TEXAS PACIFIC LAND TRUST "23"

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 179788District 08Field 319072002 tax incentive programmesGasSaveExport
Value, all time
$5.9 M
Sep 2000 – Nov 2021
Value, last 12 filed months
$0
at the published price for each month
Months reported
255
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 Gas112002-06-21147571
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
GasProduction1,125,893 Mcf$5,898,174
Total$5,898,174

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 31.9437, -104.0378. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.94374, -104.03775 · 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
12,174 ft
1 wells filed one
Completion to plug
21.3 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 12,174 ft.

Completions filed
Sep 2000
1 of 1 wells
Plug dates filed
Dec 2021
1 of 1 wells

Last completion to plug: a median of 21.3 years across the 1 well that filed both dates, with the middle half between 21.3 years and 21.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-10932199112,174 ftSep 2000Dec 2021Yes

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 (255)

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

255 months

Nov 2021077.435.24$0
Oct 2021079.795.71$0
Sep 2021069.865.35$0
Aug 2021066.024.22$0
Jul 2021070.783.98$0
Jun 2021069.493.38$0
May 2021063.483.02$0
Apr 2021060.362.76$0
Mar 2021061.302.72$0
Feb 2021057.805.55$0
Jan 2021050.412.81$0
Dec 2020044.642.68$0
Nov 2020038.772.71$0
Oct 2020036.972.48$0
Sep 2020037.091.99$0
Aug 2020039.982.39$0
Jul 2020038.371.83$0
Jun 2020034.901.69$0
May 202043216.921.81$784
Apr 202085314.751.80$1,539
Mar 20201,05730.341.86$1,962
Feb 202086849.881.98$1,719
Jan 20201,55957.252.09$3,266
Dec 2019659.012.30$14
Nov 201914855.302.75$407
Oct 201977653.472.42$1,877
Sep 20191,44455.052.66$3,837
Aug 20192,37653.112.30$5,475
Jul 20191,80156.272.46$4,431
Jun 201959552.782.49$1,482
May 201975058.482.74$2,055
Apr 201945862.632.75$1,260
Mar 201938456.803.06$1,176
Feb 20191,12150.852.79$3,130
Jan 201940546.033.23$1,307
Dec 201892946.594.19$3,888
Nov 20182,62752.934.24$11,131
Oct 20183,14961.443.40$10,701
Sep 201813959.543.11$432
Aug 201835059.403.07$1,073
Jul 20182,01365.142.93$5,902
Jun 201873660.183.08$2,265
May 20182,06865.382.90$5,999
Apr 20182,24263.842.90$6,504
Mar 20181,34661.222.79$3,751
Feb 20181,19161.782.77$3,294
Jan 20182,14362.874.01$8,592
Dec 20172,13957.272.92$6,249
Nov 20175,31255.423.12$16,565
Oct 20172,15449.292.98$6,427
Sep 201758847.523.09$1,815
Aug 201717945.373.00$538
Jul 2017043.873.09$0
Jun 201767342.493.09$2,078
May 20171,22245.373.26$3,988
Apr 201743347.933.21$1,391
Mar 201731446.772.98$937
Feb 20171,16350.452.95$3,434
Jan 201761249.413.42$2,092
Dec 20162,39048.763.72$8,898
Nov 20161,74842.492.64$4,622
Oct 20163,42546.193.09$10,584
Sep 20163,39141.553.10$10,514
Aug 20161241.442.92$35
Jul 20165041.622.92$146
Jun 201624645.352.69$661
May 201611042.521.99$219
Apr 201617136.561.99$340
Mar 20161,11633.011.79$2,002
Feb 201623126.472.06$477
Jan 201629227.352.36$690
Dec 20153632.362.00$72
Nov 20151,66538.792.17$3,609
Oct 20151,95343.552.43$4,739
Sep 20152,09242.992.76$5,771
Aug 20152,49440.162.87$7,164
Jul 20151,84648.152.95$5,437
Jun 201561956.152.88$1,784
May 20152,60255.212.96$7,690
Apr 20152,58149.822.71$6,986
Mar 20152,81642.892.93$8,264
Feb 20152,43144.662.98$7,235
Jan 20151,95543.433.10$6,062
Dec 20141,60054.693.59$5,746
Nov 20141,44970.464.25$6,161
Oct 201440478.303.90$1,576
Sep 20141,89786.164.05$7,674
Aug 201487189.394.04$3,515
Jul 2014396.564.18$13
Jun 201454998.164.74$2,601
May 20141,87294.734.73$8,848
Apr 20142,37195.944.81$11,402
Mar 20142,25995.895.06$11,423
Feb 20143,27797.406.19$20,291
Jan 20141,86290.404.86$9,051
Dec 20133,24391.824.35$14,122
Nov 20131,95488.853.74$7,305
Oct 20132,94697.423.78$11,134
Sep 20131,606104.113.72$5,971
Aug 20133,123104.253.52$11,001
Jul 20133,118102.523.72$11,592
Jun 20132,64394.403.93$10,396
May 20133,30094.834.15$13,692
Apr 20133,67093.964.28$15,717
Mar 20133,30793.623.91$12,940
Feb 20132,32591.233.42$7,951
Jan 20132,72791.603.42$9,326
Dec 20122,32286.773.42$7,942
Nov 20122,62086.953.62$9,497
Oct 20122,78789.383.40$9,475
Sep 20122,80294.672.92$8,177
Aug 20122,64492.662.91$7,689
Jul 20122,69085.133.02$8,126
Jun 20122,19079.822.52$5,517
May 20123,01291.612.49$7,495
Apr 20122,568101.652.00$5,128
Mar 20122,946105.052.22$6,546
Feb 20122,648101.102.57$6,806
Jan 20122,76498.092.73$7,557
Dec 20112,97696.873.24$9,641
Nov 20112,84795.723.31$9,427
Oct 20112,85784.983.65$10,424
Sep 20111,92383.623.99$7,665
Aug 20112,26183.404.15$9,382
Jul 20112,43494.144.52$10,995
Jun 20111,82392.904.64$8,459
May 20112,58598.134.40$11,386
Apr 20112,621105.964.33$11,358
Mar 20112,70996.364.06$10,991
Feb 20112,23085.644.18$9,321
Jan 20112,71686.504.59$12,463
Dec 20102,72985.734.35$11,865
Nov 20102,66680.843.80$10,118
Oct 20102,90278.103.51$10,183
Sep 20102,61172.633.98$10,390
Aug 20103,01673.684.42$13,329
Jul 20103,03672.554.74$14,380
Jun 20103,03270.364.91$14,888
May 20103,37771.124.24$14,302
Apr 20103,41181.694.12$14,063
Mar 20103,40278.394.39$14,930
Feb 20103,16473.585.44$17,220
Jan 20103,36774.365.96$20,081
Dec 20092,58071.445.48$14,148
Nov 20092,54874.593.75$9,559
Oct 20092,64072.544.11$10,851
Sep 20092,64965.543.06$8,119
Aug 20092,66367.423.22$8,571
Jul 20092,80561.133.46$9,718
Jun 20092,62666.163.90$10,228
May 20092,92454.743.93$11,479
Apr 20092,81246.773.59$10,088
Mar 20092,91742.144.06$11,840
Feb 20092,33532.814.63$10,818
Jan 20093,13135.865.37$16,817
Dec 20082,98737.105.98$17,854
Nov 20083,17355.496.86$21,768
Oct 20083,62675.246.92$25,099
Sep 20083,681101.767.88$28,996
Aug 20083,572114.228.48$30,301
Jul 20083,971131.0811.39$45,227
Jun 20083,702131.3313.03$48,247
May 20084,056123.1711.57$46,945
Apr 20083,198110.3110.45$33,435
Mar 20082,304101.909.66$22,266
Feb 20081,81292.538.77$15,892
Jan 20081,96190.388.21$16,091
Dec 200775588.337.30$5,513
Nov 20071,06691.677.29$7,773
Oct 20071,60182.856.92$11,082
Sep 20073,28375.846.24$20,500
Aug 20073,50069.066.39$22,358
Jul 20073,62370.906.39$23,144
Jun 20073,41162.007.55$25,748
May 20073,58958.747.85$28,160
Apr 20073,51759.617.81$27,451
Mar 20073,67656.927.30$26,842
Feb 20073,30855.108.22$27,179
Jan 20073,73050.306.73$25,091
Dec 20063,87156.656.92$26,781
Nov 20063,64254.207.62$27,743
Oct 20063,87554.906.01$23,303
Sep 20063,62760.085.04$18,270
Aug 20064,02268.717.34$29,521
Jul 20064,02269.376.34$25,511
Jun 20063,65966.286.38$23,359
May 20063,88966.016.42$24,987
Apr 20064,03664.397.36$29,707
Mar 20063,77356.707.08$26,724
Feb 20063,42157.597.75$26,517
Jan 20063,85060.598.93$34,393
Dec 20054,26254.9413.42$57,176
Nov 20054,45254.6910.59$47,140
Oct 20054,92258.3413.80$67,903
Sep 20054,55361.4512.08$54,996
Aug 20054,46461.519.80$43,733
Jul 20055,08655.697.84$39,893
Jun 20055,12552.337.38$37,828
May 20055,71845.226.65$38,031
Apr 20055,67349.207.36$41,756
Mar 20056,13250.377.15$43,874
Feb 20055,55045.226.31$35,031
Jan 20056,27643.166.32$39,678
Dec 20046,22539.866.75$42,025
Nov 20046,53145.286.33$41,344
Oct 20047,36749.706.52$47,997
Sep 20047,18343.245.28$37,954
Aug 20047,42942.375.55$41,236
Jul 20046,83538.286.08$41,585
Jun 20046,13936.106.43$39,492
May 20047,55837.486.49$49,086
Apr 20042,82534.475.86$16,550
Mar 20046,63534.365.53$36,692
Feb 20045,72632.455.51$31,548
Jan 20046,25232.036.30$39,385
Dec 20036,41430.266.30$40,419
Nov 20036,35028.804.60$29,179
Oct 20036,67728.174.76$31,780
Sep 20036,58126.314.75$31,256
Aug 20036,64029.765.13$34,061
Jul 20036,69729.415.17$34,629
Jun 20036,87928.565.98$41,157
May 20037,67626.595.97$45,846
Apr 20037,65826.675.41$41,409
Mar 20037,55631.146.10$46,062
Feb 20036,05533.487.93$47,991
Jan 20037,63830.315.58$42,636
Dec 20029,86326.914.85$47,873
Nov 20027,27824.664.14$30,109
Oct 20025,86426.464.23$24,800
Sep 20026,73527.443.64$24,483
Aug 20027,21625.963.16$22,833
Jul 20028,17424.583.06$25,027
Jun 20028,58123.733.34$28,645
May 200210,14524.663.58$36,360
Apr 200210,98223.653.51$38,572
Mar 200211,10522.003.10$34,456
Feb 200210,47718.222.38$24,890
Jan 200214,75817.172.38$35,060
Dec 200117,01116.932.36$40,221
Nov 20019,62718.072.41$23,158
Oct 200117,18519.782.53$43,459
Sep 200118,01724.262.25$40,562
Aug 200120,46024.873.05$62,468
Jul 200117,79723.933.20$56,898
Jun 200120,22424.563.82$77,340
May 200121,66925.524.31$93,335
Apr 200122,62424.685.34$120,706
Mar 200126,82124.545.38$144,202
Feb 200128,83727.755.77$166,305
Jan 200137,34727.478.40$313,668
Dec 200044,77626.889.12$408,469
Nov 200054,87232.215.66$310,466
Oct 200048,19931.235.15$248,008
Sep 2000031.875.19$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.

May 2020 — as filed, then multipliedworked
Gas                  432 Mcf  × $  1.81 =       $784

────────────────────────────────────────────────────
Month total                                     $784

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/179788 is the state's own key, not one this site invented.