FROST NATIONAL BANK

Name: FROST NATIONAL BANK lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by CONOCOPHILLIPS COMPANY (P-5 172232) in the VAQUILLAS RANCH (LOBO CONS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 100202District 04Field 93215400NGPA filingCondensateGasSave Export

Value, all time

$229 k

Jan 1993 – Nov 2010

Value, last 12 filed months

$4 k

at the published price for each month

Months reported

215

no gaps in the span

Streams

condensate, gas

The VAQUILLAS RANCH (LOBO CONS.) field

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 909 leases and 909 wells, and the rule below applies to all of them.

Discovered

1998-02-24

as the register files it

Field class

Oil and gas

the register's own label

Between wells

1,200 ft

minimum

From a lease line

467 ft

minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2010-11-02.

The Commission's schedule remark for this field reads: “NO P-15 OR PLAT REQUIRED.”

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

Programme	Filings	With an approval date	Dated	Docket
NGPA	1	none	—	—

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

Stream	Basis	Volume	Value
Condensate	Disposition	389 bbl	$11,228
Gas	Production	111,782 Mcf	$217,704
Total			$228,932

55,379 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 27.5337, -99.0794. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.53370, -99.07938 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule

100.0%

1 of 1 wells

With a plug date

100.0%

1 of 1 wells

Median depth

11,800 ft

1 wells filed one

Completion to plug

28.7 years

median over 1 well

What the state filed about each well

On the RRC proration schedule

1100.0%

A plug date is filed

1100.0%

BothOn the schedule and plugged. Neither fact cancels the other.

1100.0%

NeitherNo plug date, and not on the schedule.

00.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 11,800 ft.

Completions filed

Mar 1982

1 of 1 wells

Plug dates filed

Nov 2010

1 of 1 wells

Last completion to plug: a median of 28.7 years across the 1 well that filed both dates, with the middle half between 28.7 years and 28.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-47933198	10	11,800 ft	Mar 1982	Nov 2010	Yes

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (215)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

215 months


Nov 2010	0	0	80.84	3.80	$0
Oct 2010	0	0	78.10	3.51	$0
Sep 2010	0	0	72.63	3.98	$0
Aug 2010	0	0	73.68	4.42	$0
Jul 2010	0	0	72.55	4.74	$0
Jun 2010	0	0	70.36	4.91	$0
May 2010	0	0	71.12	4.24	$0
Apr 2010	0	0	81.69	4.12	$0
Mar 2010	0	0	78.39	4.39	$0
Feb 2010	0	0	73.58	5.44	$0
Jan 2010	0	0	74.36	5.96	$0
Dec 2009	61	21	71.44	5.48	$4,473
Nov 2009	0	0	74.59	3.75	$0
Oct 2009	0	0	72.54	4.11	$0
Sep 2009	0	0	65.54	3.06	$0
Aug 2009	0	0	67.42	3.22	$0
Jul 2009	0	0	61.13	3.46	$0
Jun 2009	0	0	66.16	3.90	$0
May 2009	0	231	54.74	3.93	$907
Apr 2009	0	205	46.77	3.59	$735
Mar 2009	0	116	42.14	4.06	$471
Feb 2009	0	190	32.81	4.63	$880
Jan 2009	0	251	35.86	5.37	$1,348
Dec 2008	0	248	37.10	5.98	$1,482
Nov 2008	0	166	55.49	6.86	$1,139
Oct 2008	0	373	75.24	6.92	$2,582
Sep 2008	0	343	101.76	7.88	$2,702
Aug 2008	0	386	114.22	8.48	$3,274
Jul 2008	0	358	131.08	11.39	$4,077
Jun 2008	0	415	131.33	13.03	$5,409
May 2008	0	416	123.17	11.57	$4,815
Apr 2008	0	384	110.31	10.45	$4,015
Mar 2008	0	404	101.90	9.66	$3,904
Feb 2008	0	414	92.53	8.77	$3,631
Jan 2008	0	440	90.38	8.21	$3,611
Dec 2007	0	339	88.33	7.30	$2,475
Nov 2007	0	308	91.67	7.29	$2,246
Oct 2007	0	332	82.85	6.92	$2,298
Sep 2007	0	93	75.84	6.24	$581
Aug 2007	0	9	69.06	6.39	$57
Jul 2007	0	143	70.90	6.39	$913
Jun 2007	0	103	62.00	7.55	$777
May 2007	0	117	58.74	7.85	$918
Apr 2007	0	33	59.61	7.81	$258
Mar 2007	0	62	56.92	7.30	$453
Feb 2007	0	73	55.10	8.22	$600
Jan 2007	0	22	50.30	6.73	$148
Dec 2006	0	9	56.65	6.92	$62
Nov 2006	0	21	54.20	7.62	$160
Oct 2006	0	33	54.90	6.01	$198
Sep 2006	0	0	60.08	5.04	$0
Aug 2006	0	0	68.71	7.34	$0
Jul 2006	0	0	69.37	6.34	$0
Jun 2006	0	44	66.28	6.38	$281
May 2006	0	50	66.01	6.42	$321
Apr 2006	0	43	64.39	7.36	$317
Mar 2006	0	0	56.70	7.08	$0
Feb 2006	0	0	57.59	7.75	$0
Jan 2006	0	0	60.59	8.93	$0
Dec 2005	0	0	54.94	13.42	$0
Nov 2005	0	34	54.69	10.59	$360
Oct 2005	0	16	58.34	13.80	$221
Sep 2005	0	3	61.45	12.08	$36
Aug 2005	0	0	61.51	9.80	$0
Jul 2005	0	106	55.69	7.84	$831
Jun 2005	0	344	52.33	7.38	$2,539
May 2005	0	71	45.22	6.65	$472
Apr 2005	0	0	49.20	7.36	$0
Mar 2005	0	0	50.37	7.15	$0
Feb 2005	0	0	45.22	6.31	$0
Jan 2005	0	173	43.16	6.32	$1,094
Dec 2004	0	0	39.86	6.75	$0
Nov 2004	0	51	45.28	6.33	$323
Oct 2004	0	0	49.70	6.52	$0
Sep 2004	0	0	43.24	5.28	$0
Aug 2004	0	0	42.37	5.55	$0
Jul 2004	0	0	38.28	6.08	$0
Jun 2004	0	41	36.10	6.43	$264
May 2004	9	65	37.48	6.49	$759
Apr 2004	0	287	34.47	5.86	$1,681
Mar 2004	0	260	34.36	5.53	$1,438
Feb 2004	0	718	32.45	5.51	$3,956
Jan 2004	0	341	32.03	6.30	$2,148
Dec 2003	0	0	30.26	6.30	$0
Nov 2003	0	80	28.80	4.60	$368
Oct 2003	0	0	28.17	4.76	$0
Sep 2003	0	0	26.31	4.75	$0
Aug 2003	0	90	29.76	5.13	$462
Jul 2003	0	82	29.41	5.17	$424
Jun 2003	62	0	28.56	5.98	$1,771
May 2003	0	144	26.59	5.97	$860
Apr 2003	0	194	26.67	5.41	$1,049
Mar 2003	0	204	31.14	6.10	$1,244
Feb 2003	0	407	33.48	7.93	$3,226
Jan 2003	0	555	30.31	5.58	$3,098
Dec 2002	0	556	26.91	4.85	$2,699
Nov 2002	0	271	24.66	4.14	$1,121
Oct 2002	0	383	26.46	4.23	$1,620
Sep 2002	0	369	27.44	3.64	$1,341
Aug 2002	0	273	25.96	3.16	$864
Jul 2002	0	509	24.58	3.06	$1,558
Jun 2002	0	338	23.73	3.34	$1,128
May 2002	0	691	24.66	3.58	$2,477
Apr 2002	0	529	23.65	3.51	$1,858
Mar 2002	0	697	22.00	3.10	$2,163
Feb 2002	22	698	18.22	2.38	$2,059
Jan 2002	0	375	17.17	2.38	$891
Dec 2001	0	521	16.93	2.36	$1,232
Nov 2001	0	469	18.07	2.41	$1,128
Oct 2001	0	533	19.78	2.53	$1,348
Sep 2001	0	337	24.26	2.25	$759
Aug 2001	0	353	24.87	3.05	$1,078
Jul 2001	0	373	23.93	3.20	$1,193
Jun 2001	0	510	24.56	3.82	$1,950
May 2001	0	420	25.52	4.31	$1,809
Apr 2001	2	504	24.68	5.34	$2,738
Mar 2001	0	537	24.54	5.38	$2,887
Feb 2001	0	334	27.75	5.77	$1,926
Jan 2001	0	375	27.47	8.40	$3,150
Dec 2000	0	435	26.88	9.12	$3,968
Nov 2000	2	605	32.21	5.66	$3,488
Oct 2000	0	305	31.23	5.15	$1,569
Sep 2000	0	531	31.87	5.19	$2,754
Aug 2000	0	573	29.64	4.54	$2,602
Jul 2000	1	616	28.53	4.09	$2,548
Jun 2000	1	645	29.30	4.40	$2,866
May 2000	0	738	27.26	3.68	$2,716
Apr 2000	0	593	24.51	3.12	$1,848
Mar 2000	0	665	28.42	2.86	$1,902
Feb 2000	0	676	27.62	2.73	$1,843
Jan 2000	0	780	25.27	2.48	$1,935
Dec 1999	0	539	24.28	2.42	$1,306
Nov 1999	0	633	23.19	2.43	$1,541
Oct 1999	0	647	20.98	2.80	$1,814
Sep 1999	82	721	21.75	2.62	$3,672
Aug 1999	0	710	19.26	2.88	$2,042
Jul 1999	0	774	17.89	2.37	$1,836
Jun 1999	0	795	15.94	2.36	$1,878
May 1999	0	830	15.79	2.32	$1,926
Apr 1999	0	832	15.10	2.21	$1,837
Mar 1999	2	809	12.47	1.84	$1,512
Feb 1999	0	732	9.98	1.82	$1,331
Jan 1999	0	735	10.38	1.90	$1,396
Dec 1998	0	855	9.20	1.77	$1,516
Nov 1998	0	624	10.89	2.19	$1,364
Oct 1998	0	627	12.42	1.97	$1,235
Sep 1998	0	676	12.59	2.08	$1,408
Aug 1998	0	803	11.30	1.91	$1,532
Jul 1998	0	837	11.74	2.24	$1,873
Jun 1998	0	839	11.24	2.24	$1,877
May 1998	0	926	12.62	2.21	$2,043
Apr 1998	0	824	13.04	2.51	$2,064
Mar 1998	0	999	12.80	2.31	$2,307
Feb 1998	0	899	13.95	2.30	$2,067
Jan 1998	0	940	14.70	2.15	$2,026
Dec 1997	0	891	16.32	2.41	$2,148
Nov 1997	0	612	18.19	3.09	$1,890
Oct 1997	0	750	19.25	3.15	$2,362
Sep 1997	0	589	17.74	2.95	$1,740
Aug 1997	3	564	17.86	2.55	$1,494
Jul 1997	0	691	17.58	2.25	$1,553
Jun 1997	0	678	17.24	2.26	$1,530
May 1997	0	749	18.97	2.31	$1,729
Apr 1997	0	642	17.88	2.08	$1,337
Mar 1997	1	745	18.95	1.94	$1,464
Feb 1997	0	610	20.49	2.21	$1,346
Jan 1997	0	698	23.48	3.54	$2,471
Dec 1996	0	900	23.32	—	$0
Nov 1996	0	1,054	21.97	—	$0
Oct 1996	0	1,091	23.31	—	$0
Sep 1996	1	901	22.22	—	$22
Aug 1996	0	1,001	20.26	—	$0
Jul 1996	0	1,096	19.55	—	$0
Jun 1996	2	1,088	18.73	—	$37
May 1996	0	1,054	19.43	—	$0
Apr 1996	0	1,102	21.51	—	$0
Mar 1996	76	1,091	19.38	—	$1,473
Feb 1996	0	777	16.98	—	$0
Jan 1996	0	996	17.07	—	$0
Dec 1995	0	1,186	17.19	—	$0
Nov 1995	0	1,144	16.00	—	$0
Oct 1995	0	1,156	15.43	—	$0
Sep 1995	0	1,084	16.18	—	$0
Aug 1995	0	1,219	15.92	—	$0
Jul 1995	1	1,211	15.24	—	$15
Jun 1995	0	1,112	16.41	—	$0
May 1995	1	1,108	17.56	—	$18
Apr 1995	0	1,227	17.73	—	$0
Mar 1995	0	1,242	16.44	—	$0
Feb 1995	0	1,154	16.58	—	$0
Jan 1995	0	1,251	15.92	—	$0
Dec 1994	0	1,291	15.03	—	$0
Nov 1994	0	1,225	15.90	—	$0
Oct 1994	0	1,332	15.58	—	$0
Sep 1994	0	1,286	15.29	—	$0
Aug 1994	1	1,021	16.13	—	$16
Jul 1994	0	1,082	17.56	—	$0
Jun 1994	0	1,075	17.09	—	$0
May 1994	0	1,272	15.88	—	$0
Apr 1994	0	1,267	14.14	—	$0
Mar 1994	0	1,336	12.46	—	$0
Feb 1994	0	1,235	12.50	—	$0
Jan 1994	0	1,178	12.66	—	$0
Dec 1993	59	1,052	12.33	—	$727
Nov 1993	0	1,000	14.49	—	$0
Oct 1993	0	1,164	15.85	—	$0
Sep 1993	0	1,329	15.03	—	$0
Aug 1993	0	1,254	15.66	—	$0
Jul 1993	0	1,292	15.46	—	$0
Jun 1993	0	1,235	16.79	—	$0
May 1993	0	1,114	17.68	—	$0
Apr 1993	0	1,106	18.05	—	$0
Mar 1993	0	1,228	18.14	—	$0
Feb 1993	0	1,349	17.90	—	$0
Jan 1993	0	1,411	16.93	—	$0

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

Dec 2009 — as filed, then multipliedworked

Condensate            61 bbl  × $ 71.44 =     $4,358
Gas                   21 Mcf  × $  5.48 =       $115

────────────────────────────────────────────────────
Month total                                   $4,473

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 04/G/100202 is the state's own key, not one this site invented.