S. MCLEAN

Operated by COVEY PARK OPERATING LLC (P-5 182847) in the JOHN AMORUSO (BOSSIER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 247879District 05Field 467705002 tax incentive programmesCondensateGasSaveExport
Value, all time
$15.0 M
Jan 2009 – Nov 2017
Value, last 12 filed months
$18
at the published price for each month
Months reported
107
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 87 leases and 87 wells, and the rule below applies to all of them.

Discovered
2005-12-29
as the register files it
Field class
Gas
the register's own label
Between wells
1,200 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 2007-03-29.

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 07/01/2007.

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 Gas112009-06-29191042
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
CondensateDisposition26 bbl$2,190
GasProduction3,732,535 Mcf$15,029,541
Total$15,031,731

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 31.0175, -96.3603. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.01747, -96.36033 · 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
16,140 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 16,140 ft.

Completions filed
Jan 2009
1 of 1 wells
Plug dates filed
Nov 2017
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

42-39531454E 516,140 ftJan 2009Nov 2017Yes

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 (107)

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

107 months

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 20170050.452.95$0
Jan 20170349.413.42$10
Dec 20160248.763.72$7
Nov 20160142.492.64$3
Oct 20160046.193.09$0
Sep 2016018141.553.10$561
Aug 2016081641.442.92$2,386
Jul 201602041.622.92$58
Jun 2016010045.352.69$269
May 2016017042.521.99$338
Apr 2016018836.561.99$374
Mar 2016011833.011.79$212
Feb 2016015026.472.06$310
Jan 2016014327.352.36$338
Dec 2015016232.362.00$324
Nov 2015017238.792.17$373
Oct 2015020043.552.43$485
Sep 2015012242.992.76$337
Aug 2015011040.162.87$316
Jul 2015023148.152.95$680
Jun 2015023256.152.88$669
May 2015015155.212.96$446
Apr 201507549.822.71$203
Mar 2015014942.892.93$437
Feb 2015030144.662.98$896
Jan 2015032043.433.10$992
Dec 20140554.693.59$18
Nov 20143370.464.25$224
Oct 2014020478.303.90$796
Sep 2014060986.164.05$2,464
Aug 2014131989.394.04$1,377
Jul 2014044396.564.18$1,852
Jun 2014047898.164.74$2,264
May 2014032294.734.73$1,522
Apr 2014075495.944.81$3,626
Mar 2014091595.895.06$4,627
Feb 2014085797.406.19$5,307
Jan 2014084590.404.86$4,107
Dec 2013173591.824.35$3,292
Nov 2013088388.853.74$3,301
Oct 2013097797.423.78$3,692
Sep 20130989104.113.72$3,677
Aug 201301,039104.253.52$3,660
Jul 20130982102.523.72$3,651
Jun 201331,01994.403.93$4,291
May 2013195494.834.15$4,053
Apr 2013297893.964.28$4,376
Mar 201311,26793.623.91$5,051
Feb 201301,51691.233.42$5,185
Jan 201321,38091.603.42$4,903
Dec 201201,30386.773.42$4,456
Nov 201221,29786.953.62$4,875
Oct 201201,13789.383.40$3,865
Sep 2012057794.672.92$1,684
Aug 2012057192.662.91$1,661
Jul 2012056885.133.02$1,716
Jun 2012077479.822.52$1,950
May 201201,50191.612.49$3,735
Apr 201201,154101.652.00$2,304
Mar 201201,054105.052.22$2,342
Feb 201201,096101.102.57$2,817
Jan 201201,14198.092.73$3,120
Dec 201101,97896.873.24$6,408
Nov 201102,38995.723.31$7,911
Oct 201102,38584.983.65$8,702
Sep 201102,44283.623.99$9,733
Aug 201102,36283.404.15$9,801
Jul 201102,12994.144.52$9,617
Jun 201101,12892.904.64$5,234
May 2011086098.134.40$3,788
Apr 201101,247105.964.33$5,404
Mar 2011199496.364.06$4,129
Feb 201111,23885.644.18$5,260
Jan 201101,37086.504.59$6,287
Dec 201001,45485.734.35$6,322
Nov 201001,30780.843.80$4,961
Oct 2010013778.103.51$481
Sep 201011,37972.633.98$5,560
Aug 201002,21073.684.42$9,767
Jul 201002,74172.554.74$12,983
Jun 201043,59470.364.91$17,929
May 201003,59471.124.24$15,221
Apr 201031,87081.694.12$7,955
Mar 201002,19378.394.39$9,624
Feb 201002,87073.585.44$15,620
Jan 2010010,33874.365.96$61,657
Dec 20090171,39771.445.48$939,898
Nov 20090159,34474.593.75$597,779
Oct 20090214,49072.544.11$881,608
Sep 20090252,89065.543.06$775,045
Aug 20090308,60867.423.22$993,255
Jul 20090321,14361.133.46$1,112,600
Jun 20090308,64166.163.90$1,202,157
May 20090286,16554.743.93$1,123,412
Apr 20090292,11346.773.59$1,047,955
Mar 20090540,52142.144.06$2,193,975
Feb 20090600,09132.814.63$2,780,222
Jan 20090188,16035.865.37$1,010,607

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.

Jan 2017 — as filed, then multipliedworked
Condensate             0 bbl  × $ 49.41 =         $0
Gas                    3 Mcf  × $  3.42 =        $10

────────────────────────────────────────────────────
Month total                                      $10

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/247879 is the state's own key, not one this site invented.