LAKE CREEK UNIT

Name: LAKE CREEK UNIT lease production and value, Oct 2000 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 179770District 03Field 514219352 tax incentive programmesCondensateGasSave Export

Value, all time

$4.8 M

Oct 2000 – Sep 2012

Value, last 12 filed months

at the published price for each month

Months reported

144

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	2007-05-22	174580
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	15,554 bbl	$597,723
Gas	Production	721,825 Mcf	$4,245,746
Total			$4,843,469

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 30.2328, -95.6457. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.23281, -95.64567 · 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

13,000 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 13,000 ft.

Completions filed

May 2012

1 of 1 wells

1 well


42-33930857	48	13,000 ft	May 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 (144)

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

144 months


Sep 2012	0	0	94.67	2.92	$0
Aug 2012	0	0	92.66	2.91	$0
Jul 2012	0	0	85.13	3.02	$0
Jun 2012	0	0	79.82	2.52	$0
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	0	0	101.10	2.57	$0
Jan 2012	0	0	98.09	2.73	$0
Dec 2011	0	0	96.87	3.24	$0
Nov 2011	0	0	95.72	3.31	$0
Oct 2011	0	0	84.98	3.65	$0
Sep 2011	0	0	83.62	3.99	$0
Aug 2011	0	0	83.40	4.15	$0
Jul 2011	0	0	94.14	4.52	$0
Jun 2011	0	0	92.90	4.64	$0
May 2011	0	0	98.13	4.40	$0
Apr 2011	0	0	105.96	4.33	$0
Mar 2011	5	2	96.36	4.06	$490
Feb 2011	31	34	85.64	4.18	$2,797
Jan 2011	39	16	86.50	4.59	$3,447
Dec 2010	38	1,485	85.73	4.35	$9,714
Nov 2010	32	609	80.84	3.80	$4,898
Oct 2010	38	1,213	78.10	3.51	$7,224
Sep 2010	39	976	72.63	3.98	$6,717
Aug 2010	46	1,686	73.68	4.42	$10,840
Jul 2010	30	1,615	72.55	4.74	$9,826
Jun 2010	29	1,444	70.36	4.91	$9,131
May 2010	29	2,045	71.12	4.24	$10,724
Apr 2010	34	1,574	81.69	4.12	$9,267
Mar 2010	30	1,744	78.39	4.39	$10,006
Feb 2010	34	1,052	73.58	5.44	$8,227
Jan 2010	31	2,121	74.36	5.96	$14,955
Dec 2009	39	1,745	71.44	5.48	$12,355
Nov 2009	39	1,657	74.59	3.75	$9,125
Oct 2009	40	1,491	72.54	4.11	$9,030
Sep 2009	20	1,441	65.54	3.06	$5,727
Aug 2009	24	2,083	67.42	3.22	$8,322
Jul 2009	1	1,990	61.13	3.46	$6,955
Jun 2009	3	1,988	66.16	3.90	$7,942
May 2009	2	2,762	54.74	3.93	$10,952
Apr 2009	9	2,266	46.77	3.59	$8,550
Mar 2009	8	2,388	42.14	4.06	$10,030
Feb 2009	4	2,581	32.81	4.63	$12,089
Jan 2009	18	3,001	35.86	5.37	$16,764
Dec 2008	19	3,866	37.10	5.98	$23,813
Nov 2008	40	3,857	55.49	6.86	$28,680
Oct 2008	60	4,415	75.24	6.92	$35,075
Sep 2008	52	3,253	101.76	7.88	$30,916
Aug 2008	69	5,391	114.22	8.48	$53,613
Jul 2008	61	4,107	131.08	11.39	$54,772
Jun 2008	3	0	131.33	13.03	$394
May 2008	29	2,365	123.17	11.57	$30,945
Apr 2008	33	2,710	110.31	10.45	$31,973
Mar 2008	40	1,509	101.90	9.66	$18,659
Feb 2008	43	1,598	92.53	8.77	$17,994
Jan 2008	43	2,502	90.38	8.21	$24,417
Dec 2007	43	2,243	88.33	7.30	$20,177
Nov 2007	39	1,180	91.67	7.29	$12,179
Oct 2007	58	1,676	82.85	6.92	$16,407
Sep 2007	53	1,849	75.84	6.24	$15,565
Aug 2007	54	2,121	69.06	6.39	$17,278
Jul 2007	63	3,486	70.90	6.39	$26,735
Jun 2007	54	3,512	62.00	7.55	$29,858
May 2007	52	1,982	58.74	7.85	$18,606
Apr 2007	50	2,530	59.61	7.81	$22,728
Mar 2007	51	2,131	56.92	7.30	$18,463
Feb 2007	44	2,662	55.10	8.22	$24,295
Jan 2007	82	2,235	50.30	6.73	$19,159
Dec 2006	61	1,446	56.65	6.92	$13,460
Nov 2006	62	1,456	54.20	7.62	$14,451
Oct 2006	37	1,116	54.90	6.01	$8,743
Sep 2006	35	322	60.08	5.04	$3,725
Aug 2006	63	2,110	68.71	7.34	$19,816
Jul 2006	101	4,251	69.37	6.34	$33,969
Jun 2006	105	4,441	66.28	6.38	$35,310
May 2006	106	4,159	66.01	6.42	$33,719
Apr 2006	97	4,947	64.39	7.36	$42,658
Mar 2006	136	4,277	56.70	7.08	$38,005
Feb 2006	133	3,410	57.59	7.75	$34,091
Jan 2006	104	3,539	60.59	8.93	$37,916
Dec 2005	117	3,577	54.94	13.42	$54,415
Nov 2005	61	3,258	54.69	10.59	$37,833
Oct 2005	72	2,771	58.34	13.80	$42,429
Sep 2005	74	3,163	61.45	12.08	$42,753
Aug 2005	59	4,784	61.51	9.80	$50,497
Jul 2005	66	4,926	55.69	7.84	$42,313
Jun 2005	92	5,354	52.33	7.38	$44,332
May 2005	92	5,470	45.22	6.65	$40,542
Apr 2005	97	4,840	49.20	7.36	$40,397
Mar 2005	97	4,017	50.37	7.15	$33,627
Feb 2005	102	2,246	45.22	6.31	$18,789
Jan 2005	14	898	43.16	6.32	$6,282
Dec 2004	69	2,850	39.86	6.75	$21,991
Nov 2004	75	3,361	45.28	6.33	$24,673
Oct 2004	73	5,948	49.70	6.52	$42,380
Sep 2004	97	5,108	43.24	5.28	$31,184
Aug 2004	133	5,825	42.37	5.55	$37,968
Jul 2004	126	6,778	38.28	6.08	$46,062
Jun 2004	135	6,845	36.10	6.43	$48,908
May 2004	139	7,625	37.48	6.49	$54,731
Apr 2004	119	4,791	34.47	5.86	$32,170
Mar 2004	97	2,179	34.36	5.53	$15,383
Feb 2004	42	1,895	32.45	5.51	$11,804
Jan 2004	35	10,283	32.03	6.30	$65,900
Dec 2003	39	10,452	30.26	6.30	$67,045
Nov 2003	43	13,610	28.80	4.60	$63,779
Oct 2003	83	14,696	28.17	4.76	$72,286
Sep 2003	73	14,694	26.31	4.75	$71,708
Aug 2003	100	15,238	29.76	5.13	$81,143
Jul 2003	95	14,964	29.41	5.17	$80,170
Jun 2003	77	15,738	28.56	5.98	$96,359
May 2003	74	18,686	26.59	5.97	$113,573
Apr 2003	74	413	26.67	5.41	$4,207
Mar 2003	0	79	31.14	6.10	$482
Feb 2003	7	81	33.48	7.93	$876
Jan 2003	66	2,436	30.31	5.58	$15,598
Dec 2002	106	4,037	26.91	4.85	$22,447
Nov 2002	86	4,446	24.66	4.14	$20,514
Oct 2002	95	4,423	26.46	4.23	$21,219
Sep 2002	105	4,331	27.44	3.64	$18,625
Aug 2002	89	4,757	25.96	3.16	$17,362
Jul 2002	93	4,623	24.58	3.06	$16,440
Jun 2002	94	4,877	23.73	3.34	$18,511
May 2002	96	5,111	24.66	3.58	$20,685
Apr 2002	85	5,106	23.65	3.51	$19,944
Mar 2002	107	4,949	22.00	3.10	$17,709
Feb 2002	101	5,781	18.22	2.38	$15,574
Jan 2002	117	6,562	17.17	2.38	$17,598
Dec 2001	90	6,202	16.93	2.36	$16,188
Nov 2001	110	5,434	18.07	2.41	$15,059
Oct 2001	140	6,766	19.78	2.53	$19,880
Sep 2001	143	7,165	24.26	2.25	$19,600
Aug 2001	145	7,342	24.87	3.05	$26,022
Jul 2001	217	9,155	23.93	3.20	$34,462
Jun 2001	352	8,184	24.56	3.82	$39,942
May 2001	310	11,113	25.52	4.31	$55,778
Apr 2001	293	13,879	24.68	5.34	$81,280
Mar 2001	365	18,037	24.54	5.38	$105,932
Feb 2001	409	19,835	27.75	5.77	$125,740
Jan 2001	627	26,634	27.47	8.40	$240,916
Dec 2000	1,209	40,195	26.88	9.12	$399,177
Nov 2000	2,027	56,156	32.21	5.66	$383,020
Oct 2000	2,262	55,183	31.23	5.15	$354,586

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.

Mar 2011 — as filed, then multipliedworked

Condensate             5 bbl  × $ 96.36 =       $482
Gas                    2 Mcf  × $  4.06 =         $8

────────────────────────────────────────────────────
Month total                                     $490

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/179770 is the state's own key, not one this site invented.