RICHARDSON UNIT 1

Operated by R. LACY SERVICES, LTD. (P-5 687208) in the CARTHAGE (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 132000District 06Field 160321742 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.2 M
Jan 1993 – Nov 2018
Value, last 12 filed months
$0
at the published price for each month
Months reported
311
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 4,104 leases and 4,104 wells, and the rule below applies to all of them.

Discovered
1968-05-01
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 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 2011-02-08.

The Commission's schedule remark for this field reads: FIELD. EFFECTIVE 4/12/16.

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
High Cost Gas111989-12-16121259
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
CondensateDisposition10,656 bbl$181,982
GasProduction1,511,812 Mcf$3,973,448
Total$4,155,430

682,309 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 32.2500, -94.3351. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.24997, -94.33509 · 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
9,785 ft
1 wells filed one
Completion to plug
29.2 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 9,785 ft.

Completions filed
Sep 1989
1 of 1 wells
Plug dates filed
Nov 2018
1 of 1 wells

Last completion to plug: a median of 29.2 years across the 1 well that filed both dates, with the middle half between 29.2 years and 29.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3653204749,785 ftSep 1989Nov 2018Yes

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 (311)

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

311 months

Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 2016010341.622.92$301
Jun 2016030345.352.69$814
May 2016048342.521.99$962
Apr 2016042336.561.99$842
Mar 2016036433.011.79$653
Feb 2016024726.472.06$510
Jan 2016015827.352.36$374
Dec 2015012732.362.00$254
Nov 2015020738.792.17$449
Oct 2015027543.552.43$667
Sep 2015031242.992.76$861
Aug 2015044440.162.87$1,275
Jul 2015040648.152.95$1,196
Jun 2015039056.152.88$1,124
May 2015051755.212.96$1,528
Apr 2015051749.822.71$1,399
Mar 2015038442.892.93$1,127
Feb 2015033944.662.98$1,009
Jan 2015034043.433.10$1,054
Dec 2014067054.693.59$2,406
Nov 2014094270.464.25$4,005
Oct 2014067978.303.90$2,649
Sep 201401,56086.164.05$6,311
Aug 201401,56189.394.04$6,299
Jul 201401,23196.564.18$5,145
Jun 201401,26998.164.74$6,011
May 201401,05394.734.73$4,977
Apr 201401,18195.944.81$5,680
Mar 201401,44695.895.06$7,312
Feb 2014089497.406.19$5,536
Jan 201401,13990.404.86$5,536
Dec 201301,41491.824.35$6,157
Nov 201301,37888.853.74$5,151
Oct 201301,07997.423.78$4,078
Sep 201301,296104.113.72$4,818
Aug 201301,300104.253.52$4,579
Jul 201301,436102.523.72$5,339
Jun 201301,66894.403.93$6,561
May 201301,64694.834.15$6,829
Apr 201301,18593.964.28$5,075
Mar 201302,07693.623.91$8,123
Feb 201301,57291.233.42$5,376
Jan 201301,65291.603.42$5,650
Dec 201201,32886.773.42$4,542
Nov 201201,08686.953.62$3,937
Oct 2012023289.383.40$789
Sep 201201,33494.672.92$3,893
Aug 201201,56092.662.91$4,537
Jul 201201,47485.133.02$4,453
Jun 201201,37579.822.52$3,464
May 201201,68491.612.49$4,190
Apr 201201,686101.652.00$3,367
Mar 201201,371105.052.22$3,046
Feb 201201,480101.102.57$3,804
Jan 201202,17698.092.73$5,949
Dec 201102,23796.873.24$7,247
Nov 2011098195.723.31$3,248
Oct 201101,16184.983.65$4,236
Sep 201101,67783.623.99$6,684
Aug 201102,00683.404.15$8,324
Jul 201102,00994.144.52$9,075
Jun 201101,94092.904.64$9,001
May 201101,97098.134.40$8,678
Apr 201101,651105.964.33$7,154
Mar 201102,59296.364.06$10,517
Feb 201102,24485.644.18$9,380
Jan 201102,20686.504.59$10,123
Dec 201002,24285.734.35$9,748
Nov 201001,43780.843.80$5,454
Oct 201001,59478.103.51$5,593
Sep 201001,51172.633.98$6,013
Aug 201001,51173.684.42$6,678
Jul 201001,05472.554.74$4,992
Jun 2010071870.364.91$3,526
May 201001,66271.124.24$7,039
Apr 201001,57881.694.12$6,506
Mar 201001,84878.394.39$8,110
Feb 201001,72373.585.44$9,377
Jan 201002,93374.365.96$17,493
Dec 200902,82171.445.48$15,470
Nov 200901,57074.593.75$5,890
Oct 200901,14272.544.11$4,694
Sep 200902,57765.543.06$7,898
Aug 200902,48567.423.22$7,998
Jul 200903,73261.133.46$12,930
Jun 200902,54566.163.90$9,913
May 200902,34954.743.93$9,222
Apr 200901,45046.773.59$5,202
Mar 200902,66842.144.06$10,829
Feb 2009069832.814.63$3,234
Jan 200903,05535.865.37$16,408
Dec 200802,81737.105.98$16,838
Nov 200803,36555.496.86$23,085
Oct 200803,38275.246.92$23,410
Sep 200801,702101.767.88$13,407
Aug 200802,979114.228.48$25,271
Jul 200803,334131.0811.39$37,972
Jun 200803,567131.3313.03$46,487
May 200802,714123.1711.57$31,413
Apr 200802,764110.3110.45$28,897
Mar 200803,162101.909.66$30,558
Feb 200802,91292.538.77$25,540
Jan 200802,38790.388.21$19,587
Dec 200702,69988.337.30$19,708
Nov 200703,84591.677.29$28,037
Oct 200702,47582.856.92$17,132
Sep 200703,01275.846.24$18,807
Aug 200702,88369.066.39$18,416
Jul 200702,51270.906.39$16,047
Jun 200703,37162.007.55$25,446
May 200704,03058.747.85$31,621
Apr 200702,98459.617.81$23,291
Mar 200703,35056.927.30$24,462
Feb 200703,32355.108.22$27,302
Jan 200703,27750.306.73$22,044
Dec 200602,34956.656.92$16,251
Nov 200603,05154.207.62$23,241
Oct 200603,34554.906.01$20,116
Sep 200603,63460.085.04$18,305
Aug 200603,50568.717.34$25,726
Jul 200606,07769.376.34$38,545
Jun 200606,07466.286.38$38,776
May 200604,37566.016.42$28,109
Apr 200604,20364.397.36$30,936
Mar 200604,75556.707.08$33,679
Feb 200603,19157.597.75$24,734
Jan 200604,37460.598.93$39,074
Dec 200504,84954.9413.42$65,051
Nov 200504,70054.6910.59$49,765
Oct 200508,32758.3413.80$114,877
Sep 200508,41061.4512.08$101,584
Aug 200507,80361.519.80$76,445
Jul 200507,59955.697.84$59,604
Jun 200506,27552.337.38$46,316
May 200504,87345.226.65$32,411
Apr 200505,45349.207.36$40,137
Mar 200503,57050.377.15$25,543
Feb 200502,89245.226.31$18,254
Jan 200504,65743.166.32$29,442
Dec 200403,70539.866.75$25,013
Nov 200403,97645.286.33$25,170
Oct 200404,02549.706.52$26,223
Sep 200403,89743.245.28$20,591
Aug 200404,35242.375.55$24,156
Jul 200404,77638.286.08$29,058
Jun 200404,83736.106.43$31,117
May 200405,26337.486.49$34,181
Apr 200405,26134.475.86$30,821
Mar 200406,02334.365.53$33,308
Feb 200405,30732.455.51$29,240
Jan 200405,62832.036.30$35,454
Dec 200305,44830.266.30$34,331
Nov 200305,16828.804.60$23,748
Oct 200304,91528.174.76$23,394
Sep 200304,64826.314.75$22,075
Aug 200305,73729.765.13$29,429
Jul 200305,79729.415.17$29,975
Jun 200305,64528.565.98$33,774
May 200306,80726.595.97$40,656
Apr 200306,33726.675.41$34,266
Mar 200306,24131.146.10$38,045
Feb 200305,75333.487.93$45,598
Jan 200306,48930.315.58$36,222
Dec 200202,46926.914.85$11,984
Nov 200201,27324.664.14$5,266
Oct 200201,33726.464.23$5,654
Sep 200201,70027.443.64$6,180
Aug 200201,52325.963.16$4,819
Jul 200201,34824.583.06$4,127
Jun 200201,54123.733.34$5,144
May 200201,10924.663.58$3,975
Apr 200201,07923.653.51$3,790
Mar 200201,16222.003.10$3,605
Feb 2002091718.222.38$2,179
Jan 200201,13817.172.38$2,704
Dec 200101,16116.932.36$2,745
Nov 200101,31618.072.41$3,166
Oct 200101,39419.782.53$3,525
Sep 2001056124.262.25$1,263
Aug 200102,19524.873.05$6,702
Jul 200101,12123.933.20$3,584
Jun 200101,81124.563.82$6,926
May 200102,18125.524.31$9,394
Apr 200104,23324.685.34$22,584
Mar 200103,95824.545.38$21,280
Feb 200103,24027.755.77$18,685
Jan 200105,50727.478.40$46,252
Dec 200005,69126.889.12$51,916
Nov 200005,20132.215.66$29,427
Oct 200005,17131.235.15$26,607
Sep 200006,03031.875.19$31,275
Aug 200004,26929.644.54$19,384
Jul 20001336,26428.534.09$29,413
Jun 200006,62429.304.40$29,127
May 20001787,52627.263.68$32,546
Apr 200015,73924.513.12$17,907
Mar 20001796,29428.422.86$23,086
Feb 200016,34227.622.73$17,319
Jan 200007,38825.272.48$18,326
Dec 19991787,49624.282.42$22,490
Nov 199905,57923.192.43$13,579
Oct 19991757,40420.982.80$24,430
Sep 199916,37421.752.62$16,714
Aug 19991788,04119.262.88$26,551
Jul 199918,46917.892.37$20,109
Jun 199905,08015.942.36$11,999
May 19991755,87515.792.32$16,399
Apr 199907,62515.102.21$16,836
Mar 19991818,06312.471.84$17,080
Feb 199915,1939.981.82$9,450
Jan 199906,00410.381.90$11,407
Dec 19981854,2449.201.77$9,228
Nov 199809,79410.892.19$21,407
Oct 19981807,29012.421.97$16,591
Sep 1998414,28512.592.08$29,801
Aug 19980011.301.91$0
Jul 199804,86911.742.24$10,893
Jun 19981796,32511.242.24$16,163
May 199827,32512.622.21$16,187
Apr 199812,07013.042.51$5,199
Mar 19981846,56212.802.31$17,510
Feb 199805,34013.952.30$12,277
Jan 19981868,85514.702.15$21,815
Dec 199768,81016.322.41$21,340
Nov 19971888,91718.193.09$30,958
Oct 199728,13219.253.15$25,653
Sep 19971777,81117.742.95$26,221
Aug 199728,54017.862.55$21,853
Jul 199718210,40017.582.25$26,568
Jun 199719,41817.242.26$21,276
May 19971858,46318.972.31$23,046
Apr 199719,64517.882.08$20,106
Mar 199718211,87818.951.94$26,482
Feb 199729,62120.492.21$21,264
Jan 199718010,64223.483.54$41,896
Dec 1996010,53523.32$0
Nov 19961849,77921.97$4,042
Oct 19961759,59323.31$4,079
Sep 199609,13922.22$0
Aug 199618010,50620.26$3,647
Jul 199619,98519.55$20
Jun 199618110,27518.73$3,390
May 199619,87719.43$19
Apr 199618010,17521.51$3,872
Mar 1996110,36119.38$19
Feb 199618110,77916.98$3,073
Jan 199618110,76017.07$3,090
Dec 1995311,99217.19$52
Nov 199518011,00716.00$2,880
Oct 199518311,03615.43$2,824
Sep 1995112,65816.18$16
Aug 199517813,29715.92$2,834
Jul 199518313,17015.24$2,789
Jun 199518214,23016.41$2,987
May 1995112,37317.56$18
Apr 199518111,96617.73$3,209
Mar 199518312,37516.44$3,009
Feb 199518612,49816.58$3,084
Jan 199518512,99215.92$2,945
Dec 1994014,38515.03$0
Nov 199418214,58615.90$2,894
Oct 199418115,55515.58$2,820
Sep 199418214,30315.29$2,783
Aug 199418118,05716.13$2,920
Jul 199417918,48817.56$3,143
Jun 1994215,67517.09$34
May 199418017,22315.88$2,858
Apr 199418014,78314.14$2,545
Mar 199418218,08612.46$2,268
Feb 199416111,90612.50$2,013
Jan 199418317,33812.66$2,317
Dec 199336917,50312.33$4,550
Nov 1993016,75114.49$0
Oct 199318218,08215.85$2,885
Sep 199336118,77715.03$5,426
Aug 199318020,04415.66$2,819
Jul 199317118,43915.46$2,644
Jun 199318118,27116.79$3,039
May 199317816,13917.68$3,147
Apr 199318318,39418.05$3,303
Mar 199336619,81018.14$6,639
Feb 199318418,66517.90$3,294
Jan 199318619,69116.93$3,149

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 2016 — as filed, then multipliedworked
Condensate             0 bbl  × $ 41.62 =         $0
Gas                  103 Mcf  × $  2.92 =       $301

────────────────────────────────────────────────────
Month total                                     $301

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/132000 is the state's own key, not one this site invented.