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 140779District 04Field 069301002 tax incentive programmesCondensateGasSave Export

Value, all time

$959 k

Jan 1993 – Oct 2005

Value, last 12 filed months

$166 k

at the published price for each month

Months reported

154

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	1992-08-05	125087
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	4,738 bbl	$80,151
Gas	Production	1,083,195 Mcf	$878,709
Total			$958,860

815,374 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 27.7877, -99.0665. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.78775, -99.06654 · 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

8,415 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 8,415 ft.

Completions filed

Oct 2005

1 of 1 wells

1 well


42-47935376	6	8,415 ft	Oct 2005	—	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 (154)

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

154 months


Oct 2005	0	3,506	58.34	13.80	$48,368
Sep 2005	0	2,659	61.45	12.08	$32,118
Aug 2005	0	3,327	61.51	9.80	$32,594
Jul 2005	0	1,772	55.69	7.84	$13,899
Jun 2005	0	1,070	52.33	7.38	$7,898
May 2005	0	583	45.22	6.65	$3,878
Apr 2005	0	1,047	49.20	7.36	$7,706
Mar 2005	0	717	50.37	7.15	$5,130
Feb 2005	0	644	45.22	6.31	$4,065
Jan 2005	0	453	43.16	6.32	$2,864
Dec 2004	0	520	39.86	6.75	$3,511
Nov 2004	0	669	45.28	6.33	$4,235
Oct 2004	0	1,028	49.70	6.52	$6,698
Sep 2004	0	736	43.24	5.28	$3,889
Aug 2004	0	459	42.37	5.55	$2,548
Jul 2004	28	2,039	38.28	6.08	$13,477
Jun 2004	0	981	36.10	6.43	$6,311
May 2004	0	808	37.48	6.49	$5,248
Apr 2004	0	846	34.47	5.86	$4,956
Mar 2004	0	1,173	34.36	5.53	$6,487
Feb 2004	0	610	32.45	5.51	$3,361
Jan 2004	0	766	32.03	6.30	$4,826
Dec 2003	0	600	30.26	6.30	$3,781
Nov 2003	22	938	28.80	4.60	$4,944
Oct 2003	0	722	28.17	4.76	$3,436
Sep 2003	0	616	26.31	4.75	$2,926
Aug 2003	0	723	29.76	5.13	$3,709
Jul 2003	0	809	29.41	5.17	$4,183
Jun 2003	0	543	28.56	5.98	$3,249
May 2003	31	1,678	26.59	5.97	$10,846
Apr 2003	0	557	26.67	5.41	$3,012
Mar 2003	0	818	31.14	6.10	$4,987
Feb 2003	23	968	33.48	7.93	$8,442
Jan 2003	20	960	30.31	5.58	$5,965
Dec 2002	0	1,132	26.91	4.85	$5,494
Nov 2002	0	1,286	24.66	4.14	$5,320
Oct 2002	0	619	26.46	4.23	$2,618
Sep 2002	0	511	27.44	3.64	$1,858
Aug 2002	0	538	25.96	3.16	$1,702
Jul 2002	0	1,435	24.58	3.06	$4,394
Jun 2002	0	670	23.73	3.34	$2,237
May 2002	0	558	24.66	3.58	$2,000
Apr 2002	0	651	23.65	3.51	$2,287
Mar 2002	0	758	22.00	3.10	$2,352
Feb 2002	0	935	18.22	2.38	$2,221
Jan 2002	0	910	17.17	2.38	$2,162
Dec 2001	0	555	16.93	2.36	$1,312
Nov 2001	18	1,203	18.07	2.41	$3,219
Oct 2001	0	958	19.78	2.53	$2,423
Sep 2001	0	940	24.26	2.25	$2,116
Aug 2001	0	682	24.87	3.05	$2,082
Jul 2001	26	805	23.93	3.20	$3,196
Jun 2001	0	778	24.56	3.82	$2,975
May 2001	0	742	25.52	4.31	$3,196
Apr 2001	0	722	24.68	5.34	$3,852
Mar 2001	0	807	24.54	5.38	$4,339
Feb 2001	0	946	27.75	5.77	$5,456
Jan 2001	0	983	27.47	8.40	$8,256
Dec 2000	0	1,185	26.88	9.12	$10,810
Nov 2000	0	915	32.21	5.66	$5,177
Oct 2000	0	941	31.23	5.15	$4,842
Sep 2000	0	941	31.87	5.19	$4,881
Aug 2000	0	1,015	29.64	4.54	$4,609
Jul 2000	0	1,380	28.53	4.09	$5,644
Jun 2000	0	1,338	29.30	4.40	$5,884
May 2000	0	1,705	27.26	3.68	$6,274
Apr 2000	0	1,936	24.51	3.12	$6,033
Mar 2000	0	1,864	28.42	2.86	$5,331
Feb 2000	0	3,704	27.62	2.73	$10,099
Jan 2000	0	3,625	25.27	2.48	$8,992
Dec 1999	21	3,671	24.28	2.42	$9,407
Nov 1999	0	3,557	23.19	2.43	$8,658
Oct 1999	0	3,584	20.98	2.80	$10,049
Sep 1999	0	3,951	21.75	2.62	$10,347
Aug 1999	0	2,287	19.26	2.88	$6,577
Jul 1999	0	3,198	17.89	2.37	$7,587
Jun 1999	0	4,106	15.94	2.36	$9,699
May 1999	0	5,314	15.79	2.32	$12,334
Apr 1999	24	5,386	15.10	2.21	$12,255
Mar 1999	0	5,745	12.47	1.84	$10,561
Feb 1999	18	4,615	9.98	1.82	$8,569
Jan 1999	0	5,709	10.38	1.90	$10,847
Dec 1998	12	5,694	9.20	1.77	$10,208
Nov 1998	0	4,395	10.89	2.19	$9,606
Oct 1998	0	4,115	12.42	1.97	$8,103
Sep 1998	3	3,671	12.59	2.08	$7,683
Aug 1998	0	6,061	11.30	1.91	$11,560
Jul 1998	2	5,592	11.74	2.24	$12,534
Jun 1998	0	5,913	11.24	2.24	$13,229
May 1998	2	6,936	12.62	2.21	$15,328
Apr 1998	3	6,331	13.04	2.51	$15,900
Mar 1998	0	6,930	12.80	2.31	$16,004
Feb 1998	9	7,008	13.95	2.30	$16,238
Jan 1998	0	7,943	14.70	2.15	$17,116
Dec 1997	6	6,907	16.32	2.41	$16,751
Nov 1997	5	2,651	18.19	3.09	$8,278
Oct 1997	0	4,874	19.25	3.15	$15,352
Sep 1997	0	4,934	17.74	2.95	$14,579
Aug 1997	8	7,667	17.86	2.55	$19,730
Jul 1997	0	6,308	17.58	2.25	$14,174
Jun 1997	0	3,929	17.24	2.26	$8,869
May 1997	10	4,719	18.97	2.31	$11,084
Apr 1997	24	6,593	17.88	2.08	$14,161
Mar 1997	20	6,225	18.95	1.94	$12,450
Feb 1997	0	6,948	20.49	2.21	$15,327
Jan 1997	26	7,336	23.48	3.54	$26,578
Dec 1996	11	7,720	23.32	—	$257
Nov 1996	10	4,262	21.97	—	$220
Oct 1996	7	4,542	23.31	—	$163
Sep 1996	8	4,068	22.22	—	$178
Aug 1996	8	5,780	20.26	—	$162
Jul 1996	10	4,421	19.55	—	$196
Jun 1996	14	7,035	18.73	—	$262
May 1996	19	4,538	19.43	—	$369
Apr 1996	23	4,819	21.51	—	$495
Mar 1996	67	4,589	19.38	—	$1,298
Feb 1996	14	4,179	16.98	—	$238
Jan 1996	28	6,772	17.07	—	$478
Dec 1995	26	7,517	17.19	—	$447
Nov 1995	27	5,377	16.00	—	$432
Oct 1995	34	5,985	15.43	—	$525
Sep 1995	0	7,363	16.18	—	$0
Aug 1995	36	10,080	15.92	—	$573
Jul 1995	39	8,152	15.24	—	$594
Jun 1995	42	9,016	16.41	—	$689
May 1995	52	9,448	17.56	—	$913
Apr 1995	67	7,145	17.73	—	$1,188
Mar 1995	97	7,943	16.44	—	$1,595
Feb 1995	87	6,516	16.58	—	$1,442
Jan 1995	75	13,713	15.92	—	$1,194
Dec 1994	76	6,983	15.03	—	$1,142
Nov 1994	97	11,018	15.90	—	$1,542
Oct 1994	99	13,152	15.58	—	$1,542
Sep 1994	109	11,351	15.29	—	$1,667
Aug 1994	39	17,600	16.13	—	$629
Jul 1994	85	15,439	17.56	—	$1,493
Jun 1994	50	13,577	17.09	—	$855
May 1994	44	18,206	15.88	—	$699
Apr 1994	100	21,870	14.14	—	$1,414
Mar 1994	128	23,618	12.46	—	$1,595
Feb 1994	140	18,948	12.50	—	$1,750
Jan 1994	130	22,366	12.66	—	$1,646
Dec 1993	53	19,824	12.33	—	$653
Nov 1993	55	23,390	14.49	—	$797
Oct 1993	82	31,834	15.85	—	$1,300
Sep 1993	85	39,169	15.03	—	$1,278
Aug 1993	110	42,833	15.66	—	$1,723
Jul 1993	244	42,151	15.46	—	$3,772
Jun 1993	206	34,511	16.79	—	$3,459
May 1993	258	36,455	17.68	—	$4,561
Apr 1993	285	40,257	18.05	—	$5,144
Mar 1993	342	45,477	18.14	—	$6,204
Feb 1993	333	46,911	17.90	—	$5,961
Jan 1993	426	57,454	16.93	—	$7,212

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.

Oct 2005 — as filed, then multipliedworked

Condensate             0 bbl  × $ 58.34 =         $0
Gas                3,506 Mcf  × $ 13.80 =    $48,368

────────────────────────────────────────────────────
Month total                                  $48,368

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/140779 is the state's own key, not one this site invented.