LONG, C. B.

Operated by TRACER OPERATING, INC. (P-5 863965) in the RINGO (CONG.UPPER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 172507District 7BField 76800302CondensateGasSaveExport
Value, all time
$200 k
Jan 1999 – Aug 2006
Value, last 12 filed months
$0
at the published price for each month
Months reported
92
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 7 leases and 7 wells, and the rule below applies to all of them.

Discovered
1984-07-26
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: AOF-1 AND AOF-2 EFFECTIVE 01/01/99.

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
CondensateDisposition825 bbl$14,542
GasProduction48,198 Mcf$185,411
Total$199,952

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 32.5839, -98.3994. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.58389, -98.39937 · 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
3,105 ft
1 wells filed one
Completion to plug
6.8 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 3,105 ft.

Completions filed
Jan 1999
1 of 1 wells
Plug dates filed
Oct 2005
1 of 1 wells

Last completion to plug: a median of 6.8 years across the 1 well that filed both dates, with the middle half between 6.8 years and 6.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3633480413,105 ftJan 1999Oct 2005Yes

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 (92)

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

92 months

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 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030726.314.75$33
Aug 200302829.765.13$144
Jul 200309429.415.17$486
Jun 200308828.565.98$527
May 200306426.595.97$382
Apr 200306526.675.41$351
Mar 200302131.146.10$128
Feb 200307833.487.93$618
Jan 200302430.315.58$134
Dec 200207326.914.85$354
Nov 20020824.664.14$33
Oct 2002016526.464.23$698
Sep 200202627.443.64$95
Aug 200206525.963.16$206
Jul 200206124.583.06$187
Jun 200206423.733.34$214
May 200205824.663.58$208
Apr 2002044523.653.51$1,563
Mar 2002062022.003.10$1,924
Feb 2002045818.222.38$1,088
Jan 2002018217.172.38$432
Dec 2001031216.932.36$738
Nov 2001037918.072.41$912
Oct 2001024119.782.53$609
Sep 2001025524.262.25$574
Aug 2001042624.873.05$1,301
Jul 2001076123.933.20$2,433
Jun 200101,02724.563.82$3,927
May 2001091625.524.31$3,946
Apr 200101,31824.685.34$7,032
Mar 200101,40724.545.38$7,565
Feb 200101,28427.755.77$7,405
Jan 200101,02627.478.40$8,617
Dec 200001,56826.889.12$14,304
Nov 200001,80532.215.66$10,213
Oct 200002,01931.235.15$10,389
Sep 200001,99631.875.19$10,352
Aug 200001,91329.644.54$8,686
Jul 200001,96628.534.09$8,040
Jun 20001511,76429.304.40$12,181
May 200001,74227.263.68$6,410
Apr 200001,58624.513.12$4,942
Mar 200001,74728.422.86$4,996
Feb 200001,15327.622.73$3,144
Jan 200001,65325.272.48$4,100
Dec 199901,64224.282.42$3,980
Nov 199901,57323.192.43$3,829
Oct 199901,65720.982.80$4,646
Sep 19991361,50921.752.62$6,910
Aug 199901,53519.262.88$4,414
Jul 199901,59417.892.37$3,782
Jun 199901,48815.942.36$3,515
May 1999811,54015.792.32$4,853
Apr 19991781,50515.102.21$6,011
Mar 19991641,13212.471.84$4,126
Feb 1999115439.981.82$1,226
Jan 199902210.381.90$42

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.

Sep 2003 — as filed, then multipliedworked
Condensate             0 bbl  × $ 26.31 =         $0
Gas                    7 Mcf  × $  4.75 =        $33

────────────────────────────────────────────────────
Month total                                      $33

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/172507 is the state's own key, not one this site invented.