DICKINSON, CHARLES B. TRUST

Operated by VALENCE OPERATING COMPANY (P-5 881167) in the PICOSO (CARRIZO SPIKE 8070) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 112746District 04Field 71385140NGPA filingCondensateGasSaveExport
Value, all time
$2.6 M
Jan 1993 – Jun 2017
Value, last 12 filed months
$3 k
at the published price for each month
Months reported
294
no gaps in the span
Streams
2
condensate, gas

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 6 leases and 6 wells, and the rule below applies to all of them.

Discovered
1984-09-12
as the register files it
Field class
Gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: ALLOC. FORMU. SUSP. ADMIN. EFF 9-1-94.

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.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA1none

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.

StreamBasisVolumeValue
CondensateDisposition2,382 bbl$108,859
GasProduction709,380 Mcf$2,495,506
Total$2,604,365

198,982 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 27.5423, -98.9252. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.54232, -98.92520 · centre of the wells drawn, derived

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
8,748 ft
1 wells filed one
Completion to plug
31.8 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 8,748 ft.

Completions filed
Sep 1984
1 of 1 wells
Plug dates filed
Jul 2016
1 of 1 wells

Last completion to plug: a median of 31.8 years across the 1 well that filed both dates, with the middle half between 31.8 years and 31.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4793388918,748 ftSep 1984Jul 2016Yes

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 (294)

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

294 months

Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 201714047.933.21$671
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 201651041.442.92$2,113
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 2015032643.433.10$1,011
Dec 2014061754.693.59$2,216
Nov 2014051070.464.25$2,168
Oct 2014065078.303.90$2,536
Sep 2014085686.164.05$3,463
Aug 2014087589.394.04$3,531
Jul 201401,01996.564.18$4,259
Jun 2014083498.164.74$3,951
May 201401,03694.734.73$4,897
Apr 201401,00395.944.81$4,824
Mar 2014099495.895.06$5,026
Feb 2014030697.406.19$1,895
Jan 2014024190.404.86$1,171
Dec 2013032291.824.35$1,402
Nov 2013073688.853.74$2,751
Oct 201301,10897.423.78$4,188
Sep 201301,144104.113.72$4,253
Aug 20131681,326104.253.52$22,185
Jul 20130761102.523.72$2,829
Jun 201301,23694.403.93$4,862
May 201301,25594.834.15$5,207
Apr 201301,26093.964.28$5,396
Mar 201301,50493.623.91$5,885
Feb 201301,52791.233.42$5,222
Jan 201311,29791.603.42$4,527
Dec 201201,53886.773.42$5,260
Nov 201211,10186.953.62$4,078
Oct 201201,12389.383.40$3,818
Sep 201201,27594.672.92$3,721
Aug 201201,14992.662.91$3,341
Jul 201201,32885.133.02$4,012
Jun 201201,23579.822.52$3,111
May 201201,26791.612.49$3,153
Apr 201201,283101.652.00$2,562
Mar 201201,170105.052.22$2,600
Feb 20120920101.102.57$2,365
Jan 201201,21798.092.73$3,327
Dec 2011044496.873.24$1,438
Nov 201101,24395.723.31$4,116
Oct 201101,20684.983.65$4,400
Sep 201101,15283.623.99$4,592
Aug 201101,31183.404.15$5,440
Jul 201101,12594.144.52$5,082
Jun 20111721,00592.904.64$20,642
May 201101,66498.134.40$7,330
Apr 201101,599105.964.33$6,929
Mar 201101,57896.364.06$6,402
Feb 2011040885.644.18$1,705
Jan 2011191486.504.59$4,281
Dec 201001,34585.734.35$5,848
Nov 201001,08980.843.80$4,133
Oct 201001,11578.103.51$3,912
Sep 201001,44772.633.98$5,758
Aug 201001,73773.684.42$7,676
Jul 201011,69272.554.74$8,087
Jun 201001,38270.364.91$6,786
May 201011,61671.124.24$6,915
Apr 201011,31781.694.12$5,511
Mar 201001,39878.394.39$6,135
Feb 201001,27073.585.44$6,912
Jan 201002174.365.96$125
Dec 20091311,12671.445.48$15,533
Nov 200901,77774.593.75$6,666
Oct 200901,69172.544.11$6,950
Sep 200902,17665.543.06$6,669
Aug 200902,64867.423.22$8,523
Jul 200942,31961.133.46$8,279
Jun 200902,43566.163.90$9,484
May 200902,10554.743.93$8,264
Apr 2009862,33746.773.59$12,406
Mar 200912,10342.144.06$8,578
Feb 200901,95132.814.63$9,039
Jan 200902,14635.865.37$11,526
Dec 200802,61437.105.98$15,624
Nov 200802,12155.496.86$14,551
Oct 2008061875.246.92$4,278
Sep 200801,295101.767.88$10,201
Aug 200811,401114.228.48$11,999
Jul 2008961,274131.0811.39$27,094
Jun 200821,225131.3313.03$16,228
May 200802,032123.1711.57$23,519
Apr 200801,885110.3110.45$19,707
Mar 200801,981101.909.66$19,145
Feb 2008071792.538.77$6,289
Jan 200801,76490.388.21$14,475
Dec 200712,32588.337.30$17,065
Nov 200702,00891.677.29$14,642
Oct 200702,32782.856.92$16,107
Sep 200712,50575.846.24$15,717
Aug 200702,61669.066.39$16,711
Jul 200702,21870.906.39$14,168
Jun 200712,90562.007.55$21,990
May 200732,94058.747.85$23,244
Apr 200702,94359.617.81$22,971
Mar 200702,76256.927.30$20,168
Feb 200712,86355.108.22$23,578
Jan 200702,49450.306.73$16,777
Dec 200632,72556.656.92$19,023
Nov 200612,99854.207.62$22,891
Oct 200602,25254.906.01$13,543
Sep 2006872,78160.085.04$19,235
Aug 200603,22068.717.34$23,635
Jul 200603,50469.376.34$22,225
Jun 200613,27566.286.38$20,973
May 200613,80366.016.42$24,500
Apr 200603,44964.397.36$25,386
Mar 200623,54156.707.08$25,194
Feb 2006753,57957.597.75$32,061
Jan 200613,72060.598.93$33,293
Dec 200503,14654.9413.42$42,205
Nov 200503,22854.6910.59$34,179
Oct 2005072358.3413.80$9,974
Sep 200505,20461.4512.08$62,859
Aug 200504,35961.519.80$42,704
Jul 200504,52555.697.84$35,492
Jun 2005542,31752.337.38$19,928
May 200503,88745.226.65$25,853
Apr 200505,34049.207.36$39,305
Mar 200507,04050.377.15$50,370
Feb 2005595,83245.226.31$39,479
Jan 200501,41443.166.32$8,940
Dec 200406,05639.866.75$40,885
Nov 200406,44545.286.33$40,800
Oct 200407,03449.706.52$45,827
Sep 200407,28943.245.28$38,514
Aug 2004597,16242.375.55$42,254
Jul 200406,48338.286.08$39,444
Jun 200402,96736.106.43$19,087
May 2004041137.486.49$2,669
Apr 2004015234.475.86$890
Mar 2004018534.365.53$1,023
Feb 2004022732.455.51$1,251
Jan 2004029032.036.30$1,827
Dec 20035722230.266.30$3,124
Nov 20030028.804.60$0
Oct 200301,70728.174.76$8,125
Sep 200302,17426.314.75$10,325
Aug 200302,20229.765.13$11,296
Jul 200302,11829.415.17$10,952
Jun 200302,18928.565.98$13,097
May 200302,36726.595.97$14,137
Apr 200302,19326.675.41$11,858
Mar 200302,69731.146.10$16,441
Feb 2003382,34933.487.93$19,890
Jan 200302,68230.315.58$14,971
Dec 200202,56526.914.85$12,450
Nov 200202,26724.664.14$9,378
Oct 200202,28326.464.23$9,655
Sep 2002592,25527.443.64$9,816
Aug 200202,45325.963.16$7,762
Jul 200202,56124.583.06$7,841
Jun 200202,80923.733.34$9,377
May 200202,42324.663.58$8,684
Apr 200202,43123.653.51$8,538
Mar 200202,36822.003.10$7,347
Feb 2002642,34018.222.38$6,725
Jan 200202,82217.172.38$6,704
Dec 200102,44416.932.36$5,779
Nov 200102,11318.072.41$5,083
Oct 200102,80119.782.53$7,083
Sep 200102,40824.262.25$5,421
Aug 2001582,69924.873.05$9,683
Jul 200102,66523.933.20$8,520
Jun 200102,44924.563.82$9,365
May 200102,85025.524.31$12,276
Apr 200102,71824.685.34$14,501
Mar 200102,58524.545.38$13,898
Feb 2001662,48527.755.77$16,163
Jan 200102,69827.478.40$22,660
Dec 200002,51626.889.12$22,952
Nov 200003,13532.215.66$17,738
Oct 200002,89731.235.15$14,907
Sep 200002,93831.875.19$15,238
Aug 200003,00029.644.54$13,622
Jul 200003,28928.534.09$13,451
Jun 2000563,29829.304.40$16,143
May 200003,62827.263.68$13,350
Apr 200003,19224.513.12$9,946
Mar 2000672,96828.422.86$10,392
Feb 200003,02927.622.73$8,259
Jan 200003,15825.272.48$7,833
Dec 199902,96024.282.42$7,174
Nov 199903,14523.192.43$7,655
Oct 199903,10420.982.80$8,703
Sep 199902,92521.752.62$7,660
Aug 199902,95719.262.88$8,503
Jul 19991162,49217.892.37$7,987
Jun 199902,31615.942.36$5,471
May 199902,83115.792.32$6,571
Apr 199903,08615.102.21$6,814
Mar 199903,80112.471.84$6,987
Feb 199902,8029.981.82$5,093
Jan 199903,34710.381.90$6,359
Dec 1998573,4849.201.77$6,703
Nov 199803,18510.892.19$6,962
Oct 199804,00312.421.97$7,883
Sep 199803,79512.592.08$7,904
Aug 1998533,78711.301.91$7,822
Jul 199803,31911.742.24$7,426
Jun 199802,08411.242.24$4,662
May 199803,02412.622.21$6,672
Apr 199803,22313.042.51$8,075
Mar 1998573,64812.802.31$9,154
Feb 199802,90713.952.30$6,684
Jan 199803,37014.702.15$7,262
Dec 199703,97016.322.41$9,572
Nov 199703,33818.193.09$10,309
Oct 1997603,71919.253.15$12,869
Sep 199703,77017.742.95$11,140
Aug 199703,68217.862.55$9,407
Jul 199703,01517.582.25$6,775
Jun 199703,48117.242.26$7,857
May 199703,69918.972.31$8,539
Apr 1997563,58317.882.08$8,464
Mar 199703,82618.951.94$7,419
Feb 1997553,38820.492.21$8,601
Jan 199703,25523.483.54$11,522
Dec 1996563,79323.32$1,306
Nov 199604,15221.97$0
Oct 199604,43923.31$0
Sep 199603,97522.22$0
Aug 199604,20720.26$0
Jul 1996494,31919.55$958
Jun 1996524,19918.73$974
May 199604,27119.43$0
Apr 1996524,13121.51$1,119
Mar 199604,32619.38$0
Feb 199603,91416.98$0
Jan 199604,39117.07$0
Dec 199504,43417.19$0
Nov 1995544,31316.00$864
Oct 199503,64415.43$0
Sep 199502,11316.18$0
Aug 1995602,96715.92$955
Jul 199503,42715.24$0
Jun 199503,85216.41$0
May 199503,51917.56$0
Apr 1995123,80017.73$213
Mar 199504,10316.44$0
Feb 199513,99416.58$17
Jan 199514,48015.92$16
Dec 199414,22415.03$15
Nov 199403,42815.90$0
Oct 199404,08015.58$0
Sep 199424,00615.29$31
Aug 199404,50616.13$0
Jul 199404,12617.56$0
Jun 199404,14517.09$0
May 199473,64215.88$111
Apr 199404,93814.14$0
Mar 1994105,29812.46$125
Feb 199404,38712.50$0
Jan 199404,96612.66$0
Dec 199304,76112.33$0
Nov 199304,35214.49$0
Oct 199304,77115.85$0
Sep 199304,15115.03$0
Aug 199304,31215.66$0
Jul 199304,86615.46$0
Jun 199385,04516.79$134
May 199304,00217.68$0
Apr 199303,40118.05$0
Mar 199304,67218.14$0
Feb 1993163,65417.90$286
Jan 199304,48616.93$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.

Apr 2017 — as filed, then multipliedworked
Condensate            14 bbl  × $ 47.93 =       $671
Gas                    0 Mcf  × $  3.21 =         $0

────────────────────────────────────────────────────
Month total                                     $671

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/112746 is the state's own key, not one this site invented.