REAGAN "14"

Name: REAGAN "14" lease production and value, Jan 1998 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by DIAMOND S ENERGY COMPANY (P-5 217005) in the COSTELLO, NW. (4000) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 166449District 7BField 20910600CondensateGasSave Export

Value, all time

$1.6 M

Jan 1998 – Nov 2013

Value, last 12 filed months

at the published price for each month

Months reported

191

no gaps in the span

Streams

condensate, gas

The COSTELLO, NW. (4000) 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 23 leases and 23 wells, and the rule below applies to all of them.

Discovered

1974-09-05

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. 020183 PER AMENDMENT TO SWR 28 & 29”

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	3,344 bbl	$169,917
Gas	Production	283,082 Mcf	$1,395,566
Total			$1,565,483

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 32.7859, -98.3661. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.78594, -98.36609 · 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

4,330 ft

1 wells filed one

Completion to plug

15.8 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 4,330 ft.

Completions filed

Jan 1998

1 of 1 wells

Plug dates filed

Nov 2013

1 of 1 wells

Last completion to plug: a median of 15.8 years across the 1 well that filed both dates, with the middle half between 15.8 years and 15.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-36334708	5	4,330 ft	Jan 1998	Nov 2013	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 (191)

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

191 months


Nov 2013	0	0	88.85	3.74	$0
Oct 2013	0	0	97.42	3.78	$0
Sep 2013	0	0	104.11	3.72	$0
Aug 2013	0	0	104.25	3.52	$0
Jul 2013	0	0	102.52	3.72	$0
Jun 2013	0	0	94.40	3.93	$0
May 2013	0	0	94.83	4.15	$0
Apr 2013	0	0	93.96	4.28	$0
Mar 2013	0	0	93.62	3.91	$0
Feb 2013	0	0	91.23	3.42	$0
Jan 2013	0	0	91.60	3.42	$0
Dec 2012	0	0	86.77	3.42	$0
Nov 2012	0	0	86.95	3.62	$0
Oct 2012	0	0	89.38	3.40	$0
Sep 2012	0	0	94.67	2.92	$0
Aug 2012	0	0	92.66	2.91	$0
Jul 2012	0	0	85.13	3.02	$0
Jun 2012	0	0	79.82	2.52	$0
May 2012	0	0	91.61	2.49	$0
Apr 2012	0	0	101.65	2.00	$0
Mar 2012	0	0	105.05	2.22	$0
Feb 2012	0	0	101.10	2.57	$0
Jan 2012	0	0	98.09	2.73	$0
Dec 2011	0	0	96.87	3.24	$0
Nov 2011	0	0	95.72	3.31	$0
Oct 2011	0	0	84.98	3.65	$0
Sep 2011	0	0	83.62	3.99	$0
Aug 2011	0	0	83.40	4.15	$0
Jul 2011	0	0	94.14	4.52	$0
Jun 2011	0	0	92.90	4.64	$0
May 2011	0	0	98.13	4.40	$0
Apr 2011	0	0	105.96	4.33	$0
Mar 2011	0	0	96.36	4.06	$0
Feb 2011	0	0	85.64	4.18	$0
Jan 2011	0	0	86.50	4.59	$0
Dec 2010	0	0	85.73	4.35	$0
Nov 2010	0	0	80.84	3.80	$0
Oct 2010	0	0	78.10	3.51	$0
Sep 2010	0	0	72.63	3.98	$0
Aug 2010	0	0	73.68	4.42	$0
Jul 2010	0	0	72.55	4.74	$0
Jun 2010	0	0	70.36	4.91	$0
May 2010	0	0	71.12	4.24	$0
Apr 2010	0	0	81.69	4.12	$0
Mar 2010	0	0	78.39	4.39	$0
Feb 2010	0	0	73.58	5.44	$0
Jan 2010	0	0	74.36	5.96	$0
Dec 2009	0	0	71.44	5.48	$0
Nov 2009	0	0	74.59	3.75	$0
Oct 2009	0	0	72.54	4.11	$0
Sep 2009	0	0	65.54	3.06	$0
Aug 2009	0	0	67.42	3.22	$0
Jul 2009	0	0	61.13	3.46	$0
Jun 2009	0	0	66.16	3.90	$0
May 2009	0	0	54.74	3.93	$0
Apr 2009	0	0	46.77	3.59	$0
Mar 2009	0	0	42.14	4.06	$0
Feb 2009	0	0	32.81	4.63	$0
Jan 2009	0	0	35.86	5.37	$0
Dec 2008	0	0	37.10	5.98	$0
Nov 2008	0	0	55.49	6.86	$0
Oct 2008	0	0	75.24	6.92	$0
Sep 2008	0	0	101.76	7.88	$0
Aug 2008	0	0	114.22	8.48	$0
Jul 2008	0	0	131.08	11.39	$0
Jun 2008	0	0	131.33	13.03	$0
May 2008	0	0	123.17	11.57	$0
Apr 2008	0	0	110.31	10.45	$0
Mar 2008	0	0	101.90	9.66	$0
Feb 2008	0	0	92.53	8.77	$0
Jan 2008	0	0	90.38	8.21	$0
Dec 2007	0	0	88.33	7.30	$0
Nov 2007	0	0	91.67	7.29	$0
Oct 2007	0	0	82.85	6.92	$0
Sep 2007	0	0	75.84	6.24	$0
Aug 2007	0	0	69.06	6.39	$0
Jul 2007	0	0	70.90	6.39	$0
Jun 2007	0	0	62.00	7.55	$0
May 2007	0	0	58.74	7.85	$0
Apr 2007	0	0	59.61	7.81	$0
Mar 2007	0	0	56.92	7.30	$0
Feb 2007	0	0	55.10	8.22	$0
Jan 2007	0	0	50.30	6.73	$0
Dec 2006	0	0	56.65	6.92	$0
Nov 2006	0	0	54.20	7.62	$0
Oct 2006	0	32	54.90	6.01	$192
Sep 2006	0	5	60.08	5.04	$25
Aug 2006	65	1	68.71	7.34	$4,473
Jul 2006	0	3	69.37	6.34	$19
Jun 2006	132	2	66.28	6.38	$8,762
May 2006	0	3,188	66.01	6.42	$20,483
Apr 2006	0	6	64.39	7.36	$44
Mar 2006	334	818	56.70	7.08	$24,732
Feb 2006	0	3,320	57.59	7.75	$25,734
Jan 2006	0	2,601	60.59	8.93	$23,236
Dec 2005	0	3,045	54.94	13.42	$40,850
Nov 2005	165	3,306	54.69	10.59	$44,029
Oct 2005	172	3,027	58.34	13.80	$51,794
Sep 2005	0	2,815	61.45	12.08	$34,002
Aug 2005	158	2,684	61.51	9.80	$36,013
Jul 2005	168	3,455	55.69	7.84	$36,456
Jun 2005	406	2,926	52.33	7.38	$42,843
May 2005	168	3,658	45.22	6.65	$31,927
Apr 2005	155	4,778	49.20	7.36	$42,794
Mar 2005	334	3,636	50.37	7.15	$42,839
Feb 2005	171	1,496	45.22	6.31	$17,175
Jan 2005	149	2,200	43.16	6.32	$20,340
Dec 2004	152	3,272	39.86	6.75	$28,148
Nov 2004	132	3,074	45.28	6.33	$25,437
Oct 2004	132	4,911	49.70	6.52	$38,556
Sep 2004	171	3,536	43.24	5.28	$26,078
Aug 2004	0	5,280	42.37	5.55	$29,307
Jul 2004	0	5,523	38.28	6.08	$33,603
Jun 2004	0	4,688	36.10	6.43	$30,158
May 2004	0	7,185	37.48	6.49	$46,664
Apr 2004	0	7,300	34.47	5.86	$42,767
Mar 2004	180	7,980	34.36	5.53	$50,315
Feb 2004	0	6,747	32.45	5.51	$37,173
Jan 2004	0	6,577	32.03	6.30	$41,433
Dec 2003	0	7,900	30.26	6.30	$49,783
Nov 2003	0	5,627	28.80	4.60	$25,857
Oct 2003	0	3,795	28.17	4.76	$18,063
Sep 2003	0	684	26.31	4.75	$3,249
Aug 2003	0	672	29.76	5.13	$3,447
Jul 2003	0	981	29.41	5.17	$5,073
Jun 2003	0	961	28.56	5.98	$5,750
May 2003	0	882	26.59	5.97	$5,268
Apr 2003	0	1,147	26.67	5.41	$6,202
Mar 2003	0	930	31.14	6.10	$5,669
Feb 2003	0	738	33.48	7.93	$5,849
Jan 2003	0	1,253	30.31	5.58	$6,994
Dec 2002	0	108	26.91	4.85	$524
Nov 2002	0	748	24.66	4.14	$3,094
Oct 2002	0	951	26.46	4.23	$4,022
Sep 2002	0	1,106	27.44	3.64	$4,021
Aug 2002	0	1,269	25.96	3.16	$4,015
Jul 2002	0	1,120	24.58	3.06	$3,429
Jun 2002	0	1,529	23.73	3.34	$5,104
May 2002	0	459	24.66	3.58	$1,645
Apr 2002	0	0	23.65	3.51	$0
Mar 2002	0	1,766	22.00	3.10	$5,479
Feb 2002	0	1,250	18.22	2.38	$2,970
Jan 2002	0	1,590	17.17	2.38	$3,777
Dec 2001	0	1,707	16.93	2.36	$4,036
Nov 2001	0	2,365	18.07	2.41	$5,689
Oct 2001	0	1,681	19.78	2.53	$4,251
Sep 2001	0	1,791	24.26	2.25	$4,032
Aug 2001	0	1,963	24.87	3.05	$5,993
Jul 2001	0	2,424	23.93	3.20	$7,750
Jun 2001	0	2,385	24.56	3.82	$9,121
May 2001	0	2,094	25.52	4.31	$9,020
Apr 2001	0	2,155	24.68	5.34	$11,498
Mar 2001	0	2,343	24.54	5.38	$12,597
Feb 2001	0	2,283	27.75	5.77	$13,166
Jan 2001	0	2,128	27.47	8.40	$17,873
Dec 2000	0	2,138	26.88	9.12	$19,504
Nov 2000	0	2,379	32.21	5.66	$13,460
Oct 2000	0	2,726	31.23	5.15	$14,027
Sep 2000	0	3,121	31.87	5.19	$16,187
Aug 2000	0	2,367	29.64	4.54	$10,748
Jul 2000	0	2,410	28.53	4.09	$9,856
Jun 2000	0	2,355	29.30	4.40	$10,356
May 2000	0	2,318	27.26	3.68	$8,530
Apr 2000	0	2,607	24.51	3.12	$8,123
Mar 2000	0	2,286	28.42	2.86	$6,537
Feb 2000	0	2,128	27.62	2.73	$5,802
Jan 2000	0	2,246	25.27	2.48	$5,571
Dec 1999	0	2,382	24.28	2.42	$5,773
Nov 1999	0	2,673	23.19	2.43	$6,506
Oct 1999	0	2,888	20.98	2.80	$8,097
Sep 1999	0	2,572	21.75	2.62	$6,736
Aug 1999	0	3,081	19.26	2.88	$8,860
Jul 1999	0	3,123	17.89	2.37	$7,409
Jun 1999	0	2,940	15.94	2.36	$6,945
May 1999	0	3,086	15.79	2.32	$7,163
Apr 1999	0	3,120	15.10	2.21	$6,889
Mar 1999	0	3,476	12.47	1.84	$6,390
Feb 1999	0	3,173	9.98	1.82	$5,768
Jan 1999	0	3,561	10.38	1.90	$6,766
Dec 1998	0	3,310	9.20	1.77	$5,870
Nov 1998	0	1,616	10.89	2.19	$3,532
Oct 1998	0	3,494	12.42	1.97	$6,880
Sep 1998	0	4,392	12.59	2.08	$9,147
Aug 1998	0	4,210	11.30	1.91	$8,030
Jul 1998	0	4,479	11.74	2.24	$10,021
Jun 1998	0	4,605	11.24	2.24	$10,303
May 1998	0	3,823	12.62	2.21	$8,435
Apr 1998	0	3,387	13.04	2.51	$8,486
Mar 1998	0	4,035	12.80	2.31	$9,319
Feb 1998	0	4,078	13.95	2.30	$9,376
Jan 1998	0	637	14.70	2.15	$1,373

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 2006 — as filed, then multipliedworked

Condensate             0 bbl  × $ 54.90 =         $0
Gas                   32 Mcf  × $  6.01 =       $192

────────────────────────────────────────────────────
Month total                                     $192

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/166449 is the state's own key, not one this site invented.