CRUISE -E-

Operated by CONOCOPHILLIPS COMPANY (P-5 172232) in the BRADFORD (CLEVELAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 168951District 10Field 112262002 tax incentive programmesCondensateGasSaveExport
Value, all time
$326 k
Mar 1998 – Sep 2004
Value, last 12 filed months
$5 k
at the published price for each month
Months reported
79
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 141 leases and 152 wells, and the rule below applies to all of them.

Discovered
1959-09-16
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2002-10-01.

The Commission's schedule remark for this field reads: 53869 270 EFF 4/5/11.

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 Gas111999-03-03140047
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
CondensateDisposition77 bbl$2,419
GasProduction112,474 Mcf$323,473
Total$325,892

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 36.2998, -100.4543. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.29983, -100.45434 · 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
7,610 ft
1 wells filed one
Completion to plug
6.5 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 7,610 ft.

Completions filed
Mar 1998
1 of 1 wells
Plug dates filed
Sep 2004
1 of 1 wells

Last completion to plug: a median of 6.5 years across the 1 well that filed both dates, with the middle half between 6.5 years and 6.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2953242567,610 ftMar 1998Sep 2004Yes

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 (79)

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

79 months

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 200453034.475.86$1,827
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 2003013828.804.60$634
Oct 2003045028.174.76$2,142
Sep 2003052426.314.75$2,489
Aug 2003057329.765.13$2,939
Jul 200301,09329.415.17$5,652
Jun 2003070728.565.98$4,230
May 2003075126.595.97$4,485
Apr 2003083326.675.41$4,504
Mar 200301,07131.146.10$6,529
Feb 2003049833.487.93$3,947
Jan 2003066430.315.58$3,706
Dec 2002065326.914.85$3,170
Nov 2002074324.664.14$3,074
Oct 2002049926.464.23$2,110
Sep 2002067827.443.64$2,465
Aug 200201,00425.963.16$3,177
Jul 2002082324.583.06$2,520
Jun 2002083123.733.34$2,774
May 200201,10624.663.58$3,964
Apr 2002092223.653.51$3,238
Mar 200201,16022.003.10$3,599
Feb 200201,16318.222.38$2,763
Jan 2002079217.172.38$1,882
Dec 200101,03016.932.36$2,435
Nov 200101,27818.072.41$3,074
Oct 200101,92419.782.53$4,866
Sep 200102,59024.262.25$5,831
Aug 200101,72924.873.05$5,279
Jul 2001044723.933.20$1,429
Jun 2001046924.563.82$1,794
May 2001052425.524.31$2,257
Apr 20012447424.685.34$3,121
Mar 2001066424.545.38$3,570
Feb 2001057827.755.77$3,333
Jan 2001064827.478.40$5,442
Dec 2000072126.889.12$6,577
Nov 2000074332.215.66$4,204
Oct 2000079731.235.15$4,101
Sep 2000067231.875.19$3,485
Aug 2000084029.644.54$3,814
Jul 2000085528.534.09$3,497
Jun 2000085829.304.40$3,773
May 200001,11227.263.68$4,092
Apr 2000091724.513.12$2,857
Mar 200001,13328.422.86$3,240
Feb 200001,20127.622.73$3,275
Jan 200001,09925.272.48$2,726
Dec 199901,36924.282.42$3,318
Nov 199901,44823.192.43$3,524
Oct 199901,61120.982.80$4,517
Sep 199901,68821.752.62$4,421
Aug 199901,62319.262.88$4,667
Jul 199901,92117.892.37$4,557
Jun 199901,88315.942.36$4,448
May 199902,04315.792.32$4,742
Apr 199902,14515.102.21$4,736
Mar 199902,56112.471.84$4,708
Feb 199902,2109.981.82$4,017
Jan 199902,78010.381.90$5,282
Dec 199802,9859.201.77$5,293
Nov 199802,91810.892.19$6,378
Oct 199803,21512.421.97$6,331
Sep 199803,77512.592.08$7,862
Aug 199803,65911.301.91$6,979
Jul 199804,82311.742.24$10,790
Jun 199805,72711.242.24$12,813
May 199807,60612.622.21$16,781
Apr 1998013,50513.042.51$33,834
Mar 19980012.802.31$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.

Apr 2004 — as filed, then multipliedworked
Condensate            53 bbl  × $ 34.47 =     $1,827
Gas                    0 Mcf  × $  5.86 =         $0

────────────────────────────────────────────────────
Month total                                   $1,827

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/168951 is the state's own key, not one this site invented.