LAYTON

Operated by PHILLIPS ENERGY, INC. (P-5 663478) in the MANN (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 43464District 05Field 57142500CondensateGasSaveExport
Value, all time
$138 k
Jan 1993 – Sep 2001
Value, last 12 filed months
$19 k
at the published price for each month
Months reported
105
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 1 leases and 1 wells, and the rule below applies to all of them.

Discovered
1968-02-02
as the register files it
Field class
Gas
the register's own label
Between wells
3,735 ft
minimum
From a lease line
1,867 ft
minimum

A drilling unit in this field needs at least 640 acres.

The Commission's schedule remark for this field reads: SPECIAL ORDER #5-71,383.

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
CondensateDisposition232 bbl$4,568
GasProduction102,249 Mcf$133,783
Total$138,351

52,926 Mcf of this lease's gas, across 47 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 31.7546, -96.3162. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.75456, -96.31620 · 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
13,271 ft
1 wells filed one
Completion to plug
33.3 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 13,271 ft.

Completions filed
Feb 1968
1 of 1 wells
Plug dates filed
Jun 2001
1 of 1 wells

Last completion to plug: a median of 33.3 years across the 1 well that filed both dates, with the middle half between 33.3 years and 33.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-16120037113,271 ftFeb 1968Jun 2001Yes

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 (105)

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

105 months

Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 200173023.933.20$1,747
Jun 20010024.563.82$0
May 2001031025.524.31$1,335
Apr 2001030024.685.34$1,601
Mar 2001031024.545.38$1,667
Feb 2001028027.755.77$1,615
Jan 2001031027.478.40$2,604
Dec 2000031026.889.12$2,828
Nov 2000070832.215.66$4,006
Oct 2000031331.235.15$1,611
Sep 2000031331.875.19$1,623
Aug 2000032229.644.54$1,462
Jul 2000033028.534.09$1,350
Jun 2000030029.304.40$1,319
May 2000066427.263.68$2,443
Apr 2000071124.513.12$2,215
Mar 200001,17928.422.86$3,372
Feb 200001,52827.622.73$4,166
Jan 200002,34025.272.48$5,804
Dec 199902,96524.282.42$7,186
Nov 199901,57023.192.43$3,821
Oct 199901,70020.982.80$4,766
Sep 199901,95121.752.62$5,109
Aug 199901,81119.262.88$5,208
Jul 199901,35917.892.37$3,224
Jun 1999073115.942.36$1,727
May 1999086915.792.32$2,017
Apr 1999060015.102.21$1,325
Mar 1999074112.471.84$1,362
Feb 199908679.981.82$1,576
Jan 1999065910.381.90$1,252
Dec 199806899.201.77$1,222
Nov 199801,10710.892.19$2,420
Oct 199801,20312.421.97$2,369
Sep 1998055112.592.08$1,148
Aug 1998082511.301.91$1,574
Jul 1998066611.742.24$1,490
Jun 199801,02211.242.24$2,286
May 1998071312.622.21$1,573
Apr 1998054713.042.51$1,370
Mar 1998055312.802.31$1,277
Feb 1998082413.952.30$1,894
Jan 199801,14314.702.15$2,463
Dec 1997091616.322.41$2,209
Nov 1997049818.193.09$1,538
Oct 1997098419.253.15$3,099
Sep 19971591,11517.742.95$6,115
Aug 1997065217.862.55$1,666
Jul 199701,32317.582.25$2,973
Jun 199701,22117.242.26$2,756
May 199701,54318.972.31$3,562
Apr 199701,06917.882.08$2,226
Mar 199701,47118.951.94$2,852
Feb 199701,00920.492.21$2,226
Jan 199701,32823.483.54$4,701
Dec 1996075123.32$0
Nov 199601,54821.97$0
Oct 199602,14823.31$0
Sep 1996081222.22$0
Aug 199601,22820.26$0
Jul 1996085419.55$0
Jun 199601,01818.73$0
May 1996092819.43$0
Apr 1996099021.51$0
Mar 199601,10119.38$0
Feb 199601,18716.98$0
Jan 1996056817.07$0
Dec 1995095817.19$0
Nov 1995085016.00$0
Oct 199501,08915.43$0
Sep 199501,24016.18$0
Aug 1995064415.92$0
Jul 199501,04315.24$0
Jun 1995074216.41$0
May 1995068317.56$0
Apr 1995095017.73$0
Mar 1995093116.44$0
Feb 1995095416.58$0
Jan 199501,00915.92$0
Dec 199401,00115.03$0
Nov 199401,05315.90$0
Oct 199401,25715.58$0
Sep 199401,02215.29$0
Aug 199401,48716.13$0
Jul 1994063517.56$0
Jun 19940017.09$0
May 1994089615.88$0
Apr 199401,28814.14$0
Mar 1994050912.46$0
Feb 1994085512.50$0
Jan 199401,61712.66$0
Dec 199301,24012.33$0
Nov 199302,00414.49$0
Oct 199301,04315.85$0
Sep 1993087615.03$0
Aug 199301,50215.66$0
Jul 199302,21615.46$0
Jun 199301,00016.79$0
May 199302,41917.68$0
Apr 1993064318.05$0
Mar 199301,05218.14$0
Feb 199301,29917.90$0
Jan 199301,78616.93$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.

Jul 2001 — as filed, then multipliedworked
Condensate            73 bbl  × $ 23.93 =     $1,747
Gas                    0 Mcf  × $  3.20 =         $0

────────────────────────────────────────────────────
Month total                                   $1,747

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/43464 is the state's own key, not one this site invented.