LONDON, F. E.

Operated by J&G OIL & GAS (P-5 427635) in the LONDON GIN field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 1599District 04Field 54564001OilCasinghead gasSaveExport
Value, all time
$1.1 M
Jan 1993 – Mar 2015
Value, last 12 filed months
$0
at the published price for each month
Months reported
267
no gaps in the span
Streams
2
oil, casinghead 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 17 leases and 50 wells, and the rule below applies to all of them.

Discovered
1949-07-31
as the register files it
Field class
Oil
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 20 acres.

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
OilDisposition35,202 bbl$1,054,329
Casinghead gasProduction55 Mcf$17
Total$1,054,346

48 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 (4)

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 27.6838, -97.5098. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

27.68377, -97.50979 · 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%
4 of 4 wells
With a plug date
100.0%
4 of 4 wells
Median depth
4,552 ft
4 wells filed one
Completion to plug
36.0 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
4100.0%
A plug date is filed
4100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
4100.0%
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

Between 4,541 and 5,150 ft, median 4,552 ft, over the 4 wells that filed a depth.

Completions filed
Jan 1971 – Oct 1985
2 of 4 wells; 2 filed none
Plug dates filed
May 2014 – Sep 2014
4 of 4 wells

Last completion to plug: a median of 36.0 years across the 2 wells that filed both dates, with the middle half between 32.3 years and 39.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

4 wells

42-3550346134,551 ftMay 2014Yes
42-3550346244,552 ftSep 2014Yes
42-3550346024,541 ftOct 1985May 2014Yes
42-3550345915,150 ftJan 1971May 2014Yes

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 (267)

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

267 months

Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 201290086.773.42$7,809
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 201270092.662.91$6,486
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 201255098.092.73$5,395
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 201180083.623.99$6,690
Aug 20110083.404.15$0
Jul 201169094.144.52$6,496
Jun 201181092.904.64$7,525
May 201169098.134.40$6,771
Apr 201100105.964.33$0
Mar 2011100096.364.06$9,636
Feb 20110085.644.18$0
Jan 2011101086.504.59$8,737
Dec 20100085.734.35$0
Nov 201070080.843.80$5,659
Oct 201070078.103.51$5,467
Sep 201090072.633.98$6,537
Aug 20100073.684.42$0
Jul 201080072.554.74$5,804
Jun 2010100070.364.91$7,036
May 201050071.124.24$3,556
Apr 201060081.694.12$4,901
Mar 201090078.394.39$7,055
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 200990074.593.75$6,713
Oct 20090072.544.11$0
Sep 200980065.543.06$5,243
Aug 200985067.423.22$5,731
Jul 200965061.133.46$3,973
Jun 200975066.163.90$4,962
May 200967054.743.93$3,668
Apr 200979046.773.59$3,695
Mar 2009170042.144.06$7,164
Feb 20090032.814.63$0
Jan 200990035.865.37$3,227
Dec 2008100037.105.98$3,710
Nov 2008110055.496.86$6,104
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 2008930131.0811.39$12,190
Jun 2008980131.3313.03$12,870
May 2008990123.1711.57$12,194
Apr 20081000110.3110.45$11,031
Mar 20081000101.909.66$10,190
Feb 20080092.538.77$0
Jan 200886090.388.21$7,773
Dec 200799088.337.30$8,745
Nov 2007100091.677.29$9,167
Oct 200798082.856.92$8,119
Sep 2007104075.846.24$7,887
Aug 200788069.066.39$6,077
Jul 20070070.906.39$0
Jun 200794062.007.55$5,828
May 2007100058.747.85$5,874
Apr 200799059.617.81$5,901
Mar 200760056.927.30$3,415
Feb 200760055.108.22$3,306
Jan 200769050.306.73$3,471
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 2006101054.906.01$5,545
Sep 20060060.085.04$0
Aug 2006288068.717.34$19,788
Jul 20060069.376.34$0
Jun 2006164066.286.38$10,870
May 2006171066.016.42$11,288
Apr 2006167064.397.36$10,753
Mar 2006168056.707.08$9,526
Feb 20060057.597.75$0
Jan 2006152060.598.93$9,210
Dec 2005164054.9413.42$9,010
Nov 2005179054.6910.59$9,790
Oct 2005171058.3413.80$9,976
Sep 2005167061.4512.08$10,262
Aug 2005169061.519.80$10,395
Jul 2005165055.697.84$9,189
Jun 2005169052.337.38$8,844
May 2005167045.226.65$7,552
Apr 2005172049.207.36$8,462
Mar 2005170050.377.15$8,563
Feb 2005170045.226.31$7,687
Jan 2005345043.166.32$14,890
Dec 2004170039.866.75$6,776
Nov 2004323045.286.33$14,625
Oct 2004170049.706.52$8,449
Sep 2004206043.245.28$8,907
Aug 2004303042.375.55$12,838
Jul 2004310038.286.08$11,867
Jun 2004134036.106.43$4,837
May 20040037.486.49$0
Apr 2004103034.475.86$3,550
Mar 2004122034.365.53$4,192
Feb 2004164032.455.51$5,322
Jan 2004148032.036.30$4,740
Dec 2003147030.266.30$4,448
Nov 2003147028.804.60$4,234
Oct 20030028.174.76$0
Sep 2003160026.314.75$4,210
Aug 2003296029.765.13$8,809
Jul 2003180029.415.17$5,294
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 2003110030.315.58$3,334
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 2002278024.583.06$6,833
Jun 20020023.733.34$0
May 2002150024.663.58$3,699
Apr 2002147023.653.51$3,477
Mar 2002190022.003.10$4,180
Feb 2002127018.222.38$2,314
Jan 2002313017.172.38$5,374
Dec 2001140016.932.36$2,370
Nov 2001161018.072.41$2,909
Oct 2001175019.782.53$3,462
Sep 2001172024.262.25$4,173
Aug 2001173024.873.05$4,303
Jul 2001221023.933.20$5,289
Jun 2001179024.563.82$4,396
May 2001161025.524.31$4,109
Apr 2001138024.685.34$3,406
Mar 20010024.545.38$0
Feb 200173027.755.77$2,026
Jan 2001366027.478.40$10,054
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 2000177028.534.09$5,050
Jun 2000176029.304.40$5,157
May 2000172027.263.68$4,689
Apr 20000024.513.12$0
Mar 2000360028.422.86$10,231
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 1999106023.192.43$2,458
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 1999177017.892.37$3,167
Jun 1999457015.942.36$7,285
May 1999182015.792.32$2,874
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 199919009.981.82$1,896
Jan 1999186010.381.90$1,931
Dec 1998009.201.77$0
Nov 1998165010.892.19$1,797
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 1998344011.301.91$3,887
Jul 1998152011.742.24$1,784
Jun 1998160011.242.24$1,798
May 19980012.622.21$0
Apr 1998176013.042.51$2,295
Mar 19980012.802.31$0
Feb 1998170013.952.30$2,372
Jan 1998329014.702.15$4,836
Dec 1997160016.322.41$2,611
Nov 1997160018.193.09$2,910
Oct 1997174019.253.15$3,350
Sep 1997177017.742.95$3,140
Aug 1997322017.862.55$5,751
Jul 1997152117.582.25$2,674
Jun 1997153117.242.26$2,640
May 1997279118.972.31$5,295
Apr 1997300117.882.08$5,366
Mar 1997304118.951.94$5,763
Feb 1997136120.492.21$2,789
Jan 1997485123.483.54$11,391
Dec 1996255123.32$5,947
Nov 1996407121.97$8,942
Oct 1996426123.31$9,930
Sep 1996386122.22$8,577
Aug 1996271120.26$5,490
Jul 1996415119.55$8,113
Jun 1996359118.73$6,724
May 1996468119.43$9,093
Apr 1996208121.51$4,474
Mar 1996350119.38$6,783
Feb 1996362116.98$6,147
Jan 1996361117.07$6,162
Dec 1995349117.19$5,999
Nov 19950116.00$0
Oct 1995349115.43$5,385
Sep 1995362116.18$5,857
Aug 1995175115.92$2,786
Jul 1995311115.24$4,740
Jun 1995309116.41$5,071
May 1995169117.56$2,968
Apr 1995328117.73$5,815
Mar 1995290116.44$4,768
Feb 1995211116.58$3,498
Jan 1995141115.92$2,245
Dec 19940115.03$0
Nov 1994443115.90$7,044
Oct 1994450115.58$7,011
Sep 19940115.29$0
Aug 1994301116.13$4,855
Jul 1994415117.56$7,287
Jun 1994245117.09$4,187
May 1994392115.88$6,225
Apr 1994210114.14$2,969
Mar 1994382112.46$4,760
Feb 1994207112.50$2,588
Jan 1994415112.66$5,254
Dec 1993458112.33$5,647
Nov 1993356114.49$5,158
Oct 1993323115.85$5,120
Sep 1993486115.03$7,305
Aug 1993403115.66$6,311
Jul 1993395115.46$6,107
Jun 1993455116.79$7,639
May 1993328117.68$5,799
Apr 1993325118.05$5,866
Mar 1993334118.14$6,059
Feb 1993191117.90$3,419
Jan 1993286116.93$4,842

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 2012 — as filed, then multipliedworked
Oil                   90 bbl  × $ 86.77 =     $7,809
Casinghead gas         0 Mcf  × $  3.42 =         $0

────────────────────────────────────────────────────
Month total                                   $7,809

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/O/1599 is the state's own key, not one this site invented.