CRAIG -A-

Operated by COURSON OIL & GAS, INC. (P-5 182785) in the CRAIG RANCH (MORROW) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 140846District 10Field 21458500CondensateGasSaveExport
Value, all time
$258 k
Jan 1993 – Sep 2012
Value, last 12 filed months
$2 k
at the published price for each month
Months reported
237
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 22 leases and 22 wells, and the rule below applies to all of them.

Discovered
1983-03-29
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

The Commission's schedule remark for this field reads: ALLOCATION FORMULA SUSPENDED EFF. 5/1/93

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
CondensateDisposition245 bbl$4,520
GasProduction111,905 Mcf$253,702
Total$258,222

45,740 Mcf of this lease's gas, across 48 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 36.4335, -101.7706. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.43354, -101.77061 · 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
6,820 ft
1 wells filed one
Completion to plug
20.6 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 6,820 ft.

Completions filed
Feb 1992
1 of 1 wells
Plug dates filed
Sep 2012
1 of 1 wells

Last completion to plug: a median of 20.6 years across the 1 well that filed both dates, with the middle half between 20.6 years and 20.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4213053111026,820 ftFeb 1992Sep 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 (237)

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

237 months

Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 201220079.822.52$1,596
May 20120091.612.49$0
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 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 200702359.617.81$180
Mar 2007031456.927.30$2,293
Feb 2007021355.108.22$1,750
Jan 2007031150.306.73$2,092
Dec 2006028456.656.92$1,965
Nov 2006029454.207.62$2,240
Oct 2006031254.906.01$1,876
Sep 2006031460.085.04$1,582
Aug 2006031268.717.34$2,290
Jul 2006031669.376.34$2,004
Jun 2006031266.286.38$1,992
May 2006032266.016.42$2,069
Apr 2006030964.397.36$2,274
Mar 2006033756.707.08$2,387
Feb 2006029957.597.75$2,318
Jan 2006033660.598.93$3,002
Dec 2005030854.9413.42$4,132
Nov 2005029954.6910.59$3,166
Oct 2005030258.3413.80$4,166
Sep 2005029961.4512.08$3,612
Aug 2005031361.519.80$3,066
Jul 2005031955.697.84$2,502
Jun 2005031152.337.38$2,296
May 2005033845.226.65$2,248
Apr 2005033849.207.36$2,488
Mar 2005028350.377.15$2,025
Feb 2005020745.226.31$1,307
Jan 2005028543.166.32$1,802
Dec 2004032239.866.75$2,174
Nov 2004031645.286.33$2,000
Oct 2004032649.706.52$2,124
Sep 2004031643.245.28$1,670
Aug 2004033742.375.55$1,871
Jul 2004034438.286.08$2,093
Jun 2004034136.106.43$2,194
May 2004036037.486.49$2,338
Apr 2004032334.475.86$1,892
Mar 2004034634.365.53$1,913
Feb 2004033932.455.51$1,868
Jan 2004035232.036.30$2,217
Dec 2003035930.266.30$2,262
Nov 2003035428.804.60$1,627
Oct 2003036228.174.76$1,723
Sep 2003035126.314.75$1,667
Aug 2003037529.765.13$1,924
Jul 2003038229.415.17$1,975
Jun 2003037428.565.98$2,238
May 2003038626.595.97$2,305
Apr 2003036726.675.41$1,984
Mar 2003034131.146.10$2,079
Feb 2003032433.487.93$2,568
Jan 2003035230.315.58$1,965
Dec 2002039826.914.85$1,932
Nov 2002038924.664.14$1,609
Oct 2002041026.464.23$1,734
Sep 2002037427.443.64$1,360
Aug 2002042425.963.16$1,342
Jul 2002035924.583.06$1,099
Jun 2002041223.733.34$1,375
May 2002042124.663.58$1,509
Apr 2002039623.653.51$1,391
Mar 2002040822.003.10$1,266
Feb 2002040018.222.38$950
Jan 2002042917.172.38$1,019
Dec 2001043016.932.36$1,017
Nov 2001041218.072.41$991
Oct 2001042119.782.53$1,065
Sep 2001039724.262.25$894
Aug 2001038524.873.05$1,175
Jul 2001038023.933.20$1,215
Jun 2001035824.563.82$1,369
May 2001036325.524.31$1,564
Apr 2001035224.685.34$1,878
Mar 2001037524.545.38$2,016
Feb 2001033627.755.77$1,938
Jan 2001046827.478.40$3,931
Dec 2000019626.889.12$1,788
Nov 2000044032.215.66$2,490
Oct 2000046731.235.15$2,403
Sep 2000037931.875.19$1,966
Aug 2000048029.644.54$2,180
Jul 2000050728.534.09$2,074
Jun 2000053829.304.40$2,366
May 2000056627.263.68$2,083
Apr 2000057224.513.12$1,782
Mar 2000060128.422.86$1,719
Feb 2000056527.622.73$1,540
Jan 2000059825.272.48$1,483
Dec 1999061824.282.42$1,498
Nov 1999067023.192.43$1,631
Oct 1999064820.982.80$1,817
Sep 1999073421.752.62$1,922
Aug 1999086919.262.88$2,499
Jul 1999089317.892.37$2,119
Jun 1999078115.942.36$1,845
May 1999083015.792.32$1,926
Apr 1999081015.102.21$1,789
Mar 1999086312.471.84$1,586
Feb 199907899.981.82$1,434
Jan 1999098910.381.90$1,879
Dec 199809129.201.77$1,617
Nov 199801,09010.892.19$2,382
Oct 199801,15612.421.97$2,276
Sep 199801,16212.592.08$2,420
Aug 199801,22811.301.91$2,342
Jul 199801,21111.742.24$2,709
Jun 199801,04411.242.24$2,336
May 199881,25412.622.21$2,868
Apr 199801,26113.042.51$3,159
Mar 19982001,45412.802.31$5,918
Feb 199801,33713.952.30$3,074
Jan 199801,70214.702.15$3,667
Dec 199701,82416.322.41$4,398
Nov 199702,13218.193.09$6,584
Oct 199701,02219.253.15$3,219
Sep 1997051817.742.95$1,531
Aug 1997061117.862.55$1,561
Jul 1997061517.582.25$1,382
Jun 1997059517.242.26$1,343
May 1997057218.972.31$1,320
Apr 1997051117.882.08$1,064
Mar 1997042518.951.94$824
Feb 1997050120.492.21$1,105
Jan 1997056923.483.54$2,014
Dec 1996066923.32$0
Nov 1996056321.97$0
Oct 1996053323.31$0
Sep 1996055722.22$0
Aug 1996057920.26$0
Jul 1996066819.55$0
Jun 1996068418.73$0
May 1996075319.43$0
Apr 199601,00721.51$0
Mar 1996084119.38$0
Feb 1996078916.98$0
Jan 1996056417.07$0
Dec 1995085017.19$0
Nov 1995071716.00$0
Oct 1995083215.43$0
Sep 1995098716.18$0
Aug 199501,07815.92$0
Jul 1995039415.24$0
Jun 1995088816.41$0
May 1995090717.56$0
Apr 1995091617.73$0
Mar 199501,02316.44$0
Feb 1995090116.58$0
Jan 199501,03915.92$0
Dec 199401,06415.03$0
Nov 199401,02515.90$0
Oct 199401,10615.58$0
Sep 199401,02515.29$0
Aug 199401,31016.13$0
Jul 199401,14317.56$0
Jun 199401,16917.09$0
May 199401,22015.88$0
Apr 199401,20014.14$0
Mar 199401,16112.46$0
Feb 1994093112.50$0
Jan 199401,23112.66$0
Dec 199301,18212.33$0
Nov 199301,63914.49$0
Oct 199301,56815.85$0
Sep 199301,50615.03$0
Aug 199301,30215.66$0
Jul 19931799615.46$263
Jun 199301,21416.79$0
May 199301,48017.68$0
Apr 1993076518.05$0
Mar 1993019618.14$0
Feb 1993093117.90$0
Jan 1993063716.93$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 2012 — as filed, then multipliedworked
Condensate            20 bbl  × $ 79.82 =     $1,596
Gas                    0 Mcf  × $  2.52 =         $0

────────────────────────────────────────────────────
Month total                                   $1,596

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. 10/G/140846 is the state's own key, not one this site invented.