TOWNSEND-UNDERWOOD

Operated by LONE OAK ENERGY INC (P-5 506578) in the SUBLIME (8950) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 144327District 03Field 86862800CondensateGasSaveExport
Value, all time
$231 k
Feb 1993 – Nov 1998
Value, last 12 filed months
$59 k
at the published price for each month
Months reported
70
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 4 leases and 4 wells, and the rule below applies to all of them.

Discovered
1965-03-28
as the register files it
Field class
Gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 10/01/2015.

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
CondensateDisposition7,713 bbl$123,537
GasProduction271,596 Mcf$107,422
Total$230,959

231,268 Mcf of this lease's gas, across 28 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 29.5092, -96.7178. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.50919, -96.71783 · 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
10,018 ft
1 wells filed one
Completion to plug
26.4 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 10,018 ft.

Completions filed
Sep 1998
1 of 1 wells
Plug dates filed
Feb 2025
1 of 1 wells

Last completion to plug: a median of 26.4 years across the 1 well that filed both dates, with the middle half between 26.4 years and 26.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-08931857110,018 ftSep 1998Feb 2025Yes

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 (70)

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

70 months

Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 19989170512.592.08$2,614
Aug 1998074311.301.91$1,417
Jul 19980011.742.24$0
Jun 199801,38011.242.24$3,087
May 19981762,60012.622.21$7,958
Apr 199802,79513.042.51$7,002
Mar 19981572,05112.802.31$6,746
Feb 199803,77013.952.30$8,668
Jan 19981763,69614.702.15$10,551
Dec 199704,39016.322.41$10,585
Nov 19971886,16418.193.09$22,456
Oct 199717111,09119.253.15$38,226
Sep 1997094317.742.95$2,786
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 199756020.492.21$1,147
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 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 1995189016.41$3,101
May 19953682,37617.56$6,462
Apr 19951812,18817.73$3,209
Mar 19951883,76216.44$3,091
Feb 19953003,53516.58$4,974
Jan 19951883,88915.92$2,993
Dec 19941825,17415.03$2,735
Nov 19945615,29215.90$8,920
Oct 19941814,73315.58$2,820
Sep 199406,52815.29$0
Aug 199406,65516.13$0
Jul 19941638,85217.56$2,862
Jun 199402,89117.09$0
May 19941396,18015.88$2,207
Apr 19941416,30714.14$1,994
Mar 19941806,18412.46$2,243
Feb 19941936,18412.50$2,413
Jan 19941936,89212.66$2,443
Dec 19931918,10112.33$2,355
Nov 19931989,02714.49$2,869
Oct 199327110,21115.85$4,295
Sep 199321812,44115.03$3,277
Aug 199319615,55915.66$3,069
Jul 199335316,21515.46$5,457
Jun 199351916,45216.79$8,714
May 199342718,60417.68$7,549
Apr 199319512,59318.05$3,520
Mar 199352113,29918.14$9,451
Feb 199326211,14417.90$4,690

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 1998 — as filed, then multipliedworked
Condensate            91 bbl  × $ 12.59 =     $1,146
Gas                  705 Mcf  × $  2.08 =     $1,468

────────────────────────────────────────────────────
Month total                                   $2,614

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/144327 is the state's own key, not one this site invented.