CASE-RAKOW STATE 68

Name: CASE-RAKOW STATE 68 lease production and value, Feb 1998 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by LATERAL OIL AND GAS, LLC (P-5 487996) in the SIGNAL PEAK (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 169194District 08Field 83518500CondensateGasSave Export

Value, all time

$268 k

Feb 1998 – Oct 2016

Value, last 12 filed months

$3 k

at the published price for each month

Months reported

225

no gaps in the span

Streams

condensate, gas

The SIGNAL PEAK (WOLFCAMP) 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 132 leases and 253 wells, and the rule below applies to all of them.

Discovered

1983-04-23

as the register files it

Field class

Oil and gas

the register's own label

Between wells

933 ft

minimum

From a lease line

467 ft

minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2009-06-18.

The Commission's schedule remark for this field reads: “08-0223268 DATED 6/18/2009”

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	1,324 bbl	$75,786
Gas	Production	41,707 Mcf	$192,636
Total			$268,422

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 32.1684, -101.2637. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.16839, -101.26369 · 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

8,000 ft

1 wells filed one

Completion to plug

18.3 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 8,000 ft.

Completions filed

Mar 1998

1 of 1 wells

Plug dates filed

Jun 2016

1 of 1 wells

Last completion to plug: a median of 18.3 years across the 1 well that filed both dates, with the middle half between 18.3 years and 18.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-22735266	1	8,000 ft	Mar 1998	Jun 2016	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 (225)

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

225 months


Oct 2016	0	0	46.19	3.09	$0
Sep 2016	0	0	41.55	3.10	$0
Aug 2016	0	0	41.44	2.92	$0
Jul 2016	0	0	41.62	2.92	$0
Jun 2016	0	0	45.35	2.69	$0
May 2016	0	0	42.52	1.99	$0
Apr 2016	63	0	36.56	1.99	$2,303
Mar 2016	0	0	33.01	1.79	$0
Feb 2016	0	0	26.47	2.06	$0
Jan 2016	0	0	27.35	2.36	$0
Dec 2015	0	0	32.36	2.00	$0
Nov 2015	1	145	38.79	2.17	$353
Oct 2015	0	61	43.55	2.43	$148
Sep 2015	0	72	42.99	2.76	$199
Aug 2015	0	47	40.16	2.87	$135
Jul 2015	0	116	48.15	2.95	$342
Jun 2015	0	1	56.15	2.88	$3
May 2015	0	151	55.21	2.96	$446
Apr 2015	39	118	49.82	2.71	$2,262
Mar 2015	0	200	42.89	2.93	$587
Feb 2015	0	83	44.66	2.98	$247
Jan 2015	0	176	43.43	3.10	$546
Dec 2014	0	233	54.69	3.59	$837
Nov 2014	0	39	70.46	4.25	$166
Oct 2014	0	194	78.30	3.90	$757
Sep 2014	0	215	86.16	4.05	$870
Aug 2014	164	172	89.39	4.04	$15,354
Jul 2014	0	140	96.56	4.18	$585
Jun 2014	0	170	98.16	4.74	$805
May 2014	0	84	94.73	4.73	$397
Apr 2014	0	103	95.94	4.81	$495
Mar 2014	0	279	95.89	5.06	$1,411
Feb 2014	0	170	97.40	6.19	$1,053
Jan 2014	0	2	90.40	4.86	$10
Dec 2013	0	306	91.82	4.35	$1,332
Nov 2013	0	14	88.85	3.74	$52
Oct 2013	0	194	97.42	3.78	$733
Sep 2013	0	180	104.11	3.72	$669
Aug 2013	0	213	104.25	3.52	$750
Jul 2013	0	102	102.52	3.72	$379
Jun 2013	0	105	94.40	3.93	$413
May 2013	0	172	94.83	4.15	$714
Apr 2013	0	230	93.96	4.28	$985
Mar 2013	0	96	93.62	3.91	$376
Feb 2013	0	64	91.23	3.42	$219
Jan 2013	0	275	91.60	3.42	$940
Dec 2012	0	33	86.77	3.42	$113
Nov 2012	0	154	86.95	3.62	$558
Oct 2012	156	221	89.38	3.40	$14,695
Sep 2012	0	209	94.67	2.92	$610
Aug 2012	0	133	92.66	2.91	$387
Jul 2012	0	115	85.13	3.02	$347
Jun 2012	0	317	79.82	2.52	$799
May 2012	0	0	91.61	2.49	$0
Apr 2012	0	122	101.65	2.00	$244
Mar 2012	0	120	105.05	2.22	$267
Feb 2012	0	175	101.10	2.57	$450
Jan 2012	0	127	98.09	2.73	$347
Dec 2011	0	302	96.87	3.24	$978
Nov 2011	0	109	95.72	3.31	$361
Oct 2011	0	144	84.98	3.65	$525
Sep 2011	0	247	83.62	3.99	$984
Aug 2011	0	157	83.40	4.15	$651
Jul 2011	0	116	94.14	4.52	$524
Jun 2011	0	202	92.90	4.64	$937
May 2011	0	216	98.13	4.40	$951
Apr 2011	0	177	105.96	4.33	$767
Mar 2011	0	171	96.36	4.06	$694
Feb 2011	0	182	85.64	4.18	$761
Jan 2011	0	206	86.50	4.59	$945
Dec 2010	0	221	85.73	4.35	$961
Nov 2010	164	105	80.84	3.80	$13,656
Oct 2010	0	169	78.10	3.51	$593
Sep 2010	0	152	72.63	3.98	$605
Aug 2010	0	206	73.68	4.42	$910
Jul 2010	0	312	72.55	4.74	$1,478
Jun 2010	0	370	70.36	4.91	$1,817
May 2010	0	306	71.12	4.24	$1,296
Apr 2010	0	48	81.69	4.12	$198
Mar 2010	0	143	78.39	4.39	$628
Feb 2010	0	171	73.58	5.44	$931
Jan 2010	0	399	74.36	5.96	$2,380
Dec 2009	0	9	71.44	5.48	$49
Nov 2009	0	8	74.59	3.75	$30
Oct 2009	0	0	72.54	4.11	$0
Sep 2009	0	13	65.54	3.06	$40
Aug 2009	0	69	67.42	3.22	$222
Jul 2009	0	143	61.13	3.46	$495
Jun 2009	0	315	66.16	3.90	$1,227
May 2009	0	125	54.74	3.93	$491
Apr 2009	0	4	46.77	3.59	$14
Mar 2009	0	19	42.14	4.06	$77
Feb 2009	0	64	32.81	4.63	$297
Jan 2009	0	125	35.86	5.37	$671
Dec 2008	0	165	37.10	5.98	$986
Nov 2008	174	289	55.49	6.86	$11,638
Oct 2008	0	465	75.24	6.92	$3,219
Sep 2008	0	171	101.76	7.88	$1,347
Aug 2008	0	255	114.22	8.48	$2,163
Jul 2008	0	59	131.08	11.39	$672
Jun 2008	0	39	131.33	13.03	$508
May 2008	0	14	123.17	11.57	$162
Apr 2008	0	108	110.31	10.45	$1,129
Mar 2008	0	121	101.90	9.66	$1,169
Feb 2008	0	116	92.53	8.77	$1,017
Jan 2008	0	125	90.38	8.21	$1,026
Dec 2007	0	126	88.33	7.30	$920
Nov 2007	0	126	91.67	7.29	$919
Oct 2007	0	132	82.85	6.92	$914
Sep 2007	0	131	75.84	6.24	$818
Aug 2007	0	137	69.06	6.39	$875
Jul 2007	0	141	70.90	6.39	$901
Jun 2007	0	139	62.00	7.55	$1,049
May 2007	0	146	58.74	7.85	$1,146
Apr 2007	0	147	59.61	7.81	$1,147
Mar 2007	0	153	56.92	7.30	$1,117
Feb 2007	0	141	55.10	8.22	$1,158
Jan 2007	0	139	50.30	6.73	$935
Dec 2006	0	162	56.65	6.92	$1,121
Nov 2006	0	161	54.20	7.62	$1,226
Oct 2006	0	169	54.90	6.01	$1,016
Sep 2006	0	169	60.08	5.04	$851
Aug 2006	0	179	68.71	7.34	$1,314
Jul 2006	0	182	69.37	6.34	$1,154
Jun 2006	0	175	66.28	6.38	$1,117
May 2006	0	188	66.01	6.42	$1,208
Apr 2006	0	185	64.39	7.36	$1,362
Mar 2006	0	193	56.70	7.08	$1,367
Feb 2006	0	177	57.59	7.75	$1,372
Jan 2006	0	212	60.59	8.93	$1,894
Dec 2005	0	216	54.94	13.42	$2,898
Nov 2005	0	217	54.69	10.59	$2,298
Oct 2005	0	252	58.34	13.80	$3,477
Sep 2005	0	150	61.45	12.08	$1,812
Aug 2005	0	181	61.51	9.80	$1,773
Jul 2005	0	198	55.69	7.84	$1,553
Jun 2005	156	197	52.33	7.38	$9,618
May 2005	0	208	45.22	6.65	$1,383
Apr 2005	0	190	49.20	7.36	$1,398
Mar 2005	0	192	50.37	7.15	$1,374
Feb 2005	0	137	45.22	6.31	$865
Jan 2005	0	174	43.16	6.32	$1,100
Dec 2004	0	145	39.86	6.75	$979
Nov 2004	0	113	45.28	6.33	$715
Oct 2004	0	178	49.70	6.52	$1,160
Sep 2004	0	195	43.24	5.28	$1,030
Aug 2004	2	164	42.37	5.55	$995
Jul 2004	0	183	38.28	6.08	$1,113
Jun 2004	0	68	36.10	6.43	$437
May 2004	0	128	37.48	6.49	$831
Apr 2004	0	58	34.47	5.86	$340
Mar 2004	0	172	34.36	5.53	$951
Feb 2004	0	197	32.45	5.51	$1,085
Jan 2004	0	266	32.03	6.30	$1,676
Dec 2003	0	298	30.26	6.30	$1,878
Nov 2003	0	325	28.80	4.60	$1,493
Oct 2003	0	120	28.17	4.76	$571
Sep 2003	0	289	26.31	4.75	$1,373
Aug 2003	0	199	29.76	5.13	$1,021
Jul 2003	0	254	29.41	5.17	$1,313
Jun 2003	143	229	28.56	5.98	$5,454
May 2003	0	247	26.59	5.97	$1,475
Apr 2003	0	247	26.67	5.41	$1,336
Mar 2003	0	250	31.14	6.10	$1,524
Feb 2003	0	259	33.48	7.93	$2,053
Jan 2003	0	321	30.31	5.58	$1,792
Dec 2002	0	326	26.91	4.85	$1,582
Nov 2002	0	307	24.66	4.14	$1,270
Oct 2002	0	273	26.46	4.23	$1,155
Sep 2002	0	319	27.44	3.64	$1,160
Aug 2002	0	285	25.96	3.16	$902
Jul 2002	0	293	24.58	3.06	$897
Jun 2002	0	285	23.73	3.34	$951
May 2002	0	309	24.66	3.58	$1,107
Apr 2002	0	276	23.65	3.51	$969
Mar 2002	0	316	22.00	3.10	$980
Feb 2002	0	310	18.22	2.38	$736
Jan 2002	0	320	17.17	2.38	$760
Dec 2001	0	312	16.93	2.36	$738
Nov 2001	0	360	18.07	2.41	$866
Oct 2001	0	315	19.78	2.53	$797
Sep 2001	0	310	24.26	2.25	$698
Aug 2001	0	240	24.87	3.05	$733
Jul 2001	0	320	23.93	3.20	$1,023
Jun 2001	0	280	24.56	3.82	$1,071
May 2001	0	280	25.52	4.31	$1,206
Apr 2001	0	327	24.68	5.34	$1,745
Mar 2001	0	200	24.54	5.38	$1,075
Feb 2001	0	200	27.75	5.77	$1,153
Jan 2001	0	280	27.47	8.40	$2,352
Dec 2000	0	0	26.88	9.12	$0
Nov 2000	0	245	32.21	5.66	$1,386
Oct 2000	0	336	31.23	5.15	$1,729
Sep 2000	164	160	31.87	5.19	$6,057
Aug 2000	0	321	29.64	4.54	$1,458
Jul 2000	0	235	28.53	4.09	$961
Jun 2000	0	224	29.30	4.40	$985
May 2000	0	212	27.26	3.68	$780
Apr 2000	0	214	24.51	3.12	$667
Mar 2000	42	237	28.42	2.86	$1,871
Feb 2000	0	255	27.62	2.73	$695
Jan 2000	0	300	25.27	2.48	$744
Dec 1999	41	346	24.28	2.42	$1,834
Nov 1999	0	303	23.19	2.43	$738
Oct 1999	0	324	20.98	2.80	$908
Sep 1999	0	252	21.75	2.62	$660
Aug 1999	0	331	19.26	2.88	$952
Jul 1999	0	236	17.89	2.37	$560
Jun 1999	0	206	15.94	2.36	$487
May 1999	15	272	15.79	2.32	$868
Apr 1999	0	236	15.10	2.21	$521
Mar 1999	0	242	12.47	1.84	$445
Feb 1999	0	232	9.98	1.82	$422
Jan 1999	0	150	10.38	1.90	$285
Dec 1998	0	191	9.20	1.77	$339
Nov 1998	0	317	10.89	2.19	$693
Oct 1998	0	348	12.42	1.97	$685
Sep 1998	0	276	12.59	2.08	$575
Aug 1998	0	400	11.30	1.91	$763
Jul 1998	0	322	11.74	2.24	$720
Jun 1998	0	313	11.24	2.24	$700
May 1998	0	472	12.62	2.21	$1,041
Apr 1998	0	693	13.04	2.51	$1,736
Mar 1998	0	0	12.80	2.31	$0
Feb 1998	0	136	13.95	2.30	$313

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 2016 — as filed, then multipliedworked

Condensate            63 bbl  × $ 36.56 =     $2,303
Gas                    0 Mcf  × $  1.99 =         $0

────────────────────────────────────────────────────
Month total                                   $2,303

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/169194 is the state's own key, not one this site invented.