NEEDMORE

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

Operated by L.C.S. PRODUCTION COMPANY (P-5 479574) in the BROOKELAND (AUSTIN CHALK, 8800) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 13153District 06Field 12193500OilCasinghead gasSave Export

Value, all time

$8.8 M

Jan 1993 – Feb 2004

Value, last 12 filed months

$187

at the published price for each month

Months reported

134

no gaps in the span

Streams

oil, casinghead gas

The BROOKELAND (AUSTIN CHALK, 8800) 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 488 leases and 597 wells, and the rule below applies to all of them.

Discovered

1983-06-12

as the register files it

Field class

Oil and gas

the register's own label

Between wells

900 ft

minimum

From a lease line

467 ft

minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 2009-10-22.

The Commission's schedule remark for this field reads: “ACRES. DOCKET EFFECTIVE 10-22-09.”

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
Oil	Disposition	522,799 bbl	$8,256,181
Casinghead gas	Production	2,208,669 Mcf	$507,188
Total			$8,763,369

1,999,162 Mcf of this lease's gas, across 44 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 31.1537, -94.0407. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.15370, -94.04073 · 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

12,458 ft

1 wells filed one

Completion to plug

10.9 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 12,458 ft.

Completions filed

Jan 1993

1 of 1 wells

Plug dates filed

Dec 2003

1 of 1 wells

Last completion to plug: a median of 10.9 years across the 1 well that filed both dates, with the middle half between 10.9 years and 10.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-40330359	1	12,458 ft	Jan 1993	Dec 2003	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 (134)

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

134 months


Feb 2004	0	0	32.45	5.51	$0
Jan 2004	0	0	32.03	6.30	$0
Dec 2003	0	0	30.26	6.30	$0
Nov 2003	0	0	28.80	4.60	$0
Oct 2003	0	0	28.17	4.76	$0
Sep 2003	0	0	26.31	4.75	$0
Aug 2003	0	0	29.76	5.13	$0
Jul 2003	0	0	29.41	5.17	$0
Jun 2003	0	0	28.56	5.98	$0
May 2003	0	0	26.59	5.97	$0
Apr 2003	0	0	26.67	5.41	$0
Mar 2003	6	0	31.14	6.10	$187
Feb 2003	0	0	33.48	7.93	$0
Jan 2003	0	0	30.31	5.58	$0
Dec 2002	0	0	26.91	4.85	$0
Nov 2002	0	0	24.66	4.14	$0
Oct 2002	0	0	26.46	4.23	$0
Sep 2002	422	0	27.44	3.64	$11,580
Aug 2002	166	0	25.96	3.16	$4,309
Jul 2002	0	0	24.58	3.06	$0
Jun 2002	0	0	23.73	3.34	$0
May 2002	0	0	24.66	3.58	$0
Apr 2002	0	0	23.65	3.51	$0
Mar 2002	0	0	22.00	3.10	$0
Feb 2002	0	0	18.22	2.38	$0
Jan 2002	0	0	17.17	2.38	$0
Dec 2001	0	0	16.93	2.36	$0
Nov 2001	0	0	18.07	2.41	$0
Oct 2001	0	0	19.78	2.53	$0
Sep 2001	0	0	24.26	2.25	$0
Aug 2001	0	0	24.87	3.05	$0
Jul 2001	0	0	23.93	3.20	$0
Jun 2001	0	0	24.56	3.82	$0
May 2001	0	0	25.52	4.31	$0
Apr 2001	0	0	24.68	5.34	$0
Mar 2001	0	0	24.54	5.38	$0
Feb 2001	0	0	27.75	5.77	$0
Jan 2001	152	0	27.47	8.40	$4,175
Dec 2000	0	0	26.88	9.12	$0
Nov 2000	0	0	32.21	5.66	$0
Oct 2000	102	0	31.23	5.15	$3,185
Sep 2000	0	0	31.87	5.19	$0
Aug 2000	0	0	29.64	4.54	$0
Jul 2000	176	706	28.53	4.09	$7,909
Jun 2000	176	4,607	29.30	4.40	$25,415
May 2000	178	4,686	27.26	3.68	$22,096
Apr 2000	173	6,466	24.51	3.12	$24,388
Mar 2000	340	8,368	28.42	2.86	$33,593
Feb 2000	358	5,749	27.62	2.73	$25,563
Jan 2000	0	6,589	25.27	2.48	$16,344
Dec 1999	0	0	24.28	2.42	$0
Nov 1999	178	1,922	23.19	2.43	$8,806
Oct 1999	0	0	20.98	2.80	$0
Sep 1999	0	0	21.75	2.62	$0
Aug 1999	0	4,747	19.26	2.88	$13,650
Jul 1999	0	7,060	17.89	2.37	$16,749
Jun 1999	2	2,218	15.94	2.36	$5,271
May 1999	0	4,906	15.79	2.32	$11,387
Apr 1999	40	932	15.10	2.21	$2,662
Mar 1999	199	764	12.47	1.84	$3,886
Feb 1999	0	0	9.98	1.82	$0
Jan 1999	326	0	10.38	1.90	$3,384
Dec 1998	0	5,897	9.20	1.77	$10,457
Nov 1998	223	6,994	10.89	2.19	$17,715
Oct 1998	189	3,980	12.42	1.97	$10,185
Sep 1998	594	12,268	12.59	2.08	$33,028
Aug 1998	1,120	21,600	11.30	1.91	$53,855
Jul 1998	6	1,629	11.74	2.24	$3,715
Jun 1998	188	0	11.24	2.24	$2,113
May 1998	183	0	12.62	2.21	$2,309
Apr 1998	0	0	13.04	2.51	$0
Mar 1998	0	0	12.80	2.31	$0
Feb 1998	1,427	12,632	13.95	2.30	$48,949
Jan 1998	361	7,066	14.70	2.15	$20,532
Dec 1997	174	0	16.32	2.41	$2,840
Nov 1997	361	3,283	18.19	3.09	$16,705
Oct 1997	180	0	19.25	3.15	$3,465
Sep 1997	234	2,251	17.74	2.95	$10,803
Aug 1997	793	5,605	17.86	2.55	$28,482
Jul 1997	1,058	17,912	17.58	2.25	$58,847
Jun 1997	1,065	11,460	17.24	2.26	$44,228
May 1997	1,067	12,399	18.97	2.31	$48,864
Apr 1997	1,042	11,503	17.88	2.08	$42,589
Mar 1997	709	4,133	18.95	1.94	$21,450
Feb 1997	774	2,252	20.49	2.21	$20,827
Jan 1997	909	6,923	23.48	3.54	$45,849
Dec 1996	0	0	23.32	—	$0
Nov 1996	981	0	21.97	—	$21,553
Oct 1996	1,449	19,458	23.31	—	$33,776
Sep 1996	1,649	18,160	22.22	—	$36,641
Aug 1996	1,256	20,680	20.26	—	$25,447
Jul 1996	1,760	20,713	19.55	—	$34,408
Jun 1996	1,604	22,574	18.73	—	$30,043
May 1996	1,776	18,538	19.43	—	$34,508
Apr 1996	1,617	21,275	21.51	—	$34,782
Mar 1996	2,629	20,191	19.38	—	$50,950
Feb 1996	1,247	9,334	16.98	—	$21,174
Jan 1996	2,160	21,046	17.07	—	$36,871
Dec 1995	2,814	23,555	17.19	—	$48,373
Nov 1995	3,521	23,560	16.00	—	$56,336
Oct 1995	2,960	25,106	15.43	—	$45,673
Sep 1995	5,134	31,539	16.18	—	$83,068
Aug 1995	4,939	25,445	15.92	—	$78,629
Jul 1995	3,533	22,048	15.24	—	$53,843
Jun 1995	4,222	30,914	16.41	—	$69,283
May 1995	4,985	32,800	17.56	—	$87,537
Apr 1995	6,184	40,692	17.73	—	$109,642
Mar 1995	5,954	33,658	16.44	—	$97,884
Feb 1995	6,732	27,417	16.58	—	$111,617
Jan 1995	8,302	34,060	15.92	—	$132,168
Dec 1994	9,345	43,352	15.03	—	$140,455
Nov 1994	10,374	40,383	15.90	—	$164,947
Oct 1994	10,955	33,185	15.58	—	$170,679
Sep 1994	6,572	23,088	15.29	—	$100,486
Aug 1994	7,619	27,522	16.13	—	$122,894
Jul 1994	9,442	35,828	17.56	—	$165,802
Jun 1994	8,749	29,105	17.09	—	$149,520
May 1994	10,234	36,712	15.88	—	$162,516
Apr 1994	16,162	56,882	14.14	—	$228,531
Mar 1994	23,883	84,578	12.46	—	$297,582
Feb 1994	28,359	80,239	12.50	—	$354,488
Jan 1994	17,428	42,036	12.66	—	$220,638
Dec 1993	15,120	35,826	12.33	—	$186,430
Nov 1993	14,666	39,800	14.49	—	$212,510
Oct 1993	12,002	36,414	15.85	—	$190,232
Sep 1993	25,297	72,296	15.03	—	$380,214
Aug 1993	42,632	127,165	15.66	—	$667,617
Jul 1993	42,736	143,739	15.46	—	$660,699
Jun 1993	42,470	158,569	16.79	—	$713,071
May 1993	40,903	173,305	17.68	—	$723,165
Apr 1993	29,925	129,059	18.05	—	$540,146
Mar 1993	1,486	7,316	18.14	—	$26,956
Feb 1993	0	0	17.90	—	$0
Jan 1993	3,381	0	16.93	—	$57,240

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.

Mar 2003 — as filed, then multipliedworked

Oil                    6 bbl  × $ 31.14 =       $187
Casinghead gas         0 Mcf  × $  6.10 =         $0

────────────────────────────────────────────────────
Month total                                     $187

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/O/13153 is the state's own key, not one this site invented.