WALLACE

Name: WALLACE lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by DYNAMIC PRODUCTION, INC. (P-5 237926) in the MOUNT LUCAS (2600) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 92420District 02Field 63354729CondensateGasSave Export

Value, all time

$195 k

Jan 1993 – May 2009

Value, last 12 filed months

$634

at the published price for each month

Months reported

197

no gaps in the span

Streams

condensate, gas

The MOUNT LUCAS (2600) field

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

1937-09-08

as the register files it

Field class

Gas

the register's own label

Between wells

1,200 ft

minimum

From a lease line

467 ft

minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 1984-10-01.

The Commission's schedule remark for this field reads: “ALLOC. FORMULA EFF. 10-01-84.”

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.

Stream	Basis	Volume	Value
Condensate	Disposition	4 bbl	$138
Gas	Production	89,926 Mcf	$194,853
Total			$194,991

45,396 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 28.2262, -97.8796. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.22622, -97.87960 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

4,855 ft

1 wells filed one

Completion to plug

28.3 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 4,855 ft.

Completions filed

Feb 1981

1 of 1 wells

Plug dates filed

May 2009

1 of 1 wells

Last completion to plug: a median of 28.3 years across the 1 well that filed both dates, with the middle half between 28.3 years and 28.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-29731573	3	4,855 ft	Feb 1981	May 2009	Yes

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 (197)

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

197 months


May 2009	0	0	54.74	3.93	$0
Apr 2009	0	0	46.77	3.59	$0
Mar 2009	0	0	42.14	4.06	$0
Feb 2009	0	0	32.81	4.63	$0
Jan 2009	0	0	35.86	5.37	$0
Dec 2008	0	0	37.10	5.98	$0
Nov 2008	0	0	55.49	6.86	$0
Oct 2008	0	10	75.24	6.92	$69
Sep 2008	0	10	101.76	7.88	$79
Aug 2008	0	18	114.22	8.48	$153
Jul 2008	0	11	131.08	11.39	$125
Jun 2008	0	16	131.33	13.03	$209
May 2008	0	61	123.17	11.57	$706
Apr 2008	0	63	110.31	10.45	$659
Mar 2008	0	77	101.90	9.66	$744
Feb 2008	0	75	92.53	8.77	$658
Jan 2008	0	63	90.38	8.21	$517
Dec 2007	0	67	88.33	7.30	$489
Nov 2007	0	96	91.67	7.29	$700
Oct 2007	0	71	82.85	6.92	$491
Sep 2007	0	63	75.84	6.24	$393
Aug 2007	0	120	69.06	6.39	$767
Jul 2007	0	72	70.90	6.39	$460
Jun 2007	0	104	62.00	7.55	$785
May 2007	0	79	58.74	7.85	$620
Apr 2007	0	147	59.61	7.81	$1,147
Mar 2007	0	194	56.92	7.30	$1,417
Feb 2007	0	89	55.10	8.22	$731
Jan 2007	0	70	50.30	6.73	$471
Dec 2006	0	132	56.65	6.92	$913
Nov 2006	0	87	54.20	7.62	$663
Oct 2006	0	146	54.90	6.01	$878
Sep 2006	0	159	60.08	5.04	$801
Aug 2006	0	131	68.71	7.34	$962
Jul 2006	0	145	69.37	6.34	$920
Jun 2006	0	98	66.28	6.38	$626
May 2006	0	104	66.01	6.42	$668
Apr 2006	0	136	64.39	7.36	$1,001
Mar 2006	0	180	56.70	7.08	$1,275
Feb 2006	0	228	57.59	7.75	$1,767
Jan 2006	0	393	60.59	8.93	$3,511
Dec 2005	0	226	54.94	13.42	$3,032
Nov 2005	0	432	54.69	10.59	$4,574
Oct 2005	0	208	58.34	13.80	$2,870
Sep 2005	0	273	61.45	12.08	$3,298
Aug 2005	0	379	61.51	9.80	$3,713
Jul 2005	0	275	55.69	7.84	$2,157
Jun 2005	0	196	52.33	7.38	$1,447
May 2005	0	207	45.22	6.65	$1,377
Apr 2005	0	305	49.20	7.36	$2,245
Mar 2005	0	356	50.37	7.15	$2,547
Feb 2005	0	221	45.22	6.31	$1,395
Jan 2005	0	251	43.16	6.32	$1,587
Dec 2004	0	336	39.86	6.75	$2,268
Nov 2004	0	268	45.28	6.33	$1,697
Oct 2004	0	699	49.70	6.52	$4,554
Sep 2004	0	699	43.24	5.28	$3,693
Aug 2004	0	296	42.37	5.55	$1,643
Jul 2004	0	497	38.28	6.08	$3,024
Jun 2004	0	394	36.10	6.43	$2,535
May 2004	0	359	37.48	6.49	$2,332
Apr 2004	2	230	34.47	5.86	$1,416
Mar 2004	2	435	34.36	5.53	$2,474
Feb 2004	0	357	32.45	5.51	$1,967
Jan 2004	0	301	32.03	6.30	$1,896
Dec 2003	0	356	30.26	6.30	$2,243
Nov 2003	0	891	28.80	4.60	$4,094
Oct 2003	0	932	28.17	4.76	$4,436
Sep 2003	0	1,709	26.31	4.75	$8,117
Aug 2003	0	287	29.76	5.13	$1,472
Jul 2003	0	286	29.41	5.17	$1,479
Jun 2003	0	212	28.56	5.98	$1,268
May 2003	0	195	26.59	5.97	$1,165
Apr 2003	0	204	26.67	5.41	$1,103
Mar 2003	0	190	31.14	6.10	$1,158
Feb 2003	0	99	33.48	7.93	$785
Jan 2003	0	63	30.31	5.58	$352
Dec 2002	0	92	26.91	4.85	$447
Nov 2002	0	173	24.66	4.14	$716
Oct 2002	0	261	26.46	4.23	$1,104
Sep 2002	0	279	27.44	3.64	$1,014
Aug 2002	0	249	25.96	3.16	$788
Jul 2002	0	279	24.58	3.06	$854
Jun 2002	0	207	23.73	3.34	$691
May 2002	0	267	24.66	3.58	$957
Apr 2002	0	218	23.65	3.51	$766
Mar 2002	0	248	22.00	3.10	$769
Feb 2002	0	122	18.22	2.38	$290
Jan 2002	0	199	17.17	2.38	$473
Dec 2001	0	211	16.93	2.36	$499
Nov 2001	0	298	18.07	2.41	$717
Oct 2001	0	305	19.78	2.53	$771
Sep 2001	0	228	24.26	2.25	$513
Aug 2001	0	194	24.87	3.05	$592
Jul 2001	0	239	23.93	3.20	$764
Jun 2001	0	284	24.56	3.82	$1,086
May 2001	0	293	25.52	4.31	$1,262
Apr 2001	0	309	24.68	5.34	$1,649
Mar 2001	0	323	24.54	5.38	$1,737
Feb 2001	0	339	27.75	5.77	$1,955
Jan 2001	0	351	27.47	8.40	$2,948
Dec 2000	0	424	26.88	9.12	$3,868
Nov 2000	0	363	32.21	5.66	$2,054
Oct 2000	0	213	31.23	5.15	$1,096
Sep 2000	0	194	31.87	5.19	$1,006
Aug 2000	0	143	29.64	4.54	$649
Jul 2000	0	153	28.53	4.09	$626
Jun 2000	0	243	29.30	4.40	$1,069
May 2000	0	245	27.26	3.68	$902
Apr 2000	0	266	24.51	3.12	$829
Mar 2000	0	188	28.42	2.86	$538
Feb 2000	0	213	27.62	2.73	$581
Jan 2000	0	218	25.27	2.48	$541
Dec 1999	0	268	24.28	2.42	$650
Nov 1999	0	282	23.19	2.43	$686
Oct 1999	0	272	20.98	2.80	$763
Sep 1999	0	326	21.75	2.62	$854
Aug 1999	0	325	19.26	2.88	$935
Jul 1999	0	318	17.89	2.37	$754
Jun 1999	0	325	15.94	2.36	$768
May 1999	0	405	15.79	2.32	$940
Apr 1999	0	401	15.10	2.21	$885
Mar 1999	0	470	12.47	1.84	$864
Feb 1999	0	476	9.98	1.82	$865
Jan 1999	0	381	10.38	1.90	$724
Dec 1998	0	313	9.20	1.77	$555
Nov 1998	0	156	10.89	2.19	$341
Oct 1998	0	399	12.42	1.97	$786
Sep 1998	0	532	12.59	2.08	$1,108
Aug 1998	0	499	11.30	1.91	$952
Jul 1998	0	645	11.74	2.24	$1,443
Jun 1998	0	569	11.24	2.24	$1,273
May 1998	0	724	12.62	2.21	$1,597
Apr 1998	0	661	13.04	2.51	$1,656
Mar 1998	0	528	12.80	2.31	$1,219
Feb 1998	0	562	13.95	2.30	$1,292
Jan 1998	0	739	14.70	2.15	$1,592
Dec 1997	0	662	16.32	2.41	$1,596
Nov 1997	0	627	18.19	3.09	$1,936
Oct 1997	0	515	19.25	3.15	$1,622
Sep 1997	0	699	17.74	2.95	$2,065
Aug 1997	0	774	17.86	2.55	$1,977
Jul 1997	0	869	17.58	2.25	$1,953
Jun 1997	0	796	17.24	2.26	$1,797
May 1997	0	766	18.97	2.31	$1,768
Apr 1997	0	566	17.88	2.08	$1,179
Mar 1997	0	231	18.95	1.94	$448
Feb 1997	0	744	20.49	2.21	$1,641
Jan 1997	0	735	23.48	3.54	$2,602
Dec 1996	0	473	23.32	—	$0
Nov 1996	0	666	21.97	—	$0
Oct 1996	0	869	23.31	—	$0
Sep 1996	0	781	22.22	—	$0
Aug 1996	0	746	20.26	—	$0
Jul 1996	0	828	19.55	—	$0
Jun 1996	0	792	18.73	—	$0
May 1996	0	812	19.43	—	$0
Apr 1996	0	858	21.51	—	$0
Mar 1996	0	859	19.38	—	$0
Feb 1996	0	787	16.98	—	$0
Jan 1996	0	827	17.07	—	$0
Dec 1995	0	611	17.19	—	$0
Nov 1995	0	822	16.00	—	$0
Oct 1995	0	620	15.43	—	$0
Sep 1995	0	735	16.18	—	$0
Aug 1995	0	784	15.92	—	$0
Jul 1995	0	1,012	15.24	—	$0
Jun 1995	0	936	16.41	—	$0
May 1995	0	955	17.56	—	$0
Apr 1995	0	993	17.73	—	$0
Mar 1995	0	876	16.44	—	$0
Feb 1995	0	1,026	16.58	—	$0
Jan 1995	0	1,386	15.92	—	$0
Dec 1994	0	1,363	15.03	—	$0
Nov 1994	0	1,111	15.90	—	$0
Oct 1994	0	1,075	15.58	—	$0
Sep 1994	0	933	15.29	—	$0
Aug 1994	0	1,098	16.13	—	$0
Jul 1994	0	868	17.56	—	$0
Jun 1994	0	972	17.09	—	$0
May 1994	0	1,252	15.88	—	$0
Apr 1994	0	932	14.14	—	$0
Mar 1994	0	1,133	12.46	—	$0
Feb 1994	0	1,090	12.50	—	$0
Jan 1994	0	1,501	12.66	—	$0
Dec 1993	0	1,171	12.33	—	$0
Nov 1993	0	1,229	14.49	—	$0
Oct 1993	0	1,268	15.85	—	$0
Sep 1993	0	657	15.03	—	$0
Aug 1993	0	886	15.66	—	$0
Jul 1993	0	1,038	15.46	—	$0
Jun 1993	0	894	16.79	—	$0
May 1993	0	924	17.68	—	$0
Apr 1993	0	903	18.05	—	$0
Mar 1993	0	948	18.14	—	$0
Feb 1993	0	1,040	17.90	—	$0
Jan 1993	0	1,056	16.93	—	$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.

Oct 2008 — as filed, then multipliedworked

Condensate             0 bbl  × $ 75.24 =         $0
Gas                   10 Mcf  × $  6.92 =        $69

────────────────────────────────────────────────────
Month total                                      $69

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/92420 is the state's own key, not one this site invented.