BRADY

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

Gas lease lease 257573District 06Field 617921202 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.4 M
Apr 2010 – Jul 2021
Value, last 12 filed months
$29 k
at the published price for each month
Months reported
136
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 12 leases and 12 wells, and the rule below applies to all of them.

Discovered
2005-12-02
as the register files it
Field class
Gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 07/01/2010.

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 Gas112010-10-27200222
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
CondensateDisposition208 bbl$12,563
GasProduction1,559,708 Mcf$5,400,290
Total$5,412,853

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 32.0553, -94.6664. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.05534, -94.66637 · 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
11,775 ft
1 wells filed one
Completion to plug
11.0 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 11,775 ft.

Completions filed
Apr 2010
1 of 1 wells
Plug dates filed
Apr 2021
1 of 1 wells

Last completion to plug: a median of 11.0 years across the 1 well that filed both dates, with the middle half between 11.0 years and 11.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-40135102611,775 ftApr 2010Apr 2021Yes

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 (136)

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

136 months

Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 2021014460.362.76$397
Mar 20210061.302.72$0
Feb 202105,22157.805.55$28,966
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 202004,42134.901.69$7,473
May 202004,61416.921.81$8,373
Apr 202005,00114.751.80$9,024
Mar 202005,53230.341.86$10,269
Feb 202004,75949.881.98$9,426
Jan 202004,93757.252.09$10,342
Dec 201904,99859.012.30$11,517
Nov 201915,80155.302.75$16,012
Oct 201904,83453.472.42$11,691
Sep 201905,59755.052.66$14,873
Aug 201905,92153.112.30$13,644
Jul 201906,38256.272.46$15,700
Jun 2019226,22752.782.49$16,674
May 201906,04458.482.74$16,562
Apr 201905,84762.632.75$16,083
Mar 201905,86856.803.06$17,968
Feb 201907,64250.852.79$21,338
Jan 2019013,92846.033.23$44,962
Dec 2018015,07346.594.19$63,087
Nov 2018014,50352.934.24$61,453
Oct 2018015,18161.443.40$51,586
Sep 2018013,05259.543.11$40,566
Aug 2018015,42159.403.07$47,289
Jul 2018016,94965.142.93$49,692
Jun 201808,67660.183.08$26,695
May 201808,58965.382.90$24,915
Apr 201808,64063.842.90$25,063
Mar 201818411,14761.222.79$42,329
Feb 2018011,14061.782.77$30,815
Jan 2018013,24562.874.01$53,103
Dec 2017014,37157.272.92$41,985
Nov 2017014,49755.423.12$45,207
Oct 2017012,63849.292.98$37,708
Sep 2017011,08947.523.09$34,235
Aug 2017013,37245.373.00$40,175
Jul 2017013,42943.873.09$41,459
Jun 2017014,50042.493.09$44,766
May 2017017,96145.373.26$58,614
Apr 2017020,40847.933.21$65,542
Mar 20170046.772.98$0
Feb 201708550.452.95$251
Jan 201705,26849.413.42$18,010
Dec 201605,83048.763.72$21,704
Nov 201606,62042.492.64$17,506
Oct 2016010,09746.193.09$31,202
Sep 20160041.553.10$0
Aug 201606,20841.442.92$18,154
Jul 201606,23741.622.92$18,239
Jun 201606,23745.352.69$16,752
May 201606,85542.521.99$13,649
Apr 201607,24836.561.99$14,431
Mar 201607,24833.011.79$13,003
Feb 201607,53026.472.06$15,539
Jan 201609,56427.352.36$22,613
Dec 201509,05132.362.00$18,115
Nov 201509,05138.792.17$19,617
Oct 201509,30943.552.43$22,589
Sep 201509,02942.992.76$24,906
Aug 201509,44640.162.87$27,134
Jul 201509,26748.152.95$27,292
Jun 201509,44056.152.88$27,214
May 201509,82455.212.96$29,034
Apr 2015010,29349.822.71$27,859
Mar 2015012,43942.892.93$36,505
Feb 201509,16144.662.98$27,265
Jan 2015012,23643.433.10$37,939
Dec 2014010,79554.693.59$38,769
Nov 201409,37870.464.25$39,874
Oct 2014010,33378.303.90$40,309
Sep 201409,48486.164.05$38,367
Aug 201409,63889.394.04$38,890
Jul 201409,82996.564.18$41,081
Jun 2014010,00098.164.74$47,369
May 2014010,28794.734.73$48,622
Apr 2014010,49495.944.81$50,467
Mar 2014012,08895.895.06$61,127
Feb 2014011,52797.406.19$71,375
Jan 2014010,75790.404.86$52,287
Dec 2013011,20491.824.35$48,788
Nov 2013010,91688.853.74$40,807
Oct 2013012,05397.423.78$45,553
Sep 2013012,320104.113.72$45,803
Aug 2013013,539104.253.52$47,693
Jul 2013014,276102.523.72$53,074
Jun 2013011,97294.403.93$47,091
May 2013014,36294.834.15$59,589
Apr 2013014,21293.964.28$60,864
Mar 2013015,37793.623.91$60,168
Feb 2013014,49291.233.42$49,561
Jan 2013013,64491.603.42$46,661
Dec 2012011,25386.773.42$38,487
Nov 2012012,71186.953.62$46,077
Oct 2012014,53489.383.40$49,411
Sep 2012013,36594.672.92$39,004
Aug 2012021,55292.662.91$62,677
Jul 2012023,53185.133.02$71,082
Jun 2012022,72179.822.52$57,235
May 2012020,75191.612.49$51,635
Apr 2012025,074101.652.00$50,068
Mar 2012018,754105.052.22$41,673
Feb 2012025,696101.102.57$66,045
Jan 2012029,33398.092.73$80,199
Dec 2011026,19096.873.24$84,849
Nov 2011017,98595.723.31$59,553
Oct 2011024,24984.983.65$88,473
Sep 2011012,04483.623.99$48,005
Aug 2011010,63183.404.15$44,111
Jul 201109,41294.144.52$42,516
Jun 201109,42392.904.64$43,722
May 201109,09098.134.40$40,040
Apr 201108,932105.964.33$38,705
Mar 201106,48296.364.06$26,300
Feb 2011018,56185.644.18$77,585
Jan 2011023,97086.504.59$109,993
Dec 2010018,10285.734.35$78,703
Nov 2010018,46780.843.80$70,088
Oct 2010022,08478.103.51$77,490
Sep 2010025,29572.633.98$100,661
Aug 2010026,45873.684.42$116,927
Jul 2010028,31472.554.74$134,109
Jun 2010033,67870.364.91$165,372
May 2010047,58671.124.24$201,537
Apr 2010139,33181.694.12$162,231

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 2021 — as filed, then multipliedworked
Condensate             0 bbl  × $ 60.36 =         $0
Gas                  144 Mcf  × $  2.76 =       $397

────────────────────────────────────────────────────
Month total                                     $397

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/257573 is the state's own key, not one this site invented.