PURYEAR

Operated by QEP ENERGY COMPANY (P-5 684474) in the BRITT RANCH W. (GRANITE WASH A ) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 196343District 10Field 120643502 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.6 M
Jun 2003 – Mar 2012
Value, last 12 filed months
$45 k
at the published price for each month
Months reported
106
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 44 leases and 44 wells, and the rule below applies to all of them.

Discovered
1984-06-14
as the register files it
Field class
Oil and 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: PER LETTER OF 7/20/92 ALLOCATON FORMULA SUSPENDED EFF. 9/1/92

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 Gas112004-03-18154633
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
CondensateDisposition21,391 bbl$1,035,504
GasProduction546,659 Mcf$3,593,471
Total$4,628,974

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 35.4787, -100.1255. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.47865, -100.12548 · 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
12,450 ft
1 wells filed one
Completion to plug
8.1 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 12,450 ft.

Completions filed
Jun 2003
1 of 1 wells
Plug dates filed
Jul 2011
1 of 1 wells

Last completion to plug: a median of 8.1 years across the 1 well that filed both dates, with the middle half between 8.1 years and 8.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-48331625202712,450 ftJun 2003Jul 2011Yes

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 (106)

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

106 months

Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 201154096.873.24$5,231
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 20113784105.964.33$40,070
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 201001,02778.103.51$3,604
Sep 201002,27672.633.98$9,057
Aug 201001,86773.684.42$8,251
Jul 20101872,16972.554.74$23,840
Jun 201002,69570.364.91$13,234
May 201002,87671.124.24$12,180
Apr 20103323,01681.694.12$39,555
Mar 201003,21978.394.39$14,127
Feb 201001,33673.585.44$7,271
Jan 201001,89974.365.96$11,326
Dec 200902,00471.445.48$10,989
Nov 20091841,94974.593.75$21,036
Oct 200901,85172.544.11$7,608
Sep 200901,76365.543.06$5,403
Aug 200902,08867.423.22$6,720
Jul 20091791,42861.133.46$15,890
Jun 200901,79066.163.90$6,972
May 200901,87854.743.93$7,373
Apr 200901,32646.773.59$4,757
Mar 2009049942.144.06$2,025
Feb 200903032.814.63$139
Jan 20093693,09935.865.37$29,877
Dec 200804,18937.105.98$25,038
Nov 200803,38255.496.86$23,202
Oct 200803,64875.246.92$25,251
Sep 20081844,045101.767.88$50,587
Aug 200804,377114.228.48$37,130
Jul 20081834,275131.0811.39$72,677
Jun 20081834,390131.3313.03$81,247
May 200803,995123.1711.57$46,239
Apr 20081793,715110.3110.45$58,585
Mar 200804,344101.909.66$41,981
Feb 20081813,80692.538.77$50,129
Jan 20081924,30390.388.21$52,662
Dec 200704,13388.337.30$30,179
Nov 20071894,44791.677.29$49,752
Oct 200703,46982.856.92$24,012
Sep 20071914,63975.846.24$43,452
Aug 20071814,67369.066.39$42,351
Jul 200704,47170.906.39$28,560
Jun 20071794,40962.007.55$44,379
May 20071934,79958.747.85$48,991
Apr 20071895,35459.617.81$53,055
Mar 20071905,39156.927.30$50,180
Feb 200704,79255.108.22$39,371
Jan 20071845,12450.306.73$43,724
Dec 200605,36256.656.92$37,097
Nov 20061835,52454.207.62$51,998
Oct 20061835,01254.906.01$40,188
Sep 20061784,53260.085.04$33,523
Aug 20061845,68768.717.34$54,385
Jul 20061783,33769.376.34$33,514
Jun 20061863,66166.286.38$35,699
May 20061815,57266.016.42$47,748
Apr 200603,82464.397.36$28,146
Mar 20061984,43056.707.08$42,604
Feb 20061893,97857.597.75$41,718
Jan 20061844,32860.598.93$49,812
Dec 20053745,23154.9413.42$90,724
Nov 20051815,93154.6910.59$72,699
Oct 20053575,23358.3413.80$93,021
Sep 20051886,91361.4512.08$95,055
Aug 20053776,74161.519.80$89,230
Jul 20051886,80355.697.84$63,830
Jun 20053667,14552.337.38$71,890
May 20053728,14245.226.65$70,976
Apr 20053729,01249.207.36$84,635
Mar 20051845,52250.377.15$48,777
Feb 20055618,77645.226.31$80,762
Jan 200505,28543.166.32$33,413
Dec 20043697,88639.866.75$67,947
Nov 20043627,60545.286.33$64,534
Oct 200456210,14649.706.52$94,034
Sep 20043818,95643.245.28$63,797
Aug 20045128,08342.375.55$66,559
Jul 200455411,40238.286.08$90,579
Jun 200434611,53736.106.43$86,708
May 200437511,89037.486.49$91,276
Apr 200455613,10234.475.86$95,923
Mar 200452914,02134.365.53$95,715
Feb 200474513,17332.455.51$96,753
Jan 200455613,99232.036.30$105,953
Dec 200373914,08430.266.30$111,114
Nov 200357616,38028.804.60$91,858
Oct 200393620,44428.174.76$123,673
Sep 200393320,55326.314.75$122,161
Aug 20031,09725,18929.765.13$161,859
Jul 20031,61830,79729.415.17$206,832
Jun 200305,17928.565.98$30,986

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.

Dec 2011 — as filed, then multipliedworked
Condensate            54 bbl  × $ 96.87 =     $5,231
Gas                    0 Mcf  × $  3.24 =         $0

────────────────────────────────────────────────────
Month total                                   $5,231

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/196343 is the state's own key, not one this site invented.