BIV -A-

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 27460District 10Field 89120001GasSaveExport
Value, all time
$1.7 M
Jan 1993 – May 2004
Value, last 12 filed months
$277 k
at the published price for each month
Months reported
137
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.

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
GasProduction852,365 Mcf$1,712,049
Total$1,712,049

360,832 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 36.2329, -101.6705. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.23286, -101.67051 · 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
3,183 ft
1 wells filed one
Completion to plug
55.4 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 3,183 ft.

Completions filed
Dec 1948
1 of 1 wells
Plug dates filed
May 2004
1 of 1 wells

Last completion to plug: a median of 55.4 years across the 1 well that filed both dates, with the middle half between 55.4 years and 55.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4210041513,183 ftDec 1948May 2004Yes

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 (137)

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

137 months

May 2004037.486.49$0
Apr 2004034.475.86$0
Mar 2004034.365.53$0
Feb 20043,65932.455.51$20,160
Jan 20045,88932.036.30$37,099
Dec 20035,45530.266.30$34,375
Nov 20036,01728.804.60$27,649
Oct 20036,42128.174.76$30,562
Sep 20036,19526.314.75$29,422
Aug 20036,35129.765.13$32,579
Jul 20035,71729.415.17$29,562
Jun 20035,91428.565.98$35,383
May 20035,43526.595.97$32,462
Apr 20035,83726.675.41$31,562
Mar 20035,74031.146.10$34,991
Feb 20034,83033.487.93$38,282
Jan 20034,74930.315.58$26,509
Dec 20024,72826.914.85$22,949
Nov 20024,67924.664.14$19,357
Oct 20024,98426.464.23$21,078
Sep 20025,08527.443.64$18,485
Aug 20025,75025.963.16$18,194
Jul 20026,04324.583.06$18,502
Jun 20026,09423.733.34$20,343
May 20025,33724.663.58$19,128
Apr 20026,20123.653.51$21,780
Mar 20025,99022.003.10$18,585
Feb 20025,67418.222.38$13,480
Jan 20026,39317.172.38$15,188
Dec 20016,70816.932.36$15,860
Nov 20016,74418.072.41$16,223
Oct 20016,86519.782.53$17,361
Sep 20016,41924.262.25$14,451
Aug 20016,57324.873.05$20,068
Jul 20016,16723.933.20$19,716
Jun 20015,73124.563.82$21,916
May 20016,64125.524.31$28,605
Apr 20015,72524.685.34$30,545
Mar 20015,20424.545.38$27,979
Feb 20014,69127.755.77$27,053
Jan 20014,86727.478.40$40,877
Dec 20004,77826.889.12$43,587
Nov 20004,40432.215.66$24,918
Oct 20004,97931.235.15$25,619
Sep 20004,54931.875.19$23,593
Aug 20004,63929.644.54$21,065
Jul 20004,95228.534.09$20,252
Jun 20004,64629.304.40$20,430
May 20004,52927.263.68$16,666
Apr 20004,72924.513.12$14,736
Mar 20004,98828.422.86$14,264
Feb 20004,70627.622.73$12,831
Jan 20005,08925.272.48$12,623
Dec 19995,09324.282.42$12,344
Nov 19994,98823.192.43$12,141
Oct 19995,24020.982.80$14,691
Sep 19995,03521.752.62$13,186
Aug 19995,32319.262.88$15,307
Jul 19995,22917.892.37$12,405
Jun 19995,24315.942.36$12,384
May 19995,46715.792.32$12,689
Apr 19995,32715.102.21$11,762
Mar 19995,59412.471.84$10,284
Feb 19995,2779.981.82$9,592
Jan 19996,37610.381.90$12,114
Dec 19985,8999.201.77$10,461
Nov 19986,32010.892.19$13,814
Oct 19985,67612.421.97$11,177
Sep 19985,68112.592.08$11,831
Aug 19986,02911.301.91$11,499
Jul 19986,31011.742.24$14,117
Jun 19985,07411.242.24$11,352
May 19985,87812.622.21$12,969
Apr 19986,22413.042.51$15,593
Mar 19986,25112.802.31$14,436
Feb 19985,90213.952.30$13,569
Jan 19985,87814.702.15$12,666
Dec 19975,48016.322.41$13,213
Nov 19976,87918.193.09$21,244
Oct 19976,94419.253.15$21,872
Sep 19976,86217.742.95$20,276
Aug 19976,95017.862.55$17,755
Jul 19977,24617.582.25$16,281
Jun 19976,56017.242.26$14,807
May 19975,96918.972.31$13,779
Apr 19976,42317.882.08$13,378
Mar 19977,23318.951.94$14,026
Feb 19977,21020.492.21$15,905
Jan 19977,97323.483.54$28,222
Dec 19967,86823.32$0
Nov 19967,99221.97$0
Oct 19968,05723.31$0
Sep 19966,84322.22$0
Aug 19966,33720.26$0
Jul 19966,54319.55$0
Jun 19966,09118.73$0
May 19966,86319.43$0
Apr 19967,62421.51$0
Mar 19968,74519.38$0
Feb 19968,61316.98$0
Jan 19967,74717.07$0
Dec 19957,49217.19$0
Nov 19957,59416.00$0
Oct 19958,16615.43$0
Sep 19957,77316.18$0
Aug 19957,95015.92$0
Jul 19956,94615.24$0
Jun 19956,08516.41$0
May 19958,05617.56$0
Apr 19957,89617.73$0
Mar 19957,99616.44$0
Feb 19957,39416.58$0
Jan 19956,99915.92$0
Dec 19947,29415.03$0
Nov 19947,38315.90$0
Oct 19948,55915.58$0
Sep 19948,81615.29$0
Aug 19948,81516.13$0
Jul 19949,21317.56$0
Jun 19946,99817.09$0
May 19948,58715.88$0
Apr 19948,42414.14$0
Mar 19946,79012.46$0
Feb 19946,62812.50$0
Jan 19947,51312.66$0
Dec 19937,71012.33$0
Nov 19937,30614.49$0
Oct 19938,62915.85$0
Sep 19937,64515.03$0
Aug 19937,46515.66$0
Jul 19936,98915.46$0
Jun 19935,85616.79$0
May 19937,66217.68$0
Apr 19936,05918.05$0
Mar 19936,81518.14$0
Feb 19936,54517.90$0
Jan 19937,46116.93$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.

Feb 2004 — as filed, then multipliedworked
Gas                3,659 Mcf  × $  5.51 =    $20,160

────────────────────────────────────────────────────
Month total                                  $20,160

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/27460 is the state's own key, not one this site invented.