DAY, E.M. ESTATE

Operated by LANGHAM PETROLEUM EXP CO, LLC (P-5 485318) in the TRI-CITIES (BACON LIME) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 176527District 05Field 91101125CondensateGasSaveExport
Value, all time
$237 k
Oct 1999 – Jul 2002
Value, last 12 filed months
$16 k
at the published price for each month
Months reported
34
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 48 leases and 52 wells, and the rule below applies to all of them.

Discovered
1941-04-20
as the register files it
Field class
Oil and 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: JANUARY, FEBRUARY, MARCH & JULY, AUGUST, SEPTEMBER

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
CondensateDisposition998 bbl$28,755
GasProduction39,007 Mcf$207,828
Total$236,583

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 32.1536, -95.9442. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.15363, -95.94424 · 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
10,300 ft
1 wells filed one
Completion to plug
6.1 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 10,300 ft.

Completions filed
Feb 1996
1 of 1 wells
Plug dates filed
Mar 2002
1 of 1 wells

Last completion to plug: a median of 6.1 years across the 1 well that filed both dates, with the middle half between 6.1 years and 6.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-21330251110,300 ftFeb 1996Mar 2002Yes

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 (34)

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

34 months

Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 2002162023.653.51$3,831
Mar 20020022.003.10$0
Feb 2002033218.222.38$789
Jan 20020017.172.38$0
Dec 200101,61116.932.36$3,809
Nov 2001080518.072.41$1,936
Oct 2001040219.782.53$1,017
Sep 2001040924.262.25$921
Aug 200101,32824.873.05$4,055
Jul 2001054323.933.20$1,736
Jun 200102424.563.82$92
May 20010925.524.31$39
Apr 200113910624.685.34$3,996
Mar 2001024824.545.38$1,333
Feb 2001032027.755.77$1,845
Jan 20011391,73527.478.40$18,390
Dec 200002,68026.889.12$24,448
Nov 20003569,14032.215.66$63,181
Oct 200016517,60331.235.15$95,729
Sep 2000099231.875.19$5,145
Aug 2000064429.644.54$2,924
Jul 2000377628.534.09$1,366
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$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.

Apr 2002 — as filed, then multipliedworked
Condensate           162 bbl  × $ 23.65 =     $3,831
Gas                    0 Mcf  × $  3.51 =         $0

────────────────────────────────────────────────────
Month total                                   $3,831

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. 05/G/176527 is the state's own key, not one this site invented.