CARVE

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 24778District 10Field 68831001GasSaveExport
Value, all time
$464 k
Jan 1993 – May 2012
Value, last 12 filed months
$22 k
at the published price for each month
Months reported
233
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
GasProduction144,850 Mcf$463,654
Total$463,654

50,435 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 35.7863, -102.1158. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.78628, -102.11579 · 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
3,629 ft
1 wells filed one
Completion to plug
no well filed both dates

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 3,629 ft.

Plug dates filed
May 2012
1 of 1 wells

1 well

42-3410180813,629 ftMay 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 (233)

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

233 months

May 2012091.612.49$0
Apr 20120101.652.00$0
Mar 20120105.052.22$0
Feb 20120101.102.57$0
Jan 2012098.092.73$0
Dec 2011096.873.24$0
Nov 2011095.723.31$0
Oct 201121684.983.65$788
Sep 20111,27783.623.99$5,090
Aug 20111,44583.404.15$5,996
Jul 20111,47494.144.52$6,658
Jun 201184692.904.64$3,925
May 20111,35898.134.40$5,982
Apr 2011669105.964.33$2,899
Mar 20111,49496.364.06$6,062
Feb 20111,25785.644.18$5,254
Jan 20111,34586.504.59$6,172
Dec 20101,30685.734.35$5,678
Nov 20101,29880.843.80$4,926
Oct 201055878.103.51$1,958
Sep 20101,49472.633.98$5,945
Aug 20101,50073.684.42$6,629
Jul 201077572.554.74$3,671
Jun 201057670.364.91$2,828
May 20101,02271.124.24$4,328
Apr 20105381.694.12$219
Mar 201012978.394.39$566
Feb 201019973.585.44$1,083
Jan 20105874.365.96$346
Dec 200910571.445.48$576
Nov 20098774.593.75$326
Oct 200919972.544.11$818
Sep 200917665.543.06$539
Aug 20097967.423.22$254
Jul 200912961.133.46$447
Jun 200917266.163.90$670
May 200925254.743.93$989
Apr 200927746.773.59$994
Mar 200918542.144.06$751
Feb 200919332.814.63$894
Jan 200930635.865.37$1,644
Dec 200815837.105.98$944
Nov 200855155.496.86$3,780
Oct 200844975.246.92$3,108
Sep 2008197101.767.88$1,552
Aug 2008125114.228.48$1,060
Jul 2008158131.0811.39$1,800
Jun 2008166131.3313.03$2,163
May 2008250123.1711.57$2,894
Apr 2008183110.3110.45$1,913
Mar 2008294101.909.66$2,841
Feb 200839692.538.77$3,473
Jan 200847690.388.21$3,906
Dec 200749688.337.30$3,622
Nov 200743591.677.29$3,172
Oct 200743482.856.92$3,004
Sep 200744475.846.24$2,772
Aug 200735669.066.39$2,274
Jul 200734670.906.39$2,210
Jun 200751662.007.55$3,895
May 200739058.747.85$3,060
Apr 200729859.617.81$2,326
Mar 200752256.927.30$3,812
Feb 200755255.108.22$4,535
Jan 200744850.306.73$3,014
Dec 200636556.656.92$2,525
Nov 200653854.207.62$4,098
Oct 200655454.906.01$3,332
Sep 200645060.085.04$2,267
Aug 200635368.717.34$2,591
Jul 200648869.376.34$3,095
Jun 200645066.286.38$2,873
May 200628266.016.42$1,812
Apr 200634564.397.36$2,539
Mar 200647356.707.08$3,350
Feb 200634657.597.75$2,682
Jan 200648960.598.93$4,368
Dec 200552954.9413.42$7,097
Nov 200548154.6910.59$5,093
Oct 200549358.3413.80$6,801
Sep 200522661.4512.08$2,730
Aug 200543561.519.80$4,262
Jul 200534255.697.84$2,683
Jun 200551152.337.38$3,772
May 200556845.226.65$3,778
Apr 200548949.207.36$3,599
Mar 200543850.377.15$3,134
Feb 200561145.226.31$3,857
Jan 200561943.166.32$3,913
Dec 200453439.866.75$3,605
Nov 200449545.286.33$3,134
Oct 200447949.706.52$3,121
Sep 200465843.245.28$3,477
Aug 200459642.375.55$3,308
Jul 200455738.286.08$3,389
Jun 200467536.106.43$4,342
May 20041,12837.486.49$7,326
Apr 20041,22034.475.86$7,147
Mar 20041,38734.365.53$7,670
Feb 20041,29932.455.51$7,157
Jan 20041,38832.036.30$8,744
Dec 20031,42130.266.30$8,955
Nov 200388128.804.60$4,048
Oct 200365328.174.76$3,108
Sep 200372426.314.75$3,439
Aug 200360229.765.13$3,088
Jul 200363129.415.17$3,263
Jun 200366528.565.98$3,979
May 200380926.595.97$4,832
Apr 200376726.675.41$4,147
Mar 200389531.146.10$5,456
Feb 200371733.487.93$5,683
Jan 200367630.315.58$3,773
Dec 200274526.914.85$3,616
Nov 200281324.664.14$3,363
Oct 200280426.464.23$3,400
Sep 200287627.443.64$3,184
Aug 200212925.963.16$408
Jul 2002024.583.06$0
Jun 2002023.733.34$0
May 2002024.663.58$0
Apr 2002023.653.51$0
Mar 20022522.003.10$78
Feb 20021418.222.38$33
Jan 20024117.172.38$97
Dec 20018116.932.36$192
Nov 200122818.072.41$548
Oct 200125919.782.53$655
Sep 200111724.262.25$263
Aug 200126124.873.05$797
Jul 200114123.933.20$451
Jun 200115124.563.82$577
May 2001125.524.31$4
Apr 20013824.685.34$203
Mar 200134824.545.38$1,871
Feb 200122727.755.77$1,309
Jan 200139427.478.40$3,309
Dec 200050926.889.12$4,643
Nov 200052032.215.66$2,942
Oct 200058531.235.15$3,010
Sep 200041331.875.19$2,142
Aug 200036229.644.54$1,644
Jul 200026728.534.09$1,092
Jun 200022529.304.40$989
May 200018127.263.68$666
Apr 200026124.513.12$813
Mar 200071828.422.86$2,053
Feb 200047527.622.73$1,295
Jan 200019625.272.48$486
Dec 199959524.282.42$1,442
Nov 199929823.192.43$725
Oct 199956420.982.80$1,581
Sep 199931121.752.62$814
Aug 199951819.262.88$1,490
Jul 199916117.892.37$382
Jun 199941715.942.36$985
May 199949815.792.32$1,156
Apr 199954415.102.21$1,201
Mar 199964812.471.84$1,191
Feb 19995769.981.82$1,047
Jan 199947410.381.90$901
Dec 19984879.201.77$864
Nov 199850210.892.19$1,097
Oct 199854612.421.97$1,075
Sep 199851212.592.08$1,066
Aug 199853311.301.91$1,017
Jul 199864611.742.24$1,445
Jun 199873011.242.24$1,633
May 199896212.622.21$2,123
Apr 199869913.042.51$1,751
Mar 199855812.802.31$1,289
Feb 199867613.952.30$1,554
Jan 19981,13114.702.15$2,437
Dec 199750716.322.41$1,222
Nov 199766718.193.09$2,060
Oct 199728519.253.15$898
Sep 199758517.742.95$1,729
Aug 199782117.862.55$2,097
Jul 199762117.582.25$1,395
Jun 199732317.242.26$729
May 199778018.972.31$1,801
Apr 199788217.882.08$1,837
Mar 199792318.951.94$1,790
Feb 19971,04420.492.21$2,303
Jan 19971,10523.483.54$3,911
Dec 199695223.32$0
Nov 199690821.97$0
Oct 199696723.31$0
Sep 199694822.22$0
Aug 19961,11620.26$0
Jul 199698019.55$0
Jun 199680518.73$0
May 19961,08619.43$0
Apr 19961,20521.51$0
Mar 19961,17519.38$0
Feb 199692716.98$0
Jan 19961,08317.07$0
Dec 19951,09017.19$0
Nov 19951,05116.00$0
Oct 19951,04615.43$0
Sep 19951,06716.18$0
Aug 199587515.92$0
Jul 19951,04415.24$0
Jun 19951,12016.41$0
May 19951,16717.56$0
Apr 19951,27017.73$0
Mar 19951,18316.44$0
Feb 199597316.58$0
Jan 19951,17715.92$0
Dec 19941,31515.03$0
Nov 19941,30415.90$0
Oct 19941,18415.58$0
Sep 19941,28315.29$0
Aug 19941,31516.13$0
Jul 19941,41117.56$0
Jun 19941,34817.09$0
May 19941,36415.88$0
Apr 19944114.14$0
Mar 199416812.46$0
Feb 199444112.50$0
Jan 199495512.66$0
Dec 19931,07712.33$0
Nov 19931,01214.49$0
Oct 199331915.85$0
Sep 199359815.03$0
Aug 199369415.66$0
Jul 19931,51615.46$0
Jun 19931,54116.79$0
May 19931,22217.68$0
Apr 19931,08818.05$0
Mar 19931,30718.14$0
Feb 19931,30717.90$0
Jan 19931,41016.93$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.

Oct 2011 — as filed, then multipliedworked
Gas                  216 Mcf  × $  3.65 =       $788

────────────────────────────────────────────────────
Month total                                     $788

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/24778 is the state's own key, not one this site invented.