RHODES RANCH

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

Operated by XPLORE OPERATING, LLC (P-5 946023) in the J. V. T. (STRAWN 2400) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 102973District 7BField 45214400NGPA filingCondensateGasSave Export

Value, all time

$43 k

Jan 1993 – Oct 2017

Value, last 12 filed months

at the published price for each month

Months reported

298

no gaps in the span

Streams

condensate, gas

The J. V. T. (STRAWN 2400) 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 39 leases and 39 wells, and the rule below applies to all of them.

Discovered

1974-05-01

as the register files it

Field class

Gas

the register's own label

Between wells

—

no field rule filed

From a lease line

—

no field rule filed

The Commission's schedule remark for this field reads: “ALLOCATION FORMULA EFFECTIVE 04/01/2005.”

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
Condensate	Disposition	1 bbl	$57
Gas	Production	28,871 Mcf	$42,568
Total			$42,625

15,344 Mcf of this lease's gas, across 47 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 32.7760, -98.2534. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.77597, -98.25343 · 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

3,100 ft

1 wells filed one

Completion to plug

34.9 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 3,100 ft.

Completions filed

Nov 1982

1 of 1 wells

Plug dates filed

Oct 2017

1 of 1 wells

Last completion to plug: a median of 34.9 years across the 1 well that filed both dates, with the middle half between 34.9 years and 34.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-36333017	1	3,100 ft	Nov 1982	Oct 2017	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 (298)

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

298 months


Oct 2017	0	0	49.29	2.98	$0
Sep 2017	0	0	47.52	3.09	$0
Aug 2017	0	0	45.37	3.00	$0
Jul 2017	0	0	43.87	3.09	$0
Jun 2017	0	0	42.49	3.09	$0
May 2017	0	0	45.37	3.26	$0
Apr 2017	0	0	47.93	3.21	$0
Mar 2017	0	0	46.77	2.98	$0
Feb 2017	0	0	50.45	2.95	$0
Jan 2017	0	0	49.41	3.42	$0
Dec 2016	0	0	48.76	3.72	$0
Nov 2016	0	0	42.49	2.64	$0
Oct 2016	0	0	46.19	3.09	$0
Sep 2016	0	0	41.55	3.10	$0
Aug 2016	0	0	41.44	2.92	$0
Jul 2016	0	0	41.62	2.92	$0
Jun 2016	0	0	45.35	2.69	$0
May 2016	0	0	42.52	1.99	$0
Apr 2016	0	18	36.56	1.99	$36
Mar 2016	0	24	33.01	1.79	$43
Feb 2016	0	17	26.47	2.06	$35
Jan 2016	0	24	27.35	2.36	$57
Dec 2015	0	23	32.36	2.00	$46
Nov 2015	0	37	38.79	2.17	$80
Oct 2015	0	25	43.55	2.43	$61
Sep 2015	0	24	42.99	2.76	$66
Aug 2015	0	27	40.16	2.87	$78
Jul 2015	0	24	48.15	2.95	$71
Jun 2015	0	37	56.15	2.88	$107
May 2015	0	10	55.21	2.96	$30
Apr 2015	0	13	49.82	2.71	$35
Mar 2015	0	10	42.89	2.93	$29
Feb 2015	0	13	44.66	2.98	$39
Jan 2015	0	40	43.43	3.10	$124
Dec 2014	0	19	54.69	3.59	$68
Nov 2014	0	11	70.46	4.25	$47
Oct 2014	0	26	78.30	3.90	$101
Sep 2014	0	24	86.16	4.05	$97
Aug 2014	0	31	89.39	4.04	$125
Jul 2014	0	54	96.56	4.18	$226
Jun 2014	0	41	98.16	4.74	$194
May 2014	0	41	94.73	4.73	$194
Apr 2014	0	29	95.94	4.81	$139
Mar 2014	0	24	95.89	5.06	$121
Feb 2014	0	19	97.40	6.19	$118
Jan 2014	0	35	90.40	4.86	$170
Dec 2013	0	20	91.82	4.35	$87
Nov 2013	0	26	88.85	3.74	$97
Oct 2013	0	17	97.42	3.78	$64
Sep 2013	0	21	104.11	3.72	$78
Aug 2013	0	17	104.25	3.52	$60
Jul 2013	0	15	102.52	3.72	$56
Jun 2013	0	20	94.40	3.93	$79
May 2013	0	17	94.83	4.15	$71
Apr 2013	0	16	93.96	4.28	$69
Mar 2013	0	4	93.62	3.91	$16
Feb 2013	0	10	91.23	3.42	$34
Jan 2013	0	14	91.60	3.42	$48
Dec 2012	0	9	86.77	3.42	$31
Nov 2012	0	22	86.95	3.62	$80
Oct 2012	0	13	89.38	3.40	$44
Sep 2012	0	12	94.67	2.92	$35
Aug 2012	0	16	92.66	2.91	$47
Jul 2012	0	12	85.13	3.02	$36
Jun 2012	0	19	79.82	2.52	$48
May 2012	0	16	91.61	2.49	$40
Apr 2012	0	14	101.65	2.00	$28
Mar 2012	0	17	105.05	2.22	$38
Feb 2012	0	19	101.10	2.57	$49
Jan 2012	0	20	98.09	2.73	$55
Dec 2011	0	27	96.87	3.24	$87
Nov 2011	0	26	95.72	3.31	$86
Oct 2011	0	18	84.98	3.65	$66
Sep 2011	0	29	83.62	3.99	$116
Aug 2011	0	23	83.40	4.15	$95
Jul 2011	0	22	94.14	4.52	$99
Jun 2011	0	16	92.90	4.64	$74
May 2011	0	23	98.13	4.40	$101
Apr 2011	0	24	105.96	4.33	$104
Mar 2011	0	24	96.36	4.06	$97
Feb 2011	0	6	85.64	4.18	$25
Jan 2011	0	2	86.50	4.59	$9
Dec 2010	0	2	85.73	4.35	$9
Nov 2010	0	4	80.84	3.80	$15
Oct 2010	0	22	78.10	3.51	$77
Sep 2010	0	33	72.63	3.98	$131
Aug 2010	0	42	73.68	4.42	$186
Jul 2010	0	18	72.55	4.74	$85
Jun 2010	0	36	70.36	4.91	$177
May 2010	0	34	71.12	4.24	$144
Apr 2010	0	29	81.69	4.12	$120
Mar 2010	0	36	78.39	4.39	$158
Feb 2010	0	44	73.58	5.44	$239
Jan 2010	0	44	74.36	5.96	$262
Dec 2009	0	43	71.44	5.48	$236
Nov 2009	0	26	74.59	3.75	$98
Oct 2009	0	40	72.54	4.11	$164
Sep 2009	0	45	65.54	3.06	$138
Aug 2009	0	51	67.42	3.22	$164
Jul 2009	0	50	61.13	3.46	$173
Jun 2009	0	38	66.16	3.90	$148
May 2009	0	45	54.74	3.93	$177
Apr 2009	0	40	46.77	3.59	$144
Mar 2009	0	40	42.14	4.06	$162
Feb 2009	0	39	32.81	4.63	$181
Jan 2009	0	38	35.86	5.37	$204
Dec 2008	0	6	37.10	5.98	$36
Nov 2008	0	1	55.49	6.86	$7
Oct 2008	0	3	75.24	6.92	$21
Sep 2008	0	6	101.76	7.88	$47
Aug 2008	0	1	114.22	8.48	$8
Jul 2008	0	5	131.08	11.39	$57
Jun 2008	0	13	131.33	13.03	$169
May 2008	0	16	123.17	11.57	$185
Apr 2008	0	17	110.31	10.45	$178
Mar 2008	0	11	101.90	9.66	$106
Feb 2008	0	2	92.53	8.77	$18
Jan 2008	0	0	90.38	8.21	$0
Dec 2007	0	8	88.33	7.30	$58
Nov 2007	0	0	91.67	7.29	$0
Oct 2007	0	0	82.85	6.92	$0
Sep 2007	0	0	75.84	6.24	$0
Aug 2007	0	0	69.06	6.39	$0
Jul 2007	0	0	70.90	6.39	$0
Jun 2007	0	0	62.00	7.55	$0
May 2007	0	0	58.74	7.85	$0
Apr 2007	0	0	59.61	7.81	$0
Mar 2007	1	1	56.92	7.30	$64
Feb 2007	0	295	55.10	8.22	$2,424
Jan 2007	0	36	50.30	6.73	$242
Dec 2006	0	0	56.65	6.92	$0
Nov 2006	0	0	54.20	7.62	$0
Oct 2006	0	0	54.90	6.01	$0
Sep 2006	0	2	60.08	5.04	$10
Aug 2006	0	5	68.71	7.34	$37
Jul 2006	0	15	69.37	6.34	$95
Jun 2006	0	0	66.28	6.38	$0
May 2006	0	0	66.01	6.42	$0
Apr 2006	0	0	64.39	7.36	$0
Mar 2006	0	0	56.70	7.08	$0
Feb 2006	0	0	57.59	7.75	$0
Jan 2006	0	0	60.59	8.93	$0
Dec 2005	0	0	54.94	13.42	$0
Nov 2005	0	0	54.69	10.59	$0
Oct 2005	0	0	58.34	13.80	$0
Sep 2005	0	0	61.45	12.08	$0
Aug 2005	0	0	61.51	9.80	$0
Jul 2005	0	0	55.69	7.84	$0
Jun 2005	0	0	52.33	7.38	$0
May 2005	0	0	45.22	6.65	$0
Apr 2005	0	0	49.20	7.36	$0
Mar 2005	0	0	50.37	7.15	$0
Feb 2005	0	0	45.22	6.31	$0
Jan 2005	0	0	43.16	6.32	$0
Dec 2004	0	0	39.86	6.75	$0
Nov 2004	0	0	45.28	6.33	$0
Oct 2004	0	0	49.70	6.52	$0
Sep 2004	0	0	43.24	5.28	$0
Aug 2004	0	0	42.37	5.55	$0
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	0	28.17	4.76	$0
Sep 2003	0	0	26.31	4.75	$0
Aug 2003	0	0	29.76	5.13	$0
Jul 2003	0	0	29.41	5.17	$0
Jun 2003	0	0	28.56	5.98	$0
May 2003	0	0	26.59	5.97	$0
Apr 2003	0	0	26.67	5.41	$0
Mar 2003	0	0	31.14	6.10	$0
Feb 2003	0	0	33.48	7.93	$0
Jan 2003	0	0	30.31	5.58	$0
Dec 2002	0	11	26.91	4.85	$53
Nov 2002	0	0	24.66	4.14	$0
Oct 2002	0	0	26.46	4.23	$0
Sep 2002	0	0	27.44	3.64	$0
Aug 2002	0	0	25.96	3.16	$0
Jul 2002	0	0	24.58	3.06	$0
Jun 2002	0	0	23.73	3.34	$0
May 2002	0	0	24.66	3.58	$0
Apr 2002	0	0	23.65	3.51	$0
Mar 2002	0	0	22.00	3.10	$0
Feb 2002	0	0	18.22	2.38	$0
Jan 2002	0	51	17.17	2.38	$121
Dec 2001	0	93	16.93	2.36	$220
Nov 2001	0	64	18.07	2.41	$154
Oct 2001	0	63	19.78	2.53	$159
Sep 2001	0	47	24.26	2.25	$106
Aug 2001	0	45	24.87	3.05	$137
Jul 2001	0	52	23.93	3.20	$166
Jun 2001	0	70	24.56	3.82	$268
May 2001	0	106	25.52	4.31	$457
Apr 2001	0	103	24.68	5.34	$550
Mar 2001	0	75	24.54	5.38	$403
Feb 2001	0	72	27.75	5.77	$415
Jan 2001	0	65	27.47	8.40	$546
Dec 2000	0	65	26.88	9.12	$593
Nov 2000	0	68	32.21	5.66	$385
Oct 2000	0	120	31.23	5.15	$617
Sep 2000	0	206	31.87	5.19	$1,068
Aug 2000	0	137	29.64	4.54	$622
Jul 2000	0	227	28.53	4.09	$928
Jun 2000	0	118	29.30	4.40	$519
May 2000	0	175	27.26	3.68	$644
Apr 2000	0	142	24.51	3.12	$442
Mar 2000	0	160	28.42	2.86	$458
Feb 2000	0	175	27.62	2.73	$477
Jan 2000	0	281	25.27	2.48	$697
Dec 1999	0	176	24.28	2.42	$427
Nov 1999	0	240	23.19	2.43	$584
Oct 1999	0	192	20.98	2.80	$538
Sep 1999	0	131	21.75	2.62	$343
Aug 1999	0	147	19.26	2.88	$423
Jul 1999	0	159	17.89	2.37	$377
Jun 1999	0	166	15.94	2.36	$392
May 1999	0	168	15.79	2.32	$390
Apr 1999	0	166	15.10	2.21	$367
Mar 1999	0	181	12.47	1.84	$333
Feb 1999	0	159	9.98	1.82	$289
Jan 1999	0	147	10.38	1.90	$279
Dec 1998	0	194	9.20	1.77	$344
Nov 1998	0	256	10.89	2.19	$560
Oct 1998	0	260	12.42	1.97	$512
Sep 1998	0	271	12.59	2.08	$564
Aug 1998	0	188	11.30	1.91	$359
Jul 1998	0	251	11.74	2.24	$562
Jun 1998	0	192	11.24	2.24	$430
May 1998	0	240	12.62	2.21	$530
Apr 1998	0	224	13.04	2.51	$561
Mar 1998	0	203	12.80	2.31	$469
Feb 1998	0	158	13.95	2.30	$363
Jan 1998	0	291	14.70	2.15	$627
Dec 1997	0	326	16.32	2.41	$786
Nov 1997	0	253	18.19	3.09	$781
Oct 1997	0	324	19.25	3.15	$1,021
Sep 1997	0	333	17.74	2.95	$984
Aug 1997	0	298	17.86	2.55	$761
Jul 1997	0	268	17.58	2.25	$602
Jun 1997	0	281	17.24	2.26	$634
May 1997	0	255	18.97	2.31	$589
Apr 1997	0	192	17.88	2.08	$400
Mar 1997	0	280	18.95	1.94	$543
Feb 1997	0	260	20.49	2.21	$574
Jan 1997	0	278	23.48	3.54	$984
Dec 1996	0	394	23.32	—	$0
Nov 1996	0	301	21.97	—	$0
Oct 1996	0	48	23.31	—	$0
Sep 1996	0	161	22.22	—	$0
Aug 1996	0	467	20.26	—	$0
Jul 1996	0	444	19.55	—	$0
Jun 1996	0	423	18.73	—	$0
May 1996	0	384	19.43	—	$0
Apr 1996	0	337	21.51	—	$0
Mar 1996	0	310	19.38	—	$0
Feb 1996	0	248	16.98	—	$0
Jan 1996	0	227	17.07	—	$0
Dec 1995	0	280	17.19	—	$0
Nov 1995	0	278	16.00	—	$0
Oct 1995	0	160	15.43	—	$0
Sep 1995	0	259	16.18	—	$0
Aug 1995	0	249	15.92	—	$0
Jul 1995	0	277	15.24	—	$0
Jun 1995	0	309	16.41	—	$0
May 1995	0	210	17.56	—	$0
Apr 1995	0	232	17.73	—	$0
Mar 1995	0	1,256	16.44	—	$0
Feb 1995	0	449	16.58	—	$0
Jan 1995	0	1,154	15.92	—	$0
Dec 1994	0	77	15.03	—	$0
Nov 1994	0	183	15.90	—	$0
Oct 1994	0	0	15.58	—	$0
Sep 1994	0	181	15.29	—	$0
Aug 1994	0	377	16.13	—	$0
Jul 1994	0	345	17.56	—	$0
Jun 1994	0	213	17.09	—	$0
May 1994	0	279	15.88	—	$0
Apr 1994	0	243	14.14	—	$0
Mar 1994	0	312	12.46	—	$0
Feb 1994	0	283	12.50	—	$0
Jan 1994	0	270	12.66	—	$0
Dec 1993	0	284	12.33	—	$0
Nov 1993	0	247	14.49	—	$0
Oct 1993	0	301	15.85	—	$0
Sep 1993	0	293	15.03	—	$0
Aug 1993	0	297	15.66	—	$0
Jul 1993	0	262	15.46	—	$0
Jun 1993	0	244	16.79	—	$0
May 1993	0	310	17.68	—	$0
Apr 1993	0	383	18.05	—	$0
Mar 1993	0	414	18.14	—	$0
Feb 1993	0	356	17.90	—	$0
Jan 1993	0	333	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.

Apr 2016 — as filed, then multipliedworked

Condensate             0 bbl  × $ 36.56 =         $0
Gas                   18 Mcf  × $  1.99 =        $36

────────────────────────────────────────────────────
Month total                                      $36

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. 7B/G/102973 is the state's own key, not one this site invented.