KNICKER

Operated by STRAT LAND EXPLORATION COMPANY (P-5 825420) in the HIGGINS, SOUTH (MORROW) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 174755District 10Field 411073002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.5 M
Oct 1999 – Aug 2017
Value, last 12 filed months
$2 k
at the published price for each month
Months reported
215
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 66 leases and 66 wells, and the rule below applies to all of them.

Discovered
1960-12-03
as the register files it
Field class
Gas
the register's own label
Between wells
3,735 ft
minimum
From a lease line
1,867 ft
minimum

A drilling unit in this field needs at least 640 acres.

The Commission's schedule remark for this field reads: ALLOCATION FORMULA SUSPENDED EFF. 4/1/93

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 Gas112003-12-05153937
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
CondensateDisposition1,545 bbl$63,839
GasProduction290,221 Mcf$1,470,707
Total$1,534,546

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 36.0523, -100.0790. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.05230, -100.07905 · 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
12,500 ft
1 wells filed one
Completion to plug
17.8 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 12,500 ft.

Completions filed
Oct 1999
1 of 1 wells
Plug dates filed
Aug 2017
1 of 1 wells

Last completion to plug: a median of 17.8 years across the 1 well that filed both dates, with the middle half between 17.8 years and 17.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-21132337112,500 ftOct 1999Aug 2017Yes

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 (215)

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

215 months

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 201737050.452.95$1,867
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 20150056.152.88$0
May 20150055.212.96$0
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 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 2012011186.773.42$380
Nov 2012077186.953.62$2,795
Oct 2012070089.383.40$2,380
Sep 2012074494.672.92$2,171
Aug 2012060992.662.91$1,771
Jul 2012056885.133.02$1,716
Jun 2012054379.822.52$1,368
May 2012058091.612.49$1,443
Apr 20120636101.652.00$1,270
Mar 20120994105.052.22$2,209
Feb 20120578101.102.57$1,486
Jan 2012080498.092.73$2,198
Dec 201119377096.873.24$21,191
Nov 2011067295.723.31$2,225
Oct 2011068984.983.65$2,514
Sep 2011064983.623.99$2,587
Aug 2011071583.404.15$2,967
Jul 2011053994.144.52$2,435
Jun 2011059392.904.64$2,751
May 2011054398.134.40$2,392
Apr 20110565105.964.33$2,448
Mar 2011045896.364.06$1,858
Feb 2011064585.644.18$2,696
Jan 2011093186.504.59$4,272
Dec 2010027385.734.35$1,187
Nov 2010052780.843.80$2,000
Oct 201001,16178.103.51$4,074
Sep 2010063772.633.98$2,535
Aug 2010071373.684.42$3,151
Jul 2010059172.554.74$2,799
Jun 2010051770.364.91$2,539
May 2010065271.124.24$2,761
Apr 201001,35581.694.12$5,586
Mar 2010063278.394.39$2,774
Feb 201001,04373.585.44$5,676
Jan 201001,53274.365.96$9,137
Dec 2009051871.445.48$2,841
Nov 2009072174.593.75$2,705
Oct 2009042072.544.11$1,726
Sep 2009049665.543.06$1,520
Aug 2009066867.423.22$2,150
Jul 2009063361.133.46$2,193
Jun 2009077966.163.90$3,034
May 200901,28654.743.93$5,049
Apr 2009078146.773.59$2,802
Mar 200901,06542.144.06$4,323
Feb 200901,07532.814.63$4,980
Jan 2009098835.865.37$5,307
Dec 200801,12437.105.98$6,718
Nov 200801,12555.496.86$7,718
Oct 200801,16075.246.92$8,030
Sep 200801,212101.767.88$9,547
Aug 200801,041114.228.48$8,831
Jul 200801,450131.0811.39$16,515
Jun 200801,059131.3313.03$13,802
May 200801,159123.1711.57$13,415
Apr 200801,173110.3110.45$12,264
Mar 200801,289101.909.66$12,457
Feb 2008080292.538.77$7,034
Jan 200801,02690.388.21$8,419
Dec 200701,06588.337.30$7,777
Nov 200701,22791.677.29$8,947
Oct 200701,34882.856.92$9,331
Sep 200701,47575.846.24$9,210
Aug 200701,01669.066.39$6,490
Jul 200702,07270.906.39$13,236
Jun 2007017562.007.55$1,321
May 200701,09858.747.85$8,615
Apr 200701,36459.617.81$10,646
Mar 200701,00656.927.30$7,346
Feb 200701,28555.108.22$10,558
Jan 200701,38150.306.73$9,290
Dec 200601,29156.656.92$8,932
Nov 20061831,31754.207.62$19,951
Oct 200601,46254.906.01$8,792
Sep 200601,47060.085.04$7,405
Aug 200601,50768.717.34$11,061
Jul 200601,68369.376.34$10,675
Jun 200601,86566.286.38$11,906
May 200601,66766.016.42$10,710
Apr 200601,25564.397.36$9,237
Mar 200601,09256.707.08$7,735
Feb 200601,16257.597.75$9,007
Jan 200601,33960.598.93$11,962
Dec 200501,16654.9413.42$15,642
Nov 200501,37154.6910.59$14,517
Oct 200501,50358.3413.80$20,735
Sep 200501,14961.4512.08$13,879
Aug 200501,13161.519.80$11,080
Jul 200501,08855.697.84$8,534
Jun 20051801,42552.337.38$19,937
May 200501,03745.226.65$6,897
Apr 200501,12549.207.36$8,281
Mar 200501,37550.377.15$9,838
Feb 200501,05145.226.31$6,634
Jan 200504,67343.166.32$29,544
Dec 200403,75139.866.75$25,323
Nov 200406,41945.286.33$40,635
Oct 200408,35249.706.52$54,414
Sep 200406,55443.245.28$34,631
Aug 200405,71542.375.55$31,722
Jul 200401,11538.286.08$6,784
Jun 200401,40636.106.43$9,045
May 200401,38637.486.49$9,001
Apr 200401,30634.475.86$7,651
Mar 200401,36934.365.53$7,571
Feb 200401,26032.455.51$6,942
Jan 200401,28932.036.30$8,120
Dec 200301,37430.266.30$8,658
Nov 200301,38528.804.60$6,364
Oct 200301,65428.174.76$7,872
Sep 200301,56226.314.75$7,419
Aug 200301,54129.765.13$7,905
Jul 200301,63729.415.17$8,465
Jun 200301,43728.565.98$8,598
May 200301,34726.595.97$8,045
Apr 200301,60126.675.41$8,657
Mar 200301,90231.146.10$11,595
Feb 200301,48333.487.93$11,754
Jan 200301,61730.315.58$9,026
Dec 200201,85126.914.85$8,984
Nov 200201,87124.664.14$7,740
Oct 20021652,00726.464.23$12,854
Sep 200201,74527.443.64$6,343
Aug 200202,06725.963.16$6,540
Jul 200202,24824.583.06$6,883
Jun 200201,70723.733.34$5,698
May 200202,02824.663.58$7,268
Apr 200202,22623.653.51$7,818
Mar 200202,40922.003.10$7,474
Feb 200201,94318.222.38$4,616
Jan 200202,44417.172.38$5,806
Dec 200102,58616.932.36$6,114
Nov 20011882,51618.072.41$9,449
Oct 200102,96619.782.53$7,501
Sep 200103,19824.262.25$7,200
Aug 200103,42324.873.05$10,451
Jul 2001080423.933.20$2,570
Jun 2001084024.563.82$3,212
May 200102,49525.524.31$10,747
Apr 200102,77524.685.34$14,806
Mar 200102,89224.545.38$15,549
Feb 200102,34027.755.77$13,495
Jan 200102,95527.478.40$24,818
Dec 200002,66626.889.12$24,321
Nov 20002003,27632.215.66$24,978
Oct 200003,69331.235.15$19,002
Sep 200003,61931.875.19$18,770
Aug 200004,43229.644.54$20,125
Jul 200004,67828.534.09$19,132
Jun 200003,97029.304.40$17,457
May 200003,99327.263.68$14,693
Apr 20001994,27224.513.12$18,189
Mar 200004,99528.422.86$14,284
Feb 200005,12827.622.73$13,981
Jan 200006,80525.272.48$16,880
Dec 19992008,16124.282.42$24,636
Nov 1999012,31823.192.43$29,982
Oct 199907,61120.982.80$21,339

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.

Feb 2017 — as filed, then multipliedworked
Condensate            37 bbl  × $ 50.45 =     $1,867
Gas                    0 Mcf  × $  2.95 =         $0

────────────────────────────────────────────────────
Month total                                   $1,867

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/174755 is the state's own key, not one this site invented.