LINDLEY

Name: LINDLEY lease production and value, Aug 2002 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by STRAND ENERGY, L.C. (P-5 824758) in the NEW ULM (LWR WILCOX CONS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 193257District 03Field 65248075CondensateGasSave Export

Value, all time

$2.0 M

Aug 2002 – Jan 2016

Value, last 12 filed months

$57 k

at the published price for each month

Months reported

162

no gaps in the span

Streams

condensate, gas

The NEW ULM (LWR WILCOX CONS.) 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 40 leases and 44 wells, and the rule below applies to all of them.

Discovered

2006-10-10

as the register files it

Field class

Oil and gas

the register's own label

Between wells

0 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 2006-10-10.

The Commission's schedule remark for this field reads: “AND TWO PART ALLOCATION FORMULA WHICH IS SUSPENDED.”

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	5,676 bbl	$319,566
Gas	Production	286,896 Mcf	$1,679,487
Total			$1,999,053

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 29.8939, -96.4415. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.89385, -96.44147 · 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

11,500 ft

1 wells filed one

Completion to plug

15 months

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 11,500 ft.

Completions filed

Jul 2014

1 of 1 wells

Plug dates filed

Oct 2015

1 of 1 wells

Last completion to plug: a median of 15 months across the 1 well that filed both dates, with the middle half between 15 months and 15 months. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-01500585	1	11,500 ft	Jul 2014	Oct 2015	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 (162)

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

162 months


Jan 2016	0	0	27.35	2.36	$0
Dec 2015	0	0	32.36	2.00	$0
Nov 2015	0	0	38.79	2.17	$0
Oct 2015	255	0	43.55	2.43	$11,105
Sep 2015	0	8	42.99	2.76	$22
Aug 2015	0	8	40.16	2.87	$23
Jul 2015	0	10	48.15	2.95	$29
Jun 2015	187	861	56.15	2.88	$12,982
May 2015	0	2	55.21	2.96	$6
Apr 2015	0	152	49.82	2.71	$411
Mar 2015	318	400	42.89	2.93	$14,813
Feb 2015	367	368	44.66	2.98	$17,485
Jan 2015	0	361	43.43	3.10	$1,119
Dec 2014	0	233	54.69	3.59	$837
Nov 2014	0	0	70.46	4.25	$0
Oct 2014	0	12	78.30	3.90	$47
Sep 2014	0	47	86.16	4.05	$190
Aug 2014	171	173	89.39	4.04	$15,984
Jul 2014	175	114	96.56	4.18	$17,374
Jun 2014	0	11	98.16	4.74	$52
May 2014	0	33	94.73	4.73	$156
Apr 2014	0	0	95.94	4.81	$0
Mar 2014	0	255	95.89	5.06	$1,289
Feb 2014	174	934	97.40	6.19	$22,731
Jan 2014	5	543	90.40	4.86	$3,091
Dec 2013	4	1,145	91.82	4.35	$5,353
Nov 2013	2	789	88.85	3.74	$3,127
Oct 2013	0	0	97.42	3.78	$0
Sep 2013	2	2	104.11	3.72	$216
Aug 2013	0	169	104.25	3.52	$595
Jul 2013	1	165	102.52	3.72	$716
Jun 2013	0	67	94.40	3.93	$264
May 2013	0	269	94.83	4.15	$1,116
Apr 2013	0	399	93.96	4.28	$1,709
Mar 2013	0	383	93.62	3.91	$1,499
Feb 2013	195	535	91.23	3.42	$19,620
Jan 2013	0	1,084	91.60	3.42	$3,707
Dec 2012	0	1,722	86.77	3.42	$5,890
Nov 2012	1	1,149	86.95	3.62	$4,252
Oct 2012	1	1,651	89.38	3.40	$5,702
Sep 2012	0	1,598	94.67	2.92	$4,664
Aug 2012	0	1,177	92.66	2.91	$3,423
Jul 2012	0	1,028	85.13	3.02	$3,105
Jun 2012	165	838	79.82	2.52	$15,281
May 2012	1	1,584	91.61	2.49	$4,033
Apr 2012	0	1,814	101.65	2.00	$3,622
Mar 2012	1	1,657	105.05	2.22	$3,787
Feb 2012	0	1,292	101.10	2.57	$3,321
Jan 2012	1	1,874	98.09	2.73	$5,222
Dec 2011	3	1,611	96.87	3.24	$5,510
Nov 2011	0	2,091	95.72	3.31	$6,924
Oct 2011	0	949	84.98	3.65	$3,462
Sep 2011	0	746	83.62	3.99	$2,973
Aug 2011	0	908	83.40	4.15	$3,768
Jul 2011	166	970	94.14	4.52	$20,009
Jun 2011	1	1,163	92.90	4.64	$5,489
May 2011	1	1,158	98.13	4.40	$5,199
Apr 2011	0	1,453	105.96	4.33	$6,296
Mar 2011	0	1,181	96.36	4.06	$4,792
Feb 2011	2	1,552	85.64	4.18	$6,659
Jan 2011	1	1,430	86.50	4.59	$6,648
Dec 2010	0	1,972	85.73	4.35	$8,574
Nov 2010	0	1,409	80.84	3.80	$5,348
Oct 2010	176	1,805	78.10	3.51	$20,079
Sep 2010	0	1,404	72.63	3.98	$5,587
Aug 2010	0	1,504	73.68	4.42	$6,647
Jul 2010	0	1,585	72.55	4.74	$7,507
Jun 2010	0	2,194	70.36	4.91	$10,773
May 2010	0	2,145	71.12	4.24	$9,085
Apr 2010	0	1,681	81.69	4.12	$6,930
Mar 2010	179	2,220	78.39	4.39	$23,775
Feb 2010	0	2,151	73.58	5.44	$11,707
Jan 2010	1	1,537	74.36	5.96	$9,241
Dec 2009	0	1,122	71.44	5.48	$6,153
Nov 2009	1	2,380	74.59	3.75	$9,003
Oct 2009	1	2,308	72.54	4.11	$9,559
Sep 2009	1	2,337	65.54	3.06	$7,228
Aug 2009	0	565	67.42	3.22	$1,818
Jul 2009	0	770	61.13	3.46	$2,668
Jun 2009	0	1,342	66.16	3.90	$5,227
May 2009	168	1,831	54.74	3.93	$16,384
Apr 2009	2	1,593	46.77	3.59	$5,808
Mar 2009	0	1,787	42.14	4.06	$7,253
Feb 2009	0	2,097	32.81	4.63	$9,715
Jan 2009	0	2,719	35.86	5.37	$14,604
Dec 2008	169	2,592	37.10	5.98	$21,763
Nov 2008	0	1,606	55.49	6.86	$11,018
Oct 2008	1	1,921	75.24	6.92	$13,372
Sep 2008	0	1,972	101.76	7.88	$15,534
Aug 2008	0	2,658	114.22	8.48	$22,548
Jul 2008	0	3,705	131.08	11.39	$42,198
Jun 2008	0	0	131.33	13.03	$0
May 2008	0	0	123.17	11.57	$0
Apr 2008	0	0	110.31	10.45	$0
Mar 2008	0	0	101.90	9.66	$0
Feb 2008	0	0	92.53	8.77	$0
Jan 2008	0	0	90.38	8.21	$0
Dec 2007	174	913	88.33	7.30	$22,036
Nov 2007	0	1,612	91.67	7.29	$11,754
Oct 2007	0	1,893	82.85	6.92	$13,103
Sep 2007	0	1,674	75.84	6.24	$10,453
Aug 2007	0	1,570	69.06	6.39	$10,029
Jul 2007	0	1,887	70.90	6.39	$12,054
Jun 2007	0	2,007	62.00	7.55	$15,150
May 2007	178	1,651	58.74	7.85	$23,410
Apr 2007	0	1,395	59.61	7.81	$10,888
Mar 2007	0	23	56.92	7.30	$168
Feb 2007	0	1,849	55.10	8.22	$15,191
Jan 2007	0	1,632	50.30	6.73	$10,978
Dec 2006	181	1,856	56.65	6.92	$23,094
Nov 2006	0	2,026	54.20	7.62	$15,433
Oct 2006	0	1,784	54.90	6.01	$10,729
Sep 2006	0	3,156	60.08	5.04	$15,897
Aug 2006	0	2,429	68.71	7.34	$17,829
Jul 2006	0	1,681	69.37	6.34	$10,662
Jun 2006	0	2,280	66.28	6.38	$14,555
May 2006	181	1,916	66.01	6.42	$24,258
Apr 2006	0	2,332	64.39	7.36	$17,165
Mar 2006	0	2,675	56.70	7.08	$18,947
Feb 2006	0	1,765	57.59	7.75	$13,681
Jan 2006	170	1,949	60.59	8.93	$27,711
Dec 2005	0	2,912	54.94	13.42	$39,066
Nov 2005	0	2,545	54.69	10.59	$26,947
Oct 2005	0	1,932	58.34	13.80	$26,653
Sep 2005	0	2,190	61.45	12.08	$26,453
Aug 2005	0	2,392	61.51	9.80	$23,434
Jul 2005	0	1,217	55.69	7.84	$9,546
Jun 2005	166	2,039	52.33	7.38	$23,737
May 2005	0	2,445	45.22	6.65	$16,262
Apr 2005	0	2,259	49.20	7.36	$16,627
Mar 2005	0	2,632	50.37	7.15	$18,832
Feb 2005	167	2,242	45.22	6.31	$21,703
Jan 2005	0	2,917	43.16	6.32	$18,442
Dec 2004	0	2,087	39.86	6.75	$14,090
Nov 2004	0	1,471	45.28	6.33	$9,312
Oct 2004	0	2,734	49.70	6.52	$17,812
Sep 2004	159	2,123	43.24	5.28	$18,093
Aug 2004	0	3,907	42.37	5.55	$21,686
Jul 2004	173	3,925	38.28	6.08	$30,503
Jun 2004	0	3,938	36.10	6.43	$25,333
May 2004	0	4,126	37.48	6.49	$26,797
Apr 2004	171	3,948	34.47	5.86	$29,024
Mar 2004	0	4,289	34.36	5.53	$23,719
Feb 2004	174	3,328	32.45	5.51	$23,982
Jan 2004	0	3,898	32.03	6.30	$24,556
Dec 2003	0	3,882	30.26	6.30	$24,463
Nov 2003	171	4,087	28.80	4.60	$23,705
Oct 2003	0	4,411	28.17	4.76	$20,995
Sep 2003	0	4,747	26.31	4.75	$22,545
Aug 2003	180	5,145	29.76	5.13	$31,749
Jul 2003	0	5,515	29.41	5.17	$28,517
Jun 2003	177	5,524	28.56	5.98	$38,105
May 2003	0	6,248	26.59	5.97	$37,317
Apr 2003	0	6,431	26.67	5.41	$34,774
Mar 2003	355	7,136	31.14	6.10	$54,556
Feb 2003	0	7,386	33.48	7.93	$58,541
Jan 2003	0	9,725	30.31	5.58	$54,285
Dec 2002	0	4,341	26.91	4.85	$21,070
Nov 2002	0	0	24.66	4.14	$0
Oct 2002	0	0	26.46	4.23	$0
Sep 2002	0	122	27.44	3.64	$443
Aug 2002	0	1,705	25.96	3.16	$5,395

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.

Oct 2015 — as filed, then multipliedworked

Condensate           255 bbl  × $ 43.55 =    $11,105
Gas                    0 Mcf  × $  2.43 =         $0

────────────────────────────────────────────────────
Month total                                  $11,105

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/193257 is the state's own key, not one this site invented.