CROSS

Name: CROSS lease production and value, Jul 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 230904District 04Field 315335002 tax incentive programmesCondensateGasSave Export

Value, all time

$8.7 M

Jul 2007 – Nov 2016

Value, last 12 filed months

$30 k

at the published price for each month

Months reported

113

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	2009-05-19	190638
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	5,964 bbl	$499,857
Gas	Production	1,266,042 Mcf	$8,177,796
Total			$8,677,654

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 26.3028, -98.3427. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.30278, -98.34270 · 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

10,200 ft

1 wells filed one

Completion to plug

9.3 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 10,200 ft.

Completions filed

Jul 2007

1 of 1 wells

Plug dates filed

Nov 2016

1 of 1 wells

Last completion to plug: a median of 9.3 years across the 1 well that filed both dates, with the middle half between 9.3 years and 9.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-21533653	5	10,200 ft	Jul 2007	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 (113)

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

113 months


Nov 2016	0	0	42.49	2.64	$0
Oct 2016	36	31	46.19	3.09	$1,759
Sep 2016	0	727	41.55	3.10	$2,254
Aug 2016	0	947	41.44	2.92	$2,769
Jul 2016	94	949	41.62	2.92	$6,687
Jun 2016	0	1,089	45.35	2.69	$2,925
May 2016	0	1,243	42.52	1.99	$2,475
Apr 2016	0	1,152	36.56	1.99	$2,294
Mar 2016	0	1,206	33.01	1.79	$2,164
Feb 2016	0	1,109	26.47	2.06	$2,289
Jan 2016	0	1,134	27.35	2.36	$2,681
Dec 2015	0	1,077	32.36	2.00	$2,156
Nov 2015	0	1,139	38.79	2.17	$2,469
Oct 2015	0	1,256	43.55	2.43	$3,048
Sep 2015	0	1,249	42.99	2.76	$3,445
Aug 2015	0	1,382	40.16	2.87	$3,970
Jul 2015	0	1,632	48.15	2.95	$4,806
Jun 2015	0	1,413	56.15	2.88	$4,073
May 2015	94	1,154	55.21	2.96	$8,600
Apr 2015	0	964	49.82	2.71	$2,609
Mar 2015	0	1,066	42.89	2.93	$3,128
Feb 2015	0	1,290	44.66	2.98	$3,839
Jan 2015	0	1,434	43.43	3.10	$4,446
Dec 2014	93	1,580	54.69	3.59	$10,761
Nov 2014	0	1,665	70.46	4.25	$7,079
Oct 2014	0	1,779	78.30	3.90	$6,940
Sep 2014	0	1,609	86.16	4.05	$6,509
Aug 2014	0	1,642	89.39	4.04	$6,626
Jul 2014	0	1,776	96.56	4.18	$7,423
Jun 2014	0	1,572	98.16	4.74	$7,446
May 2014	0	1,719	94.73	4.73	$8,125
Apr 2014	0	1,646	95.94	4.81	$7,916
Mar 2014	7	4,711	95.89	5.06	$24,494
Feb 2014	0	5,775	97.40	6.19	$35,759
Jan 2014	0	5,752	90.40	4.86	$27,959
Dec 2013	50	2,721	91.82	4.35	$16,440
Nov 2013	0	2,624	88.85	3.74	$9,809
Oct 2013	0	2,949	97.42	3.78	$11,145
Sep 2013	57	2,202	104.11	3.72	$14,121
Aug 2013	0	2,795	104.25	3.52	$9,846
Jul 2013	0	2,718	102.52	3.72	$10,105
Jun 2013	40	2,532	94.40	3.93	$13,735
May 2013	0	2,559	94.83	4.15	$10,618
Apr 2013	46	2,619	93.96	4.28	$15,538
Mar 2013	0	3,165	93.62	3.91	$12,384
Feb 2013	29	2,237	91.23	3.42	$10,296
Jan 2013	23	3,326	91.60	3.42	$13,481
Dec 2012	116	3,473	86.77	3.42	$21,944
Nov 2012	0	3,535	86.95	3.62	$12,814
Oct 2012	0	3,848	89.38	3.40	$13,082
Sep 2012	0	3,807	94.67	2.92	$11,110
Aug 2012	24	3,968	92.66	2.91	$13,763
Jul 2012	61	4,499	85.13	3.02	$18,784
Jun 2012	0	4,267	79.82	2.52	$10,749
May 2012	29	4,763	91.61	2.49	$14,509
Apr 2012	22	5,394	101.65	2.00	$13,007
Mar 2012	11	4,716	105.05	2.22	$11,635
Feb 2012	39	4,844	101.10	2.57	$16,393
Jan 2012	41	4,937	98.09	2.73	$17,520
Dec 2011	69	5,127	96.87	3.24	$23,294
Nov 2011	0	4,821	95.72	3.31	$15,964
Oct 2011	53	5,760	84.98	3.65	$25,520
Sep 2011	48	5,828	83.62	3.99	$27,243
Aug 2011	98	5,721	83.40	4.15	$31,911
Jul 2011	90	6,783	94.14	4.52	$39,113
Jun 2011	92	6,575	92.90	4.64	$39,054
May 2011	34	7,075	98.13	4.40	$34,501
Apr 2011	0	6,021	105.96	4.33	$26,091
Mar 2011	26	7,047	96.36	4.06	$31,097
Feb 2011	126	6,303	85.64	4.18	$37,137
Jan 2011	128	7,814	86.50	4.59	$46,929
Dec 2010	95	7,952	85.73	4.35	$42,718
Nov 2010	0	9,346	80.84	3.80	$35,471
Oct 2010	111	9,787	78.10	3.51	$43,011
Sep 2010	147	8,484	72.63	3.98	$44,438
Aug 2010	0	12,877	73.68	4.42	$56,908
Jul 2010	81	11,469	72.55	4.74	$60,199
Jun 2010	46	11,634	70.36	4.91	$60,364
May 2010	42	16,690	71.12	4.24	$73,673
Apr 2010	167	13,252	81.69	4.12	$68,276
Mar 2010	30	15,743	78.39	4.39	$71,443
Feb 2010	40	16,040	73.58	5.44	$90,239
Jan 2010	0	9,688	74.36	5.96	$57,780
Dec 2009	1	8,951	71.44	5.48	$49,156
Nov 2009	0	15,341	74.59	3.75	$57,552
Oct 2009	35	17,100	72.54	4.11	$72,824
Sep 2009	0	2,519	65.54	3.06	$7,720
Aug 2009	40	11,990	67.42	3.22	$41,287
Jul 2009	43	16,035	61.13	3.46	$58,182
Jun 2009	48	17,184	66.16	3.90	$70,107
May 2009	0	9,956	54.74	3.93	$39,085
Apr 2009	74	19,116	46.77	3.59	$72,040
Mar 2009	61	22,282	42.14	4.06	$93,013
Feb 2009	121	21,215	32.81	4.63	$102,259
Jan 2009	106	23,880	35.86	5.37	$132,061
Dec 2008	78	26,402	37.10	5.98	$160,702
Nov 2008	77	28,910	55.49	6.86	$202,606
Oct 2008	114	31,818	75.24	6.92	$228,821
Sep 2008	74	32,315	101.76	7.88	$262,078
Aug 2008	74	36,139	114.22	8.48	$315,020
Jul 2008	111	31,631	131.08	11.39	$374,809
Jun 2008	110	32,758	131.33	13.03	$441,369
May 2008	109	39,647	123.17	11.57	$472,311
Apr 2008	161	39,876	110.31	10.45	$434,658
Mar 2008	217	37,775	101.90	9.66	$387,173
Feb 2008	222	41,594	92.53	8.77	$385,345
Jan 2008	321	51,970	90.38	8.21	$455,464
Dec 2007	382	62,876	88.33	7.30	$492,861
Nov 2007	327	71,500	91.67	7.29	$551,333
Oct 2007	340	73,553	82.85	6.92	$537,301
Sep 2007	283	79,940	75.84	6.24	$520,621
Aug 2007	0	3,070	69.06	6.39	$19,611
Jul 2007	0	495	70.90	6.39	$3,162

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            36 bbl  × $ 46.19 =     $1,663
Gas                   31 Mcf  × $  3.09 =        $96

────────────────────────────────────────────────────
Month total                                   $1,759

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/230904 is the state's own key, not one this site invented.