HOUSTON RANCH

Name: HOUSTON RANCH lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by EOG RESOURCES, INC. (P-5 253162) in the HOUSTON RANCH (STRAWN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 71023District 7BField 42915600NGPA filingGasSave Export

Value, all time

$76 k

Jan 1993 – Oct 2005

Value, last 12 filed months

$24 k

at the published price for each month

Months reported

154

no gaps in the span

Streams

gas

The HOUSTON RANCH (STRAWN) 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 38 leases and 38 wells, and the rule below applies to all of them.

Discovered

1976-06-01

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: “EFFEC 4-1-82 PER LETTER 3-3-82”

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.

Programme	Filings	With an approval date	Dated	Docket
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Gas	Production	33,344 Mcf	$75,709
Total			$75,709

15,794 Mcf of this lease's gas, across 29 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 32.4201, -98.0195. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.42007, -98.01950 · 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

3,810 ft

1 wells filed one

Completion to plug

29.4 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 3,810 ft.

Completions filed

Jun 1976

1 of 1 wells

Plug dates filed

Nov 2005

1 of 1 wells

Last completion to plug: a median of 29.4 years across the 1 well that filed both dates, with the middle half between 29.4 years and 29.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-22130044	3	3,810 ft	Jun 1976	Nov 2005	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 (154)

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

154 months


Oct 2005	0	58.34	13.80	$0
Sep 2005	52	61.45	12.08	$628
Aug 2005	218	61.51	9.80	$2,136
Jul 2005	188	55.69	7.84	$1,475
Jun 2005	220	52.33	7.38	$1,624
May 2005	383	45.22	6.65	$2,547
Apr 2005	292	49.20	7.36	$2,149
Mar 2005	350	50.37	7.15	$2,504
Feb 2005	353	45.22	6.31	$2,228
Jan 2005	400	43.16	6.32	$2,529
Dec 2004	377	39.86	6.75	$2,545
Nov 2004	504	45.28	6.33	$3,191
Oct 2004	475	49.70	6.52	$3,095
Sep 2004	382	43.24	5.28	$2,018
Aug 2004	186	42.37	5.55	$1,032
Jul 2004	89	38.28	6.08	$541
Jun 2004	145	36.10	6.43	$933
May 2004	150	37.48	6.49	$974
Apr 2004	170	34.47	5.86	$996
Mar 2004	191	34.36	5.53	$1,056
Feb 2004	247	32.45	5.51	$1,361
Jan 2004	120	32.03	6.30	$756
Dec 2003	162	30.26	6.30	$1,021
Nov 2003	223	28.80	4.60	$1,025
Oct 2003	182	28.17	4.76	$866
Sep 2003	79	26.31	4.75	$375
Aug 2003	154	29.76	5.13	$790
Jul 2003	227	29.41	5.17	$1,174
Jun 2003	180	28.56	5.98	$1,077
May 2003	94	26.59	5.97	$561
Apr 2003	207	26.67	5.41	$1,119
Mar 2003	0	31.14	6.10	$0
Feb 2003	209	33.48	7.93	$1,657
Jan 2003	52	30.31	5.58	$290
Dec 2002	56	26.91	4.85	$272
Nov 2002	193	24.66	4.14	$798
Oct 2002	49	26.46	4.23	$207
Sep 2002	111	27.44	3.64	$404
Aug 2002	92	25.96	3.16	$291
Jul 2002	75	24.58	3.06	$230
Jun 2002	181	23.73	3.34	$604
May 2002	167	24.66	3.58	$599
Apr 2002	10	23.65	3.51	$35
Mar 2002	365	22.00	3.10	$1,132
Feb 2002	183	18.22	2.38	$435
Jan 2002	125	17.17	2.38	$297
Dec 2001	252	16.93	2.36	$596
Nov 2001	327	18.07	2.41	$787
Oct 2001	0	19.78	2.53	$0
Sep 2001	286	24.26	2.25	$644
Aug 2001	193	24.87	3.05	$589
Jul 2001	178	23.93	3.20	$569
Jun 2001	245	24.56	3.82	$937
May 2001	219	25.52	4.31	$943
Apr 2001	336	24.68	5.34	$1,793
Mar 2001	47	24.54	5.38	$253
Feb 2001	0	27.75	5.77	$0
Jan 2001	0	27.47	8.40	$0
Dec 2000	0	26.88	9.12	$0
Nov 2000	0	32.21	5.66	$0
Oct 2000	129	31.23	5.15	$664
Sep 2000	62	31.87	5.19	$322
Aug 2000	0	29.64	4.54	$0
Jul 2000	15	28.53	4.09	$61
Jun 2000	163	29.30	4.40	$717
May 2000	200	27.26	3.68	$736
Apr 2000	3	24.51	3.12	$9
Mar 2000	0	28.42	2.86	$0
Feb 2000	96	27.62	2.73	$262
Jan 2000	90	25.27	2.48	$223
Dec 1999	51	24.28	2.42	$124
Nov 1999	140	23.19	2.43	$341
Oct 1999	25	20.98	2.80	$70
Sep 1999	162	21.75	2.62	$424
Aug 1999	233	19.26	2.88	$670
Jul 1999	312	17.89	2.37	$740
Jun 1999	155	15.94	2.36	$366
May 1999	232	15.79	2.32	$538
Apr 1999	0	15.10	2.21	$0
Mar 1999	0	12.47	1.84	$0
Feb 1999	0	9.98	1.82	$0
Jan 1999	0	10.38	1.90	$0
Dec 1998	0	9.20	1.77	$0
Nov 1998	0	10.89	2.19	$0
Oct 1998	0	12.42	1.97	$0
Sep 1998	84	12.59	2.08	$175
Aug 1998	89	11.30	1.91	$170
Jul 1998	246	11.74	2.24	$550
Jun 1998	248	11.24	2.24	$555
May 1998	198	12.62	2.21	$437
Apr 1998	195	13.04	2.51	$489
Mar 1998	172	12.80	2.31	$397
Feb 1998	155	13.95	2.30	$356
Jan 1998	167	14.70	2.15	$360
Dec 1997	163	16.32	2.41	$393
Nov 1997	85	18.19	3.09	$263
Oct 1997	66	19.25	3.15	$208
Sep 1997	0	17.74	2.95	$0
Aug 1997	286	17.86	2.55	$731
Jul 1997	321	17.58	2.25	$721
Jun 1997	341	17.24	2.26	$770
May 1997	336	18.97	2.31	$776
Apr 1997	332	17.88	2.08	$691
Mar 1997	349	18.95	1.94	$677
Feb 1997	326	20.49	2.21	$719
Jan 1997	372	23.48	3.54	$1,317
Dec 1996	424	23.32	—	$0
Nov 1996	311	21.97	—	$0
Oct 1996	281	23.31	—	$0
Sep 1996	0	22.22	—	$0
Aug 1996	433	20.26	—	$0
Jul 1996	404	19.55	—	$0
Jun 1996	403	18.73	—	$0
May 1996	431	19.43	—	$0
Apr 1996	424	21.51	—	$0
Mar 1996	445	19.38	—	$0
Feb 1996	427	16.98	—	$0
Jan 1996	476	17.07	—	$0
Dec 1995	507	17.19	—	$0
Nov 1995	514	16.00	—	$0
Oct 1995	599	15.43	—	$0
Sep 1995	669	16.18	—	$0
Aug 1995	759	15.92	—	$0
Jul 1995	843	15.24	—	$0
Jun 1995	843	16.41	—	$0
May 1995	775	17.56	—	$0
Apr 1995	446	17.73	—	$0
Mar 1995	1,227	16.44	—	$0
Feb 1995	283	16.58	—	$0
Jan 1995	0	15.92	—	$0
Dec 1994	0	15.03	—	$0
Nov 1994	0	15.90	—	$0
Oct 1994	0	15.58	—	$0
Sep 1994	0	15.29	—	$0
Aug 1994	73	16.13	—	$0
Jul 1994	0	17.56	—	$0
Jun 1994	0	17.09	—	$0
May 1994	0	15.88	—	$0
Apr 1994	0	14.14	—	$0
Mar 1994	0	12.46	—	$0
Feb 1994	0	12.50	—	$0
Jan 1994	0	12.66	—	$0
Dec 1993	0	12.33	—	$0
Nov 1993	0	14.49	—	$0
Oct 1993	0	15.85	—	$0
Sep 1993	0	15.03	—	$0
Aug 1993	0	15.66	—	$0
Jul 1993	0	15.46	—	$0
Jun 1993	517	16.79	—	$0
May 1993	704	17.68	—	$0
Apr 1993	602	18.05	—	$0
Mar 1993	752	18.14	—	$0
Feb 1993	610	17.90	—	$0
Jan 1993	612	16.93	—	$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.

Sep 2005 — as filed, then multipliedworked

Gas                   52 Mcf  × $ 12.08 =       $628

────────────────────────────────────────────────────
Month total                                     $628

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/71023 is the state's own key, not one this site invented.