O. LONGORIA ET AL GAS UNIT

Operated by CODY ENERGY LLC (P-5 164455) in the LOPEZ RANCH (VKSBG F1) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 134066District 04Field 548954802 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.2 M
Jan 1993 – Jan 2007
Value, last 12 filed months
$0
at the published price for each month
Months reported
169
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 6 leases and 6 wells, and the rule below applies to all of them.

Discovered
1984-07-10
as the register files it
Field class
Gas
the register's own label
Between wells
660 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 1998-01-06.

The Commission's schedule remark for this field reads: PER DOCKET #04-025597

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
High Cost Gas111993-12-31129635
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
CondensateDisposition23,994 bbl$400,497
GasProduction1,315,705 Mcf$824,885
Total$1,225,382

986,447 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 26.8820, -98.1896. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.88196, -98.18964 · 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
12,855 ft
1 wells filed one
Completion to plug
16.8 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 12,855 ft.

Completions filed
Mar 1990
1 of 1 wells
Plug dates filed
Jan 2007
1 of 1 wells

Last completion to plug: a median of 16.8 years across the 1 well that filed both dates, with the middle half between 16.8 years and 16.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-04730844112,855 ftMar 1990Jan 2007Yes

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 (169)

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

169 months

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 200404338.286.08$262
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 200304126.314.75$195
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 200306626.675.41$357
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 200207626.914.85$369
Nov 20020024.664.14$0
Oct 2002011726.464.23$495
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 2002010124.583.06$309
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 2002013123.653.51$460
Mar 200209722.003.10$301
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 200101516.932.36$35
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 200109224.262.25$207
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 2001122024.563.82$866
May 20010025.524.31$0
Apr 2001114324.685.34$788
Mar 200119824.545.38$551
Feb 2001122027.755.77$1,297
Jan 20010027.478.40$0
Dec 2000011226.889.12$1,022
Nov 2000121632.215.66$1,254
Oct 20000031.235.15$0
Sep 2000436031.875.19$1,995
Aug 2000815,23629.644.54$26,176
Jul 2000603,62628.534.09$16,541
Jun 2000583,29629.304.40$16,193
May 2000663,76727.263.68$15,661
Apr 2000693,74124.513.12$13,348
Mar 2000874,44328.422.86$15,178
Feb 2000773,82427.622.73$12,553
Jan 2000944,67125.272.48$13,962
Dec 19991014,11024.282.42$12,414
Nov 1999642,97723.192.43$8,730
Oct 19991386,20220.982.80$20,284
Sep 19991364,69921.752.62$15,264
Aug 19991676,12919.262.88$20,841
Jul 19991515,36517.892.37$15,429
Jun 19991735,71715.942.36$16,262
May 19991946,23715.792.32$17,539
Apr 19991775,75315.102.21$15,376
Mar 19991515,68112.471.84$12,327
Feb 19991856,9729.981.82$14,520
Jan 19992538,66010.381.90$19,080
Dec 19982358,2469.201.77$16,785
Nov 1998627,16810.892.19$16,342
Oct 19982329,50012.421.97$21,589
Sep 1998324,27812.592.08$9,312
Aug 1998647,89711.301.91$15,786
Jul 1998588,90211.742.24$20,597
Jun 1998378,56711.242.24$19,583
May 1998648,61212.622.21$19,809
Apr 19983289,16513.042.51$27,238
Mar 19983929,93612.802.31$27,964
Feb 19984378,47313.952.30$25,577
Jan 199847010,18314.702.15$28,851
Dec 199749610,55116.322.41$33,534
Nov 199766710,05818.193.09$43,194
Oct 199750210,51919.253.15$42,796
Sep 199717510,30417.742.95$33,552
Aug 1997010,93817.862.55$27,944
Jul 1997011,50617.582.25$25,853
Jun 1997011,68717.242.26$26,380
May 1997012,02918.972.31$27,769
Apr 19975017.882.08$89
Mar 199717912,42818.951.94$27,492
Feb 199717311,74420.492.21$29,451
Jan 199720013,31323.483.54$51,820
Dec 199619913,02423.32$4,641
Nov 199619712,87921.97$4,328
Oct 199621713,76423.31$5,058
Sep 199624413,68922.22$5,422
Aug 199626614,03020.26$5,389
Jul 199625514,35619.55$4,985
Jun 199626213,85118.73$4,907
May 199626813,90919.43$5,207
Apr 199629514,34221.51$6,345
Mar 199618615,49319.38$3,605
Feb 199616814,98916.98$2,853
Jan 199620616,97517.07$3,516
Dec 199520015,81617.19$3,438
Nov 199518815,62316.00$3,008
Oct 199514312,84315.43$2,206
Sep 19955716,03016.18$922
Aug 19956317,01515.92$1,003
Jul 19957018,04615.24$1,067
Jun 19957017,23316.41$1,149
May 19957517,93817.56$1,317
Apr 19958218,37917.73$1,454
Mar 199525519,88616.44$4,192
Feb 199523818,16316.58$3,946
Jan 199525819,58015.92$4,107
Dec 199429721,42015.03$4,464
Nov 199430721,80115.90$4,881
Oct 199432622,20415.58$5,079
Sep 199430821,81615.29$4,709
Aug 199428420,43316.13$4,581
Jul 199428019,75717.56$4,917
Jun 199432020,92717.09$5,469
May 199434722,07215.88$5,510
Apr 199437922,42814.14$5,359
Mar 199439923,51112.46$4,972
Feb 199426815,10212.50$3,350
Jan 199446425,95712.66$5,874
Dec 199369531,83112.33$8,569
Nov 199370633,52914.49$10,230
Oct 199350723,11915.85$8,036
Sep 199357122,56715.03$8,582
Aug 199380524,37115.66$12,606
Jul 199348528,65615.46$7,498
Jun 199344030,22716.79$7,388
May 199350231,89217.68$8,875
Apr 199349332,87218.05$8,899
Mar 199366031,02718.14$11,972
Feb 19931,32525,56317.90$23,718
Jan 19931,06535,51216.93$18,030

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.

Jul 2004 — as filed, then multipliedworked
Condensate             0 bbl  × $ 38.28 =         $0
Gas                   43 Mcf  × $  6.08 =       $262

────────────────────────────────────────────────────
Month total                                     $262

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/134066 is the state's own key, not one this site invented.