Lease Info

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Lease Info

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The Lease Info Page displays all available information registered with the Texas Comptroller about a given District/Lease ID pair.

 

LeaseInfo

 

TexRev displays the information in a report consisting of Lease Entries of all county, lease and API combinations registered on the Comptroller's Lease Master. You can drill down any line item to view two subreports: Used Registered Drilling Permits and Natural Gas Exemptions.

 

Lease Entry

 

The top level of the Lease Info Report lists each County and API set found for the Lease Number within the District.

 

LeaseEntries

 

 

Fields

 

Each entry consists of the following fields:

 

Typ - Oil or Gas

Dis - District

County - Name and Number

Lease Number - 6 digit number

Lease Name - Name from the RRC

Well - given with oil leases

API - if found

AvailExmp - Number of registered exemption certificates with the Comptroller

Permit - Number of permits found with the Comptroller

End date - Set's end of production according to the Comptroller

 

Cross Referencing APIs with the RRC

 

If the Lease Entry contains an API number, you can click on it to open the API's OPERATOR/WELLBORE page on the Texas Railroad Commission's website. You can use this page to validate information found from the Comptroller's side and see the well's completion and plugging history.

 

Drilling Down

 

If either the AvailExmp or Permit fields shows a count of more than zero, then you can click the Plus Icon plustoggle in the Typ column to view the found exemption certificates and drilling permits

 

 

Used Registered Drilling Permits Subreport

 

The Drilling Permit Subreport shows any permit numbers used that are assigned to the given lease.

 

drill-permit

 

Fields

 

Each entry consists of the following fields:

 

Typ - Oil or Gas

County - Name and Number

Permit Number - 6 digit number

Permit's Lease Name- Name from RRC

Well - Well to which permit is assigned

API - if found

 

Cross Referencing APIs with the RRC

 

If the permit contains an API number, you can click on it to open the API's OPERATOR/WELLBORE page on the Texas Railroad Commission's website. You can use this page to validate information found from the Comptroller's side and see the well's completion and plugging history.

 

Natural Gas Exemptions

 

The Natural Gas Exemptions Subreport shows any exemptions certified with the Comptroller's Office for a given lease.

 

excert

 

The report displays each exemption in a collapsible two column format. One particular field Shiv Om provides is 'Beg date w/o 4 Yr.' With a quick glance at this field you can instantly see the earliest date the exemption is available.  TexRev accounts for the one and two year windows for you.  Read on to learn about the rest of the fields.

 

 

Certificate Fields

 

Each certificate provides some or all of the following information

 

 

Field

Description

Displayed

Src*

Lease Type

Oil or Gas

Always

T

District

District of County

Always

T

Lease Number

RRC ID

Always

T

Lease Name

Description from Comptroller

Always

T

Exemption Type

two digit code identifying exemption

Always

T

Description

Explains the Exemption Type Code

Always

T

Well Number

Well ID

If Available

T

API

API Number

If Available

T

Requester ID

Taxpayer ID which filed the exemption

Always

T

Name

Name of Requester

Always

T

Begin Date

Filing period that the exemption becomes valid

Always

T

End Date

Last Filing period before the exemption expires

Always

T

Beg Date w/o 4 Yr

Shiv Om's automatically calculated true beginning production date of when the exemption is available. This calculation ignores the 4 year statue in case your periods are being held open by an extraneous factor such as audit.

Always

S

Postmark Date

Exemption Postmark Date

Always

T

Comptroller Approv

Comptroller approval date for exemption

Always

T

Certification Effective

RRC certification Date of Approval

If Available

T

RRC Certified

The date RRC certified the lease as eligible for a high cost gas exemption

If Available

T

First Production

First day of the month following the month the lease produced for the first time

If Available

T

Completion Date

The year-month the lease was completed according to RRC records

If Available

T

Spud Date

Can be blank, the year-month drilling started on a new lease, or re-completion of an existing lease

If Available

T

Well Depth

Depth of well in feet

If Available

T

10% Penalty Beg

Calculated beginning date of the 10% penalty window on a high cost exemption, if applicable

Type 5 Only

S

10% Penalty End

Calculated ending date of the 10% penalty window on a high cost exemption, if applicable

Type 5 Only

S

2 Year Window Beg

Calculated beginning date of 2 Year window, if applicable

Type 5 Only

S

2 Year Window End

Calculated Ending date of 2 Year window, if applicable

Type 5 Only

S

1 Year Window Beg

Calculated beginning date of 1 Year window, if applicable

Type 5 Only

S

1 Year Window End

Calculated beginning date of 1 Year window, if applicable

Type 5 Only

S

Postmark 1 Yr by

Last date before the expiration of the opportunity to take an exemption on records within the one year window

Type 5 Only

S

RRC Cert Received

The date RRC certified the lease as eligible for a high

cost gas exemption

Type 5 Only

T

Accum Savings

The actual accumulated savings for the lease, based on any value reported on the lease to the State's office from the beginning date of exemption to the current reporting period.

Type 5 Only

T

Savings Ratio

The "accumulated savings" as compared to 50% of the "total drilling and completion costs" for the lease.

Type 5 Only

T

As of

 

Because the "accumulated savings" and "accumulated savings %" can change anytime a report is filed for the lease, there has to be a date of last calculation that the savings are based on. This would be the "as of" date. The savings you see are based on the values reported on the lease up to the "as of" date.  

Type 5 Only

T

Tax Rate

Calculated by Comptroller’s Office

Type 5 Only

T

Median Cost Amt

The statistical median of drilling and completion costs reported on applications with a postmark date during the previous fiscal year.

Type 5 Only

T

Correction Pending

Exemption Correction Pending Code

Type 5 Only

T

 

** T - Supplied by State of Texas

   S - Calculated by Shiv Om