LASCA BUTLER SEARCY TRUST

Operated by BURLINGTON RESOURCES O & G CO LP (P-5 109333) in the SUGARKANE (EAGLE FORD) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 254301District 02Field 86950600Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$15.0 M
May 2009 – May 2021
Value, last 12 filed months
$0
at the published price for each month
Months reported
145
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 1,993 leases and 2,259 wells, and the rule below applies to all of them.

Discovered
2009-12-01
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 80 acres. The field rule took effect on 2017-10-10.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: GAS WELLS

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 Gas112010-04-28197424
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
CondensateDisposition169,370 bbl$12,466,828
GasProduction672,430 Mcf$2,544,040
Total$15,010,868

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 28.7298, -98.0876. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.72984, -98.08764 · 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
11,553 ft
1 wells filed one
Completion to plug
12.0 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 11,553 ft.

Completions filed
May 2009
1 of 1 wells
Plug dates filed
May 2021
1 of 1 wells

Last completion to plug: a median of 12.0 years across the 1 well that filed both dates, with the middle half between 12.0 years and 12.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-29734815111,553 ftMay 2009May 2021Yes

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 (145)

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

145 months

May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20176413746.772.98$3,402
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 201617213341.553.10$7,559
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20161786736.561.99$6,641
Mar 2016023833.011.79$427
Feb 20162,1517,41826.472.06$72,245
Jan 20169253,64527.352.36$33,917
Dec 20151,7775,89832.362.00$69,308
Nov 20151,9987,25638.792.17$93,229
Oct 20151,8347,15243.552.43$97,226
Sep 20151,9926,31542.992.76$103,056
Aug 20152,1676,34840.162.87$105,261
Jul 20151,7925,93148.152.95$103,752
Jun 20152,2147,48056.152.88$145,880
May 20152,5627,15855.212.96$162,603
Apr 20152,7397,79949.822.71$157,566
Mar 20152,5527,17742.892.93$130,518
Feb 20152,3576,85044.662.98$125,651
Jan 20153,0058,51243.433.10$156,900
Dec 20149172,37354.693.59$58,673
Nov 20142,9266,98870.464.25$235,878
Oct 20142,8548,02978.303.90$254,789
Sep 20142,6478,01486.164.05$260,486
Aug 20142,4887,35189.394.04$252,064
Jul 20143,0459,09696.564.18$332,043
Jun 20141,9675,24698.164.74$217,930
May 20148934,14494.734.73$104,181
Apr 20147054,26695.944.81$88,153
Mar 20141,0834,45195.895.06$126,357
Feb 20149063,60897.406.19$110,585
Jan 20141,0825,05890.404.86$122,398
Dec 20131,2325,29591.824.35$136,179
Nov 20139135,49788.853.74$101,669
Oct 20131,2585,78897.423.78$144,429
Sep 20131,2474,889104.113.72$148,001
Aug 20131,0474,869104.253.52$126,301
Jul 20131,0794,987102.523.72$129,159
Jun 20131,2575,24894.403.93$139,303
May 20131,2685,22594.834.15$141,923
Apr 20131,0715,65193.964.28$124,832
Mar 20131,4435,86193.623.91$158,027
Feb 20131,4445,19191.233.42$149,489
Jan 20131,0906,26491.603.42$121,266
Dec 20121,2727,75486.773.42$136,891
Nov 20128896,73686.953.62$101,716
Oct 20121,2556,80289.383.40$135,297
Sep 20121,4496,83194.672.92$157,112
Aug 20121,2547,16692.662.91$137,036
Jul 20121,9257,33285.133.02$186,024
Jun 20121,2656,06179.822.52$116,240
May 20121,6406,04291.612.49$165,275
Apr 20129025,281101.652.00$102,233
Mar 20121,1093,611105.052.22$124,524
Feb 20121,1214,626101.102.57$125,223
Jan 20121,5165,24898.092.73$163,053
Dec 20119496,45096.873.24$112,826
Nov 20111,8367,38895.723.31$200,206
Oct 20111,8229,21684.983.65$188,459
Sep 20119332,84983.623.99$89,373
Aug 20119367,09783.404.15$107,510
Jul 20112,0287,23294.144.52$223,585
Jun 20111,4497,34692.904.64$168,697
May 20111,9907,39598.134.40$227,852
Apr 20111,8567,228105.964.33$227,983
Mar 20112,0867,46096.364.06$231,275
Feb 20111,1446,43485.644.18$124,866
Jan 20112,5008,21886.504.59$253,961
Dec 20101,3308,48885.734.35$150,925
Nov 20102,3138,71580.843.80$220,059
Oct 20101,7008,83578.103.51$163,771
Sep 20102,0739,05772.633.98$186,604
Aug 20102,0539,43573.684.42$192,962
Jul 20102,42710,90272.554.74$227,716
Jun 20102,62510,71670.364.91$237,315
May 20102,4482,80671.124.24$185,986
Apr 20101,8969,39581.694.12$193,617
Mar 20102,67511,20378.394.39$258,860
Feb 20102,65511,53373.585.44$258,122
Jan 20102,88212,87274.365.96$291,075
Dec 20093,07614,21771.445.48$297,712
Nov 20093,18815,22774.593.75$294,917
Oct 20093,75217,75972.544.11$345,164
Sep 20094,68720,72965.543.06$370,715
Aug 20094,24117,60867.423.22$342,600
Jul 20095,08518,86061.133.46$376,187
Jun 20095,85924,47566.163.90$482,962
May 200910,93842,89254.743.93$767,129

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 2017 — as filed, then multipliedworked
Condensate            64 bbl  × $ 46.77 =     $2,993
Gas                  137 Mcf  × $  2.98 =       $409

────────────────────────────────────────────────────
Month total                                   $3,402

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/254301 is the state's own key, not one this site invented.