LABAY/GLO GU #1

Name: LABAY/GLO GU #1 lease production and value, Oct 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by FREDCO (P-5 284921) in the JACK STARR (YEGUA Y-4) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 147094District 02Field 45337500CondensateGasSave Export

Value, all time

$1.2 M

Oct 1993 – Jan 2008

Value, last 12 filed months

at the published price for each month

Months reported

172

no gaps in the span

Streams

condensate, gas

The JACK STARR (YEGUA Y-4) 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 11 leases and 11 wells, and the rule below applies to all of them.

Discovered

1987-09-29

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: “ALLOCATION FORMULA EFF 1/1/95”

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	22,099 bbl	$339,062
Gas	Production	2,695,099 Mcf	$843,492
Total			$1,182,553

2,474,111 Mcf of this lease's gas, across 38 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 29.0575, -96.6597. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.05749, -96.65971 · 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

8,275 ft

1 wells filed one

Completion to plug

14.3 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 8,275 ft.

Completions filed

Oct 1993

1 of 1 wells

Plug dates filed

Jan 2008

1 of 1 wells

Last completion to plug: a median of 14.3 years across the 1 well that filed both dates, with the middle half between 14.3 years and 14.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-23932706	1	8,275 ft	Oct 1993	Jan 2008	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 (172)

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

172 months


Jan 2008	0	0	90.38	8.21	$0
Dec 2007	0	0	88.33	7.30	$0
Nov 2007	0	0	91.67	7.29	$0
Oct 2007	0	0	82.85	6.92	$0
Sep 2007	0	0	75.84	6.24	$0
Aug 2007	0	0	69.06	6.39	$0
Jul 2007	0	0	70.90	6.39	$0
Jun 2007	0	0	62.00	7.55	$0
May 2007	0	0	58.74	7.85	$0
Apr 2007	0	0	59.61	7.81	$0
Mar 2007	0	0	56.92	7.30	$0
Feb 2007	0	0	55.10	8.22	$0
Jan 2007	0	0	50.30	6.73	$0
Dec 2006	0	0	56.65	6.92	$0
Nov 2006	0	0	54.20	7.62	$0
Oct 2006	0	0	54.90	6.01	$0
Sep 2006	0	0	60.08	5.04	$0
Aug 2006	0	0	68.71	7.34	$0
Jul 2006	0	0	69.37	6.34	$0
Jun 2006	0	0	66.28	6.38	$0
May 2006	0	0	66.01	6.42	$0
Apr 2006	0	0	64.39	7.36	$0
Mar 2006	0	0	56.70	7.08	$0
Feb 2006	0	0	57.59	7.75	$0
Jan 2006	0	0	60.59	8.93	$0
Dec 2005	0	0	54.94	13.42	$0
Nov 2005	0	0	54.69	10.59	$0
Oct 2005	0	15	58.34	13.80	$207
Sep 2005	0	77	61.45	12.08	$930
Aug 2005	0	0	61.51	9.80	$0
Jul 2005	0	126	55.69	7.84	$988
Jun 2005	0	71	52.33	7.38	$524
May 2005	0	176	45.22	6.65	$1,171
Apr 2005	0	150	49.20	7.36	$1,104
Mar 2005	0	365	50.37	7.15	$2,612
Feb 2005	0	306	45.22	6.31	$1,931
Jan 2005	0	430	43.16	6.32	$2,719
Dec 2004	0	769	39.86	6.75	$5,192
Nov 2004	0	338	45.28	6.33	$2,140
Oct 2004	0	353	49.70	6.52	$2,300
Sep 2004	0	167	43.24	5.28	$882
Aug 2004	0	52	42.37	5.55	$289
Jul 2004	0	0	38.28	6.08	$0
Jun 2004	0	0	36.10	6.43	$0
May 2004	0	0	37.48	6.49	$0
Apr 2004	0	0	34.47	5.86	$0
Mar 2004	0	30	34.36	5.53	$166
Feb 2004	0	965	32.45	5.51	$5,317
Jan 2004	0	1,266	32.03	6.30	$7,975
Dec 2003	0	955	30.26	6.30	$6,018
Nov 2003	0	0	28.80	4.60	$0
Oct 2003	0	0	28.17	4.76	$0
Sep 2003	0	35	26.31	4.75	$166
Aug 2003	0	178	29.76	5.13	$913
Jul 2003	0	0	29.41	5.17	$0
Jun 2003	0	22	28.56	5.98	$132
May 2003	0	1,823	26.59	5.97	$10,888
Apr 2003	0	2,568	26.67	5.41	$13,886
Mar 2003	0	3,669	31.14	6.10	$22,366
Feb 2003	0	3,217	33.48	7.93	$25,498
Jan 2003	0	3,703	30.31	5.58	$20,670
Dec 2002	0	4,895	26.91	4.85	$23,759
Nov 2002	0	3,133	24.66	4.14	$12,961
Oct 2002	0	3,615	26.46	4.23	$15,288
Sep 2002	0	4,006	27.44	3.64	$14,563
Aug 2002	0	3,099	25.96	3.16	$9,806
Jul 2002	0	3,552	24.58	3.06	$10,875
Jun 2002	0	3,549	23.73	3.34	$11,847
May 2002	0	3,687	24.66	3.58	$13,214
Apr 2002	0	3,627	23.65	3.51	$12,739
Mar 2002	0	2,966	22.00	3.10	$9,203
Feb 2002	0	3,479	18.22	2.38	$8,265
Jan 2002	0	3,626	17.17	2.38	$8,614
Dec 2001	0	3,405	16.93	2.36	$8,051
Nov 2001	0	3,396	18.07	2.41	$8,169
Oct 2001	0	4,084	19.78	2.53	$10,328
Sep 2001	0	3,528	24.26	2.25	$7,943
Aug 2001	0	4,075	24.87	3.05	$12,442
Jul 2001	0	4,220	23.93	3.20	$13,492
Jun 2001	0	5,187	24.56	3.82	$19,836
May 2001	0	5,358	25.52	4.31	$23,079
Apr 2001	0	3,241	24.68	5.34	$17,292
Mar 2001	0	3,731	24.54	5.38	$20,060
Feb 2001	0	4,415	27.75	5.77	$25,462
Jan 2001	0	3,201	27.47	8.40	$26,884
Dec 2000	0	3,472	26.88	9.12	$31,673
Nov 2000	0	4,436	32.21	5.66	$25,099
Oct 2000	0	4,884	31.23	5.15	$25,131
Sep 2000	0	4,514	31.87	5.19	$23,412
Aug 2000	0	5,548	29.64	4.54	$25,192
Jul 2000	0	5,195	28.53	4.09	$21,246
Jun 2000	0	3,581	29.30	4.40	$15,747
May 2000	0	4,471	27.26	3.68	$16,452
Apr 2000	0	4,117	24.51	3.12	$12,829
Mar 2000	0	4,029	28.42	2.86	$11,522
Feb 2000	0	4,396	27.62	2.73	$11,986
Jan 2000	0	5,231	25.27	2.48	$12,976
Dec 1999	0	5,652	24.28	2.42	$13,699
Nov 1999	0	2,839	23.19	2.43	$6,910
Oct 1999	0	4,250	20.98	2.80	$11,916
Sep 1999	0	3,891	21.75	2.62	$10,190
Aug 1999	0	4,226	19.26	2.88	$12,152
Jul 1999	0	3,757	17.89	2.37	$8,913
Jun 1999	0	4,234	15.94	2.36	$10,001
May 1999	0	2,481	15.79	2.32	$5,758
Apr 1999	0	2,735	15.10	2.21	$6,039
Mar 1999	0	2,986	12.47	1.84	$5,489
Feb 1999	0	2,290	9.98	1.82	$4,163
Jan 1999	0	2,703	10.38	1.90	$5,136
Dec 1998	0	650	9.20	1.77	$1,153
Nov 1998	0	1,353	10.89	2.19	$2,957
Oct 1998	0	0	12.42	1.97	$0
Sep 1998	0	0	12.59	2.08	$0
Aug 1998	0	0	11.30	1.91	$0
Jul 1998	0	0	11.74	2.24	$0
Jun 1998	24	0	11.24	2.24	$270
May 1998	0	0	12.62	2.21	$0
Apr 1998	0	302	13.04	2.51	$757
Mar 1998	0	0	12.80	2.31	$0
Feb 1998	0	0	13.95	2.30	$0
Jan 1998	0	0	14.70	2.15	$0
Dec 1997	0	67	16.32	2.41	$162
Nov 1997	0	135	18.19	3.09	$417
Oct 1997	0	475	19.25	3.15	$1,496
Sep 1997	0	653	17.74	2.95	$1,930
Aug 1997	0	804	17.86	2.55	$2,054
Jul 1997	0	1,229	17.58	2.25	$2,761
Jun 1997	0	1,255	17.24	2.26	$2,833
May 1997	0	1,163	18.97	2.31	$2,685
Apr 1997	0	1,599	17.88	2.08	$3,330
Mar 1997	0	936	18.95	1.94	$1,815
Feb 1997	0	840	20.49	2.21	$1,853
Jan 1997	0	708	23.48	3.54	$2,506
Dec 1996	0	1,595	23.32	—	$0
Nov 1996	0	1,401	21.97	—	$0
Oct 1996	0	1,785	23.31	—	$0
Sep 1996	0	1,545	22.22	—	$0
Aug 1996	0	1,639	20.26	—	$0
Jul 1996	0	2,324	19.55	—	$0
Jun 1996	0	0	18.73	—	$0
May 1996	40	2,802	19.43	—	$777
Apr 1996	87	10,802	21.51	—	$1,871
Mar 1996	133	12,357	19.38	—	$2,578
Feb 1996	102	9,551	16.98	—	$1,732
Jan 1996	20	8,440	17.07	—	$341
Dec 1995	134	27,119	17.19	—	$2,303
Nov 1995	243	27,871	16.00	—	$3,888
Oct 1995	222	29,221	15.43	—	$3,425
Sep 1995	298	68,186	16.18	—	$4,822
Aug 1995	432	74,032	15.92	—	$6,877
Jul 1995	332	74,132	15.24	—	$5,060
Jun 1995	378	76,519	16.41	—	$6,203
May 1995	619	77,046	17.56	—	$10,870
Apr 1995	587	84,404	17.73	—	$10,408
Mar 1995	711	91,836	16.44	—	$11,689
Feb 1995	723	84,934	16.58	—	$11,987
Jan 1995	896	95,291	15.92	—	$14,264
Dec 1994	871	99,016	15.03	—	$13,091
Nov 1994	788	101,147	15.90	—	$12,529
Oct 1994	892	92,190	15.58	—	$13,897
Sep 1994	1,014	102,446	15.29	—	$15,504
Aug 1994	1,077	128,799	16.13	—	$17,372
Jul 1994	1,484	126,391	17.56	—	$26,059
Jun 1994	1,346	137,324	17.09	—	$23,003
May 1994	1,411	128,743	15.88	—	$22,407
Apr 1994	1,571	123,209	14.14	—	$22,214
Mar 1994	1,323	131,967	12.46	—	$16,485
Feb 1994	1,136	108,684	12.50	—	$14,200
Jan 1994	840	97,235	12.66	—	$10,634
Dec 1993	1,083	93,925	12.33	—	$13,353
Nov 1993	1,009	99,614	14.49	—	$14,620
Oct 1993	273	38,589	15.85	—	$4,327

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 2005 — as filed, then multipliedworked

Condensate             0 bbl  × $ 58.34 =         $0
Gas                   15 Mcf  × $ 13.80 =       $207

────────────────────────────────────────────────────
Month total                                     $207

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/147094 is the state's own key, not one this site invented.