LISA UNIT

Operated by U. S. OPERATING, INC. (P-5 875431) in the GIDDINGS (AUSTIN CHALK, GAS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 82074District 03Field 34773550NGPA filingCondensateGasSaveExport
Value, all time
$863 k
Jan 1993 – Jul 2004
Value, last 12 filed months
$0
at the published price for each month
Months reported
139
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 1,061 leases and 1,061 wells, and the rule below applies to all of them.

Discovered
1978-08-01
as the register files it
Field class
Gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2018-10-16.

The Commission's schedule remark for this field reads: AMENDED DRILLING PERMITS, NOTICE, OR HEARING.

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
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
CondensateDisposition16,561 bbl$346,283
GasProduction355,815 Mcf$516,830
Total$863,113

163,903 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 30.2999, -96.7478. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.29994, -96.74778 · 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
8,558 ft
1 wells filed one
Completion to plug
12.2 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 8,558 ft.

Completions filed
Jul 2004
1 of 1 wells
Plug dates filed
Sep 2016
1 of 1 wells

Last completion to plug: a median of 12.2 years across the 1 well that filed both dates, with the middle half between 12.2 years and 12.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2873041018,558 ftJul 2004Sep 2016Yes

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 (139)

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

139 months

Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 200175018.072.41$1,355
Oct 20010019.782.53$0
Sep 2001193024.262.25$4,682
Aug 200107524.873.05$229
Jul 2001016523.933.20$528
Jun 20011024.563.82$25
May 2001174625.524.31$3,239
Apr 200119257024.685.34$7,780
Mar 20010624.545.38$32
Feb 2001024127.755.77$1,390
Jan 200101,41827.478.40$11,909
Dec 20001951,31026.889.12$17,192
Nov 2000080932.215.66$4,577
Oct 2000081931.235.15$4,214
Sep 200001,13631.875.19$5,892
Aug 2000076529.644.54$3,474
Jul 20001301,19728.534.09$8,604
Jun 200001,17529.304.40$5,167
May 200001,13427.263.68$4,173
Apr 2000076624.513.12$2,387
Mar 200001,30028.422.86$3,718
Feb 20001891,05027.622.73$8,083
Jan 200001,91625.272.48$4,753
Dec 199903,09824.282.42$7,509
Nov 19991894,42623.192.43$15,156
Oct 199906,41520.982.80$17,986
Sep 19993655,54221.752.62$22,452
Aug 199901,61319.262.88$4,638
Jul 1999075917.892.37$1,801
Jun 199901,14415.942.36$2,702
May 199901,01015.792.32$2,344
Apr 1999030715.102.21$678
Mar 1999049912.471.84$917
Feb 199901879.981.82$340
Jan 199901010.381.90$19
Dec 1998158359.201.77$1,516
Nov 199802910.892.19$63
Oct 1998011012.421.97$217
Sep 1998012912.592.08$269
Aug 1998034911.301.91$666
Jul 1998091611.742.24$2,049
Jun 199803,87311.242.24$8,665
May 19981783,42412.622.21$9,801
Apr 199803,34913.042.51$8,390
Mar 19981854,70112.802.31$13,225
Feb 199804,72413.952.30$10,861
Jan 19981715,00014.702.15$13,288
Dec 19971815,72516.322.41$16,757
Nov 19971726,11418.193.09$22,010
Oct 19971746,96719.253.15$25,294
Sep 19971837,94117.742.95$26,711
Aug 19971808,83917.862.55$25,796
Jul 19973559,81317.582.25$28,290
Jun 199753111,40217.242.26$34,891
May 199753811,40218.972.31$36,527
Apr 19971,11012,03317.882.08$44,909
Mar 19971,30113,92518.951.94$51,656
Feb 199793613,12520.492.21$48,131
Jan 19971,44816,37923.483.54$91,976
Dec 19961,67419,04223.32$39,038
Nov 19961,88221,41621.97$41,348
Oct 19962,75919,76223.31$64,312
Sep 19961982,15222.22$4,400
Aug 199602,06120.26$0
Jul 199602,19319.55$0
Jun 199601,95818.73$0
May 199602,11519.43$0
Apr 199602,07721.51$0
Mar 199602,17019.38$0
Feb 199602,10616.98$0
Jan 199602,38417.07$0
Dec 199502,21117.19$0
Nov 199501,98716.00$0
Oct 199502,61415.43$0
Sep 199502,51816.18$0
Aug 199501,59015.92$0
Jul 199502,31715.24$0
Jun 19951762,38716.41$2,888
May 199502,04517.56$0
Apr 199502,31917.73$0
Mar 199502,26416.44$0
Feb 199502,10416.58$0
Jan 199502,22415.92$0
Dec 199402,18515.03$0
Nov 199402,10215.90$0
Oct 199402,67415.58$0
Sep 199401,57315.29$0
Aug 199402,36416.13$0
Jul 19941842,24417.56$3,231
Jun 199402,30617.09$0
May 199401,91315.88$0
Apr 199401,66114.14$0
Mar 199402,24212.46$0
Feb 199401,76312.50$0
Jan 199402,07912.66$0
Dec 199302,28812.33$0
Nov 199302,06114.49$0
Oct 199302,62115.85$0
Sep 199302,52115.03$0
Aug 199302,92915.66$0
Jul 199302,97615.46$0
Jun 19933572,82016.79$5,994
May 199303,07217.68$0
Apr 199302,59418.05$0
Mar 199303,01818.14$0
Feb 199302,78017.90$0
Jan 199303,10116.93$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.

Nov 2001 — as filed, then multipliedworked
Condensate            75 bbl  × $ 18.07 =     $1,355
Gas                    0 Mcf  × $  2.41 =         $0

────────────────────────────────────────────────────
Month total                                   $1,355

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/82074 is the state's own key, not one this site invented.