LAKE CREEK UNIT

Name: LAKE CREEK UNIT lease production and value, Feb 1997 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by DEVON ENERGY PRODUCTION CO, L.P. (P-5 216378) 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 163241District 03Field 514219352 tax incentive programmesCondensateGasSave Export

Value, all time

$4.0 M

Feb 1997 – Feb 2008

Value, last 12 filed months

$84 k

at the published price for each month

Months reported

133

no gaps in the span

Streams

condensate, gas

The LAKE CREEK (WILCOX CONSOLIDATED) 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 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.

Programme	Filings	With an approval date	Dated	Docket
High Cost Gas	1	1	2007-08-06	163038
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	45,752 bbl	$893,660
Gas	Production	994,553 Mcf	$3,100,190
Total			$3,993,850

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 30.2447, -95.6176. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.24466, -95.61759 · 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

11,993 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 11,993 ft.

Completions filed

Nov 2013

1 of 1 wells

1 well


42-33930919	52	11,993 ft	Nov 2013	—	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 (133)

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

133 months


Feb 2008	0	0	92.53	8.77	$0
Jan 2008	1	256	90.38	8.21	$2,191
Dec 2007	0	765	88.33	7.30	$5,586
Nov 2007	0	326	91.67	7.29	$2,377
Oct 2007	1	828	82.85	6.92	$5,814
Sep 2007	3	150	75.84	6.24	$1,164
Aug 2007	6	1,927	69.06	6.39	$12,724
Jul 2007	3	327	70.90	6.39	$2,302
Jun 2007	4	2,268	62.00	7.55	$17,368
May 2007	8	709	58.74	7.85	$6,033
Apr 2007	12	1,974	59.61	7.81	$16,123
Mar 2007	9	1,678	56.92	7.30	$12,765
Feb 2007	23	2,301	55.10	8.22	$20,172
Jan 2007	37	1,412	50.30	6.73	$11,359
Dec 2006	22	2,826	56.65	6.92	$20,798
Nov 2006	38	3,422	54.20	7.62	$28,127
Oct 2006	48	3,622	54.90	6.01	$24,417
Sep 2006	58	2,800	60.08	5.04	$17,589
Aug 2006	59	4,473	68.71	7.34	$36,885
Jul 2006	76	83	69.37	6.34	$5,799
Jun 2006	68	3,818	66.28	6.38	$28,881
May 2006	70	3,446	66.01	6.42	$26,761
Apr 2006	39	3,209	64.39	7.36	$26,131
Mar 2006	57	4,803	56.70	7.08	$37,251
Feb 2006	47	795	57.59	7.75	$8,869
Jan 2006	67	2,283	60.59	8.93	$24,454
Dec 2005	75	1,394	54.94	13.42	$22,822
Nov 2005	45	1,604	54.69	10.59	$19,445
Oct 2005	56	900	58.34	13.80	$15,683
Sep 2005	40	1,338	61.45	12.08	$18,620
Aug 2005	50	2,316	61.51	9.80	$25,765
Jul 2005	58	1,841	55.69	7.84	$17,670
Jun 2005	53	2,105	52.33	7.38	$18,311
May 2005	58	1,766	45.22	6.65	$14,369
Apr 2005	44	1,293	49.20	7.36	$11,682
Mar 2005	20	1,450	50.37	7.15	$11,382
Feb 2005	7	1,138	45.22	6.31	$7,500
Jan 2005	61	1,831	43.16	6.32	$14,209
Dec 2004	82	2,307	39.86	6.75	$18,843
Nov 2004	109	1,353	45.28	6.33	$13,501
Oct 2004	177	2,561	49.70	6.52	$25,482
Sep 2004	157	643	43.24	5.28	$10,186
Aug 2004	136	2,123	42.37	5.55	$17,546
Jul 2004	73	1,819	38.28	6.08	$13,862
Jun 2004	55	1,508	36.10	6.43	$11,686
May 2004	19	395	37.48	6.49	$3,277
Apr 2004	39	487	34.47	5.86	$4,197
Mar 2004	135	950	34.36	5.53	$9,892
Feb 2004	116	1,850	32.45	5.51	$13,957
Jan 2004	94	393	32.03	6.30	$5,487
Dec 2003	54	724	30.26	6.30	$6,196
Nov 2003	46	339	28.80	4.60	$2,883
Oct 2003	45	1,796	28.17	4.76	$9,816
Sep 2003	70	2,825	26.31	4.75	$15,259
Aug 2003	99	89	29.76	5.13	$3,403
Jul 2003	106	1,961	29.41	5.17	$13,257
Jun 2003	84	2,733	28.56	5.98	$18,750
May 2003	93	3,461	26.59	5.97	$23,144
Apr 2003	91	2,076	26.67	5.41	$13,652
Mar 2003	118	2,619	31.14	6.10	$19,640
Feb 2003	93	2,460	33.48	7.93	$22,611
Jan 2003	109	3,202	30.31	5.58	$21,177
Dec 2002	119	2,730	26.91	4.85	$16,453
Nov 2002	163	2,854	24.66	4.14	$15,826
Oct 2002	157	3,830	26.46	4.23	$20,352
Sep 2002	184	4,008	27.44	3.64	$19,619
Aug 2002	174	4,732	25.96	3.16	$19,490
Jul 2002	215	5,601	24.58	3.06	$22,434
Jun 2002	243	5,629	23.73	3.34	$24,557
May 2002	266	5,753	24.66	3.58	$27,178
Apr 2002	154	1,955	23.65	3.51	$10,509
Mar 2002	7	46	22.00	3.10	$297
Feb 2002	9	195	18.22	2.38	$627
Jan 2002	18	554	17.17	2.38	$1,625
Dec 2001	22	1,095	16.93	2.36	$2,961
Nov 2001	21	219	18.07	2.41	$906
Oct 2001	234	3,370	19.78	2.53	$13,151
Sep 2001	340	4,458	24.26	2.25	$18,285
Aug 2001	361	4,894	24.87	3.05	$23,920
Jul 2001	333	3,744	23.93	3.20	$19,939
Jun 2001	153	2,986	24.56	3.82	$15,177
May 2001	316	2,471	25.52	4.31	$18,708
Apr 2001	289	2,679	24.68	5.34	$21,426
Mar 2001	199	3,067	24.54	5.38	$21,373
Feb 2001	284	2,405	27.75	5.77	$21,751
Jan 2001	141	2,494	27.47	8.40	$24,820
Dec 2000	270	2,784	26.88	9.12	$32,655
Nov 2000	216	5,443	32.21	5.66	$37,754
Oct 2000	210	8,951	31.23	5.15	$52,616
Sep 2000	208	5,895	31.87	5.19	$37,203
Aug 2000	226	9,537	29.64	4.54	$50,004
Jul 2000	205	9,633	28.53	4.09	$45,245
Jun 2000	235	8,847	29.30	4.40	$45,788
May 2000	273	8,787	27.26	3.68	$39,776
Apr 2000	282	9,673	24.51	3.12	$37,053
Mar 2000	317	8,059	28.42	2.86	$32,056
Feb 2000	262	8,481	27.62	2.73	$30,360
Jan 2000	258	6,728	25.27	2.48	$23,208
Dec 1999	73	3,163	24.28	2.42	$9,439
Nov 1999	74	3,341	23.19	2.43	$9,848
Oct 1999	176	4,776	20.98	2.80	$17,083
Sep 1999	383	9,225	21.75	2.62	$32,489
Aug 1999	219	7,835	19.26	2.88	$26,748
Jul 1999	390	14,915	17.89	2.37	$42,361
Jun 1999	460	15,695	15.94	2.36	$44,406
May 1999	505	14,636	15.79	2.32	$41,944
Apr 1999	574	16,611	15.10	2.21	$45,345
Mar 1999	516	18,273	12.47	1.84	$40,026
Feb 1999	477	17,536	9.98	1.82	$36,637
Jan 1999	831	18,990	10.38	1.90	$44,706
Dec 1998	692	19,737	9.20	1.77	$41,366
Nov 1998	724	19,818	10.89	2.19	$51,201
Oct 1998	787	22,167	12.42	1.97	$53,426
Sep 1998	751	22,255	12.59	2.08	$55,804
Aug 1998	738	25,832	11.30	1.91	$57,610
Jul 1998	904	24,579	11.74	2.24	$65,603
Jun 1998	926	26,532	11.24	2.24	$69,767
May 1998	1,248	23,840	12.62	2.21	$68,349
Apr 1998	1,165	20,325	13.04	2.51	$66,112
Mar 1998	1,328	23,244	12.80	2.31	$70,679
Feb 1998	1,400	24,967	13.95	2.30	$76,932
Jan 1998	1,571	25,586	14.70	2.15	$78,226
Dec 1997	1,934	31,105	16.32	2.41	$106,560
Nov 1997	1,875	33,736	18.19	3.09	$138,292
Oct 1997	1,972	37,999	19.25	3.15	$157,651
Sep 1997	1,973	41,062	17.74	2.95	$156,334
Aug 1997	1,931	34,388	17.86	2.55	$122,340
Jul 1997	2,099	36,908	17.58	2.25	$119,830
Jun 1997	1,475	17,066	17.24	2.26	$63,950
May 1997	1,440	16,427	18.97	2.31	$65,239
Apr 1997	1,594	23,628	17.88	2.08	$77,713
Mar 1997	1,567	22,759	18.95	1.94	$73,828
Feb 1997	93	859	20.49	2.21	$3,800

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.

Jan 2008 — as filed, then multipliedworked

Condensate             1 bbl  × $ 90.38 =        $90
Gas                  256 Mcf  × $  8.21 =     $2,101

────────────────────────────────────────────────────
Month total                                   $2,191

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/163241 is the state's own key, not one this site invented.