CARR

Operated by CONOCOPHILLIPS COMPANY (P-5 172232) 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 143439District 04Field 932154002 tax incentive programmesCondensateGasSaveExport
Value, all time
$437 k
Jan 1993 – Nov 2012
Value, last 12 filed months
$0
at the published price for each month
Months reported
239
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 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.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas111993-03-27127345
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
CondensateDisposition20,632 bbl$343,974
GasProduction1,447,110 Mcf$93,122
Total$437,096

1,410,171 Mcf of this lease's gas, across 45 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 27.7039, -99.0922. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.70388, -99.09224 · 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
9,700 ft
1 wells filed one
Completion to plug
20.0 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 9,700 ft.

Completions filed
Nov 1992
1 of 1 wells
Plug dates filed
Nov 2012
1 of 1 wells

Last completion to plug: a median of 20.0 years across the 1 well that filed both dates, with the middle half between 20.0 years and 20.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-47935587629,700 ftNov 1992Nov 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 (239)

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

239 months

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 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 200108816.932.36$208
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 200107524.262.25$169
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 200106024.563.82$229
May 200102725.524.31$116
Apr 200103024.685.34$160
Mar 20010024.545.38$0
Feb 200109227.755.77$531
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 200002632.215.66$147
Oct 2000015531.235.15$798
Sep 2000012031.875.19$622
Aug 2000020829.644.54$944
Jul 2000038128.534.09$1,558
Jun 2000070529.304.40$3,100
May 2000093127.263.68$3,426
Apr 2000068624.513.12$2,138
Mar 2000058928.422.86$1,684
Feb 2000018427.622.73$502
Jan 2000062025.272.48$1,538
Dec 1999025524.282.42$618
Nov 1999061723.192.43$1,502
Oct 1999036820.982.80$1,032
Sep 1999257021.752.62$1,536
Aug 1999379319.262.88$2,338
Jul 1999110717.892.37$272
Jun 1999114215.942.36$351
May 1999038315.792.32$889
Apr 199901,28715.102.21$2,842
Mar 199901,57212.471.84$2,890
Feb 199901,2939.981.82$2,350
Jan 1999681,01010.381.90$2,625
Dec 199804759.201.77$842
Nov 1998265910.892.19$1,462
Oct 199801,44012.421.97$2,836
Sep 199801,11312.592.08$2,318
Aug 199801,10211.301.91$2,102
Jul 1998486011.742.24$1,971
Jun 199801,05611.242.24$2,363
May 1998095512.622.21$2,107
Apr 199801,38113.042.51$3,460
Mar 199801,19712.802.31$2,764
Feb 199801,24213.952.30$2,856
Jan 199801,10314.702.15$2,377
Dec 1997091416.322.41$2,204
Nov 1997099118.193.09$3,060
Oct 199701,01919.253.15$3,210
Sep 19979077417.742.95$3,884
Aug 1997071317.862.55$1,822
Jul 1997094517.582.25$2,123
Jun 199701,04917.242.26$2,368
May 1997067418.972.31$1,556
Apr 1997091117.882.08$1,897
Mar 1997272218.951.94$1,438
Feb 1997137720.492.21$852
Jan 199741,89323.483.54$6,795
Dec 1996298323.32$47
Nov 199611,78521.97$22
Oct 199621,30023.31$47
Sep 19960022.22$0
Aug 19960020.26$0
Jul 19960019.55$0
Jun 199613810,37918.73$2,585
May 1996610,94019.43$117
Apr 199613012,38321.51$2,796
Mar 19961168,56519.38$2,248
Feb 19961989,88316.98$3,362
Jan 19961111,40417.07$188
Dec 199512812,89717.19$2,200
Nov 199524314,08016.00$3,888
Oct 199514214,45915.43$2,191
Sep 199597,48516.18$146
Aug 199518213,75915.92$2,897
Jul 199504,33115.24$0
Jun 1995944,50616.41$1,543
May 199504,82217.56$0
Apr 19951074,58017.73$1,897
Mar 199526,93516.44$33
Feb 199512812,90016.58$2,122
Jan 199513416,61915.92$2,133
Dec 199425218,66615.03$3,788
Nov 199414718,20415.90$2,337
Oct 199417620,98615.58$2,742
Sep 199418721,42915.29$2,859
Aug 199417924,15616.13$2,887
Jul 199422326,40317.56$3,916
Jun 199434527,31217.09$5,896
May 199417825,93815.88$2,827
Apr 199434033,47814.14$4,808
Mar 199436736,26712.46$4,573
Feb 199436440,83312.50$4,550
Jan 199443830,09512.66$5,545
Dec 199318431,01912.33$2,269
Nov 199339335,26914.49$5,695
Oct 199354141,43715.85$8,575
Sep 199353944,57715.03$8,101
Aug 199370655,25015.66$11,056
Jul 199387863,84715.46$13,574
Jun 19931,08072,25716.79$18,133
May 19931,25384,89817.68$22,153
Apr 19931,59992,82318.05$28,862
Mar 19932,142113,02318.14$38,856
Feb 19932,469116,02017.90$44,195
Jan 19933,701150,98916.93$62,658

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                   88 Mcf  × $  2.36 =       $208

────────────────────────────────────────────────────
Month total                                     $208

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/143439 is the state's own key, not one this site invented.