LAIDACKER UNIT

Name: LAIDACKER UNIT lease production and value, Sep 2003 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by MAGNUM PRODUCING, LP (P-5 521516) in the HULL SOUTH (COOK MTN. 9700) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 197368District 03Field 43385250CondensateGasSave Export

Value, all time

$16.8 M

Sep 2003 – May 2018

Value, last 12 filed months

at the published price for each month

Months reported

177

no gaps in the span

Streams

condensate, gas

The HULL SOUTH (COOK MTN. 9700) 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 8 leases and 8 wells, and the rule below applies to all of them.

Discovered

1976-03-14

as the register files it

Field class

Gas

the register's own label

Between wells

933 ft

minimum

From a lease line

467 ft

minimum

A drilling unit in this field needs at least 40 acres.

The Commission's schedule remark for this field reads: “AND FIELD BALANCED.”

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	27,721 bbl	$1,210,416
Gas	Production	2,649,398 Mcf	$15,629,480
Total			$16,839,896

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 30.0756, -94.6439. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.07565, -94.64392 · 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

10,150 ft

1 wells filed one

Completion to plug

14.7 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 10,150 ft.

Completions filed

Sep 2003

1 of 1 wells

Plug dates filed

May 2018

1 of 1 wells

Last completion to plug: a median of 14.7 years across the 1 well that filed both dates, with the middle half between 14.7 years and 14.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-29132481	1	10,150 ft	Sep 2003	May 2018	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 (177)

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

177 months


May 2018	0	0	65.38	2.90	$0
Apr 2018	0	0	63.84	2.90	$0
Mar 2018	0	0	61.22	2.79	$0
Feb 2018	0	0	61.78	2.77	$0
Jan 2018	0	0	62.87	4.01	$0
Dec 2017	0	0	57.27	2.92	$0
Nov 2017	0	0	55.42	3.12	$0
Oct 2017	0	0	49.29	2.98	$0
Sep 2017	0	0	47.52	3.09	$0
Aug 2017	0	0	45.37	3.00	$0
Jul 2017	0	0	43.87	3.09	$0
Jun 2017	0	0	42.49	3.09	$0
May 2017	0	0	45.37	3.26	$0
Apr 2017	0	0	47.93	3.21	$0
Mar 2017	0	0	46.77	2.98	$0
Feb 2017	0	0	50.45	2.95	$0
Jan 2017	0	0	49.41	3.42	$0
Dec 2016	0	0	48.76	3.72	$0
Nov 2016	0	0	42.49	2.64	$0
Oct 2016	0	0	46.19	3.09	$0
Sep 2016	0	0	41.55	3.10	$0
Aug 2016	0	0	41.44	2.92	$0
Jul 2016	0	0	41.62	2.92	$0
Jun 2016	0	0	45.35	2.69	$0
May 2016	0	0	42.52	1.99	$0
Apr 2016	0	0	36.56	1.99	$0
Mar 2016	0	0	33.01	1.79	$0
Feb 2016	0	0	26.47	2.06	$0
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	0	0	43.55	2.43	$0
Sep 2015	0	0	42.99	2.76	$0
Aug 2015	0	0	40.16	2.87	$0
Jul 2015	0	0	48.15	2.95	$0
Jun 2015	0	0	56.15	2.88	$0
May 2015	0	0	55.21	2.96	$0
Apr 2015	0	0	49.82	2.71	$0
Mar 2015	0	0	42.89	2.93	$0
Feb 2015	0	0	44.66	2.98	$0
Jan 2015	195	0	43.43	3.10	$8,469
Dec 2014	0	0	54.69	3.59	$0
Nov 2014	0	0	70.46	4.25	$0
Oct 2014	0	919	78.30	3.90	$3,585
Sep 2014	0	822	86.16	4.05	$3,325
Aug 2014	0	2,048	89.39	4.04	$8,264
Jul 2014	0	2,467	96.56	4.18	$10,311
Jun 2014	0	3,371	98.16	4.74	$15,968
May 2014	0	3,039	94.73	4.73	$14,364
Apr 2014	182	3,109	95.94	4.81	$32,413
Mar 2014	0	2,130	95.89	5.06	$10,771
Feb 2014	0	0	97.40	6.19	$0
Jan 2014	0	0	90.40	4.86	$0
Dec 2013	0	0	91.82	4.35	$0
Nov 2013	0	943	88.85	3.74	$3,525
Oct 2013	188	1,809	97.42	3.78	$25,152
Sep 2013	0	1,540	104.11	3.72	$5,725
Aug 2013	0	1,922	104.25	3.52	$6,770
Jul 2013	0	2,208	102.52	3.72	$8,209
Jun 2013	0	1,960	94.40	3.93	$7,709
May 2013	0	1,925	94.83	4.15	$7,987
Apr 2013	197	1,934	93.96	4.28	$26,793
Mar 2013	0	638	93.62	3.91	$2,496
Feb 2013	0	1,874	91.23	3.42	$6,409
Jan 2013	0	2,941	91.60	3.42	$10,058
Dec 2012	0	2,650	86.77	3.42	$9,063
Nov 2012	208	2,716	86.95	3.62	$27,931
Oct 2012	0	2,586	89.38	3.40	$8,792
Sep 2012	0	2,442	94.67	2.92	$7,127
Aug 2012	0	2,869	92.66	2.91	$8,344
Jul 2012	191	3,447	85.13	3.02	$26,673
Jun 2012	0	3,736	79.82	2.52	$9,411
May 2012	0	1,712	91.61	2.49	$4,260
Apr 2012	0	3,890	101.65	2.00	$7,768
Mar 2012	0	4,481	105.05	2.22	$9,957
Feb 2012	194	3,360	101.10	2.57	$28,249
Jan 2012	0	4,860	98.09	2.73	$13,288
Dec 2011	0	5,548	96.87	3.24	$17,974
Nov 2011	188	5,563	95.72	3.31	$36,416
Oct 2011	0	6,266	84.98	3.65	$22,862
Sep 2011	0	5,779	83.62	3.99	$23,034
Aug 2011	176	3,704	83.40	4.15	$30,047
Jul 2011	0	1,086	94.14	4.52	$4,906
Jun 2011	192	181	92.90	4.64	$18,677
May 2011	0	7,861	98.13	4.40	$34,626
Apr 2011	194	7,938	105.96	4.33	$54,954
Mar 2011	0	9,061	96.36	4.06	$36,764
Feb 2011	198	10,207	85.64	4.18	$59,622
Jan 2011	0	11,337	86.50	4.59	$52,023
Dec 2010	0	12,029	85.73	4.35	$52,299
Nov 2010	0	4,852	80.84	3.80	$18,415
Oct 2010	0	0	78.10	3.51	$0
Sep 2010	0	0	72.63	3.98	$0
Aug 2010	0	0	73.68	4.42	$0
Jul 2010	0	0	72.55	4.74	$0
Jun 2010	0	0	70.36	4.91	$0
May 2010	0	0	71.12	4.24	$0
Apr 2010	0	0	81.69	4.12	$0
Mar 2010	0	0	78.39	4.39	$0
Feb 2010	0	0	73.58	5.44	$0
Jan 2010	0	0	74.36	5.96	$0
Dec 2009	0	0	71.44	5.48	$0
Nov 2009	0	0	74.59	3.75	$0
Oct 2009	0	0	72.54	4.11	$0
Sep 2009	0	0	65.54	3.06	$0
Aug 2009	0	0	67.42	3.22	$0
Jul 2009	0	0	61.13	3.46	$0
Jun 2009	0	0	66.16	3.90	$0
May 2009	0	0	54.74	3.93	$0
Apr 2009	0	0	46.77	3.59	$0
Mar 2009	0	0	42.14	4.06	$0
Feb 2009	0	704	32.81	4.63	$3,262
Jan 2009	188	661	35.86	5.37	$10,292
Dec 2008	0	883	37.10	5.98	$5,278
Nov 2008	0	1,250	55.49	6.86	$8,575
Oct 2008	0	1,191	75.24	6.92	$8,244
Sep 2008	0	1,076	101.76	7.88	$8,476
Aug 2008	0	1,813	114.22	8.48	$15,380
Jul 2008	0	1,865	131.08	11.39	$21,241
Jun 2008	0	1,905	131.33	13.03	$24,827
May 2008	0	1,419	123.17	11.57	$16,424
Apr 2008	0	1,304	110.31	10.45	$13,633
Mar 2008	195	1,970	101.90	9.66	$38,909
Feb 2008	0	5,737	92.53	8.77	$50,317
Jan 2008	0	5,258	90.38	8.21	$43,146
Dec 2007	194	5,745	88.33	7.30	$59,086
Nov 2007	193	5,060	91.67	7.29	$54,588
Oct 2007	0	5,119	82.85	6.92	$35,434
Sep 2007	0	6,096	75.84	6.24	$38,064
Aug 2007	0	5,950	69.06	6.39	$38,008
Jul 2007	192	8,403	70.90	6.39	$67,291
Jun 2007	165	7,895	62.00	7.55	$69,825
May 2007	0	6,069	58.74	7.85	$47,619
Apr 2007	0	7,790	59.61	7.81	$60,803
Mar 2007	191	9,782	56.92	7.30	$82,300
Feb 2007	196	8,962	55.10	8.22	$84,431
Jan 2007	195	10,794	50.30	6.73	$82,418
Dec 2006	193	11,368	56.65	6.92	$89,582
Nov 2006	191	10,686	54.20	7.62	$91,753
Oct 2006	0	9,979	54.90	6.01	$60,012
Sep 2006	187	12,303	60.08	5.04	$73,208
Aug 2006	332	11,071	68.71	7.34	$104,072
Jul 2006	332	12,862	69.37	6.34	$104,611
Jun 2006	0	12,139	66.28	6.38	$77,494
May 2006	192	13,786	66.01	6.42	$101,249
Apr 2006	173	12,979	64.39	7.36	$106,671
Mar 2006	376	10,349	56.70	7.08	$94,620
Feb 2006	0	11,176	57.59	7.75	$86,627
Jan 2006	186	13,490	60.59	8.93	$131,780
Dec 2005	378	13,593	54.94	13.42	$203,123
Nov 2005	193	17,245	54.69	10.59	$193,152
Oct 2005	195	18,012	58.34	13.80	$259,866
Sep 2005	187	13,761	61.45	12.08	$177,710
Aug 2005	186	19,536	61.51	9.80	$202,832
Jul 2005	178	22,144	55.69	7.84	$183,602
Jun 2005	375	18,686	52.33	7.38	$157,546
May 2005	358	27,013	45.22	6.65	$195,857
Apr 2005	372	30,855	49.20	7.36	$245,410
Mar 2005	175	33,146	50.37	7.15	$245,970
Feb 2005	576	30,154	45.22	6.31	$216,376
Jan 2005	0	33,299	43.16	6.32	$210,523
Dec 2004	370	36,083	39.86	6.75	$258,347
Nov 2004	548	35,884	45.28	6.33	$251,974
Oct 2004	178	42,170	49.70	6.52	$283,588
Sep 2004	311	45,711	43.24	5.28	$254,980
Aug 2004	510	51,217	42.37	5.55	$305,897
Jul 2004	587	60,030	38.28	6.08	$387,704
Jun 2004	584	64,882	36.10	6.43	$438,470
May 2004	584	79,018	37.48	6.49	$535,077
Apr 2004	745	91,834	34.47	5.86	$563,686
Mar 2004	748	112,336	34.36	5.53	$646,935
Feb 2004	901	130,486	32.45	5.51	$748,166
Jan 2004	1,727	185,043	32.03	6.30	$1,221,020
Dec 2003	2,174	285,296	30.26	6.30	$1,863,618
Nov 2003	3,459	386,767	28.80	4.60	$1,876,875
Oct 2003	4,948	339,369	28.17	4.76	$1,754,659
Sep 2003	0	1,179	26.31	4.75	$5,600

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 2015 — as filed, then multipliedworked

Condensate           195 bbl  × $ 43.43 =     $8,469
Gas                    0 Mcf  × $  3.10 =         $0

────────────────────────────────────────────────────
Month total                                   $8,469

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/197368 is the state's own key, not one this site invented.