LAZARONE, M.

Name: LAZARONE, M. 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 CALDWELL (AUSTIN CHALK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 20548District 03Field 14710500OilCasinghead gasSave Export

Value, all time

$369 k

Jan 1993 – Sep 2003

Value, last 12 filed months

at the published price for each month

Months reported

129

no gaps in the span

Streams

oil, casinghead gas

The CALDWELL (AUSTIN CHALK) 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 256 leases and 330 wells, and the rule below applies to all of them.

Discovered

1978-06-29

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 1991-11-25.

The Commission's schedule remark for this field reads: “PER DOCKET 3-97101 EFF 11-25-91, PERM RULES. 80 ACRE OPT/3250 DIAG”

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	19,700 bbl	$354,078
Casinghead gas	Production	17,304 Mcf	$14,719
Total			$368,798

12,080 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 30.6716, -96.5438. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.67161, -96.54376 · 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

7,710 ft

1 wells filed one

Completion to plug

13.8 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 7,710 ft.

Completions filed

Sep 1989

1 of 1 wells

Plug dates filed

Jun 2003

1 of 1 wells

Last completion to plug: a median of 13.8 years across the 1 well that filed both dates, with the middle half between 13.8 years and 13.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-04131201	1	7,710 ft	Sep 1989	Jun 2003	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 (129)

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

129 months


Sep 2003	0	0	26.31	4.75	$0
Aug 2003	0	0	29.76	5.13	$0
Jul 2003	0	0	29.41	5.17	$0
Jun 2003	0	0	28.56	5.98	$0
May 2003	0	0	26.59	5.97	$0
Apr 2003	0	0	26.67	5.41	$0
Mar 2003	0	0	31.14	6.10	$0
Feb 2003	0	0	33.48	7.93	$0
Jan 2003	0	0	30.31	5.58	$0
Dec 2002	0	0	26.91	4.85	$0
Nov 2002	0	0	24.66	4.14	$0
Oct 2002	0	0	26.46	4.23	$0
Sep 2002	0	0	27.44	3.64	$0
Aug 2002	0	0	25.96	3.16	$0
Jul 2002	0	0	24.58	3.06	$0
Jun 2002	0	0	23.73	3.34	$0
May 2002	76	0	24.66	3.58	$1,874
Apr 2002	0	0	23.65	3.51	$0
Mar 2002	0	0	22.00	3.10	$0
Feb 2002	0	0	18.22	2.38	$0
Jan 2002	0	0	17.17	2.38	$0
Dec 2001	0	0	16.93	2.36	$0
Nov 2001	120	1	18.07	2.41	$2,171
Oct 2001	0	0	19.78	2.53	$0
Sep 2001	182	30	24.26	2.25	$4,483
Aug 2001	0	16	24.87	3.05	$49
Jul 2001	178	1	23.93	3.20	$4,263
Jun 2001	191	0	24.56	3.82	$4,691
May 2001	0	16	25.52	4.31	$69
Apr 2001	179	39	24.68	5.34	$4,626
Mar 2001	193	67	24.54	5.38	$5,096
Feb 2001	176	28	27.75	5.77	$5,045
Jan 2001	0	26	27.47	8.40	$218
Dec 2000	179	42	26.88	9.12	$5,195
Nov 2000	189	90	32.21	5.66	$6,597
Oct 2000	183	84	31.23	5.15	$6,147
Sep 2000	0	77	31.87	5.19	$399
Aug 2000	184	82	29.64	4.54	$5,826
Jul 2000	180	143	28.53	4.09	$5,720
Jun 2000	176	52	29.30	4.40	$5,385
May 2000	0	86	27.26	3.68	$316
Apr 2000	175	77	24.51	3.12	$4,529
Mar 2000	179	86	28.42	2.86	$5,333
Feb 2000	178	88	27.62	2.73	$5,156
Jan 2000	178	81	25.27	2.48	$4,699
Dec 1999	181	120	24.28	2.42	$4,686
Nov 1999	177	59	23.19	2.43	$4,248
Oct 1999	0	111	20.98	2.80	$311
Sep 1999	181	103	21.75	2.62	$4,206
Aug 1999	176	73	19.26	2.88	$3,600
Jul 1999	180	80	17.89	2.37	$3,410
Jun 1999	180	90	15.94	2.36	$3,082
May 1999	0	100	15.79	2.32	$232
Apr 1999	185	105	15.10	2.21	$3,025
Mar 1999	181	111	12.47	1.84	$2,461
Feb 1999	176	86	9.98	1.82	$1,913
Jan 1999	179	116	10.38	1.90	$2,078
Dec 1998	186	101	9.20	1.77	$1,890
Nov 1998	179	99	10.89	2.19	$2,166
Oct 1998	0	87	12.42	1.97	$171
Sep 1998	178	105	12.59	2.08	$2,460
Aug 1998	181	95	11.30	1.91	$2,227
Jul 1998	178	91	11.74	2.24	$2,293
Jun 1998	180	136	11.24	2.24	$2,327
May 1998	180	143	12.62	2.21	$2,587
Apr 1998	368	141	13.04	2.51	$5,152
Mar 1998	181	115	12.80	2.31	$2,582
Feb 1998	0	95	13.95	2.30	$218
Jan 1998	358	146	14.70	2.15	$5,577
Dec 1997	0	80	16.32	2.41	$193
Nov 1997	174	118	18.19	3.09	$3,529
Oct 1997	170	148	19.25	3.15	$3,739
Sep 1997	172	152	17.74	2.95	$3,500
Aug 1997	172	167	17.86	2.55	$3,499
Jul 1997	361	238	17.58	2.25	$6,881
Jun 1997	359	190	17.24	2.26	$6,618
May 1997	173	63	18.97	2.31	$3,427
Apr 1997	0	87	17.88	2.08	$181
Mar 1997	179	71	18.95	1.94	$3,530
Feb 1997	176	140	20.49	2.21	$3,915
Jan 1997	0	50	23.48	3.54	$177
Dec 1996	178	167	23.32	—	$4,151
Nov 1996	176	185	21.97	—	$3,867
Oct 1996	185	226	23.31	—	$4,312
Sep 1996	179	179	22.22	—	$3,977
Aug 1996	183	250	20.26	—	$3,708
Jul 1996	174	249	19.55	—	$3,402
Jun 1996	174	267	18.73	—	$3,259
May 1996	175	272	19.43	—	$3,400
Apr 1996	170	251	21.51	—	$3,657
Mar 1996	180	300	19.38	—	$3,488
Feb 1996	178	244	16.98	—	$3,022
Jan 1996	176	267	17.07	—	$3,004
Dec 1995	173	259	17.19	—	$2,974
Nov 1995	343	248	16.00	—	$5,488
Oct 1995	69	290	15.43	—	$1,065
Sep 1995	345	290	16.18	—	$5,582
Aug 1995	179	290	15.92	—	$2,850
Jul 1995	169	299	15.24	—	$2,576
Jun 1995	171	303	16.41	—	$2,806
May 1995	172	306	17.56	—	$3,020
Apr 1995	180	315	17.73	—	$3,191
Mar 1995	344	351	16.44	—	$5,655
Feb 1995	173	271	16.58	—	$2,868
Jan 1995	188	286	15.92	—	$2,993
Dec 1994	345	277	15.03	—	$5,185
Nov 1994	178	223	15.90	—	$2,830
Oct 1994	166	199	15.58	—	$2,586
Sep 1994	170	152	15.29	—	$2,599
Aug 1994	340	248	16.13	—	$5,484
Jul 1994	181	233	17.56	—	$3,178
Jun 1994	173	220	17.09	—	$2,957
May 1994	352	306	15.88	—	$5,590
Apr 1994	176	479	14.14	—	$2,489
Mar 1994	175	316	12.46	—	$2,181
Feb 1994	338	208	12.50	—	$4,225
Jan 1994	547	278	12.66	—	$6,925
Dec 1993	0	223	12.33	—	$0
Nov 1993	183	292	14.49	—	$2,652
Oct 1993	521	321	15.85	—	$8,258
Sep 1993	173	83	15.03	—	$2,600
Aug 1993	507	249	15.66	—	$7,940
Jul 1993	317	198	15.46	—	$4,901
Jun 1993	2	54	16.79	—	$34
May 1993	0	163	17.68	—	$0
Apr 1993	339	172	18.05	—	$6,119
Mar 1993	345	358	18.14	—	$6,258
Feb 1993	360	247	17.90	—	$6,444
Jan 1993	181	216	16.93	—	$3,064

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 2002 — as filed, then multipliedworked

Oil                   76 bbl  × $ 24.66 =     $1,874
Casinghead gas         0 Mcf  × $  3.58 =         $0

────────────────────────────────────────────────────
Month total                                   $1,874

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/20548 is the state's own key, not one this site invented.