LEMM, LOWELL ET AL UNIT

Operated by HILCORP ENERGY COMPANY (P-5 386310) in the HITCHCOCK, NE. (FRIO 9100) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 98252District 03Field 41677250NGPA filingCondensateGasSaveExport
Value, all time
$66 k
Jan 1993 – Jun 1997
Value, last 12 filed months
$38 k
at the published price for each month
Months reported
54
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 23 leases and 23 wells, and the rule below applies to all of them.

Discovered
1957-09-22
as the register files it
Field class
Oil and gas
the register's own label
Between wells
2,100 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 320 acres. The field rule took effect on 1989-03-27.

The Commission's schedule remark for this field reads: PERMANENT RULES ADOPTED EFF. 3-27-89 PER DOCKET 3-90614

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
CondensateDisposition2,298 bbl$39,445
GasProduction205,283 Mcf$26,309
Total$65,755

194,430 Mcf of this lease's gas, across 32 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 29.3557, -94.9976. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.35567, -94.99761 · 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
9,266 ft
1 wells filed one
Completion to plug
16.3 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 9,266 ft.

Completions filed
Mar 1981
1 of 1 wells
Plug dates filed
Jun 1997
1 of 1 wells

Last completion to plug: a median of 16.3 years across the 1 well that filed both dates, with the middle half between 16.3 years and 16.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-1673077419,266 ftMar 1981Jun 1997Yes

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 (54)

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

54 months

Jun 19970017.242.26$0
May 19971754,48718.972.31$13,678
Apr 199701,08717.882.08$2,264
Mar 199701,87918.951.94$3,644
Feb 199701,49320.492.21$3,293
Jan 199701,90723.483.54$6,750
Dec 199635413,81123.32$8,255
Nov 199605,90521.97$0
Oct 19960023.31$0
Sep 19960022.22$0
Aug 19960020.26$0
Jul 19960019.55$0
Jun 19960018.73$0
May 19960019.43$0
Apr 19960021.51$0
Mar 19960019.38$0
Feb 19960016.98$0
Jan 19960017.07$0
Dec 19950017.19$0
Nov 19950016.00$0
Oct 19950015.43$0
Sep 19950016.18$0
Aug 199537015.92$589
Jul 19950715.24$0
Jun 1995055116.41$0
May 19950017.56$0
Apr 199503917.73$0
Mar 199502516.44$0
Feb 19951855016.58$3,067
Jan 199502,06915.92$0
Dec 199405,93815.03$0
Nov 19941388,94615.90$2,194
Oct 199403,98115.58$0
Sep 199404,55715.29$0
Aug 19941956,85416.13$3,145
Jul 19941647,45417.56$2,880
Jun 199406,67217.09$0
May 199407,50715.88$0
Apr 199408,47814.14$0
Mar 19941748,63512.46$2,168
Feb 199402,53412.50$0
Jan 199406,68512.66$0
Dec 19931616,74412.33$1,985
Nov 199306,24214.49$0
Oct 199303,12515.85$0
Sep 19931666,31715.03$2,495
Aug 1993283,52215.66$438
Jul 199317313,95415.46$2,675
Jun 1993012,87616.79$0
May 19931739,77917.68$3,059
Apr 199309,59118.05$0
Mar 19931758,17418.14$3,175
Feb 199307,37117.90$0
Jan 199306,03716.93$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.

May 1997 — as filed, then multipliedworked
Condensate           175 bbl  × $ 18.97 =     $3,320
Gas                4,487 Mcf  × $  2.31 =    $10,358

────────────────────────────────────────────────────
Month total                                  $13,678

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/98252 is the state's own key, not one this site invented.