BILL POWERS A

Operated by CRD OPERATING, LLC (P-5 186953) in the CARTHAGE, S. (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 226271District 06Field 160372002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.9 M
Feb 2007 – Dec 2019
Value, last 12 filed months
$23 k
at the published price for each month
Months reported
155
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 101 leases and 101 wells, and the rule below applies to all of them.

Discovered
1978-02-20
as the register files it
Field class
Gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres.

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 11/01/97.

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 Gas112007-05-29174510
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
CondensateDisposition9,049 bbl$695,220
GasProduction369,373 Mcf$2,215,587
Total$2,910,807

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 32.1296, -94.4900. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.12959, -94.49004 · 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
0.0%
0 of 1 wells
Median depth
9,975 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 9,975 ft.

Completions filed
Dec 2019
1 of 1 wells

1 well

42-3653639579,975 ftDec 2019Yes

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 (155)

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

155 months

Dec 20190059.012.30$0
Nov 2019047155.302.75$1,296
Oct 2019054553.472.42$1,318
Sep 20193973855.052.66$4,108
Aug 2019033753.112.30$777
Jul 201901,86656.272.46$4,590
Jun 2019045852.782.49$1,141
May 20192250058.482.74$2,657
Apr 2019049962.632.75$1,373
Mar 2019054556.803.06$1,669
Feb 2019054350.852.79$1,516
Jan 2019065746.033.23$2,121
Dec 2018067846.594.19$2,838
Nov 2018066552.934.24$2,818
Oct 2018053361.443.40$1,811
Sep 20188844259.543.11$6,613
Aug 2018044159.403.07$1,352
Jul 2018043665.142.93$1,278
Jun 201813741660.183.08$9,525
May 2018042865.382.90$1,242
Apr 2018048463.842.90$1,404
Mar 201812145061.222.79$8,662
Feb 201810244461.782.77$7,530
Jan 2018049862.874.01$1,997
Dec 2017041157.272.92$1,201
Nov 2017038255.423.12$1,191
Oct 20176448449.292.98$4,599
Sep 2017048447.523.09$1,494
Aug 20175343045.373.00$3,697
Jul 2017048343.873.09$1,491
Jun 2017054442.493.09$1,679
May 20174243945.373.26$3,338
Apr 2017048847.933.21$1,567
Mar 20173952146.772.98$3,379
Feb 2017047650.452.95$1,405
Jan 2017056049.413.42$1,915
Dec 20161658448.763.72$2,954
Nov 2016058842.492.64$1,555
Oct 2016053046.193.09$1,638
Sep 2016075141.553.10$2,329
Aug 2016084741.442.92$2,477
Jul 2016082741.622.92$2,418
Jun 2016069545.352.69$1,867
May 2016051242.521.99$1,019
Apr 2016066636.561.99$1,326
Mar 2016070233.011.79$1,259
Feb 2016055526.472.06$1,145
Jan 2016064827.352.36$1,532
Dec 2015065232.362.00$1,305
Nov 2015066538.792.17$1,441
Oct 2015069543.552.43$1,686
Sep 2015081342.992.76$2,243
Aug 201501,32640.162.87$3,809
Jul 201501,41248.152.95$4,158
Jun 201501,06856.152.88$3,079
May 2015098855.212.96$2,920
Apr 201501,17549.822.71$3,180
Mar 2015020242.892.93$593
Feb 2015094844.662.98$2,821
Jan 201501,09143.433.10$3,383
Dec 201401,11054.693.59$3,986
Nov 201401,31070.464.25$5,570
Oct 201401,28178.303.90$4,997
Sep 201401,34586.164.05$5,441
Aug 201401,64289.394.04$6,626
Jul 2014361,73496.564.18$10,724
Jun 201401,70298.164.74$8,062
May 2014831,79194.734.73$16,328
Apr 201401,75195.944.81$8,421
Mar 2014931,85095.895.06$18,273
Feb 2014241,54497.406.19$11,898
Jan 2014721,34290.404.86$13,032
Dec 201301,27091.824.35$5,530
Nov 2013841,26288.853.74$12,181
Oct 201301,29497.423.78$4,890
Sep 2013951,442104.113.72$15,251
Aug 201301,614104.253.52$5,685
Jul 2013441,473102.523.72$9,987
Jun 2013721,43994.403.93$12,457
May 2013421,72694.834.15$11,144
Apr 2013622,31193.964.28$15,723
Mar 2013651,78593.623.91$13,070
Feb 2013111,20191.233.42$5,111
Jan 2013571,33191.603.42$9,773
Dec 2012171,34586.773.42$6,075
Nov 2012371,37886.953.62$8,212
Oct 2012121,38389.383.40$5,774
Sep 2012261,40194.672.92$6,550
Aug 2012351,46992.662.91$7,515
Jul 2012191,62685.133.02$6,529
Jun 2012131,37179.822.52$4,491
May 2012651,52291.612.49$9,742
Apr 20121041,489101.652.00$13,545
Mar 2012901,293105.052.22$12,328
Feb 20121051,384101.102.57$14,173
Jan 201281,48998.092.73$4,856
Dec 2011751,54096.873.24$12,254
Nov 2011291,61095.723.31$8,107
Oct 2011491,72984.983.65$10,472
Sep 201111,75483.623.99$7,075
Aug 2011341,66583.404.15$9,744
Jul 201111,61694.144.52$7,394
Jun 2011201,68992.904.64$9,695
May 2011671,64198.134.40$13,803
Apr 2011551,445105.964.33$12,089
Mar 2011651,97796.364.06$14,285
Feb 2011631,39485.644.18$11,222
Jan 2011732,24986.504.59$16,635
Dec 2010591,70785.734.35$12,480
Nov 201012,50080.843.80$9,569
Oct 2010803,20678.103.51$17,498
Sep 2010691,77472.633.98$12,071
Aug 2010612,37873.684.42$15,004
Jul 20101152,58472.554.74$20,582
Jun 2010652,56570.364.91$17,169
May 201003,46971.124.24$14,692
Apr 2010311,69281.694.12$9,508
Mar 2010431,77478.394.39$11,156
Feb 2010482,74873.585.44$18,487
Jan 2010411,93874.365.96$14,607
Dec 2009181,85671.445.48$11,464
Nov 200902,55274.593.75$9,574
Oct 2009314,10072.544.11$19,101
Sep 2009222,74765.543.06$9,861
Aug 2009162,17467.423.22$8,076
Jul 2009202,55261.133.46$10,064
Jun 2009725,56666.163.90$26,443
May 20092783,81654.743.93$30,198
Apr 200901,83346.773.59$6,576
Mar 20090042.144.06$0
Feb 20097064032.814.63$5,262
Jan 20091455,24735.865.37$33,381
Dec 2008774,81737.105.98$31,649
Nov 2008754,57755.496.86$35,562
Oct 2008765,23275.246.92$41,934
Sep 2008634,613101.767.88$42,748
Aug 2008755,004114.228.48$51,016
Jul 20081445,889131.0811.39$85,948
Jun 2008815,975131.3313.03$88,508
May 20081685,980123.1711.57$89,907
Apr 20081686,458110.3110.45$86,050
Mar 20081746,936101.909.66$84,761
Feb 20081626,88992.538.77$75,410
Jan 20082567,88490.388.21$87,831
Dec 20071698,38088.337.30$76,118
Nov 20071578,83791.677.29$78,829
Oct 200717210,05482.856.92$83,844
Sep 200732411,09475.846.24$93,845
Aug 20074218,05669.066.39$80,536
Jul 200724910,07070.906.39$81,981
Jun 200743811,09062.007.55$110,868
May 200750911,73058.747.85$121,936
Apr 200745914,47459.617.81$140,333
Mar 200772124,72856.927.30$221,602
Feb 200707,46355.108.22$61,316

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.

Nov 2019 — as filed, then multipliedworked
Condensate             0 bbl  × $ 55.30 =         $0
Gas                  471 Mcf  × $  2.75 =     $1,296

────────────────────────────────────────────────────
Month total                                   $1,296

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/226271 is the state's own key, not one this site invented.