LAKEWOOD GAS UNIT

Operated by PHOENIX HYDROCARBONS OPERATING (P-5 664125) in the CROSBY, WEST (Y-3) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 281268District 03Field 21830750CondensateGasSave
Value, all time
$4.1 M
Mar 2014 – Mar 2024
Value, last 12 filed months
$0
at the published price for each month
Months reported
121
no gaps in the span
Streams
2
condensate, gas

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
CondensateDisposition12,882 bbl$951,991
GasProduction858,076 Mcf$3,155,619
Total$4,107,610

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 29.9006, -95.1111. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.90058, -95.11113 · 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
9,675 ft
1 wells filed one
Completion to plug
8.3 years
median over 1 wells

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 9,675 ft.

Completions filed
Mar 2014
1 of 1 wells
Plug dates filed
Jul 2022
1 of 1 wells

Last completion to plug: a median of 8.3 years across the 1 well that filed both dates, with the middle half between 8.3 years and 8.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2013289019,675 ftMar 2014Jul 2022Yes

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 (121)

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

121 months

Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 202101171.323.90$43
Nov 20210877.435.24$42
Oct 20210079.795.71$0
Sep 20210669.865.35$32
Aug 20210366.024.22$13
Jul 202101270.783.98$48
Jun 20210569.493.38$17
May 202112863.483.02$148
Apr 202108360.362.76$229
Mar 202105861.302.72$158
Feb 20210057.805.55$0
Jan 2021025950.412.81$728
Dec 20201093744.642.68$2,953
Nov 2020101,45238.772.71$4,318
Oct 2020131,38136.972.48$3,903
Sep 2020121,20837.091.99$2,850
Aug 2020132,08839.982.39$5,500
Jul 202092,09238.371.83$4,163
Jun 2020989634.901.69$1,829
May 2020241,30916.921.81$2,782
Apr 2020131,13314.751.80$2,236
Mar 2020171,20730.341.86$2,756
Feb 2020201,15449.881.98$3,283
Jan 2020171,38657.252.09$3,877
Dec 2019231,64559.012.30$5,148
Nov 2019181,11755.302.75$4,068
Oct 2019181,07553.472.42$3,562
Sep 2019151,27955.052.66$4,224
Aug 2019301,51153.112.30$5,075
Jul 2019221,86556.272.46$5,826
Jun 2019241,93652.782.49$6,090
May 2019201,87658.482.74$6,310
Apr 2019261,99862.632.75$7,124
Mar 2019232,21556.803.06$8,089
Feb 2019251,83150.852.79$6,384
Jan 2019201,74446.033.23$6,551
Dec 2018252,08446.594.19$9,887
Nov 2018141,41252.934.24$6,724
Oct 2018142,03061.443.40$7,758
Sep 2018251,59759.543.11$6,452
Aug 2018211,52359.403.07$5,918
Jul 2018281,36265.142.93$5,817
Jun 2018201,48560.183.08$5,773
May 2018191,60865.382.90$5,907
Apr 2018161,53963.842.90$5,486
Mar 2018141,60861.222.79$5,338
Feb 2018151,22061.782.77$4,301
Jan 2018722362.874.01$1,334
Dec 20171435957.272.92$1,851
Nov 20171336555.423.12$1,859
Oct 20171711849.292.98$1,190
Sep 2017019847.523.09$611
Aug 20171415845.373.00$1,110
Jul 20174038343.873.09$2,937
Jun 2017102442.493.09$499
May 20171115645.373.26$1,008
Apr 201702247.933.21$71
Mar 2017022846.772.98$680
Feb 201705350.452.95$156
Jan 201721,05749.413.42$3,712
Dec 2016111,20348.763.72$5,015
Nov 20160042.492.64$0
Oct 201606446.193.09$198
Sep 2016382041.553.10$2,667
Aug 2016324441.442.92$838
Jul 2016132,27741.622.92$7,200
Jun 2016142,00145.352.69$6,009
May 2016448442.521.99$1,134
Apr 2016302,52136.561.99$6,116
Mar 2016313,08733.011.79$6,561
Feb 2016362,07026.472.06$5,225
Jan 2016985,94127.352.36$16,727
Dec 2015706,72232.362.00$15,719
Nov 201510611,33238.792.17$28,672
Oct 201515715,34443.552.43$44,071
Sep 201515618,12542.992.76$56,703
Aug 201525421,04240.162.87$70,644
Jul 201527520,77348.152.95$74,419
Jun 201530620,61356.152.88$76,606
May 201530622,04755.212.96$82,053
Apr 201542225,86649.822.71$91,032
Mar 201543931,36742.892.93$110,882
Feb 201545133,91044.662.98$121,064
Jan 201550341,04143.433.10$149,098
Dec 201476550,95954.693.59$224,850
Nov 201436347,24970.464.25$226,472
Oct 201458548,31478.303.90$234,276
Sep 201472652,56486.164.05$275,197
Aug 201492963,32789.394.04$338,575
Jul 20141,12267,48996.564.18$390,417
Jun 20141,27467,98298.164.74$447,078
May 20141,56570,38694.734.73$480,936
Apr 201496338,17195.944.81$275,959
Mar 20141315,12195.895.06$38,457

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.

Dec 2021 — as filed, then multipliedworked
Condensate             0 bbl  × $ 71.32 =         $0
Gas                   11 Mcf  × $  3.90 =        $43

────────────────────────────────────────────────────
Month total                                      $43

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/281268 is the state's own key, not one this site invented.