JERICO, LTD GAS UNIT

Name: JERICO, LTD GAS UNIT lease production and value, Nov 1994 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by SHELL WESTERN E&P (P-5 774719) in the CADRE (VICKSBURG PATRIOT) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 152412District 04Field 145674502 tax incentive programmesCondensateGasSave Export

Value, all time

$1.4 M

Nov 1994 – Jul 2009

Value, last 12 filed months

at the published price for each month

Months reported

177

no gaps in the span

Streams

condensate, gas

The CADRE (VICKSBURG PATRIOT) 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 17 leases and 17 wells, and the rule below applies to all of them.

Discovered

1992-05-01

as the register files it

Field class

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 1993-07-01.

The Commission's schedule remark for this field reads: “ALLOCATION FORMULA SUSPENDED ADMINISTRATIVELY EFFECTIVE 9/1/93.”

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	2	2	1995-04-24 – 1997-09-19	2 dockets
NGPA	2	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	37,366 bbl	$648,627
Gas	Production	1,896,897 Mcf	$780,494
Total			$1,429,121

1,585,821 Mcf of this lease's gas, across 23 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 26.5698, -98.1560. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.56984, -98.15595 · 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

16,000 ft

1 wells filed one

Completion to plug

12.6 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 16,000 ft.

Completions filed

Dec 1996

1 of 1 wells

Plug dates filed

Jul 2009

1 of 1 wells

Last completion to plug: a median of 12.6 years across the 1 well that filed both dates, with the middle half between 12.6 years and 12.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-21532184	4	16,000 ft	Dec 1996	Jul 2009	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 (177)

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

177 months


Jul 2009	0	0	61.13	3.46	$0
Jun 2009	0	0	66.16	3.90	$0
May 2009	0	0	54.74	3.93	$0
Apr 2009	0	0	46.77	3.59	$0
Mar 2009	0	0	42.14	4.06	$0
Feb 2009	0	0	32.81	4.63	$0
Jan 2009	0	0	35.86	5.37	$0
Dec 2008	0	0	37.10	5.98	$0
Nov 2008	0	0	55.49	6.86	$0
Oct 2008	0	0	75.24	6.92	$0
Sep 2008	0	0	101.76	7.88	$0
Aug 2008	0	0	114.22	8.48	$0
Jul 2008	0	0	131.08	11.39	$0
Jun 2008	0	0	131.33	13.03	$0
May 2008	0	0	123.17	11.57	$0
Apr 2008	0	0	110.31	10.45	$0
Mar 2008	0	0	101.90	9.66	$0
Feb 2008	0	0	92.53	8.77	$0
Jan 2008	0	0	90.38	8.21	$0
Dec 2007	0	0	88.33	7.30	$0
Nov 2007	0	0	91.67	7.29	$0
Oct 2007	0	0	82.85	6.92	$0
Sep 2007	0	0	75.84	6.24	$0
Aug 2007	0	0	69.06	6.39	$0
Jul 2007	0	0	70.90	6.39	$0
Jun 2007	0	0	62.00	7.55	$0
May 2007	0	0	58.74	7.85	$0
Apr 2007	0	0	59.61	7.81	$0
Mar 2007	0	0	56.92	7.30	$0
Feb 2007	0	0	55.10	8.22	$0
Jan 2007	0	0	50.30	6.73	$0
Dec 2006	0	0	56.65	6.92	$0
Nov 2006	0	0	54.20	7.62	$0
Oct 2006	0	0	54.90	6.01	$0
Sep 2006	0	0	60.08	5.04	$0
Aug 2006	0	0	68.71	7.34	$0
Jul 2006	0	0	69.37	6.34	$0
Jun 2006	0	0	66.28	6.38	$0
May 2006	0	0	66.01	6.42	$0
Apr 2006	0	0	64.39	7.36	$0
Mar 2006	0	0	56.70	7.08	$0
Feb 2006	0	0	57.59	7.75	$0
Jan 2006	0	0	60.59	8.93	$0
Dec 2005	0	0	54.94	13.42	$0
Nov 2005	0	0	54.69	10.59	$0
Oct 2005	0	0	58.34	13.80	$0
Sep 2005	0	0	61.45	12.08	$0
Aug 2005	0	0	61.51	9.80	$0
Jul 2005	0	0	55.69	7.84	$0
Jun 2005	0	0	52.33	7.38	$0
May 2005	0	0	45.22	6.65	$0
Apr 2005	0	0	49.20	7.36	$0
Mar 2005	0	0	50.37	7.15	$0
Feb 2005	0	0	45.22	6.31	$0
Jan 2005	0	0	43.16	6.32	$0
Dec 2004	0	0	39.86	6.75	$0
Nov 2004	0	0	45.28	6.33	$0
Oct 2004	0	0	49.70	6.52	$0
Sep 2004	0	0	43.24	5.28	$0
Aug 2004	0	0	42.37	5.55	$0
Jul 2004	0	0	38.28	6.08	$0
Jun 2004	0	0	36.10	6.43	$0
May 2004	0	0	37.48	6.49	$0
Apr 2004	0	0	34.47	5.86	$0
Mar 2004	0	0	34.36	5.53	$0
Feb 2004	0	0	32.45	5.51	$0
Jan 2004	0	0	32.03	6.30	$0
Dec 2003	0	0	30.26	6.30	$0
Nov 2003	0	0	28.80	4.60	$0
Oct 2003	0	0	28.17	4.76	$0
Sep 2003	0	0	26.31	4.75	$0
Aug 2003	0	0	29.76	5.13	$0
Jul 2003	0	0	29.41	5.17	$0
Jun 2003	0	0	28.56	5.98	$0
May 2003	0	0	26.59	5.97	$0
Apr 2003	0	0	26.67	5.41	$0
Mar 2003	0	0	31.14	6.10	$0
Feb 2003	0	0	33.48	7.93	$0
Jan 2003	0	0	30.31	5.58	$0
Dec 2002	0	0	26.91	4.85	$0
Nov 2002	0	0	24.66	4.14	$0
Oct 2002	0	0	26.46	4.23	$0
Sep 2002	0	0	27.44	3.64	$0
Aug 2002	0	0	25.96	3.16	$0
Jul 2002	0	0	24.58	3.06	$0
Jun 2002	0	0	23.73	3.34	$0
May 2002	0	0	24.66	3.58	$0
Apr 2002	0	0	23.65	3.51	$0
Mar 2002	0	0	22.00	3.10	$0
Feb 2002	0	0	18.22	2.38	$0
Jan 2002	0	0	17.17	2.38	$0
Dec 2001	0	0	16.93	2.36	$0
Nov 2001	0	0	18.07	2.41	$0
Oct 2001	0	0	19.78	2.53	$0
Sep 2001	0	0	24.26	2.25	$0
Aug 2001	0	0	24.87	3.05	$0
Jul 2001	0	0	23.93	3.20	$0
Jun 2001	0	0	24.56	3.82	$0
May 2001	0	0	25.52	4.31	$0
Apr 2001	0	0	24.68	5.34	$0
Mar 2001	0	0	24.54	5.38	$0
Feb 2001	0	0	27.75	5.77	$0
Jan 2001	0	0	27.47	8.40	$0
Dec 2000	0	0	26.88	9.12	$0
Nov 2000	0	0	32.21	5.66	$0
Oct 2000	1	0	31.23	5.15	$31
Sep 2000	69	1,200	31.87	5.19	$8,423
Aug 2000	220	3,925	29.64	4.54	$24,343
Jul 2000	235	4,052	28.53	4.09	$23,276
Jun 2000	267	4,078	29.30	4.40	$25,755
May 2000	293	4,327	27.26	3.68	$23,909
Apr 2000	297	4,371	24.51	3.12	$20,900
Mar 2000	206	4,982	28.42	2.86	$20,102
Feb 2000	210	4,934	27.62	2.73	$19,253
Jan 2000	233	5,451	25.27	2.48	$19,409
Dec 1999	259	5,620	24.28	2.42	$19,910
Nov 1999	255	5,391	23.19	2.43	$19,035
Oct 1999	235	5,910	20.98	2.80	$21,500
Sep 1999	182	5,930	21.75	2.62	$19,488
Aug 1999	198	6,223	19.26	2.88	$21,708
Jul 1999	196	6,347	17.89	2.37	$18,564
Jun 1999	191	6,304	15.94	2.36	$17,935
May 1999	205	6,865	15.79	2.32	$19,171
Apr 1999	204	6,551	15.10	2.21	$17,545
Mar 1999	22	6,913	12.47	1.84	$12,983
Feb 1999	21	6,365	9.98	1.82	$11,780
Jan 1999	24	7,080	10.38	1.90	$13,701
Dec 1998	22	6,988	9.20	1.77	$12,594
Nov 1998	22	6,869	10.89	2.19	$15,253
Oct 1998	27	7,629	12.42	1.97	$15,358
Sep 1998	101	7,458	12.59	2.08	$16,804
Aug 1998	115	6,926	11.30	1.91	$14,510
Jul 1998	116	6,247	11.74	2.24	$15,338
Jun 1998	114	5,722	11.24	2.24	$14,083
May 1998	135	6,452	12.62	2.21	$15,939
Apr 1998	138	6,710	13.04	2.51	$18,610
Mar 1998	169	7,451	12.80	2.31	$19,371
Feb 1998	186	6,654	13.95	2.30	$17,893
Jan 1998	206	7,309	14.70	2.15	$18,778
Dec 1997	188	7,385	16.32	2.41	$20,874
Nov 1997	221	7,348	18.19	3.09	$26,713
Oct 1997	226	8,442	19.25	3.15	$30,941
Sep 1997	85	8,564	17.74	2.95	$26,813
Aug 1997	88	8,997	17.86	2.55	$24,557
Jul 1997	87	8,781	17.58	2.25	$21,260
Jun 1997	120	9,009	17.24	2.26	$22,404
May 1997	137	10,381	18.97	2.31	$26,563
Apr 1997	124	10,098	17.88	2.08	$23,249
Mar 1997	100	10,918	18.95	1.94	$23,067
Feb 1997	102	10,679	20.49	2.21	$25,647
Jan 1997	144	15,240	23.48	3.54	$57,326
Dec 1996	118	12,701	23.32	—	$2,752
Nov 1996	0	0	21.97	—	$0
Oct 1996	0	0	23.31	—	$0
Sep 1996	5	0	22.22	—	$111
Aug 1996	217	10,012	20.26	—	$4,396
Jul 1996	778	38,923	19.55	—	$15,210
Jun 1996	800	39,272	18.73	—	$14,984
May 1996	732	40,887	19.43	—	$14,223
Apr 1996	877	41,553	21.51	—	$18,864
Mar 1996	610	45,697	19.38	—	$11,822
Feb 1996	586	44,111	16.98	—	$9,950
Jan 1996	654	48,792	17.07	—	$11,164
Dec 1995	586	52,654	17.19	—	$10,073
Nov 1995	598	53,855	16.00	—	$9,568
Oct 1995	730	59,692	15.43	—	$11,264
Sep 1995	1,177	58,869	16.18	—	$19,044
Aug 1995	1,350	66,175	15.92	—	$21,492
Jul 1995	1,489	73,239	15.24	—	$22,692
Jun 1995	1,631	78,439	16.41	—	$26,765
May 1995	1,261	60,618	17.56	—	$22,143
Apr 1995	1,558	67,123	17.73	—	$27,623
Mar 1995	2,690	114,749	16.44	—	$44,224
Feb 1995	2,815	115,292	16.58	—	$46,673
Jan 1995	3,298	141,373	15.92	—	$52,504
Dec 1994	3,984	177,414	15.03	—	$59,880
Nov 1994	1,826	144,381	15.90	—	$29,033

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.

Oct 2000 — as filed, then multipliedworked

Condensate             1 bbl  × $ 31.23 =        $31
Gas                    0 Mcf  × $  5.15 =         $0

────────────────────────────────────────────────────
Month total                                      $31

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/152412 is the state's own key, not one this site invented.