LAGO GAS UNIT

Operated by RKI EXPLORATION & PRODUCTION LLC (P-5 714221) in the LAGO (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 136178District 08Field 51295450NGPA filingCondensateGasSaveExport
Value, all time
$461 k
Jan 1993 – Apr 2014
Value, last 12 filed months
$0
at the published price for each month
Months reported
256
no gaps in the span
Streams
2
condensate, gas

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 1 leases and 1 wells, and the rule below applies to all of them.

Discovered
1990-03-29
as the register files it
Field class
Gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA1none

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.

StreamBasisVolumeValue
CondensateDisposition67 bbl$1,140
GasProduction248,628 Mcf$459,965
Total$461,105

125,994 Mcf of this lease's gas, across 47 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 31.9218, -103.8320. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.92183, -103.83200 · centre of the wells drawn, derived

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
16,925 ft
1 wells filed one
Completion to plug
10.8 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 16,925 ft.

Completions filed
Oct 2013
1 of 1 wells
Plug dates filed
Aug 2024
1 of 1 wells

Last completion to plug: a median of 10.8 years across the 1 well that filed both dates, with the middle half between 10.8 years and 10.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-30130201216,925 ftOct 2013Aug 2024Yes

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 (256)

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

256 months

Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 2006019460.598.93$1,733
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 2005039958.3413.80$5,505
Sep 2005027261.4512.08$3,285
Aug 200506361.519.80$617
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 2005016645.226.31$1,048
Jan 2005075643.166.32$4,780
Dec 2004028339.866.75$1,911
Nov 2004079845.286.33$5,052
Oct 2004053249.706.52$3,466
Sep 200401,92443.245.28$10,166
Aug 2004066642.375.55$3,697
Jul 2004034338.286.08$2,087
Jun 200401,25436.106.43$8,067
May 2004092937.486.49$6,033
Apr 2004071634.475.86$4,195
Mar 200401,67734.365.53$9,274
Feb 2004086932.455.51$4,788
Jan 200402,36632.036.30$14,905
Dec 200302,53430.266.30$15,968
Nov 2003091128.804.60$4,186
Oct 2003072028.174.76$3,427
Sep 2003082426.314.75$3,913
Aug 2003079329.765.13$4,068
Jul 2003054729.415.17$2,828
Jun 200301,10828.565.98$6,629
May 200302,01626.595.97$12,041
Apr 200301,70426.675.41$9,214
Mar 200301,39131.146.10$8,480
Feb 200301,21433.487.93$9,622
Jan 200301,39830.315.58$7,804
Dec 200201,80326.914.85$8,751
Nov 200202,41624.664.14$9,995
Oct 200201,68926.464.23$7,143
Sep 200201,18527.443.64$4,308
Aug 2002819525.963.16$825
Jul 200202,31024.583.06$7,073
Jun 200201,13323.733.34$3,782
May 2002030924.663.58$1,107
Apr 200201,37023.653.51$4,812
Mar 200201,25222.003.10$3,885
Feb 200201,10618.222.38$2,628
Jan 2002037617.172.38$893
Dec 200101,24616.932.36$2,946
Nov 200101,45318.072.41$3,495
Oct 200101,54119.782.53$3,897
Sep 200101,20024.262.25$2,702
Aug 20010824.873.05$24
Jul 2001022123.933.20$707
Jun 20010824.563.82$31
May 20010025.524.31$0
Apr 2001017124.685.34$912
Mar 200101,43124.545.38$7,694
Feb 200102,42027.755.77$13,956
Jan 200103,54227.478.40$29,748
Dec 2000042126.889.12$3,841
Nov 2000024632.215.66$1,392
Oct 2000013131.235.15$674
Sep 200008531.875.19$441
Aug 200003029.644.54$136
Jul 200003828.534.09$155
Jun 2000014629.304.40$642
May 200008327.263.68$305
Apr 2000024824.513.12$773
Mar 2000029828.422.86$852
Feb 2000033827.622.73$922
Jan 2000030025.272.48$744
Dec 1999027524.282.42$667
Nov 1999058123.192.43$1,414
Oct 1999095120.982.80$2,666
Sep 199902421.752.62$63
Aug 199902319.262.88$66
Jul 1999010217.892.37$242
Jun 1999046715.942.36$1,103
May 199901,55715.792.32$3,614
Apr 199901,92015.102.21$4,239
Mar 1999056912.471.84$1,046
Feb 199901,7609.981.82$3,199
Jan 199901,94110.381.90$3,688
Dec 199806359.201.77$1,126
Nov 199801,97510.892.19$4,317
Oct 199801,88112.421.97$3,704
Sep 199801,71812.592.08$3,578
Aug 199801,14711.301.91$2,188
Jul 199803,09011.742.24$6,913
Jun 199802,87111.242.24$6,423
May 199803,01612.622.21$6,654
Apr 199802,07913.042.51$5,209
Mar 199803,22112.802.31$7,439
Feb 199801,79813.952.30$4,134
Jan 199801,84714.702.15$3,980
Dec 199702,46316.322.41$5,939
Nov 199704,16218.193.09$12,853
Oct 1997018119.253.15$570
Sep 199705,58617.742.95$16,506
Aug 199703,62817.862.55$9,269
Jul 199703,08717.582.25$6,936
Jun 199701,87517.242.26$4,232
May 19970018.972.31$0
Apr 199702,24117.882.08$4,668
Mar 1997035918.951.94$696
Feb 199701,86920.492.21$4,123
Jan 199701,61923.483.54$5,731
Dec 199602,78523.32$0
Nov 199602,93521.97$0
Oct 199601,63623.31$0
Sep 1996075622.22$0
Aug 19960020.26$0
Jul 19960919.55$0
Jun 199601,31018.73$0
May 199601,07119.43$0
Apr 199603,09621.51$0
Mar 199605519.38$0
Feb 199601,05816.98$0
Jan 1996099617.07$0
Dec 199501,33717.19$0
Nov 1995087016.00$0
Oct 1995020715.43$0
Sep 1995017716.18$0
Aug 1995031615.92$0
Jul 1995035415.24$0
Jun 1995044816.41$0
May 1995039717.56$0
Apr 1995047117.73$0
Mar 1995072716.44$0
Feb 1995080816.58$0
Jan 199501,00115.92$0
Dec 199402,07815.03$0
Nov 199401,34115.90$0
Oct 199401,55215.58$0
Sep 199402,16615.29$0
Aug 199403,32916.13$0
Jul 199402,33817.56$0
Jun 199402,76417.09$0
May 199402,32915.88$0
Apr 199402,24614.14$0
Mar 199401,73312.46$0
Feb 199473,30412.50$88
Jan 199401,70212.66$0
Dec 199303,07812.33$0
Nov 199302,91514.49$0
Oct 1993433,98915.85$682
Sep 199304,36215.03$0
Aug 199301,84915.66$0
Jul 199307,22015.46$0
Jun 199306,71116.79$0
May 199307,65117.68$0
Apr 199308,59418.05$0
Mar 1993910,09518.14$163
Feb 1993010,32617.90$0
Jan 199309,50216.93$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.

Jan 2006 — as filed, then multipliedworked
Condensate             0 bbl  × $ 60.59 =         $0
Gas                  194 Mcf  × $  8.93 =     $1,733

────────────────────────────────────────────────────
Month total                                   $1,733

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/136178 is the state's own key, not one this site invented.