GLASSCOCK "V" FEE

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 155146District 08Field 200977002 tax incentive programmesCondensateGasSaveExport
Value, all time
$741 k
Jul 1995 – Jul 2013
Value, last 12 filed months
$0
at the published price for each month
Months reported
217
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 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.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas111995-11-09133364
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
CondensateDisposition2,140 bbl$47,494
GasProduction231,445 Mcf$693,365
Total$740,859

59,332 Mcf of this lease's gas, across 18 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 31.7627, -101.2792. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.76266, -101.27918 · 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
8,500 ft
1 wells filed one
Completion to plug
11.1 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
Jun 2002
1 of 1 wells
Plug dates filed
Jul 2013
1 of 1 wells

Last completion to plug: a median of 11.1 years across the 1 well that filed both dates, with the middle half between 11.1 years and 11.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-17332394178,500 ftJun 2002Jul 2013Yes

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

Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 2006127166.286.38$1,796
May 200631,32066.016.42$8,679
Apr 200621,34364.397.36$10,014
Mar 200631,40556.707.08$10,122
Feb 200641,09657.597.75$8,726
Jan 200641,23760.598.93$11,293
Dec 200511,10854.9413.42$14,919
Nov 200551,00854.6910.59$10,947
Oct 200581,10158.3413.80$15,656
Sep 2005693361.4512.08$11,638
Aug 200591,07761.519.80$11,105
Jul 200561,07055.697.84$8,727
Jun 200561,03852.337.38$7,976
May 200591,09145.226.65$7,663
Apr 200591,03149.207.36$8,031
Mar 200581,12350.377.15$8,438
Feb 200561,03945.226.31$6,829
Jan 200571,15643.166.32$7,611
Dec 200481,12539.866.75$7,914
Nov 20041092845.286.33$6,327
Oct 2004995349.706.52$6,656
Sep 20041094143.245.28$5,405
Aug 2004899542.375.55$5,862
Jul 2004101,00438.286.08$6,491
Jun 20041099236.106.43$6,743
May 2004111,05237.486.49$7,245
Apr 2004898634.475.86$6,052
Mar 200481,04334.365.53$6,043
Feb 2004888732.455.51$5,147
Jan 2004777132.036.30$5,081
Dec 200381,02230.266.30$6,682
Nov 200381,07028.804.60$5,147
Oct 200371,10628.174.76$5,461
Sep 200371,07526.314.75$5,290
Aug 200351,10629.765.13$5,822
Jul 200341,11729.415.17$5,893
Jun 200361,05528.565.98$6,483
May 200381,08526.595.97$6,693
Apr 200361,20026.675.41$6,649
Mar 200361,25031.146.10$7,807
Feb 200361,09133.487.93$8,848
Jan 200351,13230.315.58$6,470
Dec 200271,12126.914.85$5,629
Nov 200271,19024.664.14$5,096
Oct 200291,20826.464.23$5,347
Sep 2002141,21527.443.64$4,801
Aug 20021790825.963.16$3,314
Jul 2002471,25524.583.06$4,998
Jun 2002496923.733.34$3,330
May 200231,39324.663.58$5,066
Apr 200261,32923.653.51$4,810
Mar 200271,35622.003.10$4,361
Feb 200251,26218.222.38$3,089
Jan 200261,42817.172.38$3,495
Dec 200161,34516.932.36$3,282
Nov 200151,53118.072.41$3,773
Oct 200161,75419.782.53$4,554
Sep 200171,74224.262.25$4,092
Aug 200161,84624.873.05$5,785
Jul 200131,42323.933.20$4,621
Jun 200131,39824.563.82$5,420
May 200161,51425.524.31$6,674
Apr 2001141,45524.685.34$8,108
Mar 2001121,57924.545.38$8,784
Feb 2001131,48427.755.77$8,919
Jan 2001171,43827.478.40$12,544
Dec 2000181,43226.889.12$13,547
Nov 2000101,37632.215.66$8,108
Oct 200091,43931.235.15$7,685
Sep 200061,21231.875.19$6,477
Aug 2000111,20629.644.54$5,802
Jul 2000101,25228.534.09$5,406
Jun 200091,44629.304.40$6,622
May 2000131,73627.263.68$6,742
Apr 2000151,72024.513.12$5,727
Mar 2000131,82428.422.86$5,586
Feb 2000141,95827.622.73$5,725
Jan 2000122,09025.272.48$5,487
Dec 1999132,14424.282.42$5,512
Nov 1999332,28123.192.43$6,317
Oct 1999372,41620.982.80$7,550
Sep 1999472,32121.752.62$7,101
Aug 1999311,58019.262.88$5,141
Jul 1999371,60217.892.37$4,462
Jun 1999361,58015.942.36$4,306
May 1999361,93315.792.32$5,055
Apr 1999331,88615.102.21$4,663
Mar 1999221,86312.471.84$3,699
Feb 1999141,7469.981.82$3,314
Jan 1999131,88610.381.90$3,718
Dec 1998121,8789.201.77$3,441
Nov 1998161,89110.892.19$4,307
Oct 1998151,98112.421.97$4,087
Sep 1998111,90712.592.08$4,110
Aug 1998141,96311.301.91$3,902
Jul 199881,92111.742.24$4,392
Jun 1998101,84911.242.24$4,249
May 1998191,84512.622.21$4,310
Apr 1998161,81913.042.51$4,766
Mar 1998171,93012.802.31$4,675
Feb 1998192,05913.952.30$4,999
Jan 1998292,11214.702.15$4,977
Dec 1997321,99716.322.41$5,337
Nov 1997302,23218.193.09$7,439
Oct 1997282,41519.253.15$8,146
Sep 1997232,40017.742.95$7,500
Aug 1997112,72417.862.55$7,156
Jul 1997282,87117.582.25$6,943
Jun 1997232,82017.242.26$6,762
May 1997352,75518.972.31$7,024
Apr 1997372,41217.882.08$5,685
Mar 1997332,55418.951.94$5,578
Feb 1997302,01120.492.21$5,051
Jan 1997262,26223.483.54$8,617
Dec 1996232,36723.32$536
Nov 1996222,50421.97$483
Oct 1996282,41423.31$653
Sep 1996222,48022.22$489
Aug 1996152,98620.26$304
Jul 19961444619.55$274
Jun 1996183,29718.73$337
May 1996372,82019.43$719
Apr 1996353,05621.51$753
Mar 1996413,46119.38$795
Feb 1996844,36216.98$1,426
Jan 1996915,05117.07$1,553
Dec 1995934,97317.19$1,599
Nov 1995263,10916.00$416
Oct 1995523,56915.43$802
Sep 199563,37816.18$97
Aug 199566,27615.92$96
Jul 199532,78315.24$46

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 2006 — as filed, then multipliedworked
Condensate             1 bbl  × $ 66.28 =        $66
Gas                  271 Mcf  × $  6.38 =     $1,730

────────────────────────────────────────────────────
Month total                                   $1,796

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/155146 is the state's own key, not one this site invented.