LONGINO, ET AL UNIT

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 159662District 06Field 160321742 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.3 M
Aug 1996 – Sep 2015
Value, last 12 filed months
$35 k
at the published price for each month
Months reported
230
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 Gas111996-10-11135455
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
CondensateDisposition20,481 bbl$514,293
GasProduction1,616,991 Mcf$5,772,859
Total$6,287,152

175,877 Mcf of this lease's gas, across 5 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 32.2839, -94.3637. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.28390, -94.36374 · 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
9,915 ft
1 wells filed one
Completion to plug
6.9 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 9,915 ft.

Completions filed
Sep 2015
1 of 1 wells
Plug dates filed
Aug 2022
1 of 1 wells

Last completion to plug: a median of 6.9 years across the 1 well that filed both dates, with the middle half between 6.9 years and 6.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3653343339,915 ftSep 2015Aug 2022Yes

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 (230)

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

230 months

Sep 20150042.992.76$0
Aug 2015073240.162.87$2,103
Jul 2015081348.152.95$2,394
Jun 2015079456.152.88$2,289
May 2015085355.212.96$2,521
Apr 2015063049.822.71$1,705
Mar 2015067042.892.93$1,966
Feb 2015044644.662.98$1,327
Jan 201501,14343.433.10$3,544
Dec 201401,57654.693.59$5,660
Nov 201401,32170.464.25$5,617
Oct 201401,44278.303.90$5,625
Sep 2014054886.164.05$2,217
Aug 2014055989.394.04$2,256
Jul 2014064096.564.18$2,675
Jun 2014062098.164.74$2,937
May 201401,00694.734.73$4,755
Apr 2014085495.944.81$4,107
Mar 201401,02395.895.06$5,173
Feb 201401,42497.406.19$8,817
Jan 201401,27290.404.86$6,183
Dec 201301,31491.824.35$5,722
Nov 201302,26588.853.74$8,467
Oct 201303,14097.423.78$11,867
Sep 20130556104.113.72$2,067
Aug 20130531104.253.52$1,871
Jul 20130654102.523.72$2,431
Jun 2013064294.403.93$2,525
May 2013069494.834.15$2,879
Apr 2013055993.964.28$2,394
Mar 2013044393.623.91$1,733
Feb 20130091.233.42$0
Jan 201302,80491.603.42$9,589
Dec 201203,55686.773.42$12,162
Nov 201203,50586.953.62$12,705
Oct 201203,81389.383.40$12,963
Sep 201204,14594.672.92$12,097
Aug 201202,92792.662.91$8,512
Jul 201203,36785.133.02$10,171
Jun 201202,90679.822.52$7,320
May 201203,90991.612.49$9,727
Apr 201204,219101.652.00$8,425
Mar 201203,883105.052.22$8,628
Feb 201203,653101.102.57$9,389
Jan 201204,14798.092.73$11,338
Dec 201102,39096.873.24$7,743
Nov 201101,72395.723.31$5,705
Oct 201101,92684.983.65$7,027
Sep 201103,69183.623.99$14,712
Aug 201103,83483.404.15$15,908
Jul 201103,80794.144.52$17,197
Jun 201103,97792.904.64$18,453
May 201104,37698.134.40$19,275
Apr 201104,308105.964.33$18,668
Mar 201104,75896.364.06$19,305
Feb 201104,47885.644.18$18,718
Jan 201105,02786.504.59$23,068
Dec 201003,53185.734.35$15,352
Nov 201002,10380.843.80$7,982
Oct 201003,47778.103.51$12,200
Sep 2010203,45072.633.98$15,182
Aug 201033,58773.684.42$16,073
Jul 201014,10172.554.74$19,497
Jun 201001,55070.364.91$7,611
May 201001,39971.124.24$5,925
Apr 201011,19481.694.12$5,004
Mar 201001,54678.394.39$6,785
Feb 2010296573.585.44$5,399
Jan 201001,31474.365.96$7,837
Dec 200941,65671.445.48$9,367
Nov 200901,61574.593.75$6,059
Oct 200901,67272.544.11$6,872
Sep 2009331,73265.543.06$7,471
Aug 200901,80867.423.22$5,819
Jul 200902,68761.133.46$9,309
Jun 2009324,65266.163.90$20,237
May 2009323,73954.743.93$16,430
Apr 2009322,46546.773.59$10,340
Mar 2009423,62142.144.06$16,468
Feb 2009401,24232.814.63$7,067
Jan 2009504,10835.865.37$23,857
Dec 2008202,67537.105.98$16,731
Nov 2008203,92055.496.86$28,002
Oct 2008214,68675.246.92$34,016
Sep 2008204,307101.767.88$35,962
Aug 2008255,213114.228.48$47,077
Jul 2008395,053131.0811.39$62,663
Jun 2008164,180131.3313.03$56,578
May 200804,835123.1711.57$55,962
Apr 200802,535110.3110.45$26,503
Mar 200833,998101.909.66$38,943
Feb 200844,16592.538.77$36,900
Jan 200812,22890.388.21$18,373
Dec 200792,74288.337.30$20,817
Nov 200792,36391.677.29$18,055
Oct 200702,65282.856.92$18,357
Sep 200702,34275.846.24$14,624
Aug 2007273,44769.066.39$23,884
Jul 200753,17270.906.39$20,617
Jun 2007443,90962.007.55$32,235
May 2007706,09058.747.85$51,896
Apr 2007764,12259.617.81$36,703
Mar 20071083,99556.927.30$35,319
Feb 200744,16755.108.22$34,456
Jan 2007323,00650.306.73$21,831
Dec 200613,79056.656.92$26,278
Nov 2006695,66754.207.62$46,908
Oct 2006354,50954.906.01$29,038
Sep 2006135,04960.085.04$26,214
Aug 200633,34268.717.34$24,736
Jul 200673,76369.376.34$24,353
Jun 2006233,40966.286.38$23,287
May 2006595,06966.016.42$36,463
Apr 2006575,10164.397.36$41,216
Mar 2006575,90856.707.08$45,078
Feb 2006535,31857.597.75$44,273
Jan 2006496,65160.598.93$62,384
Dec 2005784,87754.9413.42$69,712
Nov 2005982,51254.6910.59$31,958
Oct 2005932,39258.3413.80$38,425
Sep 20051113,57061.4512.08$49,943
Aug 20051144,33961.519.80$49,521
Jul 20051205,40455.697.84$49,070
Jun 2005675,00152.337.38$40,419
May 2005335,81445.226.65$40,162
Apr 2005246,15849.207.36$46,507
Mar 2005626,28050.377.15$48,056
Feb 2005184,22045.226.31$27,450
Jan 20051643,70343.166.32$30,489
Dec 2004984,56639.866.75$34,732
Nov 20041915,24345.286.33$41,839
Oct 2004875,21349.706.52$38,287
Sep 2004805,19543.245.28$30,909
Aug 2004994,06042.375.55$26,730
Jul 2004354,91538.286.08$31,244
Jun 2004356,12536.106.43$40,666
May 2004705,15537.486.49$36,103
Apr 20041055,79134.475.86$37,546
Mar 2004776,31034.365.53$37,541
Feb 2004774,80132.455.51$28,950
Jan 20041225,82632.036.30$40,609
Dec 2003445,82330.266.30$38,026
Nov 2003705,71828.804.60$28,291
Oct 2003646,35228.174.76$32,036
Sep 2003625,32126.314.75$26,903
Aug 2003695,83429.765.13$31,980
Jul 2003836,50129.415.17$36,057
Jun 2003936,04828.565.98$38,841
May 20031396,78726.595.97$44,233
Apr 20031096,74226.675.41$39,363
Mar 20031586,84331.146.10$46,635
Feb 20031105,98033.487.93$51,080
Jan 20031476,62230.315.58$41,420
Dec 20021137,92726.914.85$41,517
Nov 20021127,46624.664.14$33,648
Oct 20021008,29626.464.23$37,731
Sep 20021018,19727.443.64$32,569
Aug 20021128,66925.963.16$30,338
Jul 20021269,75024.583.06$32,949
Jun 2002716,50623.733.34$23,403
May 20021016,22524.663.58$24,801
Apr 20021196,15823.653.51$24,443
Mar 20021307,57822.003.10$26,372
Feb 2002856,00718.222.38$15,819
Jan 2002427,88117.172.38$19,444
Dec 200138,90916.932.36$21,115
Nov 200178,69418.072.41$21,040
Oct 2001259,59719.782.53$24,764
Sep 2001214,70524.262.25$11,102
Aug 2001576,91024.873.05$22,515
Jul 2001656,21723.933.20$21,432
Jun 2001777,11824.563.82$29,111
May 20011217,86425.524.31$36,961
Apr 20011387,11624.685.34$41,372
Mar 20011418,22724.545.38$47,692
Feb 20011277,63927.755.77$47,579
Jan 2001868,89827.478.40$77,095
Dec 2000528,18526.889.12$76,065
Nov 2000467,76432.215.66$45,410
Oct 2000528,63331.235.15$46,045
Sep 20001059,01231.875.19$50,087
Aug 200010411,25729.644.54$54,198
Jul 200011711,14428.534.09$48,914
Jun 2000605,45329.304.40$25,736
May 2000877,66127.263.68$30,562
Apr 20001028,63424.513.12$29,404
Mar 20001719,35028.422.86$31,598
Feb 20001148,65727.622.73$26,752
Jan 200011710,20725.272.48$28,275
Dec 199916611,22024.282.42$31,225
Nov 199911411,33223.192.43$30,226
Oct 199915112,23720.982.80$37,477
Sep 199913213,74321.752.62$38,862
Aug 199919814,94919.262.88$46,801
Jul 199919115,28917.892.37$39,688
Jun 199920412,63115.942.36$33,087
May 199924514,19415.792.32$36,813
Apr 199929714,32015.102.21$36,104
Mar 199951213,84612.471.84$31,838
Feb 199953913,1449.981.82$29,272
Jan 199987917,07210.381.90$41,560
Dec 19982955,4439.201.77$12,366
Nov 199818013,57310.892.19$31,627
Oct 199817915,09512.421.97$31,948
Sep 199818016,51112.592.08$36,652
Aug 199818115,73011.301.91$32,048
Jul 199817716,79411.742.24$39,651
Jun 199818116,21411.242.24$38,310
May 199817918,71812.622.21$43,557
Apr 199817616,49513.042.51$43,620
Mar 199818717,84912.802.31$43,615
Feb 199818818,20013.952.30$44,467
Jan 199818820,91314.702.15$47,827
Dec 199719421,14516.322.41$54,149
Nov 199719118,65218.193.09$61,077
Oct 199736320,81519.253.15$72,551
Sep 199717721,87417.742.95$67,775
Aug 199718921,84117.862.55$59,174
Jul 199735324,12917.582.25$60,422
Jun 199717723,04717.242.26$55,073
May 199735823,59718.972.31$61,265
Apr 199735824,11217.882.08$56,621
Mar 199717725,81718.951.94$53,417
Feb 199736624,63920.492.21$61,851
Jan 199753828,49723.483.54$113,503
Dec 199654231,00923.32$12,639
Nov 199653931,19821.97$11,842
Oct 199673239,52423.31$17,063
Sep 19961,06642,83422.22$23,687
Aug 199655831,31220.26$11,305

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.

Aug 2015 — as filed, then multipliedworked
Condensate             0 bbl  × $ 40.16 =         $0
Gas                  732 Mcf  × $  2.87 =     $2,103

────────────────────────────────────────────────────
Month total                                   $2,103

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/159662 is the state's own key, not one this site invented.