GLASSCOCK 'V' FEE

Name: GLASSCOCK 'V' FEE lease production and value, Jun 1995 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 CONGER (PENN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 155073District 08Field 200977002 tax incentive programmesCondensateGasSave Export

Value, all time

$400 k

Jun 1995 – Jun 2013

Value, last 12 filed months

at the published price for each month

Months reported

217

no gaps in the span

Streams

condensate, gas

The CONGER (PENN) 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 1,011 leases and 1,988 wells, and the rule below applies to all of them.

Discovered

1978-01-01

as the register files it

Field class

Oil and gas

the register's own label

Between wells

933 ft

minimum

From a lease line

660 ft

minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 1985-04-29.

The Commission's schedule remark for this field reads: “OPTIONAL 40ACRE UNIT DIAG. 2100 PER #8-84810”

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
High Cost Gas	1	1	1995-09-15	132371
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	1,808 bbl	$39,532
Gas	Production	120,175 Mcf	$360,663
Total			$400,195

34,725 Mcf of this lease's gas, across 19 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 31.7706, -101.2737. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.77060, -101.27366 · 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

8,500 ft

1 wells filed one

Completion to plug

6.7 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 8,500 ft.

Completions filed

Oct 2006

1 of 1 wells

Plug dates filed

Jun 2013

1 of 1 wells

Last completion to plug: a median of 6.7 years across the 1 well that filed both dates, with the middle half between 6.7 years and 6.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-17332395	11	8,500 ft	Oct 2006	Jun 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 (217)

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

217 months


Jun 2013	0	0	94.40	3.93	$0
May 2013	0	0	94.83	4.15	$0
Apr 2013	0	0	93.96	4.28	$0
Mar 2013	0	0	93.62	3.91	$0
Feb 2013	0	0	91.23	3.42	$0
Jan 2013	0	0	91.60	3.42	$0
Dec 2012	0	0	86.77	3.42	$0
Nov 2012	0	0	86.95	3.62	$0
Oct 2012	0	0	89.38	3.40	$0
Sep 2012	0	0	94.67	2.92	$0
Aug 2012	0	0	92.66	2.91	$0
Jul 2012	0	0	85.13	3.02	$0
Jun 2012	0	0	79.82	2.52	$0
May 2012	0	0	91.61	2.49	$0
Apr 2012	0	0	101.65	2.00	$0
Mar 2012	0	0	105.05	2.22	$0
Feb 2012	0	0	101.10	2.57	$0
Jan 2012	0	0	98.09	2.73	$0
Dec 2011	0	0	96.87	3.24	$0
Nov 2011	0	0	95.72	3.31	$0
Oct 2011	0	0	84.98	3.65	$0
Sep 2011	0	0	83.62	3.99	$0
Aug 2011	0	0	83.40	4.15	$0
Jul 2011	0	0	94.14	4.52	$0
Jun 2011	0	0	92.90	4.64	$0
May 2011	0	0	98.13	4.40	$0
Apr 2011	0	0	105.96	4.33	$0
Mar 2011	0	0	96.36	4.06	$0
Feb 2011	0	0	85.64	4.18	$0
Jan 2011	0	0	86.50	4.59	$0
Dec 2010	0	0	85.73	4.35	$0
Nov 2010	0	0	80.84	3.80	$0
Oct 2010	0	0	78.10	3.51	$0
Sep 2010	0	0	72.63	3.98	$0
Aug 2010	0	0	73.68	4.42	$0
Jul 2010	0	0	72.55	4.74	$0
Jun 2010	0	0	70.36	4.91	$0
May 2010	0	0	71.12	4.24	$0
Apr 2010	0	0	81.69	4.12	$0
Mar 2010	0	0	78.39	4.39	$0
Feb 2010	0	0	73.58	5.44	$0
Jan 2010	0	0	74.36	5.96	$0
Dec 2009	0	0	71.44	5.48	$0
Nov 2009	0	0	74.59	3.75	$0
Oct 2009	0	0	72.54	4.11	$0
Sep 2009	0	0	65.54	3.06	$0
Aug 2009	0	0	67.42	3.22	$0
Jul 2009	0	0	61.13	3.46	$0
Jun 2009	0	0	66.16	3.90	$0
May 2009	0	0	54.74	3.93	$0
Apr 2009	0	0	46.77	3.59	$0
Mar 2009	0	0	42.14	4.06	$0
Feb 2009	0	0	32.81	4.63	$0
Jan 2009	0	0	35.86	5.37	$0
Dec 2008	0	0	37.10	5.98	$0
Nov 2008	0	0	55.49	6.86	$0
Oct 2008	0	0	75.24	6.92	$0
Sep 2008	0	0	101.76	7.88	$0
Aug 2008	0	0	114.22	8.48	$0
Jul 2008	0	0	131.08	11.39	$0
Jun 2008	0	0	131.33	13.03	$0
May 2008	0	0	123.17	11.57	$0
Apr 2008	0	0	110.31	10.45	$0
Mar 2008	0	0	101.90	9.66	$0
Feb 2008	0	0	92.53	8.77	$0
Jan 2008	0	0	90.38	8.21	$0
Dec 2007	0	0	88.33	7.30	$0
Nov 2007	0	0	91.67	7.29	$0
Oct 2007	0	0	82.85	6.92	$0
Sep 2007	0	0	75.84	6.24	$0
Aug 2007	0	0	69.06	6.39	$0
Jul 2007	0	0	70.90	6.39	$0
Jun 2007	0	0	62.00	7.55	$0
May 2007	0	0	58.74	7.85	$0
Apr 2007	0	0	59.61	7.81	$0
Mar 2007	0	0	56.92	7.30	$0
Feb 2007	0	0	55.10	8.22	$0
Jan 2007	0	0	50.30	6.73	$0
Dec 2006	0	0	56.65	6.92	$0
Nov 2006	0	0	54.20	7.62	$0
Oct 2006	0	0	54.90	6.01	$0
Sep 2006	0	7	60.08	5.04	$35
Aug 2006	0	465	68.71	7.34	$3,413
Jul 2006	1	459	69.37	6.34	$2,981
Jun 2006	1	489	66.28	6.38	$3,188
May 2006	1	471	66.01	6.42	$3,092
Apr 2006	1	456	64.39	7.36	$3,421
Mar 2006	2	481	56.70	7.08	$3,520
Feb 2006	3	456	57.59	7.75	$3,707
Jan 2006	2	548	60.59	8.93	$5,017
Dec 2005	1	599	54.94	13.42	$8,091
Nov 2005	3	633	54.69	10.59	$6,867
Oct 2005	4	677	58.34	13.80	$9,573
Sep 2005	3	562	61.45	12.08	$6,973
Aug 2005	6	571	61.51	9.80	$5,963
Jul 2005	4	549	55.69	7.84	$4,529
Jun 2005	4	514	52.33	7.38	$4,003
May 2005	6	551	45.22	6.65	$3,936
Apr 2005	6	515	49.20	7.36	$4,086
Mar 2005	5	557	50.37	7.15	$4,237
Feb 2005	3	541	45.22	6.31	$3,550
Jan 2005	4	645	43.16	6.32	$4,250
Dec 2004	4	648	39.86	6.75	$4,534
Nov 2004	7	604	45.28	6.33	$4,141
Oct 2004	6	626	49.70	6.52	$4,377
Sep 2004	7	612	43.24	5.28	$3,536
Aug 2004	6	602	42.37	5.55	$3,596
Jul 2004	6	608	38.28	6.08	$3,929
Jun 2004	7	599	36.10	6.43	$4,106
May 2004	10	655	37.48	6.49	$4,629
Apr 2004	8	632	34.47	5.86	$3,978
Mar 2004	8	687	34.36	5.53	$4,074
Feb 2004	8	671	32.45	5.51	$3,957
Jan 2004	7	584	32.03	6.30	$3,903
Dec 2003	9	744	30.26	6.30	$4,961
Nov 2003	8	802	28.80	4.60	$3,916
Oct 2003	7	830	28.17	4.76	$4,148
Sep 2003	7	792	26.31	4.75	$3,946
Aug 2003	5	749	29.76	5.13	$3,991
Jul 2003	4	782	29.41	5.17	$4,161
Jun 2003	5	740	28.56	5.98	$4,570
May 2003	5	819	26.59	5.97	$5,025
Apr 2003	5	815	26.67	5.41	$4,540
Mar 2003	6	889	31.14	6.10	$5,606
Feb 2003	6	776	33.48	7.93	$6,351
Jan 2003	7	785	30.31	5.58	$4,594
Dec 2002	8	843	26.91	4.85	$4,307
Nov 2002	9	845	24.66	4.14	$3,718
Oct 2002	8	713	26.46	4.23	$3,227
Sep 2002	9	708	27.44	3.64	$2,821
Aug 2002	6	737	25.96	3.16	$2,488
Jul 2002	2	820	24.58	3.06	$2,560
Jun 2002	3	770	23.73	3.34	$2,642
May 2002	3	753	24.66	3.58	$2,773
Apr 2002	6	717	23.65	3.51	$2,660
Mar 2002	10	756	22.00	3.10	$2,566
Feb 2002	15	489	18.22	2.38	$1,435
Jan 2002	19	554	17.17	2.38	$1,642
Dec 2001	14	505	16.93	2.36	$1,431
Nov 2001	5	596	18.07	2.41	$1,524
Oct 2001	6	708	19.78	2.53	$1,909
Sep 2001	7	679	24.26	2.25	$1,698
Aug 2001	6	673	24.87	3.05	$2,204
Jul 2001	7	644	23.93	3.20	$2,226
Jun 2001	5	591	24.56	3.82	$2,383
May 2001	7	639	25.52	4.31	$2,931
Apr 2001	5	616	24.68	5.34	$3,410
Mar 2001	4	653	24.54	5.38	$3,609
Feb 2001	10	223	27.75	5.77	$1,564
Jan 2001	13	209	27.47	8.40	$2,112
Dec 2000	15	215	26.88	9.12	$2,365
Nov 2000	16	779	32.21	5.66	$4,923
Oct 2000	15	816	31.23	5.15	$4,667
Sep 2000	11	687	31.87	5.19	$3,914
Aug 2000	18	684	29.64	4.54	$3,639
Jul 2000	17	710	28.53	4.09	$3,389
Jun 2000	16	820	29.30	4.40	$4,075
May 2000	26	700	27.26	3.68	$3,285
Apr 2000	30	693	24.51	3.12	$2,895
Mar 2000	26	735	28.42	2.86	$2,841
Feb 2000	19	893	27.62	2.73	$2,960
Jan 2000	15	953	25.27	2.48	$2,743
Dec 1999	15	976	24.28	2.42	$2,730
Nov 1999	20	923	23.19	2.43	$2,710
Oct 1999	22	977	20.98	2.80	$3,201
Sep 1999	28	941	21.75	2.62	$3,073
Aug 1999	14	668	19.26	2.88	$2,191
Jul 1999	21	678	17.89	2.37	$1,984
Jun 1999	21	668	15.94	2.36	$1,913
May 1999	18	560	15.79	2.32	$1,584
Apr 1999	17	547	15.10	2.21	$1,465
Mar 1999	15	540	12.47	1.84	$1,180
Feb 1999	14	873	9.98	1.82	$1,727
Jan 1999	13	943	10.38	1.90	$1,927
Dec 1998	12	939	9.20	1.77	$1,776
Nov 1998	16	946	10.89	2.19	$2,242
Oct 1998	15	991	12.42	1.97	$2,138
Sep 1998	11	954	12.59	2.08	$2,125
Aug 1998	18	1,106	11.30	1.91	$2,313
Jul 1998	11	1,082	11.74	2.24	$2,550
Jun 1998	13	1,042	11.24	2.24	$2,477
May 1998	19	973	12.62	2.21	$2,387
Apr 1998	17	960	13.04	2.51	$2,627
Mar 1998	18	1,018	12.80	2.31	$2,581
Feb 1998	24	823	13.95	2.30	$2,227
Jan 1998	36	845	14.70	2.15	$2,350
Dec 1997	37	798	16.32	2.41	$2,528
Nov 1997	10	940	18.19	3.09	$3,085
Oct 1997	9	1,017	19.25	3.15	$3,377
Sep 1997	8	1,010	17.74	2.95	$3,126
Aug 1997	6	1,120	17.86	2.55	$2,968
Jul 1997	14	1,180	17.58	2.25	$2,898
Jun 1997	12	1,160	17.24	2.26	$2,825
May 1997	21	1,010	18.97	2.31	$2,730
Apr 1997	20	885	17.88	2.08	$2,201
Mar 1997	20	937	18.95	1.94	$2,196
Feb 1997	30	1,175	20.49	2.21	$3,207
Jan 1997	26	1,322	23.48	3.54	$5,290
Dec 1996	23	1,383	23.32	—	$536
Nov 1996	22	1,427	21.97	—	$483
Oct 1996	28	1,376	23.31	—	$653
Sep 1996	22	1,414	22.22	—	$489
Aug 1996	15	1,765	20.26	—	$304
Jul 1996	14	264	19.55	—	$274
Jun 1996	17	1,949	18.73	—	$318
May 1996	25	1,677	19.43	—	$486
Apr 1996	23	1,656	21.51	—	$495
Mar 1996	25	1,875	19.38	—	$485
Feb 1996	32	1,463	16.98	—	$543
Jan 1996	34	1,685	17.07	—	$580
Dec 1995	38	1,712	17.19	—	$653
Nov 1995	28	2,273	16.00	—	$448
Oct 1995	84	2,424	15.43	—	$1,296
Sep 1995	20	2,759	16.18	—	$324
Aug 1995	34	2,770	15.92	—	$541
Jul 1995	33	2,755	15.24	—	$503
Jun 1995	21	2,098	16.41	—	$345

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.

Sep 2006 — as filed, then multipliedworked

Condensate             0 bbl  × $ 60.08 =         $0
Gas                    7 Mcf  × $  5.04 =        $35

────────────────────────────────────────────────────
Month total                                      $35

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. 08/G/155073 is the state's own key, not one this site invented.