TOWNSEND-UNDERWOOD

Operated by LONE OAK ENERGY INC (P-5 506578) in the SUBLIME (8500) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 196981District 03Field 86862700CondensateGasSaveExport
Value, all time
$364 k
Jul 2003 – Apr 2015
Value, last 12 filed months
$0
at the published price for each month
Months reported
142
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 5 leases and 5 wells, and the rule below applies to all of them.

Discovered
1950-12-13
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

The Commission's schedule remark for this field reads: FOR THIS ZONE.

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
CondensateDisposition959 bbl$45,111
GasProduction59,982 Mcf$319,140
Total$364,251

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 29.5092, -96.7164. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.50921, -96.71643 · 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
10,615 ft
1 wells filed one
Completion to plug
21.6 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 10,615 ft.

Completions filed
Jul 2003
1 of 1 wells
Plug dates filed
Feb 2025
1 of 1 wells

Last completion to plug: a median of 21.6 years across the 1 well that filed both dates, with the middle half between 21.6 years and 21.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-089318752A10,615 ftJul 2003Feb 2025Yes

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 (142)

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

142 months

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 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 2013570104.253.52$5,942
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 201206101.652.00$12
Mar 2012057105.052.22$127
Feb 2012017101.102.57$44
Jan 20121345598.092.73$13,294
Dec 2011067196.873.24$2,174
Nov 2011048795.723.31$1,613
Oct 2011023984.983.65$872
Sep 2011042783.623.99$1,702
Aug 2011035783.404.15$1,481
Jul 2011094994.144.52$4,287
Jun 20110292.904.64$9
May 2011059198.134.40$2,603
Apr 20110684105.964.33$2,964
Mar 201101,63896.364.06$6,646
Feb 201101,81985.644.18$7,603
Jan 201102,74186.504.59$12,578
Dec 201001,39485.734.35$6,061
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 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060769.376.34$44
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 2005083452.337.38$6,156
May 2005085845.226.65$5,707
Apr 2005079849.207.36$5,874
Mar 2005089950.377.15$6,432
Feb 200501,02345.226.31$6,457
Jan 200501,24343.166.32$7,858
Dec 20041671,14239.866.75$14,366
Nov 200401,13545.286.33$7,185
Oct 200401,08149.706.52$7,043
Sep 200401,40943.245.28$7,445
Aug 200401,84242.375.55$10,224
Jul 20041682,02138.286.08$18,727
Jun 200401,91836.106.43$12,339
May 200401,48337.486.49$9,631
Apr 200401,32734.475.86$7,774
Mar 200401,24134.365.53$6,863
Feb 200401,18232.455.51$6,512
Jan 200401,12332.036.30$7,075
Dec 20033541,19330.266.30$18,230
Nov 200302,08628.804.60$9,586
Oct 2003793,45728.174.76$18,680
Sep 200303,77726.314.75$17,938
Aug 200306,69529.765.13$34,343
Jul 200308,07429.415.17$41,749

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.

Aug 2013 — as filed, then multipliedworked
Condensate            57 bbl  × $104.25 =     $5,942
Gas                    0 Mcf  × $  3.52 =         $0

────────────────────────────────────────────────────
Month total                                   $5,942

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/196981 is the state's own key, not one this site invented.