LABAY, V. C.

Operated by MAGNUM PRODUCING, LP (P-5 521516) in the PROVIDENT CITY (WILCOX 8,800) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 163816District 02Field 73293320CondensateGasSaveExport
Value, all time
$1.4 M
Jul 1997 – Apr 2014
Value, last 12 filed months
$0
at the published price for each month
Months reported
202
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
1961-01-15
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: AOF-1 AND AOF-2 EFFECTIVE 05/01/98.

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
CondensateDisposition3,119 bbl$89,480
GasProduction338,464 Mcf$1,301,037
Total$1,390,517

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 29.2857, -96.6899. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.28570, -96.68987 · 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
9,935 ft
1 wells filed one
Completion to plug
16.8 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 9,935 ft.

Completions filed
Jul 1997
1 of 1 wells
Plug dates filed
Apr 2014
1 of 1 wells

Last completion to plug: a median of 16.8 years across the 1 well that filed both dates, with the middle half between 16.8 years and 16.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2853244119,935 ftJul 1997Apr 2014Yes

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 (202)

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

202 months

Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 2012160608101.102.57$17,739
Jan 2012099998.092.73$2,731
Dec 2011054896.873.24$1,775
Nov 20110095.723.31$0
Oct 2011080784.983.65$2,944
Sep 2011045983.623.99$1,829
Aug 2011051283.404.15$2,124
Jul 2011063394.144.52$2,859
Jun 2011049092.904.64$2,274
May 2011077498.134.40$3,409
Apr 20110795105.964.33$3,445
Mar 2011088996.364.06$3,607
Feb 2011077885.644.18$3,252
Jan 2011065386.504.59$2,996
Dec 2010051785.734.35$2,248
Nov 2010053880.843.80$2,042
Oct 2010078678.103.51$2,758
Sep 2010090072.633.98$3,582
Aug 2010089673.684.42$3,960
Jul 2010093072.554.74$4,405
Jun 2010093770.364.91$4,601
May 2010072571.124.24$3,071
Apr 2010080981.694.12$3,335
Mar 2010095678.394.39$4,196
Feb 201001,08673.585.44$5,910
Jan 2010091174.365.96$5,433
Dec 2009076171.445.48$4,173
Nov 2009089274.593.75$3,346
Oct 2009087672.544.11$3,601
Sep 2009097565.543.06$2,988
Aug 2009098267.423.22$3,161
Jul 2009097261.133.46$3,367
Jun 200917477766.163.90$14,538
May 200902,33054.743.93$9,147
Apr 200901,17346.773.59$4,208
Mar 200901,39342.144.06$5,654
Feb 2009066632.814.63$3,086
Jan 200901,02735.865.37$5,516
Dec 200801,35937.105.98$8,123
Nov 200801,26455.496.86$8,672
Oct 2008067975.246.92$4,700
Sep 20080138101.767.88$1,087
Aug 20080781114.228.48$6,625
Jul 20080815131.0811.39$9,282
Jun 20080871131.3313.03$11,351
May 20080695123.1711.57$8,044
Apr 20080788110.3110.45$8,238
Mar 20080669101.909.66$6,465
Feb 2008075392.538.77$6,604
Jan 2008042790.388.21$3,504
Dec 2007045288.337.30$3,300
Nov 2007020791.677.29$1,509
Oct 2007073482.856.92$5,081
Sep 2007076375.846.24$4,764
Aug 2007072669.066.39$4,638
Jul 2007052370.906.39$3,341
Jun 2007072862.007.55$5,495
May 200716361358.747.85$14,384
Apr 2007076359.617.81$5,955
Mar 2007088956.927.30$6,491
Feb 2007054955.108.22$4,511
Jan 2007050750.306.73$3,411
Dec 2006060256.656.92$4,165
Nov 2006085354.207.62$6,498
Oct 200601,04854.906.01$6,302
Sep 2006065060.085.04$3,274
Aug 2006079268.717.34$5,813
Jul 2006061369.376.34$3,888
Jun 2006099066.286.38$6,320
May 2006121,05266.016.42$7,551
Apr 200601,34864.397.36$9,922
Mar 200601,14256.707.08$8,089
Feb 200601,08157.597.75$8,379
Jan 2006089560.598.93$7,995
Dec 200501,27854.9413.42$17,145
Nov 200501,55654.6910.59$16,476
Oct 200501,41358.3413.80$19,493
Sep 2005057061.4512.08$6,885
Aug 2005076761.519.80$7,514
Jul 200501,41455.697.84$11,091
Jun 200501,64652.337.38$12,149
May 200501,62745.226.65$10,821
Apr 200501,75849.207.36$12,940
Mar 200501,50650.377.15$10,775
Feb 2005040245.226.31$2,537
Jan 2005038143.166.32$2,409
Dec 2004092439.866.75$6,238
Nov 200401,22745.286.33$7,767
Oct 200401,70249.706.52$11,089
Sep 200401,22343.245.28$6,462
Aug 200401,63842.375.55$9,092
Jul 20041781,95838.286.08$18,727
Jun 200402,01636.106.43$12,969
May 200401,16337.486.49$7,553
Apr 200402,05334.475.86$12,027
Mar 2004389834.365.53$5,069
Feb 200407532.455.51$413
Jan 2004022832.036.30$1,436
Dec 2003053930.266.30$3,397
Nov 2003080828.804.60$3,713
Oct 200301,16228.174.76$5,531
Sep 200305426.314.75$256
Aug 200301,58829.765.13$8,146
Jul 2003086729.415.17$4,483
Jun 200301,62228.565.98$9,704
May 200301,89826.595.97$11,336
Apr 20031801,55026.675.41$13,182
Mar 200302,01531.146.10$12,284
Feb 200301,39633.487.93$11,065
Jan 200301,40630.315.58$7,848
Dec 200201,02326.914.85$4,965
Nov 200201,56124.664.14$6,458
Oct 200202,21726.464.23$9,376
Sep 200201,56027.443.64$5,671
Aug 2002016825.963.16$532
Jul 200201,96124.583.06$6,004
Jun 200202,39123.733.34$7,982
May 200202,72524.663.58$9,766
Apr 20021802,67923.653.51$13,667
Mar 200202,30222.003.10$7,142
Feb 200212,23318.222.38$5,323
Jan 200202,23217.172.38$5,303
Dec 200102,20416.932.36$5,211
Nov 200122,54618.072.41$6,161
Oct 200102,00819.782.53$5,078
Sep 200117923724.262.25$4,876
Aug 200102,94424.873.05$8,989
Jul 200103,35823.933.20$10,736
Jun 200103,71224.563.82$14,195
May 200101,44125.524.31$6,207
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 199901,65023.192.43$4,016
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 19990010.381.90$0
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 199801,23311.301.91$2,352
Jul 1998093711.742.24$2,096
Jun 1998020611.242.24$461
May 199805,81012.622.21$12,819
Apr 19981779,28513.042.51$25,570
Mar 1998014,12612.802.31$32,623
Feb 199817212,47913.952.30$31,090
Jan 199835421,04914.702.15$50,560
Dec 199716318,10616.322.41$46,316
Nov 199718421,09618.193.09$68,497
Oct 199716427,81119.253.15$90,757
Sep 199734032,82917.742.95$103,037
Aug 199733326,27117.862.55$73,063
Jul 1997022717.582.25$510

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.

Feb 2012 — as filed, then multipliedworked
Condensate           160 bbl  × $101.10 =    $16,176
Gas                  608 Mcf  × $  2.57 =     $1,563

────────────────────────────────────────────────────
Month total                                  $17,739

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/163816 is the state's own key, not one this site invented.