VALERIE

Operated by CANYON EXPLORATION CO. (P-5 129932) in the BERNSTEIN, SOUTH (CHEROKEE 6200) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 163031District 10Field 07367250CondensateGasSaveExport
Value, all time
$99 k
Jan 1997 – May 2008
Value, last 12 filed months
$0
at the published price for each month
Months reported
137
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 4 leases and 4 wells, and the rule below applies to all of them.

Discovered
1955-04-21
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

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
CondensateDisposition199 bbl$4,907
GasProduction36,130 Mcf$93,682
Total$98,589

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 36.3903, -101.2481. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.39033, -101.24811 · 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
7,008 ft
1 wells filed one
Completion to plug
11.3 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 7,008 ft.

Completions filed
Feb 1997
1 of 1 wells
Plug dates filed
May 2008
1 of 1 wells

Last completion to plug: a median of 11.3 years across the 1 well that filed both dates, with the middle half between 11.3 years and 11.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-1953127217,008 ftFeb 1997May 2008Yes

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 (137)

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

137 months

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 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
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 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 200219942924.663.58$6,445
Apr 2002061923.653.51$2,174
Mar 2002069922.003.10$2,169
Feb 2002026418.222.38$627
Jan 2002029117.172.38$691
Dec 2001017416.932.36$411
Nov 2001022018.072.41$529
Oct 2001018519.782.53$468
Sep 200105024.262.25$113
Aug 200102524.873.05$76
Jul 200104623.933.20$147
Jun 200108524.563.82$325
May 2001012125.524.31$521
Apr 2001012124.685.34$646
Mar 2001012324.545.38$661
Feb 2001013427.755.77$773
Jan 2001013527.478.40$1,134
Dec 2000015326.889.12$1,396
Nov 2000018832.215.66$1,064
Oct 2000021431.235.15$1,101
Sep 2000025231.875.19$1,307
Aug 2000026429.644.54$1,199
Jul 2000041928.534.09$1,714
Jun 2000030029.304.40$1,319
May 2000065227.263.68$2,399
Apr 2000054524.513.12$1,698
Mar 2000054928.422.86$1,570
Feb 2000054327.622.73$1,480
Jan 2000067225.272.48$1,667
Dec 1999063724.282.42$1,544
Nov 1999025023.192.43$609
Oct 1999051420.982.80$1,441
Sep 1999047921.752.62$1,254
Aug 1999065919.262.88$1,895
Jul 1999066917.892.37$1,587
Jun 1999037515.942.36$886
May 1999034415.792.32$798
Apr 1999030115.102.21$665
Mar 1999035112.471.84$645
Feb 199902459.981.82$445
Jan 1999034610.381.90$657
Dec 199803529.201.77$624
Nov 1998034410.892.19$752
Oct 1998036712.421.97$723
Sep 1998046812.592.08$975
Aug 1998050011.301.91$954
Jul 1998049511.742.24$1,107
Jun 1998050411.242.24$1,128
May 1998064712.622.21$1,428
Apr 1998072713.042.51$1,821
Mar 1998060112.802.31$1,388
Feb 1998021513.952.30$494
Jan 1998085714.702.15$1,847
Dec 1997081716.322.41$1,970
Nov 1997065018.193.09$2,007
Oct 1997033719.253.15$1,061
Sep 1997079217.742.95$2,340
Aug 199701,07617.862.55$2,749
Jul 199702,13817.582.25$4,804
Jun 199701,80017.242.26$4,063
May 199701,91218.972.31$4,414
Apr 199702,30017.882.08$4,790
Mar 199704,58918.951.94$8,899
Feb 19970020.492.21$0
Jan 19970023.483.54$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.

May 2002 — as filed, then multipliedworked
Condensate           199 bbl  × $ 24.66 =     $4,907
Gas                  429 Mcf  × $  3.58 =     $1,538

────────────────────────────────────────────────────
Month total                                   $6,445

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/163031 is the state's own key, not one this site invented.