VILLAREAL

Operated by CORONADO ENERGY E&P COMPANY, LLC (P-5 179353) in the ALVARADO (VICKSBURG) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 210031District 04Field 021006252 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.4 M
Apr 2005 – May 2010
Value, last 12 filed months
$11 k
at the published price for each month
Months reported
62
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 90 leases and 90 wells, and the rule below applies to all of them.

Discovered
1993-06-15
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 2001-11-06.

The Commission's schedule remark for this field reads: AS A SINGLE RESERVOIR.

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 Gas112005-12-06166216
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
CondensateDisposition3,270 bbl$203,896
GasProduction146,482 Mcf$1,205,905
Total$1,409,801

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 26.7322, -98.3533. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.73219, -98.35328 · 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
11,056 ft
1 wells filed one
Completion to plug
5.1 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 11,056 ft.

Completions filed
Apr 2005
1 of 1 wells
Plug dates filed
May 2010
1 of 1 wells

Last completion to plug: a median of 5.1 years across the 1 well that filed both dates, with the middle half between 5.1 years and 5.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-427338121911,056 ftApr 2005May 2010Yes

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 (62)

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

62 months

May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 2010137078.394.39$10,739
Feb 20100073.585.44$0
Jan 20100074.365.96$0
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 2009022742.144.06$921
Feb 2009047632.814.63$2,205
Jan 2009088435.865.37$4,748
Dec 200820053437.105.98$10,612
Nov 2008051355.496.86$3,519
Oct 200801,19675.246.92$8,279
Sep 20080994101.767.88$7,830
Aug 20080670114.228.48$5,684
Jul 20081746131.0811.39$8,628
Jun 20081814131.3313.03$10,740
May 200801,037123.1711.57$12,003
Apr 2008241,421110.3110.45$17,504
Mar 20082441,317101.909.66$37,591
Feb 200801,30992.538.77$11,481
Jan 200801,15690.388.21$9,486
Dec 200701,41088.337.30$10,296
Nov 200701,53291.677.29$11,171
Oct 200705,28582.856.92$36,583
Sep 20071812,58475.846.24$29,862
Aug 200702,24969.066.39$14,366
Jul 200702,05270.906.39$13,108
Jun 200703,06962.007.55$23,166
May 200702,45158.747.85$19,231
Apr 200702,26759.617.81$17,694
Mar 20071983,08956.927.30$33,826
Feb 2007085055.108.22$6,984
Jan 200701,80150.306.73$12,115
Dec 200602,80656.656.92$19,413
Nov 20061302,64854.207.62$27,217
Oct 200603,04254.906.01$18,294
Sep 20061472,99460.085.04$23,913
Aug 200604,12968.717.34$30,307
Jul 2006863,54669.376.34$28,457
Jun 200604,02766.286.38$25,708
May 20061784,07466.016.42$37,925
Apr 200604,09364.397.36$30,126
Mar 20061923,79056.707.08$37,731
Feb 200603,56957.597.75$27,664
Jan 20061943,90660.598.93$46,648
Dec 200504,62754.9413.42$62,073
Nov 20051925,46354.6910.59$68,345
Oct 200508,06458.3413.80$111,249
Sep 20051895,13261.4512.08$73,603
Aug 20053866,67661.519.80$89,147
Jul 200507,35755.697.84$57,706
Jun 20055909,11852.337.38$98,175
May 2005011,65945.226.65$77,546
Apr 200503,82949.207.36$28,183

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.

Mar 2010 — as filed, then multipliedworked
Condensate           137 bbl  × $ 78.39 =    $10,739
Gas                    0 Mcf  × $  4.39 =         $0

────────────────────────────────────────────────────
Month total                                  $10,739

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/210031 is the state's own key, not one this site invented.