CRANFORD

Operated by DYNAMIC PRODUCTION, INC. (P-5 237926) in the CRANFORD (CONGL.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 120061District 09Field 21540250NGPA filingCondensateGasSaveExport
Value, all time
$65 k
Jan 1993 – Oct 2004
Value, last 12 filed months
$804
at the published price for each month
Months reported
142
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 1 leases and 1 wells, and the rule below applies to all of them.

Discovered
1987-09-21
as the register files it
Field class
Gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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
NGPA1none

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
CondensateDisposition35 bbl$1,202
GasProduction21,418 Mcf$63,705
Total$64,906

1,293 Mcf of this lease's gas, across 30 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 33.0595, -98.0380. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.05949, -98.03805 · 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
5,462 ft
1 wells filed one
Completion to plug
18.8 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 5,462 ft.

Completions filed
Oct 1985
1 of 1 wells
Plug dates filed
Jul 2004
1 of 1 wells

Last completion to plug: a median of 18.8 years across the 1 well that filed both dates, with the middle half between 18.8 years and 18.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2373683915,462 ftOct 1985Jul 2004Yes

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 (142)

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

142 months

Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 200421038.286.08$804
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
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 20020327.443.64$11
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020123.733.34$3
May 20020124.663.58$4
Apr 2002017423.653.51$611
Mar 200201722.003.10$53
Feb 2002030918.222.38$734
Jan 2002018817.172.38$447
Dec 2001018016.932.36$426
Nov 2001035018.072.41$842
Oct 2001039719.782.53$1,004
Sep 2001037824.262.25$851
Aug 2001042424.873.05$1,295
Jul 2001029923.933.20$956
Jun 2001040324.563.82$1,541
May 2001018425.524.31$793
Apr 2001019624.685.34$1,046
Mar 2001040324.545.38$2,167
Feb 2001037627.755.77$2,168
Jan 2001037027.478.40$3,108
Dec 2000039926.889.12$3,640
Nov 2000042332.215.66$2,393
Oct 2000046531.235.15$2,393
Sep 2000047031.875.19$2,438
Aug 2000045929.644.54$2,084
Jul 2000045828.534.09$1,873
Jun 2000043229.304.40$1,900
May 2000046227.263.68$1,700
Apr 2000045224.513.12$1,408
Mar 20001441828.422.86$1,593
Feb 2000042327.622.73$1,153
Jan 2000043625.272.48$1,082
Dec 1999049024.282.42$1,188
Nov 1999051323.192.43$1,249
Oct 1999054120.982.80$1,517
Sep 1999054121.752.62$1,417
Aug 1999055519.262.88$1,596
Jul 1999056817.892.37$1,348
Jun 1999054715.942.36$1,292
May 1999059215.792.32$1,374
Apr 1999019315.102.21$426
Mar 1999067612.471.84$1,243
Feb 199906609.981.82$1,200
Jan 199901,28110.381.90$2,434
Dec 199804899.201.77$867
Nov 1998072310.892.19$1,580
Oct 19980012.421.97$0
Sep 199801,00512.592.08$2,093
Aug 1998068611.301.91$1,308
Jul 1998011511.742.24$257
Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 19980013.042.51$0
Mar 19980012.802.31$0
Feb 19980013.952.30$0
Jan 19980014.702.15$0
Dec 19970016.322.41$0
Nov 19970018.193.09$0
Oct 19970019.253.15$0
Sep 19970017.742.95$0
Aug 19970017.862.55$0
Jul 19970017.582.25$0
Jun 19970017.242.26$0
May 19970018.972.31$0
Apr 19970017.882.08$0
Mar 19970018.951.94$0
Feb 19970020.492.21$0
Jan 19970023.483.54$0
Dec 19960023.32$0
Nov 19960021.97$0
Oct 19960023.31$0
Sep 19960022.22$0
Aug 19960020.26$0
Jul 19960019.55$0
Jun 19960018.73$0
May 19960019.43$0
Apr 19960021.51$0
Mar 19960019.38$0
Feb 19960016.98$0
Jan 19960017.07$0
Dec 19950017.19$0
Nov 19950016.00$0
Oct 19950015.43$0
Sep 19950016.18$0
Aug 19950015.92$0
Jul 19950015.24$0
Jun 19950916.41$0
May 19950917.56$0
Apr 199503417.73$0
Mar 199503316.44$0
Feb 199503116.58$0
Jan 199502415.92$0
Dec 199403415.03$0
Nov 199404415.90$0
Oct 199404615.58$0
Sep 199403915.29$0
Aug 199404316.13$0
Jul 199405017.56$0
Jun 199405917.09$0
May 199404515.88$0
Apr 19940514.14$0
Mar 199401512.46$0
Feb 199402612.50$0
Jan 199404612.66$0
Dec 199305612.33$0
Nov 199307214.49$0
Oct 199306915.85$0
Sep 199305815.03$0
Aug 199304815.66$0
Jul 199305015.46$0
Jun 199307216.79$0
May 199306517.68$0
Apr 199306118.05$0
Mar 199305718.14$0
Feb 199303817.90$0
Jan 199305516.93$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.

Jul 2004 — as filed, then multipliedworked
Condensate            21 bbl  × $ 38.28 =       $804
Gas                    0 Mcf  × $  6.08 =         $0

────────────────────────────────────────────────────
Month total                                     $804

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/120061 is the state's own key, not one this site invented.