CAGE RANCH

Name: CAGE RANCH lease production and value, Aug 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by ROYAL PRODUCTION COMPANY, INC. (P-5 732075) in the CAGE RANCH (7200) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 146442District 04Field 14611468CondensateGasSave Export

Value, all time

$679 k

Aug 1993 – Jan 2006

Value, last 12 filed months

$5 k

at the published price for each month

Months reported

150

no gaps in the span

Streams

condensate, gas

The CAGE RANCH (7200) 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 6 leases and 6 wells, and the rule below applies to all of them.

Discovered

1960-02-14

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: “ALLOCATION FORMULA EFF. 7-1-80 PER AMENDMENT TO SWR 28 & 29”

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	2,387 bbl	$51,060
Gas	Production	412,579 Mcf	$628,163
Total			$679,224

229,918 Mcf of this lease's gas, across 34 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 27.1061, -98.2023. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.10606, -98.20231 · 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

10,124 ft

1 wells filed one

Completion to plug

12.1 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 10,124 ft.

Completions filed

Aug 1993

1 of 1 wells

Plug dates filed

Sep 2005

1 of 1 wells

Last completion to plug: a median of 12.1 years across the 1 well that filed both dates, with the middle half between 12.1 years and 12.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-04731617	1	10,124 ft	Aug 1993	Sep 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 (150)

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

150 months


Jan 2006	0	0	60.59	8.93	$0
Dec 2005	0	0	54.94	13.42	$0
Nov 2005	96	0	54.69	10.59	$5,250
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	143	0	45.28	6.33	$6,475
Oct 2004	0	0	49.70	6.52	$0
Sep 2004	0	0	43.24	5.28	$0
Aug 2004	0	444	42.37	5.55	$2,464
Jul 2004	0	1,292	38.28	6.08	$7,861
Jun 2004	0	990	36.10	6.43	$6,369
May 2004	0	1,125	37.48	6.49	$7,306
Apr 2004	0	973	34.47	5.86	$5,700
Mar 2004	0	1,268	34.36	5.53	$7,012
Feb 2004	0	940	32.45	5.51	$5,179
Jan 2004	0	1,210	32.03	6.30	$7,623
Dec 2003	0	1,258	30.26	6.30	$7,927
Nov 2003	0	1,324	28.80	4.60	$6,084
Oct 2003	0	1,050	28.17	4.76	$4,998
Sep 2003	0	1,177	26.31	4.75	$5,590
Aug 2003	0	1,729	29.76	5.13	$8,869
Jul 2003	0	1,831	29.41	5.17	$9,468
Jun 2003	0	1,418	28.56	5.98	$8,484
May 2003	0	1,243	26.59	5.97	$7,424
Apr 2003	0	1,615	26.67	5.41	$8,733
Mar 2003	0	1,710	31.14	6.10	$10,424
Feb 2003	0	1,522	33.48	7.93	$12,063
Jan 2003	0	1,842	30.31	5.58	$10,282
Dec 2002	0	1,615	26.91	4.85	$7,839
Nov 2002	0	1,574	24.66	4.14	$6,512
Oct 2002	0	1,709	26.46	4.23	$7,228
Sep 2002	0	1,696	27.44	3.64	$6,165
Aug 2002	184	1,944	25.96	3.16	$10,928
Jul 2002	0	1,995	24.58	3.06	$6,108
Jun 2002	0	1,719	23.73	3.34	$5,738
May 2002	0	2,225	24.66	3.58	$7,974
Apr 2002	0	1,871	23.65	3.51	$6,572
Mar 2002	0	1,992	22.00	3.10	$6,181
Feb 2002	0	1,744	18.22	2.38	$4,143
Jan 2002	0	2,043	17.17	2.38	$4,854
Dec 2001	0	1,663	16.93	2.36	$3,932
Nov 2001	0	1,482	18.07	2.41	$3,565
Oct 2001	0	1,877	19.78	2.53	$4,747
Sep 2001	0	1,796	24.26	2.25	$4,043
Aug 2001	0	1,604	24.87	3.05	$4,897
Jul 2001	0	1,786	23.93	3.20	$5,710
Jun 2001	0	1,757	24.56	3.82	$6,719
May 2001	0	1,631	25.52	4.31	$7,025
Apr 2001	0	1,500	24.68	5.34	$8,003
Mar 2001	0	1,575	24.54	5.38	$8,468
Feb 2001	0	1,802	27.75	5.77	$10,392
Jan 2001	0	1,819	27.47	8.40	$15,277
Dec 2000	0	1,471	26.88	9.12	$13,419
Nov 2000	0	1,902	32.21	5.66	$10,762
Oct 2000	0	2,549	31.23	5.15	$13,116
Sep 2000	0	2,135	31.87	5.19	$11,073
Aug 2000	0	2,390	29.64	4.54	$10,852
Jul 2000	0	2,626	28.53	4.09	$10,740
Jun 2000	0	2,021	29.30	4.40	$8,887
May 2000	0	2,670	27.26	3.68	$9,825
Apr 2000	0	2,023	24.51	3.12	$6,304
Mar 2000	169	2,224	28.42	2.86	$11,163
Feb 2000	0	2,030	27.62	2.73	$5,535
Jan 2000	0	2,063	25.27	2.48	$5,117
Dec 1999	0	2,245	24.28	2.42	$5,441
Nov 1999	0	2,275	23.19	2.43	$5,537
Oct 1999	0	2,384	20.98	2.80	$6,684
Sep 1999	0	2,339	21.75	2.62	$6,125
Aug 1999	0	2,829	19.26	2.88	$8,135
Jul 1999	0	2,370	17.89	2.37	$5,623
Jun 1999	0	2,501	15.94	2.36	$5,908
May 1999	0	2,513	15.79	2.32	$5,833
Apr 1999	0	2,716	15.10	2.21	$5,997
Mar 1999	0	2,446	12.47	1.84	$4,497
Feb 1999	0	1,801	9.98	1.82	$3,274
Jan 1999	0	1,765	10.38	1.90	$3,353
Dec 1998	0	2,383	9.20	1.77	$4,226
Nov 1998	0	2,500	10.89	2.19	$5,464
Oct 1998	0	2,390	12.42	1.97	$4,706
Sep 1998	0	2,327	12.59	2.08	$4,846
Aug 1998	0	2,439	11.30	1.91	$4,652
Jul 1998	0	2,489	11.74	2.24	$5,569
Jun 1998	0	2,474	11.24	2.24	$5,535
May 1998	0	2,448	12.62	2.21	$5,401
Apr 1998	179	2,420	13.04	2.51	$8,397
Mar 1998	0	2,593	12.80	2.31	$5,988
Feb 1998	0	2,170	13.95	2.30	$4,989
Jan 1998	0	2,814	14.70	2.15	$6,064
Dec 1997	0	2,588	16.32	2.41	$6,240
Nov 1997	0	1,834	18.19	3.09	$5,664
Oct 1997	0	2,584	19.25	3.15	$8,139
Sep 1997	0	2,501	17.74	2.95	$7,390
Aug 1997	0	2,234	17.86	2.55	$5,707
Jul 1997	0	2,193	17.58	2.25	$4,928
Jun 1997	1	2,321	17.24	2.26	$5,256
May 1997	196	2,499	18.97	2.31	$9,487
Apr 1997	0	2,735	17.88	2.08	$5,696
Mar 1997	0	3,119	18.95	1.94	$6,048
Feb 1997	0	2,759	20.49	2.21	$6,086
Jan 1997	0	3,179	23.48	3.54	$11,253
Dec 1996	0	3,503	23.32	—	$0
Nov 1996	0	3,728	21.97	—	$0
Oct 1996	0	2,624	23.31	—	$0
Sep 1996	0	2,997	22.22	—	$0
Aug 1996	0	3,216	20.26	—	$0
Jul 1996	0	3,205	19.55	—	$0
Jun 1996	0	3,470	18.73	—	$0
May 1996	0	3,738	19.43	—	$0
Apr 1996	0	4,225	21.51	—	$0
Mar 1996	187	4,684	19.38	—	$3,624
Feb 1996	0	5,302	16.98	—	$0
Jan 1996	0	5,657	17.07	—	$0
Dec 1995	0	5,708	17.19	—	$0
Nov 1995	358	5,796	16.00	—	$5,728
Oct 1995	0	7,263	15.43	—	$0
Sep 1995	0	7,609	16.18	—	$0
Aug 1995	0	8,415	15.92	—	$0
Jul 1995	0	9,571	15.24	—	$0
Jun 1995	0	9,188	16.41	—	$0
May 1995	191	6,868	17.56	—	$3,354
Apr 1995	0	8,109	17.73	—	$0
Mar 1995	0	9,177	16.44	—	$0
Feb 1995	0	7,840	16.58	—	$0
Jan 1995	15	5,226	15.92	—	$239
Dec 1994	0	0	15.03	—	$0
Nov 1994	0	0	15.90	—	$0
Oct 1994	0	0	15.58	—	$0
Sep 1994	0	0	15.29	—	$0
Aug 1994	548	0	16.13	—	$8,839
Jul 1994	0	0	17.56	—	$0
Jun 1994	0	0	17.09	—	$0
May 1994	0	8,063	15.88	—	$0
Apr 1994	0	8,562	14.14	—	$0
Mar 1994	0	9,062	12.46	—	$0
Feb 1994	0	8,936	12.50	—	$0
Jan 1994	0	10,045	12.66	—	$0
Dec 1993	0	10,576	12.33	—	$0
Nov 1993	0	10,468	14.49	—	$0
Oct 1993	120	12,620	15.85	—	$1,902
Sep 1993	0	13,647	15.03	—	$0
Aug 1993	0	820	15.66	—	$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.

Nov 2005 — as filed, then multipliedworked

Condensate            96 bbl  × $ 54.69 =     $5,250
Gas                    0 Mcf  × $ 10.59 =         $0

────────────────────────────────────────────────────
Month total                                   $5,250

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/146442 is the state's own key, not one this site invented.