KENTEX

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

Operated by HENRY PETROLEUM LP (P-5 378642) in the SPRABERRY (TREND AREA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 29355District 08Field 85280300NGPA filingOilCasinghead gasSave Export

Value, all time

$224 k

Jan 1993 – Sep 2001

Value, last 12 filed months

$6 k

at the published price for each month

Months reported

105

no gaps in the span

Streams

oil, casinghead gas

The SPRABERRY (TREND AREA) 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 16,587 leases and 43,997 wells, and the rule below applies to all of them.

Discovered

1952-12-22

as the register files it

Field class

Oil and gas

the register's own label

Between wells

0 ft

minimum

From a lease line

330 ft

minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2018-02-13.

The Commission's schedule remark for this field reads: “SPRABERRY (TREND AREA) FIELD EFFECTIVE 10/1/2019.”

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	12,435 bbl	$217,332
Casinghead gas	Production	8,797 Mcf	$6,514
Total			$223,846

5,931 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 32.1932, -101.7138. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.19321, -101.71385 · 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

8,300 ft

1 wells filed one

Completion to plug

16.8 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 8,300 ft.

Completions filed

Oct 1984

1 of 1 wells

Plug dates filed

Jul 2001

1 of 1 wells

Last completion to plug: a median of 16.8 years across the 1 well that filed both dates, with the middle half between 16.8 years and 16.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-31732982	1	8,300 ft	Oct 1984	Jul 2001	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 (105)

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

105 months


Sep 2001	0	0	24.26	2.25	$0
Aug 2001	0	0	24.87	3.05	$0
Jul 2001	68	0	23.93	3.20	$1,627
Jun 2001	0	0	24.56	3.82	$0
May 2001	0	0	25.52	4.31	$0
Apr 2001	0	0	24.68	5.34	$0
Mar 2001	0	0	24.54	5.38	$0
Feb 2001	0	0	27.75	5.77	$0
Jan 2001	2	0	27.47	8.40	$55
Dec 2000	172	0	26.88	9.12	$4,623
Nov 2000	2	0	32.21	5.66	$64
Oct 2000	0	0	31.23	5.15	$0
Sep 2000	161	0	31.87	5.19	$5,131
Aug 2000	0	0	29.64	4.54	$0
Jul 2000	170	0	28.53	4.09	$4,850
Jun 2000	0	0	29.30	4.40	$0
May 2000	173	0	27.26	3.68	$4,716
Apr 2000	0	0	24.51	3.12	$0
Mar 2000	0	0	28.42	2.86	$0
Feb 2000	0	0	27.62	2.73	$0
Jan 2000	174	0	25.27	2.48	$4,397
Dec 1999	171	0	24.28	2.42	$4,152
Nov 1999	0	0	23.19	2.43	$0
Oct 1999	169	0	20.98	2.80	$3,546
Sep 1999	173	0	21.75	2.62	$3,763
Aug 1999	175	0	19.26	2.88	$3,371
Jul 1999	170	59	17.89	2.37	$3,181
Jun 1999	171	78	15.94	2.36	$2,910
May 1999	0	69	15.79	2.32	$160
Apr 1999	332	57	15.10	2.21	$5,139
Mar 1999	2	74	12.47	1.84	$161
Feb 1999	184	45	9.98	1.82	$1,918
Jan 1999	182	64	10.38	1.90	$2,011
Dec 1998	345	69	9.20	1.77	$3,296
Nov 1998	3	81	10.89	2.19	$210
Oct 1998	539	103	12.42	1.97	$6,897
Sep 1998	169	104	12.59	2.08	$2,344
Aug 1998	2	108	11.30	1.91	$229
Jul 1998	2	110	11.74	2.24	$270
Jun 1998	2	105	11.24	2.24	$257
May 1998	2	112	12.62	2.21	$272
Apr 1998	174	114	13.04	2.51	$2,555
Mar 1998	174	109	12.80	2.31	$2,479
Feb 1998	179	106	13.95	2.30	$2,741
Jan 1998	1	77	14.70	2.15	$181
Dec 1997	167	65	16.32	2.41	$2,882
Nov 1997	158	32	18.19	3.09	$2,973
Oct 1997	182	35	19.25	3.15	$3,614
Sep 1997	2	18	17.74	2.95	$89
Aug 1997	180	61	17.86	2.55	$3,371
Jul 1997	185	135	17.58	2.25	$3,556
Jun 1997	186	157	17.24	2.26	$3,561
May 1997	173	171	18.97	2.31	$3,677
Apr 1997	1	138	17.88	2.08	$305
Mar 1997	339	145	18.95	1.94	$6,705
Feb 1997	1	127	20.49	2.21	$301
Jan 1997	175	138	23.48	3.54	$4,597
Dec 1996	165	144	23.32	—	$3,848
Nov 1996	169	150	21.97	—	$3,713
Oct 1996	156	166	23.31	—	$3,636
Sep 1996	153	147	22.22	—	$3,400
Aug 1996	163	151	20.26	—	$3,302
Jul 1996	156	154	19.55	—	$3,050
Jun 1996	169	144	18.73	—	$3,165
May 1996	144	146	19.43	—	$2,798
Apr 1996	175	146	21.51	—	$3,764
Mar 1996	167	146	19.38	—	$3,236
Feb 1996	171	133	16.98	—	$2,904
Jan 1996	169	128	17.07	—	$2,885
Dec 1995	171	122	17.19	—	$2,939
Nov 1995	173	121	16.00	—	$2,768
Oct 1995	270	158	15.43	—	$4,166
Sep 1995	0	150	16.18	—	$0
Aug 1995	168	155	15.92	—	$2,675
Jul 1995	162	157	15.24	—	$2,469
Jun 1995	168	159	16.41	—	$2,757
May 1995	173	125	17.56	—	$3,038
Apr 1995	166	51	17.73	—	$2,943
Mar 1995	172	147	16.44	—	$2,828
Feb 1995	169	138	16.58	—	$2,802
Jan 1995	171	132	15.92	—	$2,722
Dec 1994	0	138	15.03	—	$0
Nov 1994	339	140	15.90	—	$5,390
Oct 1994	1	154	15.58	—	$16
Sep 1994	167	145	15.29	—	$2,553
Aug 1994	168	141	16.13	—	$2,710
Jul 1994	1	134	17.56	—	$18
Jun 1994	158	129	17.09	—	$2,700
May 1994	173	119	15.88	—	$2,747
Apr 1994	2	113	14.14	—	$28
Mar 1994	175	105	12.46	—	$2,181
Feb 1994	169	90	12.50	—	$2,113
Jan 1994	0	96	12.66	—	$0
Dec 1993	170	98	12.33	—	$2,096
Nov 1993	168	96	14.49	—	$2,434
Oct 1993	1	103	15.85	—	$16
Sep 1993	179	110	15.03	—	$2,690
Aug 1993	2	105	15.66	—	$31
Jul 1993	182	108	15.46	—	$2,814
Jun 1993	1	95	16.79	—	$17
May 1993	173	72	17.68	—	$3,059
Apr 1993	1	1	18.05	—	$18
Mar 1993	117	100	18.14	—	$2,122
Feb 1993	175	83	17.90	—	$3,133
Jan 1993	1	86	16.93	—	$17

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.

Jul 2001 — as filed, then multipliedworked

Oil                   68 bbl  × $ 23.93 =     $1,627
Casinghead gas         0 Mcf  × $  3.20 =         $0

────────────────────────────────────────────────────
Month total                                   $1,627

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/29355 is the state's own key, not one this site invented.