LEE -C-

Name: LEE -C- lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by ANADARKO E&P COMPANY LP (P-5 20542) in the KURTEN (BUDA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 19121District 03Field 50424500NGPA filingOilCasinghead gasSave Export

Value, all time

$429 k

Jan 1993 – Aug 2006

Value, last 12 filed months

at the published price for each month

Months reported

164

no gaps in the span

Streams

oil, casinghead gas

The KURTEN (BUDA) field

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 456 leases and 533 wells, and the rule below applies to all of them.

Discovered

1976-12-02

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 80 acres. The field rule took effect on 2015-03-24.

The Commission's schedule remark for this field reads: “ALLOCATION FORMULA SET TO 100 % ACRES.”

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.

Programme	Filings	With an approval date	Dated	Docket
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Oil	Disposition	21,688 bbl	$405,099
Casinghead gas	Production	18,918 Mcf	$24,113
Total			$429,212

10,641 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 30.6568, -96.5472. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.65679, -96.54721 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

7,752 ft

1 wells filed one

Completion to plug

17.1 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 7,752 ft.

Completions filed

May 1989

1 of 1 wells

Plug dates filed

Jun 2006

1 of 1 wells

Last completion to plug: a median of 17.1 years across the 1 well that filed both dates, with the middle half between 17.1 years and 17.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-04131358	1	7,752 ft	May 1989	Jun 2006	Yes

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 (164)

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

164 months


Aug 2006	0	0	68.71	7.34	$0
Jul 2006	0	0	69.37	6.34	$0
Jun 2006	0	0	66.28	6.38	$0
May 2006	0	0	66.01	6.42	$0
Apr 2006	0	0	64.39	7.36	$0
Mar 2006	0	0	56.70	7.08	$0
Feb 2006	0	0	57.59	7.75	$0
Jan 2006	0	0	60.59	8.93	$0
Dec 2005	0	0	54.94	13.42	$0
Nov 2005	0	0	54.69	10.59	$0
Oct 2005	0	0	58.34	13.80	$0
Sep 2005	0	0	61.45	12.08	$0
Aug 2005	0	0	61.51	9.80	$0
Jul 2005	0	0	55.69	7.84	$0
Jun 2005	0	0	52.33	7.38	$0
May 2005	0	0	45.22	6.65	$0
Apr 2005	0	0	49.20	7.36	$0
Mar 2005	0	0	50.37	7.15	$0
Feb 2005	0	0	45.22	6.31	$0
Jan 2005	0	0	43.16	6.32	$0
Dec 2004	0	0	39.86	6.75	$0
Nov 2004	0	0	45.28	6.33	$0
Oct 2004	0	0	49.70	6.52	$0
Sep 2004	0	0	43.24	5.28	$0
Aug 2004	0	0	42.37	5.55	$0
Jul 2004	0	0	38.28	6.08	$0
Jun 2004	0	0	36.10	6.43	$0
May 2004	0	0	37.48	6.49	$0
Apr 2004	0	0	34.47	5.86	$0
Mar 2004	0	0	34.36	5.53	$0
Feb 2004	0	0	32.45	5.51	$0
Jan 2004	36	0	32.03	6.30	$1,153
Dec 2003	84	0	30.26	6.30	$2,542
Nov 2003	0	0	28.80	4.60	$0
Oct 2003	0	0	28.17	4.76	$0
Sep 2003	0	0	26.31	4.75	$0
Aug 2003	0	14	29.76	5.13	$72
Jul 2003	0	11	29.41	5.17	$57
Jun 2003	362	30	28.56	5.98	$10,518
May 2003	0	35	26.59	5.97	$209
Apr 2003	0	28	26.67	5.41	$151
Mar 2003	0	8	31.14	6.10	$49
Feb 2003	0	43	33.48	7.93	$341
Jan 2003	0	0	30.31	5.58	$0
Dec 2002	0	43	26.91	4.85	$209
Nov 2002	177	68	24.66	4.14	$4,646
Oct 2002	0	51	26.46	4.23	$216
Sep 2002	178	58	27.44	3.64	$5,095
Aug 2002	178	83	25.96	3.16	$4,884
Jul 2002	0	75	24.58	3.06	$230
Jun 2002	178	58	23.73	3.34	$4,418
May 2002	178	99	24.66	3.58	$4,744
Apr 2002	178	63	23.65	3.51	$4,431
Mar 2002	178	64	22.00	3.10	$4,115
Feb 2002	180	93	18.22	2.38	$3,501
Jan 2002	181	125	17.17	2.38	$3,405
Dec 2001	0	4	16.93	2.36	$9
Nov 2001	0	24	18.07	2.41	$58
Oct 2001	190	90	19.78	2.53	$3,986
Sep 2001	183	83	24.26	2.25	$4,626
Aug 2001	0	57	24.87	3.05	$174
Jul 2001	186	74	23.93	3.20	$4,688
Jun 2001	0	83	24.56	3.82	$317
May 2001	193	58	25.52	4.31	$5,175
Apr 2001	171	88	24.68	5.34	$4,690
Mar 2001	195	131	24.54	5.38	$5,490
Feb 2001	195	47	27.75	5.77	$5,682
Jan 2001	0	50	27.47	8.40	$420
Dec 2000	179	60	26.88	9.12	$5,359
Nov 2000	193	109	32.21	5.66	$6,833
Oct 2000	0	67	31.23	5.15	$345
Sep 2000	173	50	31.87	5.19	$5,773
Aug 2000	1	49	29.64	4.54	$252
Jul 2000	176	31	28.53	4.09	$5,148
Jun 2000	175	72	29.30	4.40	$5,444
May 2000	0	51	27.26	3.68	$188
Apr 2000	0	58	24.51	3.12	$181
Mar 2000	358	118	28.42	2.86	$10,512
Feb 2000	0	123	27.62	2.73	$335
Jan 2000	179	42	25.27	2.48	$4,628
Dec 1999	0	71	24.28	2.42	$172
Nov 1999	175	67	23.19	2.43	$4,221
Oct 1999	180	175	20.98	2.80	$4,267
Sep 1999	180	160	21.75	2.62	$4,334
Aug 1999	179	170	19.26	2.88	$3,936
Jul 1999	179	127	17.89	2.37	$3,504
Jun 1999	180	142	15.94	2.36	$3,205
May 1999	181	117	15.79	2.32	$3,130
Apr 1999	177	161	15.10	2.21	$3,028
Mar 1999	181	184	12.47	1.84	$2,595
Feb 1999	363	289	9.98	1.82	$4,148
Jan 1999	0	31	10.38	1.90	$59
Dec 1998	0	55	9.20	1.77	$98
Nov 1998	0	90	10.89	2.19	$197
Oct 1998	176	159	12.42	1.97	$2,499
Sep 1998	176	147	12.59	2.08	$2,522
Aug 1998	182	160	11.30	1.91	$2,362
Jul 1998	182	144	11.74	2.24	$2,459
Jun 1998	177	191	11.24	2.24	$2,417
May 1998	185	156	12.62	2.21	$2,679
Apr 1998	178	145	13.04	2.51	$2,684
Mar 1998	184	157	12.80	2.31	$2,718
Feb 1998	178	136	13.95	2.30	$2,796
Jan 1998	177	162	14.70	2.15	$2,951
Dec 1997	169	169	16.32	2.41	$3,166
Nov 1997	172	158	18.19	3.09	$3,617
Oct 1997	177	170	19.25	3.15	$3,943
Sep 1997	181	183	17.74	2.95	$3,752
Aug 1997	182	169	17.86	2.55	$3,682
Jul 1997	179	192	17.58	2.25	$3,578
Jun 1997	182	198	17.24	2.26	$3,585
May 1997	178	209	18.97	2.31	$3,859
Apr 1997	178	193	17.88	2.08	$3,585
Mar 1997	181	200	18.95	1.94	$3,818
Feb 1997	180	176	20.49	2.21	$4,076
Jan 1997	178	196	23.48	3.54	$4,873
Dec 1996	362	221	23.32	—	$8,442
Nov 1996	184	216	21.97	—	$4,042
Oct 1996	186	255	23.31	—	$4,336
Sep 1996	162	161	22.22	—	$3,600
Aug 1996	180	263	20.26	—	$3,647
Jul 1996	180	251	19.55	—	$3,519
Jun 1996	188	250	18.73	—	$3,521
May 1996	174	244	19.43	—	$3,381
Apr 1996	188	235	21.51	—	$4,044
Mar 1996	183	237	19.38	—	$3,547
Feb 1996	344	183	16.98	—	$5,841
Jan 1996	171	139	17.07	—	$2,919
Dec 1995	171	82	17.19	—	$2,939
Nov 1995	171	158	16.00	—	$2,736
Oct 1995	345	204	15.43	—	$5,323
Sep 1995	170	263	16.18	—	$2,751
Aug 1995	171	304	15.92	—	$2,722
Jul 1995	345	326	15.24	—	$5,258
Jun 1995	361	289	16.41	—	$5,924
May 1995	1	256	17.56	—	$18
Apr 1995	359	286	17.73	—	$6,365
Mar 1995	186	312	16.44	—	$3,058
Feb 1995	342	267	16.58	—	$5,670
Jan 1995	173	278	15.92	—	$2,754
Dec 1994	172	261	15.03	—	$2,585
Nov 1994	348	217	15.90	—	$5,533
Oct 1994	0	211	15.58	—	$0
Sep 1994	376	257	15.29	—	$5,749
Aug 1994	340	254	16.13	—	$5,484
Jul 1994	359	255	17.56	—	$6,304
Jun 1994	168	225	17.09	—	$2,871
May 1994	0	244	15.88	—	$0
Apr 1994	350	206	14.14	—	$4,949
Mar 1994	339	130	12.46	—	$4,224
Feb 1994	0	150	12.50	—	$0
Jan 1994	343	142	12.66	—	$4,342
Dec 1993	0	153	12.33	—	$0
Nov 1993	346	265	14.49	—	$5,014
Oct 1993	371	318	15.85	—	$5,880
Sep 1993	174	239	15.03	—	$2,615
Aug 1993	170	127	15.66	—	$2,662
Jul 1993	174	153	15.46	—	$2,690
Jun 1993	538	169	16.79	—	$9,033
May 1993	0	214	17.68	—	$0
Apr 1993	182	199	18.05	—	$3,285
Mar 1993	354	212	18.14	—	$6,422
Feb 1993	183	184	17.90	—	$3,276
Jan 1993	362	176	16.93	—	$6,129

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.

Jan 2004 — as filed, then multipliedworked

Oil                   36 bbl  × $ 32.03 =     $1,153
Casinghead gas         0 Mcf  × $  6.30 =         $0

────────────────────────────────────────────────────
Month total                                   $1,153

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/O/19121 is the state's own key, not one this site invented.