GRANT

Operated by RAYDEN (P-5 695567) in the PECOS VALLEY (MCKEE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 20582District 08Field 70129696CondensateGasSaveExport
Value, all time
$702 k
Jan 1993 – Oct 2009
Value, last 12 filed months
$121
at the published price for each month
Months reported
202
no gaps in the span
Streams
2
condensate, 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 16 leases and 16 wells, and the rule below applies to all of them.

Discovered
1951-03-29
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,867 ft
minimum
From a lease line
933 ft
minimum

A drilling unit in this field needs at least 160 acres.

The Commission's schedule remark for this field reads: MERIDIAN OIL COMPANY REQUEST

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
CondensateDisposition96 bbl$1,639
GasProduction260,327 Mcf$700,745
Total$702,384

64,080 Mcf of this lease's gas, across 39 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 31.1368, -102.8177. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.13682, -102.81767 · 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
8,254 ft
1 wells filed one
Completion to plug
52.8 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 8,254 ft.

Completions filed
Jan 1957
1 of 1 wells
Plug dates filed
Oct 2009
1 of 1 wells

Last completion to plug: a median of 52.8 years across the 1 well that filed both dates, with the middle half between 52.8 years and 52.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3710564918,254 ftJan 1957Oct 2009Yes

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 (202)

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

202 months

Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090532.814.63$23
Jan 20090535.865.37$27
Dec 20080537.105.98$30
Nov 20080655.496.86$41
Oct 20080775.246.92$48
Sep 200809101.767.88$71
Aug 200808114.228.48$68
Jul 200809131.0811.39$103
Jun 200809131.3313.03$117
May 200809123.1711.57$104
Apr 2008015110.3110.45$157
Mar 2008020101.909.66$193
Feb 200801992.538.77$167
Jan 200805390.388.21$435
Dec 200702688.337.30$190
Nov 200702091.677.29$146
Oct 200705182.856.92$353
Sep 2007018875.846.24$1,174
Aug 2007023369.066.39$1,488
Jul 2007028970.906.39$1,846
Jun 2007037362.007.55$2,816
May 2007030958.747.85$2,425
Apr 2007037559.617.81$2,927
Mar 2007075256.927.30$5,491
Feb 2007013355.108.22$1,093
Jan 2007018950.306.73$1,271
Dec 2006022256.656.92$1,536
Nov 2006025054.207.62$1,904
Oct 2006022054.906.01$1,323
Sep 2006022660.085.04$1,138
Aug 2006023968.717.34$1,754
Jul 2006024569.376.34$1,554
Jun 2006024266.286.38$1,545
May 2006028566.016.42$1,831
Apr 2006026864.397.36$1,973
Mar 2006028756.707.08$2,033
Feb 2006028857.597.75$2,232
Jan 2006037660.598.93$3,359
Dec 2005032454.9413.42$4,347
Nov 2005036554.6910.59$3,865
Oct 2005046558.3413.80$6,415
Sep 2005047961.4512.08$5,786
Aug 2005054961.519.80$5,378
Jul 2005031855.697.84$2,494
Jun 2005033952.337.38$2,502
May 2005043145.226.65$2,867
Apr 2005051349.207.36$3,776
Mar 2005033550.377.15$2,397
Feb 2005015345.226.31$966
Jan 2005055343.166.32$3,496
Dec 2004057139.866.75$3,855
Nov 2004064245.286.33$4,064
Oct 2004071849.706.52$4,678
Sep 2004075343.245.28$3,979
Aug 2004079242.375.55$4,396
Jul 2004085238.286.08$5,184
Jun 2004087436.106.43$5,622
May 200401,05937.486.49$6,878
Apr 2004068034.475.86$3,984
Mar 200401,14634.365.53$6,338
Feb 200401,41032.455.51$7,769
Jan 200401,79932.036.30$11,333
Dec 200301,83730.266.30$11,576
Nov 200302,72828.804.60$12,536
Oct 200303,80528.174.76$18,110
Sep 200304,27126.314.75$20,285
Aug 200304,76029.765.13$24,417
Jul 200305,08829.415.17$26,309
Jun 200305,27928.565.98$31,584
May 200306,01826.595.97$35,944
Apr 200301,00626.675.41$5,440
Mar 2003026331.146.10$1,603
Feb 2003013733.487.93$1,086
Jan 2003013830.315.58$770
Dec 200208726.914.85$422
Nov 20020124.664.14$4
Oct 200206626.464.23$279
Sep 200207127.443.64$258
Aug 200206125.963.16$193
Jul 200205224.583.06$159
Jun 200203923.733.34$130
May 200205624.663.58$201
Apr 200201023.653.51$35
Mar 200202122.003.10$65
Feb 200202518.222.38$59
Jan 200203617.172.38$86
Dec 200101816.932.36$43
Nov 200104118.072.41$99
Oct 200104019.782.53$101
Sep 200103124.262.25$70
Aug 200104924.873.05$150
Jul 200101923.933.20$61
Jun 200102824.563.82$107
May 20010225.524.31$9
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 200101327.478.40$109
Dec 200001026.889.12$91
Nov 20000032.215.66$0
Oct 2000097831.235.15$5,032
Sep 200002,13831.875.19$11,089
Aug 200002,66829.644.54$12,115
Jul 200001,58928.534.09$6,499
Jun 200001,06129.304.40$4,665
May 200001,97227.263.68$7,256
Apr 200001,50724.513.12$4,696
Mar 200001,76228.422.86$5,039
Feb 200001,75727.622.73$4,790
Jan 200002,05125.272.48$5,088
Dec 199902,24324.282.42$5,436
Nov 199902,10223.192.43$5,116
Oct 199902,04420.982.80$5,731
Sep 199902,13621.752.62$5,594
Aug 199902,03419.262.88$5,849
Jul 199902,97017.892.37$7,046
Jun 199902,48215.942.36$5,863
May 199903,59615.792.32$8,346
Apr 199903,23815.102.21$7,150
Mar 199902,55212.471.84$4,691
Feb 199901,9739.981.82$3,587
Jan 199902,44210.381.90$4,640
Dec 199802,7009.201.77$4,788
Nov 199802,18910.892.19$4,785
Oct 199802,66312.421.97$5,244
Sep 199803,05812.592.08$6,369
Aug 199803,06211.301.91$5,840
Jul 199804,06211.742.24$9,088
Jun 199803,39511.242.24$7,596
May 199802,97412.622.21$6,562
Apr 199803,95613.042.51$9,911
Mar 199803,47212.802.31$8,018
Feb 199803,10413.952.30$7,137
Jan 199803,71914.702.15$8,014
Dec 199703,87916.322.41$9,353
Nov 199703,98318.193.09$12,301
Oct 199703,19319.253.15$10,057
Sep 199703,60617.742.95$10,655
Aug 199704,70217.862.55$12,012
Jul 199704,73517.582.25$10,639
Jun 199704,76017.242.26$10,744
May 199704,97918.972.31$11,494
Apr 199704,11317.882.08$8,566
Mar 199704,81218.951.94$9,331
Feb 199704,42220.492.21$9,754
Jan 199704,92323.483.54$17,426
Dec 199604,57623.32$0
Nov 199604,55121.97$0
Oct 199605,07323.31$0
Sep 199605,09722.22$0
Aug 199605,56620.26$0
Jul 199605,44619.55$0
Jun 199605,68818.73$0
May 199605,67619.43$0
Apr 199605,28721.51$0
Mar 199603,74719.38$0
Feb 19960016.98$0
Jan 199696017.07$1,639
Dec 19950017.19$0
Nov 19950016.00$0
Oct 19950015.43$0
Sep 19950016.18$0
Aug 19950015.92$0
Jul 19950015.24$0
Jun 19950016.41$0
May 199501217.56$0
Apr 19950617.73$0
Mar 19950116.44$0
Feb 19950216.58$0
Jan 19950415.92$0
Dec 199405315.03$0
Nov 1994019015.90$0
Oct 199405015.58$0
Sep 199408915.29$0
Aug 1994020616.13$0
Jul 1994021817.56$0
Jun 1994025517.09$0
May 1994028715.88$0
Apr 1994039914.14$0
Mar 1994028612.46$0
Feb 1994015312.50$0
Jan 1994010112.66$0
Dec 1993013112.33$0
Nov 1993018114.49$0
Oct 1993043315.85$0
Sep 1993067615.03$0
Aug 1993078915.66$0
Jul 199301,16815.46$0
Jun 199301,12216.79$0
May 199301,23817.68$0
Apr 199301,20618.05$0
Mar 199301,30218.14$0
Feb 199301,30117.90$0
Jan 199301,51416.93$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.

Feb 2009 — as filed, then multipliedworked
Condensate             0 bbl  × $ 32.81 =         $0
Gas                    5 Mcf  × $  4.63 =        $23

────────────────────────────────────────────────────
Month total                                      $23

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/20582 is the state's own key, not one this site invented.