LEE GAS UNIT "B"

Name: LEE GAS UNIT "B" lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by MEMORIAL PRODUCTION OPER. LLC (P-5 559624) in the WILLOW SPRINGS (COTTON VALLEY,W) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 144390District 06Field 977521102 tax incentive programmesCondensateGasSave Export

Value, all time

$3.4 M

Jan 1993 – Dec 2013

Value, last 12 filed months

at the published price for each month

Months reported

252

no gaps in the span

Streams

condensate, gas

The WILLOW SPRINGS (COTTON VALLEY,W) field

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 26 leases and 26 wells, and the rule below applies to all of them.

Discovered

1975-12-11

as the register files it

Field class

Gas

the register's own label

Between wells

600 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 2010-04-20.

The Commission's schedule remark for this field reads: “SPRINGS (COTTON VALLEY) FIELD, ADMINISTRATIVE EFFECT DATE 5/1/14.”

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.

Programme	Filings	With an approval date	Dated	Docket
High Cost Gas	1	1	1993-04-15	127324
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	5,000 bbl	$151,825
Gas	Production	1,419,465 Mcf	$3,199,278
Total			$3,351,102

720,129 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 32.5262, -94.8153. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.52616, -94.81528 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

10,720 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 10,720 ft.

Completions filed

Nov 2012

1 of 1 wells

1 well


42-18330947	3	10,720 ft	Nov 2012	—	Yes

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 (252)

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

252 months


Dec 2013	0	0	91.82	4.35	$0
Nov 2013	0	0	88.85	3.74	$0
Oct 2013	0	0	97.42	3.78	$0
Sep 2013	0	0	104.11	3.72	$0
Aug 2013	0	0	104.25	3.52	$0
Jul 2013	0	0	102.52	3.72	$0
Jun 2013	0	0	94.40	3.93	$0
May 2013	0	0	94.83	4.15	$0
Apr 2013	0	0	93.96	4.28	$0
Mar 2013	0	0	93.62	3.91	$0
Feb 2013	0	0	91.23	3.42	$0
Jan 2013	0	0	91.60	3.42	$0
Dec 2012	0	0	86.77	3.42	$0
Nov 2012	0	0	86.95	3.62	$0
Oct 2012	0	0	89.38	3.40	$0
Sep 2012	0	0	94.67	2.92	$0
Aug 2012	0	0	92.66	2.91	$0
Jul 2012	0	0	85.13	3.02	$0
Jun 2012	0	0	79.82	2.52	$0
May 2012	0	0	91.61	2.49	$0
Apr 2012	0	0	101.65	2.00	$0
Mar 2012	0	0	105.05	2.22	$0
Feb 2012	0	0	101.10	2.57	$0
Jan 2012	0	0	98.09	2.73	$0
Dec 2011	0	1	96.87	3.24	$3
Nov 2011	9	2	95.72	3.31	$868
Oct 2011	0	0	84.98	3.65	$0
Sep 2011	0	0	83.62	3.99	$0
Aug 2011	0	0	83.40	4.15	$0
Jul 2011	0	1,131	94.14	4.52	$5,109
Jun 2011	0	1,071	92.90	4.64	$4,969
May 2011	3	1,140	98.13	4.40	$5,316
Apr 2011	8	1,160	105.96	4.33	$5,874
Mar 2011	0	1,295	96.36	4.06	$5,254
Feb 2011	0	1,082	85.64	4.18	$4,523
Jan 2011	0	1,707	86.50	4.59	$7,833
Dec 2010	8	1,174	85.73	4.35	$5,790
Nov 2010	20	1,101	80.84	3.80	$5,795
Oct 2010	10	1,097	78.10	3.51	$4,630
Sep 2010	20	1,003	72.63	3.98	$5,444
Aug 2010	21	1,084	73.68	4.42	$6,338
Jul 2010	23	1,156	72.55	4.74	$7,144
Jun 2010	23	951	70.36	4.91	$6,288
May 2010	23	1,180	71.12	4.24	$6,633
Apr 2010	22	1,541	81.69	4.12	$8,150
Mar 2010	0	1,198	78.39	4.39	$5,258
Feb 2010	0	1,106	73.58	5.44	$6,019
Jan 2010	0	1,205	74.36	5.96	$7,187
Dec 2009	0	1,236	71.44	5.48	$6,778
Nov 2009	0	1,190	74.59	3.75	$4,464
Oct 2009	0	1,206	72.54	4.11	$4,957
Sep 2009	0	1,196	65.54	3.06	$3,665
Aug 2009	0	1,312	67.42	3.22	$4,223
Jul 2009	0	1,358	61.13	3.46	$4,705
Jun 2009	0	1,309	66.16	3.90	$5,099
May 2009	0	1,415	54.74	3.93	$5,555
Apr 2009	17	1,329	46.77	3.59	$5,563
Mar 2009	59	1,592	42.14	4.06	$8,948
Feb 2009	58	1,269	32.81	4.63	$7,782
Jan 2009	59	1,442	35.86	5.37	$9,861
Dec 2008	80	1,525	37.10	5.98	$12,083
Nov 2008	46	1,494	55.49	6.86	$12,802
Oct 2008	21	1,756	75.24	6.92	$13,735
Sep 2008	5	1,925	101.76	7.88	$15,672
Aug 2008	3	2,220	114.22	8.48	$19,175
Jul 2008	4	1,952	131.08	11.39	$22,756
Jun 2008	4	1,848	131.33	13.03	$24,610
May 2008	3	2,134	123.17	11.57	$25,069
Apr 2008	12	2,308	110.31	10.45	$25,454
Mar 2008	20	2,349	101.90	9.66	$24,739
Feb 2008	22	2,517	92.53	8.77	$24,111
Jan 2008	21	2,778	90.38	8.21	$24,694
Dec 2007	30	2,915	88.33	7.30	$23,935
Nov 2007	11	3,036	91.67	7.29	$23,146
Oct 2007	25	3,112	82.85	6.92	$23,612
Sep 2007	24	3,147	75.84	6.24	$21,471
Aug 2007	12	3,255	69.06	6.39	$21,621
Jul 2007	13	3,421	70.90	6.39	$22,775
Jun 2007	22	2,442	62.00	7.55	$19,797
May 2007	20	3,242	58.74	7.85	$26,612
Apr 2007	15	3,243	59.61	7.81	$26,206
Mar 2007	14	3,040	56.92	7.30	$22,995
Feb 2007	17	2,766	55.10	8.22	$23,662
Jan 2007	15	3,574	50.30	6.73	$24,796
Dec 2006	18	2,865	56.65	6.92	$20,841
Nov 2006	18	2,861	54.20	7.62	$22,769
Oct 2006	11	2,926	54.90	6.01	$18,200
Sep 2006	5	2,957	60.08	5.04	$15,195
Aug 2006	14	3,211	68.71	7.34	$24,530
Jul 2006	11	2,971	69.37	6.34	$19,607
Jun 2006	14	3,177	66.28	6.38	$21,210
May 2006	13	3,340	66.01	6.42	$22,318
Apr 2006	14	3,110	64.39	7.36	$23,793
Mar 2006	16	3,658	56.70	7.08	$26,817
Feb 2006	12	3,079	57.59	7.75	$24,557
Jan 2006	15	3,675	60.59	8.93	$33,739
Dec 2005	12	3,674	54.94	13.42	$49,947
Nov 2005	17	4,117	54.69	10.59	$44,522
Oct 2005	15	3,871	58.34	13.80	$54,278
Sep 2005	24	3,880	61.45	12.08	$48,341
Aug 2005	28	4,160	61.51	9.80	$42,477
Jul 2005	19	4,336	55.69	7.84	$35,068
Jun 2005	21	4,228	52.33	7.38	$32,306
May 2005	28	5,060	45.22	6.65	$34,921
Apr 2005	28	4,376	49.20	7.36	$33,587
Mar 2005	28	4,803	50.37	7.15	$35,775
Feb 2005	16	3,916	45.22	6.31	$25,441
Jan 2005	20	4,161	43.16	6.32	$27,170
Dec 2004	13	4,361	39.86	6.75	$29,960
Nov 2004	15	4,066	45.28	6.33	$26,419
Oct 2004	15	3,789	49.70	6.52	$25,431
Sep 2004	13	4,073	43.24	5.28	$22,083
Aug 2004	12	4,212	42.37	5.55	$23,888
Jul 2004	16	3,619	38.28	6.08	$22,631
Jun 2004	15	3,968	36.10	6.43	$26,068
May 2004	17	4,261	37.48	6.49	$28,311
Apr 2004	13	4,470	34.47	5.86	$26,635
Mar 2004	20	4,595	34.36	5.53	$26,098
Feb 2004	11	3,863	32.45	5.51	$21,641
Jan 2004	14	4,403	32.03	6.30	$28,186
Dec 2003	13	4,549	30.26	6.30	$29,060
Nov 2003	15	4,459	28.80	4.60	$20,922
Oct 2003	20	4,834	28.17	4.76	$23,572
Sep 2003	11	5,004	26.31	4.75	$24,055
Aug 2003	22	4,560	29.76	5.13	$24,046
Jul 2003	19	4,528	29.41	5.17	$23,972
Jun 2003	22	4,282	28.56	5.98	$26,247
May 2003	22	4,164	26.59	5.97	$25,455
Apr 2003	29	3,805	26.67	5.41	$21,348
Mar 2003	39	4,229	31.14	6.10	$26,995
Feb 2003	41	3,930	33.48	7.93	$32,521
Jan 2003	25	1,991	30.31	5.58	$11,872
Dec 2002	30	2,008	26.91	4.85	$10,554
Nov 2002	21	4,350	24.66	4.14	$18,514
Oct 2002	18	4,721	26.46	4.23	$20,442
Sep 2002	10	4,876	27.44	3.64	$18,000
Aug 2002	10	5,376	25.96	3.16	$17,270
Jul 2002	10	4,911	24.58	3.06	$15,282
Jun 2002	10	4,737	23.73	3.34	$16,051
May 2002	12	4,921	24.66	3.58	$17,933
Apr 2002	9	3,928	23.65	3.51	$14,009
Mar 2002	17	4,772	22.00	3.10	$15,180
Feb 2002	16	3,667	18.22	2.38	$9,003
Jan 2002	15	4,257	17.17	2.38	$10,371
Dec 2001	23	4,325	16.93	2.36	$10,615
Nov 2001	17	4,090	18.07	2.41	$10,146
Oct 2001	12	3,728	19.78	2.53	$9,665
Sep 2001	19	4,385	24.26	2.25	$10,333
Aug 2001	11	2,051	24.87	3.05	$6,536
Jul 2001	36	3,990	23.93	3.20	$13,618
Jun 2001	24	4,091	24.56	3.82	$16,234
May 2001	24	5,436	25.52	4.31	$24,027
Apr 2001	22	3,749	24.68	5.34	$20,545
Mar 2001	39	3,841	24.54	5.38	$21,608
Feb 2001	21	4,377	27.75	5.77	$25,825
Jan 2001	37	5,604	27.47	8.40	$48,083
Dec 2000	0	5,393	26.88	9.12	$49,198
Nov 2000	36	5,193	32.21	5.66	$30,542
Oct 2000	24	5,351	31.23	5.15	$28,283
Sep 2000	21	5,203	31.87	5.19	$27,655
Aug 2000	19	4,953	29.64	4.54	$23,053
Jul 2000	15	4,693	28.53	4.09	$19,621
Jun 2000	31	4,893	29.30	4.40	$22,424
May 2000	23	5,468	27.26	3.68	$20,748
Apr 2000	70	2,431	24.51	3.12	$9,291
Mar 2000	0	5,794	28.42	2.86	$16,569
Feb 2000	0	5,477	27.62	2.73	$14,933
Jan 2000	0	5,641	25.27	2.48	$13,993
Dec 1999	0	6,026	24.28	2.42	$14,605
Nov 1999	0	5,624	23.19	2.43	$13,689
Oct 1999	0	6,064	20.98	2.80	$17,002
Sep 1999	0	5,861	21.75	2.62	$15,349
Aug 1999	0	6,055	19.26	2.88	$17,412
Jul 1999	0	6,157	17.89	2.37	$14,607
Jun 1999	0	5,974	15.94	2.36	$14,111
May 1999	0	6,304	15.79	2.32	$14,632
Apr 1999	0	6,459	15.10	2.21	$14,262
Mar 1999	0	6,239	12.47	1.84	$11,469
Feb 1999	0	5,084	9.98	1.82	$9,242
Jan 1999	0	6,365	10.38	1.90	$12,093
Dec 1998	0	6,519	9.20	1.77	$11,560
Nov 1998	0	5,951	10.89	2.19	$13,007
Oct 1998	0	6,486	12.42	1.97	$12,772
Sep 1998	0	6,328	12.59	2.08	$13,179
Aug 1998	0	6,348	11.30	1.91	$12,108
Jul 1998	0	6,296	11.74	2.24	$14,086
Jun 1998	0	6,584	11.24	2.24	$14,730
May 1998	0	6,659	12.62	2.21	$14,692
Apr 1998	0	6,564	13.04	2.51	$16,445
Mar 1998	0	6,933	12.80	2.31	$16,011
Feb 1998	0	6,532	13.95	2.30	$15,018
Jan 1998	0	7,211	14.70	2.15	$15,538
Dec 1997	0	7,536	16.32	2.41	$18,170
Nov 1997	0	7,502	18.19	3.09	$23,168
Oct 1997	0	7,707	19.25	3.15	$24,276
Sep 1997	0	7,711	17.74	2.95	$22,785
Aug 1997	0	7,999	17.86	2.55	$20,435
Jul 1997	0	8,107	17.58	2.25	$18,216
Jun 1997	0	7,521	17.24	2.26	$16,976
May 1997	0	8,163	18.97	2.31	$18,844
Apr 1997	0	8,315	17.88	2.08	$17,318
Mar 1997	0	9,038	18.95	1.94	$17,526
Feb 1997	0	8,502	20.49	2.21	$18,755
Jan 1997	0	9,266	23.48	3.54	$32,799
Dec 1996	0	8,995	23.32	—	$0
Nov 1996	0	8,923	21.97	—	$0
Oct 1996	0	9,227	23.31	—	$0
Sep 1996	0	8,961	22.22	—	$0
Aug 1996	0	10,001	20.26	—	$0
Jul 1996	0	11,187	19.55	—	$0
Jun 1996	0	10,548	18.73	—	$0
May 1996	0	10,107	19.43	—	$0
Apr 1996	0	9,765	21.51	—	$0
Mar 1996	0	10,575	19.38	—	$0
Feb 1996	0	10,147	16.98	—	$0
Jan 1996	0	10,215	17.07	—	$0
Dec 1995	0	10,804	17.19	—	$0
Nov 1995	0	10,225	16.00	—	$0
Oct 1995	0	11,442	15.43	—	$0
Sep 1995	0	11,854	16.18	—	$0
Aug 1995	0	11,142	15.92	—	$0
Jul 1995	0	11,110	15.24	—	$0
Jun 1995	0	12,661	16.41	—	$0
May 1995	0	14,772	17.56	—	$0
Apr 1995	0	13,476	17.73	—	$0
Mar 1995	0	14,569	16.44	—	$0
Feb 1995	0	13,760	16.58	—	$0
Jan 1995	0	15,812	15.92	—	$0
Dec 1994	0	16,920	15.03	—	$0
Nov 1994	0	15,871	15.90	—	$0
Oct 1994	0	10,438	15.58	—	$0
Sep 1994	0	12,654	15.29	—	$0
Aug 1994	0	14,072	16.13	—	$0
Jul 1994	0	14,721	17.56	—	$0
Jun 1994	0	13,235	17.09	—	$0
May 1994	0	15,697	15.88	—	$0
Apr 1994	0	13,153	14.14	—	$0
Mar 1994	0	13,118	12.46	—	$0
Feb 1994	143	14,494	12.50	—	$1,788
Jan 1994	152	14,419	12.66	—	$1,924
Dec 1993	55	5,302	12.33	—	$678
Nov 1993	181	16,404	14.49	—	$2,623
Oct 1993	253	21,518	15.85	—	$4,010
Sep 1993	267	22,339	15.03	—	$4,013
Aug 1993	131	14,662	15.66	—	$2,051
Jul 1993	129	23,093	15.46	—	$1,994
Jun 1993	191	33,481	16.79	—	$3,207
May 1993	282	35,524	17.68	—	$4,986
Apr 1993	105	12,755	18.05	—	$1,895
Mar 1993	287	37,467	18.14	—	$5,206
Feb 1993	358	49,967	17.90	—	$6,408
Jan 1993	53	8,547	16.93	—	$897

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.

Dec 2011 — as filed, then multipliedworked

Condensate             0 bbl  × $ 96.87 =         $0
Gas                    1 Mcf  × $  3.24 =         $3

────────────────────────────────────────────────────
Month total                                       $3

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/144390 is the state's own key, not one this site invented.