RENTFRO, RUSSELL

Name: RENTFRO, RUSSELL lease production and value, Mar 1994 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by TEXACO E & P INC. (P-5 844118) in the JEFFRESS (VICKSBURG U) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 149004District 04Field 460885002 tax incentive programmesCondensateGasSave Export

Value, all time

$2.3 M

Mar 1994 – Nov 2000

Value, last 12 filed months

$344 k

at the published price for each month

Months reported

no gaps in the span

Streams

condensate, gas

The JEFFRESS (VICKSBURG U) 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 36 leases and 36 wells, and the rule below applies to all of them.

Discovered

1969-04-14

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 2006-04-18.

The Commission's schedule remark for this field reads: “PER DOCKET #04-0246433 RULES 1 AND 2 CHANGED. PLATS 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.

Programme	Filings	With an approval date	Dated	Docket
High Cost Gas	1	1	1999-12-17	141260
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	53,480 bbl	$896,782
Gas	Production	3,340,969 Mcf	$1,403,618
Total			$2,300,400

2,775,516 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 26.4178, -98.4772. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.41780, -98.47725 · 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

0.0%

0 of 1 wells

Median depth

12,869 ft

1 wells filed one

Completion to plug

—

no well filed both dates

What the state filed about each well

On the RRC proration schedule

1100.0%

A plug date is filed

00.0%

BothOn the schedule and plugged. Neither fact cancels the other.

00.0%

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 12,869 ft.

Completions filed

Nov 2000

1 of 1 wells

1 well


42-21530200	3	12,869 ft	Nov 2000	—	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 (81)

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

81 months


Nov 2000	28	0	32.21	5.66	$902
Oct 2000	48	19	31.23	5.15	$1,597
Sep 2000	61	138	31.87	5.19	$2,660
Aug 2000	48	59	29.64	4.54	$1,691
Jul 2000	87	6,015	28.53	4.09	$27,082
Jun 2000	136	14,131	29.30	4.40	$66,122
May 2000	192	12,207	27.26	3.68	$50,153
Apr 2000	89	13,125	24.51	3.12	$43,079
Mar 2000	135	12,689	28.42	2.86	$40,124
Feb 2000	143	11,495	27.62	2.73	$35,291
Jan 2000	104	13,240	25.27	2.48	$35,470
Dec 1999	245	13,900	24.28	2.42	$39,638
Nov 1999	178	14,440	23.19	2.43	$39,275
Oct 1999	229	15,489	20.98	2.80	$48,231
Sep 1999	114	14,445	21.75	2.62	$40,309
Aug 1999	164	13,761	19.26	2.88	$42,730
Jul 1999	96	16,610	17.89	2.37	$41,123
Jun 1999	192	16,565	15.94	2.36	$42,189
May 1999	145	18,147	15.79	2.32	$44,409
Apr 1999	147	17,438	15.10	2.21	$40,724
Mar 1999	146	19,833	12.47	1.84	$38,280
Feb 1999	148	19,649	9.98	1.82	$37,195
Jan 1999	210	19,846	10.38	1.90	$39,886
Dec 1998	417	34,114	9.20	1.77	$64,331
Nov 1998	293	29,549	10.89	2.19	$67,777
Oct 1998	1	0	12.42	1.97	$12
Sep 1998	2	4	12.59	2.08	$34
Aug 1998	3	19	11.30	1.91	$70
Jul 1998	9	9	11.74	2.24	$126
Jun 1998	35	135	11.24	2.24	$695
May 1998	0	0	12.62	2.21	$0
Apr 1998	0	0	13.04	2.51	$0
Mar 1998	11	5	12.80	2.31	$152
Feb 1998	48	6	13.95	2.30	$683
Jan 1998	161	17,796	14.70	2.15	$40,713
Dec 1997	160	19,948	16.32	2.41	$50,708
Nov 1997	158	20,501	18.19	3.09	$66,186
Oct 1997	99	20,741	19.25	3.15	$67,236
Sep 1997	134	22,335	17.74	2.95	$68,374
Aug 1997	57	9,087	17.86	2.55	$24,233
Jul 1997	39	0	17.58	2.25	$686
Jun 1997	71	13,880	17.24	2.26	$32,554
May 1997	119	22,686	18.97	2.31	$54,628
Apr 1997	113	22,778	17.88	2.08	$49,462
Mar 1997	83	21,793	18.95	1.94	$43,833
Feb 1997	97	20,483	20.49	2.21	$47,171
Jan 1997	178	6,343	23.48	3.54	$26,632
Dec 1996	278	7,564	23.32	—	$6,483
Nov 1996	840	39,356	21.97	—	$18,455
Oct 1996	635	22,461	23.31	—	$14,802
Sep 1996	465	38,297	22.22	—	$10,332
Aug 1996	281	31,502	20.26	—	$5,693
Jul 1996	305	41,818	19.55	—	$5,963
Jun 1996	177	47,214	18.73	—	$3,315
May 1996	652	51,448	19.43	—	$12,668
Apr 1996	335	38,442	21.51	—	$7,206
Mar 1996	921	37,959	19.38	—	$17,849
Feb 1996	636	43,980	16.98	—	$10,799
Jan 1996	860	42,523	17.07	—	$14,680
Dec 1995	780	37,999	17.19	—	$13,408
Nov 1995	828	37,384	16.00	—	$13,248
Oct 1995	853	43,652	15.43	—	$13,162
Sep 1995	800	48,007	16.18	—	$12,944
Aug 1995	936	55,861	15.92	—	$14,901
Jul 1995	681	43,941	15.24	—	$10,378
Jun 1995	995	53,370	16.41	—	$16,328
May 1995	1,258	60,678	17.56	—	$22,090
Apr 1995	1,281	66,292	17.73	—	$22,712
Mar 1995	1,541	74,513	16.44	—	$25,334
Feb 1995	1,317	78,772	16.58	—	$21,836
Jan 1995	1,552	106,690	15.92	—	$24,708
Dec 1994	1,421	106,002	15.03	—	$21,358
Nov 1994	1,664	116,216	15.90	—	$26,458
Oct 1994	2,226	114,292	15.58	—	$34,681
Sep 1994	1,348	140,815	15.29	—	$20,611
Aug 1994	2,367	165,947	16.13	—	$38,180
Jul 1994	3,235	211,182	17.56	—	$56,807
Jun 1994	4,650	238,872	17.09	—	$79,469
May 1994	5,756	263,909	15.88	—	$91,405
Apr 1994	5,964	253,386	14.14	—	$84,331
Mar 1994	269	15,172	12.46	—	$3,352

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 2000 — as filed, then multipliedworked

Condensate            28 bbl  × $ 32.21 =       $902
Gas                    0 Mcf  × $  5.66 =         $0

────────────────────────────────────────────────────
Month total                                     $902

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/149004 is the state's own key, not one this site invented.