JERICO, LTD. GAS UNIT

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

Operated by SHELL WESTERN E&P (P-5 774719) in the CADRE (VICKSBURG PATRIOT) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 142222District 04Field 145674502 tax incentive programmesCondensateGasSave Export

Value, all time

$35.8 M

Jan 1993 – May 2007

Value, last 12 filed months

at the published price for each month

Months reported

173

no gaps in the span

Streams

condensate, gas

The CADRE (VICKSBURG PATRIOT) 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 17 leases and 17 wells, and the rule below applies to all of them.

Discovered

1992-05-01

as the register files it

Field class

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 1993-07-01.

The Commission's schedule remark for this field reads: “ALLOCATION FORMULA SUSPENDED ADMINISTRATIVELY EFFECTIVE 9/1/93.”

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	2	2	1993-08-19 – 2001-04-20	2 dockets
NGPA	2	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	386,966 bbl	$7,032,400
Gas	Production	23,022,413 Mcf	$28,749,431
Total			$35,781,830

13,799,162 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 26.5655, -98.1648. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.56553, -98.16483 · 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

16,713 ft

1 wells filed one

Completion to plug

8.8 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 16,713 ft.

Completions filed

Aug 1998

1 of 1 wells

Plug dates filed

May 2007

1 of 1 wells

Last completion to plug: a median of 8.8 years across the 1 well that filed both dates, with the middle half between 8.8 years and 8.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-21532059	1	16,713 ft	Aug 1998	May 2007	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 (173)

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

173 months


May 2007	0	0	58.74	7.85	$0
Apr 2007	0	0	59.61	7.81	$0
Mar 2007	0	0	56.92	7.30	$0
Feb 2007	0	0	55.10	8.22	$0
Jan 2007	0	0	50.30	6.73	$0
Dec 2006	0	0	56.65	6.92	$0
Nov 2006	0	0	54.20	7.62	$0
Oct 2006	0	0	54.90	6.01	$0
Sep 2006	0	0	60.08	5.04	$0
Aug 2006	0	0	68.71	7.34	$0
Jul 2006	0	0	69.37	6.34	$0
Jun 2006	0	0	66.28	6.38	$0
May 2006	0	0	66.01	6.42	$0
Apr 2006	0	0	64.39	7.36	$0
Mar 2006	0	0	56.70	7.08	$0
Feb 2006	0	0	57.59	7.75	$0
Jan 2006	0	0	60.59	8.93	$0
Dec 2005	0	0	54.94	13.42	$0
Nov 2005	0	0	54.69	10.59	$0
Oct 2005	0	0	58.34	13.80	$0
Sep 2005	0	0	61.45	12.08	$0
Aug 2005	0	0	61.51	9.80	$0
Jul 2005	0	0	55.69	7.84	$0
Jun 2005	0	0	52.33	7.38	$0
May 2005	0	0	45.22	6.65	$0
Apr 2005	0	0	49.20	7.36	$0
Mar 2005	0	0	50.37	7.15	$0
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	0	0	38.28	6.08	$0
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	0	34.36	5.53	$0
Feb 2004	0	0	32.45	5.51	$0
Jan 2004	0	0	32.03	6.30	$0
Dec 2003	0	0	30.26	6.30	$0
Nov 2003	0	0	28.80	4.60	$0
Oct 2003	0	0	28.17	4.76	$0
Sep 2003	0	0	26.31	4.75	$0
Aug 2003	0	0	29.76	5.13	$0
Jul 2003	0	0	29.41	5.17	$0
Jun 2003	0	0	28.56	5.98	$0
May 2003	0	0	26.59	5.97	$0
Apr 2003	0	0	26.67	5.41	$0
Mar 2003	0	0	31.14	6.10	$0
Feb 2003	0	0	33.48	7.93	$0
Jan 2003	0	0	30.31	5.58	$0
Dec 2002	0	0	26.91	4.85	$0
Nov 2002	0	0	24.66	4.14	$0
Oct 2002	0	0	26.46	4.23	$0
Sep 2002	0	0	27.44	3.64	$0
Aug 2002	0	0	25.96	3.16	$0
Jul 2002	0	0	24.58	3.06	$0
Jun 2002	0	0	23.73	3.34	$0
May 2002	0	0	24.66	3.58	$0
Apr 2002	0	0	23.65	3.51	$0
Mar 2002	0	0	22.00	3.10	$0
Feb 2002	80	0	18.22	2.38	$1,458
Jan 2002	1,891	105,563	17.17	2.38	$283,252
Dec 2001	1,788	110,156	16.93	2.36	$290,724
Nov 2001	1,725	112,326	18.07	2.41	$301,373
Oct 2001	1,871	115,484	19.78	2.53	$329,054
Sep 2001	1,827	107,308	24.26	2.25	$285,908
Aug 2001	1,749	119,974	24.87	3.05	$409,797
Jul 2001	1,882	125,588	23.93	3.20	$446,551
Jun 2001	1,804	124,236	24.56	3.82	$519,405
May 2001	2,067	134,063	25.52	4.31	$630,202
Apr 2001	2,090	136,122	24.68	5.34	$777,836
Mar 2001	2,307	150,898	24.54	5.38	$867,908
Feb 2001	2,431	144,364	27.75	5.77	$900,019
Jan 2001	2,709	167,081	27.47	8.40	$1,477,689
Dec 2000	2,632	166,439	26.88	9.12	$1,589,088
Nov 2000	2,700	167,139	32.21	5.66	$1,032,639
Oct 2000	2,925	184,928	31.23	5.15	$1,042,895
Sep 2000	2,546	174,302	31.87	5.19	$985,158
Aug 2000	2,692	187,813	29.64	4.54	$932,603
Jul 2000	2,822	191,716	28.53	4.09	$864,582
Jun 2000	3,232	194,360	29.30	4.40	$949,347
May 2000	3,565	206,468	27.26	3.68	$856,933
Apr 2000	3,564	202,214	24.51	3.12	$717,452
Mar 2000	4,422	223,073	28.42	2.86	$763,606
Feb 2000	4,494	217,965	27.62	2.73	$718,406
Jan 2000	4,977	240,969	25.27	2.48	$723,492
Dec 1999	5,596	251,332	24.28	2.42	$745,029
Nov 1999	5,627	245,128	23.19	2.43	$727,129
Oct 1999	5,168	259,292	20.98	2.80	$835,404
Sep 1999	4,971	264,999	21.75	2.62	$802,112
Aug 1999	5,730	292,004	19.26	2.88	$950,047
Jul 1999	5,871	308,468	17.89	2.37	$836,832
Jun 1999	5,721	307,879	15.94	2.36	$818,434
May 1999	6,229	337,878	15.79	2.32	$882,578
Apr 1999	6,051	310,060	15.10	2.21	$775,998
Mar 1999	4,896	308,690	12.47	1.84	$628,527
Feb 1999	5,043	309,830	9.98	1.82	$613,535
Jan 1999	5,354	307,846	10.38	1.90	$640,467
Dec 1998	4,863	312,978	9.20	1.77	$599,750
Nov 1998	5,016	306,520	10.89	2.19	$724,591
Oct 1998	4,777	301,201	12.42	1.97	$652,458
Sep 1998	5,041	259,913	12.59	2.08	$604,766
Aug 1998	224	9,190	11.30	1.91	$20,060
Jul 1998	0	0	11.74	2.24	$0
Jun 1998	0	0	11.24	2.24	$0
May 1998	0	0	12.62	2.21	$0
Apr 1998	0	0	13.04	2.51	$0
Mar 1998	0	0	12.80	2.31	$0
Feb 1998	0	0	13.95	2.30	$0
Jan 1998	0	0	14.70	2.15	$0
Dec 1997	0	0	16.32	2.41	$0
Nov 1997	0	0	18.19	3.09	$0
Oct 1997	0	0	19.25	3.15	$0
Sep 1997	0	0	17.74	2.95	$0
Aug 1997	0	0	17.86	2.55	$0
Jul 1997	0	0	17.58	2.25	$0
Jun 1997	0	0	17.24	2.26	$0
May 1997	37	0	18.97	2.31	$702
Apr 1997	1,258	52,349	17.88	2.08	$131,524
Mar 1997	3,325	153,299	18.95	1.94	$360,277
Feb 1997	3,293	145,714	20.49	2.21	$388,904
Jan 1997	3,819	168,132	23.48	3.54	$684,807
Dec 1996	3,850	172,102	23.32	—	$89,782
Nov 1996	3,262	167,648	21.97	—	$71,666
Oct 1996	3,332	182,442	23.31	—	$77,669
Sep 1996	2,518	183,492	22.22	—	$55,950
Aug 1996	2,642	197,742	20.26	—	$53,527
Jul 1996	2,767	207,311	19.55	—	$54,095
Jun 1996	2,748	201,452	18.73	—	$51,470
May 1996	2,544	211,679	19.43	—	$49,430
Apr 1996	3,090	216,098	21.51	—	$66,466
Mar 1996	3,881	225,250	19.38	—	$75,214
Feb 1996	3,716	216,601	16.98	—	$63,098
Jan 1996	4,077	235,664	17.07	—	$69,594
Dec 1995	3,624	251,144	17.19	—	$62,297
Nov 1995	3,603	250,396	16.00	—	$57,648
Oct 1995	4,210	269,112	15.43	—	$64,960
Sep 1995	4,893	264,497	16.18	—	$79,169
Aug 1995	5,210	278,000	15.92	—	$82,943
Jul 1995	5,379	286,632	15.24	—	$81,976
Jun 1995	5,305	273,658	16.41	—	$87,055
May 1995	5,930	296,145	17.56	—	$104,131
Apr 1995	5,930	281,945	17.73	—	$105,139
Mar 1995	4,318	287,916	16.44	—	$70,988
Feb 1995	3,990	255,659	16.58	—	$66,154
Jan 1995	4,434	293,070	15.92	—	$70,589
Dec 1994	4,461	295,717	15.03	—	$67,049
Nov 1994	4,466	284,949	15.90	—	$71,009
Oct 1994	4,502	295,226	15.58	—	$70,141
Sep 1994	5,159	300,043	15.29	—	$78,881
Aug 1994	5,353	307,798	16.13	—	$86,344
Jul 1994	5,529	312,442	17.56	—	$97,089
Jun 1994	5,523	321,600	17.09	—	$94,388
May 1994	5,937	339,268	15.88	—	$94,280
Apr 1994	6,115	336,410	14.14	—	$86,466
Mar 1994	6,614	356,967	12.46	—	$82,410
Feb 1994	4,180	316,586	12.50	—	$52,250
Jan 1994	6,936	336,828	12.66	—	$87,810
Dec 1993	7,046	349,087	12.33	—	$86,877
Nov 1993	7,060	346,616	14.49	—	$102,299
Oct 1993	6,958	365,566	15.85	—	$110,284
Sep 1993	6,665	346,685	15.03	—	$100,175
Aug 1993	7,032	361,940	15.66	—	$110,121
Jul 1993	5,948	382,519	15.46	—	$91,956
Jun 1993	5,839	381,500	16.79	—	$98,037
May 1993	5,338	372,547	17.68	—	$94,376
Apr 1993	5,330	348,271	18.05	—	$96,207
Mar 1993	5,020	341,803	18.14	—	$91,063
Feb 1993	0	317,310	17.90	—	$0
Jan 1993	0	375,829	16.93	—	$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 2002 — as filed, then multipliedworked

Condensate            80 bbl  × $ 18.22 =     $1,458
Gas                    0 Mcf  × $  2.38 =         $0

────────────────────────────────────────────────────
Month total                                   $1,458

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/142222 is the state's own key, not one this site invented.