EL LAGO

Operated by LEGEND NATURAL GAS II, LP (P-5 495450) in the TAYLOR LAKE, E. (TEX 2-III) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 151765District 03Field 88551501CondensateGasSave
Value, all time
$9.1 M
Sep 1994 – Nov 2009
Value, last 12 filed months
$4 k
at the published price for each month
Months reported
183
no gaps in the span
Streams
2
condensate, gas

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
CondensateDisposition38,153 bbl$661,840
GasProduction5,763,528 Mcf$8,390,759
Total$9,052,599

2,534,878 Mcf of this lease's gas, across 27 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 29.5764, -95.0408. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.57637, -95.04082 · 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
12,764 ft
1 wells filed one
Completion to plug
13.3 years
median over 1 wells

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 12,764 ft.

Completions filed
Jul 1996
1 of 1 wells
Plug dates filed
Nov 2009
1 of 1 wells

Last completion to plug: a median of 13.3 years across the 1 well that filed both dates, with the middle half between 13.3 years and 13.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-20132377112,764 ftJul 1996Nov 2009Yes

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 (183)

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

183 months

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 2009052842.144.06$2,143
Feb 2009020432.814.63$945
Jan 200903835.865.37$204
Dec 200808637.105.98$514
Nov 2008018055.496.86$1,235
Oct 2008021975.246.92$1,516
Sep 20080232101.767.88$1,827
Aug 20080571114.228.48$4,844
Jul 20080571131.0811.39$6,503
Jun 20080478131.3313.03$6,230
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 200803892.538.77$333
Jan 20080090.388.21$0
Dec 2007019488.337.30$1,417
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 2007072375.846.24$4,515
Aug 2007088469.066.39$5,647
Jul 2007073970.906.39$4,721
Jun 200701,12562.007.55$8,492
May 200701,11058.747.85$8,709
Apr 2007075959.617.81$5,924
Mar 2007056756.927.30$4,140
Feb 2007041455.108.22$3,401
Jan 2007087850.306.73$5,906
Dec 2006061956.656.92$4,283
Nov 2006057854.207.62$4,403
Oct 200601,59854.906.01$9,610
Sep 200601,70960.085.04$8,609
Aug 200601,39468.717.34$10,232
Jul 200601,55969.376.34$9,888
Jun 2006028766.286.38$1,832
May 200601,11566.016.42$7,164
Apr 200601,44964.397.36$10,665
Mar 200602,13256.707.08$15,101
Feb 200601,58457.597.75$12,278
Jan 200602,29460.598.93$20,493
Dec 200501,90854.9413.42$25,597
Nov 200502,40454.6910.59$25,455
Oct 200501,67358.3413.80$23,080
Sep 200501,02061.4512.08$12,321
Aug 200501,49661.519.80$14,656
Jul 200501,54455.697.84$12,111
Jun 200501,38552.337.38$10,223
May 200501,79545.226.65$11,939
Apr 200501,97149.207.36$14,508
Mar 200502,14150.377.15$15,319
Feb 200502,00645.226.31$12,662
Jan 200501,82343.166.32$11,525
Dec 200402,25939.866.75$15,251
Nov 200402,36345.286.33$14,959
Oct 200401,95749.706.52$12,750
Sep 200402,18243.245.28$11,529
Aug 200402,20042.375.55$12,211
Jul 200402,21638.286.08$13,483
Jun 200403,14236.106.43$20,213
May 200403,48237.486.49$22,614
Apr 200404,03634.475.86$23,645
Mar 200404,01634.365.53$22,209
Feb 200403,99632.455.51$22,016
Jan 200403,75632.036.30$23,661
Dec 200303,53130.266.30$22,251
Nov 200303,91828.804.60$18,004
Oct 200304,86028.174.76$23,132
Sep 200303,62026.314.75$17,193
Aug 200303,72029.765.13$19,083
Jul 200303,49629.415.17$18,077
Jun 200302,66628.565.98$15,951
May 200302,54626.595.97$15,206
Apr 200302,96626.675.41$16,038
Mar 200302,75031.146.10$16,764
Feb 200301,68433.487.93$13,347
Jan 2003087330.315.58$4,873
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 2002020727.443.64$752
Aug 200203825.963.16$120
Jul 20020024.583.06$0
Jun 200201423.733.34$47
May 2002026924.663.58$964
Apr 2002040723.653.51$1,430
Mar 2002081722.003.10$2,535
Feb 200201,29018.222.38$3,065
Jan 200201,28017.172.38$3,041
Dec 200101,71416.932.36$4,053
Nov 200101,59418.072.41$3,834
Oct 200102,13219.782.53$5,392
Sep 200101,92424.262.25$4,332
Aug 200101,62024.873.05$4,946
Jul 200101,58023.933.20$5,051
Jun 200101,44724.563.82$5,534
May 200101,65825.524.31$7,142
Apr 200102,05724.685.34$10,975
Mar 200102,11424.545.38$11,366
Feb 200102,02627.755.77$11,684
Jan 200102,48627.478.40$20,879
Dec 200002,17626.889.12$19,851
Nov 200001,12932.215.66$6,388
Oct 200001,09431.235.15$5,629
Sep 2000091931.875.19$4,766
Aug 200004929.644.54$223
Jul 20000028.534.09$0
Jun 2000233929.304.40$845
May 200019563,52327.263.68$239,064
Apr 200023873,37924.513.12$234,482
Mar 200020072,67428.422.86$213,513
Feb 200028169,14927.622.73$196,296
Jan 200029276,95125.272.48$198,256
Dec 199923279,99024.282.42$199,506
Nov 199921071,13723.192.43$178,017
Oct 199928380,66120.982.80$232,087
Sep 199922473,28421.752.62$196,792
Aug 199924976,21619.262.88$223,962
Jul 199930178,44417.892.37$191,483
Jun 199927478,54615.942.36$189,901
May 199936181,41115.792.32$194,657
Apr 199924675,29615.102.21$169,972
Mar 199927769,25712.471.84$130,771
Feb 199935984,2049.981.82$156,648
Jan 199935988,96010.381.90$172,746
Dec 199841490,1059.201.77$163,594
Nov 199833581,18010.892.19$181,085
Oct 199838792,33312.421.97$186,630
Sep 199835787,67512.592.08$187,088
Aug 199832282,70911.301.91$161,394
Jul 199837883,64911.742.24$191,583
Jun 199835779,49211.242.24$181,858
May 199832184,24912.622.21$189,933
Apr 199835077,13313.042.51$197,808
Mar 199841290,47612.802.31$214,222
Feb 199843690,37713.952.30$213,871
Jan 199831790,12714.702.15$198,865
Dec 199717473,21416.322.41$179,366
Nov 199718382,55018.193.09$258,265
Oct 199723276,14319.253.15$244,303
Sep 199717269,10117.742.95$207,236
Aug 199716266,37517.862.55$172,464
Jul 1997712,98317.582.25$29,295
Jun 199771,62717.242.26$3,793
May 1997531,64518.972.31$4,803
Apr 199735188,28717.882.08$190,158
Mar 199734392,12018.951.94$185,133
Feb 199737583,37720.492.21$191,605
Jan 1997427106,30423.483.54$386,310
Dec 199646498,52323.32$10,820
Nov 199646461,64921.97$10,194
Oct 199648470,43223.31$11,282
Sep 199648071,64422.22$10,666
Aug 199653076,76620.26$10,738
Jul 199655586,13719.55$10,850
Jun 1996530104,52818.73$9,927
May 19961,117153,52319.43$21,703
Apr 19961,289161,99021.51$27,726
Mar 19962,010169,41419.38$38,954
Feb 19961,977157,65616.98$33,569
Jan 19962,078158,15117.07$35,471
Dec 19951,18890,31917.19$20,422
Nov 199574462,31516.00$11,904
Oct 199545333,44615.43$6,990
Sep 199524524,00716.18$3,964
Aug 199535545,74515.92$5,652
Jul 19951,07576,77715.24$16,383
Jun 19951,20888,19916.41$19,823
May 19951,09694,06317.56$19,246
Apr 19951,251105,86517.73$22,180
Mar 19951,422110,93816.44$23,378
Feb 19951,26097,72216.58$20,891
Jan 19951,15382,21315.92$18,356
Dec 19941,400112,52615.03$21,042
Nov 19941,387104,13615.90$22,053
Oct 199439536,19415.58$6,154
Sep 199467015.29$1,024

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 2009 — as filed, then multipliedworked
Condensate             0 bbl  × $ 42.14 =         $0
Gas                  528 Mcf  × $  4.06 =     $2,143

────────────────────────────────────────────────────
Month total                                   $2,143

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/151765 is the state's own key, not one this site invented.