WEBB COUNTY SCHOOL LAND

Name: WEBB COUNTY SCHOOL LAND lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by LEWIS PETRO PROPERTIES, INC. (P-5 499978) in the OWEN (OLMOS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 117873District 04Field 67885400NGPA filingCondensateGasSave Export

Value, all time

$340 k

Jan 1993 – Aug 2011

Value, last 12 filed months

at the published price for each month

Months reported

224

no gaps in the span

Streams

condensate, gas

The OWEN (OLMOS) 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 811 leases and 811 wells, and the rule below applies to all of them.

Discovered

1971-11-11

as the register files it

Field class

Oil and gas

the register's own label

Between wells

0 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 2015-03-24.

The Commission's schedule remark for this field reads: “LATERALS. EFFECTIVE 3/24/15;”

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.

Programme	Filings	With an approval date	Dated	Docket
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	264 bbl	$11,825
Gas	Production	160,602 Mcf	$328,672
Total			$340,498

65,939 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 28.0456, -99.5052. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.04557, -99.50519 · 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%

1 of 1 wells

With a plug date

100.0%

1 of 1 wells

Median depth

7,380 ft

1 wells filed one

Completion to plug

26.0 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 7,380 ft.

Completions filed

Aug 1985

1 of 1 wells

Plug dates filed

Aug 2011

1 of 1 wells

Last completion to plug: a median of 26.0 years across the 1 well that filed both dates, with the middle half between 26.0 years and 26.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-47934206	24K	7,380 ft	Aug 1985	Aug 2011	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 (224)

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

224 months


Aug 2011	0	0	83.40	4.15	$0
Jul 2011	0	0	94.14	4.52	$0
Jun 2011	0	0	92.90	4.64	$0
May 2011	0	0	98.13	4.40	$0
Apr 2011	0	0	105.96	4.33	$0
Mar 2011	0	0	96.36	4.06	$0
Feb 2011	0	0	85.64	4.18	$0
Jan 2011	0	0	86.50	4.59	$0
Dec 2010	0	0	85.73	4.35	$0
Nov 2010	0	0	80.84	3.80	$0
Oct 2010	0	0	78.10	3.51	$0
Sep 2010	0	0	72.63	3.98	$0
Aug 2010	0	0	73.68	4.42	$0
Jul 2010	0	0	72.55	4.74	$0
Jun 2010	0	0	70.36	4.91	$0
May 2010	0	0	71.12	4.24	$0
Apr 2010	0	0	81.69	4.12	$0
Mar 2010	0	0	78.39	4.39	$0
Feb 2010	0	0	73.58	5.44	$0
Jan 2010	0	0	74.36	5.96	$0
Dec 2009	0	0	71.44	5.48	$0
Nov 2009	0	0	74.59	3.75	$0
Oct 2009	0	0	72.54	4.11	$0
Sep 2009	0	0	65.54	3.06	$0
Aug 2009	0	0	67.42	3.22	$0
Jul 2009	0	0	61.13	3.46	$0
Jun 2009	0	0	66.16	3.90	$0
May 2009	0	0	54.74	3.93	$0
Apr 2009	0	0	46.77	3.59	$0
Mar 2009	0	0	42.14	4.06	$0
Feb 2009	0	0	32.81	4.63	$0
Jan 2009	0	0	35.86	5.37	$0
Dec 2008	0	0	37.10	5.98	$0
Nov 2008	0	0	55.49	6.86	$0
Oct 2008	0	0	75.24	6.92	$0
Sep 2008	0	0	101.76	7.88	$0
Aug 2008	0	0	114.22	8.48	$0
Jul 2008	0	0	131.08	11.39	$0
Jun 2008	0	0	131.33	13.03	$0
May 2008	0	0	123.17	11.57	$0
Apr 2008	0	0	110.31	10.45	$0
Mar 2008	0	0	101.90	9.66	$0
Feb 2008	0	0	92.53	8.77	$0
Jan 2008	0	0	90.38	8.21	$0
Dec 2007	0	0	88.33	7.30	$0
Nov 2007	0	0	91.67	7.29	$0
Oct 2007	0	0	82.85	6.92	$0
Sep 2007	0	0	75.84	6.24	$0
Aug 2007	0	0	69.06	6.39	$0
Jul 2007	0	0	70.90	6.39	$0
Jun 2007	0	0	62.00	7.55	$0
May 2007	0	0	58.74	7.85	$0
Apr 2007	0	0	59.61	7.81	$0
Mar 2007	0	0	56.92	7.30	$0
Feb 2007	0	0	55.10	8.22	$0
Jan 2007	0	0	50.30	6.73	$0
Dec 2006	2	0	56.65	6.92	$113
Nov 2006	0	0	54.20	7.62	$0
Oct 2006	0	0	54.90	6.01	$0
Sep 2006	0	0	60.08	5.04	$0
Aug 2006	0	0	68.71	7.34	$0
Jul 2006	123	0	69.37	6.34	$8,533
Jun 2006	0	0	66.28	6.38	$0
May 2006	0	0	66.01	6.42	$0
Apr 2006	0	0	64.39	7.36	$0
Mar 2006	0	0	56.70	7.08	$0
Feb 2006	0	0	57.59	7.75	$0
Jan 2006	0	0	60.59	8.93	$0
Dec 2005	0	0	54.94	13.42	$0
Nov 2005	0	0	54.69	10.59	$0
Oct 2005	0	0	58.34	13.80	$0
Sep 2005	0	0	61.45	12.08	$0
Aug 2005	0	0	61.51	9.80	$0
Jul 2005	0	0	55.69	7.84	$0
Jun 2005	0	0	52.33	7.38	$0
May 2005	0	0	45.22	6.65	$0
Apr 2005	0	0	49.20	7.36	$0
Mar 2005	0	0	50.37	7.15	$0
Feb 2005	0	0	45.22	6.31	$0
Jan 2005	0	0	43.16	6.32	$0
Dec 2004	0	0	39.86	6.75	$0
Nov 2004	0	0	45.28	6.33	$0
Oct 2004	0	0	49.70	6.52	$0
Sep 2004	0	0	43.24	5.28	$0
Aug 2004	0	0	42.37	5.55	$0
Jul 2004	0	0	38.28	6.08	$0
Jun 2004	0	0	36.10	6.43	$0
May 2004	0	0	37.48	6.49	$0
Apr 2004	0	0	34.47	5.86	$0
Mar 2004	0	0	34.36	5.53	$0
Feb 2004	0	0	32.45	5.51	$0
Jan 2004	0	386	32.03	6.30	$2,432
Dec 2003	0	106	30.26	6.30	$668
Nov 2003	0	1,037	28.80	4.60	$4,765
Oct 2003	0	1,071	28.17	4.76	$5,098
Sep 2003	0	1,192	26.31	4.75	$5,661
Aug 2003	0	1,197	29.76	5.13	$6,140
Jul 2003	0	1,175	29.41	5.17	$6,076
Jun 2003	0	1,119	28.56	5.98	$6,695
May 2003	0	1,211	26.59	5.97	$7,233
Apr 2003	0	1,193	26.67	5.41	$6,451
Mar 2003	51	1,258	31.14	6.10	$9,257
Feb 2003	0	1,072	33.48	7.93	$8,497
Jan 2003	0	1,225	30.31	5.58	$6,838
Dec 2002	0	1,116	26.91	4.85	$5,417
Nov 2002	0	1,127	24.66	4.14	$4,662
Oct 2002	0	972	26.46	4.23	$4,111
Sep 2002	0	972	27.44	3.64	$3,533
Aug 2002	0	1,044	25.96	3.16	$3,303
Jul 2002	0	1,098	24.58	3.06	$3,362
Jun 2002	0	1,122	23.73	3.34	$3,746
May 2002	0	989	24.66	3.58	$3,545
Apr 2002	0	945	23.65	3.51	$3,319
Mar 2002	0	1,020	22.00	3.10	$3,165
Feb 2002	0	975	18.22	2.38	$2,316
Jan 2002	0	1,120	17.17	2.38	$2,661
Dec 2001	0	1,077	16.93	2.36	$2,546
Nov 2001	0	954	18.07	2.41	$2,295
Oct 2001	0	1,184	19.78	2.53	$2,994
Sep 2001	0	1,096	24.26	2.25	$2,467
Aug 2001	0	1,195	24.87	3.05	$3,649
Jul 2001	0	1,174	23.93	3.20	$3,753
Jun 2001	0	1,200	24.56	3.82	$4,589
May 2001	0	1,223	25.52	4.31	$5,268
Apr 2001	0	1,206	24.68	5.34	$6,434
Mar 2001	0	1,036	24.54	5.38	$5,570
Feb 2001	0	982	27.75	5.77	$5,663
Jan 2001	0	1,115	27.47	8.40	$9,365
Dec 2000	0	1,031	26.88	9.12	$9,405
Nov 2000	0	968	32.21	5.66	$5,477
Oct 2000	0	1,079	31.23	5.15	$5,552
Sep 2000	0	1,033	31.87	5.19	$5,358
Aug 2000	0	1,125	29.64	4.54	$5,108
Jul 2000	0	1,015	28.53	4.09	$4,151
Jun 2000	0	1,072	29.30	4.40	$4,714
May 2000	0	1,052	27.26	3.68	$3,871
Apr 2000	0	1,049	24.51	3.12	$3,269
Mar 2000	0	1,065	28.42	2.86	$3,046
Feb 2000	0	996	27.62	2.73	$2,716
Jan 2000	0	1,075	25.27	2.48	$2,667
Dec 1999	0	1,055	24.28	2.42	$2,557
Nov 1999	0	1,048	23.19	2.43	$2,551
Oct 1999	0	996	20.98	2.80	$2,793
Sep 1999	0	966	21.75	2.62	$2,530
Aug 1999	0	877	19.26	2.88	$2,522
Jul 1999	0	1,027	17.89	2.37	$2,436
Jun 1999	0	1,093	15.94	2.36	$2,582
May 1999	0	1,037	15.79	2.32	$2,407
Apr 1999	0	1,049	15.10	2.21	$2,316
Mar 1999	0	1,035	12.47	1.84	$1,903
Feb 1999	0	978	9.98	1.82	$1,778
Jan 1999	0	1,068	10.38	1.90	$2,029
Dec 1998	0	1,059	9.20	1.77	$1,878
Nov 1998	0	938	10.89	2.19	$2,050
Oct 1998	0	994	12.42	1.97	$1,957
Sep 1998	0	1,082	12.59	2.08	$2,253
Aug 1998	0	1,207	11.30	1.91	$2,302
Jul 1998	0	1,222	11.74	2.24	$2,734
Jun 1998	0	1,138	11.24	2.24	$2,546
May 1998	0	1,364	12.62	2.21	$3,009
Apr 1998	0	1,272	13.04	2.51	$3,187
Mar 1998	0	1,283	12.80	2.31	$2,963
Feb 1998	0	1,150	13.95	2.30	$2,644
Jan 1998	0	1,434	14.70	2.15	$3,090
Dec 1997	0	1,348	16.32	2.41	$3,250
Nov 1997	0	1,346	18.19	3.09	$4,157
Oct 1997	0	1,331	19.25	3.15	$4,192
Sep 1997	0	1,180	17.74	2.95	$3,487
Aug 1997	0	1,464	17.86	2.55	$3,740
Jul 1997	0	1,372	17.58	2.25	$3,083
Jun 1997	0	1,320	17.24	2.26	$2,980
May 1997	0	1,460	18.97	2.31	$3,370
Apr 1997	0	1,388	17.88	2.08	$2,891
Mar 1997	0	1,467	18.95	1.94	$2,845
Feb 1997	0	1,342	20.49	2.21	$2,960
Jan 1997	0	1,529	23.48	3.54	$5,412
Dec 1996	0	1,451	23.32	—	$0
Nov 1996	0	1,298	21.97	—	$0
Oct 1996	0	1,531	23.31	—	$0
Sep 1996	0	1,553	22.22	—	$0
Aug 1996	0	1,676	20.26	—	$0
Jul 1996	0	1,680	19.55	—	$0
Jun 1996	0	1,541	18.73	—	$0
May 1996	0	1,510	19.43	—	$0
Apr 1996	0	1,579	21.51	—	$0
Mar 1996	0	1,575	19.38	—	$0
Feb 1996	0	1,726	16.98	—	$0
Jan 1996	0	1,847	17.07	—	$0
Dec 1995	0	1,869	17.19	—	$0
Nov 1995	0	924	16.00	—	$0
Oct 1995	0	1,170	15.43	—	$0
Sep 1995	0	1,135	16.18	—	$0
Aug 1995	0	1,165	15.92	—	$0
Jul 1995	0	1,000	15.24	—	$0
Jun 1995	0	1,156	16.41	—	$0
May 1995	0	1,173	17.56	—	$0
Apr 1995	0	1,396	17.73	—	$0
Mar 1995	0	1,100	16.44	—	$0
Feb 1995	0	995	16.58	—	$0
Jan 1995	0	1,088	15.92	—	$0
Dec 1994	0	1,069	15.03	—	$0
Nov 1994	0	1,126	15.90	—	$0
Oct 1994	0	1,300	15.58	—	$0
Sep 1994	0	1,192	15.29	—	$0
Aug 1994	0	1,169	16.13	—	$0
Jul 1994	0	1,441	17.56	—	$0
Jun 1994	0	1,123	17.09	—	$0
May 1994	0	1,371	15.88	—	$0
Apr 1994	0	1,389	14.14	—	$0
Mar 1994	0	1,474	12.46	—	$0
Feb 1994	0	1,433	12.50	—	$0
Jan 1994	0	1,695	12.66	—	$0
Dec 1993	0	1,462	12.33	—	$0
Nov 1993	1	1,062	14.49	—	$14
Oct 1993	0	1,318	15.85	—	$0
Sep 1993	0	1,215	15.03	—	$0
Aug 1993	0	1,307	15.66	—	$0
Jul 1993	0	1,460	15.46	—	$0
Jun 1993	1	1,417	16.79	—	$17
May 1993	0	1,717	17.68	—	$0
Apr 1993	0	1,740	18.05	—	$0
Mar 1993	86	1,587	18.14	—	$1,560
Feb 1993	0	1,202	17.90	—	$0
Jan 1993	0	1,532	16.93	—	$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.

Dec 2006 — as filed, then multipliedworked

Condensate             2 bbl  × $ 56.65 =       $113
Gas                    0 Mcf  × $  6.92 =         $0

────────────────────────────────────────────────────
Month total                                     $113

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/117873 is the state's own key, not one this site invented.