LACY ET AL -B-

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

Operated by FOREST OIL CORPORATION (P-5 275740) in the DIMMITT (CHERRY CANYON) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 27002District 08Field 24853400NGPA filingOilCasinghead gasSave Export

Value, all time

$1.5 M

Jan 1993 – Apr 2008

Value, last 12 filed months

$28 k

at the published price for each month

Months reported

184

no gaps in the span

Streams

oil, casinghead gas

The DIMMITT (CHERRY CANYON) 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 79 leases and 204 wells, and the rule below applies to all of them.

Discovered

1980-08-23

as the register files it

Field class

Oil

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: “CONSOLIDATED TO DIMMITT (DELAWARE CONS)”

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.

Programme	Filings	With an approval date	Dated	Docket
NGPA	4	none	—	—

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.

Stream	Basis	Volume	Value
Oil	Disposition	31,391 bbl	$817,537
Casinghead gas	Production	223,987 Mcf	$657,254
Total			$1,474,791

71,684 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 (4)

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 31.8422, -103.5212. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.8 miles.

31.84311, -103.52226 · 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%

4 of 4 wells

With a plug date

25.0%

1 of 4 wells

Median depth

6,534 ft

4 wells filed one

Completion to plug

16.3 years

median over 1 well

What the state filed about each well

On the RRC proration schedule

4100.0%

A plug date is filed

125.0%

BothOn the schedule and plugged. Neither fact cancels the other.

125.0%

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

Between 6,505 and 6,617 ft, median 6,534 ft, over the 4 wells that filed a depth.

Completions filed

Jan 1983 – Aug 2018

4 of 4 wells

Plug dates filed

Apr 1999

1 of 4 wells; 3 filed none

Last completion to plug: a median of 16.3 years across the 1 well that filed both dates, with the middle half between 16.3 years and 16.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

4 wells


42-30130537	4	6,510 ft	Aug 2018	—	Yes
42-30130465	3	6,505 ft	Aug 2018	—	Yes
42-30130337	1	6,617 ft	Apr 2008	—	Yes
42-30130377	2	6,558 ft	Jan 1983	Apr 1999	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 (184)

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

184 months


Apr 2008	0	0	110.31	10.45	$0
Mar 2008	0	0	101.90	9.66	$0
Feb 2008	0	0	92.53	8.77	$0
Jan 2008	0	0	90.38	8.21	$0
Dec 2007	0	0	88.33	7.30	$0
Nov 2007	0	0	91.67	7.29	$0
Oct 2007	0	0	82.85	6.92	$0
Sep 2007	0	0	75.84	6.24	$0
Aug 2007	0	0	69.06	6.39	$0
Jul 2007	0	0	70.90	6.39	$0
Jun 2007	279	680	62.00	7.55	$22,431
May 2007	0	669	58.74	7.85	$5,249
Apr 2007	288	579	59.61	7.81	$21,687
Mar 2007	0	695	56.92	7.30	$5,075
Feb 2007	0	567	55.10	8.22	$4,658
Jan 2007	544	654	50.30	6.73	$31,763
Dec 2006	0	670	56.65	6.92	$4,635
Nov 2006	0	796	54.20	7.62	$6,064
Oct 2006	263	841	54.90	6.01	$19,496
Sep 2006	232	0	60.08	5.04	$13,939
Aug 2006	0	0	68.71	7.34	$0
Jul 2006	0	732	69.37	6.34	$4,643
Jun 2006	213	688	66.28	6.38	$18,510
May 2006	257	771	66.01	6.42	$21,918
Apr 2006	273	704	64.39	7.36	$22,760
Mar 2006	0	684	56.70	7.08	$4,845
Feb 2006	272	616	57.59	7.75	$20,439
Jan 2006	0	618	60.59	8.93	$5,521
Dec 2005	245	646	54.94	13.42	$22,127
Nov 2005	0	652	54.69	10.59	$6,904
Oct 2005	223	678	58.34	13.80	$22,363
Sep 2005	0	572	61.45	12.08	$6,909
Aug 2005	244	649	61.51	9.80	$21,367
Jul 2005	0	616	55.69	7.84	$4,832
Jun 2005	267	645	52.33	7.38	$18,733
May 2005	241	708	45.22	6.65	$15,607
Apr 2005	0	703	49.20	7.36	$5,174
Mar 2005	218	760	50.37	7.15	$16,418
Feb 2005	0	631	45.22	6.31	$3,983
Jan 2005	243	667	43.16	6.32	$14,705
Dec 2004	212	711	39.86	6.75	$13,250
Nov 2004	133	723	45.28	6.33	$10,599
Oct 2004	240	819	49.70	6.52	$17,264
Sep 2004	251	977	43.24	5.28	$16,016
Aug 2004	0	1,032	42.37	5.55	$5,728
Jul 2004	195	1,104	38.28	6.08	$14,182
Jun 2004	275	1,237	36.10	6.43	$17,885
May 2004	254	1,660	37.48	6.49	$20,301
Apr 2004	0	1,486	34.47	5.86	$8,706
Mar 2004	250	1,529	34.36	5.53	$17,046
Feb 2004	218	1,229	32.45	5.51	$13,845
Jan 2004	306	1,236	32.03	6.30	$17,588
Dec 2003	202	1,256	30.26	6.30	$14,027
Nov 2003	247	1,085	28.80	4.60	$12,099
Oct 2003	247	1,161	28.17	4.76	$12,484
Sep 2003	0	1,310	26.31	4.75	$6,222
Aug 2003	255	1,373	29.76	5.13	$14,632
Jul 2003	249	1,714	29.41	5.17	$16,186
Jun 2003	0	1,861	28.56	5.98	$11,134
May 2003	254	886	26.59	5.97	$12,046
Apr 2003	266	1,669	26.67	5.41	$16,119
Mar 2003	261	1,258	31.14	6.10	$15,796
Feb 2003	0	925	33.48	7.93	$7,331
Jan 2003	257	1,282	30.31	5.58	$14,946
Dec 2002	253	1,100	26.91	4.85	$12,147
Nov 2002	269	927	24.66	4.14	$10,469
Oct 2002	0	1,147	26.46	4.23	$4,851
Sep 2002	273	1,201	27.44	3.64	$11,857
Aug 2002	238	1,395	25.96	3.16	$10,592
Jul 2002	246	1,032	24.58	3.06	$9,206
Jun 2002	0	1,438	23.73	3.34	$4,800
May 2002	330	975	24.66	3.58	$11,632
Apr 2002	194	1,381	23.65	3.51	$9,439
Mar 2002	198	1,655	22.00	3.10	$9,491
Feb 2002	0	1,475	18.22	2.38	$3,504
Jan 2002	191	1,570	17.17	2.38	$7,009
Dec 2001	339	184	16.93	2.36	$6,174
Nov 2001	0	1,636	18.07	2.41	$3,935
Oct 2001	155	2,418	19.78	2.53	$9,181
Sep 2001	190	1,740	24.26	2.25	$8,527
Aug 2001	89	1,878	24.87	3.05	$7,947
Jul 2001	188	1,702	23.93	3.20	$9,940
Jun 2001	177	1,730	24.56	3.82	$10,963
May 2001	181	1,672	25.52	4.31	$11,821
Apr 2001	179	1,667	24.68	5.34	$13,312
Mar 2001	190	1,547	24.54	5.38	$12,980
Feb 2001	90	1,305	27.75	5.77	$10,024
Jan 2001	188	1,358	27.47	8.40	$16,570
Dec 2000	190	1,752	26.88	9.12	$21,090
Nov 2000	188	1,861	32.21	5.66	$16,585
Oct 2000	182	2,021	31.23	5.15	$16,083
Sep 2000	73	1,826	31.87	5.19	$11,797
Aug 2000	209	1,981	29.64	4.54	$15,190
Jul 2000	48	1,830	28.53	4.09	$8,854
Jun 2000	97	1,626	29.30	4.40	$9,992
May 2000	95	1,801	27.26	3.68	$9,217
Apr 2000	101	1,742	24.51	3.12	$7,904
Mar 2000	95	1,798	28.42	2.86	$7,842
Feb 2000	101	1,751	27.62	2.73	$7,564
Jan 2000	52	1,730	25.27	2.48	$5,605
Dec 1999	97	1,656	24.28	2.42	$6,369
Nov 1999	98	1,880	23.19	2.43	$6,849
Oct 1999	100	2,109	20.98	2.80	$8,011
Sep 1999	78	2,220	21.75	2.62	$7,510
Aug 1999	73	2,448	19.26	2.88	$8,445
Jul 1999	75	2,097	17.89	2.37	$6,317
Jun 1999	76	2,343	15.94	2.36	$6,746
May 1999	86	2,297	15.79	2.32	$6,689
Apr 1999	87	1,737	15.10	2.21	$5,149
Mar 1999	0	2,013	12.47	1.84	$3,701
Feb 1999	87	2,077	9.98	1.82	$4,644
Jan 1999	84	1,732	10.38	1.90	$4,163
Dec 1998	163	2,001	9.20	1.77	$5,048
Nov 1998	191	1,998	10.89	2.19	$6,447
Oct 1998	187	491	12.42	1.97	$3,289
Sep 1998	132	1,197	12.59	2.08	$4,155
Aug 1998	363	895	11.30	1.91	$5,809
Jul 1998	1	113	11.74	2.24	$265
Jun 1998	1	598	11.24	2.24	$1,349
May 1998	381	715	12.62	2.21	$6,386
Apr 1998	0	809	13.04	2.51	$2,027
Mar 1998	393	834	12.80	2.31	$6,956
Feb 1998	0	706	13.95	2.30	$1,623
Jan 1998	201	821	14.70	2.15	$4,724
Dec 1997	397	819	16.32	2.41	$8,454
Nov 1997	0	882	18.19	3.09	$2,724
Oct 1997	201	878	19.25	3.15	$6,635
Sep 1997	199	960	17.74	2.95	$6,367
Aug 1997	196	1,163	17.86	2.55	$6,472
Jul 1997	199	993	17.58	2.25	$5,730
Jun 1997	187	1,026	17.24	2.26	$5,540
May 1997	197	1,038	18.97	2.31	$6,133
Apr 1997	202	1,079	17.88	2.08	$5,859
Mar 1997	201	1,157	18.95	1.94	$6,053
Feb 1997	198	1,098	20.49	2.21	$6,479
Jan 1997	205	1,157	23.48	3.54	$8,909
Dec 1996	201	1,174	23.32	—	$4,687
Nov 1996	190	1,252	21.97	—	$4,174
Oct 1996	389	1,331	23.31	—	$9,068
Sep 1996	0	1,343	22.22	—	$0
Aug 1996	398	1,373	20.26	—	$8,063
Jul 1996	195	1,463	19.55	—	$3,812
Jun 1996	198	1,433	18.73	—	$3,709
May 1996	197	1,502	19.43	—	$3,828
Apr 1996	196	1,484	21.51	—	$4,216
Mar 1996	196	1,399	19.38	—	$3,798
Feb 1996	186	1,343	16.98	—	$3,158
Jan 1996	192	1,300	17.07	—	$3,277
Dec 1995	376	1,437	17.19	—	$6,463
Nov 1995	201	1,445	16.00	—	$3,216
Oct 1995	196	1,547	15.43	—	$3,024
Sep 1995	193	1,606	16.18	—	$3,123
Aug 1995	186	1,715	15.92	—	$2,961
Jul 1995	180	1,604	15.24	—	$2,743
Jun 1995	539	1,671	16.41	—	$8,845
May 1995	0	1,695	17.56	—	$0
Apr 1995	179	1,698	17.73	—	$3,174
Mar 1995	363	1,820	16.44	—	$5,968
Feb 1995	364	1,546	16.58	—	$6,035
Jan 1995	0	1,662	15.92	—	$0
Dec 1994	404	1,700	15.03	—	$6,072
Nov 1994	370	1,393	15.90	—	$5,883
Oct 1994	0	1,729	15.58	—	$0
Sep 1994	389	1,874	15.29	—	$5,948
Aug 1994	0	1,668	16.13	—	$0
Jul 1994	373	1,388	17.56	—	$6,550
Jun 1994	434	1,727	17.09	—	$7,417
May 1994	99	1,259	15.88	—	$1,572
Apr 1994	387	1,306	14.14	—	$5,472
Mar 1994	385	1,562	12.46	—	$4,797
Feb 1994	0	1,444	12.50	—	$0
Jan 1994	401	1,098	12.66	—	$5,077
Dec 1993	417	1,295	12.33	—	$5,142
Nov 1993	407	1,336	14.49	—	$5,897
Oct 1993	0	1,304	15.85	—	$0
Sep 1993	357	1,087	15.03	—	$5,366
Aug 1993	0	1,674	15.66	—	$0
Jul 1993	345	1,038	15.46	—	$5,334
Jun 1993	363	1,645	16.79	—	$6,095
May 1993	384	2,228	17.68	—	$6,789
Apr 1993	0	1,684	18.05	—	$0
Mar 1993	393	1,566	18.14	—	$7,129
Feb 1993	369	1,578	17.90	—	$6,605
Jan 1993	0	1,258	16.93	—	$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.

Jun 2007 — as filed, then multipliedworked

Oil                  279 bbl  × $ 62.00 =    $17,298
Casinghead gas       680 Mcf  × $  7.55 =     $5,133

────────────────────────────────────────────────────
Month total                                  $22,431

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/O/27002 is the state's own key, not one this site invented.