KINCAID, A. R. TRUST

Name: KINCAID, A. R. TRUST lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by TEXACO E & P INC. (P-5 844118) in the OZONA, NE. (CANYON SAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 19112District 7CField 67998075CondensateGasSave Export

Value, all time

$147 k

Jan 1993 – Apr 2002

Value, last 12 filed months

$5 k

at the published price for each month

Months reported

112

no gaps in the span

Streams

condensate, gas

The OZONA, NE. (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 800 leases and 804 wells, and the rule below applies to all of them.

Discovered

1995-10-03

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 80 acres. The field rule took effect on 1997-02-27.

The Commission's schedule remark for this field reads: “38. DOCKET 7C-0214353 EFF 2/27/97 SIGNED 2/4/97”

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	2,771 bbl	$46,467
Gas	Production	152,176 Mcf	$100,236
Total			$146,703

112,603 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 30.6753, -101.2008. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.67532, -101.20080 · 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

0.0%

0 of 1 wells

Median depth

6,600 ft

1 wells filed one

Completion to plug

—

no well filed both dates

What the state filed about each well

On the RRC proration schedule

1100.0%

A plug date is filed

00.0%

BothOn the schedule and plugged. Neither fact cancels the other.

00.0%

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 6,600 ft.

Completions filed

Apr 2002

1 of 1 wells

1 well


42-10510345	2 L	6,600 ft	Apr 2002	—	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 (112)

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

112 months


Apr 2002	0	0	23.65	3.51	$0
Mar 2002	0	187	22.00	3.10	$580
Feb 2002	1	72	18.22	2.38	$189
Jan 2002	2	376	17.17	2.38	$928
Dec 2001	2	228	16.93	2.36	$573
Nov 2001	1	1	18.07	2.41	$20
Oct 2001	1	38	19.78	2.53	$116
Sep 2001	2	180	24.26	2.25	$454
Aug 2001	1	113	24.87	3.05	$370
Jul 2001	2	89	23.93	3.20	$332
Jun 2001	2	152	24.56	3.82	$630
May 2001	2	168	25.52	4.31	$775
Apr 2001	2	146	24.68	5.34	$828
Mar 2001	1	156	24.54	5.38	$863
Feb 2001	2	144	27.75	5.77	$886
Jan 2001	2	160	27.47	8.40	$1,399
Dec 2000	4	158	26.88	9.12	$1,549
Nov 2000	10	165	32.21	5.66	$1,256
Oct 2000	62	0	31.23	5.15	$1,936
Sep 2000	3	189	31.87	5.19	$1,076
Aug 2000	4	209	29.64	4.54	$1,068
Jul 2000	4	208	28.53	4.09	$965
Jun 2000	4	237	29.30	4.40	$1,159
May 2000	6	205	27.26	3.68	$918
Apr 2000	5	169	24.51	3.12	$649
Mar 2000	5	223	28.42	2.86	$780
Feb 2000	4	212	27.62	2.73	$689
Jan 2000	5	231	25.27	2.48	$699
Dec 1999	4	240	24.28	2.42	$679
Nov 1999	4	208	23.19	2.43	$599
Oct 1999	5	195	20.98	2.80	$652
Sep 1999	8	70	21.75	2.62	$357
Aug 1999	12	75	19.26	2.88	$447
Jul 1999	16	406	17.89	2.37	$1,249
Jun 1999	6	145	15.94	2.36	$438
May 1999	7	139	15.79	2.32	$433
Apr 1999	21	404	15.10	2.21	$1,209
Mar 1999	40	356	12.47	1.84	$1,153
Feb 1999	39	800	9.98	1.82	$1,843
Jan 1999	60	1,220	10.38	1.90	$2,941
Dec 1998	50	901	9.20	1.77	$2,058
Nov 1998	29	866	10.89	2.19	$2,209
Oct 1998	57	1,111	12.42	1.97	$2,896
Sep 1998	42	1,223	12.59	2.08	$3,076
Aug 1998	36	998	11.30	1.91	$2,310
Jul 1998	24	1,251	11.74	2.24	$3,081
Jun 1998	28	1,319	11.24	2.24	$3,266
May 1998	25	1,234	12.62	2.21	$3,038
Apr 1998	20	1,355	13.04	2.51	$3,656
Mar 1998	18	1,511	12.80	2.31	$3,720
Feb 1998	8	1,349	13.95	2.30	$3,213
Jan 1998	15	1,642	14.70	2.15	$3,759
Dec 1997	8	2,077	16.32	2.41	$5,138
Nov 1997	28	1,551	18.19	3.09	$5,299
Oct 1997	42	1,513	19.25	3.15	$5,574
Sep 1997	29	1,136	17.74	2.95	$3,871
Aug 1997	32	906	17.86	2.55	$2,886
Jul 1997	23	1,410	17.58	2.25	$3,573
Jun 1997	25	1,188	17.24	2.26	$3,113
May 1997	13	1,003	18.97	2.31	$2,562
Apr 1997	30	1,346	17.88	2.08	$3,340
Mar 1997	42	1,428	18.95	1.94	$3,565
Feb 1997	16	1,244	20.49	2.21	$3,072
Jan 1997	8	1,337	23.48	3.54	$4,920
Dec 1996	27	1,457	23.32	—	$630
Nov 1996	45	1,457	21.97	—	$989
Oct 1996	51	1,595	23.31	—	$1,189
Sep 1996	49	1,570	22.22	—	$1,089
Aug 1996	51	1,615	20.26	—	$1,033
Jul 1996	60	1,679	19.55	—	$1,173
Jun 1996	33	1,603	18.73	—	$618
May 1996	21	1,737	19.43	—	$408
Apr 1996	21	1,708	21.51	—	$452
Mar 1996	29	1,767	19.38	—	$562
Feb 1996	38	1,664	16.98	—	$645
Jan 1996	47	1,804	17.07	—	$802
Dec 1995	56	1,952	17.19	—	$963
Nov 1995	75	2,266	16.00	—	$1,200
Oct 1995	71	2,641	15.43	—	$1,096
Sep 1995	8	1,029	16.18	—	$129
Aug 1995	51	1,963	15.92	—	$812
Jul 1995	48	2,058	15.24	—	$732
Jun 1995	53	2,031	16.41	—	$870
May 1995	54	2,217	17.56	—	$948
Apr 1995	50	2,253	17.73	—	$887
Mar 1995	59	2,389	16.44	—	$970
Feb 1995	69	2,422	16.58	—	$1,144
Jan 1995	58	2,491	15.92	—	$923
Dec 1994	10	2,769	15.03	—	$150
Nov 1994	56	1,960	15.90	—	$890
Oct 1994	52	2,564	15.58	—	$810
Sep 1994	28	2,327	15.29	—	$428
Aug 1994	34	3,262	16.13	—	$548
Jul 1994	14	2,823	17.56	—	$246
Jun 1994	11	2,654	17.09	—	$188
May 1994	25	3,377	15.88	—	$397
Apr 1994	40	3,372	14.14	—	$566
Mar 1994	37	2,677	12.46	—	$461
Feb 1994	25	2,855	12.50	—	$313
Jan 1994	25	3,157	12.66	—	$317
Dec 1993	42	3,135	12.33	—	$518
Nov 1993	38	2,719	14.49	—	$551
Oct 1993	18	3,313	15.85	—	$285
Sep 1993	47	3,189	15.03	—	$706
Aug 1993	28	2,916	15.66	—	$438
Jul 1993	74	3,479	15.46	—	$1,144
Jun 1993	4	2,739	16.79	—	$67
May 1993	16	2,046	17.68	—	$283
Apr 1993	3	4,002	18.05	—	$54
Mar 1993	6	2,785	18.14	—	$109
Feb 1993	5	1,773	17.90	—	$90
Jan 1993	0	1,342	16.93	—	$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.

Mar 2002 — as filed, then multipliedworked

Condensate             0 bbl  × $ 22.00 =         $0
Gas                  187 Mcf  × $  3.10 =       $580

────────────────────────────────────────────────────
Month total                                     $580

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/19112 is the state's own key, not one this site invented.