EDGAR -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 27965District 10Field 89120001GasSaveExport
Value, all time
$564 k
Jan 1993 – Dec 2003
Value, last 12 filed months
$0
at the published price for each month
Months reported
132
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
GasProduction372,762 Mcf$563,705
Total$563,705

189,100 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 36.1464, -101.5976. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.14642, -101.59758 · 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
3,143 ft
1 wells filed one
Completion to plug
52.2 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 3,143 ft.

Completions filed
Oct 1951
1 of 1 wells
Plug dates filed
Dec 2003
1 of 1 wells

Last completion to plug: a median of 52.2 years across the 1 well that filed both dates, with the middle half between 52.2 years and 52.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-1950051613,143 ftOct 1951Dec 2003Yes

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 (132)

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

132 months

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 200286926.464.23$3,675
Sep 20022,17127.443.64$7,892
Aug 20022,36425.963.16$7,480
Jul 20022,35524.583.06$7,210
Jun 20022,36523.733.34$7,895
May 20022,03024.663.58$7,276
Apr 20022,28523.653.51$8,026
Mar 20022,37922.003.10$7,381
Feb 20022,15418.222.38$5,117
Jan 20022,38917.172.38$5,676
Dec 20012,41616.932.36$5,712
Nov 20012,35318.072.41$5,660
Oct 20012,43719.782.53$6,163
Sep 20012,35524.262.25$5,302
Aug 20012,47424.873.05$7,554
Jul 20012,48923.933.20$7,958
Jun 20012,29224.563.82$8,765
May 20012,52225.524.31$10,863
Apr 20012,44824.685.34$13,061
Mar 20012,52924.545.38$13,597
Feb 20012,29027.755.77$13,207
Jan 20012,55727.478.40$21,476
Dec 20002,60726.889.12$23,782
Nov 20002,51332.215.66$14,219
Oct 20002,61731.235.15$13,466
Sep 20002,45531.875.19$12,733
Aug 20002,62529.644.54$11,919
Jul 20002,63228.534.09$10,764
Jun 20002,60629.304.40$11,459
May 20002,40827.263.68$8,861
Apr 20002,55624.513.12$7,965
Mar 20002,66428.422.86$7,618
Feb 20002,51627.622.73$6,860
Jan 20002,68425.272.48$6,658
Dec 19992,70924.282.42$6,566
Nov 19992,62623.192.43$6,392
Oct 19992,76820.982.80$7,761
Sep 19992,65421.752.62$6,950
Aug 19992,66819.262.88$7,672
Jul 19992,79917.892.37$6,640
Jun 19992,70015.942.36$6,378
May 19992,81615.792.32$6,536
Apr 19992,72715.102.21$6,021
Mar 19992,82612.471.84$5,195
Feb 19992,5839.981.82$4,695
Jan 19992,83410.381.90$5,384
Dec 19982,8609.201.77$5,072
Nov 19982,78010.892.19$6,076
Oct 19982,86312.421.97$5,638
Sep 19982,77412.592.08$5,777
Aug 19982,90311.301.91$5,537
Jul 19982,94011.742.24$6,578
Jun 19982,70411.242.24$6,050
May 19982,91312.622.21$6,427
Apr 19982,83313.042.51$7,098
Mar 19982,94012.802.31$6,790
Feb 19982,67413.952.30$6,148
Jan 19982,93814.702.15$6,331
Dec 19972,94816.322.41$7,108
Nov 19972,86918.193.09$8,860
Oct 19972,97219.253.15$9,361
Sep 19972,89817.742.95$8,563
Aug 19973,03317.862.55$7,749
Jul 19973,05617.582.25$6,867
Jun 19973,06217.242.26$6,912
May 19972,92718.972.31$6,757
Apr 19972,92117.882.08$6,084
Mar 19973,00618.951.94$5,829
Feb 19972,72420.492.21$6,009
Jan 19973,00823.483.54$10,647
Dec 19963,03523.32$0
Nov 19962,89321.97$0
Oct 19962,88023.31$0
Sep 19963,11122.22$0
Aug 19963,47120.26$0
Jul 19963,49719.55$0
Jun 19963,32318.73$0
May 19963,57119.43$0
Apr 19963,47921.51$0
Mar 19963,60319.38$0
Feb 19963,38316.98$0
Jan 19963,62917.07$0
Dec 19953,63717.19$0
Nov 19953,55016.00$0
Oct 19953,69615.43$0
Sep 19953,79416.18$0
Aug 19953,73015.92$0
Jul 19953,84015.24$0
Jun 19953,17616.41$0
May 19953,69717.56$0
Apr 19953,56717.73$0
Mar 19953,79216.44$0
Feb 19953,44616.58$0
Jan 19953,85615.92$0
Dec 19943,86615.03$0
Nov 19943,82915.90$0
Oct 19944,14215.58$0
Sep 19944,05115.29$0
Aug 19944,24516.13$0
Jul 19944,12717.56$0
Jun 19944,03417.09$0
May 19944,35415.88$0
Apr 19944,13814.14$0
Mar 19944,36612.46$0
Feb 19943,91912.50$0
Jan 19944,32212.66$0
Dec 19934,35412.33$0
Nov 19934,32514.49$0
Oct 19934,65115.85$0
Sep 19934,50015.03$0
Aug 19934,75915.66$0
Jul 19934,79415.46$0
Jun 19934,32916.79$0
May 19934,33717.68$0
Apr 19934,69218.05$0
Mar 19935,01418.14$0
Feb 19934,81917.90$0
Jan 19935,47716.93$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 2002 — as filed, then multipliedworked
Gas                  869 Mcf  × $  4.23 =     $3,675

────────────────────────────────────────────────────
Month total                                   $3,675

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/27965 is the state's own key, not one this site invented.