LEXY

Operated by FORTUNE RESOURCES LLC (P-5 278755) in the B U RANCH (MARGINULINA 5300) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 200565District 03Field 04863310CondensateGasSaveExport
Value, all time
$4.5 M
Mar 2004 – Aug 2013
Value, last 12 filed months
$0
at the published price for each month
Months reported
114
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
1950-12-29
as the register files it
Field class
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: AOF-1 AND AOF-2 EFFECTIVE 07/01/2007.

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
CondensateDisposition517 bbl$39,269
GasProduction589,338 Mcf$4,436,285
Total$4,475,554

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 29.2023, -96.1439. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.20231, -96.14388 · 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
7,000 ft
1 wells filed one
Completion to plug
9.1 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 7,000 ft.

Completions filed
Jul 2004
1 of 1 wells
Plug dates filed
Aug 2013
1 of 1 wells

Last completion to plug: a median of 9.1 years across the 1 well that filed both dates, with the middle half between 9.1 years and 9.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4813460717,000 ftJul 2004Aug 2013Yes

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 (114)

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

114 months

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 2011077196.364.06$3,128
Feb 2011035585.644.18$1,484
Jan 2011012786.504.59$583
Dec 201012413685.734.35$11,222
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 201011212373.684.42$8,796
Jul 20102813072.554.74$20,529
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 201005081.694.12$206
Mar 20100278.394.39$9
Feb 201001,32573.585.44$7,211
Jan 201003,55674.365.96$21,208
Dec 200905,35371.445.48$29,355
Nov 200902,31074.593.75$8,666
Oct 2009032272.544.11$1,324
Sep 200903,00565.543.06$9,210
Aug 200904,10767.423.22$13,218
Jul 200904,27661.133.46$14,814
Jun 200904,43366.163.90$17,267
May 200905,57854.743.93$21,898
Apr 200904,02546.773.59$14,440
Mar 200908,00442.144.06$32,488
Feb 200907,28632.814.63$33,756
Jan 200907,83035.865.37$42,055
Dec 200807,77737.105.98$46,484
Nov 200807,44655.496.86$51,082
Oct 200807,96475.246.92$55,127
Sep 200808,016101.767.88$63,143
Aug 200808,299114.228.48$70,401
Jul 200808,181131.0811.39$93,177
Jun 200808,353131.3313.03$108,862
May 200808,426123.1711.57$97,525
Apr 200808,003110.3110.45$83,670
Mar 200808,156101.909.66$78,820
Feb 200807,56592.538.77$66,349
Jan 200807,84890.388.21$64,399
Dec 200708,03488.337.30$58,664
Nov 200707,55691.677.29$55,096
Oct 200707,68382.856.92$53,182
Sep 200707,52575.846.24$46,987
Aug 200707,83569.066.39$50,050
Jul 200707,92270.906.39$50,605
Jun 200708,61662.007.55$65,037
May 2007010,01858.747.85$78,604
Apr 200709,35759.617.81$73,033
Mar 200708,53256.927.30$62,300
Feb 200707,34555.108.22$60,347
Jan 200708,23250.306.73$55,375
Dec 200608,12956.656.92$56,240
Nov 200608,00854.207.62$61,001
Oct 200608,64654.906.01$51,995
Sep 200609,59060.085.04$48,307
Aug 2006011,68368.717.34$85,752
Jul 200609,75669.376.34$61,880
Jun 200609,55866.286.38$61,017
May 2006010,85766.016.42$69,756
Apr 200609,99064.397.36$73,531
Mar 200609,35656.707.08$66,268
Feb 200609,62057.597.75$74,566
Jan 2006010,58560.598.93$94,559
Dec 200509,28254.9413.42$124,522
Nov 2005012,26454.6910.59$129,856
Oct 2005012,68358.3413.80$174,972
Sep 2005012,73361.4512.08$153,802
Aug 2005018,03861.519.80$176,715
Jul 2005016,10055.697.84$126,283
Jun 2005016,10052.337.38$118,835
May 2005013,14245.226.65$87,410
Apr 2005012,44249.207.36$91,579
Mar 200509,79450.377.15$70,075
Feb 200508,07045.226.31$50,937
Jan 200508,07043.166.32$51,020
Dec 200408,93439.866.75$60,314
Nov 200409,05145.286.33$57,297
Oct 2004025,40949.706.52$165,542
Sep 2004010,63943.245.28$56,215
Aug 2004010,63942.375.55$59,053
Jul 200402,47738.286.08$15,071
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$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.

Mar 2011 — as filed, then multipliedworked
Condensate             0 bbl  × $ 96.36 =         $0
Gas                  771 Mcf  × $  4.06 =     $3,128

────────────────────────────────────────────────────
Month total                                   $3,128

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/200565 is the state's own key, not one this site invented.