CANALES

Operated by BLUESTONE NATURAL RES. II, LLC (P-5 76861) in the T PATCH (REKLAW OSO) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 214807District 04Field 880313702 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.3 M
Nov 2005 – Jun 2015
Value, last 12 filed months
$21 k
at the published price for each month
Months reported
116
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 47 leases and 47 wells, and the rule below applies to all of them.

Discovered
2004-10-22
as the register files it
Field class
Gas
the register's own label
Between wells
933 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 2005-10-25.

The Commission's schedule remark for this field reads: TO 8370'.

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 Gas112006-12-15171716
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
CondensateDisposition17,470 bbl$1,108,925
GasProduction627,611 Mcf$5,239,883
Total$6,348,808

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 26.7122, -98.9508. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.71215, -98.95080 · 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
8,700 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 8,700 ft.

Completions filed
Nov 2014
1 of 1 wells

1 well

42-4273388818,700 ftNov 2014Yes

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 (116)

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

116 months

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 201416987278.303.90$16,634
Sep 2014037786.164.05$1,525
Aug 2014039889.394.04$1,606
Jul 2014027096.564.18$1,128
Jun 2014018798.164.74$886
May 2014018494.734.73$870
Apr 2014026695.944.81$1,279
Mar 2014039595.895.06$1,997
Feb 2014028997.406.19$1,789
Jan 2014018290.404.86$885
Dec 2013043191.824.35$1,877
Nov 201301,00588.853.74$3,757
Oct 201301,96297.423.78$7,415
Sep 20131924,000104.113.72$34,860
Aug 20130763104.253.52$2,688
Jul 20130328102.523.72$1,219
Jun 201301,86994.403.93$7,352
May 201301,17194.834.15$4,859
Apr 2013028593.964.28$1,221
Mar 201301,34193.623.91$5,247
Feb 20130991.233.42$31
Jan 201351,80991.603.42$6,645
Dec 201204,87386.773.42$16,666
Nov 2012044986.953.62$1,628
Oct 2012019889.383.40$673
Sep 20121937994.672.92$18,502
Aug 2012030292.662.91$878
Jul 2012020685.133.02$622
Jun 201219220379.822.52$15,837
May 2012014091.612.49$348
Apr 2012041101.652.00$82
Mar 20120437105.052.22$971
Feb 2012063101.102.57$162
Jan 2012051798.092.73$1,414
Dec 2011033396.873.24$1,079
Nov 2011023795.723.31$785
Oct 201119491684.983.65$19,828
Sep 201101,92383.623.99$7,665
Aug 201102,57683.404.15$10,689
Jul 201102,19394.144.52$9,906
Jun 201102,99792.904.64$13,906
May 201102,88498.134.40$12,704
Apr 201103,087105.964.33$13,377
Mar 2011066496.364.06$2,694
Feb 2011062285.644.18$2,600
Jan 2011054786.504.59$2,510
Dec 201001,01885.734.35$4,426
Nov 201003,11880.843.80$11,834
Oct 201002,49678.103.51$8,758
Sep 20103774,35272.633.98$44,700
Aug 201001,44373.684.42$6,377
Jul 201002,67272.554.74$12,656
Jun 20101892,65570.364.91$26,335
May 20101923,86271.124.24$30,011
Apr 201003,44781.694.12$14,211
Mar 20101943,21978.394.39$29,335
Feb 201001,19073.585.44$6,476
Jan 201002,41874.365.96$14,421
Dec 200903,09871.445.48$16,989
Nov 200902,62874.593.75$9,859
Oct 200902,28472.544.11$9,388
Sep 2009051265.543.06$1,569
Aug 200901,80067.423.22$5,793
Jul 200901,87761.133.46$6,503
Jun 200901,03066.163.90$4,012
May 200903,10454.743.93$12,186
Apr 20091941,74346.773.59$15,326
Mar 200902,47642.144.06$10,050
Feb 200902,89932.814.63$13,431
Jan 20091961,39535.865.37$14,521
Dec 200801,26437.105.98$7,555
Nov 200802,84455.496.86$19,511
Oct 20081982,36475.246.92$31,261
Sep 200802,206101.767.88$17,377
Aug 200801,921114.228.48$16,296
Jul 20081953,160131.0811.39$61,551
Jun 200805,270131.3313.03$68,682
May 200804,531123.1711.57$52,443
Apr 200804,991110.3110.45$52,180
Mar 20081965,138101.909.66$69,626
Feb 20081964,63192.538.77$58,752
Jan 200804,76890.388.21$39,125
Dec 20071956,27888.337.30$63,066
Nov 20071985,40291.677.29$57,540
Oct 200706,61482.856.92$45,782
Sep 20071975,19675.846.24$47,385
Aug 20073945,61069.066.39$63,046
Jul 200704,54170.906.39$29,008
Jun 200703,57762.007.55$27,001
May 20072004,67158.747.85$48,398
Apr 200702,21159.617.81$17,257
Mar 20071972,51656.927.30$29,585
Feb 200702,34755.108.22$19,283
Jan 200704,20750.306.73$28,300
Dec 20063999,21556.656.92$86,357
Nov 200607,90854.207.62$60,239
Oct 20062008,33754.906.01$61,117
Sep 20061946,33060.085.04$43,541
Aug 200620011,40768.717.34$97,468
Jul 200619310,49269.376.34$79,937
Jun 200658726,96166.286.38$211,022
May 200677435,39066.016.42$278,472
Apr 200639413,09764.397.36$121,770
Mar 200676522,44356.707.08$202,337
Feb 20061,35150,76057.597.75$471,251
Jan 20062,54475,36860.598.93$827,427
Dec 20054,827120,35554.9413.42$1,879,806
Nov 200558931,67454.6910.59$367,589

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.

Oct 2014 — as filed, then multipliedworked
Condensate           169 bbl  × $ 78.30 =    $13,233
Gas                  872 Mcf  × $  3.90 =     $3,402

────────────────────────────────────────────────────
Month total                                  $16,634

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/214807 is the state's own key, not one this site invented.