CANALES, P.

Operated by TRIAD ENERGY CORPORATION (P-5 868630) in the T.-C.-B. (LWR FRIO-UP VXBG) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 91750District 04Field 89945204NGPA filingCondensateGasSaveExport
Value, all time
$202 k
Jan 1993 – Mar 2007
Value, last 12 filed months
$0
at the published price for each month
Months reported
171
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 15 leases and 23 wells, and the rule below applies to all of them.

Discovered
1999-03-09
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 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 2005-09-07.

The Commission's schedule remark for this field reads: CHANGED TO A ONE WELL FIELD , EFFECTIVE 2/1/2016

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
CondensateDisposition2,615 bbl$43,623
GasProduction292,517 Mcf$158,820
Total$202,443

228,847 Mcf of this lease's gas, across 48 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 27.3686, -98.0707. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.36861, -98.07068 · 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
0.0%
0 of 1 wells
Median depth
9,100 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
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 9,100 ft.

Completions filed
Dec 1980
1 of 1 wells

1 well

42-24931198136 L9,100 ftDec 1980Yes

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 (171)

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

171 months

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 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 19981009.201.77$92
Nov 19985010.892.19$54
Oct 19980012.421.97$0
Sep 19984412.592.08$59
Aug 1998769811.301.91$1,410
Jul 19982370911.742.24$1,856
Jun 199802411.242.24$54
May 1998434312.622.21$807
Apr 1998393,39813.042.51$9,022
Mar 1998403,13912.802.31$7,761
Feb 1998342,97113.952.30$7,305
Jan 1998303,80914.702.15$8,649
Dec 1997293,96916.322.41$10,043
Nov 1997223,48018.193.09$11,147
Oct 1997193,36819.253.15$10,974
Sep 1997284,43117.742.95$13,590
Aug 1997294,54917.862.55$12,139
Jul 1997274,56917.582.25$10,741
Jun 19972023,45617.242.26$11,283
May 19973094,17918.972.31$15,509
Apr 1997354,08517.882.08$9,134
Mar 1997264,40218.951.94$9,029
Feb 1997373,55520.492.21$8,600
Jan 1997194,53223.483.54$16,488
Dec 1996494,42223.32$1,143
Nov 1996234,65021.97$505
Oct 1996294,93823.31$676
Sep 1996264,64822.22$578
Aug 1996334,98720.26$669
Jul 1996204,94119.55$391
Jun 1996234,83218.73$431
May 1996124,92719.43$233
Apr 1996294,72321.51$624
Mar 1996294,89219.38$562
Feb 1996314,95316.98$526
Jan 1996325,14917.07$546
Dec 1995445,03217.19$756
Nov 1995575,52516.00$912
Oct 1995545,28915.43$833
Sep 199505,24416.18$0
Aug 199505,52515.92$0
Jul 199505,07915.24$0
Jun 199504,55016.41$0
May 199504,39017.56$0
Apr 199573,92317.73$124
Mar 199584,13316.44$132
Feb 199513,74416.58$17
Jan 1995164,08915.92$255
Dec 1994283,83315.03$421
Nov 1994263,78615.90$413
Oct 1994304,17615.58$467
Sep 1994274,30815.29$413
Aug 1994314,82416.13$500
Jul 1994345,47017.56$597
Jun 1994235,19317.09$393
May 1994304,76815.88$476
Apr 1994354,46414.14$495
Mar 1994293,96412.46$361
Feb 1994314,01612.50$388
Jan 1994814,83612.66$1,025
Dec 19932364,90412.33$2,910
Nov 1993394,74114.49$565
Oct 1993384,77015.85$602
Sep 1993314,83215.03$466
Aug 1993355,07515.66$548
Jul 1993365,31315.46$557
Jun 1993314,91216.79$520
May 1993415,10517.68$725
Apr 1993545,24918.05$975
Mar 1993585,24818.14$1,052
Feb 1993525,25517.90$931
Jan 1993585,22016.93$982

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.

Dec 1998 — as filed, then multipliedworked
Condensate            10 bbl  × $  9.20 =        $92
Gas                    0 Mcf  × $  1.77 =         $0

────────────────────────────────────────────────────
Month total                                      $92

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/91750 is the state's own key, not one this site invented.