KINCAID

Name: KINCAID lease production and value, Jan 1994 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by ARCO PERMIAN (P-5 29347) in the AMACKER-TIPPETT, SE(BEND 10600) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 148178District 7CField 02213250CondensateGasSave Export

Value, all time

$865 k

Jan 1994 – May 1999

Value, last 12 filed months

$162 k

at the published price for each month

Months reported

no gaps in the span

Streams

condensate, gas

The AMACKER-TIPPETT, SE(BEND 10600) 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 23 leases and 34 wells, and the rule below applies to all of them.

Discovered

1966-03-25

as the register files it

Field class

Oil and gas

the register's own label

Between wells

1,867 ft

minimum

From a lease line

933 ft

minimum

A drilling unit in this field needs at least 160 acres.

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	17,019 bbl	$272,804
Gas	Production	1,102,891 Mcf	$591,975
Total			$864,779

859,922 Mcf of this lease's gas, across 35 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 31.2624, -102.0175. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.26236, -102.01749 · 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

10,800 ft

1 wells filed one

Completion to plug

22.0 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 10,800 ft.

Completions filed

Mar 1999

1 of 1 wells

Plug dates filed

Mar 2021

1 of 1 wells

Last completion to plug: a median of 22.0 years across the 1 well that filed both dates, with the middle half between 22.0 years and 22.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-46133456	1	10,800 ft	Mar 1999	Mar 2021	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 (65)

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

65 months


May 1999	0	0	15.79	2.32	$0
Apr 1999	0	0	15.10	2.21	$0
Mar 1999	596	0	12.47	1.84	$7,432
Feb 1999	0	0	9.98	1.82	$0
Jan 1999	0	223	10.38	1.90	$424
Dec 1998	0	3,056	9.20	1.77	$5,419
Nov 1998	0	9,680	10.89	2.19	$21,158
Oct 1998	388	10,326	12.42	1.97	$25,153
Sep 1998	0	10,342	12.59	2.08	$21,538
Aug 1998	383	11,043	11.30	1.91	$25,391
Jul 1998	0	11,403	11.74	2.24	$25,512
Jun 1998	382	11,361	11.24	2.24	$29,711
May 1998	0	12,078	12.62	2.21	$26,648
Apr 1998	0	11,558	13.04	2.51	$28,957
Mar 1998	387	12,839	12.80	2.31	$34,605
Feb 1998	395	11,768	13.95	2.30	$32,566
Jan 1998	0	0	14.70	2.15	$0
Dec 1997	0	13,932	16.32	2.41	$33,591
Nov 1997	0	13,918	18.19	3.09	$42,982
Oct 1997	174	1,836	19.25	3.15	$9,133
Sep 1997	168	28,306	17.74	2.95	$86,621
Aug 1997	156	9,554	17.86	2.55	$27,194
Jul 1997	172	7,901	17.58	2.25	$20,777
Jun 1997	180	7,241	17.24	2.26	$19,448
May 1997	179	8,127	18.97	2.31	$22,157
Apr 1997	0	7,246	17.88	2.08	$15,092
Mar 1997	181	8,289	18.95	1.94	$19,503
Feb 1997	0	7,318	20.49	2.21	$16,143
Jan 1997	183	13,624	23.48	3.54	$52,522
Dec 1996	0	7,589	23.32	—	$0
Nov 1996	0	9,220	21.97	—	$0
Oct 1996	178	11,438	23.31	—	$4,149
Sep 1996	181	13,833	22.22	—	$4,022
Aug 1996	0	4,674	20.26	—	$0
Jul 1996	181	13,033	19.55	—	$3,539
Jun 1996	159	13,454	18.73	—	$2,978
May 1996	0	14,988	19.43	—	$0
Apr 1996	180	17,070	21.51	—	$3,872
Mar 1996	180	17,824	19.38	—	$3,488
Feb 1996	179	17,674	16.98	—	$3,039
Jan 1996	0	1,740	17.07	—	$0
Dec 1995	0	3,594	17.19	—	$0
Nov 1995	360	22,870	16.00	—	$5,760
Oct 1995	360	24,890	15.43	—	$5,555
Sep 1995	360	24,290	16.18	—	$5,825
Aug 1995	351	26,872	15.92	—	$5,588
Jul 1995	356	27,634	15.24	—	$5,425
Jun 1995	354	27,787	16.41	—	$5,809
May 1995	533	31,250	17.56	—	$9,359
Apr 1995	347	29,009	17.73	—	$6,152
Mar 1995	180	33,812	16.44	—	$2,959
Feb 1995	358	31,966	16.58	—	$5,936
Jan 1995	362	36,949	15.92	—	$5,763
Dec 1994	538	38,901	15.03	—	$8,086
Nov 1994	358	39,110	15.90	—	$5,692
Oct 1994	714	42,814	15.58	—	$11,124
Sep 1994	706	43,126	15.29	—	$10,795
Aug 1994	1,275	47,307	16.13	—	$20,566
Jul 1994	776	47,777	17.56	—	$13,627
Jun 1994	1,175	46,051	17.09	—	$20,081
May 1994	1,185	44,665	15.88	—	$18,818
Apr 1994	1,209	44,288	14.14	—	$17,095
Mar 1994	0	2,102	12.46	—	$0
Feb 1994	0	0	12.50	—	$0
Jan 1994	0	321	12.66	—	$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.

Mar 1999 — as filed, then multipliedworked

Condensate           596 bbl  × $ 12.47 =     $7,432
Gas                    0 Mcf  × $  1.84 =         $0

────────────────────────────────────────────────────
Month total                                   $7,432

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/148178 is the state's own key, not one this site invented.