LCRA/COA UNIT 2

Name: LCRA/COA UNIT 2 lease production and value, Apr 1995 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by GEOSOUTHERN ENERGY CORPORATION (P-5 301287) 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 154709District 03Field 347735502 tax incentive programmesCondensateGasSave Export

Value, all time

$17.5 M

Apr 1995 – Aug 2015

Value, last 12 filed months

$6 k

at the published price for each month

Months reported

245

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	1995-08-23	132101
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	237,915 bbl	$5,142,087
Gas	Production	6,157,447 Mcf	$12,397,547
Total			$17,539,634

2,944,347 Mcf of this lease's gas, across 21 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 29.9188, -96.7597. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.91879, -96.75966 · 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

100.0%

1 of 1 wells

Median depth

15,730 ft

1 wells filed one

Completion to plug

20.3 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 15,730 ft.

Completions filed

Apr 1995

1 of 1 wells

Plug dates filed

Aug 2015

1 of 1 wells

Last completion to plug: a median of 20.3 years across the 1 well that filed both dates, with the middle half between 20.3 years and 20.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-14932949	2OL	15,730 ft	Apr 1995	Aug 2015	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 (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


Aug 2015	1	1	40.16	2.87	$43
Jul 2015	132	0	48.15	2.95	$6,356
Jun 2015	0	0	56.15	2.88	$0
May 2015	0	0	55.21	2.96	$0
Apr 2015	0	0	49.82	2.71	$0
Mar 2015	0	0	42.89	2.93	$0
Feb 2015	0	0	44.66	2.98	$0
Jan 2015	0	0	43.43	3.10	$0
Dec 2014	1	1	54.69	3.59	$58
Nov 2014	0	0	70.46	4.25	$0
Oct 2014	0	0	78.30	3.90	$0
Sep 2014	0	0	86.16	4.05	$0
Aug 2014	1	1	89.39	4.04	$93
Jul 2014	0	0	96.56	4.18	$0
Jun 2014	0	0	98.16	4.74	$0
May 2014	1	1	94.73	4.73	$99
Apr 2014	0	0	95.94	4.81	$0
Mar 2014	0	8	95.89	5.06	$40
Feb 2014	0	173	97.40	6.19	$1,071
Jan 2014	181	653	90.40	4.86	$19,536
Dec 2013	0	835	91.82	4.35	$3,636
Nov 2013	0	714	88.85	3.74	$2,669
Oct 2013	0	779	97.42	3.78	$2,944
Sep 2013	0	847	104.11	3.72	$3,149
Aug 2013	0	723	104.25	3.52	$2,547
Jul 2013	178	854	102.52	3.72	$21,424
Jun 2013	0	590	94.40	3.93	$2,321
May 2013	0	633	94.83	4.15	$2,626
Apr 2013	0	887	93.96	4.28	$3,799
Mar 2013	0	758	93.62	3.91	$2,966
Feb 2013	0	525	91.23	3.42	$1,795
Jan 2013	190	647	91.60	3.42	$19,617
Dec 2012	0	634	86.77	3.42	$2,168
Nov 2012	0	590	86.95	3.62	$2,139
Oct 2012	0	229	89.38	3.40	$779
Sep 2012	0	865	94.67	2.92	$2,524
Aug 2012	0	246	92.66	2.91	$715
Jul 2012	178	551	85.13	3.02	$16,818
Jun 2012	0	551	79.82	2.52	$1,388
May 2012	0	882	91.61	2.49	$2,195
Apr 2012	0	971	101.65	2.00	$1,939
Mar 2012	0	1,082	105.05	2.22	$2,404
Feb 2012	187	1,043	101.10	2.57	$21,586
Jan 2012	0	1,119	98.09	2.73	$3,059
Dec 2011	0	1,254	96.87	3.24	$4,063
Nov 2011	0	82	95.72	3.31	$272
Oct 2011	185	1,193	84.98	3.65	$20,074
Sep 2011	0	1,380	83.62	3.99	$5,500
Aug 2011	0	1,220	83.40	4.15	$5,062
Jul 2011	0	1,124	94.14	4.52	$5,077
Jun 2011	178	1,212	92.90	4.64	$22,160
May 2011	0	1,628	98.13	4.40	$7,171
Apr 2011	184	1,988	105.96	4.33	$28,111
Mar 2011	179	1,600	96.36	4.06	$23,740
Feb 2011	0	2,367	85.64	4.18	$9,894
Jan 2011	0	2,433	86.50	4.59	$11,165
Dec 2010	180	1,544	85.73	4.35	$22,144
Nov 2010	0	1,259	80.84	3.80	$4,778
Oct 2010	0	1,754	78.10	3.51	$6,155
Sep 2010	182	1,676	72.63	3.98	$19,888
Aug 2010	0	1,702	73.68	4.42	$7,522
Jul 2010	0	2,313	72.55	4.74	$10,956
Jun 2010	187	2,904	70.36	4.91	$27,417
May 2010	0	1,996	71.12	4.24	$8,454
Apr 2010	0	399	81.69	4.12	$1,645
Mar 2010	179	1,044	78.39	4.39	$18,614
Feb 2010	0	2,678	73.58	5.44	$14,575
Jan 2010	0	1,039	74.36	5.96	$6,197
Dec 2009	0	1,841	71.44	5.48	$10,096
Nov 2009	176	1,744	74.59	3.75	$19,670
Oct 2009	2	1,506	72.54	4.11	$6,335
Sep 2009	0	2,120	65.54	3.06	$6,497
Aug 2009	0	855	67.42	3.22	$2,752
Jul 2009	176	1,397	61.13	3.46	$15,599
Jun 2009	0	2,390	66.16	3.90	$9,309
May 2009	0	2,572	54.74	3.93	$10,097
Apr 2009	181	3,114	46.77	3.59	$19,637
Mar 2009	0	3,364	42.14	4.06	$13,654
Feb 2009	354	3,567	32.81	4.63	$28,141
Jan 2009	1	2,511	35.86	5.37	$13,522
Dec 2008	0	910	37.10	5.98	$5,439
Nov 2008	2	1,501	55.49	6.86	$10,408
Oct 2008	0	813	75.24	6.92	$5,628
Sep 2008	0	1,694	101.76	7.88	$13,344
Aug 2008	0	1,896	114.22	8.48	$16,084
Jul 2008	178	3,170	131.08	11.39	$59,437
Jun 2008	0	2,827	131.33	13.03	$36,843
May 2008	180	3,982	123.17	11.57	$68,259
Apr 2008	0	2,470	110.31	10.45	$25,824
Mar 2008	180	3,153	101.90	9.66	$48,813
Feb 2008	0	3,924	92.53	8.77	$34,416
Jan 2008	200	3,989	90.38	8.21	$50,809
Dec 2007	0	5,130	88.33	7.30	$37,459
Nov 2007	184	5,442	91.67	7.29	$56,549
Oct 2007	194	7,745	82.85	6.92	$69,684
Sep 2007	182	9,799	75.84	6.24	$74,989
Aug 2007	370	11,815	69.06	6.39	$101,026
Jul 2007	543	12,853	70.90	6.39	$120,603
Jun 2007	557	17,786	62.00	7.55	$168,791
May 2007	757	22,839	58.74	7.85	$223,667
Apr 2007	583	25,294	59.61	7.81	$232,177
Mar 2007	2	1,727	56.92	7.30	$12,724
Feb 2007	0	6	55.10	8.22	$49
Jan 2007	0	0	50.30	6.73	$0
Dec 2006	0	630	56.65	6.92	$4,359
Nov 2006	0	2,319	54.20	7.62	$17,665
Oct 2006	0	198	54.90	6.01	$1,191
Sep 2006	187	3,403	60.08	5.04	$28,377
Aug 2006	179	16,943	68.71	7.34	$136,659
Jul 2006	346	11,828	69.37	6.34	$99,024
Jun 2006	182	9,339	66.28	6.38	$71,682
May 2006	178	12,587	66.01	6.42	$92,621
Apr 2006	371	14,944	64.39	7.36	$133,884
Mar 2006	721	12,332	56.70	7.08	$128,227
Feb 2006	186	9,964	57.59	7.75	$87,944
Jan 2006	181	14,557	60.59	8.93	$141,009
Dec 2005	367	15,989	54.94	13.42	$234,662
Nov 2005	1	15,524	54.69	10.59	$164,429
Oct 2005	551	16,910	58.34	13.80	$265,432
Sep 2005	366	13,816	61.45	12.08	$189,374
Aug 2005	372	15,480	61.51	9.80	$174,537
Jul 2005	368	15,494	55.69	7.84	$142,023
Jun 2005	367	15,212	52.33	7.38	$131,485
May 2005	377	16,174	45.22	6.65	$124,624
Apr 2005	364	16,178	49.20	7.36	$136,987
Mar 2005	534	17,255	50.37	7.15	$150,355
Feb 2005	574	16,067	45.22	6.31	$127,370
Jan 2005	364	18,175	43.16	6.32	$130,616
Dec 2004	553	19,207	39.86	6.75	$151,711
Nov 2004	548	18,463	45.28	6.33	$141,692
Oct 2004	357	18,234	49.70	6.52	$136,539
Sep 2004	365	18,053	43.24	5.28	$111,173
Aug 2004	543	22,980	42.37	5.55	$150,561
Jul 2004	712	25,393	38.28	6.08	$181,751
Jun 2004	753	28,095	36.10	6.43	$207,919
May 2004	905	35,957	37.48	6.49	$267,445
Apr 2004	749	20,218	34.47	5.86	$144,264
Mar 2004	186	4,101	34.36	5.53	$29,070
Feb 2004	189	5,073	32.45	5.51	$34,083
Jan 2004	188	5,380	32.03	6.30	$39,914
Dec 2003	191	4,651	30.26	6.30	$35,089
Nov 2003	192	6,568	28.80	4.60	$35,711
Oct 2003	371	5,971	28.17	4.76	$38,871
Sep 2003	186	4,342	26.31	4.75	$25,515
Aug 2003	185	4,455	29.76	5.13	$28,359
Jul 2003	184	4,454	29.41	5.17	$28,442
Jun 2003	187	4,508	28.56	5.98	$32,312
May 2003	198	5,868	26.59	5.97	$40,313
Apr 2003	199	7,242	26.67	5.41	$44,467
Mar 2003	197	3,840	31.14	6.10	$29,543
Feb 2003	189	5,038	33.48	7.93	$46,258
Jan 2003	196	8,651	30.31	5.58	$54,231
Dec 2002	397	10,303	26.91	4.85	$60,692
Nov 2002	198	6,543	24.66	4.14	$31,951
Oct 2002	394	8,385	26.46	4.23	$45,886
Sep 2002	197	9,524	27.44	3.64	$40,027
Aug 2002	389	9,504	25.96	3.16	$40,171
Jul 2002	193	5,596	24.58	3.06	$21,878
Jun 2002	192	6,454	23.73	3.34	$26,101
May 2002	973	18,989	24.66	3.58	$92,051
Apr 2002	782	29,283	23.65	3.51	$121,346
Mar 2002	398	14,798	22.00	3.10	$54,670
Feb 2002	589	17,772	18.22	2.38	$52,952
Jan 2002	788	22,519	17.17	2.38	$67,028
Dec 2001	780	25,435	16.93	2.36	$73,344
Nov 2001	984	28,497	18.07	2.41	$86,331
Oct 2001	779	29,985	19.78	2.53	$91,237
Sep 2001	391	11,218	24.26	2.25	$34,741
Aug 2001	390	7,005	24.87	3.05	$31,087
Jul 2001	194	9,271	23.93	3.20	$34,283
Jun 2001	382	10,193	24.56	3.82	$48,362
May 2001	393	10,577	25.52	4.31	$55,588
Apr 2001	394	10,954	24.68	5.34	$68,167
Mar 2001	398	8,852	24.54	5.38	$57,359
Feb 2001	198	7,910	27.75	5.77	$51,112
Jan 2001	197	8,414	27.47	8.40	$76,079
Dec 2000	788	25,342	26.88	9.12	$252,364
Nov 2000	590	17,079	32.21	5.66	$115,637
Oct 2000	950	34,763	31.23	5.15	$208,542
Sep 2000	1,475	35,947	31.87	5.19	$233,447
Aug 2000	549	26,927	29.64	4.54	$138,541
Jul 2000	374	14,592	28.53	4.09	$70,348
Jun 2000	751	21,737	29.30	4.40	$117,587
May 2000	753	26,994	27.26	3.68	$119,858
Apr 2000	573	23,936	24.51	3.12	$88,629
Mar 2000	563	19,025	28.42	2.86	$70,407
Feb 2000	755	17,043	27.62	2.73	$67,321
Jan 2000	564	21,366	25.27	2.48	$67,251
Dec 1999	937	30,875	24.28	2.42	$97,583
Nov 1999	907	29,705	23.19	2.43	$93,335
Oct 1999	737	35,806	20.98	2.80	$115,852
Sep 1999	1,451	36,754	21.75	2.62	$127,812
Aug 1999	1,109	32,472	19.26	2.88	$114,736
Jul 1999	1,235	36,457	17.89	2.37	$108,584
Jun 1999	912	36,560	15.94	2.36	$100,896
May 1999	1,269	40,871	15.79	2.32	$114,900
Apr 1999	1,107	39,877	15.10	2.21	$104,766
Mar 1999	910	32,892	12.47	1.84	$71,814
Feb 1999	729	16,447	9.98	1.82	$37,173
Jan 1999	746	22,641	10.38	1.90	$50,760
Dec 1998	1,460	35,812	9.20	1.77	$76,938
Nov 1998	1,870	42,181	10.89	2.19	$112,560
Oct 1998	1,718	46,941	12.42	1.97	$113,774
Sep 1998	1,569	43,381	12.59	2.08	$110,100
Aug 1998	1,745	48,712	11.30	1.91	$112,629
Jul 1998	1,945	52,969	11.74	2.24	$141,340
Jun 1998	1,947	50,278	11.24	2.24	$134,370
May 1998	1,953	55,605	12.62	2.21	$147,330
Apr 1998	2,154	56,027	13.04	2.51	$168,454
Mar 1998	2,178	62,843	12.80	2.31	$173,011
Feb 1998	2,382	63,446	13.95	2.30	$179,100
Jan 1998	2,353	50,942	14.70	2.15	$144,358
Dec 1997	1,992	51,858	16.32	2.41	$157,544
Nov 1997	2,337	53,507	18.19	3.09	$207,754
Oct 1997	2,176	55,920	19.25	3.15	$218,026
Sep 1997	2,149	58,258	17.74	2.95	$210,269
Aug 1997	2,298	60,921	17.86	2.55	$196,680
Jul 1997	2,288	64,748	17.58	2.25	$185,708
Jun 1997	2,660	63,431	17.24	2.26	$189,035
May 1997	2,364	69,548	18.97	2.31	$205,397
Apr 1997	2,795	71,458	17.88	2.08	$198,806
Mar 1997	2,643	80,430	18.95	1.94	$206,050
Feb 1997	2,447	66,732	20.49	2.21	$197,343
Jan 1997	2,759	81,075	23.48	3.54	$351,763
Dec 1996	3,573	84,142	23.32	—	$83,322
Nov 1996	3,254	83,086	21.97	—	$71,490
Oct 1996	3,498	84,825	23.31	—	$81,538
Sep 1996	3,670	85,967	22.22	—	$81,547
Aug 1996	3,817	98,993	20.26	—	$77,332
Jul 1996	4,183	108,424	19.55	—	$81,778
Jun 1996	4,364	113,084	18.73	—	$81,738
May 1996	4,876	121,883	19.43	—	$94,741
Apr 1996	4,314	108,309	21.51	—	$92,794
Mar 1996	5,012	133,172	19.38	—	$97,133
Feb 1996	5,605	127,819	16.98	—	$95,173
Jan 1996	6,226	142,141	17.07	—	$106,278
Dec 1995	6,964	156,511	17.19	—	$119,711
Nov 1995	7,312	165,657	16.00	—	$116,992
Oct 1995	8,612	179,621	15.43	—	$132,883
Sep 1995	8,405	183,591	16.18	—	$135,993
Aug 1995	9,706	197,482	15.92	—	$154,520
Jul 1995	10,739	216,098	15.24	—	$163,662
Jun 1995	10,030	200,161	16.41	—	$164,592
May 1995	11,184	221,926	17.56	—	$196,391
Apr 1995	5,520	131,455	17.73	—	$97,870

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.

Aug 2015 — as filed, then multipliedworked

Condensate             1 bbl  × $ 40.16 =        $40
Gas                    1 Mcf  × $  2.87 =         $3

────────────────────────────────────────────────────
Month total                                      $43

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/154709 is the state's own key, not one this site invented.