CANNAE

Operated by RAMTEX ENERGY LLC (P-5 690225) in the GARBY (BOSSIER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 222745District 05Field 33950050CondensateGasSaveExport
Value, all time
$394 k
Oct 2006 – Aug 2022
Value, last 12 filed months
$0
at the published price for each month
Months reported
191
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 8 leases and 8 wells, and the rule below applies to all of them.

Discovered
1996-08-21
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 01/01/2003.

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
CondensateDisposition15 bbl$1,399
GasProduction60,201 Mcf$392,934
Total$394,333

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 31.0976, -96.4256. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.09757, -96.42563 · 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
15,500 ft
1 wells filed one
Completion to plug
15.8 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 15,500 ft.

Completions filed
Oct 2006
1 of 1 wells
Plug dates filed
Aug 2022
1 of 1 wells

Last completion to plug: a median of 15.8 years across the 1 well that filed both dates, with the middle half between 15.8 years and 15.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-39530454115,500 ftOct 2006Aug 2022Yes

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 (191)

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

191 months

Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 2017016150.452.95$475
Jan 201709349.413.42$318
Dec 201601548.763.72$56
Nov 201602042.492.64$53
Oct 201609546.193.09$294
Sep 20160041.553.10$0
Aug 20160341.442.92$9
Jul 20160541.622.92$15
Jun 201601545.352.69$40
May 201603042.521.99$60
Apr 2016011036.561.99$219
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150243.552.43$5
Sep 201501042.992.76$28
Aug 201501240.162.87$34
Jul 201501248.152.95$35
Jun 201502656.152.88$75
May 201501455.212.96$41
Apr 201501649.822.71$43
Mar 201502342.892.93$68
Feb 201501444.662.98$42
Jan 201503543.433.10$109
Dec 201403954.693.59$140
Nov 201405270.464.25$221
Oct 201404478.303.90$172
Sep 201405686.164.05$227
Aug 201404489.394.04$178
Jul 201404496.564.18$184
Jun 201402798.164.74$128
May 201404094.734.73$189
Apr 201403195.944.81$149
Mar 201405895.895.06$293
Feb 201406997.406.19$427
Jan 2014029290.404.86$1,419
Dec 201301591.824.35$65
Nov 2013091288.853.74$3,409
Oct 201301997.423.78$72
Sep 20130465104.113.72$1,729
Aug 2013039104.253.52$137
Jul 2013047102.523.72$175
Jun 201304294.403.93$165
May 201307294.834.15$299
Apr 201307493.964.28$317
Mar 2013080393.623.91$3,142
Feb 201302091.233.42$68
Jan 201305991.603.42$202
Dec 201203986.773.42$133
Nov 201203886.953.62$138
Oct 201204289.383.40$143
Sep 201204994.672.92$143
Aug 201205292.662.91$151
Jul 201205685.133.02$169
Jun 201205679.822.52$141
May 201206391.612.49$157
Apr 2012065101.652.00$130
Mar 2012070105.052.22$156
Feb 2012080101.102.57$206
Jan 2012011298.092.73$306
Dec 201108496.873.24$272
Nov 201108895.723.31$291
Oct 201109584.983.65$347
Sep 2011010083.623.99$399
Aug 2011011083.404.15$456
Jul 2011010894.144.52$488
Jun 2011012392.904.64$571
May 2011012998.134.40$568
Apr 20110104105.964.33$451
Mar 201108896.364.06$357
Feb 201107785.644.18$322
Jan 201109386.504.59$427
Dec 201009385.734.35$404
Nov 2010010480.843.80$395
Oct 2010011378.103.51$397
Sep 2010012272.633.98$486
Aug 2010015773.684.42$694
Jul 2010015772.554.74$744
Jun 2010014770.364.91$722
May 2010015771.124.24$665
Apr 2010018281.694.12$750
Mar 2010018878.394.39$825
Feb 2010018773.585.44$1,018
Jan 2010019974.365.96$1,187
Dec 2009022971.445.48$1,256
Nov 2009022974.593.75$859
Oct 2009026972.544.11$1,106
Sep 2009029165.543.06$892
Aug 2009042867.423.22$1,378
Jul 2009052661.133.46$1,822
Jun 2009041066.163.90$1,597
May 2009044754.743.93$1,755
Apr 2009040546.773.59$1,453
Mar 2009054242.144.06$2,200
Feb 2009048832.814.63$2,261
Jan 2009062935.865.37$3,378
Dec 2008062337.105.98$3,724
Nov 200801,11455.496.86$7,642
Oct 200801,35975.246.92$9,407
Sep 200801,148101.767.88$9,043
Aug 20082506114.228.48$4,521
Jul 20081128131.0811.39$1,589
Jun 20081560131.3313.03$7,430
May 200821,244123.1711.57$14,645
Apr 200800110.3110.45$0
Mar 20080570101.909.66$5,509
Feb 2008090992.538.77$7,972
Jan 200811,27390.388.21$10,536
Dec 2007053388.337.30$3,892
Nov 200711,81591.677.29$13,326
Oct 200711,79682.856.92$12,515
Sep 200712,16375.846.24$13,582
Aug 200712,86869.066.39$18,390
Jul 200711,90970.906.39$12,265
Jun 200711,36362.007.55$10,351
May 200701,35758.747.85$10,647
Apr 2007267959.617.81$5,419
Mar 2007061756.927.30$4,505
Feb 200703,14955.108.22$25,872
Jan 200703,83050.306.73$25,764
Dec 200603,12556.656.92$21,620
Nov 200603,79754.207.62$28,924
Oct 200609,07254.906.01$54,557

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.

Feb 2017 — as filed, then multipliedworked
Condensate             0 bbl  × $ 50.45 =         $0
Gas                  161 Mcf  × $  2.95 =       $475

────────────────────────────────────────────────────
Month total                                     $475

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/222745 is the state's own key, not one this site invented.