LYNN HORTON OIL UNIT #1

Name: LYNN HORTON OIL UNIT #1 lease production and value, Nov 2000 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by GEO-VEST OF TEXAS, INC. (P-5 300267) in the DANVILLE (TRAVIS PEAK CONS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 14052District 06Field 23089812OilCasinghead gasSave Export

Value, all time

$3.3 M

Nov 2000 – Jun 2008

Value, last 12 filed months

$202 k

at the published price for each month

Months reported

no gaps in the span

Streams

oil, casinghead gas

The DANVILLE (TRAVIS PEAK CONS.) 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 85 leases and 87 wells, and the rule below applies to all of them.

Discovered

1993-11-22

as the register files it

Field class

Oil and gas

the register's own label

Between wells

1,200 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 1999-11-02.

The Commission's schedule remark for this field reads: “PER DOCKET #06-0254453.”

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	34,685 bbl	$1,216,756
Casinghead gas	Production	341,147 Mcf	$2,036,883
Total			$3,253,639

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 32.4049, -94.8207. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.40485, -94.82070 · 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

7,745 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 7,745 ft.

Completions filed

Dec 2009

1 of 1 wells

1 well


42-18331361	2	7,745 ft	Dec 2009	—	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 (92)

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

92 months


Jun 2008	0	0	131.33	13.03	$0
May 2008	0	0	123.17	11.57	$0
Apr 2008	0	0	110.31	10.45	$0
Mar 2008	0	0	101.90	9.66	$0
Feb 2008	0	0	92.53	8.77	$0
Jan 2008	80	1,575	90.38	8.21	$20,154
Dec 2007	208	2,462	88.33	7.30	$36,350
Nov 2007	194	1,943	91.67	7.29	$31,952
Oct 2007	206	2,619	82.85	6.92	$35,196
Sep 2007	200	1,109	75.84	6.24	$22,093
Aug 2007	34	2,260	69.06	6.39	$16,785
Jul 2007	175	4,161	70.90	6.39	$38,988
Jun 2007	177	4,827	62.00	7.55	$47,410
May 2007	133	2,632	58.74	7.85	$28,464
Apr 2007	202	2,331	59.61	7.81	$30,235
Mar 2007	315	3,808	56.92	7.30	$45,736
Feb 2007	286	3,622	55.10	8.22	$45,517
Jan 2007	388	3,750	50.30	6.73	$44,742
Dec 2006	304	1,267	56.65	6.92	$25,987
Nov 2006	146	1,267	54.20	7.62	$17,565
Oct 2006	157	2,152	54.90	6.01	$21,561
Sep 2006	81	100	60.08	5.04	$5,370
Aug 2006	328	2,768	68.71	7.34	$42,854
Jul 2006	318	2,535	69.37	6.34	$38,139
Jun 2006	118	1,811	66.28	6.38	$19,382
May 2006	114	3,829	66.01	6.42	$32,126
Apr 2006	230	4,196	64.39	7.36	$45,694
Mar 2006	172	1,935	56.70	7.08	$23,458
Feb 2006	111	2,924	57.59	7.75	$29,057
Jan 2006	283	3,176	60.59	8.93	$45,519
Dec 2005	326	5,108	54.94	13.42	$86,436
Nov 2005	173	3,678	54.69	10.59	$48,406
Oct 2005	175	4,315	58.34	13.80	$69,738
Sep 2005	132	2,876	61.45	12.08	$42,851
Aug 2005	100	5,896	61.51	9.80	$63,913
Jul 2005	188	2,638	55.69	7.84	$31,161
Jun 2005	166	2,569	52.33	7.38	$27,649
May 2005	391	3,827	45.22	6.65	$43,135
Apr 2005	300	6,546	49.20	7.36	$62,942
Mar 2005	186	3,197	50.37	7.15	$32,243
Feb 2005	400	4,995	45.22	6.31	$49,616
Jan 2005	229	4,995	43.16	6.32	$41,463
Dec 2004	29	5,006	39.86	6.75	$34,952
Nov 2004	432	5,835	45.28	6.33	$56,499
Oct 2004	573	6,140	49.70	6.52	$68,481
Sep 2004	435	6,111	43.24	5.28	$51,099
Aug 2004	396	6,866	42.37	5.55	$54,889
Jul 2004	389	4,110	38.28	6.08	$39,897
Jun 2004	319	4,004	36.10	6.43	$37,274
May 2004	370	2,155	37.48	6.49	$27,863
Apr 2004	450	1,881	34.47	5.86	$26,531
Mar 2004	660	6,614	34.36	5.53	$59,254
Feb 2004	866	6,605	32.45	5.51	$64,493
Jan 2004	767	5,821	32.03	6.30	$61,237
Dec 2003	673	5,559	30.26	6.30	$55,396
Nov 2003	140	4,191	28.80	4.60	$23,290
Oct 2003	421	5,800	28.17	4.76	$39,465
Sep 2003	351	5,703	26.31	4.75	$36,320
Aug 2003	620	5,738	29.76	5.13	$47,886
Jul 2003	701	5,735	29.41	5.17	$50,271
Jun 2003	301	2,010	28.56	5.98	$20,622
May 2003	134	1,006	26.59	5.97	$9,572
Apr 2003	371	2,092	26.67	5.41	$21,207
Mar 2003	244	2,121	31.14	6.10	$20,528
Feb 2003	189	2,116	33.48	7.93	$23,099
Jan 2003	307	2,503	30.31	5.58	$23,277
Dec 2002	193	2,598	26.91	4.85	$17,804
Nov 2002	462	2,610	24.66	4.14	$22,190
Oct 2002	718	2,688	26.46	4.23	$30,366
Sep 2002	650	2,410	27.44	3.64	$26,597
Aug 2002	689	2,400	25.96	3.16	$25,480
Jul 2002	916	4,804	24.58	3.06	$37,224
Jun 2002	1,215	4,801	23.73	3.34	$44,859
May 2002	1,181	4,962	24.66	3.58	$46,907
Apr 2002	281	4,988	23.65	3.51	$24,165
Mar 2002	306	4,902	22.00	3.10	$21,942
Feb 2002	841	4,503	18.22	2.38	$26,021
Jan 2002	660	5,041	17.17	2.38	$23,308
Dec 2001	291	5,033	16.93	2.36	$16,827
Nov 2001	459	5,010	18.07	2.41	$20,346
Oct 2001	575	5,007	19.78	2.53	$24,036
Sep 2001	241	5,100	24.26	2.25	$17,328
Aug 2001	459	5,111	24.87	3.05	$27,020
Jul 2001	628	4,810	23.93	3.20	$30,406
Jun 2001	460	4,309	24.56	3.82	$27,776
May 2001	911	4,410	25.52	4.31	$42,244
Apr 2001	813	5,500	24.68	5.34	$49,409
Mar 2001	562	5,449	24.54	5.38	$43,088
Feb 2001	910	5,409	27.75	5.77	$56,447
Jan 2001	600	5,995	27.47	8.40	$66,833
Dec 2000	1,439	6,993	26.88	9.12	$102,474
Nov 2000	361	4,883	32.21	5.66	$39,256

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.

Jan 2008 — as filed, then multipliedworked

Oil                   80 bbl  × $ 90.38 =     $7,230
Casinghead gas     1,575 Mcf  × $  8.21 =    $12,924

────────────────────────────────────────────────────
Month total                                  $20,154

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/14052 is the state's own key, not one this site invented.