MAKE BELIEVE

Operated by RANGE PRODUCTION COMPANY, LLC (P-5 691795) in the SHREIKEY (GRANITE WASH) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 250869District 10Field 834513002 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.7 M
Feb 2008 – Jul 2015
Value, last 12 filed months
$0
at the published price for each month
Months reported
90
no gaps in the span
Streams
2
condensate, 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 45 leases and 46 wells, and the rule below applies to all of them.

Discovered
1978-01-24
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 10/01/1999.

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
High Cost Gas112009-10-08192648
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
CondensateDisposition8,264 bbl$762,485
GasProduction591,740 Mcf$3,935,816
Total$4,698,301

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 35.7458, -100.5338. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.74584, -100.53383 · 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
11,680 ft
1 wells filed one
Completion to plug
6.8 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 11,680 ft.

Completions filed
Feb 2008
1 of 1 wells
Plug dates filed
Dec 2014
1 of 1 wells

Last completion to plug: a median of 6.8 years across the 1 well that filed both dates, with the middle half between 6.8 years and 6.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-21134082611,680 ftFeb 2008Dec 2014Yes

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 (90)

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

90 months

Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 201204,09698.092.73$11,199
Dec 20111834,43196.873.24$32,083
Nov 201105,24795.723.31$17,374
Oct 201105,69484.983.65$20,775
Sep 201105,70583.623.99$22,739
Aug 201106,62083.404.15$27,469
Jul 201107,03394.144.52$31,770
Jun 20111916,77692.904.64$49,184
May 201106,54798.134.40$28,838
Apr 201106,627105.964.33$28,717
Mar 201106,26996.364.06$25,435
Feb 201105,33385.644.18$22,292
Jan 201106,94886.504.59$31,883
Dec 20101826,59985.734.35$44,294
Nov 201006,66180.843.80$25,281
Oct 201007,44078.103.51$26,106
Sep 201008,24072.633.98$32,791
Aug 201007,02673.684.42$31,050
Jul 201007,52572.554.74$35,642
Jun 20102957,79770.364.91$59,043
May 201007,20071.124.24$30,494
Apr 201007,23981.694.12$29,844
Mar 201007,61278.394.39$33,407
Feb 201007,17573.585.44$39,049
Jan 20101769,48074.365.96$69,627
Dec 20091909,83471.445.48$67,501
Nov 2009010,17974.593.75$38,187
Oct 200919110,92472.544.11$58,756
Sep 200918710,66265.543.06$44,932
Aug 2009011,88667.423.22$38,255
Jul 2009015,63261.133.46$54,157
Jun 2009017,59566.163.90$68,533
May 2009019,61654.743.93$77,008
Apr 200919117,79146.773.59$72,758
Mar 200939513,80542.144.06$72,680
Feb 2009011,65332.814.63$53,988
Jan 200918611,06235.865.37$66,084
Dec 200839611,11437.105.98$81,122
Nov 200820316,57955.496.86$125,002
Oct 200839514,13075.246.92$127,527
Sep 200856211,539101.767.88$148,083
Aug 200838420,283114.228.48$215,922
Jul 200839920,632131.0811.39$287,288
Jun 200839522,738131.3313.03$348,211
May 200874131,508123.1711.57$455,952
Apr 20081,01541,591110.3110.45$546,793
Mar 20081,20762,205101.909.66$724,147
Feb 200820011,46292.538.77$119,034

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 2012 — as filed, then multipliedworked
Condensate             0 bbl  × $ 98.09 =         $0
Gas                4,096 Mcf  × $  2.73 =    $11,199

────────────────────────────────────────────────────
Month total                                  $11,199

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/250869 is the state's own key, not one this site invented.