TRAYNHAM

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

Gas lease lease 251590District 06Field 643002872 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.8 M
Aug 2009 – Aug 2018
Value, last 12 filed months
$7 k
at the published price for each month
Months reported
109
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 373 leases and 373 wells, and the rule below applies to all of them.

Discovered
2005-09-27
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 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 2005-09-27.

The Commission's schedule remark for this field reads: BY HEARING.

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 Gas112010-01-27196716
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
CondensateDisposition4,303 bbl$339,581
GasProduction390,385 Mcf$1,501,926
Total$1,841,507

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 31.6948, -94.5850. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.69476, -94.58504 · 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
11,182 ft
1 wells filed one
Completion to plug
7 months
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 11,182 ft.

Completions filed
Mar 2017
1 of 1 wells
Plug dates filed
Oct 2017
1 of 1 wells

Last completion to plug: a median of 7 months across the 1 well that filed both dates, with the middle half between 7 months and 7 months. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-34733037111,182 ftMar 2017Oct 2017Yes

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 (109)

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

109 months

Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 2017127057.272.92$7,273
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 2017338146.772.98$1,277
Feb 201741,33650.452.95$4,146
Jan 201701,02249.413.42$3,494
Dec 201601,39248.763.72$5,182
Nov 201601,36142.492.64$3,599
Oct 201601,40546.193.09$4,342
Sep 201601,41841.553.10$4,397
Aug 20161471,49541.442.92$10,464
Jul 201601,55541.622.92$4,547
Jun 201601,54045.352.69$4,136
May 201611,64442.521.99$3,316
Apr 201611,43336.561.99$2,890
Mar 201601,60333.011.79$2,876
Feb 201621,61326.472.06$3,382
Jan 201611,64727.352.36$3,921
Dec 201501,44932.362.00$2,900
Nov 201501,14738.792.17$2,486
Oct 2015481,23443.552.43$5,085
Sep 201501,16442.992.76$3,211
Aug 201521,28740.162.87$3,777
Jul 201501,53948.152.95$4,532
Jun 201501,22856.152.88$3,540
May 201521,39655.212.96$4,236
Apr 201501,13549.822.71$3,072
Mar 201511,18242.892.93$3,512
Feb 20152698444.662.98$4,090
Jan 201511,03043.433.10$3,237
Dec 201401,21954.693.59$4,378
Nov 201401,20470.464.25$5,119
Oct 201411,27878.303.90$5,064
Sep 201411,31086.164.05$5,386
Aug 201411,28489.394.04$5,270
Jul 201411,33396.564.18$5,668
Jun 2014871,20998.164.74$14,267
May 201401,28294.734.73$6,059
Apr 201401,29295.944.81$6,213
Mar 20141201,38895.895.06$18,526
Feb 201401,33897.406.19$8,285
Jan 201401,51890.404.86$7,379
Dec 201302,00591.824.35$8,731
Nov 201301,87488.853.74$7,006
Oct 20131751,97697.423.78$24,517
Sep 201301,991104.113.72$7,402
Aug 201302,218104.253.52$7,813
Jul 201302,354102.523.72$8,752
Jun 20131742,58694.403.93$26,597
May 201302,54594.834.15$10,559
Apr 201301,76893.964.28$7,572
Mar 201301,85693.623.91$7,262
Feb 201301,91591.233.42$6,549
Jan 20131451,97891.603.42$20,047
Dec 201202,12186.773.42$7,254
Nov 201202,19686.953.62$7,960
Oct 201202,34889.383.40$7,982
Sep 20121272,13494.672.92$18,251
Aug 201202,58092.662.91$7,503
Jul 201202,62685.133.02$7,933
Jun 201202,42379.822.52$6,104
May 201202,62191.612.49$6,522
Apr 201202,532101.652.00$5,056
Mar 2012912,563105.052.22$15,255
Feb 201202,509101.102.57$6,449
Jan 201203,05198.092.73$8,342
Dec 201102,63396.873.24$8,530
Nov 201102,51395.723.31$8,321
Oct 2011793,11784.983.65$18,086
Sep 201103,28983.623.99$13,109
Aug 201103,40383.404.15$14,120
Jul 201103,68794.144.52$16,655
Jun 20111273,45192.904.64$27,811
May 201103,46898.134.40$15,276
Apr 201103,407105.964.33$14,763
Mar 20111943,58996.364.06$33,256
Feb 201103,45385.644.18$14,433
Jan 20111924,27886.504.59$36,239
Dec 201004,57985.734.35$19,908
Nov 20101934,51080.843.80$32,719
Oct 201004,98778.103.51$17,499
Sep 201005,37172.633.98$21,374
Aug 201005,92173.684.42$26,167
Jul 20101956,21972.554.74$43,603
Jun 201006,33970.364.91$31,127
May 20101956,96871.124.24$43,379
Apr 20101967,63581.694.12$47,488
Mar 20101948,72978.394.39$53,516
Feb 201038018,22973.585.44$127,169
Jan 201040113,34474.365.96$109,403
Dec 2009014,51471.445.48$79,591
Nov 200935819,06774.593.75$98,233
Oct 2009027,30672.544.11$112,234
Sep 200931035,85665.543.06$130,207
Aug 2009054,47867.423.22$175,337

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.

Dec 2017 — as filed, then multipliedworked
Condensate           127 bbl  × $ 57.27 =     $7,273
Gas                    0 Mcf  × $  2.92 =         $0

────────────────────────────────────────────────────
Month total                                   $7,273

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/251590 is the state's own key, not one this site invented.