TREADAWAY

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

Operated by QUANTUM RESOURCES MANAGEMENT,LLC (P-5 684554) in the WILLOW SPRINGS (COTTON VALLEY,W) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 183812District 06Field 977521102 tax incentive programmesCondensateGasSave Export

Value, all time

$1.3 M

Jun 2001 – Nov 2013

Value, last 12 filed months

$513

at the published price for each month

Months reported

150

no gaps in the span

Streams

condensate, gas

The WILLOW SPRINGS (COTTON VALLEY,W) 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 26 leases and 26 wells, and the rule below applies to all of them.

Discovered

1975-12-11

as the register files it

Field class

Gas

the register's own label

Between wells

600 ft

minimum

From a lease line

467 ft

minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2010-04-20.

The Commission's schedule remark for this field reads: “SPRINGS (COTTON VALLEY) FIELD, ADMINISTRATIVE EFFECT DATE 5/1/14.”

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	2001-10-01	144682
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	42 bbl	$3,678
Gas	Production	316,008 Mcf	$1,303,652
Total			$1,307,330

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 32.6178, -94.7725. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.61778, -94.77255 · 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

10,900 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 10,900 ft.

Completions filed

Nov 2013

1 of 1 wells

1 well


42-18331461	1	10,900 ft	Nov 2013	—	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 (150)

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

150 months


Nov 2013	0	0	88.85	3.74	$0
Oct 2013	0	0	97.42	3.78	$0
Sep 2013	0	23	104.11	3.72	$86
Aug 2013	0	31	104.25	3.52	$109
Jul 2013	0	30	102.52	3.72	$112
Jun 2013	0	8	94.40	3.93	$31
May 2013	0	2	94.83	4.15	$8
Apr 2013	0	7	93.96	4.28	$30
Mar 2013	0	7	93.62	3.91	$27
Feb 2013	0	11	91.23	3.42	$38
Jan 2013	0	21	91.60	3.42	$72
Dec 2012	0	0	86.77	3.42	$0
Nov 2012	0	0	86.95	3.62	$0
Oct 2012	0	41	89.38	3.40	$139
Sep 2012	0	2	94.67	2.92	$6
Aug 2012	0	0	92.66	2.91	$0
Jul 2012	0	48	85.13	3.02	$145
Jun 2012	0	4	79.82	2.52	$10
May 2012	0	153	91.61	2.49	$381
Apr 2012	0	3	101.65	2.00	$6
Mar 2012	0	0	105.05	2.22	$0
Feb 2012	0	35	101.10	2.57	$90
Jan 2012	0	0	98.09	2.73	$0
Dec 2011	0	6	96.87	3.24	$19
Nov 2011	0	0	95.72	3.31	$0
Oct 2011	0	91	84.98	3.65	$332
Sep 2011	0	3	83.62	3.99	$12
Aug 2011	0	11	83.40	4.15	$46
Jul 2011	0	6	94.14	4.52	$27
Jun 2011	0	10	92.90	4.64	$46
May 2011	0	29	98.13	4.40	$128
Apr 2011	0	5	105.96	4.33	$22
Mar 2011	0	17	96.36	4.06	$69
Feb 2011	0	0	85.64	4.18	$0
Jan 2011	0	254	86.50	4.59	$1,166
Dec 2010	0	103	85.73	4.35	$448
Nov 2010	0	0	80.84	3.80	$0
Oct 2010	0	3	78.10	3.51	$11
Sep 2010	0	78	72.63	3.98	$310
Aug 2010	0	1	73.68	4.42	$4
Jul 2010	0	5	72.55	4.74	$24
Jun 2010	0	77	70.36	4.91	$378
May 2010	0	0	71.12	4.24	$0
Apr 2010	0	143	81.69	4.12	$590
Mar 2010	0	0	78.39	4.39	$0
Feb 2010	0	1	73.58	5.44	$5
Jan 2010	0	0	74.36	5.96	$0
Dec 2009	0	0	71.44	5.48	$0
Nov 2009	1	0	74.59	3.75	$75
Oct 2009	5	2	72.54	4.11	$371
Sep 2009	12	13	65.54	3.06	$826
Aug 2009	1	186	67.42	3.22	$666
Jul 2009	1	25	61.13	3.46	$148
Jun 2009	0	0	66.16	3.90	$0
May 2009	0	0	54.74	3.93	$0
Apr 2009	0	0	46.77	3.59	$0
Mar 2009	0	93	42.14	4.06	$377
Feb 2009	0	7	32.81	4.63	$32
Jan 2009	1	17	35.86	5.37	$127
Dec 2008	0	0	37.10	5.98	$0
Nov 2008	1	0	55.49	6.86	$55
Oct 2008	2	134	75.24	6.92	$1,078
Sep 2008	2	0	101.76	7.88	$204
Aug 2008	6	19	114.22	8.48	$847
Jul 2008	5	12	131.08	11.39	$792
Jun 2008	1	10	131.33	13.03	$262
May 2008	1	2	123.17	11.57	$146
Apr 2008	0	0	110.31	10.45	$0
Mar 2008	1	8	101.90	9.66	$179
Feb 2008	1	13	92.53	8.77	$207
Jan 2008	1	12	90.38	8.21	$189
Dec 2007	0	0	88.33	7.30	$0
Nov 2007	0	3	91.67	7.29	$22
Oct 2007	0	5	82.85	6.92	$35
Sep 2007	0	23	75.84	6.24	$144
Aug 2007	0	1	69.06	6.39	$6
Jul 2007	0	30	70.90	6.39	$192
Jun 2007	0	20	62.00	7.55	$151
May 2007	0	20	58.74	7.85	$157
Apr 2007	0	180	59.61	7.81	$1,405
Mar 2007	0	630	56.92	7.30	$4,600
Feb 2007	0	595	55.10	8.22	$4,889
Jan 2007	0	1,024	50.30	6.73	$6,888
Dec 2006	0	33	56.65	6.92	$228
Nov 2006	0	338	54.20	7.62	$2,575
Oct 2006	0	389	54.90	6.01	$2,339
Sep 2006	0	70	60.08	5.04	$353
Aug 2006	0	281	68.71	7.34	$2,063
Jul 2006	0	191	69.37	6.34	$1,211
Jun 2006	0	466	66.28	6.38	$2,975
May 2006	0	838	66.01	6.42	$5,384
Apr 2006	0	967	64.39	7.36	$7,118
Mar 2006	0	424	56.70	7.08	$3,003
Feb 2006	0	200	57.59	7.75	$1,550
Jan 2006	0	673	60.59	8.93	$6,012
Dec 2005	0	773	54.94	13.42	$10,370
Nov 2005	0	749	54.69	10.59	$7,931
Oct 2005	0	706	58.34	13.80	$9,740
Sep 2005	0	995	61.45	12.08	$12,019
Aug 2005	0	1,498	61.51	9.80	$14,676
Jul 2005	0	2,035	55.69	7.84	$15,962
Jun 2005	0	1,580	52.33	7.38	$11,662
May 2005	0	1,655	45.22	6.65	$11,008
Apr 2005	0	1,735	49.20	7.36	$12,770
Mar 2005	0	2,747	50.37	7.15	$19,654
Feb 2005	0	2,603	45.22	6.31	$16,430
Jan 2005	0	2,734	43.16	6.32	$17,285
Dec 2004	0	2,918	39.86	6.75	$19,700
Nov 2004	0	3,517	45.28	6.33	$22,264
Oct 2004	0	540	49.70	6.52	$3,518
Sep 2004	0	61	43.24	5.28	$322
Aug 2004	0	1,466	42.37	5.55	$8,137
Jul 2004	0	2,642	38.28	6.08	$16,074
Jun 2004	0	1,984	36.10	6.43	$12,763
May 2004	0	2,243	37.48	6.49	$14,567
Apr 2004	0	2,820	34.47	5.86	$16,521
Mar 2004	0	2,747	34.36	5.53	$15,191
Feb 2004	0	1,786	32.45	5.51	$9,840
Jan 2004	0	2,775	32.03	6.30	$17,482
Dec 2003	0	3,537	30.26	6.30	$22,289
Nov 2003	0	3,563	28.80	4.60	$16,373
Oct 2003	0	3,895	28.17	4.76	$18,539
Sep 2003	0	3,701	26.31	4.75	$17,577
Aug 2003	0	3,598	29.76	5.13	$18,457
Jul 2003	0	4,187	29.41	5.17	$21,650
Jun 2003	0	4,208	28.56	5.98	$25,176
May 2003	0	4,379	26.59	5.97	$26,154
Apr 2003	0	4,499	26.67	5.41	$24,327
Mar 2003	0	4,778	31.14	6.10	$29,127
Feb 2003	0	4,606	33.48	7.93	$36,507
Jan 2003	0	5,309	30.31	5.58	$29,635
Dec 2002	0	5,527	26.91	4.85	$26,827
Nov 2002	0	5,241	24.66	4.14	$21,682
Oct 2002	0	6,220	26.46	4.23	$26,305
Sep 2002	0	5,920	27.44	3.64	$21,520
Aug 2002	0	6,347	25.96	3.16	$20,083
Jul 2002	0	7,027	24.58	3.06	$21,515
Jun 2002	0	6,855	23.73	3.34	$22,884
May 2002	0	7,567	24.66	3.58	$27,120
Apr 2002	0	8,168	23.65	3.51	$28,689
Mar 2002	0	9,304	22.00	3.10	$28,868
Feb 2002	0	9,395	18.22	2.38	$22,320
Jan 2002	0	11,848	17.17	2.38	$28,147
Dec 2001	0	12,931	16.93	2.36	$30,574
Nov 2001	0	12,865	18.07	2.41	$30,947
Oct 2001	0	15,943	19.78	2.53	$40,318
Sep 2001	0	17,608	24.26	2.25	$39,641
Aug 2001	0	22,352	24.87	3.05	$68,244
Jul 2001	0	29,021	23.93	3.20	$92,782
Jun 2001	0	11,077	24.56	3.82	$42,360

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.

Sep 2013 — as filed, then multipliedworked

Condensate             0 bbl  × $104.11 =         $0
Gas                   23 Mcf  × $  3.72 =        $86

────────────────────────────────────────────────────
Month total                                      $86

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/183812 is the state's own key, not one this site invented.