WINGATE, PANSY ETAL

Operated by LGDC CORPORATION (P-5 500227) in the INEEDA (HACKBERRY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 23695District 03Field 44517220OilCasinghead gasSaveExport
Value, all time
$11.9 M
Jul 1999 – Aug 2007
Value, last 12 filed months
$52 k
at the published price for each month
Months reported
98
no gaps in the span
Streams
2
oil, casinghead 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 3 leases and 3 wells, and the rule below applies to all of them.

Discovered
1999-03-12
as the register files it
Field class
Oil
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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
OilDisposition217,318 bbl$6,094,932
Casinghead gasProduction1,478,006 Mcf$5,846,921
Total$11,941,852

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 29.9500, -94.2758. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.94996, -94.27581 · 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
8,620 ft
1 wells filed one
Completion to plug
7.8 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 8,620 ft.

Completions filed
Jul 1999
1 of 1 wells
Plug dates filed
Apr 2007
1 of 1 wells

Last completion to plug: a median of 7.8 years across the 1 well that filed both dates, with the middle half between 7.8 years and 7.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2453220318,620 ftJul 1999Apr 2007Yes

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 (98)

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

98 months

Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 200739058.747.85$2,291
Apr 2007190059.617.81$11,326
Mar 20070056.927.30$0
Feb 20074055.108.22$220
Jan 20070350.306.73$20
Dec 20060956.656.92$62
Nov 20067254.207.62$395
Oct 20063751,31554.906.01$28,496
Sep 2006381,32160.085.04$8,937
Aug 20063231,23968.717.34$31,287
Jul 200661,26569.376.34$8,440
Jun 20065631,94466.286.38$49,726
May 20066612,35666.016.42$58,770
Apr 20064642,73564.397.36$50,008
Mar 20067012,79756.707.08$59,558
Feb 20067813,62757.597.75$73,091
Jan 20068293,54460.598.93$81,889
Dec 20059683,90154.9413.42$105,515
Nov 20051,1394,69154.6910.59$111,962
Oct 20053991,86958.3413.80$49,062
Sep 20055865,09461.4512.08$97,540
Aug 20057095,56461.519.80$98,120
Jul 20054032,68855.697.84$43,527
Jun 20057703,86552.337.38$68,822
May 20051,1714,09345.226.65$80,176
Apr 20059724,46849.207.36$80,709
Mar 20051,1803,45750.377.15$84,171
Feb 20051,2073,68745.226.31$77,853
Jan 20051,1824,25843.166.32$77,935
Dec 20041,3923,63739.866.75$80,039
Nov 20044021,18245.286.33$25,685
Oct 20041,3614,94749.706.52$99,872
Sep 20049363,17443.245.28$57,244
Aug 20041,0092,96942.375.55$59,231
Jul 20049725,15638.286.08$68,578
Jun 20042106,34336.106.43$48,386
May 200481,50937.486.49$10,100
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20041032.455.51$32
Jan 20042041,43532.036.30$15,574
Dec 20031,1918,60830.266.30$90,284
Nov 20039937,76828.804.60$64,294
Oct 20031,3699,41828.174.76$83,391
Sep 20031,1268,65526.314.75$70,731
Aug 20031,2317,66629.765.13$75,959
Jul 20031,1077,09229.415.17$69,228
Jun 20031,2973,93128.565.98$60,561
May 20031,3454,33426.595.97$61,649
Apr 20031,3434,17226.675.41$58,377
Mar 20031,3535,63231.146.10$76,465
Feb 20031,3244,35433.487.93$78,837
Jan 20031,5136,20330.315.58$80,484
Dec 20021,3086,60426.914.85$67,253
Nov 20021,2778,90924.664.14$68,347
Oct 20021782,27626.464.23$14,335
Sep 20022,4849,00227.443.64$100,885
Aug 20022,8938,57025.963.16$102,219
Jul 20023,0849,53324.583.06$104,992
Jun 20022,8729,67823.733.34$100,460
May 20023,0349,78824.663.58$109,899
Apr 20023,0509,68023.653.51$106,132
Mar 20023,36311,70522.003.10$110,303
Feb 20023,41811,32218.222.38$89,173
Jan 20023,99112,49917.172.38$98,219
Dec 20014,02613,64416.932.36$100,420
Nov 20014,13813,92118.072.41$108,261
Oct 20013,50311,36719.782.53$98,035
Sep 20013,66812,57324.262.25$117,292
Aug 20014,31614,31924.873.05$151,057
Jul 20014,15412,46223.933.20$139,247
Jun 20013,80115,32024.563.82$151,939
May 20012,6587,71925.524.31$101,080
Apr 20014,94423,14824.685.34$245,520
Mar 20015,12325,38224.545.38$262,183
Feb 20014,63123,19927.755.77$262,301
Jan 20014,38324,27327.478.40$324,264
Dec 20004,98431,14026.889.12$418,045
Nov 20005,33626,74132.215.66$323,173
Oct 20005,37128,51331.235.15$314,450
Sep 20005,59331,69331.875.19$342,625
Aug 20006,85239,58929.644.54$382,857
Jul 20007,62644,21928.534.09$398,414
Jun 20007,44249,29129.304.40$434,795
May 20007,25262,01127.263.68$425,875
Apr 20005,74367,02024.513.12$349,595
Mar 20005,33378,73828.422.86$376,735
Feb 20004,78863,69227.622.73$305,901
Jan 20002,68134,36325.272.48$152,986
Dec 19996,46387,73124.282.42$369,557
Nov 19996,10586,58623.192.43$352,324
Oct 19995,91491,00520.982.80$379,227
Sep 19994,94871,81821.752.62$295,700
Aug 19995,13478,59119.262.88$324,877
Jul 19992,10220,39517.892.37$85,989

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 2007 — as filed, then multipliedworked
Oil                   39 bbl  × $ 58.74 =     $2,291
Casinghead gas         0 Mcf  × $  7.85 =         $0

────────────────────────────────────────────────────
Month total                                   $2,291

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/23695 is the state's own key, not one this site invented.