DCRC 196 NCT-12

Operated by KILLAM OIL CO., LTD. (P-5 460054) in the FREER RANCH (2ND QUEEN CITY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 178045District 04Field 32947599CondensateGasSaveExport
Value, all time
$119 k
May 2000 – Jul 2001
Value, last 12 filed months
$74 k
at the published price for each month
Months reported
15
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
2000-05-08
as the register files it
Field class
Oil and 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: AOF-1 AND AOF-2 EFFECTIVE 07/01/2002.

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
CondensateDisposition780 bbl$22,534
GasProduction19,147 Mcf$96,411
Total$118,944

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 27.7240, -98.7475. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.72403, -98.74754 · 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
0.0%
0 of 1 wells
Median depth
5,910 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
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 5,910 ft.

Completions filed
Jun 2012
1 of 1 wells

1 well

42-1313821615,910 ftJun 2012Yes

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 (15)

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

15 months

Jul 20010023.933.20$0
Jun 20013823424.563.82$1,828
May 20013656525.524.31$3,352
Apr 20013892624.685.34$5,878
Mar 20013451624.545.38$3,609
Feb 20012280327.755.77$5,241
Jan 20014485727.478.40$8,406
Dec 20006398726.889.12$10,697
Nov 20009894332.215.66$8,492
Oct 2000811,13931.235.15$8,390
Sep 2000831,24731.875.19$9,113
Aug 2000771,46729.644.54$8,944
Jul 2000862,27828.534.09$11,770
Jun 2000736,20829.304.40$29,437
May 2000797727.263.68$3,786

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.

Jun 2001 — as filed, then multipliedworked
Condensate            38 bbl  × $ 24.56 =       $933
Gas                  234 Mcf  × $  3.82 =       $895

────────────────────────────────────────────────────
Month total                                   $1,828

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/178045 is the state's own key, not one this site invented.