CAGE RANCH

Operated by WESTPORT OIL AND GAS COMPANY, LP (P-5 912927) in the ELLEN, NW (MYRICK CONSOLIDATED) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 201081District 04Field 28428250CondensateGasSave
Value, all time
$936 k
Apr 2004 – Jan 2006
Value, last 12 filed months
$37 k
at the published price for each month
Months reported
22
no gaps in the span
Streams
2
condensate, gas

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
CondensateDisposition958 bbl$38,856
GasProduction144,225 Mcf$897,091
Total$935,947

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 27.1499, -98.1847. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.14994, -98.18472 · 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
9,279 ft
1 wells filed one
Completion to plug
3.4 years
median over 1 wells

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 9,279 ft.

Completions filed
Aug 2005
1 of 1 wells
Plug dates filed
Jan 2009
1 of 1 wells

Last completion to plug: a median of 3.4 years across the 1 well that filed both dates, with the middle half between 3.4 years and 3.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-0473213120 T9,279 ftAug 2005Jan 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 (22)

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

22 months

Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 200536061.4512.08$2,212
Aug 2005060961.519.80$5,966
Jul 2005017255.697.84$1,349
Jun 2005033152.337.38$2,443
May 2005070745.226.65$4,702
Apr 2005048949.207.36$3,599
Mar 200501,29750.377.15$9,280
Feb 20054287045.226.31$7,391
Jan 200501,29743.166.32$8,200
Dec 2004063939.866.75$4,314
Nov 200404,04245.286.33$25,588
Oct 20041736,20449.706.52$49,018
Sep 200409,43143.245.28$49,832
Aug 2004016,70742.375.55$92,735
Jul 200417628,76038.286.08$181,718
Jun 200435731,01336.106.43$212,395
May 200417438,73037.486.49$258,057
Apr 200402,92734.475.86$17,148

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 2005 — as filed, then multipliedworked
Condensate            36 bbl  × $ 61.45 =     $2,212
Gas                    0 Mcf  × $ 12.08 =         $0

────────────────────────────────────────────────────
Month total                                   $2,212

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/201081 is the state's own key, not one this site invented.