KENNEDY

Operated by EAGLE OIL & GAS CO. (P-5 238634) in the BOONSVILLE (BEND CONGL., GAS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 109002District 09Field 10574520NGPA filingCondensateGasSaveExport
Value, all time
$385 k
Jan 1993 – May 2003
Value, last 12 filed months
$532
at the published price for each month
Months reported
125
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 3,438 leases and 3,443 wells, and the rule below applies to all of them.

Discovered
1945-05-01
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 1991-06-10.

The Commission's schedule remark for this field reads: AMOUNT HAD BEEN CALCULATED FOR 5/1/97.

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.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA2none

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.

StreamBasisVolumeValue
CondensateDisposition166 bbl$3,416
GasProduction180,006 Mcf$381,950
Total$385,366

64,813 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 33.1007, -97.9108. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.10067, -97.91078 · 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
5,866 ft
1 wells filed one
Completion to plug
19.5 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 5,866 ft.

Completions filed
Nov 1983
1 of 1 wells
Plug dates filed
May 2003
1 of 1 wells

Last completion to plug: a median of 19.5 years across the 1 well that filed both dates, with the middle half between 19.5 years and 19.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4973266915,866 ftNov 1983May 2003Yes

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 (125)

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

125 months

May 200320026.595.97$532
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 2001145019.782.53$2,868
Sep 2001029324.262.25$660
Aug 2001080424.873.05$2,455
Jul 200101,73723.933.20$5,553
Jun 200102,44824.563.82$9,362
May 200102,54925.524.31$10,979
Apr 200102,57524.685.34$13,738
Mar 200102,47024.545.38$13,280
Feb 200102,45427.755.77$14,152
Jan 200102,64327.478.40$22,198
Dec 200002,52026.889.12$22,989
Nov 200002,45332.215.66$13,879
Oct 200003,15331.235.15$16,224
Sep 200003,15431.875.19$16,358
Aug 200003,13429.644.54$14,231
Jul 200002,59728.534.09$10,621
Jun 200002,46529.304.40$10,839
May 200002,43327.263.68$8,953
Apr 200002,40624.513.12$7,497
Mar 200002,37528.422.86$6,792
Feb 200001,87827.622.73$5,120
Jan 200002,20625.272.48$5,472
Dec 199902,10324.282.42$5,097
Nov 199902,07223.192.43$5,043
Oct 199902,18120.982.80$6,115
Sep 199902,08221.752.62$5,452
Aug 199902,02519.262.88$5,823
Jul 199902,06517.892.37$4,899
Jun 199902,32715.942.36$5,497
May 199902,81915.792.32$6,543
Apr 199902,62615.102.21$5,798
Mar 199902,42712.471.84$4,462
Feb 199902,0979.981.82$3,812
Jan 199901,97710.381.90$3,756
Dec 199802,6559.201.77$4,708
Nov 199802,36310.892.19$5,165
Oct 199803,19112.421.97$6,284
Sep 199802,90212.592.08$6,044
Aug 199802,25011.301.91$4,292
Jul 199802,44411.742.24$5,468
Jun 199802,48211.242.24$5,553
May 199802,58812.622.21$5,710
Apr 199802,59813.042.51$6,509
Mar 199802,76112.802.31$6,376
Feb 199802,42313.952.30$5,571
Jan 199802,08414.702.15$4,491
Dec 199701,17016.322.41$2,821
Nov 199702318.193.09$71
Oct 1997043119.253.15$1,358
Sep 1997089117.742.95$2,633
Aug 1997085717.862.55$2,189
Jul 1997086417.582.25$1,941
Jun 1997086417.242.26$1,950
May 1997086318.972.31$1,992
Apr 1997074217.882.08$1,545
Mar 1997078418.951.94$1,520
Feb 1997067420.492.21$1,487
Jan 1997074123.483.54$2,623
Dec 1996072823.32$0
Nov 1996078521.97$0
Oct 1996092923.31$0
Sep 199601,66922.22$0
Aug 199601,68820.26$0
Jul 199601,76019.55$0
Jun 1996085018.73$0
May 199601,47719.43$0
Apr 199601,47621.51$0
Mar 199601,50319.38$0
Feb 199601,39116.98$0
Jan 199601,32417.07$0
Dec 199501,32317.19$0
Nov 199501,36316.00$0
Oct 199501,11715.43$0
Sep 199501,20316.18$0
Aug 199501,50115.92$0
Jul 199501,42715.24$0
Jun 199501,40616.41$0
May 199501,44617.56$0
Apr 199501,23117.73$0
Mar 199501,38216.44$0
Feb 199501,23816.58$0
Jan 199501,33115.92$0
Dec 199401,08015.03$0
Nov 199401,21515.90$0
Oct 1994070115.58$0
Sep 1994084515.29$0
Aug 199411,00316.13$16
Jul 199401,09717.56$0
Jun 199401,00317.09$0
May 199401,67015.88$0
Apr 199401,62714.14$0
Mar 199401,63312.46$0
Feb 199401,41912.50$0
Jan 199402,12012.66$0
Dec 199301,67012.33$0
Nov 199301,80014.49$0
Oct 199301,81715.85$0
Sep 199301,12115.03$0
Aug 199301,55815.66$0
Jul 199302,09915.46$0
Jun 199301,11816.79$0
May 1993079617.68$0
Apr 1993086918.05$0
Mar 199301,40918.14$0
Feb 199301,55017.90$0
Jan 199302,04516.93$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.

May 2003 — as filed, then multipliedworked
Condensate            20 bbl  × $ 26.59 =       $532
Gas                    0 Mcf  × $  5.97 =         $0

────────────────────────────────────────────────────
Month total                                     $532

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. 09/G/109002 is the state's own key, not one this site invented.