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Z&T 32

Operated by LRR PECOS VALLEY, LLC (P-5 511724) in the SANDBAR (BONE SPRING) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 276195District 08Field 80544500Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.8 M
Aug 2014 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
142
no gaps in the span
Streams
2
condensate, gas

The SANDBAR (BONE SPRING) 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 1,654 leases and 2,003 wells, and the rule below applies to all of them.

Discovered
2010-09-15
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2015-08-25.

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: “DKT08-0319479 ORDER NUNC PRO TUNC REGARDING SWR13”

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
High Cost Gas112016-09-26218756
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
CondensateDisposition61,257 bbl$3,895,991
GasProduction919,891 Mcf$2,920,307
Total$6,816,298

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 31.9140, -103.6829. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.91396, -103.68294 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
8,868 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
00.0%
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.
1100.0%

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 8,868 ft.

Completions filed
Feb 2013
1 of 1 wells

1 well

42-30131898A002AH8,868 ftFeb 2013——

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 (142)

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

142 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 2022425787.185.86$3,996
Sep 20222567084.888.16$7,592
Aug 20221,3027,06894.529.13$187,576
Jul 20228341,091101.587.54$92,946
Jun 20228491,120115.097.98$106,646
May 20221,2461,320109.378.43$147,407
Apr 20221,490863104.226.84$161,189
Mar 20221,3531,212108.885.08$153,467
Feb 20229697,69991.054.86$125,636
Jan 20221,18298981.844.54$101,223
Dec 20211,51070571.323.90$110,442
Nov 20212,3968,35777.435.24$229,287
Oct 20212,30210,67579.795.71$244,672
Sep 20212,0463,15969.865.35$159,837
Aug 20211,6564,46766.024.22$128,183
Jul 20219835,82470.783.98$92,768
Jun 20215275,88269.493.38$56,506
May 20219572,04263.483.02$66,912
Apr 20211,4474,29160.362.76$99,177
Mar 20211,1074,14161.302.72$79,110
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 202023014.751.80$339
Mar 20208746,89430.341.86$39,314
Feb 20209957,83649.881.98$65,151
Jan 20208234,90057.252.09$57,381
Dec 20191,1116,07359.012.30$79,554
Nov 20197944,67455.302.75$56,765
Oct 20199665,84153.472.42$65,779
Sep 201947642055.052.66$27,320
Aug 20191495,52453.112.30$20,643
Jul 201940916,07956.272.46$62,570
Jun 201946016,11452.782.49$64,422
May 201951023,45158.482.74$94,088
Apr 201955921,34762.632.75$93,729
Mar 201958821,20056.803.06$98,315
Feb 201946215,11450.852.79$65,694
Jan 201924813,99246.033.23$56,584
Dec 201828925,47446.594.19$120,084
Nov 201882638,51552.934.24$206,917
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20181325,13560.183.08$23,744
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 2018111061.222.79$6,795
Feb 20181394,38961.782.77$20,728
Jan 201827914,44962.874.01$75,471
Dec 201728214,88257.272.92$59,628
Nov 201730716,26955.423.12$67,747
Oct 201731315,01549.292.98$60,228
Sep 201727510,05847.523.09$44,120
Aug 201729915,43345.373.00$59,933
Jul 201728816,13243.873.09$62,439
Jun 201733916,01142.493.09$63,835
May 201749317,64745.373.26$79,957
Apr 201745119,51747.933.21$84,297
Mar 20172809,16146.772.98$40,429
Feb 20173629,42850.452.95$46,100
Jan 201739315,82149.413.42$73,507
Dec 201639416,37448.763.72$80,169
Nov 201641019,11642.492.64$67,970
Oct 201647222,27246.193.09$90,628
Sep 201645523,00641.553.10$90,238
Aug 201646325,94141.442.92$95,047
Jul 201655028,98941.622.92$107,665
Jun 201664632,69645.352.69$117,112
May 201688632,11042.521.99$101,605
Apr 20165639,48736.561.99$39,472
Mar 20165989,75533.011.79$37,241
Feb 20165826,36226.472.06$28,534
Jan 20167027,11827.352.36$36,029
Dec 201567810,13532.362.00$42,224
Nov 20156327,45638.792.17$40,675
Oct 20156778,16443.552.43$49,294
Sep 20156247,54542.992.76$47,638
Aug 20157108,37640.162.87$52,574
Jul 20157238,97048.152.95$61,230
Jun 20157168,78556.152.88$65,529
May 201581411,42055.212.96$78,692
Apr 201582712,17449.822.71$74,151
Mar 201594313,13642.892.93$78,996
Feb 20151,14314,50944.662.98$94,228
Jan 201594314,76543.433.10$86,735
Dec 201492812,02354.693.59$93,931
Nov 20141,06412,61670.464.25$128,611
Oct 20141,2569,80078.303.90$136,574
Sep 20141,02912,75786.164.05$140,266
Aug 20141,3019,60789.394.04$155,062

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.

Oct 2022 — as filed, then multipliedworked
Condensate            42 bbl  × $ 87.18 =     $3,662
Gas                   57 Mcf  × $  5.86 =       $334

────────────────────────────────────────────────────
Month total                                   $3,996

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/276195 is the state's own key, not one this site invented.