CARR

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 122468District 04Field 93215400NGPA filingCondensateGasSaveExport
Value, all time
$126 k
Jan 1993 – Apr 2009
Value, last 12 filed months
$0
at the published price for each month
Months reported
196
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 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.

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
CondensateDisposition420 bbl$7,917
GasProduction76,136 Mcf$117,892
Total$125,809

40,168 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 27.7379, -99.0575. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.73787, -99.05750 · 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
9,200 ft
1 wells filed one
Completion to plug
11.1 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 9,200 ft.

Completions filed
Mar 1998
1 of 1 wells
Plug dates filed
Apr 2009
1 of 1 wells

Last completion to plug: a median of 11.1 years across the 1 well that filed both dates, with the middle half between 11.1 years and 11.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-47934387289,200 ftMar 1998Apr 2009Yes

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 (196)

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

196 months

Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 200418032.455.51$584
Jan 20040032.036.30$0
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 2003039629.415.17$2,048
Jun 2003050728.565.98$3,033
May 20033753626.595.97$4,185
Apr 2003053126.675.41$2,871
Mar 2003035531.146.10$2,164
Feb 2003044333.487.93$3,511
Jan 2003086530.315.58$4,828
Dec 20020026.914.85$0
Nov 20021024.664.14$25
Oct 200204026.464.23$169
Sep 2002023327.443.64$847
Aug 200201,00025.963.16$3,164
Jul 2002018424.583.06$563
Jun 200207923.733.34$264
May 2002024224.663.58$867
Apr 2002064023.653.51$2,248
Mar 2002011722.003.10$363
Feb 2002026618.222.38$632
Jan 2002070917.172.38$1,684
Dec 2001028916.932.36$683
Nov 2001014718.072.41$354
Oct 2001021119.782.53$534
Sep 2001066224.262.25$1,490
Aug 2001011224.873.05$342
Jul 2001017823.933.20$569
Jun 2001450524.563.82$2,029
May 2001024825.524.31$1,068
Apr 2001052824.685.34$2,817
Mar 2001028824.545.38$1,548
Feb 2001060827.755.77$3,506
Jan 2001070527.478.40$5,921
Dec 2000034426.889.12$3,138
Nov 2000016732.215.66$945
Oct 2000019331.235.15$993
Sep 2000047231.875.19$2,448
Aug 2000046529.644.54$2,111
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 2000050827.263.68$1,869
Apr 2000031724.513.12$988
Mar 2000547028.422.86$1,486
Feb 2000054227.622.73$1,478
Jan 2000020525.272.48$509
Dec 19997565424.282.42$3,406
Nov 1999032923.192.43$801
Oct 1999054420.982.80$1,525
Sep 199901,27821.752.62$3,347
Aug 1999015819.262.88$454
Jul 1999036917.892.37$875
Jun 1999234415.942.36$844
May 1999042815.792.32$993
Apr 1999064715.102.21$1,429
Mar 1999060012.471.84$1,103
Feb 199903609.981.82$654
Jan 1999036710.381.90$697
Dec 199805629.201.77$997
Nov 1998045310.892.19$990
Oct 1998054612.421.97$1,075
Sep 1998245912.592.08$981
Aug 1998082911.301.91$1,581
Jul 1998067711.742.24$1,515
Jun 1998049211.242.24$1,101
May 1998061012.622.21$1,346
Apr 1998054413.042.51$1,363
Mar 1998059312.802.31$1,370
Feb 1998063713.952.30$1,465
Jan 1998061714.702.15$1,330
Dec 1997086416.322.41$2,083
Nov 1997070518.193.09$2,177
Oct 1997051719.253.15$1,628
Sep 1997278117.742.95$2,343
Aug 1997055717.862.55$1,423
Jul 1997074817.582.25$1,681
Jun 1997039717.242.26$896
May 1997165418.972.31$1,529
Apr 1997063017.882.08$1,312
Mar 1997054218.951.94$1,051
Feb 1997254420.492.21$1,241
Jan 1997062523.483.54$2,212
Dec 1996168923.32$23
Nov 1996370021.97$66
Oct 1996168123.31$23
Sep 1996162022.22$22
Aug 1996076520.26$0
Jul 1996077919.55$0
Jun 1996053418.73$0
May 1996060019.43$0
Apr 1996050921.51$0
Mar 19963853519.38$736
Feb 1996057716.98$0
Jan 1996068817.07$0
Dec 1995060817.19$0
Nov 1995065216.00$0
Oct 1995082415.43$0
Sep 1995058316.18$0
Aug 1995077115.92$0
Jul 1995076815.24$0
Jun 1995073416.41$0
May 19953284717.56$562
Apr 1995084917.73$0
Mar 1995086316.44$0
Feb 1995081316.58$0
Jan 1995188915.92$16
Dec 1994091515.03$0
Nov 19946279615.90$986
Oct 1994080315.58$0
Sep 1994089415.29$0
Aug 1994084116.13$0
Jul 1994096117.56$0
Jun 1994096217.09$0
May 1994178815.88$16
Apr 1994180614.14$14
Mar 1994182412.46$12
Feb 1994086212.50$0
Jan 199412980412.66$1,633
Dec 1993088312.33$0
Nov 199301,12414.49$0
Oct 199301,49515.85$0
Sep 1993067615.03$0
Aug 199301,05515.66$0
Jul 199301,53315.46$0
Jun 1993032816.79$0
May 1993083117.68$0
Apr 199301,33918.05$0
Mar 199301,70118.14$0
Feb 1993035217.90$0
Jan 199301,71716.93$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.

Feb 2004 — as filed, then multipliedworked
Condensate            18 bbl  × $ 32.45 =       $584
Gas                    0 Mcf  × $  5.51 =         $0

────────────────────────────────────────────────────
Month total                                     $584

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/122468 is the state's own key, not one this site invented.