LUNDELL

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

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 118543District 04Field 93215400NGPA filingCondensateGasSave Export

Value, all time

$1.7 M

Jan 1993 – Jul 2012

Value, last 12 filed months

at the published price for each month

Months reported

235

no gaps in the span

Streams

condensate, gas

The VAQUILLAS RANCH (LOBO CONS.) 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 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.

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	12,941 bbl	$220,640
Gas	Production	1,938,589 Mcf	$1,501,589
Total			$1,722,229

1,400,560 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 27.6859, -99.0630. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.68589, -99.06304 · 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

10,000 ft

1 wells filed one

Completion to plug

26.8 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 10,000 ft.

Completions filed

Oct 1985

1 of 1 wells

Plug dates filed

Jul 2012

1 of 1 wells

Last completion to plug: a median of 26.8 years across the 1 well that filed both dates, with the middle half between 26.8 years and 26.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-47934192	48	10,000 ft	Oct 1985	Jul 2012	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 (235)

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

235 months


Jul 2012	0	0	85.13	3.02	$0
Jun 2012	0	0	79.82	2.52	$0
May 2012	0	0	91.61	2.49	$0
Apr 2012	0	0	101.65	2.00	$0
Mar 2012	0	0	105.05	2.22	$0
Feb 2012	0	0	101.10	2.57	$0
Jan 2012	0	0	98.09	2.73	$0
Dec 2011	0	0	96.87	3.24	$0
Nov 2011	0	0	95.72	3.31	$0
Oct 2011	0	0	84.98	3.65	$0
Sep 2011	0	0	83.62	3.99	$0
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	2	82.85	6.92	$14
Sep 2007	0	66	75.84	6.24	$412
Aug 2007	0	89	69.06	6.39	$569
Jul 2007	0	90	70.90	6.39	$575
Jun 2007	0	86	62.00	7.55	$649
May 2007	0	109	58.74	7.85	$855
Apr 2007	0	105	59.61	7.81	$820
Mar 2007	0	120	56.92	7.30	$876
Feb 2007	0	68	55.10	8.22	$559
Jan 2007	0	157	50.30	6.73	$1,056
Dec 2006	0	1	56.65	6.92	$7
Nov 2006	0	156	54.20	7.62	$1,188
Oct 2006	0	144	54.90	6.01	$866
Sep 2006	0	288	60.08	5.04	$1,451
Aug 2006	0	11	68.71	7.34	$81
Jul 2006	0	97	69.37	6.34	$615
Jun 2006	0	117	66.28	6.38	$747
May 2006	0	0	66.01	6.42	$0
Apr 2006	0	0	64.39	7.36	$0
Mar 2006	0	89	56.70	7.08	$630
Feb 2006	0	24	57.59	7.75	$186
Jan 2006	0	91	60.59	8.93	$813
Dec 2005	0	132	54.94	13.42	$1,771
Nov 2005	0	138	54.69	10.59	$1,461
Oct 2005	0	147	58.34	13.80	$2,028
Sep 2005	0	62	61.45	12.08	$749
Aug 2005	0	230	61.51	9.80	$2,253
Jul 2005	0	61	55.69	7.84	$478
Jun 2005	0	193	52.33	7.38	$1,425
May 2005	0	660	45.22	6.65	$4,390
Apr 2005	0	2,052	49.20	7.36	$15,104
Mar 2005	0	3,672	50.37	7.15	$26,273
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	0	32.03	6.30	$0
Dec 2003	0	0	30.26	6.30	$0
Nov 2003	0	36	28.80	4.60	$165
Oct 2003	0	125	28.17	4.76	$595
Sep 2003	0	0	26.31	4.75	$0
Aug 2003	0	0	29.76	5.13	$0
Jul 2003	0	0	29.41	5.17	$0
Jun 2003	0	0	28.56	5.98	$0
May 2003	0	0	26.59	5.97	$0
Apr 2003	0	23	26.67	5.41	$124
Mar 2003	0	72	31.14	6.10	$439
Feb 2003	0	4	33.48	7.93	$32
Jan 2003	0	0	30.31	5.58	$0
Dec 2002	0	994	26.91	4.85	$4,825
Nov 2002	0	1,198	24.66	4.14	$4,956
Oct 2002	0	0	26.46	4.23	$0
Sep 2002	0	1	27.44	3.64	$4
Aug 2002	0	97	25.96	3.16	$307
Jul 2002	0	0	24.58	3.06	$0
Jun 2002	1	135	23.73	3.34	$474
May 2002	0	3	24.66	3.58	$11
Apr 2002	1	4	23.65	3.51	$38
Mar 2002	8	651	22.00	3.10	$2,196
Feb 2002	3	227	18.22	2.38	$594
Jan 2002	1	86	17.17	2.38	$221
Dec 2001	3	174	16.93	2.36	$462
Nov 2001	2	41	18.07	2.41	$135
Oct 2001	2	217	19.78	2.53	$588
Sep 2001	5	500	24.26	2.25	$1,247
Aug 2001	4	455	24.87	3.05	$1,489
Jul 2001	5	674	23.93	3.20	$2,274
Jun 2001	8	948	24.56	3.82	$3,822
May 2001	9	738	25.52	4.31	$3,408
Apr 2001	45	1,882	24.68	5.34	$11,152
Mar 2001	10	421	24.54	5.38	$2,509
Feb 2001	18	726	27.75	5.77	$4,686
Jan 2001	55	2,319	27.47	8.40	$20,988
Dec 2000	65	2,804	26.88	9.12	$27,327
Nov 2000	78	4,270	32.21	5.66	$26,672
Oct 2000	108	5,941	31.23	5.15	$33,942
Sep 2000	0	6,298	31.87	5.19	$32,665
Aug 2000	0	7,742	29.64	4.54	$35,154
Jul 2000	0	8,754	28.53	4.09	$35,802
Jun 2000	0	6,391	29.30	4.40	$28,103
May 2000	0	7,804	27.26	3.68	$28,717
Apr 2000	0	7,384	24.51	3.12	$23,009
Mar 2000	0	7,838	28.42	2.86	$22,415
Feb 2000	0	6,567	27.62	2.73	$17,905
Jan 2000	0	8,965	25.27	2.48	$22,238
Dec 1999	5	9,049	24.28	2.42	$22,054
Nov 1999	112	8,055	23.19	2.43	$22,203
Oct 1999	118	8,552	20.98	2.80	$26,453
Sep 1999	112	8,396	21.75	2.62	$24,424
Aug 1999	135	10,299	19.26	2.88	$32,216
Jul 1999	117	9,286	17.89	2.37	$24,123
Jun 1999	23	6,616	15.94	2.36	$15,994
May 1999	39	8,249	15.79	2.32	$19,762
Apr 1999	63	10,524	15.10	2.21	$24,189
Mar 1999	68	9,182	12.47	1.84	$17,728
Feb 1999	37	5,008	9.98	1.82	$9,473
Jan 1999	33	5,097	10.38	1.90	$10,027
Dec 1998	43	6,347	9.20	1.77	$11,651
Nov 1998	58	7,435	10.89	2.19	$16,882
Oct 1998	94	10,162	12.42	1.97	$21,179
Sep 1998	304	9,183	12.59	2.08	$22,952
Aug 1998	0	10,891	11.30	1.91	$20,773
Jul 1998	0	12,804	11.74	2.24	$28,646
Jun 1998	0	13,735	11.24	2.24	$30,729
May 1998	156	13,736	12.62	2.21	$32,275
Apr 1998	0	15,328	13.04	2.51	$38,402
Mar 1998	0	14,671	12.80	2.31	$33,882
Feb 1998	159	12,142	13.95	2.30	$30,134
Jan 1998	0	14,575	14.70	2.15	$31,406
Dec 1997	162	14,928	16.32	2.41	$38,637
Nov 1997	0	14,962	18.19	3.09	$46,207
Oct 1997	0	15,417	19.25	3.15	$48,561
Sep 1997	156	15,330	17.74	2.95	$48,066
Aug 1997	0	15,714	17.86	2.55	$40,145
Jul 1997	146	17,514	17.58	2.25	$41,920
Jun 1997	0	16,811	17.24	2.26	$37,946
May 1997	173	16,779	18.97	2.31	$42,016
Apr 1997	2	16,255	17.88	2.08	$33,891
Mar 1997	173	18,177	18.95	1.94	$38,526
Feb 1997	180	15,161	20.49	2.21	$37,132
Jan 1997	85	18,893	23.48	3.54	$68,871
Dec 1996	184	20,362	23.32	—	$4,291
Nov 1996	3	20,745	21.97	—	$66
Oct 1996	186	21,179	23.31	—	$4,336
Sep 1996	181	21,114	22.22	—	$4,022
Aug 1996	3	21,743	20.26	—	$61
Jul 1996	177	21,574	19.55	—	$3,460
Jun 1996	3	21,132	18.73	—	$56
May 1996	182	21,935	19.43	—	$3,536
Apr 1996	183	21,584	21.51	—	$3,936
Mar 1996	188	22,528	19.38	—	$3,643
Feb 1996	12	20,164	16.98	—	$204
Jan 1996	190	21,782	17.07	—	$3,243
Dec 1995	180	22,791	17.19	—	$3,094
Nov 1995	185	23,062	16.00	—	$2,960
Oct 1995	185	23,826	15.43	—	$2,855
Sep 1995	8	24,002	16.18	—	$129
Aug 1995	185	25,020	15.92	—	$2,945
Jul 1995	180	25,208	15.24	—	$2,743
Jun 1995	182	24,767	16.41	—	$2,987
May 1995	182	26,772	17.56	—	$3,196
Apr 1995	181	26,706	17.73	—	$3,209
Mar 1995	181	28,267	16.44	—	$2,976
Feb 1995	181	26,237	16.58	—	$3,001
Jan 1995	185	29,655	15.92	—	$2,945
Dec 1994	180	30,609	15.03	—	$2,705
Nov 1994	184	29,624	15.90	—	$2,926
Oct 1994	184	31,009	15.58	—	$2,867
Sep 1994	178	30,639	15.29	—	$2,722
Aug 1994	353	32,517	16.13	—	$5,694
Jul 1994	173	33,713	17.56	—	$3,038
Jun 1994	105	33,308	17.09	—	$1,794
May 1994	179	28,561	15.88	—	$2,843
Apr 1994	319	29,819	14.14	—	$4,511
Mar 1994	182	32,134	12.46	—	$2,268
Feb 1994	347	28,300	12.50	—	$4,338
Jan 1994	143	33,333	12.66	—	$1,810
Dec 1993	350	36,023	12.33	—	$4,316
Nov 1993	178	35,337	14.49	—	$2,579
Oct 1993	356	38,035	15.85	—	$5,643
Sep 1993	171	34,455	15.03	—	$2,570
Aug 1993	328	38,234	15.66	—	$5,136
Jul 1993	359	38,610	15.46	—	$5,550
Jun 1993	179	36,672	16.79	—	$3,005
May 1993	363	37,146	17.68	—	$6,418
Apr 1993	359	39,253	18.05	—	$6,480
Mar 1993	363	44,852	18.14	—	$6,585
Feb 1993	350	40,584	17.90	—	$6,265
Jan 1993	367	45,638	16.93	—	$6,213

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.

Oct 2007 — as filed, then multipliedworked

Condensate             0 bbl  × $ 82.85 =         $0
Gas                    2 Mcf  × $  6.92 =        $14

────────────────────────────────────────────────────
Month total                                      $14

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/118543 is the state's own key, not one this site invented.