DAY

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 180613District 04Field 932154002 tax incentive programmesCondensateGasSaveExport
Value, all time
$405 k
Jan 2001 – Dec 2009
Value, last 12 filed months
$0
at the published price for each month
Months reported
108
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 Gas112002-05-15147398
NGPA2none

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
CondensateDisposition320 bbl$18,810
GasProduction53,747 Mcf$386,516
Total$405,326

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 27.6785, -99.1076. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.67845, -99.10761 · 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
9,851 ft
1 wells filed one
Completion to plug
2.7 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 9,851 ft.

Completions filed
Feb 2006
1 of 1 wells
Plug dates filed
Oct 2008
1 of 1 wells

Last completion to plug: a median of 2.7 years across the 1 well that filed both dates, with the middle half between 2.7 years and 2.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-47937553119,851 ftFeb 2006Oct 2008Yes

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 (108)

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

108 months

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 2008024114.228.48$204
Jul 2008028131.0811.39$319
Jun 2008043131.3313.03$560
May 2008065123.1711.57$752
Apr 2008071110.3110.45$742
Mar 2008068101.909.66$657
Feb 200806792.538.77$588
Jan 200807190.388.21$583
Dec 200707488.337.30$540
Nov 200707391.677.29$532
Oct 200708182.856.92$561
Sep 200709875.846.24$612
Aug 200709269.066.39$588
Jul 2007030170.906.39$1,923
Jun 20070062.007.55$0
May 200702558.747.85$196
Apr 2007012259.617.81$952
Mar 200711228356.927.30$8,442
Feb 20070055.108.22$0
Jan 2007064050.306.73$4,305
Dec 2006098056.656.92$6,780
Nov 200601,28954.207.62$9,819
Oct 200601,06254.906.01$6,387
Sep 200601,36060.085.04$6,851
Aug 200601,32468.717.34$9,718
Jul 200601,53369.376.34$9,723
Jun 200602,00266.286.38$12,781
May 200603,55866.016.42$22,860
Apr 20061784,63064.397.36$45,540
Mar 200605,96356.707.08$42,235
Feb 2006012,57057.597.75$97,432
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 200430032.455.51$974
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 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 200102318.072.41$55
Oct 2001041419.782.53$1,047
Sep 20010524.262.25$11
Aug 2001047724.873.05$1,456
Jul 2001033823.933.20$1,081
Jun 20010024.563.82$0
May 2001012925.524.31$556
Apr 2001031524.685.34$1,681
Mar 2001069324.545.38$3,726
Feb 200102,43827.755.77$14,060
Jan 2001010,41827.478.40$87,498

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.

Aug 2008 — as filed, then multipliedworked
Condensate             0 bbl  × $114.22 =         $0
Gas                   24 Mcf  × $  8.48 =       $204

────────────────────────────────────────────────────
Month total                                     $204

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/180613 is the state's own key, not one this site invented.