LOMA BLANCA

Operated by MAGNUM PRODUCING, LP (P-5 521516) in the LA GLORIA (LOUELLA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 121227District 04Field 50744670NGPA filingCondensateGasSaveExport
Value, all time
$95 k
Jan 1993 – Dec 2007
Value, last 12 filed months
$0
at the published price for each month
Months reported
180
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 5 leases and 5 wells, and the rule below applies to all of them.

Discovered
1975-06-03
as the register files it
Field class
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: ALLOC. FORMU. SUSP. ADMIN. EFF 6-1-94.

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
CondensateDisposition534 bbl$8,553
GasProduction94,665 Mcf$86,628
Total$95,182

63,967 Mcf of this lease's gas, across 35 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 27.2123, -98.1411. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.21232, -98.14111 · 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
18.1 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
Dec 1985
1 of 1 wells
Plug dates filed
Jan 2004
1 of 1 wells

Last completion to plug: a median of 18.1 years across the 1 well that filed both dates, with the middle half between 18.1 years and 18.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-04731463110,500 ftDec 1985Jan 2004Yes

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 (180)

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

180 months

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 200304833.487.93$380
Jan 2003019330.315.58$1,077
Dec 2002017926.914.85$869
Nov 20020024.664.14$0
Oct 200207926.464.23$334
Sep 2002012727.443.64$462
Aug 2002318725.963.16$670
Jul 2002015724.583.06$481
Jun 2002018723.733.34$624
May 2002016024.663.58$573
Apr 2002021723.653.51$762
Mar 2002023122.003.10$717
Feb 2002069018.222.38$1,639
Jan 2002071517.172.38$1,699
Dec 2001017516.932.36$414
Nov 2001029018.072.41$698
Oct 2001029019.782.53$733
Sep 2001023124.262.25$520
Aug 2001012624.873.05$385
Jul 2001012723.933.20$406
Jun 200105324.563.82$203
May 2001012525.524.31$538
Apr 2001027124.685.34$1,446
Mar 2001022024.545.38$1,183
Feb 2001034427.755.77$1,984
Jan 2001012927.478.40$1,083
Dec 2000012326.889.12$1,122
Nov 2000022432.215.66$1,267
Oct 2000029631.235.15$1,523
Sep 2000025931.875.19$1,343
Aug 2000016729.644.54$758
Jul 2000027928.534.09$1,141
Jun 2000038029.304.40$1,671
May 2000037527.263.68$1,380
Apr 2000039024.513.12$1,215
Mar 2000037428.422.86$1,070
Feb 2000045427.622.73$1,238
Jan 2000026825.272.48$665
Dec 1999027224.282.42$659
Nov 1999010523.192.43$256
Oct 1999041220.982.80$1,155
Sep 1999040821.752.62$1,068
Aug 1999040319.262.88$1,159
Jul 1999051717.892.37$1,227
Jun 1999041215.942.36$973
May 1999055015.792.32$1,277
Apr 1999039415.102.21$870
Mar 1999041112.471.84$756
Feb 199903219.981.82$584
Jan 1999016810.381.90$319
Dec 199803149.201.77$557
Nov 1998036810.892.19$804
Oct 1998039112.421.97$770
Sep 1998047612.592.08$991
Aug 1998050411.301.91$961
Jul 1998057911.742.24$1,295
Jun 1998054911.242.24$1,228
May 1998070612.622.21$1,558
Apr 1998054713.042.51$1,370
Mar 1998048812.802.31$1,127
Feb 1998043213.952.30$993
Jan 1998040114.702.15$864
Dec 1997041316.322.41$996
Nov 1997069118.193.09$2,134
Oct 1997077619.253.15$2,444
Sep 1997098517.742.95$2,911
Aug 1997087417.862.55$2,233
Jul 1997065417.582.25$1,470
Jun 1997062217.242.26$1,404
May 1997098918.972.31$2,283
Apr 199701,10917.882.08$2,310
Mar 199701,32418.951.94$2,567
Feb 199701,30020.492.21$2,868
Jan 199701,69323.483.54$5,993
Dec 199602,04023.32$0
Nov 199601,93221.97$0
Oct 199602,99223.31$0
Sep 199604,03122.22$0
Aug 199602,55520.26$0
Jul 1996059419.55$0
Jun 199601,06818.73$0
May 199603,65519.43$0
Apr 199601,66921.51$0
Mar 1996942,81619.38$1,822
Feb 19960016.98$0
Jan 19960017.07$0
Dec 19950017.19$0
Nov 19950016.00$0
Oct 19950015.43$0
Sep 19950016.18$0
Aug 19950015.92$0
Jul 19950015.24$0
Jun 19950016.41$0
May 19950017.56$0
Apr 19950017.73$0
Mar 19950016.44$0
Feb 19950016.58$0
Jan 1995337315.92$48
Dec 1994036015.03$0
Nov 1994643315.90$95
Oct 1994449415.58$62
Sep 1994254415.29$31
Aug 199401,01216.13$0
Jul 199401,13417.56$0
Jun 199402,69917.09$0
May 1994046815.88$0
Apr 1994063514.14$0
Mar 199420087912.46$2,492
Feb 1994086812.50$0
Jan 199403,78912.66$0
Dec 199303,84912.33$0
Nov 1993089214.49$0
Oct 199301,43115.85$0
Sep 199301,27315.03$0
Aug 199303,98415.66$0
Jul 199301,21315.46$0
Jun 199301,66916.79$0
May 19932211,96417.68$3,907
Apr 199301,42918.05$0
Mar 199314,66718.14$18
Feb 199302,86117.90$0
Jan 199301,69516.93$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.

Feb 2003 — as filed, then multipliedworked
Condensate             0 bbl  × $ 33.48 =         $0
Gas                   48 Mcf  × $  7.93 =       $380

────────────────────────────────────────────────────
Month total                                     $380

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/121227 is the state's own key, not one this site invented.