WORTH RANCH

Operated by TRACER OPERATING, INC. (P-5 863965) 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 99944District 7BField 68707333NGPA filingGasSaveExport
Value, all time
$252 k
Jan 1993 – May 2012
Value, last 12 filed months
$0
at the published price for each month
Months reported
233
no gaps in the span
Streams
1
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 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

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
GasProduction70,445 Mcf$251,709
Total$251,709

17,402 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 32.8170, -98.3333. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.81696, -98.33327 · 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
3,000 ft
1 wells filed one
Completion to plug
30.4 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 3,000 ft.

Completions filed
Dec 1981
1 of 1 wells
Plug dates filed
May 2012
1 of 1 wells

Last completion to plug: a median of 30.4 years across the 1 well that filed both dates, with the middle half between 30.4 years and 30.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3633280013,000 ftDec 1981May 2012Yes

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 (233)

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

233 months

May 2012091.612.49$0
Apr 20120101.652.00$0
Mar 20120105.052.22$0
Feb 20120101.102.57$0
Jan 2012098.092.73$0
Dec 2011096.873.24$0
Nov 2011095.723.31$0
Oct 2011084.983.65$0
Sep 2011083.623.99$0
Aug 2011083.404.15$0
Jul 2011094.144.52$0
Jun 2011092.904.64$0
May 2011098.134.40$0
Apr 2011197105.964.33$854
Mar 201125296.364.06$1,022
Feb 201125285.644.18$1,053
Jan 201123186.504.59$1,060
Dec 201023185.734.35$1,004
Nov 201023280.843.80$881
Oct 201023278.103.51$814
Sep 201023272.633.98$923
Aug 201022573.684.42$994
Jul 201030072.554.74$1,421
Jun 201017570.364.91$859
May 201012471.124.24$525
Apr 201012481.694.12$511
Mar 201011778.394.39$513
Feb 201012073.585.44$653
Jan 201015074.365.96$895
Dec 200910171.445.48$554
Nov 200912974.593.75$484
Oct 200914672.544.11$600
Sep 200925665.543.06$785
Aug 200936667.423.22$1,178
Jul 200931561.133.46$1,091
Jun 200929266.163.90$1,137
May 200927054.743.93$1,060
Apr 200917746.773.59$635
Mar 200918542.144.06$751
Feb 200917432.814.63$806
Jan 200914535.865.37$779
Dec 200813737.105.98$819
Nov 200816855.496.86$1,153
Oct 200820975.246.92$1,447
Sep 2008282101.767.88$2,221
Aug 2008249114.228.48$2,112
Jul 2008183131.0811.39$2,084
Jun 2008185131.3313.03$2,411
May 2008219123.1711.57$2,535
Apr 2008161110.3110.45$1,683
Mar 2008161101.909.66$1,556
Feb 200816092.538.77$1,403
Jan 200823390.388.21$1,912
Dec 200723088.337.30$1,679
Nov 200718791.677.29$1,364
Oct 200721082.856.92$1,454
Sep 200721175.846.24$1,318
Aug 200720769.066.39$1,322
Jul 200721370.906.39$1,361
Jun 200718362.007.55$1,381
May 200720558.747.85$1,608
Apr 200721459.617.81$1,670
Mar 200726056.927.30$1,899
Feb 200718155.108.22$1,487
Jan 200715350.306.73$1,029
Dec 200630156.656.92$2,082
Nov 200623954.207.62$1,821
Oct 200625254.906.01$1,515
Sep 200617560.085.04$882
Aug 200620368.717.34$1,490
Jul 200613969.376.34$882
Jun 20066766.286.38$428
May 200612966.016.42$829
Apr 200618364.397.36$1,347
Mar 200619456.707.08$1,374
Feb 200619657.597.75$1,519
Jan 200625960.598.93$2,314
Dec 200527254.9413.42$3,649
Nov 200531954.6910.59$3,378
Oct 200538558.3413.80$5,311
Sep 200536361.4512.08$4,385
Aug 200531561.519.80$3,086
Jul 200546355.697.84$3,632
Jun 200540652.337.38$2,997
May 200553845.226.65$3,578
Apr 200562249.207.36$4,578
Mar 200555550.377.15$3,971
Feb 200553345.226.31$3,364
Jan 200555743.166.32$3,521
Dec 200458639.866.75$3,956
Nov 200454945.286.33$3,475
Oct 200460449.706.52$3,935
Sep 200456143.245.28$2,964
Aug 200425142.375.55$1,393
Jul 200424838.286.08$1,509
Jun 200423936.106.43$1,537
May 200426037.486.49$1,689
Apr 200426734.475.86$1,564
Mar 200422334.365.53$1,233
Feb 200424432.455.51$1,344
Jan 200414432.036.30$907
Dec 200317530.266.30$1,103
Nov 200319128.804.60$878
Oct 200317528.174.76$833
Sep 200315226.314.75$722
Aug 200318029.765.13$923
Jul 200320029.415.17$1,034
Jun 200321428.565.98$1,280
May 200318126.595.97$1,081
Apr 200317026.675.41$919
Mar 200319331.146.10$1,177
Feb 200323033.487.93$1,823
Jan 200319730.315.58$1,100
Dec 200228826.914.85$1,398
Nov 200224624.664.14$1,018
Oct 200222226.464.23$939
Sep 200224027.443.64$872
Aug 200221625.963.16$683
Jul 200223624.583.06$723
Jun 200219423.733.34$648
May 200230824.663.58$1,104
Apr 200233823.653.51$1,187
Mar 200234622.003.10$1,074
Feb 200227118.222.38$644
Jan 200236717.172.38$872
Dec 200136016.932.36$851
Nov 200133118.072.41$796
Oct 200135119.782.53$888
Sep 200138024.262.25$856
Aug 200137924.873.05$1,157
Jul 200138423.933.20$1,228
Jun 200138824.563.82$1,484
May 200137225.524.31$1,602
Apr 200138024.685.34$2,027
Mar 200142524.545.38$2,285
Feb 200139027.755.77$2,249
Jan 200138927.478.40$3,267
Dec 200045526.889.12$4,151
Nov 200044332.215.66$2,506
Oct 200046731.235.15$2,403
Sep 200031531.875.19$1,634
Aug 200036529.644.54$1,657
Jul 200038728.534.09$1,583
Jun 200038529.304.40$1,693
May 200040927.263.68$1,505
Apr 200040124.513.12$1,250
Mar 200040828.422.86$1,167
Feb 200032127.622.73$875
Jan 200036525.272.48$905
Dec 199942224.282.42$1,023
Nov 199938023.192.43$925
Oct 199935120.982.80$984
Sep 199932921.752.62$862
Aug 199935519.262.88$1,021
Jul 199937817.892.37$897
Jun 199938815.942.36$916
May 199939815.792.32$924
Apr 199941115.102.21$908
Mar 199943712.471.84$803
Feb 19993989.981.82$723
Jan 199949710.381.90$944
Dec 19984269.201.77$755
Nov 199842710.892.19$933
Oct 199844812.421.97$882
Sep 199845912.592.08$956
Aug 199849511.301.91$944
Jul 199846811.742.24$1,047
Jun 199849011.242.24$1,096
May 199851112.622.21$1,127
Apr 199842913.042.51$1,075
Mar 199847912.802.31$1,106
Feb 199847613.952.30$1,094
Jan 199852114.702.15$1,123
Dec 199755216.322.41$1,331
Nov 199754718.193.09$1,689
Oct 199756719.253.15$1,786
Sep 199762717.742.95$1,853
Aug 199766717.862.55$1,704
Jul 199738317.582.25$861
Jun 199737717.242.26$851
May 199744018.972.31$1,016
Apr 199732117.882.08$669
Mar 199729318.951.94$568
Feb 199737120.492.21$818
Jan 199735323.483.54$1,250
Dec 199636123.32$0
Nov 199638121.97$0
Oct 199641423.31$0
Sep 199639722.22$0
Aug 199643820.26$0
Jul 199642019.55$0
Jun 199637018.73$0
May 199641019.43$0
Apr 199644421.51$0
Mar 199643319.38$0
Feb 199642216.98$0
Jan 199645717.07$0
Dec 199547017.19$0
Nov 199542816.00$0
Oct 199544515.43$0
Sep 199555716.18$0
Aug 199545915.92$0
Jul 199538515.24$0
Jun 199536016.41$0
May 199549217.56$0
Apr 199531717.73$0
Mar 199531016.44$0
Feb 199530816.58$0
Jan 199534515.92$0
Dec 199432215.03$0
Nov 199424715.90$0
Oct 199432815.58$0
Sep 199429515.29$0
Aug 199428216.13$0
Jul 199432917.56$0
Jun 199434817.09$0
May 199431415.88$0
Apr 199427014.14$0
Mar 199434012.46$0
Feb 199431912.50$0
Jan 199443512.66$0
Dec 199342512.33$0
Nov 199332014.49$0
Oct 199345515.85$0
Sep 199346115.03$0
Aug 199348215.66$0
Jul 199346315.46$0
Jun 199330216.79$0
May 199327817.68$0
Apr 199316018.05$0
Mar 199315518.14$0
Feb 199310317.90$0
Jan 199314616.93$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.

Apr 2011 — as filed, then multipliedworked
Gas                  197 Mcf  × $  4.33 =       $854

────────────────────────────────────────────────────
Month total                                     $854

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/99944 is the state's own key, not one this site invented.