SCHERER, MRS. LULA RAY

Name: SCHERER, MRS. LULA RAY lease production and value, Aug 1998 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by HARRISON, DAN J III&BRUCE F EST (P-5 360394) in the MAYES, WEST (F-1) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 170857District 03Field 58654400CondensateGasSave Export

Value, all time

$5.6 M

Aug 1998 – Sep 2014

Value, last 12 filed months

at the published price for each month

Months reported

194

no gaps in the span

Streams

condensate, gas

The MAYES, WEST (F-1) 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 3 leases and 4 wells, and the rule below applies to all of them.

Discovered

1980-08-05

as the register files it

Field class

Oil and gas

the register's own label

Between wells

—

no field rule filed

From a lease line

—

no field rule filed

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	10,930 bbl	$562,654
Gas	Production	1,628,114 Mcf	$5,086,148
Total			$5,648,801

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 29.5632, -94.7169. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.56321, -94.71688 · 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

9,413 ft

1 wells filed one

Completion to plug

18.5 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 9,413 ft.

Completions filed

Aug 1998

1 of 1 wells

Plug dates filed

Feb 2017

1 of 1 wells

Last completion to plug: a median of 18.5 years across the 1 well that filed both dates, with the middle half between 18.5 years and 18.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-07132133	4	9,413 ft	Aug 1998	Feb 2017	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 (194)

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

194 months


Sep 2014	0	0	86.16	4.05	$0
Aug 2014	0	0	89.39	4.04	$0
Jul 2014	0	0	96.56	4.18	$0
Jun 2014	0	0	98.16	4.74	$0
May 2014	0	0	94.73	4.73	$0
Apr 2014	0	0	95.94	4.81	$0
Mar 2014	0	0	95.89	5.06	$0
Feb 2014	0	0	97.40	6.19	$0
Jan 2014	0	0	90.40	4.86	$0
Dec 2013	0	0	91.82	4.35	$0
Nov 2013	0	0	88.85	3.74	$0
Oct 2013	0	0	97.42	3.78	$0
Sep 2013	0	0	104.11	3.72	$0
Aug 2013	0	0	104.25	3.52	$0
Jul 2013	0	0	102.52	3.72	$0
Jun 2013	0	0	94.40	3.93	$0
May 2013	0	0	94.83	4.15	$0
Apr 2013	0	0	93.96	4.28	$0
Mar 2013	0	0	93.62	3.91	$0
Feb 2013	117	0	91.23	3.42	$10,674
Jan 2013	0	0	91.60	3.42	$0
Dec 2012	0	78	86.77	3.42	$267
Nov 2012	175	75	86.95	3.62	$15,488
Oct 2012	0	48	89.38	3.40	$163
Sep 2012	0	57	94.67	2.92	$166
Aug 2012	179	42	92.66	2.91	$16,708
Jul 2012	0	130	85.13	3.02	$393
Jun 2012	0	18	79.82	2.52	$45
May 2012	179	73	91.61	2.49	$16,580
Apr 2012	0	78	101.65	2.00	$156
Mar 2012	180	76	105.05	2.22	$19,078
Feb 2012	0	86	101.10	2.57	$221
Jan 2012	0	48	98.09	2.73	$131
Dec 2011	195	87	96.87	3.24	$19,172
Nov 2011	0	26	95.72	3.31	$86
Oct 2011	0	108	84.98	3.65	$394
Sep 2011	181	61	83.62	3.99	$15,378
Aug 2011	0	76	83.40	4.15	$315
Jul 2011	178	80	94.14	4.52	$17,118
Jun 2011	0	66	92.90	4.64	$306
May 2011	0	95	98.13	4.40	$418
Apr 2011	177	102	105.96	4.33	$19,197
Mar 2011	0	114	96.36	4.06	$463
Feb 2011	176	29	85.64	4.18	$15,194
Jan 2011	0	68	86.50	4.59	$312
Dec 2010	0	117	85.73	4.35	$509
Nov 2010	177	88	80.84	3.80	$14,643
Oct 2010	0	90	78.10	3.51	$316
Sep 2010	179	85	72.63	3.98	$13,339
Aug 2010	0	87	73.68	4.42	$384
Jul 2010	0	46	72.55	4.74	$218
Jun 2010	177	90	70.36	4.91	$12,896
May 2010	0	102	71.12	4.24	$432
Apr 2010	176	109	81.69	4.12	$14,827
Mar 2010	189	112	78.39	4.39	$15,307
Feb 2010	0	117	73.58	5.44	$637
Jan 2010	171	97	74.36	5.96	$13,294
Dec 2009	0	79	71.44	5.48	$433
Nov 2009	178	119	74.59	3.75	$13,723
Oct 2009	0	127	72.54	4.11	$522
Sep 2009	173	127	65.54	3.06	$11,728
Aug 2009	209	131	67.42	3.22	$14,512
Jul 2009	0	144	61.13	3.46	$499
Jun 2009	178	151	66.16	3.90	$12,365
May 2009	190	142	54.74	3.93	$10,958
Apr 2009	180	151	46.77	3.59	$8,960
Mar 2009	0	158	42.14	4.06	$641
Feb 2009	180	128	32.81	4.63	$6,499
Jan 2009	200	183	35.86	5.37	$8,155
Dec 2008	179	188	37.10	5.98	$7,765
Nov 2008	0	106	55.49	6.86	$727
Oct 2008	179	154	75.24	6.92	$14,534
Sep 2008	0	51	101.76	7.88	$402
Aug 2008	182	184	114.22	8.48	$22,349
Jul 2008	190	187	131.08	11.39	$27,035
Jun 2008	180	145	131.33	13.03	$25,529
May 2008	342	246	123.17	11.57	$44,971
Apr 2008	0	8	110.31	10.45	$84
Mar 2008	0	9	101.90	9.66	$87
Feb 2008	0	0	92.53	8.77	$0
Jan 2008	0	1,111	90.38	8.21	$9,117
Dec 2007	0	1,505	88.33	7.30	$10,989
Nov 2007	0	1,282	91.67	7.29	$9,348
Oct 2007	0	2,233	82.85	6.92	$15,457
Sep 2007	0	4,068	75.84	6.24	$25,401
Aug 2007	0	1,510	69.06	6.39	$9,646
Jul 2007	0	284	70.90	6.39	$1,814
Jun 2007	0	1,439	62.00	7.55	$10,862
May 2007	0	1,476	58.74	7.85	$11,581
Apr 2007	0	1,422	59.61	7.81	$11,099
Mar 2007	0	4,033	56.92	7.30	$29,449
Feb 2007	0	3,563	55.10	8.22	$29,274
Jan 2007	0	7,006	50.30	6.73	$47,128
Dec 2006	0	5,411	56.65	6.92	$37,436
Nov 2006	0	2,247	54.20	7.62	$17,116
Oct 2006	0	2,166	54.90	6.01	$13,026
Sep 2006	0	3,065	60.08	5.04	$15,439
Aug 2006	0	1,051	68.71	7.34	$7,714
Jul 2006	0	5,797	69.37	6.34	$36,769
Jun 2006	0	4,625	66.28	6.38	$29,525
May 2006	0	1,523	66.01	6.42	$9,785
Apr 2006	0	2,967	64.39	7.36	$21,839
Mar 2006	0	3,393	56.70	7.08	$24,032
Feb 2006	0	2,749	57.59	7.75	$21,308
Jan 2006	0	3,406	60.59	8.93	$30,427
Dec 2005	0	2,455	54.94	13.42	$32,935
Nov 2005	0	9	54.69	10.59	$95
Oct 2005	0	0	58.34	13.80	$0
Sep 2005	0	0	61.45	12.08	$0
Aug 2005	0	0	61.51	9.80	$0
Jul 2005	0	2,076	55.69	7.84	$16,283
Jun 2005	0	2,826	52.33	7.38	$20,859
May 2005	0	1,401	45.22	6.65	$9,318
Apr 2005	0	3,099	49.20	7.36	$22,810
Mar 2005	0	3,873	50.37	7.15	$27,711
Feb 2005	0	1,556	45.22	6.31	$9,821
Jan 2005	0	1,862	43.16	6.32	$11,772
Dec 2004	0	97	39.86	6.75	$655
Nov 2004	0	0	45.28	6.33	$0
Oct 2004	0	0	49.70	6.52	$0
Sep 2004	0	0	43.24	5.28	$0
Aug 2004	0	0	42.37	5.55	$0
Jul 2004	0	3,563	38.28	6.08	$21,678
Jun 2004	0	4,466	36.10	6.43	$28,730
May 2004	0	5,095	37.48	6.49	$33,090
Apr 2004	0	2,469	34.47	5.86	$14,465
Mar 2004	164	5,600	34.36	5.53	$36,604
Feb 2004	0	2,433	32.45	5.51	$13,405
Jan 2004	0	3,991	32.03	6.30	$25,142
Dec 2003	0	3,031	30.26	6.30	$19,100
Nov 2003	0	4,304	28.80	4.60	$19,778
Oct 2003	0	6,214	28.17	4.76	$29,576
Sep 2003	0	5,498	26.31	4.75	$26,112
Aug 2003	0	5,213	29.76	5.13	$26,741
Jul 2003	0	6,793	29.41	5.17	$35,126
Jun 2003	0	5,253	28.56	5.98	$31,428
May 2003	0	6,834	26.59	5.97	$40,817
Apr 2003	0	6,912	26.67	5.41	$37,375
Mar 2003	0	8,331	31.14	6.10	$50,786
Feb 2003	178	7,880	33.48	7.93	$68,415
Jan 2003	0	8,848	30.31	5.58	$49,390
Dec 2002	0	6,770	26.91	4.85	$32,860
Nov 2002	0	9,068	24.66	4.14	$37,514
Oct 2002	0	9,478	26.46	4.23	$40,084
Sep 2002	0	10,140	27.44	3.64	$36,861
Aug 2002	0	11,157	25.96	3.16	$35,303
Jul 2002	0	12,374	24.58	3.06	$37,886
Jun 2002	0	12,608	23.73	3.34	$42,089
May 2002	166	12,636	24.66	3.58	$49,381
Apr 2002	0	11,764	23.65	3.51	$41,319
Mar 2002	0	11,978	22.00	3.10	$37,164
Feb 2002	0	11,288	18.22	2.38	$26,817
Jan 2002	0	14,575	17.17	2.38	$34,626
Dec 2001	0	15,807	16.93	2.36	$37,374
Nov 2001	0	15,956	18.07	2.41	$38,382
Oct 2001	0	17,053	19.78	2.53	$43,125
Sep 2001	172	17,467	24.26	2.25	$43,497
Aug 2001	0	34,240	24.87	3.05	$104,540
Jul 2001	0	17,730	23.93	3.20	$56,684
Jun 2001	0	34,074	24.56	3.82	$130,304
May 2001	0	17,347	25.52	4.31	$74,719
Apr 2001	0	15,357	24.68	5.34	$81,935
Mar 2001	0	7,703	24.54	5.38	$41,415
Feb 2001	0	0	27.75	5.77	$0
Jan 2001	173	54	27.47	8.40	$5,206
Dec 2000	0	5,702	26.88	9.12	$52,017
Nov 2000	0	6,077	32.21	5.66	$34,384
Oct 2000	0	15,460	31.23	5.15	$79,549
Sep 2000	0	8,137	31.87	5.19	$42,203
Aug 2000	0	5,783	29.64	4.54	$26,259
Jul 2000	0	4,530	28.53	4.09	$18,527
Jun 2000	0	7,948	29.30	4.40	$34,949
May 2000	0	5,470	27.26	3.68	$20,128
Apr 2000	0	1,515	24.51	3.12	$4,721
Mar 2000	147	28,806	28.42	2.86	$86,556
Feb 2000	169	26,107	27.62	2.73	$75,849
Jan 2000	176	46,850	25.27	2.48	$120,659
Dec 1999	181	50,644	24.28	2.42	$127,142
Nov 1999	356	55,757	23.19	2.43	$143,968
Oct 1999	173	63,112	20.98	2.80	$180,577
Sep 1999	530	73,288	21.75	2.62	$203,458
Aug 1999	176	82,235	19.26	2.88	$239,865
Jul 1999	512	79,645	17.89	2.37	$198,107
Jun 1999	170	50,813	15.94	2.36	$122,735
May 1999	180	40,184	15.79	2.32	$96,110
Apr 1999	356	68,851	15.10	2.21	$157,402
Mar 1999	175	67,309	12.47	1.84	$125,918
Feb 1999	181	57,650	9.98	1.82	$106,602
Jan 1999	350	55,780	10.38	1.90	$109,612
Dec 1998	179	55,356	9.20	1.77	$99,811
Nov 1998	179	51,836	10.89	2.19	$115,248
Oct 1998	341	49,966	12.42	1.97	$102,629
Sep 1998	0	33,821	12.59	2.08	$70,436
Aug 1998	0	5,765	11.30	1.91	$10,996

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 2013 — as filed, then multipliedworked

Condensate           117 bbl  × $ 91.23 =    $10,674
Gas                    0 Mcf  × $  3.42 =         $0

────────────────────────────────────────────────────
Month total                                  $10,674

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/170857 is the state's own key, not one this site invented.