LAKE CREEK UNIT

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

Operated by MITCHELL ENERGY CORPORATION (P-5 570655) in the LAKE CREEK (WILCOX CONSOLIDATED) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 139162District 03Field 51421935CondensateGasSave Export

Value, all time

$1.5 M

Jan 1993 – Oct 2000

Value, last 12 filed months

$88 k

at the published price for each month

Months reported

no gaps in the span

Streams

condensate, gas

The LAKE CREEK (WILCOX CONSOLIDATED) 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 68 leases and 77 wells, and the rule below applies to all of them.

Discovered

1995-10-24

as the register files it

Field class

Oil and 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 1995-10-24.

The Commission's schedule remark for this field reads: “INTO LAKE CREEK (WILCOX CONSOLIDATED) 7/1/99 (DOC. 03-0221856)”

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	29,075 bbl	$488,669
Gas	Production	1,964,981 Mcf	$1,019,390
Total			$1,508,059

1,545,194 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 30.2328, -95.6457. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.23281, -95.64567 · 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

0.0%

0 of 1 wells

Median depth

13,000 ft

1 wells filed one

Completion to plug

—

no well filed both dates

What the state filed about each well

On the RRC proration schedule

1100.0%

A plug date is filed

00.0%

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

00.0%

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 13,000 ft.

Completions filed

May 2012

1 of 1 wells

1 well


42-33930857	48	13,000 ft	May 2012	—	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 (94)

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

94 months


Oct 2000	0	0	31.23	5.15	$0
Sep 2000	0	719	31.87	5.19	$3,729
Aug 2000	1	2,164	29.64	4.54	$9,856
Jul 2000	42	2,310	28.53	4.09	$10,646
Jun 2000	2	1,291	29.30	4.40	$5,735
May 2000	4	2,054	27.26	3.68	$7,667
Apr 2000	13	2,904	24.51	3.12	$9,367
Mar 2000	54	2,629	28.42	2.86	$9,053
Feb 2000	25	3,498	27.62	2.73	$10,228
Jan 2000	7	2,377	25.27	2.48	$6,073
Dec 1999	5	2,450	24.28	2.42	$6,060
Nov 1999	66	3,294	23.19	2.43	$9,548
Oct 1999	30	5,214	20.98	2.80	$15,248
Sep 1999	39	6,068	21.75	2.62	$16,739
Aug 1999	41	7,639	19.26	2.88	$22,756
Jul 1999	47	7,814	17.89	2.37	$19,379
Jun 1999	38	3,103	15.94	2.36	$7,935
May 1999	29	5,570	15.79	2.32	$13,386
Apr 1999	54	4,904	15.10	2.21	$11,644
Mar 1999	51	7,513	12.47	1.84	$14,447
Feb 1999	41	6,918	9.98	1.82	$12,985
Jan 1999	83	8,192	10.38	1.90	$16,426
Dec 1998	104	8,011	9.20	1.77	$15,163
Nov 1998	144	9,881	10.89	2.19	$23,165
Oct 1998	146	10,435	12.42	1.97	$22,362
Sep 1998	131	10,216	12.59	2.08	$22,925
Aug 1998	92	10,879	11.30	1.91	$21,790
Jul 1998	41	11,186	11.74	2.24	$25,507
Jun 1998	44	11,771	11.24	2.24	$26,829
May 1998	71	12,916	12.62	2.21	$29,393
Apr 1998	103	10,820	13.04	2.51	$28,451
Mar 1998	130	11,732	12.80	2.31	$28,758
Feb 1998	187	12,972	13.95	2.30	$32,433
Jan 1998	197	13,775	14.70	2.15	$32,578
Dec 1997	211	17,614	16.32	2.41	$45,913
Nov 1997	197	15,177	18.19	3.09	$50,454
Oct 1997	246	14,933	19.25	3.15	$51,772
Sep 1997	1,570	11,128	17.74	2.95	$60,734
Aug 1997	460	17,152	17.86	2.55	$52,035
Jul 1997	383	16,432	17.58	2.25	$43,655
Jun 1997	230	15,756	17.24	2.26	$39,530
May 1997	243	16,510	18.97	2.31	$42,723
Apr 1997	159	19,518	17.88	2.08	$43,495
Mar 1997	263	17,537	18.95	1.94	$38,991
Feb 1997	264	15,261	20.49	2.21	$39,074
Jan 1997	39	19,550	23.48	3.54	$70,117
Dec 1996	289	18,954	23.32	—	$6,739
Nov 1996	251	20,344	21.97	—	$5,514
Oct 1996	264	19,044	23.31	—	$6,154
Sep 1996	258	19,017	22.22	—	$5,733
Aug 1996	381	20,821	20.26	—	$7,719
Jul 1996	266	21,170	19.55	—	$5,200
Jun 1996	267	19,635	18.73	—	$5,001
May 1996	324	20,973	19.43	—	$6,295
Apr 1996	364	18,587	21.51	—	$7,830
Mar 1996	441	22,874	19.38	—	$8,547
Feb 1996	400	21,076	16.98	—	$6,792
Jan 1996	33	18,381	17.07	—	$563
Dec 1995	505	26,885	17.19	—	$8,681
Nov 1995	418	29,692	16.00	—	$6,688
Oct 1995	453	27,340	15.43	—	$6,990
Sep 1995	405	26,166	16.18	—	$6,553
Aug 1995	314	26,077	15.92	—	$4,999
Jul 1995	337	27,733	15.24	—	$5,136
Jun 1995	343	27,708	16.41	—	$5,629
May 1995	409	27,664	17.56	—	$7,182
Apr 1995	543	27,977	17.73	—	$9,627
Mar 1995	509	29,375	16.44	—	$8,368
Feb 1995	414	27,418	16.58	—	$6,864
Jan 1995	507	30,855	15.92	—	$8,071
Dec 1994	546	31,099	15.03	—	$8,206
Nov 1994	449	31,791	15.90	—	$7,139
Oct 1994	488	33,054	15.58	—	$7,603
Sep 1994	413	33,605	15.29	—	$6,315
Aug 1994	578	35,706	16.13	—	$9,323
Jul 1994	458	37,098	17.56	—	$8,042
Jun 1994	469	35,754	17.09	—	$8,015
May 1994	485	39,558	15.88	—	$7,702
Apr 1994	553	37,444	14.14	—	$7,819
Mar 1994	14	39,525	12.46	—	$174
Feb 1994	135	36,117	12.50	—	$1,688
Jan 1994	587	41,731	12.66	—	$7,431
Dec 1993	630	42,912	12.33	—	$7,768
Nov 1993	696	42,893	14.49	—	$10,085
Oct 1993	720	43,432	15.85	—	$11,412
Sep 1993	659	43,988	15.03	—	$9,905
Aug 1993	671	49,291	15.66	—	$10,508
Jul 1993	648	42,705	15.46	—	$10,018
Jun 1993	787	38,033	16.79	—	$13,214
May 1993	845	49,768	17.68	—	$14,940
Apr 1993	798	46,718	18.05	—	$14,404
Mar 1993	842	49,036	18.14	—	$15,274
Feb 1993	683	44,274	17.90	—	$12,226
Jan 1993	899	43,896	16.93	—	$15,220

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.

Sep 2000 — as filed, then multipliedworked

Condensate             0 bbl  × $ 31.87 =         $0
Gas                  719 Mcf  × $  5.19 =     $3,729

────────────────────────────────────────────────────
Month total                                   $3,729

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/139162 is the state's own key, not one this site invented.