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 115067District 04Field 93215400NGPA filingCondensateGasSaveExport
Value, all time
$245 k
Jan 1993 – Aug 2012
Value, last 12 filed months
$0
at the published price for each month
Months reported
236
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
CondensateDisposition5,114 bbl$82,945
GasProduction464,411 Mcf$162,416
Total$245,361

405,036 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 27.6425, -99.0622. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.64248, -99.06219 · 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
22.0 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 1990
1 of 1 wells
Plug dates filed
Aug 2012
1 of 1 wells

Last completion to plug: a median of 22.0 years across the 1 well that filed both dates, with the middle half between 22.0 years and 22.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-479339292310,500 ftAug 1990Aug 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 (236)

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

236 months

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 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
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 2002064017.172.38$1,520
Dec 2001058516.932.36$1,383
Nov 2001020718.072.41$498
Oct 2001028719.782.53$726
Sep 2001021524.262.25$484
Aug 2001013124.873.05$400
Jul 2001030723.933.20$982
Jun 2001012524.563.82$478
May 2001017225.524.31$741
Apr 2001012824.685.34$683
Mar 2001029124.545.38$1,565
Feb 2001031227.755.77$1,799
Jan 2001037027.478.40$3,108
Dec 2000037726.889.12$3,439
Nov 2000026232.215.66$1,482
Oct 2000030431.235.15$1,564
Sep 2000074731.875.19$3,874
Aug 200001,03229.644.54$4,686
Jul 2000054728.534.09$2,237
Jun 2000020929.304.40$919
May 2000048627.263.68$1,788
Apr 2000056024.513.12$1,745
Mar 2000051128.422.86$1,461
Feb 2000048427.622.73$1,320
Jan 2000087725.272.48$2,175
Dec 1999087824.282.42$2,128
Nov 1999092923.192.43$2,261
Oct 1999074820.982.80$2,097
Sep 1999086221.752.62$2,257
Aug 1999075219.262.88$2,162
Jul 19996892717.892.37$3,416
Jun 1999701,18115.942.36$3,905
May 19997294515.792.32$3,330
Apr 19999387015.102.21$3,325
Mar 19998262012.471.84$2,162
Feb 1999425859.981.82$1,483
Jan 19997458410.381.90$1,878
Dec 199865269.201.77$988
Nov 19981150210.892.19$1,217
Oct 19981780012.421.97$1,787
Sep 19983785512.592.08$2,246
Aug 199801,31311.301.91$2,504
Jul 199801,20511.742.24$2,696
Jun 199801,26411.242.24$2,828
May 199801,43512.622.21$3,166
Apr 199801,51613.042.51$3,798
Mar 199801,62912.802.31$3,762
Feb 199801,42113.952.30$3,267
Jan 199801,76314.702.15$3,799
Dec 199701,76116.322.41$4,246
Nov 199701,82718.193.09$5,642
Oct 199701,71619.253.15$5,405
Sep 199701,61417.742.95$4,769
Aug 199702,24517.862.55$5,735
Jul 1997172,13217.582.25$5,089
Jun 199702,33017.242.26$5,259
May 199741,61018.972.31$3,793
Apr 199722,08517.882.08$4,378
Mar 199731,86718.951.94$3,677
Feb 1997401,21820.492.21$3,506
Jan 19971084,69423.483.54$19,151
Dec 199632,99023.32$70
Nov 199642,86621.97$88
Oct 199642,80123.31$93
Sep 199633,25322.22$67
Aug 1996632,79320.26$1,276
Jul 199636,38819.55$59
Jun 199611410,99118.73$2,135
May 199612711,46819.43$2,468
Apr 19961211,99121.51$258
Mar 199611011,78319.38$2,132
Feb 19961328,01116.98$2,241
Jan 19961289,10017.07$2,185
Dec 199514310,09117.19$2,458
Nov 199521310,20216.00$3,408
Oct 199517110,74415.43$2,639
Sep 199513711,71516.18$2,217
Aug 19951499,88015.92$2,372
Jul 1995104,84815.24$152
Jun 1995864,96716.41$1,411
May 199554,08217.56$88
Apr 1995603,21517.73$1,064
Mar 199523,77716.44$33
Feb 199503,34716.58$0
Jan 199503,59015.92$0
Dec 199403,18815.03$0
Nov 199404,23115.90$0
Oct 199403,99515.58$0
Sep 199403,97015.29$0
Aug 1994968,73616.13$1,548
Jul 199413113,81817.56$2,300
Jun 19941437,77817.09$2,444
May 19941386,01815.88$2,191
Apr 1994510,98414.14$71
Mar 19941299,24012.46$1,607
Feb 199412910,31412.50$1,613
Jan 1994615,07912.66$76
Dec 199330017,54312.33$3,699
Nov 199317312,72614.49$2,507
Oct 199305,01915.85$0
Sep 199314211,42815.03$2,134
Aug 199314010,50315.66$2,192
Jul 199314612,11115.46$2,257
Jun 199325310,42216.79$4,248
May 199324414,19317.68$4,314
Apr 1993011,18718.05$0
Mar 199317314,43218.14$3,138
Feb 199316512,35517.90$2,954
Jan 199317610,87316.93$2,980

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.

Jan 2002 — as filed, then multipliedworked
Condensate             0 bbl  × $ 17.17 =         $0
Gas                  640 Mcf  × $  2.38 =     $1,520

────────────────────────────────────────────────────
Month total                                   $1,520

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/115067 is the state's own key, not one this site invented.