VALLIANT

Operated by SMITH PIPE OF ABILENE (P-5 794745) in the SAWYER (CANYON) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 116902District 7CField 81267333CondensateGasSaveExport
Value, all time
$473 k
Jan 1993 – Dec 2007
Value, last 12 filed months
$3 k
at the published price for each month
Months reported
180
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 6,629 leases and 6,629 wells, and the rule below applies to all of them.

Discovered
1967-07-01
as the register files it
Field class
Gas
the register's own label
Between wells
1,000 ft
minimum
From a lease line
500 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2003-06-24.

The Commission's schedule remark for this field reads: FIELD PER ORDER 7C-0234582 6/2403

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
CondensateDisposition10 bbl$412
GasProduction155,595 Mcf$472,800
Total$473,212

56,327 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 30.5188, -100.8692. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.51880, -100.86920 · 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
8,575 ft
1 wells filed one
Completion to plug
22.6 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 8,575 ft.

Completions filed
May 1985
1 of 1 wells
Plug dates filed
Dec 2007
1 of 1 wells

Last completion to plug: a median of 22.6 years across the 1 well that filed both dates, with the middle half between 22.6 years and 22.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4353253328,575 ftMay 1985Dec 2007Yes

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 (180)

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

180 months

Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20071059.617.81$60
Mar 20070056.927.30$0
Feb 200707355.108.22$600
Jan 2007032650.306.73$2,193
Dec 2006031856.656.92$2,200
Nov 2006043654.207.62$3,321
Oct 2006060754.906.01$3,650
Sep 2006064660.085.04$3,254
Aug 2006071468.717.34$5,241
Jul 2006070069.376.34$4,440
Jun 2006071466.286.38$4,558
May 2006272366.016.42$4,777
Apr 2006069864.397.36$5,138
Mar 2006070756.707.08$5,008
Feb 2006065257.597.75$5,054
Jan 2006080660.598.93$7,200
Dec 2005082654.9413.42$11,081
Nov 2005077754.6910.59$8,227
Oct 2005084758.3413.80$11,685
Sep 2005083761.4512.08$10,110
Aug 2005083861.519.80$8,210
Jul 2005084555.697.84$6,628
Jun 2005082752.337.38$6,104
May 2005094545.226.65$6,285
Apr 2005185049.207.36$6,306
Mar 2005088450.377.15$6,325
Feb 2005084545.226.31$5,334
Jan 2005094843.166.32$5,993
Dec 2004095739.866.75$6,461
Nov 2004086745.286.33$5,488
Oct 2004089649.706.52$5,838
Sep 2004083443.245.28$4,407
Aug 2004085742.375.55$4,757
Jul 2004060338.286.08$3,669
Jun 2004074036.106.43$4,760
May 2004076837.486.49$4,988
Apr 2004082034.475.86$4,804
Mar 2004077134.365.53$4,264
Feb 2004069132.455.51$3,807
Jan 2004086232.036.30$5,430
Dec 200301,11430.266.30$7,020
Nov 200301,08828.804.60$5,000
Oct 200301,09428.174.76$5,207
Sep 200301,65826.314.75$7,874
Aug 2003067929.765.13$3,483
Jul 2003075329.415.17$3,894
Jun 2003089928.565.98$5,379
May 2003390126.595.97$5,461
Apr 2003086426.675.41$4,672
Mar 2003056831.146.10$3,463
Feb 2003060033.487.93$4,756
Jan 2003062130.315.58$3,466
Dec 2002068426.914.85$3,320
Nov 2002083824.664.14$3,467
Oct 2002073926.464.23$3,125
Sep 2002092627.443.64$3,366
Aug 2002086125.963.16$2,724
Jul 2002081224.583.06$2,486
Jun 2002077523.733.34$2,587
May 2002082024.663.58$2,939
Apr 2002072023.653.51$2,529
Mar 2002082222.003.10$2,550
Feb 2002082518.222.38$1,960
Jan 2002091817.172.38$2,181
Dec 2001093816.932.36$2,218
Nov 2001080018.072.41$1,924
Oct 2001082519.782.53$2,086
Sep 200101,04424.262.25$2,350
Aug 20010024.873.05$0
Jul 2001092323.933.20$2,951
Jun 2001099424.563.82$3,801
May 2001088825.524.31$3,825
Apr 2001091124.685.34$4,860
Mar 200101,08324.545.38$5,823
Feb 200101,02427.755.77$5,905
Jan 200101,03427.478.40$8,684
Dec 200001,28226.889.12$11,695
Nov 200001,99832.215.66$11,305
Oct 200002,03531.235.15$10,471
Sep 200011,20231.875.19$6,266
Aug 200021,21729.644.54$5,585
Jul 2000079028.534.09$3,231
Jun 2000077229.304.40$3,395
May 2000081727.263.68$3,006
Apr 2000070424.513.12$2,194
Mar 2000075828.422.86$2,168
Feb 2000084727.622.73$2,309
Jan 2000078825.272.48$1,955
Dec 1999083324.282.42$2,019
Nov 1999093223.192.43$2,268
Oct 1999094520.982.80$2,650
Sep 19990021.752.62$0
Aug 1999088119.262.88$2,533
Jul 1999075117.892.37$1,782
Jun 1999075515.942.36$1,783
May 1999091315.792.32$2,119
Apr 1999076515.102.21$1,689
Mar 1999063912.471.84$1,175
Feb 199906239.981.82$1,132
Jan 1999048310.381.90$918
Dec 199803299.201.77$583
Nov 1998033310.892.19$728
Oct 1998071312.421.97$1,404
Sep 1998061712.592.08$1,285
Aug 1998069211.301.91$1,320
Jul 1998071211.742.24$1,593
Jun 1998063811.242.24$1,427
May 1998067412.622.21$1,487
Apr 1998076413.042.51$1,914
Mar 1998083412.802.31$1,926
Feb 19980013.952.30$0
Jan 199801,03514.702.15$2,230
Dec 1997089916.322.41$2,168
Nov 199701,13518.193.09$3,505
Oct 199701,00619.253.15$3,169
Sep 1997091117.742.95$2,692
Aug 1997081717.862.55$2,087
Jul 199701,08517.582.25$2,438
Jun 199701,08817.242.26$2,456
May 199701,01118.972.31$2,334
Apr 1997092317.882.08$1,922
Mar 199701,23018.951.94$2,385
Feb 19970020.492.21$0
Jan 1997099423.483.54$3,518
Dec 1996072323.32$0
Nov 1996087821.97$0
Oct 1996096623.31$0
Sep 199601,01822.22$0
Aug 199601,27120.26$0
Jul 199601,21119.55$0
Jun 199601,22518.73$0
May 199601,28919.43$0
Apr 199601,39521.51$0
Mar 199601,36819.38$0
Feb 1996088516.98$0
Jan 199601,51817.07$0
Dec 199501,43217.19$0
Nov 199501,20116.00$0
Oct 199501,27915.43$0
Sep 199501,38916.18$0
Aug 199501,30915.92$0
Jul 199501,20915.24$0
Jun 199501,27816.41$0
May 199501,36017.56$0
Apr 199501,48317.73$0
Mar 199501,49816.44$0
Feb 199501,43116.58$0
Jan 199501,64615.92$0
Dec 199401,62015.03$0
Nov 199406315.90$0
Oct 199409615.58$0
Sep 19940215.29$0
Aug 1994020516.13$0
Jul 199401,43917.56$0
Jun 199401,26617.09$0
May 199401,41815.88$0
Apr 199401,35514.14$0
Mar 199401,33612.46$0
Feb 199401,11512.50$0
Jan 199401,33112.66$0
Dec 199301,33012.33$0
Nov 199301,35614.49$0
Oct 199301,74715.85$0
Sep 199301,64715.03$0
Aug 199301,47115.66$0
Jul 199301,37415.46$0
Jun 199301,30716.79$0
May 199301,05517.68$0
Apr 199301,11918.05$0
Mar 1993083918.14$0
Feb 1993059117.90$0
Jan 1993098316.93$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 2007 — as filed, then multipliedworked
Condensate             1 bbl  × $ 59.61 =        $60
Gas                    0 Mcf  × $  7.81 =         $0

────────────────────────────────────────────────────
Month total                                      $60

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/116902 is the state's own key, not one this site invented.