CULPEPPER

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

Operated by OPEX ENERGY, LLC (P-5 624930) in the BELLE PEPPER (LOBO 6) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 140773District 04Field 069301002 tax incentive programmesCondensateGasSave Export

Value, all time

$1.1 M

Jan 1993 – Mar 2006

Value, last 12 filed months

$47 k

at the published price for each month

Months reported

159

no gaps in the span

Streams

condensate, gas

The BELLE PEPPER (LOBO 6) 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 14 leases and 14 wells, and the rule below applies to all of them.

Discovered

1991-02-01

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: “AOF-1 AND AOF-2 EFFECTIVE 07/01/97.”

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
High Cost Gas	1	1	1992-03-26	124910
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	8,329 bbl	$134,909
Gas	Production	1,980,190 Mcf	$948,375
Total			$1,083,284

1,701,152 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 27.7863, -99.0709. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.78635, -99.07089 · 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

0.0%

0 of 1 wells

Median depth

8,350 ft

1 wells filed one

Completion to plug

—

no well filed both dates

What the state filed about each well

On the RRC proration schedule

1100.0%

A plug date is filed

00.0%

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

00.0%

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 8,350 ft.

Completions filed

Feb 2006

1 of 1 wells

1 well


42-47935358	4	8,350 ft	Feb 2006	—	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 (159)

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

159 months


Mar 2006	0	0	56.70	7.08	$0
Feb 2006	0	336	57.59	7.75	$2,604
Jan 2006	0	610	60.59	8.93	$5,449
Dec 2005	0	289	54.94	13.42	$3,877
Nov 2005	0	268	54.69	10.59	$2,838
Oct 2005	0	68	58.34	13.80	$938
Sep 2005	0	583	61.45	12.08	$7,042
Aug 2005	0	600	61.51	9.80	$5,878
Jul 2005	0	629	55.69	7.84	$4,934
Jun 2005	0	703	52.33	7.38	$5,189
May 2005	0	536	45.22	6.65	$3,565
Apr 2005	0	587	49.20	7.36	$4,321
Mar 2005	0	649	50.37	7.15	$4,644
Feb 2005	0	0	45.22	6.31	$0
Jan 2005	0	0	43.16	6.32	$0
Dec 2004	0	0	39.86	6.75	$0
Nov 2004	0	0	45.28	6.33	$0
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	26	0	38.28	6.08	$995
Jun 2004	0	0	36.10	6.43	$0
May 2004	0	0	37.48	6.49	$0
Apr 2004	0	0	34.47	5.86	$0
Mar 2004	0	331	34.36	5.53	$1,830
Feb 2004	0	934	32.45	5.51	$5,146
Jan 2004	0	773	32.03	6.30	$4,870
Dec 2003	0	978	30.26	6.30	$6,163
Nov 2003	23	1,015	28.80	4.60	$5,326
Oct 2003	0	1,458	28.17	4.76	$6,940
Sep 2003	0	1,546	26.31	4.75	$7,343
Aug 2003	0	1,842	29.76	5.13	$9,449
Jul 2003	0	2,007	29.41	5.17	$10,378
Jun 2003	0	2,026	28.56	5.98	$12,121
May 2003	18	1,928	26.59	5.97	$11,994
Apr 2003	0	2,546	26.67	5.41	$13,767
Mar 2003	0	3,223	31.14	6.10	$19,648
Feb 2003	23	2,818	33.48	7.93	$23,105
Jan 2003	40	3,770	30.31	5.58	$22,257
Dec 2002	0	3,247	26.91	4.85	$15,760
Nov 2002	0	2,085	24.66	4.14	$8,626
Oct 2002	0	2,575	26.46	4.23	$10,890
Sep 2002	0	783	27.44	3.64	$2,846
Aug 2002	0	1,945	25.96	3.16	$6,154
Jul 2002	0	1,888	24.58	3.06	$5,781
Jun 2002	0	2,794	23.73	3.34	$9,327
May 2002	0	2,234	24.66	3.58	$8,007
Apr 2002	0	2,759	23.65	3.51	$9,690
Mar 2002	0	2,759	22.00	3.10	$8,560
Feb 2002	0	2,360	18.22	2.38	$5,607
Jan 2002	0	2,330	17.17	2.38	$5,535
Dec 2001	0	1,997	16.93	2.36	$4,722
Nov 2001	20	1,923	18.07	2.41	$4,987
Oct 2001	0	2,356	19.78	2.53	$5,958
Sep 2001	0	1,254	24.26	2.25	$2,823
Aug 2001	0	3,388	24.87	3.05	$10,344
Jul 2001	26	2,059	23.93	3.20	$7,205
Jun 2001	0	2,732	24.56	3.82	$10,448
May 2001	0	3,370	25.52	4.31	$14,516
Apr 2001	0	2,873	24.68	5.34	$15,328
Mar 2001	0	3,419	24.54	5.38	$18,382
Feb 2001	0	2,259	27.75	5.77	$13,028
Jan 2001	0	3,162	27.47	8.40	$26,557
Dec 2000	0	3,088	26.88	9.12	$28,170
Nov 2000	0	3,309	32.21	5.66	$18,722
Oct 2000	0	1,712	31.23	5.15	$8,809
Sep 2000	0	2,342	31.87	5.19	$12,147
Aug 2000	0	3,419	29.64	4.54	$15,525
Jul 2000	0	2,658	28.53	4.09	$10,871
Jun 2000	0	3,033	29.30	4.40	$13,337
May 2000	0	3,163	27.26	3.68	$11,639
Apr 2000	0	3,026	24.51	3.12	$9,429
Mar 2000	0	3,066	28.42	2.86	$8,768
Feb 2000	0	2,502	27.62	2.73	$6,822
Jan 2000	0	3,447	25.27	2.48	$8,550
Dec 1999	22	3,063	24.28	2.42	$7,958
Nov 1999	0	2,806	23.19	2.43	$6,830
Oct 1999	0	3,010	20.98	2.80	$8,439
Sep 1999	0	2,626	21.75	2.62	$6,877
Aug 1999	0	2,772	19.26	2.88	$7,971
Jul 1999	0	3,811	17.89	2.37	$9,041
Jun 1999	0	4,342	15.94	2.36	$10,256
May 1999	0	4,134	15.79	2.32	$9,595
Apr 1999	25	4,627	15.10	2.21	$10,594
Mar 1999	0	4,333	12.47	1.84	$7,965
Feb 1999	23	3,172	9.98	1.82	$5,996
Jan 1999	0	4,304	10.38	1.90	$8,177
Dec 1998	21	4,060	9.20	1.77	$7,393
Nov 1998	0	4,147	10.89	2.19	$9,064
Oct 1998	0	3,874	12.42	1.97	$7,629
Sep 1998	26	2,989	12.59	2.08	$6,552
Aug 1998	0	4,028	11.30	1.91	$7,683
Jul 1998	25	4,800	11.74	2.24	$11,032
Jun 1998	0	4,588	11.24	2.24	$10,265
May 1998	25	4,825	12.62	2.21	$10,961
Apr 1998	24	5,409	13.04	2.51	$13,864
Mar 1998	0	3,632	12.80	2.31	$8,388
Feb 1998	46	2,012	13.95	2.30	$5,268
Jan 1998	0	3,002	14.70	2.15	$6,469
Dec 1997	19	2,838	16.32	2.41	$7,153
Nov 1997	15	2,544	18.19	3.09	$8,129
Oct 1997	0	2,224	19.25	3.15	$7,005
Sep 1997	0	1,797	17.74	2.95	$5,310
Aug 1997	23	1,978	17.86	2.55	$5,464
Jul 1997	0	3,552	17.58	2.25	$7,981
Jun 1997	0	4,876	17.24	2.26	$11,006
May 1997	19	6,019	18.97	2.31	$14,255
Apr 1997	38	8,575	17.88	2.08	$18,539
Mar 1997	51	10,487	18.95	1.94	$21,302
Feb 1997	0	6,618	20.49	2.21	$14,599
Jan 1997	27	10,795	23.48	3.54	$38,845
Dec 1996	12	11,143	23.32	—	$280
Nov 1996	12	7,371	21.97	—	$264
Oct 1996	13	9,997	23.31	—	$303
Sep 1996	15	7,686	22.22	—	$333
Aug 1996	15	10,821	20.26	—	$304
Jul 1996	18	10,117	19.55	—	$352
Jun 1996	22	14,235	18.73	—	$412
May 1996	28	14,775	19.43	—	$544
Apr 1996	27	14,727	21.51	—	$581
Mar 1996	39	15,653	19.38	—	$756
Feb 1996	15	16,954	16.98	—	$255
Jan 1996	25	15,057	17.07	—	$427
Dec 1995	47	16,865	17.19	—	$808
Nov 1995	38	8,089	16.00	—	$608
Oct 1995	34	16,820	15.43	—	$525
Sep 1995	0	16,961	16.18	—	$0
Aug 1995	36	22,840	15.92	—	$573
Jul 1995	39	24,195	15.24	—	$594
Jun 1995	43	28,405	16.41	—	$706
May 1995	55	25,672	17.56	—	$966
Apr 1995	74	23,577	17.73	—	$1,312
Mar 1995	119	25,519	16.44	—	$1,956
Feb 1995	133	21,080	16.58	—	$2,205
Jan 1995	184	29,168	15.92	—	$2,929
Dec 1994	184	31,942	15.03	—	$2,766
Nov 1994	240	34,351	15.90	—	$3,816
Oct 1994	251	45,877	15.58	—	$3,911
Sep 1994	267	42,203	15.29	—	$4,082
Aug 1994	88	22,833	16.13	—	$1,419
Jul 1994	210	23,265	17.56	—	$3,688
Jun 1994	118	25,437	17.09	—	$2,017
May 1994	97	22,456	15.88	—	$1,540
Apr 1994	162	16,298	14.14	—	$2,291
Mar 1994	153	17,114	12.46	—	$1,906
Feb 1994	393	45,100	12.50	—	$4,913
Jan 1994	372	54,072	12.66	—	$4,710
Dec 1993	247	43,500	12.33	—	$3,046
Nov 1993	293	61,624	14.49	—	$4,246
Oct 1993	356	68,254	15.85	—	$5,643
Sep 1993	333	67,940	15.03	—	$5,005
Aug 1993	310	68,257	15.66	—	$4,855
Jul 1993	332	89,405	15.46	—	$5,133
Jun 1993	281	76,795	16.79	—	$4,718
May 1993	327	74,816	17.68	—	$5,781
Apr 1993	350	78,532	18.05	—	$6,318
Mar 1993	399	83,801	18.14	—	$7,238
Feb 1993	387	85,363	17.90	—	$6,927
Jan 1993	531	114,190	16.93	—	$8,990

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 2006 — as filed, then multipliedworked

Condensate             0 bbl  × $ 57.59 =         $0
Gas                  336 Mcf  × $  7.75 =     $2,604

────────────────────────────────────────────────────
Month total                                   $2,604

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/140773 is the state's own key, not one this site invented.