LAKE CREEK UNIT

Operated by LINN OPERATING, INC. (P-5 501545) 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 152976District 03Field 514219352 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.1 M
Dec 1994 – Apr 2015
Value, last 12 filed months
$0
at the published price for each month
Months reported
245
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 Gas112007-08-20176430
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
CondensateDisposition24,564 bbl$429,252
GasProduction555,441 Mcf$675,331
Total$1,104,583

352,218 Mcf of this lease's gas, across 25 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 30.2364, -95.6369. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.23636, -95.63693 · 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
12,300 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 12,300 ft.

Completions filed
Jul 2012
1 of 1 wells

1 well

42-339010311412,300 ftJul 2012Yes

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 (245)

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

245 months

Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 201111752792.904.64$13,315
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
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 2007030450.306.73$2,045
Dec 2006039856.656.92$2,754
Nov 2006037454.207.62$2,849
Oct 2006038954.906.01$2,339
Sep 2006037860.085.04$1,904
Aug 2006038068.717.34$2,789
Jul 2006034369.376.34$2,176
Jun 2006034166.286.38$2,177
May 2006031366.016.42$2,011
Apr 2006034264.397.36$2,517
Mar 2006034756.707.08$2,458
Feb 2006032157.597.75$2,488
Jan 2006034460.598.93$3,073
Dec 2005037654.9413.42$5,044
Nov 2005025654.6910.59$2,711
Oct 2005040658.3413.80$5,601
Sep 2005039161.4512.08$4,723
Aug 2005063861.519.80$6,250
Jul 2005053255.697.84$4,173
Jun 2005049752.337.38$3,668
May 2005047745.226.65$3,173
Apr 2005062249.207.36$4,578
Mar 2005095450.377.15$6,826
Feb 200501,45645.226.31$9,190
Jan 200501,42943.166.32$9,034
Dec 200401,30839.866.75$8,830
Nov 200401,55345.286.33$9,831
Oct 200401,47849.706.52$9,629
Sep 200401,14243.245.28$6,034
Aug 2004038242.375.55$2,120
Jul 2004038638.286.08$2,348
Jun 2004037336.106.43$2,400
May 2004039337.486.49$2,552
Apr 2004038534.475.86$2,256
Mar 2004039534.365.53$2,184
Feb 2004037532.455.51$2,066
Jan 2004083832.036.30$5,279
Dec 2003096030.266.30$6,050
Nov 2003089528.804.60$4,113
Oct 2003089528.174.76$4,260
Sep 2003070826.314.75$3,363
Aug 2003063729.765.13$3,268
Jul 2003087429.415.17$4,519
Jun 2003084828.565.98$5,074
May 2003086226.595.97$5,148
Apr 2003057826.675.41$3,125
Mar 2003085231.146.10$5,194
Feb 2003079733.487.93$6,317
Jan 200301,13230.315.58$6,319
Dec 2002097626.914.85$4,737
Nov 2002098124.664.14$4,058
Oct 2002097726.464.23$4,132
Sep 2002098227.443.64$3,570
Aug 200201,02225.963.16$3,234
Jul 2002098624.583.06$3,019
Jun 2002692523.733.34$3,230
May 20021483324.663.58$3,331
Apr 2002087823.653.51$3,084
Mar 2002077222.003.10$2,395
Feb 2002080718.222.38$1,917
Jan 2002089317.172.38$2,121
Dec 2001089516.932.36$2,116
Nov 2001086018.072.41$2,069
Oct 2001082219.782.53$2,079
Sep 2001077924.262.25$1,754
Aug 2001093224.873.05$2,846
Jul 2001091623.933.20$2,929
Jun 2001099824.563.82$3,817
May 2001097625.524.31$4,204
Apr 2001079424.685.34$4,236
Mar 2001085324.545.38$4,586
Feb 2001074127.755.77$4,273
Jan 2001077527.478.40$6,509
Dec 2000083426.889.12$7,608
Nov 2000072032.215.66$4,074
Oct 200001,16431.235.15$5,989
Sep 2000097331.875.19$5,046
Aug 2000098829.644.54$4,486
Jul 2000092728.534.09$3,791
Jun 2000091829.304.40$4,037
May 200071,22727.263.68$4,706
Apr 2000452,41924.513.12$8,641
Mar 20001132,47328.422.86$10,284
Feb 2000602,26627.622.73$7,835
Jan 2000432,46425.272.48$7,199
Dec 1999482,44424.282.42$7,089
Nov 19991542,29823.192.43$9,165
Oct 19991213,35220.982.80$11,937
Sep 19991772,26621.752.62$9,784
Aug 1999472,31519.262.88$7,562
Jul 1999412,24317.892.37$6,055
Jun 1999532,25115.942.36$6,162
May 1999432,39215.792.32$6,231
Apr 1999352,30615.102.21$5,620
Mar 1999382,22012.471.84$4,555
Feb 1999422,0299.981.82$4,107
Jan 1999572,71110.381.90$5,742
Dec 1998682,7419.201.77$5,486
Nov 1998842,70110.892.19$6,818
Oct 1998752,83112.421.97$6,506
Sep 1998632,76112.592.08$6,543
Aug 1998752,84111.301.91$6,266
Jul 1998742,78011.742.24$7,088
Jun 19981062,78111.242.24$7,413
May 19981303,07912.622.21$8,434
Apr 19981523,50613.042.51$10,766
Mar 19981633,89712.802.31$11,086
Feb 19981393,48313.952.30$9,947
Jan 19981864,12014.702.15$11,612
Dec 19971894,44016.322.41$13,790
Nov 19971664,06518.193.09$15,573
Oct 19971454,04519.253.15$15,532
Sep 19971785,27917.742.95$18,757
Aug 19972105,45317.862.55$17,682
Jul 19971405,49217.582.25$14,801
Jun 19971605,35317.242.26$14,841
May 19971797,18118.972.31$19,973
Apr 19972206,54717.882.08$17,570
Mar 19972245,22918.951.94$14,385
Feb 19972065,33120.492.21$15,981
Jan 19972797,53323.483.54$33,215
Dec 19962896,95023.32$6,739
Nov 19962567,02221.97$5,624
Oct 19962506,64423.31$5,828
Sep 19962526,99922.22$5,599
Aug 19962878,22520.26$5,815
Jul 19962829,02119.55$5,513
Jun 19962587,24518.73$4,832
May 19964078,22219.43$7,908
Apr 19964397,54921.51$9,443
Mar 199653116,47019.38$10,291
Feb 19965769,94016.98$9,780
Jan 19967519,61417.07$12,820
Dec 199575610,16517.19$12,996
Nov 199570211,32516.00$11,232
Oct 199583711,62615.43$12,915
Sep 199586211,26016.18$13,947
Aug 199572816,52615.92$11,590
Jul 199585119,59815.24$12,969
Jun 199591019,07416.41$14,933
May 19951,13321,44217.56$19,895
Apr 199546824,86117.73$8,298
Mar 19951,57326,33516.44$25,860
Feb 19951,88823,92216.58$31,303
Jan 19952,32425,17515.92$36,998
Dec 19942,08227,00815.03$31,292

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.

Jun 2011 — as filed, then multipliedworked
Condensate           117 bbl  × $ 92.90 =    $10,869
Gas                  527 Mcf  × $  4.64 =     $2,445

────────────────────────────────────────────────────
Month total                                  $13,315

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/152976 is the state's own key, not one this site invented.