LILLY UNIT

Name: LILLY UNIT lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by DEVON ENERGY PRODUCTION CO, L.P. (P-5 216378) 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 83268District 06Field 160321742 tax incentive programmesCondensateGasSave Export

Value, all time

$1.8 M

Jan 1993 – Dec 2010

Value, last 12 filed months

$35 k

at the published price for each month

Months reported

216

no gaps in the span

Streams

condensate, gas

The CARTHAGE (COTTON VALLEY) field

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.

Programme	Filings	With an approval date	Dated	Docket
High Cost Gas	1	1	2012-06-28	200205
NGPA	2	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	9,509 bbl	$225,852
Gas	Production	738,913 Mcf	$1,559,004
Total			$1,784,856

328,475 Mcf of this lease's gas, across 48 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 32.1932, -94.2751. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.19318, -94.27511 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

0.0%

0 of 1 wells

Median depth

9,650 ft

1 wells filed one

Completion to plug

—

no well filed both dates

What the state filed about each well

On the RRC proration schedule

1100.0%

A plug date is filed

00.0%

BothOn the schedule and plugged. Neither fact cancels the other.

00.0%

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 9,650 ft.

Completions filed

Dec 2010

1 of 1 wells

1 well


42-36530874	2 T	9,650 ft	Dec 2010	—	Yes

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 (216)

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

216 months


Dec 2010	1	0	85.73	4.35	$86
Nov 2010	1	245	80.84	3.80	$1,011
Oct 2010	1	329	78.10	3.51	$1,233
Sep 2010	0	361	72.63	3.98	$1,437
Aug 2010	0	404	73.68	4.42	$1,785
Jul 2010	0	555	72.55	4.74	$2,629
Jun 2010	0	528	70.36	4.91	$2,593
May 2010	0	713	71.12	4.24	$3,020
Apr 2010	0	823	81.69	4.12	$3,393
Mar 2010	0	1,012	78.39	4.39	$4,441
Feb 2010	0	1,062	73.58	5.44	$5,780
Jan 2010	0	1,353	74.36	5.96	$8,069
Dec 2009	0	1,501	71.44	5.48	$8,231
Nov 2009	0	1,816	74.59	3.75	$6,813
Oct 2009	0	2,170	72.54	4.11	$8,919
Sep 2009	0	2,307	65.54	3.06	$7,070
Aug 2009	0	1,553	67.42	3.22	$4,998
Jul 2009	0	1,583	61.13	3.46	$5,484
Jun 2009	0	1,882	66.16	3.90	$7,330
May 2009	0	2,563	54.74	3.93	$10,062
Apr 2009	0	3,090	46.77	3.59	$11,085
Mar 2009	0	3,137	42.14	4.06	$12,733
Feb 2009	0	2,186	32.81	4.63	$10,128
Jan 2009	0	1,716	35.86	5.37	$9,217
Dec 2008	0	2,259	37.10	5.98	$13,502
Nov 2008	0	2,420	55.49	6.86	$16,602
Oct 2008	0	1,828	75.24	6.92	$12,653
Sep 2008	0	1,524	101.76	7.88	$12,005
Aug 2008	0	3,330	114.22	8.48	$28,248
Jul 2008	0	2,301	131.08	11.39	$26,207
Jun 2008	0	154	131.33	13.03	$2,007
May 2008	0	179	123.17	11.57	$2,072
Apr 2008	0	193	110.31	10.45	$2,018
Mar 2008	0	209	101.90	9.66	$2,020
Feb 2008	0	192	92.53	8.77	$1,684
Jan 2008	0	196	90.38	8.21	$1,608
Dec 2007	0	232	88.33	7.30	$1,694
Nov 2007	7	238	91.67	7.29	$2,377
Oct 2007	46	291	82.85	6.92	$5,825
Sep 2007	70	394	75.84	6.24	$7,769
Aug 2007	93	994	69.06	6.39	$12,772
Jul 2007	105	1,893	70.90	6.39	$19,537
Jun 2007	85	1,039	62.00	7.55	$13,113
May 2007	38	448	58.74	7.85	$5,747
Apr 2007	0	314	59.61	7.81	$2,451
Mar 2007	0	646	56.92	7.30	$4,717
Feb 2007	0	1,024	55.10	8.22	$8,413
Jan 2007	0	1,927	50.30	6.73	$12,963
Dec 2006	0	1,339	56.65	6.92	$9,264
Nov 2006	0	1,648	54.20	7.62	$12,554
Oct 2006	0	803	54.90	6.01	$4,829
Sep 2006	0	6,930	60.08	5.04	$34,908
Aug 2006	0	0	68.71	7.34	$0
Jul 2006	0	102	69.37	6.34	$647
Jun 2006	0	407	66.28	6.38	$2,598
May 2006	0	416	66.01	6.42	$2,673
Apr 2006	0	392	64.39	7.36	$2,885
Mar 2006	0	359	56.70	7.08	$2,543
Feb 2006	0	321	57.59	7.75	$2,488
Jan 2006	0	384	60.59	8.93	$3,430
Dec 2005	0	384	54.94	13.42	$5,152
Nov 2005	0	594	54.69	10.59	$6,290
Oct 2005	10	810	58.34	13.80	$11,758
Sep 2005	35	552	61.45	12.08	$8,818
Aug 2005	26	1,113	61.51	9.80	$12,503
Jul 2005	34	2,322	55.69	7.84	$20,106
Jun 2005	36	2,271	52.33	7.38	$18,646
May 2005	36	2,596	45.22	6.65	$18,894
Apr 2005	56	2,189	49.20	7.36	$18,867
Mar 2005	118	2,254	50.37	7.15	$22,071
Feb 2005	99	2,110	45.22	6.31	$17,795
Jan 2005	142	2,312	43.16	6.32	$20,746
Dec 2004	138	2,266	39.86	6.75	$20,799
Nov 2004	78	2,168	45.28	6.33	$17,256
Oct 2004	71	1,973	49.70	6.52	$16,383
Sep 2004	59	1,932	43.24	5.28	$12,760
Aug 2004	0	2,147	42.37	5.55	$11,917
Jul 2004	0	2,273	38.28	6.08	$13,829
Jun 2004	0	2,749	36.10	6.43	$17,684
May 2004	0	1,650	37.48	6.49	$10,716
Apr 2004	0	140	34.47	5.86	$820
Mar 2004	0	592	34.36	5.53	$3,274
Feb 2004	0	531	32.45	5.51	$2,926
Jan 2004	0	518	32.03	6.30	$3,263
Dec 2003	0	480	30.26	6.30	$3,025
Nov 2003	0	920	28.80	4.60	$4,228
Oct 2003	4	1,021	28.17	4.76	$4,972
Sep 2003	18	794	26.31	4.75	$4,245
Aug 2003	30	821	29.76	5.13	$5,104
Jul 2003	37	825	29.41	5.17	$5,354
Jun 2003	30	791	28.56	5.98	$5,589
May 2003	56	684	26.59	5.97	$5,574
Apr 2003	76	614	26.67	5.41	$5,347
Mar 2003	61	639	31.14	6.10	$5,795
Feb 2003	49	694	33.48	7.93	$7,141
Jan 2003	28	712	30.31	5.58	$4,823
Dec 2002	39	711	26.91	4.85	$4,501
Nov 2002	26	750	24.66	4.14	$3,744
Oct 2002	17	922	26.46	4.23	$4,349
Sep 2002	1	873	27.44	3.64	$3,201
Aug 2002	1	1,271	25.96	3.16	$4,048
Jul 2002	1	1,512	24.58	3.06	$4,654
Jun 2002	1	787	23.73	3.34	$2,651
May 2002	1	877	24.66	3.58	$3,168
Apr 2002	1	1,422	23.65	3.51	$5,018
Mar 2002	1	3,796	22.00	3.10	$11,800
Feb 2002	1	5,840	18.22	2.38	$13,892
Jan 2002	2	5,347	17.17	2.38	$12,737
Dec 2001	1	1,659	16.93	2.36	$3,939
Nov 2001	1	1,151	18.07	2.41	$2,787
Oct 2001	1	1,685	19.78	2.53	$4,281
Sep 2001	3	1,877	24.26	2.25	$4,299
Aug 2001	3	1,855	24.87	3.05	$5,738
Jul 2001	2	2,132	23.93	3.20	$6,864
Jun 2001	3	2,330	24.56	3.82	$8,984
May 2001	5	2,544	25.52	4.31	$11,085
Apr 2001	3	1,731	24.68	5.34	$9,309
Mar 2001	5	3,430	24.54	5.38	$18,564
Feb 2001	3	2,620	27.75	5.77	$15,193
Jan 2001	7	2,124	27.47	8.40	$18,031
Dec 2000	16	2,644	26.88	9.12	$24,550
Nov 2000	13	3,048	32.21	5.66	$17,664
Oct 2000	15	2,948	31.23	5.15	$15,637
Sep 2000	8	4,060	31.87	5.19	$21,312
Aug 2000	11	4,403	29.64	4.54	$20,319
Jul 2000	15	4,551	28.53	4.09	$19,040
Jun 2000	15	4,381	29.30	4.40	$19,704
May 2000	15	4,450	27.26	3.68	$16,784
Apr 2000	23	4,475	24.51	3.12	$14,508
Mar 2000	35	4,830	28.42	2.86	$14,807
Feb 2000	34	4,588	27.62	2.73	$13,448
Jan 2000	44	4,309	25.27	2.48	$11,800
Dec 1999	22	4,061	24.28	2.42	$10,377
Nov 1999	19	4,437	23.19	2.43	$11,240
Oct 1999	29	4,252	20.98	2.80	$12,530
Sep 1999	15	4,649	21.75	2.62	$12,501
Aug 1999	14	5,539	19.26	2.88	$16,198
Jul 1999	19	4,675	17.89	2.37	$11,431
Jun 1999	11	3,526	15.94	2.36	$8,504
May 1999	32	4,583	15.79	2.32	$11,143
Apr 1999	20	5,081	15.10	2.21	$11,521
Mar 1999	37	4,819	12.47	1.84	$9,320
Feb 1999	75	4,159	9.98	1.82	$8,309
Jan 1999	0	5,558	10.38	1.90	$10,560
Dec 1998	79	5,762	9.20	1.77	$10,945
Nov 1998	37	5,006	10.89	2.19	$11,345
Oct 1998	0	6,143	12.42	1.97	$12,097
Sep 1998	59	5,225	12.59	2.08	$11,625
Aug 1998	0	5,115	11.30	1.91	$9,756
Jul 1998	48	5,673	11.74	2.24	$13,256
Jun 1998	0	6,100	11.24	2.24	$13,647
May 1998	68	6,382	12.62	2.21	$14,939
Apr 1998	98	5,324	13.04	2.51	$14,616
Mar 1998	77	6,382	12.80	2.31	$15,724
Feb 1998	0	5,754	13.95	2.30	$13,229
Jan 1998	103	6,409	14.70	2.15	$15,324
Dec 1997	61	5,332	16.32	2.41	$13,852
Nov 1997	48	1,132	18.19	3.09	$4,369
Oct 1997	0	2,892	19.25	3.15	$9,109
Sep 1997	81	7,070	17.74	2.95	$22,328
Aug 1997	41	7,426	17.86	2.55	$19,704
Jul 1997	0	6,617	17.58	2.25	$14,868
Jun 1997	37	8,169	17.24	2.26	$19,077
May 1997	73	5,370	18.97	2.31	$13,781
Apr 1997	96	4,642	17.88	2.08	$11,385
Mar 1997	128	7,043	18.95	1.94	$16,083
Feb 1997	113	7,120	20.49	2.21	$18,021
Jan 1997	257	7,422	23.48	3.54	$32,306
Dec 1996	281	8,235	23.32	—	$6,553
Nov 1996	0	8,880	21.97	—	$0
Oct 1996	301	11,299	23.31	—	$7,016
Sep 1996	100	443	22.22	—	$2,222
Aug 1996	176	942	20.26	—	$3,566
Jul 1996	180	615	19.55	—	$3,519
Jun 1996	158	865	18.73	—	$2,959
May 1996	6	6,580	19.43	—	$117
Apr 1996	227	6,940	21.51	—	$4,883
Mar 1996	315	9,675	19.38	—	$6,105
Feb 1996	0	7,004	16.98	—	$0
Jan 1996	174	8,049	17.07	—	$2,970
Dec 1995	324	8,091	17.19	—	$5,570
Nov 1995	303	8,117	16.00	—	$4,848
Oct 1995	140	869	15.43	—	$2,160
Sep 1995	131	3,604	16.18	—	$2,120
Aug 1995	91	6,629	15.92	—	$1,449
Jul 1995	0	3,715	15.24	—	$0
Jun 1995	6	7,916	16.41	—	$98
May 1995	65	8,237	17.56	—	$1,141
Apr 1995	180	8,367	17.73	—	$3,191
Mar 1995	240	9,387	16.44	—	$3,946
Feb 1995	114	8,210	16.58	—	$1,890
Jan 1995	892	9,413	15.92	—	$14,201
Dec 1994	19	9,406	15.03	—	$286
Nov 1994	0	9,641	15.90	—	$0
Oct 1994	190	9,233	15.58	—	$2,960
Sep 1994	0	9,938	15.29	—	$0
Aug 1994	0	10,609	16.13	—	$0
Jul 1994	187	10,804	17.56	—	$3,284
Jun 1994	0	8,662	17.09	—	$0
May 1994	0	10,357	15.88	—	$0
Apr 1994	0	10,295	14.14	—	$0
Mar 1994	191	11,058	12.46	—	$2,380
Feb 1994	0	4,134	12.50	—	$0
Jan 1994	0	7,064	12.66	—	$0
Dec 1993	0	6,168	12.33	—	$0
Nov 1993	192	7,132	14.49	—	$2,782
Oct 1993	0	4,402	15.85	—	$0
Sep 1993	0	7,035	15.03	—	$0
Aug 1993	0	1,172	15.66	—	$0
Jul 1993	192	5,922	15.46	—	$2,968
Jun 1993	0	4,032	16.79	—	$0
May 1993	0	5,106	17.68	—	$0
Apr 1993	0	7,431	18.05	—	$0
Mar 1993	0	5,633	18.14	—	$0
Feb 1993	190	4,868	17.90	—	$3,401
Jan 1993	0	6,291	16.93	—	$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 2010 — as filed, then multipliedworked

Condensate             1 bbl  × $ 85.73 =        $86
Gas                    0 Mcf  × $  4.35 =         $0

────────────────────────────────────────────────────
Month total                                      $86

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/83268 is the state's own key, not one this site invented.