RICHARDSON

Operated by DYNAMIC PRODUCTION, INC. (P-5 237926) in the BRAD (BASIL CONGL.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 98345District 7BField 11190230NGPA filingCondensateGasSaveExport
Value, all time
$738 k
Jan 1993 – Oct 2015
Value, last 12 filed months
$10 k
at the published price for each month
Months reported
274
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 2 leases and 2 wells, and the rule below applies to all of them.

Discovered
1982-01-31
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.11-1-82 PER AMENDMENT TO SWR 28 & 29

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
CondensateDisposition357 bbl$11,196
GasProduction238,847 Mcf$727,188
Total$738,384

73,009 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 32.7579, -98.4753. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.75788, -98.47525 · 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
4,660 ft
1 wells filed one
Completion to plug
33.5 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 4,660 ft.

Completions filed
Jan 1982
1 of 1 wells
Plug dates filed
Jul 2015
1 of 1 wells

Last completion to plug: a median of 33.5 years across the 1 well that filed both dates, with the middle half between 33.5 years and 33.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-363327261 L4,660 ftJan 1982Jul 2015Yes

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 (274)

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

274 months

Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 201583040.162.87$3,333
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 2015045149.822.71$1,221
Mar 2015024442.892.93$716
Feb 2015031244.662.98$929
Jan 2015032943.433.10$1,020
Dec 2014035254.693.59$1,264
Nov 2014028070.464.25$1,191
Oct 2014060878.303.90$2,372
Sep 2014059086.164.05$2,387
Aug 2014049589.394.04$1,997
Jul 2014026796.564.18$1,116
Jun 2014047198.164.74$2,231
May 2014053494.734.73$2,524
Apr 2014046895.944.81$2,251
Mar 2014047195.895.06$2,382
Feb 2014031197.406.19$1,926
Jan 2014039590.404.86$1,920
Dec 2013025691.824.35$1,115
Nov 2013040988.853.74$1,529
Oct 2013058997.423.78$2,226
Sep 20130537104.113.72$1,996
Aug 20130576104.253.52$2,029
Jul 20130404102.523.72$1,502
Jun 2013048194.403.93$1,892
May 2013028894.834.15$1,195
Apr 2013045593.964.28$1,949
Mar 2013052993.623.91$2,070
Feb 2013052991.233.42$1,809
Jan 2013051491.603.42$1,758
Dec 2012053986.773.42$1,843
Nov 2012053186.953.62$1,925
Oct 2012057189.383.40$1,941
Sep 2012055294.672.92$1,611
Aug 2012064392.662.91$1,870
Jul 2012059085.133.02$1,782
Jun 2012061979.822.52$1,559
May 2012061791.612.49$1,535
Apr 20120638101.652.00$1,274
Mar 20120524105.052.22$1,164
Feb 20120451101.102.57$1,159
Jan 2012043598.092.73$1,189
Dec 2011036396.873.24$1,176
Nov 2011047395.723.31$1,566
Oct 2011054884.983.65$1,999
Sep 2011055383.623.99$2,204
Aug 2011066083.404.15$2,739
Jul 2011053294.144.52$2,403
Jun 2011057292.904.64$2,654
May 2011059898.134.40$2,634
Apr 20110358105.964.33$1,551
Mar 2011052896.364.06$2,142
Feb 2011042485.644.18$1,772
Jan 2011040886.504.59$1,872
Dec 2010041285.734.35$1,791
Nov 2010038880.843.80$1,473
Oct 2010026978.103.51$944
Sep 2010058772.633.98$2,336
Aug 2010050873.684.42$2,245
Jul 2010052572.554.74$2,487
Jun 2010051470.364.91$2,524
May 2010059971.124.24$2,537
Apr 2010052681.694.12$2,169
Mar 2010063578.394.39$2,787
Feb 2010038373.585.44$2,084
Jan 2010049774.365.96$2,964
Dec 2009041971.445.48$2,298
Nov 2009055074.593.75$2,063
Oct 2009043872.544.11$1,800
Sep 2009049265.543.06$1,508
Aug 2009051267.423.22$1,648
Jul 2009049061.133.46$1,698
Jun 2009037166.163.90$1,445
May 2009030754.743.93$1,205
Apr 2009041446.773.59$1,485
Mar 2009023842.144.06$966
Feb 2009039632.814.63$1,835
Jan 2009054935.865.37$2,949
Dec 2008032937.105.98$1,966
Nov 2008050155.496.86$3,437
Oct 2008045475.246.92$3,143
Sep 20080592101.767.88$4,663
Aug 20080635114.228.48$5,387
Jul 20080378131.0811.39$4,305
Jun 20080503131.3313.03$6,555
May 20080654123.1711.57$7,570
Apr 20080574110.3110.45$6,001
Mar 20080540101.909.66$5,219
Feb 2008044092.538.77$3,859
Jan 2008066990.388.21$5,490
Dec 2007026588.337.30$1,935
Nov 2007031291.677.29$2,275
Oct 2007060982.856.92$4,215
Sep 2007068175.846.24$4,252
Aug 2007066269.066.39$4,229
Jul 2007063170.906.39$4,031
Jun 2007064862.007.55$4,891
May 2007073358.747.85$5,751
Apr 2007054559.617.81$4,254
Mar 2007071156.927.30$5,192
Feb 2007049355.108.22$4,050
Jan 2007042650.306.73$2,866
Dec 2006012156.656.92$837
Nov 2006068254.207.62$5,195
Oct 2006054454.906.01$3,272
Sep 2006061060.085.04$3,073
Aug 2006074068.717.34$5,432
Jul 2006081269.376.34$5,150
Jun 2006071966.286.38$4,590
May 2006081166.016.42$5,211
Apr 2006069664.397.36$5,123
Mar 2006058156.707.08$4,115
Feb 2006037357.597.75$2,891
Jan 2006062260.598.93$5,557
Dec 2005027954.9413.42$3,743
Nov 2005038554.6910.59$4,077
Oct 2005054958.3413.80$7,574
Sep 2005063861.4512.08$7,706
Aug 2005074461.519.80$7,289
Jul 2005079555.697.84$6,236
Jun 2005081352.337.38$6,001
May 2005093345.226.65$6,206
Apr 2005076349.207.36$5,616
Mar 2005048450.377.15$3,463
Feb 2005068145.226.31$4,298
Jan 2005078043.166.32$4,931
Dec 2004053239.866.75$3,592
Nov 2004075645.286.33$4,786
Oct 2004065749.706.52$4,280
Sep 2004083243.245.28$4,396
Aug 2004085242.375.55$4,729
Jul 200405138.286.08$310
Jun 2004082836.106.43$5,327
May 2004088637.486.49$5,754
Apr 2004087934.475.86$5,150
Mar 200411991034.365.53$9,121
Feb 2004075032.455.51$4,132
Jan 2004077832.036.30$4,901
Dec 2003081330.266.30$5,123
Nov 2003087728.804.60$4,030
Oct 2003082328.174.76$3,917
Sep 200301,02326.314.75$4,859
Aug 200301,16929.765.13$5,997
Jul 200301,16429.415.17$6,019
Jun 200301,30328.565.98$7,796
May 200301,36626.595.97$8,159
Apr 200301,12326.675.41$6,072
Mar 200301,17431.146.10$7,157
Feb 20032593133.487.93$8,216
Jan 200301,17930.315.58$6,581
Dec 200201,04226.914.85$5,058
Nov 200201,33724.664.14$5,531
Oct 200201,61926.464.23$6,847
Sep 200201,60527.443.64$5,835
Aug 200201,77925.963.16$5,629
Jul 200201,32524.583.06$4,057
Jun 200201,28523.733.34$4,290
May 200201,22424.663.58$4,387
Apr 200201,16123.653.51$4,078
Mar 20021181,02222.003.10$5,767
Feb 2002095218.222.38$2,262
Jan 2002097517.172.38$2,316
Dec 2001072416.932.36$1,712
Nov 2001073918.072.41$1,778
Oct 200101,12219.782.53$2,837
Sep 200101,10824.262.25$2,494
Aug 200101,14924.873.05$3,508
Jul 200101,15923.933.20$3,705
Jun 200101,10624.563.82$4,230
May 2001043425.524.31$1,869
Apr 2001036724.685.34$1,958
Mar 2001070024.545.38$3,764
Feb 2001041827.755.77$2,411
Jan 2001091127.478.40$7,651
Dec 2000057026.889.12$5,200
Nov 2000033732.215.66$1,907
Oct 200001,21331.235.15$6,241
Sep 2000055731.875.19$2,889
Aug 2000097129.644.54$4,409
Jul 2000091428.534.09$3,738
Jun 2000097729.304.40$4,296
May 2000065127.263.68$2,396
Apr 2000085324.513.12$2,658
Mar 2000121,13428.422.86$3,584
Feb 200001,00727.622.73$2,746
Jan 2000077325.272.48$1,917
Dec 1999055024.282.42$1,333
Nov 1999099623.192.43$2,424
Oct 199901,04020.982.80$2,916
Sep 199901,19021.752.62$3,116
Aug 199901,46219.262.88$4,204
Jul 199901,41417.892.37$3,355
Jun 199901,35315.942.36$3,196
May 199901,03515.792.32$2,402
Apr 1999078815.102.21$1,740
Mar 1999058612.471.84$1,077
Feb 199901,1569.981.82$2,101
Jan 199901,04510.381.90$1,985
Dec 199808639.201.77$1,530
Nov 199801,15510.892.19$2,525
Oct 199801,00812.421.97$1,985
Sep 199801,36512.592.08$2,843
Aug 199801,36411.301.91$2,602
Jul 1998062511.742.24$1,398
Jun 199801,06911.242.24$2,392
May 199801,43712.622.21$3,171
Apr 199801,21713.042.51$3,049
Mar 199801,28912.802.31$2,977
Feb 199801,26313.952.30$2,904
Jan 199801,54014.702.15$3,318
Dec 199701,50816.322.41$3,636
Nov 199701,17618.193.09$3,632
Oct 199701,56019.253.15$4,914
Sep 199701,69417.742.95$5,006
Aug 199701,75817.862.55$4,491
Jul 199701,74417.582.25$3,919
Jun 199701,60417.242.26$3,621
May 199701,64718.972.31$3,802
Apr 199701,57617.882.08$3,282
Mar 199701,57918.951.94$3,062
Feb 199701,28120.492.21$2,826
Jan 1997099423.483.54$3,518
Dec 199601,45223.32$0
Nov 199601,26521.97$0
Oct 199601,32023.31$0
Sep 199601,43022.22$0
Aug 199601,52320.26$0
Jul 199601,78819.55$0
Jun 199601,71018.73$0
May 199601,76719.43$0
Apr 199601,46521.51$0
Mar 199601,75819.38$0
Feb 199601,10016.98$0
Jan 199601,11517.07$0
Dec 199501,19817.19$0
Nov 199501,18716.00$0
Oct 199501,76615.43$0
Sep 199501,64516.18$0
Aug 199501,48415.92$0
Jul 199502,04115.24$0
Jun 199501,97116.41$0
May 199502,18917.56$0
Apr 199501,91817.73$0
Mar 199501,47216.44$0
Feb 199501,67416.58$0
Jan 199501,89315.92$0
Dec 199401,57515.03$0
Nov 199401,85715.90$0
Oct 199401,28615.58$0
Sep 199402,05915.29$0
Aug 199402,06316.13$0
Jul 199401,87517.56$0
Jun 199401,76117.09$0
May 199401,58115.88$0
Apr 199401,78114.14$0
Mar 199402,21512.46$0
Feb 199401,69312.50$0
Jan 199401,68512.66$0
Dec 199301,57312.33$0
Nov 199301,00614.49$0
Oct 199301,24515.85$0
Sep 1993079915.03$0
Aug 199301,79415.66$0
Jul 199301,07915.46$0
Jun 1993078216.79$0
May 199301,09017.68$0
Apr 199301,02818.05$0
Mar 199301,04118.14$0
Feb 199301,22117.90$0
Jan 1993078916.93$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.

Aug 2015 — as filed, then multipliedworked
Condensate            83 bbl  × $ 40.16 =     $3,333
Gas                    0 Mcf  × $  2.87 =         $0

────────────────────────────────────────────────────
Month total                                   $3,333

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/98345 is the state's own key, not one this site invented.