NORTHCUTT, ED GU 1

Operated by LINN OPERATING, INC. (P-5 501545) in the OVERTON (COTTON VALLEY SAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 108874District 06Field 67849150NGPA filingCondensateGasSaveExport
Value, all time
$412 k
Jan 1993 – Sep 2012
Value, last 12 filed months
$9 k
at the published price for each month
Months reported
237
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 702 leases and 702 wells, and the rule below applies to all of them.

Discovered
1977-02-23
as the register files it
Field class
Oil and gas
the register's own label
Between wells
600 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2014-03-25.

The Commission's schedule remark for this field reads: DESIGNATED AS UFT FIELD PER DOCKET 01-0299858

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
CondensateDisposition2,663 bbl$70,672
GasProduction178,621 Mcf$341,125
Total$411,797

87,003 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 32.1279, -95.1173. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.12790, -95.11729 · 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
12,100 ft
1 wells filed one
Completion to plug
1 well filed both, dated out of order

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 12,100 ft.

Completions filed
Oct 2021
1 of 1 wells
Plug dates filed
May 2012
1 of 1 wells

Last completion to plug: no median is published. 1 well on this lease filed both dates, and on that one the last completion is dated after the plug date, so there is no interval to take a median of. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-07330519112,100 ftOct 2021May 2012Yes

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 (237)

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

237 months

Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 201240085.133.02$3,405
Jun 201275079.822.52$5,987
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 201108092.904.64$371
May 201103098.134.40$132
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 20100081.694.12$0
Mar 20100878.394.39$35
Feb 20100073.585.44$0
Jan 201001074.365.96$60
Dec 200901771.445.48$93
Nov 20090274.593.75$8
Oct 20090672.544.11$25
Sep 200901465.543.06$43
Aug 20090967.423.22$29
Jul 200902061.133.46$69
Jun 200903766.163.90$144
May 200904254.743.93$165
Apr 2009046346.773.59$1,661
Mar 2009072842.144.06$2,955
Feb 2009047932.814.63$2,219
Jan 2009032735.865.37$1,756
Dec 2008025137.105.98$1,500
Nov 2008020755.496.86$1,420
Oct 2008040775.246.92$2,817
Sep 2008073101.767.88$575
Aug 2008024114.228.48$204
Jul 20080774131.0811.39$8,815
Jun 20080278131.3313.03$3,623
May 200800123.1711.57$0
Apr 20080170110.3110.45$1,777
Mar 20080164101.909.66$1,585
Feb 2008016392.538.77$1,430
Jan 2008023390.388.21$1,912
Dec 2007029788.337.30$2,169
Nov 2007036291.677.29$2,640
Oct 2007031282.856.92$2,160
Sep 2007022275.846.24$1,386
Aug 200701,18769.066.39$7,582
Jul 2007021770.906.39$1,386
Jun 2007034762.007.55$2,619
May 20071679158.747.85$10,524
Apr 2007015859.617.81$1,233
Mar 200708856.927.30$643
Feb 2007011755.108.22$961
Jan 2007012050.306.73$807
Dec 200605256.656.92$360
Nov 200605454.207.62$411
Oct 20060054.906.01$0
Sep 200601860.085.04$91
Aug 20060068.717.34$0
Jul 200607069.376.34$444
Jun 2006021366.286.38$1,360
May 2006019866.016.42$1,272
Apr 2006026764.397.36$1,965
Mar 2006017456.707.08$1,232
Feb 20060657.597.75$47
Jan 200606060.598.93$536
Dec 20050054.9413.42$0
Nov 200507454.6910.59$784
Oct 200516958.3413.80$1,010
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 200431043.245.28$1,340
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 2004144637.486.49$2,934
Apr 2004155934.475.86$3,309
Mar 200420551934.365.53$9,914
Feb 20041532,67732.455.51$19,714
Jan 200401,39532.036.30$8,788
Dec 2003056530.266.30$3,560
Nov 2003602728.804.60$1,852
Oct 2003183328.174.76$3,993
Sep 2003060326.314.75$2,864
Aug 200311,78229.765.13$9,171
Jul 20030029.415.17$0
Jun 2003912428.565.98$2,743
May 2003159626.595.97$3,586
Apr 2003032826.675.41$1,774
Mar 20039238731.146.10$5,224
Feb 2003024333.487.93$1,926
Jan 2003022630.315.58$1,262
Dec 2002066126.914.85$3,208
Nov 20020924.664.14$37
Oct 2002267926.464.23$2,924
Sep 200221,50527.443.64$5,526
Aug 2002056625.963.16$1,791
Jul 2002033924.583.06$1,038
Jun 2002227723.733.34$972
May 2002050924.663.58$1,824
Apr 2002081423.653.51$2,859
Mar 2002293222.003.10$2,936
Feb 2002051118.222.38$1,214
Jan 2002186417.172.38$2,070
Dec 2001182616.932.36$1,970
Nov 20018397818.072.41$3,852
Oct 20015857519.782.53$2,601
Sep 2001271124.262.25$1,649
Aug 2001251124.873.05$1,610
Jul 20012027823.933.20$1,367
Jun 200181,08524.563.82$4,346
May 2001688525.524.31$3,965
Apr 2001429824.685.34$1,689
Mar 200151,43524.545.38$7,838
Feb 2001353827.755.77$3,186
Jan 2001843327.478.40$3,856
Dec 20002085226.889.12$8,310
Nov 2000242232.215.66$2,452
Oct 2000278231.235.15$4,086
Sep 2000651531.875.19$2,862
Aug 2000111,29229.644.54$6,193
Jul 2000171,51028.534.09$6,661
Jun 2000548329.304.40$2,270
May 2000980027.263.68$3,189
Apr 2000141,54024.513.12$5,142
Mar 2000775128.422.86$2,347
Feb 2000121,20927.622.73$3,628
Jan 2000790425.272.48$2,419
Dec 19991375624.282.42$2,148
Nov 1999211,34723.192.43$3,766
Oct 1999574720.982.80$2,199
Sep 19991384021.752.62$2,483
Aug 1999557819.262.88$1,758
Jul 1999898417.892.37$2,478
Jun 1999111,16815.942.36$2,934
May 1999566415.792.32$1,620
Apr 19991086415.102.21$2,059
Mar 1999101,21012.471.84$2,349
Feb 199988209.981.82$1,570
Jan 1999121,27710.381.90$2,551
Dec 199877339.201.77$1,364
Nov 1998171,99710.892.19$4,550
Oct 19981731512.421.97$831
Sep 1998080912.592.08$1,685
Aug 1998161,80911.301.91$3,631
Jul 1998271,58611.742.24$3,865
Jun 1998161,98211.242.24$4,614
May 1998101,33812.622.21$3,078
Apr 19981482213.042.51$2,242
Mar 1998141,68412.802.31$4,068
Feb 1998101,02013.952.30$2,485
Jan 1998271,85714.702.15$4,398
Dec 1997554816.322.41$1,403
Nov 1997161,04918.193.09$3,531
Oct 1997231,31119.253.15$4,572
Sep 1997232,24717.742.95$7,048
Aug 1997181,03617.862.55$2,968
Jul 19971094917.582.25$2,308
Jun 199761,41417.242.26$3,295
May 1997111,16918.972.31$2,907
Apr 1997232,29817.882.08$5,197
Mar 1997785618.951.94$1,793
Feb 1997301,59620.492.21$4,135
Jan 1997161,66023.483.54$6,252
Dec 1996382,90323.32$886
Nov 1996783521.97$154
Oct 1996683523.31$140
Sep 1996473522.22$89
Aug 1996766320.26$142
Jul 1996101,40619.55$196
Jun 1996151,14018.73$281
May 1996575819.43$97
Apr 1996151,16421.51$323
Mar 1996191,60419.38$368
Feb 199691,63816.98$153
Jan 1996201,37617.07$341
Dec 199571,23717.19$120
Nov 1995191,45016.00$304
Oct 1995141,46715.43$216
Sep 1995201,84416.18$324
Aug 1995151,61115.92$239
Jul 1995657915.24$91
Jun 1995151,53816.41$246
May 1995766917.56$123
Apr 1995232,09417.73$408
Mar 1995151,46716.44$247
Feb 1995121,04616.58$199
Jan 1995171,34015.92$271
Dec 1994282,57615.03$421
Nov 1994141,33415.90$223
Oct 1994131,34115.58$203
Sep 1994161,77015.29$245
Aug 1994151,14616.13$242
Jul 1994665417.56$105
Jun 1994171,81917.09$291
May 1994372,74415.88$588
Apr 1994222,70314.14$311
Mar 1994352,22212.46$436
Feb 1994242,12812.50$300
Jan 1994283,06012.66$354
Dec 1993442,70212.33$543
Nov 1993202,64714.49$290
Oct 1993282,45015.85$444
Sep 1993302,60715.03$451
Aug 1993332,78115.66$517
Jul 1993483,97015.46$742
Jun 1993303,90216.79$504
May 1993262,31517.68$460
Apr 1993302,67518.05$542
Mar 1993302,19318.14$544
Feb 1993121,16917.90$215
Jan 1993272,69616.93$457

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 2012 — as filed, then multipliedworked
Condensate            40 bbl  × $ 85.13 =     $3,405
Gas                    0 Mcf  × $  3.02 =         $0

────────────────────────────────────────────────────
Month total                                   $3,405

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. 06/G/108874 is the state's own key, not one this site invented.