DAVIS 65

Operated by 4P ENERGY TEXAS, LLC (P-5 953803) in the STILES RANCH (GRANITE WASH CONS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 220229District 10Field 861252502 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.1 M
Aug 2006 – Jan 2019
Value, last 12 filed months
$0
at the published price for each month
Months reported
150
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 906 leases and 906 wells, and the rule below applies to all of them.

Discovered
2008-06-24
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2011-10-11.

The Commission's schedule remark for this field reads: FIELD. EFFECTIVE 4/12/16.

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 Gas112007-04-04173278
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
CondensateDisposition8,143 bbl$545,965
GasProduction861,915 Mcf$5,590,822
Total$6,136,787

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 35.4174, -100.0564. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.41736, -100.05639 · 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
16,600 ft
1 wells filed one
Completion to plug
12.3 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 16,600 ft.

Completions filed
Sep 2006
1 of 1 wells
Plug dates filed
Jan 2019
1 of 1 wells

Last completion to plug: a median of 12.3 years across the 1 well that filed both dates, with the middle half between 12.3 years and 12.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-48332015716,600 ftSep 2006Jan 2019Yes

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 (150)

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

150 months

Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
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 2017013447.933.21$430
Mar 201707146.772.98$212
Feb 201708550.452.95$251
Jan 201707349.413.42$250
Dec 201605448.763.72$201
Nov 201602442.492.64$63
Oct 201603,93746.193.09$12,166
Sep 2016097941.553.10$3,036
Aug 20160041.442.92$0
Jul 201642041.622.92$1,748
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 201520056.152.88$1,123
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 20130197.423.78$4
Sep 2013012104.113.72$45
Aug 2013084104.253.52$296
Jul 201300102.523.72$0
Jun 2013010294.403.93$401
May 201309094.834.15$373
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 201201389.383.40$44
Sep 201203894.672.92$111
Aug 2012010692.662.91$308
Jul 2012017485.133.02$526
Jun 2012021479.822.52$539
May 2012033091.612.49$821
Apr 20120789101.652.00$1,575
Mar 201201,041105.052.22$2,313
Feb 20120724101.102.57$1,861
Jan 20121672,41298.092.73$22,976
Dec 2011127,03496.873.24$23,951
Nov 201196,20995.723.31$21,421
Oct 201123,27584.983.65$12,119
Sep 201162,64683.623.99$11,048
Aug 201111,90583.404.15$7,988
Jul 201134,40094.144.52$20,158
Jun 201133,68092.904.64$17,353
May 201123,22398.134.40$14,393
Apr 201113,012105.964.33$13,158
Mar 201116,54696.364.06$26,656
Feb 201137,05885.644.18$29,759
Jan 201125,65986.504.59$26,141
Dec 2010166,50085.734.35$29,632
Nov 20101155,88380.843.80$31,625
Oct 2010575,54478.103.51$23,905
Sep 2010138,85572.633.98$36,182
Aug 2010137,89473.684.42$35,844
Jul 2010107,16672.554.74$34,667
Jun 20102510,46170.364.91$53,127
May 20101636,47871.124.24$39,028
Apr 201095,19181.694.12$22,136
Mar 2010126,61478.394.39$29,967
Feb 201065,93573.585.44$32,742
Jan 20101766,35774.365.96$51,001
Dec 2009266,09071.445.48$35,253
Nov 2009216,74774.593.75$26,878
Oct 2009177,27472.544.11$31,131
Sep 2009238,94865.543.06$28,931
Aug 20091797,50467.423.22$36,220
Jul 2009167,34861.133.46$26,435
Jun 2009278,37266.163.90$34,395
May 2009143,74354.743.93$15,460
Apr 20092119,32146.773.59$43,308
Mar 2009296,47142.144.06$27,488
Feb 2009398,07732.814.63$38,700
Jan 20092499,16235.865.37$58,138
Dec 2008478,88337.105.98$54,839
Nov 2008349,73355.496.86$68,659
Oct 2008309,85275.246.92$70,453
Sep 200822110,583101.767.88$105,852
Aug 20082711,339114.228.48$99,273
Jul 20083611,198131.0811.39$132,258
Jun 20083811,950131.3313.03$160,730
May 200820811,906123.1711.57$163,423
Apr 20084112,641110.3110.45$136,683
Mar 20085314,666101.909.66$147,134
Feb 200823114,08392.538.77$144,891
Jan 200824014,21990.388.21$138,368
Dec 20077114,38588.337.30$111,310
Nov 20075013,89591.677.29$105,902
Oct 200720317,47882.856.92$137,801
Sep 200720218,34675.846.24$129,875
Aug 200721320,86469.066.39$147,988
Jul 200726023,42470.906.39$168,065
Jun 20079424,81362.007.55$193,128
May 200746228,16658.747.85$248,136
Apr 200725929,92159.617.81$248,978
Mar 200755543,86056.927.30$351,855
Feb 200713226,28455.108.22$223,223
Jan 200753832,33850.306.73$244,594
Dec 200648338,99556.656.92$297,147
Nov 200648634,69554.207.62$290,630
Oct 200672959,02054.906.01$394,957
Sep 200627852,06360.085.04$278,954
Aug 20061824,24668.717.34$43,671

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 2017 — as filed, then multipliedworked
Condensate             0 bbl  × $ 47.93 =         $0
Gas                  134 Mcf  × $  3.21 =       $430

────────────────────────────────────────────────────
Month total                                     $430

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/220229 is the state's own key, not one this site invented.