LE TOURNEAU

Operated by NEUMIN PRODUCTION COMPANY (P-5 605990) in the WILLOW SPRINGS (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 235932District 06Field 977521002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.3 M
Jan 2008 – Jul 2014
Value, last 12 filed months
$8 k
at the published price for each month
Months reported
79
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 398 leases and 398 wells, and the rule below applies to all of them.

Discovered
1975-07-10
as the register files it
Field class
Gas
the register's own label
Between wells
600 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 2016-10-25.

The Commission's schedule remark for this field reads: SINGLE RESERVOIR. PLEASE REFER TO ORDER FOR TAKE POINTS.

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 Gas112008-08-05184611
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
CondensateDisposition265 bbl$24,699
GasProduction190,416 Mcf$1,232,591
Total$1,257,290

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 32.4476, -94.7533. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.44757, -94.75331 · 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
11,200 ft
1 wells filed one
Completion to plug
6.5 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 11,200 ft.

Completions filed
Jan 2008
1 of 1 wells
Plug dates filed
Jul 2014
1 of 1 wells

Last completion to plug: a median of 6.5 years across the 1 well that filed both dates, with the middle half between 6.5 years and 6.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-18331965111,200 ftJan 2008Jul 2014Yes

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 (79)

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

79 months

Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 201483095.944.81$7,963
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 201303104.253.52$11
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 201301494.834.15$58
Apr 201302693.964.28$111
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 2012011691.612.49$289
Apr 201201,561101.652.00$3,117
Mar 201201,810105.052.22$4,022
Feb 201201,932101.102.57$4,966
Jan 201201,77598.092.73$4,853
Dec 201101,75996.873.24$5,699
Nov 201102,44395.723.31$8,089
Oct 201101,32084.983.65$4,816
Sep 201102,05983.623.99$8,207
Aug 201102,34683.404.15$9,734
Jul 201102,50394.144.52$11,307
Jun 20111632,23092.904.64$25,490
May 201102,04098.134.40$8,986
Apr 201101,957105.964.33$8,480
Mar 201102,63296.364.06$10,679
Feb 201102,64585.644.18$11,056
Jan 201101,55986.504.59$7,154
Dec 201002,23885.734.35$9,730
Nov 201002,19780.843.80$8,338
Oct 201002,88978.103.51$10,137
Sep 201012,95972.633.98$11,848
Aug 201003,91373.684.42$17,293
Jul 201003,63072.554.74$17,193
Jun 201004,26870.364.91$20,958
May 201004,41571.124.24$18,699
Apr 201004,41881.694.12$18,214
Mar 201003,86278.394.39$16,949
Feb 201005,89573.585.44$32,083
Jan 201003,82674.365.96$22,819
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 2009084672.544.11$3,477
Sep 200902,63265.543.06$8,066
Aug 200902,87267.423.22$9,244
Jul 200922,93761.133.46$10,298
Jun 200902,91866.163.90$11,366
May 200903,09554.743.93$12,150
Apr 200903,14046.773.59$11,265
Mar 200903,51742.144.06$14,276
Feb 200902,92132.814.63$13,533
Jan 200903,46335.865.37$18,600
Dec 200803,85337.105.98$23,030
Nov 200823,06655.496.86$21,145
Oct 200884,44975.246.92$31,398
Sep 200804,874101.767.88$38,393
Aug 200865,103114.228.48$43,974
Jul 200806,114131.0811.39$69,635
Jun 200806,519131.3313.03$84,960
May 200806,983123.1711.57$80,823
Apr 200808,617110.3110.45$90,090
Mar 2008011,190101.909.66$108,141
Feb 2008011,67592.538.77$102,397
Jan 2008012,39290.388.21$101,685

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 2014 — as filed, then multipliedworked
Condensate            83 bbl  × $ 95.94 =     $7,963
Gas                    0 Mcf  × $  4.81 =         $0

────────────────────────────────────────────────────
Month total                                   $7,963

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/235932 is the state's own key, not one this site invented.