WILLIAMS

Operated by TANOS EXPLORATION II, LLC (P-5 835976) in the SAVELL (BOSSIER SAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 243017District 05Field 812620502 tax incentive programmesGasSaveExport
Value, all time
$1.3 M
Jul 2008 – Aug 2016
Value, last 12 filed months
$28 k
at the published price for each month
Months reported
98
no gaps in the span
Streams
1
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 86 leases and 86 wells, and the rule below applies to all of them.

Discovered
1997-08-04
as the register files it
Field class
Gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
465 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2012-01-10.

The Commission's schedule remark for this field reads: FORMULA AND CONTINUES SUSPENSION OF THE ALLOCATION FORMULA.

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 Gas112009-01-13188545
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
GasProduction270,757 Mcf$1,254,229
Total$1,254,229

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 30.9898, -96.5590. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.98981, -96.55900 · 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
12,540 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 12,540 ft.

Completions filed
Aug 2016
1 of 1 wells

1 well

42-39531401312,540 ftAug 2016Yes

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 (98)

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

98 months

Aug 2016041.442.92$0
Jul 20161,16141.622.92$3,395
Jun 20161,30745.352.69$3,510
May 20161,56842.521.99$3,122
Apr 20161,79136.561.99$3,566
Mar 20162,46133.011.79$4,415
Feb 20161,20026.472.06$2,476
Jan 2016027.352.36$0
Dec 2015032.362.00$0
Nov 201576138.792.17$1,649
Oct 201578743.552.43$1,910
Sep 20151,28142.992.76$3,534
Aug 20152,56940.162.87$7,379
Jul 201511648.152.95$342
Jun 2015156.152.88$3
May 201575155.212.96$2,220
Apr 20151,55249.822.71$4,201
Mar 201584342.892.93$2,474
Feb 20151,60044.662.98$4,762
Jan 20151,87443.433.10$5,811
Dec 20141,44754.693.59$5,197
Nov 20141,40870.464.25$5,987
Oct 20141,52878.303.90$5,961
Sep 20141,60286.164.05$6,481
Aug 20141,85789.394.04$7,493
Jul 20141,20996.564.18$5,053
Jun 20141,31398.164.74$6,220
May 20141,24094.734.73$5,861
Apr 20141,61995.944.81$7,786
Mar 20141,73795.895.06$8,784
Feb 20141,25097.406.19$7,740
Jan 20142,00190.404.86$9,726
Dec 20131,47391.824.35$6,414
Nov 20131,66188.853.74$6,209
Oct 20131,41897.423.78$5,359
Sep 20131,721104.113.72$6,398
Aug 20131,862104.253.52$6,559
Jul 20132,255102.523.72$8,384
Jun 20131,86194.403.93$7,320
May 20132,13194.834.15$8,842
Apr 20132,42993.964.28$10,402
Mar 20132,36993.623.91$9,270
Feb 20132,00991.233.42$6,871
Jan 20131,56291.603.42$5,342
Dec 20121,95186.773.42$6,673
Nov 20122,36786.953.62$8,580
Oct 20122,26589.383.40$7,700
Sep 20122,38894.672.92$6,969
Aug 20122,69592.662.91$7,837
Jul 20122,85185.133.02$8,612
Jun 20123,35679.822.52$8,454
May 20123,01591.612.49$7,502
Apr 20122,543101.652.00$5,078
Mar 20122,068105.052.22$4,595
Feb 20121,193101.102.57$3,066
Jan 20125,23398.092.73$14,307
Dec 20114,81096.873.24$15,583
Nov 20113,35295.723.31$11,099
Oct 20115,77484.983.65$21,067
Sep 20114,00383.623.99$15,955
Aug 20112,83383.404.15$11,755
Jul 20112,92094.144.52$13,190
Jun 20112,87592.904.64$13,340
May 20113,48298.134.40$15,338
Apr 20113,305105.964.33$14,321
Mar 20112,33996.364.06$9,490
Feb 20112,25185.644.18$9,409
Jan 20115,83186.504.59$26,757
Dec 2010085.734.35$0
Nov 2010080.843.80$0
Oct 20102,23078.103.51$7,825
Sep 20103,41672.633.98$13,594
Aug 20103,41773.684.42$15,101
Jul 20103,90672.554.74$18,501
Jun 20103,63870.364.91$17,864
May 20104,00071.124.24$16,941
Apr 20103,82081.694.12$15,749
Mar 20103,47678.394.39$15,255
Feb 20103,31373.585.44$18,031
Jan 20105,20574.365.96$31,043
Dec 20095,06271.445.48$27,759
Nov 200950274.593.75$1,883
Oct 200950072.544.11$2,055
Sep 20092,32965.543.06$7,138
Aug 20093,29467.423.22$10,602
Jul 20092,85861.133.46$9,902
Jun 20093,64966.163.90$14,213
May 20095,65154.743.93$22,184
Apr 20095,76146.773.59$20,668
Mar 20095,41442.144.06$21,975
Feb 20095,24232.814.63$24,286
Jan 20095,56035.865.37$29,863
Dec 20085,88037.105.98$35,146
Nov 20089,06455.496.86$62,182
Oct 20089,88175.246.92$68,396
Sep 20088,251101.767.88$64,994
Aug 20088,735114.228.48$74,099
Jul 20088,418131.0811.39$95,876

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.

Jul 2016 — as filed, then multipliedworked
Gas                1,161 Mcf  × $  2.92 =     $3,395

────────────────────────────────────────────────────
Month total                                   $3,395

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/243017 is the state's own key, not one this site invented.