BARRERA

Operated by CORONADO ENERGY E&P COMPANY, LLC (P-5 179353) in the LA REFORMA, N. (VXBG. X-1) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 212197District 04Field 509554502 tax incentive programmesCondensateGasSaveExport
Value, all time
$10.2 M
Sep 2005 – Jan 2009
Value, last 12 filed months
$1.0 M
at the published price for each month
Months reported
41
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 6 leases and 6 wells, and the rule below applies to all of them.

Discovered
1985-05-23
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

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 08/01/2005.

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 Gas112006-12-15171906
NGPA2none

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
CondensateDisposition22,860 bbl$1,460,586
GasProduction999,311 Mcf$8,697,790
Total$10,158,376

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 26.6863, -98.3669. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.68629, -98.36687 · 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
0.0%
0 of 1 wells
Median depth
9,992 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
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 9,992 ft.

Completions filed
Aug 2008
1 of 1 wells

1 well

42-2153336229,992 ftAug 2008Yes

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 (41)

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

41 months

Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 20084020101.767.88$40,908
Aug 2008010,680114.228.48$90,599
Jul 200808,752131.0811.39$99,680
Jun 2008015,744131.3313.03$205,186
May 20081558,042123.1711.57$112,172
Apr 200835414,004110.3110.45$185,460
Mar 200839212,327101.909.66$159,074
Feb 200820012,69792.538.77$129,866
Jan 200819814,80490.388.21$139,373
Dec 200719816,37188.337.30$137,030
Nov 200720216,43091.677.29$138,320
Oct 200739317,27182.856.92$152,110
Sep 200737715,65075.846.24$126,313
Aug 200738418,46469.066.39$144,466
Jul 200719517,36270.906.39$124,733
Jun 200739518,51062.007.55$164,212
May 200738720,30258.747.85$182,028
Apr 200730319,31859.617.81$168,843
Mar 200758418,72356.927.30$169,956
Feb 200739619,63655.108.22$183,149
Jan 200740122,00350.306.73$168,181
Dec 200639719,09456.656.92$154,591
Nov 200659319,72854.207.62$182,418
Oct 200676623,60954.906.01$184,033
Sep 200652522,81960.085.04$146,486
Aug 200671628,16568.717.34$255,925
Jul 200679029,71569.376.34$243,277
Jun 200669632,67566.286.38$254,724
May 200697841,95766.016.42$334,132
Apr 20061,15743,01164.397.36$391,081
Mar 20061,16949,65956.707.08$418,013
Feb 20061,38764,36157.597.75$578,747
Jan 20062,16590,17960.598.93$936,775
Dec 20052,59290,72154.9413.42$1,359,463
Nov 20051,57863,84854.6910.59$762,349
Oct 20051,43554,68258.3413.80$838,098
Sep 200507,99861.4512.08$96,608

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 2008 — as filed, then multipliedworked
Condensate           402 bbl  × $101.76 =    $40,908
Gas                    0 Mcf  × $  7.88 =         $0

────────────────────────────────────────────────────
Month total                                  $40,908

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/212197 is the state's own key, not one this site invented.