KINCAID, A. R. TRUST

Name: KINCAID, A. R. TRUST lease production and value, Aug 1997 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.

Oil lease lease 14631District 7CField 67998075OilCasinghead gasSave Export

Value, all time

$342 k

Aug 1997 – Oct 2001

Value, last 12 filed months

$39 k

at the published price for each month

Months reported

no gaps in the span

Streams

oil, casinghead 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
Oil	Disposition	5,895 bbl	$105,075
Casinghead gas	Production	84,760 Mcf	$237,100
Total			$342,174

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 30.6750, -101.1983. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.67499, -101.19831 · 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

6,582 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 6,582 ft.

Completions filed

Mar 2001

1 of 1 wells

1 well


42-10537642	19	6,582 ft	Mar 2001	—	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 (51)

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

51 months


Oct 2001	0	0	19.78	2.53	$0
Sep 2001	0	0	24.26	2.25	$0
Aug 2001	0	0	24.87	3.05	$0
Jul 2001	0	0	23.93	3.20	$0
Jun 2001	0	0	24.56	3.82	$0
May 2001	0	0	25.52	4.31	$0
Apr 2001	0	0	24.68	5.34	$0
Mar 2001	12	681	24.54	5.38	$3,956
Feb 2001	84	705	27.75	5.77	$6,397
Jan 2001	96	802	27.47	8.40	$9,373
Dec 2000	91	994	26.88	9.12	$11,514
Nov 2000	76	962	32.21	5.66	$7,891
Oct 2000	83	1,210	31.23	5.15	$8,818
Sep 2000	66	1,222	31.87	5.19	$8,441
Aug 2000	71	1,131	29.64	4.54	$7,240
Jul 2000	74	1,217	28.53	4.09	$7,088
Jun 2000	66	1,335	29.30	4.40	$7,804
May 2000	100	1,644	27.26	3.68	$8,776
Apr 2000	115	1,781	24.51	3.12	$8,368
Mar 2000	109	1,999	28.42	2.86	$8,814
Feb 2000	90	2,014	27.62	2.73	$7,977
Jan 2000	97	2,122	25.27	2.48	$7,715
Dec 1999	78	1,802	24.28	2.42	$6,261
Nov 1999	81	1,809	23.19	2.43	$6,281
Oct 1999	137	1,918	20.98	2.80	$8,252
Sep 1999	185	1,648	21.75	2.62	$8,340
Aug 1999	168	1,676	19.26	2.88	$8,055
Jul 1999	153	2,005	17.89	2.37	$7,494
Jun 1999	139	1,902	15.94	2.36	$6,708
May 1999	144	1,972	15.79	2.32	$6,851
Apr 1999	116	2,051	15.10	2.21	$6,280
Mar 1999	131	2,858	12.47	1.84	$6,888
Feb 1999	86	2,357	9.98	1.82	$5,143
Jan 1999	182	2,422	10.38	1.90	$6,491
Dec 1998	255	2,253	9.20	1.77	$6,341
Nov 1998	138	2,243	10.89	2.19	$6,405
Oct 1998	172	2,327	12.42	1.97	$6,719
Sep 1998	122	2,317	12.59	2.08	$6,361
Aug 1998	141	2,386	11.30	1.91	$6,144
Jul 1998	176	2,487	11.74	2.24	$7,630
Jun 1998	167	2,405	11.24	2.24	$7,258
May 1998	160	2,237	12.62	2.21	$6,955
Apr 1998	154	2,457	13.04	2.51	$8,164
Mar 1998	165	2,765	12.80	2.31	$8,498
Feb 1998	151	2,550	13.95	2.30	$7,969
Jan 1998	237	2,783	14.70	2.15	$9,481
Dec 1997	198	2,746	16.32	2.41	$9,852
Nov 1997	283	2,636	18.19	3.09	$13,288
Oct 1997	249	2,835	19.25	3.15	$13,723
Sep 1997	297	2,490	17.74	2.95	$12,626
Aug 1997	0	604	17.86	2.55	$1,543

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 2001 — as filed, then multipliedworked

Oil                   12 bbl  × $ 24.54 =       $294
Casinghead gas       681 Mcf  × $  5.38 =     $3,661

────────────────────────────────────────────────────
Month total                                   $3,956

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/14631 is the state's own key, not one this site invented.