FALLS CITY UNIT

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

Oil lease lease 5374District 02Field 30119680OilCasinghead gasSave
Value, all time
$307 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
OilDisposition16,121 bbl$306,442
Casinghead gasProduction702 Mcf$979
Total$307,421

365 Mcf of this lease's gas, across 35 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 (7)

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 29.0039, -98.0123. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.5 miles.

29.00505, -98.01270 · centre of 6 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%
7 of 7 wells
With a plug date
85.7%
6 of 7 wells
Median depth
6,050 ft
7 wells filed one
Completion to plug
27.2 years
median over 6 wells

What the state filed about each well

On the RRC proration schedule
7100.0%
A plug date is filed
685.7%
BothOn the schedule and plugged. Neither fact cancels the other.
685.7%
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 4,866 and 6,070 ft, median 6,050 ft, over the 7 wells that filed a depth.

Completions filed
Feb 1976 – Aug 1986
7 of 7 wells
Plug dates filed
May 2002 – Feb 2013
6 of 7 wells; 1 filed none

Last completion to plug: a median of 27.2 years across the 6 wells that filed both dates, with the middle half between 26.3 years and 28.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

7 wells

42-25500019676,050 ftAug 1986Jan 2013Yes
42-255000041366,070 ftJan 1986Nov 2006Yes
42-25500020684,980 ftMay 1983Yes
42-255007296126,055 ftDec 1982Feb 2013Yes
42-255000071396,062 ftMay 1976Mar 2004Yes
42-255000256154,888 ftMar 1976May 2002Yes
42-255000246144,866 ftFeb 1976Oct 2004Yes

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 20014027.755.77$111
Jan 20014027.478.40$110
Dec 200013126.889.12$359
Nov 20000032.215.66$0
Oct 2000142031.235.15$4,435
Sep 20005332631.875.19$17,122
Aug 200021029.644.54$622
Jul 200092128.534.09$2,629
Jun 20005972029.304.40$17,580
May 20005672127.263.68$15,534
Apr 20005722024.513.12$14,082
Mar 20006321728.422.86$18,010
Feb 20004911927.622.73$13,613
Jan 200061025.272.48$1,541
Dec 1999188824.282.42$4,584
Nov 19994741523.192.43$11,029
Oct 19996122020.982.80$12,896
Sep 19994541421.752.62$9,911
Aug 19993551119.262.88$6,869
Jul 19995141717.892.37$9,236
Jun 19995421715.942.36$8,680
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 1998279810.892.19$3,056
Oct 1998236712.421.97$2,945
Sep 1998294912.592.08$3,720
Aug 19983051011.301.91$3,466
Jul 1998314911.742.24$3,707
Jun 1998275811.242.24$3,109
May 1998294912.622.21$3,730
Apr 1998276813.042.51$3,619
Mar 1998179812.802.31$2,310
Feb 19982142413.952.30$3,040
Jan 19981461014.702.15$2,168
Dec 19970016.322.41$0
Nov 19970018.193.09$0
Oct 19970019.253.15$0
Sep 19970017.742.95$0
Aug 19970017.862.55$0
Jul 19970017.582.25$0
Jun 19970017.242.26$0
May 19970018.972.31$0
Apr 19970017.882.08$0
Mar 19970018.951.94$0
Feb 19970020.492.21$0
Jan 19970023.483.54$0
Dec 19960023.32$0
Nov 19960021.97$0
Oct 19960023.31$0
Sep 19960022.22$0
Aug 19960020.26$0
Jul 19960019.55$0
Jun 19960018.73$0
May 19960019.43$0
Apr 19960021.51$0
Mar 1996248619.38$4,806
Feb 1996232316.98$3,939
Jan 1996185317.07$3,158
Dec 1995124317.19$2,132
Nov 19954151016.00$6,640
Oct 1995377915.43$5,817
Sep 1995390916.18$6,310
Aug 19953321015.92$5,285
Jul 19954021215.24$6,126
Jun 19951201216.41$1,969
May 19951241217.56$2,177
Apr 19953791217.73$6,720
Mar 19951241216.44$2,039
Feb 19950016.58$0
Jan 1995124115.92$1,974
Dec 19940015.03$0
Nov 19940015.90$0
Oct 19941241215.58$1,932
Sep 19941201215.29$1,835
Aug 19941241216.13$2,000
Jul 19941241217.56$2,177
Jun 19941201217.09$2,051
May 19941201215.88$1,906
Apr 19941281214.14$1,810
Mar 19941281212.46$1,595
Feb 19941241112.50$1,550
Jan 19941351212.66$1,709
Dec 19931341212.33$1,652
Nov 19931501214.49$2,174
Oct 19931501215.85$2,378
Sep 19931551215.03$2,330
Aug 19931551215.66$2,427
Jul 19931551215.46$2,396
Jun 19931491216.79$2,502
May 19931481217.68$2,617
Apr 19931291218.05$2,328
Mar 19931481218.14$2,685
Feb 19930017.90$0
Jan 19931451216.93$2,455

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.

Feb 2001 — as filed, then multipliedworked
Oil                    4 bbl  × $ 27.75 =       $111
Casinghead gas         0 Mcf  × $  5.77 =         $0

────────────────────────────────────────────────────
Month total                                     $111

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/5374 is the state's own key, not one this site invented.