RUNNING "W" 593 A

Operated by RICOCHET ENERGY, INC. (P-5 710549) in the CHARRO (9100) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 246608District 04Field 17267750CondensateGasSaveExport
Value, all time
$204 k
Dec 2008 – Jun 2012
Value, last 12 filed months
$26 k
at the published price for each month
Months reported
43
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 6 leases and 6 wells, and the rule below applies to all of them.

Discovered
2003-09-24
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

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 08/01/2004.

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
CondensateDisposition239 bbl$19,204
GasProduction46,272 Mcf$185,168
Total$204,372

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 27.4372, -99.0598. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.43718, -99.05977 · 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
10,300 ft
1 wells filed one
Completion to plug
3.3 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 10,300 ft.

Completions filed
Dec 2008
1 of 1 wells
Plug dates filed
Apr 2012
1 of 1 wells

Last completion to plug: a median of 3.3 years across the 1 well that filed both dates, with the middle half between 3.3 years and 3.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-47940348110,300 ftDec 2008Apr 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 (43)

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

43 months

Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201257329101.652.00$6,451
Mar 20120669105.052.22$1,487
Feb 20120519101.102.57$1,334
Jan 2012080898.092.73$2,209
Dec 2011060096.873.24$1,944
Nov 2011065195.723.31$2,156
Oct 2011057384.983.65$2,091
Sep 2011070483.623.99$2,806
Aug 2011068283.404.15$2,830
Jul 2011057694.144.52$2,602
Jun 2011059592.904.64$2,761
May 2011069498.134.40$3,057
Apr 20110849105.964.33$3,679
Mar 2011071796.364.06$2,909
Feb 2011070785.644.18$2,955
Jan 2011077586.504.59$3,556
Dec 2010090485.734.35$3,930
Nov 201001,00680.843.80$3,818
Oct 201001,05778.103.51$3,709
Sep 201001,17372.633.98$4,668
Aug 20101821,34573.684.42$19,354
Jul 201001,33872.554.74$6,337
Jun 201001,12970.364.91$5,544
May 201002,14771.124.24$9,093
Apr 2010014881.694.12$610
Mar 2010051278.394.39$2,247
Feb 201001,13273.585.44$6,161
Jan 201001,40574.365.96$8,380
Dec 200901,55471.445.48$8,522
Nov 200901,54874.593.75$5,807
Oct 200901,74372.544.11$7,164
Sep 200901,90765.543.06$5,844
Aug 200902,62767.423.22$8,455
Jul 200903,44961.133.46$11,949
Jun 200904,10066.163.90$15,970
May 200905,60054.743.93$21,984
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$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 2012 — as filed, then multipliedworked
Condensate            57 bbl  × $101.65 =     $5,794
Gas                  329 Mcf  × $  2.00 =       $657

────────────────────────────────────────────────────
Month total                                   $6,451

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/246608 is the state's own key, not one this site invented.