CALLAGHAN RANCH

Operated by FORZA OPERATING, LLC (P-5 278837) in the OLMITOS, S. (HIRSCH) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 254025District 04Field 67220100CondensateGasSave
Value, all time
$279 k
Nov 2009 – May 2015
Value, last 12 filed months
$0
at the published price for each month
Months reported
67
no gaps in the span
Streams
2
condensate, gas

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
CondensateDisposition70 bbl$6,105
GasProduction62,125 Mcf$272,879
Total$278,983

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 27.9221, -99.1236. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.92210, -99.12360 · 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
7,185 ft
1 wells filed one
Completion to plug
5.5 years
median over 1 wells

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 7,185 ft.

Completions filed
Nov 2009
1 of 1 wells
Plug dates filed
May 2015
1 of 1 wells

Last completion to plug: a median of 5.5 years across the 1 well that filed both dates, with the middle half between 5.5 years and 5.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-47930833177,185 ftNov 2009May 2015Yes

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 (67)

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

67 months

May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 2014017495.895.06$880
Feb 2014015697.406.19$966
Jan 20140090.404.86$0
Dec 201301,72091.824.35$7,490
Nov 2013054188.853.74$2,022
Oct 201301,11297.423.78$4,203
Sep 201300104.113.72$0
Aug 2013035104.253.52$123
Jul 20130677102.523.72$2,517
Jun 2013026594.403.93$1,042
May 2013051194.834.15$2,120
Apr 2013074793.964.28$3,199
Mar 2013056093.623.91$2,191
Feb 2013086491.233.42$2,955
Jan 201302,91991.603.42$9,983
Dec 2012868886.773.42$3,047
Nov 20125486486.953.62$7,827
Oct 20128089.383.40$715
Sep 201204494.672.92$128
Aug 201205692.662.91$163
Jul 201208785.133.02$263
Jun 2012027479.822.52$690
May 2012019091.612.49$473
Apr 20120393101.652.00$785
Mar 201201,772105.052.22$3,938
Feb 20120239101.102.57$614
Jan 201201,93398.092.73$5,285
Dec 2011048596.873.24$1,571
Nov 2011013495.723.31$444
Oct 2011029584.983.65$1,076
Sep 2011038083.623.99$1,515
Aug 2011058383.404.15$2,419
Jul 2011029694.144.52$1,337
Jun 2011031492.904.64$1,457
May 2011030998.134.40$1,361
Apr 20110607105.964.33$2,630
Mar 201102,14196.364.06$8,687
Feb 201101,99485.644.18$8,335
Jan 201101,75286.504.59$8,040
Dec 2010090685.734.35$3,939
Nov 201001,72380.843.80$6,539
Oct 201001,37778.103.51$4,832
Sep 201001,77472.633.98$7,060
Aug 201003,26573.684.42$14,429
Jul 201001,88072.554.74$8,905
Jun 201002,11970.364.91$10,405
May 201002,61071.124.24$11,054
Apr 201002,94781.694.12$12,150
Mar 201002,84378.394.39$12,477
Feb 201004,20473.585.44$22,880
Jan 2010010,36674.365.96$61,824
Dec 20090071.445.48$0
Nov 20090074.593.75$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.

Mar 2014 — as filed, then multipliedworked
Condensate             0 bbl  × $ 95.89 =         $0
Gas                  174 Mcf  × $  5.06 =       $880

────────────────────────────────────────────────────
Month total                                     $880

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/254025 is the state's own key, not one this site invented.