TEXACO "17"

Name: TEXACO "17" lease production and value, Feb 2005 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by CAIRD OPERATING, LLC (P-5 123132) in the ROJO CABALLOS, SOUTH (DEVONIAN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 214414District 08Field 779564002 tax incentive programmesCondensateGasSave Export

Value, all time

$1.5 M

Feb 2005 – Aug 2015

Value, last 12 filed months

$7 k

at the published price for each month

Months reported

127

no gaps in the span

Streams

condensate, gas

The ROJO CABALLOS, SOUTH (DEVONIAN) 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 22 leases and 22 wells, and the rule below applies to all of them.

Discovered

1975-08-20

as the register files it

Field class

Gas

the register's own label

Between wells

2,640 ft

minimum

From a lease line

990 ft

minimum

A drilling unit in this field needs at least 320 acres. The field rule took effect on 1978-09-11.

The Commission's schedule remark for this field reads: “PER OPERATOR REQUEST (CHEVRON U. S. A. INC.)”

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	2006-03-20	167737
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	15 bbl	$1,156
Gas	Production	216,856 Mcf	$1,497,452
Total			$1,498,607

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 31.1429, -103.3500. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.14288, -103.34996 · 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

0.0%

0 of 1 wells

Median depth

10,478 ft

1 wells filed one

Completion to plug

—

no well filed both dates

What the state filed about each well

On the RRC proration schedule

1100.0%

A plug date is filed

00.0%

BothOn the schedule and plugged. Neither fact cancels the other.

00.0%

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 10,478 ft.

Completions filed

Aug 2015

1 of 1 wells

1 well


42-38932303	2	10,478 ft	Aug 2015	—	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 (127)

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

127 months


Aug 2015	0	0	40.16	2.87	$0
Jul 2015	0	0	48.15	2.95	$0
Jun 2015	0	0	56.15	2.88	$0
May 2015	0	0	55.21	2.96	$0
Apr 2015	0	0	49.82	2.71	$0
Mar 2015	0	0	42.89	2.93	$0
Feb 2015	0	478	44.66	2.98	$1,423
Jan 2015	0	0	43.43	3.10	$0
Dec 2014	0	544	54.69	3.59	$1,954
Nov 2014	0	223	70.46	4.25	$948
Oct 2014	0	321	78.30	3.90	$1,252
Sep 2014	0	304	86.16	4.05	$1,230
Aug 2014	0	323	89.39	4.04	$1,303
Jul 2014	0	325	96.56	4.18	$1,358
Jun 2014	0	399	98.16	4.74	$1,890
May 2014	0	706	94.73	4.73	$3,337
Apr 2014	0	351	95.94	4.81	$1,688
Mar 2014	0	429	95.89	5.06	$2,169
Feb 2014	0	174	97.40	6.19	$1,077
Jan 2014	0	319	90.40	4.86	$1,551
Dec 2013	0	550	91.82	4.35	$2,395
Nov 2013	0	531	88.85	3.74	$1,985
Oct 2013	0	223	97.42	3.78	$843
Sep 2013	0	277	104.11	3.72	$1,030
Aug 2013	0	714	104.25	3.52	$2,515
Jul 2013	0	245	102.52	3.72	$911
Jun 2013	0	188	94.40	3.93	$739
May 2013	0	262	94.83	4.15	$1,087
Apr 2013	0	256	93.96	4.28	$1,096
Mar 2013	0	387	93.62	3.91	$1,514
Feb 2013	0	376	91.23	3.42	$1,286
Jan 2013	0	365	91.60	3.42	$1,248
Dec 2012	0	531	86.77	3.42	$1,816
Nov 2012	0	547	86.95	3.62	$1,983
Oct 2012	0	645	89.38	3.40	$2,193
Sep 2012	0	693	94.67	2.92	$2,022
Aug 2012	0	690	92.66	2.91	$2,007
Jul 2012	0	484	85.13	3.02	$1,462
Jun 2012	0	715	79.82	2.52	$1,801
May 2012	0	648	91.61	2.49	$1,612
Apr 2012	0	664	101.65	2.00	$1,326
Mar 2012	0	461	105.05	2.22	$1,024
Feb 2012	0	523	101.10	2.57	$1,344
Jan 2012	0	890	98.09	2.73	$2,433
Dec 2011	0	562	96.87	3.24	$1,821
Nov 2011	0	783	95.72	3.31	$2,593
Oct 2011	0	886	84.98	3.65	$3,233
Sep 2011	0	896	83.62	3.99	$3,571
Aug 2011	0	878	83.40	4.15	$3,643
Jul 2011	0	795	94.14	4.52	$3,591
Jun 2011	0	938	92.90	4.64	$4,352
May 2011	0	983	98.13	4.40	$4,330
Apr 2011	0	774	105.96	4.33	$3,354
Mar 2011	0	834	96.36	4.06	$3,384
Feb 2011	0	930	85.64	4.18	$3,887
Jan 2011	0	969	86.50	4.59	$4,447
Dec 2010	0	895	85.73	4.35	$3,891
Nov 2010	0	1,080	80.84	3.80	$4,099
Oct 2010	0	1,067	78.10	3.51	$3,744
Sep 2010	0	1,297	72.63	3.98	$5,161
Aug 2010	0	913	73.68	4.42	$4,035
Jul 2010	0	1,243	72.55	4.74	$5,887
Jun 2010	0	1,206	70.36	4.91	$5,922
May 2010	0	1,057	71.12	4.24	$4,477
Apr 2010	0	1,186	81.69	4.12	$4,890
Mar 2010	0	1,197	78.39	4.39	$5,253
Feb 2010	0	1,126	73.58	5.44	$6,128
Jan 2010	0	1,343	74.36	5.96	$8,010
Dec 2009	0	1,180	71.44	5.48	$6,471
Nov 2009	0	1,191	74.59	3.75	$4,468
Oct 2009	0	1,415	72.54	4.11	$5,816
Sep 2009	0	1,426	65.54	3.06	$4,370
Aug 2009	0	1,494	67.42	3.22	$4,808
Jul 2009	0	1,327	61.13	3.46	$4,597
Jun 2009	4	1,226	66.16	3.90	$5,040
May 2009	0	1,411	54.74	3.93	$5,539
Apr 2009	0	1,418	46.77	3.59	$5,087
Mar 2009	0	1,484	42.14	4.06	$6,024
Feb 2009	3	1,416	32.81	4.63	$6,659
Jan 2009	0	1,433	35.86	5.37	$7,697
Dec 2008	0	1,381	37.10	5.98	$8,254
Nov 2008	0	1,451	55.49	6.86	$9,954
Oct 2008	0	1,585	75.24	6.92	$10,971
Sep 2008	0	1,477	101.76	7.88	$11,634
Aug 2008	0	1,716	114.22	8.48	$14,557
Jul 2008	0	1,779	131.08	11.39	$20,262
Jun 2008	1	1,546	131.33	13.03	$20,280
May 2008	0	1,764	123.17	11.57	$20,417
Apr 2008	1	1,725	110.31	10.45	$18,145
Mar 2008	0	2,002	101.90	9.66	$19,347
Feb 2008	1	1,875	92.53	8.77	$16,537
Jan 2008	0	2,064	90.38	8.21	$16,937
Dec 2007	0	2,094	88.33	7.30	$15,290
Nov 2007	5	2,021	91.67	7.29	$15,195
Oct 2007	0	2,200	82.85	6.92	$15,228
Sep 2007	0	2,158	75.84	6.24	$13,475
Aug 2007	0	2,206	69.06	6.39	$14,092
Jul 2007	0	2,329	70.90	6.39	$14,878
Jun 2007	0	2,412	62.00	7.55	$18,207
May 2007	0	2,913	58.74	7.85	$22,856
Apr 2007	0	2,737	59.61	7.81	$21,363
Mar 2007	0	3,334	56.92	7.30	$24,345
Feb 2007	0	3,313	55.10	8.22	$27,220
Jan 2007	0	3,306	50.30	6.73	$22,239
Dec 2006	0	3,731	56.65	6.92	$25,813
Nov 2006	0	5,510	54.20	7.62	$41,972
Oct 2006	0	0	54.90	6.01	$0
Sep 2006	0	1,382	60.08	5.04	$6,961
Aug 2006	0	4,673	68.71	7.34	$34,299
Jul 2006	0	2,902	69.37	6.34	$18,407
Jun 2006	0	3,076	66.28	6.38	$19,637
May 2006	0	2,785	66.01	6.42	$17,894
Apr 2006	0	3,123	64.39	7.36	$22,987
Mar 2006	0	1,914	56.70	7.08	$13,557
Feb 2006	0	2,798	57.59	7.75	$21,688
Jan 2006	0	4,878	60.59	8.93	$43,577
Dec 2005	0	2,807	54.94	13.42	$37,657
Nov 2005	0	4,263	54.69	10.59	$45,138
Oct 2005	0	3,301	58.34	13.80	$45,540
Sep 2005	0	4,672	61.45	12.08	$56,433
Aug 2005	0	3,995	61.51	9.80	$39,138
Jul 2005	0	5,015	55.69	7.84	$39,336
Jun 2005	0	7,757	52.33	7.38	$57,255
May 2005	0	11,166	45.22	6.65	$74,267
Apr 2005	0	0	49.20	7.36	$0
Mar 2005	0	17,893	50.37	7.15	$128,022
Feb 2005	0	10,807	45.22	6.31	$68,213

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 2015 — as filed, then multipliedworked

Condensate             0 bbl  × $ 44.66 =         $0
Gas                  478 Mcf  × $  2.98 =     $1,423

────────────────────────────────────────────────────
Month total                                   $1,423

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/214414 is the state's own key, not one this site invented.