RIZLEY 22

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 230239District 10Field 861252502 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.8 M
Jun 2007 – Feb 2019
Value, last 12 filed months
$6 k
at the published price for each month
Months reported
141
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 Gas112007-11-26176620
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
CondensateDisposition10,769 bbl$904,179
GasProduction818,394 Mcf$4,923,443
Total$5,827,622

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 35.4863, -100.0386. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.48631, -100.03855 · 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
16,250 ft
1 wells filed one
Completion to plug
10.8 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 16,250 ft.

Completions filed
May 2008
1 of 1 wells
Plug dates filed
Feb 2019
1 of 1 wells

Last completion to plug: a median of 10.8 years across the 1 well that filed both dates, with the middle half between 10.8 years and 10.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-48332283316,250 ftMay 2008Feb 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 (141)

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

141 months

Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 201801,78659.543.11$5,551
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 2017043943.873.09$1,355
Jun 2017014742.493.09$454
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170146.772.98$3
Feb 20170250.452.95$6
Jan 20170249.413.42$7
Dec 20160148.763.72$4
Nov 20160242.492.64$5
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 20151032.362.00$32
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 20158056.152.88$449
May 201501,07355.212.96$3,171
Apr 20150049.822.71$0
Mar 20150242.892.93$6
Feb 20150044.662.98$0
Jan 201517915443.433.10$8,251
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 201434894.734.73$3,259
Apr 201405995.944.81$284
Mar 20140095.895.06$0
Feb 20142297.406.19$207
Jan 201411,53290.404.86$7,537
Dec 20131853,15891.824.35$30,738
Nov 201303,31388.853.74$12,385
Oct 201314,37897.423.78$16,643
Sep 201314,203104.113.72$15,730
Aug 20131804,493104.253.52$34,592
Jul 201334,504102.523.72$17,052
Jun 201344,31394.403.93$17,342
May 20131754,77994.834.15$36,424
Apr 201304,57193.964.28$19,576
Mar 201304,42393.623.91$17,307
Feb 201304,49291.233.42$15,362
Jan 20131735,01591.603.42$32,998
Dec 201204,80286.773.42$16,424
Nov 201204,85586.953.62$17,599
Oct 201224,92289.383.40$16,912
Sep 201214,79694.672.92$14,091
Aug 20123675,03892.662.91$48,658
Jul 201205,22785.133.02$15,790
Jun 201205,10179.822.52$12,850
May 201205,25591.612.49$13,076
Apr 201204,994101.652.00$9,972
Mar 201204,244105.052.22$9,431
Feb 20121813,903101.102.57$28,331
Jan 201275,43898.092.73$15,555
Dec 201105,01096.873.24$16,231
Nov 201104,23595.723.31$14,023
Oct 20111804,83584.983.65$32,937
Sep 201105,13183.623.99$20,451
Aug 20111874,35183.404.15$33,649
Jul 20111835,55094.144.52$42,298
Jun 201104,59392.904.64$21,311
May 201105,16298.134.40$22,738
Apr 201165,525105.964.33$24,577
Mar 201163,86796.364.06$16,268
Feb 20111853,22685.644.18$29,328
Jan 201165,18286.504.59$24,298
Dec 201007,14185.734.35$31,047
Nov 201007,28780.843.80$27,657
Oct 20101857,72578.103.51$41,555
Sep 201007,29372.633.98$29,022
Aug 20101736,29973.684.42$40,584
Jul 201008,30072.554.74$39,313
Jun 201008,58370.364.91$42,146
May 20101789,39471.124.24$52,445
Apr 2010010,60981.694.12$43,738
Mar 201018712,14078.394.39$67,937
Feb 201017611,03873.585.44$73,023
Jan 201018413,43174.365.96$93,786
Dec 200918213,67771.445.48$88,003
Nov 200937813,94074.593.75$80,491
Oct 200933815,97672.544.11$90,184
Sep 200934917,40565.543.06$76,215
Aug 200956918,82267.423.22$98,941
Jul 200971919,07561.133.46$110,038
Jun 20097611,47266.163.90$49,712
May 200919113,44454.743.93$63,233
Apr 20091765,92946.773.59$29,502
Mar 200918212,72842.144.06$59,332
Feb 200920013,04232.814.63$66,986
Jan 200939615,78335.865.37$98,971
Dec 200840417,47637.105.98$119,445
Nov 200820118,14355.496.86$135,621
Oct 200819119,61075.246.92$150,111
Sep 200838320,867101.767.88$203,345
Aug 200819325,371114.228.48$237,267
Jul 200875128,731131.0811.39$425,671
Jun 20081,15446,645131.3313.03$759,462
May 200839520,049123.1711.57$280,705
Apr 200804,489110.3110.45$46,932
Mar 200805,581101.909.66$53,935
Feb 200807,76192.538.77$68,068
Jan 200809,50590.388.21$77,995
Dec 2007010,72088.337.30$78,277
Nov 2007012,10491.677.29$88,259
Oct 2007015,17282.856.92$105,020
Sep 2007017,87475.846.24$111,608
Aug 2007023,61269.066.39$150,832
Jul 2007035,11770.906.39$224,325
Jun 2007026,94062.007.55$203,355

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.

Sep 2018 — as filed, then multipliedworked
Condensate             0 bbl  × $ 59.54 =         $0
Gas                1,786 Mcf  × $  3.11 =     $5,551

────────────────────────────────────────────────────
Month total                                   $5,551

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/230239 is the state's own key, not one this site invented.