CONRAD TRUST

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

Operated by DINERO OPERATING COMPANY (P-5 220711) in the GARTNER (PENN. REEF) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 33410District 08Field 34062500OilCasinghead gasSave Export

Value, all time

$3.9 M

Jan 1993 – Jun 2013

Value, last 12 filed months

$25 k

at the published price for each month

Months reported

246

no gaps in the span

Streams

oil, casinghead gas

The GARTNER (PENN. REEF) 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 4 leases and 5 wells, and the rule below applies to all of them.

Discovered

1960-04-23

as the register files it

Field class

Oil

the register's own label

Between wells

1,320 ft

minimum

From a lease line

660 ft

minimum

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

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	155,898 bbl	$3,655,822
Casinghead gas	Production	171,500 Mcf	$253,392
Total			$3,909,214

108,133 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 32.5169, -101.2001. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.51689, -101.20010 · 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

7,325 ft

1 wells filed one

Completion to plug

21.0 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 7,325 ft.

Completions filed

Mar 1992

1 of 1 wells

Plug dates filed

Mar 2013

1 of 1 wells

Last completion to plug: a median of 21.0 years across the 1 well that filed both dates, with the middle half between 21.0 years and 21.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-22734666	1	7,325 ft	Mar 1992	Mar 2013	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 (246)

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

246 months


Jun 2013	0	0	94.40	3.93	$0
May 2013	0	0	94.83	4.15	$0
Apr 2013	0	0	93.96	4.28	$0
Mar 2013	271	0	93.62	3.91	$25,371
Feb 2013	0	0	91.23	3.42	$0
Jan 2013	0	0	91.60	3.42	$0
Dec 2012	0	0	86.77	3.42	$0
Nov 2012	0	0	86.95	3.62	$0
Oct 2012	0	0	89.38	3.40	$0
Sep 2012	0	0	94.67	2.92	$0
Aug 2012	0	0	92.66	2.91	$0
Jul 2012	0	0	85.13	3.02	$0
Jun 2012	0	0	79.82	2.52	$0
May 2012	0	0	91.61	2.49	$0
Apr 2012	0	0	101.65	2.00	$0
Mar 2012	0	0	105.05	2.22	$0
Feb 2012	0	0	101.10	2.57	$0
Jan 2012	0	0	98.09	2.73	$0
Dec 2011	0	0	96.87	3.24	$0
Nov 2011	0	0	95.72	3.31	$0
Oct 2011	173	29	84.98	3.65	$14,807
Sep 2011	0	47	83.62	3.99	$187
Aug 2011	1	37	83.40	4.15	$237
Jul 2011	190	66	94.14	4.52	$18,185
Jun 2011	1	86	92.90	4.64	$492
May 2011	174	106	98.13	4.40	$17,542
Apr 2011	0	127	105.96	4.33	$550
Mar 2011	193	140	96.36	4.06	$19,166
Feb 2011	168	127	85.64	4.18	$14,918
Jan 2011	178	187	86.50	4.59	$16,255
Dec 2010	178	227	85.73	4.35	$16,247
Nov 2010	182	258	80.84	3.80	$15,692
Oct 2010	351	270	78.10	3.51	$28,361
Sep 2010	0	168	72.63	3.98	$669
Aug 2010	179	197	73.68	4.42	$14,059
Jul 2010	358	280	72.55	4.74	$27,299
Jun 2010	179	262	70.36	4.91	$13,881
May 2010	174	294	71.12	4.24	$13,620
Apr 2010	357	229	81.69	4.12	$30,107
Mar 2010	181	140	78.39	4.39	$14,803
Feb 2010	183	149	73.58	5.44	$14,276
Jan 2010	176	253	74.36	5.96	$14,596
Dec 2009	178	265	71.44	5.48	$14,170
Nov 2009	182	264	74.59	3.75	$14,566
Oct 2009	361	294	72.54	4.11	$27,395
Sep 2009	183	76	65.54	3.06	$12,227
Aug 2009	356	263	67.42	3.22	$24,848
Jul 2009	180	296	61.13	3.46	$12,029
Jun 2009	179	263	66.16	3.90	$12,867
May 2009	168	242	54.74	3.93	$10,146
Apr 2009	178	127	46.77	3.59	$8,781
Mar 2009	182	213	42.14	4.06	$8,534
Feb 2009	193	207	32.81	4.63	$7,291
Jan 2009	186	162	35.86	5.37	$7,540
Dec 2008	186	164	37.10	5.98	$7,881
Nov 2008	181	273	55.49	6.86	$11,917
Oct 2008	182	309	75.24	6.92	$15,833
Sep 2008	355	260	101.76	7.88	$38,173
Aug 2008	181	253	114.22	8.48	$22,820
Jul 2008	358	272	131.08	11.39	$50,025
Jun 2008	182	252	131.33	13.03	$27,186
May 2008	179	257	123.17	11.57	$25,022
Apr 2008	185	237	110.31	10.45	$22,885
Mar 2008	172	226	101.90	9.66	$19,711
Feb 2008	171	246	92.53	8.77	$17,980
Jan 2008	361	255	90.38	8.21	$34,720
Dec 2007	0	100	88.33	7.30	$730
Nov 2007	183	101	91.67	7.29	$17,512
Oct 2007	184	237	82.85	6.92	$16,885
Sep 2007	364	175	75.84	6.24	$28,698
Aug 2007	0	216	69.06	6.39	$1,380
Jul 2007	182	176	70.90	6.39	$14,028
Jun 2007	367	144	62.00	7.55	$23,841
May 2007	181	152	58.74	7.85	$11,825
Apr 2007	360	253	59.61	7.81	$23,434
Mar 2007	0	217	56.92	7.30	$1,585
Feb 2007	365	206	55.10	8.22	$21,804
Jan 2007	180	204	50.30	6.73	$10,426
Dec 2006	0	121	56.65	6.92	$837
Nov 2006	0	0	54.20	7.62	$0
Oct 2006	365	239	54.90	6.01	$21,476
Sep 2006	180	235	60.08	5.04	$11,998
Aug 2006	179	247	68.71	7.34	$14,112
Jul 2006	343	259	69.37	6.34	$25,437
Jun 2006	179	253	66.28	6.38	$13,479
May 2006	183	264	66.01	6.42	$13,776
Apr 2006	354	250	64.39	7.36	$24,634
Mar 2006	183	255	56.70	7.08	$12,182
Feb 2006	187	233	57.59	7.75	$12,575
Jan 2006	183	210	60.59	8.93	$12,964
Dec 2005	549	212	54.94	13.42	$33,006
Nov 2005	0	241	54.69	10.59	$2,552
Oct 2005	182	122	58.34	13.80	$12,301
Sep 2005	366	129	61.45	12.08	$24,049
Aug 2005	182	211	61.51	9.80	$13,262
Jul 2005	182	258	55.69	7.84	$12,159
Jun 2005	361	228	52.33	7.38	$20,574
May 2005	183	176	45.22	6.65	$9,446
Apr 2005	182	208	49.20	7.36	$10,485
Mar 2005	182	243	50.37	7.15	$10,906
Feb 2005	172	211	45.22	6.31	$9,110
Jan 2005	368	232	43.16	6.32	$17,350
Dec 2004	183	218	39.86	6.75	$8,766
Nov 2004	182	20	45.28	6.33	$8,368
Oct 2004	182	39	49.70	6.52	$9,299
Sep 2004	181	203	43.24	5.28	$8,899
Aug 2004	180	78	42.37	5.55	$8,060
Jul 2004	175	220	38.28	6.08	$8,038
Jun 2004	182	158	36.10	6.43	$7,587
May 2004	358	191	37.48	6.49	$14,658
Apr 2004	182	240	34.47	5.86	$7,680
Mar 2004	187	191	34.36	5.53	$7,482
Feb 2004	184	212	32.45	5.51	$7,139
Jan 2004	356	177	32.03	6.30	$12,518
Dec 2003	0	194	30.26	6.30	$1,223
Nov 2003	359	165	28.80	4.60	$11,097
Oct 2003	0	154	28.17	4.76	$733
Sep 2003	0	3	26.31	4.75	$14
Aug 2003	0	23	29.76	5.13	$118
Jul 2003	175	55	29.41	5.17	$5,431
Jun 2003	177	28	28.56	5.98	$5,223
May 2003	0	26	26.59	5.97	$155
Apr 2003	170	29	26.67	5.41	$4,691
Mar 2003	0	2	31.14	6.10	$12
Feb 2003	200	6	33.48	7.93	$6,744
Jan 2003	0	7	30.31	5.58	$39
Dec 2002	203	4	26.91	4.85	$5,482
Nov 2002	0	4	24.66	4.14	$17
Oct 2002	159	5	26.46	4.23	$4,228
Sep 2002	0	1	27.44	3.64	$4
Aug 2002	0	4	25.96	3.16	$13
Jul 2002	0	0	24.58	3.06	$0
Jun 2002	0	33	23.73	3.34	$110
May 2002	168	36	24.66	3.58	$4,272
Apr 2002	401	151	23.65	3.51	$10,014
Mar 2002	201	235	22.00	3.10	$5,151
Feb 2002	344	234	18.22	2.38	$6,824
Jan 2002	379	281	17.17	2.38	$7,175
Dec 2001	601	270	16.93	2.36	$10,813
Nov 2001	198	336	18.07	2.41	$4,386
Oct 2001	301	310	19.78	2.53	$6,738
Sep 2001	393	507	24.26	2.25	$10,676
Aug 2001	400	605	24.87	3.05	$11,795
Jul 2001	393	537	23.93	3.20	$11,121
Jun 2001	574	585	24.56	3.82	$16,335
May 2001	548	615	25.52	4.31	$16,634
Apr 2001	193	590	24.68	5.34	$7,911
Mar 2001	596	506	24.54	5.38	$17,346
Feb 2001	197	404	27.75	5.77	$7,797
Jan 2001	386	105	27.47	8.40	$11,485
Dec 2000	406	491	26.88	9.12	$15,392
Nov 2000	603	512	32.21	5.66	$22,320
Oct 2000	199	602	31.23	5.15	$9,312
Sep 2000	588	660	31.87	5.19	$22,163
Aug 2000	389	662	29.64	4.54	$14,536
Jul 2000	582	413	28.53	4.09	$18,294
Jun 2000	398	770	29.30	4.40	$15,047
May 2000	589	695	27.26	3.68	$18,614
Apr 2000	549	646	24.51	3.12	$15,469
Mar 2000	374	695	28.42	2.86	$12,617
Feb 2000	592	647	27.62	2.73	$18,115
Jan 2000	399	724	25.27	2.48	$11,879
Dec 1999	599	745	24.28	2.42	$16,349
Nov 1999	584	750	23.19	2.43	$15,368
Oct 1999	387	762	20.98	2.80	$10,256
Sep 1999	756	781	21.75	2.62	$18,488
Aug 1999	767	777	19.26	2.88	$17,007
Jul 1999	586	817	17.89	2.37	$12,422
Jun 1999	592	794	15.94	2.36	$11,312
May 1999	591	791	15.79	2.32	$11,168
Apr 1999	779	989	15.10	2.21	$13,947
Mar 1999	797	966	12.47	1.84	$11,714
Feb 1999	595	837	9.98	1.82	$7,460
Jan 1999	406	625	10.38	1.90	$5,402
Dec 1998	1,009	853	9.20	1.77	$10,795
Nov 1998	773	885	10.89	2.19	$10,352
Oct 1998	977	881	12.42	1.97	$13,869
Sep 1998	559	630	12.59	2.08	$8,350
Aug 1998	778	575	11.30	1.91	$9,888
Jul 1998	780	647	11.74	2.24	$10,605
Jun 1998	946	964	11.24	2.24	$12,790
May 1998	748	771	12.62	2.21	$11,141
Apr 1998	972	893	13.04	2.51	$14,912
Mar 1998	981	775	12.80	2.31	$14,347
Feb 1998	990	646	13.95	2.30	$15,296
Jan 1998	948	829	14.70	2.15	$15,722
Dec 1997	978	741	16.32	2.41	$17,748
Nov 1997	788	1,182	18.19	3.09	$17,984
Oct 1997	1,374	1,963	19.25	3.15	$32,633
Sep 1997	780	832	17.74	2.95	$16,296
Aug 1997	1,316	1,000	17.86	2.55	$26,059
Jul 1997	1,337	1,205	17.58	2.25	$26,212
Jun 1997	1,324	474	17.24	2.26	$23,896
May 1997	1,367	452	18.97	2.31	$26,975
Apr 1997	792	769	17.88	2.08	$15,763
Mar 1997	1,180	830	18.95	1.94	$23,970
Feb 1997	1,017	774	20.49	2.21	$22,546
Jan 1997	1,105	1,075	23.48	3.54	$29,751
Dec 1996	1,164	1,249	23.32	—	$27,144
Nov 1996	958	1,385	21.97	—	$21,047
Oct 1996	1,135	1,413	23.31	—	$26,457
Sep 1996	1,175	1,434	22.22	—	$26,109
Aug 1996	1,154	1,593	20.26	—	$23,380
Jul 1996	1,282	1,465	19.55	—	$25,063
Jun 1996	1,171	1,465	18.73	—	$21,933
May 1996	1,178	1,385	19.43	—	$22,889
Apr 1996	984	1,385	21.51	—	$21,166
Mar 1996	1,337	1,397	19.38	—	$25,911
Feb 1996	1,228	1,286	16.98	—	$20,851
Jan 1996	1,196	1,285	17.07	—	$20,416
Dec 1995	1,155	1,269	17.19	—	$19,854
Nov 1995	1,327	1,242	16.00	—	$21,232
Oct 1995	1,325	1,751	15.43	—	$20,445
Sep 1995	1,932	2,690	16.18	—	$31,260
Aug 1995	367	315	15.92	—	$5,843
Jul 1995	1,946	2,207	15.24	—	$29,657
Jun 1995	1,760	2,184	16.41	—	$28,882
May 1995	2,314	2,505	17.56	—	$40,634
Apr 1995	2,148	2,595	17.73	—	$38,084
Mar 1995	1,931	2,598	16.44	—	$31,746
Feb 1995	1,939	2,144	16.58	—	$32,149
Jan 1995	2,130	2,326	15.92	—	$33,910
Dec 1994	2,337	2,477	15.03	—	$35,125
Nov 1994	1,917	2,254	15.90	—	$30,480
Oct 1994	2,075	2,776	15.58	—	$32,329
Sep 1994	1,912	2,369	15.29	—	$29,234
Aug 1994	2,300	2,662	16.13	—	$37,099
Jul 1994	2,248	2,707	17.56	—	$39,475
Jun 1994	1,715	2,656	17.09	—	$29,309
May 1994	2,542	2,693	15.88	—	$40,367
Apr 1994	2,209	2,619	14.14	—	$31,235
Mar 1994	2,307	2,713	12.46	—	$28,745
Feb 1994	2,248	2,408	12.50	—	$28,100
Jan 1994	2,290	2,668	12.66	—	$28,991
Dec 1993	2,690	2,809	12.33	—	$33,168
Nov 1993	2,477	2,597	14.49	—	$35,892
Oct 1993	2,299	2,943	15.85	—	$36,439
Sep 1993	2,688	3,041	15.03	—	$40,401
Aug 1993	3,040	3,427	15.66	—	$47,606
Jul 1993	2,667	2,926	15.46	—	$41,232
Jun 1993	2,635	3,397	16.79	—	$44,242
May 1993	2,834	3,418	17.68	—	$50,105
Apr 1993	2,508	3,175	18.05	—	$45,269
Mar 1993	2,692	3,074	18.14	—	$48,833
Feb 1993	2,303	2,796	17.90	—	$41,224
Jan 1993	2,878	2,960	16.93	—	$48,725

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.

Mar 2013 — as filed, then multipliedworked

Oil                  271 bbl  × $ 93.62 =    $25,371
Casinghead gas         0 Mcf  × $  3.91 =         $0

────────────────────────────────────────────────────
Month total                                  $25,371

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/33410 is the state's own key, not one this site invented.