CHRISTIAN

Operated by RESERVE MANAGEMENT, INC. (P-5 703350) in the CARTHAGE, NORTH (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 153917District 06Field 160342502 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.5 M
Feb 1995 – Mar 2009
Value, last 12 filed months
$0
at the published price for each month
Months reported
170
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 568 leases and 570 wells, and the rule below applies to all of them.

Discovered
1981-11-18
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2010-12-14.

The Commission's schedule remark for this field reads: EFFECTIVE AUGUST.

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 Gas111995-05-31131903
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
CondensateDisposition9,835 bbl$189,751
GasProduction1,289,856 Mcf$2,313,651
Total$2,503,402

576,948 Mcf of this lease's gas, across 22 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 32.2485, -94.2053. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.24849, -94.20527 · 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
9,850 ft
1 wells filed one
Completion to plug
13.6 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 9,850 ft.

Completions filed
Feb 1995
1 of 1 wells
Plug dates filed
Sep 2008
1 of 1 wells

Last completion to plug: a median of 13.6 years across the 1 well that filed both dates, with the middle half between 13.6 years and 13.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3653307519,850 ftFeb 1995Sep 2008Yes

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 (170)

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

170 months

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 20081350101.909.66$13,757
Feb 2008038392.538.77$3,359
Jan 2008015590.388.21$1,272
Dec 2007030088.337.30$2,191
Nov 2007030091.677.29$2,188
Oct 2007030082.856.92$2,077
Sep 20070075.846.24$0
Aug 2007043169.066.39$2,753
Jul 2007040170.906.39$2,562
Jun 2007098462.007.55$7,428
May 2007047058.747.85$3,688
Apr 2007039159.617.81$3,052
Mar 2007050756.927.30$3,702
Feb 200701,30455.108.22$10,714
Jan 2007056150.306.73$3,774
Dec 200601,00056.656.92$6,918
Nov 200601,39554.207.62$10,626
Oct 2006055554.906.01$3,338
Sep 2006080060.085.04$4,030
Aug 2006053268.717.34$3,905
Jul 2006059969.376.34$3,799
Jun 2006072266.286.38$4,609
May 200601,25066.016.42$8,031
Apr 200601,28264.397.36$9,436
Mar 200601,35556.707.08$9,597
Feb 2006084257.597.75$6,526
Jan 2006035760.598.93$3,189
Dec 20050054.9413.42$0
Nov 200501,52054.6910.59$16,094
Oct 200501,55058.3413.80$21,383
Sep 2005019761.4512.08$2,380
Aug 2005013861.519.80$1,352
Jul 2005026455.697.84$2,071
Jun 2005270152.337.38$5,279
May 200501,00645.226.65$6,691
Apr 200501,45549.207.36$10,710
Mar 20051261,20750.377.15$14,983
Feb 200501,70945.226.31$10,787
Jan 2005138243.166.32$2,458
Dec 200411,91539.866.75$12,968
Nov 200432,48645.286.33$15,873
Oct 200421,82349.706.52$11,976
Sep 200402,64643.245.28$13,981
Aug 200403,00642.375.55$16,685
Jul 200402,25538.286.08$13,720
Jun 200402,36236.106.43$15,195
May 200402,55137.486.49$16,568
Apr 200402,55634.475.86$14,974
Mar 200402,95034.365.53$16,314
Feb 200403,02032.455.51$16,639
Jan 2004011,86232.036.30$74,726
Dec 20031754,74630.266.30$35,203
Nov 200304,72228.804.60$21,698
Oct 200304,21228.174.76$20,048
Sep 200304,01626.314.75$19,073
Aug 200302,39829.765.13$12,301
Jul 200302,94029.415.17$15,202
Jun 200301,59628.565.98$9,549
May 200303,87626.595.97$23,150
Apr 200303,00126.675.41$16,227
Mar 200303,51931.146.10$21,452
Feb 200303,41333.487.93$27,051
Jan 200301,97530.315.58$11,025
Dec 200202,58226.914.85$12,532
Nov 20021332,95224.664.14$15,492
Oct 200203,49826.464.23$14,793
Sep 200203,31027.443.64$12,033
Aug 200203,02625.963.16$9,575
Jul 200203,09424.583.06$9,473
Jun 200203,68423.733.34$12,298
May 200203,35924.663.58$12,039
Apr 200203,83923.653.51$13,484
Mar 200203,99622.003.10$12,398
Feb 200203,75918.222.38$8,930
Jan 200202,29217.172.38$5,445
Dec 200104,35816.932.36$10,304
Nov 200104,37418.072.41$10,522
Oct 200104,76319.782.53$12,045
Sep 200104,97224.262.25$11,194
Aug 200104,81624.873.05$14,704
Jul 200145,40023.933.20$17,360
Jun 200105,20724.563.82$19,912
May 200105,28325.524.31$22,756
Apr 200103,86524.685.34$20,621
Mar 200104,60824.545.38$24,775
Feb 200103,95027.755.77$22,780
Jan 200102,66027.478.40$22,341
Dec 200002,85726.889.12$26,063
Nov 200014,12232.215.66$23,354
Oct 200003,52431.235.15$18,133
Sep 200003,07631.875.19$15,954
Aug 200003,02929.644.54$13,754
Jul 200004,05328.534.09$16,576
Jun 200013,76629.304.40$16,589
May 200004,05327.263.68$14,914
Apr 200003,56424.513.12$11,105
Mar 20001443,62128.422.86$14,448
Feb 200002,87527.622.73$7,839
Jan 2000072625.272.48$1,801
Dec 199901,97924.282.42$4,797
Nov 1999060023.192.43$1,460
Oct 1999080920.982.80$2,268
Sep 199906,74621.752.62$17,667
Aug 1999013,04319.262.88$37,506
Jul 19991329,58417.892.37$25,098
Jun 19991012,08815.942.36$28,712
May 199913811,42015.792.32$28,685
Apr 1999010,66915.102.21$23,558
Mar 1999011,97712.471.84$22,018
Feb 199914710,4019.981.82$20,374
Jan 1999012,36210.381.90$23,487
Dec 199817912,5879.201.77$23,968
Nov 199814012,73110.892.19$29,351
Oct 1998013,77012.421.97$27,116
Sep 1998013,62612.592.08$28,378
Aug 199817814,04511.301.91$28,800
Jul 1998014,62411.742.24$32,718
Jun 199814513,80211.242.24$32,509
May 199814813,11712.622.21$30,808
Apr 199809,57313.042.51$23,984
Mar 199813614,87412.802.31$36,091
Feb 1998014,81413.952.30$34,059
Jan 199816417,46514.702.15$40,044
Dec 199714617,25016.322.41$43,974
Nov 199714521,88318.193.09$70,218
Oct 199714616,93619.253.15$56,156
Sep 199714214,93017.742.95$46,635
Aug 199714015,37617.862.55$41,782
Jul 199714215,89817.582.25$38,218
Jun 199713716,43317.242.26$39,454
May 199714816,60318.972.31$41,136
Apr 199713317,02117.882.08$37,829
Mar 199715917,69518.951.94$37,326
Feb 1997517,05520.492.21$37,724
Jan 199714219,05823.483.54$70,794
Dec 199628019,05023.32$6,530
Nov 199615819,26721.97$3,471
Oct 199615720,27623.31$3,660
Sep 199612819,58922.22$2,844
Aug 199614121,31620.26$2,857
Jul 199623921,85419.55$4,672
Jun 199614622,10918.73$2,735
May 199626523,60119.43$5,149
Apr 199614423,03321.51$3,097
Mar 199629727,23019.38$5,756
Feb 199614027,23016.98$2,377
Jan 199640831,58117.07$6,965
Dec 199529134,53617.19$5,002
Nov 199526929,64216.00$4,304
Oct 199528627,36915.43$4,413
Sep 199541428,07016.18$6,699
Aug 199528324,49115.92$4,505
Jul 199529323,27815.24$4,465
Jun 199532531,77716.41$5,333
May 199547934,46917.56$8,411
Apr 199549728,11817.73$8,812
Mar 199536539,06216.44$6,001
Feb 19950016.58$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.

Mar 2008 — as filed, then multipliedworked
Condensate           135 bbl  × $101.90 =    $13,757
Gas                    0 Mcf  × $  9.66 =         $0

────────────────────────────────────────────────────
Month total                                  $13,757

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/153917 is the state's own key, not one this site invented.