NANCY

Operated by BENSON-MCCOWN & COMPANY (P-5 65846) in the CANDICE (MORROW) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 224126District 10Field 15268500CondensateGasSaveExport
Value, all time
$455 k
Jun 2006 – Apr 2015
Value, last 12 filed months
$23 k
at the published price for each month
Months reported
107
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 12 leases and 12 wells, and the rule below applies to all of them.

Discovered
1979-08-28
as the register files it
Field class
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: ALLOCATION FORMULA SUSPENDED EFF. 11/1/93

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
CondensateDisposition895 bbl$74,173
GasProduction66,100 Mcf$380,342
Total$454,515

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 35.5495, -100.4005. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.54945, -100.40046 · 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
13,196 ft
1 wells filed one
Completion to plug
8.8 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 13,196 ft.

Completions filed
Jun 2006
1 of 1 wells
Plug dates filed
Apr 2015
1 of 1 wells

Last completion to plug: a median of 8.8 years across the 1 well that filed both dates, with the middle half between 8.8 years and 8.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-48331825113,196 ftJun 2006Apr 2015Yes

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 (107)

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

107 months

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 201417240596.564.18$18,301
Jun 2014063598.164.74$3,008
May 2014034494.734.73$1,626
Apr 201405395.944.81$255
Mar 201401495.895.06$71
Feb 201408097.406.19$495
Jan 201401,08790.404.86$5,284
Dec 201301,09091.824.35$4,746
Nov 201301,13888.853.74$4,254
Oct 20131791,04297.423.78$21,376
Sep 20130667104.113.72$2,480
Aug 20130896104.253.52$3,156
Jul 20130949102.523.72$3,528
Jun 2013077994.403.93$3,064
May 2013086994.834.15$3,606
Apr 2013038593.964.28$1,649
Mar 201319023693.623.91$18,711
Feb 201304891.233.42$164
Jan 201309791.603.42$332
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 201203485.133.02$103
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201203101.652.00$6
Mar 20120787105.052.22$1,749
Feb 201201,158101.102.57$2,976
Jan 201201,12898.092.73$3,084
Dec 201101,03296.873.24$3,343
Nov 2011057495.723.31$1,901
Oct 2011024184.983.65$879
Sep 201109383.623.99$371
Aug 20110083.404.15$0
Jul 2011057894.144.52$2,611
Jun 2011098792.904.64$4,580
May 201101,05398.134.40$4,638
Apr 20110427105.964.33$1,850
Mar 2011015696.364.06$633
Feb 20110085.644.18$0
Jan 2011016786.504.59$766
Dec 2010034785.734.35$1,509
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 2010049871.124.24$2,109
Apr 2010090681.694.12$3,735
Mar 2010049878.394.39$2,186
Feb 2010012673.585.44$686
Jan 20100674.365.96$36
Dec 200901,11371.445.48$6,103
Nov 200901,42874.593.75$5,357
Oct 200901,60672.544.11$6,601
Sep 200901,33665.543.06$4,095
Aug 20091781,37067.423.22$16,410
Jul 200901,11861.133.46$3,873
Jun 2009076866.163.90$2,991
May 200903954.743.93$153
Apr 2009016746.773.59$599
Mar 200901,29542.144.06$5,256
Feb 200901,66932.814.63$7,732
Jan 200902,10935.865.37$11,327
Dec 200802,37437.105.98$14,190
Nov 200801,55355.496.86$10,654
Oct 200801,76775.246.92$12,231
Sep 200801,914101.767.88$15,077
Aug 200802,096114.228.48$17,780
Jul 200801,395131.0811.39$15,888
Jun 200801,682131.3313.03$21,921
May 20080746123.1711.57$8,634
Apr 20080820110.3110.45$8,573
Mar 200802101.909.66$19
Feb 2008010892.538.77$947
Jan 2008029090.388.21$2,380
Dec 2007029088.337.30$2,118
Nov 2007033391.677.29$2,428
Oct 2007065182.856.92$4,506
Sep 200701,16275.846.24$7,256
Aug 200701,37269.066.39$8,764
Jul 20070870.906.39$51
Jun 200701,25062.007.55$9,436
May 200717619858.747.85$11,892
Apr 20070059.617.81$0
Mar 2007085456.927.30$6,236
Feb 200701,12855.108.22$9,268
Jan 200702,67750.306.73$18,008
Dec 200602,26356.656.92$15,656
Nov 200601,84954.207.62$14,085
Oct 2006076354.906.01$4,589
Sep 2006052560.085.04$2,645
Aug 2006039968.717.34$2,929
Jul 20060069.376.34$0
Jun 20060066.286.38$0

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.

Jul 2014 — as filed, then multipliedworked
Condensate           172 bbl  × $ 96.56 =    $16,608
Gas                  405 Mcf  × $  4.18 =     $1,693

────────────────────────────────────────────────────
Month total                                  $18,301

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/224126 is the state's own key, not one this site invented.