BARROW

Operated by RICKS EXPLORATION, INC. (P-5 710578) in the CODY BELL (CANYON) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 43747District 7CField 19303180NGPA filingCondensateGasSaveExport
Value, all time
$27 k
Jan 1993 – Jan 1998
Value, last 12 filed months
$26 k
at the published price for each month
Months reported
61
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 140 leases and 148 wells, and the rule below applies to all of them.

Discovered
1967-04-23
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2003-10-01.

The Commission's schedule remark for this field reads: CONTINUED SUSPENSION OF ALLOCATION FORMULA.

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
NGPA2none

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
CondensateDisposition392 bbl$6,542
GasProduction13,969 Mcf$20,766
Total$27,307

4,445 Mcf of this lease's gas, across 32 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 31.0153, -100.6518. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.01527, -100.65181 · 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
6,597 ft
1 wells filed one
Completion to plug
29.9 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 6,597 ft.

Completions filed
Feb 1968
1 of 1 wells
Plug dates filed
Jan 1998
1 of 1 wells

Last completion to plug: a median of 29.9 years across the 1 well that filed both dates, with the middle half between 29.9 years and 29.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4131040316,597 ftFeb 1968Jan 1998Yes

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 (61)

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

61 months

Jan 199872014.702.15$1,058
Dec 19970016.322.41$0
Nov 19970018.193.09$0
Oct 19970019.253.15$0
Sep 19970017.742.95$0
Aug 19970217.862.55$5
Jul 199771,61817.582.25$3,759
Jun 19971851,75017.242.26$7,140
May 1997191,87418.972.31$4,687
Apr 199771,91717.882.08$4,118
Mar 199741,37118.951.94$2,734
Feb 19972598520.492.21$2,685
Jan 19970723.483.54$25
Dec 19960023.32$0
Nov 19960021.97$0
Oct 19960023.31$0
Sep 19960022.22$0
Aug 19960020.26$0
Jul 19960019.55$0
Jun 19960018.73$0
May 19960019.43$0
Apr 19960021.51$0
Mar 19960019.38$0
Feb 19960016.98$0
Jan 19960017.07$0
Dec 19950017.19$0
Nov 199503916.00$0
Oct 199501615.43$0
Sep 19950016.18$0
Aug 199503415.92$0
Jul 199503815.24$0
Jun 19950016.41$0
May 199506217.56$0
Apr 19950017.73$0
Mar 199504216.44$0
Feb 199506316.58$0
Jan 199503215.92$0
Dec 1994034715.03$0
Nov 199405815.90$0
Oct 199401915.58$0
Sep 199401515.29$0
Aug 199402316.13$0
Jul 199401217.56$0
Jun 199401317.09$0
May 199401015.88$0
Apr 19940214.14$0
Mar 199402112.46$0
Feb 19940612.50$0
Jan 19940612.66$0
Dec 19930412.33$0
Nov 199303014.49$0
Oct 199301415.85$0
Sep 19937319115.03$1,097
Aug 1993039315.66$0
Jul 1993089815.46$0
Jun 199307416.79$0
May 1993021817.68$0
Apr 1993011718.05$0
Mar 1993034418.14$0
Feb 1993060317.90$0
Jan 1993070116.93$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.

Jan 1998 — as filed, then multipliedworked
Condensate            72 bbl  × $ 14.70 =     $1,058
Gas                    0 Mcf  × $  2.15 =         $0

────────────────────────────────────────────────────
Month total                                   $1,058

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/43747 is the state's own key, not one this site invented.