L.R. "88A"

Name: L.R. "88A" lease production and value, Jan 2005 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by E.G.L. RESOURCES, INC. (P-5 238522) in the PYOTE, SOUTH (4950 SAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 208923District 08Field 73565200CondensateGasSave Export

Value, all time

$2.6 M

Jan 2005 – Aug 2018

Value, last 12 filed months

$11 k

at the published price for each month

Months reported

164

no gaps in the span

Streams

condensate, gas

The PYOTE, SOUTH (4950 SAND) 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 7 leases and 8 wells, and the rule below applies to all of them.

Discovered

1960-08-15

as the register files it

Field class

Oil and gas

the register's own label

Between wells

—

no field rule filed

From a lease line

—

no field rule filed

The Commission's schedule remark for this field reads: “AOF-1 AND AOF-2 EFFECTIVE 06/01/2006.”

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	2,211 bbl	$147,431
Gas	Production	373,366 Mcf	$2,460,684
Total			$2,608,115

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 31.4186, -103.1360. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.41860, -103.13602 · 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

5,072 ft

1 wells filed one

Completion to plug

13.6 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 5,072 ft.

Completions filed

Jan 2005

1 of 1 wells

Plug dates filed

Aug 2018

1 of 1 wells

Last completion to plug: a median of 13.6 years across the 1 well that filed both dates, with the middle half between 13.6 years and 13.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-47534821	1	5,072 ft	Jan 2005	Aug 2018	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 (164)

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

164 months


Aug 2018	0	0	59.40	3.07	$0
Jul 2018	0	0	65.14	2.93	$0
Jun 2018	0	0	60.18	3.08	$0
May 2018	0	0	65.38	2.90	$0
Apr 2018	0	0	63.84	2.90	$0
Mar 2018	0	33	61.22	2.79	$92
Feb 2018	0	33	61.78	2.77	$91
Jan 2018	146	64	62.87	4.01	$9,436
Dec 2017	0	163	57.27	2.92	$476
Nov 2017	0	101	55.42	3.12	$315
Oct 2017	0	110	49.29	2.98	$328
Sep 2017	0	114	47.52	3.09	$352
Aug 2017	0	320	45.37	3.00	$961
Jul 2017	0	68	43.87	3.09	$210
Jun 2017	0	363	42.49	3.09	$1,121
May 2017	0	610	45.37	3.26	$1,991
Apr 2017	0	761	47.93	3.21	$2,444
Mar 2017	0	740	46.77	2.98	$2,208
Feb 2017	0	732	50.45	2.95	$2,161
Jan 2017	0	1,365	49.41	3.42	$4,667
Dec 2016	0	1,647	48.76	3.72	$6,132
Nov 2016	0	655	42.49	2.64	$1,732
Oct 2016	0	363	46.19	3.09	$1,122
Sep 2016	0	490	41.55	3.10	$1,519
Aug 2016	0	834	41.44	2.92	$2,439
Jul 2016	0	2,011	41.62	2.92	$5,881
Jun 2016	0	985	45.35	2.69	$2,646
May 2016	0	657	42.52	1.99	$1,308
Apr 2016	0	847	36.56	1.99	$1,686
Mar 2016	0	767	33.01	1.79	$1,376
Feb 2016	0	645	26.47	2.06	$1,331
Jan 2016	0	812	27.35	2.36	$1,920
Dec 2015	0	710	32.36	2.00	$1,421
Nov 2015	0	1,491	38.79	2.17	$3,231
Oct 2015	0	9	43.55	2.43	$22
Sep 2015	0	1,704	42.99	2.76	$4,700
Aug 2015	0	2,408	40.16	2.87	$6,917
Jul 2015	170	1,394	48.15	2.95	$12,291
Jun 2015	0	1,030	56.15	2.88	$2,969
May 2015	0	421	55.21	2.96	$1,244
Apr 2015	0	741	49.82	2.71	$2,006
Mar 2015	0	1,664	42.89	2.93	$4,883
Feb 2015	0	1,417	44.66	2.98	$4,217
Jan 2015	0	2,939	43.43	3.10	$9,113
Dec 2014	0	4,037	54.69	3.59	$14,498
Nov 2014	0	2,719	70.46	4.25	$11,561
Oct 2014	0	2,799	78.30	3.90	$10,919
Sep 2014	0	2,583	86.16	4.05	$10,449
Aug 2014	0	1,991	89.39	4.04	$8,034
Jul 2014	0	0	96.56	4.18	$0
Jun 2014	0	1	98.16	4.74	$5
May 2014	0	47	94.73	4.73	$222
Apr 2014	0	50	95.94	4.81	$240
Mar 2014	0	0	95.89	5.06	$0
Feb 2014	0	0	97.40	6.19	$0
Jan 2014	0	0	90.40	4.86	$0
Dec 2013	0	1,826	91.82	4.35	$7,951
Nov 2013	0	1,670	88.85	3.74	$6,243
Oct 2013	0	685	97.42	3.78	$2,589
Sep 2013	0	858	104.11	3.72	$3,190
Aug 2013	0	895	104.25	3.52	$3,153
Jul 2013	0	928	102.52	3.72	$3,450
Jun 2013	0	659	94.40	3.93	$2,592
May 2013	0	838	94.83	4.15	$3,477
Apr 2013	0	777	93.96	4.28	$3,328
Mar 2013	0	710	93.62	3.91	$2,778
Feb 2013	0	646	91.23	3.42	$2,209
Jan 2013	0	392	91.60	3.42	$1,341
Dec 2012	0	216	86.77	3.42	$739
Nov 2012	0	15	86.95	3.62	$54
Oct 2012	0	268	89.38	3.40	$911
Sep 2012	172	567	94.67	2.92	$17,938
Aug 2012	0	1,059	92.66	2.91	$3,080
Jul 2012	0	1,122	85.13	3.02	$3,389
Jun 2012	0	680	79.82	2.52	$1,713
May 2012	0	433	91.61	2.49	$1,077
Apr 2012	0	1,177	101.65	2.00	$2,350
Mar 2012	0	1,251	105.05	2.22	$2,780
Feb 2012	0	1,077	101.10	2.57	$2,768
Jan 2012	0	2,373	98.09	2.73	$6,488
Dec 2011	0	995	96.87	3.24	$3,224
Nov 2011	0	1,253	95.72	3.31	$4,149
Oct 2011	0	1,273	84.98	3.65	$4,645
Sep 2011	0	1,206	83.62	3.99	$4,807
Aug 2011	0	1,330	83.40	4.15	$5,519
Jul 2011	0	1,266	94.14	4.52	$5,719
Jun 2011	0	1,271	92.90	4.64	$5,897
May 2011	0	1,311	98.13	4.40	$5,775
Apr 2011	0	1,329	105.96	4.33	$5,759
Mar 2011	0	1,404	96.36	4.06	$5,697
Feb 2011	0	2,768	85.64	4.18	$11,570
Jan 2011	0	1,047	86.50	4.59	$4,804
Dec 2010	168	1,008	85.73	4.35	$18,785
Nov 2010	0	1,116	80.84	3.80	$4,236
Oct 2010	0	1,253	78.10	3.51	$4,397
Sep 2010	0	1,259	72.63	3.98	$5,010
Aug 2010	0	0	73.68	4.42	$0
Jul 2010	0	1,149	72.55	4.74	$5,442
Jun 2010	0	1,316	70.36	4.91	$6,462
May 2010	0	1,583	71.12	4.24	$6,704
Apr 2010	0	1,271	81.69	4.12	$5,240
Mar 2010	0	1,564	78.39	4.39	$6,864
Feb 2010	0	1,268	73.58	5.44	$6,901
Jan 2010	0	987	74.36	5.96	$5,887
Dec 2009	0	1,473	71.44	5.48	$8,078
Nov 2009	0	2,150	74.59	3.75	$8,066
Oct 2009	0	2,131	72.54	4.11	$8,759
Sep 2009	0	1,628	65.54	3.06	$4,989
Aug 2009	0	1,734	67.42	3.22	$5,581
Jul 2009	187	1,838	61.13	3.46	$17,799
Jun 2009	0	954	66.16	3.90	$3,716
May 2009	0	1,612	54.74	3.93	$6,328
Apr 2009	6	1,635	46.77	3.59	$6,146
Mar 2009	0	1,712	42.14	4.06	$6,949
Feb 2009	16	1,266	32.81	4.63	$6,390
Jan 2009	8	1,768	35.86	5.37	$9,783
Dec 2008	3	1,616	37.10	5.98	$9,770
Nov 2008	0	1,567	55.49	6.86	$10,750
Oct 2008	0	1,793	75.24	6.92	$12,411
Sep 2008	0	1,883	101.76	7.88	$14,833
Aug 2008	0	1,514	114.22	8.48	$12,843
Jul 2008	0	1,987	131.08	11.39	$22,631
Jun 2008	0	2,089	131.33	13.03	$27,225
May 2008	0	1,965	123.17	11.57	$22,743
Apr 2008	173	2,263	110.31	10.45	$42,743
Mar 2008	0	2,225	101.90	9.66	$21,503
Feb 2008	0	2,984	92.53	8.77	$26,171
Jan 2008	0	3,581	90.38	8.21	$29,385
Dec 2007	0	4,192	88.33	7.30	$30,610
Nov 2007	7	3,409	91.67	7.29	$25,499
Oct 2007	17	3,373	82.85	6.92	$24,756
Sep 2007	14	3,074	75.84	6.24	$20,256
Aug 2007	5	3,885	69.06	6.39	$25,162
Jul 2007	13	3,764	70.90	6.39	$24,966
Jun 2007	12	3,655	62.00	7.55	$28,334
May 2007	8	4,855	58.74	7.85	$38,564
Apr 2007	5	3,206	59.61	7.81	$25,322
Mar 2007	189	3,055	56.92	7.30	$33,065
Feb 2007	0	3,579	55.10	8.22	$29,405
Jan 2007	10	3,280	50.30	6.73	$22,567
Dec 2006	21	4,583	56.65	6.92	$32,897
Nov 2006	4	5,238	54.20	7.62	$40,117
Oct 2006	155	6,073	54.90	6.01	$45,031
Sep 2006	0	3,258	60.08	5.04	$16,411
Aug 2006	22	3,666	68.71	7.34	$28,420
Jul 2006	22	4,217	69.37	6.34	$28,274
Jun 2006	0	4,847	66.28	6.38	$30,943
May 2006	43	5,687	66.01	6.42	$39,377
Apr 2006	13	5,539	64.39	7.36	$41,607
Mar 2006	14	6,238	56.70	7.08	$44,977
Feb 2006	167	5,562	57.59	7.75	$52,729
Jan 2006	37	6,008	60.59	8.93	$55,913
Dec 2005	15	5,081	54.94	13.42	$68,988
Nov 2005	0	5,448	54.69	10.59	$57,686
Oct 2005	16	7,388	58.34	13.80	$102,857
Sep 2005	154	9,231	61.45	12.08	$120,965
Aug 2005	16	11,071	61.51	9.80	$109,445
Jul 2005	3	10,182	55.69	7.84	$80,031
Jun 2005	0	12,033	52.33	7.38	$88,816
May 2005	0	14,241	45.22	6.65	$94,719
Apr 2005	180	12,281	49.20	7.36	$99,250
Mar 2005	0	17,084	50.37	7.15	$122,234
Feb 2005	0	21,921	45.22	6.31	$138,364
Jan 2005	0	0	43.16	6.32	$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.

Mar 2018 — as filed, then multipliedworked

Condensate             0 bbl  × $ 61.22 =         $0
Gas                   33 Mcf  × $  2.79 =        $92

────────────────────────────────────────────────────
Month total                                      $92

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/208923 is the state's own key, not one this site invented.