ISAACS, JOHN C. JR ETAL "I"

Operated by BP AMERICA PRODUCTION COMPANY (P-5 40798) in the CANADIAN, SE. (MORROW, UP.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 181060District 10Field 15217750CondensateGasSaveExport
Value, all time
$240 k
Oct 2000 – Aug 2012
Value, last 12 filed months
$0
at the published price for each month
Months reported
143
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 15 leases and 15 wells, and the rule below applies to all of them.

Discovered
1972-02-11
as the register files it
Field class
Gas
the register's own label
Between wells
1,320 ft
minimum
From a lease line
660 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

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
CondensateDisposition18 bbl$356
GasProduction37,408 Mcf$239,661
Total$240,017

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 35.8671, -100.4197. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.86708, -100.41974 · 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
11,830 ft
1 wells filed one
Completion to plug
11.9 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 11,830 ft.

Completions filed
Oct 2000
1 of 1 wells
Plug dates filed
Sep 2012
1 of 1 wells

Last completion to plug: a median of 11.9 years across the 1 well that filed both dates, with the middle half between 11.9 years and 11.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-21132425321611,830 ftOct 2000Sep 2012Yes

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 (143)

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

143 months

Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
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 200605057.597.75$388
Jan 2006022260.598.93$1,983
Dec 2005025854.9413.42$3,461
Nov 2005020254.6910.59$2,139
Oct 200504458.3413.80$607
Sep 200503661.4512.08$435
Aug 200504561.519.80$441
Jul 200505055.697.84$392
Jun 200503952.337.38$288
May 200505045.226.65$333
Apr 200505649.207.36$412
Mar 200506250.377.15$444
Feb 200506245.226.31$391
Jan 200506343.166.32$398
Dec 200407339.866.75$493
Nov 200407345.286.33$462
Oct 200409149.706.52$593
Sep 200409543.245.28$502
Aug 2004010242.375.55$566
Jul 2004011038.286.08$669
Jun 2004011436.106.43$733
May 2004013137.486.49$851
Apr 2004012734.475.86$744
Mar 2004014634.365.53$807
Feb 200408632.455.51$474
Jan 2004015832.036.30$995
Dec 2003016230.266.30$1,021
Nov 2003012328.804.60$565
Oct 2003017128.174.76$814
Sep 2003019526.314.75$926
Aug 2003021129.765.13$1,082
Jul 2003021929.415.17$1,132
Jun 2003023228.565.98$1,388
May 2003012126.595.97$723
Apr 200308426.675.41$454
Mar 200308231.146.10$500
Feb 2003010933.487.93$864
Jan 2003012630.315.58$703
Dec 2002018826.914.85$913
Nov 2002022324.664.14$923
Oct 2002020426.464.23$863
Sep 2002023727.443.64$862
Aug 2002331325.963.16$1,068
Jul 2002030424.583.06$931
Jun 2002034023.733.34$1,135
May 2002028924.663.58$1,036
Apr 2002029623.653.51$1,040
Mar 2002035622.003.10$1,105
Feb 2002029318.222.38$696
Jan 2002038917.172.38$924
Dec 2001049616.932.36$1,173
Nov 20011155618.072.41$1,536
Oct 2001464719.782.53$1,715
Sep 2001067824.262.25$1,526
Aug 2001073524.873.05$2,244
Jul 2001075923.933.20$2,427
Jun 2001088324.563.82$3,377
May 200101,06325.524.31$4,579
Apr 200101,05724.685.34$5,639
Mar 200101,25924.545.38$6,769
Feb 200101,23927.755.77$7,145
Jan 2001014,65327.478.40$123,067
Dec 200001,87226.889.12$17,077
Nov 200002,03132.215.66$11,491
Oct 200001,66831.235.15$8,583

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 2006 — as filed, then multipliedworked
Condensate             0 bbl  × $ 57.59 =         $0
Gas                   50 Mcf  × $  7.75 =       $388

────────────────────────────────────────────────────
Month total                                     $388

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/181060 is the state's own key, not one this site invented.