CAIN, M. B.

Operated by CYCLONE EXPLORATION, INC. (P-5 195844) 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 119437District 7CField 81267333NGPA filingCondensateGasSaveExport
Value, all time
$8 k
Jan 1993 – Apr 2000
Value, last 12 filed months
$2 k
at the published price for each month
Months reported
88
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

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
CondensateDisposition12 bbl$183
GasProduction11,874 Mcf$8,003
Total$8,187

8,360 Mcf of this lease's gas, across 46 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 30.5611, -100.5453. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.56111, -100.54526 · 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
5,317 ft
1 wells filed one
Completion to plug
14.4 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 5,317 ft.

Completions filed
Nov 1985
1 of 1 wells
Plug dates filed
Apr 2000
1 of 1 wells

Last completion to plug: a median of 14.4 years across the 1 well that filed both dates, with the middle half between 14.4 years and 14.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-435332782085,317 ftNov 1985Apr 2000Yes

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 (88)

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

88 months

Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 2000011727.622.73$319
Jan 200009025.272.48$223
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 199904520.982.80$126
Sep 199904021.752.62$105
Aug 199903119.262.88$89
Jul 199904017.892.37$95
Jun 1999011015.942.36$260
May 1999012715.792.32$295
Apr 1999010815.102.21$238
Mar 1999014512.471.84$267
Feb 199901119.981.82$202
Jan 1999011310.381.90$215
Dec 199801019.201.77$179
Nov 1998010010.892.19$219
Oct 1998010912.421.97$215
Sep 1998012612.592.08$262
Aug 1998012911.301.91$246
Jul 199807511.742.24$168
Jun 1998013011.242.24$291
May 1998011112.622.21$245
Apr 1998012513.042.51$313
Mar 1998018212.802.31$420
Feb 199806013.952.30$138
Jan 199807614.702.15$164
Dec 199708616.322.41$207
Nov 199708018.193.09$247
Oct 199707719.253.15$243
Sep 199709017.742.95$266
Aug 199708517.862.55$217
Jul 1997011817.582.25$265
Jun 199709617.242.26$217
May 1997011618.972.31$268
Apr 1997012817.882.08$267
Mar 1997014218.951.94$275
Feb 199707320.492.21$161
Jan 199702223.483.54$78
Dec 199607623.32$0
Nov 199607521.97$0
Oct 199606123.31$0
Sep 199606122.22$0
Aug 199607420.26$0
Jul 199606619.55$0
Jun 199608018.73$0
May 199609419.43$0
Apr 199608021.51$0
Mar 199605919.38$0
Feb 199607716.98$0
Jan 199607317.07$0
Dec 199505717.19$0
Nov 199506316.00$0
Oct 1995010215.43$0
Sep 199508616.18$0
Aug 1995114115.92$16
Jul 1995021815.24$0
Jun 1995040716.41$0
May 1995050017.56$0
Apr 199537517.73$53
Mar 1995015816.44$0
Feb 1995012616.58$0
Jan 1995013515.92$0
Dec 1994016315.03$0
Nov 1994014615.90$0
Oct 1994014015.58$0
Sep 1994014615.29$0
Aug 1994010516.13$0
Jul 1994015917.56$0
Jun 1994015817.09$0
May 19940015.88$0
Apr 1994115814.14$14
Mar 19940012.46$0
Feb 1994016812.50$0
Jan 1994138212.66$13
Dec 1993342312.33$37
Nov 1993133114.49$14
Oct 1993022115.85$0
Sep 1993020515.03$0
Aug 1993034815.66$0
Jul 1993031615.46$0
Jun 1993022116.79$0
May 1993034717.68$0
Apr 1993234118.05$36
Mar 1993027918.14$0
Feb 1993038317.90$0
Jan 1993027616.93$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.

Feb 2000 — as filed, then multipliedworked
Condensate             0 bbl  × $ 27.62 =         $0
Gas                  117 Mcf  × $  2.73 =       $319

────────────────────────────────────────────────────
Month total                                     $319

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/119437 is the state's own key, not one this site invented.