RANCHITO TANK GAS UNIT

Name: RANCHITO TANK GAS UNIT lease production and value, Nov 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by EOG RESOURCES, INC. (P-5 253162) in the DODIER (WILCOX "B") field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 147401District 04Field 251001402 tax incentive programmesCondensateGasSave Export

Value, all time

$2.5 M

Nov 1993 – Aug 2013

Value, last 12 filed months

at the published price for each month

Months reported

238

no gaps in the span

Streams

condensate, gas

The DODIER (WILCOX "B") 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 9 leases and 9 wells, and the rule below applies to all of them.

Discovered

1992-11-12

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 ADMINISTRATIVELY SUSPENDED EFFECTIVE 8/1/94.”

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.

Programme	Filings	With an approval date	Dated	Docket
High Cost Gas	1	1	2003-10-10	153356
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	365 bbl	$7,572
Gas	Production	1,286,614 Mcf	$2,492,741
Total			$2,500,313

715,029 Mcf of this lease's gas, across 37 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 26.8806, -99.1559. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.88064, -99.15593 · 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

5,400 ft

1 wells filed one

Completion to plug

19.8 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 5,400 ft.

Completions filed

Nov 1993

1 of 1 wells

Plug dates filed

Aug 2013

1 of 1 wells

Last completion to plug: a median of 19.8 years across the 1 well that filed both dates, with the middle half between 19.8 years and 19.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-50533106	2	5,400 ft	Nov 1993	Aug 2013	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 (238)

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

238 months


Aug 2013	0	0	104.25	3.52	$0
Jul 2013	0	0	102.52	3.72	$0
Jun 2013	0	0	94.40	3.93	$0
May 2013	0	0	94.83	4.15	$0
Apr 2013	0	0	93.96	4.28	$0
Mar 2013	0	0	93.62	3.91	$0
Feb 2013	0	0	91.23	3.42	$0
Jan 2013	0	0	91.60	3.42	$0
Dec 2012	0	0	86.77	3.42	$0
Nov 2012	0	0	86.95	3.62	$0
Oct 2012	0	0	89.38	3.40	$0
Sep 2012	0	0	94.67	2.92	$0
Aug 2012	0	0	92.66	2.91	$0
Jul 2012	0	0	85.13	3.02	$0
Jun 2012	0	1	79.82	2.52	$3
May 2012	0	58	91.61	2.49	$144
Apr 2012	0	61	101.65	2.00	$122
Mar 2012	0	421	105.05	2.22	$936
Feb 2012	0	0	101.10	2.57	$0
Jan 2012	0	266	98.09	2.73	$727
Dec 2011	0	556	96.87	3.24	$1,801
Nov 2011	0	336	95.72	3.31	$1,113
Oct 2011	0	437	84.98	3.65	$1,594
Sep 2011	0	381	83.62	3.99	$1,519
Aug 2011	0	399	83.40	4.15	$1,656
Jul 2011	0	412	94.14	4.52	$1,861
Jun 2011	0	395	92.90	4.64	$1,833
May 2011	0	464	98.13	4.40	$2,044
Apr 2011	0	580	105.96	4.33	$2,513
Mar 2011	0	546	96.36	4.06	$2,215
Feb 2011	0	467	85.64	4.18	$1,952
Jan 2011	0	393	86.50	4.59	$1,803
Dec 2010	0	551	85.73	4.35	$2,396
Nov 2010	0	461	80.84	3.80	$1,750
Oct 2010	18	408	78.10	3.51	$2,837
Sep 2010	0	459	72.63	3.98	$1,827
Aug 2010	0	447	73.68	4.42	$1,975
Jul 2010	0	435	72.55	4.74	$2,060
Jun 2010	0	490	70.36	4.91	$2,406
May 2010	0	589	71.12	4.24	$2,495
Apr 2010	0	500	81.69	4.12	$2,061
Mar 2010	0	476	78.39	4.39	$2,089
Feb 2010	0	453	73.58	5.44	$2,465
Jan 2010	0	510	74.36	5.96	$3,042
Dec 2009	0	521	71.44	5.48	$2,857
Nov 2009	0	574	74.59	3.75	$2,153
Oct 2009	0	615	72.54	4.11	$2,528
Sep 2009	0	579	65.54	3.06	$1,774
Aug 2009	0	496	67.42	3.22	$1,596
Jul 2009	0	521	61.13	3.46	$1,805
Jun 2009	0	639	66.16	3.90	$2,489
May 2009	0	482	54.74	3.93	$1,892
Apr 2009	0	606	46.77	3.59	$2,174
Mar 2009	0	832	42.14	4.06	$3,377
Feb 2009	0	766	32.81	4.63	$3,549
Jan 2009	0	884	35.86	5.37	$4,748
Dec 2008	0	939	37.10	5.98	$5,613
Nov 2008	0	1,011	55.49	6.86	$6,936
Oct 2008	0	1,022	75.24	6.92	$7,074
Sep 2008	0	950	101.76	7.88	$7,483
Aug 2008	0	1,032	114.22	8.48	$8,754
Jul 2008	0	1,152	131.08	11.39	$13,121
Jun 2008	0	1,051	131.33	13.03	$13,697
May 2008	0	1,231	123.17	11.57	$14,248
Apr 2008	0	1,319	110.31	10.45	$13,790
Mar 2008	0	1,007	101.90	9.66	$9,732
Feb 2008	0	1,182	92.53	8.77	$10,367
Jan 2008	0	1,328	90.38	8.21	$10,897
Dec 2007	0	1,766	88.33	7.30	$12,895
Nov 2007	0	580	91.67	7.29	$4,229
Oct 2007	0	2	82.85	6.92	$14
Sep 2007	0	45	75.84	6.24	$281
Aug 2007	0	113	69.06	6.39	$722
Jul 2007	0	95	70.90	6.39	$607
Jun 2007	0	199	62.00	7.55	$1,502
May 2007	0	237	58.74	7.85	$1,860
Apr 2007	0	36	59.61	7.81	$281
Mar 2007	0	312	56.92	7.30	$2,278
Feb 2007	0	685	55.10	8.22	$5,628
Jan 2007	0	692	50.30	6.73	$4,655
Dec 2006	0	1,090	56.65	6.92	$7,541
Nov 2006	0	855	54.20	7.62	$6,513
Oct 2006	0	855	54.90	6.01	$5,142
Sep 2006	0	789	60.08	5.04	$3,974
Aug 2006	0	542	68.71	7.34	$3,978
Jul 2006	0	1,231	69.37	6.34	$7,808
Jun 2006	0	1,314	66.28	6.38	$8,388
May 2006	0	1,166	66.01	6.42	$7,492
Apr 2006	0	1,449	64.39	7.36	$10,665
Mar 2006	0	2,206	56.70	7.08	$15,625
Feb 2006	0	2,347	57.59	7.75	$18,192
Jan 2006	0	2,284	60.59	8.93	$20,404
Dec 2005	0	2,711	54.94	13.42	$36,369
Nov 2005	0	2,851	54.69	10.59	$30,188
Oct 2005	0	2,986	58.34	13.80	$41,194
Sep 2005	0	2,563	61.45	12.08	$30,958
Aug 2005	0	3,843	61.51	9.80	$37,649
Jul 2005	0	2,908	55.69	7.84	$22,809
Jun 2005	0	3,631	52.33	7.38	$26,801
May 2005	0	3,618	45.22	6.65	$24,064
Apr 2005	0	3,650	49.20	7.36	$26,866
Mar 2005	0	3,868	50.37	7.15	$27,675
Feb 2005	0	3,664	45.22	6.31	$23,127
Jan 2005	0	3,468	43.16	6.32	$21,925
Dec 2004	0	3,443	39.86	6.75	$23,244
Nov 2004	0	3,465	45.28	6.33	$21,935
Oct 2004	0	3,177	49.70	6.52	$20,698
Sep 2004	0	4,067	43.24	5.28	$21,490
Aug 2004	0	4,156	42.37	5.55	$23,069
Jul 2004	0	4,467	38.28	6.08	$27,178
Jun 2004	0	3,484	36.10	6.43	$22,413
May 2004	0	3,338	37.48	6.49	$21,679
Apr 2004	0	3,280	34.47	5.86	$19,216
Mar 2004	0	4,364	34.36	5.53	$24,134
Feb 2004	0	3,411	32.45	5.51	$18,793
Jan 2004	0	4,850	32.03	6.30	$30,553
Dec 2003	0	4,827	30.26	6.30	$30,418
Nov 2003	13	4,328	28.80	4.60	$20,262
Oct 2003	0	4,749	28.17	4.76	$22,604
Sep 2003	0	4,167	26.31	4.75	$19,791
Aug 2003	0	5,035	29.76	5.13	$25,828
Jul 2003	0	4,857	29.41	5.17	$25,115
Jun 2003	0	5,120	28.56	5.98	$30,633
May 2003	0	6,339	26.59	5.97	$37,861
Apr 2003	0	5,604	26.67	5.41	$30,302
Mar 2003	0	5,367	31.14	6.10	$32,717
Feb 2003	0	5,051	33.48	7.93	$40,034
Jan 2003	0	5,916	30.31	5.58	$33,023
Dec 2002	0	6,077	26.91	4.85	$29,496
Nov 2002	0	5,441	24.66	4.14	$22,509
Oct 2002	0	6,330	26.46	4.23	$26,770
Sep 2002	0	6,108	27.44	3.64	$22,204
Aug 2002	0	5,468	25.96	3.16	$17,302
Jul 2002	0	4,987	24.58	3.06	$15,269
Jun 2002	0	4,551	23.73	3.34	$15,192
May 2002	0	4,822	24.66	3.58	$17,282
Apr 2002	0	4,335	23.65	3.51	$15,226
Mar 2002	0	4,864	22.00	3.10	$15,092
Feb 2002	0	4,026	18.22	2.38	$9,564
Jan 2002	0	3,966	17.17	2.38	$9,422
Dec 2001	0	3,668	16.93	2.36	$8,673
Nov 2001	0	4,087	18.07	2.41	$9,831
Oct 2001	0	4,093	19.78	2.53	$10,351
Sep 2001	0	3,985	24.26	2.25	$8,972
Aug 2001	0	5,151	24.87	3.05	$15,727
Jul 2001	0	5,346	23.93	3.20	$17,092
Jun 2001	0	4,831	24.56	3.82	$18,475
May 2001	0	5,280	25.52	4.31	$22,743
Apr 2001	0	4,781	24.68	5.34	$25,508
Mar 2001	0	5,085	24.54	5.38	$27,339
Feb 2001	0	4,339	27.75	5.77	$25,023
Jan 2001	0	4,687	27.47	8.40	$39,365
Dec 2000	0	5,069	26.88	9.12	$46,242
Nov 2000	0	4,695	32.21	5.66	$26,564
Oct 2000	0	5,127	31.23	5.15	$26,381
Sep 2000	0	4,937	31.87	5.19	$25,606
Aug 2000	0	5,437	29.64	4.54	$24,688
Jul 2000	0	5,261	28.53	4.09	$21,516
Jun 2000	0	4,905	29.30	4.40	$21,569
May 2000	0	4,528	27.26	3.68	$16,662
Apr 2000	0	4,684	24.51	3.12	$14,595
Mar 2000	0	5,153	28.42	2.86	$14,736
Feb 2000	0	4,664	27.62	2.73	$12,716
Jan 2000	0	5,079	25.27	2.48	$12,598
Dec 1999	0	5,112	24.28	2.42	$12,390
Nov 1999	0	5,053	23.19	2.43	$12,299
Oct 1999	0	5,574	20.98	2.80	$15,628
Sep 1999	0	4,496	21.75	2.62	$11,774
Aug 1999	0	5,511	19.26	2.88	$15,847
Jul 1999	0	5,918	17.89	2.37	$14,040
Jun 1999	0	5,710	15.94	2.36	$13,488
May 1999	0	6,131	15.79	2.32	$14,230
Apr 1999	0	6,049	15.10	2.21	$13,356
Mar 1999	0	4,538	12.47	1.84	$8,342
Feb 1999	0	5,557	9.98	1.82	$10,101
Jan 1999	0	5,898	10.38	1.90	$11,206
Dec 1998	0	5,747	9.20	1.77	$10,191
Nov 1998	0	5,663	10.89	2.19	$12,378
Oct 1998	0	5,930	12.42	1.97	$11,677
Sep 1998	0	5,806	12.59	2.08	$12,092
Aug 1998	0	5,697	11.30	1.91	$10,866
Jul 1998	0	5,558	11.74	2.24	$12,435
Jun 1998	0	4,884	11.24	2.24	$10,927
May 1998	0	3,924	12.62	2.21	$8,658
Apr 1998	0	4,772	13.04	2.51	$11,955
Mar 1998	0	4,575	12.80	2.31	$10,566
Feb 1998	0	3,880	13.95	2.30	$8,921
Jan 1998	0	4,149	14.70	2.15	$8,940
Dec 1997	0	4,711	16.32	2.41	$11,359
Nov 1997	0	4,444	18.19	3.09	$13,724
Oct 1997	0	5,008	19.25	3.15	$15,774
Sep 1997	0	5,330	17.74	2.95	$15,750
Aug 1997	0	5,829	17.86	2.55	$14,892
Jul 1997	0	4,731	17.58	2.25	$10,630
Jun 1997	0	6,426	17.24	2.26	$14,505
May 1997	0	5,791	18.97	2.31	$13,369
Apr 1997	0	6,269	17.88	2.08	$13,057
Mar 1997	0	7,169	18.95	1.94	$13,902
Feb 1997	0	6,524	20.49	2.21	$14,391
Jan 1997	0	7,170	23.48	3.54	$25,380
Dec 1996	0	7,668	23.32	—	$0
Nov 1996	0	8,088	21.97	—	$0
Oct 1996	0	8,948	23.31	—	$0
Sep 1996	0	9,606	22.22	—	$0
Aug 1996	0	8,104	20.26	—	$0
Jul 1996	0	10,216	19.55	—	$0
Jun 1996	0	10,844	18.73	—	$0
May 1996	0	12,746	19.43	—	$0
Apr 1996	0	13,546	21.51	—	$0
Mar 1996	108	15,325	19.38	—	$2,093
Feb 1996	0	13,256	16.98	—	$0
Jan 1996	0	16,882	17.07	—	$0
Dec 1995	0	17,752	17.19	—	$0
Nov 1995	0	20,045	16.00	—	$0
Oct 1995	0	20,622	15.43	—	$0
Sep 1995	0	21,503	16.18	—	$0
Aug 1995	7	21,331	15.92	—	$111
Jul 1995	0	22,319	15.24	—	$0
Jun 1995	0	23,909	16.41	—	$0
May 1995	0	23,756	17.56	—	$0
Apr 1995	0	23,922	17.73	—	$0
Mar 1995	0	25,928	16.44	—	$0
Feb 1995	150	25,182	16.58	—	$2,487
Jan 1995	0	27,304	15.92	—	$0
Dec 1994	0	30,658	15.03	—	$0
Nov 1994	51	31,385	15.90	—	$811
Oct 1994	0	28,380	15.58	—	$0
Sep 1994	0	30,898	15.29	—	$0
Aug 1994	0	27,010	16.13	—	$0
Jul 1994	0	11,856	17.56	—	$0
Jun 1994	3	17,919	17.09	—	$51
May 1994	15	21,942	15.88	—	$238
Apr 1994	0	17,762	14.14	—	$0
Mar 1994	0	19,620	12.46	—	$0
Feb 1994	0	17,759	12.50	—	$0
Jan 1994	0	26,945	12.66	—	$0
Dec 1993	0	24,093	12.33	—	$0
Nov 1993	0	0	14.49	—	$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.

Jun 2012 — as filed, then multipliedworked

Condensate             0 bbl  × $ 79.82 =         $0
Gas                    1 Mcf  × $  2.52 =         $3

────────────────────────────────────────────────────
Month total                                       $3

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/147401 is the state's own key, not one this site invented.