LYNE

Operated by HOLLIMON OIL CORPORATION (P-5 393345) in the DOLAN (HOSTETTER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 197346District 02Field 251774002 tax incentive programmesCondensateGasSaveExport
Value, all time
$355 k
Apr 2003 – Jan 2008
Value, last 12 filed months
$8 k
at the published price for each month
Months reported
58
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
1981-05-17
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: FIELD MADE 100% AOF PER AOF 1 & 2 FORMS 5/6/02

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112007-03-26173782
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
CondensateDisposition383 bbl$18,119
GasProduction56,889 Mcf$336,471
Total$354,590

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 28.2089, -98.2330. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.20893, -98.23304 · 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
11,075 ft
1 wells filed one
Completion to plug
4.8 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 11,075 ft.

Completions filed
Apr 2003
1 of 1 wells
Plug dates filed
Jan 2008
1 of 1 wells

Last completion to plug: a median of 4.8 years across the 1 well that filed both dates, with the middle half between 4.8 years and 4.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-29734488111,075 ftApr 2003Jan 2008Yes

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 (58)

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

58 months

Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20072935856.927.30$4,265
Feb 2007048955.108.22$4,018
Jan 2007038150.306.73$2,563
Dec 2006012056.656.92$830
Nov 2006025354.207.62$1,927
Oct 2006056554.906.01$3,398
Sep 2006033960.085.04$1,708
Aug 2006036868.717.34$2,701
Jul 2006020869.376.34$1,319
Jun 200617911466.286.38$12,592
May 2006014866.016.42$951
Apr 2006019164.397.36$1,406
Mar 2006016556.707.08$1,169
Feb 2006029657.597.75$2,294
Jan 2006038260.598.93$3,413
Dec 2005021554.9413.42$2,884
Nov 2005015854.6910.59$1,673
Oct 2005011358.3413.80$1,559
Sep 2005016161.4512.08$1,945
Aug 2005034161.519.80$3,341
Jul 200501,17255.697.84$9,193
Jun 2005071452.337.38$5,270
May 2005061745.226.65$4,104
Apr 2005045349.207.36$3,334
Mar 2005078450.377.15$5,609
Feb 2005094645.226.31$5,971
Jan 200501,07543.166.32$6,796
Dec 200401,33839.866.75$9,033
Nov 2004085645.286.33$5,419
Oct 200401,08849.706.52$7,088
Sep 2004074343.245.28$3,926
Aug 2004095942.375.55$5,323
Jul 2004095238.286.08$5,792
Jun 200401,03636.106.43$6,665
May 200401,02337.486.49$6,644
Apr 2004070834.475.86$4,148
Mar 200401,56134.365.53$8,633
Feb 200401,18032.455.51$6,501
Jan 2004041432.036.30$2,608
Dec 2003048830.266.30$3,075
Nov 200301,26428.804.60$5,808
Oct 200302,57928.174.76$12,275
Sep 20031753,87226.314.75$22,994
Aug 200304,08329.765.13$20,945
Jul 200304,41729.415.17$22,840
Jun 200305,16328.565.98$30,890
May 200304,69326.595.97$28,030
Apr 200307,34626.675.41$39,722

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.

Mar 2007 — as filed, then multipliedworked
Condensate            29 bbl  × $ 56.92 =     $1,651
Gas                  358 Mcf  × $  7.30 =     $2,614

────────────────────────────────────────────────────
Month total                                   $4,265

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/197346 is the state's own key, not one this site invented.