51 PENN

Operated by L.O.G. ENERGY EXPLORATION, LTD. (P-5 480181) in the THOMPSONVILLE, NE. (13700) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 177792District 04Field 895468752 tax incentive programmesGasSaveExport
Value, all time
$3.8 M
Jan 2000 – May 2017
Value, last 12 filed months
$0
at the published price for each month
Months reported
209
no gaps in the span
Streams
1
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 21 leases and 21 wells, and the rule below applies to all of them.

Discovered
1968-07-16
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: AOF-1 AND AOF-2 EFFECTIVE 02/01/2000.

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 Gas112004-02-06155131
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
GasProduction836,899 Mcf$3,779,321
Total$3,779,321

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 27.1927, -98.9147. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.19274, -98.91470 · 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
15,588 ft
1 wells filed one
Completion to plug
16.9 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 15,588 ft.

Completions filed
Jun 2000
1 of 1 wells
Plug dates filed
May 2017
1 of 1 wells

Last completion to plug: a median of 16.9 years across the 1 well that filed both dates, with the middle half between 16.9 years and 16.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-24732132115,588 ftJun 2000May 2017Yes

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 (209)

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

209 months

May 2017045.373.26$0
Apr 2017047.933.21$0
Mar 2017046.772.98$0
Feb 2017050.452.95$0
Jan 2017049.413.42$0
Dec 2016048.763.72$0
Nov 2016042.492.64$0
Oct 2016046.193.09$0
Sep 2016041.553.10$0
Aug 2016041.442.92$0
Jul 2016041.622.92$0
Jun 2016045.352.69$0
May 2016042.521.99$0
Apr 2016036.561.99$0
Mar 2016033.011.79$0
Feb 2016026.472.06$0
Jan 2016027.352.36$0
Dec 2015032.362.00$0
Nov 2015038.792.17$0
Oct 2015043.552.43$0
Sep 2015042.992.76$0
Aug 2015040.162.87$0
Jul 2015048.152.95$0
Jun 2015056.152.88$0
May 2015055.212.96$0
Apr 2015049.822.71$0
Mar 2015042.892.93$0
Feb 2015044.662.98$0
Jan 2015043.433.10$0
Dec 2014054.693.59$0
Nov 2014070.464.25$0
Oct 2014078.303.90$0
Sep 2014086.164.05$0
Aug 2014089.394.04$0
Jul 2014096.564.18$0
Jun 2014098.164.74$0
May 2014094.734.73$0
Apr 2014095.944.81$0
Mar 2014095.895.06$0
Feb 2014097.406.19$0
Jan 2014090.404.86$0
Dec 2013091.824.35$0
Nov 2013088.853.74$0
Oct 2013097.423.78$0
Sep 20130104.113.72$0
Aug 20130104.253.52$0
Jul 20130102.523.72$0
Jun 2013094.403.93$0
May 2013094.834.15$0
Apr 2013093.964.28$0
Mar 2013093.623.91$0
Feb 2013091.233.42$0
Jan 2013091.603.42$0
Dec 2012086.773.42$0
Nov 2012086.953.62$0
Oct 2012089.383.40$0
Sep 2012094.672.92$0
Aug 2012092.662.91$0
Jul 2012085.133.02$0
Jun 2012079.822.52$0
May 2012091.612.49$0
Apr 20120101.652.00$0
Mar 20120105.052.22$0
Feb 20120101.102.57$0
Jan 2012098.092.73$0
Dec 2011096.873.24$0
Nov 2011095.723.31$0
Oct 2011084.983.65$0
Sep 201145583.623.99$1,814
Aug 20111,55883.404.15$6,465
Jul 20112,28794.144.52$10,331
Jun 201170292.904.64$3,257
May 20112,08998.134.40$9,202
Apr 20110105.964.33$0
Mar 2011096.364.06$0
Feb 2011085.644.18$0
Jan 2011086.504.59$0
Dec 2010085.734.35$0
Nov 2010080.843.80$0
Oct 2010078.103.51$0
Sep 2010072.633.98$0
Aug 2010073.684.42$0
Jul 2010072.554.74$0
Jun 2010070.364.91$0
May 2010071.124.24$0
Apr 2010081.694.12$0
Mar 2010078.394.39$0
Feb 2010073.585.44$0
Jan 2010074.365.96$0
Dec 2009071.445.48$0
Nov 2009074.593.75$0
Oct 2009072.544.11$0
Sep 2009065.543.06$0
Aug 2009067.423.22$0
Jul 2009061.133.46$0
Jun 2009066.163.90$0
May 2009054.743.93$0
Apr 2009046.773.59$0
Mar 200918242.144.06$739
Feb 2009032.814.63$0
Jan 20097335.865.37$392
Dec 200821937.105.98$1,309
Nov 200820055.496.86$1,372
Oct 200853075.246.92$3,669
Sep 2008534101.767.88$4,206
Aug 2008511114.228.48$4,335
Jul 2008333131.0811.39$3,793
Jun 2008411131.3313.03$5,356
May 2008398123.1711.57$4,607
Apr 2008696110.3110.45$7,277
Mar 2008709101.909.66$6,852
Feb 200876792.538.77$6,727
Jan 20081,04690.388.21$8,583
Dec 200793788.337.30$6,842
Nov 200715691.677.29$1,138
Oct 200763882.856.92$4,416
Sep 200755675.846.24$3,472
Aug 200748069.066.39$3,066
Jul 200767770.906.39$4,325
Jun 200768862.007.55$5,193
May 200782258.747.85$6,450
Apr 200770059.617.81$5,464
Mar 20071,10056.927.30$8,032
Feb 200774855.108.22$6,146
Jan 200740050.306.73$2,691
Dec 200630056.656.92$2,076
Nov 200667754.207.62$5,157
Oct 200658354.906.01$3,506
Sep 20061,17860.085.04$5,934
Aug 20061,11868.717.34$8,206
Jul 20061,50369.376.34$9,533
Jun 200675866.286.38$4,839
May 200654866.016.42$3,521
Apr 20061,76364.397.36$12,977
Mar 20061,45556.707.08$10,306
Feb 20062,04557.597.75$15,851
Jan 20065,33460.598.93$47,650
Dec 20052,05354.9413.42$27,542
Nov 200559354.6910.59$6,279
Oct 20051,00958.3413.80$13,920
Sep 200588661.4512.08$10,702
Aug 200581961.519.80$8,024
Jul 20051,25655.697.84$9,852
Jun 20051,13552.337.38$8,377
May 20052,59445.226.65$17,253
Apr 200598449.207.36$7,243
Mar 20059,68550.377.15$69,295
Feb 20057,05645.226.31$44,537
Jan 20055,95043.166.32$37,617
Dec 20041,24039.866.75$8,371
Nov 20041,36645.286.33$8,647
Oct 20041,33149.706.52$8,672
Sep 20041,17343.245.28$6,198
Aug 20041,36542.375.55$7,577
Jul 20041,29638.286.08$7,885
Jun 20041,08236.106.43$6,961
May 20042,46237.486.49$15,990
Apr 20043,81434.475.86$22,344
Mar 20043,20834.365.53$17,741
Feb 20042,94632.455.51$16,231
Jan 20043,10232.036.30$19,541
Dec 20034,85130.266.30$30,569
Nov 20034,99628.804.60$22,957
Oct 20032,81528.174.76$13,398
Sep 20034,62426.314.75$21,961
Aug 20035,33729.765.13$27,377
Jul 20035,32229.415.17$27,519
Jun 20035,59428.565.98$33,469
May 20035,95426.595.97$35,561
Apr 20036,44026.675.41$34,823
Mar 20037,28631.146.10$44,416
Feb 20036,55333.487.93$51,938
Jan 20038,32830.315.58$46,487
Dec 20026,73126.914.85$32,671
Nov 20028,10124.664.14$33,514
Oct 20029,55326.464.23$40,401
Sep 20022,64227.443.64$9,604
Aug 20029,53325.963.16$30,164
Jul 200211,17224.583.06$34,206
Jun 20029,02023.733.34$30,111
May 200211,17524.663.58$40,051
Apr 200210,38323.653.51$36,468
Mar 200210,21722.003.10$31,700
Feb 200211,10218.222.38$26,375
Jan 200212,59017.172.38$29,910
Dec 200113,22316.932.36$31,264
Nov 200114,07218.072.41$33,850
Oct 200114,74719.782.53$37,293
Sep 200115,98924.262.25$35,996
Aug 200117,44724.873.05$53,268
Jul 200119,48723.933.20$62,302
Jun 200122,01624.563.82$84,193
May 200111,71425.524.31$50,456
Apr 200118,66224.685.34$99,568
Mar 200121,57924.545.38$116,018
Feb 200120,86227.755.77$120,313
Jan 200122,29627.478.40$187,259
Dec 200019,59226.889.12$178,728
Nov 200021,58232.215.66$122,111
Oct 200023,51431.235.15$120,991
Sep 200027,53431.875.19$142,805
Aug 200033,97029.644.54$154,249
Jul 200043,55528.534.09$178,129
Jun 20007,15229.304.40$31,449
May 20004,07827.263.68$15,006
Apr 200045,24324.513.12$140,977
Mar 200049,20428.422.86$140,711
Feb 200060,07627.622.73$163,797
Jan 200011,71725.272.48$29,064

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.

Sep 2011 — as filed, then multipliedworked
Gas                  455 Mcf  × $  3.99 =     $1,814

────────────────────────────────────────────────────
Month total                                   $1,814

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/177792 is the state's own key, not one this site invented.