FALLS CITY UNIT

Operated by LEGEND NATURAL GAS II, LP (P-5 495450) in the FALLS CITY (MMA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 5358District 02Field 30119580OilCasinghead gasSave
Value, all time
$451 k
Jan 1993 – Oct 2006
Value, last 12 filed months
$0
at the published price for each month
Months reported
166
no gaps in the span
Streams
2
oil, casinghead gas

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
OilDisposition25,723 bbl$448,855
Casinghead gasProduction3,242 Mcf$1,977
Total$450,832

2,454 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 (5)

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 29.0026, -98.0169. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.6 miles.

29.00515, -98.01429 · centre of 3 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%
5 of 5 wells
With a plug date
60.0%
3 of 5 wells
Median depth
6,060 ft
5 wells filed one
Completion to plug
26.1 years
median over 3 wells

What the state filed about each well

On the RRC proration schedule
5100.0%
A plug date is filed
360.0%
BothOn the schedule and plugged. Neither fact cancels the other.
360.0%
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 6,045 and 6,512 ft, median 6,060 ft, over the 5 wells that filed a depth.

Completions filed
Feb 1979 – Jan 1985
5 of 5 wells
Plug dates filed
Sep 2005 – Feb 2011
3 of 5 wells; 2 filed none

Last completion to plug: a median of 26.1 years across the 3 wells that filed both dates, with the middle half between 24.1 years and 27.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

5 wells

42-2553110713206,512 ftJan 1985Feb 2011Yes
42-2550001013126,060 ftDec 1984Yes
42-25530215619 U6,415 ftSep 1983Sep 2005Yes
42-25500738246,045 ftJun 1979Oct 2008Yes
42-2550001213146,045 ftFeb 1979Yes

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 (166)

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

166 months

Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 19980013.042.51$0
Mar 19980012.802.31$0
Feb 19980013.952.30$0
Jan 199845814.702.15$679
Dec 19971531916.322.41$2,543
Nov 19971421818.193.09$2,639
Oct 19971603619.253.15$3,193
Sep 19973146917.742.95$5,774
Aug 19973168417.862.55$5,858
Jul 19973138417.582.25$5,691
Jun 19973679017.242.26$6,530
May 19974038118.972.31$7,832
Apr 19974397517.882.08$8,006
Mar 19975987018.951.94$11,468
Feb 19974406720.492.21$9,163
Jan 19976178723.483.54$14,795
Dec 19964168623.32$9,701
Nov 19965739021.97$12,589
Oct 19965979723.31$13,916
Sep 19965729322.22$12,710
Aug 199668210320.26$13,817
Jul 19965538219.55$10,811
Jun 19965886718.73$11,013
May 199666810319.43$12,979
Apr 199666410021.51$14,283
Mar 199671313219.38$13,818
Feb 199653110816.98$9,016
Jan 19962793217.07$4,763
Dec 19952482617.19$4,263
Nov 19952592516.00$4,144
Oct 19952482615.43$3,827
Sep 19952852516.18$4,611
Aug 19952352615.92$3,741
Jul 1995166715.24$2,530
Jun 19952223416.41$3,643
May 19952163517.56$3,793
Apr 19952474317.73$4,379
Mar 19952084416.44$3,420
Feb 19952474116.58$4,095
Jan 19953994415.92$6,352
Dec 19943434415.03$5,155
Nov 19944704315.90$7,473
Oct 19945414415.58$8,429
Sep 19943664315.29$5,596
Aug 19945094416.13$8,210
Jul 19946245417.56$10,957
Jun 19945674317.09$9,690
May 19945904415.88$9,369
Apr 19945984314.14$8,456
Mar 19946284412.46$7,825
Feb 19945604112.50$7,000
Jan 19946203812.66$7,849
Dec 19934943812.33$6,091
Nov 19936603714.49$9,563
Oct 19936823815.85$10,810
Sep 19934203815.03$6,313
Aug 19935583815.66$8,738
Jul 19933793815.46$5,859
Jun 19932713716.79$4,550
May 19933133817.68$5,534
Apr 19933523718.05$6,354
Mar 19933753518.14$6,803
Feb 19933193217.90$5,710
Jan 19933615416.93$6,112

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.

Jan 1998 — as filed, then multipliedworked
Oil                   45 bbl  × $ 14.70 =       $662
Casinghead gas         8 Mcf  × $  2.15 =        $17

────────────────────────────────────────────────────
Month total                                     $679

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/5358 is the state's own key, not one this site invented.