RACHAL, ED

Operated by LEWIS PETRO PROPERTIES, INC. (P-5 499978) in the LAS TIENDAS (OLMOS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 148205District 04Field 522110602 tax incentive programmesCondensateGasSaveExport
Value, all time
$144 k
Feb 1994 – Feb 2007
Value, last 12 filed months
$57
at the published price for each month
Months reported
157
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 754 leases and 754 wells, and the rule below applies to all of them.

Discovered
1974-04-22
as the register files it
Field class
Gas
the register's own label
Between wells
933 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 2011-08-23.

The Commission's schedule remark for this field reads: REMAINS SUSPENDED. FIELD REMAINS SET TO MANUAL REVIEW.

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 Gas111994-08-16130465
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
CondensateDisposition40 bbl$2,098
GasProduction51,350 Mcf$141,840
Total$143,938

18,897 Mcf of this lease's gas, across 35 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 27.9845, -99.7474. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.98452, -99.74743 · 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
6,425 ft
1 wells filed one
Completion to plug
12.2 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 6,425 ft.

Completions filed
Mar 1994
1 of 1 wells
Plug dates filed
May 2006
1 of 1 wells

Last completion to plug: a median of 12.2 years across the 1 well that filed both dates, with the middle half between 12.2 years and 12.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4793597556,425 ftMar 1994May 2006Yes

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 (157)

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

157 months

Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20061056.656.92$57
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 2006025057.597.75$1,938
Jan 2006032060.598.93$2,859
Dec 2005025154.9413.42$3,367
Nov 2005019854.6910.59$2,097
Oct 2005028058.3413.80$3,863
Sep 2005027861.4512.08$3,358
Aug 2005056261.519.80$5,506
Jul 2005031455.697.84$2,463
Jun 20053930952.337.38$4,322
May 2005033545.226.65$2,228
Apr 2005021649.207.36$1,590
Mar 2005015250.377.15$1,088
Feb 2005019745.226.31$1,243
Jan 2005020143.166.32$1,271
Dec 2004020439.866.75$1,377
Nov 2004021145.286.33$1,336
Oct 2004021449.706.52$1,394
Sep 2004018543.245.28$978
Aug 2004019442.375.55$1,077
Jul 2004019638.286.08$1,193
Jun 2004019036.106.43$1,222
May 2004021637.486.49$1,403
Apr 2004019934.475.86$1,166
Mar 2004024034.365.53$1,327
Feb 2004023932.455.51$1,317
Jan 2004029532.036.30$1,858
Dec 2003030830.266.30$1,941
Nov 2003028828.804.60$1,323
Oct 2003030428.174.76$1,447
Sep 2003023826.314.75$1,130
Aug 2003025929.765.13$1,329
Jul 2003028029.415.17$1,448
Jun 2003024528.565.98$1,466
May 2003026926.595.97$1,607
Apr 2003026126.675.41$1,411
Mar 2003029531.146.10$1,798
Feb 2003026333.487.93$2,085
Jan 2003030330.315.58$1,691
Dec 2002030026.914.85$1,456
Nov 2002027424.664.14$1,134
Oct 2002030726.464.23$1,298
Sep 2002032827.443.64$1,192
Aug 2002030225.963.16$956
Jul 2002030724.583.06$940
Jun 2002029823.733.34$995
May 2002030224.663.58$1,082
Apr 2002030523.653.51$1,071
Mar 2002031922.003.10$990
Feb 2002029418.222.38$698
Jan 2002031217.172.38$741
Dec 2001036016.932.36$851
Nov 2001028418.072.41$683
Oct 2001029519.782.53$746
Sep 2001032224.262.25$725
Aug 2001030224.873.05$922
Jul 2001031323.933.20$1,001
Jun 2001037324.563.82$1,426
May 2001032925.524.31$1,417
Apr 2001033524.685.34$1,787
Mar 2001034924.545.38$1,876
Feb 2001030827.755.77$1,776
Jan 2001037427.478.40$3,141
Dec 2000029626.889.12$2,700
Nov 2000030032.215.66$1,697
Oct 2000032731.235.15$1,683
Sep 2000031231.875.19$1,618
Aug 2000038129.644.54$1,730
Jul 2000035828.534.09$1,464
Jun 2000035729.304.40$1,570
May 2000030527.263.68$1,122
Apr 2000027824.513.12$866
Mar 2000034828.422.86$995
Feb 2000033127.622.73$902
Jan 2000038225.272.48$948
Dec 1999053324.282.42$1,292
Nov 1999030523.192.43$742
Oct 1999030120.982.80$844
Sep 1999030421.752.62$796
Aug 1999030319.262.88$871
Jul 1999025017.892.37$593
Jun 199902315.942.36$54
May 1999011215.792.32$260
Apr 1999032515.102.21$718
Mar 1999031112.471.84$572
Feb 199902869.981.82$520
Jan 1999034210.381.90$650
Dec 199803039.201.77$537
Nov 1998029810.892.19$651
Oct 1998033012.421.97$650
Sep 1998022512.592.08$469
Aug 1998031811.301.91$607
Jul 1998035011.742.24$783
Jun 1998029211.242.24$653
May 1998032412.622.21$715
Apr 1998029013.042.51$727
Mar 1998032912.802.31$760
Feb 1998031213.952.30$717
Jan 1998033514.702.15$722
Dec 1997035116.322.41$846
Nov 1997032918.193.09$1,016
Oct 1997031919.253.15$1,005
Sep 1997031717.742.95$937
Aug 1997032417.862.55$828
Jul 1997036517.582.25$820
Jun 1997033517.242.26$756
May 1997039518.972.31$912
Apr 1997035517.882.08$739
Mar 1997032818.951.94$636
Feb 1997028920.492.21$638
Jan 1997031923.483.54$1,129
Dec 1996032623.32$0
Nov 1996033821.97$0
Oct 1996031423.31$0
Sep 1996024222.22$0
Aug 1996029720.26$0
Jul 1996034719.55$0
Jun 1996029918.73$0
May 1996034619.43$0
Apr 1996041721.51$0
Mar 1996041319.38$0
Feb 1996044016.98$0
Jan 1996051017.07$0
Dec 1995046717.19$0
Nov 1995044316.00$0
Oct 1995050815.43$0
Sep 1995037216.18$0
Aug 1995045515.92$0
Jul 1995045115.24$0
Jun 1995052216.41$0
May 1995048217.56$0
Apr 1995054317.73$0
Mar 1995048016.44$0
Feb 1995057016.58$0
Jan 1995053515.92$0
Dec 1994057515.03$0
Nov 1994072515.90$0
Oct 1994077915.58$0
Sep 1994076715.29$0
Aug 1994093616.13$0
Jul 199401,26017.56$0
Jun 199401,16517.09$0
May 1994056415.88$0
Apr 1994062814.14$0
Mar 1994093912.46$0
Feb 1994044212.50$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.

Dec 2006 — as filed, then multipliedworked
Condensate             1 bbl  × $ 56.65 =        $57
Gas                    0 Mcf  × $  6.92 =         $0

────────────────────────────────────────────────────
Month total                                      $57

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/148205 is the state's own key, not one this site invented.