BERT

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

Gas lease lease 27451District 10Field 89120001NGPA filingGasSaveExport
Value, all time
$235 k
Jan 1993 – Jun 2006
Value, last 12 filed months
$18 k
at the published price for each month
Months reported
162
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 1,719 leases and 1,719 wells, and the rule below applies to all of them.

Discovered
1945-06-25
as the register files it
Field class
Gas
the register's own label
Between wells
2,500 ft
minimum
From a lease line
1,250 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 1996-02-01.

The Commission's schedule remark for this field reads: OPTIONS.

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
GasProduction95,661 Mcf$235,237
Total$235,237

37,943 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 36.3400, -101.6518. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.34003, -101.65179 · 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
3,251 ft
1 wells filed one
Completion to plug
55.6 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 3,251 ft.

Completions filed
Nov 1950
1 of 1 wells
Plug dates filed
Jun 2006
1 of 1 wells

Last completion to plug: a median of 55.6 years across the 1 well that filed both dates, with the middle half between 55.6 years and 55.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4210066513,251 ftNov 1950Jun 2006Yes

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 (162)

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

162 months

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 200532058.3413.80$4,415
Sep 200545261.4512.08$5,460
Aug 200546661.519.80$4,565
Jul 200546455.697.84$3,639
Jun 200546052.337.38$3,395
May 200546245.226.65$3,073
Apr 200546249.207.36$3,401
Mar 200548250.377.15$3,449
Feb 200543845.226.31$2,765
Jan 200548443.166.32$3,060
Dec 200451439.866.75$3,470
Nov 200447345.286.33$2,994
Oct 200448249.706.52$3,140
Sep 200446243.245.28$2,441
Aug 200447942.375.55$2,659
Jul 200447838.286.08$2,908
Jun 200447036.106.43$3,024
May 200448237.486.49$3,130
Apr 200447934.475.86$2,806
Mar 200449634.365.53$2,743
Feb 200446332.455.51$2,551
Jan 200450932.036.30$3,207
Dec 200349730.266.30$3,132
Nov 200348528.804.60$2,229
Oct 200349628.174.76$2,361
Sep 200348526.314.75$2,303
Aug 200348129.765.13$2,467
Jul 200348429.415.17$2,503
Jun 200349128.565.98$2,938
May 200346026.595.97$2,747
Apr 200348526.675.41$2,623
Mar 200351431.146.10$3,133
Feb 200351433.487.93$4,074
Jan 200352630.315.58$2,936
Dec 200252926.914.85$2,568
Nov 200249924.664.14$2,064
Oct 200250726.464.23$2,144
Sep 200249127.443.64$1,785
Aug 200251725.963.16$1,636
Jul 200248924.583.06$1,497
Jun 200249723.733.34$1,659
May 200245824.663.58$1,641
Apr 200250223.653.51$1,763
Mar 200251822.003.10$1,607
Feb 200250118.222.38$1,190
Jan 200252917.172.38$1,257
Dec 200152616.932.36$1,244
Nov 200151218.072.41$1,232
Oct 200152919.782.53$1,338
Sep 200150724.262.25$1,141
Aug 200152224.873.05$1,594
Jul 200153423.933.20$1,707
Jun 200147124.563.82$1,801
May 200153125.524.31$2,287
Apr 200150524.685.34$2,694
Mar 200151724.545.38$2,780
Feb 200156527.755.77$3,258
Jan 200158927.478.40$4,947
Dec 200066826.889.12$6,094
Nov 200050032.215.66$2,829
Oct 200054131.235.15$2,784
Sep 200043831.875.19$2,272
Aug 200055029.644.54$2,497
Jul 200055028.534.09$2,249
Jun 200050829.304.40$2,234
May 200055927.263.68$2,057
Apr 200054424.513.12$1,695
Mar 200056128.422.86$1,604
Feb 200052927.622.73$1,442
Jan 200059225.272.48$1,468
Dec 199958324.282.42$1,413
Nov 199956223.192.43$1,368
Oct 199958920.982.80$1,651
Sep 199956221.752.62$1,472
Aug 199958219.262.88$1,674
Jul 199954917.892.37$1,302
Jun 199961215.942.36$1,446
May 199964215.792.32$1,490
Apr 199962215.102.21$1,373
Mar 199964712.471.84$1,189
Feb 19995889.981.82$1,069
Jan 199967610.381.90$1,284
Dec 19987419.201.77$1,314
Nov 199863710.892.19$1,392
Oct 199810512.421.97$207
Sep 199863212.592.08$1,316
Aug 199865711.301.91$1,253
Jul 199865911.742.24$1,474
Jun 199859911.242.24$1,340
May 199866612.622.21$1,469
Apr 199865213.042.51$1,633
Mar 199870112.802.31$1,619
Feb 199861013.952.30$1,402
Jan 199868814.702.15$1,483
Dec 199771516.322.41$1,724
Nov 199766918.193.09$2,066
Oct 199768819.253.15$2,167
Sep 199766017.742.95$1,950
Aug 199768417.862.55$1,747
Jul 199768417.582.25$1,537
Jun 199767117.242.26$1,515
May 199763818.972.31$1,473
Apr 199767917.882.08$1,414
Mar 199770318.951.94$1,363
Feb 199753120.492.21$1,171
Jan 199775523.483.54$2,672
Dec 199678723.32$0
Nov 199669521.97$0
Oct 199671223.31$0
Sep 199669422.22$0
Aug 199672620.26$0
Jul 199672219.55$0
Jun 199670318.73$0
May 199655819.43$0
Apr 199672321.51$0
Mar 199674419.38$0
Feb 199676216.98$0
Jan 199693917.07$0
Dec 199577217.19$0
Nov 199585116.00$0
Oct 199576515.43$0
Sep 199580616.18$0
Aug 199578615.92$0
Jul 199582015.24$0
Jun 199576716.41$0
May 199585017.56$0
Apr 199582917.73$0
Mar 199587916.44$0
Feb 199578516.58$0
Jan 199585615.92$0
Dec 199480115.03$0
Nov 199475315.90$0
Oct 199478115.58$0
Sep 199475415.29$0
Aug 199481916.13$0
Jul 199486817.56$0
Jun 199491917.09$0
May 199482815.88$0
Apr 199480314.14$0
Mar 199481812.46$0
Feb 199473012.50$0
Jan 199483312.66$0
Dec 199382512.33$0
Nov 199374514.49$0
Oct 199381115.85$0
Sep 199380515.03$0
Aug 199383915.66$0
Jul 199387315.46$0
Jun 199375116.79$0
May 199379517.68$0
Apr 199374518.05$0
Mar 199381918.14$0
Feb 199377717.90$0
Jan 199392016.93$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 2005 — as filed, then multipliedworked
Gas                  320 Mcf  × $ 13.80 =     $4,415

────────────────────────────────────────────────────
Month total                                   $4,415

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/27451 is the state's own key, not one this site invented.