DAY

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 146689District 04Field 932154002 tax incentive programmesCondensateGasSaveExport
Value, all time
$209 k
Apr 1993 – Dec 2008
Value, last 12 filed months
$0
at the published price for each month
Months reported
189
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 Gas111993-12-03129092
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
CondensateDisposition7,494 bbl$121,043
GasProduction662,349 Mcf$87,467
Total$208,511

635,171 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 27.6747, -99.1110. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.67470, -99.11103 · 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
9,900 ft
1 wells filed one
Completion to plug
15.7 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 9,900 ft.

Completions filed
Apr 1993
1 of 1 wells
Plug dates filed
Dec 2008
1 of 1 wells

Last completion to plug: a median of 15.7 years across the 1 well that filed both dates, with the middle half between 15.7 years and 15.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4793573489,900 ftApr 1993Dec 2008Yes

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 (189)

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

189 months

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 2003010026.675.41$541
Mar 2003037431.146.10$2,280
Feb 2003027533.487.93$2,180
Jan 2003022430.315.58$1,250
Dec 2002015926.914.85$772
Nov 2002011424.664.14$472
Oct 2002040626.464.23$1,717
Sep 200204127.443.64$149
Aug 2002037125.963.16$1,174
Jul 2002034824.583.06$1,065
Jun 2002045223.733.34$1,509
May 2002033324.663.58$1,193
Apr 200204523.653.51$158
Mar 2002023022.003.10$714
Feb 2002039318.222.38$934
Jan 2002035617.172.38$846
Dec 2001010116.932.36$239
Nov 2001029818.072.41$717
Oct 2001037519.782.53$948
Sep 2001032324.262.25$727
Aug 2001038124.873.05$1,163
Jul 2001034523.933.20$1,103
Jun 2001022824.563.82$872
May 2001036325.524.31$1,564
Apr 2001043724.685.34$2,332
Mar 2001037324.545.38$2,005
Feb 2001038627.755.77$2,226
Jan 2001046327.478.40$3,889
Dec 2000036526.889.12$3,330
Nov 2000040432.215.66$2,286
Oct 2000034331.235.15$1,765
Sep 2000022831.875.19$1,183
Aug 2000027729.644.54$1,258
Jul 2000032428.534.09$1,325
Jun 2000035129.304.40$1,543
May 2000040227.263.68$1,479
Apr 2000036824.513.12$1,147
Mar 2000041028.422.86$1,173
Feb 2000035527.622.73$968
Jan 2000045425.272.48$1,126
Dec 1999048324.282.42$1,171
Nov 1999043023.192.43$1,047
Oct 1999040320.982.80$1,130
Sep 1999042621.752.62$1,116
Aug 1999039019.262.88$1,121
Jul 1999037217.892.37$883
Jun 1999039315.942.36$928
May 1999043615.792.32$1,012
Apr 1999012015.102.21$265
Mar 1999034812.471.84$640
Feb 199902779.981.82$504
Jan 1999033410.381.90$635
Dec 199803619.201.77$640
Nov 1998038710.892.19$846
Oct 1998045212.421.97$890
Sep 1998040012.592.08$833
Aug 1998044211.301.91$843
Jul 1998040211.742.24$899
Jun 1998040111.242.24$897
May 1998052612.622.21$1,161
Apr 1998052413.042.51$1,313
Mar 1998053312.802.31$1,231
Feb 1998044513.952.30$1,023
Jan 1998057014.702.15$1,228
Dec 1997049916.322.41$1,203
Nov 1997053318.193.09$1,646
Oct 1997040619.253.15$1,279
Sep 1997023517.742.95$694
Aug 1997065817.862.55$1,681
Jul 1997074817.582.25$1,681
Jun 1997059217.242.26$1,336
May 1997057718.972.31$1,332
Apr 1997050017.882.08$1,041
Mar 19970018.951.94$0
Feb 19977020.492.21$143
Jan 19970023.483.54$0
Dec 1996087623.32$0
Nov 1996071321.97$0
Oct 1996077623.31$0
Sep 1996175422.22$22
Aug 1996079320.26$0
Jul 1996178819.55$20
Jun 1996079918.73$0
May 1996081619.43$0
Apr 1996080821.51$0
Mar 1996178919.38$19
Feb 1996074016.98$0
Jan 1996077317.07$0
Dec 1995078417.19$0
Nov 1995081216.00$0
Oct 1995469215.43$62
Sep 1995063016.18$0
Aug 1995067415.92$0
Jul 1995088315.24$0
Jun 1995388316.41$49
May 1995077217.56$0
Apr 19951017.73$18
Mar 19950016.44$0
Feb 199503216.58$0
Jan 19956620015.92$1,051
Dec 1994133015.03$15
Nov 1994026515.90$0
Oct 199401515.58$0
Sep 199416,60715.29$15
Aug 199417913,30416.13$2,887
Jul 1994213,36817.56$35
Jun 199417715,62217.09$3,025
May 199417626,09315.88$2,795
Apr 199437542,34814.14$5,303
Mar 199407,10912.46$0
Feb 199418511,86812.50$2,313
Jan 19941839,91412.66$2,317
Dec 199317822,30112.33$2,195
Nov 199336836,75814.49$5,332
Oct 199318231,35315.85$2,885
Sep 199354642,85815.03$8,206
Aug 199354254,35615.66$8,488
Jul 199389864,55915.46$13,883
Jun 199387973,36916.79$14,758
May 19931,63084,07117.68$28,818
Apr 199390862,91618.05$16,389

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.

Apr 2003 — as filed, then multipliedworked
Condensate             0 bbl  × $ 26.67 =         $0
Gas                  100 Mcf  × $  5.41 =       $541

────────────────────────────────────────────────────
Month total                                     $541

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/146689 is the state's own key, not one this site invented.