LCRA/COA UNIT 7

Name: LCRA/COA UNIT 7 lease production and value, Sep 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 156821District 03Field 347735502 tax incentive programmesCondensateGasSave Export

Value, all time

$4.2 M

Sep 1995 – May 2012

Value, last 12 filed months

$15 k

at the published price for each month

Months reported

201

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	1996-02-21	133601
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	74,821 bbl	$1,516,955
Gas	Production	2,030,219 Mcf	$2,657,521
Total			$4,174,476

1,228,290 Mcf of this lease's gas, across 16 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 29.9472, -96.7464. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.94721, -96.74639 · 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

15,715 ft

1 wells filed one

Completion to plug

16.4 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 15,715 ft.

Completions filed

Sep 1995

1 of 1 wells

Plug dates filed

Feb 2012

1 of 1 wells

Last completion to plug: a median of 16.4 years across the 1 well that filed both dates, with the middle half between 16.4 years and 16.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-14932979	7OL	15,715 ft	Sep 1995	Feb 2012	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 (201)

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

201 months


May 2012	0	0	91.61	2.49	$0
Apr 2012	0	0	101.65	2.00	$0
Mar 2012	0	0	105.05	2.22	$0
Feb 2012	144	0	101.10	2.57	$14,558
Jan 2012	0	0	98.09	2.73	$0
Dec 2011	0	3	96.87	3.24	$10
Nov 2011	0	12	95.72	3.31	$40
Oct 2011	0	0	84.98	3.65	$0
Sep 2011	0	0	83.62	3.99	$0
Aug 2011	2	10	83.40	4.15	$208
Jul 2011	0	0	94.14	4.52	$0
Jun 2011	0	0	92.90	4.64	$0
May 2011	1	7	98.13	4.40	$129
Apr 2011	0	0	105.96	4.33	$0
Mar 2011	0	0	96.36	4.06	$0
Feb 2011	1	4	85.64	4.18	$102
Jan 2011	0	0	86.50	4.59	$0
Dec 2010	0	0	85.73	4.35	$0
Nov 2010	1	1	80.84	3.80	$85
Oct 2010	1	1	78.10	3.51	$82
Sep 2010	3	6	72.63	3.98	$242
Aug 2010	0	877	73.68	4.42	$3,876
Jul 2010	0	968	72.55	4.74	$4,585
Jun 2010	0	862	70.36	4.91	$4,233
May 2010	0	907	71.12	4.24	$3,841
Apr 2010	175	841	81.69	4.12	$17,763
Mar 2010	0	844	78.39	4.39	$3,704
Feb 2010	0	752	73.58	5.44	$4,093
Jan 2010	0	811	74.36	5.96	$4,837
Dec 2009	0	754	71.44	5.48	$4,135
Nov 2009	0	681	74.59	3.75	$2,555
Oct 2009	0	591	72.54	4.11	$2,429
Sep 2009	0	573	65.54	3.06	$1,756
Aug 2009	0	554	67.42	3.22	$1,783
Jul 2009	0	566	61.13	3.46	$1,961
Jun 2009	0	563	66.16	3.90	$2,193
May 2009	0	751	54.74	3.93	$2,948
Apr 2009	178	675	46.77	3.59	$10,747
Mar 2009	0	592	42.14	4.06	$2,403
Feb 2009	0	539	32.81	4.63	$2,497
Jan 2009	0	487	35.86	5.37	$2,616
Dec 2008	0	596	37.10	5.98	$3,562
Nov 2008	0	596	55.49	6.86	$4,089
Oct 2008	0	607	75.24	6.92	$4,202
Sep 2008	0	601	101.76	7.88	$4,734
Aug 2008	0	674	114.22	8.48	$5,718
Jul 2008	0	813	131.08	11.39	$9,260
Jun 2008	0	811	131.33	13.03	$10,569
May 2008	182	704	123.17	11.57	$30,565
Apr 2008	0	618	110.31	10.45	$6,461
Mar 2008	0	673	101.90	9.66	$6,504
Feb 2008	0	674	92.53	8.77	$5,911
Jan 2008	0	743	90.38	8.21	$6,097
Dec 2007	0	804	88.33	7.30	$5,871
Nov 2007	185	1,063	91.67	7.29	$24,710
Oct 2007	0	1,211	82.85	6.92	$8,383
Sep 2007	0	1,097	75.84	6.24	$6,850
Aug 2007	174	1,274	69.06	6.39	$20,155
Jul 2007	0	1,226	70.90	6.39	$7,832
Jun 2007	0	1,053	62.00	7.55	$7,949
May 2007	0	828	58.74	7.85	$6,497
Apr 2007	194	835	59.61	7.81	$18,082
Mar 2007	0	856	56.92	7.30	$6,250
Feb 2007	0	816	55.10	8.22	$6,704
Jan 2007	0	886	50.30	6.73	$5,960
Dec 2006	186	875	56.65	6.92	$16,591
Nov 2006	0	969	54.20	7.62	$7,381
Oct 2006	0	1,304	54.90	6.01	$7,842
Sep 2006	0	1,298	60.08	5.04	$6,538
Aug 2006	172	1,212	68.71	7.34	$20,714
Jul 2006	0	1,175	69.37	6.34	$7,453
Jun 2006	0	1,106	66.28	6.38	$7,061
May 2006	0	1,148	66.01	6.42	$7,376
Apr 2006	185	1,084	64.39	7.36	$19,891
Mar 2006	0	1,107	56.70	7.08	$7,841
Feb 2006	0	950	57.59	7.75	$7,364
Jan 2006	0	858	60.59	8.93	$7,665
Dec 2005	181	886	54.94	13.42	$21,830
Nov 2005	0	741	54.69	10.59	$7,846
Oct 2005	0	959	58.34	13.80	$13,230
Sep 2005	0	655	61.45	12.08	$7,912
Aug 2005	7	740	61.51	9.80	$7,680
Jul 2005	0	762	55.69	7.84	$5,977
Jun 2005	0	776	52.33	7.38	$5,728
May 2005	0	872	45.22	6.65	$5,800
Apr 2005	0	885	49.20	7.36	$6,514
Mar 2005	0	770	50.37	7.15	$5,509
Feb 2005	189	1,710	45.22	6.31	$19,340
Jan 2005	0	1,745	43.16	6.32	$11,032
Dec 2004	0	1,836	39.86	6.75	$12,395
Nov 2004	183	1,805	45.28	6.33	$19,713
Oct 2004	0	1,774	49.70	6.52	$11,558
Sep 2004	0	1,747	43.24	5.28	$9,231
Aug 2004	0	1,838	42.37	5.55	$10,202
Jul 2004	187	1,844	38.28	6.08	$18,378
Jun 2004	0	1,719	36.10	6.43	$11,058
May 2004	0	1,803	37.48	6.49	$11,710
Apr 2004	0	1,557	34.47	5.86	$9,122
Mar 2004	189	1,620	34.36	5.53	$15,453
Feb 2004	0	1,504	32.45	5.51	$8,286
Jan 2004	0	1,597	32.03	6.30	$10,061
Dec 2003	189	1,748	30.26	6.30	$16,734
Nov 2003	0	1,739	28.80	4.60	$7,991
Oct 2003	0	1,870	28.17	4.76	$8,901
Sep 2003	187	1,540	26.31	4.75	$12,234
Aug 2003	0	2,011	29.76	5.13	$10,316
Jul 2003	0	1,994	29.41	5.17	$10,311
Jun 2003	190	1,863	28.56	5.98	$16,573
May 2003	0	1,986	26.59	5.97	$11,862
Apr 2003	1	1,818	26.67	5.41	$9,857
Mar 2003	0	1,882	31.14	6.10	$11,473
Feb 2003	199	1,688	33.48	7.93	$20,041
Jan 2003	0	1,959	30.31	5.58	$10,935
Dec 2002	1	2,772	26.91	4.85	$13,482
Nov 2002	198	3,175	24.66	4.14	$18,018
Oct 2002	0	3,862	26.46	4.23	$16,333
Sep 2002	194	2,980	27.44	3.64	$16,156
Aug 2002	1	3,409	25.96	3.16	$10,813
Jul 2002	0	3,704	24.58	3.06	$11,341
Jun 2002	194	3,200	23.73	3.34	$15,286
May 2002	1	2,862	24.66	3.58	$10,282
Apr 2002	186	3,741	23.65	3.51	$17,538
Mar 2002	201	3,598	22.00	3.10	$15,586
Feb 2002	0	2,942	18.22	2.38	$6,989
Jan 2002	196	4,029	17.17	2.38	$12,937
Dec 2001	0	3,882	16.93	2.36	$9,179
Nov 2001	198	3,673	18.07	2.41	$12,413
Oct 2001	0	3,944	19.78	2.53	$9,974
Sep 2001	189	3,596	24.26	2.25	$12,681
Aug 2001	0	3,931	24.87	3.05	$12,002
Jul 2001	203	4,376	23.93	3.20	$18,848
Jun 2001	1	4,307	24.56	3.82	$16,495
May 2001	196	4,369	25.52	4.31	$23,821
Apr 2001	197	4,759	24.68	5.34	$30,253
Mar 2001	1	5,367	24.54	5.38	$28,880
Feb 2001	199	5,453	27.75	5.77	$36,970
Jan 2001	189	5,135	27.47	8.40	$48,319
Dec 2000	0	4,818	26.88	9.12	$43,952
Nov 2000	200	5,347	32.21	5.66	$36,695
Oct 2000	190	6,415	31.23	5.15	$38,942
Sep 2000	189	6,840	31.87	5.19	$41,499
Aug 2000	185	7,729	29.64	4.54	$40,579
Jul 2000	197	8,342	28.53	4.09	$39,737
Jun 2000	192	8,822	29.30	4.40	$44,418
May 2000	224	7,837	27.26	3.68	$34,944
Apr 2000	376	8,860	24.51	3.12	$36,824
Mar 2000	195	9,098	28.42	2.86	$31,560
Feb 2000	191	10,588	27.62	2.73	$34,144
Jan 2000	383	10,315	25.27	2.48	$35,265
Dec 1999	381	11,081	24.28	2.42	$36,108
Nov 1999	367	11,545	23.19	2.43	$36,611
Oct 1999	187	12,666	20.98	2.80	$39,435
Sep 1999	367	11,844	21.75	2.62	$39,000
Aug 1999	359	12,404	19.26	2.88	$42,583
Jul 1999	183	12,391	17.89	2.37	$32,670
Jun 1999	345	9,878	15.94	2.36	$28,832
May 1999	359	11,697	15.79	2.32	$32,818
Apr 1999	178	6,382	15.10	2.21	$16,780
Mar 1999	358	6,176	12.47	1.84	$15,818
Feb 1999	189	12,252	9.98	1.82	$24,158
Jan 1999	366	14,231	10.38	1.90	$30,837
Dec 1998	362	8,836	9.20	1.77	$18,999
Nov 1998	179	2,561	10.89	2.19	$7,547
Oct 1998	0	2,744	12.42	1.97	$5,404
Sep 1998	197	4,384	12.59	2.08	$11,610
Aug 1998	198	4,065	11.30	1.91	$9,991
Jul 1998	0	1,948	11.74	2.24	$4,358
Jun 1998	392	3,435	11.24	2.24	$12,091
May 1998	201	7,762	12.62	2.21	$19,662
Apr 1998	199	8,904	13.04	2.51	$24,902
Mar 1998	385	10,031	12.80	2.31	$28,094
Feb 1998	392	10,871	13.95	2.30	$30,462
Jan 1998	384	14,773	14.70	2.15	$37,478
Dec 1997	603	16,642	16.32	2.41	$49,966
Nov 1997	602	19,505	18.19	3.09	$71,187
Oct 1997	587	21,571	19.25	3.15	$79,245
Sep 1997	567	21,686	17.74	2.95	$74,138
Aug 1997	788	26,796	17.86	2.55	$82,530
Jul 1997	392	15,345	17.58	2.25	$41,371
Jun 1997	774	29,361	17.24	2.26	$79,617
May 1997	820	30,648	18.97	2.31	$86,306
Apr 1997	1,241	36,062	17.88	2.08	$97,298
Mar 1997	1,150	29,195	18.95	1.94	$78,406
Feb 1997	786	23,974	20.49	2.21	$68,989
Jan 1997	1,027	28,586	23.48	3.54	$125,300
Dec 1996	1,181	33,184	23.32	—	$27,541
Nov 1996	1,389	35,379	21.97	—	$30,516
Oct 1996	1,391	42,676	23.31	—	$32,424
Sep 1996	1,767	51,970	22.22	—	$39,263
Aug 1996	2,500	59,267	20.26	—	$50,650
Jul 1996	1,563	43,847	19.55	—	$30,557
Jun 1996	2,292	59,721	18.73	—	$42,929
May 1996	2,485	67,581	19.43	—	$48,284
Apr 1996	2,543	74,750	21.51	—	$54,700
Mar 1996	3,369	90,574	19.38	—	$65,291
Feb 1996	3,231	83,475	16.98	—	$54,862
Jan 1996	4,186	85,574	17.07	—	$71,455
Dec 1995	4,905	107,890	17.19	—	$84,317
Nov 1995	5,938	125,337	16.00	—	$95,008
Oct 1995	7,484	152,749	15.43	—	$115,478
Sep 1995	4,179	114,316	16.18	—	$67,616

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.

Feb 2012 — as filed, then multipliedworked

Condensate           144 bbl  × $101.10 =    $14,558
Gas                    0 Mcf  × $  2.57 =         $0

────────────────────────────────────────────────────
Month total                                  $14,558

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/156821 is the state's own key, not one this site invented.