KIDD, J

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

Gas lease lease 256428District 06Field 160323002 tax incentive programmesCondensateGasSaveExport
Value, all time
$40 k
Apr 2010 – Oct 2015
Value, last 12 filed months
$6 k
at the published price for each month
Months reported
67
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 2,565 leases and 2,565 wells, and the rule below applies to all of them.

Discovered
2009-12-15
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 2013-01-29.

The Commission's schedule remark for this field reads: DESIGNATED AS UFT FIELD PER DOCKET 01-0299858

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 Gas112011-01-27201221
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 bbl$280
GasProduction10,292 Mcf$39,529
Total$39,808

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 31.8331, -94.2693. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.83306, -94.26930 · 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
11,700 ft
1 wells filed one
Completion to plug
5.5 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 11,700 ft.

Completions filed
Apr 2010
1 of 1 wells
Plug dates filed
Oct 2015
1 of 1 wells

Last completion to plug: a median of 5.5 years across the 1 well that filed both dates, with the middle half between 5.5 years and 5.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-41931473111,700 ftApr 2010Oct 2015Yes

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 (67)

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

67 months

Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 2015031156.152.88$897
May 2015043455.212.96$1,283
Apr 2015042849.822.71$1,158
Mar 2015017342.892.93$508
Feb 2015018644.662.98$554
Jan 2015016643.433.10$515
Dec 2014017054.693.59$611
Nov 201408270.464.25$349
Oct 201404578.303.90$176
Sep 201406986.164.05$279
Aug 201408689.394.04$347
Jul 201408196.564.18$339
Jun 201408098.164.74$379
May 201407494.734.73$350
Apr 201404795.944.81$226
Mar 201406495.895.06$324
Feb 201406197.406.19$378
Jan 2014016390.404.86$792
Dec 2013093591.824.35$4,071
Nov 2013060488.853.74$2,258
Oct 2013032997.423.78$1,243
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 201305793.964.28$244
Mar 201305293.623.91$203
Feb 201302091.233.42$68
Jan 2013010391.603.42$352
Dec 201204286.773.42$144
Nov 201206586.953.62$236
Oct 201204289.383.40$143
Sep 201207294.672.92$210
Aug 2012011592.662.91$334
Jul 201202485.133.02$73
Jun 2012012479.822.52$312
May 2012211291.612.49$462
Apr 20120151101.652.00$302
Mar 2012094105.052.22$209
Feb 201201101.102.57$3
Jan 2012015298.092.73$416
Dec 201106396.873.24$204
Nov 2011012695.723.31$417
Oct 2011019584.983.65$711
Sep 201106083.623.99$239
Aug 201104683.404.15$191
Jul 201104594.144.52$203
Jun 201108692.904.64$399
May 201108098.134.40$352
Apr 20110123105.964.33$533
Mar 2011116896.364.06$778
Feb 201109485.644.18$393
Jan 2011019686.504.59$899
Dec 2010025585.734.35$1,109
Nov 201005180.843.80$194
Oct 201003978.103.51$137
Sep 201006272.633.98$247
Aug 2010019973.684.42$879
Jul 2010018972.554.74$895
Jun 2010033770.364.91$1,655
May 201001,05371.124.24$4,460
Apr 201001,01181.694.12$4,168

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.

Jun 2015 — as filed, then multipliedworked
Condensate             0 bbl  × $ 56.15 =         $0
Gas                  311 Mcf  × $  2.88 =       $897

────────────────────────────────────────────────────
Month total                                     $897

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/256428 is the state's own key, not one this site invented.