DANSBY

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.

Oil lease lease 31051District 09Field 65280200OilCasinghead gasSaveExport
Value, all time
$785 k
Mar 2008 – Apr 2019
Value, last 12 filed months
$0
at the published price for each month
Months reported
134
no gaps in the span
Streams
2
oil, casinghead 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
OilDisposition4,505 bbl$339,992
Casinghead gasProduction84,590 Mcf$445,490
Total$785,482

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 33.6830, -97.9941. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.68297, -97.99407 · 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
7,012 ft
1 wells filed one
Completion to plug
6.8 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 7,012 ft.

Completions filed
Jan 2008
1 of 1 wells
Plug dates filed
Nov 2014
1 of 1 wells

Last completion to plug: a median of 6.8 years across the 1 well that filed both dates, with the middle half between 6.8 years and 6.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-0773176517,012 ftJan 2008Nov 2014Yes

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 (134)

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

134 months

Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
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 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 20157056.152.88$393
May 201510055.212.96$552
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 2013114094.834.15$10,811
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 2013015091.603.42$513
Dec 2012017686.773.42$602
Nov 201217468086.953.62$17,594
Oct 201201,01589.383.40$3,451
Sep 2012091194.672.92$2,659
Aug 201201,15992.662.91$3,371
Jul 201201,51985.133.02$4,589
Jun 20121721,42579.822.52$17,319
May 201201,42391.612.49$3,541
Apr 2012170758101.652.00$18,794
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 201102,12895.723.31$7,046
Oct 201101,75184.983.65$6,389
Sep 2011067783.623.99$2,698
Aug 20111691,38383.404.15$19,833
Jul 201101,47194.144.52$6,645
Jun 201101,29092.904.64$5,985
May 20111741,31098.134.40$22,845
Apr 20111536105.964.33$2,429
Mar 20111811,49396.364.06$23,499
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 201001,25585.734.35$5,456
Nov 201011,18080.843.80$4,559
Oct 20101801,39778.103.51$18,960
Sep 201011,00072.633.98$4,052
Aug 201018095273.684.42$17,470
Jul 201016624972.554.74$13,223
Jun 2010169070.364.91$11,891
May 20100071.124.24$0
Apr 201002481.694.12$99
Mar 201001,47078.394.39$6,451
Feb 2010063973.585.44$3,478
Jan 2010015474.365.96$918
Dec 2009051271.445.48$2,808
Nov 200901,91374.593.75$7,177
Oct 20091733,88472.544.11$28,514
Sep 200903,94865.543.06$12,100
Aug 20091673,79867.423.22$23,483
Jul 200904,88361.133.46$16,917
Jun 20093435,71166.163.90$44,937
May 20091713,49154.743.93$23,065
Apr 20093703,58246.773.59$30,155
Mar 20091732,83242.144.06$18,785
Feb 20093551,15332.814.63$16,989
Jan 200917450235.865.37$8,936
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 200801,08175.246.92$7,483
Sep 200802,167101.767.88$17,070
Aug 20081772,634114.228.48$42,561
Jul 200803,311131.0811.39$37,710
Jun 200803,699131.3313.03$48,208
May 20083594,671123.1711.57$98,282
Apr 20081741,243110.3110.45$32,189
Mar 200800101.909.66$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 2015 — as filed, then multipliedworked
Oil                    7 bbl  × $ 56.15 =       $393
Casinghead gas         0 Mcf  × $  2.88 =         $0

────────────────────────────────────────────────────
Month total                                     $393

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/O/31051 is the state's own key, not one this site invented.