U.S.A. - HAILEY, THOMAS

Operated by LEGACY RESERVES OPERATING LP (P-5 495445) in the BRIDGES, E. (JAMES LIME) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 148552District 06Field 11920300NGPA filingCondensateGasSaveExport
Value, all time
$248 k
Jul 1993 – May 2018
Value, last 12 filed months
$0
at the published price for each month
Months reported
299
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 41 leases and 41 wells, and the rule below applies to all of them.

Discovered
1982-09-02
as the register files it
Field class
Gas
the register's own label
Between wells
1,320 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 2003-09-09.

The Commission's schedule remark for this field reads: AND ALLOCATION FORMULA EFF. 9-9-03.

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
CondensateDisposition394 bbl$7,373
GasProduction152,996 Mcf$240,208
Total$247,581

81,734 Mcf of this lease's gas, across 27 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 31.6643, -93.8883. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.66429, -93.88830 · 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
10,079 ft
1 wells filed one
Completion to plug
18.9 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 10,079 ft.

Completions filed
Jun 1999
1 of 1 wells
Plug dates filed
May 2018
1 of 1 wells

Last completion to plug: a median of 18.9 years across the 1 well that filed both dates, with the middle half between 18.9 years and 18.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-41930655110,079 ftJun 1999May 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 (299)

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

299 months

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 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 20120464101.652.00$927
Mar 201201,015105.052.22$2,255
Feb 20120966101.102.57$2,483
Jan 2012085698.092.73$2,340
Dec 2011099296.873.24$3,214
Nov 2011095095.723.31$3,146
Oct 2011095884.983.65$3,495
Sep 2011062683.623.99$2,495
Aug 2011078283.404.15$3,245
Jul 201101,06894.144.52$4,824
Jun 2011087392.904.64$4,051
May 201101,05498.134.40$4,643
Apr 20110826105.964.33$3,579
Mar 2011083996.364.06$3,404
Feb 2011085285.644.18$3,561
Jan 2011086286.504.59$3,956
Dec 2010078185.734.35$3,396
Nov 2010058780.843.80$2,228
Oct 2010064378.103.51$2,256
Sep 2010070972.633.98$2,821
Aug 2010079973.684.42$3,531
Jul 2010089472.554.74$4,234
Jun 2010088770.364.91$4,356
May 2010086471.124.24$3,659
Apr 201001,02181.694.12$4,209
Mar 201001,16378.394.39$5,104
Feb 201001,32773.585.44$7,222
Jan 201001,07774.365.96$6,423
Dec 200901,08471.445.48$5,944
Nov 2009092874.593.75$3,481
Oct 200901,00672.544.11$4,135
Sep 2009055365.543.06$1,695
Aug 200901,29967.423.22$4,181
Jul 200901,48561.133.46$5,145
Jun 200901,52166.163.90$5,924
May 200901,91854.743.93$7,530
Apr 200902,84446.773.59$10,203
Mar 200903,93142.144.06$15,956
Feb 200901,41332.814.63$6,546
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
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 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 200057027.622.73$1,574
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 1999011623.192.43$282
Oct 1999028920.982.80$810
Sep 1999055021.752.62$1,440
Aug 1999050019.262.88$1,438
Jul 199901,15217.892.37$2,733
Jun 1999075015.942.36$1,772
May 1999072315.792.32$1,678
Apr 199901,01215.102.21$2,235
Mar 1999056012.471.84$1,029
Feb 199902549.981.82$462
Jan 1999068110.381.90$1,294
Dec 199806039.201.77$1,069
Nov 1998052910.892.19$1,156
Oct 1998040512.421.97$798
Sep 1998062912.592.08$1,310
Aug 1998072111.301.91$1,375
Jul 1998068111.742.24$1,524
Jun 1998061311.242.24$1,371
May 1998075812.622.21$1,672
Apr 1998069013.042.51$1,729
Mar 199801,28012.802.31$2,956
Feb 1998022713.952.30$522
Jan 1998058114.702.15$1,252
Dec 1997096916.322.41$2,336
Nov 199701,47318.193.09$4,549
Oct 1997033819.253.15$1,065
Sep 199701,42017.742.95$4,196
Aug 199701,52717.862.55$3,901
Jul 19971271,85417.582.25$6,398
Jun 199701,11417.242.26$2,515
May 199701,08918.972.31$2,514
Apr 1997091617.882.08$1,908
Mar 199701,04718.951.94$2,030
Feb 199701,12820.492.21$2,488
Jan 199701,36623.483.54$4,835
Dec 199601,40123.32$0
Nov 199601,47521.97$0
Oct 199601,84223.31$0
Sep 199601,46822.22$0
Aug 199601,44120.26$0
Jul 199601,46119.55$0
Jun 199601,34518.73$0
May 199601,76719.43$0
Apr 199601,49721.51$0
Mar 199601,76719.38$0
Feb 19962101,82516.98$3,566
Jan 199602,02117.07$0
Dec 199502,26917.19$0
Nov 199501,82816.00$0
Oct 199502,64615.43$0
Sep 199503,09416.18$0
Aug 199503,38815.92$0
Jul 199503,36015.24$0
Jun 19950016.41$0
May 19950017.56$0
Apr 19950017.73$0
Mar 19950016.44$0
Feb 19950016.58$0
Jan 199502,69015.92$0
Dec 199405,20015.03$0
Nov 199404,03015.90$0
Oct 19940015.58$0
Sep 199403,22215.29$0
Aug 199405,78016.13$0
Jul 1994060817.56$0
Jun 19940017.09$0
May 19940015.88$0
Apr 19940014.14$0
Mar 19940012.46$0
Feb 19940012.50$0
Jan 19940012.66$0
Dec 19930012.33$0
Nov 19930014.49$0
Oct 19930015.85$0
Sep 1993012,94215.03$0
Aug 199305,36015.66$0
Jul 199306,00715.46$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.

Apr 2012 — as filed, then multipliedworked
Condensate             0 bbl  × $101.65 =         $0
Gas                  464 Mcf  × $  2.00 =       $927

────────────────────────────────────────────────────
Month total                                     $927

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/148552 is the state's own key, not one this site invented.