RIO NATIONAL BANK

Operated by XTO ENERGY INC. (P-5 945936) in the MCALLEN (HACKNEY LAKE 6700) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 231016District 04Field 58721500CondensateGasSaveExport
Value, all time
$600 k
Sep 2007 – Jun 2010
Value, last 12 filed months
$79 k
at the published price for each month
Months reported
34
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 5 leases and 5 wells, and the rule below applies to all of them.

Discovered
1957-03-12
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

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
CondensateDisposition150 bbl$11,154
GasProduction94,249 Mcf$589,250
Total$600,404

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 26.2176, -98.2430. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.21763, -98.24296 · 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
7,530 ft
1 wells filed one
Completion to plug
2.5 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 7,530 ft.

Completions filed
Sep 2007
1 of 1 wells
Plug dates filed
Mar 2010
1 of 1 wells

Last completion to plug: a median of 2.5 years across the 1 well that filed both dates, with the middle half between 2.5 years and 2.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2153221417,530 ftSep 2007Mar 2010Yes

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 (34)

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

34 months

Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20101501,02574.365.96$17,267
Dec 200903,51371.445.48$19,264
Nov 200901,93774.593.75$7,267
Oct 200902,03572.544.11$8,364
Sep 200902,99865.543.06$9,188
Aug 200903,58967.423.22$11,551
Jul 200901,76961.133.46$6,129
Jun 200903,18066.163.90$12,386
May 200906,13354.743.93$24,077
Apr 200902,80746.773.59$10,070
Mar 200901,69542.144.06$6,880
Feb 200901,31332.814.63$6,083
Jan 200901,50535.865.37$8,083
Dec 200801,60437.105.98$9,587
Nov 200801,27755.496.86$8,761
Oct 200801,04975.246.92$7,261
Sep 200801,811101.767.88$14,265
Aug 20080242114.228.48$2,053
Jul 200801,061131.0811.39$12,084
Jun 20080743131.3313.03$9,683
May 200801,061123.1711.57$12,280
Apr 200801,779110.3110.45$18,599
Mar 200802,788101.909.66$26,943
Feb 200803,55092.538.77$31,136
Jan 200804,64690.388.21$38,124
Dec 200704,58888.337.30$33,501
Nov 200704,86591.677.29$35,474
Oct 2007012,80282.856.92$88,615
Sep 2007016,88475.846.24$105,426

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.

Jan 2010 — as filed, then multipliedworked
Condensate           150 bbl  × $ 74.36 =    $11,154
Gas                1,025 Mcf  × $  5.96 =     $6,113

────────────────────────────────────────────────────
Month total                                  $17,267

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/231016 is the state's own key, not one this site invented.