LORENZEN

Operated by PALOMA OPERATING, LLC (P-5 100344) in the EL TORO (6920) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 291356District 02Field 28203800CondensateGasSaveExport
Value, all time
$1.2 M
Jan 2021 – Jun 2025
Value, last 12 filed months
$98 k
at the published price for each month
Months reported
54
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 4 leases and 4 wells, and the rule below applies to all of them.

Discovered
1985-12-27
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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
CondensateDisposition3,982 bbl$311,619
GasProduction240,419 Mcf$915,284
Total$1,226,903

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 28.9083, -96.6582. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.90833, -96.65820 · 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
0.0%
0 of 1 wells
Median depth
6,805 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
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 6,805 ft.

Completions filed
Jan 2025
1 of 1 wells

1 well

42-2393394416,805 ftJan 2025Yes

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 (54)

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

54 months

Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 2025138067.704.27$9,343
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 202417251569.052.20$13,009
Oct 20240071.372.28$0
Sep 20241831,31569.612.36$15,848
Aug 20243551,29875.632.06$29,527
Jul 20243571,02179.932.15$30,727
Jun 20247111,25178.082.63$58,810
May 20241,1881,13078.812.20$96,111
Apr 202402,09984.451.66$3,483
Mar 20241831,37480.301.55$16,818
Feb 202404,99676.091.78$8,911
Jan 202405,39573.023.30$17,791
Dec 202308,27971.262.61$21,614
Nov 2023010,38477.892.81$29,154
Oct 202307,43885.443.09$22,963
Sep 202307,72489.042.74$21,125
Aug 2023011,29780.522.67$30,196
Jul 2023014,03774.852.64$37,083
Jun 202315714,96768.962.26$44,629
May 2023018,10070.622.23$40,316
Apr 202303,79378.122.24$8,488
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 20221762,326108.885.08$30,971
Feb 202205,67091.054.86$27,550
Jan 2022021,98781.844.54$99,770
Dec 2021012,51071.323.90$48,778
Nov 202118322,14077.435.24$130,114
Oct 202117925,92679.795.71$162,420
Sep 2021026,71069.865.35$142,923
Aug 202106,73766.024.22$28,434
Jul 20210070.783.98$0
Jun 20210069.493.38$0
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

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 2025 — as filed, then multipliedworked
Condensate           138 bbl  × $ 67.70 =     $9,343
Gas                    0 Mcf  × $  4.27 =         $0

────────────────────────────────────────────────────
Month total                                   $9,343

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/291356 is the state's own key, not one this site invented.