DIAMOND MUNCASTER

Operated by CANAN OPERATING, INC. (P-5 128979) in the NEWARK, EAST (BARNETT SHALE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 198080District 09Field 65280200CondensateGasSaveExport
Value, all time
$1.3 M
Aug 2003 – Mar 2017
Value, last 12 filed months
$2 k
at the published price for each month
Months reported
164
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 21,881 leases and 22,468 wells, and the rule below applies to all of them.

Discovered
1981-10-15
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 20 acres. The field rule took effect on 2009-09-29.

The Commission's schedule remark for this field reads: DESIGNATED AS UFT FIELD PER DOCKET 01-0299858

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
CondensateDisposition9,734 bbl$397,329
GasProduction139,819 Mcf$857,924
Total$1,255,253

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 33.4232, -97.4113. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.42318, -97.41128 · 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
8,750 ft
1 wells filed one
Completion to plug
12.2 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 8,750 ft.

Completions filed
Aug 2003
1 of 1 wells
Plug dates filed
Oct 2015
1 of 1 wells

Last completion to plug: a median of 12.2 years across the 1 well that filed both dates, with the middle half between 12.2 years and 12.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-497351851KR8,750 ftAug 2003Oct 2015Yes

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 (164)

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

164 months

Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 201647048.763.72$2,292
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 201505642.892.93$164
Feb 201501944.662.98$57
Jan 20150043.433.10$0
Dec 20141736054.693.59$9,677
Nov 2014031370.464.25$1,331
Oct 2014033378.303.90$1,299
Sep 2014043286.164.05$1,748
Aug 2014047389.394.04$1,909
Jul 2014047896.564.18$1,998
Jun 2014041398.164.74$1,956
May 2014046794.734.73$2,207
Apr 2014060595.944.81$2,910
Mar 2014031795.895.06$1,603
Feb 2014037697.406.19$2,328
Jan 2014043190.404.86$2,095
Dec 2013030191.824.35$1,311
Nov 2013057988.853.74$2,164
Oct 2013066497.423.78$2,510
Sep 20130573104.113.72$2,130
Aug 20130616104.253.52$2,170
Jul 20130467102.523.72$1,736
Jun 2013078094.403.93$3,068
May 201317480594.834.15$19,840
Apr 2013037393.964.28$1,597
Mar 2013079593.623.91$3,111
Feb 2013068091.233.42$2,326
Jan 2013078191.603.42$2,671
Dec 2012069786.773.42$2,384
Nov 2012052986.953.62$1,918
Oct 2012052289.383.40$1,775
Sep 2012065394.672.92$1,906
Aug 2012060092.662.91$1,745
Jul 2012063485.133.02$1,915
Jun 2012062979.822.52$1,584
May 2012058991.612.49$1,466
Apr 20120533101.652.00$1,064
Mar 20120780105.052.22$1,733
Feb 20120690101.102.57$1,773
Jan 2012061198.092.73$1,671
Dec 2011067596.873.24$2,187
Nov 2011066995.723.31$2,215
Oct 2011063084.983.65$2,299
Sep 2011060383.623.99$2,403
Aug 2011045183.404.15$1,871
Jul 2011057794.144.52$2,606
Jun 201116877092.904.64$19,180
May 2011069898.134.40$3,075
Apr 20114673105.964.33$3,340
Mar 2011020496.364.06$828
Feb 2011013385.644.18$556
Jan 2011020686.504.59$945
Dec 2010022885.734.35$991
Nov 2010027180.843.80$1,029
Oct 2010025078.103.51$877
Sep 2010220772.633.98$969
Aug 2010032573.684.42$1,436
Jul 2010022772.554.74$1,075
Jun 2010030870.364.91$1,512
May 2010041071.124.24$1,736
Apr 2010037081.694.12$1,525
Mar 2010038578.394.39$1,690
Feb 2010033573.585.44$1,823
Jan 2010052174.365.96$3,107
Dec 2009036571.445.48$2,002
Nov 2009058774.593.75$2,202
Oct 2009038472.544.11$1,578
Sep 2009055065.543.06$1,686
Aug 2009047467.423.22$1,526
Jul 2009051961.133.46$1,798
Jun 2009042866.163.90$1,667
May 200901,11554.743.93$4,377
Apr 2009080946.773.59$2,902
Mar 2009031642.144.06$1,283
Feb 2009047532.814.63$2,201
Jan 2009052335.865.37$2,809
Dec 200819049637.105.98$10,014
Nov 2008053655.496.86$3,677
Oct 2008052475.246.92$3,627
Sep 20080535101.767.88$4,214
Aug 20080495114.228.48$4,199
Jul 20080579131.0811.39$6,594
Jun 20080712131.3313.03$9,279
May 20080843123.1711.57$9,757
Apr 20080731110.3110.45$7,643
Mar 20080842101.909.66$8,137
Feb 2008086492.538.77$7,578
Jan 2008068490.388.21$5,613
Dec 2007071888.337.30$5,243
Nov 2007076091.677.29$5,542
Oct 2007088982.856.92$6,154
Sep 2007078475.846.24$4,895
Aug 2007075269.066.39$4,804
Jul 2007083970.906.39$5,359
Jun 2007071962.007.55$5,427
May 2007086458.747.85$6,779
Apr 2007089759.617.81$7,001
Mar 2007084756.927.30$6,185
Feb 200718385355.108.22$17,092
Jan 2007090950.306.73$6,115
Dec 2006092256.656.92$6,379
Nov 2006095854.207.62$7,298
Oct 2006095154.906.01$5,719
Sep 20061761,01860.085.04$15,702
Aug 20061731,23168.717.34$20,922
Jul 200601,45669.376.34$9,235
Jun 20061661,17666.286.38$18,510
May 2006094866.016.42$6,091
Apr 2006031564.397.36$2,319
Mar 2006041356.707.08$2,925
Feb 2006040557.597.75$3,139
Jan 2006035660.598.93$3,180
Dec 200501,13554.9413.42$15,226
Nov 20051781,34154.6910.59$23,934
Oct 200501,58758.3413.80$21,894
Sep 200501,64761.4512.08$19,894
Aug 20051771,90761.519.80$29,570
Jul 200502,13355.697.84$16,730
Jun 20051952,16952.337.38$26,214
May 20051652,31045.226.65$22,825
Apr 20051422,21449.207.36$23,283
Mar 20051522,35850.377.15$24,527
Feb 200502,11545.226.31$13,350
Jan 20053412,35343.166.32$29,594
Dec 20041752,49939.866.75$23,846
Nov 200402,34845.286.33$14,864
Oct 20043722,83549.706.52$36,959
Sep 20041792,87843.245.28$22,947
Aug 20041683,26642.375.55$25,247
Jul 20045084,41738.286.08$46,320
Jun 20043404,79236.106.43$43,101
May 20044383,41037.486.49$38,563
Apr 20043392,36034.475.86$25,511
Mar 20043442,40934.365.53$25,142
Feb 20045123,23532.455.51$34,438
Jan 20046804,44732.036.30$49,795
Dec 20031,0654,87130.266.30$62,922
Nov 20031,8088,61428.804.60$91,653
Oct 200302328.174.76$109
Sep 20030026.314.75$0
Aug 20030029.765.13$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.

Dec 2016 — as filed, then multipliedworked
Condensate            47 bbl  × $ 48.76 =     $2,292
Gas                    0 Mcf  × $  3.72 =         $0

────────────────────────────────────────────────────
Month total                                   $2,292

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/198080 is the state's own key, not one this site invented.