LUCAS, R.

Operated by ROYAL PRODUCTION COMPANY, INC. (P-5 732075) in the HINNANT (5500) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 264393District 02Field 41609750CondensateGasSaveExport
Value, all time
$722 k
Oct 2011 – Sep 2015
Value, last 12 filed months
$17 k
at the published price for each month
Months reported
48
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 2 leases and 2 wells, and the rule below applies to all of them.

Discovered
1963-02-01
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: AOF-1 AND AOF-2 EFFECTIVE 11/01/2012.

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
CondensateDisposition5,753 bbl$540,804
GasProduction57,121 Mcf$181,054
Total$721,858

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 28.1019, -97.9823. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.10187, -97.98233 · 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
6,200 ft
1 wells filed one
Completion to plug
3.9 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 6,200 ft.

Completions filed
Oct 2011
1 of 1 wells
Plug dates filed
Sep 2015
1 of 1 wells

Last completion to plug: a median of 3.9 years across the 1 well that filed both dates, with the middle half between 3.9 years and 3.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2973501726,200 ftOct 2011Sep 2015Yes

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

Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20151048.152.95$48
Jun 20152056.152.88$112
May 20154055.212.96$221
Apr 2015810149.822.71$672
Mar 20152927942.892.93$2,063
Feb 20151232044.662.98$1,488
Jan 2015487943.433.10$2,330
Dec 20145827354.693.59$4,152
Nov 20144726470.464.25$4,434
Oct 2014027578.303.90$1,073
Sep 20143917086.164.05$4,048
Aug 20143628589.394.04$4,368
Jul 20143127596.564.18$4,143
Jun 20143630098.164.74$4,955
May 20143626994.734.73$4,682
Apr 20143830395.944.81$5,103
Mar 20147828595.895.06$8,921
Feb 20144129297.406.19$5,801
Jan 20147831790.404.86$8,592
Dec 20133829891.824.35$4,787
Nov 20132826488.853.74$3,475
Oct 20137019797.423.78$7,564
Sep 201327189104.113.72$3,514
Aug 201366383104.253.52$8,230
Jul 201374557102.523.72$9,657
Jun 20137968594.403.93$10,152
May 20137670894.834.15$10,145
Apr 20131571,28393.964.28$20,246
Mar 20131071,49993.623.91$15,883
Feb 20131321,33891.233.42$16,618
Jan 20131221,46691.603.42$16,189
Dec 20121181,43786.773.42$15,154
Nov 20121261,70386.953.62$17,129
Oct 20121611,44289.383.40$19,293
Sep 201211988994.672.92$13,860
Aug 201214715492.662.91$14,069
Jul 20128445685.133.02$8,528
Jun 20121961,08779.822.52$18,383
May 20123052,48391.612.49$34,120
Apr 20122841,667101.652.00$32,197
Mar 20124304,954105.052.22$56,180
Feb 20123534,626101.102.57$47,578
Jan 20125425,61398.092.73$68,511
Dec 20115966,56296.873.24$78,994
Nov 20116948,02895.723.31$93,013
Oct 201103,06684.983.65$11,186

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.

Jul 2015 — as filed, then multipliedworked
Condensate             1 bbl  × $ 48.15 =        $48
Gas                    0 Mcf  × $  2.95 =         $0

────────────────────────────────────────────────────
Month total                                      $48

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/264393 is the state's own key, not one this site invented.