CROSS

Name: CROSS lease production and value, May 2007 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by OXY USA INC. (P-5 630591) in the FLORES (VICKSBURG, LOWER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 229867District 04Field 315335002 tax incentive programmesCondensateGasSave Export

Value, all time

$15.9 M

May 2007 – Nov 2016

Value, last 12 filed months

$69 k

at the published price for each month

Months reported

115

no gaps in the span

Streams

condensate, gas

The FLORES (VICKSBURG, LOWER) 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 137 leases and 137 wells, and the rule below applies to all of them.

Discovered

1986-04-01

as the register files it

Field class

Gas

the register's own label

Between wells

0 ft

minimum

From a lease line

330 ft

minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2008-11-12.

The Commission's schedule remark for this field reads: “ALLOCATION FORMULA TO REMAIN SUSPENDED.”

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	2009-04-09	190640
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	14,451 bbl	$1,166,123
Gas	Production	2,447,788 Mcf	$14,701,309
Total			$15,867,432

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 26.3001, -98.3456. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.30013, -98.34555 · 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

8,665 ft

1 wells filed one

Completion to plug

8.3 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 8,665 ft.

Completions filed

Aug 2008

1 of 1 wells

Plug dates filed

Nov 2016

1 of 1 wells

Last completion to plug: a median of 8.3 years across the 1 well that filed both dates, with the middle half between 8.3 years and 8.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-21533630	3	8,665 ft	Aug 2008	Nov 2016	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 (115)

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

115 months


Nov 2016	0	0	42.49	2.64	$0
Oct 2016	8	0	46.19	3.09	$370
Sep 2016	0	1,973	41.55	3.10	$6,118
Aug 2016	0	2,670	41.44	2.92	$7,808
Jul 2016	94	2,934	41.62	2.92	$12,492
Jun 2016	0	2,805	45.35	2.69	$7,534
May 2016	0	2,548	42.52	1.99	$5,073
Apr 2016	0	2,669	36.56	1.99	$5,314
Mar 2016	0	2,999	33.01	1.79	$5,380
Feb 2016	0	2,725	26.47	2.06	$5,623
Jan 2016	0	2,951	27.35	2.36	$6,977
Dec 2015	0	3,027	32.36	2.00	$6,058
Nov 2015	0	2,964	38.79	2.17	$6,424
Oct 2015	0	2,577	43.55	2.43	$6,253
Sep 2015	0	2,945	42.99	2.76	$8,124
Aug 2015	0	3,471	40.16	2.87	$9,970
Jul 2015	0	3,222	48.15	2.95	$9,489
Jun 2015	0	3,335	56.15	2.88	$9,614
May 2015	94	2,592	55.21	2.96	$12,850
Apr 2015	0	3,573	49.82	2.71	$9,671
Mar 2015	0	4,145	42.89	2.93	$12,164
Feb 2015	0	3,907	44.66	2.98	$11,628
Jan 2015	0	4,845	43.43	3.10	$15,023
Dec 2014	93	4,399	54.69	3.59	$20,885
Nov 2014	0	5,115	70.46	4.25	$21,748
Oct 2014	0	5,113	78.30	3.90	$19,946
Sep 2014	0	4,748	86.16	4.05	$19,208
Aug 2014	0	5,426	89.39	4.04	$21,895
Jul 2014	0	4,549	96.56	4.18	$19,013
Jun 2014	0	4,631	98.16	4.74	$21,936
May 2014	0	4,505	94.73	4.73	$21,293
Apr 2014	0	5,052	95.94	4.81	$24,296
Mar 2014	0	2,215	95.89	5.06	$11,201
Feb 2014	2	2,256	97.40	6.19	$14,164
Jan 2014	0	2,349	90.40	4.86	$11,418
Dec 2013	49	6,653	91.82	4.35	$33,470
Nov 2013	0	6,723	88.85	3.74	$25,132
Oct 2013	0	6,674	97.42	3.78	$25,223
Sep 2013	54	6,227	104.11	3.72	$28,772
Aug 2013	0	7,534	104.25	3.52	$26,539
Jul 2013	0	8,085	102.52	3.72	$30,058
Jun 2013	45	7,981	94.40	3.93	$35,641
May 2013	0	8,523	94.83	4.15	$35,363
Apr 2013	39	7,579	93.96	4.28	$36,122
Mar 2013	0	8,825	93.62	3.91	$34,531
Feb 2013	24	8,176	91.23	3.42	$30,151
Jan 2013	28	8,829	91.60	3.42	$32,759
Dec 2012	122	9,348	86.77	3.42	$42,558
Nov 2012	0	9,266	86.95	3.62	$33,589
Oct 2012	0	9,223	89.38	3.40	$31,355
Sep 2012	0	9,048	94.67	2.92	$26,406
Aug 2012	22	9,577	92.66	2.91	$29,890
Jul 2012	65	10,472	85.13	3.02	$37,167
Jun 2012	0	11,206	79.82	2.52	$28,228
May 2012	32	11,464	91.61	2.49	$31,458
Apr 2012	29	10,811	101.65	2.00	$24,535
Mar 2012	49	12,194	105.05	2.22	$32,243
Feb 2012	62	12,084	101.10	2.57	$37,327
Jan 2012	65	13,640	98.09	2.73	$43,669
Dec 2011	87	13,599	96.87	3.24	$52,485
Nov 2011	0	14,341	95.72	3.31	$47,487
Oct 2011	49	15,447	84.98	3.65	$60,523
Sep 2011	52	16,238	83.62	3.99	$69,070
Aug 2011	94	14,895	83.40	4.15	$69,644
Jul 2011	80	15,744	94.14	4.52	$78,651
Jun 2011	89	16,222	92.90	4.64	$83,536
May 2011	35	17,960	98.13	4.40	$82,545
Apr 2011	0	18,241	105.96	4.33	$79,043
Mar 2011	19	20,853	96.36	4.06	$86,439
Feb 2011	93	20,218	85.64	4.18	$92,475
Jan 2011	142	24,533	86.50	4.59	$124,860
Dec 2010	91	28,434	85.73	4.35	$131,425
Nov 2010	0	30,741	80.84	3.80	$116,672
Oct 2010	146	35,783	78.10	3.51	$136,961
Sep 2010	200	36,147	72.63	3.98	$158,372
Aug 2010	0	44,155	73.68	4.42	$195,137
Jul 2010	91	31,838	72.55	4.74	$157,402
Jun 2010	23	27,799	70.36	4.91	$138,122
May 2010	27	22,904	71.12	4.24	$98,924
Apr 2010	98	23,164	81.69	4.12	$103,504
Mar 2010	19	26,759	78.39	4.39	$118,926
Feb 2010	193	25,252	73.58	5.44	$151,631
Jan 2010	0	30,534	74.36	5.96	$182,108
Dec 2009	336	29,486	71.44	5.48	$185,698
Nov 2009	0	21,561	74.59	3.75	$80,886
Oct 2009	258	20,104	72.54	4.11	$101,348
Sep 2009	0	23,546	65.54	3.06	$72,163
Aug 2009	263	24,378	67.42	3.22	$96,192
Jul 2009	262	25,094	61.13	3.46	$102,954
Jun 2009	242	26,259	66.16	3.90	$118,290
May 2009	0	12,985	54.74	3.93	$50,976
Apr 2009	242	27,642	46.77	3.59	$110,484
Mar 2009	104	33,303	42.14	4.06	$139,559
Feb 2009	220	33,675	32.81	4.63	$163,234
Jan 2009	235	36,735	35.86	5.37	$205,731
Dec 2008	272	39,969	37.10	5.98	$248,992
Nov 2008	269	41,134	55.49	6.86	$297,121
Oct 2008	402	41,987	75.24	6.92	$320,880
Sep 2008	258	44,198	101.76	7.88	$374,406
Aug 2008	256	32,601	114.22	8.48	$305,795
Jul 2008	390	40,781	131.08	11.39	$515,594
Jun 2008	393	47,116	131.33	13.03	$665,658
May 2008	398	54,432	123.17	11.57	$679,033
Apr 2008	336	56,573	110.31	10.45	$628,527
Mar 2008	445	61,090	101.90	9.66	$635,724
Feb 2008	436	60,990	92.53	8.77	$575,261
Jan 2008	500	68,941	90.38	8.21	$610,901
Dec 2007	586	73,016	88.33	7.30	$584,922
Nov 2007	599	74,597	91.67	7.29	$598,849
Oct 2007	596	83,929	82.85	6.92	$630,333
Sep 2007	676	84,297	75.84	6.24	$577,632
Aug 2007	714	93,994	69.06	6.39	$649,737
Jul 2007	1,011	97,842	70.90	6.39	$696,689
Jun 2007	943	96,833	62.00	7.55	$789,405
May 2007	205	31,522	58.74	7.85	$259,372

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 2016 — as filed, then multipliedworked

Condensate             8 bbl  × $ 46.19 =       $370
Gas                    0 Mcf  × $  3.09 =         $0

────────────────────────────────────────────────────
Month total                                     $370

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/229867 is the state's own key, not one this site invented.