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 145751District 04Field 932154002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.0 M
Jun 1993 – May 2007
Value, last 12 filed months
$0
at the published price for each month
Months reported
168
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 Gas111993-07-30129315
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
CondensateDisposition17,045 bbl$269,601
GasProduction1,223,605 Mcf$737,824
Total$1,007,424

964,740 Mcf of this lease's gas, across 43 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 27.6858, -99.1222. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.68585, -99.12216 · 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
9,300 ft
1 wells filed one
Completion to plug
13.9 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 1993
1 of 1 wells
Plug dates filed
May 2007
1 of 1 wells

Last completion to plug: a median of 13.9 years across the 1 well that filed both dates, with the middle half between 13.9 years and 13.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-47935789899,300 ftJun 1993May 2007Yes

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 (168)

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

168 months

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 200421032.455.51$681
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 20035029.765.13$149
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 20024026.914.85$108
Nov 20025024.664.14$123
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 200202,29625.963.16$7,265
Jul 200201,80424.583.06$5,523
Jun 2002093123.733.34$3,108
May 200201,93424.663.58$6,931
Apr 2002932,18823.653.51$9,884
Mar 200203622.003.10$112
Feb 2002811218.222.38$412
Jan 2002071817.172.38$1,706
Dec 2001096116.932.36$2,272
Nov 2001046818.072.41$1,126
Oct 2001075419.782.53$1,907
Sep 200101,67924.262.25$3,780
Aug 200102,01724.873.05$6,158
Jul 200103,02123.933.20$9,658
Jun 2001922,63924.563.82$12,351
May 200102,86825.524.31$12,353
Apr 200103,04324.685.34$16,235
Mar 200102,37424.545.38$12,764
Feb 2001712,55027.755.77$16,676
Jan 200102,30727.478.40$19,376
Dec 200001,35326.889.12$12,343
Nov 200001,76032.215.66$9,958
Oct 2000772,98331.235.15$17,754
Sep 200002,97431.875.19$15,425
Aug 200002,98329.644.54$13,545
Jul 2000842,77828.534.09$13,758
Jun 200003,55329.304.40$15,623
May 200004,14227.263.68$15,242
Apr 2000713,17124.513.12$11,621
Mar 200003,24528.422.86$9,280
Feb 200003,15827.622.73$8,610
Jan 200023,19525.272.48$7,976
Dec 199903,71224.282.42$8,997
Nov 199904,96623.192.43$12,087
Oct 199903,82420.982.80$10,721
Sep 199901,57321.752.62$4,119
Aug 19991434,24519.262.88$14,961
Jul 199905,03517.892.37$11,945
Jun 199903,78015.942.36$8,929
May 199903,85315.792.32$8,943
Apr 199903,92515.102.21$8,667
Mar 1999832,82712.471.84$6,232
Feb 19991153,6039.981.82$7,697
Jan 199902,82510.381.90$5,367
Dec 199804,1279.201.77$7,318
Nov 199803,95410.892.19$8,642
Oct 19981533,91212.421.97$9,604
Sep 199804,55812.592.08$9,493
Aug 199806,28811.301.91$11,993
Jul 199806,30611.742.24$14,108
Jun 199803,72111.242.24$8,325
May 19981085,18312.622.21$12,798
Apr 199805,40513.042.51$13,541
Mar 1998876,42412.802.31$15,949
Feb 19981285,62813.952.30$14,725
Jan 199805,88014.702.15$12,670
Dec 19971125,65316.322.41$15,458
Nov 199705,91618.193.09$18,270
Oct 199706,16219.253.15$19,409
Sep 1997827,64817.742.95$24,054
Aug 1997956,63717.862.55$18,653
Jul 199708,38317.582.25$18,836
Jun 199707,04317.242.26$15,897
May 19971217,32618.972.31$19,207
Apr 199716,65017.882.08$13,868
Mar 1997887,00318.951.94$15,247
Feb 1997676,85320.492.21$16,490
Jan 19971788,04223.483.54$32,646
Dec 199637,82123.32$70
Nov 19961647,15221.97$3,603
Oct 199628,09723.31$47
Sep 199624,31322.22$44
Aug 19961528,56820.26$3,080
Jul 1996111,75919.55$20
Jun 199614412,04018.73$2,697
May 1996112,15719.43$19
Apr 199614012,21421.51$3,011
Mar 199616813,74019.38$3,256
Feb 1996611,57916.98$102
Jan 199615814,10417.07$2,697
Dec 1995215,46817.19$34
Nov 199517215,99216.00$2,752
Oct 199514316,56015.43$2,206
Sep 199515916,68016.18$2,573
Aug 199514118,91315.92$2,245
Jul 199517020,24915.24$2,591
Jun 199517214,92016.41$2,823
May 199532319,30117.56$5,672
Apr 199534120,20317.73$6,046
Mar 199518523,14116.44$3,041
Feb 199546422,89416.58$7,693
Jan 199518623,67015.92$2,961
Dec 199453428,07815.03$8,026
Nov 199435828,93615.90$5,692
Oct 199436333,50515.58$5,656
Sep 199436635,24015.29$5,596
Aug 199454322,20216.13$8,759
Jul 199436422,82517.56$6,392
Jun 199453924,52217.09$9,212
May 199454826,30515.88$8,702
Apr 199454628,43414.14$7,720
Mar 199473231,17412.46$9,121
Feb 199455527,85912.50$6,938
Jan 199474332,93512.66$9,406
Dec 199391136,67412.33$11,233
Nov 199390538,23714.49$13,113
Oct 199390442,09115.85$14,328
Sep 19931,06844,69215.03$16,052
Aug 19931,06847,03415.66$16,725
Jul 199350548,24115.46$7,807
Jun 1993014,22116.79$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 2004 — as filed, then multipliedworked
Condensate            21 bbl  × $ 32.45 =       $681
Gas                    0 Mcf  × $  5.51 =         $0

────────────────────────────────────────────────────
Month total                                     $681

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/145751 is the state's own key, not one this site invented.