CARR

Operated by CONOCOPHILLIPS COMPANY (P-5 172232) in the VAQUILLAS RANCH (LOBO CONS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 150030District 04Field 932154002 tax incentive programmesCondensateGasSaveExport
Value, all time
$91 k
May 1994 – Aug 2007
Value, last 12 filed months
$0
at the published price for each month
Months reported
160
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 909 leases and 909 wells, and the rule below applies to all of them.

Discovered
1998-02-24
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 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 2010-11-02.

The Commission's schedule remark for this field reads: NO P-15 OR PLAT 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.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas111994-08-04130344
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
CondensateDisposition366 bbl$6,640
GasProduction68,909 Mcf$84,138
Total$90,777

41,328 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 27.6845, -99.0990. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.68446, -99.09903 · 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
9,800 ft
1 wells filed one
Completion to plug
13.3 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 9,800 ft.

Completions filed
May 1994
1 of 1 wells
Plug dates filed
Aug 2007
1 of 1 wells

Last completion to plug: a median of 13.3 years across the 1 well that filed both dates, with the middle half between 13.3 years and 13.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-47936024989,800 ftMay 1994Aug 2007Yes

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 (160)

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

160 months

Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
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 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
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 2003023326.675.41$1,260
Mar 2003046431.146.10$2,829
Feb 2003031933.487.93$2,528
Jan 2003040930.315.58$2,283
Dec 2002040526.914.85$1,966
Nov 2002034724.664.14$1,436
Oct 2002040026.464.23$1,692
Sep 20020027.443.64$0
Aug 2002028725.963.16$908
Jul 2002047824.583.06$1,464
Jun 2002031323.733.34$1,045
May 2002043324.663.58$1,552
Apr 2002033323.653.51$1,170
Mar 2002044022.003.10$1,365
Feb 2002023618.222.38$561
Jan 2002025817.172.38$613
Dec 2001033516.932.36$792
Nov 2001014818.072.41$356
Oct 2001031819.782.53$804
Sep 2001045924.262.25$1,033
Aug 2001018624.873.05$568
Jul 2001022723.933.20$726
Jun 2001017724.563.82$677
May 200109025.524.31$388
Apr 2001024024.685.34$1,280
Mar 2001025224.545.38$1,355
Feb 20010027.755.77$0
Jan 2001018527.478.40$1,554
Dec 2000013426.889.12$1,222
Nov 2000027332.215.66$1,545
Oct 2000021131.235.15$1,086
Sep 2000050331.875.19$2,609
Aug 2000038429.644.54$1,744
Jul 2000019728.534.09$806
Jun 2000018529.304.40$813
May 2000032927.263.68$1,211
Apr 2000015524.513.12$483
Mar 2000014128.422.86$403
Feb 2000045227.622.73$1,232
Jan 2000027325.272.48$677
Dec 1999031324.282.42$759
Nov 1999034523.192.43$840
Oct 19990720.982.80$20
Sep 1999021121.752.62$553
Aug 1999036819.262.88$1,058
Jul 1999029717.892.37$705
Jun 1999059815.942.36$1,413
May 1999032215.792.32$747
Apr 1999044915.102.21$991
Mar 1999041112.471.84$756
Feb 199904919.981.82$893
Jan 1999087010.381.90$1,653
Dec 199804329.201.77$766
Nov 1998019010.892.19$415
Oct 1998045712.421.97$900
Sep 1998044312.592.08$923
Aug 1998047311.301.91$902
Jul 1998051311.742.24$1,148
Jun 1998046711.242.24$1,045
May 1998033212.622.21$733
Apr 1998051513.042.51$1,290
Mar 1998049712.802.31$1,148
Feb 1998036113.952.30$830
Jan 1998034514.702.15$743
Dec 1997049216.322.41$1,186
Nov 1997052218.193.09$1,612
Oct 1997053619.253.15$1,688
Sep 1997033517.742.95$990
Aug 1997094117.862.55$2,404
Jul 1997072917.582.25$1,638
Jun 1997071417.242.26$1,612
May 1997072318.972.31$1,669
Apr 1997143717.882.08$928
Mar 1997038018.951.94$737
Feb 1997045020.492.21$993
Jan 1997940623.483.54$1,648
Dec 1996063923.32$0
Nov 19962859721.97$615
Oct 1996052823.31$0
Sep 1996352322.22$67
Aug 1996067820.26$0
Jul 199613467119.55$2,620
Jun 1996164818.73$19
May 1996053719.43$0
Apr 1996059021.51$0
Mar 1996053019.38$0
Feb 1996059016.98$0
Jan 1996063117.07$0
Dec 1995062117.19$0
Nov 1995055316.00$0
Oct 1995048415.43$0
Sep 1995065616.18$0
Aug 1995091815.92$0
Jul 1995098115.24$0
Jun 1995084516.41$0
May 199511,13017.56$18
Apr 199511,28117.73$18
Mar 19956491616.44$1,052
Feb 1995294316.58$33
Jan 199511,15615.92$16
Dec 1994091015.03$0
Nov 1994042515.90$0
Oct 1994166715.58$16
Sep 199401,14915.29$0
Aug 19941182,82816.13$1,903
Jul 199412,38517.56$18
Jun 1994112,81017.09$17
May 199402,50815.88$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.

Apr 2003 — as filed, then multipliedworked
Condensate             0 bbl  × $ 26.67 =         $0
Gas                  233 Mcf  × $  5.41 =     $1,260

────────────────────────────────────────────────────
Month total                                   $1,260

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/150030 is the state's own key, not one this site invented.