NE LARIO

Operated by SUE-ANN OPERATING, L.C. (P-5 828352) in the LARIO (10400) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 212364District 03Field 52080750CondensateGasSaveExport
Value, all time
$14.3 M
Jun 2005 – Feb 2011
Value, last 12 filed months
$60 k
at the published price for each month
Months reported
69
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
2005-06-20
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 12/01/2006.

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
CondensateDisposition12,851 bbl$772,124
GasProduction1,504,351 Mcf$13,546,233
Total$14,318,357

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 28.9192, -96.0724. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.91921, -96.07236 · 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
10,700 ft
1 wells filed one
Completion to plug
5.8 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 10,700 ft.

Completions filed
Jun 2005
1 of 1 wells
Plug dates filed
Mar 2011
1 of 1 wells

Last completion to plug: a median of 5.8 years across the 1 well that filed both dates, with the middle half between 5.8 years and 5.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-32132054110,700 ftJun 2005Mar 2011Yes

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 (69)

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

69 months

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 20104225473.684.42$4,217
Jul 201001,01272.554.74$4,793
Jun 20101736,23270.364.91$42,774
May 201001,13171.124.24$4,790
Apr 2010026781.694.12$1,101
Mar 2010059978.394.39$2,629
Feb 201001,34273.585.44$7,304
Jan 201001,73774.365.96$10,360
Dec 200902,14071.445.48$11,735
Nov 20091795,03474.593.75$32,237
Oct 200901,61172.544.11$6,622
Sep 200902,21665.543.06$6,791
Aug 200902,92067.423.22$9,398
Jul 200903,90661.133.46$13,532
Jun 200906,65966.163.90$25,937
May 20091695,63154.743.93$31,357
Apr 200902,94346.773.59$10,558
Mar 200908,62142.144.06$34,993
Feb 20091682,67232.814.63$17,891
Jan 200904,64035.865.37$24,921
Dec 200806,62937.105.98$39,622
Nov 200802,85555.496.86$19,586
Oct 20081785,26175.246.92$49,809
Sep 200806,399101.767.88$50,406
Aug 200809,206114.228.48$78,095
Jul 20081678,468131.0811.39$118,336
Jun 200804,466131.3313.03$58,204
May 2008010,336123.1711.57$119,632
Apr 200802,970110.3110.45$31,051
Mar 200803,389101.909.66$32,752
Feb 200803,67692.538.77$32,241
Jan 20081857,64790.388.21$79,470
Dec 200704,92188.337.30$35,933
Nov 200704,21291.677.29$30,713
Oct 200708,44682.856.92$58,463
Sep 200707,52675.846.24$46,994
Aug 20071779,78069.066.39$74,698
Jul 200709,85570.906.39$62,953
Jun 200717910,98662.007.55$94,025
May 2007012,28358.747.85$96,376
Apr 200716912,67959.617.81$109,036
Mar 200717715,22556.927.30$121,247
Feb 2007017,02155.108.22$139,845
Jan 200718016,16550.306.73$117,794
Dec 2006023,85456.656.92$165,032
Nov 200617626,13954.207.62$208,653
Oct 200617627,69154.906.01$176,191
Sep 200616825,14260.085.04$136,739
Aug 2006025,50068.717.34$187,168
Jul 200616831,71769.376.34$212,827
Jun 200617649,12566.286.38$325,273
May 200635267,20566.016.42$455,028
Apr 200635864,48964.397.36$497,722
Mar 2006716136,28356.707.08$1,005,879
Feb 2006905124,15657.597.75$1,014,467
Jan 20061,058137,18660.598.93$1,289,631
Dec 20051,443138,09154.9413.42$1,931,824
Nov 20051,787159,66854.6910.59$1,788,360
Oct 20052,152141,91358.3413.80$2,083,345
Sep 20051,07363,65061.4512.08$834,764
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 2005057452.337.38$4,237

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 2010 — as filed, then multipliedworked
Condensate            42 bbl  × $ 73.68 =     $3,095
Gas                  254 Mcf  × $  4.42 =     $1,123

────────────────────────────────────────────────────
Month total                                   $4,217

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/212364 is the state's own key, not one this site invented.