SNOW

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

Gas lease lease 27240District 10Field 68831200Hydrogen sulphide fieldNGPA filingGasSaveExport
Value, all time
$84 k
Jan 1993 – Apr 2007
Value, last 12 filed months
$8 k
at the published price for each month
Months reported
172
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 666 leases and 666 wells, and the rule below applies to all of them.

Discovered
1960-07-15
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 2019-11-19.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: THE LOCATION OF PERFORATIONS.

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
GasProduction35,045 Mcf$84,133
Total$84,133

15,217 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 35.7443, -101.6186. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.74430, -101.61859 · 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
2,065 ft
1 wells filed one
Completion to plug
46.3 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 2,065 ft.

Completions filed
Jan 1961
1 of 1 wells
Plug dates filed
Apr 2007
1 of 1 wells

Last completion to plug: a median of 46.3 years across the 1 well that filed both dates, with the middle half between 46.3 years and 46.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-23311660112,065 ftJan 1961Apr 2007Yes

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 (172)

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

172 months

Apr 20075859.617.81$453
Mar 200711856.927.30$862
Feb 20079755.108.22$797
Jan 20079450.306.73$632
Dec 20068856.656.92$609
Nov 20068054.207.62$609
Oct 20068254.906.01$493
Sep 20068260.085.04$413
Aug 20069068.717.34$661
Jul 20069869.376.34$622
Jun 200611466.286.38$728
May 200611766.016.42$752
Apr 200611364.397.36$832
Mar 200612256.707.08$864
Feb 200611557.597.75$891
Jan 200613460.598.93$1,197
Dec 200511854.9413.42$1,583
Nov 200511354.6910.59$1,196
Oct 200511058.3413.80$1,518
Sep 200511161.4512.08$1,341
Aug 200511161.519.80$1,087
Jul 200511255.697.84$878
Jun 200512452.337.38$915
May 200511545.226.65$765
Apr 200511049.207.36$810
Mar 200510850.377.15$773
Feb 20059945.226.31$625
Jan 200511143.166.32$702
Dec 200410939.866.75$736
Nov 200410445.286.33$658
Oct 200410549.706.52$684
Sep 200410243.245.28$539
Aug 200411542.375.55$638
Jul 200411638.286.08$706
Jun 200411236.106.43$721
May 200411937.486.49$773
Apr 200412034.475.86$703
Mar 200412034.365.53$664
Feb 200410532.455.51$579
Jan 200410932.036.30$687
Dec 200310930.266.30$687
Nov 200310228.804.60$469
Oct 200310628.174.76$505
Sep 200310226.314.75$484
Aug 200310429.765.13$533
Jul 200310329.415.17$533
Jun 200310728.565.98$640
May 200311626.595.97$693
Apr 200314526.675.41$784
Mar 200317031.146.10$1,036
Feb 200315633.487.93$1,236
Jan 200317130.315.58$955
Dec 200217826.914.85$864
Nov 200217224.664.14$712
Oct 200218826.464.23$795
Sep 200219327.443.64$702
Aug 200213225.963.16$418
Jul 200212824.583.06$392
Jun 200215823.733.34$527
May 200217824.663.58$638
Apr 200217223.653.51$604
Mar 200218222.003.10$565
Feb 200216318.222.38$387
Jan 200217617.172.38$418
Dec 200117716.932.36$419
Nov 200117418.072.41$419
Oct 200118319.782.53$463
Sep 200118324.262.25$412
Aug 200118724.873.05$571
Jul 200118223.933.20$582
Jun 200118324.563.82$700
May 200120125.524.31$866
Apr 200119024.685.34$1,014
Mar 200119224.545.38$1,032
Feb 200117327.755.77$998
Jan 200118827.478.40$1,579
Dec 200019226.889.12$1,752
Nov 200018032.215.66$1,018
Oct 200019131.235.15$983
Sep 200018431.875.19$954
Aug 200019729.644.54$895
Jul 200020128.534.09$822
Jun 200018329.304.40$805
May 200019127.263.68$703
Apr 200018624.513.12$580
Mar 200019628.422.86$561
Feb 200018627.622.73$507
Jan 200019525.272.48$484
Dec 199919724.282.42$477
Nov 199919523.192.43$475
Oct 199920220.982.80$566
Sep 199919621.752.62$513
Aug 199920219.262.88$581
Jul 199920217.892.37$479
Jun 199919915.942.36$470
May 199920515.792.32$476
Apr 199920215.102.21$446
Mar 199920712.471.84$381
Feb 19991869.981.82$338
Jan 199920610.381.90$391
Dec 19982109.201.77$372
Nov 199820210.892.19$442
Oct 199820912.421.97$412
Sep 199820312.592.08$423
Aug 199820911.301.91$399
Jul 199821011.742.24$470
Jun 199820411.242.24$456
May 199822012.622.21$485
Apr 199821413.042.51$536
Mar 199821912.802.31$506
Feb 199819813.952.30$455
Jan 199821914.702.15$472
Dec 199722016.322.41$530
Nov 199721318.193.09$658
Oct 199722219.253.15$699
Sep 199721617.742.95$638
Aug 199721917.862.55$559
Jul 199722017.582.25$494
Jun 199721317.242.26$481
May 199722918.972.31$529
Apr 199721617.882.08$450
Mar 199722818.951.94$442
Feb 199720720.492.21$457
Jan 199722323.483.54$789
Dec 199623423.32$0
Nov 199623321.97$0
Oct 199624223.31$0
Sep 199624222.22$0
Aug 199675920.26$0
Jul 199696919.55$0
Jun 199651018.73$0
May 199625719.43$0
Apr 199625021.51$0
Mar 199626619.38$0
Feb 199624216.98$0
Jan 199625617.07$0
Dec 199525717.19$0
Nov 199525916.00$0
Oct 199530815.43$0
Sep 199525716.18$0
Aug 199527615.92$0
Jul 199527815.24$0
Jun 199526916.41$0
May 199527117.56$0
Apr 199525717.73$0
Mar 199528416.44$0
Feb 199525016.58$0
Jan 199528415.92$0
Dec 199429015.03$0
Nov 199429215.90$0
Oct 199433515.58$0
Sep 199439115.29$0
Aug 199421916.13$0
Jul 199418817.56$0
Jun 199424417.09$0
May 199428515.88$0
Apr 199428714.14$0
Mar 199429012.46$0
Feb 199424612.50$0
Jan 199429412.66$0
Dec 199331012.33$0
Nov 199329914.49$0
Oct 199332615.85$0
Sep 199332215.03$0
Aug 199335915.66$0
Jul 199332815.46$0
Jun 199332916.79$0
May 199337417.68$0
Apr 199336618.05$0
Mar 199337518.14$0
Feb 199335517.90$0
Jan 199340316.93$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 2007 — as filed, then multipliedworked
Gas                   58 Mcf  × $  7.81 =       $453

────────────────────────────────────────────────────
Month total                                     $453

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/27240 is the state's own key, not one this site invented.