WORLEY GAS UNIT

Operated by RICOCHET ENERGY, INC. (P-5 710549) in the LOPENO (CONSOLIDATED) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 226729District 04Field 548660052 tax incentive programmesCondensateGasSaveExport
Value, all time
$26.7 M
Mar 2007 – Nov 2012
Value, last 12 filed months
$0
at the published price for each month
Months reported
69
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 311 leases and 311 wells, and the rule below applies to all of them.

Discovered
2005-07-11
as the register files it
Field class
Gas
the register's own label
Between wells
0 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2005-07-11.

The Commission's schedule remark for this field reads: THERE IS NO BETWEEN WELL SPACING. NO P-15 AND PLATS REQUIRED.

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 Gas112009-06-26192514
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
CondensateDisposition520 bbl$39,190
GasProduction3,745,469 Mcf$26,653,951
Total$26,693,140

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 26.6961, -99.1337. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.69606, -99.13372 · 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
9,420 ft
1 wells filed one
Completion to plug
5.7 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 9,420 ft.

Completions filed
Mar 2007
1 of 1 wells
Plug dates filed
Nov 2012
1 of 1 wells

Last completion to plug: a median of 5.7 years across the 1 well that filed both dates, with the middle half between 5.7 years and 5.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-5053580219,420 ftMar 2007Nov 2012Yes

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 (69)

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

69 months

Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 2010037181.694.12$1,530
Mar 201005278.394.39$228
Feb 201002,16073.585.44$11,756
Jan 201003,38274.365.96$20,171
Dec 200904,28171.445.48$23,476
Nov 200905,10074.593.75$19,133
Oct 200906,91472.544.11$28,418
Sep 200906,87665.543.06$21,073
Aug 200907,64367.423.22$24,599
Jul 200908,07161.133.46$27,962
Jun 200909,59366.163.90$37,365
May 200908,20054.743.93$32,191
Apr 2009010,17346.773.59$36,496
Mar 2009011,73442.144.06$47,628
Feb 2009012,83532.814.63$59,465
Jan 2009016,10635.865.37$86,505
Dec 2008018,91137.105.98$113,034
Nov 2008012,40355.496.86$85,089
Oct 2008016,85675.246.92$116,677
Sep 2008017,616101.767.88$138,763
Aug 2008017,190114.228.48$145,823
Jul 2008017,962131.0811.39$204,577
Jun 2008021,883131.3313.03$285,193
May 2008022,726123.1711.57$263,037
Apr 2008020,700110.3110.45$216,416
Mar 2008055,978101.909.66$540,975
Feb 2008097,46892.538.77$854,851
Jan 20080168,32090.388.21$1,381,188
Dec 2007183304,76588.337.30$2,241,549
Nov 20070473,28191.677.29$3,451,023
Oct 20070504,37282.856.92$3,491,253
Sep 2007154535,59275.846.24$3,356,002
Aug 20070367,48269.066.39$2,347,453
Jul 20070307,22770.906.39$1,962,548
Jun 2007183335,00262.007.55$2,540,092
May 20070274,00058.747.85$2,149,881
Apr 2007042,24459.617.81$329,723
Mar 20070056.927.30$0

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.

Apr 2010 — as filed, then multipliedworked
Condensate             0 bbl  × $ 81.69 =         $0
Gas                  371 Mcf  × $  4.12 =     $1,530

────────────────────────────────────────────────────
Month total                                   $1,530

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/226729 is the state's own key, not one this site invented.