RASCO "A"

Operated by ANADARKO PETROLEUM CORPORATION (P-5 20572) in the DOWDY RANCH (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 178894District 05Field 259783002 tax incentive programmesCondensateGasSaveExport
Value, all time
$620 k
Aug 2000 – May 2011
Value, last 12 filed months
$0
at the published price for each month
Months reported
130
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 262 leases and 262 wells, and the rule below applies to all of them.

Discovered
1999-07-29
as the register files it
Field class
Gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2010-06-22.

The Commission's schedule remark for this field reads: QUIRED.

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
High Cost Gas112000-12-21142839
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
CondensateDisposition125 bbl$7,030
GasProduction112,665 Mcf$613,064
Total$620,093

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 31.6158, -96.0951. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.61583, -96.09511 · 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
13,500 ft
1 wells filed one
Completion to plug
10.8 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 13,500 ft.

Completions filed
Aug 2000
1 of 1 wells
Plug dates filed
May 2011
1 of 1 wells

Last completion to plug: a median of 10.8 years across the 1 well that filed both dates, with the middle half between 10.8 years and 10.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-16131798113,500 ftAug 2000May 2011Yes

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 (130)

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

130 months

May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
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 20100074.365.96$0
Dec 20090371.445.48$16
Nov 20090374.593.75$11
Oct 20090372.544.11$12
Sep 20090365.543.06$9
Aug 20090267.423.22$6
Jul 2009010761.133.46$371
Jun 200902166.163.90$82
May 200903154.743.93$122
Apr 200904646.773.59$165
Mar 200906242.144.06$252
Feb 200908232.814.63$380
Jan 2009016535.865.37$886
Dec 2008018437.105.98$1,100
Nov 200805555.496.86$377
Oct 200806375.246.92$436
Sep 2008072101.767.88$567
Aug 2008056114.228.48$475
Jul 2008059131.0811.39$672
Jun 2008059131.3313.03$769
May 2008071123.1711.57$822
Apr 2008082110.3110.45$857
Mar 2008083101.909.66$802
Feb 200807992.538.77$693
Jan 2008013590.388.21$1,108
Dec 2007029988.337.30$2,183
Nov 2007081991.677.29$5,972
Oct 2007085282.856.92$5,898
Sep 2007076675.846.24$4,783
Aug 2007084569.066.39$5,398
Jul 2007098770.906.39$6,305
Jun 200751,43662.007.55$11,150
May 2007101,35958.747.85$11,250
Apr 200731,26159.617.81$10,021
Mar 200792,01656.927.30$15,233
Feb 2007111,90755.108.22$16,274
Jan 200731,80650.306.73$12,300
Dec 2006141,33256.656.92$10,008
Nov 200651,27354.207.62$9,968
Oct 200603,31054.906.01$19,906
Sep 2006137,98960.085.04$41,023
Aug 2006331,25068.717.34$11,442
Jul 2006020269.376.34$1,281
Jun 2006010966.286.38$696
May 2006013066.016.42$835
Apr 2006014664.397.36$1,075
Mar 2006018556.707.08$1,310
Feb 2006016057.597.75$1,240
Jan 2006016560.598.93$1,474
Dec 2005016354.9413.42$2,187
Nov 2005013654.6910.59$1,440
Oct 2005015958.3413.80$2,194
Sep 2005014061.4512.08$1,691
Aug 2005018461.519.80$1,803
Jul 2005021755.697.84$1,702
Jun 2005028752.337.38$2,118
May 2005033745.226.65$2,241
Apr 200508749.207.36$640
Mar 2005017050.377.15$1,216
Feb 2005014845.226.31$934
Jan 2005019643.166.32$1,239
Dec 200407839.866.75$527
Nov 2004018645.286.33$1,177
Oct 2004016649.706.52$1,082
Sep 2004015643.245.28$824
Aug 2004013842.375.55$766
Jul 2004018538.286.08$1,126
Jun 2004027436.106.43$1,763
May 2004021237.486.49$1,377
Apr 2004040134.475.86$2,349
Mar 2004028734.365.53$1,587
Feb 2004034532.455.51$1,901
Jan 2004146032.036.30$2,930
Dec 2003261230.266.30$3,917
Nov 200309428.804.60$432
Oct 2003046728.174.76$2,223
Sep 200311,65826.314.75$7,901
Aug 200332,42029.765.13$12,503
Jul 200331,70429.415.17$8,899
Jun 2003015628.565.98$933
May 2003031026.595.97$1,852
Apr 2003014226.675.41$768
Mar 2003023631.146.10$1,439
Feb 2003049933.487.93$3,955
Jan 200301,22430.315.58$6,832
Dec 200201,33926.914.85$6,499
Nov 200201,39324.664.14$5,763
Oct 2002090326.464.23$3,819
Sep 200201,48227.443.64$5,387
Aug 200201,50525.963.16$4,762
Jul 200201,29424.583.06$3,962
Jun 200201,34423.733.34$4,487
May 200201,74624.663.58$6,258
Apr 200201,65923.653.51$5,827
Mar 200201,52422.003.10$4,729
Feb 200201,44318.222.38$3,428
Jan 200201,43217.172.38$3,402
Dec 200101,82616.932.36$4,317
Nov 200101,07218.072.41$2,579
Oct 200101,42919.782.53$3,614
Sep 200101,58224.262.25$3,562
Aug 200101,75424.873.05$5,355
Jul 200102,13323.933.20$6,819
Jun 200102,42124.563.82$9,258
May 200102,84325.524.31$12,246
Apr 200102,75624.685.34$14,704
Mar 200102,92424.545.38$15,721
Feb 200102,87927.755.77$16,603
Jan 200103,64627.478.40$30,622
Dec 200004,12626.889.12$37,639
Nov 200015,03432.215.66$28,515
Oct 200016,85831.235.15$35,319
Sep 200024,61931.875.19$24,020
Aug 2000593529.644.54$4,394

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 2009 — as filed, then multipliedworked
Condensate             0 bbl  × $ 71.44 =         $0
Gas                    3 Mcf  × $  5.48 =        $16

────────────────────────────────────────────────────
Month total                                      $16

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. 05/G/178894 is the state's own key, not one this site invented.