ARNOLD

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

Gas lease lease 196229District 05Field 912375002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.5 M
Jun 2003 – Dec 2011
Value, last 12 filed months
$0
at the published price for each month
Months reported
103
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 38 leases and 38 wells, and the rule below applies to all of them.

Discovered
1983-02-28
as the register files it
Field class
Gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 03/01/2000.

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 Gas112004-02-11155269
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
CondensateDisposition1,068 bbl$33,244
GasProduction457,154 Mcf$2,513,358
Total$2,546,602

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 32.1495, -96.0745. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.14952, -96.07453 · 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
8,500 ft
1 wells filed one
Completion to plug
8.5 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 8,500 ft.

Completions filed
Jun 2003
1 of 1 wells
Plug dates filed
Dec 2011
1 of 1 wells

Last completion to plug: a median of 8.5 years across the 1 well that filed both dates, with the middle half between 8.5 years and 8.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2133085758,500 ftJun 2003Dec 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 (103)

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

103 months

Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
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 2010249678.394.39$2,334
Feb 2010027173.585.44$1,475
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20091142.144.06$46
Feb 2009048032.814.63$2,224
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20081175.246.92$82
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 2007020462.007.55$1,540
May 2007044058.747.85$3,452
Apr 2007083759.617.81$6,533
Mar 2007087456.927.30$6,382
Feb 2007098255.108.22$8,068
Jan 2007152450.306.73$3,575
Dec 2006147356.656.92$3,329
Nov 20060054.207.62$0
Oct 2006021554.906.01$1,293
Sep 2006024260.085.04$1,219
Aug 2006237368.717.34$2,875
Jul 20061169.376.34$76
Jun 2006264566.286.38$4,250
May 200601,20566.016.42$7,742
Apr 200601,13464.397.36$8,347
Mar 2006210856.707.08$878
Feb 2006178457.597.75$6,134
Jan 2006183660.598.93$7,529
Dec 200501454.9413.42$188
Nov 20050054.6910.59$0
Oct 2005024858.3413.80$3,421
Sep 200502861.4512.08$338
Aug 200506461.519.80$627
Jul 2005030555.697.84$2,392
Jun 200509152.337.38$672
May 200504045.226.65$266
Apr 2005010049.207.36$736
Mar 2005010050.377.15$715
Feb 200504145.226.31$259
Jan 2005131743.166.32$2,047
Dec 2004457039.866.75$4,008
Nov 200407,11045.286.33$45,009
Oct 20041810,42749.706.52$68,828
Sep 2004010,63743.245.28$56,205
Aug 20042712,55142.375.55$70,810
Jul 20042113,72738.286.08$84,321
Jun 20041913,81636.106.43$89,565
May 20045114,32437.486.49$94,940
Apr 20041313,02534.475.86$76,755
Mar 20044221,04734.365.53$117,836
Feb 20044621,80432.455.51$121,624
Jan 20044222,59532.036.30$143,686
Dec 20036527,51930.266.30$175,382
Nov 200312631,82728.804.60$149,879
Oct 20037238,92028.174.76$187,273
Sep 200320043,13626.314.75$210,130
Aug 200316054,42929.765.13$283,967
Jul 200312162,48329.415.17$326,648
Jun 20032524,73328.565.98$148,691

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 2010 — as filed, then multipliedworked
Condensate             2 bbl  × $ 78.39 =       $157
Gas                  496 Mcf  × $  4.39 =     $2,177

────────────────────────────────────────────────────
Month total                                   $2,334

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/196229 is the state's own key, not one this site invented.