CLOSE, IVEY

Operated by RENEAU, JAMES SEED CO. (P-5 701747) in the PANHANDLE, EAST field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 26906District 10Field 68826001NGPA filingGasSaveExport
Value, all time
$11 k
Jan 1993 – May 2017
Value, last 12 filed months
$0
at the published price for each month
Months reported
293
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 2,114 leases and 2,114 wells, and the rule below applies to all of them.

Discovered
1935-12-10
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 1989-05-01.

The Commission's schedule remark for this field reads: 67% ACRES X SIWP + (PLUS) 33% DELIVERABILITY

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
GasProduction13,531 Mcf$10,590
Total$10,590

9,893 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 35.2503, -100.4424. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.25026, -100.44237 · 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
1,675 ft
1 wells filed one
Completion to plug
86.8 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 1,675 ft.

Completions filed
Jul 1930
1 of 1 wells
Plug dates filed
May 2017
1 of 1 wells

Last completion to plug: a median of 86.8 years across the 1 well that filed both dates, with the middle half between 86.8 years and 86.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-48302192181,675 ftJul 1930May 2017Yes

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 (293)

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

293 months

May 2017045.373.26$0
Apr 2017047.933.21$0
Mar 2017046.772.98$0
Feb 2017050.452.95$0
Jan 2017049.413.42$0
Dec 2016048.763.72$0
Nov 2016042.492.64$0
Oct 2016046.193.09$0
Sep 2016041.553.10$0
Aug 2016041.442.92$0
Jul 2016041.622.92$0
Jun 2016045.352.69$0
May 2016042.521.99$0
Apr 2016036.561.99$0
Mar 2016033.011.79$0
Feb 2016026.472.06$0
Jan 2016027.352.36$0
Dec 2015032.362.00$0
Nov 2015038.792.17$0
Oct 2015043.552.43$0
Sep 2015042.992.76$0
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 2013088.853.74$0
Oct 2013097.423.78$0
Sep 20130104.113.72$0
Aug 20130104.253.52$0
Jul 20130102.523.72$0
Jun 2013094.403.93$0
May 2013094.834.15$0
Apr 2013093.964.28$0
Mar 2013093.623.91$0
Feb 2013091.233.42$0
Jan 2013091.603.42$0
Dec 2012086.773.42$0
Nov 2012086.953.62$0
Oct 2012089.383.40$0
Sep 2012094.672.92$0
Aug 2012092.662.91$0
Jul 2012085.133.02$0
Jun 2012079.822.52$0
May 2012091.612.49$0
Apr 2012150101.652.00$300
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 2011084.983.65$0
Sep 2011083.623.99$0
Aug 2011083.404.15$0
Jul 2011094.144.52$0
Jun 2011092.904.64$0
May 2011098.134.40$0
Apr 20110105.964.33$0
Mar 2011096.364.06$0
Feb 2011085.644.18$0
Jan 2011086.504.59$0
Dec 2010085.734.35$0
Nov 2010080.843.80$0
Oct 2010078.103.51$0
Sep 2010072.633.98$0
Aug 2010073.684.42$0
Jul 2010072.554.74$0
Jun 2010070.364.91$0
May 2010071.124.24$0
Apr 2010081.694.12$0
Mar 2010078.394.39$0
Feb 2010073.585.44$0
Jan 2010074.365.96$0
Dec 2009071.445.48$0
Nov 2009074.593.75$0
Oct 2009072.544.11$0
Sep 2009065.543.06$0
Aug 2009067.423.22$0
Jul 2009061.133.46$0
Jun 2009066.163.90$0
May 2009054.743.93$0
Apr 2009046.773.59$0
Mar 2009042.144.06$0
Feb 2009032.814.63$0
Jan 2009035.865.37$0
Dec 2008037.105.98$0
Nov 2008055.496.86$0
Oct 2008075.246.92$0
Sep 20080101.767.88$0
Aug 20080114.228.48$0
Jul 20080131.0811.39$0
Jun 20080131.3313.03$0
May 20080123.1711.57$0
Apr 20080110.3110.45$0
Mar 20080101.909.66$0
Feb 2008092.538.77$0
Jan 2008090.388.21$0
Dec 2007088.337.30$0
Nov 2007091.677.29$0
Oct 2007082.856.92$0
Sep 2007075.846.24$0
Aug 2007069.066.39$0
Jul 2007070.906.39$0
Jun 2007062.007.55$0
May 2007058.747.85$0
Apr 2007059.617.81$0
Mar 2007056.927.30$0
Feb 2007055.108.22$0
Jan 2007050.306.73$0
Dec 2006056.656.92$0
Nov 2006054.207.62$0
Oct 2006054.906.01$0
Sep 2006060.085.04$0
Aug 2006068.717.34$0
Jul 2006069.376.34$0
Jun 2006066.286.38$0
May 2006066.016.42$0
Apr 2006064.397.36$0
Mar 2006056.707.08$0
Feb 2006057.597.75$0
Jan 2006060.598.93$0
Dec 2005054.9413.42$0
Nov 2005054.6910.59$0
Oct 2005058.3413.80$0
Sep 2005061.4512.08$0
Aug 2005061.519.80$0
Jul 2005055.697.84$0
Jun 2005052.337.38$0
May 2005045.226.65$0
Apr 2005049.207.36$0
Mar 2005050.377.15$0
Feb 2005045.226.31$0
Jan 2005043.166.32$0
Dec 2004039.866.75$0
Nov 2004045.286.33$0
Oct 2004049.706.52$0
Sep 2004043.245.28$0
Aug 2004042.375.55$0
Jul 2004038.286.08$0
Jun 2004036.106.43$0
May 2004037.486.49$0
Apr 2004034.475.86$0
Mar 2004034.365.53$0
Feb 2004032.455.51$0
Jan 2004032.036.30$0
Dec 2003030.266.30$0
Nov 2003028.804.60$0
Oct 2003028.174.76$0
Sep 2003026.314.75$0
Aug 2003029.765.13$0
Jul 2003029.415.17$0
Jun 2003028.565.98$0
May 2003026.595.97$0
Apr 2003026.675.41$0
Mar 2003031.146.10$0
Feb 2003033.487.93$0
Jan 2003030.315.58$0
Dec 2002026.914.85$0
Nov 2002024.664.14$0
Oct 2002026.464.23$0
Sep 2002027.443.64$0
Aug 2002025.963.16$0
Jul 2002024.583.06$0
Jun 2002023.733.34$0
May 2002024.663.58$0
Apr 2002023.653.51$0
Mar 2002022.003.10$0
Feb 2002018.222.38$0
Jan 2002017.172.38$0
Dec 2001016.932.36$0
Nov 2001018.072.41$0
Oct 2001019.782.53$0
Sep 2001024.262.25$0
Aug 2001024.873.05$0
Jul 2001523.933.20$16
Jun 2001024.563.82$0
May 2001025.524.31$0
Apr 20014224.685.34$224
Mar 20016724.545.38$360
Feb 20014727.755.77$271
Jan 20017327.478.40$613
Dec 20006126.889.12$556
Nov 20006432.215.66$362
Oct 20004931.235.15$252
Sep 20003831.875.19$197
Aug 20003929.644.54$177
Jul 20005628.534.09$229
Jun 2000029.304.40$0
May 20005727.263.68$210
Apr 20006324.513.12$196
Mar 20007428.422.86$212
Feb 20007827.622.73$213
Jan 20006225.272.48$154
Dec 19996624.282.42$160
Nov 19996023.192.43$146
Oct 19995120.982.80$143
Sep 19995321.752.62$139
Aug 19996519.262.88$187
Jul 19995817.892.37$138
Jun 19997015.942.36$165
May 19997415.792.32$172
Apr 19996215.102.21$137
Mar 19999712.471.84$178
Feb 1999979.981.82$176
Jan 199913410.381.90$255
Dec 19981299.201.77$229
Nov 199814910.892.19$326
Oct 199815812.421.97$311
Sep 19988912.592.08$185
Aug 1998011.301.91$0
Jul 1998011.742.24$0
Jun 1998011.242.24$0
May 1998012.622.21$0
Apr 19986013.042.51$150
Mar 19988112.802.31$187
Feb 19985513.952.30$126
Jan 19985614.702.15$121
Dec 19977016.322.41$169
Nov 19976318.193.09$195
Oct 19975719.253.15$180
Sep 19979817.742.95$290
Aug 19977817.862.55$199
Jul 199712517.582.25$281
Jun 19978617.242.26$194
May 19975918.972.31$136
Apr 19976817.882.08$142
Mar 19976918.951.94$134
Feb 19979320.492.21$205
Jan 19978323.483.54$294
Dec 199615223.32$0
Nov 199612721.97$0
Oct 199613923.31$0
Sep 199611422.22$0
Aug 199610720.26$0
Jul 199617219.55$0
Jun 199612318.73$0
May 199613319.43$0
Apr 19969921.51$0
Mar 19968919.38$0
Feb 199613616.98$0
Jan 199612617.07$0
Dec 199515517.19$0
Nov 199517416.00$0
Oct 199513415.43$0
Sep 199511616.18$0
Aug 199512715.92$0
Jul 19957315.24$0
Jun 19958716.41$0
May 199517117.56$0
Apr 199521817.73$0
Mar 199523016.44$0
Feb 199522416.58$0
Jan 199524115.92$0
Dec 199422115.03$0
Nov 199422115.90$0
Oct 199431415.58$0
Sep 199433515.29$0
Aug 199427716.13$0
Jul 199426017.56$0
Jun 199434817.09$0
May 199430615.88$0
Apr 199430014.14$0
Mar 199426212.46$0
Feb 199430212.50$0
Jan 199427712.66$0
Dec 199334912.33$0
Nov 199330914.49$0
Oct 199328215.85$0
Sep 199339615.03$0
Aug 19933215.66$0
Jul 199315415.46$0
Jun 199321516.79$0
May 199322917.68$0
Apr 199312318.05$0
Mar 199328618.14$0
Feb 199328317.90$0
Jan 199334516.93$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.

Apr 2012 — as filed, then multipliedworked
Gas                  150 Mcf  × $  2.00 =       $300

────────────────────────────────────────────────────
Month total                                     $300

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/26906 is the state's own key, not one this site invented.