ERADO

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 24840District 10Field 68831001NGPA filingGasSaveExport
Value, all time
$405 k
Jan 1993 – Aug 2015
Value, last 12 filed months
$0
at the published price for each month
Months reported
272
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.

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
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
GasProduction110,201 Mcf$404,764
Total$404,764

27,787 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 35.8098, -102.1800. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.80980, -102.17999 · 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
3,665 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 3,665 ft.

Plug dates filed
Aug 2015
1 of 1 wells

1 well

42-2050013913,665 ftAug 2015Yes

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 (272)

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

272 months

Aug 2015040.162.87$0
Jul 2015048.152.95$0
Jun 2015056.152.88$0
May 2015055.212.96$0
Apr 2015049.822.71$0
Mar 2015042.892.93$0
Feb 2015044.662.98$0
Jan 2015043.433.10$0
Dec 2014054.693.59$0
Nov 2014070.464.25$0
Oct 2014078.303.90$0
Sep 2014086.164.05$0
Aug 2014089.394.04$0
Jul 2014096.564.18$0
Jun 2014098.164.74$0
May 2014094.734.73$0
Apr 2014095.944.81$0
Mar 2014095.895.06$0
Feb 2014097.406.19$0
Jan 2014090.404.86$0
Dec 2013091.824.35$0
Nov 20139788.853.74$363
Oct 201314497.423.78$544
Sep 2013104104.113.72$387
Aug 201379104.253.52$278
Jul 201355102.523.72$204
Jun 20132494.403.93$94
May 2013394.834.15$12
Apr 2013293.964.28$9
Mar 2013093.623.91$0
Feb 2013191.233.42$3
Jan 2013191.603.42$3
Dec 20124186.773.42$140
Nov 201229786.953.62$1,077
Oct 2012089.383.40$0
Sep 2012094.672.92$0
Aug 2012092.662.91$0
Jul 20128685.133.02$260
Jun 201214279.822.52$358
May 201219791.612.49$490
Apr 2012134101.652.00$268
Mar 20122105.052.22$4
Feb 2012139101.102.57$357
Jan 201213798.092.73$375
Dec 201124896.873.24$803
Nov 201127895.723.31$921
Oct 2011084.983.65$0
Sep 2011083.623.99$0
Aug 2011083.404.15$0
Jul 2011094.144.52$0
Jun 201111192.904.64$515
May 201138998.134.40$1,713
Apr 2011187105.964.33$810
Mar 201141696.364.06$1,688
Feb 201130385.644.18$1,267
Jan 201135086.504.59$1,606
Dec 201035985.734.35$1,561
Nov 201035380.843.80$1,340
Oct 201037278.103.51$1,305
Sep 201037072.633.98$1,472
Aug 201035373.684.42$1,560
Jul 201033472.554.74$1,582
Jun 201032770.364.91$1,606
May 201036671.124.24$1,550
Apr 201035481.694.12$1,459
Mar 201038478.394.39$1,685
Feb 201037673.585.44$2,046
Jan 201036774.365.96$2,189
Dec 200937571.445.48$2,056
Nov 200934274.593.75$1,283
Oct 200939072.544.11$1,603
Sep 200937765.543.06$1,155
Aug 200938467.423.22$1,236
Jul 200930061.133.46$1,039
Jun 200924266.163.90$943
May 200937554.743.93$1,472
Apr 200940846.773.59$1,464
Mar 200939542.144.06$1,603
Feb 200934832.814.63$1,612
Jan 200943035.865.37$2,310
Dec 200837937.105.98$2,265
Nov 200844255.496.86$3,032
Oct 200845275.246.92$3,129
Sep 2008398101.767.88$3,135
Aug 2008371114.228.48$3,147
Jul 2008399131.0811.39$4,544
Jun 2008356131.3313.03$4,640
May 2008417123.1711.57$4,826
Apr 2008352110.3110.45$3,680
Mar 2008413101.909.66$3,991
Feb 200840392.538.77$3,535
Jan 200844290.388.21$3,627
Dec 200745688.337.30$3,330
Nov 200743791.677.29$3,186
Oct 200745582.856.92$3,150
Sep 200745375.846.24$2,829
Aug 200744569.066.39$2,843
Jul 200745270.906.39$2,887
Jun 200746162.007.55$3,480
May 200747758.747.85$3,743
Apr 200724559.617.81$1,912
Mar 200746356.927.30$3,381
Feb 200743255.108.22$3,549
Jan 200748650.306.73$3,269
Dec 200645856.656.92$3,169
Nov 200645854.207.62$3,489
Oct 200648454.906.01$2,911
Sep 200647160.085.04$2,373
Aug 200647068.717.34$3,450
Jul 200648969.376.34$3,102
Jun 200648166.286.38$3,071
May 200648466.016.42$3,110
Apr 200644164.397.36$3,246
Mar 200651156.707.08$3,619
Feb 200653157.597.75$4,116
Jan 2006160.598.93$9
Dec 200512954.9413.42$1,731
Nov 200547054.6910.59$4,977
Oct 200550358.3413.80$6,939
Sep 200542861.4512.08$5,170
Aug 200549961.519.80$4,889
Jul 200550655.697.84$3,969
Jun 200549652.337.38$3,661
May 200547545.226.65$3,159
Apr 200548649.207.36$3,577
Mar 200550650.377.15$3,620
Feb 200546945.226.31$2,960
Jan 200551243.166.32$3,237
Dec 200452539.866.75$3,544
Nov 200451145.286.33$3,235
Oct 200452349.706.52$3,407
Sep 200423343.245.28$1,231
Aug 200452442.375.55$2,909
Jul 200448138.286.08$2,926
Jun 200451236.106.43$3,294
May 200452837.486.49$3,429
Apr 200450334.475.86$2,947
Mar 200453134.365.53$2,937
Feb 200449432.455.51$2,722
Jan 200453232.036.30$3,351
Dec 200354130.266.30$3,409
Nov 200353528.804.60$2,458
Oct 200353628.174.76$2,551
Sep 200352626.314.75$2,498
Aug 200354329.765.13$2,785
Jul 200354329.415.17$2,808
Jun 200351428.565.98$3,075
May 200351426.595.97$3,070
Apr 200351526.675.41$2,785
Mar 200355031.146.10$3,353
Feb 200349333.487.93$3,907
Jan 200355430.315.58$3,092
Dec 200255326.914.85$2,684
Nov 200254924.664.14$2,271
Oct 200257026.464.23$2,411
Sep 200250327.443.64$1,829
Aug 200256725.963.16$1,794
Jul 200254524.583.06$1,669
Jun 200254623.733.34$1,823
May 200256324.663.58$2,018
Apr 200252523.653.51$1,844
Mar 200255722.003.10$1,728
Feb 200253618.222.38$1,273
Jan 200261117.172.38$1,452
Dec 200156516.932.36$1,336
Nov 200153618.072.41$1,289
Oct 200157819.782.53$1,462
Sep 200149024.262.25$1,103
Aug 200159024.873.05$1,801
Jul 200131723.933.20$1,013
Jun 200140424.563.82$1,545
May 200141125.524.31$1,770
Apr 200146924.685.34$2,502
Mar 200153024.545.38$2,850
Feb 200149927.755.77$2,878
Jan 200161427.478.40$5,157
Dec 200063126.889.12$5,756
Nov 200057432.215.66$3,248
Oct 200028831.235.15$1,482
Sep 200054631.875.19$2,832
Aug 200056529.644.54$2,566
Jul 200057428.534.09$2,348
Jun 200049929.304.40$2,194
May 2000027.263.68$0
Apr 200039624.513.12$1,234
Mar 200058228.422.86$1,664
Feb 200051327.622.73$1,399
Jan 200056925.272.48$1,411
Dec 199957624.282.42$1,396
Nov 199949423.192.43$1,202
Oct 199952820.982.80$1,480
Sep 199949421.752.62$1,294
Aug 199957619.262.88$1,656
Jul 199953317.892.37$1,264
Jun 199956415.942.36$1,332
May 1999015.792.32$0
Apr 199931815.102.21$702
Mar 199954512.471.84$1,002
Feb 19994879.981.82$885
Jan 199953410.381.90$1,015
Dec 19985419.201.77$959
Nov 199850510.892.19$1,104
Oct 199852712.421.97$1,038
Sep 199851412.592.08$1,070
Aug 199853911.301.91$1,028
Jul 199854111.742.24$1,210
Jun 199852111.242.24$1,166
May 199854812.622.21$1,209
Apr 199850913.042.51$1,275
Mar 199852212.802.31$1,206
Feb 199846013.952.30$1,058
Jan 199858914.702.15$1,269
Dec 199762416.322.41$1,505
Nov 199749818.193.09$1,538
Oct 199749619.253.15$1,562
Sep 199747117.742.95$1,392
Aug 199753817.862.55$1,374
Jul 199754017.582.25$1,213
Jun 199750317.242.26$1,135
May 199749818.972.31$1,150
Apr 199752417.882.08$1,091
Mar 199752918.951.94$1,026
Feb 199750820.492.21$1,121
Jan 199760223.483.54$2,131
Dec 199655823.32$0
Nov 199652221.97$0
Oct 199654823.31$0
Sep 199651222.22$0
Aug 199656620.26$0
Jul 199655719.55$0
Jun 199653418.73$0
May 199656019.43$0
Apr 199654921.51$0
Mar 199657119.38$0
Feb 199653916.98$0
Jan 199658717.07$0
Dec 199555917.19$0
Nov 199554916.00$0
Oct 199558315.43$0
Sep 199553416.18$0
Aug 199555915.92$0
Jul 199557615.24$0
Jun 199564516.41$0
May 199559817.56$0
Apr 199557717.73$0
Mar 199557416.44$0
Feb 199550516.58$0
Jan 199558515.92$0
Dec 199460015.03$0
Nov 199457115.90$0
Oct 199460615.58$0
Sep 199460415.29$0
Aug 199459816.13$0
Jul 199461917.56$0
Jun 199460017.09$0
May 199461015.88$0
Apr 199458314.14$0
Mar 199461112.46$0
Feb 199455412.50$0
Jan 199459112.66$0
Dec 199358112.33$0
Nov 199359514.49$0
Oct 199360815.85$0
Sep 199361315.03$0
Aug 199365515.66$0
Jul 199362415.46$0
Jun 199364016.79$0
May 199352517.68$0
Apr 199352818.05$0
Mar 199361518.14$0
Feb 199357217.90$0
Jan 199363716.93$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.

Nov 2013 — as filed, then multipliedworked
Gas                   97 Mcf  × $  3.74 =       $363

────────────────────────────────────────────────────
Month total                                     $363

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/24840 is the state's own key, not one this site invented.