TREADWELL

Operated by LINN OPERATING, INC. (P-5 501545) in the BRISCOE (MORROW) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 82880District 10Field 12007500NGPA filingCondensateGasSaveExport
Value, all time
$6.3 M
Jan 1993 – Jun 2012
Value, last 12 filed months
$0
at the published price for each month
Months reported
234
no gaps in the span
Streams
2
condensate, 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 26 leases and 26 wells, and the rule below applies to all of them.

Discovered
1978-07-24
as the register files it
Field class
Gas
the register's own label
Between wells
2,640 ft
minimum
From a lease line
1,320 ft
minimum

A drilling unit in this field needs at least 640 acres.

The Commission's schedule remark for this field reads: ALLOCATION FORMULA SUSPENDED EFF. 5/1/94

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
CondensateDisposition2,817 bbl$60,469
GasProduction2,982,944 Mcf$6,254,935
Total$6,315,404

1,582,729 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 35.5928, -100.2693. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.59282, -100.26932 · 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
14,950 ft
1 wells filed one
Completion to plug
33.0 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 14,950 ft.

Completions filed
Jun 1979
1 of 1 wells
Plug dates filed
Jun 2012
1 of 1 wells

Last completion to plug: a median of 33.0 years across the 1 well that filed both dates, with the middle half between 33.0 years and 33.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-48330619214,950 ftJun 1979Jun 2012Yes

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 (234)

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

234 months

Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 200804,11937.105.98$24,620
Nov 200805,69555.496.86$39,070
Oct 200806,25575.246.92$43,297
Sep 20080378101.767.88$2,978
Aug 200801,960114.228.48$16,627
Jul 200805,194131.0811.39$59,157
Jun 200805,005131.3313.03$65,228
May 200805,278123.1711.57$61,089
Apr 200804,407110.3110.45$46,075
Mar 200805,011101.909.66$48,427
Feb 200804,40392.538.77$38,617
Jan 2008955,01290.388.21$49,713
Dec 200702,99688.337.30$21,877
Nov 200704,49691.677.29$32,783
Oct 200706,35682.856.92$43,996
Sep 200703,48475.846.24$21,755
Aug 200702169.066.39$134
Jul 200702,66470.906.39$17,017
Jun 200702,38962.007.55$18,033
May 200704,90958.747.85$38,517
Apr 200706,26959.617.81$48,931
Mar 200708,16756.927.30$59,635
Feb 200703,12055.108.22$25,634
Jan 200702,54950.306.73$17,147
Dec 200604,39256.656.92$30,386
Nov 200606,31054.207.62$48,066
Oct 200607,26954.906.01$43,714
Sep 200607,50660.085.04$37,809
Aug 200606,47668.717.34$47,533
Jul 200607,64669.376.34$48,497
Jun 200607,32066.286.38$46,730
May 200607,46866.016.42$47,982
Apr 200607,37664.397.36$54,291
Mar 200607,81856.707.08$55,374
Feb 200606,72957.597.75$52,157
Jan 200608,11060.598.93$72,449
Dec 200506,68654.9413.42$89,695
Nov 200507,19854.6910.59$76,215
Oct 200507,50558.3413.80$103,537
Sep 200507,45461.4512.08$90,037
Aug 200507,75061.519.80$75,926
Jul 20051067,24655.697.84$62,738
Jun 200506,28752.337.38$46,405
May 200507,35845.226.65$48,939
Apr 200505,99549.207.36$44,126
Mar 200508,24650.377.15$58,999
Feb 200508,36245.226.31$52,780
Jan 200509,40643.166.32$59,467
Dec 200407,79039.866.75$52,591
Nov 200408,10145.286.33$51,283
Oct 200408,79749.706.52$57,313
Sep 200407,53443.245.28$39,809
Aug 200409,54942.375.55$53,003
Jul 200409,62638.286.08$58,566
Jun 200408,76136.106.43$56,360
May 200409,35337.486.49$60,744
Apr 200409,45134.475.86$55,368
Mar 200409,62934.365.53$53,250
Feb 2004010,03032.455.51$55,261
Jan 2004010,16132.036.30$64,011
Dec 200309,69330.266.30$61,082
Nov 200309,02928.804.60$41,490
Oct 2003010,38628.174.76$49,434
Sep 2003010,18626.314.75$48,377
Aug 200309,39029.765.13$48,168
Jul 2003010,05929.415.17$52,013
Jun 200307,04228.565.98$42,132
May 200309,08726.595.97$54,274
Apr 200307,69326.675.41$41,598
Mar 200309,89631.146.10$60,326
Feb 200308,23933.487.93$65,301
Jan 200308,82130.315.58$49,239
Dec 200207,51726.914.85$36,486
Nov 200209,52224.664.14$39,392
Oct 2002010,07626.464.23$42,613
Sep 200202,74127.443.64$9,964
Aug 200207,15825.963.16$22,649
Jul 200206,91524.583.06$21,172
Jun 200206,62323.733.34$22,109
May 200208,22324.663.58$29,471
Apr 200207,02123.653.51$24,660
Mar 200206,74122.003.10$20,915
Feb 200207,58418.222.38$18,017
Jan 200207,39717.172.38$17,573
Dec 200107,90816.932.36$18,698
Nov 200108,88818.072.41$21,380
Oct 2001010,19219.782.53$25,774
Sep 200109,45224.262.25$21,279
Aug 200109,67724.873.05$29,545
Jul 200108,92023.933.20$28,518
Jun 2001010,17024.563.82$38,892
May 2001010,14025.524.31$43,676
Apr 2001013,25224.685.34$70,704
Mar 2001011,60024.545.38$62,367
Feb 2001011,53127.755.77$66,500
Jan 2001014,02127.478.40$117,759
Dec 2000012,02526.889.12$109,698
Nov 2000010,98132.215.66$62,131
Oct 2000015,54931.235.15$80,007
Sep 2000014,15731.875.19$73,425
Aug 2000014,18129.644.54$64,392
Jul 2000014,69828.534.09$60,111
Jun 200001,81729.304.40$7,990
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 200006,66628.422.86$19,063
Feb 200007,11627.622.73$19,402
Jan 20002065,42925.272.48$18,672
Dec 199908,98624.282.42$21,780
Nov 199909,75123.192.43$23,734
Oct 199907,14620.982.80$20,035
Sep 199902,49021.752.62$6,521
Aug 199905,58319.262.88$16,054
Jul 199908,08817.892.37$19,188
Jun 199904,55415.942.36$10,757
May 1999154,73315.792.32$11,222
Apr 1999040015.102.21$883
Mar 1999079312.471.84$1,458
Feb 199901,5729.981.82$2,858
Jan 199908,69610.381.90$16,522
Dec 1998016,6079.201.77$29,450
Nov 1998019,81510.892.19$43,310
Oct 1998020,34212.421.97$40,058
Sep 1998019,85212.592.08$41,344
Aug 1998021,01611.301.91$40,085
Jul 1998019,69311.742.24$44,059
Jun 199820720,15611.242.24$47,421
May 1998020,11312.622.21$44,376
Apr 1998020,16913.042.51$50,530
Mar 1998021,07712.802.31$48,676
Feb 1998020,70113.952.30$47,594
Jan 1998022,28814.702.15$48,026
Dec 1997023,06616.322.41$55,614
Nov 1997021,12718.193.09$65,246
Oct 1997024,80419.253.15$78,128
Sep 1997021,06117.742.95$62,233
Aug 1997025,30117.862.55$64,637
Jul 1997026,68617.582.25$59,962
Jun 199719424,98217.242.26$59,734
May 1997025,03118.972.31$57,784
Apr 1997024,60817.882.08$51,253
Mar 1997022,57118.951.94$43,768
Feb 1997025,70620.492.21$56,705
Jan 1997022,41023.483.54$79,325
Dec 199618129,21423.32$4,221
Nov 1996026,06221.97$0
Oct 1996027,68923.31$0
Sep 1996027,57822.22$0
Aug 1996029,61720.26$0
Jul 1996028,78719.55$0
Jun 1996023,74718.73$0
May 1996030,26319.43$0
Apr 199619629,56321.51$4,216
Mar 1996029,99019.38$0
Feb 1996027,05416.98$0
Jan 1996028,08817.07$0
Dec 1995029,57817.19$0
Nov 199518131,04816.00$2,896
Oct 1995033,22315.43$0
Sep 1995033,41116.18$0
Aug 1995032,93115.92$0
Jul 1995021,21815.24$0
Jun 199517933,92716.41$2,937
May 1995036,44917.56$0
Apr 199518237,92517.73$3,227
Mar 1995039,05016.44$0
Feb 1995028,19216.58$0
Jan 1995026,73215.92$0
Dec 1994041,48715.03$0
Nov 199418341,84115.90$2,910
Oct 1994038,94115.58$0
Sep 1994031,04515.29$0
Aug 199417639,15216.13$2,839
Jul 1994047,31117.56$0
Jun 1994043,22217.09$0
May 199417718,09615.88$2,811
Apr 1994043,99314.14$0
Mar 1994037,50412.46$0
Feb 1994027,14112.50$0
Jan 1994023,66712.66$0
Dec 1993025,33912.33$0
Nov 1993031,03814.49$0
Oct 1993019,25115.85$0
Sep 1993033,84615.03$0
Aug 1993046,19115.66$0
Jul 199335526,85115.46$5,488
Jun 1993035,85416.79$0
May 1993016,21517.68$0
Apr 199318446,86918.05$3,321
Mar 1993052,72118.14$0
Feb 1993050,92017.90$0
Jan 1993042,89816.93$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.

Dec 2008 — as filed, then multipliedworked
Condensate             0 bbl  × $ 37.10 =         $0
Gas                4,119 Mcf  × $  5.98 =    $24,620

────────────────────────────────────────────────────
Month total                                  $24,620

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/82880 is the state's own key, not one this site invented.