MODINE

Name: MODINE 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 93039District 10Field 68831001NGPA filingGasSave Export

Value, all time

$249 k

Jan 1993 – Nov 2009

Value, last 12 filed months

at the published price for each month

Months reported

203

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	2	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	117,701 Mcf	$248,834
Total			$248,834

49,866 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 35.7878, -102.1849. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.78784, -102.18488 · 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

3,711 ft

1 wells filed one

Completion to plug

28.7 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 3,711 ft.

Completions filed

Mar 1981

1 of 1 wells

Plug dates filed

Nov 2009

1 of 1 wells

Last completion to plug: a median of 28.7 years across the 1 well that filed both dates, with the middle half between 28.7 years and 28.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-20530119	2	3,711 ft	Mar 1981	Nov 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 (203)

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

203 months


Nov 2009	0	74.59	3.75	$0
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	0	131.33	13.03	$0
May 2008	0	123.17	11.57	$0
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	0	90.38	8.21	$0
Dec 2007	0	88.33	7.30	$0
Nov 2007	13	91.67	7.29	$95
Oct 2007	23	82.85	6.92	$159
Sep 2007	33	75.84	6.24	$206
Aug 2007	28	69.06	6.39	$179
Jul 2007	19	70.90	6.39	$121
Jun 2007	51	62.00	7.55	$385
May 2007	29	58.74	7.85	$228
Apr 2007	6	59.61	7.81	$47
Mar 2007	23	56.92	7.30	$168
Feb 2007	41	55.10	8.22	$337
Jan 2007	43	50.30	6.73	$289
Dec 2006	36	56.65	6.92	$249
Nov 2006	48	54.20	7.62	$366
Oct 2006	84	54.90	6.01	$505
Sep 2006	111	60.08	5.04	$559
Aug 2006	127	68.71	7.34	$932
Jul 2006	153	69.37	6.34	$970
Jun 2006	149	66.28	6.38	$951
May 2006	145	66.01	6.42	$932
Apr 2006	125	64.39	7.36	$920
Mar 2006	106	56.70	7.08	$751
Feb 2006	90	57.59	7.75	$698
Jan 2006	57	60.59	8.93	$509
Dec 2005	138	54.94	13.42	$1,851
Nov 2005	136	54.69	10.59	$1,440
Oct 2005	132	58.34	13.80	$1,821
Sep 2005	75	61.45	12.08	$906
Aug 2005	164	61.51	9.80	$1,607
Jul 2005	154	55.69	7.84	$1,208
Jun 2005	267	52.33	7.38	$1,971
May 2005	173	45.22	6.65	$1,151
Apr 2005	183	49.20	7.36	$1,347
Mar 2005	151	50.37	7.15	$1,080
Feb 2005	242	45.22	6.31	$1,527
Jan 2005	329	43.16	6.32	$2,080
Dec 2004	295	39.86	6.75	$1,992
Nov 2004	385	45.28	6.33	$2,437
Oct 2004	326	49.70	6.52	$2,124
Sep 2004	291	43.24	5.28	$1,538
Aug 2004	282	42.37	5.55	$1,565
Jul 2004	320	38.28	6.08	$1,947
Jun 2004	181	36.10	6.43	$1,164
May 2004	233	37.48	6.49	$1,513
Apr 2004	262	34.47	5.86	$1,535
Mar 2004	144	34.36	5.53	$796
Feb 2004	295	32.45	5.51	$1,625
Jan 2004	250	32.03	6.30	$1,575
Dec 2003	299	30.26	6.30	$1,884
Nov 2003	398	28.80	4.60	$1,829
Oct 2003	406	28.17	4.76	$1,932
Sep 2003	469	26.31	4.75	$2,227
Aug 2003	475	29.76	5.13	$2,437
Jul 2003	474	29.41	5.17	$2,451
Jun 2003	489	28.56	5.98	$2,926
May 2003	473	26.59	5.97	$2,825
Apr 2003	532	26.67	5.41	$2,877
Mar 2003	764	31.14	6.10	$4,657
Feb 2003	782	33.48	7.93	$6,198
Jan 2003	919	30.31	5.58	$5,130
Dec 2002	1,012	26.91	4.85	$4,912
Nov 2002	1,044	24.66	4.14	$4,319
Oct 2002	1,046	26.46	4.23	$4,424
Sep 2002	1,068	27.44	3.64	$3,882
Aug 2002	952	25.96	3.16	$3,012
Jul 2002	995	24.58	3.06	$3,046
Jun 2002	1,005	23.73	3.34	$3,355
May 2002	853	24.66	3.58	$3,057
Apr 2002	631	23.65	3.51	$2,216
Mar 2002	313	22.00	3.10	$971
Feb 2002	493	18.22	2.38	$1,171
Jan 2002	542	17.17	2.38	$1,288
Dec 2001	525	16.93	2.36	$1,241
Nov 2001	562	18.07	2.41	$1,352
Oct 2001	539	19.78	2.53	$1,363
Sep 2001	242	24.26	2.25	$545
Aug 2001	666	24.87	3.05	$2,033
Jul 2001	207	23.93	3.20	$662
Jun 2001	181	24.56	3.82	$692
May 2001	2	25.52	4.31	$9
Apr 2001	66	24.68	5.34	$352
Mar 2001	591	24.54	5.38	$3,177
Feb 2001	372	27.75	5.77	$2,145
Jan 2001	719	27.47	8.40	$6,039
Dec 2000	945	26.88	9.12	$8,621
Nov 2000	585	32.21	5.66	$3,310
Oct 2000	814	31.23	5.15	$4,188
Sep 2000	551	31.87	5.19	$2,858
Aug 2000	543	29.64	4.54	$2,466
Jul 2000	358	28.53	4.09	$1,464
Jun 2000	304	29.30	4.40	$1,337
May 2000	240	27.26	3.68	$883
Apr 2000	395	24.51	3.12	$1,231
Mar 2000	969	28.42	2.86	$2,771
Feb 2000	664	27.62	2.73	$1,810
Jan 2000	624	25.27	2.48	$1,548
Dec 1999	812	24.28	2.42	$1,968
Nov 1999	448	23.19	2.43	$1,090
Oct 1999	828	20.98	2.80	$2,321
Sep 1999	529	21.75	2.62	$1,385
Aug 1999	888	19.26	2.88	$2,554
Jul 1999	262	17.89	2.37	$622
Jun 1999	687	15.94	2.36	$1,623
May 1999	0	15.79	2.32	$0
Apr 1999	559	15.10	2.21	$1,234
Mar 1999	1,154	12.47	1.84	$2,121
Feb 1999	1,003	9.98	1.82	$1,823
Jan 1999	820	10.38	1.90	$1,558
Dec 1998	850	9.20	1.77	$1,507
Nov 1998	908	10.89	2.19	$1,985
Oct 1998	995	12.42	1.97	$1,959
Sep 1998	1,086	12.59	2.08	$2,262
Aug 1998	1,251	11.30	1.91	$2,386
Jul 1998	1,340	11.74	2.24	$2,998
Jun 1998	1,420	11.24	2.24	$3,177
May 1998	1,564	12.62	2.21	$3,451
Apr 1998	1,017	13.04	2.51	$2,548
Mar 1998	855	12.80	2.31	$1,975
Feb 1998	1,117	13.95	2.30	$2,568
Jan 1998	1,608	14.70	2.15	$3,465
Dec 1997	870	16.32	2.41	$2,098
Nov 1997	0	18.19	3.09	$0
Oct 1997	362	19.25	3.15	$1,140
Sep 1997	907	17.74	2.95	$2,680
Aug 1997	1,130	17.86	2.55	$2,887
Jul 1997	918	17.58	2.25	$2,063
Jun 1997	500	17.24	2.26	$1,129
May 1997	1,127	18.97	2.31	$2,602
Apr 1997	1,244	17.88	2.08	$2,591
Mar 1997	1,233	18.95	1.94	$2,391
Feb 1997	1,234	20.49	2.21	$2,722
Jan 1997	1,263	23.48	3.54	$4,471
Dec 1996	1,373	23.32	—	$0
Nov 1996	1,281	21.97	—	$0
Oct 1996	1,390	23.31	—	$0
Sep 1996	1,284	22.22	—	$0
Aug 1996	1,611	20.26	—	$0
Jul 1996	1,408	19.55	—	$0
Jun 1996	1,171	18.73	—	$0
May 1996	1,429	19.43	—	$0
Apr 1996	1,477	21.51	—	$0
Mar 1996	1,411	19.38	—	$0
Feb 1996	682	16.98	—	$0
Jan 1996	246	17.07	—	$0
Dec 1995	342	17.19	—	$0
Nov 1995	526	16.00	—	$0
Oct 1995	708	15.43	—	$0
Sep 1995	711	16.18	—	$0
Aug 1995	663	15.92	—	$0
Jul 1995	807	15.24	—	$0
Jun 1995	907	16.41	—	$0
May 1995	752	17.56	—	$0
Apr 1995	694	17.73	—	$0
Mar 1995	784	16.44	—	$0
Feb 1995	703	16.58	—	$0
Jan 1995	804	15.92	—	$0
Dec 1994	776	15.03	—	$0
Nov 1994	908	15.90	—	$0
Oct 1994	979	15.58	—	$0
Sep 1994	1,085	15.29	—	$0
Aug 1994	1,084	16.13	—	$0
Jul 1994	1,188	17.56	—	$0
Jun 1994	1,096	17.09	—	$0
May 1994	1,142	15.88	—	$0
Apr 1994	1,049	14.14	—	$0
Mar 1994	1,034	12.46	—	$0
Feb 1994	1,015	12.50	—	$0
Jan 1994	1,000	12.66	—	$0
Dec 1993	1,039	12.33	—	$0
Nov 1993	1,034	14.49	—	$0
Oct 1993	1,259	15.85	—	$0
Sep 1993	1,305	15.03	—	$0
Aug 1993	1,432	15.66	—	$0
Jul 1993	1,485	15.46	—	$0
Jun 1993	1,333	16.79	—	$0
May 1993	1,025	17.68	—	$0
Apr 1993	1,116	18.05	—	$0
Mar 1993	1,291	18.14	—	$0
Feb 1993	1,295	17.90	—	$0
Jan 1993	732	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.

Nov 2007 — as filed, then multipliedworked

Gas                   13 Mcf  × $  7.29 =        $95

────────────────────────────────────────────────────
Month total                                      $95

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/93039 is the state's own key, not one this site invented.