NANCE

Name: NANCE lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by JM COX RESOURCES, L.P. (P-5 433075) in the SULPHUR DRAW (DEAN 8790) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 28769District 08Field 87073333Hydrogen sulphide fieldNGPA filingOilCasinghead gasSave Export

Value, all time

$1.4 M

Jan 1993 – Apr 2008

Value, last 12 filed months

$8 k

at the published price for each month

Months reported

184

no gaps in the span

Streams

oil, casinghead gas

The SULPHUR DRAW (DEAN 8790) 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 122 leases and 183 wells, and the rule below applies to all of them.

Discovered

1966-05-18

as the register files it

Field class

Oil

the register's own label

Between wells

933 ft

minimum

From a lease line

660 ft

minimum

A drilling unit in this field needs at least 80 acres.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: “OPTIONAL 80 ACRE, DIAG. 3250”

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
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
Oil	Disposition	47,010 bbl	$1,228,665
Casinghead gas	Production	57,414 Mcf	$146,637
Total			$1,375,302

26,201 Mcf of this lease's gas, across 48 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 32.4178, -101.8926. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.41779, -101.89260 · 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

9,100 ft

1 wells filed one

Completion to plug

24.0 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 9,100 ft.

Completions filed

Mar 1984

1 of 1 wells

Plug dates filed

Mar 2008

1 of 1 wells

Last completion to plug: a median of 24.0 years across the 1 well that filed both dates, with the middle half between 24.0 years and 24.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-31732866	1	9,100 ft	Mar 1984	Mar 2008	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 (184)

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

184 months


Apr 2008	0	0	110.31	10.45	$0
Mar 2008	0	0	101.90	9.66	$0
Feb 2008	36	0	92.53	8.77	$3,331
Jan 2008	0	0	90.38	8.21	$0
Dec 2007	0	0	88.33	7.30	$0
Nov 2007	0	91	91.67	7.29	$664
Oct 2007	0	91	82.85	6.92	$630
Sep 2007	0	91	75.84	6.24	$568
Aug 2007	0	91	69.06	6.39	$581
Jul 2007	0	91	70.90	6.39	$581
Jun 2007	0	91	62.00	7.55	$687
May 2007	0	91	58.74	7.85	$714
Apr 2007	0	91	59.61	7.81	$710
Mar 2007	0	91	56.92	7.30	$664
Feb 2007	0	91	55.10	8.22	$748
Jan 2007	169	158	50.30	6.73	$9,564
Dec 2006	341	229	56.65	6.92	$20,902
Nov 2006	172	209	54.20	7.62	$10,914
Oct 2006	338	272	54.90	6.01	$20,192
Sep 2006	169	260	60.08	5.04	$11,463
Aug 2006	350	275	68.71	7.34	$26,067
Jul 2006	345	269	69.37	6.34	$25,639
Jun 2006	172	229	66.28	6.38	$12,862
May 2006	343	261	66.01	6.42	$24,318
Apr 2006	168	194	64.39	7.36	$12,245
Mar 2006	167	244	56.70	7.08	$11,197
Feb 2006	176	236	57.59	7.75	$11,965
Jan 2006	337	247	60.59	8.93	$22,625
Dec 2005	171	301	54.94	13.42	$13,433
Nov 2005	334	315	54.69	10.59	$21,602
Oct 2005	336	309	58.34	13.80	$23,865
Sep 2005	168	252	61.45	12.08	$13,368
Aug 2005	345	325	61.51	9.80	$24,405
Jul 2005	164	328	55.69	7.84	$11,706
Jun 2005	331	314	52.33	7.38	$19,639
May 2005	168	334	45.22	6.65	$9,818
Apr 2005	344	329	49.20	7.36	$19,346
Mar 2005	169	322	50.37	7.15	$10,816
Feb 2005	338	306	45.22	6.31	$17,216
Jan 2005	176	348	43.16	6.32	$9,796
Dec 2004	336	327	39.86	6.75	$15,601
Nov 2004	349	379	45.28	6.33	$18,202
Oct 2004	339	272	49.70	6.52	$18,620
Sep 2004	0	155	43.24	5.28	$819
Aug 2004	183	229	42.37	5.55	$9,025
Jul 2004	184	185	38.28	6.08	$8,169
Jun 2004	182	304	36.10	6.43	$8,526
May 2004	362	297	37.48	6.49	$15,497
Apr 2004	171	219	34.47	5.86	$7,177
Mar 2004	358	289	34.36	5.53	$13,899
Feb 2004	184	306	32.45	5.51	$7,657
Jan 2004	181	273	32.03	6.30	$7,517
Dec 2003	366	310	30.26	6.30	$13,029
Nov 2003	180	282	28.80	4.60	$6,480
Oct 2003	358	250	28.17	4.76	$11,275
Sep 2003	352	240	26.31	4.75	$10,401
Aug 2003	179	220	29.76	5.13	$6,456
Jul 2003	173	315	29.41	5.17	$6,717
Jun 2003	344	320	28.56	5.98	$11,739
May 2003	170	195	26.59	5.97	$5,685
Apr 2003	362	193	26.67	5.41	$10,698
Mar 2003	167	173	31.14	6.10	$6,255
Feb 2003	348	195	33.48	7.93	$13,197
Jan 2003	182	185	30.31	5.58	$6,549
Dec 2002	358	161	26.91	4.85	$10,415
Nov 2002	356	174	24.66	4.14	$9,499
Oct 2002	350	260	26.46	4.23	$10,361
Sep 2002	177	187	27.44	3.64	$5,537
Aug 2002	179	176	25.96	3.16	$5,204
Jul 2002	352	209	24.58	3.06	$9,292
Jun 2002	174	226	23.73	3.34	$4,883
May 2002	169	194	24.66	3.58	$4,863
Apr 2002	354	257	23.65	3.51	$9,275
Mar 2002	174	288	22.00	3.10	$4,722
Feb 2002	349	262	18.22	2.38	$6,981
Jan 2002	343	186	17.17	2.38	$6,331
Dec 2001	175	106	16.93	2.36	$3,213
Nov 2001	515	120	18.07	2.41	$9,595
Oct 2001	0	88	19.78	2.53	$223
Sep 2001	348	107	24.26	2.25	$8,683
Aug 2001	177	98	24.87	3.05	$4,701
Jul 2001	349	102	23.93	3.20	$8,678
Jun 2001	169	101	24.56	3.82	$4,537
May 2001	343	110	25.52	4.31	$9,227
Apr 2001	341	109	24.68	5.34	$8,997
Mar 2001	172	95	24.54	5.38	$4,732
Feb 2001	345	93	27.75	5.77	$10,110
Jan 2001	352	98	27.47	8.40	$10,493
Dec 2000	164	102	26.88	9.12	$5,339
Nov 2000	399	93	32.21	5.66	$13,378
Oct 2000	177	109	31.23	5.15	$6,089
Sep 2000	339	106	31.87	5.19	$11,354
Aug 2000	170	173	29.64	4.54	$5,824
Jul 2000	346	235	28.53	4.09	$10,832
Jun 2000	342	130	29.30	4.40	$10,592
May 2000	173	199	27.26	3.68	$5,448
Apr 2000	346	330	24.51	3.12	$9,509
Mar 2000	344	336	28.42	2.86	$10,737
Feb 2000	173	313	27.62	2.73	$5,632
Jan 2000	344	330	25.27	2.48	$9,511
Dec 1999	343	350	24.28	2.42	$9,176
Nov 1999	169	270	23.19	2.43	$4,576
Oct 1999	345	322	20.98	2.80	$8,141
Sep 1999	346	331	21.75	2.62	$8,392
Aug 1999	176	329	19.26	2.88	$4,336
Jul 1999	348	141	17.89	2.37	$6,560
Jun 1999	502	120	15.94	2.36	$8,285
May 1999	0	144	15.79	2.32	$334
Apr 1999	347	148	15.10	2.21	$5,566
Mar 1999	342	219	12.47	1.84	$4,667
Feb 1999	174	320	9.98	1.82	$2,318
Jan 1999	515	286	10.38	1.90	$5,889
Dec 1998	340	312	9.20	1.77	$3,681
Nov 1998	171	329	10.89	2.19	$2,581
Oct 1998	335	397	12.42	1.97	$4,942
Sep 1998	178	265	12.59	2.08	$2,793
Aug 1998	374	352	11.30	1.91	$4,898
Jul 1998	180	344	11.74	2.24	$2,883
Jun 1998	351	284	11.24	2.24	$4,581
May 1998	182	292	12.62	2.21	$2,941
Apr 1998	388	312	13.04	2.51	$5,841
Mar 1998	197	324	12.80	2.31	$3,270
Feb 1998	384	313	13.95	2.30	$6,076
Jan 1998	200	300	14.70	2.15	$3,586
Dec 1997	372	340	16.32	2.41	$6,891
Nov 1997	194	333	18.19	3.09	$4,557
Oct 1997	392	360	19.25	3.15	$8,680
Sep 1997	373	365	17.74	2.95	$7,696
Aug 1997	183	350	17.86	2.55	$4,163
Jul 1997	379	379	17.58	2.25	$7,514
Jun 1997	196	255	17.24	2.26	$3,955
May 1997	395	394	18.97	2.31	$8,403
Apr 1997	200	349	17.88	2.08	$4,303
Mar 1997	392	399	18.95	1.94	$8,202
Feb 1997	186	364	20.49	2.21	$4,614
Jan 1997	202	369	23.48	3.54	$6,049
Dec 1996	395	398	23.32	—	$9,211
Nov 1996	201	399	21.97	—	$4,416
Oct 1996	377	463	23.31	—	$8,788
Sep 1996	391	485	22.22	—	$8,688
Aug 1996	194	640	20.26	—	$3,930
Jul 1996	381	618	19.55	—	$7,449
Jun 1996	193	662	18.73	—	$3,615
May 1996	357	584	19.43	—	$6,937
Apr 1996	188	683	21.51	—	$4,044
Mar 1996	369	704	19.38	—	$7,151
Feb 1996	190	688	16.98	—	$3,226
Jan 1996	371	725	17.07	—	$6,333
Dec 1995	389	740	17.19	—	$6,687
Nov 1995	185	762	16.00	—	$2,960
Oct 1995	563	831	15.43	—	$8,687
Sep 1995	188	757	16.18	—	$3,042
Aug 1995	367	744	15.92	—	$5,843
Jul 1995	200	594	15.24	—	$3,048
Jun 1995	197	751	16.41	—	$3,233
May 1995	557	896	17.56	—	$9,781
Apr 1995	202	463	17.73	—	$3,581
Mar 1995	369	448	16.44	—	$6,066
Feb 1995	195	448	16.58	—	$3,233
Jan 1995	381	471	15.92	—	$6,066
Dec 1994	184	491	15.03	—	$2,766
Nov 1994	369	503	15.90	—	$5,867
Oct 1994	185	518	15.58	—	$2,882
Sep 1994	374	494	15.29	—	$5,718
Aug 1994	179	529	16.13	—	$2,887
Jul 1994	392	544	17.56	—	$6,884
Jun 1994	359	412	17.09	—	$6,135
May 1994	194	476	15.88	—	$3,081
Apr 1994	371	460	14.14	—	$5,246
Mar 1994	377	463	12.46	—	$4,697
Feb 1994	204	408	12.50	—	$2,550
Jan 1994	376	450	12.66	—	$4,760
Dec 1993	190	464	12.33	—	$2,343
Nov 1993	375	500	14.49	—	$5,434
Oct 1993	200	495	15.85	—	$3,170
Sep 1993	386	471	15.03	—	$5,802
Aug 1993	198	459	15.66	—	$3,101
Jul 1993	370	478	15.46	—	$5,720
Jun 1993	187	456	16.79	—	$3,140
May 1993	367	442	17.68	—	$6,489
Apr 1993	361	408	18.05	—	$6,516
Mar 1993	190	421	18.14	—	$3,447
Feb 1993	405	439	17.90	—	$7,250
Jan 1993	191	466	16.93	—	$3,234

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 2008 — as filed, then multipliedworked

Oil                   36 bbl  × $ 92.53 =     $3,331
Casinghead gas         0 Mcf  × $  8.77 =         $0

────────────────────────────────────────────────────
Month total                                   $3,331

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/O/28769 is the state's own key, not one this site invented.