RUTLAND

Name: RUTLAND lease production and value, Jun 2007 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by TANOS EXPLORATION II, LLC (P-5 835976) in the HARDWOOD (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 229032District 06Field 390262002 tax incentive programmesCondensateGasSave Export

Value, all time

$1.7 M

Jun 2007 – Jul 2019

Value, last 12 filed months

$730

at the published price for each month

Months reported

146

no gaps in the span

Streams

condensate, gas

The HARDWOOD (COTTON VALLEY) 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 91 leases and 91 wells, and the rule below applies to all of them.

Discovered

1985-02-08

as the register files it

Field class

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 2010-11-30.

The Commission's schedule remark for this field reads: “STACKED LATERAL INFORMATION. ALLOCATION FORMULA REMAINS SUSPENDED.”

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	2010-07-27	199123
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	1,884 bbl	$156,049
Gas	Production	248,088 Mcf	$1,558,079
Total			$1,714,128

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 32.4317, -94.3144. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.43173, -94.31441 · 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

10,270 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 10,270 ft.

Completions filed

May 2019

1 of 1 wells

1 well


42-20333854	2	10,270 ft	May 2019	—	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 (146)

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

146 months


Jul 2019	0	0	56.27	2.46	$0
Jun 2019	0	0	52.78	2.49	$0
May 2019	1	0	58.48	2.74	$58
Apr 2019	0	0	62.63	2.75	$0
Mar 2019	0	0	56.80	3.06	$0
Feb 2019	0	0	50.85	2.79	$0
Jan 2019	0	0	46.03	3.23	$0
Dec 2018	0	0	46.59	4.19	$0
Nov 2018	0	0	52.93	4.24	$0
Oct 2018	2	67	61.44	3.40	$351
Sep 2018	0	41	59.54	3.11	$127
Aug 2018	0	63	59.40	3.07	$193
Jul 2018	0	47	65.14	2.93	$138
Jun 2018	0	69	60.18	3.08	$212
May 2018	0	53	65.38	2.90	$154
Apr 2018	2	42	63.84	2.90	$250
Mar 2018	0	11	61.22	2.79	$31
Feb 2018	0	47	61.78	2.77	$130
Jan 2018	0	59	62.87	4.01	$237
Dec 2017	0	30	57.27	2.92	$88
Nov 2017	0	101	55.42	3.12	$315
Oct 2017	0	113	49.29	2.98	$337
Sep 2017	0	133	47.52	3.09	$411
Aug 2017	0	138	45.37	3.00	$415
Jul 2017	4	146	43.87	3.09	$626
Jun 2017	0	140	42.49	3.09	$432
May 2017	0	50	45.37	3.26	$163
Apr 2017	0	12	47.93	3.21	$39
Mar 2017	0	103	46.77	2.98	$307
Feb 2017	0	152	50.45	2.95	$449
Jan 2017	0	155	49.41	3.42	$530
Dec 2016	0	130	48.76	3.72	$484
Nov 2016	0	36	42.49	2.64	$95
Oct 2016	0	4	46.19	3.09	$12
Sep 2016	0	48	41.55	3.10	$149
Aug 2016	1	47	41.44	2.92	$179
Jul 2016	0	0	41.62	2.92	$0
Jun 2016	0	0	45.35	2.69	$0
May 2016	2	53	42.52	1.99	$191
Apr 2016	0	94	36.56	1.99	$187
Mar 2016	0	98	33.01	1.79	$176
Feb 2016	0	88	26.47	2.06	$182
Jan 2016	0	156	27.35	2.36	$369
Dec 2015	0	0	32.36	2.00	$0
Nov 2015	0	3	38.79	2.17	$7
Oct 2015	0	0	43.55	2.43	$0
Sep 2015	0	46	42.99	2.76	$127
Aug 2015	0	65	40.16	2.87	$187
Jul 2015	0	31	48.15	2.95	$91
Jun 2015	0	29	56.15	2.88	$84
May 2015	0	54	55.21	2.96	$160
Apr 2015	0	81	49.82	2.71	$219
Mar 2015	0	44	42.89	2.93	$129
Feb 2015	0	67	44.66	2.98	$199
Jan 2015	0	51	43.43	3.10	$158
Dec 2014	0	170	54.69	3.59	$611
Nov 2014	0	99	70.46	4.25	$421
Oct 2014	0	170	78.30	3.90	$663
Sep 2014	0	120	86.16	4.05	$485
Aug 2014	0	220	89.39	4.04	$888
Jul 2014	0	522	96.56	4.18	$2,182
Jun 2014	0	388	98.16	4.74	$1,838
May 2014	0	493	94.73	4.73	$2,330
Apr 2014	14	702	95.94	4.81	$4,719
Mar 2014	0	629	95.89	5.06	$3,181
Feb 2014	0	585	97.40	6.19	$3,622
Jan 2014	0	648	90.40	4.86	$3,150
Dec 2013	0	837	91.82	4.35	$3,645
Nov 2013	0	857	88.85	3.74	$3,204
Oct 2013	0	820	97.42	3.78	$3,099
Sep 2013	0	866	104.11	3.72	$3,220
Aug 2013	0	970	104.25	3.52	$3,417
Jul 2013	0	772	102.52	3.72	$2,870
Jun 2013	0	728	94.40	3.93	$2,864
May 2013	13	796	94.83	4.15	$4,535
Apr 2013	0	797	93.96	4.28	$3,413
Mar 2013	10	1,007	93.62	3.91	$4,876
Feb 2013	12	627	91.23	3.42	$3,239
Jan 2013	0	905	91.60	3.42	$3,095
Dec 2012	13	928	86.77	3.42	$4,302
Nov 2012	0	877	86.95	3.62	$3,179
Oct 2012	11	875	89.38	3.40	$3,958
Sep 2012	16	1,064	94.67	2.92	$4,620
Aug 2012	0	1,218	92.66	2.91	$3,542
Jul 2012	18	1,386	85.13	3.02	$5,719
Jun 2012	0	1,408	79.82	2.52	$3,547
May 2012	17	1,492	91.61	2.49	$5,270
Apr 2012	16	1,466	101.65	2.00	$4,554
Mar 2012	14	1,440	105.05	2.22	$4,671
Feb 2012	15	1,209	101.10	2.57	$4,624
Jan 2012	10	1,023	98.09	2.73	$3,778
Dec 2011	10	837	96.87	3.24	$3,680
Nov 2011	0	1,139	95.72	3.31	$3,772
Oct 2011	10	1,124	84.98	3.65	$4,951
Sep 2011	10	945	83.62	3.99	$4,603
Aug 2011	10	1,253	83.40	4.15	$6,033
Jul 2011	0	1,093	94.14	4.52	$4,937
Jun 2011	24	1,224	92.90	4.64	$7,909
May 2011	0	1,432	98.13	4.40	$6,308
Apr 2011	12	1,426	105.96	4.33	$7,451
Mar 2011	13	1,491	96.36	4.06	$7,302
Feb 2011	14	1,245	85.64	4.18	$6,403
Jan 2011	15	1,607	86.50	4.59	$8,672
Dec 2010	13	1,612	85.73	4.35	$8,123
Nov 2010	13	1,511	80.84	3.80	$6,786
Oct 2010	10	1,582	78.10	3.51	$6,332
Sep 2010	14	1,581	72.63	3.98	$7,308
Aug 2010	13	1,550	73.68	4.42	$7,808
Jul 2010	0	1,611	72.55	4.74	$7,630
Jun 2010	0	1,584	70.36	4.91	$7,778
May 2010	14	1,719	71.12	4.24	$8,276
Apr 2010	28	1,752	81.69	4.12	$9,510
Mar 2010	0	2,286	78.39	4.39	$10,033
Feb 2010	16	2,197	73.58	5.44	$13,134
Jan 2010	16	2,570	74.36	5.96	$16,517
Dec 2009	19	2,912	71.44	5.48	$17,326
Nov 2009	37	2,705	74.59	3.75	$12,908
Oct 2009	19	3,554	72.54	4.11	$15,986
Sep 2009	18	3,048	65.54	3.06	$10,521
Aug 2009	18	3,370	67.42	3.22	$12,060
Jul 2009	16	3,145	61.13	3.46	$11,874
Jun 2009	49	3,275	66.16	3.90	$15,998
May 2009	16	3,582	54.74	3.93	$14,938
Apr 2009	18	3,853	46.77	3.59	$14,665
Mar 2009	31	3,492	42.14	4.06	$15,480
Feb 2009	59	2,764	32.81	4.63	$14,741
Jan 2009	14	3,610	35.86	5.37	$19,891
Dec 2008	31	3,516	37.10	5.98	$22,166
Nov 2008	29	3,757	55.49	6.86	$27,384
Oct 2008	28	3,753	75.24	6.92	$28,085
Sep 2008	26	3,243	101.76	7.88	$28,191
Aug 2008	35	4,511	114.22	8.48	$42,265
Jul 2008	36	5,393	131.08	11.39	$66,142
Jun 2008	37	5,685	131.33	13.03	$78,950
May 2008	79	6,332	123.17	11.57	$83,019
Apr 2008	39	6,518	110.31	10.45	$72,447
Mar 2008	85	7,231	101.90	9.66	$78,542
Feb 2008	65	7,088	92.53	8.77	$68,180
Jan 2008	94	8,267	90.38	8.21	$76,332
Dec 2007	78	8,913	88.33	7.30	$71,972
Nov 2007	65	6,213	91.67	7.29	$51,262
Oct 2007	59	7,737	82.85	6.92	$58,444
Sep 2007	64	9,042	75.84	6.24	$61,313
Aug 2007	97	12,193	69.06	6.39	$84,587
Jul 2007	122	12,786	70.90	6.39	$90,326
Jun 2007	55	18,118	62.00	7.55	$140,173

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 2019 — as filed, then multipliedworked

Condensate             1 bbl  × $ 58.48 =        $58
Gas                    0 Mcf  × $  2.74 =         $0

────────────────────────────────────────────────────
Month total                                      $58

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/229032 is the state's own key, not one this site invented.