DAVIS, VERA

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

Gas lease lease 251171District 06Field 160321742 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.1 M
Feb 2009 – Jul 2020
Value, last 12 filed months
$929
at the published price for each month
Months reported
138
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 4,104 leases and 4,104 wells, and the rule below applies to all of them.

Discovered
1968-05-01
as the register files it
Field class
Oil and 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 40 acres. The field rule took effect on 2011-02-08.

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 Gas112010-06-11197930
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
CondensateDisposition3,791 bbl$294,641
GasProduction221,076 Mcf$839,423
Total$1,134,064

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 32.0693, -94.5189. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.06929, -94.51885 · 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
9,930 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 9,930 ft.

Completions filed
Feb 2020
1 of 1 wells

1 well

42-3653683889,930 ftFeb 2020Yes

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 (138)

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

138 months

Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 202063014.751.80$929
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20191609750.852.79$8,407
Jan 2019595646.033.23$3,316
Dec 2018087846.594.19$3,675
Nov 2018092452.934.24$3,915
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 2018075163.842.90$2,179
Mar 20183211,61261.222.79$24,144
Feb 2018019961.782.77$550
Jan 2018040462.874.01$1,620
Dec 201701,16657.272.92$3,406
Nov 20170055.423.12$0
Oct 2017075849.292.98$2,262
Sep 2017038047.523.09$1,173
Aug 2017075845.373.00$2,277
Jul 20170043.873.09$0
Jun 2017017542.493.09$540
May 2017011445.373.26$372
Apr 2017098847.933.21$3,173
Mar 2017098846.772.98$2,948
Feb 2017035850.452.95$1,057
Jan 20170249.413.42$7
Dec 20160248.763.72$7
Nov 20160242.492.64$5
Oct 20160046.193.09$0
Sep 201601,17541.553.10$3,643
Aug 201601,74941.442.92$5,115
Jul 201601,68941.622.92$4,939
Jun 201601,68945.352.69$4,536
May 201601,68942.521.99$3,363
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 2016068926.472.06$1,422
Jan 201601,14227.352.36$2,700
Dec 2015058332.362.00$1,167
Nov 2015058338.792.17$1,264
Oct 20150043.552.43$0
Sep 201501,16242.992.76$3,205
Aug 2015079040.162.87$2,269
Jul 201518059248.152.95$10,410
Jun 201501,85556.152.88$5,348
May 201501,78655.212.96$5,278
Apr 201502,33049.822.71$6,306
Mar 201501,69342.892.93$4,968
Feb 2015090144.662.98$2,682
Jan 201501,37243.433.10$4,254
Dec 201401,72654.693.59$6,199
Nov 201417088070.464.25$15,720
Oct 201401,15778.303.90$4,513
Sep 2014071586.164.05$2,892
Aug 201402,13389.394.04$8,607
Jul 201402,24496.564.18$9,379
Jun 201402,07398.164.74$9,820
May 20141781,44894.734.73$23,706
Apr 201411,79995.944.81$8,748
Mar 201421,51095.895.06$7,828
Feb 201451,20497.406.19$7,942
Jan 201442,16990.404.86$10,905
Dec 201311,86991.824.35$8,230
Nov 20131821,32188.853.74$21,109
Oct 201342,38697.423.78$9,407
Sep 201301,996104.113.72$7,421
Aug 201372,767104.253.52$10,477
Jul 201321,310102.523.72$5,075
Jun 201301,48294.403.93$5,829
May 201351,75294.834.15$7,743
Apr 201301,61993.964.28$6,934
Mar 201371,55393.623.91$6,732
Feb 20131801,25391.233.42$20,707
Jan 201301,74691.603.42$5,971
Dec 201201,65886.773.42$5,671
Nov 201201,42986.953.62$5,180
Oct 201202,36189.383.40$8,027
Sep 20121762,15494.672.92$22,948
Aug 201201,77192.662.91$5,150
Jul 201202,48485.133.02$7,504
Jun 201202,58879.822.52$6,519
May 201202,61091.612.49$6,495
Apr 201203,181101.652.00$6,352
Mar 201203,282105.052.22$7,293
Feb 201202,442101.102.57$6,277
Jan 201253,35798.092.73$9,669
Dec 201103,89496.873.24$12,616
Nov 20111773,75095.723.31$29,360
Oct 20111823,94184.983.65$29,845
Sep 201103,64283.623.99$14,516
Aug 20111753,60883.404.15$29,566
Jul 201104,03594.144.52$18,227
Jun 20113383,99792.904.64$49,946
May 201103,76598.134.40$16,584
Apr 201104,411105.964.33$19,114
Mar 201104,87896.364.06$19,792
Feb 20111803,76085.644.18$31,132
Jan 20111704,77686.504.59$36,621
Dec 201005,24085.734.35$22,782
Nov 201005,89280.843.80$22,362
Oct 20101885,56778.103.51$34,217
Sep 201006,57772.633.98$26,173
Aug 201007,14273.684.42$31,563
Jul 20101887,55972.554.74$49,443
Jun 20101788,36670.364.91$53,604
May 20103578,08271.124.24$59,619
Apr 2010011,87481.694.12$48,953
Mar 2010016678.394.39$729
Feb 201001,74473.585.44$9,491
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0

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.

Apr 2020 — as filed, then multipliedworked
Condensate            63 bbl  × $ 14.75 =       $929
Gas                    0 Mcf  × $  1.80 =         $0

────────────────────────────────────────────────────
Month total                                     $929

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/251171 is the state's own key, not one this site invented.