DAVIS, FRANK ESTATE

Operated by TIPCO OPERATING CO. (P-5 860800) in the WOODLAWN (RODESSA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 113766District 06Field 98563664NGPA filingCondensateGasSaveExport
Value, all time
$270 k
Jan 1993 – Jun 2010
Value, last 12 filed months
$0
at the published price for each month
Months reported
210
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 50 leases and 50 wells, and the rule below applies to all of them.

Discovered
1951-05-08
as the register files it
Field class
Oil and 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: SURVEY.

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
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
CondensateDisposition795 bbl$16,727
GasProduction207,719 Mcf$253,225
Total$269,953

122,154 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 32.6471, -94.3691. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.64709, -94.36911 · 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
6,535 ft
1 wells filed one
Completion to plug
26.3 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 6,535 ft.

Completions filed
Feb 1984
1 of 1 wells
Plug dates filed
Jun 2010
1 of 1 wells

Last completion to plug: a median of 26.3 years across the 1 well that filed both dates, with the middle half between 26.3 years and 26.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2033108616,535 ftFeb 1984Jun 2010Yes

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 (210)

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

210 months

Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
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 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
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 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 200509143.166.32$575
Dec 2004010239.866.75$689
Nov 2004020945.286.33$1,323
Oct 2004011849.706.52$769
Sep 2004011443.245.28$602
Aug 2004028842.375.55$1,599
Jul 2004028338.286.08$1,722
Jun 2004023936.106.43$1,537
May 2004031937.486.49$2,072
Apr 2004028834.475.86$1,687
Mar 2004033634.365.53$1,858
Feb 2004049332.455.51$2,716
Jan 2004041632.036.30$2,621
Dec 2003032730.266.30$2,061
Nov 2003042628.804.60$1,958
Oct 2003055928.174.76$2,661
Sep 2003024426.314.75$1,159
Aug 2003056829.765.13$2,914
Jul 2003053029.415.17$2,741
Jun 2003069328.565.98$4,146
May 2003013326.595.97$794
Apr 2003018126.675.41$979
Mar 2003020131.146.10$1,225
Feb 2003026833.487.93$2,124
Jan 2003026630.315.58$1,485
Dec 2002031026.914.85$1,505
Nov 2002035424.664.14$1,464
Oct 2002049526.464.23$2,093
Sep 2002042127.443.64$1,530
Aug 2002049925.963.16$1,579
Jul 2002045724.583.06$1,399
Jun 2002090123.733.34$3,008
May 2002066124.663.58$2,369
Apr 2002061423.653.51$2,157
Mar 2002075022.003.10$2,327
Feb 20020218.222.38$5
Jan 2002028317.172.38$672
Dec 2001033916.932.36$802
Nov 2001033918.072.41$815
Oct 2001047919.782.53$1,211
Sep 2001054324.262.25$1,222
Aug 200101,04424.873.05$3,188
Jul 2001017223.933.20$550
Jun 2001068924.563.82$2,635
May 2001042725.524.31$1,839
Apr 2001036424.685.34$1,942
Mar 2001043724.545.38$2,350
Feb 200112844227.755.77$6,101
Jan 2001044127.478.40$3,704
Dec 2000065226.889.12$5,948
Nov 2000053232.215.66$3,010
Oct 2000052431.235.15$2,696
Sep 2000033131.875.19$1,717
Aug 2000025229.644.54$1,144
Jul 2000057628.534.09$2,356
Jun 2000029329.304.40$1,288
May 2000018627.263.68$684
Apr 2000072824.513.12$2,268
Mar 2000055728.422.86$1,593
Feb 2000049127.622.73$1,339
Jan 2000074925.272.48$1,858
Dec 1999079624.282.42$1,929
Nov 199914745323.192.43$4,512
Oct 1999055720.982.80$1,562
Sep 1999051021.752.62$1,336
Aug 1999085919.262.88$2,470
Jul 1999046517.892.37$1,103
Jun 1999033615.942.36$794
May 1999055015.792.32$1,277
Apr 199901,02115.102.21$2,254
Mar 1999029612.471.84$544
Feb 199904719.981.82$856
Jan 1999079910.381.90$1,518
Dec 199806299.201.77$1,115
Nov 1998095510.892.19$2,087
Oct 199801,49412.421.97$2,942
Sep 199801,03512.592.08$2,156
Aug 199801,58711.301.91$3,027
Jul 199801,26311.742.24$2,826
Jun 199801,85411.242.24$4,148
May 199802,69012.622.21$5,935
Apr 199801,85513.042.51$4,647
Mar 199801,54012.802.31$3,557
Feb 199801,94413.952.30$4,470
Jan 199801,90814.702.15$4,111
Dec 199702,13216.322.41$5,140
Nov 199703,59518.193.09$11,102
Oct 199702,10819.253.15$6,640
Sep 1997051817.742.95$1,531
Aug 1997061817.862.55$1,579
Jul 1997072617.582.25$1,631
Jun 199701,40817.242.26$3,178
May 19971734,84318.972.31$14,462
Apr 199704,64817.882.08$9,681
Mar 199707,61118.951.94$14,759
Feb 199705,00720.492.21$11,045
Jan 199701,45823.483.54$5,161
Dec 199602,45423.32$0
Nov 199602,65121.97$0
Oct 199602,99323.31$0
Sep 199602,46122.22$0
Aug 199603,55220.26$0
Jul 199603,56319.55$0
Jun 199603,68418.73$0
May 199605,95519.43$0
Apr 19961734,82221.51$3,721
Mar 199604,62819.38$0
Feb 1996098316.98$0
Jan 199602,31917.07$0
Dec 199503,02717.19$0
Nov 199501,90416.00$0
Oct 199501,23015.43$0
Sep 199501,77416.18$0
Aug 199501,08315.92$0
Jul 199502,19215.24$0
Jun 199503,08716.41$0
May 199503,18517.56$0
Apr 199503,15417.73$0
Mar 199501,89716.44$0
Feb 199502,19716.58$0
Jan 199502,89415.92$0
Dec 199401,89115.03$0
Nov 199403,19515.90$0
Oct 199404,16715.58$0
Sep 199404,88815.29$0
Aug 199403,86916.13$0
Jul 199403,08217.56$0
Jun 199403,21617.09$0
May 19941741,37915.88$2,763
Apr 199403614.14$0
Mar 199401,36412.46$0
Feb 199401,07812.50$0
Jan 199401,56912.66$0
Dec 199301,25512.33$0
Nov 1993061014.49$0
Oct 199301,05715.85$0
Sep 199301,38015.03$0
Aug 199303,31615.66$0
Jul 199303,45115.46$0
Jun 199302,65016.79$0
May 199302,00417.68$0
Apr 199302,02518.05$0
Mar 199302,39118.14$0
Feb 199302,56717.90$0
Jan 199302,02516.93$0

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 2005 — as filed, then multipliedworked
Condensate             0 bbl  × $ 43.16 =         $0
Gas                   91 Mcf  × $  6.32 =       $575

────────────────────────────────────────────────────
Month total                                     $575

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. 06/G/113766 is the state's own key, not one this site invented.