DELTA GAS UNIT

Operated by VERADO ENERGY, INC. (P-5 884563) in the OAK HILL (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 85859District 06Field 66461275NGPA filingCondensateGasSaveExport
Value, all time
$3.6 M
Jan 1993 – Jul 2019
Value, last 12 filed months
$22 k
at the published price for each month
Months reported
319
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 2,275 leases and 2,276 wells, and the rule below applies to all of them.

Discovered
1976-11-17
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 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 2018-03-20.

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
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
CondensateDisposition1,509 bbl$48,980
GasProduction1,212,376 Mcf$3,587,580
Total$3,636,561

399,201 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 32.2926, -94.7151. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.29262, -94.71511 · 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
10,600 ft
1 wells filed one
Completion to plug
31.2 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 10,600 ft.

Completions filed
May 1988
1 of 1 wells
Plug dates filed
Jul 2019
1 of 1 wells

Last completion to plug: a median of 31.2 years across the 1 well that filed both dates, with the middle half between 31.2 years and 31.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-40130775210,600 ftMay 1988Jul 2019Yes

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 (319)

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

319 months

Jul 20198056.272.46$450
Jun 2019043152.782.49$1,074
May 2019070358.482.74$1,926
Apr 2019058062.632.75$1,595
Mar 2019561856.803.06$2,176
Feb 2019064950.852.79$1,812
Jan 2019066746.033.23$2,153
Dec 2018065046.594.19$2,721
Nov 2018054452.934.24$2,305
Oct 2018062461.443.40$2,120
Sep 2018054559.543.11$1,694
Aug 2018072559.403.07$2,223
Jul 2018059965.142.93$1,756
Jun 2018052560.183.08$1,615
May 2018062765.382.90$1,819
Apr 2018072063.842.90$2,089
Mar 2018070361.222.79$1,959
Feb 2018051361.782.77$1,419
Jan 2018067362.874.01$2,698
Dec 2017074057.272.92$2,162
Nov 2017069255.423.12$2,158
Oct 2017086849.292.98$2,590
Sep 201701,05947.523.09$3,269
Aug 201701,04245.373.00$3,131
Jul 201701,06143.873.09$3,276
Jun 2017099442.493.09$3,069
May 2017081045.373.26$2,643
Apr 2017082747.933.21$2,656
Mar 2017097046.772.98$2,894
Feb 2017091650.452.95$2,705
Jan 201701,30349.413.42$4,455
Dec 201601,40948.763.72$5,245
Nov 201601,47242.492.64$3,892
Oct 201601,48546.193.09$4,589
Sep 201601,50841.553.10$4,676
Aug 201601,48341.442.92$4,337
Jul 201601,56241.622.92$4,568
Jun 201601,53245.352.69$4,115
May 201601,41242.521.99$2,811
Apr 201601,45136.561.99$2,889
Mar 201601,52333.011.79$2,732
Feb 201601,16626.472.06$2,406
Jan 201601,10827.352.36$2,620
Dec 2015093232.362.00$1,865
Nov 201501,02938.792.17$2,230
Oct 201551,26343.552.43$3,283
Sep 201501,40142.992.76$3,865
Aug 201511,62340.162.87$4,702
Jul 201511,82248.152.95$5,414
Jun 201501,82956.152.88$5,273
May 201501,65955.212.96$4,903
Apr 201511,75249.822.71$4,792
Mar 201501,64242.892.93$4,819
Feb 201511,52344.662.98$4,577
Jan 201501,70743.433.10$5,293
Dec 201481,89254.693.59$7,232
Nov 201411,70370.464.25$7,311
Oct 201401,80878.303.90$7,053
Sep 201411,74386.164.05$7,137
Aug 201411,71189.394.04$6,993
Jul 201401,61296.564.18$6,738
Jun 201401,50398.164.74$7,120
May 201481,69494.734.73$8,765
Apr 201411,71695.944.81$8,348
Mar 201411,64495.895.06$8,409
Feb 201411,48497.406.19$9,286
Jan 201401,30890.404.86$6,358
Dec 201341,21391.824.35$5,649
Nov 201331,09388.853.74$4,352
Oct 201301,16797.423.78$4,411
Sep 201301,440104.113.72$5,354
Aug 201301,444104.253.52$5,087
Jul 201311,565102.523.72$5,921
Jun 201301,47894.403.93$5,814
May 201301,48894.834.15$6,174
Apr 201371,07993.964.28$5,279
Mar 2013010893.623.91$423
Feb 2013072291.233.42$2,469
Jan 201301,20591.603.42$4,121
Dec 201201,63586.773.42$5,592
Nov 2012234086.953.62$1,406
Oct 2012034589.383.40$1,173
Sep 2012049594.672.92$1,445
Aug 201201,37192.662.91$3,987
Jul 201201,29285.133.02$3,903
Jun 201241,14679.822.52$3,206
May 201201,11391.612.49$2,770
Apr 20128951101.652.00$2,712
Mar 20120969105.052.22$2,153
Feb 20120818101.102.57$2,102
Jan 2012092698.092.73$2,532
Dec 2011699596.873.24$3,805
Nov 2011092895.723.31$3,073
Oct 201101,00484.983.65$3,663
Sep 2011090683.623.99$3,611
Aug 201131,03883.404.15$4,557
Jul 201111,06894.144.52$4,919
Jun 201111,02092.904.64$4,826
May 201101,16898.134.40$5,145
Apr 201141,687105.964.33$7,734
Mar 201111,86896.364.06$7,675
Feb 201141,05485.644.18$4,748
Jan 201101,40186.504.59$6,429
Dec 201001,42585.734.35$6,196
Nov 201011,88080.843.80$7,216
Oct 201011,34978.103.51$4,812
Sep 2010374272.633.98$3,171
Aug 201001,02173.684.42$4,512
Jul 2010187372.554.74$4,208
Jun 2010092870.364.91$4,557
May 2010075071.124.24$3,176
Apr 2010177181.694.12$3,260
Mar 2010187378.394.39$3,910
Feb 2010180873.585.44$4,471
Jan 2010145074.365.96$2,758
Dec 20091060071.445.48$4,005
Nov 2009175474.593.75$2,903
Oct 2009198872.544.11$4,133
Sep 200911,39965.543.06$4,353
Aug 200913,07467.423.22$9,961
Jul 200924,87561.133.46$17,012
Jun 200914,53166.163.90$17,714
May 200924,45454.743.93$17,595
Apr 200912,69546.773.59$9,715
Mar 200992,60342.144.06$10,945
Feb 200972,31832.814.63$10,969
Jan 200962,06735.865.37$11,317
Dec 200812,54937.105.98$15,273
Nov 200802,93455.496.86$20,128
Oct 200802,92375.246.92$20,233
Sep 2008103,409101.767.88$27,871
Aug 200813,366114.228.48$28,668
Jul 2008103,349131.0811.39$39,454
Jun 200802,068131.3313.03$26,951
May 200872,603123.1711.57$30,990
Apr 200802,300110.3110.45$24,046
Mar 200801,954101.909.66$18,884
Feb 200851,49892.538.77$13,601
Jan 200802,63090.388.21$21,581
Dec 200713,28488.337.30$24,068
Nov 200762,01791.677.29$15,257
Oct 200711,97482.856.92$13,747
Sep 200702,80275.846.24$17,496
Aug 200742,15169.066.39$14,017
Jul 200703,52370.906.39$22,505
Jun 200763,38562.007.55$25,924
May 200783,65158.747.85$29,117
Apr 200706,00059.617.81$46,831
Mar 2007123,76656.927.30$28,182
Feb 2007302,74955.108.22$24,239
Jan 200702,61250.306.73$17,571
Dec 2006172,23556.656.92$16,426
Nov 20061653254.207.62$4,920
Oct 200601,34054.906.01$8,058
Sep 200641,88160.085.04$9,715
Aug 2006282,11368.717.34$17,433
Jul 200602,12369.376.34$13,466
Jun 200602,35666.286.38$15,040
May 2006152,24666.016.42$15,421
Apr 2006121,45664.397.36$11,490
Mar 200602,15056.707.08$15,228
Feb 2006184,49657.597.75$35,886
Jan 200604,28360.598.93$38,261
Dec 200594,29854.9413.42$58,154
Nov 200504,69454.6910.59$49,702
Oct 200503,99558.3413.80$55,114
Sep 200503,76761.4512.08$45,502
Aug 200563,23261.519.80$32,032
Jul 200552,60555.697.84$20,711
Jun 200542,46452.337.38$18,396
May 200552,50045.226.65$16,854
Apr 200502,71849.207.36$20,006
Mar 200504,02050.377.15$28,763
Feb 200583,19845.226.31$20,547
Jan 200593,71943.166.32$23,901
Dec 200403,52139.866.75$23,771
Nov 200402,91745.286.33$18,466
Oct 200463,24149.706.52$21,414
Sep 200402,96343.245.28$15,656
Aug 200403,11942.375.55$17,313
Jul 200404,69638.286.08$28,571
Jun 200461,51436.106.43$9,956
May 200403,17437.486.49$20,614
Apr 200403,17934.475.86$18,624
Mar 200403,06134.365.53$16,928
Feb 2004202,95732.455.51$16,941
Jan 200403,58932.036.30$22,609
Dec 2003113,67830.266.30$23,510
Nov 200303,57928.804.60$16,446
Oct 200303,97428.174.76$18,915
Sep 200303,94426.314.75$18,731
Aug 2003124,14929.765.13$21,640
Jul 2003134,99529.415.17$26,211
Jun 200304,42128.565.98$26,451
May 2003125,12726.595.97$30,941
Apr 200305,44126.675.41$29,421
Mar 2003125,54831.146.10$34,195
Feb 2003114,61033.487.93$36,907
Jan 200305,74530.315.58$32,069
Dec 200205,82226.914.85$28,259
Nov 2002105,53124.664.14$23,128
Oct 2002115,53926.464.23$23,716
Sep 200204,68427.443.64$17,027
Aug 200295,12025.963.16$16,434
Jul 2002105,75924.583.06$17,878
Jun 200274,91423.733.34$16,570
May 200205,63224.663.58$20,185
Apr 200204,85723.653.51$17,059
Mar 200204,53422.003.10$14,068
Feb 200204,15318.222.38$9,866
Jan 2002164,42817.172.38$10,794
Dec 200155,28616.932.36$12,583
Nov 200104,61018.072.41$11,089
Oct 2001144,44519.782.53$11,518
Sep 200103,91124.262.25$8,805
Aug 2001144,85524.873.05$15,171
Jul 200104,60323.933.20$14,716
Jun 200104,00724.563.82$15,323
May 200194,20125.524.31$18,325
Apr 200105,52624.685.34$29,483
Mar 200195,10924.545.38$27,689
Feb 200104,63627.755.77$26,736
Jan 200105,75527.478.40$48,335
Dec 200005,98126.889.12$54,562
Nov 200005,82232.215.66$32,941
Oct 2000266,38631.235.15$33,671
Sep 200006,09931.875.19$31,632
Aug 200007,35929.644.54$33,415
Jul 200006,84428.534.09$27,990
Jun 2000196,36629.304.40$28,550
May 200006,74927.263.68$24,835
Apr 2000553,97124.513.12$13,722
Mar 2000174,32628.422.86$12,854
Feb 200005,03227.622.73$13,720
Jan 200005,08025.272.48$12,601
Dec 1999185,23724.282.42$13,130
Nov 199906,16723.192.43$15,010
Oct 199905,73720.982.80$16,085
Sep 199906,20921.752.62$16,260
Aug 1999245,80219.262.88$17,146
Jul 199905,69217.892.37$13,504
Jun 1999166,85615.942.36$16,450
May 199903,65715.792.32$8,488
Apr 199982,79515.102.21$6,292
Mar 199903,29812.471.84$6,063
Feb 1999203,4499.981.82$6,469
Jan 199904,66310.381.90$8,859
Dec 199803,4789.201.77$6,168
Nov 199803,19810.892.19$6,990
Oct 199804,10912.421.97$8,091
Sep 199803,62512.592.08$7,550
Aug 199803,09811.301.91$5,909
Jul 199805,72011.742.24$12,797
Jun 1998337,15811.242.24$16,385
May 199807,36012.622.21$16,239
Apr 199807,57213.042.51$18,970
Mar 199805,25612.802.31$12,138
Feb 199807,93313.952.30$18,239
Jan 1998419,06814.702.15$20,142
Dec 199709,23516.322.41$22,267
Nov 199709,60318.193.09$29,657
Oct 199708,29719.253.15$26,134
Sep 199708,69117.742.95$25,681
Aug 199729,47817.862.55$24,250
Jul 199729,26417.582.25$20,851
Jun 1997408,86417.242.26$20,697
May 199707,84018.972.31$18,099
Apr 199709,85117.882.08$20,517
Mar 1997809,33218.951.94$19,612
Feb 199708,36920.492.21$18,461
Jan 199708,96523.483.54$31,733
Dec 199609,03323.32$0
Nov 199609,61821.97$0
Oct 199609,54423.31$0
Sep 199609,57522.22$0
Aug 199609,43620.26$0
Jul 1996011,61619.55$0
Jun 1996010,13718.73$0
May 1996710,93519.43$136
Apr 1996210,15021.51$43
Mar 1996010,42719.38$0
Feb 199609,11316.98$0
Jan 1996010,70017.07$0
Dec 199509,98617.19$0
Nov 199510210,27316.00$1,632
Oct 1995010,09315.43$0
Sep 199509,09816.18$0
Aug 199509,21715.92$0
Jul 199519,34615.24$15
Jun 199528,84316.41$33
May 1995408,46517.56$702
Apr 199508,95917.73$0
Mar 1995010,51816.44$0
Feb 1995749,93316.58$1,227
Jan 19951311,95815.92$207
Dec 1994012,85715.03$0
Nov 1994114,14115.90$16
Oct 19945118,59315.58$795
Sep 1994384,26015.29$581
Aug 199403,65816.13$0
Jul 199403,26917.56$0
Jun 199405,27917.09$0
May 199404,93415.88$0
Apr 199404,29114.14$0
Mar 199405,86412.46$0
Feb 1994534,90712.50$663
Jan 1994315,07312.66$392
Dec 199303,99012.33$0
Nov 199304,68014.49$0
Oct 199305,18515.85$0
Sep 199305,95415.03$0
Aug 199306,67715.66$0
Jul 199308,11715.46$0
Jun 19937010,33316.79$1,175
May 1993013,31717.68$0
Apr 199334,03218.05$54
Mar 199304,31518.14$0
Feb 199303,64717.90$0
Jan 199304,85516.93$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.

Jul 2019 — as filed, then multipliedworked
Condensate             8 bbl  × $ 56.27 =       $450
Gas                    0 Mcf  × $  2.46 =         $0

────────────────────────────────────────────────────
Month total                                     $450

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/85859 is the state's own key, not one this site invented.