ECHOLS

Operated by STEPHENS ENERGY CORP. (P-5 817515) in the PALO PINTO CO. REG. (GAS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 122695District 7BField 68707333NGPA filingCondensateGasSaveExport
Value, all time
$1.0 M
Jan 1993 – Feb 2012
Value, last 12 filed months
$0
at the published price for each month
Months reported
230
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 710 leases and 710 wells, and the rule below applies to all of them.

Discovered
1957-10-15
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

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
CondensateDisposition1,297 bbl$27,947
GasProduction395,846 Mcf$1,018,570
Total$1,046,517

159,308 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 32.7424, -98.5254. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.74243, -98.52539 · 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
4,374 ft
1 wells filed one
Completion to plug
25.3 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 4,374 ft.

Completions filed
Nov 1986
1 of 1 wells
Plug dates filed
Mar 2012
1 of 1 wells

Last completion to plug: a median of 25.3 years across the 1 well that filed both dates, with the middle half between 25.3 years and 25.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3633373834,374 ftNov 1986Mar 2012Yes

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 (230)

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

230 months

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 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 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
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 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 200611,22260.598.93$10,977
Dec 200522,09254.9413.42$28,175
Nov 200542,10254.6910.59$22,476
Oct 200552,44958.3413.80$34,078
Sep 200552,00761.4512.08$24,550
Aug 200582,27861.519.80$22,809
Jul 200562,37555.697.84$18,963
Jun 200592,49952.337.38$18,916
May 200561,68545.226.65$11,479
Apr 200581,54149.207.36$11,736
Mar 200571,65950.377.15$12,223
Feb 200561,54145.226.31$9,998
Jan 200561,70143.166.32$11,013
Dec 200481,62739.866.75$11,303
Nov 200481,46245.286.33$9,617
Oct 2004122,18349.706.52$14,819
Sep 200401,11543.245.28$5,892
Aug 200422,02242.375.55$11,308
Jul 200441,01838.286.08$6,347
Jun 200451,65836.106.43$10,846
May 200461,92437.486.49$12,720
Apr 200421,27034.475.86$7,509
Mar 2004111,65534.365.53$9,530
Feb 200461,65832.455.51$9,330
Jan 200451,75132.036.30$11,191
Dec 200361,39730.266.30$8,985
Nov 2003491,47128.804.60$8,171
Oct 200381,78028.174.76$8,698
Sep 200381,59926.314.75$7,805
Aug 200392,23829.765.13$11,748
Jul 200382,49029.415.17$13,111
Jun 200361,58028.565.98$9,624
May 200372,07826.595.97$12,597
Apr 200371,89226.675.41$10,417
Mar 200362,11731.146.10$13,092
Feb 200322,02033.487.93$16,077
Jan 200312,05130.315.58$11,479
Dec 200241,48526.914.85$7,315
Nov 200242,20224.664.14$9,208
Oct 200231,91626.464.23$8,182
Sep 200252,32927.443.64$8,604
Aug 200221,73725.963.16$5,548
Jul 200262,00224.583.06$6,277
Jun 200252,51623.733.34$8,518
May 200241,13124.663.58$4,152
Apr 200262,09323.653.51$7,493
Mar 200242,13922.003.10$6,725
Feb 200261,57018.222.38$3,839
Jan 200252,50817.172.38$6,044
Dec 200182,44616.932.36$5,919
Nov 200122,70118.072.41$6,533
Oct 200151,64019.782.53$4,246
Sep 200142,33324.262.25$5,349
Aug 200142,89124.873.05$8,926
Jul 200162,23423.933.20$7,286
Jun 200163,45424.563.82$13,356
May 200152,73025.524.31$11,887
Apr 200122,81524.685.34$15,068
Mar 200152,61324.545.38$14,171
Feb 200122,28827.755.77$13,251
Jan 200152,53527.478.40$21,428
Dec 200042,48626.889.12$22,786
Nov 200062,33332.215.66$13,393
Oct 200062,29131.235.15$11,976
Sep 200052,41031.875.19$12,659
Aug 200022,49229.644.54$11,375
Jul 200072,78628.534.09$11,594
Jun 200062,93029.304.40$13,060
May 200042,42927.263.68$9,047
Apr 200042,15724.513.12$6,819
Mar 200042,28028.422.86$6,634
Feb 200042,15827.622.73$5,994
Jan 2000102,33625.272.48$6,047
Dec 199962,51424.282.42$6,239
Nov 199962,33023.192.43$5,810
Oct 199962,49320.982.80$7,116
Sep 199942,36621.752.62$6,283
Aug 199962,49519.262.88$7,290
Jul 199942,63017.892.37$6,311
Jun 199902,41315.942.36$5,700
May 199962,08515.792.32$4,934
Apr 199982,92915.102.21$6,588
Mar 199932,51212.471.84$4,655
Feb 199952,2559.981.82$4,149
Jan 199902,81810.381.90$5,354
Dec 199852,5259.201.77$4,524
Nov 199842,19410.892.19$4,839
Oct 199842,24412.421.97$4,469
Sep 199852,16112.592.08$4,563
Aug 199802,23311.301.91$4,259
Jul 199862,26411.742.24$5,136
Jun 199892,26611.242.24$5,171
May 19981472,46312.622.21$7,289
Apr 199862,40613.042.51$6,106
Mar 199802,54712.802.31$5,882
Feb 199882,83913.952.30$6,639
Jan 1998122,48014.702.15$5,520
Dec 1997103,06716.322.41$7,558
Nov 199782,35818.193.09$7,428
Oct 199742,03419.253.15$6,484
Sep 199732,56417.742.95$7,630
Aug 199711,03117.862.55$2,652
Jul 199722,32417.582.25$5,257
Jun 199731,71017.242.26$3,912
May 199752,29118.972.31$5,384
Apr 199752,42217.882.08$5,134
Mar 199772,21018.951.94$4,418
Feb 199772,34220.492.21$5,310
Jan 199763,12023.483.54$11,185
Dec 199601,54923.32$0
Nov 199661,78521.97$132
Oct 199682,20223.31$186
Sep 199672,18422.22$156
Aug 199682,29320.26$162
Jul 199661,81719.55$117
Jun 199672,37618.73$131
May 1996979119.43$175
Apr 199621,04721.51$43
Mar 199652,15819.38$97
Feb 199611,73916.98$17
Jan 199641,82317.07$68
Dec 199562,61317.19$103
Nov 199552,06816.00$80
Oct 199542,13615.43$62
Sep 199551,74716.18$81
Aug 199572,81115.92$111
Jul 199593,07515.24$137
Jun 199552,79716.41$82
May 199572,51117.56$123
Apr 199553,24417.73$89
Mar 199521,72016.44$33
Feb 199543,18216.58$66
Jan 199563,70815.92$96
Dec 199453,62215.03$75
Nov 199473,31815.90$111
Oct 199473,17015.58$109
Sep 19941673,15615.29$2,553
Aug 199493,42616.13$145
Jul 1994103,88117.56$176
Jun 199453,70017.09$85
May 1994104,18315.88$159
Apr 1994104,95314.14$141
Mar 199445,83712.46$50
Feb 199474,43912.50$88
Jan 199445,85412.66$51
Dec 199336,86712.33$37
Nov 199305,64614.49$0
Oct 199304,44915.85$0
Sep 199304,57015.03$0
Aug 199304,91815.66$0
Jul 199304,46215.46$0
Jun 199304,52016.79$0
May 199304,59017.68$0
Apr 199304,19118.05$0
Mar 199304,21118.14$0
Feb 199303,94317.90$0
Jan 19931714,02616.93$2,895

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.

Jan 2006 — as filed, then multipliedworked
Condensate             1 bbl  × $ 60.59 =        $61
Gas                1,222 Mcf  × $  8.93 =    $10,917

────────────────────────────────────────────────────
Month total                                  $10,977

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/122695 is the state's own key, not one this site invented.