FLAME

Operated by KRC OPERATING, LLC (P-5 476900) in the LUBY (9950) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 262465District 04Field 55389941CondensateGasSaveExport
Value, all time
$2.6 M
Dec 2009 – Jun 2018
Value, last 12 filed months
$135 k
at the published price for each month
Months reported
103
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
1996-10-16
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 04/01/99.

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
CondensateDisposition6,855 bbl$518,556
GasProduction561,781 Mcf$2,066,997
Total$2,585,553

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 27.6496, -97.6022. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.64963, -97.60219 · 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
10,580 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 10,580 ft.

Completions filed
Jun 2018
1 of 1 wells

1 well

42-35533494310,580 ftJun 2018Yes

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 (103)

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

103 months

Jun 201875060.183.08$4,514
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 2017010757.272.92$313
Nov 201703,83755.423.12$11,965
Oct 20171497,23849.292.98$28,940
Sep 20171816,03247.523.09$27,224
Aug 201706,99145.373.00$21,004
Jul 201718110,66143.873.09$40,854
Jun 201720310,53642.493.09$41,153
May 201702,78245.373.26$9,079
Apr 20171301,61347.933.21$11,411
Mar 201701,17146.772.98$3,494
Feb 201701,43650.452.95$4,240
Jan 201702,10149.413.42$7,183
Dec 2016822,33248.763.72$12,680
Nov 2016422,72242.492.64$8,983
Oct 201602,01746.193.09$6,233
Sep 20161172,39741.553.10$12,294
Aug 201602,72441.442.92$7,966
Jul 201602,83641.622.92$8,293
Jun 2016891,76545.352.69$8,777
May 2016593,53042.521.99$9,537
Apr 2016098436.561.99$1,959
Mar 201601,15333.011.79$2,068
Feb 2016038126.472.06$786
Jan 20163614,02827.352.36$19,397
Dec 201504,21132.362.00$8,428
Nov 20151843,73438.792.17$15,230
Oct 201503,69443.552.43$8,964
Sep 201504,13042.992.76$11,392
Aug 201505,20140.162.87$14,940
Jul 201506,13748.152.95$18,074
Jun 201504,94756.152.88$14,262
May 201501,89955.212.96$5,612
Apr 20151853,22049.822.71$17,932
Mar 201505,20642.892.93$15,278
Feb 201504,62244.662.98$13,756
Jan 201505,11743.433.10$15,866
Dec 201404,77354.693.59$17,142
Nov 20141785,64070.464.25$36,522
Oct 201405,41478.303.90$21,120
Sep 20141035,74186.164.05$32,099
Aug 201404,16789.394.04$16,814
Jul 201404,04096.564.18$16,886
Jun 2014844,08798.164.74$27,605
May 2014866,02394.734.73$36,615
Apr 201405,43395.944.81$26,128
Mar 201405,48595.895.06$27,737
Feb 20141645,19997.406.19$48,166
Jan 20141815,70590.404.86$44,093
Dec 201306,09491.824.35$26,536
Nov 201307,07288.853.74$26,437
Oct 201305,14497.423.78$19,441
Sep 20131736,137104.113.72$40,827
Aug 201306,081104.253.52$21,421
Jul 201305,943102.523.72$22,095
Jun 20131716,37894.403.93$41,230
May 201305,65494.834.15$23,459
Apr 20131734,61193.964.28$36,002
Mar 201306,62693.623.91$25,927
Feb 20131776,27191.233.42$37,594
Jan 201306,53491.603.42$22,346
Dec 20121716,58086.773.42$37,342
Nov 201206,85786.953.62$24,856
Oct 20121797,02689.383.40$39,885
Sep 201207,23694.672.92$21,118
Aug 20121876,78292.662.91$37,051
Jul 201206,42585.133.02$19,409
Jun 20121838,22679.822.52$35,329
May 201206,93291.612.49$17,249
Apr 20121857,714101.652.00$34,209
Mar 201208,149105.052.22$18,108
Feb 20121817,805101.102.57$38,360
Jan 201207,28898.092.73$19,926
Dec 20111838,07696.873.24$43,891
Nov 2011012,00095.723.31$39,735
Oct 201117011,08484.983.65$54,887
Sep 201103,90483.623.99$15,561
Aug 20111659,04683.404.15$51,296
Jul 201117215,58894.144.52$86,607
Jun 201104,26792.904.64$19,798
May 20111694,00998.134.40$34,243
Apr 20111807,937105.964.33$53,466
Mar 201104,46896.364.06$18,128
Feb 20111744,23685.644.18$32,608
Jan 201118214,44186.504.59$82,010
Dec 201037224,35985.734.35$137,798
Nov 2010028,32380.843.80$107,495
Oct 201005,03178.103.51$17,653
Sep 201004,21172.633.98$16,758
Aug 201002,79973.684.42$12,370
Jul 2010098572.554.74$4,665
Jun 20101682,04970.364.91$21,882
May 201003,73071.124.24$15,797
Apr 201005,26681.694.12$21,710
Mar 20101886,27478.394.39$42,272
Feb 201005,80973.585.44$31,615
Jan 201005,91674.365.96$35,284
Dec 200911813,20971.445.48$80,865

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.

Jun 2018 — as filed, then multipliedworked
Condensate            75 bbl  × $ 60.18 =     $4,514
Gas                    0 Mcf  × $  3.08 =         $0

────────────────────────────────────────────────────
Month total                                   $4,514

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/262465 is the state's own key, not one this site invented.