CANTU

Operated by FALCON PRODUCTION CO. (P-5 260263) in the BASHARA-HEREFORD (7300) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 147284District 04Field 059936002 tax incentive programmesCondensateGasSaveExport
Value, all time
$197 k
Oct 1993 – Mar 2021
Value, last 12 filed months
$0
at the published price for each month
Months reported
330
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 182 leases and 182 wells, and the rule below applies to all of them.

Discovered
1986-07-30
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 SUSPENDED EFFECTIVE 2/1/94.

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 Gas112001-09-12144933
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
CondensateDisposition1,679 bbl$24,676
GasProduction451,310 Mcf$172,689
Total$197,364

401,107 Mcf of this lease's gas, across 38 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 27.2690, -99.4283. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.26902, -99.42834 · 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
7,857 ft
1 wells filed one
Completion to plug
27.4 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 7,857 ft.

Completions filed
Oct 1993
1 of 1 wells
Plug dates filed
Mar 2021
1 of 1 wells

Last completion to plug: a median of 27.4 years across the 1 well that filed both dates, with the middle half between 27.4 years and 27.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-5053306947,857 ftOct 1993Mar 2021Yes

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 (330)

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

330 months

Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
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 20120200101.102.57$514
Jan 2012028098.092.73$766
Dec 2011020096.873.24$648
Nov 20110095.723.31$0
Oct 2011040084.983.65$1,459
Sep 2011048083.623.99$1,913
Aug 2011060083.404.15$2,490
Jul 201109394.144.52$420
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 201005472.554.74$256
Jun 201005070.364.91$246
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 2010020073.585.44$1,088
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 2009028074.593.75$1,050
Oct 2009020572.544.11$843
Sep 20090065.543.06$0
Aug 2009030067.423.22$966
Jul 20090061.133.46$0
Jun 2009012566.163.90$487
May 200905054.743.93$196
Apr 200902946.773.59$104
Mar 200907142.144.06$288
Feb 200903532.814.63$162
Jan 200903535.865.37$188
Dec 2008010037.105.98$598
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 20080350123.1711.57$4,051
Apr 20080500110.3110.45$5,227
Mar 2008076101.909.66$734
Feb 20080092.538.77$0
Jan 2008020090.388.21$1,641
Dec 2007017588.337.30$1,278
Nov 2007011091.677.29$802
Oct 2007010082.856.92$692
Sep 20070075.846.24$0
Aug 2007010069.066.39$639
Jul 2007030070.906.39$1,916
Jun 2007040062.007.55$3,019
May 2007058858.747.85$4,614
Apr 2007047659.617.81$3,715
Mar 2007012056.927.30$876
Feb 200705055.108.22$411
Jan 200709650.306.73$646
Dec 200603256.656.92$221
Nov 2006020054.207.62$1,524
Oct 2006020054.906.01$1,203
Sep 2006020060.085.04$1,007
Aug 2006015068.717.34$1,101
Jul 200609069.376.34$571
Jun 20060066.286.38$0
May 200608066.016.42$514
Apr 2006010064.397.36$736
Mar 2006010056.707.08$708
Feb 2006015057.597.75$1,163
Jan 2006011060.598.93$983
Dec 2005010054.9413.42$1,342
Nov 2005040054.6910.59$4,235
Oct 2005031058.3413.80$4,277
Sep 2005030061.4512.08$3,624
Aug 2005060061.519.80$5,878
Jul 200501,00055.697.84$7,844
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 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 200032025.272.48$809
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 1999022815.942.36$539
May 199901,00215.792.32$2,326
Apr 1999077515.102.21$1,711
Mar 1999085812.471.84$1,577
Feb 199966999.981.82$1,331
Jan 1999295610.381.90$1,837
Dec 199871,1129.201.77$2,036
Nov 1998098510.892.19$2,153
Oct 199881,01912.421.97$2,106
Sep 1998058612.592.08$1,220
Aug 19981898911.301.91$2,090
Jul 199801,00611.742.24$2,251
Jun 1998082111.242.24$1,837
May 1998092112.622.21$2,032
Apr 1998982813.042.51$2,192
Mar 199801,14512.802.31$2,644
Feb 199801,24513.952.30$2,862
Jan 199801,25914.702.15$2,713
Dec 19971481,61916.322.41$6,319
Nov 199701,48918.193.09$4,598
Oct 199701,57919.253.15$4,974
Sep 199701,60717.742.95$4,748
Aug 199701,93817.862.55$4,951
Jul 199701,66517.582.25$3,741
Jun 199701,88217.242.26$4,248
May 199711,86218.972.31$4,317
Apr 199701,94117.882.08$4,043
Mar 199742,19118.951.94$4,324
Feb 199702,67520.492.21$5,901
Jan 199721,77123.483.54$6,316
Dec 199602,23123.32$0
Nov 199601,85121.97$0
Oct 199601,29423.31$0
Sep 199641,76322.22$89
Aug 199602,28920.26$0
Jul 199602,34719.55$0
Jun 199602,87218.73$0
May 199623,08619.43$39
Apr 199603,28821.51$0
Mar 199602,79919.38$0
Feb 199673,10516.98$119
Jan 199613,47717.07$17
Dec 199503,65317.19$0
Nov 199543,65616.00$64
Oct 199543,82115.43$62
Sep 19951753,88016.18$2,832
Aug 199554,34015.92$80
Jul 199504,31615.24$0
Jun 199524,74916.41$33
May 199505,26717.56$0
Apr 199536,14917.73$53
Mar 199536,77516.44$49
Feb 199506,92516.58$0
Jan 199508,53415.92$0
Dec 19941818,59715.03$2,720
Nov 199408,21015.90$0
Oct 1994010,68015.58$0
Sep 1994111,76715.29$15
Aug 199417413,83616.13$2,807
Jul 1994015,95017.56$0
Jun 1994015,22717.09$0
May 199416820,94315.88$2,668
Apr 199418722,83114.14$2,644
Mar 1994028,78312.46$0
Feb 199418026,40512.50$2,250
Jan 1994036,18112.66$0
Dec 199334149,22412.33$4,205
Nov 1993040,00614.49$0
Oct 19930015.85$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 2012 — as filed, then multipliedworked
Condensate             0 bbl  × $101.10 =         $0
Gas                  200 Mcf  × $  2.57 =       $514

────────────────────────────────────────────────────
Month total                                     $514

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/147284 is the state's own key, not one this site invented.