CALLAGHAN RANCH

Name: CALLAGHAN RANCH lease production and value, Dec 2004 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

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 205991District 04Field 309504752 tax incentive programmesCondensateGasSave Export

Value, all time

$3.4 M

Dec 2004 – Mar 2021

Value, last 12 filed months

$10 k

at the published price for each month

Months reported

196

no gaps in the span

Streams

condensate, gas

The FINLEY-WEBB (LOBO CONS) 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 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.

Programme	Filings	With an approval date	Dated	Docket
High Cost Gas	1	1	2005-09-19	165095
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	1,797 bbl	$128,142
Gas	Production	620,317 Mcf	$3,267,091
Total			$3,395,233

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 27.8738, -99.2297. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.87379, -99.22969 · 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

6,600 ft

1 wells filed one

Completion to plug

15.8 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

Jun 2005

1 of 1 wells

Plug dates filed

Mar 2021

1 of 1 wells

Last completion to plug: a median of 15.8 years across the 1 well that filed both dates, with the middle half between 15.8 years and 15.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-47938815	60	6,600 ft	Jun 2005	Mar 2021	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 (196)

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

196 months


Mar 2021	0	0	61.30	2.72	$0
Feb 2021	0	0	57.80	5.55	$0
Jan 2021	0	0	50.41	2.81	$0
Dec 2020	0	0	44.64	2.68	$0
Nov 2020	0	0	38.77	2.71	$0
Oct 2020	0	0	36.97	2.48	$0
Sep 2020	0	0	37.09	1.99	$0
Aug 2020	0	0	39.98	2.39	$0
Jul 2020	0	0	38.37	1.83	$0
Jun 2020	0	64	34.90	1.69	$108
May 2020	0	2,832	16.92	1.81	$5,139
Apr 2020	0	2,378	14.75	1.80	$4,291
Mar 2020	0	2,453	30.34	1.86	$4,553
Feb 2020	0	2,361	49.88	1.98	$4,676
Jan 2020	0	2,546	57.25	2.09	$5,333
Dec 2019	0	1,920	59.01	2.30	$4,424
Nov 2019	0	2,038	55.30	2.75	$5,606
Oct 2019	0	2,219	53.47	2.42	$5,367
Sep 2019	0	2,139	55.05	2.66	$5,684
Aug 2019	0	2,979	53.11	2.30	$6,865
Jul 2019	15	2,548	56.27	2.46	$7,112
Jun 2019	0	2,386	52.78	2.49	$5,944
May 2019	0	2,520	58.48	2.74	$6,906
Apr 2019	0	2,330	62.63	2.75	$6,409
Mar 2019	0	2,106	56.80	3.06	$6,449
Feb 2019	0	2,210	50.85	2.79	$6,171
Jan 2019	0	1,845	46.03	3.23	$5,956
Dec 2018	63	2,986	46.59	4.19	$15,433
Nov 2018	0	3,583	52.93	4.24	$15,182
Oct 2018	0	0	61.44	3.40	$0
Sep 2018	0	1,296	59.54	3.11	$4,028
Aug 2018	0	2,508	59.40	3.07	$7,691
Jul 2018	0	2,606	65.14	2.93	$7,640
Jun 2018	0	2,055	60.18	3.08	$6,323
May 2018	0	2,263	65.38	2.90	$6,565
Apr 2018	0	2,335	63.84	2.90	$6,773
Mar 2018	0	2,542	61.22	2.79	$7,084
Feb 2018	0	2,217	61.78	2.77	$6,132
Jan 2018	0	2,526	62.87	4.01	$10,128
Dec 2017	0	2,379	57.27	2.92	$6,950
Nov 2017	0	2,301	55.42	3.12	$7,175
Oct 2017	0	2,875	49.29	2.98	$8,578
Sep 2017	23	2,551	47.52	3.09	$8,969
Aug 2017	0	2,764	45.37	3.00	$8,304
Jul 2017	0	2,348	43.87	3.09	$7,249
Jun 2017	0	2,321	42.49	3.09	$7,166
May 2017	0	2,365	45.37	3.26	$7,718
Apr 2017	0	2,533	47.93	3.21	$8,135
Mar 2017	0	2,331	46.77	2.98	$6,955
Feb 2017	0	2,563	50.45	2.95	$7,568
Jan 2017	0	2,314	49.41	3.42	$7,911
Dec 2016	0	2,153	48.76	3.72	$8,015
Nov 2016	0	2,287	42.49	2.64	$6,048
Oct 2016	0	2,347	46.19	3.09	$7,253
Sep 2016	0	3,118	41.55	3.10	$9,668
Aug 2016	0	2,915	41.44	2.92	$8,524
Jul 2016	0	3,017	41.62	2.92	$8,823
Jun 2016	0	2,851	45.35	2.69	$7,657
May 2016	0	2,697	42.52	1.99	$5,370
Apr 2016	0	2,382	36.56	1.99	$4,743
Mar 2016	0	2,424	33.01	1.79	$4,349
Feb 2016	0	1,470	26.47	2.06	$3,034
Jan 2016	0	2,333	27.35	2.36	$5,516
Dec 2015	0	2,157	32.36	2.00	$4,317
Nov 2015	0	2,253	38.79	2.17	$4,883
Oct 2015	0	2,884	43.55	2.43	$6,998
Sep 2015	0	2,745	42.99	2.76	$7,572
Aug 2015	0	2,917	40.16	2.87	$8,379
Jul 2015	0	3,083	48.15	2.95	$9,080
Jun 2015	0	3,119	56.15	2.88	$8,992
May 2015	0	1,217	55.21	2.96	$3,597
Apr 2015	0	3,633	49.82	2.71	$9,833
Mar 2015	0	2,829	42.89	2.93	$8,302
Feb 2015	20	2,478	44.66	2.98	$8,268
Jan 2015	0	3,590	43.43	3.10	$11,131
Dec 2014	98	2,913	54.69	3.59	$15,821
Nov 2014	0	3,138	70.46	4.25	$13,342
Oct 2014	99	4,006	78.30	3.90	$23,379
Sep 2014	38	1,994	86.16	4.05	$11,341
Aug 2014	70	2,924	89.39	4.04	$18,056
Jul 2014	0	2,466	96.56	4.18	$10,307
Jun 2014	0	2,672	98.16	4.74	$12,657
May 2014	70	2,650	94.73	4.73	$19,156
Apr 2014	0	2,732	95.94	4.81	$13,139
Mar 2014	63	2,709	95.89	5.06	$19,740
Feb 2014	0	2,549	97.40	6.19	$15,783
Jan 2014	64	2,865	90.40	4.86	$19,712
Dec 2013	79	2,535	91.82	4.35	$18,292
Nov 2013	0	2,154	88.85	3.74	$8,052
Oct 2013	0	2,496	97.42	3.78	$9,433
Sep 2013	0	2,543	104.11	3.72	$9,454
Aug 2013	0	2,593	104.25	3.52	$9,134
Jul 2013	0	2,624	102.52	3.72	$9,755
Jun 2013	0	2,547	94.40	3.93	$10,018
May 2013	71	2,566	94.83	4.15	$17,379
Apr 2013	0	2,451	93.96	4.28	$10,497
Mar 2013	0	2,560	93.62	3.91	$10,017
Feb 2013	0	2,332	91.23	3.42	$7,975
Jan 2013	45	2,496	91.60	3.42	$12,658
Dec 2012	57	2,410	86.77	3.42	$13,188
Nov 2012	0	2,347	86.95	3.62	$8,508
Oct 2012	39	2,633	89.38	3.40	$12,437
Sep 2012	0	2,058	94.67	2.92	$6,006
Aug 2012	0	2,571	92.66	2.91	$7,477
Jul 2012	0	2,786	85.13	3.02	$8,416
Jun 2012	30	2,569	79.82	2.52	$8,866
May 2012	0	2,916	91.61	2.49	$7,256
Apr 2012	0	2,567	101.65	2.00	$5,126
Mar 2012	26	2,424	105.05	2.22	$8,118
Feb 2012	0	2,175	101.10	2.57	$5,590
Jan 2012	0	2,583	98.09	2.73	$7,062
Dec 2011	0	2,635	96.87	3.24	$8,537
Nov 2011	0	2,960	95.72	3.31	$9,801
Oct 2011	0	2,332	84.98	3.65	$8,508
Sep 2011	0	2,536	83.62	3.99	$10,108
Aug 2011	0	2,723	83.40	4.15	$11,299
Jul 2011	21	2,988	94.14	4.52	$15,474
Jun 2011	21	2,877	92.90	4.64	$15,300
May 2011	0	2,971	98.13	4.40	$13,087
Apr 2011	0	3,029	105.96	4.33	$13,126
Mar 2011	22	2,945	96.36	4.06	$14,069
Feb 2011	22	2,564	85.64	4.18	$12,602
Jan 2011	24	2,993	86.50	4.59	$15,810
Dec 2010	0	3,055	85.73	4.35	$13,282
Nov 2010	0	2,910	80.84	3.80	$11,044
Oct 2010	23	2,999	78.10	3.51	$12,319
Sep 2010	23	2,991	72.63	3.98	$13,573
Aug 2010	22	3,099	73.68	4.42	$15,317
Jul 2010	0	2,544	72.55	4.74	$12,050
Jun 2010	0	2,682	70.36	4.91	$13,170
May 2010	23	2,711	71.12	4.24	$13,117
Apr 2010	21	3,119	81.69	4.12	$14,574
Mar 2010	20	2,578	78.39	4.39	$12,882
Feb 2010	0	2,321	73.58	5.44	$12,632
Jan 2010	35	2,601	74.36	5.96	$18,115
Dec 2009	0	2,579	71.44	5.48	$14,143
Nov 2009	21	2,596	74.59	3.75	$11,305
Oct 2009	18	2,758	72.54	4.11	$12,642
Sep 2009	14	2,665	65.54	3.06	$9,085
Aug 2009	0	2,220	67.42	3.22	$7,145
Jul 2009	0	2,438	61.13	3.46	$8,446
Jun 2009	44	1,447	66.16	3.90	$8,547
May 2009	0	1,968	54.74	3.93	$7,726
Apr 2009	9	2,378	46.77	3.59	$8,952
Mar 2009	0	2,179	42.14	4.06	$8,845
Feb 2009	0	1,964	32.81	4.63	$9,099
Jan 2009	0	2,419	35.86	5.37	$12,992
Dec 2008	0	2,422	37.10	5.98	$14,477
Nov 2008	0	2,770	55.49	6.86	$19,003
Oct 2008	0	2,821	75.24	6.92	$19,527
Sep 2008	0	3,011	101.76	7.88	$23,718
Aug 2008	0	3,268	114.22	8.48	$27,723
Jul 2008	0	3,048	131.08	11.39	$34,715
Jun 2008	0	2,827	131.33	13.03	$36,843
May 2008	0	3,201	123.17	11.57	$37,049
Apr 2008	0	2,579	110.31	10.45	$26,963
Mar 2008	0	2,583	101.90	9.66	$24,962
Feb 2008	0	2,015	92.53	8.77	$17,673
Jan 2008	0	2,506	90.38	8.21	$20,564
Dec 2007	0	2,598	88.33	7.30	$18,971
Nov 2007	0	2,646	91.67	7.29	$19,294
Oct 2007	0	3,012	82.85	6.92	$20,849
Sep 2007	0	2,637	75.84	6.24	$16,466
Aug 2007	0	3,081	69.06	6.39	$19,681
Jul 2007	0	2,760	70.90	6.39	$17,631
Jun 2007	0	2,653	62.00	7.55	$20,026
May 2007	0	2,811	58.74	7.85	$22,056
Apr 2007	0	3,131	59.61	7.81	$24,438
Mar 2007	0	3,015	56.92	7.30	$22,015
Feb 2007	0	2,698	55.10	8.22	$22,167
Jan 2007	0	2,960	50.30	6.73	$19,911
Dec 2006	0	3,069	56.65	6.92	$21,233
Nov 2006	0	3,251	54.20	7.62	$24,764
Oct 2006	0	3,584	54.90	6.01	$21,553
Sep 2006	0	3,489	60.08	5.04	$17,575
Aug 2006	0	4,052	68.71	7.34	$29,741
Jul 2006	0	3,727	69.37	6.34	$23,639
Jun 2006	0	4,458	66.28	6.38	$28,459
May 2006	0	4,630	66.01	6.42	$29,748
Apr 2006	0	3,769	64.39	7.36	$27,742
Mar 2006	0	4,272	56.70	7.08	$30,258
Feb 2006	0	4,268	57.59	7.75	$33,082
Jan 2006	0	5,463	60.59	8.93	$48,803
Dec 2005	0	5,074	54.94	13.42	$68,070
Nov 2005	0	2,788	54.69	10.59	$29,520
Oct 2005	0	4,051	58.34	13.80	$55,887
Sep 2005	0	4,854	61.45	12.08	$58,631
Aug 2005	0	5,961	61.51	9.80	$58,399
Jul 2005	0	6,908	55.69	7.84	$54,184
Jun 2005	0	5,344	52.33	7.38	$39,444
May 2005	24	10,199	45.22	6.65	$68,920
Apr 2005	0	14,425	49.20	7.36	$106,175
Mar 2005	102	16,506	50.37	7.15	$123,236
Feb 2005	118	19,412	45.22	6.31	$127,863
Jan 2005	103	24,449	43.16	6.32	$159,017
Dec 2004	97	37,598	39.86	6.75	$257,694

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                   64 Mcf  × $  1.69 =       $108

────────────────────────────────────────────────────
Month total                                     $108

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/205991 is the state's own key, not one this site invented.