RIC

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

Operated by DISCOVERY OPERATING, INC. (P-5 220865) in the VELREX, SW. (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 43169District 7CField 93416800NGPA filingGasSave Export

Value, all time

$191 k

Jan 1993 – Nov 2020

Value, last 12 filed months

at the published price for each month

Months reported

335

no gaps in the span

Streams

gas

The VELREX, SW. (WOLFCAMP) 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 7 leases and 7 wells, and the rule below applies to all of them.

Discovered

1966-01-30

as the register files it

Field class

Oil and gas

the register's own label

Between wells

—

no field rule filed

From a lease line

—

no field rule filed

The Commission's schedule remark for this field reads: “ALLOCATION FORMULA EFFECTIVE 03/01/2006.”

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
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
Gas	Production	55,304 Mcf	$191,430
Total			$191,430

9,784 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 30.9882, -100.7220. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.98819, -100.72203 · 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

5,680 ft

1 wells filed one

Completion to plug

54.8 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 5,680 ft.

Completions filed

Jan 1966

1 of 1 wells

Plug dates filed

Nov 2020

1 of 1 wells

Last completion to plug: a median of 54.8 years across the 1 well that filed both dates, with the middle half between 54.8 years and 54.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-41310136	2	5,680 ft	Jan 1966	Nov 2020	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 (335)

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

335 months


Nov 2020	0	38.77	2.71	$0
Oct 2020	0	36.97	2.48	$0
Sep 2020	0	37.09	1.99	$0
Aug 2020	0	39.98	2.39	$0
Jul 2020	0	38.37	1.83	$0
Jun 2020	0	34.90	1.69	$0
May 2020	0	16.92	1.81	$0
Apr 2020	0	14.75	1.80	$0
Mar 2020	0	30.34	1.86	$0
Feb 2020	0	49.88	1.98	$0
Jan 2020	0	57.25	2.09	$0
Dec 2019	0	59.01	2.30	$0
Nov 2019	0	55.30	2.75	$0
Oct 2019	0	53.47	2.42	$0
Sep 2019	0	55.05	2.66	$0
Aug 2019	0	53.11	2.30	$0
Jul 2019	143	56.27	2.46	$352
Jun 2019	143	52.78	2.49	$356
May 2019	130	58.48	2.74	$356
Apr 2019	152	62.63	2.75	$418
Mar 2019	134	56.80	3.06	$410
Feb 2019	131	50.85	2.79	$366
Jan 2019	146	46.03	3.23	$471
Dec 2018	153	46.59	4.19	$640
Nov 2018	158	52.93	4.24	$669
Oct 2018	147	61.44	3.40	$500
Sep 2018	156	59.54	3.11	$485
Aug 2018	153	59.40	3.07	$469
Jul 2018	154	65.14	2.93	$452
Jun 2018	148	60.18	3.08	$455
May 2018	166	65.38	2.90	$482
Apr 2018	94	63.84	2.90	$273
Mar 2018	151	61.22	2.79	$421
Feb 2018	132	61.78	2.77	$365
Jan 2018	112	62.87	4.01	$449
Dec 2017	141	57.27	2.92	$412
Nov 2017	121	55.42	3.12	$377
Oct 2017	142	49.29	2.98	$424
Sep 2017	137	47.52	3.09	$423
Aug 2017	125	45.37	3.00	$376
Jul 2017	143	43.87	3.09	$441
Jun 2017	156	42.49	3.09	$482
May 2017	126	45.37	3.26	$411
Apr 2017	137	47.93	3.21	$440
Mar 2017	143	46.77	2.98	$427
Feb 2017	123	50.45	2.95	$363
Jan 2017	149	49.41	3.42	$509
Dec 2016	154	48.76	3.72	$573
Nov 2016	212	42.49	2.64	$561
Oct 2016	79	46.19	3.09	$244
Sep 2016	201	41.55	3.10	$623
Aug 2016	209	41.44	2.92	$611
Jul 2016	193	41.62	2.92	$564
Jun 2016	197	45.35	2.69	$529
May 2016	208	42.52	1.99	$414
Apr 2016	202	36.56	1.99	$402
Mar 2016	211	33.01	1.79	$379
Feb 2016	189	26.47	2.06	$390
Jan 2016	208	27.35	2.36	$492
Dec 2015	207	32.36	2.00	$414
Nov 2015	203	38.79	2.17	$440
Oct 2015	200	43.55	2.43	$485
Sep 2015	205	42.99	2.76	$565
Aug 2015	214	40.16	2.87	$615
Jul 2015	216	48.15	2.95	$636
Jun 2015	207	56.15	2.88	$597
May 2015	213	55.21	2.96	$630
Apr 2015	207	49.82	2.71	$560
Mar 2015	216	42.89	2.93	$634
Feb 2015	190	44.66	2.98	$565
Jan 2015	211	43.43	3.10	$654
Dec 2014	216	54.69	3.59	$776
Nov 2014	208	70.46	4.25	$884
Oct 2014	219	78.30	3.90	$854
Sep 2014	215	86.16	4.05	$870
Aug 2014	224	89.39	4.04	$904
Jul 2014	225	96.56	4.18	$940
Jun 2014	69	98.16	4.74	$327
May 2014	70	94.73	4.73	$331
Apr 2014	65	95.94	4.81	$313
Mar 2014	118	95.89	5.06	$597
Feb 2014	160	97.40	6.19	$991
Jan 2014	178	90.40	4.86	$865
Dec 2013	156	91.82	4.35	$679
Nov 2013	149	88.85	3.74	$557
Oct 2013	174	97.42	3.78	$658
Sep 2013	106	104.11	3.72	$394
Aug 2013	153	104.25	3.52	$539
Jul 2013	146	102.52	3.72	$543
Jun 2013	68	94.40	3.93	$267
May 2013	103	94.83	4.15	$427
Apr 2013	162	93.96	4.28	$694
Mar 2013	54	93.62	3.91	$211
Feb 2013	155	91.23	3.42	$530
Jan 2013	255	91.60	3.42	$872
Dec 2012	256	86.77	3.42	$876
Nov 2012	277	86.95	3.62	$1,004
Oct 2012	254	89.38	3.40	$864
Sep 2012	206	94.67	2.92	$601
Aug 2012	266	92.66	2.91	$774
Jul 2012	263	85.13	3.02	$794
Jun 2012	250	79.82	2.52	$630
May 2012	308	91.61	2.49	$766
Apr 2012	187	101.65	2.00	$373
Mar 2012	270	105.05	2.22	$600
Feb 2012	328	101.10	2.57	$843
Jan 2012	206	98.09	2.73	$563
Dec 2011	286	96.87	3.24	$927
Nov 2011	270	95.72	3.31	$894
Oct 2011	273	84.98	3.65	$996
Sep 2011	264	83.62	3.99	$1,052
Aug 2011	297	83.40	4.15	$1,232
Jul 2011	307	94.14	4.52	$1,387
Jun 2011	302	92.90	4.64	$1,401
May 2011	315	98.13	4.40	$1,388
Apr 2011	307	105.96	4.33	$1,330
Mar 2011	317	96.36	4.06	$1,286
Feb 2011	270	85.64	4.18	$1,129
Jan 2011	315	86.50	4.59	$1,445
Dec 2010	316	85.73	4.35	$1,374
Nov 2010	191	80.84	3.80	$725
Oct 2010	174	78.10	3.51	$611
Sep 2010	194	72.63	3.98	$772
Aug 2010	204	73.68	4.42	$902
Jul 2010	194	72.55	4.74	$919
Jun 2010	191	70.36	4.91	$938
May 2010	175	71.12	4.24	$741
Apr 2010	199	81.69	4.12	$820
Mar 2010	215	78.39	4.39	$944
Feb 2010	186	73.58	5.44	$1,012
Jan 2010	96	74.36	5.96	$573
Dec 2009	105	71.44	5.48	$576
Nov 2009	109	74.59	3.75	$409
Oct 2009	118	72.54	4.11	$485
Sep 2009	133	65.54	3.06	$408
Aug 2009	163	67.42	3.22	$525
Jul 2009	117	61.13	3.46	$405
Jun 2009	165	66.16	3.90	$643
May 2009	169	54.74	3.93	$663
Apr 2009	159	46.77	3.59	$570
Mar 2009	167	42.14	4.06	$678
Feb 2009	150	32.81	4.63	$695
Jan 2009	165	35.86	5.37	$886
Dec 2008	166	37.10	5.98	$992
Nov 2008	164	55.49	6.86	$1,125
Oct 2008	164	75.24	6.92	$1,135
Sep 2008	128	101.76	7.88	$1,008
Aug 2008	177	114.22	8.48	$1,501
Jul 2008	163	131.08	11.39	$1,856
Jun 2008	115	131.33	13.03	$1,499
May 2008	164	123.17	11.57	$1,898
Apr 2008	162	110.31	10.45	$1,694
Mar 2008	136	101.90	9.66	$1,314
Feb 2008	130	92.53	8.77	$1,140
Jan 2008	102	90.38	8.21	$837
Dec 2007	114	88.33	7.30	$832
Nov 2007	128	91.67	7.29	$933
Oct 2007	94	82.85	6.92	$651
Sep 2007	127	75.84	6.24	$793
Aug 2007	133	69.06	6.39	$850
Jul 2007	134	70.90	6.39	$856
Jun 2007	127	62.00	7.55	$959
May 2007	121	58.74	7.85	$949
Apr 2007	129	59.61	7.81	$1,007
Mar 2007	135	56.92	7.30	$986
Feb 2007	119	55.10	8.22	$978
Jan 2007	113	50.30	6.73	$760
Dec 2006	135	56.65	6.92	$934
Nov 2006	136	54.20	7.62	$1,036
Oct 2006	143	54.90	6.01	$860
Sep 2006	130	60.08	5.04	$655
Aug 2006	142	68.71	7.34	$1,042
Jul 2006	123	69.37	6.34	$780
Jun 2006	135	66.28	6.38	$862
May 2006	138	66.01	6.42	$887
Apr 2006	130	64.39	7.36	$957
Mar 2006	134	56.70	7.08	$949
Feb 2006	115	57.59	7.75	$891
Jan 2006	133	60.59	8.93	$1,188
Dec 2005	134	54.94	13.42	$1,798
Nov 2005	133	54.69	10.59	$1,408
Oct 2005	139	58.34	13.80	$1,918
Sep 2005	130	61.45	12.08	$1,570
Aug 2005	136	61.51	9.80	$1,332
Jul 2005	136	55.69	7.84	$1,067
Jun 2005	136	52.33	7.38	$1,004
May 2005	134	45.22	6.65	$891
Apr 2005	136	49.20	7.36	$1,001
Mar 2005	136	50.37	7.15	$973
Feb 2005	123	45.22	6.31	$776
Jan 2005	128	43.16	6.32	$809
Dec 2004	138	39.86	6.75	$932
Nov 2004	136	45.28	6.33	$861
Oct 2004	139	49.70	6.52	$906
Sep 2004	132	43.24	5.28	$697
Aug 2004	143	42.37	5.55	$794
Jul 2004	142	38.28	6.08	$864
Jun 2004	138	36.10	6.43	$888
May 2004	138	37.48	6.49	$896
Apr 2004	136	34.47	5.86	$797
Mar 2004	144	34.36	5.53	$796
Feb 2004	136	32.45	5.51	$749
Jan 2004	139	32.03	6.30	$876
Dec 2003	144	30.26	6.30	$907
Nov 2003	139	28.80	4.60	$639
Oct 2003	146	28.17	4.76	$695
Sep 2003	141	26.31	4.75	$670
Aug 2003	140	29.76	5.13	$718
Jul 2003	140	29.41	5.17	$724
Jun 2003	148	28.56	5.98	$885
May 2003	162	26.59	5.97	$968
Apr 2003	133	26.67	5.41	$719
Mar 2003	128	31.14	6.10	$780
Feb 2003	125	33.48	7.93	$991
Jan 2003	138	30.31	5.58	$770
Dec 2002	138	26.91	4.85	$670
Nov 2002	273	24.66	4.14	$1,129
Oct 2002	296	26.46	4.23	$1,252
Sep 2002	210	27.44	3.64	$763
Aug 2002	145	25.96	3.16	$459
Jul 2002	147	24.58	3.06	$450
Jun 2002	142	23.73	3.34	$474
May 2002	125	24.66	3.58	$448
Apr 2002	139	23.65	3.51	$488
Mar 2002	143	22.00	3.10	$444
Feb 2002	135	18.22	2.38	$321
Jan 2002	148	17.17	2.38	$352
Dec 2001	137	16.93	2.36	$324
Nov 2001	142	18.07	2.41	$342
Oct 2001	149	19.78	2.53	$377
Sep 2001	127	24.26	2.25	$286
Aug 2001	124	24.87	3.05	$379
Jul 2001	124	23.93	3.20	$396
Jun 2001	120	24.56	3.82	$459
May 2001	155	25.52	4.31	$668
Apr 2001	149	24.68	5.34	$795
Mar 2001	154	24.54	5.38	$828
Feb 2001	140	27.75	5.77	$807
Jan 2001	155	27.47	8.40	$1,302
Dec 2000	152	26.88	9.12	$1,387
Nov 2000	150	32.21	5.66	$849
Oct 2000	155	31.23	5.15	$798
Sep 2000	150	31.87	5.19	$778
Aug 2000	155	29.64	4.54	$704
Jul 2000	155	28.53	4.09	$634
Jun 2000	150	29.30	4.40	$660
May 2000	133	27.26	3.68	$489
Apr 2000	156	24.51	3.12	$486
Mar 2000	166	28.42	2.86	$475
Feb 2000	166	27.62	2.73	$453
Jan 2000	209	25.27	2.48	$518
Dec 1999	157	24.28	2.42	$381
Nov 1999	164	23.19	2.43	$399
Oct 1999	177	20.98	2.80	$496
Sep 1999	176	21.75	2.62	$461
Aug 1999	161	19.26	2.88	$463
Jul 1999	182	17.89	2.37	$432
Jun 1999	145	15.94	2.36	$343
May 1999	181	15.79	2.32	$420
Apr 1999	173	15.10	2.21	$382
Mar 1999	200	12.47	1.84	$368
Feb 1999	139	9.98	1.82	$253
Jan 1999	174	10.38	1.90	$331
Dec 1998	177	9.20	1.77	$314
Nov 1998	179	10.89	2.19	$391
Oct 1998	204	12.42	1.97	$402
Sep 1998	193	12.59	2.08	$402
Aug 1998	201	11.30	1.91	$383
Jul 1998	177	11.74	2.24	$396
Jun 1998	160	11.24	2.24	$358
May 1998	233	12.62	2.21	$514
Apr 1998	209	13.04	2.51	$524
Mar 1998	213	12.80	2.31	$492
Feb 1998	178	13.95	2.30	$409
Jan 1998	209	14.70	2.15	$450
Dec 1997	198	16.32	2.41	$477
Nov 1997	189	18.19	3.09	$584
Oct 1997	196	19.25	3.15	$617
Sep 1997	194	17.74	2.95	$573
Aug 1997	200	17.86	2.55	$511
Jul 1997	203	17.58	2.25	$456
Jun 1997	197	17.24	2.26	$445
May 1997	225	18.97	2.31	$519
Apr 1997	187	17.88	2.08	$389
Mar 1997	198	18.95	1.94	$384
Feb 1997	175	20.49	2.21	$386
Jan 1997	202	23.48	3.54	$715
Dec 1996	183	23.32	—	$0
Nov 1996	175	21.97	—	$0
Oct 1996	186	23.31	—	$0
Sep 1996	188	22.22	—	$0
Aug 1996	200	20.26	—	$0
Jul 1996	203	19.55	—	$0
Jun 1996	197	18.73	—	$0
May 1996	205	19.43	—	$0
Apr 1996	212	21.51	—	$0
Mar 1996	213	19.38	—	$0
Feb 1996	183	16.98	—	$0
Jan 1996	194	17.07	—	$0
Dec 1995	202	17.19	—	$0
Nov 1995	204	16.00	—	$0
Oct 1995	183	15.43	—	$0
Sep 1995	187	16.18	—	$0
Aug 1995	199	15.92	—	$0
Jul 1995	192	15.24	—	$0
Jun 1995	139	16.41	—	$0
May 1995	202	17.56	—	$0
Apr 1995	214	17.73	—	$0
Mar 1995	212	16.44	—	$0
Feb 1995	182	16.58	—	$0
Jan 1995	205	15.92	—	$0
Dec 1994	211	15.03	—	$0
Nov 1994	203	15.90	—	$0
Oct 1994	199	15.58	—	$0
Sep 1994	195	15.29	—	$0
Aug 1994	202	16.13	—	$0
Jul 1994	205	17.56	—	$0
Jun 1994	199	17.09	—	$0
May 1994	204	15.88	—	$0
Apr 1994	218	14.14	—	$0
Mar 1994	227	12.46	—	$0
Feb 1994	226	12.50	—	$0
Jan 1994	228	12.66	—	$0
Dec 1993	219	12.33	—	$0
Nov 1993	222	14.49	—	$0
Oct 1993	215	15.85	—	$0
Sep 1993	203	15.03	—	$0
Aug 1993	219	15.66	—	$0
Jul 1993	198	15.46	—	$0
Jun 1993	208	16.79	—	$0
May 1993	230	17.68	—	$0
Apr 1993	223	18.05	—	$0
Mar 1993	233	18.14	—	$0
Feb 1993	207	17.90	—	$0
Jan 1993	230	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.

Jul 2019 — as filed, then multipliedworked

Gas                  143 Mcf  × $  2.46 =       $352

────────────────────────────────────────────────────
Month total                                     $352

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/43169 is the state's own key, not one this site invented.