RENT

Name: RENT lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

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 27722District 10Field 89120001GasSave Export

Value, all time

$627 k

Jan 1993 – Oct 2007

Value, last 12 filed months

$47 k

at the published price for each month

Months reported

178

no gaps in the span

Streams

gas

The TEXAS HUGOTON field

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.

Stream	Basis	Volume	Value
Gas	Production	263,454 Mcf	$627,334
Total			$627,334

113,855 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 36.4794, -101.6866. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.47943, -101.68658 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

2,956 ft

1 wells filed one

Completion to plug

62.4 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 2,956 ft.

Completions filed

May 1945

1 of 1 wells

Plug dates filed

Oct 2007

1 of 1 wells

Last completion to plug: a median of 62.4 years across the 1 well that filed both dates, with the middle half between 62.4 years and 62.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-42100175	1	2,956 ft	May 1945	Oct 2007	Yes

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 (178)

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

178 months


Oct 2007	0	82.85	6.92	$0
Sep 2007	0	75.84	6.24	$0
Aug 2007	0	69.06	6.39	$0
Jul 2007	0	70.90	6.39	$0
Jun 2007	0	62.00	7.55	$0
May 2007	0	58.74	7.85	$0
Apr 2007	2	59.61	7.81	$16
Mar 2007	1,476	56.92	7.30	$10,778
Feb 2007	1,186	55.10	8.22	$9,744
Jan 2007	1,503	50.30	6.73	$10,110
Dec 2006	1,619	56.65	6.92	$11,201
Nov 2006	685	54.20	7.62	$5,218
Oct 2006	384	54.90	6.01	$2,309
Sep 2006	534	60.08	5.04	$2,690
Aug 2006	909	68.71	7.34	$6,672
Jul 2006	580	69.37	6.34	$3,679
Jun 2006	938	66.28	6.38	$5,988
May 2006	641	66.01	6.42	$4,118
Apr 2006	973	64.39	7.36	$7,162
Mar 2006	950	56.70	7.08	$6,729
Feb 2006	901	57.59	7.75	$6,984
Jan 2006	998	60.59	8.93	$8,915
Dec 2005	1,199	54.94	13.42	$16,085
Nov 2005	877	54.69	10.59	$9,286
Oct 2005	828	58.34	13.80	$11,423
Sep 2005	613	61.45	12.08	$7,404
Aug 2005	626	61.51	9.80	$6,133
Jul 2005	960	55.69	7.84	$7,530
Jun 2005	907	52.33	7.38	$6,695
May 2005	867	45.22	6.65	$5,767
Apr 2005	1,127	49.20	7.36	$8,295
Mar 2005	1,193	50.37	7.15	$8,536
Feb 2005	923	45.22	6.31	$5,826
Jan 2005	641	43.16	6.32	$4,053
Dec 2004	533	39.86	6.75	$3,598
Nov 2004	632	45.28	6.33	$4,001
Oct 2004	763	49.70	6.52	$4,971
Sep 2004	760	43.24	5.28	$4,016
Aug 2004	514	42.37	5.55	$2,853
Jul 2004	785	38.28	6.08	$4,776
Jun 2004	681	36.10	6.43	$4,381
May 2004	609	37.48	6.49	$3,955
Apr 2004	715	34.47	5.86	$4,189
Mar 2004	888	34.36	5.53	$4,911
Feb 2004	825	32.45	5.51	$4,545
Jan 2004	916	32.03	6.30	$5,770
Dec 2003	1,034	30.26	6.30	$6,516
Nov 2003	828	28.80	4.60	$3,805
Oct 2003	815	28.17	4.76	$3,879
Sep 2003	863	26.31	4.75	$4,099
Aug 2003	710	29.76	5.13	$3,642
Jul 2003	820	29.41	5.17	$4,240
Jun 2003	577	28.56	5.98	$3,452
May 2003	290	26.59	5.97	$1,732
Apr 2003	636	26.67	5.41	$3,439
Mar 2003	804	31.14	6.10	$4,901
Feb 2003	832	33.48	7.93	$6,594
Jan 2003	1,126	30.31	5.58	$6,285
Dec 2002	1,134	26.91	4.85	$5,504
Nov 2002	1,054	24.66	4.14	$4,360
Oct 2002	1,145	26.46	4.23	$4,842
Sep 2002	1,118	27.44	3.64	$4,064
Aug 2002	1,207	25.96	3.16	$3,819
Jul 2002	1,099	24.58	3.06	$3,365
Jun 2002	1,022	23.73	3.34	$3,412
May 2002	916	24.66	3.58	$3,283
Apr 2002	1,131	23.65	3.51	$3,972
Mar 2002	1,163	22.00	3.10	$3,608
Feb 2002	1,091	18.22	2.38	$2,592
Jan 2002	1,109	17.17	2.38	$2,635
Dec 2001	1,043	16.93	2.36	$2,466
Nov 2001	1,208	18.07	2.41	$2,906
Oct 2001	1,341	19.78	2.53	$3,391
Sep 2001	1,353	24.26	2.25	$3,046
Aug 2001	1,388	24.87	3.05	$4,238
Jul 2001	1,259	23.93	3.20	$4,025
Jun 2001	944	24.56	3.82	$3,610
May 2001	902	25.52	4.31	$3,885
Apr 2001	1,309	24.68	5.34	$6,984
Mar 2001	1,443	24.54	5.38	$7,758
Feb 2001	1,312	27.75	5.77	$7,566
Jan 2001	1,512	27.47	8.40	$12,699
Dec 2000	1,415	26.88	9.12	$12,908
Nov 2000	1,378	32.21	5.66	$7,797
Oct 2000	1,363	31.23	5.15	$7,013
Sep 2000	1,272	31.87	5.19	$6,597
Aug 2000	1,419	29.64	4.54	$6,443
Jul 2000	1,398	28.53	4.09	$5,717
Jun 2000	1,401	29.30	4.40	$6,161
May 2000	761	27.26	3.68	$2,800
Apr 2000	1,426	24.51	3.12	$4,443
Mar 2000	1,525	28.42	2.86	$4,361
Feb 2000	1,499	27.62	2.73	$4,087
Jan 2000	1,493	25.27	2.48	$3,703
Dec 1999	1,716	24.28	2.42	$4,159
Nov 1999	1,616	23.19	2.43	$3,933
Oct 1999	1,564	20.98	2.80	$4,385
Sep 1999	1,084	21.75	2.62	$2,839
Aug 1999	1,415	19.26	2.88	$4,069
Jul 1999	1,555	17.89	2.37	$3,689
Jun 1999	1,427	15.94	2.36	$3,371
May 1999	1,709	15.79	2.32	$3,967
Apr 1999	1,868	15.10	2.21	$4,125
Mar 1999	2,196	12.47	1.84	$4,037
Feb 1999	1,823	9.98	1.82	$3,314
Jan 1999	1,802	10.38	1.90	$3,424
Dec 1998	1,767	9.20	1.77	$3,133
Nov 1998	1,948	10.89	2.19	$4,258
Oct 1998	1,641	12.42	1.97	$3,231
Sep 1998	1,347	12.59	2.08	$2,805
Aug 1998	2,006	11.30	1.91	$3,826
Jul 1998	1,842	11.74	2.24	$4,121
Jun 1998	1,299	11.24	2.24	$2,906
May 1998	2,110	12.62	2.21	$4,655
Apr 1998	2,183	13.04	2.51	$5,469
Mar 1998	2,053	12.80	2.31	$4,741
Feb 1998	1,556	13.95	2.30	$3,577
Jan 1998	2,128	14.70	2.15	$4,585
Dec 1997	1,612	16.32	2.41	$3,887
Nov 1997	835	18.19	3.09	$2,579
Oct 1997	1,246	19.25	3.15	$3,925
Sep 1997	1,654	17.74	2.95	$4,887
Aug 1997	1,566	17.86	2.55	$4,001
Jul 1997	1,763	17.58	2.25	$3,961
Jun 1997	1,756	17.24	2.26	$3,964
May 1997	1,759	18.97	2.31	$4,061
Apr 1997	2,283	17.88	2.08	$4,755
Mar 1997	2,057	18.95	1.94	$3,989
Feb 1997	2,198	20.49	2.21	$4,849
Jan 1997	1,666	23.48	3.54	$5,897
Dec 1996	2,023	23.32	—	$0
Nov 1996	2,230	21.97	—	$0
Oct 1996	2,085	23.31	—	$0
Sep 1996	2,133	22.22	—	$0
Aug 1996	2,056	20.26	—	$0
Jul 1996	1,873	19.55	—	$0
Jun 1996	1,708	18.73	—	$0
May 1996	2,029	19.43	—	$0
Apr 1996	2,004	21.51	—	$0
Mar 1996	2,201	19.38	—	$0
Feb 1996	2,110	16.98	—	$0
Jan 1996	2,165	17.07	—	$0
Dec 1995	2,326	17.19	—	$0
Nov 1995	2,194	16.00	—	$0
Oct 1995	2,258	15.43	—	$0
Sep 1995	2,441	16.18	—	$0
Aug 1995	2,393	15.92	—	$0
Jul 1995	2,257	15.24	—	$0
Jun 1995	1,253	16.41	—	$0
May 1995	2,086	17.56	—	$0
Apr 1995	2,243	17.73	—	$0
Mar 1995	2,411	16.44	—	$0
Feb 1995	2,224	16.58	—	$0
Jan 1995	2,493	15.92	—	$0
Dec 1994	2,662	15.03	—	$0
Nov 1994	2,403	15.90	—	$0
Oct 1994	2,591	15.58	—	$0
Sep 1994	2,560	15.29	—	$0
Aug 1994	2,561	16.13	—	$0
Jul 1994	2,668	17.56	—	$0
Jun 1994	2,029	17.09	—	$0
May 1994	2,516	15.88	—	$0
Apr 1994	2,475	14.14	—	$0
Mar 1994	2,697	12.46	—	$0
Feb 1994	2,461	12.50	—	$0
Jan 1994	2,737	12.66	—	$0
Dec 1993	2,598	12.33	—	$0
Nov 1993	2,495	14.49	—	$0
Oct 1993	2,711	15.85	—	$0
Sep 1993	2,717	15.03	—	$0
Aug 1993	2,661	15.66	—	$0
Jul 1993	2,784	15.46	—	$0
Jun 1993	2,226	16.79	—	$0
May 1993	2,951	17.68	—	$0
Apr 1993	2,798	18.05	—	$0
Mar 1993	2,934	18.14	—	$0
Feb 1993	2,493	17.90	—	$0
Jan 1993	2,931	16.93	—	$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                    2 Mcf  × $  7.81 =        $16

────────────────────────────────────────────────────
Month total                                      $16

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/27722 is the state's own key, not one this site invented.