LONG RANCH

Operated by VANTAGE FORT WORTH ENERGY LLC (P-5 882575) in the LONG RANCH (BEND CONGL.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 106761District 7BField 54713150NGPA filingCondensateGasSaveExport
Value, all time
$141 k
Jan 1993 – Jun 2011
Value, last 12 filed months
$0
at the published price for each month
Months reported
222
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 21 leases and 21 wells, and the rule below applies to all of them.

Discovered
1983-08-10
as the register files it
Field class
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 field rule took effect on 1988-02-01.

The Commission's schedule remark for this field reads: TEMP. FLD. RULES MADE PERM. 6-12-89 PER DOC.7B-93,059

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
CondensateDisposition265 bbl$5,080
GasProduction107,933 Mcf$135,494
Total$140,574

68,027 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 32.5902, -98.4085. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.59024, -98.40848 · 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
3,420 ft
1 wells filed one
Completion to plug
27.8 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 3,420 ft.

Completions filed
Aug 1983
1 of 1 wells
Plug dates filed
Jun 2011
1 of 1 wells

Last completion to plug: a median of 27.8 years across the 1 well that filed both dates, with the middle half between 27.8 years and 27.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3633313313,420 ftAug 1983Jun 2011Yes

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 (222)

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

222 months

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 20100072.554.74$0
Jun 20100070.364.91$0
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 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080275.246.92$14
Sep 200802101.767.88$16
Aug 200802114.228.48$17
Jul 200802131.0811.39$23
Jun 200802131.3313.03$26
May 200804123.1711.57$46
Apr 200804110.3110.45$42
Mar 200804101.909.66$39
Feb 20080492.538.77$35
Jan 20080590.388.21$41
Dec 20070588.337.30$37
Nov 20070691.677.29$44
Oct 20070682.856.92$42
Sep 20070775.846.24$44
Aug 20070869.066.39$51
Jul 20070870.906.39$51
Jun 20070762.007.55$53
May 20070858.747.85$63
Apr 20070959.617.81$70
Mar 200701056.927.30$73
Feb 200701155.108.22$90
Jan 200701250.306.73$81
Dec 200601356.656.92$90
Nov 200601454.207.62$107
Oct 200601654.906.01$96
Sep 200601860.085.04$91
Aug 200602168.717.34$154
Jul 200602269.376.34$140
Jun 200602366.286.38$147
May 200602566.016.42$161
Apr 200602864.397.36$206
Mar 200603156.707.08$220
Feb 200603457.597.75$264
Jan 200603660.598.93$322
Dec 200503954.9413.42$523
Nov 200503754.6910.59$392
Oct 200503958.3413.80$538
Sep 200503861.4512.08$459
Aug 200504061.519.80$392
Jul 200504355.697.84$337
Jun 200504252.337.38$310
May 200504445.226.65$293
Apr 200504849.207.36$353
Mar 200505150.377.15$365
Feb 200506045.226.31$379
Jan 200505843.166.32$367
Dec 200406339.866.75$425
Nov 200407145.286.33$449
Oct 200407749.706.52$502
Sep 200408243.245.28$433
Aug 200408842.375.55$488
Jul 200409238.286.08$560
Jun 200409936.106.43$637
May 2004010537.486.49$682
Apr 2004011634.475.86$680
Mar 2004012234.365.53$675
Feb 2004013032.455.51$716
Jan 2004013332.036.30$838
Dec 2003013530.266.30$851
Nov 2003013828.804.60$634
Oct 2003014028.174.76$666
Sep 2003014226.314.75$674
Aug 2003013929.765.13$713
Jul 2003014829.415.17$765
Jun 2003024728.565.98$1,478
May 20031717626.595.97$1,503
Apr 2003020126.675.41$1,087
Mar 2003017931.146.10$1,091
Feb 2003014833.487.93$1,173
Jan 2003021830.315.58$1,217
Dec 2002023026.914.85$1,116
Nov 2002035024.664.14$1,448
Oct 2002038826.464.23$1,641
Sep 2002029527.443.64$1,072
Aug 2002032625.963.16$1,032
Jul 2002031524.583.06$964
Jun 2002034423.733.34$1,148
May 2002039324.663.58$1,409
Apr 2002045423.653.51$1,595
Mar 2002035722.003.10$1,108
Feb 2002027718.222.38$658
Jan 2002037017.172.38$879
Dec 2001049216.932.36$1,163
Nov 2001046718.072.41$1,123
Oct 2001062119.782.53$1,570
Sep 2001062024.262.25$1,396
Aug 2001082024.873.05$2,504
Jul 200101,04823.933.20$3,351
Jun 200101,16624.563.82$4,459
May 2001088825.524.31$3,825
Apr 2001034424.685.34$1,835
Mar 2001052024.545.38$2,796
Feb 2001065627.755.77$3,783
Jan 2001052327.478.40$4,393
Dec 2000052526.889.12$4,789
Nov 2000055732.215.66$3,152
Oct 2000048631.235.15$2,501
Sep 200008331.875.19$430
Aug 2000029229.644.54$1,326
Jul 2000041828.534.09$1,710
Jun 2000051929.304.40$2,282
May 20001642827.263.68$2,011
Apr 2000043524.513.12$1,355
Mar 2000033728.422.86$964
Feb 2000038627.622.73$1,052
Jan 2000041025.272.48$1,017
Dec 1999052024.282.42$1,260
Nov 1999041623.192.43$1,013
Oct 1999035820.982.80$1,004
Sep 1999049021.752.62$1,283
Aug 1999041019.262.88$1,179
Jul 1999042217.892.37$1,001
Jun 1999056815.942.36$1,342
May 1999062515.792.32$1,451
Apr 1999076815.102.21$1,696
Mar 1999057312.471.84$1,053
Feb 199906389.981.82$1,160
Jan 1999057510.381.90$1,092
Dec 199809139.201.77$1,619
Nov 199801,10110.892.19$2,406
Oct 1998065012.421.97$1,280
Sep 199801,52812.592.08$3,182
Aug 199801,89111.301.91$3,607
Jul 199801,97511.742.24$4,419
Jun 199802,45911.242.24$5,501
May 1998090512.622.21$1,997
Apr 19980913.042.51$23
Mar 199809912.802.31$229
Feb 19980013.952.30$0
Jan 19980214.702.15$4
Dec 19970116.322.41$2
Nov 199701018.193.09$31
Oct 19970719.253.15$22
Sep 199705417.742.95$160
Aug 19970617.862.55$15
Jul 19970017.582.25$0
Jun 19970217.242.26$5
May 19970318.972.31$7
Apr 19970017.882.08$0
Mar 1997015618.951.94$303
Feb 1997015620.492.21$344
Jan 19976333923.483.54$2,679
Dec 1996091823.32$0
Nov 1996091121.97$0
Oct 199601,06923.31$0
Sep 199601,14722.22$0
Aug 199601,07620.26$0
Jul 199601,23319.55$0
Jun 199601,16118.73$0
May 199601,24719.43$0
Apr 199601,15521.51$0
Mar 199601,05019.38$0
Feb 1996097116.98$0
Jan 1996084817.07$0
Dec 199501,24317.19$0
Nov 19951501,33316.00$2,400
Oct 199501,66315.43$0
Sep 199501,52816.18$0
Aug 199501,33515.92$0
Jul 199501,01915.24$0
Jun 199501,16916.41$0
May 199501,29117.56$0
Apr 199501,45917.73$0
Mar 199501,03416.44$0
Feb 1995083516.58$0
Jan 199501,49815.92$0
Dec 199401,49215.03$0
Nov 199401,50815.90$0
Oct 199401,34615.58$0
Sep 199401,68115.29$0
Aug 199401,80916.13$0
Jul 199402,27217.56$0
Jun 199401,79017.09$0
May 199401,27615.88$0
Apr 199441,63914.14$57
Mar 199401,06612.46$0
Feb 199401,30512.50$0
Jan 199401,42112.66$0
Dec 199301,60112.33$0
Nov 199301,54914.49$0
Oct 199301,92815.85$0
Sep 199302,45315.03$0
Aug 199301,73315.66$0
Jul 199301,64915.46$0
Jun 1993121,76616.79$201
May 199302,22317.68$0
Apr 199301,84518.05$0
Mar 199331,91618.14$54
Feb 199301,45317.90$0
Jan 199301,11316.93$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 2008 — as filed, then multipliedworked
Condensate             0 bbl  × $ 75.24 =         $0
Gas                    2 Mcf  × $  6.92 =        $14

────────────────────────────────────────────────────
Month total                                      $14

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/106761 is the state's own key, not one this site invented.