LOWE UNIT

Operated by L.C.S. PRODUCTION COMPANY (P-5 479574) in the BROOKELAND (AUSTIN CHALK, 8800) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 156655District 06Field 12193500CondensateGasSave
Value, all time
$1.3 M
May 1995 – Jun 2004
Value, last 12 filed months
$0
at the published price for each month
Months reported
110
no gaps in the span
Streams
2
condensate, gas

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
CondensateDisposition8,446 bbl$147,678
GasProduction876,277 Mcf$1,138,977
Total$1,286,656

478,625 Mcf of this lease's gas, across 14 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 31.2413, -93.7725. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.24133, -93.77253 · 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
9,495 ft
1 wells filed one
Completion to plug
9.1 years
median over 1 wells

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 9,495 ft.

Completions filed
May 1995
1 of 1 wells
Plug dates filed
Jun 2004
1 of 1 wells

Last completion to plug: a median of 9.1 years across the 1 well that filed both dates, with the middle half between 9.1 years and 9.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4033039619,495 ftMay 1995Jun 2004Yes

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 (110)

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

110 months

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 200308033.487.93$634
Jan 2003044530.315.58$2,484
Dec 2002016426.914.85$796
Nov 200218257624.664.14$6,871
Oct 200211,02126.464.23$4,344
Sep 200271,16727.443.64$4,434
Aug 200201,59325.963.16$5,041
Jul 200201,94224.583.06$5,946
Jun 200202,44623.733.34$8,165
May 200202,57924.663.58$9,243
Apr 200202,79523.653.51$9,817
Mar 2002103,53422.003.10$11,185
Feb 200202,58318.222.38$6,136
Jan 2002163,48317.172.38$8,549
Dec 2001173,48016.932.36$8,516
Nov 20011603,66418.072.41$11,705
Oct 200103,66919.782.53$9,278
Sep 200104,30024.262.25$9,681
Aug 20011763,80724.873.05$16,001
Jul 2001153,33023.933.20$11,005
Jun 2001353,82424.563.82$15,483
May 200104,46625.524.31$19,236
Apr 200104,22124.685.34$22,520
Mar 200104,05524.545.38$21,801
Feb 200103,51327.755.77$20,260
Jan 200102,90927.478.40$24,432
Dec 200005,35926.889.12$48,887
Nov 200004,58232.215.66$25,925
Oct 200005,35931.235.15$27,575
Sep 200003,30331.875.19$17,131
Aug 200005,79029.644.54$26,291
Jul 200003,54228.534.09$14,486
Jun 200004,16429.304.40$18,310
May 200003,48427.263.68$12,820
Apr 200003,57124.513.12$11,127
Mar 200004,46728.422.86$12,775
Feb 200004,87627.622.73$13,294
Jan 200006,63125.272.48$16,448
Dec 199902,72024.282.42$6,593
Nov 199904,56823.192.43$11,118
Oct 199903,41420.982.80$9,572
Sep 199904,57621.752.62$11,984
Aug 199901,43519.262.88$4,126
Jul 199909,04917.892.37$21,468
Jun 199909,74915.942.36$23,028
May 199908,61915.792.32$20,005
Apr 199918,77615.102.21$19,393
Mar 1999012,79712.471.84$23,525
Feb 1999023,8569.981.82$43,365
Jan 199905,13610.381.90$9,758
Dec 199818010,1429.201.77$19,641
Nov 1998011,03610.892.19$24,122
Oct 19981898,57812.421.97$19,239
Sep 199804412.592.08$92
Aug 199806,82711.301.91$13,021
Jul 199818110,16111.742.24$24,858
Jun 199803,52211.242.24$7,880
May 1998086512.622.21$1,908
Apr 1998022513.042.51$564
Mar 1998187012.802.31$2,394
Feb 199804,94313.952.30$11,365
Jan 1998017,73114.702.15$38,207
Dec 199718110,85216.322.41$29,119
Nov 199709,14718.193.09$28,248
Oct 199707,18519.253.15$22,631
Sep 199718110,47917.742.95$34,175
Aug 1997011,18517.862.55$28,575
Jul 199718114,64517.582.25$36,088
Jun 199734818,50417.242.26$47,767
May 19970118.972.31$2
Apr 19970117.882.08$2
Mar 199793018.951.94$1,762
Feb 1997210,41720.492.21$23,020
Jan 199718511,69323.483.54$45,734
Dec 199635914,48123.32$8,372
Nov 19962614,15021.97$571
Oct 199635814,86523.31$8,345
Sep 1996016,47822.22$0
Aug 1996017,80120.26$0
Jul 199635515,39519.55$6,940
Jun 199635218,17818.73$6,593
May 199618018,18319.43$3,497
Apr 1996019,52521.51$0
Mar 199636336,14319.38$7,035
Feb 19960016.98$0
Jan 199686017.07$1,468
Dec 19950017.19$0
Nov 19950016.00$0
Oct 199577152,55715.43$11,897
Sep 199596993,99416.18$15,678
Aug 19951,892118,16015.92$30,121
Jul 199520728,71515.24$3,155
Jun 19950016.41$0
May 19950017.56$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.

Feb 2003 — as filed, then multipliedworked
Condensate             0 bbl  × $ 33.48 =         $0
Gas                   80 Mcf  × $  7.93 =       $634

────────────────────────────────────────────────────
Month total                                     $634

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/156655 is the state's own key, not one this site invented.