FINNEY

Operated by CYPRESS PRODUCTION, INC. (P-5 195806) in the DANVILLE (TP-CV CONS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 222004District 06Field 230898002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.5 M
May 2006 – Nov 2016
Value, last 12 filed months
$0
at the published price for each month
Months reported
126
1 month not filed
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 211 leases and 215 wells, and the rule below applies to all of them.

Discovered
2008-01-28
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 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 2008-01-28.

The Commission's schedule remark for this field reads: PLATS NOT REQUIRED FOR VERTICAL.

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 Gas112007-03-26172754
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
CondensateDisposition13,192 bbl$929,413
GasProduction268,461 Mcf$1,609,819
Total$2,539,231

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 32.3545, -94.8572. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.35449, -94.85718 · 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
7,665 ft
1 wells filed one
Completion to plug
10.3 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 7,665 ft.

Completions filed
Jul 2006
1 of 1 wells
Plug dates filed
Nov 2016
1 of 1 wells

Last completion to plug: a median of 10.3 years across the 1 well that filed both dates, with the middle half between 10.3 years and 10.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4013388027,665 ftJul 2006Nov 2016Yes

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 (126)

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

126 months

Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 2015142055.212.96$7,840
Apr 20150049.822.71$0
Mar 2015017242.892.93$505
Feb 2015017344.662.98$515
Jan 2015017243.433.10$533
Dec 2014021154.693.59$758
Nov 2014019870.464.25$842
Oct 2014023878.303.90$928
Sep 2014011986.164.05$481
Aug 2014020889.394.04$839
Jul 201417517696.564.18$17,634
Jun 2014059398.164.74$2,809
May 2014064394.734.73$3,039
Apr 2014067995.944.81$3,265
Mar 20142075295.895.06$20,112
Feb 2014049197.406.19$3,040
Jan 2014040590.404.86$1,969
Dec 2013058891.824.35$2,560
Nov 201303988.853.74$146
Oct 201317432197.423.78$18,164
Sep 20130384104.113.72$1,428
Aug 20130356104.253.52$1,254
Jul 2013091102.523.72$338
Jun 201307694.403.93$299
May 201302994.834.15$120
Apr 2013051993.964.28$2,223
Mar 2013052493.623.91$2,050
Feb 201318653091.233.42$18,781
Jan 2013060791.603.42$2,076
Dec 2012064186.773.42$2,192
Nov 2012065786.953.62$2,382
Oct 20121171,34389.383.40$15,023
Sep 2012089194.672.92$2,600
Aug 2012092392.662.91$2,684
Jul 2012072885.133.02$2,199
Jun 201216542879.822.52$14,248
May 2012062291.612.49$1,548
Apr 20120761101.652.00$1,520
Mar 20120813105.052.22$1,807
Feb 20120640101.102.57$1,645
Jan 201217962798.092.73$19,272
Dec 2011081796.873.24$2,647
Nov 2011082095.723.31$2,715
Oct 201117985684.983.65$18,335
Sep 201101,24583.623.99$4,962
Aug 201101,50983.404.15$6,261
Jul 201101,95194.144.52$8,813
Jun 20111661,19692.904.64$20,971
May 201101,14798.134.40$5,052
Apr 201101,120105.964.33$4,853
Mar 201101,41496.364.06$5,737
Feb 20111751,30285.644.18$20,429
Jan 201101,30186.504.59$5,970
Dec 201001,65785.734.35$7,204
Nov 20101812,17880.843.80$22,898
Oct 201012,10778.103.51$7,471
Sep 20101812,32472.633.98$22,394
Aug 201001,75573.684.42$7,756
Jul 20101762,41872.554.74$24,222
Jun 20101771,58870.364.91$20,251
May 201002,46871.124.24$10,453
Apr 20101782,13281.694.12$23,330
Mar 201002,72978.394.39$11,977
Feb 20101852,91973.585.44$29,499
Jan 201002,53874.365.96$15,137
Dec 20091832,56671.445.48$27,145
Nov 200902,63374.593.75$9,878
Oct 20091732,87972.544.11$24,383
Sep 200902,69365.543.06$8,253
Aug 20091572,87167.423.22$19,825
Jul 20091802,18061.133.46$18,556
Jun 20091752,56066.163.90$21,549
May 20091763,79754.743.93$24,540
Apr 20091733,97446.773.59$22,348
Mar 20091825,83542.144.06$31,354
Feb 20091773,21332.814.63$20,693
Jan 200902,25035.865.37$12,085
Dec 2008048037.105.98$2,869
Nov 200816972855.496.86$14,372
Oct 200801,24575.246.92$8,618
Sep 200801,328101.767.88$10,461
Aug 2008177890114.228.48$27,767
Jul 20081919131.0811.39$10,598
Jun 20081611,460131.3313.03$40,172
May 20081812,756123.1711.57$54,193
Apr 200802,994110.3110.45$31,302
Mar 20083302,316101.909.66$56,009
Feb 20081742,32192.538.77$36,457
Jan 20081802,32190.388.21$35,314
Dec 20071805,43288.337.30$55,564
Nov 20071602,92991.677.29$36,025
Oct 20071792,45482.856.92$31,817
Sep 20071751,93175.846.24$25,329
Aug 20071641,76869.066.39$22,620
Jul 20071831,52470.906.39$22,710
Jun 20071803,37462.007.55$36,628
May 20073523,74058.747.85$50,022
Apr 20073446,12159.617.81$68,281
Mar 20073588,22256.927.30$80,414
Feb 20073557,53555.108.22$81,468
Jan 20075159,95250.306.73$92,850
Dec 200648410,76956.656.92$101,923
Nov 200653410,71954.207.62$110,595
Oct 200686516,53854.906.01$146,945
Sep 200684923,66860.085.04$170,228
Aug 20061,42223,78568.717.34$272,286
Jul 2006011,63269.376.34$73,779
May 20060066.016.42$0

Not filed, and not zero: Jun 2006. The Railroad Commission holds no report for those months, so this page shows none — a zero would state that the lease produced nothing.

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 2015 — as filed, then multipliedworked
Condensate           142 bbl  × $ 55.21 =     $7,840
Gas                    0 Mcf  × $  2.96 =         $0

────────────────────────────────────────────────────
Month total                                   $7,840

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/222004 is the state's own key, not one this site invented.