LOCKWOOD & SHARP -B-

Name: LOCKWOOD & SHARP -B- lease production and value, Feb 2004 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by DENBURY ONSHORE, LLC (P-5 215343) in the THOMPSON field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 200361District 03Field 89525001CondensateGasSave Export

Value, all time

$4.3 M

Feb 2004 – Dec 2016

Value, last 12 filed months

at the published price for each month

Months reported

155

no gaps in the span

Streams

condensate, gas

The THOMPSON 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 94 leases and 557 wells, and the rule below applies to all of them.

Discovered

1921-12-31

as the register files it

Field class

Oil and gas

the register's own label

Between wells

0 ft

minimum

From a lease line

233 ft

minimum

A drilling unit in this field needs at least 10 acres. The field rule took effect on 2004-03-11.

The Commission's schedule remark for this field reads: “BE DESIGNATED AS THE THOMPSON FIELD.”

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	7,397 bbl	$597,114
Gas	Production	515,539 Mcf	$3,680,531
Total			$4,277,645

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 29.4534, -95.5866. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.45337, -95.58656 · 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

5,450 ft

1 wells filed one

Completion to plug

12.8 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 5,450 ft.

Completions filed

Feb 2004

1 of 1 wells

Plug dates filed

Dec 2016

1 of 1 wells

Last completion to plug: a median of 12.8 years across the 1 well that filed both dates, with the middle half between 12.8 years and 12.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-15730443	58	5,450 ft	Feb 2004	Dec 2016	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 (155)

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

155 months


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	3	0	40.16	2.87	$120
Jul 2015	115	3	48.15	2.95	$5,546
Jun 2015	0	0	56.15	2.88	$0
May 2015	169	19	55.21	2.96	$9,387
Apr 2015	170	39	49.82	2.71	$8,575
Mar 2015	346	29	42.89	2.93	$14,925
Feb 2015	174	49	44.66	2.98	$7,917
Jan 2015	351	44	43.43	3.10	$15,380
Dec 2014	158	41	54.69	3.59	$8,788
Nov 2014	34	56	70.46	4.25	$2,634
Oct 2014	105	46	78.30	3.90	$8,401
Sep 2014	165	61	86.16	4.05	$14,463
Aug 2014	0	255	89.39	4.04	$1,029
Jul 2014	169	101	96.56	4.18	$16,741
Jun 2014	0	57	98.16	4.74	$270
May 2014	171	49	94.73	4.73	$16,430
Apr 2014	169	94	95.94	4.81	$16,666
Mar 2014	168	58	95.89	5.06	$16,403
Feb 2014	0	14	97.40	6.19	$87
Jan 2014	512	14	90.40	4.86	$46,353
Dec 2013	338	13	91.82	4.35	$31,092
Nov 2013	174	13	88.85	3.74	$15,509
Oct 2013	167	7	97.42	3.78	$16,296
Sep 2013	171	16	104.11	3.72	$17,862
Aug 2013	170	29	104.25	3.52	$17,825
Jul 2013	0	63	102.52	3.72	$234
Jun 2013	85	116	94.40	3.93	$8,480
May 2013	161	117	94.83	4.15	$15,753
Apr 2013	0	35	93.96	4.28	$150
Mar 2013	284	117	93.62	3.91	$27,046
Feb 2013	98	70	91.23	3.42	$9,180
Jan 2013	398	166	91.60	3.42	$37,025
Dec 2012	79	153	86.77	3.42	$7,378
Nov 2012	181	107	86.95	3.62	$16,126
Oct 2012	139	147	89.38	3.40	$12,924
Sep 2012	0	180	94.67	2.92	$525
Aug 2012	65	257	92.66	2.91	$6,770
Jul 2012	59	268	85.13	3.02	$5,832
Jun 2012	0	226	79.82	2.52	$569
May 2012	0	282	91.61	2.49	$702
Apr 2012	44	220	101.65	2.00	$4,912
Mar 2012	41	90	105.05	2.22	$4,507
Feb 2012	81	626	101.10	2.57	$9,798
Jan 2012	37	685	98.09	2.73	$5,502
Dec 2011	94	1,046	96.87	3.24	$12,495
Nov 2011	114	1,194	95.72	3.31	$14,866
Oct 2011	33	1,298	84.98	3.65	$7,540
Sep 2011	35	1,234	83.62	3.99	$7,845
Aug 2011	0	1,126	83.40	4.15	$4,672
Jul 2011	0	1,022	94.14	4.52	$4,617
Jun 2011	0	1,266	92.90	4.64	$5,874
May 2011	29	1,142	98.13	4.40	$7,876
Apr 2011	17	55	105.96	4.33	$2,040
Mar 2011	57	975	96.36	4.06	$9,448
Feb 2011	37	1,332	85.64	4.18	$8,736
Jan 2011	61	1,976	86.50	4.59	$14,344
Dec 2010	14	1,355	85.73	4.35	$7,091
Nov 2010	53	712	80.84	3.80	$6,987
Oct 2010	28	1,353	78.10	3.51	$6,934
Sep 2010	34	1,354	72.63	3.98	$7,858
Aug 2010	35	986	73.68	4.42	$6,936
Jul 2010	0	972	72.55	4.74	$4,604
Jun 2010	30	782	70.36	4.91	$5,951
May 2010	30	775	71.12	4.24	$5,416
Apr 2010	20	752	81.69	4.12	$4,734
Mar 2010	39	1,091	78.39	4.39	$7,845
Feb 2010	16	879	73.58	5.44	$5,961
Jan 2010	44	1,347	74.36	5.96	$11,305
Dec 2009	25	2,095	71.44	5.48	$13,274
Nov 2009	23	795	74.59	3.75	$4,698
Oct 2009	22	1,673	72.54	4.11	$8,472
Sep 2009	0	1,022	65.54	3.06	$3,132
Aug 2009	28	825	67.42	3.22	$4,543
Jul 2009	0	777	61.13	3.46	$2,692
Jun 2009	18	829	66.16	3.90	$4,420
May 2009	0	1,412	54.74	3.93	$5,543
Apr 2009	34	633	46.77	3.59	$3,861
Mar 2009	24	1,400	42.14	4.06	$6,694
Feb 2009	46	1,290	32.81	4.63	$7,486
Jan 2009	30	1,917	35.86	5.37	$11,372
Dec 2008	47	1,639	37.10	5.98	$11,540
Nov 2008	28	702	55.49	6.86	$6,370
Oct 2008	35	1,902	75.24	6.92	$15,799
Sep 2008	49	1,242	101.76	7.88	$14,770
Aug 2008	27	2,103	114.22	8.48	$20,924
Jul 2008	30	882	131.08	11.39	$13,978
Jun 2008	0	1,217	131.33	13.03	$15,861
May 2008	11	741	123.17	11.57	$9,931
Apr 2008	30	553	110.31	10.45	$9,091
Mar 2008	19	2,281	101.90	9.66	$23,980
Feb 2008	35	890	92.53	8.77	$11,044
Jan 2008	20	3,133	90.38	8.21	$27,516
Dec 2007	16	1,679	88.33	7.30	$13,673
Nov 2007	49	2,379	91.67	7.29	$21,839
Oct 2007	0	2,084	82.85	6.92	$14,425
Sep 2007	35	3,162	75.84	6.24	$22,398
Aug 2007	0	1,981	69.06	6.39	$12,655
Jul 2007	47	2,933	70.90	6.39	$22,068
Jun 2007	0	1,050	62.00	7.55	$7,926
May 2007	82	4,129	58.74	7.85	$37,214
Apr 2007	0	2,562	59.61	7.81	$19,997
Mar 2007	2	1,157	56.92	7.30	$8,562
Feb 2007	14	18	55.10	8.22	$919
Jan 2007	0	1,192	50.30	6.73	$8,018
Dec 2006	0	3,133	56.65	6.92	$21,675
Nov 2006	0	4,909	54.20	7.62	$37,394
Oct 2006	0	3,692	54.90	6.01	$22,203
Sep 2006	0	5,135	60.08	5.04	$25,866
Aug 2006	0	6,697	68.71	7.34	$49,155
Jul 2006	0	6,332	69.37	6.34	$40,162
Jun 2006	0	5,927	66.28	6.38	$37,837
May 2006	0	8,716	66.01	6.42	$56,000
Apr 2006	0	8,151	64.39	7.36	$59,995
Mar 2006	0	9,035	56.70	7.08	$63,994
Feb 2006	0	8,673	57.59	7.75	$67,225
Jan 2006	0	8,953	60.59	8.93	$79,980
Dec 2005	0	10,507	54.94	13.42	$140,956
Nov 2005	0	11,485	54.69	10.59	$121,608
Oct 2005	0	13,082	58.34	13.80	$180,476
Sep 2005	0	12,413	61.45	12.08	$149,937
Aug 2005	0	15,481	61.51	9.80	$151,665
Jul 2005	0	16,994	55.69	7.84	$133,295
Jun 2005	0	14,170	52.33	7.38	$104,589
May 2005	0	18,729	45.22	6.65	$124,570
Apr 2005	0	18,544	49.20	7.36	$136,493
Mar 2005	0	20,894	50.37	7.15	$149,494
Feb 2005	0	19,556	45.22	6.31	$123,436
Jan 2005	0	22,174	43.16	6.32	$140,188
Dec 2004	0	20,875	39.86	6.75	$140,929
Nov 2004	0	20,765	45.28	6.33	$131,451
Oct 2004	0	16,907	49.70	6.52	$110,151
Sep 2004	0	15,635	43.24	5.28	$82,614
Aug 2004	0	16,331	42.37	5.55	$90,648
Jul 2004	0	13,666	38.28	6.08	$83,146
Jun 2004	0	15,479	36.10	6.43	$99,577
May 2004	0	12,773	37.48	6.49	$82,955
Apr 2004	0	10,297	34.47	5.86	$60,325
Mar 2004	0	12,094	34.36	5.53	$66,882
Feb 2004	0	0	32.45	5.51	$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.

Aug 2015 — as filed, then multipliedworked

Condensate             3 bbl  × $ 40.16 =       $120
Gas                    0 Mcf  × $  2.87 =         $0

────────────────────────────────────────────────────
Month total                                     $120

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/200361 is the state's own key, not one this site invented.