CARR "B"

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

Operated by CONOCO INC. (P-5 172230) 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 141832District 04Field 932154002 tax incentive programmesCondensateGasSave Export

Value, all time

$239 k

Jan 1993 – Feb 2002

Value, last 12 filed months

$14 k

at the published price for each month

Months reported

110

no gaps in the span

Streams

condensate, gas

The VAQUILLAS RANCH (LOBO CONS.) 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 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.

Programme	Filings	With an approval date	Dated	Docket
High Cost Gas	1	1	1992-08-28	125674
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	3,792 bbl	$63,524
Gas	Production	510,433 Mcf	$175,253
Total			$238,777

447,342 Mcf of this lease's gas, across 42 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 27.6927, -99.1039. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.69268, -99.10387 · 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

100.0%

1 of 1 wells

Median depth

9,300 ft

1 wells filed one

Completion to plug

9.7 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 9,300 ft.

Completions filed

Jun 1992

1 of 1 wells

Plug dates filed

Feb 2002

1 of 1 wells

Last completion to plug: a median of 9.7 years across the 1 well that filed both dates, with the middle half between 9.7 years and 9.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-47935429	3	9,300 ft	Jun 1992	Feb 2002	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 (110)

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

110 months


Feb 2002	0	0	18.22	2.38	$0
Jan 2002	0	0	17.17	2.38	$0
Dec 2001	0	300	16.93	2.36	$709
Nov 2001	0	56	18.07	2.41	$135
Oct 2001	0	106	19.78	2.53	$268
Sep 2001	0	130	24.26	2.25	$293
Aug 2001	0	455	24.87	3.05	$1,389
Jul 2001	0	1,896	23.93	3.20	$6,062
Jun 2001	0	139	24.56	3.82	$532
May 2001	0	222	25.52	4.31	$956
Apr 2001	0	555	24.68	5.34	$2,961
Mar 2001	0	122	24.54	5.38	$656
Feb 2001	0	312	27.75	5.77	$1,799
Jan 2001	0	621	27.47	8.40	$5,216
Dec 2000	0	310	26.88	9.12	$2,828
Nov 2000	0	1,810	32.21	5.66	$10,241
Oct 2000	0	135	31.23	5.15	$695
Sep 2000	0	192	31.87	5.19	$996
Aug 2000	4	294	29.64	4.54	$1,454
Jul 2000	3	378	28.53	4.09	$1,632
Jun 2000	0	1,031	29.30	4.40	$4,534
May 2000	0	1,281	27.26	3.68	$4,714
Apr 2000	2	879	24.51	3.12	$2,788
Mar 2000	0	312	28.42	2.86	$892
Feb 2000	0	556	27.62	2.73	$1,516
Jan 2000	0	399	25.27	2.48	$990
Dec 1999	0	1,209	24.28	2.42	$2,930
Nov 1999	0	1,403	23.19	2.43	$3,415
Oct 1999	0	962	20.98	2.80	$2,697
Sep 1999	0	636	21.75	2.62	$1,666
Aug 1999	42	1,125	19.26	2.88	$4,044
Jul 1999	0	1,129	17.89	2.37	$2,678
Jun 1999	0	757	15.94	2.36	$1,788
May 1999	2	1,094	15.79	2.32	$2,571
Apr 1999	0	1,012	15.10	2.21	$2,235
Mar 1999	0	1,036	12.47	1.84	$1,905
Feb 1999	0	908	9.98	1.82	$1,651
Jan 1999	0	593	10.38	1.90	$1,127
Dec 1998	1	726	9.20	1.77	$1,297
Nov 1998	4	1,371	10.89	2.19	$3,040
Oct 1998	2	1,898	12.42	1.97	$3,762
Sep 1998	0	1,163	12.59	2.08	$2,422
Aug 1998	0	1,692	11.30	1.91	$3,227
Jul 1998	0	1,444	11.74	2.24	$3,231
Jun 1998	0	1,782	11.24	2.24	$3,987
May 1998	1	1,535	12.62	2.21	$3,399
Apr 1998	0	1,491	13.04	2.51	$3,735
Mar 1998	0	1,403	12.80	2.31	$3,240
Feb 1998	0	1,562	13.95	2.30	$3,591
Jan 1998	0	1,287	14.70	2.15	$2,773
Dec 1997	0	1,711	16.32	2.41	$4,125
Nov 1997	0	1,807	18.19	3.09	$5,580
Oct 1997	0	2,065	19.25	3.15	$6,504
Sep 1997	0	2,180	17.74	2.95	$6,442
Aug 1997	4	2,298	17.86	2.55	$5,942
Jul 1997	11	2,384	17.58	2.25	$5,550
Jun 1997	0	1,247	17.24	2.26	$2,815
May 1997	2	907	18.97	2.31	$2,132
Apr 1997	2	1,410	17.88	2.08	$2,972
Mar 1997	61	1,606	18.95	1.94	$4,270
Feb 1997	7	1,799	20.49	2.21	$4,112
Jan 1997	14	1,968	23.48	3.54	$7,295
Dec 1996	8	2,333	23.32	—	$187
Nov 1996	33	2,956	21.97	—	$725
Oct 1996	7	2,639	23.31	—	$163
Sep 1996	4	0	22.22	—	$89
Aug 1996	0	0	20.26	—	$0
Jul 1996	2	0	19.55	—	$39
Jun 1996	0	0	18.73	—	$0
May 1996	1	0	19.43	—	$19
Apr 1996	2	0	21.51	—	$43
Mar 1996	71	53	19.38	—	$1,376
Feb 1996	6	2,605	16.98	—	$102
Jan 1996	12	3,009	17.07	—	$205
Dec 1995	6	3,096	17.19	—	$103
Nov 1995	5	3,287	16.00	—	$80
Oct 1995	77	3,317	15.43	—	$1,188
Sep 1995	8	2,415	16.18	—	$129
Aug 1995	10	3,492	15.92	—	$159
Jul 1995	12	3,593	15.24	—	$183
Jun 1995	66	3,578	16.41	—	$1,083
May 1995	9	3,882	17.56	—	$158
Apr 1995	159	4,468	17.73	—	$2,819
Mar 1995	3	3,653	16.44	—	$49
Feb 1995	7	4,188	16.58	—	$116
Jan 1995	6	5,304	15.92	—	$96
Dec 1994	5	6,318	15.03	—	$75
Nov 1994	177	6,784	15.90	—	$2,814
Oct 1994	4	6,331	15.58	—	$62
Sep 1994	4	6,617	15.29	—	$61
Aug 1994	3	6,351	16.13	—	$48
Jul 1994	175	7,250	17.56	—	$3,073
Jun 1994	3	7,191	17.09	—	$51
May 1994	6	10,049	15.88	—	$95
Apr 1994	169	9,703	14.14	—	$2,390
Mar 1994	168	10,901	12.46	—	$2,093
Feb 1994	8	11,453	12.50	—	$100
Jan 1994	6	12,916	12.66	—	$76
Dec 1993	178	14,683	12.33	—	$2,195
Nov 1993	0	15,749	14.49	—	$0
Oct 1993	173	18,821	15.85	—	$2,742
Sep 1993	0	17,030	15.03	—	$0
Aug 1993	0	20,972	15.66	—	$0
Jul 1993	177	13,687	15.46	—	$2,736
Jun 1993	180	17,463	16.79	—	$3,022
May 1993	167	21,914	17.68	—	$2,953
Apr 1993	181	18,261	18.05	—	$3,267
Mar 1993	357	34,386	18.14	—	$6,476
Feb 1993	437	41,139	17.90	—	$7,822
Jan 1993	538	53,505	16.93	—	$9,108

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 2001 — as filed, then multipliedworked

Condensate             0 bbl  × $ 16.93 =         $0
Gas                  300 Mcf  × $  2.36 =       $709

────────────────────────────────────────────────────
Month total                                     $709

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/141832 is the state's own key, not one this site invented.