WALLACE

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

Operated by DYNAMIC PRODUCTION, INC. (P-5 237926) in the MT. LUCAS (V-4 SAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 126367District 02Field 63354351CondensateGasSave Export

Value, all time

$192 k

Jan 1993 – Jun 2009

Value, last 12 filed months

$2 k

at the published price for each month

Months reported

198

no gaps in the span

Streams

condensate, gas

The MT. LUCAS (V-4 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 10 leases and 14 wells, and the rule below applies to all of them.

Discovered

1955-12-13

as the register files it

Field class

Oil and 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: “AOF-1 AND AOF-2 EFFECTIVE 09/01/2005.”

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
Condensate	Disposition	252 bbl	$6,976
Gas	Production	83,489 Mcf	$184,760
Total			$191,735

39,477 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 28.2248, -97.8796. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.22479, -97.87960 · 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

5,018 ft

1 wells filed one

Completion to plug

27.6 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 5,018 ft.

Completions filed

Nov 1981

1 of 1 wells

Plug dates filed

Jun 2009

1 of 1 wells

Last completion to plug: a median of 27.6 years across the 1 well that filed both dates, with the middle half between 27.6 years and 27.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-29732699	6	5,018 ft	Nov 1981	Jun 2009	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 (198)

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

198 months


Jun 2009	0	0	66.16	3.90	$0
May 2009	0	0	54.74	3.93	$0
Apr 2009	0	0	46.77	3.59	$0
Mar 2009	0	0	42.14	4.06	$0
Feb 2009	0	0	32.81	4.63	$0
Jan 2009	0	0	35.86	5.37	$0
Dec 2008	0	0	37.10	5.98	$0
Nov 2008	0	0	55.49	6.86	$0
Oct 2008	0	43	75.24	6.92	$298
Sep 2008	0	43	101.76	7.88	$339
Aug 2008	0	53	114.22	8.48	$450
Jul 2008	0	63	131.08	11.39	$718
Jun 2008	0	78	131.33	13.03	$1,017
May 2008	0	68	123.17	11.57	$787
Apr 2008	0	67	110.31	10.45	$700
Mar 2008	0	103	101.90	9.66	$995
Feb 2008	0	80	92.53	8.77	$702
Jan 2008	0	83	90.38	8.21	$681
Dec 2007	0	107	88.33	7.30	$781
Nov 2007	0	134	91.67	7.29	$977
Oct 2007	0	70	82.85	6.92	$485
Sep 2007	0	58	75.84	6.24	$362
Aug 2007	0	174	69.06	6.39	$1,112
Jul 2007	0	80	70.90	6.39	$511
Jun 2007	0	154	62.00	7.55	$1,162
May 2007	0	126	58.74	7.85	$989
Apr 2007	0	126	59.61	7.81	$983
Mar 2007	0	129	56.92	7.30	$942
Feb 2007	0	125	55.10	8.22	$1,027
Jan 2007	0	99	50.30	6.73	$666
Dec 2006	0	82	56.65	6.92	$567
Nov 2006	0	122	54.20	7.62	$929
Oct 2006	0	98	54.90	6.01	$589
Sep 2006	0	127	60.08	5.04	$640
Aug 2006	0	73	68.71	7.34	$536
Jul 2006	0	92	69.37	6.34	$584
Jun 2006	0	141	66.28	6.38	$900
May 2006	0	142	66.01	6.42	$912
Apr 2006	0	147	64.39	7.36	$1,082
Mar 2006	0	135	56.70	7.08	$956
Feb 2006	0	196	57.59	7.75	$1,519
Jan 2006	0	240	60.59	8.93	$2,144
Dec 2005	0	274	54.94	13.42	$3,676
Nov 2005	0	238	54.69	10.59	$2,520
Oct 2005	0	189	58.34	13.80	$2,607
Sep 2005	0	209	61.45	12.08	$2,525
Aug 2005	0	234	61.51	9.80	$2,292
Jul 2005	0	208	55.69	7.84	$1,631
Jun 2005	0	201	52.33	7.38	$1,484
May 2005	0	191	45.22	6.65	$1,270
Apr 2005	0	210	49.20	7.36	$1,546
Mar 2005	0	640	50.37	7.15	$4,579
Feb 2005	0	188	45.22	6.31	$1,187
Jan 2005	0	204	43.16	6.32	$1,290
Dec 2004	0	251	39.86	6.75	$1,695
Nov 2004	0	204	45.28	6.33	$1,291
Oct 2004	0	229	49.70	6.52	$1,492
Sep 2004	0	256	43.24	5.28	$1,353
Aug 2004	91	200	42.37	5.55	$4,966
Jul 2004	0	308	38.28	6.08	$1,874
Jun 2004	0	217	36.10	6.43	$1,396
May 2004	0	231	37.48	6.49	$1,500
Apr 2004	0	454	34.47	5.86	$2,660
Mar 2004	0	235	34.36	5.53	$1,300
Feb 2004	0	247	32.45	5.51	$1,361
Jan 2004	0	196	32.03	6.30	$1,235
Dec 2003	0	172	30.26	6.30	$1,084
Nov 2003	0	297	28.80	4.60	$1,365
Oct 2003	0	263	28.17	4.76	$1,252
Sep 2003	0	125	26.31	4.75	$594
Aug 2003	0	314	29.76	5.13	$1,611
Jul 2003	0	344	29.41	5.17	$1,779
Jun 2003	0	281	28.56	5.98	$1,681
May 2003	0	232	26.59	5.97	$1,386
Apr 2003	0	252	26.67	5.41	$1,363
Mar 2003	0	233	31.14	6.10	$1,420
Feb 2003	0	144	33.48	7.93	$1,141
Jan 2003	0	82	30.31	5.58	$458
Dec 2002	0	141	26.91	4.85	$684
Nov 2002	0	264	24.66	4.14	$1,092
Oct 2002	0	346	26.46	4.23	$1,463
Sep 2002	0	362	27.44	3.64	$1,316
Aug 2002	0	330	25.96	3.16	$1,044
Jul 2002	0	364	24.58	3.06	$1,114
Jun 2002	0	270	23.73	3.34	$901
May 2002	0	366	24.66	3.58	$1,312
Apr 2002	0	287	23.65	3.51	$1,008
Mar 2002	0	284	22.00	3.10	$881
Feb 2002	0	205	18.22	2.38	$487
Jan 2002	0	274	17.17	2.38	$651
Dec 2001	0	285	16.93	2.36	$674
Nov 2001	0	390	18.07	2.41	$938
Oct 2001	0	400	19.78	2.53	$1,012
Sep 2001	0	291	24.26	2.25	$655
Aug 2001	0	364	24.87	3.05	$1,111
Jul 2001	0	361	23.93	3.20	$1,154
Jun 2001	0	445	24.56	3.82	$1,702
May 2001	0	485	25.52	4.31	$2,089
Apr 2001	0	464	24.68	5.34	$2,476
Mar 2001	0	441	24.54	5.38	$2,371
Feb 2001	0	444	27.75	5.77	$2,561
Jan 2001	0	476	27.47	8.40	$3,998
Dec 2000	0	493	26.88	9.12	$4,497
Nov 2000	0	403	32.21	5.66	$2,280
Oct 2000	0	265	31.23	5.15	$1,364
Sep 2000	0	280	31.87	5.19	$1,452
Aug 2000	0	183	29.64	4.54	$831
Jul 2000	0	263	28.53	4.09	$1,076
Jun 2000	0	459	29.30	4.40	$2,018
May 2000	0	508	27.26	3.68	$1,869
Apr 2000	0	386	24.51	3.12	$1,203
Mar 2000	0	219	28.42	2.86	$626
Feb 2000	0	202	27.62	2.73	$551
Jan 2000	0	305	25.27	2.48	$757
Dec 1999	0	330	24.28	2.42	$800
Nov 1999	0	306	23.19	2.43	$745
Oct 1999	0	297	20.98	2.80	$833
Sep 1999	0	330	21.75	2.62	$864
Aug 1999	0	313	19.26	2.88	$900
Jul 1999	0	335	17.89	2.37	$795
Jun 1999	0	329	15.94	2.36	$777
May 1999	0	390	15.79	2.32	$905
Apr 1999	0	461	15.10	2.21	$1,018
Mar 1999	0	514	12.47	1.84	$945
Feb 1999	0	482	9.98	1.82	$876
Jan 1999	0	517	10.38	1.90	$982
Dec 1998	0	425	9.20	1.77	$754
Nov 1998	0	473	10.89	2.19	$1,034
Oct 1998	0	467	12.42	1.97	$920
Sep 1998	0	574	12.59	2.08	$1,195
Aug 1998	0	585	11.30	1.91	$1,116
Jul 1998	0	656	11.74	2.24	$1,468
Jun 1998	0	617	11.24	2.24	$1,380
May 1998	0	703	12.62	2.21	$1,551
Apr 1998	0	655	13.04	2.51	$1,641
Mar 1998	0	604	12.80	2.31	$1,395
Feb 1998	0	607	13.95	2.30	$1,396
Jan 1998	0	741	14.70	2.15	$1,597
Dec 1997	0	687	16.32	2.41	$1,656
Nov 1997	0	666	18.19	3.09	$2,057
Oct 1997	0	545	19.25	3.15	$1,717
Sep 1997	0	666	17.74	2.95	$1,968
Aug 1997	0	718	17.86	2.55	$1,834
Jul 1997	0	796	17.58	2.25	$1,789
Jun 1997	0	721	17.24	2.26	$1,627
May 1997	0	703	18.97	2.31	$1,623
Apr 1997	0	574	17.88	2.08	$1,196
Mar 1997	0	241	18.95	1.94	$467
Feb 1997	0	610	20.49	2.21	$1,346
Jan 1997	0	658	23.48	3.54	$2,329
Dec 1996	0	462	23.32	—	$0
Nov 1996	0	665	21.97	—	$0
Oct 1996	0	795	23.31	—	$0
Sep 1996	0	737	22.22	—	$0
Aug 1996	0	858	20.26	—	$0
Jul 1996	0	914	19.55	—	$0
Jun 1996	0	867	18.73	—	$0
May 1996	0	846	19.43	—	$0
Apr 1996	0	868	21.51	—	$0
Mar 1996	161	895	19.38	—	$3,120
Feb 1996	0	842	16.98	—	$0
Jan 1996	0	909	17.07	—	$0
Dec 1995	0	721	17.19	—	$0
Nov 1995	0	856	16.00	—	$0
Oct 1995	0	814	15.43	—	$0
Sep 1995	0	789	16.18	—	$0
Aug 1995	0	859	15.92	—	$0
Jul 1995	0	948	15.24	—	$0
Jun 1995	0	905	16.41	—	$0
May 1995	0	937	17.56	—	$0
Apr 1995	0	974	17.73	—	$0
Mar 1995	0	770	16.44	—	$0
Feb 1995	0	838	16.58	—	$0
Jan 1995	0	844	15.92	—	$0
Dec 1994	0	918	15.03	—	$0
Nov 1994	0	773	15.90	—	$0
Oct 1994	0	817	15.58	—	$0
Sep 1994	0	554	15.29	—	$0
Aug 1994	0	701	16.13	—	$0
Jul 1994	0	724	17.56	—	$0
Jun 1994	0	831	17.09	—	$0
May 1994	0	824	15.88	—	$0
Apr 1994	0	767	14.14	—	$0
Mar 1994	0	956	12.46	—	$0
Feb 1994	0	884	12.50	—	$0
Jan 1994	0	990	12.66	—	$0
Dec 1993	0	892	12.33	—	$0
Nov 1993	0	958	14.49	—	$0
Oct 1993	0	893	15.85	—	$0
Sep 1993	0	521	15.03	—	$0
Aug 1993	0	720	15.66	—	$0
Jul 1993	0	698	15.46	—	$0
Jun 1993	0	636	16.79	—	$0
May 1993	0	742	17.68	—	$0
Apr 1993	0	847	18.05	—	$0
Mar 1993	0	927	18.14	—	$0
Feb 1993	0	949	17.90	—	$0
Jan 1993	0	1,042	16.93	—	$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.

Oct 2008 — as filed, then multipliedworked

Condensate             0 bbl  × $ 75.24 =         $0
Gas                   43 Mcf  × $  6.92 =       $298

────────────────────────────────────────────────────
Month total                                     $298

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/126367 is the state's own key, not one this site invented.