RAMSEY -35-

Operated by CONOCOPHILLIPS COMPANY (P-5 172232) in the FORD (CHANNEL) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 176378District 08Field 319072002 tax incentive programmesGasSaveExport
Value, all time
$6.9 M
Jan 2000 – Oct 2017
Value, last 12 filed months
$61 k
at the published price for each month
Months reported
214
no gaps in the span
Streams
1
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 18 leases and 18 wells, and the rule below applies to all of them.

Discovered
2015-06-09
as the register files it
Field class
Oil and gas
the register's own label
Between wells
2,640 ft
minimum
From a lease line
1,320 ft
minimum

A drilling unit in this field needs at least 320 acres. The field rule took effect on 2015-06-09.

The Commission's schedule remark for this field reads: CORRELATIVE INTERVAL 11527 TO 12046 FEET AS DESIGNATED ON THE

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 Gas112002-06-21147569
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
GasProduction1,326,832 Mcf$6,934,465
Total$6,934,465

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 31.9246, -104.0320. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.92463, -104.03204 · 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
12,240 ft
1 wells filed one
Completion to plug
17.8 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 12,240 ft.

Completions filed
Jan 2000
1 of 1 wells
Plug dates filed
Oct 2017
1 of 1 wells

Last completion to plug: a median of 17.8 years across the 1 well that filed both dates, with the middle half between 17.8 years and 17.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-10932198112,240 ftJan 2000Oct 2017Yes

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 (214)

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

214 months

Oct 2017049.292.98$0
Sep 20171,24547.523.09$3,844
Aug 201769945.373.00$2,100
Jul 20173543.873.09$108
Jun 2017042.493.09$0
May 2017245.373.26$7
Apr 201782047.933.21$2,634
Mar 20172,36546.772.98$7,056
Feb 20173,52650.452.95$10,411
Jan 20171,02949.413.42$3,518
Dec 20165,19148.763.72$19,325
Nov 20164,57742.492.64$12,103
Oct 201663846.193.09$1,972
Sep 20161,15941.553.10$3,594
Aug 2016041.442.92$0
Jul 201659041.622.92$1,725
Jun 201667945.352.69$1,824
May 201630342.521.99$603
Apr 201647136.561.99$938
Mar 20163,08333.011.79$5,531
Feb 201618326.472.06$378
Jan 20161,03127.352.36$2,438
Dec 20154232.362.00$84
Nov 20151,00538.792.17$2,178
Oct 20152,62543.552.43$6,370
Sep 20152,24342.992.76$6,187
Aug 20151,93340.162.87$5,553
Jul 2015548.152.95$15
Jun 201590356.152.88$2,603
May 20153,63455.212.96$10,740
Apr 20153,21549.822.71$8,702
Mar 20154,57742.892.93$13,432
Feb 20154,60344.662.98$13,699
Jan 20157,80943.433.10$24,213
Dec 20143,28154.693.59$11,783
Nov 20141,38970.464.25$5,906
Oct 20146,09078.303.90$23,757
Sep 2014086.164.05$0
Aug 20141689.394.04$65
Jul 20148096.564.18$334
Jun 20141,88798.164.74$8,938
May 20142,22794.734.73$10,526
Apr 20141,70595.944.81$8,200
Mar 20143,55495.895.06$17,972
Feb 20143,07897.406.19$19,059
Jan 20141,78390.404.86$8,667
Dec 20133,12691.824.35$13,612
Nov 20134,85188.853.74$18,134
Oct 20135,89897.423.78$22,291
Sep 20133,178104.113.72$11,815
Aug 20133,242104.253.52$11,420
Jul 20133,197102.523.72$11,886
Jun 20132,84694.403.93$11,194
May 20133,28094.834.15$13,609
Apr 20131,77493.964.28$7,597
Mar 20133,43493.623.91$13,437
Feb 20132,47191.233.42$8,451
Jan 20132,56891.603.42$8,782
Dec 20122,47086.773.42$8,448
Nov 20122,74986.953.62$9,965
Oct 20122,94389.383.40$10,005
Sep 20123,05594.672.92$8,916
Aug 20122,43492.662.91$7,078
Jul 20121,79985.133.02$5,434
Jun 20121,81979.822.52$4,582
May 20123,19091.612.49$7,938
Apr 20122,936101.652.00$5,863
Mar 20123,313105.052.22$7,362
Feb 20122,910101.102.57$7,479
Jan 20123,03098.092.73$8,284
Dec 20113,13496.873.24$10,153
Nov 20113,09995.723.31$10,262
Oct 20113,23384.983.65$11,796
Sep 20112,19383.623.99$8,741
Aug 20113,03083.404.15$12,572
Jul 20113,31594.144.52$14,975
Jun 20112,27792.904.64$10,565
May 20113,70398.134.40$16,311
Apr 20113,980105.964.33$17,246
Mar 20113,80996.364.06$15,454
Feb 20113,15085.644.18$13,167
Jan 20113,79186.504.59$17,396
Dec 20103,78485.734.35$16,452
Nov 20103,73880.843.80$14,187
Oct 20104,21878.103.51$14,801
Sep 20102,86072.633.98$11,381
Aug 20104,00773.684.42$17,708
Jul 20104,10472.554.74$19,439
Jun 20103,59870.364.91$17,668
May 20104,29271.124.24$18,178
Apr 20103,34281.694.12$13,778
Mar 20103,81178.394.39$16,725
Feb 20103,54673.585.44$19,299
Jan 20103,76474.365.96$22,449
Dec 20093,83471.445.48$21,025
Nov 20093,42874.593.75$12,860
Oct 20094,24772.544.11$17,456
Sep 20094,31965.543.06$13,237
Aug 20093,97967.423.22$12,806
Jul 20094,01761.133.46$13,917
Jun 20094,09366.163.90$15,942
May 20093,99754.743.93$15,691
Apr 20094,26146.773.59$15,286
Mar 20094,37242.144.06$17,746
Feb 20093,34432.814.63$15,493
Jan 20094,17435.865.37$22,419
Dec 20084,03037.105.98$24,088
Nov 20084,58955.496.86$31,482
Oct 20084,77275.246.92$33,032
Sep 20084,781101.767.88$37,660
Aug 20084,206114.228.48$35,680
Jul 20084,507131.0811.39$51,332
Jun 20084,101131.3313.03$53,447
May 20084,407123.1711.57$51,008
Apr 20084,527110.3110.45$47,329
Mar 20083,697101.909.66$35,728
Feb 20084,63492.538.77$40,643
Jan 20085,44190.388.21$44,647
Dec 20073,94888.337.30$28,828
Nov 20075,07391.677.29$36,991
Oct 20074,47082.856.92$30,941
Sep 20074,91775.846.24$30,703
Aug 20075,30869.066.39$33,907
Jul 20075,62270.906.39$35,913
Jun 20074,73962.007.55$35,772
May 20075,47858.747.85$42,982
Apr 20074,95959.617.81$38,706
Mar 20075,30856.927.30$38,759
Feb 20074,94355.108.22$40,612
Jan 20076,21250.306.73$41,787
Dec 20065,80756.656.92$40,175
Nov 20065,61554.207.62$42,772
Oct 20065,79354.906.01$34,838
Sep 20065,31760.085.04$26,783
Aug 20066,14368.717.34$45,089
Jul 20066,01569.376.34$38,152
Jun 20065,41266.286.38$34,550
May 20066,13466.016.42$39,411
Apr 20066,28164.397.36$46,231
Mar 20065,49156.707.08$38,892
Feb 20064,91757.597.75$38,112
Jan 20065,53860.598.93$49,473
Dec 20055,98154.9413.42$80,238
Nov 20056,17754.6910.59$65,405
Oct 20056,52258.3413.80$89,976
Sep 20056,43861.4512.08$77,765
Aug 20056,02261.519.80$58,997
Jul 20056,82255.697.84$53,509
Jun 20056,74052.337.38$49,748
May 20057,25345.226.65$48,241
Apr 20057,19549.207.36$52,959
Mar 20057,61350.377.15$54,470
Feb 20056,81845.226.31$43,035
Jan 20057,76843.166.32$49,111
Dec 20048,14639.866.75$54,994
Nov 20048,01445.286.33$50,732
Oct 20048,62949.706.52$56,219
Sep 20048,42943.245.28$44,538
Aug 20048,87442.375.55$49,257
Jul 20047,90838.286.08$48,114
Jun 20046,76536.106.43$43,519
May 20047,48437.486.49$48,605
Apr 20045,55434.475.86$32,538
Mar 20047,41034.365.53$40,978
Feb 20046,66332.455.51$36,711
Jan 20047,04432.036.30$44,375
Dec 20037,40530.266.30$46,664
Nov 20037,44128.804.60$34,193
Oct 20038,03128.174.76$38,225
Sep 20038,34126.314.75$39,614
Aug 20037,40829.765.13$38,001
Jul 20037,80029.415.17$40,333
Jun 20038,01528.565.98$47,953
May 20038,96026.595.97$53,515
Apr 20038,76326.675.41$47,384
Mar 200310,20331.146.10$62,198
Feb 20039,49133.487.93$75,225
Jan 200310,71230.315.58$59,795
Dec 200210,71426.914.85$52,003
Nov 200211,12524.664.14$46,024
Oct 200211,78426.464.23$49,836
Sep 200211,54727.443.64$41,976
Aug 200211,65525.963.16$36,878
Jul 200211,91824.583.06$36,490
Jun 200211,63023.733.34$38,824
May 200212,36524.663.58$44,316
Apr 200212,25023.653.51$43,026
Mar 200212,50622.003.10$38,803
Feb 200211,39418.222.38$27,069
Jan 200213,65317.172.38$32,435
Dec 200114,59116.932.36$34,499
Nov 200113,28118.072.41$31,948
Oct 200115,36919.782.53$38,866
Sep 200114,14924.262.25$31,854
Aug 200116,19924.873.05$49,458
Jul 200117,07323.933.20$54,584
Jun 200117,49924.563.82$66,919
May 200118,84225.524.31$81,159
Apr 200121,26524.685.34$113,456
Mar 200121,03324.545.38$113,083
Feb 200119,23427.755.77$110,924
Jan 200123,33927.478.40$196,019
Dec 200025,27726.889.12$230,589
Nov 200026,22432.215.66$148,375
Oct 200031,30731.235.15$161,090
Sep 200034,37831.875.19$178,302
Aug 200040,11429.644.54$182,148
Jul 200045,68728.534.09$186,848
Jun 200021,79329.304.40$95,829
May 2000027.263.68$0
Apr 2000024.513.12$0
Mar 2000028.422.86$0
Feb 2000027.622.73$0
Jan 2000025.272.48$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.

Sep 2017 — as filed, then multipliedworked
Gas                1,245 Mcf  × $  3.09 =     $3,844

────────────────────────────────────────────────────
Month total                                   $3,844

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/176378 is the state's own key, not one this site invented.