GINNY

Operated by RICHARDSON RESOURCES INC (P-5 708778) in the VIRGINIA FRANCES (CROSS CUT) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 119725District 7BField 93973500NGPA filingGasSaveExport
Value, all time
$232 k
Jan 1993 – Jun 2013
Value, last 12 filed months
$0
at the published price for each month
Months reported
246
no gaps in the span
Streams
1
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 4 leases and 4 wells, and the rule below applies to all of them.

Discovered
1985-10-04
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 04/01/89.

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
GasProduction72,511 Mcf$232,409
Total$232,409

24,081 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 31.9574, -99.5438. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.95743, -99.54381 · 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
3,935 ft
1 wells filed one
Completion to plug
27.7 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 3,935 ft.

Completions filed
Oct 1985
1 of 1 wells
Plug dates filed
Jun 2013
1 of 1 wells

Last completion to plug: a median of 27.7 years across the 1 well that filed both dates, with the middle half between 27.7 years and 27.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-0833452413,935 ftOct 1985Jun 2013Yes

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 (246)

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

246 months

Jun 2013094.403.93$0
May 2013094.834.15$0
Apr 2013093.964.28$0
Mar 2013093.623.91$0
Feb 2013091.233.42$0
Jan 2013091.603.42$0
Dec 2012086.773.42$0
Nov 2012086.953.62$0
Oct 2012089.383.40$0
Sep 2012094.672.92$0
Aug 2012092.662.91$0
Jul 2012085.133.02$0
Jun 2012079.822.52$0
May 2012091.612.49$0
Apr 20120101.652.00$0
Mar 20120105.052.22$0
Feb 20120101.102.57$0
Jan 2012098.092.73$0
Dec 2011096.873.24$0
Nov 2011095.723.31$0
Oct 2011084.983.65$0
Sep 2011083.623.99$0
Aug 2011083.404.15$0
Jul 2011094.144.52$0
Jun 2011092.904.64$0
May 2011098.134.40$0
Apr 20110105.964.33$0
Mar 2011096.364.06$0
Feb 2011085.644.18$0
Jan 2011086.504.59$0
Dec 2010085.734.35$0
Nov 2010080.843.80$0
Oct 2010078.103.51$0
Sep 2010072.633.98$0
Aug 2010073.684.42$0
Jul 2010072.554.74$0
Jun 2010070.364.91$0
May 2010071.124.24$0
Apr 2010081.694.12$0
Mar 2010078.394.39$0
Feb 2010073.585.44$0
Jan 2010074.365.96$0
Dec 2009071.445.48$0
Nov 2009074.593.75$0
Oct 2009072.544.11$0
Sep 2009065.543.06$0
Aug 2009067.423.22$0
Jul 2009061.133.46$0
Jun 2009066.163.90$0
May 2009054.743.93$0
Apr 20098346.773.59$298
Mar 200928342.144.06$1,149
Feb 200926232.814.63$1,214
Jan 200926135.865.37$1,402
Dec 200830737.105.98$1,835
Nov 200833855.496.86$2,319
Oct 200825675.246.92$1,772
Sep 20080101.767.88$0
Aug 20080114.228.48$0
Jul 20080131.0811.39$0
Jun 20080131.3313.03$0
May 20080123.1711.57$0
Apr 2008143110.3110.45$1,495
Mar 2008385101.909.66$3,721
Feb 200839092.538.77$3,421
Jan 200839390.388.21$3,225
Dec 200739288.337.30$2,862
Nov 200737691.677.29$2,742
Oct 200732982.856.92$2,277
Sep 200728375.846.24$1,767
Aug 200730769.066.39$1,961
Jul 200729670.906.39$1,891
Jun 200730762.007.55$2,317
May 200734658.747.85$2,715
Apr 200734659.617.81$2,701
Mar 200736556.927.30$2,665
Feb 200734455.108.22$2,826
Jan 200732750.306.73$2,200
Dec 200634556.656.92$2,387
Nov 200632554.207.62$2,476
Oct 200629754.906.01$1,786
Sep 200622860.085.04$1,148
Aug 200626468.717.34$1,938
Jul 200626769.376.34$1,694
Jun 200622266.286.38$1,417
May 200626866.016.42$1,722
Apr 200626464.397.36$1,943
Mar 200627756.707.08$1,962
Feb 200624557.597.75$1,899
Jan 200627760.598.93$2,475
Dec 200530554.9413.42$4,092
Nov 200527754.6910.59$2,933
Oct 200529858.3413.80$4,111
Sep 200523061.4512.08$2,778
Aug 200527561.519.80$2,694
Jul 200527055.697.84$2,118
Jun 200527552.337.38$2,030
May 200528345.226.65$1,882
Apr 200527149.207.36$1,995
Mar 200527450.377.15$1,960
Feb 200526045.226.31$1,641
Jan 200526043.166.32$1,644
Dec 200431539.866.75$2,127
Nov 200418745.286.33$1,184
Oct 200428149.706.52$1,831
Sep 200426943.245.28$1,421
Aug 200428542.375.55$1,582
Jul 200428538.286.08$1,734
Jun 200432136.106.43$2,065
May 200435837.486.49$2,325
Apr 200434834.475.86$2,039
Mar 200440334.365.53$2,229
Feb 200434332.455.51$1,890
Jan 200438432.036.30$2,419
Dec 200338730.266.30$2,439
Nov 200338728.804.60$1,778
Oct 200339728.174.76$1,890
Sep 200338426.314.75$1,824
Aug 200335729.765.13$1,831
Jul 200333829.415.17$1,748
Jun 200330028.565.98$1,795
May 200331126.595.97$1,858
Apr 200331426.675.41$1,698
Mar 200331431.146.10$1,914
Feb 200326333.487.93$2,085
Jan 200329430.315.58$1,641
Dec 200227026.914.85$1,311
Nov 200223424.664.14$968
Oct 200227526.464.23$1,163
Sep 200225927.443.64$942
Aug 200227625.963.16$873
Jul 200230024.583.06$919
Jun 200228123.733.34$938
May 200229124.663.58$1,043
Apr 200231123.653.51$1,092
Mar 200224722.003.10$766
Feb 200219218.222.38$456
Jan 200226217.172.38$622
Dec 200126516.932.36$627
Nov 200119518.072.41$469
Oct 200119919.782.53$503
Sep 200128324.262.25$637
Aug 200131724.873.05$968
Jul 200132123.933.20$1,026
Jun 200134424.563.82$1,316
May 200139725.524.31$1,710
Apr 200136824.685.34$1,963
Mar 200137124.545.38$1,995
Feb 200133827.755.77$1,949
Jan 200135327.478.40$2,965
Dec 200035226.889.12$3,211
Nov 200035732.215.66$2,020
Oct 200038731.235.15$1,991
Sep 200040931.875.19$2,121
Aug 200043229.644.54$1,962
Jul 200045328.534.09$1,853
Jun 200034529.304.40$1,517
May 200029827.263.68$1,097
Apr 200034824.513.12$1,084
Mar 200031328.422.86$895
Feb 200037427.622.73$1,020
Jan 200039825.272.48$987
Dec 199941224.282.42$999
Nov 199938323.192.43$932
Oct 199936120.982.80$1,012
Sep 199939421.752.62$1,032
Aug 199941219.262.88$1,185
Jul 199940017.892.37$949
Jun 199944815.942.36$1,058
May 199941915.792.32$973
Apr 199937615.102.21$830
Mar 199935512.471.84$653
Feb 19994149.981.82$753
Jan 199944510.381.90$845
Dec 19983669.201.77$649
Nov 199840110.892.19$876
Oct 199848212.421.97$949
Sep 199845112.592.08$939
Aug 199853411.301.91$1,019
Jul 199853711.742.24$1,201
Jun 199846411.242.24$1,038
May 199850812.622.21$1,121
Apr 199850613.042.51$1,268
Mar 199847812.802.31$1,104
Feb 199843613.952.30$1,002
Jan 199847714.702.15$1,028
Dec 199747416.322.41$1,143
Nov 199745118.193.09$1,393
Oct 199743619.253.15$1,373
Sep 199749417.742.95$1,460
Aug 199751217.862.55$1,308
Jul 199752317.582.25$1,175
Jun 199753817.242.26$1,214
May 199762218.972.31$1,436
Apr 199712917.882.08$269
Mar 199722618.951.94$438
Feb 199725220.492.21$556
Jan 199739823.483.54$1,409
Dec 199642323.32$0
Nov 199643721.97$0
Oct 199645523.31$0
Sep 199643722.22$0
Aug 199645620.26$0
Jul 199647919.55$0
Jun 199644918.73$0
May 199646019.43$0
Apr 199645721.51$0
Mar 199646919.38$0
Feb 199643116.98$0
Jan 199650017.07$0
Dec 199553117.19$0
Nov 199550616.00$0
Oct 199529615.43$0
Sep 199521216.18$0
Aug 199541315.92$0
Jul 199550915.24$0
Jun 199551816.41$0
May 199552517.56$0
Apr 199549517.73$0
Mar 199551816.44$0
Feb 199545816.58$0
Jan 199551715.92$0
Dec 199452515.03$0
Nov 199452715.90$0
Oct 199453715.58$0
Sep 199450915.29$0
Aug 199450316.13$0
Jul 199456117.56$0
Jun 199451117.09$0
May 199448215.88$0
Apr 199442014.14$0
Mar 199425412.46$0
Feb 199430612.50$0
Jan 199436012.66$0
Dec 199338612.33$0
Nov 199340214.49$0
Oct 199347615.85$0
Sep 199350315.03$0
Aug 199354515.66$0
Jul 199324915.46$0
Jun 199386416.79$0
May 199373217.68$0
Apr 199389818.05$0
Mar 199398518.14$0
Feb 199377217.90$0
Jan 199382316.93$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 2009 — as filed, then multipliedworked
Gas                   83 Mcf  × $  3.59 =       $298

────────────────────────────────────────────────────
Month total                                     $298

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/119725 is the state's own key, not one this site invented.