REAGAN

Name: REAGAN lease production and value, Nov 1994 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by 2 R OPERATING CO. (P-5 953629) 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 152295District 7BField 68707333GasSave Export

Value, all time

$184 k

Nov 1994 – Dec 2017

Value, last 12 filed months

$3 k

at the published price for each month

Months reported

278

no gaps in the span

Streams

gas

The PALO PINTO CO. REG. (GAS) 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 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

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
Gas	Production	52,378 Mcf	$183,770
Total			$183,770

9,219 Mcf of this lease's gas, across 24 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 32.7778, -98.3752. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.77776, -98.37517 · 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

2,500 ft

1 wells filed one

Completion to plug

23.1 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 2,500 ft.

Completions filed

Nov 1994

1 of 1 wells

Plug dates filed

Dec 2017

1 of 1 wells

Last completion to plug: a median of 23.1 years across the 1 well that filed both dates, with the middle half between 23.1 years and 23.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-36300066	1	2,500 ft	Nov 1994	Dec 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 (278)

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

278 months


Dec 2017	0	57.27	2.92	$0
Nov 2017	0	55.42	3.12	$0
Oct 2017	0	49.29	2.98	$0
Sep 2017	0	47.52	3.09	$0
Aug 2017	15	45.37	3.00	$45
Jul 2017	16	43.87	3.09	$49
Jun 2017	127	42.49	3.09	$392
May 2017	208	45.37	3.26	$679
Apr 2017	229	47.93	3.21	$735
Mar 2017	215	46.77	2.98	$641
Feb 2017	152	50.45	2.95	$449
Jan 2017	102	49.41	3.42	$349
Dec 2016	124	48.76	3.72	$462
Nov 2016	165	42.49	2.64	$436
Oct 2016	170	46.19	3.09	$525
Sep 2016	172	41.55	3.10	$533
Aug 2016	168	41.44	2.92	$491
Jul 2016	112	41.62	2.92	$328
Jun 2016	207	45.35	2.69	$556
May 2016	186	42.52	1.99	$370
Apr 2016	173	36.56	1.99	$344
Mar 2016	146	33.01	1.79	$262
Feb 2016	151	26.47	2.06	$312
Jan 2016	195	27.35	2.36	$461
Dec 2015	140	32.36	2.00	$280
Nov 2015	109	38.79	2.17	$236
Oct 2015	173	43.55	2.43	$420
Sep 2015	222	42.99	2.76	$612
Aug 2015	231	40.16	2.87	$664
Jul 2015	219	48.15	2.95	$645
Jun 2015	239	56.15	2.88	$689
May 2015	224	55.21	2.96	$662
Apr 2015	235	49.82	2.71	$636
Mar 2015	236	42.89	2.93	$693
Feb 2015	233	44.66	2.98	$693
Jan 2015	189	43.43	3.10	$586
Dec 2014	201	54.69	3.59	$722
Nov 2014	130	70.46	4.25	$553
Oct 2014	249	78.30	3.90	$971
Sep 2014	456	86.16	4.05	$1,845
Aug 2014	291	89.39	4.04	$1,174
Jul 2014	217	96.56	4.18	$907
Jun 2014	255	98.16	4.74	$1,208
May 2014	248	94.73	4.73	$1,172
Apr 2014	183	95.94	4.81	$880
Mar 2014	157	95.89	5.06	$794
Feb 2014	149	97.40	6.19	$923
Jan 2014	163	90.40	4.86	$792
Dec 2013	188	91.82	4.35	$819
Nov 2013	247	88.85	3.74	$923
Oct 2013	220	97.42	3.78	$831
Sep 2013	182	104.11	3.72	$677
Aug 2013	166	104.25	3.52	$585
Jul 2013	225	102.52	3.72	$836
Jun 2013	212	94.40	3.93	$834
May 2013	194	94.83	4.15	$805
Apr 2013	192	93.96	4.28	$822
Mar 2013	208	93.62	3.91	$814
Feb 2013	194	91.23	3.42	$663
Jan 2013	185	91.60	3.42	$633
Dec 2012	177	86.77	3.42	$605
Nov 2012	211	86.95	3.62	$765
Oct 2012	229	89.38	3.40	$779
Sep 2012	125	94.67	2.92	$365
Aug 2012	204	92.66	2.91	$593
Jul 2012	124	85.13	3.02	$375
Jun 2012	143	79.82	2.52	$360
May 2012	203	91.61	2.49	$505
Apr 2012	230	101.65	2.00	$459
Mar 2012	192	105.05	2.22	$427
Feb 2012	136	101.10	2.57	$350
Jan 2012	106	98.09	2.73	$290
Dec 2011	82	96.87	3.24	$266
Nov 2011	142	95.72	3.31	$470
Oct 2011	192	84.98	3.65	$701
Sep 2011	251	83.62	3.99	$1,000
Aug 2011	199	83.40	4.15	$826
Jul 2011	269	94.14	4.52	$1,215
Jun 2011	136	92.90	4.64	$631
May 2011	146	98.13	4.40	$643
Apr 2011	180	105.96	4.33	$780
Mar 2011	151	96.36	4.06	$613
Feb 2011	65	85.64	4.18	$272
Jan 2011	115	86.50	4.59	$528
Dec 2010	130	85.73	4.35	$565
Nov 2010	167	80.84	3.80	$634
Oct 2010	146	78.10	3.51	$512
Sep 2010	236	72.63	3.98	$939
Aug 2010	180	73.68	4.42	$795
Jul 2010	144	72.55	4.74	$682
Jun 2010	210	70.36	4.91	$1,031
May 2010	594	71.12	4.24	$2,516
Apr 2010	226	81.69	4.12	$932
Mar 2010	184	78.39	4.39	$808
Feb 2010	214	73.58	5.44	$1,165
Jan 2010	221	74.36	5.96	$1,318
Dec 2009	224	71.44	5.48	$1,228
Nov 2009	173	74.59	3.75	$649
Oct 2009	38	72.54	4.11	$156
Sep 2009	92	65.54	3.06	$282
Aug 2009	129	67.42	3.22	$415
Jul 2009	0	61.13	3.46	$0
Jun 2009	143	66.16	3.90	$557
May 2009	103	54.74	3.93	$404
Apr 2009	130	46.77	3.59	$466
Mar 2009	22	42.14	4.06	$89
Feb 2009	113	32.81	4.63	$524
Jan 2009	186	35.86	5.37	$999
Dec 2008	215	37.10	5.98	$1,285
Nov 2008	240	55.49	6.86	$1,646
Oct 2008	216	75.24	6.92	$1,495
Sep 2008	204	101.76	7.88	$1,607
Aug 2008	195	114.22	8.48	$1,654
Jul 2008	181	131.08	11.39	$2,061
Jun 2008	264	131.33	13.03	$3,441
May 2008	256	123.17	11.57	$2,963
Apr 2008	248	110.31	10.45	$2,593
Mar 2008	314	101.90	9.66	$3,035
Feb 2008	284	92.53	8.77	$2,491
Jan 2008	169	90.38	8.21	$1,387
Dec 2007	53	88.33	7.30	$387
Nov 2007	29	91.67	7.29	$211
Oct 2007	34	82.85	6.92	$235
Sep 2007	164	75.84	6.24	$1,024
Aug 2007	215	69.06	6.39	$1,373
Jul 2007	31	70.90	6.39	$198
Jun 2007	12	62.00	7.55	$91
May 2007	19	58.74	7.85	$149
Apr 2007	45	59.61	7.81	$351
Mar 2007	26	56.92	7.30	$190
Feb 2007	222	55.10	8.22	$1,824
Jan 2007	366	50.30	6.73	$2,462
Dec 2006	183	56.65	6.92	$1,266
Nov 2006	143	54.20	7.62	$1,089
Oct 2006	55	54.90	6.01	$331
Sep 2006	160	60.08	5.04	$806
Aug 2006	261	68.71	7.34	$1,916
Jul 2006	0	69.37	6.34	$0
Jun 2006	266	66.28	6.38	$1,698
May 2006	250	66.01	6.42	$1,606
Apr 2006	368	64.39	7.36	$2,709
Mar 2006	12	56.70	7.08	$85
Feb 2006	46	57.59	7.75	$357
Jan 2006	96	60.59	8.93	$858
Dec 2005	95	54.94	13.42	$1,274
Nov 2005	25	54.69	10.59	$265
Oct 2005	18	58.34	13.80	$248
Sep 2005	15	61.45	12.08	$181
Aug 2005	17	61.51	9.80	$167
Jul 2005	23	55.69	7.84	$180
Jun 2005	16	52.33	7.38	$118
May 2005	14	45.22	6.65	$93
Apr 2005	27	49.20	7.36	$199
Mar 2005	34	50.37	7.15	$243
Feb 2005	7	45.22	6.31	$44
Jan 2005	16	43.16	6.32	$101
Dec 2004	19	39.86	6.75	$128
Nov 2004	39	45.28	6.33	$247
Oct 2004	20	49.70	6.52	$130
Sep 2004	18	43.24	5.28	$95
Aug 2004	210	42.37	5.55	$1,166
Jul 2004	27	38.28	6.08	$164
Jun 2004	0	36.10	6.43	$0
May 2004	0	37.48	6.49	$0
Apr 2004	0	34.47	5.86	$0
Mar 2004	88	34.36	5.53	$487
Feb 2004	190	32.45	5.51	$1,047
Jan 2004	96	32.03	6.30	$605
Dec 2003	77	30.26	6.30	$485
Nov 2003	280	28.80	4.60	$1,287
Oct 2003	355	28.17	4.76	$1,690
Sep 2003	141	26.31	4.75	$670
Aug 2003	299	29.76	5.13	$1,534
Jul 2003	236	29.41	5.17	$1,220
Jun 2003	312	28.56	5.98	$1,867
May 2003	184	26.59	5.97	$1,099
Apr 2003	188	26.67	5.41	$1,017
Mar 2003	325	31.14	6.10	$1,981
Feb 2003	240	33.48	7.93	$1,902
Jan 2003	417	30.31	5.58	$2,328
Dec 2002	461	26.91	4.85	$2,238
Nov 2002	197	24.66	4.14	$815
Oct 2002	215	26.46	4.23	$909
Sep 2002	194	27.44	3.64	$705
Aug 2002	593	25.96	3.16	$1,876
Jul 2002	288	24.58	3.06	$882
Jun 2002	545	23.73	3.34	$1,819
May 2002	532	24.66	3.58	$1,907
Apr 2002	629	23.65	3.51	$2,209
Mar 2002	135	22.00	3.10	$419
Feb 2002	149	18.22	2.38	$354
Jan 2002	170	17.17	2.38	$404
Dec 2001	135	16.93	2.36	$319
Nov 2001	210	18.07	2.41	$505
Oct 2001	188	19.78	2.53	$475
Sep 2001	154	24.26	2.25	$347
Aug 2001	150	24.87	3.05	$458
Jul 2001	155	23.93	3.20	$496
Jun 2001	155	24.56	3.82	$593
May 2001	161	25.52	4.31	$693
Apr 2001	152	24.68	5.34	$811
Mar 2001	111	24.54	5.38	$597
Feb 2001	108	27.75	5.77	$623
Jan 2001	115	27.47	8.40	$966
Dec 2000	0	26.88	9.12	$0
Nov 2000	159	32.21	5.66	$900
Oct 2000	119	31.23	5.15	$612
Sep 2000	175	31.87	5.19	$908
Aug 2000	133	29.64	4.54	$604
Jul 2000	259	28.53	4.09	$1,059
Jun 2000	242	29.30	4.40	$1,064
May 2000	204	27.26	3.68	$751
Apr 2000	177	24.51	3.12	$552
Mar 2000	177	28.42	2.86	$506
Feb 2000	150	27.62	2.73	$409
Jan 2000	141	25.27	2.48	$350
Dec 1999	124	24.28	2.42	$301
Nov 1999	0	23.19	2.43	$0
Oct 1999	137	20.98	2.80	$384
Sep 1999	116	21.75	2.62	$304
Aug 1999	77	19.26	2.88	$221
Jul 1999	75	17.89	2.37	$178
Jun 1999	12	15.94	2.36	$28
May 1999	61	15.79	2.32	$142
Apr 1999	115	15.10	2.21	$254
Mar 1999	257	12.47	1.84	$472
Feb 1999	118	9.98	1.82	$215
Jan 1999	96	10.38	1.90	$182
Dec 1998	666	9.20	1.77	$1,181
Nov 1998	62	10.89	2.19	$136
Oct 1998	5	12.42	1.97	$10
Sep 1998	367	12.59	2.08	$764
Aug 1998	249	11.30	1.91	$475
Jul 1998	496	11.74	2.24	$1,110
Jun 1998	389	11.24	2.24	$870
May 1998	110	12.62	2.21	$243
Apr 1998	110	13.04	2.51	$276
Mar 1998	98	12.80	2.31	$226
Feb 1998	195	13.95	2.30	$448
Jan 1998	113	14.70	2.15	$243
Dec 1997	61	16.32	2.41	$147
Nov 1997	174	18.19	3.09	$537
Oct 1997	138	19.25	3.15	$435
Sep 1997	247	17.74	2.95	$730
Aug 1997	270	17.86	2.55	$690
Jul 1997	284	17.58	2.25	$638
Jun 1997	292	17.24	2.26	$659
May 1997	332	18.97	2.31	$766
Apr 1997	278	17.88	2.08	$579
Mar 1997	153	18.95	1.94	$297
Feb 1997	304	20.49	2.21	$671
Jan 1997	222	23.48	3.54	$786
Dec 1996	349	23.32	—	$0
Nov 1996	274	21.97	—	$0
Oct 1996	297	23.31	—	$0
Sep 1996	401	22.22	—	$0
Aug 1996	153	20.26	—	$0
Jul 1996	179	19.55	—	$0
Jun 1996	251	18.73	—	$0
May 1996	266	19.43	—	$0
Apr 1996	412	21.51	—	$0
Mar 1996	366	19.38	—	$0
Feb 1996	454	16.98	—	$0
Jan 1996	224	17.07	—	$0
Dec 1995	84	17.19	—	$0
Nov 1995	243	16.00	—	$0
Oct 1995	298	15.43	—	$0
Sep 1995	317	16.18	—	$0
Aug 1995	399	15.92	—	$0
Jul 1995	479	15.24	—	$0
Jun 1995	518	16.41	—	$0
May 1995	537	17.56	—	$0
Apr 1995	698	17.73	—	$0
Mar 1995	722	16.44	—	$0
Feb 1995	854	16.58	—	$0
Jan 1995	444	15.92	—	$0
Dec 1994	0	15.03	—	$0
Nov 1994	0	15.90	—	$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.

Aug 2017 — as filed, then multipliedworked

Gas                   15 Mcf  × $  3.00 =        $45

────────────────────────────────────────────────────
Month total                                      $45

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/152295 is the state's own key, not one this site invented.