LAIRD

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

Operated by INCLINE ENERGY (P-5 423656) in the FORT STOCKTON field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 127467District 08Field 32124001Hydrogen sulphide fieldCondensateGasSave Export

Value, all time

$837 k

Jan 1993 – Aug 2010

Value, last 12 filed months

$24 k

at the published price for each month

Months reported

212

no gaps in the span

Streams

condensate, gas

The FORT STOCKTON 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 101 leases and 567 wells, and the rule below applies to all of them.

Discovered

1944-06-26

as the register files it

Field class

Oil and gas

the register's own label

Between wells

933 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 1997-05-09.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: “AND FORT STOCKTON FIELDS BE COMBINED INTO FORT STOCKTON FIELD”

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	6,136 bbl	$159,702
Gas	Production	241,249 Mcf	$677,282
Total			$836,984

89,227 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 31.0131, -102.9441. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.01310, -102.94414 · 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

3,335 ft

1 wells filed one

Completion to plug

21.8 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 3,335 ft.

Completions filed

May 1988

1 of 1 wells

Plug dates filed

Mar 2010

1 of 1 wells

Last completion to plug: a median of 21.8 years across the 1 well that filed both dates, with the middle half between 21.8 years and 21.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-37136040	1	3,335 ft	May 1988	Mar 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 (212)

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

212 months


Aug 2010	0	0	73.68	4.42	$0
Jul 2010	0	0	72.55	4.74	$0
Jun 2010	0	0	70.36	4.91	$0
May 2010	0	0	71.12	4.24	$0
Apr 2010	0	0	81.69	4.12	$0
Mar 2010	0	0	78.39	4.39	$0
Feb 2010	0	0	73.58	5.44	$0
Jan 2010	172	478	74.36	5.96	$15,641
Dec 2009	0	508	71.44	5.48	$2,786
Nov 2009	0	493	74.59	3.75	$1,849
Oct 2009	0	478	72.54	4.11	$1,965
Sep 2009	0	423	65.54	3.06	$1,296
Aug 2009	1	575	67.42	3.22	$1,918
Jul 2009	0	486	61.13	3.46	$1,684
Jun 2009	0	446	66.16	3.90	$1,737
May 2009	0	243	54.74	3.93	$954
Apr 2009	0	0	46.77	3.59	$0
Mar 2009	0	216	42.14	4.06	$877
Feb 2009	0	320	32.81	4.63	$1,483
Jan 2009	0	360	35.86	5.37	$1,934
Dec 2008	0	430	37.10	5.98	$2,570
Nov 2008	0	388	55.49	6.86	$2,662
Oct 2008	0	412	75.24	6.92	$2,852
Sep 2008	0	707	101.76	7.88	$5,569
Aug 2008	0	766	114.22	8.48	$6,498
Jul 2008	0	812	131.08	11.39	$9,248
Jun 2008	0	761	131.33	13.03	$9,918
May 2008	0	812	123.17	11.57	$9,398
Apr 2008	180	749	110.31	10.45	$27,686
Mar 2008	0	808	101.90	9.66	$7,809
Feb 2008	0	738	92.53	8.77	$6,473
Jan 2008	0	680	90.38	8.21	$5,580
Dec 2007	0	724	88.33	7.30	$5,287
Nov 2007	0	728	91.67	7.29	$5,308
Oct 2007	0	789	82.85	6.92	$5,461
Sep 2007	0	780	75.84	6.24	$4,870
Aug 2007	0	818	69.06	6.39	$5,225
Jul 2007	165	856	70.90	6.39	$17,167
Jun 2007	0	763	62.00	7.55	$5,759
May 2007	1	890	58.74	7.85	$7,042
Apr 2007	0	870	59.61	7.81	$6,791
Mar 2007	0	808	56.92	7.30	$5,900
Feb 2007	2	753	55.10	8.22	$6,297
Jan 2007	0	543	50.30	6.73	$3,653
Dec 2006	185	766	56.65	6.92	$15,780
Nov 2006	0	608	54.20	7.62	$4,631
Oct 2006	0	604	54.90	6.01	$3,632
Sep 2006	0	376	60.08	5.04	$1,894
Aug 2006	0	715	68.71	7.34	$5,248
Jul 2006	0	648	69.37	6.34	$4,110
Jun 2006	0	627	66.28	6.38	$4,003
May 2006	0	543	66.01	6.42	$3,489
Apr 2006	0	506	64.39	7.36	$3,724
Mar 2006	0	470	56.70	7.08	$3,329
Feb 2006	0	505	57.59	7.75	$3,914
Jan 2006	0	531	60.59	8.93	$4,744
Dec 2005	0	625	54.94	13.42	$8,385
Nov 2005	0	496	54.69	10.59	$5,252
Oct 2005	0	547	58.34	13.80	$7,546
Sep 2005	0	612	61.45	12.08	$7,392
Aug 2005	0	619	61.51	9.80	$6,064
Jul 2005	0	518	55.69	7.84	$4,063
Jun 2005	0	537	52.33	7.38	$3,964
May 2005	163	700	45.22	6.65	$12,027
Apr 2005	0	499	49.20	7.36	$3,673
Mar 2005	0	573	50.37	7.15	$4,100
Feb 2005	0	469	45.22	6.31	$2,960
Jan 2005	0	837	43.16	6.32	$5,292
Dec 2004	0	703	39.86	6.75	$4,746
Nov 2004	0	794	45.28	6.33	$5,026
Oct 2004	0	825	49.70	6.52	$5,375
Sep 2004	0	742	43.24	5.28	$3,921
Aug 2004	0	893	42.37	5.55	$4,957
Jul 2004	0	784	38.28	6.08	$4,770
Jun 2004	0	779	36.10	6.43	$5,011
May 2004	0	581	37.48	6.49	$3,773
Apr 2004	0	758	34.47	5.86	$4,441
Mar 2004	0	568	34.36	5.53	$3,141
Feb 2004	0	493	32.45	5.51	$2,716
Jan 2004	161	735	32.03	6.30	$9,787
Dec 2003	0	695	30.26	6.30	$4,380
Nov 2003	0	669	28.80	4.60	$3,074
Oct 2003	0	721	28.17	4.76	$3,432
Sep 2003	0	751	26.31	4.75	$3,567
Aug 2003	0	785	29.76	5.13	$4,027
Jul 2003	0	791	29.41	5.17	$4,090
Jun 2003	0	873	28.56	5.98	$5,223
May 2003	0	903	26.59	5.97	$5,393
Apr 2003	181	928	26.67	5.41	$9,845
Mar 2003	0	847	31.14	6.10	$5,163
Feb 2003	0	784	33.48	7.93	$6,214
Jan 2003	0	919	30.31	5.58	$5,130
Dec 2002	0	904	26.91	4.85	$4,388
Nov 2002	0	754	24.66	4.14	$3,119
Oct 2002	0	818	26.46	4.23	$3,459
Sep 2002	0	943	27.44	3.64	$3,428
Aug 2002	173	775	25.96	3.16	$6,943
Jul 2002	0	937	24.58	3.06	$2,869
Jun 2002	1	704	23.73	3.34	$2,374
May 2002	0	414	24.66	3.58	$1,484
Apr 2002	0	311	23.65	3.51	$1,092
Mar 2002	0	574	22.00	3.10	$1,781
Feb 2002	0	864	18.22	2.38	$2,053
Jan 2002	168	998	17.17	2.38	$5,255
Dec 2001	0	1,074	16.93	2.36	$2,539
Nov 2001	0	1,062	18.07	2.41	$2,555
Oct 2001	0	1,090	19.78	2.53	$2,756
Sep 2001	0	1,205	24.26	2.25	$2,713
Aug 2001	0	1,096	24.87	3.05	$3,346
Jul 2001	163	1,238	23.93	3.20	$7,859
Jun 2001	0	1,206	24.56	3.82	$4,612
May 2001	0	1,220	25.52	4.31	$5,255
Apr 2001	0	1,297	24.68	5.34	$6,920
Mar 2001	0	1,141	24.54	5.38	$6,135
Feb 2001	0	1,171	27.75	5.77	$6,753
Jan 2001	176	1,242	27.47	8.40	$15,266
Dec 2000	0	1,349	26.88	9.12	$12,306
Nov 2000	0	1,144	32.21	5.66	$6,473
Oct 2000	0	1,239	31.23	5.15	$6,375
Sep 2000	0	1,379	31.87	5.19	$7,152
Aug 2000	0	1,260	29.64	4.54	$5,721
Jul 2000	0	1,434	28.53	4.09	$5,865
Jun 2000	0	1,400	29.30	4.40	$6,156
May 2000	168	1,321	27.26	3.68	$9,441
Apr 2000	0	1,492	24.51	3.12	$4,649
Mar 2000	0	1,694	28.42	2.86	$4,844
Feb 2000	0	1,825	27.62	2.73	$4,976
Jan 2000	0	56	25.27	2.48	$139
Dec 1999	0	336	24.28	2.42	$814
Nov 1999	174	1,703	23.19	2.43	$8,180
Oct 1999	0	1,754	20.98	2.80	$4,918
Sep 1999	0	1,705	21.75	2.62	$4,465
Aug 1999	0	1,711	19.26	2.88	$4,920
Jul 1999	174	1,400	17.89	2.37	$6,434
Jun 1999	0	1,794	15.94	2.36	$4,238
May 1999	0	2,102	15.79	2.32	$4,879
Apr 1999	0	2,259	15.10	2.21	$4,988
Mar 1999	160	2,264	12.47	1.84	$6,157
Feb 1999	0	1,245	9.98	1.82	$2,263
Jan 1999	0	1,762	10.38	1.90	$3,348
Dec 1998	0	1,818	9.20	1.77	$3,224
Nov 1998	0	2,170	10.89	2.19	$4,743
Oct 1998	145	2,225	12.42	1.97	$6,182
Sep 1998	0	2,187	12.59	2.08	$4,555
Aug 1998	161	2,160	11.30	1.91	$5,939
Jul 1998	0	2,294	11.74	2.24	$5,132
Jun 1998	0	2,245	11.24	2.24	$5,023
May 1998	168	2,484	12.62	2.21	$7,601
Apr 1998	0	2,231	13.04	2.51	$5,589
Mar 1998	0	1,756	12.80	2.31	$4,055
Feb 1998	103	680	13.95	2.30	$3,000
Jan 1998	0	631	14.70	2.15	$1,360
Dec 1997	0	1,137	16.32	2.41	$2,741
Nov 1997	0	1,102	18.19	3.09	$3,403
Oct 1997	0	1,176	19.25	3.15	$3,704
Sep 1997	172	1,135	17.74	2.95	$6,405
Aug 1997	0	1,261	17.86	2.55	$3,222
Jul 1997	0	1,329	17.58	2.25	$2,986
Jun 1997	0	1,548	17.24	2.26	$3,494
May 1997	0	1,507	18.97	2.31	$3,479
Apr 1997	0	1,434	17.88	2.08	$2,987
Mar 1997	171	1,459	18.95	1.94	$6,070
Feb 1997	0	1,299	20.49	2.21	$2,865
Jan 1997	0	1,425	23.48	3.54	$5,044
Dec 1996	0	1,559	23.32	—	$0
Nov 1996	167	1,179	21.97	—	$3,669
Oct 1996	0	1,445	23.31	—	$0
Sep 1996	0	1,447	22.22	—	$0
Aug 1996	0	1,649	20.26	—	$0
Jul 1996	0	1,394	19.55	—	$0
Jun 1996	169	136	18.73	—	$3,165
May 1996	0	1,131	19.43	—	$0
Apr 1996	0	1,550	21.51	—	$0
Mar 1996	0	1,775	19.38	—	$0
Feb 1996	0	1,663	16.98	—	$0
Jan 1996	177	1,950	17.07	—	$3,021
Dec 1995	0	1,368	17.19	—	$0
Nov 1995	0	1,536	16.00	—	$0
Oct 1995	0	1,767	15.43	—	$0
Sep 1995	180	1,950	16.18	—	$2,912
Aug 1995	0	1,386	15.92	—	$0
Jul 1995	0	1,675	15.24	—	$0
Jun 1995	0	1,821	16.41	—	$0
May 1995	155	1,819	17.56	—	$2,722
Apr 1995	0	1,498	17.73	—	$0
Mar 1995	182	1,984	16.44	—	$2,992
Feb 1995	0	1,653	16.58	—	$0
Jan 1995	0	1,961	15.92	—	$0
Dec 1994	166	1,719	15.03	—	$2,495
Nov 1994	0	1,365	15.90	—	$0
Oct 1994	0	1,320	15.58	—	$0
Sep 1994	0	2,058	15.29	—	$0
Aug 1994	172	2,390	16.13	—	$2,774
Jul 1994	157	2,850	17.56	—	$2,757
Jun 1994	0	1,756	17.09	—	$0
May 1994	0	1,779	15.88	—	$0
Apr 1994	149	1,756	14.14	—	$2,107
Mar 1994	0	1,796	12.46	—	$0
Feb 1994	0	1,888	12.50	—	$0
Jan 1994	160	2,088	12.66	—	$2,026
Dec 1993	0	2,498	12.33	—	$0
Nov 1993	176	2,452	14.49	—	$2,550
Oct 1993	0	2,107	15.85	—	$0
Sep 1993	0	2,029	15.03	—	$0
Aug 1993	158	2,360	15.66	—	$2,474
Jul 1993	0	2,338	15.46	—	$0
Jun 1993	174	2,412	16.79	—	$2,921
May 1993	0	2,491	17.68	—	$0
Apr 1993	0	2,525	18.05	—	$0
Mar 1993	159	2,663	18.14	—	$2,884
Feb 1993	0	2,481	17.90	—	$0
Jan 1993	147	2,810	16.93	—	$2,489

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 2010 — as filed, then multipliedworked

Condensate           172 bbl  × $ 74.36 =    $12,790
Gas                  478 Mcf  × $  5.96 =     $2,851

────────────────────────────────────────────────────
Month total                                  $15,641

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. 08/G/127467 is the state's own key, not one this site invented.