PYRAMID LAND

Operated by CCI GULF COAST UPSTREAM LLC (P-5 120027) in the LOPER (COTTON VALLEY LIME) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 202477District 05Field 548762252 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.1 M
Feb 2004 – Apr 2014
Value, last 12 filed months
$0
at the published price for each month
Months reported
123
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 77 leases and 77 wells, and the rule below applies to all of them.

Discovered
1990-04-21
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 01/01/2000.

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 Gas112004-10-22158883
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
CondensateDisposition909 bbl$62,445
GasProduction169,196 Mcf$1,081,156
Total$1,143,601

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 31.8420, -96.2106. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.84197, -96.21064 · 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
12,100 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 12,100 ft.

Completions filed
Apr 2012
1 of 1 wells

1 well

42-16132822712,100 ftApr 2012Yes

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 (123)

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

123 months

Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 2012730105.052.22$7,669
Feb 201204101.102.57$10
Jan 20120098.092.73$0
Dec 201115096.873.24$1,453
Nov 201101,20795.723.31$3,997
Oct 2011097484.983.65$3,554
Sep 2011089783.623.99$3,575
Aug 201101,18083.404.15$4,896
Jul 201101,31994.144.52$5,958
Jun 201101,44592.904.64$6,705
May 201101,25998.134.40$5,546
Apr 201101,329105.964.33$5,759
Mar 201101,19296.364.06$4,836
Feb 201111,08585.644.18$4,621
Jan 201111,53986.504.59$7,149
Dec 201001,54585.734.35$6,717
Nov 201001,40280.843.80$5,321
Oct 201001,52078.103.51$5,334
Sep 201001,47672.633.98$5,874
Aug 201001,47673.684.42$6,523
Jul 201001,54772.554.74$7,327
Jun 201001,55570.364.91$7,636
May 201001,60071.124.24$6,776
Apr 201001,68881.694.12$6,959
Mar 201001,74678.394.39$7,663
Feb 201001,60873.585.44$8,751
Jan 201001,59774.365.96$9,525
Dec 200901,55171.445.48$8,505
Nov 200901,93674.593.75$7,263
Oct 200901,88072.544.11$7,727
Sep 200901,66065.543.06$5,087
Aug 20091501,85867.423.22$16,093
Jul 200901,36461.133.46$4,726
Jun 200901,84166.163.90$7,171
May 200902,01254.743.93$7,899
Apr 200901,96546.773.59$7,049
Mar 200901,45442.144.06$5,902
Feb 200901,36432.814.63$6,319
Jan 200901,72335.865.37$9,254
Dec 200801,81637.105.98$10,854
Nov 200801,65555.496.86$11,354
Oct 200801,81775.246.92$12,577
Sep 200801,813101.767.88$14,281
Aug 200802,138114.228.48$18,137
Jul 200802,268131.0811.39$25,831
Jun 200802,101131.3313.03$27,382
May 200802,154123.1711.57$24,931
Apr 200802,401110.3110.45$25,102
Mar 200802,495101.909.66$24,112
Feb 200802,42392.538.77$21,251
Jan 20081662,46790.388.21$35,247
Dec 200703,23988.337.30$23,651
Nov 200701,84691.677.29$13,460
Oct 200701,57282.856.92$10,881
Sep 200701,85975.846.24$11,608
Aug 200702,10269.066.39$13,427
Jul 200702,32070.906.39$14,820
Jun 200702,45662.007.55$18,539
May 200702,67958.747.85$21,020
Apr 200702,71559.617.81$21,191
Mar 200701,16156.927.30$8,478
Feb 200701,14255.108.22$9,383
Jan 200701,34650.306.73$9,054
Dec 200601,31456.656.92$9,091
Nov 200601,23154.207.62$9,377
Oct 200601,34654.906.01$8,095
Sep 2006051060.085.04$2,569
Aug 2006048068.717.34$3,523
Jul 200617657269.376.34$15,837
Jun 2006063166.286.38$4,028
May 2006069766.016.42$4,478
Apr 2006069264.397.36$5,093
Mar 2006079856.707.08$5,652
Feb 2006073357.597.75$5,682
Jan 2006095060.598.93$8,487
Dec 2005096154.9413.42$12,892
Nov 20051601,46954.6910.59$24,305
Oct 2005092558.3413.80$12,761
Sep 2005086761.4512.08$10,472
Aug 2005087461.519.80$8,562
Jul 2005094855.697.84$7,436
Jun 2005099452.337.38$7,337
May 200501,03845.226.65$6,904
Apr 200501,19649.207.36$8,803
Mar 200501,23450.377.15$8,829
Feb 200501,30745.226.31$8,250
Jan 200501,47143.166.32$9,300
Dec 200404139.866.75$277
Nov 200401,35345.286.33$8,565
Oct 200401,90349.706.52$12,398
Sep 200402,64243.245.28$13,960
Aug 20041673,58942.375.55$26,997
Jul 200404,37138.286.08$26,594
Jun 200405,27836.106.43$33,953
May 200407,65337.486.49$49,703
Apr 2004010,12334.475.86$59,305
Mar 200405,03534.365.53$27,844
Feb 200401,18732.455.51$6,540

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 2012 — as filed, then multipliedworked
Condensate            73 bbl  × $105.05 =     $7,669
Gas                    0 Mcf  × $  2.22 =         $0

────────────────────────────────────────────────────
Month total                                   $7,669

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/202477 is the state's own key, not one this site invented.