POSS, L.T. UNIT

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

Operated by ANADARKO E&P ONSHORE LLC (P-5 20528) 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 98595District 06Field 16032174NGPA filingCondensateGasSave Export

Value, all time

$3.4 M

Jan 1993 – Jun 2016

Value, last 12 filed months

$34 k

at the published price for each month

Months reported

282

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
NGPA	1	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	1,688 bbl	$29,661
Gas	Production	840,867 Mcf	$3,379,632
Total			$3,409,292

27,212 Mcf of this lease's gas, across 38 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 32.1071, -94.2800. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.10715, -94.28002 · 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

100.0%

1 of 1 wells

Median depth

9,375 ft

1 wells filed one

Completion to plug

18.6 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 9,375 ft.

Completions filed

Nov 1997

1 of 1 wells

Plug dates filed

Jun 2016

1 of 1 wells

Last completion to plug: a median of 18.6 years across the 1 well that filed both dates, with the middle half between 18.6 years and 18.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-36531279	2	9,375 ft	Nov 1997	Jun 2016	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 (282)

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

282 months


Jun 2016	0	0	45.35	2.69	$0
May 2016	0	0	42.52	1.99	$0
Apr 2016	0	2,742	36.56	1.99	$5,459
Mar 2016	0	1,401	33.01	1.79	$2,513
Feb 2016	0	1,527	26.47	2.06	$3,151
Jan 2016	0	1,087	27.35	2.36	$2,570
Dec 2015	0	1,413	32.36	2.00	$2,828
Nov 2015	0	1,000	38.79	2.17	$2,167
Oct 2015	0	1,352	43.55	2.43	$3,281
Sep 2015	0	1,323	42.99	2.76	$3,649
Aug 2015	0	1,477	40.16	2.87	$4,243
Jul 2015	0	1,508	48.15	2.95	$4,441
Jun 2015	0	1,457	56.15	2.88	$4,200
May 2015	0	1,408	55.21	2.96	$4,161
Apr 2015	0	1,404	49.82	2.71	$3,800
Mar 2015	0	1,631	42.89	2.93	$4,787
Feb 2015	0	1,559	44.66	2.98	$4,640
Jan 2015	0	1,678	43.43	3.10	$5,203
Dec 2014	0	1,939	54.69	3.59	$6,964
Nov 2014	0	1,372	70.46	4.25	$5,834
Oct 2014	0	1,686	78.30	3.90	$6,577
Sep 2014	0	1,773	86.16	4.05	$7,173
Aug 2014	0	1,807	89.39	4.04	$7,291
Jul 2014	0	1,669	96.56	4.18	$6,976
Jun 2014	0	1,638	98.16	4.74	$7,759
May 2014	0	1,747	94.73	4.73	$8,257
Apr 2014	0	2,008	95.94	4.81	$9,657
Mar 2014	0	1,812	95.89	5.06	$9,163
Feb 2014	0	319	97.40	6.19	$1,975
Jan 2014	0	673	90.40	4.86	$3,271
Dec 2013	0	991	91.82	4.35	$4,315
Nov 2013	0	1,176	88.85	3.74	$4,396
Oct 2013	0	1,671	97.42	3.78	$6,315
Sep 2013	0	1,654	104.11	3.72	$6,149
Aug 2013	0	1,845	104.25	3.52	$6,499
Jul 2013	0	1,945	102.52	3.72	$7,231
Jun 2013	0	1,752	94.40	3.93	$6,891
May 2013	0	1,808	94.83	4.15	$7,502
Apr 2013	0	1,909	93.96	4.28	$8,175
Mar 2013	0	1,983	93.62	3.91	$7,759
Feb 2013	0	1,166	91.23	3.42	$3,988
Jan 2013	0	1,368	91.60	3.42	$4,678
Dec 2012	0	1,462	86.77	3.42	$5,000
Nov 2012	0	1,743	86.95	3.62	$6,318
Oct 2012	0	1,877	89.38	3.40	$6,381
Sep 2012	0	1,615	94.67	2.92	$4,713
Aug 2012	0	1,944	92.66	2.91	$5,653
Jul 2012	0	1,778	85.13	3.02	$5,371
Jun 2012	0	1,289	79.82	2.52	$3,247
May 2012	0	1,438	91.61	2.49	$3,578
Apr 2012	0	1,731	101.65	2.00	$3,456
Mar 2012	0	2,045	105.05	2.22	$4,544
Feb 2012	0	1,744	101.10	2.57	$4,483
Jan 2012	0	2,272	98.09	2.73	$6,212
Dec 2011	0	2,346	96.87	3.24	$7,600
Nov 2011	0	2,286	95.72	3.31	$7,570
Oct 2011	0	2,340	84.98	3.65	$8,538
Sep 2011	0	2,590	83.62	3.99	$10,323
Aug 2011	0	2,922	83.40	4.15	$12,124
Jul 2011	0	3,138	94.14	4.52	$14,175
Jun 2011	0	3,306	92.90	4.64	$15,339
May 2011	0	786	98.13	4.40	$3,462
Apr 2011	0	1,547	105.96	4.33	$6,704
Mar 2011	0	2,008	96.36	4.06	$8,147
Feb 2011	0	2,115	85.64	4.18	$8,841
Jan 2011	0	2,389	86.50	4.59	$10,963
Dec 2010	0	690	85.73	4.35	$3,000
Nov 2010	0	1,455	80.84	3.80	$5,522
Oct 2010	0	628	78.10	3.51	$2,204
Sep 2010	0	504	72.63	3.98	$2,006
Aug 2010	0	356	73.68	4.42	$1,573
Jul 2010	0	3,320	72.55	4.74	$15,725
Jun 2010	0	2,073	70.36	4.91	$10,179
May 2010	0	1,968	71.12	4.24	$8,335
Apr 2010	0	1,578	81.69	4.12	$6,506
Mar 2010	0	2,269	78.39	4.39	$9,958
Feb 2010	0	1,018	73.58	5.44	$5,540
Jan 2010	0	851	74.36	5.96	$5,075
Dec 2009	0	1,085	71.44	5.48	$5,950
Nov 2009	0	1,026	74.59	3.75	$3,849
Oct 2009	0	2,231	72.54	4.11	$9,170
Sep 2009	0	1,674	65.54	3.06	$5,130
Aug 2009	0	1,668	67.42	3.22	$5,368
Jul 2009	0	1,086	61.13	3.46	$3,762
Jun 2009	0	951	66.16	3.90	$3,704
May 2009	0	1,143	54.74	3.93	$4,487
Apr 2009	0	1,115	46.77	3.59	$4,000
Mar 2009	0	1,125	42.14	4.06	$4,566
Feb 2009	0	1,156	32.81	4.63	$5,356
Jan 2009	0	926	35.86	5.37	$4,974
Dec 2008	0	1,539	37.10	5.98	$9,199
Nov 2008	0	2,086	55.49	6.86	$14,311
Oct 2008	0	1,148	75.24	6.92	$7,946
Sep 2008	0	1,300	101.76	7.88	$10,240
Aug 2008	0	1,139	114.22	8.48	$9,662
Jul 2008	0	1,484	131.08	11.39	$16,902
Jun 2008	0	1,912	131.33	13.03	$24,918
May 2008	0	2,024	123.17	11.57	$23,426
Apr 2008	0	1,947	110.31	10.45	$20,356
Mar 2008	0	1,940	101.90	9.66	$18,748
Feb 2008	0	1,954	92.53	8.77	$17,138
Jan 2008	0	1,984	90.38	8.21	$16,280
Dec 2007	0	2,068	88.33	7.30	$15,100
Nov 2007	0	2,000	91.67	7.29	$14,583
Oct 2007	0	2,303	82.85	6.92	$15,941
Sep 2007	0	2,091	75.84	6.24	$13,057
Aug 2007	0	2,276	69.06	6.39	$14,539
Jul 2007	0	2,269	70.90	6.39	$14,494
Jun 2007	0	2,283	62.00	7.55	$17,233
May 2007	0	1,650	58.74	7.85	$12,946
Apr 2007	0	1,685	59.61	7.81	$13,152
Mar 2007	0	1,852	56.92	7.30	$13,523
Feb 2007	0	1,968	55.10	8.22	$16,169
Jan 2007	0	2,753	50.30	6.73	$18,519
Dec 2006	0	2,774	56.65	6.92	$19,192
Nov 2006	0	2,611	54.20	7.62	$19,889
Oct 2006	0	2,500	54.90	6.01	$15,035
Sep 2006	0	2,781	60.08	5.04	$14,008
Aug 2006	0	2,461	68.71	7.34	$18,064
Jul 2006	0	2,723	69.37	6.34	$17,271
Jun 2006	0	2,555	66.28	6.38	$16,311
May 2006	0	2,777	66.01	6.42	$17,842
Apr 2006	0	2,834	64.39	7.36	$20,860
Mar 2006	0	3,070	56.70	7.08	$21,745
Feb 2006	0	2,773	57.59	7.75	$21,494
Jan 2006	0	3,088	60.59	8.93	$27,586
Dec 2005	0	3,131	54.94	13.42	$42,004
Nov 2005	0	3,172	54.69	10.59	$33,586
Oct 2005	0	3,219	58.34	13.80	$44,409
Sep 2005	0	2,651	61.45	12.08	$32,021
Aug 2005	0	3,325	61.51	9.80	$32,574
Jul 2005	0	3,087	55.69	7.84	$24,213
Jun 2005	0	3,419	52.33	7.38	$25,236
May 2005	0	3,837	45.22	6.65	$25,521
Apr 2005	0	2,786	49.20	7.36	$20,506
Mar 2005	0	2,013	50.37	7.15	$14,403
Feb 2005	0	2,252	45.22	6.31	$14,214
Jan 2005	0	3,260	43.16	6.32	$20,610
Dec 2004	0	4,531	39.86	6.75	$30,589
Nov 2004	0	3,143	45.28	6.33	$19,897
Oct 2004	0	3,500	49.70	6.52	$22,803
Sep 2004	0	3,963	43.24	5.28	$20,940
Aug 2004	0	4,068	42.37	5.55	$22,580
Jul 2004	0	3,679	38.28	6.08	$22,384
Jun 2004	0	3,315	36.10	6.43	$21,325
May 2004	0	3,763	37.48	6.49	$24,439
Apr 2004	0	3,992	34.47	5.86	$23,387
Mar 2004	0	4,252	34.36	5.53	$23,514
Feb 2004	0	3,484	32.45	5.51	$19,196
Jan 2004	0	3,497	32.03	6.30	$22,030
Dec 2003	0	3,673	30.26	6.30	$23,146
Nov 2003	0	3,218	28.80	4.60	$14,787
Oct 2003	0	3,282	28.17	4.76	$15,621
Sep 2003	0	3,457	26.31	4.75	$16,419
Aug 2003	0	3,105	29.76	5.13	$15,928
Jul 2003	0	3,087	29.41	5.17	$15,962
Jun 2003	0	3,381	28.56	5.98	$20,228
May 2003	0	3,721	26.59	5.97	$22,224
Apr 2003	0	3,778	26.67	5.41	$20,429
Mar 2003	0	4,369	31.14	6.10	$26,634
Feb 2003	0	3,968	33.48	7.93	$31,450
Jan 2003	0	4,419	30.31	5.58	$24,667
Dec 2002	0	4,764	26.91	4.85	$23,123
Nov 2002	0	5,457	24.66	4.14	$22,575
Oct 2002	0	4,258	26.46	4.23	$18,008
Sep 2002	0	5,056	27.44	3.64	$18,380
Aug 2002	0	4,743	25.96	3.16	$15,008
Jul 2002	0	4,673	24.58	3.06	$14,308
Jun 2002	0	4,755	23.73	3.34	$15,873
May 2002	0	4,880	24.66	3.58	$17,490
Apr 2002	0	4,813	23.65	3.51	$16,905
Mar 2002	0	4,399	22.00	3.10	$13,649
Feb 2002	0	4,749	18.22	2.38	$11,282
Jan 2002	0	5,033	17.17	2.38	$11,957
Dec 2001	0	5,857	16.93	2.36	$13,848
Nov 2001	0	5,180	18.07	2.41	$12,461
Oct 2001	0	5,419	19.78	2.53	$13,704
Sep 2001	0	5,145	24.26	2.25	$11,583
Aug 2001	0	5,279	24.87	3.05	$16,118
Jul 2001	0	5,136	23.93	3.20	$16,420
Jun 2001	0	5,421	24.56	3.82	$20,731
May 2001	0	5,773	25.52	4.31	$24,866
Apr 2001	0	5,186	24.68	5.34	$27,669
Mar 2001	0	5,938	24.54	5.38	$31,925
Feb 2001	0	5,417	27.75	5.77	$31,240
Jan 2001	0	5,596	27.47	8.40	$46,999
Dec 2000	0	6,781	26.88	9.12	$61,860
Nov 2000	0	6,659	32.21	5.66	$37,677
Oct 2000	0	6,245	31.23	5.15	$32,134
Sep 2000	0	6,060	31.87	5.19	$31,430
Aug 2000	0	6,347	29.64	4.54	$28,820
Jul 2000	0	5,964	28.53	4.09	$24,391
Jun 2000	0	6,657	29.30	4.40	$29,272
May 2000	0	6,839	27.26	3.68	$25,166
Apr 2000	0	6,828	24.51	3.12	$21,276
Mar 2000	0	6,283	28.42	2.86	$17,968
Feb 2000	0	0	27.62	2.73	$0
Jan 2000	0	8,000	25.27	2.48	$19,844
Dec 1999	0	7,432	24.28	2.42	$18,013
Nov 1999	0	8,165	23.19	2.43	$19,874
Oct 1999	0	7,555	20.98	2.80	$21,182
Sep 1999	0	7,561	21.75	2.62	$19,801
Aug 1999	0	8,052	19.26	2.88	$23,154
Jul 1999	0	8,379	17.89	2.37	$19,878
Jun 1999	0	7,766	15.94	2.36	$18,344
May 1999	0	9,035	15.79	2.32	$20,970
Apr 1999	0	8,686	15.10	2.21	$19,179
Mar 1999	0	6,675	12.47	1.84	$12,271
Feb 1999	0	6,881	9.98	1.82	$12,508
Jan 1999	0	8,936	10.38	1.90	$16,978
Dec 1998	0	10,684	9.20	1.77	$18,946
Nov 1998	0	10,343	10.89	2.19	$22,607
Oct 1998	0	11,014	12.42	1.97	$21,689
Sep 1998	0	11,103	12.59	2.08	$23,123
Aug 1998	0	11,959	11.30	1.91	$22,810
Jul 1998	0	12,499	11.74	2.24	$27,964
Jun 1998	0	12,574	11.24	2.24	$28,131
May 1998	0	13,449	12.62	2.21	$29,673
Apr 1998	0	14,671	13.04	2.51	$36,756
Mar 1998	0	16,746	12.80	2.31	$38,674
Feb 1998	0	15,992	13.95	2.30	$36,768
Jan 1998	0	19,866	14.70	2.15	$42,807
Dec 1997	0	16,358	16.32	2.41	$39,441
Nov 1997	0	0	18.19	3.09	$0
Oct 1997	0	0	19.25	3.15	$0
Sep 1997	0	0	17.74	2.95	$0
Aug 1997	0	0	17.86	2.55	$0
Jul 1997	0	0	17.58	2.25	$0
Jun 1997	0	0	17.24	2.26	$0
May 1997	0	0	18.97	2.31	$0
Apr 1997	0	0	17.88	2.08	$0
Mar 1997	0	0	18.95	1.94	$0
Feb 1997	0	0	20.49	2.21	$0
Jan 1997	0	0	23.48	3.54	$0
Dec 1996	0	0	23.32	—	$0
Nov 1996	0	307	21.97	—	$0
Oct 1996	0	481	23.31	—	$0
Sep 1996	0	133	22.22	—	$0
Aug 1996	0	0	20.26	—	$0
Jul 1996	6	0	19.55	—	$117
Jun 1996	17	53	18.73	—	$318
May 1996	56	237	19.43	—	$1,088
Apr 1996	196	680	21.51	—	$4,216
Mar 1996	269	1,451	19.38	—	$5,213
Feb 1996	282	1,473	16.98	—	$4,788
Jan 1996	56	1,585	17.07	—	$956
Dec 1995	52	1,919	17.19	—	$894
Nov 1995	67	2,034	16.00	—	$1,072
Oct 1995	18	1,057	15.43	—	$278
Sep 1995	2	220	16.18	—	$32
Aug 1995	0	0	15.92	—	$0
Jul 1995	0	0	15.24	—	$0
Jun 1995	1	343	16.41	—	$16
May 1995	1	0	17.56	—	$18
Apr 1995	4	53	17.73	—	$71
Mar 1995	17	194	16.44	—	$279
Feb 1995	18	337	16.58	—	$298
Jan 1995	12	660	15.92	—	$191
Dec 1994	13	94	15.03	—	$195
Nov 1994	3	240	15.90	—	$48
Oct 1994	8	348	15.58	—	$125
Sep 1994	16	519	15.29	—	$245
Aug 1994	16	855	16.13	—	$258
Jul 1994	0	0	17.56	—	$0
Jun 1994	0	0	17.09	—	$0
May 1994	0	0	15.88	—	$0
Apr 1994	0	0	14.14	—	$0
Mar 1994	1	347	12.46	—	$12
Feb 1994	6	146	12.50	—	$75
Jan 1994	4	494	12.66	—	$51
Dec 1993	19	866	12.33	—	$234
Nov 1993	76	2,104	14.49	—	$1,101
Oct 1993	57	945	15.85	—	$903
Sep 1993	80	581	15.03	—	$1,202
Aug 1993	68	698	15.66	—	$1,065
Jul 1993	33	433	15.46	—	$510
Jun 1993	25	527	16.79	—	$420
May 1993	61	757	17.68	—	$1,078
Apr 1993	57	2,288	18.05	—	$1,029
Mar 1993	29	960	18.14	—	$526
Feb 1993	25	432	17.90	—	$448
Jan 1993	17	361	16.93	—	$288

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 2016 — as filed, then multipliedworked

Condensate             0 bbl  × $ 36.56 =         $0
Gas                2,742 Mcf  × $  1.99 =     $5,459

────────────────────────────────────────────────────
Month total                                   $5,459

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/98595 is the state's own key, not one this site invented.