WIPPRECHT GU 1

Operated by LRE OPERATING, LLC (P-5 511727) in the REKLAW (TRAVIS PEAK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 203808District 06Field 758396252 tax incentive programmesCondensateGasSaveExport
Value, all time
$898 k
Jun 2004 – Apr 2015
Value, last 12 filed months
$0
at the published price for each month
Months reported
131
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 93 leases and 93 wells, and the rule below applies to all of them.

Discovered
1979-12-10
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2006-01-10.

The Commission's schedule remark for this field reads: #06-0244735. ALLOCATION FORMULA REMAINS SUSPENDED.

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 Gas112004-11-19159619
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
CondensateDisposition934 bbl$47,218
GasProduction120,317 Mcf$850,606
Total$897,823

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 31.7446, -95.0124. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.74458, -95.01243 · 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
9,800 ft
1 wells filed one
Completion to plug
10.8 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 9,800 ft.

Completions filed
Jun 2004
1 of 1 wells
Plug dates filed
Apr 2015
1 of 1 wells

Last completion to plug: a median of 10.8 years across the 1 well that filed both dates, with the middle half between 10.8 years and 10.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-0733109169,800 ftJun 2004Apr 2015Yes

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 (131)

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

131 months

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 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 201107996.873.24$256
Nov 201108295.723.31$272
Oct 20110384.983.65$11
Sep 2011011283.623.99$446
Aug 201104883.404.15$199
Jul 201109794.144.52$438
Jun 201105592.904.64$255
May 2011015898.134.40$696
Apr 2011032105.964.33$139
Mar 2011016996.364.06$686
Feb 2011014985.644.18$623
Jan 20110086.504.59$0
Dec 2010010885.734.35$470
Nov 2010010080.843.80$380
Oct 20100078.103.51$0
Sep 20100672.633.98$24
Aug 2010013673.684.42$601
Jul 2010016672.554.74$786
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090271.445.48$11
Nov 20090074.593.75$0
Oct 200902872.544.11$115
Sep 2009015065.543.06$460
Aug 2009011867.423.22$380
Jul 2009016861.133.46$582
Jun 200901066.163.90$39
May 2009114554.743.93$624
Apr 2009014746.773.59$527
Mar 2009019542.144.06$792
Feb 2009012732.814.63$588
Jan 2009016235.865.37$870
Dec 2008114237.105.98$886
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 20085120101.767.88$1,454
Aug 20080309114.228.48$2,621
Jul 200801131.0811.39$11
Jun 20084417131.3313.03$5,960
May 20080752123.1711.57$8,704
Apr 20080932110.3110.45$9,744
Mar 200801,081101.909.66$10,447
Feb 200801,09492.538.77$9,595
Jan 2008014690.388.21$1,198
Dec 200731,02388.337.30$7,735
Nov 200701,25491.677.29$9,144
Oct 200701,21782.856.92$8,424
Sep 200781,00975.846.24$6,907
Aug 200701,13369.066.39$7,238
Jul 200791,56370.906.39$10,622
Jun 200701,52162.007.55$11,481
May 2007101,72458.747.85$14,114
Apr 200751,35459.617.81$10,866
Mar 20071138856.927.30$3,459
Feb 2007632555.108.22$3,001
Jan 2007131,09250.306.73$8,000
Dec 2006171,32556.656.92$10,130
Nov 20062393754.207.62$8,384
Oct 200601,28354.906.01$7,716
Sep 200601,01460.085.04$5,108
Aug 2006050768.717.34$3,721
Jul 2006431,37669.376.34$11,711
Jun 2006451,39466.286.38$11,882
May 200601,39166.016.42$8,937
Apr 200601,51764.397.36$11,166
Mar 2006651,09256.707.08$11,420
Feb 200602,05457.597.75$15,921
Jan 200601,77860.598.93$15,883
Dec 2005252,03454.9413.42$28,660
Nov 200501,84554.6910.59$19,536
Oct 200502,04958.3413.80$28,268
Sep 200502,88861.4512.08$34,884
Aug 2005511,73361.519.80$20,115
Jul 200502,48955.697.84$19,523
Jun 2005562,29252.337.38$19,848
May 200503,05645.226.65$20,326
Apr 2005773,22049.207.36$27,489
Mar 200503,15250.377.15$22,552
Feb 2005522,86245.226.31$20,416
Jan 200503,64343.166.32$23,032
Dec 2004343,70239.866.75$26,348
Nov 2004284,98645.286.33$32,831
Oct 200405,91949.706.52$38,563
Sep 2004817,70243.245.28$44,199
Aug 20041299,39842.375.55$57,631
Jul 200413220,33038.286.08$128,744
Jun 20040036.106.43$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.

Dec 2011 — as filed, then multipliedworked
Condensate             0 bbl  × $ 96.87 =         $0
Gas                   79 Mcf  × $  3.24 =       $256

────────────────────────────────────────────────────
Month total                                     $256

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/203808 is the state's own key, not one this site invented.