RESERVE

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

Operated by SUNDOWN ENERGY, INC. (P-5 829278) in the CANADIAN, SE (DOUGLAS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 91401District 10Field 15217250NGPA filingCondensateGasSave Export

Value, all time

$150 k

Jan 1993 – Jul 2004

Value, last 12 filed months

$811

at the published price for each month

Months reported

139

no gaps in the span

Streams

condensate, gas

The CANADIAN, SE (DOUGLAS) 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 419 leases and 430 wells, and the rule below applies to all of them.

Discovered

1972-08-01

as the register files it

Field class

Oil and gas

the register's own label

Between wells

1,320 ft

minimum

From a lease line

660 ft

minimum

A drilling unit in this field needs at least 160 acres.

The Commission's schedule remark for this field reads: “COMBINED W/HUMPHREYS (DOUGLAS) 9/81 CARRIED AS CANADIAN,SE (DOUGLA”

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
Condensate	Disposition	50 bbl	$903
Gas	Production	95,546 Mcf	$149,106
Total			$150,008

52,139 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 35.9117, -100.2886. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.91168, -100.28857 · 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

7,297 ft

1 wells filed one

Completion to plug

23.8 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 7,297 ft.

Completions filed

Oct 1980

1 of 1 wells

Plug dates filed

Jul 2004

1 of 1 wells

Last completion to plug: a median of 23.8 years across the 1 well that filed both dates, with the middle half between 23.8 years and 23.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-21131267	4	7,297 ft	Oct 1980	Jul 2004	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 (139)

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

139 months


Jul 2004	0	0	38.28	6.08	$0
Jun 2004	0	0	36.10	6.43	$0
May 2004	0	0	37.48	6.49	$0
Apr 2004	0	0	34.47	5.86	$0
Mar 2004	0	0	34.36	5.53	$0
Feb 2004	0	0	32.45	5.51	$0
Jan 2004	0	0	32.03	6.30	$0
Dec 2003	0	0	30.26	6.30	$0
Nov 2003	0	0	28.80	4.60	$0
Oct 2003	0	9	28.17	4.76	$43
Sep 2003	0	99	26.31	4.75	$470
Aug 2003	0	58	29.76	5.13	$298
Jul 2003	0	100	29.41	5.17	$517
Jun 2003	0	54	28.56	5.98	$323
May 2003	0	0	26.59	5.97	$0
Apr 2003	0	96	26.67	5.41	$519
Mar 2003	0	286	31.14	6.10	$1,743
Feb 2003	0	0	33.48	7.93	$0
Jan 2003	0	0	30.31	5.58	$0
Dec 2002	0	31	26.91	4.85	$150
Nov 2002	0	0	24.66	4.14	$0
Oct 2002	0	199	26.46	4.23	$842
Sep 2002	0	334	27.44	3.64	$1,214
Aug 2002	0	657	25.96	3.16	$2,079
Jul 2002	0	170	24.58	3.06	$521
Jun 2002	0	186	23.73	3.34	$621
May 2002	0	346	24.66	3.58	$1,240
Apr 2002	0	474	23.65	3.51	$1,665
Mar 2002	0	300	22.00	3.10	$931
Feb 2002	0	317	18.22	2.38	$753
Jan 2002	0	1,119	17.17	2.38	$2,658
Dec 2001	0	981	16.93	2.36	$2,319
Nov 2001	0	1,071	18.07	2.41	$2,576
Oct 2001	0	712	19.78	2.53	$1,801
Sep 2001	0	709	24.26	2.25	$1,596
Aug 2001	0	984	24.87	3.05	$3,004
Jul 2001	0	0	23.93	3.20	$0
Jun 2001	0	1,018	24.56	3.82	$3,893
May 2001	0	1,211	25.52	4.31	$5,216
Apr 2001	0	792	24.68	5.34	$4,226
Mar 2001	0	676	24.54	5.38	$3,634
Feb 2001	0	1,166	27.75	5.77	$6,724
Jan 2001	0	1,174	27.47	8.40	$9,860
Dec 2000	0	1,324	26.88	9.12	$12,078
Nov 2000	0	1,281	32.21	5.66	$7,248
Oct 2000	0	393	31.23	5.15	$2,022
Sep 2000	0	617	31.87	5.19	$3,200
Aug 2000	0	748	29.64	4.54	$3,396
Jul 2000	0	503	28.53	4.09	$2,057
Jun 2000	0	607	29.30	4.40	$2,669
May 2000	0	668	27.26	3.68	$2,458
Apr 2000	0	650	24.51	3.12	$2,025
Mar 2000	0	609	28.42	2.86	$1,742
Feb 2000	0	751	27.62	2.73	$2,048
Jan 2000	0	430	25.27	2.48	$1,067
Dec 1999	0	357	24.28	2.42	$865
Nov 1999	0	503	23.19	2.43	$1,224
Oct 1999	0	373	20.98	2.80	$1,046
Sep 1999	0	393	21.75	2.62	$1,029
Aug 1999	0	278	19.26	2.88	$799
Jul 1999	0	284	17.89	2.37	$674
Jun 1999	0	258	15.94	2.36	$609
May 1999	0	265	15.79	2.32	$615
Apr 1999	0	414	15.10	2.21	$914
Mar 1999	0	586	12.47	1.84	$1,077
Feb 1999	0	583	9.98	1.82	$1,060
Jan 1999	0	438	10.38	1.90	$832
Dec 1998	0	461	9.20	1.77	$818
Nov 1998	0	463	10.89	2.19	$1,012
Oct 1998	0	657	12.42	1.97	$1,294
Sep 1998	0	847	12.59	2.08	$1,764
Aug 1998	0	741	11.30	1.91	$1,413
Jul 1998	0	806	11.74	2.24	$1,803
Jun 1998	0	521	11.24	2.24	$1,166
May 1998	0	371	12.62	2.21	$819
Apr 1998	0	472	13.04	2.51	$1,183
Mar 1998	0	445	12.80	2.31	$1,028
Feb 1998	0	552	13.95	2.30	$1,269
Jan 1998	0	696	14.70	2.15	$1,500
Dec 1997	0	371	16.32	2.41	$895
Nov 1997	0	430	18.19	3.09	$1,328
Oct 1997	0	687	19.25	3.15	$2,164
Sep 1997	0	605	17.74	2.95	$1,788
Aug 1997	0	696	17.86	2.55	$1,778
Jul 1997	0	576	17.58	2.25	$1,294
Jun 1997	0	530	17.24	2.26	$1,196
May 1997	0	610	18.97	2.31	$1,408
Apr 1997	0	657	17.88	2.08	$1,368
Mar 1997	0	887	18.95	1.94	$1,720
Feb 1997	0	791	20.49	2.21	$1,745
Jan 1997	0	893	23.48	3.54	$3,161
Dec 1996	0	946	23.32	—	$0
Nov 1996	0	908	21.97	—	$0
Oct 1996	0	942	23.31	—	$0
Sep 1996	0	968	22.22	—	$0
Aug 1996	0	970	20.26	—	$0
Jul 1996	0	828	19.55	—	$0
Jun 1996	0	930	18.73	—	$0
May 1996	0	1,017	19.43	—	$0
Apr 1996	0	930	21.51	—	$0
Mar 1996	0	971	19.38	—	$0
Feb 1996	0	844	16.98	—	$0
Jan 1996	0	988	17.07	—	$0
Dec 1995	0	1,008	17.19	—	$0
Nov 1995	0	1,016	16.00	—	$0
Oct 1995	0	1,040	15.43	—	$0
Sep 1995	0	1,055	16.18	—	$0
Aug 1995	0	932	15.92	—	$0
Jul 1995	0	884	15.24	—	$0
Jun 1995	0	974	16.41	—	$0
May 1995	0	1,103	17.56	—	$0
Apr 1995	0	1,058	17.73	—	$0
Mar 1995	0	909	16.44	—	$0
Feb 1995	0	1,053	16.58	—	$0
Jan 1995	0	976	15.92	—	$0
Dec 1994	0	1,085	15.03	—	$0
Nov 1994	0	1,015	15.90	—	$0
Oct 1994	0	1,344	15.58	—	$0
Sep 1994	0	1,015	15.29	—	$0
Aug 1994	0	1,207	16.13	—	$0
Jul 1994	0	1,214	17.56	—	$0
Jun 1994	0	1,161	17.09	—	$0
May 1994	0	1,160	15.88	—	$0
Apr 1994	0	1,187	14.14	—	$0
Mar 1994	0	1,208	12.46	—	$0
Feb 1994	0	958	12.50	—	$0
Jan 1994	0	1,157	12.66	—	$0
Dec 1993	0	1,191	12.33	—	$0
Nov 1993	0	1,245	14.49	—	$0
Oct 1993	0	1,324	15.85	—	$0
Sep 1993	0	1,271	15.03	—	$0
Aug 1993	0	1,332	15.66	—	$0
Jul 1993	0	1,303	15.46	—	$0
Jun 1993	0	1,264	16.79	—	$0
May 1993	0	1,288	17.68	—	$0
Apr 1993	50	1,593	18.05	—	$903
Mar 1993	0	915	18.14	—	$0
Feb 1993	0	1,167	17.90	—	$0
Jan 1993	0	1,285	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.

Oct 2003 — as filed, then multipliedworked

Condensate             0 bbl  × $ 28.17 =         $0
Gas                    9 Mcf  × $  4.76 =        $43

────────────────────────────────────────────────────
Month total                                      $43

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/91401 is the state's own key, not one this site invented.