RENE

Name: RENE lease production and value, Jan 2000 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

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

Gas lease lease 182107District 10Field 567932502 tax incentive programmesCondensateGasSave Export

Value, all time

$594 k

Jan 2000 – Sep 2014

Value, last 12 filed months

$7 k

at the published price for each month

Months reported

177

no gaps in the span

Streams

condensate, gas

The MAGOUN, S. (MORROW LOWER) 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

1979-05-23

as the register files it

Field class

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: “ALLOCATION FORMULA SUSPENDED EFF. 8/1/93”

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.

Programme	Filings	With an approval date	Dated	Docket
High Cost Gas	1	1	2004-02-11	155317
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	274 bbl	$16,132
Gas	Production	112,353 Mcf	$578,291
Total			$594,423

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 36.3872, -100.0483. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.38722, -100.04828 · 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

9,550 ft

1 wells filed one

Completion to plug

13.5 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 9,550 ft.

Completions filed

Mar 2001

1 of 1 wells

Plug dates filed

Sep 2014

1 of 1 wells

Last completion to plug: a median of 13.5 years across the 1 well that filed both dates, with the middle half between 13.5 years and 13.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-29532536	1054	9,550 ft	Mar 2001	Sep 2014	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 (177)

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

177 months


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	87	95.94	4.81	$418
Mar 2014	0	270	95.89	5.06	$1,365
Feb 2014	0	253	97.40	6.19	$1,567
Jan 2014	0	297	90.40	4.86	$1,444
Dec 2013	0	242	91.82	4.35	$1,054
Nov 2013	0	285	88.85	3.74	$1,065
Oct 2013	0	76	97.42	3.78	$287
Sep 2013	0	111	104.11	3.72	$413
Aug 2013	0	148	104.25	3.52	$521
Jul 2013	0	219	102.52	3.72	$814
Jun 2013	0	145	94.40	3.93	$570
May 2013	0	199	94.83	4.15	$826
Apr 2013	0	183	93.96	4.28	$784
Mar 2013	0	177	93.62	3.91	$693
Feb 2013	95	154	91.23	3.42	$9,194
Jan 2013	0	220	91.60	3.42	$752
Dec 2012	34	160	86.77	3.42	$3,497
Nov 2012	0	212	86.95	3.62	$768
Oct 2012	0	229	89.38	3.40	$779
Sep 2012	0	204	94.67	2.92	$595
Aug 2012	0	263	92.66	2.91	$765
Jul 2012	0	199	85.13	3.02	$601
Jun 2012	0	235	79.82	2.52	$592
May 2012	0	231	91.61	2.49	$575
Apr 2012	0	356	101.65	2.00	$711
Mar 2012	0	407	105.05	2.22	$904
Feb 2012	0	345	101.10	2.57	$887
Jan 2012	0	259	98.09	2.73	$708
Dec 2011	0	70	96.87	3.24	$227
Nov 2011	0	0	95.72	3.31	$0
Oct 2011	0	285	84.98	3.65	$1,040
Sep 2011	0	300	83.62	3.99	$1,196
Aug 2011	0	291	83.40	4.15	$1,207
Jul 2011	0	247	94.14	4.52	$1,116
Jun 2011	0	254	92.90	4.64	$1,179
May 2011	0	311	98.13	4.40	$1,370
Apr 2011	0	107	105.96	4.33	$464
Mar 2011	0	196	96.36	4.06	$795
Feb 2011	0	322	85.64	4.18	$1,346
Jan 2011	0	361	86.50	4.59	$1,657
Dec 2010	0	347	85.73	4.35	$1,509
Nov 2010	0	325	80.84	3.80	$1,233
Oct 2010	0	257	78.10	3.51	$902
Sep 2010	0	224	72.63	3.98	$891
Aug 2010	0	278	73.68	4.42	$1,229
Jul 2010	0	311	72.55	4.74	$1,473
Jun 2010	0	313	70.36	4.91	$1,537
May 2010	0	312	71.12	4.24	$1,321
Apr 2010	0	318	81.69	4.12	$1,311
Mar 2010	0	349	78.39	4.39	$1,532
Feb 2010	0	291	73.58	5.44	$1,584
Jan 2010	0	307	74.36	5.96	$1,831
Dec 2009	0	210	71.44	5.48	$1,152
Nov 2009	0	177	74.59	3.75	$664
Oct 2009	0	182	72.54	4.11	$748
Sep 2009	0	179	65.54	3.06	$549
Aug 2009	0	200	67.42	3.22	$644
Jul 2009	0	206	61.13	3.46	$714
Jun 2009	0	232	66.16	3.90	$904
May 2009	0	250	54.74	3.93	$981
Apr 2009	0	212	46.77	3.59	$761
Mar 2009	0	187	42.14	4.06	$759
Feb 2009	0	427	32.81	4.63	$1,978
Jan 2009	0	504	35.86	5.37	$2,707
Dec 2008	0	351	37.10	5.98	$2,098
Nov 2008	0	430	55.49	6.86	$2,950
Oct 2008	0	380	75.24	6.92	$2,630
Sep 2008	0	125	101.76	7.88	$985
Aug 2008	0	292	114.22	8.48	$2,477
Jul 2008	0	471	131.08	11.39	$5,364
Jun 2008	0	469	131.33	13.03	$6,112
May 2008	0	513	123.17	11.57	$5,938
Apr 2008	0	412	110.31	10.45	$4,307
Mar 2008	0	369	101.90	9.66	$3,566
Feb 2008	0	485	92.53	8.77	$4,254
Jan 2008	0	502	90.38	8.21	$4,119
Dec 2007	0	460	88.33	7.30	$3,359
Nov 2007	0	528	91.67	7.29	$3,850
Oct 2007	0	458	82.85	6.92	$3,170
Sep 2007	0	251	75.84	6.24	$1,567
Aug 2007	0	371	69.06	6.39	$2,370
Jul 2007	0	286	70.90	6.39	$1,827
Jun 2007	0	433	62.00	7.55	$3,268
May 2007	0	478	58.74	7.85	$3,751
Apr 2007	0	550	59.61	7.81	$4,293
Mar 2007	0	574	56.92	7.30	$4,191
Feb 2007	0	455	55.10	8.22	$3,738
Jan 2007	0	605	50.30	6.73	$4,070
Dec 2006	0	607	56.65	6.92	$4,199
Nov 2006	0	567	54.20	7.62	$4,319
Oct 2006	0	526	54.90	6.01	$3,163
Sep 2006	0	606	60.08	5.04	$3,053
Aug 2006	0	595	68.71	7.34	$4,367
Jul 2006	0	608	69.37	6.34	$3,856
Jun 2006	0	599	66.28	6.38	$3,824
May 2006	0	629	66.01	6.42	$4,041
Apr 2006	0	646	64.39	7.36	$4,755
Mar 2006	0	658	56.70	7.08	$4,661
Feb 2006	0	551	57.59	7.75	$4,271
Jan 2006	0	658	60.59	8.93	$5,878
Dec 2005	0	655	54.94	13.42	$8,787
Nov 2005	0	623	54.69	10.59	$6,597
Oct 2005	0	568	58.34	13.80	$7,836
Sep 2005	0	629	61.45	12.08	$7,598
Aug 2005	0	716	61.51	9.80	$7,015
Jul 2005	0	712	55.69	7.84	$5,585
Jun 2005	0	705	52.33	7.38	$5,204
May 2005	0	741	45.22	6.65	$4,929
Apr 2005	0	710	49.20	7.36	$5,226
Mar 2005	0	783	50.37	7.15	$5,602
Feb 2005	0	675	45.22	6.31	$4,261
Jan 2005	0	799	43.16	6.32	$5,051
Dec 2004	0	841	39.86	6.75	$5,678
Nov 2004	0	836	45.28	6.33	$5,292
Oct 2004	0	881	49.70	6.52	$5,740
Sep 2004	0	828	43.24	5.28	$4,375
Aug 2004	0	921	42.37	5.55	$5,112
Jul 2004	0	925	38.28	6.08	$5,628
Jun 2004	0	954	36.10	6.43	$6,137
May 2004	0	982	37.48	6.49	$6,378
Apr 2004	0	962	34.47	5.86	$5,636
Mar 2004	0	933	34.36	5.53	$5,160
Feb 2004	0	885	32.45	5.51	$4,876
Jan 2004	0	747	32.03	6.30	$4,706
Dec 2003	0	1,092	30.26	6.30	$6,881
Nov 2003	0	1,009	28.80	4.60	$4,637
Oct 2003	0	1,099	28.17	4.76	$5,231
Sep 2003	0	1,077	26.31	4.75	$5,115
Aug 2003	0	1,136	29.76	5.13	$5,827
Jul 2003	0	1,255	29.41	5.17	$6,489
Jun 2003	0	1,235	28.56	5.98	$7,389
May 2003	0	1,260	26.59	5.97	$7,526
Apr 2003	0	1,233	26.67	5.41	$6,667
Mar 2003	145	1,253	31.14	6.10	$12,154
Feb 2003	0	1,021	33.48	7.93	$8,092
Jan 2003	0	1,227	30.31	5.58	$6,849
Dec 2002	0	1,277	26.91	4.85	$6,198
Nov 2002	0	1,287	24.66	4.14	$5,324
Oct 2002	0	1,424	26.46	4.23	$6,022
Sep 2002	0	1,402	27.44	3.64	$5,097
Aug 2002	0	1,395	25.96	3.16	$4,414
Jul 2002	0	1,482	24.58	3.06	$4,538
Jun 2002	0	1,531	23.73	3.34	$5,111
May 2002	0	1,765	24.66	3.58	$6,326
Apr 2002	0	1,661	23.65	3.51	$5,834
Mar 2002	0	1,382	22.00	3.10	$4,288
Feb 2002	0	1,331	18.22	2.38	$3,162
Jan 2002	0	1,807	17.17	2.38	$4,293
Dec 2001	0	1,958	16.93	2.36	$4,630
Nov 2001	0	2,116	18.07	2.41	$5,090
Oct 2001	0	2,744	19.78	2.53	$6,939
Sep 2001	0	3,149	24.26	2.25	$7,089
Aug 2001	0	3,166	24.87	3.05	$9,666
Jul 2001	0	2,456	23.93	3.20	$7,852
Jun 2001	0	3,048	24.56	3.82	$11,656
May 2001	0	2,445	25.52	4.31	$10,531
Apr 2001	0	3,185	24.68	5.34	$16,993
Mar 2001	0	4,428	24.54	5.38	$23,807
Feb 2001	0	0	27.75	5.77	$0
Jan 2001	0	0	27.47	8.40	$0
Dec 2000	0	0	26.88	9.12	$0
Nov 2000	0	0	32.21	5.66	$0
Oct 2000	0	0	31.23	5.15	$0
Sep 2000	0	0	31.87	5.19	$0
Aug 2000	0	0	29.64	4.54	$0
Jul 2000	0	0	28.53	4.09	$0
Jun 2000	0	0	29.30	4.40	$0
May 2000	0	0	27.26	3.68	$0
Apr 2000	0	0	24.51	3.12	$0
Mar 2000	0	0	28.42	2.86	$0
Feb 2000	0	0	27.62	2.73	$0
Jan 2000	0	0	25.27	2.48	$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 2014 — as filed, then multipliedworked

Condensate             0 bbl  × $ 95.94 =         $0
Gas                   87 Mcf  × $  4.81 =       $418

────────────────────────────────────────────────────
Month total                                     $418

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/182107 is the state's own key, not one this site invented.