LABUS, T.

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

Operated by BLACKBRUSH O & G, INC. (P-5 73027) in the LABUS (EDWARDS, UPPER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 2901District 02Field 51138666Hydrogen sulphide fieldOilCasinghead gasSave Export

Value, all time

$1.0 M

Jan 1993 – Feb 2008

Value, last 12 filed months

at the published price for each month

Months reported

182

no gaps in the span

Streams

oil, casinghead gas

The LABUS (EDWARDS, UPPER) 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 6 leases and 7 wells, and the rule below applies to all of them.

Discovered

1961-09-13

as the register files it

Field class

Oil and gas

the register's own label

Between wells

1,320 ft

minimum

From a lease line

467 ft

minimum

A drilling unit in this field needs at least 80 acres.

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: “MULTI. 49B FLD.”

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
Oil	Disposition	51,166 bbl	$937,554
Casinghead gas	Production	80,219 Mcf	$105,042
Total			$1,042,596

45,823 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 (2)

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 29.0494, -97.8711. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

29.04938, -97.87108 · 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%

2 of 2 wells

With a plug date

100.0%

2 of 2 wells

Median depth

11,101 ft

2 wells filed one

Completion to plug

28.1 years

median over 1 well

What the state filed about each well

On the RRC proration schedule

2100.0%

A plug date is filed

2100.0%

BothOn the schedule and plugged. Neither fact cancels the other.

2100.0%

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

Between 11,100 and 11,101 ft, median 11,101 ft, over the 2 wells that filed a depth.

Completions filed

Apr 1979

1 of 2 wells; 1 filed none

Plug dates filed

May 2007 – Oct 2007

2 of 2 wells

Last completion to plug: a median of 28.1 years across the 1 well that filed both dates, with the middle half between 28.1 years and 28.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells


42-25500088	1	11,101 ft	—	Oct 2007	Yes
42-25500089	2	11,100 ft	Apr 1979	May 2007	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 (182)

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

182 months


Feb 2008	0	0	92.53	8.77	$0
Jan 2008	0	0	90.38	8.21	$0
Dec 2007	0	0	88.33	7.30	$0
Nov 2007	0	0	91.67	7.29	$0
Oct 2007	0	0	82.85	6.92	$0
Sep 2007	0	0	75.84	6.24	$0
Aug 2007	0	0	69.06	6.39	$0
Jul 2007	0	0	70.90	6.39	$0
Jun 2007	0	0	62.00	7.55	$0
May 2007	0	0	58.74	7.85	$0
Apr 2007	0	0	59.61	7.81	$0
Mar 2007	0	0	56.92	7.30	$0
Feb 2007	0	0	55.10	8.22	$0
Jan 2007	0	0	50.30	6.73	$0
Dec 2006	0	0	56.65	6.92	$0
Nov 2006	0	0	54.20	7.62	$0
Oct 2006	0	0	54.90	6.01	$0
Sep 2006	0	0	60.08	5.04	$0
Aug 2006	0	0	68.71	7.34	$0
Jul 2006	0	0	69.37	6.34	$0
Jun 2006	0	0	66.28	6.38	$0
May 2006	0	0	66.01	6.42	$0
Apr 2006	0	0	64.39	7.36	$0
Mar 2006	0	0	56.70	7.08	$0
Feb 2006	0	0	57.59	7.75	$0
Jan 2006	0	0	60.59	8.93	$0
Dec 2005	0	0	54.94	13.42	$0
Nov 2005	0	0	54.69	10.59	$0
Oct 2005	0	0	58.34	13.80	$0
Sep 2005	0	0	61.45	12.08	$0
Aug 2005	0	0	61.51	9.80	$0
Jul 2005	0	0	55.69	7.84	$0
Jun 2005	0	0	52.33	7.38	$0
May 2005	0	0	45.22	6.65	$0
Apr 2005	0	0	49.20	7.36	$0
Mar 2005	0	0	50.37	7.15	$0
Feb 2005	0	0	45.22	6.31	$0
Jan 2005	0	0	43.16	6.32	$0
Dec 2004	0	0	39.86	6.75	$0
Nov 2004	143	0	45.28	6.33	$6,475
Oct 2004	0	0	49.70	6.52	$0
Sep 2004	0	0	43.24	5.28	$0
Aug 2004	0	0	42.37	5.55	$0
Jul 2004	0	0	38.28	6.08	$0
Jun 2004	0	0	36.10	6.43	$0
May 2004	0	0	37.48	6.49	$0
Apr 2004	0	267	34.47	5.86	$1,564
Mar 2004	0	220	34.36	5.53	$1,217
Feb 2004	0	0	32.45	5.51	$0
Jan 2004	0	312	32.03	6.30	$1,965
Dec 2003	0	0	30.26	6.30	$0
Nov 2003	0	0	28.80	4.60	$0
Oct 2003	0	193	28.17	4.76	$919
Sep 2003	0	63	26.31	4.75	$299
Aug 2003	0	11	29.76	5.13	$56
Jul 2003	0	96	29.41	5.17	$496
Jun 2003	0	173	28.56	5.98	$1,035
May 2003	0	8	26.59	5.97	$48
Apr 2003	0	0	26.67	5.41	$0
Mar 2003	0	0	31.14	6.10	$0
Feb 2003	0	8	33.48	7.93	$63
Jan 2003	179	93	30.31	5.58	$5,945
Dec 2002	0	25	26.91	4.85	$121
Nov 2002	0	0	24.66	4.14	$0
Oct 2002	0	0	26.46	4.23	$0
Sep 2002	0	0	27.44	3.64	$0
Aug 2002	0	0	25.96	3.16	$0
Jul 2002	173	0	24.58	3.06	$4,252
Jun 2002	0	0	23.73	3.34	$0
May 2002	0	0	24.66	3.58	$0
Apr 2002	0	0	23.65	3.51	$0
Mar 2002	0	0	22.00	3.10	$0
Feb 2002	0	0	18.22	2.38	$0
Jan 2002	343	0	17.17	2.38	$5,889
Dec 2001	176	235	16.93	2.36	$3,535
Nov 2001	549	84	18.07	2.41	$10,122
Oct 2001	374	0	19.78	2.53	$7,398
Sep 2001	709	424	24.26	2.25	$18,155
Aug 2001	184	8	24.87	3.05	$4,601
Jul 2001	182	0	23.93	3.20	$4,355
Jun 2001	51	0	24.56	3.82	$1,253
May 2001	0	0	25.52	4.31	$0
Apr 2001	0	60	24.68	5.34	$320
Mar 2001	342	70	24.54	5.38	$8,769
Feb 2001	365	133	27.75	5.77	$10,896
Jan 2001	180	33	27.47	8.40	$5,222
Dec 2000	0	0	26.88	9.12	$0
Nov 2000	362	208	32.21	5.66	$12,837
Oct 2000	372	0	31.23	5.15	$11,618
Sep 2000	551	1,268	31.87	5.19	$24,137
Aug 2000	533	307	29.64	4.54	$17,192
Jul 2000	362	1,648	28.53	4.09	$17,068
Jun 2000	736	2,809	29.30	4.40	$33,917
May 2000	325	1,536	27.26	3.68	$14,512
Apr 2000	737	1,030	24.51	3.12	$21,273
Mar 2000	159	140	28.42	2.86	$4,919
Feb 2000	541	0	27.62	2.73	$14,942
Jan 2000	158	1,172	25.27	2.48	$6,900
Dec 1999	372	1,391	24.28	2.42	$12,404
Nov 1999	527	164	23.19	2.43	$12,620
Oct 1999	573	0	20.98	2.80	$12,022
Sep 1999	569	1,131	21.75	2.62	$15,338
Aug 1999	744	3,515	19.26	2.88	$24,437
Jul 1999	195	238	17.89	2.37	$4,053
Jun 1999	554	819	15.94	2.36	$10,765
May 1999	704	439	15.79	2.32	$12,135
Apr 1999	890	0	15.10	2.21	$13,439
Mar 1999	525	803	12.47	1.84	$8,023
Feb 1999	889	0	9.98	1.82	$8,872
Jan 1999	0	0	10.38	1.90	$0
Dec 1998	182	0	9.20	1.77	$1,674
Nov 1998	443	67	10.89	2.19	$4,971
Oct 1998	366	168	12.42	1.97	$4,877
Sep 1998	178	168	12.59	2.08	$2,591
Aug 1998	357	168	11.30	1.91	$4,355
Jul 1998	17	1,815	11.74	2.24	$4,260
Jun 1998	535	0	11.24	2.24	$6,013
May 1998	524	0	12.62	2.21	$6,613
Apr 1998	540	168	13.04	2.51	$7,463
Mar 1998	522	168	12.80	2.31	$7,070
Feb 1998	175	168	13.95	2.30	$2,828
Jan 1998	172	168	14.70	2.15	$2,890
Dec 1997	174	168	16.32	2.41	$3,245
Nov 1997	175	168	18.19	3.09	$3,702
Oct 1997	179	178	19.25	3.15	$4,006
Sep 1997	350	421	17.74	2.95	$7,453
Aug 1997	550	950	17.86	2.55	$12,250
Jul 1997	554	1,104	17.58	2.25	$12,220
Jun 1997	727	815	17.24	2.26	$14,373
May 1997	558	681	18.97	2.31	$12,157
Apr 1997	369	1,638	17.88	2.08	$10,009
Mar 1997	561	1,963	18.95	1.94	$14,437
Feb 1997	187	1,132	20.49	2.21	$6,329
Jan 1997	539	986	23.48	3.54	$16,146
Dec 1996	351	168	23.32	—	$8,185
Nov 1996	358	168	21.97	—	$7,865
Oct 1996	537	465	23.31	—	$12,517
Sep 1996	362	428	22.22	—	$8,044
Aug 1996	556	731	20.26	—	$11,265
Jul 1996	713	168	19.55	—	$13,939
Jun 1996	356	168	18.73	—	$6,668
May 1996	550	696	19.43	—	$10,687
Apr 1996	719	815	21.51	—	$15,466
Mar 1996	358	1,385	19.38	—	$6,938
Feb 1996	715	1,078	16.98	—	$12,141
Jan 1996	410	168	17.07	—	$6,999
Dec 1995	177	679	17.19	—	$3,043
Nov 1995	374	1,119	16.00	—	$5,984
Oct 1995	539	851	15.43	—	$8,317
Sep 1995	549	1,009	16.18	—	$8,883
Aug 1995	904	1,490	15.92	—	$14,392
Jul 1995	557	2,058	15.24	—	$8,489
Jun 1995	551	2,489	16.41	—	$9,042
May 1995	558	2,118	17.56	—	$9,798
Apr 1995	718	1,685	17.73	—	$12,730
Mar 1995	538	875	16.44	—	$8,845
Feb 1995	178	168	16.58	—	$2,951
Jan 1995	358	168	15.92	—	$5,699
Dec 1994	534	848	15.03	—	$8,026
Nov 1994	713	905	15.90	—	$11,337
Oct 1994	546	1,097	15.58	—	$8,507
Sep 1994	536	286	15.29	—	$8,195
Aug 1994	903	601	16.13	—	$14,565
Jul 1994	732	718	17.56	—	$12,854
Jun 1994	716	666	17.09	—	$12,236
May 1994	902	1,692	15.88	—	$14,324
Apr 1994	363	1,453	14.14	—	$5,133
Mar 1994	884	1,019	12.46	—	$11,015
Feb 1994	360	1,177	12.50	—	$4,500
Jan 1994	362	1	12.66	—	$4,583
Dec 1993	363	258	12.33	—	$4,476
Nov 1993	703	1,131	14.49	—	$10,186
Oct 1993	716	826	15.85	—	$11,349
Sep 1993	897	2,062	15.03	—	$13,482
Aug 1993	691	1,914	15.66	—	$10,821
Jul 1993	1,085	3,386	15.46	—	$16,774
Jun 1993	720	2,438	16.79	—	$12,089
May 1993	547	2,194	17.68	—	$9,671
Apr 1993	546	1	18.05	—	$9,855
Mar 1993	366	1	18.14	—	$6,639
Feb 1993	370	1	17.90	—	$6,623
Jan 1993	363	1	16.93	—	$6,146

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.

Nov 2004 — as filed, then multipliedworked

Oil                  143 bbl  × $ 45.28 =     $6,475
Casinghead gas         0 Mcf  × $  6.33 =         $0

────────────────────────────────────────────────────
Month total                                   $6,475

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/O/2901 is the state's own key, not one this site invented.