UNION PACIFIC

Name: UNION PACIFIC lease production and value, Oct 1996 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by ANADARKO E&P COMPANY LP (P-5 20542) in the OZONA (CANYON SAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 160431District 7CField 679952002 tax incentive programmesCondensateGasSave Export

Value, all time

$1.2 M

Oct 1996 – Aug 2010

Value, last 12 filed months

$54

at the published price for each month

Months reported

167

no gaps in the span

Streams

condensate, gas

The OZONA (CANYON SAND) 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 2,312 leases and 2,323 wells, and the rule below applies to all of them.

Discovered

1962-02-23

as the register files it

Field class

Oil and gas

the register's own label

Between wells

600 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 2006-09-12.

The Commission's schedule remark for this field reads: “ZONE TO BE SET UP IN OZONA (CANYON SAND, OIL).”

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
High Cost Gas	1	1	1997-01-06	135799
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	32 bbl	$941
Gas	Production	540,447 Mcf	$1,218,672
Total			$1,219,613

134,471 Mcf of this lease's gas, across 3 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 30.5691, -101.2972. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.56906, -101.29717 · 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

10,000 ft

1 wells filed one

Completion to plug

13.8 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 10,000 ft.

Completions filed

Oct 1996

1 of 1 wells

Plug dates filed

Aug 2010

1 of 1 wells

Last completion to plug: a median of 13.8 years across the 1 well that filed both dates, with the middle half between 13.8 years and 13.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-10537334	59	10,000 ft	Oct 1996	Aug 2010	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 (167)

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

167 months


Aug 2010	0	0	73.68	4.42	$0
Jul 2010	0	0	72.55	4.74	$0
Jun 2010	0	0	70.36	4.91	$0
May 2010	0	0	71.12	4.24	$0
Apr 2010	0	0	81.69	4.12	$0
Mar 2010	0	0	78.39	4.39	$0
Feb 2010	0	0	73.58	5.44	$0
Jan 2010	0	0	74.36	5.96	$0
Dec 2009	0	7	71.44	5.48	$38
Nov 2009	0	0	74.59	3.75	$0
Oct 2009	0	0	72.54	4.11	$0
Sep 2009	0	5	65.54	3.06	$15
Aug 2009	0	0	67.42	3.22	$0
Jul 2009	0	0	61.13	3.46	$0
Jun 2009	0	0	66.16	3.90	$0
May 2009	0	4	54.74	3.93	$16
Apr 2009	0	10	46.77	3.59	$36
Mar 2009	0	9	42.14	4.06	$37
Feb 2009	0	8	32.81	4.63	$37
Jan 2009	0	11	35.86	5.37	$59
Dec 2008	0	16	37.10	5.98	$96
Nov 2008	0	8	55.49	6.86	$55
Oct 2008	0	168	75.24	6.92	$1,163
Sep 2008	0	131	101.76	7.88	$1,032
Aug 2008	0	171	114.22	8.48	$1,451
Jul 2008	0	144	131.08	11.39	$1,640
Jun 2008	0	116	131.33	13.03	$1,512
May 2008	0	154	123.17	11.57	$1,782
Apr 2008	0	152	110.31	10.45	$1,589
Mar 2008	0	143	101.90	9.66	$1,382
Feb 2008	0	191	92.53	8.77	$1,675
Jan 2008	0	318	90.38	8.21	$2,609
Dec 2007	0	156	88.33	7.30	$1,139
Nov 2007	0	128	91.67	7.29	$933
Oct 2007	0	93	82.85	6.92	$644
Sep 2007	0	89	75.84	6.24	$556
Aug 2007	0	69	69.06	6.39	$441
Jul 2007	0	11	70.90	6.39	$70
Jun 2007	0	22	62.00	7.55	$166
May 2007	0	14	58.74	7.85	$110
Apr 2007	0	26	59.61	7.81	$203
Mar 2007	0	27	56.92	7.30	$197
Feb 2007	0	3	55.10	8.22	$25
Jan 2007	0	31	50.30	6.73	$209
Dec 2006	0	62	56.65	6.92	$429
Nov 2006	0	4	54.20	7.62	$30
Oct 2006	0	14	54.90	6.01	$84
Sep 2006	0	25	60.08	5.04	$126
Aug 2006	0	85	68.71	7.34	$624
Jul 2006	0	27	69.37	6.34	$171
Jun 2006	0	22	66.28	6.38	$140
May 2006	0	30	66.01	6.42	$193
Apr 2006	0	39	64.39	7.36	$287
Mar 2006	0	10	56.70	7.08	$71
Feb 2006	0	18	57.59	7.75	$140
Jan 2006	0	23	60.59	8.93	$205
Dec 2005	0	32	54.94	13.42	$429
Nov 2005	0	5	54.69	10.59	$53
Oct 2005	0	25	58.34	13.80	$345
Sep 2005	0	45	61.45	12.08	$544
Aug 2005	0	43	61.51	9.80	$421
Jul 2005	0	47	55.69	7.84	$369
Jun 2005	0	54	52.33	7.38	$399
May 2005	0	67	45.22	6.65	$446
Apr 2005	0	59	49.20	7.36	$434
Mar 2005	0	44	50.37	7.15	$315
Feb 2005	0	54	45.22	6.31	$341
Jan 2005	0	113	43.16	6.32	$714
Dec 2004	0	107	39.86	6.75	$722
Nov 2004	0	101	45.28	6.33	$639
Oct 2004	0	508	49.70	6.52	$3,310
Sep 2004	0	682	43.24	5.28	$3,604
Aug 2004	0	727	42.37	5.55	$4,035
Jul 2004	0	769	38.28	6.08	$4,679
Jun 2004	0	734	36.10	6.43	$4,722
May 2004	0	776	37.48	6.49	$5,040
Apr 2004	0	857	34.47	5.86	$5,021
Mar 2004	0	546	34.36	5.53	$3,019
Feb 2004	0	1,005	32.45	5.51	$5,537
Jan 2004	0	2,093	32.03	6.30	$13,185
Dec 2003	0	2,314	30.26	6.30	$14,582
Nov 2003	0	2,275	28.80	4.60	$10,454
Oct 2003	0	2,068	28.17	4.76	$9,843
Sep 2003	0	2,434	26.31	4.75	$11,560
Aug 2003	0	2,631	29.76	5.13	$13,496
Jul 2003	32	2,558	29.41	5.17	$14,168
Jun 2003	0	0	28.56	5.98	$0
May 2003	0	0	26.59	5.97	$0
Apr 2003	0	2,471	26.67	5.41	$13,361
Mar 2003	0	2,184	31.14	6.10	$13,314
Feb 2003	0	1,613	33.48	7.93	$12,784
Jan 2003	0	1,441	30.31	5.58	$8,044
Dec 2002	0	1,455	26.91	4.85	$7,062
Nov 2002	0	1,451	24.66	4.14	$6,003
Oct 2002	0	1,583	26.46	4.23	$6,695
Sep 2002	0	1,621	27.44	3.64	$5,893
Aug 2002	0	1,725	25.96	3.16	$5,458
Jul 2002	0	1,764	24.58	3.06	$5,401
Jun 2002	0	1,678	23.73	3.34	$5,602
May 2002	0	1,904	24.66	3.58	$6,824
Apr 2002	0	1,755	23.65	3.51	$6,164
Mar 2002	0	2,007	22.00	3.10	$6,227
Feb 2002	0	1,993	18.22	2.38	$4,735
Jan 2002	0	1,969	17.17	2.38	$4,678
Dec 2001	0	2,030	16.93	2.36	$4,800
Nov 2001	0	1,975	18.07	2.41	$4,751
Oct 2001	0	2,266	19.78	2.53	$5,730
Sep 2001	0	2,079	24.26	2.25	$4,680
Aug 2001	0	2,331	24.87	3.05	$7,117
Jul 2001	0	2,278	23.93	3.20	$7,283
Jun 2001	0	2,324	24.56	3.82	$8,887
May 2001	0	2,326	25.52	4.31	$10,019
Apr 2001	0	2,344	24.68	5.34	$12,506
Mar 2001	0	2,360	24.54	5.38	$12,688
Feb 2001	0	0	27.75	5.77	$0
Jan 2001	0	2,039	27.47	8.40	$17,125
Dec 2000	0	1,833	26.88	9.12	$16,722
Nov 2000	0	1,831	32.21	5.66	$10,360
Oct 2000	0	2,084	31.23	5.15	$10,723
Sep 2000	0	2,081	31.87	5.19	$10,793
Aug 2000	0	3,444	29.64	4.54	$15,638
Jul 2000	0	2,534	28.53	4.09	$10,363
Jun 2000	0	2,562	29.30	4.40	$11,266
May 2000	0	2,768	27.26	3.68	$10,186
Apr 2000	0	2,730	24.51	3.12	$8,507
Mar 2000	0	2,942	28.42	2.86	$8,413
Feb 2000	0	2,570	27.62	2.73	$7,007
Jan 2000	0	3,055	25.27	2.48	$7,578
Dec 1999	0	2,640	24.28	2.42	$6,399
Nov 1999	0	2,882	23.19	2.43	$7,015
Oct 1999	0	3,566	20.98	2.80	$9,998
Sep 1999	0	3,275	21.75	2.62	$8,577
Aug 1999	0	4,293	19.26	2.88	$12,345
Jul 1999	0	4,584	17.89	2.37	$10,875
Jun 1999	0	4,616	15.94	2.36	$10,903
May 1999	0	4,806	15.79	2.32	$11,155
Apr 1999	0	4,781	15.10	2.21	$10,557
Mar 1999	0	4,212	12.47	1.84	$7,743
Feb 1999	0	4,320	9.98	1.82	$7,853
Jan 1999	0	4,792	10.38	1.90	$9,105
Dec 1998	0	4,790	9.20	1.77	$8,494
Nov 1998	0	4,575	10.89	2.19	$10,000
Oct 1998	0	4,665	12.42	1.97	$9,186
Sep 1998	0	4,635	12.59	2.08	$9,653
Aug 1998	0	4,988	11.30	1.91	$9,514
Jul 1998	0	5,152	11.74	2.24	$11,526
Jun 1998	0	5,178	11.24	2.24	$11,585
May 1998	0	6,032	12.62	2.21	$13,309
Apr 1998	0	5,680	13.04	2.51	$14,230
Mar 1998	0	6,343	12.80	2.31	$14,649
Feb 1998	0	6,043	13.95	2.30	$13,894
Jan 1998	0	7,064	14.70	2.15	$15,221
Dec 1997	0	7,545	16.32	2.41	$18,192
Nov 1997	0	7,995	18.19	3.09	$24,691
Oct 1997	0	8,515	19.25	3.15	$26,821
Sep 1997	0	9,502	17.74	2.95	$28,077
Aug 1997	0	10,745	17.86	2.55	$27,451
Jul 1997	0	11,784	17.58	2.25	$26,478
Jun 1997	0	12,457	17.24	2.26	$28,118
May 1997	0	13,876	18.97	2.31	$32,033
Apr 1997	0	14,404	17.88	2.08	$30,000
Mar 1997	0	25,161	18.95	1.94	$48,791
Feb 1997	0	26,116	20.49	2.21	$57,609
Jan 1997	0	33,997	23.48	3.54	$120,339
Dec 1996	0	79,338	23.32	—	$0
Nov 1996	0	34,243	21.97	—	$0
Oct 1996	0	20,890	23.31	—	$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.

Dec 2009 — as filed, then multipliedworked

Condensate             0 bbl  × $ 71.44 =         $0
Gas                    7 Mcf  × $  5.48 =        $38

────────────────────────────────────────────────────
Month total                                      $38

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/160431 is the state's own key, not one this site invented.