BALFOUR

Operated by CONOCOPHILLIPS COMPANY (P-5 172232) in the PANHANDLE, WEST field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 24727District 10Field 68831001GasSaveExport
Value, all time
$1.5 M
Jan 1993 – Jan 2011
Value, last 12 filed months
$34 k
at the published price for each month
Months reported
217
no gaps in the span
Streams
1
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 4,532 leases and 4,532 wells, and the rule below applies to all of them.

Discovered
1933-02-08
as the register files it
Field class
Gas
the register's own label
Between wells
660 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 2013-11-12.

The Commission's schedule remark for this field reads: IS HEREBY SUSPENDED.

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
GasProduction583,303 Mcf$1,533,668
Total$1,533,668

247,342 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 35.7136, -102.1868. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.71364, -102.18676 · 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
3,548 ft
1 wells filed one
Completion to plug
39.5 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 3,548 ft.

Completions filed
Jul 1971
1 of 1 wells
Plug dates filed
Jan 2011
1 of 1 wells

Last completion to plug: a median of 39.5 years across the 1 well that filed both dates, with the middle half between 39.5 years and 39.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2050018443,548 ftJul 1971Jan 2011Yes

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 (217)

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

217 months

Jan 2011086.504.59$0
Dec 2010085.734.35$0
Nov 2010080.843.80$0
Oct 2010078.103.51$0
Sep 20102,02372.633.98$8,050
Aug 2010073.684.42$0
Jul 20101,60572.554.74$7,602
Jun 2010170.364.91$5
May 2010171.124.24$4
Apr 2010181.694.12$4
Mar 20101,92578.394.39$8,448
Feb 20101,79573.585.44$9,769
Jan 20101,95274.365.96$11,642
Dec 20091,64371.445.48$9,010
Nov 20091,55474.593.75$5,830
Oct 20092,02672.544.11$8,327
Sep 20091,87965.543.06$5,759
Aug 20092,06367.423.22$6,640
Jul 20092,09061.133.46$7,241
Jun 20091,97666.163.90$7,697
May 20092,18754.743.93$8,586
Apr 20092,02146.773.59$7,250
Mar 20092,15842.144.06$8,759
Feb 200955032.814.63$2,548
Jan 200984135.865.37$4,517
Dec 200853137.105.98$3,174
Nov 20081,34255.496.86$9,207
Oct 20081,03575.246.92$7,164
Sep 2008771101.767.88$6,073
Aug 2008644114.228.48$5,463
Jul 2008552131.0811.39$6,287
Jun 2008558131.3313.03$7,272
May 2008748123.1711.57$8,658
Apr 2008598110.3110.45$6,252
Mar 2008880101.909.66$8,504
Feb 20081,26992.538.77$11,130
Jan 20081,32590.388.21$10,873
Dec 20071,48488.337.30$10,836
Nov 20071,38491.677.29$10,092
Oct 20071,37982.856.92$9,545
Sep 20071,44375.846.24$9,010
Aug 20071,23269.066.39$7,870
Jul 20071,31370.906.39$8,387
Jun 20071,60662.007.55$12,123
May 20071,40058.747.85$10,985
Apr 200793159.617.81$7,267
Mar 20071,62356.927.30$11,851
Feb 20071,62255.108.22$13,326
Jan 20071,53850.306.73$10,346
Dec 20061,36056.656.92$9,409
Nov 20061,72954.207.62$13,171
Oct 20061,73654.906.01$10,440
Sep 20061,50460.085.04$7,576
Aug 20061,32568.717.34$9,725
Jul 20061,59469.376.34$10,110
Jun 20061,48366.286.38$9,467
May 200698766.016.42$6,341
Apr 200698764.397.36$7,265
Mar 20061,34656.707.08$9,534
Feb 20061,03457.597.75$8,015
Jan 20061,52760.598.93$13,641
Dec 20051,59854.9413.42$21,438
Nov 20051,39354.6910.59$14,750
Oct 20051,39558.3413.80$19,245
Sep 200549861.4512.08$6,015
Aug 20051,64361.519.80$16,096
Jul 20051,72255.697.84$13,507
Jun 20051,86352.337.38$13,751
May 20052,02545.226.65$13,469
Apr 20052,09949.207.36$15,450
Mar 20052,40050.377.15$17,172
Feb 20052,31545.226.31$14,612
Jan 20052,46243.166.32$15,565
Dec 20042,53539.866.75$17,114
Nov 20042,09045.286.33$13,231
Oct 20042,12749.706.52$13,858
Sep 20042,52743.245.28$13,352
Aug 20042,29242.375.55$12,722
Jul 20042,18238.286.08$13,276
Jun 20042,43136.106.43$15,639
May 20042,40337.486.49$15,606
Apr 20042,20334.475.86$12,906
Mar 20042,62134.365.53$14,495
Feb 20042,49132.455.51$13,724
Jan 20042,64032.036.30$16,631
Dec 20032,77530.266.30$17,487
Nov 20032,71028.804.60$12,453
Oct 20032,44228.174.76$11,623
Sep 20032,67426.314.75$12,700
Aug 20032,43329.765.13$12,481
Jul 20032,39729.415.17$12,395
Jun 20032,30928.565.98$13,815
May 20032,27126.595.97$13,564
Apr 20031,89326.675.41$10,236
Mar 20032,28331.146.10$13,917
Feb 20032,01033.487.93$15,931
Jan 20032,41630.315.58$13,486
Dec 20022,52826.914.85$12,270
Nov 20022,66724.664.14$11,033
Oct 20022,50726.464.23$10,602
Sep 20022,60427.443.64$9,466
Aug 20022,39825.963.16$7,588
Jul 20022,85124.583.06$8,729
Jun 20022,39223.733.34$7,985
May 20022,36424.663.58$8,473
Apr 20021,98123.653.51$6,958
Mar 20021,31722.003.10$4,086
Feb 20021,63418.222.38$3,882
Jan 20021,94617.172.38$4,623
Dec 20011,95716.932.36$4,627
Nov 20011,66118.072.41$3,996
Oct 20011,75119.782.53$4,428
Sep 200191024.262.25$2,049
Aug 20011,87724.873.05$5,731
Jul 200193723.933.20$2,996
Jun 20011,06724.563.82$4,080
May 20017325.524.31$314
Apr 20011,06524.685.34$5,682
Mar 20012,23524.545.38$12,016
Feb 20012,51427.755.77$14,498
Jan 20013,12527.478.40$26,246
Dec 20003,30526.889.12$30,150
Nov 20002,58032.215.66$14,598
Oct 20002,74431.235.15$14,119
Sep 20002,16731.875.19$11,239
Aug 20001,99829.644.54$9,072
Jul 20001,78028.534.09$7,280
Jun 20001,30529.304.40$5,738
May 20001,15927.263.68$4,265
Apr 20001,49424.513.12$4,655
Mar 20003,12128.422.86$8,925
Feb 20002,28427.622.73$6,227
Jan 20002,12425.272.48$5,269
Dec 19992,49724.282.42$6,052
Nov 19991,88023.192.43$4,576
Oct 19992,70420.982.80$7,581
Sep 19991,66521.752.62$4,360
Aug 19992,67319.262.88$7,686
Jul 19991,62117.892.37$3,846
Jun 19992,21415.942.36$5,230
May 19992,49015.792.32$5,779
Apr 19992,81415.102.21$6,213
Mar 19993,25912.471.84$5,991
Feb 19992,8349.981.82$5,152
Jan 19992,53910.381.90$4,824
Dec 19982,7889.201.77$4,944
Nov 19982,69610.892.19$5,893
Oct 19982,90912.421.97$5,728
Sep 19983,04812.592.08$6,348
Aug 19983,32911.301.91$6,350
Jul 19983,48611.742.24$7,799
Jun 19983,55111.242.24$7,945
May 19983,10312.622.21$6,846
Apr 19984,34813.042.51$10,893
Mar 19984,42912.802.31$10,229
Feb 19984,33413.952.30$9,964
Jan 19985,11714.702.15$11,026
Dec 19973,75316.322.41$9,049
Nov 19973,83718.193.09$11,850
Oct 19973,04319.253.15$9,585
Sep 19973,39317.742.95$10,026
Aug 19973,72017.862.55$9,504
Jul 19973,13417.582.25$7,042
Jun 19972,65617.242.26$5,995
May 19972,76718.972.31$6,388
Apr 19971,69017.882.08$3,520
Mar 19973,10718.951.94$6,025
Feb 19973,42020.492.21$7,544
Jan 19974,01223.483.54$14,201
Dec 19964,16123.32$0
Nov 19963,89321.97$0
Oct 19963,86723.31$0
Sep 19963,63922.22$0
Aug 19964,68320.26$0
Jul 19964,42119.55$0
Jun 19963,70718.73$0
May 19964,61619.43$0
Apr 19964,74121.51$0
Mar 19964,58119.38$0
Feb 19963,93016.98$0
Jan 19964,62017.07$0
Dec 19954,54517.19$0
Nov 19954,57716.00$0
Oct 19954,79815.43$0
Sep 19954,82516.18$0
Aug 19954,33115.92$0
Jul 19955,22415.24$0
Jun 19954,64316.41$0
May 19954,95917.56$0
Apr 19955,09417.73$0
Mar 19955,14916.44$0
Feb 19954,67316.58$0
Jan 19955,20415.92$0
Dec 19945,77215.03$0
Nov 19945,07715.90$0
Oct 19945,40415.58$0
Sep 19945,39715.29$0
Aug 19945,49516.13$0
Jul 19944,91717.56$0
Jun 19945,31617.09$0
May 19945,47915.88$0
Apr 19945,39514.14$0
Mar 19945,79312.46$0
Feb 19945,28312.50$0
Jan 19946,24212.66$0
Dec 19936,11212.33$0
Nov 19935,93414.49$0
Oct 19936,55615.85$0
Sep 19936,10015.03$0
Aug 19936,63815.66$0
Jul 19936,12715.46$0
Jun 19936,29116.79$0
May 19935,90017.68$0
Apr 19934,92418.05$0
Mar 19935,94518.14$0
Feb 19935,88117.90$0
Jan 19936,48316.93$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.

Sep 2010 — as filed, then multipliedworked
Gas                2,023 Mcf  × $  3.98 =     $8,050

────────────────────────────────────────────────────
Month total                                   $8,050

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/24727 is the state's own key, not one this site invented.