BRAD TOWNSITE

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

Operated by DYNAMIC PRODUCTION, INC. (P-5 237926) in the RICHARDSON (4050) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 111228District 7BField 76473800NGPA filingCondensateGasSave Export

Value, all time

$234 k

Jan 1993 – May 2005

Value, last 12 filed months

$2 k

at the published price for each month

Months reported

149

no gaps in the span

Streams

condensate, gas

The RICHARDSON (4050) 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 5 leases and 5 wells, and the rule below applies to all of them.

Discovered

1982-01-31

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 EFF. 6-1-82 PER AMENDMENT TO SWR 28 & 29”

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	457 bbl	$10,024
Gas	Production	127,847 Mcf	$223,589
Total			$233,613

62,305 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 32.7503, -98.5062. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.75025, -98.50621 · 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

4,659 ft

1 wells filed one

Completion to plug

20.8 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 4,659 ft.

Completions filed

May 1984

1 of 1 wells

Plug dates filed

Mar 2005

1 of 1 wells

Last completion to plug: a median of 20.8 years across the 1 well that filed both dates, with the middle half between 20.8 years and 20.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-36333302	1	4,659 ft	May 1984	Mar 2005	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 (149)

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

149 months


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	26	0	45.22	6.31	$1,176
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	23	38.28	6.08	$140
Jun 2004	0	29	36.10	6.43	$187
May 2004	0	1,347	37.48	6.49	$8,748
Apr 2004	0	643	34.47	5.86	$3,767
Mar 2004	35	647	34.36	5.53	$4,781
Feb 2004	0	559	32.45	5.51	$3,080
Jan 2004	0	261	32.03	6.30	$1,644
Dec 2003	0	48	30.26	6.30	$302
Nov 2003	0	223	28.80	4.60	$1,025
Oct 2003	0	479	28.17	4.76	$2,280
Sep 2003	0	591	26.31	4.75	$2,807
Aug 2003	0	647	29.76	5.13	$3,319
Jul 2003	0	718	29.41	5.17	$3,713
Jun 2003	0	741	28.56	5.98	$4,433
May 2003	0	860	26.59	5.97	$5,137
Apr 2003	0	476	26.67	5.41	$2,574
Mar 2003	0	527	31.14	6.10	$3,213
Feb 2003	0	276	33.48	7.93	$2,188
Jan 2003	0	355	30.31	5.58	$1,982
Dec 2002	0	431	26.91	4.85	$2,092
Nov 2002	0	492	24.66	4.14	$2,035
Oct 2002	0	579	26.46	4.23	$2,449
Sep 2002	0	618	27.44	3.64	$2,247
Aug 2002	0	870	25.96	3.16	$2,753
Jul 2002	0	841	24.58	3.06	$2,575
Jun 2002	0	977	23.73	3.34	$3,261
May 2002	95	715	24.66	3.58	$4,905
Apr 2002	0	648	23.65	3.51	$2,276
Mar 2002	0	637	22.00	3.10	$1,976
Feb 2002	0	424	18.22	2.38	$1,007
Jan 2002	0	629	17.17	2.38	$1,494
Dec 2001	0	285	16.93	2.36	$674
Nov 2001	0	705	18.07	2.41	$1,696
Oct 2001	0	843	19.78	2.53	$2,132
Sep 2001	0	934	24.26	2.25	$2,103
Aug 2001	0	982	24.87	3.05	$2,998
Jul 2001	0	644	23.93	3.20	$2,059
Jun 2001	0	1,545	24.56	3.82	$5,908
May 2001	0	1,617	25.52	4.31	$6,965
Apr 2001	0	638	24.68	5.34	$3,404
Mar 2001	0	371	24.54	5.38	$1,995
Feb 2001	0	736	27.75	5.77	$4,245
Jan 2001	0	87	27.47	8.40	$731
Dec 2000	0	525	26.88	9.12	$4,789
Nov 2000	0	624	32.21	5.66	$3,531
Oct 2000	0	836	31.23	5.15	$4,302
Sep 2000	0	717	31.87	5.19	$3,719
Aug 2000	0	581	29.64	4.54	$2,638
Jul 2000	0	715	28.53	4.09	$2,924
Jun 2000	0	535	29.30	4.40	$2,353
May 2000	0	791	27.26	3.68	$2,911
Apr 2000	0	717	24.51	3.12	$2,234
Mar 2000	0	1,039	28.42	2.86	$2,971
Feb 2000	0	628	27.62	2.73	$1,712
Jan 2000	0	1,015	25.27	2.48	$2,518
Dec 1999	0	415	24.28	2.42	$1,006
Nov 1999	0	945	23.19	2.43	$2,300
Oct 1999	0	935	20.98	2.80	$2,621
Sep 1999	0	246	21.75	2.62	$644
Aug 1999	0	250	19.26	2.88	$719
Jul 1999	1	1,159	17.89	2.37	$2,767
Jun 1999	0	1,088	15.94	2.36	$2,570
May 1999	0	1,013	15.79	2.32	$2,351
Apr 1999	1	559	15.10	2.21	$1,249
Mar 1999	0	896	12.47	1.84	$1,647
Feb 1999	0	1,263	9.98	1.82	$2,296
Jan 1999	0	440	10.38	1.90	$836
Dec 1998	0	652	9.20	1.77	$1,156
Nov 1998	0	652	10.89	2.19	$1,425
Oct 1998	0	907	12.42	1.97	$1,786
Sep 1998	0	1,209	12.59	2.08	$2,518
Aug 1998	0	1,164	11.30	1.91	$2,220
Jul 1998	0	1,194	11.74	2.24	$2,671
Jun 1998	0	1,160	11.24	2.24	$2,595
May 1998	0	858	12.62	2.21	$1,893
Apr 1998	0	1,234	13.04	2.51	$3,092
Mar 1998	0	1,259	12.80	2.31	$2,908
Feb 1998	4	835	13.95	2.30	$1,976
Jan 1998	0	991	14.70	2.15	$2,135
Dec 1997	0	935	16.32	2.41	$2,254
Nov 1997	0	1,015	18.19	3.09	$3,135
Oct 1997	0	1,085	19.25	3.15	$3,418
Sep 1997	0	1,289	17.74	2.95	$3,809
Aug 1997	0	1,288	17.86	2.55	$3,291
Jul 1997	0	973	17.58	2.25	$2,186
Jun 1997	0	540	17.24	2.26	$1,219
May 1997	0	426	18.97	2.31	$983
Apr 1997	0	209	17.88	2.08	$435
Mar 1997	0	37	18.95	1.94	$72
Feb 1997	3	299	20.49	2.21	$721
Jan 1997	3	701	23.48	3.54	$2,552
Dec 1996	2	570	23.32	—	$47
Nov 1996	1	1,050	21.97	—	$22
Oct 1996	2	741	23.31	—	$47
Sep 1996	2	855	22.22	—	$44
Aug 1996	1	712	20.26	—	$20
Jul 1996	79	796	19.55	—	$1,544
Jun 1996	3	415	18.73	—	$56
May 1996	1	956	19.43	—	$19
Apr 1996	2	1,083	21.51	—	$43
Mar 1996	2	866	19.38	—	$39
Feb 1996	2	492	16.98	—	$34
Jan 1996	1	522	17.07	—	$17
Dec 1995	0	626	17.19	—	$0
Nov 1995	1	680	16.00	—	$16
Oct 1995	97	588	15.43	—	$1,497
Sep 1995	0	602	16.18	—	$0
Aug 1995	1	1,200	15.92	—	$16
Jul 1995	1	1,390	15.24	—	$15
Jun 1995	1	1,228	16.41	—	$16
May 1995	1	1,373	17.56	—	$18
Apr 1995	2	1,239	17.73	—	$35
Mar 1995	2	1,360	16.44	—	$33
Feb 1995	0	1,500	16.58	—	$0
Jan 1995	0	1,776	15.92	—	$0
Dec 1994	0	1,484	15.03	—	$0
Nov 1994	0	1,481	15.90	—	$0
Oct 1994	0	1,795	15.58	—	$0
Sep 1994	0	1,415	15.29	—	$0
Aug 1994	0	1,878	16.13	—	$0
Jul 1994	0	2,058	17.56	—	$0
Jun 1994	0	1,164	17.09	—	$0
May 1994	0	1,571	15.88	—	$0
Apr 1994	0	1,706	14.14	—	$0
Mar 1994	0	1,721	12.46	—	$0
Feb 1994	0	1,574	12.50	—	$0
Jan 1994	0	1,543	12.66	—	$0
Dec 1993	0	1,584	12.33	—	$0
Nov 1993	0	1,784	14.49	—	$0
Oct 1993	0	1,569	15.85	—	$0
Sep 1993	0	1,641	15.03	—	$0
Aug 1993	6	1,640	15.66	—	$94
Jul 1993	2	1,490	15.46	—	$31
Jun 1993	0	1,347	16.79	—	$0
May 1993	0	2,099	17.68	—	$0
Apr 1993	0	1,864	18.05	—	$0
Mar 1993	0	2,049	18.14	—	$0
Feb 1993	77	1,245	17.90	—	$1,378
Jan 1993	0	1,983	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.

Feb 2005 — as filed, then multipliedworked

Condensate            26 bbl  × $ 45.22 =     $1,176
Gas                    0 Mcf  × $  6.31 =         $0

────────────────────────────────────────────────────
Month total                                   $1,176

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/111228 is the state's own key, not one this site invented.