DEEN

Operated by STROUD PETROLEUM, INC. (P-5 828082) in the OLETHA (TRAVIS PEAK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 180570District 05Field 671026202 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.8 M
Dec 2000 – Dec 2009
Value, last 12 filed months
$12 k
at the published price for each month
Months reported
109
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 88 leases and 88 wells, and the rule below applies to all of them.

Discovered
1992-02-23
as the register files it
Field class
Gas
the register's own label
Between wells
1,320 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 1995-03-21.

The Commission's schedule remark for this field reads: DENSITY REMAINS STATEWIDE.

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 Gas112004-06-30157896
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
CondensateDisposition957 bbl$37,253
GasProduction306,524 Mcf$1,712,965
Total$1,750,218

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 31.4333, -96.4087. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.43330, -96.40868 · 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
9,403 ft
1 wells filed one
Completion to plug
8.8 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 9,403 ft.

Completions filed
Mar 2001
1 of 1 wells
Plug dates filed
Dec 2009
1 of 1 wells

Last completion to plug: a median of 8.8 years across the 1 well that filed both dates, with the middle half between 8.8 years and 8.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2933135219,403 ftMar 2001Dec 2009Yes

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 (109)

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

109 months

Dec 200918071.445.48$1,286
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20093365.543.06$206
Aug 2009034767.423.22$1,117
Jul 2009113161.133.46$515
Jun 2009361266.163.90$2,582
May 2009053854.743.93$2,112
Apr 2009216146.773.59$671
Mar 2009217742.144.06$803
Feb 2009114832.814.63$718
Jan 2009242235.865.37$2,338
Dec 200851,82337.105.98$11,082
Nov 2008163955.496.86$4,439
Oct 2008093575.246.92$6,472
Sep 20080452101.767.88$3,560
Aug 200811,154114.228.48$9,904
Jul 20080917131.0811.39$10,444
Jun 20080502131.3313.03$6,542
May 20081733123.1711.57$8,607
Apr 200861,591110.3110.45$17,296
Mar 2008101,763101.909.66$18,057
Feb 2008570292.538.77$6,620
Jan 20081390790.388.21$8,618
Dec 2007141,93888.337.30$15,388
Nov 200741,58191.677.29$11,895
Oct 2007334582.856.92$2,637
Sep 2007737675.846.24$2,879
Aug 2007581869.066.39$5,571
Jul 2007131,17770.906.39$8,440
Jun 2007161,44662.007.55$11,907
May 2007151,27258.747.85$10,862
Apr 200781,25059.617.81$10,233
Mar 200761,04656.927.30$7,979
Feb 2007171,60855.108.22$14,148
Jan 2007487650.306.73$6,094
Dec 2006291356.656.92$6,430
Nov 200672,03254.207.62$15,858
Oct 2006191754.906.01$5,570
Sep 200641,77160.085.04$9,161
Aug 200652,01068.717.34$15,097
Jul 200632,04369.376.34$13,166
Jun 200611,55466.286.38$9,987
May 200601,91866.016.42$12,323
Apr 200612,00264.397.36$14,800
Mar 200612,15656.707.08$15,327
Feb 200601,67957.597.75$13,014
Jan 200632,28560.598.93$20,594
Dec 200562,23454.9413.42$30,300
Nov 200511,52654.6910.59$16,213
Oct 200522,11258.3413.80$29,253
Sep 200521,82061.4512.08$22,107
Aug 200521,81561.519.80$17,904
Jul 200522,34255.697.84$18,481
Jun 200502,39952.337.38$17,707
May 200572,20145.226.65$14,956
Apr 200582,44749.207.36$18,405
Mar 200562,10750.377.15$15,378
Feb 200592,45945.226.31$15,928
Jan 200562,10543.166.32$13,567
Dec 2004122,71639.866.75$18,814
Nov 200492,65045.286.33$17,183
Oct 2004101,86249.706.52$12,628
Sep 2004172,78043.245.28$15,424
Aug 200492,98142.375.55$16,928
Jul 200492,59738.286.08$16,145
Jun 200472,63736.106.43$17,217
May 2004102,91537.486.49$19,307
Apr 200482,15734.475.86$12,912
Mar 2004122,88534.365.53$16,367
Feb 2004133,11732.455.51$17,595
Jan 2004213,46432.036.30$22,495
Dec 2003183,84330.266.30$24,762
Nov 2003183,10628.804.60$14,791
Oct 20031761,54228.174.76$12,297
Sep 200372,70526.314.75$13,031
Aug 200393,74829.765.13$19,494
Jul 200363,24229.415.17$16,940
Jun 200372,98928.565.98$18,083
May 200383,02326.595.97$18,268
Apr 2003112,77926.675.41$15,320
Mar 2003102,57231.146.10$15,990
Feb 2003132,58633.487.93$20,932
Jan 2003143,18430.315.58$18,198
Dec 200283,35626.914.85$16,505
Nov 200293,48024.664.14$14,619
Oct 2002144,08326.464.23$17,638
Sep 2002102,59527.443.64$9,708
Aug 2002173,82825.963.16$12,554
Jul 2002214,06824.583.06$12,971
Jun 2002234,23223.733.34$14,673
May 2002134,01624.663.58$14,714
Apr 2002134,53423.653.51$16,232
Mar 2002115,11722.003.10$16,119
Feb 2002124,44318.222.38$10,774
Jan 2002185,22217.172.38$12,715
Dec 2001165,81416.932.36$14,018
Nov 2001116,09518.072.41$14,860
Oct 2001116,71719.782.53$17,204
Sep 200187,64924.262.25$17,414
Aug 2001107,37324.873.05$22,760
Jul 200175,99723.933.20$19,340
Jun 2001189,28724.563.82$35,957
May 2001012,78325.524.31$55,060
Apr 2001312,13824.685.34$64,834
Mar 2001215,09024.545.38$81,180
Feb 200113,68927.755.77$21,303
Jan 200106,50827.478.40$54,659
Dec 2000215,09326.889.12$137,740

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            18 bbl  × $ 71.44 =     $1,286
Gas                    0 Mcf  × $  5.48 =         $0

────────────────────────────────────────────────────
Month total                                   $1,286

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/180570 is the state's own key, not one this site invented.