LAKE CREEK UNIT

Operated by DEVON ENERGY PRODUCTION CO, L.P. (P-5 216378) 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 145743District 03Field 514219352 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.3 M
May 1993 – May 2010
Value, last 12 filed months
$0
at the published price for each month
Months reported
205
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 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)

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
High Cost Gas112007-08-06163023
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
CondensateDisposition44,510 bbl$907,272
GasProduction1,545,421 Mcf$2,420,390
Total$3,327,662

885,405 Mcf of this lease's gas, across 44 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 30.2310, -95.6392. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.23102, -95.63924 · 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
0.0%
0 of 1 wells
Median depth
12,396 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 12,396 ft.

Completions filed
May 2010
1 of 1 wells

1 well

42-339307164112,396 ftMay 2010Yes

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 (205)

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

205 months

May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
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 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 200601456.656.92$97
Nov 20060654.207.62$46
Oct 200607354.906.01$439
Sep 2006032560.085.04$1,637
Aug 2006060768.717.34$4,455
Jul 200602,28669.376.34$14,500
Jun 200601,05766.286.38$6,748
May 200611,85766.016.42$11,997
Apr 2006221,17264.397.36$10,043
Mar 20061091,84156.707.08$19,220
Feb 2006982,98557.597.75$28,781
Jan 20061143,32060.598.93$36,566
Dec 2005693,59354.9413.42$51,992
Nov 2005504,52154.6910.59$50,605
Oct 2005664,89958.3413.80$71,436
Sep 2005233,96061.4512.08$49,246
Aug 2005233,89461.519.80$39,564
Jul 2005325,28055.697.84$43,197
Jun 2005245,25652.337.38$40,051
May 2005162,97945.226.65$20,537
Apr 20052049.207.36$98
Mar 2005261,81650.377.15$14,303
Feb 2005473,48345.226.31$24,110
Jan 2005452,52643.166.32$17,912
Dec 2004363,03639.866.75$21,931
Nov 2004183,78145.286.33$24,750
Oct 2004293,78449.706.52$26,094
Sep 2004193,87543.245.28$21,297
Aug 2004213,93842.375.55$22,748
Jul 2004394,15838.286.08$26,791
Jun 2004373,78836.106.43$25,704
May 2004354,22237.486.49$28,732
Apr 2004453,19034.475.86$20,240
Mar 2004643,21734.365.53$19,990
Feb 20041062,46132.455.51$16,999
Jan 2004713,35032.036.30$23,378
Dec 2003924,53930.266.30$31,387
Nov 2003774,64428.804.60$23,558
Oct 2003824,17428.174.76$22,177
Sep 2003151,58026.314.75$7,899
Aug 200341,01229.765.13$5,310
Jul 2003143,73929.415.17$19,746
Jun 2003483,86228.565.98$24,477
May 2003622,59826.595.97$17,166
Apr 2003502,49126.675.41$14,803
Mar 2003742,40031.146.10$16,935
Feb 2003712,33633.487.93$20,892
Jan 20031252,96930.315.58$20,362
Dec 20021083,40626.914.85$19,438
Nov 2002804,21524.664.14$19,410
Oct 2002734,33526.464.23$20,265
Sep 2002414,88027.443.64$18,865
Aug 2002414,33725.963.16$14,787
Jul 2002463,40524.583.06$11,556
Jun 2002852,58823.733.34$10,656
May 2002702,65824.663.58$11,252
Apr 2002663,89623.653.51$15,245
Mar 2002913,59722.003.10$13,162
Feb 2002682,98918.222.38$8,340
Jan 2002404,72717.172.38$11,917
Dec 2001824,25216.932.36$11,442
Nov 2001815,08818.072.41$13,703
Oct 20011944,97319.782.53$16,413
Sep 20011304,67824.262.25$13,685
Aug 2001765,99724.873.05$20,200
Jul 2001936,22323.933.20$22,121
Jun 20011656,45824.563.82$28,749
May 20011746,62825.524.31$32,989
Apr 20011596,51224.685.34$38,668
Mar 20012424,17824.545.38$28,401
Feb 20012956,20627.755.77$43,977
Jan 20011711,11927.478.40$14,096
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20002031.235.15$62
Sep 2000103831.875.19$516
Aug 20003029.644.54$89
Jul 2000411,82828.534.09$8,646
Jun 2000963,15229.304.40$16,673
May 2000913,56127.263.68$15,584
Apr 20001005,09224.513.12$18,318
Mar 20001104,29728.422.86$15,415
Feb 20001044,68727.622.73$15,652
Jan 20001225,61025.272.48$16,999
Dec 19991355,49724.282.42$16,601
Nov 19991276,45823.192.43$18,664
Oct 19991146,92620.982.80$21,810
Sep 19991366,92321.752.62$21,088
Aug 19991006,02319.262.88$19,246
Jul 1999825,16917.892.37$13,730
Jun 19991395,33515.942.36$14,817
May 19991465,76315.792.32$15,681
Apr 19991445,74515.102.21$14,860
Mar 19991885,85412.471.84$13,106
Feb 19991675,1329.981.82$10,996
Jan 199902910.381.90$55
Dec 19981799.201.77$149
Nov 1998721910.892.19$555
Oct 19981230712.421.97$754
Sep 1998702,26812.592.08$5,605
Aug 19982227,43811.301.91$16,695
Jul 19981626,28811.742.24$15,970
Jun 1998974,26911.242.24$10,641
May 19982138,77112.622.21$22,040
Apr 19982439,03113.042.51$25,794
Mar 19982659,89912.802.31$26,253
Feb 19982829,81013.952.30$26,488
Jan 19982548,50314.702.15$22,056
Dec 199729011,48916.322.41$32,434
Nov 199729411,66818.193.09$41,382
Oct 199730512,43919.253.15$45,052
Sep 199733414,37217.742.95$48,393
Aug 199734915,19817.862.55$45,060
Jul 199742617,95317.582.25$47,828
Jun 199751320,38517.242.26$54,857
May 199766123,97918.972.31$67,895
Apr 199799024,16617.882.08$68,034
Mar 19971,09129,98518.951.94$78,820
Feb 199796432,52420.492.21$91,497
Jan 19971,33341,61823.483.54$178,614
Dec 19961,41043,37523.32$32,881
Nov 19961,36142,94921.97$29,901
Oct 19961,67946,47223.31$39,137
Sep 19961,90955,78422.22$42,418
Aug 19961,94753,54020.26$39,446
Jul 19962,31765,09419.55$45,297
Jun 19962,38361,24118.73$44,634
May 19962,76769,88119.43$53,763
Apr 19963,12761,17921.51$67,262
Mar 199658914,83419.38$11,415
Feb 1996633,85516.98$1,070
Jan 19961135,13817.07$1,929
Dec 19952104,78617.19$3,610
Nov 19951575,30116.00$2,512
Oct 19952354,72315.43$3,626
Sep 1995855,70416.18$1,375
Aug 19959410,27115.92$1,496
Jul 19952139,61315.24$3,246
Jun 19952349,95716.41$3,840
May 19952848,93617.56$4,987
Apr 199565210,29617.73$11,560
Mar 19953839,45716.44$6,297
Feb 19953948,61216.58$6,533
Jan 199546810,88815.92$7,451
Dec 199439011,18115.03$5,862
Nov 19942719,87615.90$4,309
Oct 19943599,64315.58$5,593
Sep 199424310,08415.29$3,715
Aug 19942629,80116.13$4,226
Jul 19942367,85417.56$4,144
Jun 199429311,31617.09$5,007
May 199424613,18515.88$3,906
Apr 199422413,15714.14$3,167
Mar 199425413,49912.46$3,165
Feb 199416412,57712.50$2,050
Jan 199415713,64712.66$1,988
Dec 199314816,87512.33$1,825
Nov 199316418,12614.49$2,376
Oct 199322215,71415.85$3,519
Sep 199339316,83315.03$5,907
Aug 199338919,40615.66$6,092
Jul 199335120,21015.46$5,426
Jun 199327014,83116.79$4,533
May 19931935,70417.68$3,412

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.

Dec 2006 — as filed, then multipliedworked
Condensate             0 bbl  × $ 56.65 =         $0
Gas                   14 Mcf  × $  6.92 =        $97

────────────────────────────────────────────────────
Month total                                      $97

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/145743 is the state's own key, not one this site invented.