UT-7

Name: UT-7 lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by MEADCO PROPERTIES (P-5 556500) in the ANDREW A. (CANYON) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 10142District 7CField 02718400NGPA filingOilCasinghead gasSave Export

Value, all time

$265 k

Jan 1993 – Sep 2003

Value, last 12 filed months

$1 k

at the published price for each month

Months reported

129

no gaps in the span

Streams

oil, casinghead gas

The ANDREW A. (CANYON) 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 201 leases and 267 wells, and the rule below applies to all of them.

Discovered

1977-05-13

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 80 acres. The field rule took effect on 1993-12-13.

The Commission's schedule remark for this field reads: “RULES CORRECTED FROM OPTIONAL 80 A TO OPTIONAL 160AC 5/14/02 GN”

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	2	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
Oil	Disposition	11,737 bbl	$203,361
Casinghead gas	Production	52,879 Mcf	$61,592
Total			$264,954

30,421 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 31.4065, -100.9981. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.40646, -100.99810 · 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

7,540 ft

1 wells filed one

Completion to plug

19.5 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 7,540 ft.

Completions filed

Apr 1983

1 of 1 wells

Plug dates filed

Oct 2002

1 of 1 wells

Last completion to plug: a median of 19.5 years across the 1 well that filed both dates, with the middle half between 19.5 years and 19.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-23531691	1	7,540 ft	Apr 1983	Oct 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 (129)

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

129 months


Sep 2003	0	0	26.31	4.75	$0
Aug 2003	0	0	29.76	5.13	$0
Jul 2003	0	0	29.41	5.17	$0
Jun 2003	0	0	28.56	5.98	$0
May 2003	0	0	26.59	5.97	$0
Apr 2003	0	0	26.67	5.41	$0
Mar 2003	0	0	31.14	6.10	$0
Feb 2003	0	0	33.48	7.93	$0
Jan 2003	0	0	30.31	5.58	$0
Dec 2002	42	0	26.91	4.85	$1,130
Nov 2002	0	0	24.66	4.14	$0
Oct 2002	0	0	26.46	4.23	$0
Sep 2002	0	0	27.44	3.64	$0
Aug 2002	0	27	25.96	3.16	$85
Jul 2002	0	0	24.58	3.06	$0
Jun 2002	1	0	23.73	3.34	$24
May 2002	0	122	24.66	3.58	$437
Apr 2002	158	103	23.65	3.51	$4,098
Mar 2002	0	195	22.00	3.10	$605
Feb 2002	0	126	18.22	2.38	$299
Jan 2002	0	334	17.17	2.38	$793
Dec 2001	178	184	16.93	2.36	$3,449
Nov 2001	0	158	18.07	2.41	$380
Oct 2001	0	200	19.78	2.53	$506
Sep 2001	0	252	24.26	2.25	$567
Aug 2001	0	297	24.87	3.05	$907
Jul 2001	176	253	23.93	3.20	$5,021
Jun 2001	0	166	24.56	3.82	$635
May 2001	0	277	25.52	4.31	$1,193
Apr 2001	0	202	24.68	5.34	$1,078
Mar 2001	0	224	24.54	5.38	$1,204
Feb 2001	180	206	27.75	5.77	$6,183
Jan 2001	0	103	27.47	8.40	$865
Dec 2000	0	108	26.88	9.12	$985
Nov 2000	0	213	32.21	5.66	$1,205
Oct 2000	183	161	31.23	5.15	$6,544
Sep 2000	0	211	31.87	5.19	$1,094
Aug 2000	0	38	29.64	4.54	$173
Jul 2000	0	29	28.53	4.09	$119
Jun 2000	0	320	29.30	4.40	$1,407
May 2000	175	355	27.26	3.68	$6,077
Apr 2000	0	421	24.51	3.12	$1,312
Mar 2000	0	461	28.42	2.86	$1,318
Feb 2000	0	330	27.62	2.73	$900
Jan 2000	181	67	25.27	2.48	$4,740
Dec 1999	0	61	24.28	2.42	$148
Nov 1999	0	342	23.19	2.43	$832
Oct 1999	0	286	20.98	2.80	$802
Sep 1999	0	737	21.75	2.62	$1,930
Aug 1999	178	451	19.26	2.88	$4,725
Jul 1999	0	734	17.89	2.37	$1,741
Jun 1999	178	334	15.94	2.36	$3,626
May 1999	0	505	15.79	2.32	$1,172
Apr 1999	0	299	15.10	2.21	$660
Mar 1999	0	117	12.47	1.84	$215
Feb 1999	0	25	9.98	1.82	$45
Jan 1999	0	16	10.38	1.90	$30
Dec 1998	0	352	9.20	1.77	$624
Nov 1998	182	450	10.89	2.19	$2,966
Oct 1998	0	479	12.42	1.97	$943
Sep 1998	0	503	12.59	2.08	$1,048
Aug 1998	179	1,743	11.30	1.91	$5,347
Jul 1998	0	503	11.74	2.24	$1,125
Jun 1998	0	372	11.24	2.24	$832
May 1998	184	284	12.62	2.21	$2,949
Apr 1998	0	317	13.04	2.51	$794
Mar 1998	182	334	12.80	2.31	$3,101
Feb 1998	0	330	13.95	2.30	$759
Jan 1998	176	454	14.70	2.15	$3,565
Dec 1997	0	491	16.32	2.41	$1,184
Nov 1997	0	403	18.19	3.09	$1,245
Oct 1997	183	539	19.25	3.15	$5,221
Sep 1997	0	627	17.74	2.95	$1,853
Aug 1997	179	362	17.86	2.55	$4,122
Jul 1997	0	551	17.58	2.25	$1,238
Jun 1997	0	526	17.24	2.26	$1,187
May 1997	181	581	18.97	2.31	$4,775
Apr 1997	0	671	17.88	2.08	$1,398
Mar 1997	0	603	18.95	1.94	$1,169
Feb 1997	186	437	20.49	2.21	$4,775
Jan 1997	0	496	23.48	3.54	$1,756
Dec 1996	183	491	23.32	—	$4,268
Nov 1996	0	322	21.97	—	$0
Oct 1996	186	394	23.31	—	$4,336
Sep 1996	0	371	22.22	—	$0
Aug 1996	177	349	20.26	—	$3,586
Jul 1996	184	282	19.55	—	$3,597
Jun 1996	0	361	18.73	—	$0
May 1996	180	588	19.43	—	$3,497
Apr 1996	0	431	21.51	—	$0
Mar 1996	183	541	19.38	—	$3,547
Feb 1996	0	776	16.98	—	$0
Jan 1996	181	1,090	17.07	—	$3,090
Dec 1995	157	610	17.19	—	$2,699
Nov 1995	180	503	16.00	—	$2,880
Oct 1995	178	709	15.43	—	$2,747
Sep 1995	0	651	16.18	—	$0
Aug 1995	153	546	15.92	—	$2,436
Jul 1995	186	564	15.24	—	$2,835
Jun 1995	178	605	16.41	—	$2,921
May 1995	363	713	17.56	—	$6,374
Apr 1995	0	414	17.73	—	$0
Mar 1995	179	396	16.44	—	$2,943
Feb 1995	183	620	16.58	—	$3,034
Jan 1995	174	725	15.92	—	$2,770
Dec 1994	363	1,159	15.03	—	$5,456
Nov 1994	0	14	15.90	—	$0
Oct 1994	180	423	15.58	—	$2,804
Sep 1994	177	960	15.29	—	$2,706
Aug 1994	177	898	16.13	—	$2,855
Jul 1994	181	847	17.56	—	$3,178
Jun 1994	190	904	17.09	—	$3,247
May 1994	365	1,233	15.88	—	$5,796
Apr 1994	186	1,210	14.14	—	$2,630
Mar 1994	180	1,243	12.46	—	$2,243
Feb 1994	180	789	12.50	—	$2,250
Jan 1994	181	1,056	12.66	—	$2,291
Dec 1993	365	899	12.33	—	$4,500
Nov 1993	188	639	14.49	—	$2,724
Oct 1993	179	553	15.85	—	$2,837
Sep 1993	365	440	15.03	—	$5,486
Aug 1993	178	501	15.66	—	$2,787
Jul 1993	177	591	15.46	—	$2,736
Jun 1993	183	658	16.79	—	$3,073
May 1993	183	489	17.68	—	$3,235
Apr 1993	184	473	18.05	—	$3,321
Mar 1993	371	499	18.14	—	$6,730
Feb 1993	185	523	17.90	—	$3,312
Jan 1993	352	368	16.93	—	$5,959

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 2002 — as filed, then multipliedworked

Oil                   42 bbl  × $ 26.91 =     $1,130
Casinghead gas         0 Mcf  × $  4.85 =         $0

────────────────────────────────────────────────────
Month total                                   $1,130

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/O/10142 is the state's own key, not one this site invented.