LAKE PASTURE (FS-550)SAND UNIT

Name: LAKE PASTURE (FS-550)SAND UNIT lease production and value, Jan 2000 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by HILCORP ENERGY COMPANY (P-5 386310) in the LAKE PASTURE (FS-550) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 177929District 02Field 51512456GasSave Export

Value, all time

$9.3 M

Jan 2000 – Mar 2008

Value, last 12 filed months

$57 k

at the published price for each month

Months reported

no gaps in the span

Streams

gas

The LAKE PASTURE (FS-550) 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 15 leases and 40 wells, and the rule below applies to all of them.

Discovered

1954-07-01

as the register files it

Field class

Oil and gas

the register's own label

Between wells

0 ft

minimum

From a lease line

330 ft

minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2023-01-18.

The Commission's schedule remark for this field reads: “ON OIL, CASINGHEAD GAS, OR GAS WELL GAS PRODUCTION.”

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
Gas	Production	1,867,586 Mcf	$9,327,522
Total			$9,327,522

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 28.4204, -97.0654. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.42037, -97.06537 · 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

0.0%

0 of 1 wells

Median depth

5,990 ft

1 wells filed one

Completion to plug

—

no well filed both dates

What the state filed about each well

On the RRC proration schedule

1100.0%

A plug date is filed

00.0%

BothOn the schedule and plugged. Neither fact cancels the other.

00.0%

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 5,990 ft.

Completions filed

Dec 2012

1 of 1 wells

1 well


42-39131775	1125	5,990 ft	Dec 2012	—	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 (99)

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

99 months


Mar 2008	0	101.90	9.66	$0
Feb 2008	0	92.53	8.77	$0
Jan 2008	0	90.38	8.21	$0
Dec 2007	0	88.33	7.30	$0
Nov 2007	0	91.67	7.29	$0
Oct 2007	2,647	82.85	6.92	$18,322
Sep 2007	1,661	75.84	6.24	$10,372
Aug 2007	896	69.06	6.39	$5,724
Jul 2007	2,149	70.90	6.39	$13,728
Jun 2007	1,199	62.00	7.55	$9,051
May 2007	0	58.74	7.85	$0
Apr 2007	0	59.61	7.81	$0
Mar 2007	8,000	56.92	7.30	$58,416
Feb 2007	0	55.10	8.22	$0
Jan 2007	5,736	50.30	6.73	$38,585
Dec 2006	5,008	56.65	6.92	$34,648
Nov 2006	1,962	54.20	7.62	$14,946
Oct 2006	3,346	54.90	6.01	$20,122
Sep 2006	9,815	60.08	5.04	$49,440
Aug 2006	9,979	68.71	7.34	$73,245
Jul 2006	8,617	69.37	6.34	$54,656
Jun 2006	8,074	66.28	6.38	$51,543
May 2006	7,183	66.01	6.42	$46,151
Apr 2006	5,743	64.39	7.36	$42,271
Mar 2006	6,416	56.70	7.08	$45,444
Feb 2006	4,746	57.59	7.75	$36,787
Jan 2006	5,581	60.59	8.93	$49,857
Dec 2005	7,081	54.94	13.42	$94,994
Nov 2005	7,359	54.69	10.59	$77,920
Oct 2005	5,663	58.34	13.80	$78,125
Sep 2005	6,877	61.45	12.08	$83,067
Aug 2005	9,267	61.51	9.80	$90,787
Jul 2005	16,602	55.69	7.84	$130,220
Jun 2005	15,639	52.33	7.38	$115,432
May 2005	18,805	45.22	6.65	$125,075
Apr 2005	17,219	49.20	7.36	$126,740
Mar 2005	19,226	50.37	7.15	$137,560
Feb 2005	15,310	45.22	6.31	$96,636
Jan 2005	18,226	43.16	6.32	$115,228
Dec 2004	16,595	39.86	6.75	$112,034
Nov 2004	15,234	45.28	6.33	$96,438
Oct 2004	21,021	49.70	6.52	$136,954
Sep 2004	10,189	43.24	5.28	$53,838
Aug 2004	15,538	42.37	5.55	$86,246
Jul 2004	16,792	38.28	6.08	$102,166
Jun 2004	16,744	36.10	6.43	$107,714
May 2004	21,129	37.48	6.49	$137,224
Apr 2004	20,292	34.47	5.86	$118,880
Mar 2004	17,264	34.36	5.53	$95,472
Feb 2004	13,815	32.45	5.51	$76,115
Jan 2004	16,984	32.03	6.30	$106,993
Dec 2003	17,936	30.26	6.30	$113,026
Nov 2003	15,064	28.80	4.60	$69,221
Oct 2003	19,686	28.17	4.76	$93,698
Sep 2003	19,435	26.31	4.75	$92,304
Aug 2003	20,844	29.76	5.13	$106,924
Jul 2003	20,396	29.41	5.17	$105,464
Jun 2003	20,872	28.56	5.98	$124,876
May 2003	24,287	26.59	5.97	$145,058
Apr 2003	23,935	26.67	5.41	$129,423
Mar 2003	7,447	31.14	6.10	$45,397
Feb 2003	15,360	33.48	7.93	$121,742
Jan 2003	23,554	30.31	5.58	$131,479
Dec 2002	37,886	26.91	4.85	$183,890
Nov 2002	36,292	24.66	4.14	$150,139
Oct 2002	40,732	26.46	4.23	$172,261
Sep 2002	31,925	27.44	3.64	$116,054
Aug 2002	43,220	25.96	3.16	$136,755
Jul 2002	43,792	24.58	3.06	$134,081
Jun 2002	44,826	23.73	3.34	$149,640
May 2002	44,088	24.66	3.58	$158,011
Apr 2002	43,048	23.65	3.51	$151,198
Mar 2002	43,595	22.00	3.10	$135,263
Feb 2002	28,359	18.22	2.38	$67,372
Jan 2002	25,555	17.17	2.38	$60,711
Dec 2001	26,483	16.93	2.36	$62,616
Nov 2001	28,700	18.07	2.41	$69,038
Oct 2001	31,238	19.78	2.53	$78,997
Sep 2001	31,830	24.26	2.25	$71,660
Aug 2001	33,779	24.87	3.05	$103,133
Jul 2001	37,797	23.93	3.20	$120,840
Jun 2001	38,187	24.56	3.82	$146,033
May 2001	43,622	25.52	4.31	$187,894
Apr 2001	44,417	24.68	5.34	$236,979
Mar 2001	42,881	24.54	5.38	$230,547
Feb 2001	34,771	27.75	5.77	$200,527
Jan 2001	35,402	27.47	8.40	$297,333
Dec 2000	32,676	26.88	9.12	$298,087
Nov 2000	31,947	32.21	5.66	$180,756
Oct 2000	32,937	31.23	5.15	$169,477
Sep 2000	32,340	31.87	5.19	$167,731
Aug 2000	34,001	29.64	4.54	$154,390
Jul 2000	33,044	28.53	4.09	$135,142
Jun 2000	32,075	29.30	4.40	$141,042
May 2000	35,714	27.26	3.68	$131,419
Apr 2000	23,982	24.51	3.12	$74,728
Mar 2000	0	28.42	2.86	$0
Feb 2000	0	27.62	2.73	$0
Jan 2000	0	25.27	2.48	$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 2007 — as filed, then multipliedworked

Gas                2,647 Mcf  × $  6.92 =    $18,322

────────────────────────────────────────────────────
Month total                                  $18,322

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/177929 is the state's own key, not one this site invented.