STATE OF TEXAS "38"

Name: STATE OF TEXAS "38" lease production and value, Aug 2000 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

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 178713District 08Field 319072002 tax incentive programmesCondensateGasSave Export

Value, all time

$19.6 M

Aug 2000 – Apr 2018

Value, last 12 filed months

$6 k

at the published price for each month

Months reported

213

no gaps in the span

Streams

condensate, gas

The FORD (CHANNEL) 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 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.

Programme	Filings	With an approval date	Dated	Docket
High Cost Gas	1	1	2002-05-28	147574
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	164 bbl	$3,797
Gas	Production	3,596,574 Mcf	$19,601,475
Total			$19,605,272

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 31.9102, -104.0306. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.91015, -104.03065 · 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

12,260 ft

1 wells filed one

Completion to plug

17.1 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 12,260 ft.

Completions filed

Aug 2000

1 of 1 wells

Plug dates filed

Sep 2017

1 of 1 wells

Last completion to plug: a median of 17.1 years across the 1 well that filed both dates, with the middle half between 17.1 years and 17.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-38932186	1	12,260 ft	Aug 2000	Sep 2017	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 (213)

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

213 months


Apr 2018	0	0	63.84	2.90	$0
Mar 2018	0	0	61.22	2.79	$0
Feb 2018	0	0	61.78	2.77	$0
Jan 2018	15	0	62.87	4.01	$943
Dec 2017	0	0	57.27	2.92	$0
Nov 2017	0	0	55.42	3.12	$0
Oct 2017	0	0	49.29	2.98	$0
Sep 2017	0	0	47.52	3.09	$0
Aug 2017	0	0	45.37	3.00	$0
Jul 2017	0	0	43.87	3.09	$0
Jun 2017	0	1,283	42.49	3.09	$3,961
May 2017	0	460	45.37	3.26	$1,501
Apr 2017	0	72	47.93	3.21	$231
Mar 2017	0	2,447	46.77	2.98	$7,301
Feb 2017	0	33	50.45	2.95	$97
Jan 2017	0	378	49.41	3.42	$1,292
Dec 2016	0	854	48.76	3.72	$3,179
Nov 2016	0	72	42.49	2.64	$190
Oct 2016	0	13	46.19	3.09	$40
Sep 2016	0	140	41.55	3.10	$434
Aug 2016	0	0	41.44	2.92	$0
Jul 2016	0	3,409	41.62	2.92	$9,969
Jun 2016	0	191	45.35	2.69	$513
May 2016	0	2,558	42.52	1.99	$5,093
Apr 2016	0	3,847	36.56	1.99	$7,660
Mar 2016	0	868	33.01	1.79	$1,557
Feb 2016	0	436	26.47	2.06	$900
Jan 2016	0	263	27.35	2.36	$622
Dec 2015	0	13	32.36	2.00	$26
Nov 2015	0	1,511	38.79	2.17	$3,275
Oct 2015	0	1,805	43.55	2.43	$4,380
Sep 2015	0	1,848	42.99	2.76	$5,098
Aug 2015	0	2,158	40.16	2.87	$6,199
Jul 2015	0	1,978	48.15	2.95	$5,825
Jun 2015	0	531	56.15	2.88	$1,531
May 2015	0	2,291	55.21	2.96	$6,771
Apr 2015	0	1,991	49.82	2.71	$5,389
Mar 2015	0	3,108	42.89	2.93	$9,121
Feb 2015	0	2,703	44.66	2.98	$8,045
Jan 2015	0	2,482	43.43	3.10	$7,696
Dec 2014	0	3,879	54.69	3.59	$13,931
Nov 2014	0	5,009	70.46	4.25	$21,297
Oct 2014	0	9,138	78.30	3.90	$35,647
Sep 2014	0	209	86.16	4.05	$846
Aug 2014	0	32	89.39	4.04	$129
Jul 2014	0	0	96.56	4.18	$0
Jun 2014	0	579	98.16	4.74	$2,743
May 2014	0	2,399	94.73	4.73	$11,339
Apr 2014	0	2,658	95.94	4.81	$12,783
Mar 2014	0	2,184	95.89	5.06	$11,044
Feb 2014	0	3,956	97.40	6.19	$24,496
Jan 2014	0	2,361	90.40	4.86	$11,476
Dec 2013	0	3,779	91.82	4.35	$16,456
Nov 2013	0	1,917	88.85	3.74	$7,166
Oct 2013	0	3,113	97.42	3.78	$11,765
Sep 2013	0	3,466	104.11	3.72	$12,886
Aug 2013	0	3,965	104.25	3.52	$13,967
Jul 2013	0	4,508	102.52	3.72	$16,760
Jun 2013	0	3,219	94.40	3.93	$12,662
May 2013	0	4,662	94.83	4.15	$19,343
Apr 2013	0	4,293	93.96	4.28	$18,385
Mar 2013	0	3,890	93.62	3.91	$15,221
Feb 2013	0	3,187	91.23	3.42	$10,899
Jan 2013	0	3,637	91.60	3.42	$12,438
Dec 2012	0	3,259	86.77	3.42	$11,146
Nov 2012	0	3,573	86.95	3.62	$12,952
Oct 2012	0	4,028	89.38	3.40	$13,694
Sep 2012	0	4,312	94.67	2.92	$12,584
Aug 2012	0	4,308	92.66	2.91	$12,528
Jul 2012	0	5,304	85.13	3.02	$16,022
Jun 2012	0	4,463	79.82	2.52	$11,242
May 2012	0	6,480	91.61	2.49	$16,124
Apr 2012	0	4,638	101.65	2.00	$9,261
Mar 2012	0	8,060	105.05	2.22	$17,910
Feb 2012	0	7,516	101.10	2.57	$19,318
Jan 2012	0	8,460	98.09	2.73	$23,130
Dec 2011	0	9,199	96.87	3.24	$29,802
Nov 2011	0	7,635	95.72	3.31	$25,282
Oct 2011	0	7,036	84.98	3.65	$25,671
Sep 2011	0	4,275	83.62	3.99	$17,039
Aug 2011	0	5,080	83.40	4.15	$21,079
Jul 2011	0	7,316	94.14	4.52	$33,048
Jun 2011	0	4,844	92.90	4.64	$22,476
May 2011	0	8,421	98.13	4.40	$37,093
Apr 2011	0	8,894	105.96	4.33	$38,540
Mar 2011	0	8,284	96.36	4.06	$33,611
Feb 2011	0	7,397	85.64	4.18	$30,919
Jan 2011	0	8,494	86.50	4.59	$38,977
Dec 2010	0	8,506	85.73	4.35	$36,982
Nov 2010	0	9,029	80.84	3.80	$34,268
Oct 2010	0	9,543	78.10	3.51	$33,485
Sep 2010	0	7,858	72.63	3.98	$31,271
Aug 2010	0	10,385	73.68	4.42	$45,895
Jul 2010	0	10,323	72.55	4.74	$48,895
Jun 2010	0	9,745	70.36	4.91	$47,852
May 2010	0	10,748	71.12	4.24	$45,520
Apr 2010	0	10,233	81.69	4.12	$42,187
Mar 2010	0	9,698	78.39	4.39	$42,561
Feb 2010	0	9,664	73.58	5.44	$52,595
Jan 2010	0	10,297	74.36	5.96	$61,412
Dec 2009	0	9,709	71.44	5.48	$53,242
Nov 2009	0	9,609	74.59	3.75	$36,048
Oct 2009	0	10,476	72.54	4.11	$43,059
Sep 2009	0	10,515	65.54	3.06	$32,226
Aug 2009	0	10,714	67.42	3.22	$34,483
Jul 2009	0	10,049	61.13	3.46	$34,815
Jun 2009	0	10,471	66.16	3.90	$40,785
May 2009	0	10,880	54.74	3.93	$42,712
Apr 2009	0	10,562	46.77	3.59	$37,891
Mar 2009	0	11,123	42.14	4.06	$45,148
Feb 2009	0	9,556	32.81	4.63	$44,273
Jan 2009	0	11,790	35.86	5.37	$63,324
Dec 2008	0	10,754	37.10	5.98	$64,278
Nov 2008	0	11,870	55.49	6.86	$81,432
Oct 2008	0	12,374	75.24	6.92	$85,653
Sep 2008	0	11,697	101.76	7.88	$92,138
Aug 2008	0	11,845	114.22	8.48	$100,481
Jul 2008	0	10,959	131.08	11.39	$124,817
Jun 2008	0	10,369	131.33	13.03	$135,135
May 2008	0	11,223	123.17	11.57	$129,898
Apr 2008	0	11,241	110.31	10.45	$117,523
Mar 2008	0	10,799	101.90	9.66	$104,362
Feb 2008	0	11,553	92.53	8.77	$101,327
Jan 2008	0	15,886	90.38	8.21	$130,356
Dec 2007	0	13,331	88.33	7.30	$97,343
Nov 2007	0	14,688	91.67	7.29	$107,100
Oct 2007	0	14,266	82.85	6.92	$98,749
Sep 2007	0	15,226	75.84	6.24	$95,074
Aug 2007	0	16,063	69.06	6.39	$102,609
Jul 2007	0	16,409	70.90	6.39	$104,820
Jun 2007	0	14,554	62.00	7.55	$109,860
May 2007	0	16,335	58.74	7.85	$128,169
Apr 2007	0	16,285	59.61	7.81	$127,108
Mar 2007	0	17,164	56.92	7.30	$125,331
Feb 2007	0	15,498	55.10	8.22	$127,332
Jan 2007	0	17,312	50.30	6.73	$116,455
Dec 2006	0	17,721	56.65	6.92	$122,602
Nov 2006	0	17,180	54.20	7.62	$130,868
Oct 2006	0	17,652	54.90	6.01	$106,156
Sep 2006	0	16,321	60.08	5.04	$82,212
Aug 2006	0	18,208	68.71	7.34	$133,645
Jul 2006	0	18,082	69.37	6.34	$114,690
Jun 2006	0	16,316	66.28	6.38	$104,159
May 2006	0	17,723	66.01	6.42	$113,870
Apr 2006	0	18,592	64.39	7.36	$136,846
Mar 2006	0	17,270	56.70	7.08	$122,322
Feb 2006	0	15,725	57.59	7.75	$121,886
Jan 2006	0	17,371	60.59	8.93	$155,181
Dec 2005	0	18,873	54.94	13.42	$253,189
Nov 2005	0	19,403	54.69	10.59	$205,447
Oct 2005	0	20,846	58.34	13.80	$287,586
Sep 2005	0	19,966	61.45	12.08	$241,169
Aug 2005	0	18,826	61.51	9.80	$184,435
Jul 2005	0	21,374	55.69	7.84	$167,650
Jun 2005	0	20,780	52.33	7.38	$153,378
May 2005	0	22,223	45.22	6.65	$147,809
Apr 2005	0	21,563	49.20	7.36	$158,714
Mar 2005	0	23,057	50.37	7.15	$164,970
Feb 2005	0	20,976	45.22	6.31	$132,399
Jan 2005	0	23,820	43.16	6.32	$150,595
Dec 2004	0	23,227	39.86	6.75	$156,807
Nov 2004	0	23,680	45.28	6.33	$149,904
Oct 2004	0	25,349	49.70	6.52	$165,151
Sep 2004	0	24,991	43.24	5.28	$132,050
Aug 2004	0	25,968	42.37	5.55	$144,140
Jul 2004	14	19,935	38.28	6.08	$121,824
Jun 2004	0	20,020	36.10	6.43	$128,789
May 2004	0	21,297	37.48	6.49	$138,315
Apr 2004	0	16,802	34.47	5.86	$98,434
Mar 2004	0	23,316	34.36	5.53	$128,941
Feb 2004	0	21,477	32.45	5.51	$118,330
Jan 2004	0	23,246	32.03	6.30	$146,441
Dec 2003	0	24,282	30.26	6.30	$153,016
Nov 2003	0	24,485	28.80	4.60	$112,512
Oct 2003	0	23,627	28.17	4.76	$112,456
Sep 2003	0	24,468	26.31	4.75	$116,207
Aug 2003	0	25,010	29.76	5.13	$128,294
Jul 2003	0	27,384	29.41	5.17	$141,598
Jun 2003	0	28,061	28.56	5.98	$167,888
May 2003	0	29,728	26.59	5.97	$177,556
Apr 2003	0	28,658	26.67	5.41	$154,962
Mar 2003	0	31,525	31.14	6.10	$192,178
Feb 2003	0	29,857	33.48	7.93	$236,643
Jan 2003	0	33,809	30.31	5.58	$188,723
Dec 2002	0	33,246	26.91	4.85	$161,368
Nov 2002	0	33,663	24.66	4.14	$139,262
Oct 2002	0	35,850	26.46	4.23	$151,614
Sep 2002	0	33,918	27.44	3.64	$123,299
Aug 2002	0	35,507	25.96	3.16	$112,350
Jul 2002	0	36,499	24.58	3.06	$111,751
Jun 2002	0	36,420	23.73	3.34	$121,579
May 2002	0	39,492	24.66	3.58	$141,539
Apr 2002	0	39,204	23.65	3.51	$137,697
Mar 2002	0	43,221	22.00	3.10	$134,103
Feb 2002	0	41,365	18.22	2.38	$98,270
Jan 2002	135	48,503	17.17	2.38	$117,546
Dec 2001	0	50,467	16.93	2.36	$119,324
Nov 2001	0	39,813	18.07	2.41	$95,771
Oct 2001	0	52,113	19.78	2.53	$131,788
Sep 2001	0	53,115	24.26	2.25	$119,579
Aug 2001	0	58,645	24.87	3.05	$179,053
Jul 2001	0	61,822	23.93	3.20	$197,650
Jun 2001	0	64,086	24.56	3.82	$245,075
May 2001	0	66,795	25.52	4.31	$287,707
Apr 2001	0	68,861	24.68	5.34	$367,395
Mar 2001	0	69,959	24.54	5.38	$376,130
Feb 2001	0	73,079	27.75	5.77	$421,452
Jan 2001	0	87,371	27.47	8.40	$733,808
Dec 2000	0	95,522	26.88	9.12	$871,399
Nov 2000	0	107,907	32.21	5.66	$610,538
Oct 2000	0	135,123	31.23	5.15	$695,275
Sep 2000	0	138,083	31.87	5.19	$716,167
Aug 2000	0	20,612	29.64	4.54	$93,594

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 2018 — as filed, then multipliedworked

Condensate            15 bbl  × $ 62.87 =       $943
Gas                    0 Mcf  × $  4.01 =         $0

────────────────────────────────────────────────────
Month total                                     $943

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/178713 is the state's own key, not one this site invented.