ARMSTRONG

Operated by ZEPHYR LONE STAR OPER CO.,L.L.C. (P-5 950639) 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 245403District 10Field 86125250CondensateGasSave
Value, all time
$3.0 M
Oct 2008 – Dec 2019
Value, last 12 filed months
$2 k
at the published price for each month
Months reported
135
no gaps in the span
Streams
2
condensate, gas

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
CondensateDisposition8,832 bbl$572,934
GasProduction528,381 Mcf$2,389,980
Total$2,962,914

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 35.4696, -100.0126. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.46961, -100.01264 · 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
13,500 ft
1 wells filed one
Completion to plug
11.2 years
median over 1 wells

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 13,500 ft.

Completions filed
Oct 2008
1 of 1 wells
Plug dates filed
Dec 2019
1 of 1 wells

Last completion to plug: a median of 11.2 years across the 1 well that filed both dates, with the middle half between 11.2 years and 11.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-48332738902013,500 ftOct 2008Dec 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 (135)

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

135 months

Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 201951046.033.23$2,348
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
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 201703455.423.12$106
Oct 201707249.292.98$215
Sep 2017010547.523.09$324
Aug 2017011545.373.00$346
Jul 2017012843.873.09$395
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
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 2015196132.362.00$6,345
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 2015186040.162.87$7,470
Jul 20150048.152.95$0
Jun 20150356.152.88$9
May 20150055.212.96$0
Apr 201502,16849.822.71$5,868
Mar 201507,91142.892.93$23,216
Feb 20151955,59544.662.98$25,360
Jan 201503,12943.433.10$9,702
Dec 201401,11654.693.59$4,008
Nov 2014071570.464.25$3,040
Oct 2014070678.303.90$2,754
Sep 2014059786.164.05$2,415
Aug 2014027489.394.04$1,106
Jul 2014017996.564.18$748
Jun 201401,25198.164.74$5,926
May 201401,69494.734.73$8,007
Apr 201402,88895.944.81$13,889
Mar 201403,17695.895.06$16,060
Feb 201403,24197.406.19$20,068
Jan 201401,33190.404.86$6,470
Dec 201302,02891.824.35$8,831
Nov 20131864,04188.853.74$31,632
Oct 201305,37997.423.78$20,329
Sep 20131734,370104.113.72$34,258
Aug 201304,013104.253.52$14,136
Jul 20131834,619102.523.72$35,933
Jun 201304,33594.403.93$17,051
May 201304,93094.834.15$20,455
Apr 201305,54393.964.28$23,738
Mar 201302,09093.623.91$8,178
Feb 201304,53391.233.42$15,502
Jan 20131913,32091.603.42$28,850
Dec 201203,50886.773.42$11,998
Nov 201204,04686.953.62$14,667
Oct 201204,81289.383.40$16,359
Sep 20121864,76094.672.92$31,500
Aug 201203,96792.662.91$11,537
Jul 201204,29185.133.02$12,962
Jun 20121754,04279.822.52$24,150
May 20122155,10491.612.49$32,397
Apr 201204,717101.652.00$9,419
Mar 201204,538105.052.22$10,084
Feb 201203,313101.102.57$8,515
Jan 201205,48798.092.73$15,002
Dec 20111905,34896.873.24$35,731
Nov 201104,96695.723.31$16,444
Oct 20111863,03284.983.65$26,869
Sep 201104,72783.623.99$18,841
Aug 201104,77983.404.15$19,830
Jul 201104,70394.144.52$21,245
Jun 20111895,06092.904.64$41,036
May 20111815,32998.134.40$41,235
Apr 201103,919105.964.33$16,982
Mar 20111703,67796.364.06$31,300
Feb 201104,41585.644.18$18,455
Jan 201104,50386.504.59$20,663
Dec 201004,86785.734.35$21,161
Nov 201003,87380.843.80$14,699
Oct 201005,96778.103.51$20,938
Sep 201006,62772.633.98$26,372
Aug 201006,35473.684.42$28,081
Jul 201007,10172.554.74$33,634
Jun 201006,76670.364.91$33,224
May 201006,40471.124.24$27,122
Apr 2010072681.694.12$2,993
Mar 20101947,57478.394.39$48,447
Feb 201006,99173.585.44$38,048
Jan 20101968,68974.365.96$66,397
Dec 20092058,00271.445.48$58,526
Nov 20091999,13174.593.75$49,098
Oct 20091899,86872.544.11$54,270
Sep 200938710,20665.543.06$56,643
Aug 200918311,12167.423.22$48,131
Jul 2009011,98561.133.46$41,522
Jun 200936812,46766.163.90$72,906
May 200918512,55954.743.93$59,430
Apr 200918613,44446.773.59$56,930
Mar 200938317,31742.144.06$86,429
Feb 200936818,13832.814.63$96,107
Jan 200957823,76335.865.37$148,358
Dec 200857027,67237.105.98$186,546
Nov 200893134,51055.496.86$288,412
Oct 200885743,58675.246.92$366,182

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 2019 — as filed, then multipliedworked
Condensate            51 bbl  × $ 46.03 =     $2,348
Gas                    0 Mcf  × $  3.23 =         $0

────────────────────────────────────────────────────
Month total                                   $2,348

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/245403 is the state's own key, not one this site invented.