D. C. CRANFORD HEIRS

Operated by OAKRIDGE OIL AND GAS, LP (P-5 617342) 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 234638District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.3 M
Jun 2007 – Dec 2019
Value, last 12 filed months
$4 k
at the published price for each month
Months reported
151
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

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
High Cost Gas112008-06-10182900
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
CondensateDisposition1,733 bbl$136,743
GasProduction210,826 Mcf$1,121,322
Total$1,258,065

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 33.0476, -98.0825. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.04760, -98.08254 · 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
5,858 ft
1 wells filed one
Completion to plug
12.5 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 5,858 ft.

Completions filed
Jun 2007
1 of 1 wells
Plug dates filed
Dec 2019
1 of 1 wells

Last completion to plug: a median of 12.5 years across the 1 well that filed both dates, with the middle half between 12.5 years and 12.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-237390882 H5,858 ftJun 2007Dec 2019Yes

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 (151)

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

151 months

Dec 201929059.012.30$1,711
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 201941050.852.79$2,085
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
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 20160433.011.79$7
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 2015012932.362.00$258
Nov 201501,25238.792.17$2,714
Oct 201502,01443.552.43$4,887
Sep 201502,04142.992.76$5,630
Aug 201502,11040.162.87$6,061
Jul 201502,00848.152.95$5,914
Jun 201502,05056.152.88$5,910
May 201502,21355.212.96$6,540
Apr 20151631,90749.822.71$13,282
Mar 2015085142.892.93$2,497
Feb 201501,11644.662.98$3,321
Jan 201501,10343.433.10$3,420
Dec 201401,21254.693.59$4,353
Nov 2014096370.464.25$4,095
Oct 201401,25278.303.90$4,884
Sep 201401,03686.164.05$4,191
Aug 2014098889.394.04$3,987
Jul 201401,16696.564.18$4,873
Jun 201401,21598.164.74$5,755
May 201401,13494.734.73$5,360
Apr 201401,13595.944.81$5,458
Mar 201401,30995.895.06$6,619
Feb 201401,15797.406.19$7,164
Jan 2014096190.404.86$4,671
Dec 2013911,26391.824.35$13,855
Nov 201301,17288.853.74$4,381
Oct 2013088397.423.78$3,337
Sep 201301,043104.113.72$3,878
Aug 201301,151104.253.52$4,055
Jul 201301,100102.523.72$4,090
Jun 201301,27094.403.93$4,995
May 201301,37894.834.15$5,717
Apr 20131671,49093.964.28$22,072
Mar 201301,27993.623.91$5,005
Feb 201301,28591.233.42$4,395
Jan 201301,33891.603.42$4,576
Dec 201201,08686.773.42$3,714
Nov 201201,41786.953.62$5,137
Oct 2012097889.383.40$3,325
Sep 201201,00894.672.92$2,942
Aug 201211,44992.662.91$4,307
Jul 201201,41085.133.02$4,259
Jun 201201,45279.822.52$3,658
May 201201,48291.612.49$3,688
Apr 201201,536101.652.00$3,067
Mar 201201,446105.052.22$3,213
Feb 201201,457101.102.57$3,745
Jan 201201,75698.092.73$4,801
Dec 20111561,55696.873.24$20,153
Nov 201101,44595.723.31$4,785
Oct 201101,67484.983.65$6,108
Sep 201101,61283.623.99$6,425
Aug 201101,67183.404.15$6,934
Jul 201102,04894.144.52$9,251
Jun 201101,38792.904.64$6,436
May 201101,35498.134.40$5,964
Apr 201101,630105.964.33$7,063
Mar 201109996.364.06$402
Feb 2011097085.644.18$4,055
Jan 201111,01386.504.59$4,735
Dec 201015466885.734.35$16,107
Nov 201001,97180.843.80$7,481
Oct 201001,93578.103.51$6,790
Sep 201001,35172.633.98$5,376
Aug 201002,27073.684.42$10,032
Jul 201002,15372.554.74$10,198
Jun 201001,99670.364.91$9,801
May 201002,30171.124.24$9,745
Apr 201001,78881.694.12$7,371
Mar 20101321,25778.394.39$15,864
Feb 201001,12673.585.44$6,128
Jan 201007474.365.96$441
Dec 2009082471.445.48$4,519
Nov 200901,68074.593.75$6,303
Oct 200902,50372.544.11$10,288
Sep 200902,74265.543.06$8,404
Aug 2009973,17267.423.22$16,749
Jul 200903,21161.133.46$11,125
Jun 200903,06066.163.90$11,919
May 200902,89054.743.93$11,345
Apr 200901,48046.773.59$5,310
Mar 2009853,47842.144.06$17,699
Feb 200902,71032.814.63$12,555
Jan 200913,12235.865.37$16,804
Dec 20081082,60037.105.98$19,547
Nov 200804,57355.496.86$31,372
Oct 200805,09775.246.92$35,281
Sep 200802,231101.767.88$17,574
Aug 200801,872114.228.48$15,880
Jul 20081472,886131.0811.39$52,139
Jun 200812,867131.3313.03$37,496
May 200814,000123.1711.57$46,420
Apr 200803,369110.3110.45$35,222
Mar 200803,115101.909.66$30,104
Feb 200803,23492.538.77$28,364
Jan 20081645,10290.388.21$56,688
Dec 200707,14088.337.30$52,136
Nov 200711,41291.677.29$10,388
Oct 200704,41082.856.92$30,526
Sep 200716,61175.846.24$41,356
Aug 20071918,97369.066.39$70,509
Jul 2007111,65870.906.39$74,542
Jun 20070062.007.55$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 2019 — as filed, then multipliedworked
Condensate            29 bbl  × $ 59.01 =     $1,711
Gas                    0 Mcf  × $  2.30 =         $0

────────────────────────────────────────────────────
Month total                                   $1,711

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/234638 is the state's own key, not one this site invented.