READY, ROBERTS

Name: READY, ROBERTS lease production and value, Feb 2001 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by RODESSA OPERATING COMPANY (P-5 723592) in the ROSITA (10,250) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 182193District 04Field 783358002 tax incentive programmesCondensateGasSave Export

Value, all time

$1.9 M

Feb 2001 – Sep 2015

Value, last 12 filed months

at the published price for each month

Months reported

176

no gaps in the span

Streams

condensate, gas

The ROSITA (10,250) 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 3 leases and 3 wells, and the rule below applies to all of them.

Discovered

2000-09-02

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 2001-01-25.

The Commission's schedule remark for this field reads: “AOF-1 AND AOF-2 EFFECTIVE 04/01/2003.”

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	1	1	2003-06-05	150547
NGPA	1	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	3,228 bbl	$102,947
Gas	Production	358,085 Mcf	$1,789,967
Total			$1,892,913

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 27.8500, -98.4824. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.84997, -98.48238 · 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

10,817 ft

1 wells filed one

Completion to plug

14.5 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 10,817 ft.

Completions filed

Mar 2001

1 of 1 wells

Plug dates filed

Sep 2015

1 of 1 wells

Last completion to plug: a median of 14.5 years across the 1 well that filed both dates, with the middle half between 14.5 years and 14.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-13138430	1	10,817 ft	Mar 2001	Sep 2015	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 (176)

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

176 months


Sep 2015	0	0	42.99	2.76	$0
Aug 2015	0	0	40.16	2.87	$0
Jul 2015	0	0	48.15	2.95	$0
Jun 2015	0	0	56.15	2.88	$0
May 2015	0	0	55.21	2.96	$0
Apr 2015	0	0	49.82	2.71	$0
Mar 2015	0	0	42.89	2.93	$0
Feb 2015	0	0	44.66	2.98	$0
Jan 2015	0	0	43.43	3.10	$0
Dec 2014	0	0	54.69	3.59	$0
Nov 2014	0	0	70.46	4.25	$0
Oct 2014	0	0	78.30	3.90	$0
Sep 2014	0	0	86.16	4.05	$0
Aug 2014	0	0	89.39	4.04	$0
Jul 2014	0	0	96.56	4.18	$0
Jun 2014	0	0	98.16	4.74	$0
May 2014	0	0	94.73	4.73	$0
Apr 2014	0	0	95.94	4.81	$0
Mar 2014	0	0	95.89	5.06	$0
Feb 2014	0	0	97.40	6.19	$0
Jan 2014	0	0	90.40	4.86	$0
Dec 2013	0	0	91.82	4.35	$0
Nov 2013	0	0	88.85	3.74	$0
Oct 2013	0	0	97.42	3.78	$0
Sep 2013	0	0	104.11	3.72	$0
Aug 2013	0	0	104.25	3.52	$0
Jul 2013	0	0	102.52	3.72	$0
Jun 2013	0	0	94.40	3.93	$0
May 2013	0	0	94.83	4.15	$0
Apr 2013	0	0	93.96	4.28	$0
Mar 2013	0	0	93.62	3.91	$0
Feb 2013	0	0	91.23	3.42	$0
Jan 2013	0	0	91.60	3.42	$0
Dec 2012	0	0	86.77	3.42	$0
Nov 2012	0	0	86.95	3.62	$0
Oct 2012	0	0	89.38	3.40	$0
Sep 2012	0	0	94.67	2.92	$0
Aug 2012	0	0	92.66	2.91	$0
Jul 2012	0	0	85.13	3.02	$0
Jun 2012	0	0	79.82	2.52	$0
May 2012	0	0	91.61	2.49	$0
Apr 2012	0	0	101.65	2.00	$0
Mar 2012	0	0	105.05	2.22	$0
Feb 2012	0	0	101.10	2.57	$0
Jan 2012	0	0	98.09	2.73	$0
Dec 2011	0	0	96.87	3.24	$0
Nov 2011	0	0	95.72	3.31	$0
Oct 2011	0	0	84.98	3.65	$0
Sep 2011	0	0	83.62	3.99	$0
Aug 2011	0	0	83.40	4.15	$0
Jul 2011	0	0	94.14	4.52	$0
Jun 2011	0	0	92.90	4.64	$0
May 2011	0	0	98.13	4.40	$0
Apr 2011	0	0	105.96	4.33	$0
Mar 2011	0	0	96.36	4.06	$0
Feb 2011	0	0	85.64	4.18	$0
Jan 2011	0	0	86.50	4.59	$0
Dec 2010	0	0	85.73	4.35	$0
Nov 2010	0	0	80.84	3.80	$0
Oct 2010	0	0	78.10	3.51	$0
Sep 2010	0	0	72.63	3.98	$0
Aug 2010	0	0	73.68	4.42	$0
Jul 2010	0	0	72.55	4.74	$0
Jun 2010	0	0	70.36	4.91	$0
May 2010	144	58	71.12	4.24	$10,487
Apr 2010	0	0	81.69	4.12	$0
Mar 2010	0	0	78.39	4.39	$0
Feb 2010	0	0	73.58	5.44	$0
Jan 2010	0	0	74.36	5.96	$0
Dec 2009	0	0	71.44	5.48	$0
Nov 2009	0	0	74.59	3.75	$0
Oct 2009	0	0	72.54	4.11	$0
Sep 2009	0	0	65.54	3.06	$0
Aug 2009	0	0	67.42	3.22	$0
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	1,188	55.49	6.86	$8,150
Oct 2008	0	1,176	75.24	6.92	$8,140
Sep 2008	0	1,165	101.76	7.88	$9,177
Aug 2008	0	1,238	114.22	8.48	$10,502
Jul 2008	0	1,259	131.08	11.39	$14,339
Jun 2008	0	1,177	131.33	13.03	$15,339
May 2008	0	1,276	123.17	11.57	$14,769
Apr 2008	0	1,231	110.31	10.45	$12,870
Mar 2008	0	1,226	101.90	9.66	$11,848
Feb 2008	0	1,196	92.53	8.77	$10,490
Jan 2008	0	1,329	90.38	8.21	$10,905
Dec 2007	0	1,322	88.33	7.30	$9,653
Nov 2007	0	1,272	91.67	7.29	$9,275
Oct 2007	0	1,210	82.85	6.92	$8,376
Sep 2007	170	1,283	75.84	6.24	$20,904
Aug 2007	0	1,335	69.06	6.39	$8,528
Jul 2007	0	1,358	70.90	6.39	$8,675
Jun 2007	0	1,179	62.00	7.55	$8,900
May 2007	0	1,385	58.74	7.85	$10,867
Apr 2007	0	1,403	59.61	7.81	$10,951
Mar 2007	0	1,442	56.92	7.30	$10,529
Feb 2007	0	1,362	55.10	8.22	$11,190
Jan 2007	0	1,649	50.30	6.73	$11,093
Dec 2006	0	1,585	56.65	6.92	$10,966
Nov 2006	0	1,440	54.20	7.62	$10,969
Oct 2006	0	1,450	54.90	6.01	$8,720
Sep 2006	0	1,405	60.08	5.04	$7,077
Aug 2006	185	1,565	68.71	7.34	$24,198
Jul 2006	0	1,456	69.37	6.34	$9,235
Jun 2006	0	1,421	66.28	6.38	$9,071
May 2006	0	1,511	66.01	6.42	$9,708
Apr 2006	0	1,381	64.39	7.36	$10,165
Mar 2006	0	1,369	56.70	7.08	$9,697
Feb 2006	0	1,268	57.59	7.75	$9,828
Jan 2006	0	842	60.59	8.93	$7,522
Dec 2005	0	590	54.94	13.42	$7,915
Nov 2005	0	1,517	54.69	10.59	$16,063
Oct 2005	0	1,647	58.34	13.80	$22,722
Sep 2005	0	1,570	61.45	12.08	$18,964
Aug 2005	0	1,421	61.51	9.80	$13,921
Jul 2005	0	1,060	55.69	7.84	$8,314
Jun 2005	0	1,059	52.33	7.38	$7,817
May 2005	0	1,181	45.22	6.65	$7,855
Apr 2005	0	1,653	49.20	7.36	$12,167
Mar 2005	0	1,843	50.37	7.15	$13,186
Feb 2005	0	1,998	45.22	6.31	$12,611
Jan 2005	0	2,142	43.16	6.32	$13,542
Dec 2004	0	2,154	39.86	6.75	$14,542
Nov 2004	0	2,438	45.28	6.33	$15,434
Oct 2004	0	2,626	49.70	6.52	$17,109
Sep 2004	0	1,886	43.24	5.28	$9,965
Aug 2004	0	2,267	42.37	5.55	$12,583
Jul 2004	0	2,490	38.28	6.08	$15,150
Jun 2004	0	2,891	36.10	6.43	$18,598
May 2004	0	2,011	37.48	6.49	$13,061
Apr 2004	0	857	34.47	5.86	$5,021
Mar 2004	0	91	34.36	5.53	$503
Feb 2004	0	686	32.45	5.51	$3,780
Jan 2004	193	990	32.03	6.30	$12,418
Dec 2003	0	1,203	30.26	6.30	$7,581
Nov 2003	0	1,407	28.80	4.60	$6,465
Oct 2003	0	1,703	28.17	4.76	$8,106
Sep 2003	0	2,053	26.31	4.75	$9,750
Aug 2003	0	2,732	29.76	5.13	$14,014
Jul 2003	0	3,476	29.41	5.17	$17,974
Jun 2003	0	3,764	28.56	5.98	$22,520
May 2003	0	4,099	26.59	5.97	$24,482
Apr 2003	0	3,757	26.67	5.41	$20,315
Mar 2003	0	4,067	31.14	6.10	$24,793
Feb 2003	186	3,951	33.48	7.93	$37,542
Jan 2003	0	764	30.31	5.58	$4,265
Dec 2002	0	1,395	26.91	4.85	$6,771
Nov 2002	0	1,734	24.66	4.14	$7,173
Oct 2002	0	1,734	26.46	4.23	$7,333
Sep 2002	0	1,893	27.44	3.64	$6,881
Aug 2002	0	1,971	25.96	3.16	$6,237
Jul 2002	182	2,579	24.58	3.06	$12,370
Jun 2002	0	2,808	23.73	3.34	$9,374
May 2002	0	3,503	24.66	3.58	$12,555
Apr 2002	0	4,758	23.65	3.51	$16,712
Mar 2002	0	7,083	22.00	3.10	$21,977
Feb 2002	182	7,477	18.22	2.38	$21,079
Jan 2002	185	8,460	17.17	2.38	$23,275
Dec 2001	0	630	16.93	2.36	$1,490
Nov 2001	0	9,045	18.07	2.41	$21,758
Oct 2001	179	10,660	19.78	2.53	$30,498
Sep 2001	0	12,511	24.26	2.25	$28,166
Aug 2001	180	14,474	24.87	3.05	$48,668
Jul 2001	183	17,344	23.93	3.20	$59,829
Jun 2001	159	21,605	24.56	3.82	$86,526
May 2001	360	27,227	25.52	4.31	$126,463
Apr 2001	557	33,932	24.68	5.34	$194,785
Mar 2001	183	39,913	24.54	5.38	$219,081
Feb 2001	0	6,893	27.75	5.77	$39,752

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.

May 2010 — as filed, then multipliedworked

Condensate           144 bbl  × $ 71.12 =    $10,241
Gas                   58 Mcf  × $  4.24 =       $246

────────────────────────────────────────────────────
Month total                                  $10,487

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/182193 is the state's own key, not one this site invented.