CIRCLE DOT RANCH

Name: CIRCLE DOT RANCH lease production and value, Mar 2002 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by TECOLOTE ENERGY OPERATING, LLC (P-5 841419) in the BUFFALO WALLOW (GRANITE WASH) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 188426District 10Field 131472852 tax incentive programmesCondensateGasSave Export

Value, all time

$1.1 M

Mar 2002 – Jul 2017

Value, last 12 filed months

at the published price for each month

Months reported

185

no gaps in the span

Streams

condensate, gas

The BUFFALO WALLOW (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 1,387 leases and 1,388 wells, and the rule below applies to all of them.

Discovered

1974-09-09

as the register files it

Field class

Oil and gas

the register's own label

Between wells

0 ft

minimum

From a lease line

330 ft

minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2016-03-29.

The Commission's schedule remark for this field reads: “01-30-2024”

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	2005-06-17	162038
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	5,226 bbl	$438,695
Gas	Production	129,238 Mcf	$658,406
Total			$1,097,100

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 35.6353, -100.4048. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.63529, -100.40484 · 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

14,925 ft

1 wells filed one

Completion to plug

15.3 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 14,925 ft.

Completions filed

Mar 2002

1 of 1 wells

Plug dates filed

Jul 2017

1 of 1 wells

Last completion to plug: a median of 15.3 years across the 1 well that filed both dates, with the middle half between 15.3 years and 15.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-21132543	1077	14,925 ft	Mar 2002	Jul 2017	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 (185)

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

185 months


Jul 2017	0	0	43.87	3.09	$0
Jun 2017	0	0	42.49	3.09	$0
May 2017	0	0	45.37	3.26	$0
Apr 2017	0	0	47.93	3.21	$0
Mar 2017	0	0	46.77	2.98	$0
Feb 2017	0	0	50.45	2.95	$0
Jan 2017	0	0	49.41	3.42	$0
Dec 2016	0	0	48.76	3.72	$0
Nov 2016	0	0	42.49	2.64	$0
Oct 2016	0	0	46.19	3.09	$0
Sep 2016	0	0	41.55	3.10	$0
Aug 2016	0	0	41.44	2.92	$0
Jul 2016	0	0	41.62	2.92	$0
Jun 2016	0	0	45.35	2.69	$0
May 2016	0	0	42.52	1.99	$0
Apr 2016	0	0	36.56	1.99	$0
Mar 2016	0	0	33.01	1.79	$0
Feb 2016	0	0	26.47	2.06	$0
Jan 2016	3	3	27.35	2.36	$89
Dec 2015	56	75	32.36	2.00	$1,962
Nov 2015	5	1,175	38.79	2.17	$2,741
Oct 2015	88	960	43.55	2.43	$6,162
Sep 2015	4	917	42.99	2.76	$2,701
Aug 2015	175	1,098	40.16	2.87	$10,182
Jul 2015	0	899	48.15	2.95	$2,648
Jun 2015	9	870	56.15	2.88	$3,013
May 2015	71	866	55.21	2.96	$6,479
Apr 2015	49	848	49.82	2.71	$4,736
Mar 2015	72	943	42.89	2.93	$5,856
Feb 2015	5	109	44.66	2.98	$548
Jan 2015	43	881	43.43	3.10	$4,599
Dec 2014	53	1,107	54.69	3.59	$6,874
Nov 2014	63	1,221	70.46	4.25	$9,630
Oct 2014	1	1,469	78.30	3.90	$5,809
Sep 2014	79	1,138	86.16	4.05	$11,410
Aug 2014	133	1,104	89.39	4.04	$16,344
Jul 2014	12	1,108	96.56	4.18	$5,790
Jun 2014	80	988	98.16	4.74	$12,533
May 2014	73	1,075	94.73	4.73	$11,996
Apr 2014	66	1,078	95.94	4.81	$11,516
Mar 2014	32	617	95.89	5.06	$6,189
Feb 2014	16	621	97.40	6.19	$5,404
Jan 2014	124	380	90.40	4.86	$13,057
Dec 2013	62	1,652	91.82	4.35	$12,886
Nov 2013	60	2,237	88.85	3.74	$13,694
Oct 2013	78	1,902	97.42	3.78	$14,787
Sep 2013	170	1,290	104.11	3.72	$22,495
Aug 2013	0	1,478	104.25	3.52	$5,206
Jul 2013	0	1,535	102.52	3.72	$5,707
Jun 2013	177	1,655	94.40	3.93	$23,219
May 2013	193	150	94.83	4.15	$18,925
Apr 2013	0	840	93.96	4.28	$3,597
Mar 2013	0	926	93.62	3.91	$3,623
Feb 2013	172	1,141	91.23	3.42	$19,594
Jan 2013	0	1,962	91.60	3.42	$6,710
Dec 2012	173	1,061	86.77	3.42	$18,640
Nov 2012	0	845	86.95	3.62	$3,063
Oct 2012	196	1,691	89.38	3.40	$23,267
Sep 2012	0	1,193	94.67	2.92	$3,482
Aug 2012	179	1,328	92.66	2.91	$20,448
Jul 2012	172	2,246	85.13	3.02	$21,427
Jun 2012	0	2,501	79.82	2.52	$6,300
May 2012	175	2,899	91.61	2.49	$23,245
Apr 2012	184	4,392	101.65	2.00	$27,474
Mar 2012	369	3,886	105.05	2.22	$47,398
Feb 2012	369	3,787	101.10	2.57	$47,039
Jan 2012	561	142	98.09	2.73	$55,417
Dec 2011	0	155	96.87	3.24	$502
Nov 2011	0	44	95.72	3.31	$146
Oct 2011	0	256	84.98	3.65	$934
Sep 2011	0	80	83.62	3.99	$319
Aug 2011	0	99	83.40	4.15	$411
Jul 2011	0	201	94.14	4.52	$908
Jun 2011	0	91	92.90	4.64	$422
May 2011	0	33	98.13	4.40	$145
Apr 2011	0	0	105.96	4.33	$0
Mar 2011	0	160	96.36	4.06	$649
Feb 2011	0	96	85.64	4.18	$401
Jan 2011	0	56	86.50	4.59	$257
Dec 2010	40	53	85.73	4.35	$3,660
Nov 2010	0	109	80.84	3.80	$414
Oct 2010	0	105	78.10	3.51	$368
Sep 2010	0	110	72.63	3.98	$438
Aug 2010	0	70	73.68	4.42	$309
Jul 2010	0	113	72.55	4.74	$535
Jun 2010	0	138	70.36	4.91	$678
May 2010	0	75	71.12	4.24	$318
Apr 2010	0	82	81.69	4.12	$338
Mar 2010	0	85	78.39	4.39	$373
Feb 2010	0	111	73.58	5.44	$604
Jan 2010	0	138	74.36	5.96	$823
Dec 2009	0	101	71.44	5.48	$554
Nov 2009	0	129	74.59	3.75	$484
Oct 2009	0	93	72.54	4.11	$382
Sep 2009	0	166	65.54	3.06	$509
Aug 2009	0	108	67.42	3.22	$348
Jul 2009	0	116	61.13	3.46	$402
Jun 2009	0	125	66.16	3.90	$487
May 2009	0	159	54.74	3.93	$624
Apr 2009	0	126	46.77	3.59	$452
Mar 2009	0	193	42.14	4.06	$783
Feb 2009	0	347	32.81	4.63	$1,608
Jan 2009	0	152	35.86	5.37	$816
Dec 2008	0	340	37.10	5.98	$2,032
Nov 2008	0	225	55.49	6.86	$1,544
Oct 2008	0	328	75.24	6.92	$2,270
Sep 2008	0	452	101.76	7.88	$3,560
Aug 2008	0	98	114.22	8.48	$831
Jul 2008	0	290	131.08	11.39	$3,303
Jun 2008	0	480	131.33	13.03	$6,256
May 2008	0	314	123.17	11.57	$3,634
Apr 2008	0	1,374	110.31	10.45	$14,365
Mar 2008	0	0	101.90	9.66	$0
Feb 2008	0	0	92.53	8.77	$0
Jan 2008	0	0	90.38	8.21	$0
Dec 2007	0	0	88.33	7.30	$0
Nov 2007	0	0	91.67	7.29	$0
Oct 2007	0	0	82.85	6.92	$0
Sep 2007	0	0	75.84	6.24	$0
Aug 2007	0	0	69.06	6.39	$0
Jul 2007	35	0	70.90	6.39	$2,482
Jun 2007	193	75	62.00	7.55	$12,532
May 2007	0	72	58.74	7.85	$565
Apr 2007	0	0	59.61	7.81	$0
Mar 2007	0	0	56.92	7.30	$0
Feb 2007	0	62	55.10	8.22	$509
Jan 2007	0	335	50.30	6.73	$2,253
Dec 2006	0	503	56.65	6.92	$3,480
Nov 2006	0	205	54.20	7.62	$1,562
Oct 2006	0	1,452	54.90	6.01	$8,732
Sep 2006	0	1,109	60.08	5.04	$5,586
Aug 2006	0	1,019	68.71	7.34	$7,479
Jul 2006	0	519	69.37	6.34	$3,292
Jun 2006	0	128	66.28	6.38	$817
May 2006	0	254	66.01	6.42	$1,632
Apr 2006	0	4,121	64.39	7.36	$30,333
Mar 2006	0	2,158	56.70	7.08	$15,285
Feb 2006	0	1,251	57.59	7.75	$9,697
Jan 2006	0	1,081	60.59	8.93	$9,657
Dec 2005	0	1,034	54.94	13.42	$13,872
Nov 2005	189	2,157	54.69	10.59	$33,176
Oct 2005	0	1,816	58.34	13.80	$25,053
Sep 2005	0	1,647	61.45	12.08	$19,894
Aug 2005	0	2,009	61.51	9.80	$19,682
Jul 2005	0	2,179	55.69	7.84	$17,091
Jun 2005	0	2,559	52.33	7.38	$18,888
May 2005	0	2,793	45.22	6.65	$18,577
Apr 2005	0	1,644	49.20	7.36	$12,101
Mar 2005	0	1,465	50.37	7.15	$10,482
Feb 2005	0	1,465	45.22	6.31	$9,247
Jan 2005	0	811	43.16	6.32	$5,127
Dec 2004	0	1,423	39.86	6.75	$9,607
Nov 2004	0	1,189	45.28	6.33	$7,527
Oct 2004	0	1,175	49.70	6.52	$7,655
Sep 2004	0	1,171	43.24	5.28	$6,187
Aug 2004	0	350	42.37	5.55	$1,943
Jul 2004	0	814	38.28	6.08	$4,953
Jun 2004	0	665	36.10	6.43	$4,278
May 2004	0	698	37.48	6.49	$4,533
Apr 2004	0	1,352	34.47	5.86	$7,921
Mar 2004	0	0	34.36	5.53	$0
Feb 2004	0	1,551	32.45	5.51	$8,545
Jan 2004	0	0	32.03	6.30	$0
Dec 2003	0	0	30.26	6.30	$0
Nov 2003	0	0	28.80	4.60	$0
Oct 2003	0	0	28.17	4.76	$0
Sep 2003	0	0	26.31	4.75	$0
Aug 2003	0	0	29.76	5.13	$0
Jul 2003	0	0	29.41	5.17	$0
Jun 2003	0	0	28.56	5.98	$0
May 2003	0	0	26.59	5.97	$0
Apr 2003	0	0	26.67	5.41	$0
Mar 2003	0	0	31.14	6.10	$0
Feb 2003	0	0	33.48	7.93	$0
Jan 2003	0	0	30.31	5.58	$0
Dec 2002	167	86	26.91	4.85	$4,911
Nov 2002	0	113	24.66	4.14	$467
Oct 2002	0	132	26.46	4.23	$558
Sep 2002	0	510	27.44	3.64	$1,854
Aug 2002	0	1,673	25.96	3.16	$5,294
Jul 2002	0	1,506	24.58	3.06	$4,611
Jun 2002	0	1,400	23.73	3.34	$4,674
May 2002	0	2,667	24.66	3.58	$9,559
Apr 2002	0	1,136	23.65	3.51	$3,990
Mar 2002	0	1,239	22.00	3.10	$3,844

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.

Jan 2016 — as filed, then multipliedworked

Condensate             3 bbl  × $ 27.35 =        $82
Gas                    3 Mcf  × $  2.36 =         $7

────────────────────────────────────────────────────
Month total                                      $89

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/188426 is the state's own key, not one this site invented.