LETHCO

Operated by RAYDEN (P-5 695567) in the ATHEY (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 46795District 08Field 04228498CondensateGasSaveExport
Value, all time
$11 k
Jan 1993 – Jun 1999
Value, last 12 filed months
$11 k
at the published price for each month
Months reported
78
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 9 leases and 11 wells, and the rule below applies to all of them.

Discovered
1965-03-21
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: REQUEST EFFECTIVE 3/1/93

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
CondensateDisposition817 bbl$8,375
GasProduction3,068 Mcf$3,053
Total$11,428

1,574 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 31.1897, -102.9943. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.18974, -102.99433 · 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
0.0%
0 of 1 wells
Median depth
12,132 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 12,132 ft.

Completions filed
Jun 1969
1 of 1 wells

1 well

42-37130043112,132 ftJun 1969Yes

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 (78)

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

78 months

Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 199926409.981.82$2,635
Jan 199955394210.381.90$7,530
Dec 19980269.201.77$46
Nov 19980010.892.19$0
Oct 19980312.421.97$6
Sep 199802812.592.08$58
Aug 199805511.301.91$105
Jul 199809111.742.24$204
Jun 199808811.242.24$197
May 199804112.622.21$90
Apr 199806913.042.51$173
Mar 19980612.802.31$14
Feb 19980413.952.30$9
Jan 19980714.702.15$15
Dec 19970816.322.41$19
Nov 199701518.193.09$46
Oct 199701119.253.15$35
Sep 19970717.742.95$21
Aug 199704717.862.55$120
Jul 19970017.582.25$0
Jun 199701117.242.26$25
May 19970518.972.31$12
Apr 199701117.882.08$23
Mar 19970918.951.94$17
Feb 19970520.492.21$11
Jan 19970523.483.54$18
Dec 199601423.32$0
Nov 19960621.97$0
Oct 19960923.31$0
Sep 19960722.22$0
Aug 19960520.26$0
Jul 199601619.55$0
Jun 199602718.73$0
May 199602819.43$0
Apr 199603421.51$0
Mar 199605819.38$0
Feb 199602316.98$0
Jan 199601417.07$0
Dec 199501517.19$0
Nov 19950916.00$0
Oct 199501515.43$0
Sep 199501716.18$0
Aug 199501315.92$0
Jul 199502815.24$0
Jun 199501516.41$0
May 199501117.56$0
Apr 199507717.73$0
Mar 199505416.44$0
Feb 199502616.58$0
Jan 199501615.92$0
Dec 199401615.03$0
Nov 199402115.90$0
Oct 199401915.58$0
Sep 199401515.29$0
Aug 199401816.13$0
Jul 199403717.56$0
Jun 199403417.09$0
May 199402815.88$0
Apr 199404414.14$0
Mar 199404212.46$0
Feb 199402812.50$0
Jan 199402212.66$0
Dec 199302212.33$0
Nov 199302214.49$0
Oct 199302515.85$0
Sep 199302415.03$0
Aug 199303115.66$0
Jul 199308415.46$0
Jun 1993017716.79$0
May 1993014017.68$0
Apr 199307918.05$0
Mar 199309118.14$0
Feb 199301617.90$0
Jan 19930216.93$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.

Feb 1999 — as filed, then multipliedworked
Condensate           264 bbl  × $  9.98 =     $2,635
Gas                    0 Mcf  × $  1.82 =         $0

────────────────────────────────────────────────────
Month total                                   $2,635

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/46795 is the state's own key, not one this site invented.