SHWAB-LOVELL

Operated by GREAT WESTERN DRILLING COMPANY (P-5 328780) in the EGYPT (7150) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 193683District 03Field 27807815CondensateGasSaveExport
Value, all time
$101 k
Feb 2003 – Mar 2014
Value, last 12 filed months
$2 k
at the published price for each month
Months reported
134
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 4 leases and 4 wells, and the rule below applies to all of them.

Discovered
1985-04-29
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.

StreamBasisVolumeValue
CondensateDisposition21 bbl$1,900
GasProduction13,667 Mcf$99,108
Total$101,007

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 29.3813, -96.2733. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.38131, -96.27328 · 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
100.0%
1 of 1 wells
Median depth
7,941 ft
1 wells filed one
Completion to plug
11.2 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 7,941 ft.

Completions filed
May 2001
1 of 1 wells
Plug dates filed
Jul 2012
1 of 1 wells

Last completion to plug: a median of 11.2 years across the 1 well that filed both dates, with the middle half between 11.2 years and 11.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4813430517,941 ftMay 2001Jul 2012Yes

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 (134)

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

134 months

Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 201420090.404.86$1,808
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 200701688.337.30$117
Nov 2007122891.677.29$1,754
Oct 2007018282.856.92$1,260
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 200709862.007.55$740
May 200708858.747.85$690
Apr 200703459.617.81$265
Mar 2007047956.927.30$3,498
Feb 2007028355.108.22$2,325
Jan 2007026250.306.73$1,762
Dec 2006021556.656.92$1,487
Nov 2006035054.207.62$2,666
Oct 2006016054.906.01$962
Sep 2006037760.085.04$1,899
Aug 200605468.717.34$396
Jul 2006034069.376.34$2,157
Jun 20060166.286.38$6
May 2006023966.016.42$1,536
Apr 20060064.397.36$0
Mar 2006019956.707.08$1,410
Feb 200606957.597.75$535
Jan 2006013760.598.93$1,224
Dec 2005028354.9413.42$3,797
Nov 2005044654.6910.59$4,722
Oct 2005054558.3413.80$7,519
Sep 2005024761.4512.08$2,984
Aug 2005043561.519.80$4,262
Jul 20050055.697.84$0
Jun 2005020852.337.38$1,535
May 2005028445.226.65$1,889
Apr 2005017049.207.36$1,251
Mar 2005029450.377.15$2,104
Feb 2005029045.226.31$1,830
Jan 2005024343.166.32$1,536
Dec 2004040739.866.75$2,748
Nov 2004022745.286.33$1,437
Oct 2004038549.706.52$2,508
Sep 200404543.245.28$238
Aug 2004024442.375.55$1,354
Jul 2004026438.286.08$1,606
Jun 2004029736.106.43$1,911
May 2004055637.486.49$3,611
Apr 2004023834.475.86$1,394
Mar 2004024134.365.53$1,333
Feb 2004039232.455.51$2,160
Jan 200401,03432.036.30$6,514
Dec 200308230.266.30$517
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 200304926.314.75$233
Aug 2003042629.765.13$2,185
Jul 200301729.415.17$88
Jun 2003040828.565.98$2,441
May 2003055726.595.97$3,327
Apr 2003032526.675.41$1,757
Mar 20030031.146.10$0
Feb 2003021733.487.93$1,720

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 2014 — as filed, then multipliedworked
Condensate            20 bbl  × $ 90.40 =     $1,808
Gas                    0 Mcf  × $  4.86 =         $0

────────────────────────────────────────────────────
Month total                                   $1,808

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/193683 is the state's own key, not one this site invented.