LOWRANCE

Operated by DREYFUS, LOUIS NATURAL GAS CORP (P-5 228125) in the EVANS (5400 YEGUA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 162938District 02Field 29654300CondensateGasSaveExport
Value, all time
$523 k
Dec 1996 – Jul 1999
Value, last 12 filed months
$96 k
at the published price for each month
Months reported
32
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 5 leases and 5 wells, and the rule below applies to all of them.

Discovered
1983-09-23
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 04/01/98.

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
CondensateDisposition1,345 bbl$20,199
GasProduction218,593 Mcf$502,796
Total$522,995

1,568 Mcf of this lease's gas, across 1 month, 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 29.2186, -96.8762. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.21856, -96.87622 · centre of the wells drawn, derived

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
5,525 ft
1 wells filed one
Completion to plug
2.6 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 5,525 ft.

Completions filed
Dec 1996
1 of 1 wells
Plug dates filed
Jul 1999
1 of 1 wells

Last completion to plug: a median of 2.6 years across the 1 well that filed both dates, with the middle half between 2.6 years and 2.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-28532415B 15,525 ftDec 1996Jul 1999Yes

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 (32)

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

32 months

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 19991242,98610.381.90$6,960
Dec 199805,3329.201.77$9,455
Nov 199809,03010.892.19$19,737
Oct 199809,63912.421.97$18,981
Sep 19981419,63012.592.08$21,831
Aug 1998010,17211.301.91$19,402
Jul 199808,85511.742.24$19,811
Jun 19981499,79911.242.24$23,598
May 1998010,01612.622.21$22,099
Apr 19981589,85013.042.51$26,738
Mar 1998010,18812.802.31$23,529
Feb 199809,30913.952.30$21,403
Jan 199818311,60514.702.15$27,696
Dec 1997010,54716.322.41$25,430
Nov 199709,49318.193.09$29,317
Oct 19971561119.253.15$3,038
Sep 199709,16317.742.95$27,076
Aug 19971769,93917.862.55$28,535
Jul 199709,39417.582.25$21,108
Jun 1997758,74517.242.26$21,032
May 199708,84018.972.31$20,407
Apr 19971838,45217.882.08$20,876
Mar 1997010,01018.951.94$19,411
Feb 199708,38120.492.21$18,488
Jan 199707,63923.483.54$27,040
Dec 199601,56823.32$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.

Jan 1999 — as filed, then multipliedworked
Condensate           124 bbl  × $ 10.38 =     $1,287
Gas                2,986 Mcf  × $  1.90 =     $5,673

────────────────────────────────────────────────────
Month total                                   $6,960

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/162938 is the state's own key, not one this site invented.