DIRKS BOOTH

Operated by LEWIS PETRO PROPERTIES, INC. (P-5 499978) in the LAS TIENDAS (OLMOS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 87125District 04Field 52211060NGPA filingCondensateGasSaveExport
Value, all time
$834 k
Jan 1993 – Aug 2012
Value, last 12 filed months
$6 k
at the published price for each month
Months reported
236
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 754 leases and 754 wells, and the rule below applies to all of them.

Discovered
1974-04-22
as the register files it
Field class
Gas
the register's own label
Between wells
933 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2011-08-23.

The Commission's schedule remark for this field reads: REMAINS SUSPENDED. FIELD REMAINS SET TO MANUAL REVIEW.

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
CondensateDisposition234 bbl$9,477
GasProduction307,634 Mcf$824,549
Total$834,026

117,238 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 27.9651, -99.6289. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.96512, -99.62891 · 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
6,807 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 6,807 ft.

Completions filed
May 2010
1 of 1 wells

1 well

42-4793258916,807 ftMay 2010Yes

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 (236)

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

236 months

Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 201270079.822.52$5,587
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 2010051381.694.12$2,115
Mar 2010053378.394.39$2,339
Feb 2010048473.585.44$2,634
Jan 2010053874.365.96$3,209
Dec 2009054171.445.48$2,967
Nov 2009052674.593.75$1,973
Oct 2009054772.544.11$2,248
Sep 2009053265.543.06$1,630
Aug 2009055367.423.22$1,780
Jul 2009055661.133.46$1,926
Jun 2009054166.163.90$2,107
May 2009056254.743.93$2,206
Apr 2009054746.773.59$1,962
Mar 2009056942.144.06$2,310
Feb 2009051632.814.63$2,391
Jan 2009057535.865.37$3,088
Dec 2008057837.105.98$3,455
Nov 20082656355.496.86$5,305
Oct 2008058575.246.92$4,049
Sep 20080570101.767.88$4,490
Aug 20080592114.228.48$5,022
Jul 20080596131.0811.39$6,788
Jun 20080580131.3313.03$7,559
May 20080603123.1711.57$6,979
Apr 20080587110.3110.45$6,137
Mar 20080611101.909.66$5,905
Feb 2008057592.538.77$5,043
Jan 2008061990.388.21$5,079
Dec 2007062388.337.30$4,549
Nov 2007060791.677.29$4,426
Oct 2007063182.856.92$4,368
Sep 2007061575.846.24$3,840
Aug 2007063969.066.39$4,082
Jul 2007064470.906.39$4,114
Jun 2007062762.007.55$4,733
May 2007065358.747.85$5,124
Apr 2007063659.617.81$4,964
Mar 2007066256.927.30$4,834
Feb 2007060255.108.22$4,946
Jan 2007067150.306.73$4,514
Dec 2006067656.656.92$4,677
Nov 2006065954.207.62$5,020
Oct 2006068754.906.01$4,131
Sep 2006066960.085.04$3,370
Aug 2006069768.717.34$5,116
Jul 2006070269.376.34$4,453
Jun 2006068566.286.38$4,373
May 2006071466.016.42$4,587
Apr 2006069664.397.36$5,123
Mar 2006072556.707.08$5,135
Feb 2006066057.597.75$5,116
Jan 2006073760.598.93$6,584
Dec 2005074354.9413.42$9,968
Nov 2005072554.6910.59$7,677
Oct 2005075658.3413.80$10,430
Sep 2005073861.4512.08$8,914
Aug 2005076961.519.80$7,534
Jul 2005077655.697.84$6,087
Jun 2005075852.337.38$5,595
May 2005079045.226.65$5,254
Apr 2005077249.207.36$5,682
Mar 2005080550.377.15$5,760
Feb 2005073445.226.31$4,633
Jan 2005082043.166.32$5,184
Dec 2004082839.866.75$5,590
Nov 2004081045.286.33$5,128
Oct 2004084549.706.52$5,505
Sep 2004082643.245.28$4,365
Aug 2004086342.375.55$4,790
Jul 2004087238.286.08$5,305
Jun 2004085336.106.43$5,487
May 2004089137.486.49$5,787
Apr 2004087234.475.86$5,109
Mar 2004091134.365.53$5,038
Feb 2004086232.455.51$4,749
Jan 2004093232.036.30$5,871
Dec 2003094330.266.30$5,942
Nov 2003092428.804.60$4,246
Oct 2003096628.174.76$4,598
Sep 2003094726.314.75$4,498
Aug 2003099129.765.13$5,084
Jul 200301,00429.415.17$5,192
Jun 2003098428.565.98$5,887
May 200301,03126.595.97$6,158
Apr 200301,01126.675.41$5,467
Mar 200301,06031.146.10$6,462
Feb 2003097033.487.93$7,688
Jan 200301,08930.315.58$6,079
Dec 200201,10626.914.85$5,368
Nov 200201,08724.664.14$4,497
Oct 200201,14026.464.23$4,821
Sep 200201,12127.443.64$4,075
Aug 200201,17725.963.16$3,724
Jul 200201,19724.583.06$3,665
Jun 200201,17923.733.34$3,936
May 200201,23924.663.58$4,441
Apr 200201,22123.653.51$4,289
Mar 200201,28522.003.10$3,987
Feb 200201,18218.222.38$2,808
Jan 200201,33417.172.38$3,169
Dec 200101,36116.932.36$3,218
Nov 200101,34418.072.41$3,233
Oct 200101,41919.782.53$3,588
Sep 200101,40324.262.25$3,159
Aug 200101,48324.873.05$4,528
Jul 200101,51923.933.20$4,856
Jun 200101,50624.563.82$5,759
May 200101,59525.524.31$6,870
Apr 200101,58524.685.34$8,456
Mar 200101,68224.545.38$9,043
Feb 200101,56127.755.77$9,002
Jan 200101,77827.478.40$14,933
Dec 200001,83426.889.12$16,731
Nov 200001,83232.215.66$10,365
Oct 200001,95831.235.15$10,075
Sep 200001,96231.875.19$10,176
Aug 200002,10429.644.54$9,554
Jul 200002,26728.534.09$9,271
Jun 200002,26629.304.40$9,964
May 200002,17627.263.68$8,007
Apr 200001,94924.513.12$6,073
Mar 200002,15328.422.86$6,157
Feb 200001,94827.622.73$5,311
Jan 200002,01225.272.48$4,991
Dec 199902,09724.282.42$5,083
Nov 199901,96123.192.43$4,773
Oct 199901,81820.982.80$5,097
Sep 199901,63821.752.62$4,290
Aug 199901,72819.262.88$4,969
Jul 199901,99417.892.37$4,731
Jun 199901,97015.942.36$4,653
May 199901,56115.792.32$3,623
Apr 199901,58015.102.21$3,489
Mar 199902,01512.471.84$3,704
Feb 199901,7949.981.82$3,261
Jan 199902,40610.381.90$4,571
Dec 199802,3699.201.77$4,201
Nov 199801,07110.892.19$2,341
Oct 199801,75212.421.97$3,450
Sep 199801,35912.592.08$2,830
Aug 199801,89811.301.91$3,620
Jul 199802,08811.742.24$4,671
Jun 199802,15711.242.24$4,826
May 19980012.622.21$0
Apr 199802,25013.042.51$5,637
Mar 199802,02712.802.31$4,681
Feb 199801,65013.952.30$3,794
Jan 199802,14814.702.15$4,628
Dec 199702,26316.322.41$5,456
Nov 199702,22018.193.09$6,856
Oct 199702,23719.253.15$7,046
Sep 199702,28717.742.95$6,758
Aug 199702,46517.862.55$6,297
Jul 199702,52117.582.25$5,665
Jun 199702,01917.242.26$4,557
May 199702,18718.972.31$5,049
Apr 199702,31217.882.08$4,815
Mar 199702,14318.951.94$4,156
Feb 199702,06920.492.21$4,564
Jan 199702,29723.483.54$8,131
Dec 199602,18123.32$0
Nov 199602,28321.97$0
Oct 199602,45923.31$0
Sep 199602,49622.22$0
Aug 199602,40520.26$0
Jul 199602,45019.55$0
Jun 199602,46118.73$0
May 199602,60519.43$0
Apr 199602,91421.51$0
Mar 199602,91419.38$0
Feb 199602,81516.98$0
Jan 199603,02417.07$0
Dec 199502,81117.19$0
Nov 199502,04916.00$0
Oct 199503,12415.43$0
Sep 199502,94216.18$0
Aug 199502,84615.92$0
Jul 199503,06715.24$0
Jun 199503,17816.41$0
May 199503,52517.56$0
Apr 19951383,51017.73$2,447
Mar 199503,66416.44$0
Feb 199503,57716.58$0
Jan 199503,04215.92$0
Dec 199402,28915.03$0
Nov 199402,76715.90$0
Oct 199402,58315.58$0
Sep 199402,12515.29$0
Aug 199403,03716.13$0
Jul 199402,88417.56$0
Jun 199402,04317.09$0
May 199402,10815.88$0
Apr 199402,22514.14$0
Mar 199401,88512.46$0
Feb 199401,54312.50$0
Jan 199401,81712.66$0
Dec 199301,95812.33$0
Nov 199301,74214.49$0
Oct 199301,76115.85$0
Sep 199301,51715.03$0
Aug 199301,69315.66$0
Jul 199302,13715.46$0
Jun 199302,11416.79$0
May 199301,46417.68$0
Apr 199301,83518.05$0
Mar 199301,90918.14$0
Feb 199301,76217.90$0
Jan 199301,69816.93$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.

Jun 2012 — as filed, then multipliedworked
Condensate            70 bbl  × $ 79.82 =     $5,587
Gas                    0 Mcf  × $  2.52 =         $0

────────────────────────────────────────────────────
Month total                                   $5,587

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/87125 is the state's own key, not one this site invented.