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 170951District 04Field 932154002 tax incentive programmesCondensateGasSaveExport
Value, all time
$491 k
Oct 1998 – May 2009
Value, last 12 filed months
$0
at the published price for each month
Months reported
128
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 Gas111999-01-29140010
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
CondensateDisposition1,292 bbl$24,878
GasProduction155,859 Mcf$466,511
Total$491,389

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 27.7155, -99.0452. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.71552, -99.04521 · 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
10,700 ft
1 wells filed one
Completion to plug
10.6 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 10,700 ft.

Completions filed
Oct 1998
1 of 1 wells
Plug dates filed
May 2009
1 of 1 wells

Last completion to plug: a median of 10.6 years across the 1 well that filed both dates, with the middle half between 10.6 years and 10.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4793707711810,700 ftOct 1998May 2009Yes

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 (128)

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

128 months

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 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 200501655.697.84$126
Jun 2005031552.337.38$2,325
May 200501,99445.226.65$13,262
Apr 2005075749.207.36$5,572
Mar 200502450.377.15$172
Feb 2005046445.226.31$2,929
Jan 2005031643.166.32$1,998
Dec 2004054239.866.75$3,659
Nov 2004065045.286.33$4,115
Oct 20047935249.706.52$6,220
Sep 2004040643.245.28$2,145
Aug 2004043842.375.55$2,431
Jul 2004038138.286.08$2,318
Jun 2004021936.106.43$1,409
May 2004018737.486.49$1,214
Apr 2004031634.475.86$1,851
Mar 2004049234.365.53$2,721
Feb 2004043332.455.51$2,386
Jan 2004069232.036.30$4,359
Dec 2003026630.266.30$1,676
Nov 200301,13928.804.60$5,234
Oct 2003082628.174.76$3,931
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 2003059329.415.17$3,066
Jun 200301,95628.565.98$11,703
May 2003060526.595.97$3,613
Apr 2003056426.675.41$3,050
Mar 200309231.146.10$561
Feb 200306433.487.93$507
Jan 2003015330.315.58$854
Dec 2002043226.914.85$2,097
Nov 2002090624.664.14$3,748
Oct 2002991,01126.464.23$6,895
Sep 2002095827.443.64$3,483
Aug 2002030425.963.16$962
Jul 2002094724.583.06$2,899
Jun 200201,07323.733.34$3,582
May 2002082924.663.58$2,971
Apr 200201,45423.653.51$5,107
Mar 200201,07122.003.10$3,323
Feb 2002088818.222.38$2,110
Jan 200201,87417.172.38$4,452
Dec 20010016.932.36$0
Nov 200101,58518.072.41$3,813
Oct 2001066419.782.53$1,679
Sep 200101,24324.262.25$2,798
Aug 2001064624.873.05$1,972
Jul 2001064623.933.20$2,065
Jun 20011251,53524.563.82$8,940
May 2001061125.524.31$2,632
Apr 2001027724.685.34$1,478
Mar 2001079724.545.38$4,285
Feb 200101,28427.755.77$7,405
Jan 200102,26627.478.40$19,032
Dec 200001,39026.889.12$12,680
Nov 2000062332.215.66$3,525
Oct 200002,26331.235.15$11,644
Sep 2000062531.875.19$3,242
Aug 2000086729.644.54$3,937
Jul 2000095628.534.09$3,910
Jun 200001,00829.304.40$4,432
May 2000802,15627.263.68$10,114
Apr 200002,57024.513.12$8,008
Mar 200001,56428.422.86$4,473
Feb 200002,46227.622.73$6,713
Jan 2000037925.272.48$940
Dec 199902,13824.282.42$5,182
Nov 19991692,41623.192.43$9,800
Oct 199902,46120.982.80$6,900
Sep 199902,60121.752.62$6,812
Aug 199902,84319.262.88$8,175
Jul 199903,13517.892.37$7,437
Jun 19991793,79015.942.36$11,806
May 199904,63815.792.32$10,765
Apr 199904,70215.102.21$10,382
Mar 199905,53512.471.84$10,175
Feb 199906,6129.981.82$12,019
Jan 19991856,11410.381.90$13,537
Dec 1998010,6149.201.77$18,822
Nov 199818418,78310.892.19$43,058
Oct 199819224,06112.421.97$49,766

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.

Jul 2005 — as filed, then multipliedworked
Condensate             0 bbl  × $ 55.69 =         $0
Gas                   16 Mcf  × $  7.84 =       $126

────────────────────────────────────────────────────
Month total                                     $126

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/170951 is the state's own key, not one this site invented.