COLLINS UNIT

Name: COLLINS UNIT lease production and value, Jun 2001 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by DEVON ENERGY PRODUCTION CO, L.P. (P-5 216378) in the CARTHAGE (TRAVIS PEAK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 183240District 06Field 160328122 tax incentive programmesCondensateGasSave Export

Value, all time

$1.3 M

Jun 2001 – Jun 2008

Value, last 12 filed months

$21 k

at the published price for each month

Months reported

no gaps in the span

Streams

condensate, gas

The CARTHAGE (TRAVIS PEAK) field

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 873 leases and 896 wells, and the rule below applies to all of them.

Discovered

1943-06-10

as the register files it

Field class

Oil and gas

the register's own label

Between wells

933 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 2006-10-10.

The Commission's schedule remark for this field reads: “(PETTIT, LOWER).”

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.

Programme	Filings	With an approval date	Dated	Docket
High Cost Gas	1	1	2004-04-01	155510
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	3,313 bbl	$100,331
Gas	Production	258,870 Mcf	$1,192,731
Total			$1,293,062

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 32.1941, -94.3091. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.19411, -94.30906 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

9,400 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 9,400 ft.

Completions filed

Jun 2008

1 of 1 wells

1 well


42-36534397	13 U	9,400 ft	Jun 2008	—	Yes

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 (85)

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

85 months


Jun 2008	0	0	131.33	13.03	$0
May 2008	0	247	123.17	11.57	$2,859
Apr 2008	0	298	110.31	10.45	$3,116
Mar 2008	0	179	101.90	9.66	$1,730
Feb 2008	0	225	92.53	8.77	$1,973
Jan 2008	0	193	90.38	8.21	$1,584
Dec 2007	0	231	88.33	7.30	$1,687
Nov 2007	0	298	91.67	7.29	$2,173
Oct 2007	0	217	82.85	6.92	$1,502
Sep 2007	0	203	75.84	6.24	$1,268
Aug 2007	0	264	69.06	6.39	$1,686
Jul 2007	0	184	70.90	6.39	$1,175
Jun 2007	0	133	62.00	7.55	$1,004
May 2007	0	128	58.74	7.85	$1,004
Apr 2007	0	146	59.61	7.81	$1,140
Mar 2007	0	182	56.92	7.30	$1,329
Feb 2007	0	162	55.10	8.22	$1,331
Jan 2007	0	197	50.30	6.73	$1,325
Dec 2006	0	167	56.65	6.92	$1,155
Nov 2006	0	175	54.20	7.62	$1,333
Oct 2006	0	180	54.90	6.01	$1,082
Sep 2006	0	180	60.08	5.04	$907
Aug 2006	0	192	68.71	7.34	$1,409
Jul 2006	0	193	69.37	6.34	$1,224
Jun 2006	2	190	66.28	6.38	$1,346
May 2006	21	225	66.01	6.42	$2,832
Apr 2006	47	227	64.39	7.36	$4,697
Mar 2006	60	215	56.70	7.08	$4,925
Feb 2006	32	216	57.59	7.75	$3,517
Jan 2006	14	279	60.59	8.93	$3,341
Dec 2005	17	311	54.94	13.42	$5,106
Nov 2005	39	2,104	54.69	10.59	$24,411
Oct 2005	43	2,591	58.34	13.80	$38,253
Sep 2005	22	2,507	61.45	12.08	$31,634
Aug 2005	37	2,828	61.51	9.80	$29,981
Jul 2005	46	2,996	55.69	7.84	$26,061
Jun 2005	40	2,582	52.33	7.38	$21,151
May 2005	51	3,189	45.22	6.65	$23,517
Apr 2005	55	2,732	49.20	7.36	$22,815
Mar 2005	65	3,068	50.37	7.15	$25,225
Feb 2005	41	2,750	45.22	6.31	$19,212
Jan 2005	46	3,206	43.16	6.32	$22,254
Dec 2004	53	3,260	39.86	6.75	$24,121
Nov 2004	44	3,669	45.28	6.33	$25,219
Oct 2004	36	3,938	49.70	6.52	$27,446
Sep 2004	41	5,870	43.24	5.28	$32,789
Aug 2004	25	1,604	42.37	5.55	$9,963
Jul 2004	29	520	38.28	6.08	$4,274
Jun 2004	37	2,204	36.10	6.43	$15,514
May 2004	33	3,502	37.48	6.49	$23,981
Apr 2004	6	3,756	34.47	5.86	$22,211
Mar 2004	21	4,465	34.36	5.53	$25,414
Feb 2004	26	5,167	32.45	5.51	$29,312
Jan 2004	26	7,855	32.03	6.30	$50,316
Dec 2003	12	8,140	30.26	6.30	$51,658
Nov 2003	0	362	28.80	4.60	$1,663
Oct 2003	0	424	28.17	4.76	$2,018
Sep 2003	0	266	26.31	4.75	$1,263
Aug 2003	0	330	29.76	5.13	$1,693
Jul 2003	0	351	29.41	5.17	$1,815
Jun 2003	0	355	28.56	5.98	$2,124
May 2003	0	375	26.59	5.97	$2,240
Apr 2003	0	875	26.67	5.41	$4,731
Mar 2003	0	3,714	31.14	6.10	$22,641
Feb 2003	3	4,081	33.48	7.93	$32,446
Jan 2003	27	3,869	30.31	5.58	$22,415
Dec 2002	25	3,496	26.91	4.85	$17,641
Nov 2002	31	5,098	24.66	4.14	$21,855
Oct 2002	42	4,741	26.46	4.23	$21,162
Sep 2002	32	3,171	27.44	3.64	$12,405
Aug 2002	35	4,546	25.96	3.16	$15,293
Jul 2002	52	5,840	24.58	3.06	$19,159
Jun 2002	56	6,028	23.73	3.34	$21,452
May 2002	46	7,070	24.66	3.58	$26,473
Apr 2002	58	6,688	23.65	3.51	$24,862
Mar 2002	86	9,909	22.00	3.10	$32,637
Feb 2002	103	6,767	18.22	2.38	$17,953
Jan 2002	132	14,133	17.17	2.38	$35,842
Dec 2001	143	4,818	16.93	2.36	$13,813
Nov 2001	372	9,225	18.07	2.41	$28,913
Oct 2001	356	11,863	19.78	2.53	$37,042
Sep 2001	263	15,004	24.26	2.25	$40,159
Aug 2001	106	9,465	24.87	3.05	$31,534
Jul 2001	158	17,580	23.93	3.20	$59,986
Jun 2001	120	7,686	24.56	3.82	$32,340

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.

May 2008 — as filed, then multipliedworked

Condensate             0 bbl  × $123.17 =         $0
Gas                  247 Mcf  × $ 11.57 =     $2,859

────────────────────────────────────────────────────
Month total                                   $2,859

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/183240 is the state's own key, not one this site invented.