LASATER, GARLAND

Operated by KERR-MCGEE OIL & GAS ONSHORE LP (P-5 457807) in the CAGE RANCH, N. (8750) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 187928District 04Field 14613500CondensateGasSaveExport
Value, all time
$574 k
Oct 2001 – Mar 2007
Value, last 12 filed months
$9 k
at the published price for each month
Months reported
66
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 3 leases and 3 wells, and the rule below applies to all of them.

Discovered
1968-10-08
as the register files it
Field class
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 Commission's schedule remark for this field reads: ALLOC FORM EFF 3-1-79 DOCKET 4-71030

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
CondensateDisposition1,822 bbl$49,418
GasProduction134,961 Mcf$524,884
Total$574,302

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 27.1626, -98.1441. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.16259, -98.14406 · 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
0.0%
0 of 1 wells
Median depth
8,900 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
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 8,900 ft.

Completions filed
Mar 2006
1 of 1 wells

1 well

42-0473194611-T8,900 ftMar 2006Yes

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 (66)

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

66 months

Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20063056.656.92$170
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20065060.085.04$300
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 2006131066.016.42$8,647
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 20050654.6910.59$64
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 2005013961.519.80$1,362
Jul 2005028755.697.84$2,251
Jun 2005041852.337.38$3,085
May 200503,22745.226.65$21,463
Apr 200504,59549.207.36$33,821
Mar 200502,36050.377.15$16,886
Feb 2005027845.226.31$1,755
Jan 2005017443.166.32$1,100
Dec 2004017339.866.75$1,168
Nov 2004019545.286.33$1,234
Oct 2004025549.706.52$1,661
Sep 200401,16843.245.28$6,172
Aug 2004020742.375.55$1,149
Jul 2004021638.286.08$1,314
Jun 2004019236.106.43$1,235
May 2004022637.486.49$1,468
Apr 2004024534.475.86$1,435
Mar 2004029934.365.53$1,654
Feb 2004091032.455.51$5,014
Jan 200401,58332.036.30$9,972
Dec 200301,13530.266.30$7,152
Nov 200336181328.804.60$14,133
Oct 200351,27028.174.76$6,186
Sep 200321,64026.314.75$7,842
Aug 200301,79129.765.13$9,187
Jul 200311,82129.415.17$9,446
Jun 200301,68828.565.98$10,099
May 200311,94726.595.97$11,655
Apr 200312,58926.675.41$14,026
Mar 200311,85531.146.10$11,339
Feb 200311,64433.487.93$13,064
Jan 200322,47230.315.58$13,859
Dec 20021923,53926.914.85$22,344
Nov 200232,03124.664.14$8,476
Oct 200203,25626.464.23$13,770
Sep 200213,45427.443.64$12,583
Aug 20021823,93025.963.16$17,160
Jul 200204,73924.583.06$14,510
Jun 20021835,94623.733.34$24,192
May 200205,99424.663.58$21,483
Apr 200218810,65323.653.51$41,863
Mar 200219210,05622.003.10$35,425
Feb 200218612,39418.222.38$32,833
Jan 200218115,77217.172.38$40,577
Dec 2001013,21916.932.36$31,255
Nov 20010018.072.41$0
Oct 200102,16019.782.53$5,462

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             3 bbl  × $ 56.65 =       $170
Gas                    0 Mcf  × $  6.92 =         $0

────────────────────────────────────────────────────
Month total                                     $170

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/187928 is the state's own key, not one this site invented.