CALLAGHAN RANCH

Operated by HILCORP ENERGY COMPANY (P-5 386310) in the FINLEY-WEBB (LOBO CONS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 205986District 04Field 309504752 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.9 M
Dec 2004 – Apr 2021
Value, last 12 filed months
$2 k
at the published price for each month
Months reported
197
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 9 leases and 9 wells, and the rule below applies to all of them.

Discovered
2005-06-21
as the register files it
Field class
Gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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 Gas112005-09-19165096
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
CondensateDisposition982 bbl$59,532
GasProduction773,224 Mcf$4,793,881
Total$4,853,413

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 27.8876, -99.2226. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.88762, -99.22261 · 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
6,600 ft
1 wells filed one
Completion to plug
16.3 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 6,600 ft.

Completions filed
Dec 2004
1 of 1 wells
Plug dates filed
Apr 2021
1 of 1 wells

Last completion to plug: a median of 16.3 years across the 1 well that filed both dates, with the middle half between 16.3 years and 16.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-47938900616,600 ftDec 2004Apr 2021Yes

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 (197)

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

197 months

Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 202001034.901.69$17
May 2020084716.921.81$1,537
Apr 202001,60714.751.80$2,900
Mar 202001,83630.341.86$3,408
Feb 2020072849.881.98$1,442
Jan 202002,18657.252.09$4,579
Dec 201902,04259.012.30$4,706
Nov 201903,09855.302.75$8,522
Oct 201902,70553.472.42$6,542
Sep 201903,21955.052.66$8,554
Aug 201902,67553.112.30$6,164
Jul 201901,90856.272.46$4,694
Jun 201902,38052.782.49$5,929
May 201903,10958.482.74$8,520
Apr 201902,55962.632.75$7,039
Mar 201901,20256.803.06$3,681
Feb 201902,33450.852.79$6,517
Jan 201902,32446.033.23$7,502
Dec 201802,74546.594.19$11,489
Nov 201801,95552.934.24$8,284
Oct 20180061.443.40$0
Sep 201801,24959.543.11$3,882
Aug 201801,59159.403.07$4,879
Jul 201803,16865.142.93$9,288
Jun 201801,51860.183.08$4,671
May 201802,17565.382.90$6,309
Apr 201801,42063.842.90$4,119
Mar 201801,74561.222.79$4,863
Feb 201801,67761.782.77$4,639
Jan 201801,68662.874.01$6,760
Dec 201701,40057.272.92$4,090
Nov 201702,12355.423.12$6,620
Oct 201702,32249.292.98$6,928
Sep 201702,01347.523.09$6,215
Aug 201702,34145.373.00$7,033
Jul 201702,16743.873.09$6,690
Jun 201702,21642.493.09$6,841
May 201702,65145.373.26$8,651
Apr 201703,00947.933.21$9,664
Mar 201702,77946.772.98$8,292
Feb 201704,77050.452.95$14,084
Jan 201704,64749.413.42$15,887
Dec 201605,32248.763.72$19,813
Nov 201601,32542.492.64$3,504
Oct 201602,18746.193.09$6,758
Sep 201604,71841.553.10$14,629
Aug 201604,55541.442.92$13,320
Jul 201605,73241.622.92$16,762
Jun 201606,58045.352.69$17,673
May 201605,72142.521.99$11,391
Apr 201606,14136.561.99$12,227
Mar 201605,76933.011.79$10,350
Feb 201602,89926.472.06$5,982
Jan 201603,76727.352.36$8,907
Dec 201502,87832.362.00$5,760
Nov 201503,25638.792.17$7,057
Oct 201502,52743.552.43$6,132
Sep 2015036842.992.76$1,015
Aug 20150040.162.87$0
Jul 201501548.152.95$44
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 201222086.773.42$1,909
Nov 20120086.953.62$0
Oct 2012352,67889.383.40$12,233
Sep 201202,65594.672.92$7,748
Aug 201203,18792.662.91$9,268
Jul 201204,02985.133.02$12,171
Jun 2012322,26979.822.52$8,270
May 201203,31691.612.49$8,251
Apr 201202,973101.652.00$5,936
Mar 2012273,132105.052.22$9,796
Feb 201202,830101.102.57$7,274
Jan 201203,07598.092.73$8,407
Dec 201103,35296.873.24$10,860
Nov 201103,80295.723.31$12,589
Oct 201102,86884.983.65$10,464
Sep 201103,43283.623.99$13,679
Aug 201103,99683.404.15$16,581
Jul 2011193,91594.144.52$19,474
Jun 2011193,99392.904.64$20,292
May 201103,99998.134.40$17,615
Apr 201103,866105.964.33$16,752
Mar 2011143,59596.364.06$15,935
Feb 2011153,19185.644.18$14,623
Jan 2011163,58586.504.59$17,835
Dec 201003,63885.734.35$15,817
Nov 201003,38480.843.80$12,843
Oct 2010163,49878.103.51$13,524
Sep 2010163,19772.633.98$13,884
Aug 2010163,45973.684.42$16,465
Jul 201002,74772.554.74$13,011
Jun 201002,67270.364.91$13,121
May 2010192,37071.124.24$11,389
Apr 2010172,68681.694.12$12,462
Mar 2010162,50678.394.39$12,252
Feb 201001,95373.585.44$10,629
Jan 2010282,31174.365.96$15,865
Dec 200902,32971.445.48$12,772
Nov 2009172,57074.593.75$10,909
Oct 2009152,44572.544.11$11,138
Sep 2009122,06265.543.06$7,106
Aug 200902,13567.423.22$6,872
Jul 200902,80761.133.46$9,725
Jun 2009441,18866.163.90$7,538
May 200902,14454.743.93$8,417
Apr 200992,58646.773.59$9,698
Mar 200902,34742.144.06$9,526
Feb 200902,33532.814.63$10,818
Jan 200902,47735.865.37$13,304
Dec 200802,49237.105.98$14,895
Nov 200802,71555.496.86$18,626
Oct 200802,79875.246.92$19,368
Sep 200802,891101.767.88$22,773
Aug 200802,900114.228.48$24,601
Jul 200803,098131.0811.39$35,284
Jun 200802,861131.3313.03$37,286
May 200803,575123.1711.57$41,378
Apr 200803,631110.3110.45$37,962
Mar 200803,262101.909.66$31,524
Feb 200802,95392.538.77$25,900
Jan 200804,08490.388.21$33,512
Dec 200703,60288.337.30$26,302
Nov 200703,84391.677.29$28,022
Oct 200704,32882.856.92$29,958
Sep 200702,28175.846.24$14,243
Aug 200703,43869.066.39$21,962
Jul 200703,59970.906.39$22,990
Jun 200703,76762.007.55$28,435
May 200704,10658.747.85$32,217
Apr 200704,04659.617.81$31,580
Mar 200704,64156.927.30$33,888
Feb 200704,71655.108.22$38,747
Jan 200705,30750.306.73$35,699
Dec 200605,75056.656.92$39,781
Nov 200606,09454.207.62$46,421
Oct 200606,79854.906.01$40,882
Sep 200606,86960.085.04$34,601
Aug 200607,43368.717.34$54,558
Jul 200608,70869.376.34$55,233
Jun 200607,20866.286.38$46,015
May 200608,53766.016.42$54,850
Apr 200609,25364.397.36$68,107
Mar 200609,84456.707.08$69,724
Feb 2006010,23957.597.75$79,364
Jan 2006011,96460.598.93$106,878
Dec 2005012,53954.9413.42$168,216
Nov 2005013,94554.6910.59$147,655
Oct 2005016,08658.3413.80$221,919
Sep 2005016,74061.4512.08$202,202
Aug 2005017,90961.519.80$175,452
Jul 2005020,33555.697.84$159,500
Jun 2005023,07652.337.38$170,325
May 20052628,68645.226.65$191,971
Apr 2005035,48149.207.36$261,157
Mar 200517127,65250.377.15$206,460
Feb 200515325,23345.226.31$166,187
Jan 200511928,34843.166.32$184,358
Dec 20048934,08339.866.75$233,645

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 2020 — as filed, then multipliedworked
Condensate             0 bbl  × $ 34.90 =         $0
Gas                   10 Mcf  × $  1.69 =        $17

────────────────────────────────────────────────────
Month total                                      $17

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/205986 is the state's own key, not one this site invented.