MEADOWS 5

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 208662District 10Field 131472852 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.2 M
Feb 2005 – Sep 2018
Value, last 12 filed months
$0
at the published price for each month
Months reported
164
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 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.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112005-08-10164488
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
CondensateDisposition1,055 bbl$67,529
GasProduction146,735 Mcf$1,118,405
Total$1,185,934

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 35.6984, -100.2660. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.69843, -100.26601 · 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
12,512 ft
1 wells filed one
Completion to plug
11.5 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 12,512 ft.

Completions filed
Mar 2007
1 of 1 wells
Plug dates filed
Sep 2018
1 of 1 wells

Last completion to plug: a median of 11.5 years across the 1 well that filed both dates, with the middle half between 11.5 years and 11.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-21132946512,512 ftMar 2007Sep 2018Yes

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 (164)

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

164 months

Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
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 201081073.684.42$5,968
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 201054071.124.24$3,840
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 200902967.423.22$93
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 200901454.743.93$55
Apr 20090046.773.59$0
Mar 20090842.144.06$32
Feb 2009032032.814.63$1,483
Jan 2009035135.865.37$1,885
Dec 2008038937.105.98$2,325
Nov 2008039255.496.86$2,689
Oct 2008040475.246.92$2,796
Sep 20080338101.767.88$2,662
Aug 20080407114.228.48$3,453
Jul 20080264131.0811.39$3,007
Jun 20080266131.3313.03$3,467
May 20080240123.1711.57$2,778
Apr 20080336110.3110.45$3,513
Mar 20080155101.909.66$1,498
Feb 2008013992.538.77$1,219
Jan 2008038090.388.21$3,118
Dec 200702,98588.337.30$21,796
Nov 20071853,29091.677.29$40,949
Oct 200703,29582.856.92$22,808
Sep 200703,21675.846.24$20,081
Aug 200703,08869.066.39$19,726
Jul 200703,07770.906.39$19,656
Jun 200702,95262.007.55$22,283
May 200702,98658.747.85$23,429
Apr 200702,48659.617.81$19,404
Mar 200701,25756.927.30$9,179
Feb 200702,23155.108.22$18,330
Jan 200702,41850.306.73$16,266
Dec 200602,68356.656.92$18,562
Nov 20061802,58854.207.62$29,470
Oct 200602,79054.906.01$16,779
Sep 200602,74560.085.04$13,827
Aug 200602,93368.717.34$21,528
Jul 200603,00769.376.34$19,073
Jun 200602,95666.286.38$18,871
May 200603,07966.016.42$19,783
Apr 20061713,06164.397.36$33,541
Mar 200603,01156.707.08$21,327
Feb 200602,88257.597.75$22,339
Jan 200603,32560.598.93$29,703
Dec 20051923,42854.9413.42$56,536
Nov 200503,56154.6910.59$37,705
Oct 200503,92058.3413.80$54,079
Sep 200503,18461.4512.08$38,460
Aug 200503,93661.519.80$38,560
Jul 200503,58355.697.84$28,104
Jun 200504,73152.337.38$34,920
May 200506,00945.226.65$39,967
Apr 20051927,67749.207.36$65,953
Mar 2005015,27750.377.15$109,305
Feb 2005018,65645.226.31$117,755

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.

Aug 2010 — as filed, then multipliedworked
Condensate            81 bbl  × $ 73.68 =     $5,968
Gas                    0 Mcf  × $  4.42 =         $0

────────────────────────────────────────────────────
Month total                                   $5,968

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/208662 is the state's own key, not one this site invented.