CHINA LAKE "205"

Operated by PLATINUM EXPLORATION INC. (P-5 667939) in the QUITO (ATOKA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 176767District 08Field 73926300GasSave
Value, all time
$16 k
Aug 1999 – Feb 2001
Value, last 12 filed months
$11 k
at the published price for each month
Months reported
19
no gaps in the span
Streams
1
gas

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
GasProduction4,301 Mcf$15,886
Total$15,886

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 31.4976, -103.4192. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.49760, -103.41915 · 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
16,867 ft
1 wells filed one
Completion to plug
21.2 years
median over 1 wells

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 16,867 ft.

Completions filed
Feb 2001
1 of 1 wells
Plug dates filed
Apr 2022
1 of 1 wells

Last completion to plug: a median of 21.2 years across the 1 well that filed both dates, with the middle half between 21.2 years and 21.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-47534390216,867 ftFeb 2001Apr 2022Yes

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 (19)

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

19 months

Feb 2001027.755.77$0
Jan 200127927.478.40$2,343
Dec 200011126.889.12$1,013
Nov 20004732.215.66$266
Oct 200011431.235.15$587
Sep 20007031.875.19$363
Aug 20008729.644.54$395
Jul 20009528.534.09$389
Jun 200022729.304.40$998
May 200040027.263.68$1,472
Apr 200025624.513.12$798
Mar 20001,00328.422.86$2,868
Feb 20001,61227.622.73$4,395
Jan 2000025.272.48$0
Dec 1999024.282.42$0
Nov 1999023.192.43$0
Oct 1999020.982.80$0
Sep 1999021.752.62$0
Aug 1999019.262.88$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.

Jan 2001 — as filed, then multipliedworked
Gas                  279 Mcf  × $  8.40 =     $2,343

────────────────────────────────────────────────────
Month total                                   $2,343

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/176767 is the state's own key, not one this site invented.