DICKINSON, CHARLES B. TRUST

Operated by VALENCE OPERATING COMPANY (P-5 881167) in the PICOSO (CARRIZO SPIKE 8070) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 149456District 04Field 71385140CondensateGasSaveExport
Value, all time
$867 k
May 1994 – Jul 2016
Value, last 12 filed months
$0
at the published price for each month
Months reported
267
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 6 leases and 6 wells, and the rule below applies to all of them.

Discovered
1984-09-12
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: ALLOC. FORMU. SUSP. ADMIN. EFF 9-1-94.

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
CondensateDisposition1,569 bbl$42,182
GasProduction336,460 Mcf$824,713
Total$866,895

146,856 Mcf of this lease's gas, across 32 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 27.5570, -98.9107. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.55695, -98.91071 · 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
8,750 ft
1 wells filed one
Completion to plug
22.3 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 8,750 ft.

Completions filed
May 1994
1 of 1 wells
Plug dates filed
Aug 2016
1 of 1 wells

Last completion to plug: a median of 22.3 years across the 1 well that filed both dates, with the middle half between 22.3 years and 22.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4793388828,750 ftMay 1994Aug 2016Yes

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 (267)

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

267 months

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 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
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 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20092071.445.48$143
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20094046.773.59$187
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
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 2008130131.0811.39$1,704
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 2007017891.677.29$1,298
Oct 20070082.856.92$0
Sep 2007015175.846.24$943
Aug 200707469.066.39$473
Jul 2007041670.906.39$2,657
Jun 2007030062.007.55$2,265
May 2007044258.747.85$3,468
Apr 2007039959.617.81$3,114
Mar 2007012756.927.30$927
Feb 2007031455.108.22$2,580
Jan 2007077950.306.73$5,240
Dec 2006181456.656.92$5,688
Nov 2006095954.207.62$7,305
Oct 200601,01254.906.01$6,086
Sep 2006331,11660.085.04$7,604
Aug 200601,21668.717.34$8,925
Jul 200601,06869.376.34$6,774
Jun 200601,09566.286.38$6,990
May 200601,07066.016.42$6,875
Apr 200601,05164.397.36$7,736
Mar 200611,01356.707.08$7,232
Feb 2006491,03157.597.75$10,813
Jan 200601,06160.598.93$9,478
Dec 200501,27454.9413.42$17,091
Nov 200501,57954.6910.59$16,719
Oct 200501,38558.3413.80$19,107
Sep 200501,40361.4512.08$16,947
Aug 200501,38361.519.80$13,549
Jul 200501,37955.697.84$10,816
Jun 2005591,15152.337.38$11,583
May 200501,27345.226.65$8,467
Apr 200501,30749.207.36$9,620
Mar 200501,40250.377.15$10,031
Feb 2005661,31845.226.31$11,304
Jan 200501,19543.166.32$7,555
Dec 200401,47239.866.75$9,938
Nov 200401,39345.286.33$8,818
Oct 200401,55449.706.52$10,124
Sep 200401,50443.245.28$7,947
Aug 2004601,49742.375.55$10,852
Jul 200401,53138.286.08$9,315
Jun 200401,30636.106.43$8,402
May 200401,37337.486.49$8,917
Apr 200401,74534.475.86$10,223
Mar 200401,53734.365.53$8,500
Feb 200401,38332.455.51$7,620
Jan 200401,34732.036.30$8,486
Dec 20035557630.266.30$5,294
Nov 20030028.804.60$0
Oct 2003090528.174.76$4,307
Sep 200301,35426.314.75$6,431
Aug 200301,20629.765.13$6,186
Jul 200301,16829.415.17$6,040
Jun 200301,21228.565.98$7,251
May 200301,26626.595.97$7,561
Apr 200301,15226.675.41$6,229
Mar 200301,37931.146.10$8,406
Feb 2003391,36933.487.93$12,156
Jan 200301,51330.315.58$8,446
Dec 200201,46926.914.85$7,130
Nov 200201,25724.664.14$5,200
Oct 200201,18026.464.23$4,990
Sep 2002611,06827.443.64$5,556
Aug 200201,23825.963.16$3,917
Jul 200201,40524.583.06$4,302
Jun 200201,40023.733.34$4,674
May 200201,34824.663.58$4,831
Apr 200201,40923.653.51$4,949
Mar 200201,15022.003.10$3,568
Feb 2002671,18318.222.38$4,031
Jan 200201,29917.172.38$3,086
Dec 200101,11316.932.36$2,632
Nov 200101,10918.072.41$2,668
Oct 2001096819.782.53$2,448
Sep 200101,02824.262.25$2,314
Aug 2001611,11924.873.05$4,934
Jul 200101,09123.933.20$3,488
Jun 2001096224.563.82$3,679
May 200101,17325.524.31$5,052
Apr 200101,06824.685.34$5,698
Mar 200101,08524.545.38$5,833
Feb 2001691,03427.755.77$7,878
Jan 200101,28027.478.40$10,750
Dec 200002,22726.889.12$20,316
Nov 200001,69232.215.66$9,573
Oct 200001,27831.235.15$6,576
Sep 200001,42631.875.19$7,396
Aug 200001,73929.644.54$7,896
Jul 200001,65928.534.09$6,785
Jun 2000521,67629.304.40$8,893
May 200001,99027.263.68$7,323
Apr 200001,91724.513.12$5,973
Mar 2000661,78128.422.86$6,969
Feb 200001,46927.622.73$4,005
Jan 200001,19325.272.48$2,959
Dec 199901,61524.282.42$3,914
Nov 199901,62423.192.43$3,953
Oct 199901,41620.982.80$3,970
Sep 199901,58021.752.62$4,138
Aug 199901,67319.262.88$4,811
Jul 19991111,40617.892.37$5,321
Jun 199901,78715.942.36$4,221
May 199901,89515.792.32$4,398
Apr 199901,50115.102.21$3,314
Mar 19990012.471.84$0
Feb 199901,3069.981.82$2,374
Jan 199901,53310.381.90$2,913
Dec 1998582,0689.201.77$4,201
Nov 199801,63310.892.19$3,569
Oct 199801,96312.421.97$3,866
Sep 199801,71712.592.08$3,576
Aug 1998581,77611.301.91$4,043
Jul 199801,96211.742.24$4,390
Jun 199801,16711.242.24$2,611
May 199801,22512.622.21$2,703
Apr 199801,21813.042.51$3,051
Mar 1998571,98512.802.31$5,314
Feb 199801,61613.952.30$3,715
Jan 199802,23414.702.15$4,814
Dec 199702,77616.322.41$6,693
Nov 199702,19618.193.09$6,782
Oct 1997623,11919.253.15$11,018
Sep 199703,61117.742.95$10,670
Aug 199703,25917.862.55$8,326
Jul 199703,04417.582.25$6,840
Jun 199703,89117.242.26$8,783
May 199703,88718.972.31$8,973
Apr 1997564,02317.882.08$9,380
Mar 199703,96018.951.94$7,679
Feb 1997533,72520.492.21$9,303
Jan 199703,25323.483.54$11,515
Dec 1996573,79823.32$1,329
Nov 199603,88621.97$0
Oct 199604,68023.31$0
Sep 199603,82522.22$0
Aug 199604,11620.26$0
Jul 1996494,20219.55$958
Jun 1996504,23018.73$937
May 199604,30519.43$0
Apr 1996524,40321.51$1,119
Mar 199604,61819.38$0
Feb 199603,87116.98$0
Jan 199604,43617.07$0
Dec 199504,18617.19$0
Nov 1995564,65316.00$896
Oct 199504,08215.43$0
Sep 199504,03116.18$0
Aug 1995584,70615.92$923
Jul 199504,54215.24$0
Jun 199504,59616.41$0
May 199504,75717.56$0
Apr 1995185,57617.73$319
Mar 199506,11216.44$0
Feb 199576,05016.58$116
Jan 199527,22715.92$32
Dec 199468,44415.03$90
Nov 199408,95515.90$0
Oct 199408,77915.58$0
Sep 199403,85215.29$0
Aug 199401,62916.13$0
Jul 199401,77017.56$0
Jun 199401,48317.09$0
May 199411,05615.88$16

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 2009 — as filed, then multipliedworked
Condensate             2 bbl  × $ 71.44 =       $143
Gas                    0 Mcf  × $  5.48 =         $0

────────────────────────────────────────────────────
Month total                                     $143

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/149456 is the state's own key, not one this site invented.