LANICEK OL

Name: LANICEK OL lease production and value, Feb 1994 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by CHESAPEAKE OPERATING, INC. (P-5 147715) in the GIDDINGS (AUSTIN CHALK, GAS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 149094District 03Field 347735502 tax incentive programmesCondensateGasSave Export

Value, all time

$10.3 M

Feb 1994 – May 2001

Value, last 12 filed months

$276 k

at the published price for each month

Months reported

no gaps in the span

Streams

condensate, gas

The GIDDINGS (AUSTIN CHALK, GAS) 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 1,061 leases and 1,061 wells, and the rule below applies to all of them.

Discovered

1978-08-01

as the register files it

Field class

Gas

the register's own label

Between wells

0 ft

minimum

From a lease line

330 ft

minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2018-10-16.

The Commission's schedule remark for this field reads: “AMENDED DRILLING PERMITS, NOTICE, OR HEARING.”

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.

Programme	Filings	With an approval date	Dated	Docket
High Cost Gas	1	1	1994-11-14	131013
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	570,322 bbl	$9,181,006
Gas	Production	3,239,977 Mcf	$1,123,958
Total			$10,304,964

2,806,418 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 30.5233, -96.1489. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.52330, -96.14887 · 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

15,524 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 15,524 ft.

Completions filed

Feb 1994

1 of 1 wells

1 well


42-18530444	1H	15,524 ft	Feb 1994	—	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 (88)

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

88 months


May 2001	0	0	25.52	4.31	$0
Apr 2001	0	0	24.68	5.34	$0
Mar 2001	199	0	24.54	5.38	$4,883
Feb 2001	557	2,022	27.75	5.77	$27,118
Jan 2001	542	2,269	27.47	8.40	$33,946
Dec 2000	738	2,992	26.88	9.12	$47,132
Nov 2000	548	2,643	32.21	5.66	$32,605
Oct 2000	523	2,317	31.23	5.15	$28,255
Sep 2000	353	1,556	31.87	5.19	$19,320
Aug 2000	545	3,027	29.64	4.54	$29,899
Jul 2000	369	2,036	28.53	4.09	$18,854
Jun 2000	731	2,818	29.30	4.40	$33,810
May 2000	351	2,009	27.26	3.68	$16,961
Apr 2000	690	2,508	24.51	3.12	$24,727
Mar 2000	703	3,303	28.42	2.86	$29,425
Feb 2000	697	2,989	27.62	2.73	$27,401
Jan 2000	715	2,995	25.27	2.48	$25,497
Dec 1999	534	3,633	24.28	2.42	$21,771
Nov 1999	737	3,798	23.19	2.43	$26,335
Oct 1999	552	4,063	20.98	2.80	$22,972
Sep 1999	684	4,013	21.75	2.62	$25,386
Aug 1999	699	4,555	19.26	2.88	$26,561
Jul 1999	885	5,407	17.89	2.37	$28,660
Jun 1999	863	4,848	15.94	2.36	$25,208
May 1999	702	5,719	15.79	2.32	$24,358
Apr 1999	909	4,937	15.10	2.21	$24,627
Mar 1999	900	5,075	12.47	1.84	$20,553
Feb 1999	1,063	5,912	9.98	1.82	$21,356
Jan 1999	907	6,775	10.38	1.90	$22,287
Dec 1998	1,438	6,769	9.20	1.77	$25,233
Nov 1998	536	6,437	10.89	2.19	$19,907
Oct 1998	1,055	7,811	12.42	1.97	$28,485
Sep 1998	1,074	6,884	12.59	2.08	$27,858
Aug 1998	1,066	8,771	11.30	1.91	$28,775
Jul 1998	1,063	9,550	11.74	2.24	$33,846
Jun 1998	1,247	9,716	11.24	2.24	$35,754
May 1998	1,233	10,309	12.62	2.21	$38,306
Apr 1998	1,439	9,857	13.04	2.51	$43,460
Mar 1998	1,449	11,887	12.80	2.31	$46,000
Feb 1998	1,263	10,761	13.95	2.30	$42,360
Jan 1998	1,984	9,519	14.70	2.15	$49,676
Dec 1997	2,173	10,948	16.32	2.41	$61,860
Nov 1997	2,538	12,725	18.19	3.09	$85,464
Oct 1997	2,328	15,190	19.25	3.15	$92,660
Sep 1997	2,476	20,965	17.74	2.95	$105,873
Aug 1997	4,622	27,501	17.86	2.55	$152,807
Jul 1997	3,246	26,703	17.58	2.25	$117,065
Jun 1997	1,850	14,658	17.24	2.26	$64,980
May 1997	2,206	20,533	18.97	2.31	$89,248
Apr 1997	2,333	21,442	17.88	2.08	$86,373
Mar 1997	2,380	22,998	18.95	1.94	$89,697
Feb 1997	2,181	16,353	20.49	2.21	$80,762
Jan 1997	2,645	21,053	23.48	3.54	$136,626
Dec 1996	2,933	21,932	23.32	—	$68,398
Nov 1996	2,992	24,680	21.97	—	$65,734
Oct 1996	3,637	30,535	23.31	—	$84,778
Sep 1996	4,133	36,393	22.22	—	$91,835
Aug 1996	5,995	49,937	20.26	—	$121,459
Jul 1996	5,221	38,372	19.55	—	$102,071
Jun 1996	4,408	29,494	18.73	—	$82,562
May 1996	4,555	32,686	19.43	—	$88,504
Apr 1996	4,904	34,197	21.51	—	$105,485
Mar 1996	5,675	40,393	19.38	—	$109,982
Feb 1996	5,285	37,903	16.98	—	$89,739
Jan 1996	5,953	45,103	17.07	—	$101,618
Dec 1995	5,208	31,923	17.19	—	$89,526
Nov 1995	6,936	48,063	16.00	—	$110,976
Oct 1995	8,423	55,404	15.43	—	$129,967
Sep 1995	4,320	28,616	16.18	—	$69,898
Aug 1995	4,380	33,514	15.92	—	$69,730
Jul 1995	8,342	51,234	15.24	—	$127,132
Jun 1995	8,560	50,876	16.41	—	$140,470
May 1995	10,129	57,783	17.56	—	$177,865
Apr 1995	10,775	58,356	17.73	—	$191,041
Mar 1995	12,506	64,892	16.44	—	$205,599
Feb 1995	13,115	76,467	16.58	—	$217,447
Jan 1995	15,558	91,177	15.92	—	$247,683
Dec 1994	15,559	88,987	15.03	—	$233,852
Nov 1994	19,842	111,174	15.90	—	$315,488
Oct 1994	17,168	95,683	15.58	—	$267,477
Sep 1994	25,800	141,265	15.29	—	$394,482
Aug 1994	31,421	162,731	16.13	—	$506,821
Jul 1994	32,069	171,895	17.56	—	$563,132
Jun 1994	33,288	174,235	17.09	—	$568,892
May 1994	37,995	190,898	15.88	—	$603,361
Apr 1994	42,384	205,199	14.14	—	$599,310
Mar 1994	49,402	215,162	12.46	—	$615,549
Feb 1994	37,930	179,259	12.50	—	$474,125

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.

Mar 2001 — as filed, then multipliedworked

Condensate           199 bbl  × $ 24.54 =     $4,883
Gas                    0 Mcf  × $  5.38 =         $0

────────────────────────────────────────────────────
Month total                                   $4,883

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/149094 is the state's own key, not one this site invented.