CIRCLE DOT RANCH

Name: CIRCLE DOT RANCH lease production and value, Oct 1999 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by KAISER-FRANCIS OIL COMPANY (P-5 450175) in the CIRCLE DOT (MORROW, UPPER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 175245District 10Field 18260500CondensateGasSave Export

Value, all time

$2.4 M

Oct 1999 – Oct 2009

Value, last 12 filed months

$22 k

at the published price for each month

Months reported

121

no gaps in the span

Streams

condensate, gas

The CIRCLE DOT (MORROW, UPPER) 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 6 leases and 6 wells, and the rule below applies to all of them.

Discovered

1979-01-16

as the register files it

Field class

Gas

the register's own label

Between wells

1,880 ft

minimum

From a lease line

990 ft

minimum

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

The Commission's schedule remark for this field reads: “RULES EFF 12-1-79 PER ORDER #10-73586”

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	68 bbl	$4,933
Gas	Production	514,278 Mcf	$2,415,434
Total			$2,420,367

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 35.6394, -100.4278. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.63939, -100.42784 · 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

0.0%

0 of 1 wells

Median depth

13,475 ft

1 wells filed one

Completion to plug

—

no well filed both dates

What the state filed about each well

On the RRC proration schedule

1100.0%

A plug date is filed

00.0%

BothOn the schedule and plugged. Neither fact cancels the other.

00.0%

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 13,475 ft.

Completions filed

Oct 2009

1 of 1 wells

1 well


42-21131685	1	13,475 ft	Oct 2009	—	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 (121)

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

121 months


Oct 2009	68	0	72.54	4.11	$4,933
Sep 2009	0	0	65.54	3.06	$0
Aug 2009	0	0	67.42	3.22	$0
Jul 2009	0	137	61.13	3.46	$475
Jun 2009	0	454	66.16	3.90	$1,768
May 2009	0	288	54.74	3.93	$1,131
Apr 2009	0	886	46.77	3.59	$3,179
Mar 2009	0	808	42.14	4.06	$3,280
Feb 2009	0	462	32.81	4.63	$2,140
Jan 2009	0	228	35.86	5.37	$1,225
Dec 2008	0	396	37.10	5.98	$2,367
Nov 2008	0	194	55.49	6.86	$1,331
Oct 2008	0	555	75.24	6.92	$3,842
Sep 2008	0	458	101.76	7.88	$3,608
Aug 2008	0	170	114.22	8.48	$1,442
Jul 2008	0	41	131.08	11.39	$467
Jun 2008	0	167	131.33	13.03	$2,176
May 2008	0	299	123.17	11.57	$3,461
Apr 2008	0	399	110.31	10.45	$4,171
Mar 2008	0	646	101.90	9.66	$6,243
Feb 2008	0	614	92.53	8.77	$5,385
Jan 2008	0	1,012	90.38	8.21	$8,304
Dec 2007	0	942	88.33	7.30	$6,878
Nov 2007	0	745	91.67	7.29	$5,432
Oct 2007	0	1,337	82.85	6.92	$9,255
Sep 2007	0	938	75.84	6.24	$5,857
Aug 2007	0	1,321	69.06	6.39	$8,438
Jul 2007	0	1,018	70.90	6.39	$6,503
Jun 2007	0	1,182	62.00	7.55	$8,922
May 2007	0	1,895	58.74	7.85	$14,869
Apr 2007	0	1,426	59.61	7.81	$11,130
Mar 2007	0	1,119	56.92	7.30	$8,171
Feb 2007	0	913	55.10	8.22	$7,501
Jan 2007	0	1,278	50.30	6.73	$8,597
Dec 2006	0	1,728	56.65	6.92	$11,955
Nov 2006	0	1,867	54.20	7.62	$14,222
Oct 2006	0	1,451	54.90	6.01	$8,726
Sep 2006	0	1,714	60.08	5.04	$8,634
Aug 2006	0	1,880	68.71	7.34	$13,799
Jul 2006	0	1,866	69.37	6.34	$11,836
Jun 2006	0	1,882	66.28	6.38	$12,014
May 2006	0	2,192	66.01	6.42	$14,084
Apr 2006	0	2,206	64.39	7.36	$16,237
Mar 2006	0	2,403	56.70	7.08	$17,020
Feb 2006	0	2,406	57.59	7.75	$18,649
Jan 2006	0	2,393	60.59	8.93	$21,377
Dec 2005	0	1,416	54.94	13.42	$18,996
Nov 2005	0	1,123	54.69	10.59	$11,891
Oct 2005	0	82	58.34	13.80	$1,131
Sep 2005	0	386	61.45	12.08	$4,662
Aug 2005	0	1,459	61.51	9.80	$14,294
Jul 2005	0	1,221	55.69	7.84	$9,577
Jun 2005	0	1,359	52.33	7.38	$10,031
May 2005	0	1,605	45.22	6.65	$10,675
Apr 2005	0	1,859	49.20	7.36	$13,683
Mar 2005	0	1,870	50.37	7.15	$13,380
Feb 2005	0	1,119	45.22	6.31	$7,063
Jan 2005	0	1,895	43.16	6.32	$11,981
Dec 2004	0	2,592	39.86	6.75	$17,499
Nov 2004	0	1,965	45.28	6.33	$12,439
Oct 2004	0	2,450	49.70	6.52	$15,962
Sep 2004	0	3,787	43.24	5.28	$20,010
Aug 2004	0	3,231	42.37	5.55	$17,934
Jul 2004	0	4,634	38.28	6.08	$28,194
Jun 2004	0	5,012	36.10	6.43	$32,242
May 2004	0	6,575	37.48	6.49	$42,702
Apr 2004	0	7,536	34.47	5.86	$44,149
Mar 2004	0	9,711	34.36	5.53	$53,703
Feb 2004	0	10,805	32.45	5.51	$59,531
Jan 2004	0	6,787	32.03	6.30	$42,756
Dec 2003	0	1,842	30.26	6.30	$11,608
Nov 2003	0	2,324	28.80	4.60	$10,679
Oct 2003	0	3,019	28.17	4.76	$14,369
Sep 2003	0	4,594	26.31	4.75	$21,819
Aug 2003	0	4,588	29.76	5.13	$23,535
Jul 2003	0	4,879	29.41	5.17	$25,229
Jun 2003	0	4,943	28.56	5.98	$29,574
May 2003	0	5,162	26.59	5.97	$30,831
Apr 2003	0	5,285	26.67	5.41	$28,577
Mar 2003	0	5,887	31.14	6.10	$35,887
Feb 2003	0	5,336	33.48	7.93	$42,293
Jan 2003	0	4,905	30.31	5.58	$27,380
Dec 2002	0	3,503	26.91	4.85	$17,003
Nov 2002	0	3,261	24.66	4.14	$13,491
Oct 2002	0	5,306	26.46	4.23	$22,440
Sep 2002	0	5,371	27.44	3.64	$19,525
Aug 2002	0	5,274	25.96	3.16	$16,688
Jul 2002	0	5,851	24.58	3.06	$17,914
Jun 2002	0	5,775	23.73	3.34	$19,278
May 2002	0	5,459	24.66	3.58	$19,565
Apr 2002	0	4,948	23.65	3.51	$17,379
Mar 2002	0	5,036	22.00	3.10	$15,625
Feb 2002	0	4,012	18.22	2.38	$9,531
Jan 2002	0	6,074	17.17	2.38	$14,430
Dec 2001	0	4,889	16.93	2.36	$11,560
Nov 2001	0	7,045	18.07	2.41	$16,947
Oct 2001	0	7,790	19.78	2.53	$19,700
Sep 2001	0	7,924	24.26	2.25	$17,839
Aug 2001	0	9,478	24.87	3.05	$28,938
Jul 2001	0	4,320	23.93	3.20	$13,811
Jun 2001	0	8,462	24.56	3.82	$32,360
May 2001	0	9,371	25.52	4.31	$40,364
Apr 2001	0	9,582	24.68	5.34	$51,123
Mar 2001	0	8,796	24.54	5.38	$47,291
Feb 2001	0	8,604	27.75	5.77	$49,620
Jan 2001	0	7,058	27.47	8.40	$59,278
Dec 2000	0	6,600	26.88	9.12	$60,209
Nov 2000	0	10,475	32.21	5.66	$59,268
Oct 2000	0	8,775	31.23	5.15	$45,152
Sep 2000	0	9,506	31.87	5.19	$49,303
Aug 2000	0	12,095	29.64	4.54	$54,920
Jul 2000	0	13,892	28.53	4.09	$56,815
Jun 2000	0	12,294	29.30	4.40	$54,060
May 2000	0	14,578	27.26	3.68	$53,643
Apr 2000	0	11,775	24.51	3.12	$36,691
Mar 2000	0	12,593	28.42	2.86	$36,013
Feb 2000	0	12,016	27.62	2.73	$32,762
Jan 2000	0	11,521	25.27	2.48	$28,578
Dec 1999	0	17,140	24.28	2.42	$41,543
Nov 1999	0	18,528	23.19	2.43	$45,097
Oct 1999	0	9,742	20.98	2.80	$27,314

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.

Oct 2009 — as filed, then multipliedworked

Condensate            68 bbl  × $ 72.54 =     $4,933
Gas                    0 Mcf  × $  4.11 =         $0

────────────────────────────────────────────────────
Month total                                   $4,933

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/175245 is the state's own key, not one this site invented.