LIVINGSTON, ESTATE

Operated by Z/F LITTLE BUDDY, L.P. (P-5 950474) in the LITTLE BUDDY (COTTON VALLEY LIME field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 62246District 05Field 53940300CondensateGasSaveExport
Value, all time
$92 k
Jan 1993 – Jul 1999
Value, last 12 filed months
$26 k
at the published price for each month
Months reported
79
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 9 leases and 9 wells, and the rule below applies to all of them.

Discovered
1999-04-27
as the register files it
Field class
Oil and gas
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 80 acres. The field rule took effect on 1999-04-27.

The Commission's schedule remark for this field reads: SIZE EFF. 4-27-99 PER DOCKET #05-0221434.

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
CondensateDisposition1,777 bbl$28,429
GasProduction57,009 Mcf$63,854
Total$92,283

29,117 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 31.6146, -96.3942. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.61455, -96.39420 · 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
12,400 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 12,400 ft.

Completions filed
Jul 1999
1 of 1 wells

1 well

42-29330089112,400 ftJul 1999Yes

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 (79)

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

79 months

Jul 199973017.892.37$1,306
Jun 1999070615.942.36$1,668
May 1999099115.792.32$2,300
Apr 199901,10315.102.21$2,435
Mar 199901,28012.471.84$2,353
Feb 19991849959.981.82$3,645
Jan 1999097910.381.90$1,860
Dec 199809729.201.77$1,724
Nov 1998087110.892.19$1,904
Oct 199801,20812.421.97$2,379
Sep 199801,24812.592.08$2,599
Aug 199801,14111.301.91$2,176
Jul 199801,27111.742.24$2,844
Jun 19981501,19611.242.24$4,362
May 199801,02312.622.21$2,257
Apr 199801,08813.042.51$2,726
Mar 199801,36612.802.31$3,155
Feb 1998095613.952.30$2,198
Jan 1998092314.702.15$1,989
Dec 1997093316.322.41$2,250
Nov 19971591,02018.193.09$6,042
Oct 199701,07219.253.15$3,377
Sep 1997068517.742.95$2,024
Aug 1997077817.862.55$1,988
Jul 1997079817.582.25$1,793
Jun 1997061417.242.26$1,386
May 1997058118.972.31$1,341
Apr 1997043417.882.08$904
Mar 1997040018.951.94$776
Feb 199717648320.492.21$4,672
Jan 1997077723.483.54$2,750
Dec 1996027723.32$0
Nov 1996074621.97$0
Oct 1996068423.31$0
Sep 1996066222.22$0
Aug 1996075220.26$0
Jul 1996066719.55$0
Jun 1996061918.73$0
May 199617963019.43$3,478
Apr 1996070121.51$0
Mar 1996056119.38$0
Feb 1996063416.98$0
Jan 1996050117.07$0
Dec 1995054817.19$0
Nov 1995060516.00$0
Oct 199517961915.43$2,762
Sep 1995056116.18$0
Aug 1995052615.92$0
Jul 1995038815.24$0
Jun 1995043016.41$0
May 1995051917.56$0
Apr 1995044917.73$0
Mar 1995042016.44$0
Feb 1995056516.58$0
Jan 199516871015.92$2,675
Dec 1994077215.03$0
Nov 1994077215.90$0
Oct 1994030715.58$0
Sep 1994035315.29$0
Aug 1994084716.13$0
Jul 1994059217.56$0
Jun 1994069717.09$0
May 199418074415.88$2,858
Apr 1994077614.14$0
Mar 1994054012.46$0
Feb 1994055312.50$0
Jan 1994050512.66$0
Dec 1993065712.33$0
Nov 199317175614.49$2,478
Oct 1993052315.85$0
Sep 1993054515.03$0
Aug 1993053015.66$0
Jul 1993064215.46$0
Jun 1993067316.79$0
May 1993067217.68$0
Apr 199315864918.05$2,852
Mar 1993077918.14$0
Feb 1993067717.90$0
Jan 1993078216.93$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 1999 — as filed, then multipliedworked
Condensate            73 bbl  × $ 17.89 =     $1,306
Gas                    0 Mcf  × $  2.37 =         $0

────────────────────────────────────────────────────
Month total                                   $1,306

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/62246 is the state's own key, not one this site invented.