LEVERIDGE, W. C., AAIF, MDL

Operated by SOUTHEASTERN PIPE LINE COMPANY (P-5 803290) in the BERNARD, EAST (7700) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 128323District 03Field 07301747NGPA filingCondensateGasSaveExport
Value, all time
$515 k
Jan 1993 – Jul 2016
Value, last 12 filed months
$383
at the published price for each month
Months reported
283
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 37 leases and 37 wells, and the rule below applies to all of them.

Discovered
1962-02-27
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 2009-07-14.

The Commission's schedule remark for this field reads: FIELDS EFFECTIVE 7/14/09. TWO PART ALLOCATION WAS ADOPTED .

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
CondensateDisposition304 bbl$6,706
GasProduction173,750 Mcf$508,091
Total$514,797

30,509 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 (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 29.5514, -96.0686. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.55143, -96.06857 · 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
100.0%
1 of 1 wells
Median depth
8,398 ft
1 wells filed one
Completion to plug
25.6 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 8,398 ft.

Completions filed
Aug 1988
1 of 1 wells
Plug dates filed
Mar 2014
1 of 1 wells

Last completion to plug: a median of 25.6 years across the 1 well that filed both dates, with the middle half between 25.6 years and 25.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-481331691A8,398 ftAug 1988Mar 2014Yes

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 (283)

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

283 months

Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20169042.521.99$383
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 201001378.103.51$46
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 201001481.694.12$58
Mar 2010010678.394.39$465
Feb 2010018573.585.44$1,007
Jan 20100074.365.96$0
Dec 200905471.445.48$296
Nov 20090074.593.75$0
Oct 200907272.544.11$296
Sep 200901665.543.06$49
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 2009014335.865.37$768
Dec 200804937.105.98$293
Nov 200807955.496.86$542
Oct 200808575.246.92$588
Sep 2008084101.767.88$662
Aug 20080139114.228.48$1,179
Jul 2008099131.0811.39$1,128
Jun 20080141131.3313.03$1,838
May 2008012123.1711.57$139
Apr 20080387110.3110.45$4,046
Mar 20080279101.909.66$2,696
Feb 2008037592.538.77$3,289
Jan 2008039690.388.21$3,249
Dec 2007051788.337.30$3,775
Nov 2007065791.677.29$4,791
Oct 2007014282.856.92$983
Sep 2007014675.846.24$912
Aug 200704669.066.39$294
Jul 20070070.906.39$0
Jun 2007029462.007.55$2,219
May 2007030258.747.85$2,370
Apr 2007040759.617.81$3,177
Mar 2007061256.927.30$4,469
Feb 2007041355.108.22$3,393
Jan 2007038750.306.73$2,603
Dec 2006034756.656.92$2,401
Nov 2006055754.207.62$4,243
Oct 2006043254.906.01$2,598
Sep 2006026760.085.04$1,345
Aug 2006022768.717.34$1,666
Jul 2006029369.376.34$1,858
Jun 2006032566.286.38$2,075
May 2006032866.016.42$2,107
Apr 2006028064.397.36$2,061
Mar 2006032156.707.08$2,274
Feb 2006031857.597.75$2,465
Jan 2006033660.598.93$3,002
Dec 2005029154.9413.42$3,904
Nov 2005025654.6910.59$2,711
Oct 2005032258.3413.80$4,442
Sep 2005042361.4512.08$5,109
Aug 2005030561.519.80$2,988
Jul 2005028655.697.84$2,243
Jun 2005032152.337.38$2,369
May 2005025045.226.65$1,663
Apr 2005038949.207.36$2,863
Mar 2005044950.377.15$3,213
Feb 2005049245.226.31$3,105
Jan 2005055143.166.32$3,484
Dec 2004044939.866.75$3,031
Nov 2004041545.286.33$2,627
Oct 2004046749.706.52$3,043
Sep 2004042743.245.28$2,256
Aug 2004046842.375.55$2,598
Jul 2004055338.286.08$3,365
Jun 2004065536.106.43$4,214
May 20042373737.486.49$5,649
Apr 2004068634.475.86$4,019
Mar 2004074734.365.53$4,131
Feb 2004069932.455.51$3,851
Jan 2004073032.036.30$4,599
Dec 2003071530.266.30$4,506
Nov 2003063928.804.60$2,936
Oct 2003073328.174.76$3,489
Sep 2003063926.314.75$3,035
Aug 2003063929.765.13$3,278
Jul 2003064929.415.17$3,356
Jun 2003065628.565.98$3,925
May 2003071326.595.97$4,259
Apr 2003065526.675.41$3,542
Mar 2003066831.146.10$4,072
Feb 2003065933.487.93$5,223
Jan 2003069330.315.58$3,868
Dec 2002377426.914.85$3,838
Nov 2002077524.664.14$3,206
Oct 2002088126.464.23$3,726
Sep 2002096427.443.64$3,504
Aug 200201,07825.963.16$3,411
Jul 200201,14024.583.06$3,490
Jun 200201,06823.733.34$3,565
May 200201,26224.663.58$4,523
Apr 200201,32723.653.51$4,661
Mar 200201,57622.003.10$4,890
Feb 200201,43718.222.38$3,414
Jan 200201,65117.172.38$3,922
Dec 200102,09716.932.36$4,958
Nov 200101,45018.072.41$3,488
Oct 200101,21919.782.53$3,083
Sep 2001059724.262.25$1,344
Aug 200106224.873.05$189
Jul 2001275923.933.20$2,474
Jun 2001076924.563.82$2,941
May 2001066225.524.31$2,851
Apr 2001053324.685.34$2,844
Mar 2001068524.545.38$3,683
Feb 2001060627.755.77$3,495
Jan 2001071927.478.40$6,039
Dec 2000072626.889.12$6,623
Nov 20005458432.215.66$5,044
Oct 2000266831.235.15$3,500
Sep 2000064531.875.19$3,345
Aug 2000067529.644.54$3,065
Jul 2000059528.534.09$2,433
Jun 2000073229.304.40$3,219
May 2000076027.263.68$2,797
Apr 2000076524.513.12$2,384
Mar 2000078128.422.86$2,233
Feb 2000082527.622.73$2,249
Jan 2000093225.272.48$2,312
Dec 199901,02224.282.42$2,477
Nov 199901,05623.192.43$2,570
Oct 199901,33420.982.80$3,740
Sep 199901,43621.752.62$3,761
Aug 199901,51919.262.88$4,368
Jul 199901,42317.892.37$3,376
Jun 199901,46615.942.36$3,463
May 199901,56015.792.32$3,621
Apr 199901,55915.102.21$3,442
Mar 199901,64912.471.84$3,031
Feb 199901,5709.981.82$2,854
Jan 199901,62110.381.90$3,080
Dec 199801,6649.201.77$2,951
Nov 199801,76710.892.19$3,862
Oct 199802,21612.421.97$4,364
Sep 199802,77212.592.08$5,773
Aug 199803,34411.301.91$6,378
Jul 199804,09711.742.24$9,166
Jun 199804,21611.242.24$9,432
May 199805,07112.622.21$11,188
Apr 199805,64513.042.51$14,143
Mar 199807,50712.802.31$17,337
Feb 199808,00713.952.30$18,409
Jan 1998010,42414.702.15$22,462
Dec 199702,99316.322.41$7,216
Nov 1997044518.193.09$1,374
Oct 1997039919.253.15$1,257
Sep 1997049017.742.95$1,448
Aug 1997072817.862.55$1,860
Jul 19977148617.582.25$2,340
Jun 1997053617.242.26$1,210
May 1997011318.972.31$261
Apr 199707817.882.08$162
Mar 199704618.951.94$89
Feb 199706820.492.21$150
Jan 199702723.483.54$96
Dec 199602223.32$0
Nov 19960921.97$0
Oct 199601423.31$0
Sep 19960422.22$0
Aug 19960620.26$0
Jul 199601319.55$0
Jun 1996015218.73$0
May 19960019.43$0
Apr 19960021.51$0
Mar 19960019.38$0
Feb 19960016.98$0
Jan 19960017.07$0
Dec 19950017.19$0
Nov 19950016.00$0
Oct 19950015.43$0
Sep 19950016.18$0
Aug 19950015.92$0
Jul 19950015.24$0
Jun 19950116.41$0
May 19950017.56$0
Apr 19950017.73$0
Mar 19950416.44$0
Feb 19950116.58$0
Jan 199502915.92$0
Dec 19940815.03$0
Nov 1994051115.90$0
Oct 199401,14415.58$0
Sep 199421,19515.29$31
Aug 199401,33216.13$0
Jul 199401,44717.56$0
Jun 199401,52817.09$0
May 199401,59615.88$0
Apr 199401,46314.14$0
Mar 199401,64112.46$0
Feb 199401,45712.50$0
Jan 199401,59512.66$0
Dec 1993351,32612.33$432
Nov 1993068314.49$0
Oct 199301,31715.85$0
Sep 199301,25315.03$0
Aug 199301,48015.66$0
Jul 1993095815.46$0
Jun 199301,22516.79$0
May 19931031,36217.68$1,821
Apr 199301,46618.05$0
Mar 199301,17818.14$0
Feb 199301,44317.90$0
Jan 199301,64616.93$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.

May 2016 — as filed, then multipliedworked
Condensate             9 bbl  × $ 42.52 =       $383
Gas                    0 Mcf  × $  1.99 =         $0

────────────────────────────────────────────────────
Month total                                     $383

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. 03/G/128323 is the state's own key, not one this site invented.