SECURITY BANK & TRUST CO.

Name: SECURITY BANK & TRUST CO. lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by MCGOWAN WORKING PARTNERS, INC. (P-5 549836) in the LANE CITY field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 2610District 03Field 51859001OilCasinghead gasSave Export

Value, all time

$5.4 M

Jan 1993 – Jul 2015

Value, last 12 filed months

$10 k

at the published price for each month

Months reported

271

no gaps in the span

Streams

oil, casinghead gas

The LANE CITY 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 8 leases and 29 wells, and the rule below applies to all of them.

Discovered

1944-12-01

as the register files it

Field class

Oil and gas

the register's own label

Between wells

—

no field rule filed

From a lease line

—

no field rule filed

The Commission's schedule remark for this field reads: “ALLOCATION FORMULA EFF. 01-1-81 PER AMENDMENT TO SWR 28 & 29”

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	110,704 bbl	$5,104,378
Casinghead gas	Production	53,530 Mcf	$255,926
Total			$5,360,304

4,280 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 (8)

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 29.1760, -96.0576. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.8 miles.

29.17648, -96.05787 · 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%

8 of 8 wells

With a plug date

100.0%

8 of 8 wells

Median depth

5,638 ft

8 wells filed one

Completion to plug

16.1 years

median over 5 wells

What the state filed about each well

On the RRC proration schedule

8100.0%

A plug date is filed

8100.0%

BothOn the schedule and plugged. Neither fact cancels the other.

8100.0%

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

Total depth in feet, 8 of 8 wells. Median 5,638 ft, with the middle half between 5,502 and 5,703 ft; the shallowest is 5,495 ft and the deepest 6,500 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

Last completion by decade, 5 of 8 wells, Apr 1945 – Apr 1999. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed

Apr 1945 – Apr 1999

5 of 8 wells; 3 filed none

Plug dates filed

Jul 1984 – Feb 2015

8 of 8 wells

Last completion to plug: a median of 16.1 years across the 5 wells that filed both dates, with the middle half between 15.8 years and 39.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

8 wells


42-48102621	6	5,495 ft	—	Jul 1993	Yes
42-48102623	10	5,685 ft	—	Jul 1984	Yes
42-48102673	9	6,500 ft	—	Jan 1985	Yes
42-48131140	12	5,710 ft	Apr 1999	Feb 2015	Yes
42-48102622	8	5,503 ft	Jan 1999	Feb 2015	Yes
42-48102617	2	5,590 ft	Jan 1988	Jul 1997	Yes
42-48130108	11	5,700 ft	Feb 1970	Jan 2015	Yes
42-48102619	4	5,500 ft	Apr 1945	Aug 1984	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 (271)

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

271 months


Jul 2015	0	0	48.15	2.95	$0
Jun 2015	0	0	56.15	2.88	$0
May 2015	0	0	55.21	2.96	$0
Apr 2015	0	0	49.82	2.71	$0
Mar 2015	0	0	42.89	2.93	$0
Feb 2015	219	0	44.66	2.98	$9,781
Jan 2015	0	0	43.43	3.10	$0
Dec 2014	0	0	54.69	3.59	$0
Nov 2014	0	0	70.46	4.25	$0
Oct 2014	0	0	78.30	3.90	$0
Sep 2014	0	168	86.16	4.05	$680
Aug 2014	0	0	89.39	4.04	$0
Jul 2014	0	0	96.56	4.18	$0
Jun 2014	310	300	98.16	4.74	$31,851
May 2014	160	327	94.73	4.73	$16,702
Apr 2014	304	324	95.94	4.81	$30,724
Mar 2014	313	360	95.89	5.06	$31,834
Feb 2014	159	324	97.40	6.19	$17,493
Jan 2014	310	372	90.40	4.86	$29,832
Dec 2013	308	372	91.82	4.35	$29,900
Nov 2013	153	348	88.85	3.74	$14,895
Oct 2013	314	360	97.42	3.78	$31,950
Sep 2013	158	360	104.11	3.72	$17,788
Aug 2013	311	348	104.25	3.52	$33,648
Jul 2013	304	372	102.52	3.72	$32,549
Jun 2013	157	360	94.40	3.93	$16,237
May 2013	453	360	94.83	4.15	$44,452
Apr 2013	159	300	93.96	4.28	$16,224
Mar 2013	308	312	93.62	3.91	$30,056
Feb 2013	306	336	91.23	3.42	$29,065
Jan 2013	322	372	91.60	3.42	$30,767
Dec 2012	325	116	86.77	3.42	$28,597
Nov 2012	159	112	86.95	3.62	$14,231
Oct 2012	303	93	89.38	3.40	$27,398
Sep 2012	315	90	94.67	2.92	$30,084
Aug 2012	463	62	92.66	2.91	$43,082
Jul 2012	318	62	85.13	3.02	$27,259
Jun 2012	319	60	79.82	2.52	$25,614
May 2012	465	62	91.61	2.49	$42,753
Apr 2012	477	60	101.65	2.00	$48,607
Mar 2012	317	67	105.05	2.22	$33,450
Feb 2012	307	58	101.10	2.57	$31,187
Jan 2012	457	62	98.09	2.73	$44,997
Dec 2011	459	60	96.87	3.24	$44,658
Nov 2011	466	60	95.72	3.31	$44,804
Oct 2011	310	48	84.98	3.65	$26,519
Sep 2011	324	42	83.62	3.99	$27,260
Aug 2011	306	58	83.40	4.15	$25,761
Jul 2011	470	62	94.14	4.52	$44,526
Jun 2011	462	60	92.90	4.64	$43,198
May 2011	304	48	98.13	4.40	$30,043
Apr 2011	311	58	105.96	4.33	$33,205
Mar 2011	474	62	96.36	4.06	$45,926
Feb 2011	638	56	85.64	4.18	$54,872
Jan 2011	322	64	86.50	4.59	$28,147
Dec 2010	668	64	85.73	4.35	$57,546
Nov 2010	155	62	80.84	3.80	$12,766
Oct 2010	465	60	78.10	3.51	$36,527
Sep 2010	485	60	72.63	3.98	$35,464
Aug 2010	316	58	73.68	4.42	$23,539
Jul 2010	317	64	72.55	4.74	$23,301
Jun 2010	316	60	70.36	4.91	$22,528
May 2010	481	62	71.12	4.24	$34,471
Apr 2010	481	60	81.69	4.12	$39,540
Mar 2010	643	62	78.39	4.39	$50,677
Feb 2010	317	56	73.58	5.44	$23,630
Jan 2010	481	62	74.36	5.96	$36,137
Dec 2009	637	62	71.44	5.48	$45,847
Nov 2009	483	60	74.59	3.75	$36,252
Oct 2009	462	62	72.54	4.11	$33,768
Sep 2009	479	60	65.54	3.06	$31,578
Aug 2009	470	60	67.42	3.22	$31,881
Jul 2009	483	54	61.13	3.46	$29,713
Jun 2009	484	60	66.16	3.90	$32,255
May 2009	475	62	54.74	3.93	$26,245
Apr 2009	324	58	46.77	3.59	$15,362
Mar 2009	476	76	42.14	4.06	$20,367
Feb 2009	478	69	32.81	4.63	$16,003
Jan 2009	161	62	35.86	5.37	$6,106
Dec 2008	657	62	37.10	5.98	$24,745
Nov 2008	488	60	55.49	6.86	$27,491
Oct 2008	485	62	75.24	6.92	$36,921
Sep 2008	468	50	101.76	7.88	$48,018
Aug 2008	495	186	114.22	8.48	$58,117
Jul 2008	483	186	131.08	11.39	$65,430
Jun 2008	485	180	131.33	13.03	$66,041
May 2008	485	186	123.17	11.57	$61,890
Apr 2008	467	180	110.31	10.45	$53,397
Mar 2008	483	186	101.90	9.66	$51,015
Feb 2008	476	168	92.53	8.77	$45,518
Jan 2008	497	186	90.38	8.21	$46,445
Dec 2007	480	186	88.33	7.30	$43,757
Nov 2007	324	180	91.67	7.29	$31,014
Oct 2007	489	186	82.85	6.92	$41,801
Sep 2007	479	180	75.84	6.24	$37,451
Aug 2007	476	186	69.06	6.39	$34,061
Jul 2007	477	186	70.90	6.39	$35,007
Jun 2007	487	180	62.00	7.55	$31,553
May 2007	321	186	58.74	7.85	$20,315
Apr 2007	632	180	59.61	7.81	$39,078
Mar 2007	325	186	56.92	7.30	$19,857
Feb 2007	481	138	55.10	8.22	$27,637
Jan 2007	329	186	50.30	6.73	$17,800
Dec 2006	481	186	56.65	6.92	$28,535
Nov 2006	467	180	54.20	7.62	$26,683
Oct 2006	457	186	54.90	6.01	$26,208
Sep 2006	317	180	60.08	5.04	$19,952
Aug 2006	472	186	68.71	7.34	$33,796
Jul 2006	477	279	69.37	6.34	$34,859
Jun 2006	322	270	66.28	6.38	$23,066
May 2006	471	279	66.01	6.42	$32,883
Apr 2006	495	270	64.39	7.36	$33,860
Mar 2006	493	279	56.70	7.08	$29,929
Feb 2006	0	105	57.59	7.75	$814
Jan 2006	455	160	60.59	8.93	$28,998
Dec 2005	333	279	54.94	13.42	$22,038
Nov 2005	480	540	54.69	10.59	$31,969
Oct 2005	318	540	58.34	13.80	$26,002
Sep 2005	0	0	61.45	12.08	$0
Aug 2005	175	434	61.51	9.80	$15,016
Jul 2005	473	560	55.69	7.84	$30,734
Jun 2005	635	600	52.33	7.38	$37,658
May 2005	482	620	45.22	6.65	$25,920
Apr 2005	472	600	49.20	7.36	$27,639
Mar 2005	487	1,240	50.37	7.15	$33,402
Feb 2005	332	300	45.22	6.31	$16,907
Jan 2005	489	372	43.16	6.32	$23,457
Dec 2004	640	372	39.86	6.75	$28,022
Nov 2004	319	288	45.28	6.33	$16,267
Oct 2004	483	372	49.70	6.52	$26,429
Sep 2004	474	360	43.24	5.28	$22,398
Aug 2004	492	398	42.37	5.55	$23,055
Jul 2004	489	372	38.28	6.08	$20,982
Jun 2004	481	348	36.10	6.43	$19,603
May 2004	490	372	37.48	6.49	$20,781
Apr 2004	492	360	34.47	5.86	$19,068
Mar 2004	630	489	34.36	5.53	$24,351
Feb 2004	466	348	32.45	5.51	$17,039
Jan 2004	504	360	32.03	6.30	$18,411
Dec 2003	490	360	30.26	6.30	$17,096
Nov 2003	507	348	28.80	4.60	$16,201
Oct 2003	492	372	28.17	4.76	$15,630
Sep 2003	648	360	26.31	4.75	$18,759
Aug 2003	500	372	29.76	5.13	$16,788
Jul 2003	508	360	29.41	5.17	$16,802
Jun 2003	503	360	28.56	5.98	$16,520
May 2003	645	372	26.59	5.97	$19,372
Apr 2003	517	360	26.67	5.41	$15,735
Mar 2003	636	372	31.14	6.10	$22,073
Feb 2003	664	336	33.48	7.93	$24,894
Jan 2003	503	372	30.31	5.58	$17,322
Dec 2002	662	744	26.91	4.85	$21,426
Nov 2002	700	720	24.66	4.14	$20,241
Oct 2002	715	744	26.46	4.23	$22,065
Sep 2002	690	750	27.44	3.64	$21,660
Aug 2002	681	775	25.96	3.16	$20,131
Jul 2002	510	550	24.58	3.06	$14,220
Jun 2002	525	250	23.73	3.34	$13,293
May 2002	523	775	24.66	3.58	$15,675
Apr 2002	516	750	23.65	3.51	$14,838
Mar 2002	531	775	22.00	3.10	$14,087
Feb 2002	508	700	18.22	2.38	$10,919
Jan 2002	702	775	17.17	2.38	$13,894
Dec 2001	525	775	16.93	2.36	$10,721
Nov 2001	722	750	18.07	2.41	$14,851
Oct 2001	683	775	19.78	2.53	$15,470
Sep 2001	699	750	24.26	2.25	$18,646
Aug 2001	844	186	24.87	3.05	$21,558
Jul 2001	854	186	23.93	3.20	$21,031
Jun 2001	839	180	24.56	3.82	$21,294
May 2001	1,027	186	25.52	4.31	$27,010
Apr 2001	997	180	24.68	5.34	$25,566
Mar 2001	1,018	186	24.54	5.38	$25,982
Feb 2001	861	162	27.75	5.77	$24,827
Jan 2001	1,023	248	27.47	8.40	$30,185
Dec 2000	1,013	248	26.88	9.12	$29,492
Nov 2000	1,041	360	32.21	5.66	$35,567
Oct 2000	1,066	372	31.23	5.15	$35,205
Sep 2000	1,053	360	31.87	5.19	$35,426
Aug 2000	1,040	372	29.64	4.54	$32,515
Jul 2000	1,224	279	28.53	4.09	$36,062
Jun 2000	1,188	270	29.30	4.40	$35,996
May 2000	993	279	27.26	3.68	$28,096
Apr 2000	1,174	240	24.51	3.12	$29,523
Mar 2000	1,207	248	28.42	2.86	$35,012
Feb 2000	834	232	27.62	2.73	$23,668
Jan 2000	1,028	248	25.27	2.48	$26,593
Dec 1999	1,017	248	24.28	2.42	$25,294
Nov 1999	990	240	23.19	2.43	$23,542
Oct 1999	961	248	20.98	2.80	$20,857
Sep 1999	835	240	21.75	2.62	$18,790
Aug 1999	1,023	248	19.26	2.88	$20,416
Jul 1999	1,021	248	17.89	2.37	$18,854
Jun 1999	152	72	15.94	2.36	$2,593
May 1999	1,358	186	15.79	2.32	$21,875
Apr 1999	519	54	15.10	2.21	$7,956
Mar 1999	0	0	12.47	1.84	$0
Feb 1999	0	0	9.98	1.82	$0
Jan 1999	0	0	10.38	1.90	$0
Dec 1998	0	0	9.20	1.77	$0
Nov 1998	0	0	10.89	2.19	$0
Oct 1998	0	0	12.42	1.97	$0
Sep 1998	20	9	12.59	2.08	$271
Aug 1998	0	4	11.30	1.91	$8
Jul 1998	0	0	11.74	2.24	$0
Jun 1998	0	0	11.24	2.24	$0
May 1998	72	0	12.62	2.21	$909
Apr 1998	0	0	13.04	2.51	$0
Mar 1998	173	24	12.80	2.31	$2,270
Feb 1998	0	23	13.95	2.30	$53
Jan 1998	200	24	14.70	2.15	$2,992
Dec 1997	90	11	16.32	2.41	$1,495
Nov 1997	0	13	18.19	3.09	$40
Oct 1997	241	38	19.25	3.15	$4,759
Sep 1997	0	22	17.74	2.95	$65
Aug 1997	294	50	17.86	2.55	$5,379
Jul 1997	167	34	17.58	2.25	$3,012
Jun 1997	109	12	17.24	2.26	$1,906
May 1997	137	0	18.97	2.31	$2,599
Apr 1997	0	4	17.88	2.08	$8
Mar 1997	0	35	18.95	1.94	$68
Feb 1997	159	35	20.49	2.21	$3,335
Jan 1997	174	36	23.48	3.54	$4,213
Dec 1996	182	25	23.32	—	$4,244
Nov 1996	167	32	21.97	—	$3,669
Oct 1996	157	5	23.31	—	$3,660
Sep 1996	0	25	22.22	—	$0
Aug 1996	153	49	20.26	—	$3,100
Jul 1996	327	47	19.55	—	$6,393
Jun 1996	179	38	18.73	—	$3,353
May 1996	190	36	19.43	—	$3,692
Apr 1996	181	40	21.51	—	$3,893
Mar 1996	293	62	19.38	—	$5,678
Feb 1996	174	40	16.98	—	$2,955
Jan 1996	354	49	17.07	—	$6,043
Dec 1995	173	31	17.19	—	$2,974
Nov 1995	134	17	16.00	—	$2,144
Oct 1995	153	63	15.43	—	$2,361
Sep 1995	325	69	16.18	—	$5,259
Aug 1995	337	65	15.92	—	$5,365
Jul 1995	294	34	15.24	—	$4,481
Jun 1995	172	49	16.41	—	$2,823
May 1995	340	137	17.56	—	$5,970
Apr 1995	338	134	17.73	—	$5,993
Mar 1995	338	115	16.44	—	$5,557
Feb 1995	169	108	16.58	—	$2,802
Jan 1995	333	130	15.92	—	$5,301
Dec 1994	312	124	15.03	—	$4,689
Nov 1994	337	139	15.90	—	$5,358
Oct 1994	332	129	15.58	—	$5,173
Sep 1994	340	148	15.29	—	$5,199
Aug 1994	355	123	16.13	—	$5,726
Jul 1994	160	70	17.56	—	$2,810
Jun 1994	325	132	17.09	—	$5,554
May 1994	322	112	15.88	—	$5,113
Apr 1994	161	89	14.14	—	$2,277
Mar 1994	325	99	12.46	—	$4,050
Feb 1994	160	70	12.50	—	$2,000
Jan 1994	328	119	12.66	—	$4,152
Dec 1993	236	106	12.33	—	$2,910
Nov 1993	318	117	14.49	—	$4,608
Oct 1993	337	130	15.85	—	$5,341
Sep 1993	318	130	15.03	—	$4,780
Aug 1993	336	139	15.66	—	$5,262
Jul 1993	310	112	15.46	—	$4,793
Jun 1993	322	141	16.79	—	$5,406
May 1993	339	125	17.68	—	$5,994
Apr 1993	316	126	18.05	—	$5,704
Mar 1993	321	127	18.14	—	$5,823
Feb 1993	328	115	17.90	—	$5,871
Jan 1993	314	158	16.93	—	$5,316

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.

Feb 2015 — as filed, then multipliedworked

Oil                  219 bbl  × $ 44.66 =     $9,781
Casinghead gas         0 Mcf  × $  2.98 =         $0

────────────────────────────────────────────────────
Month total                                   $9,781

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/2610 is the state's own key, not one this site invented.