CRANFORD, L. H. UNIT

Operated by FAIRWAY RESOURCES OPERATING, LLC (P-5 259788) in the PERRIN RANCH (CONGL. 4890) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 60282District 09Field 70657800NGPA filingCondensateGasSaveExport
Value, all time
$123 k
Jan 1993 – Apr 2012
Value, last 12 filed months
$0
at the published price for each month
Months reported
232
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 2 leases and 2 wells, and the rule below applies to all of them.

Discovered
1965-05-30
as the register files it
Field class
Oil and 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
CondensateDisposition74 bbl$4,489
GasProduction54,927 Mcf$118,292
Total$122,780

22,910 Mcf of this lease's gas, across 47 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 33.0153, -98.1032. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.01529, -98.10321 · 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
4,954 ft
1 wells filed one
Completion to plug
47.1 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 4,954 ft.

Completions filed
Mar 1965
1 of 1 wells
Plug dates filed
Apr 2012
1 of 1 wells

Last completion to plug: a median of 47.1 years across the 1 well that filed both dates, with the middle half between 47.1 years and 47.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2370557414,954 ftMar 1965Apr 2012Yes

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 (232)

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

232 months

Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 200903766.163.90$144
May 200905854.743.93$228
Apr 2009010646.773.59$380
Mar 200903742.144.06$150
Feb 200908832.814.63$408
Jan 200902235.865.37$118
Dec 200801637.105.98$96
Nov 200804455.496.86$302
Oct 200804775.246.92$325
Sep 2008053101.767.88$417
Aug 20080118114.228.48$1,001
Jul 20080118131.0811.39$1,344
Jun 2008010131.3313.03$130
May 200803123.1711.57$35
Apr 2008078110.3110.45$815
Mar 2008020101.909.66$193
Feb 200804092.538.77$351
Jan 200805690.388.21$460
Dec 200706288.337.30$453
Nov 2007012191.677.29$882
Oct 200705682.856.92$388
Sep 200704675.846.24$287
Aug 200703669.066.39$230
Jul 200704270.906.39$268
Jun 200706462.007.55$483
May 200708658.747.85$675
Apr 200705659.617.81$437
Mar 200705256.927.30$380
Feb 200704355.108.22$353
Jan 200705250.306.73$350
Dec 200601056.656.92$69
Nov 20060054.207.62$0
Oct 200605654.906.01$337
Sep 200602860.085.04$141
Aug 200609268.717.34$675
Jul 200604969.376.34$311
Jun 200607266.286.38$460
May 200603666.016.42$231
Apr 200668064.397.36$4,379
Mar 200608656.707.08$609
Feb 200607157.597.75$550
Jan 200605860.598.93$518
Dec 200503654.9413.42$483
Nov 200504254.6910.59$445
Oct 200504658.3413.80$635
Sep 200505661.4512.08$676
Aug 200508661.519.80$843
Jul 200507255.697.84$565
Jun 200508652.337.38$635
May 200505845.226.65$386
Apr 2005010649.207.36$780
Mar 200508850.377.15$630
Feb 200501645.226.31$101
Jan 200503143.166.32$196
Dec 200405139.866.75$344
Nov 200403245.286.33$203
Oct 200402649.706.52$169
Sep 200407643.245.28$402
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 200403034.365.53$166
Feb 200402632.455.51$143
Jan 200404832.036.30$302
Dec 200305230.266.30$328
Nov 200304628.804.60$211
Oct 200305228.174.76$248
Sep 200307126.314.75$337
Aug 200304829.765.13$246
Jul 200303029.415.17$155
Jun 200305628.565.98$335
May 200309626.595.97$573
Apr 200307426.675.41$400
Mar 2003011031.146.10$671
Feb 2003014633.487.93$1,157
Jan 2003016330.315.58$910
Dec 2002021126.914.85$1,024
Nov 2002021024.664.14$869
Oct 200203826.464.23$161
Sep 200203327.443.64$120
Aug 200203125.963.16$98
Jul 2002062324.583.06$1,907
Jun 200201,88823.733.34$6,303
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 2001018619.782.53$470
Sep 200107424.262.25$167
Aug 200102624.873.05$79
Jul 2001016223.933.20$518
Jun 200105824.563.82$222
May 2001120225.524.31$896
Apr 2001028624.685.34$1,526
Mar 2001032624.545.38$1,753
Feb 200104427.755.77$254
Jan 2001026427.478.40$2,217
Dec 2000070326.889.12$6,413
Nov 200001,32332.215.66$7,486
Oct 2000050431.235.15$2,593
Sep 2000048831.875.19$2,531
Aug 2000055629.644.54$2,525
Jul 2000025228.534.09$1,031
Jun 2000042229.304.40$1,856
May 2000037927.263.68$1,395
Apr 2000037524.513.12$1,169
Mar 2000046328.422.86$1,324
Feb 2000046427.622.73$1,265
Jan 2000057825.272.48$1,434
Dec 1999050024.282.42$1,212
Nov 1999055023.192.43$1,339
Oct 1999057420.982.80$1,609
Sep 1999041221.752.62$1,079
Aug 199907619.262.88$219
Jul 1999016617.892.37$394
Jun 1999054015.942.36$1,276
May 1999059515.792.32$1,381
Apr 1999054015.102.21$1,192
Mar 1999062412.471.84$1,147
Feb 199905879.981.82$1,067
Jan 1999020910.381.90$397
Dec 199804279.201.77$757
Nov 1998038510.892.19$842
Oct 1998042912.421.97$845
Sep 1998039612.592.08$825
Aug 1998052211.301.91$996
Jul 1998045511.742.24$1,018
Jun 1998042611.242.24$953
May 1998055512.622.21$1,225
Apr 1998044413.042.51$1,112
Mar 1998048112.802.31$1,111
Feb 1998044613.952.30$1,025
Jan 1998057314.702.15$1,235
Dec 1997060716.322.41$1,464
Nov 1997062918.193.09$1,943
Oct 1997054719.253.15$1,723
Sep 1997054917.742.95$1,622
Aug 1997067517.862.55$1,724
Jul 1997072317.582.25$1,625
Jun 1997073917.242.26$1,668
May 1997021518.972.31$496
Apr 1997031017.882.08$646
Mar 1997045518.951.94$882
Feb 199705620.492.21$124
Jan 1997025023.483.54$885
Dec 1996046123.32$0
Nov 1996053121.97$0
Oct 1996054023.31$0
Sep 1996059922.22$0
Aug 1996063320.26$0
Jul 1996044519.55$0
Jun 1996055518.73$0
May 1996055219.43$0
Apr 1996164721.51$22
Mar 1996023119.38$0
Feb 199605816.98$0
Jan 199609517.07$0
Dec 1995048717.19$0
Nov 1995044216.00$0
Oct 1995023615.43$0
Sep 199503116.18$0
Aug 199503715.92$0
Jul 199504515.24$0
Jun 199504616.41$0
May 199506217.56$0
Apr 199509617.73$0
Mar 1995046916.44$0
Feb 1995047816.58$0
Jan 1995052815.92$0
Dec 1994260515.03$30
Nov 1994062315.90$0
Oct 1994055315.58$0
Sep 1994165315.29$15
Aug 1994054116.13$0
Jul 1994070017.56$0
Jun 1994068417.09$0
May 1994069915.88$0
Apr 1994067914.14$0
Mar 1994092212.46$0
Feb 1994070012.50$0
Jan 1994074012.66$0
Dec 1993076412.33$0
Nov 1993076414.49$0
Oct 1993091315.85$0
Sep 1993076515.03$0
Aug 1993099815.66$0
Jul 199301,01215.46$0
Jun 1993053216.79$0
May 1993138017.68$18
Apr 1993012018.05$0
Mar 1993013218.14$0
Feb 1993012717.90$0
Jan 19930016.93$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.

Jun 2009 — as filed, then multipliedworked
Condensate             0 bbl  × $ 66.16 =         $0
Gas                   37 Mcf  × $  3.90 =       $144

────────────────────────────────────────────────────
Month total                                     $144

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/60282 is the state's own key, not one this site invented.