DOBSON RANCH 40

Name: DOBSON RANCH 40 lease production and value, Oct 2008 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

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 245016District 10Field 861252502 tax incentive programmesCondensateGasSave Export

Value, all time

$3.0 M

Oct 2008 – May 2019

Value, last 12 filed months

at the published price for each month

Months reported

128

no gaps in the span

Streams

condensate, gas

The STILES RANCH (GRANITE WASH CONS) field

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.

Programme	Filings	With an approval date	Dated	Docket
High Cost Gas	1	1	2009-04-22	188704
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	8,002 bbl	$565,559
Gas	Production	548,821 Mcf	$2,449,407
Total			$3,014,966

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 35.4925, -100.0169. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.49252, -100.01694 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

16,010 ft

1 wells filed one

Completion to plug

2 months

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 16,010 ft.

Completions filed

Mar 2019

1 of 1 wells

Plug dates filed

May 2019

1 of 1 wells

Last completion to plug: a median of 2 months across the 1 well that filed both dates, with the middle half between 2 months and 2 months. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-48332716	5	16,010 ft	Mar 2019	May 2019	Yes

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 (128)

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

128 months


May 2019	0	0	58.48	2.74	$0
Apr 2019	0	0	62.63	2.75	$0
Mar 2019	0	0	56.80	3.06	$0
Feb 2019	0	0	50.85	2.79	$0
Jan 2019	0	0	46.03	3.23	$0
Dec 2018	0	0	46.59	4.19	$0
Nov 2018	0	0	52.93	4.24	$0
Oct 2018	0	0	61.44	3.40	$0
Sep 2018	0	0	59.54	3.11	$0
Aug 2018	0	0	59.40	3.07	$0
Jul 2018	0	0	65.14	2.93	$0
Jun 2018	0	0	60.18	3.08	$0
May 2018	0	0	65.38	2.90	$0
Apr 2018	0	0	63.84	2.90	$0
Mar 2018	0	0	61.22	2.79	$0
Feb 2018	0	0	61.78	2.77	$0
Jan 2018	0	0	62.87	4.01	$0
Dec 2017	0	0	57.27	2.92	$0
Nov 2017	0	0	55.42	3.12	$0
Oct 2017	0	0	49.29	2.98	$0
Sep 2017	0	0	47.52	3.09	$0
Aug 2017	0	0	45.37	3.00	$0
Jul 2017	0	0	43.87	3.09	$0
Jun 2017	0	0	42.49	3.09	$0
May 2017	0	0	45.37	3.26	$0
Apr 2017	0	0	47.93	3.21	$0
Mar 2017	0	0	46.77	2.98	$0
Feb 2017	0	0	50.45	2.95	$0
Jan 2017	0	0	49.41	3.42	$0
Dec 2016	0	0	48.76	3.72	$0
Nov 2016	0	0	42.49	2.64	$0
Oct 2016	0	0	46.19	3.09	$0
Sep 2016	0	0	41.55	3.10	$0
Aug 2016	0	0	41.44	2.92	$0
Jul 2016	0	0	41.62	2.92	$0
Jun 2016	0	0	45.35	2.69	$0
May 2016	0	0	42.52	1.99	$0
Apr 2016	0	0	36.56	1.99	$0
Mar 2016	0	0	33.01	1.79	$0
Feb 2016	0	0	26.47	2.06	$0
Jan 2016	0	0	27.35	2.36	$0
Dec 2015	0	0	32.36	2.00	$0
Nov 2015	0	0	38.79	2.17	$0
Oct 2015	0	0	43.55	2.43	$0
Sep 2015	0	0	42.99	2.76	$0
Aug 2015	0	0	40.16	2.87	$0
Jul 2015	0	0	48.15	2.95	$0
Jun 2015	0	0	56.15	2.88	$0
May 2015	0	0	55.21	2.96	$0
Apr 2015	0	0	49.82	2.71	$0
Mar 2015	0	0	42.89	2.93	$0
Feb 2015	0	0	44.66	2.98	$0
Jan 2015	26	0	43.43	3.10	$1,129
Dec 2014	0	0	54.69	3.59	$0
Nov 2014	0	0	70.46	4.25	$0
Oct 2014	0	0	78.30	3.90	$0
Sep 2014	0	0	86.16	4.05	$0
Aug 2014	0	0	89.39	4.04	$0
Jul 2014	0	0	96.56	4.18	$0
Jun 2014	0	0	98.16	4.74	$0
May 2014	144	0	94.73	4.73	$13,641
Apr 2014	1	11	95.94	4.81	$149
Mar 2014	1	3,467	95.89	5.06	$17,628
Feb 2014	2	3,167	97.40	6.19	$19,805
Jan 2014	1	3,240	90.40	4.86	$15,839
Dec 2013	182	3,034	91.82	4.35	$29,923
Nov 2013	0	3,006	88.85	3.74	$11,237
Oct 2013	0	3,040	97.42	3.78	$11,489
Sep 2013	189	2,887	104.11	3.72	$30,410
Aug 2013	1	3,182	104.25	3.52	$11,313
Jul 2013	3	3,184	102.52	3.72	$12,145
Jun 2013	202	3,494	94.40	3.93	$32,812
May 2013	0	3,969	94.83	4.15	$16,468
Apr 2013	1	4,193	93.96	4.28	$18,051
Mar 2013	187	4,871	93.62	3.91	$36,567
Feb 2013	1	4,624	91.23	3.42	$15,905
Jan 2013	196	5,253	91.60	3.42	$35,918
Dec 2012	2	9,295	86.77	3.42	$31,964
Nov 2012	186	7,886	86.95	3.62	$44,759
Oct 2012	183	6,868	89.38	3.40	$39,706
Sep 2012	181	7,476	94.67	2.92	$38,953
Aug 2012	0	8,671	92.66	2.91	$25,217
Jul 2012	358	18,249	85.13	3.02	$85,603
Jun 2012	0	40	79.82	2.52	$101
May 2012	181	2,430	91.61	2.49	$22,628
Apr 2012	0	4,054	101.65	2.00	$8,095
Mar 2012	0	4,901	105.05	2.22	$10,890
Feb 2012	0	3,937	101.10	2.57	$10,119
Jan 2012	6	4,359	98.09	2.73	$12,506
Dec 2011	175	4,480	96.87	3.24	$31,466
Nov 2011	0	5,279	95.72	3.31	$17,480
Oct 2011	0	5,557	84.98	3.65	$20,275
Sep 2011	192	4,884	83.62	3.99	$35,522
Aug 2011	4	4,852	83.40	4.15	$20,466
Jul 2011	170	5,071	94.14	4.52	$38,911
Jun 2011	177	5,099	92.90	4.64	$40,102
May 2011	0	5,319	98.13	4.40	$23,429
Apr 2011	0	5,914	105.96	4.33	$25,627
Mar 2011	0	5,565	96.36	4.06	$22,579
Feb 2011	191	5,098	85.64	4.18	$37,667
Jan 2011	185	6,508	86.50	4.59	$45,866
Dec 2010	0	6,726	85.73	4.35	$29,243
Nov 2010	0	6,754	80.84	3.80	$25,634
Oct 2010	0	7,034	78.10	3.51	$24,682
Sep 2010	177	7,101	72.63	3.98	$41,114
Aug 2010	0	7,253	73.68	4.42	$32,054
Jul 2010	174	7,639	72.55	4.74	$48,806
Jun 2010	0	6,875	70.36	4.91	$33,759
May 2010	181	8,113	71.12	4.24	$47,233
Apr 2010	0	8,223	81.69	4.12	$33,901
Mar 2010	176	8,611	78.39	4.39	$51,587
Feb 2010	191	7,754	73.58	5.44	$56,254
Jan 2010	0	9,473	74.36	5.96	$56,498
Dec 2009	184	9,689	71.44	5.48	$66,277
Nov 2009	188	9,590	74.59	3.75	$50,000
Oct 2009	0	10,940	72.54	4.11	$44,966
Sep 2009	178	11,263	65.54	3.06	$46,184
Aug 2009	175	12,762	67.42	3.22	$52,873
Jul 2009	178	12,918	61.13	3.46	$55,636
Jun 2009	178	12,390	66.16	3.90	$60,036
May 2009	188	15,203	54.74	3.93	$69,974
Apr 2009	177	9,085	46.77	3.59	$40,871
Mar 2009	357	18,560	42.14	4.06	$90,379
Feb 2009	200	18,301	32.81	4.63	$91,351
Jan 2009	393	24,192	35.86	5.37	$144,028
Dec 2008	387	31,071	37.10	5.98	$200,073
Nov 2008	992	48,658	55.49	6.86	$388,857
Oct 2008	0	16,229	75.24	6.92	$112,337

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.

Jan 2015 — as filed, then multipliedworked

Condensate            26 bbl  × $ 43.43 =     $1,129
Gas                    0 Mcf  × $  3.10 =         $0

────────────────────────────────────────────────────
Month total                                   $1,129

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/245016 is the state's own key, not one this site invented.