FREEMAN

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

Gas lease lease 223007District 10Field 89120001GasSaveExport
Value, all time
$87 k
Aug 2006 – Mar 2012
Value, last 12 filed months
$0
at the published price for each month
Months reported
68
no gaps in the span
Streams
1
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 1,719 leases and 1,719 wells, and the rule below applies to all of them.

Discovered
1945-06-25
as the register files it
Field class
Gas
the register's own label
Between wells
2,500 ft
minimum
From a lease line
1,250 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 1996-02-01.

The Commission's schedule remark for this field reads: OPTIONS.

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
GasProduction12,975 Mcf$86,867
Total$86,867

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 36.4006, -101.5935. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.40062, -101.59350 · 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
6,950 ft
1 wells filed one
Completion to plug
5.6 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 6,950 ft.

Completions filed
Aug 2006
1 of 1 wells
Plug dates filed
Mar 2012
1 of 1 wells

Last completion to plug: a median of 5.6 years across the 1 well that filed both dates, with the middle half between 5.6 years and 5.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-1953174620906,950 ftAug 2006Mar 2012Yes

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 (68)

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

68 months

Mar 20120105.052.22$0
Feb 20120101.102.57$0
Jan 2012098.092.73$0
Dec 2011096.873.24$0
Nov 2011095.723.31$0
Oct 2011084.983.65$0
Sep 2011083.623.99$0
Aug 2011083.404.15$0
Jul 2011094.144.52$0
Jun 2011092.904.64$0
May 2011098.134.40$0
Apr 20110105.964.33$0
Mar 2011096.364.06$0
Feb 2011085.644.18$0
Jan 2011086.504.59$0
Dec 2010085.734.35$0
Nov 201012680.843.80$478
Oct 201012378.103.51$432
Sep 2010072.633.98$0
Aug 201078373.684.42$3,460
Jul 20104972.554.74$232
Jun 20107970.364.91$388
May 201011271.124.24$474
Apr 20107481.694.12$305
Mar 201010778.394.39$470
Feb 20109173.585.44$495
Jan 20109474.365.96$561
Dec 20098871.445.48$483
Nov 20099774.593.75$364
Oct 200911672.544.11$477
Sep 200910865.543.06$331
Aug 200911467.423.22$367
Jul 200910561.133.46$364
Jun 200911266.163.90$436
May 20099854.743.93$385
Apr 200915946.773.59$570
Mar 200919142.144.06$775
Feb 200915432.814.63$713
Jan 200917335.865.37$929
Dec 200817637.105.98$1,052
Nov 200817555.496.86$1,201
Oct 200818475.246.92$1,274
Sep 2008184101.767.88$1,449
Aug 2008195114.228.48$1,654
Jul 2008198131.0811.39$2,255
Jun 2008197131.3313.03$2,567
May 2008210123.1711.57$2,431
Apr 2008206110.3110.45$2,154
Mar 2008218101.909.66$2,107
Feb 200820892.538.77$1,824
Jan 200823190.388.21$1,896
Dec 200724088.337.30$1,752
Nov 200724091.677.29$1,750
Oct 200725782.856.92$1,779
Sep 200726075.846.24$1,623
Aug 200726969.066.39$1,718
Jul 200722370.906.39$1,425
Jun 200731362.007.55$2,363
May 200768458.747.85$5,367
Apr 200757059.617.81$4,449
Mar 200753656.927.30$3,914
Feb 200724855.108.22$2,038
Jan 200733450.306.73$2,247
Dec 200660956.656.92$4,213
Nov 200695754.207.62$7,290
Oct 20061,01554.906.01$6,104
Sep 200667160.085.04$3,380
Aug 20061468.717.34$103

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.

Nov 2010 — as filed, then multipliedworked
Gas                  126 Mcf  × $  3.80 =       $478

────────────────────────────────────────────────────
Month total                                     $478

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/223007 is the state's own key, not one this site invented.