CANALES, A.T.

Operated by HILCORP ENERGY COMPANY (P-5 386310) in the T-C-B (VXBG CONSOLIDATED) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 133487District 04Field 899451052 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.7 M
Jan 1993 – Feb 2013
Value, last 12 filed months
$0
at the published price for each month
Months reported
242
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 154 leases and 160 wells, and the rule below applies to all of them.

Discovered
2011-05-24
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 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 2011-06-01.

The Commission's schedule remark for this field reads: INTO THIS FIELD. EFF DATE IS 02/01/14.

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
High Cost Gas112004-03-25155782
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
CondensateDisposition21,285 bbl$387,143
GasProduction1,169,435 Mcf$2,339,022
Total$2,726,165

491,501 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 27.3222, -98.0331. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.32216, -98.03314 · 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
11,100 ft
1 wells filed one
Completion to plug
17.7 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 11,100 ft.

Completions filed
Jul 1994
1 of 1 wells
Plug dates filed
Mar 2012
1 of 1 wells

Last completion to plug: a median of 17.7 years across the 1 well that filed both dates, with the middle half between 17.7 years and 17.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-273305705011,100 ftJul 1994Mar 2012Yes

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 (242)

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

242 months

Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
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 20040339.866.75$20
Nov 20040845.286.33$51
Oct 20040049.706.52$0
Sep 20040243.245.28$11
Aug 20040442.375.55$22
Jul 200401838.286.08$110
Jun 2004210936.106.43$773
May 2004890937.486.49$6,203
Apr 200473,36834.475.86$19,973
Mar 2004145,12534.365.53$28,823
Feb 2004164,98732.455.51$27,996
Jan 2004196,12832.036.30$39,213
Dec 2003166,56830.266.30$41,873
Nov 2003166,32128.804.60$29,507
Oct 2003168,37928.174.76$40,332
Sep 20031026.314.75$26
Aug 2003114,07029.765.13$21,205
Jul 2003135,89829.415.17$30,880
Jun 2003115,76028.565.98$34,776
May 2003196,79726.595.97$41,102
Apr 2003406,25226.675.41$34,873
Mar 2003596,74531.146.10$42,955
Feb 2003535,92233.487.93$48,712
Jan 2003426,99730.315.58$40,331
Dec 2002478,06626.914.85$40,415
Nov 2002917,96424.664.14$35,191
Oct 20021227,88426.464.23$36,571
Sep 20021417,59827.443.64$31,489
Aug 20021597,73525.963.16$28,602
Jul 20021857,93124.583.06$28,830
Jun 20022047,68223.733.34$30,485
May 20022197,92024.663.58$33,786
Apr 20021788,19223.653.51$32,983
Mar 20021627,69822.003.10$27,449
Feb 20021386,42318.222.38$17,773
Jan 20021467,26717.172.38$19,771
Dec 20011597,47516.932.36$20,366
Nov 20011517,19618.072.41$20,039
Oct 20011197,35019.782.53$20,941
Sep 20011257,31824.262.25$19,508
Aug 20011448,06524.873.05$28,205
Jul 20011387,77923.933.20$28,172
Jun 20011237,50624.563.82$31,725
May 2001997,70825.524.31$35,727
Apr 2001547,22724.685.34$39,891
Mar 2001867,54724.545.38$42,686
Feb 2001736,76027.755.77$41,011
Jan 2001977,43227.478.40$65,084
Dec 20001027,43926.889.12$70,604
Nov 2000857,29032.215.66$43,985
Oct 2000687,50131.235.15$40,720
Sep 2000617,14231.875.19$38,986
Aug 2000667,51429.644.54$36,075
Jul 2000687,17928.534.09$31,300
Jun 2000586,69429.304.40$31,135
May 2000706,93927.263.68$27,442
Apr 2000717,13924.513.12$23,985
Mar 2000717,15728.422.86$22,485
Feb 20001016,74027.622.73$21,166
Jan 20001777,29925.272.48$22,578
Dec 19991388,68324.282.42$24,396
Nov 19991298,17223.192.43$22,882
Oct 1999989,11120.982.80$27,601
Sep 1999738,79321.752.62$24,615
Aug 1999727,81419.262.88$23,857
Jul 1999927,84117.892.37$20,248
Jun 1999998,04215.942.36$20,574
May 1999997,97015.792.32$20,062
Apr 19991068,10815.102.21$19,503
Mar 19991338,01912.471.84$16,400
Feb 19991227,7319.981.82$15,271
Jan 19991518,63910.381.90$17,981
Dec 19981128,3759.201.77$15,882
Nov 1998927,06910.892.19$16,453
Oct 19981059,07312.421.97$19,171
Sep 19981549,89012.592.08$22,536
Aug 19981376,89211.301.91$14,694
Jul 19981639,58011.742.24$23,347
Jun 19981809,20211.242.24$22,611
May 19981859,31712.622.21$22,891
Apr 19981608,67113.042.51$23,810
Mar 19981279,02312.802.31$22,464
Feb 19981288,30413.952.30$20,878
Jan 19981469,40214.702.15$22,406
Dec 19971438,54916.322.41$22,946
Nov 19971317,91418.193.09$26,823
Oct 199713810,08019.253.15$34,407
Sep 19971710,21017.742.95$30,471
Aug 19971669,68317.862.55$27,702
Jul 19972009,78117.582.25$25,493
Jun 19972029,68517.242.26$25,343
May 199723110,06318.972.31$27,613
Apr 19971969,86817.882.08$24,057
Mar 199721510,22918.951.94$23,910
Feb 19971799,49020.492.21$24,602
Jan 199717210,53523.483.54$41,329
Dec 199617210,83923.32$4,011
Nov 199616210,26721.97$3,559
Oct 19961438,41423.31$3,333
Sep 19961097,75722.22$2,422
Aug 19961278,37720.26$2,573
Jul 19961308,11919.55$2,542
Jun 19961439,00318.73$2,678
May 19961718,92919.43$3,323
Apr 19961727,52121.51$3,700
Mar 19962189,64419.38$4,225
Feb 199618711,11716.98$3,175
Jan 199618610,98717.07$3,175
Dec 199522111,00017.19$3,799
Nov 199515510,72316.00$2,480
Oct 1995696,33415.43$1,065
Sep 19951827,45916.18$2,945
Aug 199527311,12315.92$4,346
Jul 199526711,75215.24$4,069
Jun 199524412,47116.41$4,004
May 199525013,35417.56$4,390
Apr 199532414,76517.73$5,745
Mar 199555718,50516.44$9,157
Feb 199573923,18816.58$12,253
Jan 199539121,30615.92$6,225
Dec 1994692,93615.03$1,037
Nov 19941224,88715.90$1,940
Oct 19941704,84315.58$2,649
Sep 19942095,62715.29$3,196
Aug 19943208,35716.13$5,162
Jul 199449913,44417.56$8,762
Jun 19945126,99517.09$8,750
May 199441511,96715.88$6,590
Apr 199435311,43814.14$4,991
Mar 199456312,98512.46$7,015
Feb 19943769,11112.50$4,700
Jan 199453712,90112.66$6,798
Dec 19931255,81312.33$1,541
Nov 19931509,00014.49$2,174
Oct 19932109,95715.85$3,329
Sep 19931289,38215.03$1,924
Aug 199313911,70815.66$2,177
Jul 199312811,56715.46$1,979
Jun 199314011,19016.79$2,351
May 199314811,23417.68$2,617
Apr 19933910,17218.05$704
Mar 19931787,14418.14$3,229
Feb 19931894,55817.90$3,383
Jan 199346211,33116.93$7,822

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 2004 — as filed, then multipliedworked
Condensate             0 bbl  × $ 39.86 =         $0
Gas                    3 Mcf  × $  6.75 =        $20

────────────────────────────────────────────────────
Month total                                      $20

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/133487 is the state's own key, not one this site invented.