CASE, FRED

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

Operated by THOMAS OIL AND GAS INC. (P-5 852145) in the VELREX, SW. (CANYON) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 100672District 7CField 93416200NGPA filingCondensateGasSave Export

Value, all time

$214 k

Jan 1993 – Feb 2017

Value, last 12 filed months

$850

at the published price for each month

Months reported

290

no gaps in the span

Streams

condensate, gas

The VELREX, SW. (CANYON) 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 14 leases and 14 wells, and the rule below applies to all of them.

Discovered

1965-03-11

as the register files it

Field class

Oil and gas

the register's own label

Between wells

1,320 ft

minimum

From a lease line

660 ft

minimum

A drilling unit in this field needs at least 320 acres.

The Commission's schedule remark for this field reads: “ALLOCATION FORMULA SUSPENDED 4/1/95 PER COMPLETED AOF SURVEY”

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
Condensate	Disposition	1,143 bbl	$31,334
Gas	Production	51,144 Mcf	$182,331
Total			$213,665

8,030 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 31.0135, -100.7268. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.01348, -100.72683 · 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

6,721 ft

1 wells filed one

Completion to plug

33.1 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 6,721 ft.

Completions filed

Jul 1982

1 of 1 wells

Plug dates filed

Aug 2015

1 of 1 wells

Last completion to plug: a median of 33.1 years across the 1 well that filed both dates, with the middle half between 33.1 years and 33.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-41331239	2	6,721 ft	Jul 1982	Aug 2015	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 (290)

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

290 months


Feb 2017	0	0	50.45	2.95	$0
Jan 2017	0	0	49.41	3.42	$0
Dec 2016	0	0	48.76	3.72	$0
Nov 2016	20	0	42.49	2.64	$850
Oct 2016	0	0	46.19	3.09	$0
Sep 2016	0	0	41.55	3.10	$0
Aug 2016	0	0	41.44	2.92	$0
Jul 2016	0	0	41.62	2.92	$0
Jun 2016	0	0	45.35	2.69	$0
May 2016	0	0	42.52	1.99	$0
Apr 2016	0	0	36.56	1.99	$0
Mar 2016	0	0	33.01	1.79	$0
Feb 2016	0	0	26.47	2.06	$0
Jan 2016	0	0	27.35	2.36	$0
Dec 2015	0	0	32.36	2.00	$0
Nov 2015	0	0	38.79	2.17	$0
Oct 2015	0	0	43.55	2.43	$0
Sep 2015	0	0	42.99	2.76	$0
Aug 2015	0	22	40.16	2.87	$63
Jul 2015	0	0	48.15	2.95	$0
Jun 2015	0	0	56.15	2.88	$0
May 2015	0	0	55.21	2.96	$0
Apr 2015	0	0	49.82	2.71	$0
Mar 2015	0	0	42.89	2.93	$0
Feb 2015	0	0	44.66	2.98	$0
Jan 2015	0	0	43.43	3.10	$0
Dec 2014	0	0	54.69	3.59	$0
Nov 2014	0	17	70.46	4.25	$72
Oct 2014	0	15	78.30	3.90	$59
Sep 2014	0	37	86.16	4.05	$150
Aug 2014	0	41	89.39	4.04	$165
Jul 2014	0	42	96.56	4.18	$176
Jun 2014	0	45	98.16	4.74	$213
May 2014	0	75	94.73	4.73	$354
Apr 2014	0	88	95.94	4.81	$423
Mar 2014	0	73	95.89	5.06	$369
Feb 2014	0	50	97.40	6.19	$310
Jan 2014	0	11	90.40	4.86	$53
Dec 2013	0	25	91.82	4.35	$109
Nov 2013	0	28	88.85	3.74	$105
Oct 2013	0	31	97.42	3.78	$117
Sep 2013	0	33	104.11	3.72	$123
Aug 2013	0	50	104.25	3.52	$176
Jul 2013	0	96	102.52	3.72	$357
Jun 2013	0	87	94.40	3.93	$342
May 2013	0	39	94.83	4.15	$162
Apr 2013	0	57	93.96	4.28	$244
Mar 2013	0	81	93.62	3.91	$317
Feb 2013	0	89	91.23	3.42	$304
Jan 2013	0	128	91.60	3.42	$438
Dec 2012	0	129	86.77	3.42	$441
Nov 2012	0	80	86.95	3.62	$290
Oct 2012	0	41	89.38	3.40	$139
Sep 2012	0	55	94.67	2.92	$161
Aug 2012	0	61	92.66	2.91	$177
Jul 2012	0	60	85.13	3.02	$181
Jun 2012	0	66	79.82	2.52	$166
May 2012	0	80	91.61	2.49	$199
Apr 2012	0	119	101.65	2.00	$238
Mar 2012	0	188	105.05	2.22	$418
Feb 2012	0	157	101.10	2.57	$404
Jan 2012	0	176	98.09	2.73	$481
Dec 2011	0	162	96.87	3.24	$525
Nov 2011	0	167	95.72	3.31	$553
Oct 2011	0	179	84.98	3.65	$653
Sep 2011	0	111	83.62	3.99	$442
Aug 2011	0	170	83.40	4.15	$705
Jul 2011	0	145	94.14	4.52	$655
Jun 2011	0	187	92.90	4.64	$868
May 2011	0	66	98.13	4.40	$291
Apr 2011	0	210	105.96	4.33	$910
Mar 2011	0	231	96.36	4.06	$937
Feb 2011	0	222	85.64	4.18	$928
Jan 2011	0	238	86.50	4.59	$1,092
Dec 2010	0	235	85.73	4.35	$1,022
Nov 2010	0	233	80.84	3.80	$884
Oct 2010	0	243	78.10	3.51	$853
Sep 2010	0	241	72.63	3.98	$959
Aug 2010	0	266	73.68	4.42	$1,176
Jul 2010	0	64	72.55	4.74	$303
Jun 2010	0	153	70.36	4.91	$751
May 2010	0	155	71.12	4.24	$656
Apr 2010	0	152	81.69	4.12	$627
Mar 2010	0	180	78.39	4.39	$790
Feb 2010	0	154	73.58	5.44	$838
Jan 2010	0	167	74.36	5.96	$996
Dec 2009	0	152	71.44	5.48	$834
Nov 2009	0	147	74.59	3.75	$551
Oct 2009	0	155	72.54	4.11	$637
Sep 2009	0	141	65.54	3.06	$432
Aug 2009	0	124	67.42	3.22	$399
Jul 2009	0	124	61.13	3.46	$430
Jun 2009	0	124	66.16	3.90	$483
May 2009	0	124	54.74	3.93	$487
Apr 2009	0	122	46.77	3.59	$438
Mar 2009	0	125	42.14	4.06	$507
Feb 2009	0	134	32.81	4.63	$621
Jan 2009	0	151	35.86	5.37	$811
Dec 2008	0	153	37.10	5.98	$915
Nov 2008	0	149	55.49	6.86	$1,022
Oct 2008	0	157	75.24	6.92	$1,087
Sep 2008	0	134	101.76	7.88	$1,056
Aug 2008	0	160	114.22	8.48	$1,357
Jul 2008	0	160	131.08	11.39	$1,822
Jun 2008	0	157	131.33	13.03	$2,046
May 2008	0	162	123.17	11.57	$1,875
Apr 2008	0	156	110.31	10.45	$1,631
Mar 2008	0	163	101.90	9.66	$1,575
Feb 2008	0	150	92.53	8.77	$1,316
Jan 2008	0	160	90.38	8.21	$1,313
Dec 2007	0	161	88.33	7.30	$1,176
Nov 2007	0	166	91.67	7.29	$1,210
Oct 2007	140	45	82.85	6.92	$11,910
Sep 2007	0	70	75.84	6.24	$437
Aug 2007	0	80	69.06	6.39	$511
Jul 2007	0	89	70.90	6.39	$569
Jun 2007	0	98	62.00	7.55	$740
May 2007	0	59	58.74	7.85	$463
Apr 2007	0	80	59.61	7.81	$624
Mar 2007	0	85	56.92	7.30	$621
Feb 2007	0	98	55.10	8.22	$805
Jan 2007	0	132	50.30	6.73	$888
Dec 2006	0	125	56.65	6.92	$865
Nov 2006	0	117	54.20	7.62	$891
Oct 2006	0	119	54.90	6.01	$716
Sep 2006	0	90	60.08	5.04	$453
Aug 2006	0	123	68.71	7.34	$903
Jul 2006	0	100	69.37	6.34	$634
Jun 2006	0	93	66.28	6.38	$594
May 2006	0	73	66.01	6.42	$469
Apr 2006	0	92	64.39	7.36	$677
Mar 2006	0	145	56.70	7.08	$1,027
Feb 2006	0	187	57.59	7.75	$1,449
Jan 2006	0	151	60.59	8.93	$1,349
Dec 2005	0	123	54.94	13.42	$1,650
Nov 2005	0	114	54.69	10.59	$1,207
Oct 2005	0	40	58.34	13.80	$552
Sep 2005	0	159	61.45	12.08	$1,921
Aug 2005	0	180	61.51	9.80	$1,763
Jul 2005	0	163	55.69	7.84	$1,279
Jun 2005	0	168	52.33	7.38	$1,240
May 2005	0	173	45.22	6.65	$1,151
Apr 2005	0	172	49.20	7.36	$1,266
Mar 2005	0	173	50.37	7.15	$1,238
Feb 2005	0	154	45.22	6.31	$972
Jan 2005	0	166	43.16	6.32	$1,049
Dec 2004	0	159	39.86	6.75	$1,073
Nov 2004	0	159	45.28	6.33	$1,007
Oct 2004	0	144	49.70	6.52	$938
Sep 2004	0	137	43.24	5.28	$724
Aug 2004	0	157	42.37	5.55	$871
Jul 2004	0	202	38.28	6.08	$1,229
Jun 2004	0	226	36.10	6.43	$1,454
May 2004	0	237	37.48	6.49	$1,539
Apr 2004	0	172	34.47	5.86	$1,008
Mar 2004	0	252	34.36	5.53	$1,394
Feb 2004	0	235	32.45	5.51	$1,295
Jan 2004	0	252	32.03	6.30	$1,588
Dec 2003	0	243	30.26	6.30	$1,531
Nov 2003	0	181	28.80	4.60	$832
Oct 2003	0	212	28.17	4.76	$1,009
Sep 2003	0	195	26.31	4.75	$926
Aug 2003	0	207	29.76	5.13	$1,062
Jul 2003	0	211	29.41	5.17	$1,091
Jun 2003	0	227	28.56	5.98	$1,358
May 2003	0	228	26.59	5.97	$1,362
Apr 2003	0	219	26.67	5.41	$1,184
Mar 2003	0	166	31.14	6.10	$1,012
Feb 2003	0	208	33.48	7.93	$1,649
Jan 2003	0	236	30.31	5.58	$1,317
Dec 2002	0	250	26.91	4.85	$1,213
Nov 2002	0	254	24.66	4.14	$1,051
Oct 2002	0	263	26.46	4.23	$1,112
Sep 2002	0	252	27.44	3.64	$916
Aug 2002	0	278	25.96	3.16	$880
Jul 2002	0	291	24.58	3.06	$891
Jun 2002	0	279	23.73	3.34	$931
May 2002	0	289	24.66	3.58	$1,036
Apr 2002	0	279	23.65	3.51	$980
Mar 2002	0	295	22.00	3.10	$915
Feb 2002	0	268	18.22	2.38	$637
Jan 2002	0	307	17.17	2.38	$729
Dec 2001	0	327	16.93	2.36	$773
Nov 2001	0	306	18.07	2.41	$736
Oct 2001	0	318	19.78	2.53	$804
Sep 2001	0	300	24.26	2.25	$675
Aug 2001	0	286	24.87	3.05	$873
Jul 2001	0	257	23.93	3.20	$822
Jun 2001	0	96	24.56	3.82	$367
May 2001	0	102	25.52	4.31	$439
Apr 2001	0	48	24.68	5.34	$256
Mar 2001	0	49	24.54	5.38	$263
Feb 2001	0	235	27.75	5.77	$1,355
Jan 2001	0	505	27.47	8.40	$4,241
Dec 2000	0	383	26.88	9.12	$3,494
Nov 2000	0	106	32.21	5.66	$600
Oct 2000	0	39	31.23	5.15	$201
Sep 2000	0	104	31.87	5.19	$539
Aug 2000	175	138	29.64	4.54	$5,814
Jul 2000	0	231	28.53	4.09	$945
Jun 2000	0	238	29.30	4.40	$1,047
May 2000	0	200	27.26	3.68	$736
Apr 2000	0	199	24.51	3.12	$620
Mar 2000	0	200	28.42	2.86	$572
Feb 2000	0	153	27.62	2.73	$417
Jan 2000	0	328	25.27	2.48	$814
Dec 1999	0	391	24.28	2.42	$948
Nov 1999	0	257	23.19	2.43	$626
Oct 1999	0	262	20.98	2.80	$735
Sep 1999	0	324	21.75	2.62	$849
Aug 1999	0	369	19.26	2.88	$1,061
Jul 1999	0	397	17.89	2.37	$942
Jun 1999	169	363	15.94	2.36	$3,551
May 1999	0	352	15.79	2.32	$817
Apr 1999	0	304	15.10	2.21	$671
Mar 1999	0	418	12.47	1.84	$768
Feb 1999	0	400	9.98	1.82	$727
Jan 1999	0	357	10.38	1.90	$678
Dec 1998	0	409	9.20	1.77	$725
Nov 1998	0	196	10.89	2.19	$428
Oct 1998	0	596	12.42	1.97	$1,174
Sep 1998	0	487	12.59	2.08	$1,014
Aug 1998	0	383	11.30	1.91	$731
Jul 1998	0	522	11.74	2.24	$1,168
Jun 1998	0	385	11.24	2.24	$861
May 1998	0	392	12.62	2.21	$865
Apr 1998	0	590	13.04	2.51	$1,478
Mar 1998	0	435	12.80	2.31	$1,005
Feb 1998	0	450	13.95	2.30	$1,035
Jan 1998	0	544	14.70	2.15	$1,172
Dec 1997	0	609	16.32	2.41	$1,468
Nov 1997	172	782	18.19	3.09	$5,544
Oct 1997	0	703	19.25	3.15	$2,214
Sep 1997	0	767	17.74	2.95	$2,266
Aug 1997	0	894	17.86	2.55	$2,284
Jul 1997	0	574	17.58	2.25	$1,290
Jun 1997	0	460	17.24	2.26	$1,038
May 1997	0	273	18.97	2.31	$630
Apr 1997	0	115	17.88	2.08	$240
Mar 1997	0	178	18.95	1.94	$345
Feb 1997	0	87	20.49	2.21	$192
Jan 1997	0	121	23.48	3.54	$428
Dec 1996	0	84	23.32	—	$0
Nov 1996	0	101	21.97	—	$0
Oct 1996	0	118	23.31	—	$0
Sep 1996	0	148	22.22	—	$0
Aug 1996	0	82	20.26	—	$0
Jul 1996	0	147	19.55	—	$0
Jun 1996	153	77	18.73	—	$2,866
May 1996	0	110	19.43	—	$0
Apr 1996	0	187	21.51	—	$0
Mar 1996	0	98	19.38	—	$0
Feb 1996	0	216	16.98	—	$0
Jan 1996	0	272	17.07	—	$0
Dec 1995	0	107	17.19	—	$0
Nov 1995	0	191	16.00	—	$0
Oct 1995	0	160	15.43	—	$0
Sep 1995	0	127	16.18	—	$0
Aug 1995	0	197	15.92	—	$0
Jul 1995	0	233	15.24	—	$0
Jun 1995	0	115	16.41	—	$0
May 1995	0	172	17.56	—	$0
Apr 1995	0	160	17.73	—	$0
Mar 1995	0	226	16.44	—	$0
Feb 1995	0	300	16.58	—	$0
Jan 1995	0	178	15.92	—	$0
Dec 1994	149	199	15.03	—	$2,239
Nov 1994	0	218	15.90	—	$0
Oct 1994	0	215	15.58	—	$0
Sep 1994	0	220	15.29	—	$0
Aug 1994	0	134	16.13	—	$0
Jul 1994	0	165	17.56	—	$0
Jun 1994	0	170	17.09	—	$0
May 1994	0	240	15.88	—	$0
Apr 1994	0	235	14.14	—	$0
Mar 1994	0	259	12.46	—	$0
Feb 1994	0	146	12.50	—	$0
Jan 1994	0	235	12.66	—	$0
Dec 1993	0	225	12.33	—	$0
Nov 1993	0	95	14.49	—	$0
Oct 1993	0	22	15.85	—	$0
Sep 1993	0	162	15.03	—	$0
Aug 1993	0	114	15.66	—	$0
Jul 1993	0	135	15.46	—	$0
Jun 1993	165	128	16.79	—	$2,770
May 1993	0	133	17.68	—	$0
Apr 1993	0	178	18.05	—	$0
Mar 1993	0	203	18.14	—	$0
Feb 1993	0	137	17.90	—	$0
Jan 1993	0	256	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.

Nov 2016 — as filed, then multipliedworked

Condensate            20 bbl  × $ 42.49 =       $850
Gas                    0 Mcf  × $  2.64 =         $0

────────────────────────────────────────────────────
Month total                                     $850

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. 7C/G/100672 is the state's own key, not one this site invented.