TWEEDY

Operated by VERDAD OIL & GAS CORPORATION (P-5 884572) in the DOVE CREEK (CISCO) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 134450District 7CField 25930568NGPA filingCondensateGasSaveExport
Value, all time
$1.1 M
Jan 1993 – Jul 2017
Value, last 12 filed months
$2 k
at the published price for each month
Months reported
295
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 41 leases and 44 wells, and the rule below applies to all of them.

Discovered
1965-07-10
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 40 acres. The field rule took effect on 1984-09-01.

The Commission's schedule remark for this field reads: OPTIONAL 40 ACRE UNITS/DIAG 2100'

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
CondensateDisposition118 bbl$6,216
GasProduction318,529 Mcf$1,116,290
Total$1,122,505

85,472 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 31.2516, -100.6747. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.25161, -100.67468 · 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
6,025 ft
1 wells filed one
Completion to plug
26.8 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 6,025 ft.

Completions filed
May 1990
1 of 1 wells
Plug dates filed
Mar 2017
1 of 1 wells

Last completion to plug: a median of 26.8 years across the 1 well that filed both dates, with the middle half between 26.8 years and 26.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4513200956,025 ftMay 1990Mar 2017Yes

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 (295)

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

295 months

Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 201739045.373.26$1,769
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 2015026644.662.98$792
Jan 2015068443.433.10$2,121
Dec 2014073154.693.59$2,625
Nov 2014067970.464.25$2,887
Oct 2014073278.303.90$2,856
Sep 2014065586.164.05$2,650
Aug 2014069089.394.04$2,784
Jul 2014071696.564.18$2,993
Jun 2014069198.164.74$3,273
May 2014070294.734.73$3,318
Apr 2014171795.944.81$3,544
Mar 2014074095.895.06$3,742
Feb 2014063497.406.19$3,926
Jan 2014071890.404.86$3,490
Dec 2013075591.824.35$3,288
Nov 2013069088.853.74$2,579
Oct 2013071897.423.78$2,714
Sep 20130721104.113.72$2,680
Aug 20130859104.253.52$3,026
Jul 20130597102.523.72$2,219
Jun 2013062794.403.93$2,466
May 2013072194.834.15$2,991
Apr 2013069493.964.28$2,972
Mar 2013072193.623.91$2,821
Feb 2013066391.233.42$2,267
Jan 2013073791.603.42$2,520
Dec 2012076586.773.42$2,616
Nov 2012072786.953.62$2,635
Oct 2012077389.383.40$2,628
Sep 2012074794.672.92$2,180
Aug 2012076392.662.91$2,219
Jul 2012076085.133.02$2,296
Jun 2012064379.822.52$1,620
May 2012072991.612.49$1,814
Apr 20120758101.652.00$1,514
Mar 20120796105.052.22$1,769
Feb 20120759101.102.57$1,951
Jan 2012082598.092.73$2,256
Dec 2011081896.873.24$2,650
Nov 2011081395.723.31$2,692
Oct 2011083784.983.65$3,054
Sep 2011082083.623.99$3,268
Aug 2011083083.404.15$3,444
Jul 2011085494.144.52$3,858
Jun 2011082492.904.64$3,823
May 2011077598.134.40$3,414
Apr 20110723105.964.33$3,133
Mar 2011079796.364.06$3,234
Feb 2011066985.644.18$2,796
Jan 2011082886.504.59$3,800
Dec 2010085185.734.35$3,700
Nov 2010083380.843.80$3,162
Oct 2010086178.103.51$3,021
Sep 2010082672.633.98$3,287
Aug 2010085873.684.42$3,792
Jul 2010081472.554.74$3,856
Jun 2010080070.364.91$3,928
May 2010083571.124.24$3,536
Apr 2010082081.694.12$3,381
Mar 2010080978.394.39$3,550
Feb 2010075473.585.44$4,104
Jan 2010084274.365.96$5,022
Dec 2009084271.445.48$4,617
Nov 2009082274.593.75$3,084
Oct 2009086472.544.11$3,551
Sep 2009083465.543.06$2,556
Aug 2009089867.423.22$2,890
Jul 2009085661.133.46$2,966
Jun 2009081566.163.90$3,174
May 2009088054.743.93$3,455
Apr 2009084946.773.59$3,046
Mar 2009089542.144.06$3,633
Feb 2009081132.814.63$3,757
Jan 2009086335.865.37$4,635
Dec 2008095637.105.98$5,714
Nov 2008094755.496.86$6,497
Oct 2008097475.246.92$6,742
Sep 20080938101.767.88$7,389
Aug 20080967114.228.48$8,203
Jul 20080965131.0811.39$10,991
Jun 20080943131.3313.03$12,290
May 20080985123.1711.57$11,401
Apr 20080974110.3110.45$10,183
Mar 200801,019101.909.66$9,848
Feb 2008096892.538.77$8,490
Jan 200801,03990.388.21$8,526
Dec 200701,02288.337.30$7,463
Nov 2007098991.677.29$7,211
Oct 200701,01082.856.92$6,991
Sep 2007096075.846.24$5,994
Aug 200701,00469.066.39$6,413
Jul 2007096370.906.39$6,152
Jun 2007184062.007.55$6,403
May 200701,01758.747.85$7,980
Apr 2007098459.617.81$7,680
Mar 200701,02456.927.30$7,477
Feb 2007093055.108.22$7,641
Jan 200701,05950.306.73$7,124
Dec 200601,07456.656.92$7,430
Nov 200601,01954.207.62$7,762
Oct 200601,04854.906.01$6,302
Sep 200601,02460.085.04$5,158
Aug 200601,06068.717.34$7,780
Jul 200601,06469.376.34$6,749
Jun 200601,04466.286.38$6,665
May 200601,07766.016.42$6,920
Apr 200601,07164.397.36$7,883
Mar 200601,12456.707.08$7,961
Feb 200601,02357.597.75$7,929
Jan 200601,15460.598.93$10,309
Dec 200501,16154.9413.42$15,575
Nov 200501,12754.6910.59$11,933
Oct 200501,17258.3413.80$16,169
Sep 200501,14061.4512.08$13,770
Aug 200501,08261.519.80$10,600
Jul 2005771,15155.697.84$13,316
Jun 200501,12652.337.38$8,311
May 200501,17445.226.65$7,808
Apr 200501,10449.207.36$8,126
Mar 200501,19350.377.15$8,536
Feb 200501,07745.226.31$6,798
Jan 200501,23043.166.32$7,776
Dec 200401,22339.866.75$8,257
Nov 200401,20145.286.33$7,603
Oct 200401,23049.706.52$8,014
Sep 200401,20043.245.28$6,341
Aug 200401,22542.375.55$6,800
Jul 200401,22538.286.08$7,453
Jun 200401,19636.106.43$7,694
May 200401,23837.486.49$8,040
Apr 200401,21234.475.86$7,100
Mar 200401,25534.365.53$6,940
Feb 200401,20532.455.51$6,639
Jan 200401,30332.036.30$8,208
Dec 200301,31130.266.30$8,261
Nov 200301,27128.804.60$5,840
Oct 200301,32928.174.76$6,326
Sep 200301,27826.314.75$6,070
Aug 200301,36229.765.13$6,987
Jul 200301,34229.415.17$6,939
Jun 200301,17428.565.98$7,024
May 200301,32026.595.97$7,884
Apr 200301,32926.675.41$7,186
Mar 200301,39131.146.10$8,480
Feb 200301,25233.487.93$9,923
Jan 200301,40130.315.58$7,820
Dec 200201,41426.914.85$6,863
Nov 200201,38324.664.14$5,721
Oct 200201,42726.464.23$6,035
Sep 200201,39427.443.64$5,067
Aug 200201,43725.963.16$4,547
Jul 200201,43024.583.06$4,378
Jun 200201,36023.733.34$4,540
May 200201,24924.663.58$4,476
Apr 200201,42823.653.51$5,016
Mar 200201,49322.003.10$4,632
Feb 200201,37918.222.38$3,276
Jan 200201,53217.172.38$3,640
Dec 200101,55316.932.36$3,672
Nov 200101,53718.072.41$3,697
Oct 200101,58419.782.53$4,006
Sep 200101,56524.262.25$3,523
Aug 200101,66624.873.05$5,087
Jul 200101,63423.933.20$5,224
Jun 200101,27924.563.82$4,891
May 200101,21925.524.31$5,251
Apr 200101,19024.685.34$6,349
Mar 200101,32824.545.38$7,140
Feb 200101,29527.755.77$7,468
Jan 200101,47827.478.40$12,413
Dec 200001,50526.889.12$13,729
Nov 200001,50932.215.66$8,538
Oct 200001,58331.235.15$8,145
Sep 200001,54331.875.19$8,003
Aug 200001,65029.644.54$7,492
Jul 200001,68028.534.09$6,871
Jun 200001,60529.304.40$7,058
May 200001,56527.263.68$5,759
Apr 200001,21824.513.12$3,795
Mar 200001,26128.422.86$3,606
Feb 200001,18627.622.73$3,234
Jan 200001,32925.272.48$3,297
Dec 199901,31524.282.42$3,187
Nov 199901,30523.192.43$3,176
Oct 199901,39420.982.80$3,908
Sep 199901,59821.752.62$4,185
Aug 1999086519.262.88$2,487
Jul 1999091817.892.37$2,178
Jun 1999099515.942.36$2,350
May 199901,24815.792.32$2,897
Apr 199901,03315.102.21$2,281
Mar 199901,28812.471.84$2,368
Feb 199908779.981.82$1,594
Jan 199901,00110.381.90$1,902
Dec 199801,1109.201.77$1,968
Nov 199801,35310.892.19$2,957
Oct 199801,41212.421.97$2,781
Sep 199801,02312.592.08$2,131
Aug 199801,10911.301.91$2,115
Jul 199801,62111.742.24$3,627
Jun 1998095311.242.24$2,132
May 199801,10512.622.21$2,438
Apr 199801,04413.042.51$2,616
Mar 199801,23112.802.31$2,843
Feb 199801,44913.952.30$3,331
Jan 199801,06814.702.15$2,301
Dec 199701,21216.322.41$2,922
Nov 199701,33018.193.09$4,107
Oct 199701,13719.253.15$3,581
Sep 199701,15917.742.95$3,425
Aug 199701,30117.862.55$3,324
Jul 199701,40717.582.25$3,161
Jun 199701,51317.242.26$3,415
May 199701,24718.972.31$2,879
Apr 199701,40817.882.08$2,933
Mar 199701,34418.951.94$2,606
Feb 199701,11920.492.21$2,468
Jan 199701,58523.483.54$5,610
Dec 199601,48523.32$0
Nov 199601,46021.97$0
Oct 199601,38623.31$0
Sep 199601,68322.22$0
Aug 199601,41420.26$0
Jul 199601,37319.55$0
Jun 199601,37418.73$0
May 199601,71519.43$0
Apr 199601,42221.51$0
Mar 199601,75519.38$0
Feb 199601,41716.98$0
Jan 199601,77917.07$0
Dec 199501,58117.19$0
Nov 199501,80016.00$0
Oct 199501,55315.43$0
Sep 199501,75416.18$0
Aug 199501,80315.92$0
Jul 199501,71415.24$0
Jun 199501,73516.41$0
May 199501,78017.56$0
Apr 199501,71617.73$0
Mar 199501,61716.44$0
Feb 199501,80816.58$0
Jan 199501,66115.92$0
Dec 199401,74415.03$0
Nov 199401,70415.90$0
Oct 199401,82315.58$0
Sep 199401,82315.29$0
Aug 199401,87716.13$0
Jul 199401,63717.56$0
Jun 199401,76217.09$0
May 199401,84715.88$0
Apr 199402,02014.14$0
Mar 199401,72312.46$0
Feb 199401,72112.50$0
Jan 199401,78412.66$0
Dec 199301,89512.33$0
Nov 199301,72014.49$0
Oct 199302,23615.85$0
Sep 199301,89915.03$0
Aug 199302,04015.66$0
Jul 199302,31115.46$0
Jun 199302,36816.79$0
May 199302,19817.68$0
Apr 199302,12018.05$0
Mar 199302,09718.14$0
Feb 199302,07217.90$0
Jan 199302,26616.93$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.

May 2017 — as filed, then multipliedworked
Condensate            39 bbl  × $ 45.37 =     $1,769
Gas                    0 Mcf  × $  3.26 =         $0

────────────────────────────────────────────────────
Month total                                   $1,769

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/134450 is the state's own key, not one this site invented.