ED RACHAL "TIDE"

Operated by LEWIS PETRO PROPERTIES, INC. (P-5 499978) in the LAS TIENDAS (OLMOS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 68983District 04Field 52211060NGPA filingCondensateGasSaveExport
Value, all time
$395 k
Jan 1993 – Aug 2007
Value, last 12 filed months
$207
at the published price for each month
Months reported
176
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 754 leases and 754 wells, and the rule below applies to all of them.

Discovered
1974-04-22
as the register files it
Field class
Gas
the register's own label
Between wells
933 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2011-08-23.

The Commission's schedule remark for this field reads: REMAINS SUSPENDED. FIELD REMAINS SET TO MANUAL REVIEW.

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.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA1none

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.

StreamBasisVolumeValue
CondensateDisposition3 bbl$207
GasProduction155,279 Mcf$394,681
Total$394,888

61,604 Mcf of this lease's gas, across 47 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 27.9927, -99.7260. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.99265, -99.72604 · 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
6,500 ft
1 wells filed one
Completion to plug
30.8 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 6,500 ft.

Completions filed
Oct 1976
1 of 1 wells
Plug dates filed
Aug 2007
1 of 1 wells

Last completion to plug: a median of 30.8 years across the 1 well that filed both dates, with the middle half between 30.8 years and 30.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-47931242A 16,500 ftOct 1976Aug 2007Yes

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 (176)

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

176 months

Aug 20073069.066.39$207
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 2006027357.597.75$2,116
Jan 2006056660.598.93$5,056
Dec 2005067254.9413.42$9,015
Nov 2005055354.6910.59$5,855
Oct 2005060558.3413.80$8,346
Sep 2005097661.4512.08$11,789
Aug 2005036261.519.80$3,546
Jul 2005051455.697.84$4,032
Jun 2005015452.337.38$1,137
May 2005087645.226.65$5,826
Apr 2005067749.207.36$4,983
Mar 2005043950.377.15$3,141
Feb 2005055045.226.31$3,472
Jan 2005076643.166.32$4,843
Dec 2004082439.866.75$5,563
Nov 2004013345.286.33$842
Oct 2004043549.706.52$2,834
Sep 2004066143.245.28$3,493
Aug 2004072442.375.55$4,019
Jul 2004071538.286.08$4,350
Jun 2004053236.106.43$3,422
May 2004084637.486.49$5,494
Apr 2004079434.475.86$4,652
Mar 2004078734.365.53$4,352
Feb 2004077332.455.51$4,259
Jan 2004097332.036.30$6,130
Dec 200301,00230.266.30$6,314
Nov 2003099228.804.60$4,558
Oct 2003097028.174.76$4,617
Sep 2003078926.314.75$3,747
Aug 2003071929.765.13$3,688
Jul 2003078129.415.17$4,038
Jun 2003070128.565.98$4,194
May 2003079026.595.97$4,718
Apr 2003073726.675.41$3,985
Mar 2003084531.146.10$5,151
Feb 2003079233.487.93$6,277
Jan 2003086030.315.58$4,801
Dec 2002083526.914.85$4,053
Nov 2002082924.664.14$3,430
Oct 200201,08126.464.23$4,572
Sep 2002077627.443.64$2,821
Aug 2002029025.963.16$918
Jul 20020024.583.06$0
Jun 2002048023.733.34$1,602
May 200201,24824.663.58$4,473
Apr 200201,05423.653.51$3,702
Mar 200201,44022.003.10$4,468
Feb 200201,14518.222.38$2,720
Jan 2002012117.172.38$287
Dec 200101216.932.36$28
Nov 2001080318.072.41$1,932
Oct 2001097519.782.53$2,466
Sep 200101,03224.262.25$2,323
Aug 200101,08724.873.05$3,319
Jul 200101,06723.933.20$3,411
Jun 200101,03024.563.82$3,939
May 200101,06325.524.31$4,579
Apr 200101,02624.685.34$5,474
Mar 2001088924.545.38$4,780
Feb 2001098527.755.77$5,681
Jan 200101,08627.478.40$9,121
Dec 2000093226.889.12$8,502
Nov 200001,00232.215.66$5,669
Oct 200001,04431.235.15$5,372
Sep 2000093531.875.19$4,849
Aug 200001,00229.644.54$4,550
Jul 200001,02428.534.09$4,188
Jun 2000092129.304.40$4,050
May 2000088427.263.68$3,253
Apr 2000089924.513.12$2,801
Mar 2000096528.422.86$2,760
Feb 2000095827.622.73$2,612
Jan 200001,11025.272.48$2,753
Dec 199901,04724.282.42$2,538
Nov 199901,20223.192.43$2,926
Oct 199901,26620.982.80$3,550
Sep 1999091521.752.62$2,396
Aug 1999077219.262.88$2,220
Jul 1999090817.892.37$2,154
Jun 199901,48115.942.36$3,498
May 1999073815.792.32$1,713
Apr 199901,00815.102.21$2,226
Mar 1999046312.471.84$851
Feb 199903909.981.82$709
Jan 199901,13710.381.90$2,160
Dec 199806009.201.77$1,064
Nov 1998064610.892.19$1,412
Oct 1998069412.421.97$1,367
Sep 1998055212.592.08$1,150
Aug 1998074111.301.91$1,413
Jul 199801,04511.742.24$2,338
Jun 1998073911.242.24$1,653
May 199801,00612.622.21$2,220
Apr 1998097413.042.51$2,440
Mar 199801,01912.802.31$2,353
Feb 199801,02613.952.30$2,359
Jan 1998097614.702.15$2,103
Dec 1997098816.322.41$2,382
Nov 199701,01018.193.09$3,119
Oct 199701,08119.253.15$3,405
Sep 199701,15417.742.95$3,410
Aug 199701,36617.862.55$3,490
Jul 199701,40217.582.25$3,150
Jun 199701,28717.242.26$2,905
May 199701,38718.972.31$3,202
Apr 199701,34317.882.08$2,797
Mar 199701,15018.951.94$2,230
Feb 1997099220.492.21$2,188
Jan 1997098223.483.54$3,476
Dec 199601,13623.32$0
Nov 1996091221.97$0
Oct 1996085823.31$0
Sep 1996062422.22$0
Aug 1996081620.26$0
Jul 1996075519.55$0
Jun 1996072618.73$0
May 1996096519.43$0
Apr 1996094721.51$0
Mar 199601,01119.38$0
Feb 1996090716.98$0
Jan 1996078217.07$0
Dec 1995094917.19$0
Nov 199501,06316.00$0
Oct 199501,22615.43$0
Sep 199501,16816.18$0
Aug 199501,23015.92$0
Jul 199501,18915.24$0
Jun 199501,33216.41$0
May 199501,14517.56$0
Apr 199501,27817.73$0
Mar 199501,09716.44$0
Feb 199501,13316.58$0
Jan 199501,16615.92$0
Dec 199401,18615.03$0
Nov 199401,32715.90$0
Oct 199401,33115.58$0
Sep 199401,37315.29$0
Aug 199401,42416.13$0
Jul 199401,38417.56$0
Jun 199401,49217.09$0
May 199401,49115.88$0
Apr 199401,65814.14$0
Mar 199401,80912.46$0
Feb 199401,50412.50$0
Jan 199401,37512.66$0
Dec 199301,74712.33$0
Nov 199301,57714.49$0
Oct 199301,56315.85$0
Sep 199301,79915.03$0
Aug 199301,73415.66$0
Jul 19930015.46$0
Jun 199301,44416.79$0
May 199301,80917.68$0
Apr 199301,49018.05$0
Mar 199302,05618.14$0
Feb 199302,30317.90$0
Jan 199302,31316.93$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.

Aug 2007 — as filed, then multipliedworked
Condensate             3 bbl  × $ 69.06 =       $207
Gas                    0 Mcf  × $  6.39 =         $0

────────────────────────────────────────────────────
Month total                                     $207

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/68983 is the state's own key, not one this site invented.