JULIUS

Name: JULIUS 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 PANHANDLE, WEST field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 88678District 10Field 68831001NGPA filingGasSave Export

Value, all time

$207 k

Jan 1993 – Oct 2009

Value, last 12 filed months

at the published price for each month

Months reported

202

no gaps in the span

Streams

gas

The PANHANDLE, WEST 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 4,532 leases and 4,532 wells, and the rule below applies to all of them.

Discovered

1933-02-08

as the register files it

Field class

Gas

the register's own label

Between wells

660 ft

minimum

From a lease line

330 ft

minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 2013-11-12.

The Commission's schedule remark for this field reads: “IS HEREBY SUSPENDED.”

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.

Programme	Filings	With an approval date	Dated	Docket
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Gas	Production	128,542 Mcf	$206,815
Total			$206,815

75,419 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 35.8441, -102.0574. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.84409, -102.05738 · 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

3,604 ft

1 wells filed one

Completion to plug

29.3 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 3,604 ft.

Completions filed

Jun 1980

1 of 1 wells

Plug dates filed

Oct 2009

1 of 1 wells

Last completion to plug: a median of 29.3 years across the 1 well that filed both dates, with the middle half between 29.3 years and 29.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-34130578	2	3,604 ft	Jun 1980	Oct 2009	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 (202)

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

202 months


Oct 2009	0	72.54	4.11	$0
Sep 2009	0	65.54	3.06	$0
Aug 2009	0	67.42	3.22	$0
Jul 2009	0	61.13	3.46	$0
Jun 2009	0	66.16	3.90	$0
May 2009	0	54.74	3.93	$0
Apr 2009	0	46.77	3.59	$0
Mar 2009	0	42.14	4.06	$0
Feb 2009	0	32.81	4.63	$0
Jan 2009	0	35.86	5.37	$0
Dec 2008	0	37.10	5.98	$0
Nov 2008	0	55.49	6.86	$0
Oct 2008	0	75.24	6.92	$0
Sep 2008	0	101.76	7.88	$0
Aug 2008	0	114.22	8.48	$0
Jul 2008	0	131.08	11.39	$0
Jun 2008	1	131.33	13.03	$13
May 2008	4	123.17	11.57	$46
Apr 2008	0	110.31	10.45	$0
Mar 2008	0	101.90	9.66	$0
Feb 2008	0	92.53	8.77	$0
Jan 2008	22	90.38	8.21	$181
Dec 2007	115	88.33	7.30	$840
Nov 2007	120	91.67	7.29	$875
Oct 2007	103	82.85	6.92	$713
Sep 2007	149	75.84	6.24	$930
Aug 2007	139	69.06	6.39	$888
Jul 2007	128	70.90	6.39	$818
Jun 2007	321	62.00	7.55	$2,423
May 2007	214	58.74	7.85	$1,679
Apr 2007	151	59.61	7.81	$1,179
Mar 2007	60	56.92	7.30	$438
Feb 2007	222	55.10	8.22	$1,824
Jan 2007	130	50.30	6.73	$874
Dec 2006	154	56.65	6.92	$1,065
Nov 2006	355	54.20	7.62	$2,704
Oct 2006	355	54.90	6.01	$2,135
Sep 2006	193	60.08	5.04	$972
Aug 2006	174	68.71	7.34	$1,277
Jul 2006	308	69.37	6.34	$1,954
Jun 2006	171	66.28	6.38	$1,092
May 2006	11	66.01	6.42	$71
Apr 2006	71	64.39	7.36	$523
Mar 2006	11	56.70	7.08	$78
Feb 2006	47	57.59	7.75	$364
Jan 2006	124	60.59	8.93	$1,108
Dec 2005	179	54.94	13.42	$2,401
Nov 2005	312	54.69	10.59	$3,304
Oct 2005	303	58.34	13.80	$4,180
Sep 2005	67	61.45	12.08	$809
Aug 2005	251	61.51	9.80	$2,459
Jul 2005	317	55.69	7.84	$2,486
Jun 2005	254	52.33	7.38	$1,875
May 2005	251	45.22	6.65	$1,669
Apr 2005	34	49.20	7.36	$250
Mar 2005	82	50.37	7.15	$587
Feb 2005	346	45.22	6.31	$2,184
Jan 2005	291	43.16	6.32	$1,840
Dec 2004	54	39.86	6.75	$365
Nov 2004	47	45.28	6.33	$298
Oct 2004	70	49.70	6.52	$456
Sep 2004	97	43.24	5.28	$513
Aug 2004	77	42.37	5.55	$427
Jul 2004	249	38.28	6.08	$1,515
Jun 2004	177	36.10	6.43	$1,139
May 2004	337	37.48	6.49	$2,189
Apr 2004	474	34.47	5.86	$2,777
Mar 2004	585	34.36	5.53	$3,235
Feb 2004	586	32.45	5.51	$3,229
Jan 2004	625	32.03	6.30	$3,937
Dec 2003	680	30.26	6.30	$4,285
Nov 2003	659	28.80	4.60	$3,028
Oct 2003	550	28.17	4.76	$2,618
Sep 2003	625	26.31	4.75	$2,968
Aug 2003	533	29.76	5.13	$2,734
Jul 2003	529	29.41	5.17	$2,735
Jun 2003	544	28.56	5.98	$3,255
May 2003	488	26.59	5.97	$2,915
Apr 2003	425	26.67	5.41	$2,298
Mar 2003	516	31.14	6.10	$3,146
Feb 2003	468	33.48	7.93	$3,709
Jan 2003	570	30.31	5.58	$3,182
Dec 2002	608	26.91	4.85	$2,951
Nov 2002	658	24.66	4.14	$2,722
Oct 2002	604	26.46	4.23	$2,554
Sep 2002	623	27.44	3.64	$2,265
Aug 2002	550	25.96	3.16	$1,740
Jul 2002	644	24.58	3.06	$1,972
Jun 2002	571	23.73	3.34	$1,906
May 2002	462	24.66	3.58	$1,656
Apr 2002	309	23.65	3.51	$1,085
Mar 2002	109	22.00	3.10	$338
Feb 2002	174	18.22	2.38	$413
Jan 2002	227	17.17	2.38	$539
Dec 2001	233	16.93	2.36	$551
Nov 2001	293	18.07	2.41	$705
Oct 2001	320	19.78	2.53	$809
Sep 2001	106	24.26	2.25	$239
Aug 2001	265	24.87	3.05	$809
Jul 2001	139	23.93	3.20	$444
Jun 2001	82	24.56	3.82	$314
May 2001	0	25.52	4.31	$0
Apr 2001	19	24.68	5.34	$101
Mar 2001	334	24.54	5.38	$1,796
Feb 2001	185	27.75	5.77	$1,067
Jan 2001	160	27.47	8.40	$1,344
Dec 2000	20	26.88	9.12	$182
Nov 2000	48	32.21	5.66	$272
Oct 2000	77	31.23	5.15	$396
Sep 2000	122	31.87	5.19	$633
Aug 2000	192	29.64	4.54	$872
Jul 2000	168	28.53	4.09	$687
Jun 2000	183	29.30	4.40	$805
May 2000	157	27.26	3.68	$578
Apr 2000	226	24.51	3.12	$704
Mar 2000	572	28.42	2.86	$1,636
Feb 2000	431	27.62	2.73	$1,175
Jan 2000	413	25.27	2.48	$1,024
Dec 1999	575	24.28	2.42	$1,394
Nov 1999	330	23.19	2.43	$803
Oct 1999	584	20.98	2.80	$1,637
Sep 1999	338	21.75	2.62	$885
Aug 1999	560	19.26	2.88	$1,610
Jul 1999	188	17.89	2.37	$446
Jun 1999	469	15.94	2.36	$1,108
May 1999	557	15.79	2.32	$1,293
Apr 1999	636	15.10	2.21	$1,404
Mar 1999	741	12.47	1.84	$1,362
Feb 1999	654	9.98	1.82	$1,189
Jan 1999	569	10.38	1.90	$1,081
Dec 1998	608	9.20	1.77	$1,078
Nov 1998	648	10.89	2.19	$1,416
Oct 1998	676	12.42	1.97	$1,331
Sep 1998	736	12.59	2.08	$1,533
Aug 1998	847	11.30	1.91	$1,616
Jul 1998	908	11.74	2.24	$2,031
Jun 1998	930	11.24	2.24	$2,081
May 1998	1,113	12.62	2.21	$2,456
Apr 1998	781	13.04	2.51	$1,957
Mar 1998	672	12.80	2.31	$1,552
Feb 1998	762	13.95	2.30	$1,752
Jan 1998	1,173	14.70	2.15	$2,528
Dec 1997	739	16.32	2.41	$1,782
Nov 1997	830	18.19	3.09	$2,563
Oct 1997	451	19.25	3.15	$1,421
Sep 1997	780	17.74	2.95	$2,305
Aug 1997	899	17.86	2.55	$2,297
Jul 1997	899	17.58	2.25	$2,020
Jun 1997	537	17.24	2.26	$1,212
May 1997	969	18.97	2.31	$2,237
Apr 1997	1,062	17.88	2.08	$2,212
Mar 1997	1,091	18.95	1.94	$2,116
Feb 1997	1,044	20.49	2.21	$2,303
Jan 1997	978	23.48	3.54	$3,462
Dec 1996	1,190	23.32	—	$0
Nov 1996	1,131	21.97	—	$0
Oct 1996	1,147	23.31	—	$0
Sep 1996	1,244	22.22	—	$0
Aug 1996	1,459	20.26	—	$0
Jul 1996	1,311	19.55	—	$0
Jun 1996	1,078	18.73	—	$0
May 1996	1,291	19.43	—	$0
Apr 1996	1,354	21.51	—	$0
Mar 1996	1,366	19.38	—	$0
Feb 1996	1,109	16.98	—	$0
Jan 1996	1,346	17.07	—	$0
Dec 1995	1,318	17.19	—	$0
Nov 1995	1,292	16.00	—	$0
Oct 1995	1,431	15.43	—	$0
Sep 1995	1,514	16.18	—	$0
Aug 1995	1,106	15.92	—	$0
Jul 1995	1,471	15.24	—	$0
Jun 1995	1,547	16.41	—	$0
May 1995	1,545	17.56	—	$0
Apr 1995	2,067	17.73	—	$0
Mar 1995	1,688	16.44	—	$0
Feb 1995	1,392	16.58	—	$0
Jan 1995	1,648	15.92	—	$0
Dec 1994	1,761	15.03	—	$0
Nov 1994	1,685	15.90	—	$0
Oct 1994	1,759	15.58	—	$0
Sep 1994	1,561	15.29	—	$0
Aug 1994	1,707	16.13	—	$0
Jul 1994	1,776	17.56	—	$0
Jun 1994	1,652	17.09	—	$0
May 1994	1,736	15.88	—	$0
Apr 1994	1,596	14.14	—	$0
Mar 1994	1,759	12.46	—	$0
Feb 1994	1,566	12.50	—	$0
Jan 1994	1,863	12.66	—	$0
Dec 1993	1,893	12.33	—	$0
Nov 1993	1,742	14.49	—	$0
Oct 1993	2,042	15.85	—	$0
Sep 1993	1,901	15.03	—	$0
Aug 1993	2,014	15.66	—	$0
Jul 1993	2,030	15.46	—	$0
Jun 1993	2,035	16.79	—	$0
May 1993	1,562	17.68	—	$0
Apr 1993	1,499	18.05	—	$0
Mar 1993	1,735	18.14	—	$0
Feb 1993	1,669	17.90	—	$0
Jan 1993	1,831	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.

Jun 2008 — as filed, then multipliedworked

Gas                    1 Mcf  × $ 13.03 =        $13

────────────────────────────────────────────────────
Month total                                      $13

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/88678 is the state's own key, not one this site invented.