LAKE CREEK UNIT

Operated by LINN OPERATING, INC. (P-5 501545) 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 180901District 03Field 514219352 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.1 M
Dec 2000 – Jun 2016
Value, last 12 filed months
$0
at the published price for each month
Months reported
187
no gaps in the span
Streams
2
condensate, gas

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.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112007-08-06163009
NGPA1none

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.

StreamBasisVolumeValue
CondensateDisposition18,201 bbl$770,184
GasProduction822,757 Mcf$4,369,867
Total$5,140,051

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 30.2426, -95.6339. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.24257, -95.63393 · centre of the wells drawn, derived

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
10,725 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 10,725 ft.

Completions filed
Feb 2014
1 of 1 wells

1 well

42-339309807910,725 ftFeb 2014Yes

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 (187)

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

187 months

Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20146094.734.73$568
Apr 2014808695.944.81$8,089
Mar 20148510095.895.06$8,656
Feb 2014241,78297.406.19$13,372
Jan 2014202,40890.404.86$13,513
Dec 2013312,91691.824.35$15,544
Nov 2013303,90088.853.74$17,245
Oct 2013203,61997.423.78$15,626
Sep 2013254,240104.113.72$18,366
Aug 2013128,591104.253.52$31,514
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20135294.834.15$482
Apr 2013161,00793.964.28$5,816
Mar 2013171,69993.623.91$8,240
Feb 2013251,86391.233.42$8,652
Jan 2013251,87391.603.42$8,695
Dec 2012262,01586.773.42$9,148
Nov 2012351,87486.953.62$9,836
Oct 2012422,18189.383.40$11,169
Sep 2012392,40594.672.92$10,711
Aug 2012502,83392.662.91$12,872
Jul 2012433,21385.133.02$13,366
Jun 2012514,09979.822.52$14,396
May 2012332,44691.612.49$9,110
Apr 2012744,318101.652.00$16,144
Mar 2012715,359105.052.22$19,367
Feb 2012654,696101.102.57$18,641
Jan 2012815,15398.092.73$22,034
Dec 2011784,34196.873.24$21,620
Nov 2011673,96295.723.31$19,533
Oct 2011433,37584.983.65$15,968
Sep 20111199183.623.99$4,870
Aug 201161,26483.404.15$5,745
Jul 2011201,92394.144.52$10,569
Jun 2011322,46692.904.64$14,415
May 2011322,92098.134.40$16,002
Apr 2011323,280105.964.33$17,604
Mar 2011252,83996.364.06$13,928
Feb 2011252,25785.644.18$11,575
Jan 2011312,51886.504.59$14,236
Dec 2010382,74685.734.35$15,197
Nov 2010262,28080.843.80$10,755
Oct 2010202,64178.103.51$10,829
Sep 2010273,05172.633.98$14,102
Aug 2010343,26273.684.42$16,921
Jul 2010363,35172.554.74$18,484
Jun 2010373,38170.364.91$19,205
May 2010413,71371.124.24$18,641
Apr 2010383,17281.694.12$16,181
Mar 2010453,31378.394.39$18,067
Feb 20104511,89273.585.44$68,032
Jan 2010423,48274.365.96$23,890
Dec 2009433,24671.445.48$20,872
Nov 2009442,96074.593.75$14,386
Oct 2009392,70472.544.11$13,943
Sep 2009512,72165.543.06$11,682
Aug 2009662,93367.423.22$13,890
Jul 2009442,64561.133.46$11,853
Jun 2009562,95966.163.90$15,230
May 2009573,07554.743.93$15,192
Apr 2009572,93646.773.59$13,199
Mar 2009673,33742.144.06$16,368
Feb 2009522,80032.814.63$14,679
Jan 2009672,95735.865.37$18,285
Dec 2008593,29337.105.98$21,872
Nov 2008753,60555.496.86$28,893
Oct 2008574,03675.246.92$32,226
Sep 2008422,855101.767.88$26,763
Aug 2008683,362114.228.48$36,287
Jul 2008673,321131.0811.39$46,607
Jun 2008703,590131.3313.03$55,980
May 2008774,008123.1711.57$55,874
Apr 20081064,044110.3110.45$53,972
Mar 2008662,987101.909.66$35,592
Feb 2008742,83292.538.77$31,686
Jan 2008862,89090.388.21$31,487
Dec 2007803,73688.337.30$34,347
Nov 2007573,35891.677.29$29,711
Oct 2007793,38982.856.92$30,004
Sep 2007603,41875.846.24$25,893
Aug 2007703,73369.066.39$28,680
Jul 2007734,71970.906.39$35,320
Jun 2007913,58362.007.55$32,688
May 2007874,10158.747.85$37,288
Apr 20071073,67659.617.81$35,070
Mar 20071014,77556.927.30$40,616
Feb 2007803,85755.108.22$36,097
Jan 2007774,03550.306.73$31,016
Dec 2006784,75356.656.92$37,302
Nov 2006584,19954.207.62$35,129
Oct 2006704,39354.906.01$30,262
Sep 2006684,52060.085.04$26,854
Aug 2006644,75868.717.34$39,321
Jul 2006714,99869.376.34$36,626
Jun 2006814,81866.286.38$36,126
May 2006734,46766.016.42$33,519
Apr 2006814,41864.397.36$37,734
Mar 2006924,54256.707.08$37,387
Feb 2006774,32057.597.75$37,919
Jan 2006784,67260.598.93$46,462
Dec 2005844,93854.9413.42$70,860
Nov 2005794,77154.6910.59$54,838
Oct 2005765,35458.3413.80$78,296
Sep 2005633,93061.4512.08$51,342
Aug 2005674,75361.519.80$50,686
Jul 2005794,40955.697.84$38,982
Jun 2005754,89052.337.38$40,018
May 2005765,10145.226.65$37,364
Apr 2005835,03349.207.36$41,129
Mar 2005894,96650.377.15$40,014
Feb 2005934,57745.226.31$33,095
Jan 2005935,39343.166.32$38,110
Dec 2004995,45539.866.75$40,773
Nov 2004955,63345.286.33$39,961
Oct 2004805,74549.706.52$41,405
Sep 2004735,30043.245.28$31,161
Aug 2004835,66542.375.55$34,961
Jul 2004955,67538.286.08$38,164
Jun 2004935,49136.106.43$38,681
May 2004965,99337.486.49$42,520
Apr 20041075,90834.475.86$38,300
Mar 20041206,11234.365.53$37,923
Feb 20041143,60932.455.51$23,584
Jan 20041153,00232.036.30$22,595
Dec 20031326,37830.266.30$44,186
Nov 20031205,71328.804.60$29,708
Oct 200317011,06428.174.76$57,450
Sep 20031466,06026.314.75$32,622
Aug 20031285,70129.765.13$33,054
Jul 20031676,45329.415.17$38,279
Jun 20031486,85028.565.98$45,210
May 20031886,35526.595.97$42,955
Apr 20031515,68126.675.41$34,746
Mar 20032197,86231.146.10$54,747
Feb 20031716,99633.487.93$61,175
Jan 20032369,02530.315.58$57,531
Dec 20022938,29426.914.85$48,142
Nov 20022377,78024.664.14$38,030
Oct 20022658,20526.464.23$41,712
Sep 20022168,07027.443.64$35,263
Aug 20022159,16825.963.16$34,590
Jul 20022529,47024.583.06$35,189
Jun 20022439,38423.733.34$37,092
May 20022429,27124.663.58$39,195
Apr 20022609,19323.653.51$38,438
Mar 200231311,23522.003.10$41,745
Feb 20022799,90618.222.38$28,617
Jan 20023329,46617.172.38$28,189
Dec 20014009,94316.932.36$30,281
Nov 20013709,74318.072.41$30,123
Oct 200141311,91919.782.53$38,311
Sep 200138212,41024.262.25$37,206
Aug 200145611,55524.873.05$46,620
Jul 200141113,57223.933.20$53,226
Jun 200146813,56424.563.82$63,365
May 200148716,01725.524.31$81,419
Apr 200152917,56724.685.34$106,781
Mar 200166319,52324.545.38$121,234
Feb 200164421,04527.755.77$139,239
Jan 200152320,18427.478.40$183,887
Dec 20000026.889.12$0

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.

May 2014 — as filed, then multipliedworked
Condensate             6 bbl  × $ 94.73 =       $568
Gas                    0 Mcf  × $  4.73 =         $0

────────────────────────────────────────────────────
Month total                                     $568

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/180901 is the state's own key, not one this site invented.