LATHROP, F.K. GAS UNIT

Name: LATHROP, F.K. GAS UNIT lease production and value, Apr 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by TANOS EXPLORATION, LLC (P-5 835977) 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 145352District 06Field 977521102 tax incentive programmesCondensateGasSave Export

Value, all time

$3.3 M

Apr 1993 – Nov 2011

Value, last 12 filed months

$78 k

at the published price for each month

Months reported

224

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	1993-07-01	127619
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	6,009 bbl	$143,996
Gas	Production	1,829,368 Mcf	$3,155,257
Total			$3,299,253

1,087,667 Mcf of this lease's gas, across 45 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 32.5440, -94.8276. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.54399, -94.82758 · 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

10,770 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 10,770 ft.

Completions filed

Nov 2011

1 of 1 wells

1 well


42-18330972	4	10,770 ft	Nov 2011	—	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 (224)

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

224 months


Nov 2011	8	0	95.72	3.31	$766
Oct 2011	0	17	84.98	3.65	$62
Sep 2011	0	932	83.62	3.99	$3,715
Aug 2011	8	1,606	83.40	4.15	$7,331
Jul 2011	18	1,743	94.14	4.52	$9,568
Jun 2011	0	1,652	92.90	4.64	$7,665
May 2011	3	1,763	98.13	4.40	$8,060
Apr 2011	8	1,824	105.96	4.33	$8,752
Mar 2011	0	2,007	96.36	4.06	$8,143
Feb 2011	0	1,633	85.64	4.18	$6,826
Jan 2011	0	1,853	86.50	4.59	$8,503
Dec 2010	8	1,874	85.73	4.35	$8,834
Nov 2010	8	1,798	80.84	3.80	$7,471
Oct 2010	4	1,871	78.10	3.51	$6,878
Sep 2010	8	1,766	72.63	3.98	$7,609
Aug 2010	8	1,719	73.68	4.42	$8,186
Jul 2010	9	1,773	72.55	4.74	$9,051
Jun 2010	8	1,656	70.36	4.91	$8,695
May 2010	7	1,564	71.12	4.24	$7,122
Apr 2010	12	1,613	81.69	4.12	$7,630
Mar 2010	13	1,603	78.39	4.39	$8,054
Feb 2010	8	1,515	73.58	5.44	$8,834
Jan 2010	17	1,594	74.36	5.96	$10,771
Dec 2009	14	1,731	71.44	5.48	$10,493
Nov 2009	9	1,775	74.59	3.75	$7,330
Oct 2009	10	2,026	72.54	4.11	$9,053
Sep 2009	0	1,988	65.54	3.06	$6,093
Aug 2009	0	2,136	67.42	3.22	$6,875
Jul 2009	0	2,134	61.13	3.46	$7,393
Jun 2009	0	1,942	66.16	3.90	$7,564
May 2009	0	2,042	54.74	3.93	$8,016
Apr 2009	1	2,025	46.77	3.59	$7,311
Mar 2009	6	2,443	42.14	4.06	$10,169
Feb 2009	7	1,927	32.81	4.63	$9,157
Jan 2009	7	2,160	35.86	5.37	$11,852
Dec 2008	10	2,284	37.10	5.98	$14,023
Nov 2008	6	2,133	55.49	6.86	$14,966
Oct 2008	5	2,383	75.24	6.92	$16,871
Sep 2008	2	2,375	101.76	7.88	$18,912
Aug 2008	2	2,654	114.22	8.48	$22,742
Jul 2008	3	2,829	131.08	11.39	$32,614
Jun 2008	2	3,031	131.33	13.03	$39,765
May 2008	2	2,715	123.17	11.57	$31,671
Apr 2008	6	2,833	110.31	10.45	$30,280
Mar 2008	9	2,867	101.90	9.66	$28,624
Feb 2008	8	2,504	92.53	8.77	$22,702
Jan 2008	7	2,189	90.38	8.21	$18,595
Dec 2007	8	1,894	88.33	7.30	$14,537
Nov 2007	4	1,980	91.67	7.29	$14,804
Oct 2007	9	2,753	82.85	6.92	$19,802
Sep 2007	9	2,788	75.84	6.24	$18,091
Aug 2007	4	2,870	69.06	6.39	$18,610
Jul 2007	5	2,271	70.90	6.39	$14,862
Jun 2007	9	2,429	62.00	7.55	$18,893
May 2007	6	2,916	58.74	7.85	$23,232
Apr 2007	8	1,971	59.61	7.81	$15,861
Mar 2007	11	1,911	56.92	7.30	$14,580
Feb 2007	15	1,963	55.10	8.22	$16,955
Jan 2007	16	3,071	50.30	6.73	$21,463
Dec 2006	19	2,613	56.65	6.92	$19,154
Nov 2006	20	2,593	54.20	7.62	$20,836
Oct 2006	8	2,820	54.90	6.01	$17,398
Sep 2006	4	1,686	60.08	5.04	$8,733
Aug 2006	13	2,702	68.71	7.34	$20,726
Jul 2006	11	2,881	69.37	6.34	$19,037
Jun 2006	13	2,934	66.28	6.38	$19,592
May 2006	11	2,797	66.01	6.42	$18,697
Apr 2006	14	2,751	64.39	7.36	$21,150
Mar 2006	18	3,029	56.70	7.08	$22,475
Feb 2006	14	2,929	57.59	7.75	$23,509
Jan 2006	17	2,758	60.59	8.93	$25,668
Dec 2005	13	3,244	54.94	13.42	$44,234
Nov 2005	15	2,663	54.69	10.59	$29,017
Oct 2005	11	2,578	58.34	13.80	$36,207
Sep 2005	15	2,499	61.45	12.08	$31,107
Aug 2005	22	2,377	61.51	9.80	$24,640
Jul 2005	16	2,606	55.69	7.84	$21,332
Jun 2005	18	2,678	52.33	7.38	$20,708
May 2005	24	2,848	45.22	6.65	$20,028
Apr 2005	24	2,744	49.20	7.36	$21,378
Mar 2005	22	2,857	50.37	7.15	$21,550
Feb 2005	9	2,814	45.22	6.31	$18,169
Jan 2005	12	3,245	43.16	6.32	$21,033
Dec 2004	7	3,301	39.86	6.75	$22,564
Nov 2004	9	3,122	45.28	6.33	$20,171
Oct 2004	12	3,991	49.70	6.52	$26,598
Sep 2004	11	3,812	43.24	5.28	$20,618
Aug 2004	25	4,080	42.37	5.55	$23,706
Jul 2004	30	3,605	38.28	6.08	$23,082
Jun 2004	28	3,845	36.10	6.43	$25,746
May 2004	28	3,461	37.48	6.49	$23,527
Apr 2004	22	3,686	34.47	5.86	$22,353
Mar 2004	38	3,740	34.36	5.53	$21,988
Feb 2004	22	3,113	32.45	5.51	$17,865
Jan 2004	30	3,873	32.03	6.30	$25,359
Dec 2003	28	4,137	30.26	6.30	$26,917
Nov 2003	31	4,053	28.80	4.60	$19,517
Oct 2003	40	4,834	28.17	4.76	$24,135
Sep 2003	15	3,323	26.31	4.75	$16,177
Aug 2003	11	3,338	29.76	5.13	$17,450
Jul 2003	10	3,190	29.41	5.17	$16,789
Jun 2003	11	3,261	28.56	5.98	$19,825
May 2003	11	3,407	26.59	5.97	$20,641
Apr 2003	15	3,212	26.67	5.41	$17,768
Mar 2003	19	1,979	31.14	6.10	$12,656
Feb 2003	20	3,446	33.48	7.93	$27,982
Jan 2003	12	3,366	30.31	5.58	$19,153
Dec 2002	15	3,476	26.91	4.85	$17,275
Nov 2002	11	3,724	24.66	4.14	$15,677
Oct 2002	9	3,869	26.46	4.23	$16,601
Sep 2002	7	3,901	27.44	3.64	$14,373
Aug 2002	19	4,729	25.96	3.16	$15,457
Jul 2002	18	4,070	24.58	3.06	$12,904
Jun 2002	17	3,659	23.73	3.34	$12,618
May 2002	21	4,034	24.66	3.58	$14,976
Apr 2002	20	4,112	23.65	3.51	$14,916
Mar 2002	8	4,219	22.00	3.10	$13,266
Feb 2002	3	3,373	18.22	2.38	$8,068
Jan 2002	3	4,347	17.17	2.38	$10,379
Dec 2001	4	4,476	16.93	2.36	$10,651
Nov 2001	3	3,866	18.07	2.41	$9,354
Oct 2001	2	3,389	19.78	2.53	$8,610
Sep 2001	3	4,448	24.26	2.25	$10,087
Aug 2001	6	2,043	24.87	3.05	$6,387
Jul 2001	22	4,338	23.93	3.20	$14,395
Jun 2001	14	4,368	24.56	3.82	$17,048
May 2001	14	5,683	25.52	4.31	$24,836
Apr 2001	13	4,118	24.68	5.34	$22,292
Mar 2001	26	3,808	24.54	5.38	$21,112
Feb 2001	18	4,882	27.75	5.77	$28,654
Jan 2001	27	5,460	27.47	8.40	$46,599
Dec 2000	0	4,825	26.88	9.12	$44,016
Nov 2000	28	5,184	32.21	5.66	$30,233
Oct 2000	20	5,080	31.23	5.15	$26,764
Sep 2000	21	4,791	31.87	5.19	$25,518
Aug 2000	19	5,638	29.64	4.54	$26,164
Jul 2000	15	5,136	28.53	4.09	$21,433
Jun 2000	31	5,630	29.30	4.40	$25,665
May 2000	23	5,903	27.26	3.68	$22,349
Apr 2000	70	2,720	24.51	3.12	$10,191
Mar 2000	0	6,428	28.42	2.86	$18,382
Feb 2000	0	5,783	27.62	2.73	$15,767
Jan 2000	0	6,648	25.27	2.48	$16,490
Dec 1999	0	6,592	24.28	2.42	$15,977
Nov 1999	0	6,220	23.19	2.43	$15,139
Oct 1999	0	6,033	20.98	2.80	$16,915
Sep 1999	0	6,689	21.75	2.62	$17,517
Aug 1999	0	6,939	19.26	2.88	$19,954
Jul 1999	0	6,955	17.89	2.37	$16,500
Jun 1999	0	6,936	15.94	2.36	$16,384
May 1999	0	6,475	15.79	2.32	$15,029
Apr 1999	0	7,579	15.10	2.21	$16,735
Mar 1999	0	7,274	12.47	1.84	$13,372
Feb 1999	0	7,166	9.98	1.82	$13,026
Jan 1999	0	7,697	10.38	1.90	$14,624
Dec 1998	0	8,075	9.20	1.77	$14,320
Nov 1998	0	7,835	10.89	2.19	$17,125
Oct 1998	0	8,130	12.42	1.97	$16,010
Sep 1998	0	8,395	12.59	2.08	$17,484
Aug 1998	0	7,780	11.30	1.91	$14,839
Jul 1998	0	8,651	11.74	2.24	$19,355
Jun 1998	0	8,175	11.24	2.24	$18,290
May 1998	0	8,470	12.62	2.21	$18,688
Apr 1998	0	8,288	13.04	2.51	$20,764
Mar 1998	0	8,504	12.80	2.31	$19,639
Feb 1998	0	8,491	13.95	2.30	$19,522
Jan 1998	0	9,131	14.70	2.15	$19,675
Dec 1997	0	9,409	16.32	2.41	$22,686
Nov 1997	0	9,231	18.19	3.09	$28,508
Oct 1997	0	9,622	19.25	3.15	$30,308
Sep 1997	0	9,876	17.74	2.95	$29,182
Aug 1997	0	9,960	17.86	2.55	$25,445
Jul 1997	0	10,263	17.58	2.25	$23,060
Jun 1997	0	9,771	17.24	2.26	$22,055
May 1997	0	10,458	18.97	2.31	$24,142
Apr 1997	0	10,311	17.88	2.08	$21,476
Mar 1997	0	12,471	18.95	1.94	$24,183
Feb 1997	0	12,164	20.49	2.21	$26,833
Jan 1997	0	13,387	23.48	3.54	$47,386
Dec 1996	0	14,286	23.32	—	$0
Nov 1996	0	13,585	21.97	—	$0
Oct 1996	0	12,002	23.31	—	$0
Sep 1996	0	11,140	22.22	—	$0
Aug 1996	0	12,826	20.26	—	$0
Jul 1996	0	18,618	19.55	—	$0
Jun 1996	0	9,977	18.73	—	$0
May 1996	0	14,596	19.43	—	$0
Apr 1996	0	14,507	21.51	—	$0
Mar 1996	0	14,186	19.38	—	$0
Feb 1996	0	16,313	16.98	—	$0
Jan 1996	0	16,832	17.07	—	$0
Dec 1995	0	17,648	17.19	—	$0
Nov 1995	0	15,117	16.00	—	$0
Oct 1995	0	18,790	15.43	—	$0
Sep 1995	0	18,503	16.18	—	$0
Aug 1995	0	19,780	15.92	—	$0
Jul 1995	0	18,678	15.24	—	$0
Jun 1995	0	20,186	16.41	—	$0
May 1995	0	21,733	17.56	—	$0
Apr 1995	0	22,010	17.73	—	$0
Mar 1995	0	23,990	16.44	—	$0
Feb 1995	0	22,792	16.58	—	$0
Jan 1995	0	25,700	15.92	—	$0
Dec 1994	0	26,809	15.03	—	$0
Nov 1994	0	26,192	15.90	—	$0
Oct 1994	0	17,950	15.58	—	$0
Sep 1994	0	21,287	15.29	—	$0
Aug 1994	0	23,819	16.13	—	$0
Jul 1994	0	25,375	17.56	—	$0
Jun 1994	0	26,733	17.09	—	$0
May 1994	0	27,143	15.88	—	$0
Apr 1994	0	27,873	14.14	—	$0
Mar 1994	0	31,872	12.46	—	$0
Feb 1994	304	27,172	12.50	—	$3,800
Jan 1994	369	30,640	12.66	—	$4,672
Dec 1993	407	33,965	12.33	—	$5,018
Nov 1993	415	34,529	14.49	—	$6,013
Oct 1993	262	25,285	15.85	—	$4,153
Sep 1993	311	32,648	15.03	—	$4,674
Aug 1993	332	33,678	15.66	—	$5,199
Jul 1993	366	40,013	15.46	—	$5,658
Jun 1993	403	45,288	16.79	—	$6,766
May 1993	598	64,717	17.68	—	$10,573
Apr 1993	489	50,884	18.05	—	$8,826

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.

Nov 2011 — as filed, then multipliedworked

Condensate             8 bbl  × $ 95.72 =       $766
Gas                    0 Mcf  × $  3.31 =         $0

────────────────────────────────────────────────────
Month total                                     $766

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/145352 is the state's own key, not one this site invented.