FROST NATIONAL BANK

Operated by CIMAREX ENERGY CO. OF COLORADO (P-5 153429) in the RANCHO SOLO (WILCOX F-1) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 167872District 04Field 745549002 tax incentive programmesCondensateGasSaveExport
Value, all time
$496 k
Nov 1997 – Oct 2011
Value, last 12 filed months
$0
at the published price for each month
Months reported
168
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 2 leases and 2 wells, and the rule below applies to all of them.

Discovered
1997-11-24
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

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 Gas112004-02-11155383
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
CondensateDisposition39 bbl$641
GasProduction156,243 Mcf$494,985
Total$495,626

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 27.6191, -98.7335. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.61912, -98.73351 · 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
15,701 ft
1 wells filed one
Completion to plug
13.9 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 15,701 ft.

Completions filed
Nov 1997
1 of 1 wells
Plug dates filed
Oct 2011
1 of 1 wells

Last completion to plug: a median of 13.9 years across the 1 well that filed both dates, with the middle half between 13.9 years and 13.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-13138161115,701 ftNov 1997Oct 2011Yes

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 (168)

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

168 months

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 20090071.445.48$0
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 20090046.773.59$0
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 200800131.0811.39$0
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 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
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 20060360.085.04$15
Aug 20060768.717.34$51
Jul 20060669.376.34$38
Jun 20060066.286.38$0
May 200601666.016.42$103
Apr 200603564.397.36$258
Mar 200604856.707.08$340
Feb 200602257.597.75$171
Jan 200607760.598.93$688
Dec 2005034554.9413.42$4,628
Nov 2005038254.6910.59$4,045
Oct 2005017258.3413.80$2,373
Sep 2005024161.4512.08$2,911
Aug 2005020461.519.80$1,999
Jul 2005020255.697.84$1,584
Jun 2005029052.337.38$2,141
May 2005028645.226.65$1,902
Apr 2005026049.207.36$1,914
Mar 2005016450.377.15$1,173
Feb 2005019545.226.31$1,231
Jan 200506643.166.32$417
Dec 2004012839.866.75$864
Nov 20040045.286.33$0
Oct 2004018249.706.52$1,186
Sep 200408043.245.28$423
Aug 200407242.375.55$400
Jul 200408938.286.08$541
Jun 2004011036.106.43$708
May 2004014037.486.49$909
Apr 200409234.475.86$539
Mar 200407234.365.53$398
Feb 2004016532.455.51$909
Jan 2004028732.036.30$1,808
Dec 2003041930.266.30$2,640
Nov 2003031128.804.60$1,429
Oct 2003023528.174.76$1,119
Sep 2003041826.314.75$1,985
Aug 2003052529.765.13$2,693
Jul 2003049229.415.17$2,544
Jun 2003057228.565.98$3,422
May 2003028426.595.97$1,696
Apr 2003052326.675.41$2,828
Mar 2003029231.146.10$1,780
Feb 2003049733.487.93$3,939
Jan 2003064230.315.58$3,584
Dec 2002062926.914.85$3,053
Nov 2002042324.664.14$1,750
Oct 2002063426.464.23$2,681
Sep 2002053927.443.64$1,959
Aug 2002040825.963.16$1,291
Jul 2002033924.583.06$1,038
Jun 2002035723.733.34$1,192
May 2002046724.663.58$1,674
Apr 2002039723.653.51$1,394
Mar 2002048822.003.10$1,514
Feb 2002031118.222.38$739
Jan 2002039717.172.38$943
Dec 2001043916.932.36$1,038
Nov 2001038118.072.41$917
Oct 2001062219.782.53$1,573
Sep 2001051924.262.25$1,168
Aug 2001068124.873.05$2,079
Jul 2001048623.933.20$1,554
Jun 2001028624.563.82$1,094
May 2001063125.524.31$2,718
Apr 2001068624.685.34$3,660
Mar 200104924.545.38$263
Feb 200102,68727.755.77$15,496
Jan 200103,35127.478.40$28,144
Dec 200003,36526.889.12$30,697
Nov 200001,26932.215.66$7,180
Oct 200001,13931.235.15$5,861
Sep 200002,07031.875.19$10,736
Aug 2000086829.644.54$3,941
Jul 200002,55328.534.09$10,441
Jun 200001,60329.304.40$7,049
May 200001,25527.263.68$4,618
Apr 2000081724.513.12$2,546
Mar 200001,21928.422.86$3,486
Feb 200001,38427.622.73$3,773
Jan 200011,56625.272.48$3,910
Dec 199921,54824.282.42$3,800
Nov 199901,35623.192.43$3,300
Oct 1999098820.982.80$2,770
Sep 199901,35521.752.62$3,549
Aug 199901,21419.262.88$3,491
Jul 199981,61817.892.37$3,982
Jun 199901,14315.942.36$2,700
May 199902,37015.792.32$5,501
Apr 199902,52515.102.21$5,575
Mar 199902,77912.471.84$5,109
Feb 199903,2329.981.82$5,875
Jan 199903,24210.381.90$6,160
Dec 199802,7459.201.77$4,868
Nov 199803,16210.892.19$6,911
Oct 199803,01912.421.97$5,945
Sep 199803,48612.592.08$7,260
Aug 199804,17611.301.91$7,965
Jul 199805,74011.742.24$12,842
Jun 199804,89811.242.24$10,958
May 199805,54012.622.21$12,223
Apr 1998010,31513.042.51$25,842
Mar 199846,20112.802.31$14,372
Feb 199847,46513.952.30$17,219
Jan 1998610,31514.702.15$22,315
Dec 19971413,31416.322.41$32,330
Nov 199707,53418.193.09$23,267

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.

Sep 2006 — as filed, then multipliedworked
Condensate             0 bbl  × $ 60.08 =         $0
Gas                    3 Mcf  × $  5.04 =        $15

────────────────────────────────────────────────────
Month total                                      $15

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/167872 is the state's own key, not one this site invented.