WELLS

Operated by RANGE PRODUCTION COMPANY (P-5 691703) in the CREE-FLOWERS (GRANITE WASH) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 235495District 10Field 216176662 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.8 M
Dec 2007 – Nov 2012
Value, last 12 filed months
$18 k
at the published price for each month
Months reported
60
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 6 leases and 7 wells, and the rule below applies to all of them.

Discovered
1970-08-01
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,320 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 1994-07-18.

The Commission's schedule remark for this field reads: ALLOCATION FORMULA SUSPENDED EFECTIVE 3/1/95

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 Gas112008-09-11185520
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
CondensateDisposition18,461 bbl$1,661,248
GasProduction287,930 Mcf$2,122,286
Total$3,783,534

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 35.8577, -100.7566. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.85774, -100.75657 · 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
9,286 ft
1 wells filed one
Completion to plug
4.5 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 9,286 ft.

Completions filed
Dec 2007
1 of 1 wells
Plug dates filed
Jun 2012
1 of 1 wells

Last completion to plug: a median of 4.5 years across the 1 well that filed both dates, with the middle half between 4.5 years and 4.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3933200530809,286 ftDec 2007Jun 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 (60)

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

60 months

Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 2012144094.672.92$13,632
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 2012460101.102.57$4,651
Jan 20120098.092.73$0
Dec 201106696.873.24$214
Nov 2011034195.723.31$1,129
Oct 20115292,90984.983.65$55,568
Sep 201102,16383.623.99$8,621
Aug 20113143,44183.404.15$40,465
Jul 20113834,14094.144.52$54,757
Jun 20111892,69592.904.64$30,063
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 2011040085.644.18$1,672
Jan 20111983,23186.504.59$31,953
Dec 20102002,52885.734.35$28,137
Nov 20101983,68880.843.80$30,004
Oct 20103963,17678.103.51$42,072
Sep 201003,46972.633.98$13,805
Aug 20103664,10873.684.42$45,122
Jul 20103864,21372.554.74$47,959
Jun 20107712,53770.364.91$66,705
May 201004,04771.124.24$17,140
Apr 20100081.694.12$0
Mar 201001,58178.394.39$6,938
Feb 201003,12573.585.44$17,007
Jan 20103853,95774.365.96$52,229
Dec 200904,91271.445.48$26,936
Nov 20091794,78674.593.75$31,306
Oct 20093625,09972.544.11$47,218
Sep 20097235,25265.543.06$63,481
Aug 20097107,05667.423.22$70,578
Jul 20091806,18061.133.46$32,414
Jun 20093595,84966.163.90$46,533
May 200907,43454.743.93$29,184
Apr 2009046046.773.59$1,650
Mar 200902242.144.06$89
Feb 200901,74432.814.63$8,080
Jan 20091916,94735.865.37$44,162
Dec 20083706,86037.105.98$54,730
Nov 200807,58355.496.86$52,022
Oct 20084228,44975.246.92$90,235
Sep 20083999,295101.767.88$113,820
Aug 200856011,325114.228.48$160,033
Jul 200819112,430131.0811.39$166,607
Jun 200895013,141131.3313.03$296,025
May 200874912,766123.1711.57$240,012
Apr 20081,10117,052110.3110.45$299,728
Mar 20081,15121,704101.909.66$327,036
Feb 20083,49041,94292.538.77$690,785
Jan 20081,86912,32790.388.21$270,072
Dec 200701,50088.337.30$10,953

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 2012 — as filed, then multipliedworked
Condensate           144 bbl  × $ 94.67 =    $13,632
Gas                    0 Mcf  × $  2.92 =         $0

────────────────────────────────────────────────────
Month total                                  $13,632

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/235495 is the state's own key, not one this site invented.