LUNDELL

Operated by CONOCOPHILLIPS COMPANY (P-5 172232) in the VAQUILLAS RANCH (LOBO CONS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 102671District 04Field 93215400NGPA filingCondensateGasSaveExport
Value, all time
$85 k
Jan 1993 – Sep 2012
Value, last 12 filed months
$0
at the published price for each month
Months reported
237
no gaps in the span
Streams
2
condensate, 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 909 leases and 909 wells, and the rule below applies to all of them.

Discovered
1998-02-24
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 40 acres. The field rule took effect on 2010-11-02.

The Commission's schedule remark for this field reads: NO P-15 OR PLAT REQUIRED.

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.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA1none

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.

StreamBasisVolumeValue
CondensateDisposition3,142 bbl$48,961
GasProduction337,984 Mcf$36,038
Total$84,999

328,509 Mcf of this lease's gas, across 43 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 27.6312, -99.0603. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.63120, -99.06030 · 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
10,500 ft
1 wells filed one
Completion to plug
30.1 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 10,500 ft.

Completions filed
Aug 1982
1 of 1 wells
Plug dates filed
Sep 2012
1 of 1 wells

Last completion to plug: a median of 30.1 years across the 1 well that filed both dates, with the middle half between 30.1 years and 30.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-479333881710,500 ftAug 1982Sep 2012Yes

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 (237)

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

237 months

Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 200901742.144.06$69
Feb 2009011332.814.63$524
Jan 2009010235.865.37$548
Dec 2008016237.105.98$968
Nov 200802855.496.86$192
Oct 2008012475.246.92$858
Sep 20080128101.767.88$1,008
Aug 20080159114.228.48$1,349
Jul 20080211131.0811.39$2,403
Jun 2008024131.3313.03$313
May 20080153123.1711.57$1,771
Apr 20080158110.3110.45$1,652
Mar 20080172101.909.66$1,662
Feb 2008016592.538.77$1,447
Jan 2008017090.388.21$1,395
Dec 2007020488.337.30$1,490
Nov 2007010991.677.29$795
Oct 2007014782.856.92$1,018
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
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 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 1999017715.792.32$411
Apr 1999020715.102.21$457
Mar 1999022612.471.84$415
Feb 199901969.981.82$356
Jan 1999019910.381.90$378
Dec 199801369.201.77$241
Nov 1998015910.892.19$348
Oct 1998030912.421.97$608
Sep 1998027812.592.08$579
Aug 1998025711.301.91$490
Jul 1998025311.742.24$566
Jun 1998025211.242.24$564
May 1998026112.622.21$576
Apr 1998025813.042.51$646
Mar 1998030712.802.31$709
Feb 1998025913.952.30$595
Jan 1998027914.702.15$601
Dec 1997024516.322.41$591
Nov 1997023518.193.09$726
Oct 1997030219.253.15$951
Sep 1997026717.742.95$789
Aug 1997032117.862.55$820
Jul 1997029617.582.25$665
Jun 1997030917.242.26$697
May 1997018318.972.31$422
Apr 1997021317.882.08$444
Mar 1997024718.951.94$479
Feb 1997023420.492.21$516
Jan 1997026423.483.54$934
Dec 1996025323.32$0
Nov 1996026221.97$0
Oct 1996021723.31$0
Sep 1996027822.22$0
Aug 1996017120.26$0
Jul 1996024519.55$0
Jun 1996025218.73$0
May 1996029619.43$0
Apr 1996056521.51$0
Mar 1996086119.38$0
Feb 199618016.98$306
Jan 19960017.07$0
Dec 1995018717.19$0
Nov 19951016.00$16
Oct 19950015.43$0
Sep 19952016.18$32
Aug 1995016015.92$0
Jul 1995133515.24$15
Jun 199510833716.41$1,772
May 1995117417.56$18
Apr 199503,09017.73$0
Mar 199519,40116.44$16
Feb 19951708,66516.58$2,819
Jan 1995112,15415.92$16
Dec 199418614,35715.03$2,796
Nov 199413315,33515.90$2,115
Oct 199427915,60715.58$4,347
Sep 199412715,87415.29$1,942
Aug 199413016,93816.13$2,097
Jul 19941429,50617.56$2,494
Jun 199406,88317.09$0
May 19941007,96115.88$1,588
Apr 199416011,65514.14$2,262
Mar 199414014,46412.46$1,744
Feb 199417114,20912.50$2,138
Jan 199417516,13312.66$2,216
Dec 1993012,57412.33$0
Nov 199316711,61314.49$2,420
Oct 199305,36915.85$0
Sep 199306,51115.03$0
Aug 199329911,06315.66$4,682
Jul 1993013,28615.46$0
Jun 199314013,36116.79$2,351
May 199315314,11217.68$2,705
Apr 199316012,20218.05$2,888
Mar 1993012,83318.14$0
Feb 199317711,91817.90$3,168
Jan 199306,84216.93$0

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.

Mar 2009 — as filed, then multipliedworked
Condensate             0 bbl  × $ 42.14 =         $0
Gas                   17 Mcf  × $  4.06 =        $69

────────────────────────────────────────────────────
Month total                                      $69

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. 04/G/102671 is the state's own key, not one this site invented.