ADAMS, T. C. NCT-1

Operated by CHEVRON U. S. A. INC. (P-5 148113) in the BETHANY (TRAVIS PEAK CONS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 237153District 06Field 075277222 tax incentive programmesGasSaveExport
Value, all time
$246 k
Jan 2008 – Apr 2013
Value, last 12 filed months
$0
at the published price for each month
Months reported
64
no gaps in the span
Streams
1
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 244 leases and 248 wells, and the rule below applies to all of them.

Discovered
1998-05-12
as the register files it
Field class
Oil and 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 field rule took effect on 2008-02-12.

The Commission's schedule remark for this field reads: FIELD. EFFECTIVE 4/12/16

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 Gas112010-12-28198739
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
GasProduction32,916 Mcf$246,449
Total$246,449

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 32.2913, -94.0863. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.29127, -94.08632 · 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
5,968 ft
1 wells filed one
Completion to plug
5.2 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 5,968 ft.

Completions filed
Feb 2008
1 of 1 wells
Plug dates filed
Apr 2013
1 of 1 wells

Last completion to plug: a median of 5.2 years across the 1 well that filed both dates, with the middle half between 5.2 years and 5.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-36536815665,968 ftFeb 2008Apr 2013Yes

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 (64)

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

64 months

Apr 2013093.964.28$0
Mar 2013093.623.91$0
Feb 2013091.233.42$0
Jan 2013091.603.42$0
Dec 2012086.773.42$0
Nov 2012086.953.62$0
Oct 2012089.383.40$0
Sep 2012094.672.92$0
Aug 2012092.662.91$0
Jul 2012085.133.02$0
Jun 2012079.822.52$0
May 2012091.612.49$0
Apr 20120101.652.00$0
Mar 2012106105.052.22$236
Feb 2012386101.102.57$992
Jan 201238898.092.73$1,061
Dec 201131196.873.24$1,008
Nov 201131695.723.31$1,046
Oct 201140284.983.65$1,467
Sep 201135983.623.99$1,431
Aug 2011083.404.15$0
Jul 2011094.144.52$0
Jun 2011092.904.64$0
May 2011098.134.40$0
Apr 20110105.964.33$0
Mar 2011096.364.06$0
Feb 2011085.644.18$0
Jan 2011086.504.59$0
Dec 20107985.734.35$343
Nov 201033880.843.80$1,283
Oct 201038478.103.51$1,347
Sep 201037572.633.98$1,492
Aug 201038073.684.42$1,679
Jul 201044272.554.74$2,094
Jun 201036270.364.91$1,778
May 201045471.124.24$1,923
Apr 201042281.694.12$1,740
Mar 201045478.394.39$1,992
Feb 201038273.585.44$2,079
Jan 201050074.365.96$2,982
Dec 200923071.445.48$1,261
Nov 20095774.593.75$214
Oct 200916172.544.11$662
Sep 200931865.543.06$975
Aug 200932067.423.22$1,030
Jul 200933861.133.46$1,171
Jun 200936566.163.90$1,422
May 200943054.743.93$1,688
Apr 200951746.773.59$1,855
Mar 200956642.144.06$2,297
Feb 200947032.814.63$2,178
Jan 200963735.865.37$3,421
Dec 200862037.105.98$3,706
Nov 200884555.496.86$5,797
Oct 20081,04475.246.92$7,227
Sep 2008775101.767.88$6,105
Aug 20081,322114.228.48$11,215
Jul 20081,510131.0811.39$17,198
Jun 20081,195131.3313.03$15,574
May 20081,293123.1711.57$14,966
Apr 20081,680110.3110.45$17,564
Mar 20083,938101.909.66$38,057
Feb 20083,19592.538.77$28,022
Jan 20084,25090.388.21$34,874

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.

Mar 2012 — as filed, then multipliedworked
Gas                  106 Mcf  × $  2.22 =       $236

────────────────────────────────────────────────────
Month total                                     $236

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/237153 is the state's own key, not one this site invented.