LYNE

Operated by CICO OIL & GAS COMPANY (P-5 153410) in the KATZ-SLICK (LULING) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 185673District 02Field 48310100CondensateGasSave
Value, all time
$896 k
Dec 2000 – Nov 2004
Value, last 12 filed months
$73 k
at the published price for each month
Months reported
48
no gaps in the span
Streams
2
condensate, gas

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
CondensateDisposition770 bbl$17,566
GasProduction239,936 Mcf$878,017
Total$895,583

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 28.1868, -98.2078. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.18677, -98.20781 · 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
13,010 ft
1 wells filed one
Completion to plug
3.4 years
median over 1 wells

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 13,010 ft.

Completions filed
Jun 2001
1 of 1 wells
Plug dates filed
Nov 2004
1 of 1 wells

Last completion to plug: a median of 3.4 years across the 1 well that filed both dates, with the middle half between 3.4 years and 3.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-29702043113,010 ftJun 2001Nov 2004Yes

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 (48)

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

48 months

Nov 20040045.286.33$0
Oct 20044049.706.52$199
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 2004090036.106.43$5,790
May 200401,80337.486.49$11,710
Apr 2004087534.475.86$5,126
Mar 200401,75834.365.53$9,722
Feb 2004982,63832.455.51$17,714
Jan 200402,83732.036.30$17,872
Dec 2003077330.266.30$4,871
Nov 2003071828.804.60$3,299
Oct 200301,31028.174.76$6,235
Sep 200301,01326.314.75$4,811
Aug 200302,26929.765.13$11,639
Jul 200302,27929.415.17$11,784
Jun 200303,51428.565.98$21,024
May 200304,62526.595.97$27,624
Apr 200304,67526.675.41$25,279
Mar 200305,09331.146.10$31,047
Feb 200304,73433.487.93$37,521
Jan 200305,79530.315.58$32,348
Dec 200206,36026.914.85$30,870
Nov 200205,92324.664.14$24,503
Oct 200206,71326.464.23$28,390
Sep 200207,19027.443.64$26,137
Aug 200207,39625.963.16$23,402
Jul 200207,43924.583.06$22,776
Jun 20021656,90323.733.34$26,959
May 2002011,36024.663.58$40,714
Apr 2002010,76323.653.51$37,803
Mar 2002010,91122.003.10$33,854
Feb 200208,94718.222.38$21,255
Jan 200206,00317.172.38$14,261
Dec 200116910,24516.932.36$27,084
Nov 200108,80918.072.41$21,190
Oct 200117610,88319.782.53$31,003
Sep 2001017,36524.262.25$39,094
Aug 200115821,70424.873.05$70,195
Jul 2001022,89623.933.20$73,200
Jun 200104,51724.563.82$17,274
May 20010025.524.31$0
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

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 2004 — as filed, then multipliedworked
Condensate             4 bbl  × $ 49.70 =       $199
Gas                    0 Mcf  × $  6.52 =         $0

────────────────────────────────────────────────────
Month total                                     $199

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/185673 is the state's own key, not one this site invented.