LAYDEN, PETE

Operated by KEN PETROLEUM CORPORATION (P-5 455775) in the LOST BRIDGE (YEGUA 7900) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 121276District 02Field 55026700NGPA filingCondensateGasSaveExport
Value, all time
$473 k
Jan 1993 – Mar 2006
Value, last 12 filed months
$0
at the published price for each month
Months reported
159
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 2 leases and 2 wells, and the rule below applies to all of them.

Discovered
1986-04-05
as the register files it
Field class
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: MADE 100 % AOF 9/1/93

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
NGPA1none

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
CondensateDisposition10,225 bbl$172,315
GasProduction773,829 Mcf$300,405
Total$472,720

650,111 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 29.0005, -96.7255. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

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
9,230 ft
1 wells filed one
Completion to plug
4.8 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 9,230 ft.

Completions filed
Mar 2006
1 of 1 wells
Plug dates filed
Dec 2010
1 of 1 wells

Last completion to plug: a median of 4.8 years across the 1 well that filed both dates, with the middle half between 4.8 years and 4.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2393227119,230 ftMar 2006Dec 2010Yes

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 (159)

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

159 months

Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 199916010.381.90$166
Dec 1998512379.201.77$889
Nov 19980110.892.19$2
Oct 19984292912.421.97$2,351
Sep 1998202,47012.592.08$5,396
Aug 1998154,18411.301.91$8,150
Jul 1998124,90911.742.24$11,124
Jun 199845,12911.242.24$11,520
May 19981744,72012.622.21$12,610
Apr 1998484,63613.042.51$12,241
Mar 1998434,89412.802.31$11,853
Feb 1998103,95813.952.30$9,239
Jan 1998134,28814.702.15$9,431
Dec 19973253,93716.322.41$14,797
Nov 199704,96418.193.09$15,330
Oct 199785,96619.253.15$18,946
Sep 199706,26117.742.95$18,501
Aug 199707,01317.862.55$17,916
Jul 19971717,40817.582.25$19,652
Jun 199737,07517.242.26$16,021
May 19971737,32018.972.31$20,180
Apr 199796,95417.882.08$14,645
Mar 1997108,50618.951.94$16,684
Feb 19971759,89020.492.21$25,402
Jan 19971898,06923.483.54$33,000
Dec 1996368,77623.32$840
Nov 1996739,31221.97$1,604
Oct 19961729,74323.31$4,009
Sep 19961989,92522.22$4,400
Aug 19962612,00020.26$527
Jul 199617510,75819.55$3,421
Jun 199620210,41918.73$3,783
May 199617410,64119.43$3,381
Apr 199617210,91521.51$3,700
Mar 199623812,73319.38$4,612
Feb 199621213,00516.98$3,600
Jan 199620815,01817.07$3,551
Dec 199517414,93617.19$2,991
Nov 199519115,76816.00$3,056
Oct 199518415,71615.43$2,839
Sep 199519416,10316.18$3,139
Aug 199517216,79415.92$2,738
Jul 199534116,56215.24$5,197
Jun 199519417,75716.41$3,184
May 199518619,08417.56$3,266
Apr 199539120,42317.73$6,932
Mar 199518420,70716.44$3,025
Feb 199538420,80716.58$6,367
Jan 199516926,71415.92$2,690
Dec 199434722,62315.03$5,215
Nov 199437817,60215.90$6,010
Oct 199434817,72015.58$5,422
Sep 1994412,26815.29$61
Aug 199419710,22816.13$3,178
Jul 1994497,97417.56$860
Jun 19942087,80217.09$3,555
May 19941888,76215.88$2,985
Apr 1994118,47614.14$156
Mar 19942039,34412.46$2,529
Feb 199418310,48712.50$2,288
Jan 1994219,49012.66$266
Dec 19931928,96812.33$2,367
Nov 19931599,68414.49$2,304
Oct 199317610,13115.85$2,790
Sep 199399,83115.03$135
Aug 199316711,00615.66$2,615
Jul 199319511,02015.46$3,015
Jun 199318612,28516.79$3,123
May 199317415,22017.68$3,076
Apr 199316314,66718.05$2,942
Mar 199317016,67218.14$3,084
Feb 199316515,73317.90$2,954
Jan 199317117,50216.93$2,895

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 1999 — as filed, then multipliedworked
Condensate            16 bbl  × $ 10.38 =       $166
Gas                    0 Mcf  × $  1.90 =         $0

────────────────────────────────────────────────────
Month total                                     $166

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. 02/G/121276 is the state's own key, not one this site invented.