MCASKILL

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

Gas lease lease 118703District 04Field 50925015NGPA filingCondensateGasSaveExport
Value, all time
$34 k
Jan 1993 – Dec 2003
Value, last 12 filed months
$0
at the published price for each month
Months reported
132
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 719 leases and 719 wells, and the rule below applies to all of them.

Discovered
1999-06-29
as the register files it
Field class
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: PERMITTED/DRILLED/COMPLETED ON THE SAME LEASE.

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
CondensateDisposition3 bbl$48
GasProduction72,026 Mcf$34,216
Total$34,264

59,869 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 27.2181, -99.2440. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.21810, -99.24399 · 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
11,900 ft
1 wells filed one
Completion to plug
18.2 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 11,900 ft.

Completions filed
Oct 1985
1 of 1 wells
Plug dates filed
Dec 2003
1 of 1 wells

Last completion to plug: a median of 18.2 years across the 1 well that filed both dates, with the middle half between 18.2 years and 18.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-505320981811,900 ftOct 1985Dec 2003Yes

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 (132)

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

132 months

Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020624.663.58$22
Apr 2002011223.653.51$393
Mar 2002010122.003.10$313
Feb 200204718.222.38$112
Jan 2002012717.172.38$302
Dec 2001014416.932.36$340
Nov 2001011218.072.41$269
Oct 2001012419.782.53$314
Sep 2001012424.262.25$279
Aug 2001011124.873.05$339
Jul 200109223.933.20$294
Jun 200107024.563.82$268
May 2001012425.524.31$534
Apr 2001011624.685.34$619
Mar 2001012424.545.38$667
Feb 200109027.755.77$519
Jan 2001016727.478.40$1,403
Dec 2000011526.889.12$1,049
Nov 200005532.215.66$311
Oct 2000012331.235.15$633
Sep 200007931.875.19$410
Aug 200008429.644.54$381
Jul 2000016428.534.09$671
Jun 2000014629.304.40$642
May 2000016827.263.68$618
Apr 2000016224.513.12$505
Mar 2000010228.422.86$292
Feb 200008527.622.73$232
Jan 2000014525.272.48$360
Dec 1999014524.282.42$351
Nov 1999012523.192.43$304
Oct 1999024820.982.80$695
Sep 199904921.752.62$128
Aug 1999015119.262.88$434
Jul 1999014717.892.37$349
Jun 1999018915.942.36$446
May 1999056915.792.32$1,321
Apr 1999016215.102.21$358
Mar 1999011212.471.84$206
Feb 199901619.981.82$293
Jan 1999021610.381.90$410
Dec 199802469.201.77$436
Nov 1998021010.892.19$459
Oct 1998024412.421.97$480
Sep 1998024612.592.08$512
Aug 1998025911.301.91$494
Jul 1998024411.742.24$546
Jun 1998022211.242.24$497
May 1998025112.622.21$554
Apr 1998018313.042.51$458
Mar 1998024212.802.31$559
Feb 1998024813.952.30$570
Jan 1998024814.702.15$534
Dec 1997023516.322.41$567
Nov 1997026318.193.09$812
Oct 1997031519.253.15$992
Sep 1997025217.742.95$745
Aug 1997027317.862.55$697
Jul 1997033717.582.25$757
Jun 1997033117.242.26$747
May 1997033618.972.31$776
Apr 1997034017.882.08$708
Mar 1997038418.951.94$745
Feb 1997036620.492.21$807
Jan 1997038923.483.54$1,377
Dec 1996039323.32$0
Nov 1996036821.97$0
Oct 1996035623.31$0
Sep 1996035222.22$0
Aug 1996039320.26$0
Jul 1996039719.55$0
Jun 1996040918.73$0
May 1996039919.43$0
Apr 1996039121.51$0
Mar 1996042919.38$0
Feb 1996041116.98$0
Jan 1996041517.07$0
Dec 1995041417.19$0
Nov 1995040116.00$0
Oct 1995039415.43$0
Sep 1995039216.18$0
Aug 1995044415.92$0
Jul 1995038915.24$0
Jun 1995080616.41$0
May 1995075617.56$0
Apr 1995061817.73$0
Mar 1995063716.44$0
Feb 1995051316.58$0
Jan 1995074915.92$0
Dec 1994080815.03$0
Nov 1994063315.90$0
Oct 1994051915.58$0
Sep 1994059215.29$0
Aug 1994068016.13$0
Jul 199402,29817.56$0
Jun 199402,10617.09$0
May 199402,39715.88$0
Apr 199402,17514.14$0
Mar 199402,29512.46$0
Feb 199402,05712.50$0
Jan 199401,91412.66$0
Dec 199312,45312.33$12
Nov 199302,30614.49$0
Oct 199302,34315.85$0
Sep 199302,39115.03$0
Aug 199302,62215.66$0
Jul 199302,40515.46$0
Jun 199302,44816.79$0
May 199322,63417.68$35
Apr 199302,54718.05$0
Mar 199302,53418.14$0
Feb 199302,50017.90$0
Jan 199302,98616.93$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.

May 2002 — as filed, then multipliedworked
Condensate             0 bbl  × $ 24.66 =         $0
Gas                    6 Mcf  × $  3.58 =        $22

────────────────────────────────────────────────────
Month total                                      $22

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/118703 is the state's own key, not one this site invented.