ADAMS, T. C., NCT-1

Name: ADAMS, T. C., NCT-1 lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

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

Gas lease lease 72769District 06Field 07528500NGPA filingCondensateGasSave Export

Value, all time

$573 k

Jan 1993 – Aug 2006

Value, last 12 filed months

$963

at the published price for each month

Months reported

164

no gaps in the span

Streams

condensate, gas

The BETHANY, EAST (COTTON VALLEY) field

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 264 leases and 264 wells, and the rule below applies to all of them.

Discovered

1973-06-01

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 2010-12-14.

The Commission's schedule remark for this field reads: “DENSITY HAVE BEEN ASSIGNED, CORRELATIVE INTERVAL 8112-9435 FT.”

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.

Programme	Filings	With an approval date	Dated	Docket
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	5,929 bbl	$113,546
Gas	Production	228,697 Mcf	$459,913
Total			$573,459

98,581 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 32.2965, -94.0818. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.29649, -94.08181 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

9,020 ft

1 wells filed one

Completion to plug

4.8 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 9,020 ft.

Completions filed

May 2008

1 of 1 wells

Plug dates filed

Mar 2013

1 of 1 wells

Last completion to plug: a median of 4.8 years across the 1 well that filed both dates, with the middle half between 4.8 years and 4.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-36530297	41	9,020 ft	May 2008	Mar 2013	Yes

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 (164)

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

164 months


Aug 2006	0	42	68.71	7.34	$308
Jul 2006	0	0	69.37	6.34	$0
Jun 2006	0	0	66.28	6.38	$0
May 2006	0	0	66.01	6.42	$0
Apr 2006	0	0	64.39	7.36	$0
Mar 2006	0	0	56.70	7.08	$0
Feb 2006	0	0	57.59	7.75	$0
Jan 2006	0	0	60.59	8.93	$0
Dec 2005	0	18	54.94	13.42	$241
Nov 2005	0	13	54.69	10.59	$138
Oct 2005	0	13	58.34	13.80	$179
Sep 2005	0	8	61.45	12.08	$97
Aug 2005	0	4	61.51	9.80	$39
Jul 2005	0	0	55.69	7.84	$0
Jun 2005	0	317	52.33	7.38	$2,340
May 2005	0	0	45.22	6.65	$0
Apr 2005	0	0	49.20	7.36	$0
Mar 2005	0	0	50.37	7.15	$0
Feb 2005	0	0	45.22	6.31	$0
Jan 2005	0	0	43.16	6.32	$0
Dec 2004	0	0	39.86	6.75	$0
Nov 2004	0	0	45.28	6.33	$0
Oct 2004	0	0	49.70	6.52	$0
Sep 2004	0	0	43.24	5.28	$0
Aug 2004	0	0	42.37	5.55	$0
Jul 2004	0	0	38.28	6.08	$0
Jun 2004	0	0	36.10	6.43	$0
May 2004	0	1	37.48	6.49	$6
Apr 2004	0	3	34.47	5.86	$18
Mar 2004	0	19	34.36	5.53	$105
Feb 2004	0	115	32.45	5.51	$634
Jan 2004	0	0	32.03	6.30	$0
Dec 2003	0	0	30.26	6.30	$0
Nov 2003	0	0	28.80	4.60	$0
Oct 2003	0	2	28.17	4.76	$10
Sep 2003	0	2	26.31	4.75	$10
Aug 2003	0	54	29.76	5.13	$277
Jul 2003	0	32	29.41	5.17	$165
Jun 2003	0	93	28.56	5.98	$556
May 2003	0	393	26.59	5.97	$2,347
Apr 2003	0	450	26.67	5.41	$2,433
Mar 2003	0	453	31.14	6.10	$2,762
Feb 2003	4	596	33.48	7.93	$4,858
Jan 2003	5	720	30.31	5.58	$4,171
Dec 2002	1	843	26.91	4.85	$4,119
Nov 2002	2	1,140	24.66	4.14	$4,765
Oct 2002	0	796	26.46	4.23	$3,366
Sep 2002	0	732	27.44	3.64	$2,661
Aug 2002	10	740	25.96	3.16	$2,601
Jul 2002	28	755	24.58	3.06	$3,000
Jun 2002	22	764	23.73	3.34	$3,072
May 2002	19	1,030	24.66	3.58	$4,160
Apr 2002	34	1,214	23.65	3.51	$5,068
Mar 2002	32	1,372	22.00	3.10	$4,961
Feb 2002	27	1,641	18.22	2.38	$4,390
Jan 2002	39	1,662	17.17	2.38	$4,618
Dec 2001	36	1,417	16.93	2.36	$3,960
Nov 2001	27	1,930	18.07	2.41	$5,131
Oct 2001	39	2,203	19.78	2.53	$6,343
Sep 2001	37	1,732	24.26	2.25	$4,797
Aug 2001	42	2,007	24.87	3.05	$7,172
Jul 2001	44	2,149	23.93	3.20	$7,923
Jun 2001	48	1,869	24.56	3.82	$8,326
May 2001	53	1,736	25.52	4.31	$8,830
Apr 2001	55	2,206	24.68	5.34	$13,127
Mar 2001	64	2,312	24.54	5.38	$14,001
Feb 2001	56	1,876	27.75	5.77	$12,373
Jan 2001	57	2,479	27.47	8.40	$22,386
Dec 2000	53	2,549	26.88	9.12	$24,678
Nov 2000	52	3,198	32.21	5.66	$19,769
Oct 2000	53	3,057	31.23	5.15	$17,385
Sep 2000	42	3,314	31.87	5.19	$18,527
Aug 2000	35	3,935	29.64	4.54	$18,905
Jul 2000	13	2,036	28.53	4.09	$8,698
Jun 2000	13	2,734	29.30	4.40	$12,403
May 2000	15	3,806	27.26	3.68	$14,414
Apr 2000	13	3,716	24.51	3.12	$11,898
Mar 2000	47	4,688	28.42	2.86	$14,742
Feb 2000	69	5,683	27.62	2.73	$17,400
Jan 2000	53	9,105	25.27	2.48	$23,924
Dec 1999	56	10,815	24.28	2.42	$27,572
Nov 1999	49	1,366	23.19	2.43	$4,461
Oct 1999	77	1,848	20.98	2.80	$6,797
Sep 1999	61	2,161	21.75	2.62	$6,986
Aug 1999	38	2,288	19.26	2.88	$7,311
Jul 1999	41	1,417	17.89	2.37	$4,095
Jun 1999	3	3,031	15.94	2.36	$7,207
May 1999	3	1,344	15.79	2.32	$3,167
Apr 1999	0	0	15.10	2.21	$0
Mar 1999	0	0	12.47	1.84	$0
Feb 1999	0	0	9.98	1.82	$0
Jan 1999	0	0	10.38	1.90	$0
Dec 1998	0	0	9.20	1.77	$0
Nov 1998	0	0	10.89	2.19	$0
Oct 1998	0	0	12.42	1.97	$0
Sep 1998	0	0	12.59	2.08	$0
Aug 1998	0	0	11.30	1.91	$0
Jul 1998	0	0	11.74	2.24	$0
Jun 1998	0	0	11.24	2.24	$0
May 1998	0	162	12.62	2.21	$357
Apr 1998	15	15	13.04	2.51	$233
Mar 1998	58	1,181	12.80	2.31	$3,470
Feb 1998	33	1,194	13.95	2.30	$3,206
Jan 1998	33	1,127	14.70	2.15	$2,914
Dec 1997	44	1,246	16.32	2.41	$3,722
Nov 1997	54	1,105	18.19	3.09	$4,395
Oct 1997	56	1,165	19.25	3.15	$4,748
Sep 1997	63	1,238	17.74	2.95	$4,776
Aug 1997	46	1,117	17.86	2.55	$3,675
Jul 1997	72	1,139	17.58	2.25	$3,825
Jun 1997	57	1,185	17.24	2.26	$3,657
May 1997	51	921	18.97	2.31	$3,094
Apr 1997	69	1,219	17.88	2.08	$3,773
Mar 1997	60	1,295	18.95	1.94	$3,648
Feb 1997	57	1,315	20.49	2.21	$4,069
Jan 1997	77	1,448	23.48	3.54	$6,933
Dec 1996	76	1,496	23.32	—	$1,772
Nov 1996	82	1,286	21.97	—	$1,802
Oct 1996	79	1,347	23.31	—	$1,841
Sep 1996	64	1,330	22.22	—	$1,422
Aug 1996	76	1,403	20.26	—	$1,540
Jul 1996	70	1,412	19.55	—	$1,369
Jun 1996	44	1,360	18.73	—	$824
May 1996	31	1,251	19.43	—	$602
Apr 1996	58	1,371	21.51	—	$1,248
Mar 1996	73	1,563	19.38	—	$1,415
Feb 1996	42	1,261	16.98	—	$713
Jan 1996	122	1,373	17.07	—	$2,083
Dec 1995	68	1,523	17.19	—	$1,169
Nov 1995	45	1,522	16.00	—	$720
Oct 1995	39	1,534	15.43	—	$602
Sep 1995	58	1,503	16.18	—	$938
Aug 1995	50	1,644	15.92	—	$796
Jul 1995	62	1,637	15.24	—	$945
Jun 1995	108	1,634	16.41	—	$1,772
May 1995	51	1,661	17.56	—	$896
Apr 1995	42	1,780	17.73	—	$745
Mar 1995	80	1,830	16.44	—	$1,315
Feb 1995	83	1,447	16.58	—	$1,376
Jan 1995	58	1,714	15.92	—	$923
Dec 1994	68	1,892	15.03	—	$1,022
Nov 1994	50	1,788	15.90	—	$795
Oct 1994	61	1,827	15.58	—	$950
Sep 1994	204	1,908	15.29	—	$3,119
Aug 1994	150	2,277	16.13	—	$2,420
Jul 1994	20	1,882	17.56	—	$351
Jun 1994	44	1,875	17.09	—	$752
May 1994	82	1,957	15.88	—	$1,302
Apr 1994	26	1,907	14.14	—	$368
Mar 1994	54	2,002	12.46	—	$673
Feb 1994	69	1,755	12.50	—	$863
Jan 1994	63	2,027	12.66	—	$798
Dec 1993	58	1,803	12.33	—	$715
Nov 1993	78	2,035	14.49	—	$1,130
Oct 1993	95	2,122	15.85	—	$1,506
Sep 1993	74	1,834	15.03	—	$1,112
Aug 1993	23	2,288	15.66	—	$360
Jul 1993	84	6,177	15.46	—	$1,299
Jun 1993	97	5,267	16.79	—	$1,629
May 1993	178	3,838	17.68	—	$3,147
Apr 1993	33	2,090	18.05	—	$596
Mar 1993	72	3,299	18.14	—	$1,306
Feb 1993	123	4,603	17.90	—	$2,202
Jan 1993	150	4,246	16.93	—	$2,540

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.

Aug 2006 — as filed, then multipliedworked

Condensate             0 bbl  × $ 68.71 =         $0
Gas                   42 Mcf  × $  7.34 =       $308

────────────────────────────────────────────────────
Month total                                     $308

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/72769 is the state's own key, not one this site invented.