LABAY, BEN F.

Operated by G & W PRODUCTION COMPANY L.L.C. (P-5 292353) in the HUTCHINS (4000) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 6933District 03Field 43816830OilCasinghead gasSaveExport
Value, all time
$1.3 M
Jan 1993 – May 2017
Value, last 12 filed months
$0
at the published price for each month
Months reported
293
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 7 leases and 14 wells, and the rule below applies to all of them.

Discovered
1961-09-25
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: FLD. RULES EFF. 12-1-78

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
OilDisposition30,852 bbl$1,279,869
Casinghead gasProduction13 Mcf$0
Total$1,279,869

13 Mcf of this lease's gas, across 13 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 (2)

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 29.2382, -96.3052. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

29.23817, -96.30524 · 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%
2 of 2 wells
With a plug date
100.0%
2 of 2 wells
Median depth
4,025 ft
2 wells filed one
Completion to plug
35.3 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
2100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
2100.0%
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

Between 4,017 and 4,032 ft, median 4,025 ft, over the 2 wells that filed a depth.

Completions filed
Mar 1981 – May 1982
2 of 2 wells
Plug dates filed
Nov 2016 – May 2017
2 of 2 wells

Last completion to plug: a median of 35.3 years across the 2 wells that filed both dates, with the middle half between 35.2 years and 35.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-4810151514,017 ftMay 1982May 2017Yes
42-4813205524,032 ftMar 1981Nov 2016Yes

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 (293)

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

293 months

May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 2015151044.662.98$6,744
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 2014159078.303.90$12,450
Sep 20140086.164.05$0
Aug 2014157089.394.04$14,034
Jul 20140096.564.18$0
Jun 2014160098.164.74$15,706
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 2014160095.895.06$15,342
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 20131430104.113.72$14,888
Aug 201300104.253.52$0
Jul 20131630102.523.72$16,711
Jun 20130094.403.93$0
May 2013157094.834.15$14,888
Apr 2013160093.964.28$15,034
Mar 20130093.623.91$0
Feb 2013162091.233.42$14,779
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 2012161094.672.92$15,242
Aug 20120092.662.91$0
Jul 2012162085.133.02$13,791
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 20121600101.652.00$16,264
Mar 20121630105.052.22$17,123
Feb 201200101.102.57$0
Jan 2012156098.092.73$15,302
Dec 2011157096.873.24$15,209
Nov 20110095.723.31$0
Oct 2011164084.983.65$13,937
Sep 2011160083.623.99$13,379
Aug 20110083.404.15$0
Jul 2011167094.144.52$15,721
Jun 2011158092.904.64$14,678
May 20110098.134.40$0
Apr 20111590105.964.33$16,848
Mar 2011160096.364.06$15,418
Feb 20110085.644.18$0
Jan 2011305086.504.59$26,383
Dec 20100085.734.35$0
Nov 2010153080.843.80$12,369
Oct 20100078.103.51$0
Sep 2010154072.633.98$11,185
Aug 2010157073.684.42$11,568
Jul 20100072.554.74$0
Jun 2010156070.364.91$10,976
May 2010153071.124.24$10,881
Apr 2010156081.694.12$12,744
Mar 2010151078.394.39$11,837
Feb 20100073.585.44$0
Jan 2010153074.365.96$11,377
Dec 20090071.445.48$0
Nov 2009155074.593.75$11,561
Oct 2009152072.544.11$11,026
Sep 20090065.543.06$0
Aug 2009152067.423.22$10,248
Jul 2009154061.133.46$9,414
Jun 20090066.163.90$0
May 2009155054.743.93$8,485
Apr 2009154046.773.59$7,203
Mar 2009154042.144.06$6,490
Feb 20090032.814.63$0
Jan 2009165035.865.37$5,917
Dec 2008157037.105.98$5,825
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 20081630101.767.88$16,587
Aug 200800114.228.48$0
Jul 20081590131.0811.39$20,842
Jun 200800131.3313.03$0
May 20081690123.1711.57$20,816
Apr 200800110.3110.45$0
Mar 20081460101.909.66$14,877
Feb 20080092.538.77$0
Jan 2008158090.388.21$14,280
Dec 20070088.337.30$0
Nov 2007142091.677.29$13,017
Oct 2007164082.856.92$13,587
Sep 20070075.846.24$0
Aug 2007128069.066.39$8,840
Jul 2007140070.906.39$9,926
Jun 20070062.007.55$0
May 2007138058.747.85$8,106
Apr 2007158059.617.81$9,418
Mar 20070056.927.30$0
Feb 2007162055.108.22$8,926
Jan 20070050.306.73$0
Dec 2006294056.656.92$16,655
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 2006146060.085.04$8,772
Aug 2006165068.717.34$11,337
Jul 2006157069.376.34$10,891
Jun 20060066.286.38$0
May 2006158066.016.42$10,430
Apr 2006178064.397.36$11,461
Mar 2006317056.707.08$17,974
Feb 20060057.597.75$0
Jan 2006336060.598.93$20,358
Dec 2005324054.9413.42$17,801
Nov 20050054.6910.59$0
Oct 2005160058.3413.80$9,334
Sep 2005181061.4512.08$11,122
Aug 2005278061.519.80$17,100
Jul 2005159055.697.84$8,855
Jun 2005161052.337.38$8,425
May 2005166045.226.65$7,507
Apr 2005163049.207.36$8,020
Mar 20050050.377.15$0
Feb 2005164045.226.31$7,416
Jan 2005340043.166.32$14,674
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 2004157049.706.52$7,803
Sep 2004164043.245.28$7,091
Aug 2004153042.375.55$6,483
Jul 2004159038.286.08$6,087
Jun 2004169036.106.43$6,101
May 20040037.486.49$0
Apr 2004160034.475.86$5,515
Mar 2004164034.365.53$5,635
Feb 2004165032.455.51$5,354
Jan 2004162032.036.30$5,189
Dec 2003176030.266.30$5,326
Nov 20030028.804.60$0
Oct 2003361028.174.76$10,169
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 2002123017.172.38$2,112
Dec 20010016.932.36$0
Nov 2001141018.072.41$2,548
Oct 2001130019.782.53$2,571
Sep 2001166024.262.25$4,027
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 2001180024.563.82$4,421
May 2001173025.524.31$4,415
Apr 2001180024.685.34$4,442
Mar 20010024.545.38$0
Feb 2001354027.755.77$9,824
Jan 20010027.478.40$0
Dec 2000173026.889.12$4,650
Nov 20000032.215.66$0
Oct 2000179031.235.15$5,590
Sep 2000173031.875.19$5,514
Aug 2000168029.644.54$4,980
Jul 2000170028.534.09$4,850
Jun 2000181029.304.40$5,303
May 20000027.263.68$0
Apr 2000157024.513.12$3,848
Mar 2000177028.422.86$5,030
Feb 2000175027.622.73$4,834
Jan 20000025.272.48$0
Dec 1999179024.282.42$4,346
Nov 1999168023.192.43$3,896
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 1999180019.262.88$3,467
Jul 1999179017.892.37$3,202
Jun 19990015.942.36$0
May 1999327015.792.32$5,163
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 199915209.981.82$1,517
Jan 1999169010.381.90$1,754
Dec 199814809.201.77$1,362
Nov 1998124010.892.19$1,350
Oct 1998171012.421.97$2,124
Sep 1998127012.592.08$1,599
Aug 1998175011.301.91$1,978
Jul 1998162011.742.24$1,902
Jun 1998180011.242.24$2,023
May 1998155012.622.21$1,956
Apr 19980013.042.51$0
Mar 1998126012.802.31$1,613
Feb 1998164013.952.30$2,288
Jan 1998180014.702.15$2,646
Dec 1997182016.322.41$2,970
Nov 1997157018.193.09$2,856
Oct 19970019.253.15$0
Sep 1997155017.742.95$2,750
Aug 1997178017.862.55$3,179
Jul 1997180017.582.25$3,164
Jun 1997169017.242.26$2,914
May 1997162018.972.31$3,073
Apr 1997351017.882.08$6,276
Mar 19970018.951.94$0
Feb 1997363020.492.21$7,438
Jan 1997176023.483.54$4,132
Dec 1996346023.32$8,069
Nov 1996188021.97$4,130
Oct 1996175023.31$4,079
Sep 1996181022.22$4,022
Aug 1996361020.26$7,314
Jul 1996181019.55$3,539
Jun 1996354018.73$6,630
May 1996111019.43$2,157
Apr 1996189021.51$4,065
Mar 1996362019.38$7,016
Feb 1996175016.98$2,972
Jan 1996163017.07$2,782
Dec 1995176017.19$3,025
Nov 1995342016.00$5,472
Oct 1995168015.43$2,592
Sep 1995168016.18$2,718
Aug 1995347015.92$5,524
Jul 1995168015.24$2,560
Jun 1995171016.41$2,806
May 1995346017.56$6,076
Apr 1995182017.73$3,227
Mar 1995187016.44$3,074
Feb 1995175016.58$2,902
Jan 1995342015.92$5,445
Dec 1994169015.03$2,540
Nov 1994327015.90$5,199
Oct 1994160015.58$2,493
Sep 1994337015.29$5,153
Aug 19940016.13$0
Jul 19940017.56$0
Jun 19940017.09$0
May 19940015.88$0
Apr 1994162014.14$2,291
Mar 19940012.46$0
Feb 19940012.50$0
Jan 19940112.66$0
Dec 1993152112.33$1,874
Nov 1993148114.49$2,145
Oct 1993154115.85$2,441
Sep 1993137115.03$2,059
Aug 1993147115.66$2,302
Jul 1993135115.46$2,087
Jun 19930116.79$0
May 1993147117.68$2,599
Apr 1993135118.05$2,437
Mar 1993139118.14$2,521
Feb 1993287117.90$5,137
Jan 1993320116.93$5,418

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                  151 bbl  × $ 44.66 =     $6,744
Casinghead gas         0 Mcf  × $  2.98 =         $0

────────────────────────────────────────────────────
Month total                                   $6,744

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/6933 is the state's own key, not one this site invented.