SPM A-2

Operated by LINN OPERATING, INC. (P-5 501545) in the DOUBLE A WELLS, N (AUSTIN CHALK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 242932District 03Field 256461002 tax incentive programmesCondensateGasSaveExport
Value, all time
$347 k
Dec 2007 – Dec 2015
Value, last 12 filed months
$3 k
at the published price for each month
Months reported
97
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 54 leases and 54 wells, and the rule below applies to all of them.

Discovered
2006-01-14
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2013-12-01.

The Commission's schedule remark for this field reads: PSEUDO RULES TO ACCOMMODATE HORIZONTAL WELLS.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112010-12-28192025
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
CondensateDisposition3,152 bbl$235,601
GasProduction23,520 Mcf$111,019
Total$346,620

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 30.8270, -94.7460. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.82704, -94.74597 · 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
0.0%
0 of 1 wells
Median depth
12,793 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
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 12,793 ft.

Completions filed
Jan 2008
1 of 1 wells

1 well

42-373310901H12,793 ftJan 2008Yes

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 (97)

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

97 months

Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 201582040.162.87$3,293
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
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 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130894.403.93$31
May 201302294.834.15$91
Apr 201302293.964.28$94
Mar 20131792093.623.91$16,836
Feb 201301991.233.42$65
Jan 201302491.603.42$82
Dec 201202586.773.42$86
Nov 201202286.953.62$80
Oct 2012018689.383.40$632
Sep 2012018094.672.92$525
Aug 2012018692.662.91$541
Jul 201217818685.133.02$15,715
Jun 2012018079.822.52$453
May 2012022591.612.49$560
Apr 20120196101.652.00$391
Mar 20120317105.052.22$704
Feb 20120192101.102.57$493
Jan 2012019298.092.73$525
Dec 201118642296.873.24$19,385
Nov 2011018695.723.31$616
Oct 2011074684.983.65$2,722
Sep 2011044083.623.99$1,754
Aug 201118773683.404.15$18,650
Jul 2011074094.144.52$3,343
Jun 2011060992.904.64$2,826
May 2011066698.134.40$2,934
Apr 20110633105.964.33$2,743
Mar 201118549296.364.06$19,823
Feb 2011057185.644.18$2,387
Jan 2011046486.504.59$2,129
Dec 2010067085.734.35$2,913
Nov 2010077980.843.80$2,957
Oct 2010048378.103.51$1,695
Sep 2010028872.633.98$1,146
Aug 2010035773.684.42$1,578
Jul 201019134472.554.74$15,486
Jun 2010025170.364.91$1,233
May 2010039571.124.24$1,673
Apr 2010033381.694.12$1,373
Mar 2010021678.394.39$948
Feb 2010024273.585.44$1,317
Jan 2010041974.365.96$2,499
Dec 200919820071.445.48$15,242
Nov 200908874.593.75$330
Oct 2009023172.544.11$949
Sep 2009063465.543.06$1,943
Aug 200918847567.423.22$14,204
Jul 2009044661.133.46$1,545
Jun 2009043366.163.90$1,687
May 200919332254.743.93$11,829
Apr 2009039846.773.59$1,428
Mar 200942035742.144.06$19,148
Feb 2009026532.814.63$1,228
Jan 2009042335.865.37$2,272
Dec 200801,22337.105.98$7,310
Nov 200801,07655.496.86$7,382
Oct 200839995875.246.92$36,652
Sep 20080398101.767.88$3,135
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 200801,19190.388.21$9,773
Dec 200756671888.337.30$55,238

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            82 bbl  × $ 40.16 =     $3,293
Gas                    0 Mcf  × $  2.87 =         $0

────────────────────────────────────────────────────
Month total                                   $3,293

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/242932 is the state's own key, not one this site invented.