REED 101

Operated by ENERVEST OPERATING, L.L.C. (P-5 252131) 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 167727District 7CField 812673332 tax incentive programmesCondensateGasSaveExport
Value, all time
$408 k
Feb 1998 – Jun 2015
Value, last 12 filed months
$0
at the published price for each month
Months reported
209
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
High Cost Gas111998-06-02138893
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
CondensateDisposition382 bbl$8,255
GasProduction107,932 Mcf$400,202
Total$408,458

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 30.4360, -100.6617. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.43600, -100.66171 · 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
6,400 ft
1 wells filed one
Completion to plug
17.3 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 6,400 ft.

Completions filed
Feb 1998
1 of 1 wells
Plug dates filed
Jun 2015
1 of 1 wells

Last completion to plug: a median of 17.3 years across the 1 well that filed both dates, with the middle half between 17.3 years and 17.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-43534781166,400 ftFeb 1998Jun 2015Yes

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 (209)

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

209 months

Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 200901442.144.06$57
Feb 200902032.814.63$93
Jan 200903435.865.37$183
Dec 200804237.105.98$251
Nov 200804955.496.86$336
Oct 200804675.246.92$318
Sep 2008025101.767.88$197
Aug 2008029114.228.48$246
Jul 2008029131.0811.39$330
Jun 2008015131.3313.03$195
May 2008019123.1711.57$220
Apr 2008034110.3110.45$355
Mar 2008011101.909.66$106
Feb 200803092.538.77$263
Jan 200803090.388.21$246
Dec 200704488.337.30$321
Nov 200705891.677.29$423
Oct 200704982.856.92$339
Sep 2007130775.846.24$1,993
Aug 2007012869.066.39$818
Jul 200703970.906.39$249
Jun 20070062.007.55$0
May 2007039258.747.85$3,076
Apr 2007047359.617.81$3,692
Mar 2007043456.927.30$3,169
Feb 2007032455.108.22$2,662
Jan 2007043350.306.73$2,913
Dec 2006044556.656.92$3,079
Nov 2006142354.207.62$3,276
Oct 2006153954.906.01$3,296
Sep 2006250660.085.04$2,669
Aug 2006251668.717.34$3,925
Jul 2006149869.376.34$3,228
Jun 2006134766.286.38$2,281
May 2006020266.016.42$1,298
Apr 2006019964.397.36$1,465
Mar 2006021156.707.08$1,495
Feb 2006019257.597.75$1,488
Jan 2006023760.598.93$2,117
Dec 2005023454.9413.42$3,139
Nov 2005021854.6910.59$2,308
Oct 2005023458.3413.80$3,228
Sep 2005022461.4512.08$2,706
Aug 2005023661.519.80$2,312
Jul 2005025055.697.84$1,961
Jun 2005023852.337.38$1,757
May 2005123745.226.65$1,622
Apr 2005124149.207.36$1,823
Mar 2005025450.377.15$1,817
Feb 2005024045.226.31$1,515
Jan 2005028443.166.32$1,796
Dec 2004031139.866.75$2,100
Nov 2004031745.286.33$2,007
Oct 2004334049.706.52$2,364
Sep 2004356843.245.28$3,131
Aug 2004362442.375.55$3,591
Jul 2004361838.286.08$3,875
Jun 2004359736.106.43$3,949
May 2004362737.486.49$4,185
Apr 2004360234.475.86$3,630
Mar 2004363934.365.53$3,637
Feb 2004362632.455.51$3,546
Jan 2004266832.036.30$4,272
Dec 2003267630.266.30$4,320
Nov 2003363928.804.60$3,023
Oct 2003466828.174.76$3,292
Sep 2003460626.314.75$2,983
Aug 2003366929.765.13$3,521
Jul 2003370329.415.17$3,723
Jun 2003367128.565.98$4,100
May 2003465726.595.97$4,030
Apr 2003263826.675.41$3,503
Mar 20032031.146.10$62
Feb 2003260733.487.93$4,878
Jan 2003269330.315.58$3,929
Dec 2002170426.914.85$3,444
Nov 2002167624.664.14$2,821
Oct 2002367026.464.23$2,913
Sep 2002265027.443.64$2,418
Aug 2002267125.963.16$2,175
Jul 200236,30524.583.06$19,378
Jun 2002364623.733.34$2,228
May 2002268424.663.58$2,501
Apr 2002368923.653.51$2,491
Mar 2002267922.003.10$2,151
Feb 2002265818.222.38$1,600
Jan 2002358617.172.38$1,444
Dec 2001481016.932.36$1,983
Nov 2001394218.072.41$2,320
Oct 2001489019.782.53$2,330
Sep 2001283424.262.25$1,926
Aug 2001274624.873.05$2,327
Jul 2001276923.933.20$2,506
Jun 2001477724.563.82$3,070
May 2001483725.524.31$3,707
Apr 2001374524.685.34$4,049
Mar 2001582424.545.38$4,553
Feb 2001472227.755.77$4,275
Jan 2001492927.478.40$7,912
Dec 2000488626.889.12$8,190
Nov 2000483032.215.66$4,825
Oct 2000488431.235.15$4,674
Sep 2000286831.875.19$4,566
Aug 2000488429.644.54$4,133
Jul 2000292228.534.09$3,828
Jun 2000491629.304.40$4,145
May 2000387227.263.68$3,291
Apr 2000243024.513.12$1,389
Mar 2000129928.422.86$883
Feb 2000339827.622.73$1,168
Jan 200051,22625.272.48$3,167
Dec 199961,79324.282.42$4,491
Nov 199961,70423.192.43$4,287
Oct 199991,72120.982.80$5,014
Sep 199961,54521.752.62$4,177
Aug 199951,74619.262.88$5,117
Jul 199951,37417.892.37$3,349
Jun 1999122,28115.942.36$5,579
May 199981,47815.792.32$3,557
Apr 1999122,81715.102.21$6,401
Mar 1999122,57312.471.84$4,880
Feb 1999122,2199.981.82$4,153
Jan 1999122,19610.381.90$4,297
Dec 1998128279.201.77$1,577
Nov 1998122,99210.892.19$6,670
Oct 1998131,91812.421.97$3,938
Sep 199882,57412.592.08$5,461
Aug 1998121,60011.301.91$3,187
Jul 199882,52011.742.24$5,732
Jun 1998111,47611.242.24$3,426
May 199883,00612.622.21$6,733
Apr 1998133,31513.042.51$8,475
Mar 199803,66112.802.31$8,455
Feb 199803,66113.952.30$8,417

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 2009 — as filed, then multipliedworked
Condensate             0 bbl  × $ 42.14 =         $0
Gas                   14 Mcf  × $  4.06 =        $57

────────────────────────────────────────────────────
Month total                                      $57

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/167727 is the state's own key, not one this site invented.