MAKE BELIEVE

Name: MAKE BELIEVE lease production and value, May 1999 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by RANGE PRODUCTION COMPANY, LLC (P-5 691795) in the SHREIKEY (GRANITE WASH) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 173544District 10Field 834513002 tax incentive programmesCondensateGasSave Export

Value, all time

$2.1 M

May 1999 – Mar 2016

Value, last 12 filed months

at the published price for each month

Months reported

203

no gaps in the span

Streams

condensate, gas

The SHREIKEY (GRANITE WASH) field

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 45 leases and 46 wells, and the rule below applies to all of them.

Discovered

1978-01-24

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

The Commission's schedule remark for this field reads: “AOF-1 AND AOF-2 EFFECTIVE 10/01/1999.”

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.

Programme	Filings	With an approval date	Dated	Docket
High Cost Gas	1	1	2007-01-12	172310
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	2,398 bbl	$84,754
Gas	Production	406,622 Mcf	$2,056,321
Total			$2,141,075

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 35.7373, -100.5444. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.73731, -100.54438 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

11,450 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 11,450 ft.

Completions filed

May 1999

1 of 1 wells

Plug dates filed

Aug 2010

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


42-39330136	1	11,450 ft	May 1999	Aug 2010	Yes

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 (203)

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

203 months


Mar 2016	0	0	33.01	1.79	$0
Feb 2016	0	0	26.47	2.06	$0
Jan 2016	0	0	27.35	2.36	$0
Dec 2015	0	0	32.36	2.00	$0
Nov 2015	0	0	38.79	2.17	$0
Oct 2015	0	0	43.55	2.43	$0
Sep 2015	0	0	42.99	2.76	$0
Aug 2015	0	0	40.16	2.87	$0
Jul 2015	0	0	48.15	2.95	$0
Jun 2015	0	0	56.15	2.88	$0
May 2015	0	0	55.21	2.96	$0
Apr 2015	0	0	49.82	2.71	$0
Mar 2015	0	0	42.89	2.93	$0
Feb 2015	0	0	44.66	2.98	$0
Jan 2015	0	0	43.43	3.10	$0
Dec 2014	0	0	54.69	3.59	$0
Nov 2014	0	0	70.46	4.25	$0
Oct 2014	0	0	78.30	3.90	$0
Sep 2014	0	0	86.16	4.05	$0
Aug 2014	0	0	89.39	4.04	$0
Jul 2014	0	0	96.56	4.18	$0
Jun 2014	0	0	98.16	4.74	$0
May 2014	0	0	94.73	4.73	$0
Apr 2014	0	0	95.94	4.81	$0
Mar 2014	0	0	95.89	5.06	$0
Feb 2014	0	0	97.40	6.19	$0
Jan 2014	0	0	90.40	4.86	$0
Dec 2013	0	0	91.82	4.35	$0
Nov 2013	0	0	88.85	3.74	$0
Oct 2013	0	0	97.42	3.78	$0
Sep 2013	0	0	104.11	3.72	$0
Aug 2013	0	0	104.25	3.52	$0
Jul 2013	0	0	102.52	3.72	$0
Jun 2013	0	0	94.40	3.93	$0
May 2013	0	0	94.83	4.15	$0
Apr 2013	0	0	93.96	4.28	$0
Mar 2013	0	0	93.62	3.91	$0
Feb 2013	0	0	91.23	3.42	$0
Jan 2013	0	0	91.60	3.42	$0
Dec 2012	0	0	86.77	3.42	$0
Nov 2012	0	0	86.95	3.62	$0
Oct 2012	0	0	89.38	3.40	$0
Sep 2012	0	0	94.67	2.92	$0
Aug 2012	0	0	92.66	2.91	$0
Jul 2012	0	0	85.13	3.02	$0
Jun 2012	0	0	79.82	2.52	$0
May 2012	0	0	91.61	2.49	$0
Apr 2012	0	0	101.65	2.00	$0
Mar 2012	0	0	105.05	2.22	$0
Feb 2012	0	0	101.10	2.57	$0
Jan 2012	0	0	98.09	2.73	$0
Dec 2011	0	0	96.87	3.24	$0
Nov 2011	0	0	95.72	3.31	$0
Oct 2011	0	0	84.98	3.65	$0
Sep 2011	0	0	83.62	3.99	$0
Aug 2011	0	0	83.40	4.15	$0
Jul 2011	0	0	94.14	4.52	$0
Jun 2011	0	0	92.90	4.64	$0
May 2011	0	0	98.13	4.40	$0
Apr 2011	0	0	105.96	4.33	$0
Mar 2011	0	0	96.36	4.06	$0
Feb 2011	0	0	85.64	4.18	$0
Jan 2011	0	0	86.50	4.59	$0
Dec 2010	0	0	85.73	4.35	$0
Nov 2010	0	0	80.84	3.80	$0
Oct 2010	0	0	78.10	3.51	$0
Sep 2010	0	0	72.63	3.98	$0
Aug 2010	0	0	73.68	4.42	$0
Jul 2010	0	0	72.55	4.74	$0
Jun 2010	0	0	70.36	4.91	$0
May 2010	0	0	71.12	4.24	$0
Apr 2010	0	0	81.69	4.12	$0
Mar 2010	0	0	78.39	4.39	$0
Feb 2010	0	0	73.58	5.44	$0
Jan 2010	0	0	74.36	5.96	$0
Dec 2009	0	0	71.44	5.48	$0
Nov 2009	0	0	74.59	3.75	$0
Oct 2009	0	0	72.54	4.11	$0
Sep 2009	0	0	65.54	3.06	$0
Aug 2009	0	0	67.42	3.22	$0
Jul 2009	0	0	61.13	3.46	$0
Jun 2009	0	0	66.16	3.90	$0
May 2009	0	0	54.74	3.93	$0
Apr 2009	0	0	46.77	3.59	$0
Mar 2009	0	0	42.14	4.06	$0
Feb 2009	0	0	32.81	4.63	$0
Jan 2009	0	0	35.86	5.37	$0
Dec 2008	0	0	37.10	5.98	$0
Nov 2008	0	0	55.49	6.86	$0
Oct 2008	0	0	75.24	6.92	$0
Sep 2008	0	0	101.76	7.88	$0
Aug 2008	0	0	114.22	8.48	$0
Jul 2008	0	0	131.08	11.39	$0
Jun 2008	0	243	131.33	13.03	$3,167
May 2008	0	871	123.17	11.57	$10,081
Apr 2008	0	873	110.31	10.45	$9,127
Mar 2008	0	1,320	101.90	9.66	$12,757
Feb 2008	0	1,200	92.53	8.77	$10,525
Jan 2008	0	1,924	90.38	8.21	$15,788
Dec 2007	0	1,468	88.33	7.30	$10,719
Nov 2007	0	1,314	91.67	7.29	$9,581
Oct 2007	0	1,551	82.85	6.92	$10,736
Sep 2007	0	1,566	75.84	6.24	$9,778
Aug 2007	0	1,989	69.06	6.39	$12,706
Jul 2007	0	2,373	70.90	6.39	$15,159
Jun 2007	0	3,742	62.00	7.55	$28,246
May 2007	0	192	58.74	7.85	$1,506
Apr 2007	0	1,818	59.61	7.81	$14,190
Mar 2007	198	3,127	56.92	7.30	$34,103
Feb 2007	0	2,848	55.10	8.22	$23,399
Jan 2007	0	4,208	50.30	6.73	$28,307
Dec 2006	0	4,228	56.65	6.92	$29,251
Nov 2006	0	3,074	54.20	7.62	$23,416
Oct 2006	194	4,095	54.90	6.01	$35,277
Sep 2006	0	2,930	60.08	5.04	$14,759
Aug 2006	0	3,455	68.71	7.34	$25,359
Jul 2006	0	3,723	69.37	6.34	$23,614
Jun 2006	0	31	66.28	6.38	$198
May 2006	0	4,124	66.01	6.42	$26,497
Apr 2006	0	0	64.39	7.36	$0
Mar 2006	0	4,460	56.70	7.08	$31,590
Feb 2006	0	0	57.59	7.75	$0
Jan 2006	0	4,209	60.59	8.93	$37,600
Dec 2005	201	7,236	54.94	13.42	$108,117
Nov 2005	0	4,403	54.69	10.59	$46,621
Oct 2005	0	3,568	58.34	13.80	$49,223
Sep 2005	0	3,084	61.45	12.08	$37,252
Aug 2005	0	2,683	61.51	9.80	$26,285
Jul 2005	0	1,593	55.69	7.84	$12,495
Jun 2005	0	1,589	52.33	7.38	$11,728
May 2005	0	2,442	45.22	6.65	$16,242
Apr 2005	0	2,712	49.20	7.36	$19,962
Mar 2005	0	2,618	50.37	7.15	$18,731
Feb 2005	0	1,120	45.22	6.31	$7,069
Jan 2005	0	1,206	43.16	6.32	$7,625
Dec 2004	153	0	39.86	6.75	$6,099
Nov 2004	0	2,686	45.28	6.33	$17,004
Oct 2004	0	2,615	49.70	6.52	$17,037
Sep 2004	0	2,795	43.24	5.28	$14,769
Aug 2004	0	2,830	42.37	5.55	$15,708
Jul 2004	0	2,759	38.28	6.08	$16,786
Jun 2004	0	3,107	36.10	6.43	$19,987
May 2004	0	2,976	37.48	6.49	$19,328
Apr 2004	163	3,051	34.47	5.86	$23,493
Mar 2004	0	3,213	34.36	5.53	$17,768
Feb 2004	0	2,180	32.45	5.51	$12,011
Jan 2004	0	2,876	32.03	6.30	$18,118
Dec 2003	0	3,040	30.26	6.30	$19,157
Nov 2003	0	3,090	28.80	4.60	$14,199
Oct 2003	0	3,077	28.17	4.76	$14,645
Sep 2003	0	3,291	26.31	4.75	$15,630
Aug 2003	40	3,021	29.76	5.13	$16,687
Jul 2003	0	3,299	29.41	5.17	$17,059
Jun 2003	0	2,121	28.56	5.98	$12,690
May 2003	0	2,671	26.59	5.97	$15,953
Apr 2003	0	3,000	26.67	5.41	$16,222
Mar 2003	0	3,130	31.14	6.10	$19,081
Feb 2003	0	2,184	33.48	7.93	$17,310
Jan 2003	0	3,051	30.31	5.58	$17,031
Dec 2002	0	1,950	26.91	4.85	$9,465
Nov 2002	0	3,242	24.66	4.14	$13,412
Oct 2002	0	3,931	26.46	4.23	$16,625
Sep 2002	165	3,223	27.44	3.64	$16,244
Aug 2002	0	11,851	25.96	3.16	$37,498
Jul 2002	0	12,559	24.58	3.06	$38,453
Jun 2002	0	12,940	23.73	3.34	$43,197
May 2002	0	19,820	24.66	3.58	$71,035
Apr 2002	186	4,926	23.65	3.51	$21,701
Mar 2002	0	2,629	22.00	3.10	$8,157
Feb 2002	0	1,785	18.22	2.38	$4,241
Jan 2002	0	1,712	17.17	2.38	$4,067
Dec 2001	0	3,351	16.93	2.36	$7,923
Nov 2001	0	2,406	18.07	2.41	$5,788
Oct 2001	0	0	19.78	2.53	$0
Sep 2001	0	4	24.26	2.25	$9
Aug 2001	0	241	24.87	3.05	$736
Jul 2001	0	5,459	23.93	3.20	$17,453
Jun 2001	179	2,383	24.56	3.82	$13,509
May 2001	0	5,782	25.52	4.31	$24,905
Apr 2001	0	5,576	24.68	5.34	$29,750
Mar 2001	0	3,886	24.54	5.38	$20,893
Feb 2001	0	3,807	27.75	5.77	$21,955
Jan 2001	0	4,328	27.47	8.40	$36,350
Dec 2000	0	5,915	26.88	9.12	$53,960
Nov 2000	143	5,608	32.21	5.66	$36,336
Oct 2000	0	2,350	31.23	5.15	$12,092
Sep 2000	0	1,900	31.87	5.19	$9,854
Aug 2000	162	2,483	29.64	4.54	$16,076
Jul 2000	152	2,185	28.53	4.09	$13,273
Jun 2000	0	2,315	29.30	4.40	$10,180
May 2000	0	3,280	27.26	3.68	$12,070
Apr 2000	162	2,737	24.51	3.12	$12,499
Mar 2000	0	3,444	28.42	2.86	$9,849
Feb 2000	168	3,579	27.62	2.73	$14,398
Jan 2000	0	3,528	25.27	2.48	$8,751
Dec 1999	132	4,159	24.28	2.42	$13,285
Nov 1999	0	5,053	23.19	2.43	$12,299
Oct 1999	0	5,977	20.98	2.80	$16,758
Sep 1999	0	6,575	21.75	2.62	$17,219
Aug 1999	0	8,615	19.26	2.88	$24,773
Jul 1999	0	10,801	17.89	2.37	$25,624
Jun 1999	0	13,885	15.94	2.36	$32,798
May 1999	0	27,169	15.79	2.32	$63,060

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 2008 — as filed, then multipliedworked

Condensate             0 bbl  × $131.33 =         $0
Gas                  243 Mcf  × $ 13.03 =     $3,167

────────────────────────────────────────────────────
Month total                                   $3,167

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/173544 is the state's own key, not one this site invented.