HADAMEK

Operated by LRE OPERATING, LLC (P-5 511727) in the FANT (WILCOX 10000) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 227971District 02Field 30185600CondensateGasSaveExport
Value, all time
$223 k
Jan 2007 – Jun 2012
Value, last 12 filed months
$204
at the published price for each month
Months reported
66
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 7 leases and 7 wells, and the rule below applies to all of them.

Discovered
1983-10-27
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: SHALL BE FILED. EFF. 3-8-05 PER DKT. #02-0241088.

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
CondensateDisposition263 bbl$24,746
GasProduction27,363 Mcf$198,005
Total$222,751

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 28.3079, -98.1816. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.30790, -98.18159 · 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
12,150 ft
1 wells filed one
Completion to plug
2.9 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 12,150 ft.

Completions filed
Jul 2009
1 of 1 wells
Plug dates filed
Jun 2012
1 of 1 wells

Last completion to plug: a median of 2.9 years across the 1 well that filed both dates, with the middle half between 2.9 years and 2.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-297347001ST12,150 ftJul 2009Jun 2012Yes

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 (66)

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

66 months

Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201204101.652.00$8
Mar 201205105.052.22$11
Feb 201205101.102.57$13
Jan 20120398.092.73$8
Dec 20110896.873.24$26
Nov 20110595.723.31$17
Oct 20110584.983.65$18
Sep 20110283.623.99$8
Aug 201101283.404.15$50
Jul 201101094.144.52$45
Jun 20110492.904.64$19
May 20110998.134.40$40
Apr 2011012105.964.33$52
Mar 201101096.364.06$41
Feb 201101085.644.18$42
Jan 20110986.504.59$41
Dec 201001085.734.35$43
Nov 201001080.843.80$38
Oct 201001378.103.51$46
Sep 2010261472.633.98$1,944
Aug 201001473.684.42$62
Jul 2010097372.554.74$4,609
Jun 2010058770.364.91$2,882
May 201002371.124.24$97
Apr 201001381.694.12$54
Mar 2010556878.394.39$4,610
Feb 201002473.585.44$131
Jan 201003874.365.96$227
Dec 2009035971.445.48$1,969
Nov 2009049774.593.75$1,865
Oct 200905072.544.11$206
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 2009016561.133.46$572
Jun 2009012166.163.90$471
May 2009029654.743.93$1,162
Apr 200908046.773.59$287
Mar 2009027742.144.06$1,124
Feb 2009028332.814.63$1,311
Jan 2009028635.865.37$1,536
Dec 2008028237.105.98$1,686
Nov 2008026855.496.86$1,839
Oct 2008028575.246.92$1,973
Sep 20080291101.767.88$2,292
Aug 20080348114.228.48$2,952
Jul 20080331131.0811.39$3,770
Jun 20080251131.3313.03$3,271
May 20080318123.1711.57$3,681
Apr 20080209110.3110.45$2,185
Mar 2008182254101.909.66$21,000
Feb 2008026192.538.77$2,289
Jan 2008014490.388.21$1,182
Dec 2007020088.337.30$1,460
Nov 2007014691.677.29$1,065
Oct 2007017882.856.92$1,232
Sep 2007040975.846.24$2,554
Aug 2007031069.066.39$1,980
Jul 2007040170.906.39$2,562
Jun 200701,94162.007.55$14,652
May 200702,66158.747.85$20,879
Apr 200702,99459.617.81$23,369
Mar 200703,70956.927.30$27,083
Feb 200704,01755.108.22$33,004
Jan 200702,84150.306.73$19,111

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.

Apr 2012 — as filed, then multipliedworked
Condensate             0 bbl  × $101.65 =         $0
Gas                    4 Mcf  × $  2.00 =         $8

────────────────────────────────────────────────────
Month total                                       $8

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/227971 is the state's own key, not one this site invented.