LOCKHART

Operated by CONTINENTAL TREND RESOURCES, INC (P-5 173783) in the FELDMAN (TONKAWA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 95811District 10Field 30526750NGPA filingCondensateGasSaveExport
Value, all time
$455 k
Jan 1993 – Oct 2015
Value, last 12 filed months
$0
at the published price for each month
Months reported
274
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 140 leases and 207 wells, and the rule below applies to all of them.

Discovered
1957-04-27
as the register files it
Field class
Oil and gas
the register's own label
Between wells
660 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 2009-09-29.

The Commission's schedule remark for this field reads: FELDMAN (TONKAWA) FIELD.

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
CondensateDisposition5,126 bbl$127,908
GasProduction110,600 Mcf$326,817
Total$454,724

32,368 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 36.0253, -100.1317. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.02531, -100.13174 · 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
12,000 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 12,000 ft.

Completions filed
Jul 1981
1 of 1 wells
Plug dates filed
Mar 2010
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

42-21131177112,000 ftJul 1981Mar 2010Yes

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 (274)

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

274 months

Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
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 201037072.554.74$2,684
Jun 201055070.364.91$3,870
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 20090271.445.48$11
Nov 20090174.593.75$4
Oct 20090672.544.11$25
Sep 20090165.543.06$3
Aug 20090367.423.22$10
Jul 20090261.133.46$7
Jun 20090266.163.90$8
May 20090254.743.93$8
Apr 20090246.773.59$7
Mar 20090142.144.06$4
Feb 20090032.814.63$0
Jan 20090435.865.37$21
Dec 20080037.105.98$0
Nov 20080755.496.86$48
Oct 200801175.246.92$76
Sep 200806101.767.88$47
Aug 200805114.228.48$42
Jul 200808131.0811.39$91
Jun 200804131.3313.03$52
May 200803123.1711.57$35
Apr 200802110.3110.45$21
Mar 200802101.909.66$19
Feb 20080092.538.77$0
Jan 20080190.388.21$8
Dec 20070288.337.30$15
Nov 20070391.677.29$22
Oct 20070482.856.92$28
Sep 20070475.846.24$25
Aug 20070469.066.39$26
Jul 20070370.906.39$19
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 200701050.306.73$67
Dec 20060256.656.92$14
Nov 20060654.207.62$46
Oct 20060154.906.01$6
Sep 20060160.085.04$5
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060466.286.38$26
May 20060066.016.42$0
Apr 2006034064.397.36$2,503
Mar 2006033856.707.08$2,394
Feb 200620123357.597.75$13,382
Jan 2006049360.598.93$4,404
Dec 2005046654.9413.42$6,252
Nov 2005073254.6910.59$7,751
Oct 2005012758.3413.80$1,752
Sep 2005032861.4512.08$3,962
Aug 2005040661.519.80$3,978
Jul 2005042955.697.84$3,365
Jun 2005043352.337.38$3,196
May 200519546545.226.65$11,911
Apr 2005042449.207.36$3,121
Mar 2005043250.377.15$3,091
Feb 2005043345.226.31$2,733
Jan 2005042743.166.32$2,700
Dec 2004048339.866.75$3,261
Nov 2004038645.286.33$2,444
Oct 2004057949.706.52$3,772
Sep 2004061743.245.28$3,260
Aug 2004061742.375.55$3,425
Jul 2004043738.286.08$2,659
Jun 200419843436.106.43$9,940
May 2004059537.486.49$3,864
Apr 2004064334.475.86$3,767
Mar 2004059034.365.53$3,263
Feb 2004058932.455.51$3,245
Jan 2004065832.036.30$4,145
Dec 2003075330.266.30$4,745
Nov 2003079328.804.60$3,644
Oct 2003075428.174.76$3,589
Sep 200319484026.314.75$9,094
Aug 2003080529.765.13$4,129
Jul 2003046629.415.17$2,410
Jun 2003053428.565.98$3,195
May 2003087426.595.97$5,220
Apr 200301,10026.675.41$5,948
Mar 200301,13831.146.10$6,937
Feb 20031931,05333.487.93$14,808
Jan 200301,00130.315.58$5,588
Dec 200201,18926.914.85$5,771
Nov 200201,19824.664.14$4,956
Oct 200201,25526.464.23$5,308
Sep 20021901,24627.443.64$9,743
Aug 200201,13425.963.16$3,588
Jul 200201,43024.583.06$4,378
Jun 200201,46523.733.34$4,891
May 20021971,57224.663.58$10,492
Apr 200201,54523.653.51$5,427
Mar 200201,59822.003.10$4,958
Feb 20021901,52718.222.38$7,089
Jan 200201,77317.172.38$4,212
Dec 20011951,90816.932.36$7,813
Nov 200101,74218.072.41$4,190
Oct 20011941,92319.782.53$8,700
Sep 200101,91324.262.25$4,307
Aug 200102,28924.873.05$6,989
Jul 20011882,50123.933.20$12,495
Jun 20011702,80424.563.82$14,898
May 200101,12325.524.31$4,837
Apr 2001039224.685.34$2,091
Mar 2001037224.545.38$2,000
Feb 200119233827.755.77$7,277
Jan 2001038827.478.40$3,259
Dec 2000033326.889.12$3,038
Nov 2000040932.215.66$2,314
Oct 2000041431.235.15$2,130
Sep 2000038131.875.19$1,976
Aug 2000039329.644.54$1,785
Jul 2000035228.534.09$1,440
Jun 200019934829.304.40$7,361
May 2000031627.263.68$1,163
Apr 2000031524.513.12$982
Mar 2000036028.422.86$1,030
Feb 2000032127.622.73$875
Jan 2000036825.272.48$913
Dec 1999036224.282.42$877
Nov 1999037123.192.43$903
Oct 1999036420.982.80$1,021
Sep 199919338621.752.62$5,209
Aug 1999037119.262.88$1,067
Jul 1999036117.892.37$856
Jun 199920135315.942.36$4,038
May 1999036815.792.32$854
Apr 1999033615.102.21$742
Mar 1999041212.471.84$757
Feb 199903489.981.82$633
Jan 1999041210.381.90$783
Dec 199804049.201.77$716
Nov 1998037610.892.19$822
Oct 1998038612.421.97$760
Sep 1998036912.592.08$768
Aug 1998037311.301.91$711
Jul 1998037711.742.24$843
Jun 1998038311.242.24$857
May 1998042612.622.21$940
Apr 1998041313.042.51$1,035
Mar 1998045412.802.31$1,048
Feb 1998041313.952.30$950
Jan 1998044614.702.15$961
Dec 199720448716.322.41$4,503
Nov 1997047818.193.09$1,476
Oct 1997047619.253.15$1,499
Sep 1997048117.742.95$1,421
Aug 1997050017.862.55$1,277
Jul 1997045617.582.25$1,025
Jun 1997050717.242.26$1,144
May 199721349618.972.31$5,186
Apr 1997051217.882.08$1,066
Mar 1997067918.951.94$1,317
Feb 1997066120.492.21$1,458
Jan 1997093623.483.54$3,313
Dec 1996045923.32$0
Nov 1996046621.97$0
Oct 199618947823.31$4,406
Sep 1996046422.22$0
Aug 1996046120.26$0
Jul 1996045819.55$0
Jun 1996044118.73$0
May 1996048019.43$0
Apr 1996047721.51$0
Mar 199620252519.38$3,915
Feb 1996047516.98$0
Jan 1996046217.07$0
Dec 1995050917.19$0
Nov 1995047416.00$0
Oct 1995049815.43$0
Sep 1995046416.18$0
Aug 1995047615.92$0
Jul 199520049415.24$3,048
Jun 1995044016.41$0
May 1995047517.56$0
Apr 1995051217.73$0
Mar 1995058016.44$0
Feb 1995051016.58$0
Jan 1995059215.92$0
Dec 1994059015.03$0
Nov 199418158415.90$2,878
Oct 1994061715.58$0
Sep 1994060715.29$0
Aug 1994066516.13$0
Jul 1994089117.56$0
Jun 199418971817.09$3,230
May 1994069515.88$0
Apr 1994082414.14$0
Mar 1994064812.46$0
Feb 1994066212.50$0
Jan 1994074212.66$0
Dec 1993077512.33$0
Nov 199318875414.49$2,724
Oct 1993083015.85$0
Sep 1993080215.03$0
Aug 1993092615.66$0
Jul 1993099415.46$0
Jun 199301,00216.79$0
May 19931901,11917.68$3,359
Apr 199301,62018.05$0
Mar 19931882,50518.14$3,410
Feb 1993058217.90$0
Jan 1993054616.93$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.

Jul 2010 — as filed, then multipliedworked
Condensate            37 bbl  × $ 72.55 =     $2,684
Gas                    0 Mcf  × $  4.74 =         $0

────────────────────────────────────────────────────
Month total                                   $2,684

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/95811 is the state's own key, not one this site invented.