UNDERWOOD

Operated by LEGACY RESERVES OPERATING LP (P-5 495445) in the LUTHER, E. (CANYON REEF) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 34090District 08Field 55816333OilCasinghead gasSaveExport
Value, all time
$2.4 M
Jan 1994 – Jul 2011
Value, last 12 filed months
$4 k
at the published price for each month
Months reported
211
no gaps in the span
Streams
2
oil, casinghead 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 11 leases and 14 wells, and the rule below applies to all of them.

Discovered
1955-10-26
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: 4/4/95 BASED ON DOCKET NO. 08-0207965

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
OilDisposition70,907 bbl$2,005,883
Casinghead gasProduction126,494 Mcf$414,783
Total$2,420,666

35,862 Mcf of this lease's gas, across 35 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 32.4469, -101.4446. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.44692, -101.44462 · 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
8,100 ft
1 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
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 8,100 ft.

Completions filed
Jan 1994
1 of 1 wells
Plug dates filed
Apr 2010
1 of 1 wells

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.

1 well

42-2273481018,100 ftJan 1994Apr 2010Yes

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 (211)

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

211 months

Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20113098.134.40$294
Apr 201150105.964.33$530
Mar 20115096.364.06$482
Feb 20115085.644.18$428
Jan 20115086.504.59$433
Dec 20105085.734.35$429
Nov 20105080.843.80$404
Oct 20105078.103.51$391
Sep 20105072.633.98$363
Aug 20105073.684.42$368
Jul 20105072.554.74$363
Jun 20105070.364.91$352
May 20105071.124.24$356
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 200901435.865.37$75
Dec 2008173237.105.98$6,430
Nov 200815114655.496.86$9,381
Oct 2008138875.246.92$2,761
Sep 2008364402101.767.88$40,207
Aug 20080371114.228.48$3,147
Jul 2008027131.0811.39$308
Jun 2008130131.3313.03$1,707
May 2008171303123.1711.57$24,569
Apr 2008342526110.3110.45$43,225
Mar 2008203413101.909.66$24,677
Feb 2008314792.538.77$1,567
Jan 200816844990.388.21$18,868
Dec 200735048688.337.30$34,464
Nov 200720440391.677.29$21,639
Oct 200717452682.856.92$18,057
Sep 200731151775.846.24$26,814
Aug 200717750869.066.39$15,469
Jul 200733553870.906.39$27,188
Jun 2007046062.007.55$3,472
May 200736445758.747.85$24,967
Apr 200717644559.617.81$13,965
Mar 200717944056.927.30$13,402
Feb 200715537955.108.22$11,654
Jan 200735632650.306.73$20,100
Dec 200617952856.656.92$13,793
Nov 200635557654.207.62$23,629
Oct 200617855054.906.01$13,080
Sep 200635164360.085.04$24,327
Aug 200639668968.717.34$32,266
Jul 200637673869.376.34$30,764
Jun 200637274066.286.38$29,380
May 200617449766.016.42$14,679
Apr 200635757464.397.36$27,212
Mar 200635366256.707.08$24,704
Feb 200635366857.597.75$25,507
Jan 200635478660.598.93$28,470
Dec 200535958754.9413.42$27,598
Nov 200535844654.6910.59$24,301
Oct 200519847458.3413.80$18,091
Sep 200517725161.4512.08$13,908
Aug 200547461.519.80$971
Jul 20051774855.697.84$10,234
Jun 200517134052.337.38$11,458
May 200537440745.226.65$19,619
Apr 200534058449.207.36$21,027
Mar 200537361050.377.15$23,152
Feb 200517746345.226.31$10,926
Jan 200536456143.166.32$19,257
Dec 200434949039.866.75$17,219
Nov 200435142345.286.33$18,571
Oct 200417337249.706.52$11,022
Sep 200434339343.245.28$16,908
Aug 200417331542.375.55$9,078
Jul 200434038038.286.08$15,327
Jun 200435745336.106.43$15,802
May 200435252637.486.49$16,609
Apr 200435052434.475.86$15,134
Mar 200436061034.365.53$15,743
Feb 200435372132.455.51$15,427
Jan 200435172932.036.30$15,835
Dec 200335876630.266.30$15,660
Nov 200353165428.804.60$18,298
Oct 200335255428.174.76$12,553
Sep 200338858026.314.75$12,963
Aug 200336362629.765.13$14,014
Jul 200334861329.415.17$13,404
Jun 200336553628.565.98$13,631
May 200335163926.595.97$13,150
Apr 200336275626.675.41$13,742
Mar 200353279431.146.10$21,407
Feb 200335868233.487.93$17,391
Jan 200335687430.315.58$15,669
Dec 200253486426.914.85$18,564
Nov 200237555724.664.14$11,552
Oct 200253373226.464.23$17,199
Sep 200238078427.443.64$13,277
Aug 200252784825.963.16$16,364
Jul 200252279724.583.06$15,271
Jun 200219247123.733.34$6,128
May 2002115624.663.58$472
Apr 200253168123.653.51$14,950
Mar 200242675922.003.10$11,727
Feb 200236061218.222.38$8,013
Jan 200239471617.172.38$8,466
Dec 200136066916.932.36$7,677
Nov 200135558418.072.41$7,820
Oct 200136466819.782.53$8,889
Sep 200137268824.262.25$10,574
Aug 200152767024.873.05$15,152
Jul 200136778723.933.20$11,298
Jun 200135964924.563.82$11,299
May 200153277125.524.31$16,898
Apr 200136171524.685.34$12,724
Mar 200117936524.545.38$6,355
Feb 200137811327.755.77$11,141
Jan 200155971227.478.40$21,336
Dec 200018562626.889.12$10,683
Nov 200053971832.215.66$21,424
Oct 200035874631.235.15$15,019
Sep 200035776131.875.19$15,325
Aug 200035181729.644.54$14,113
Jul 200051776828.534.09$17,891
Jun 200035278529.304.40$13,765
May 200034472527.263.68$12,045
Apr 200035076924.513.12$10,975
Mar 200035261528.422.86$11,763
Feb 200053774027.622.73$16,850
Jan 200034987025.272.48$10,977
Dec 199951970624.282.42$14,312
Nov 199934578023.192.43$9,899
Oct 199952882920.982.80$13,402
Sep 199952285321.752.62$13,587
Aug 199934771319.262.88$8,734
Jul 199953475417.892.37$11,342
Jun 199934189015.942.36$7,538
May 199935091015.792.32$7,639
Apr 199952378715.102.21$9,635
Mar 199934381812.471.84$5,781
Feb 19993487899.981.82$4,907
Jan 199951993710.381.90$7,167
Dec 19985378569.201.77$6,458
Nov 199836366810.892.19$5,413
Oct 199836364112.421.97$5,771
Sep 199854990712.592.08$8,801
Aug 199854294411.301.91$7,925
Jul 199818370111.742.24$3,717
Jun 199836256311.242.24$5,328
May 199835792812.622.21$6,553
Apr 199855391213.042.51$9,496
Mar 199854196112.802.31$9,144
Feb 199836787613.952.30$7,134
Jan 199853997414.702.15$10,022
Dec 19977281,00516.322.41$14,304
Nov 19973611,00718.193.09$9,676
Oct 199770089819.253.15$16,304
Sep 199737289517.742.95$9,244
Aug 199753799517.862.55$12,133
Jul 199752887917.582.25$11,257
Jun 19975431,01217.242.26$11,646
May 19977041,06318.972.31$15,809
Apr 19975341,00917.882.08$11,649
Mar 199788791018.951.94$18,573
Feb 19971871,00220.492.21$6,042
Jan 199770487323.483.54$19,620
Dec 199653897723.32$12,546
Nov 199637298621.97$8,173
Oct 19966911,09723.31$16,107
Sep 19966971,21422.22$15,487
Aug 19967071,33520.26$14,324
Jul 19966971,14219.55$13,626
Jun 199634766718.73$6,499
May 19967031,19519.43$13,659
Apr 19967141,27621.51$15,358
Mar 19966961,36519.38$13,488
Feb 19968831,19516.98$14,993
Jan 19966871,93217.07$11,727
Dec 19958951,72617.19$15,385
Nov 19951,0581,83316.00$16,928
Oct 19951,0682,30715.43$16,479
Sep 19951,0691,75016.18$17,296
Aug 19957071,41815.92$11,255
Jul 199535445515.24$5,395
Jun 199535471316.41$5,809
May 199536673817.56$6,427
Apr 199535761217.73$6,330
Mar 199537466416.44$6,149
Feb 199519663816.58$3,250
Jan 199555365715.92$8,804
Dec 199436867315.03$5,531
Nov 199418661515.90$2,957
Oct 199454167215.58$8,429
Sep 199418767815.29$2,859
Aug 199435768716.13$5,758
Jul 199436769417.56$6,445
Jun 199437673117.09$6,426
May 199437880015.88$6,003
Apr 199457087414.14$8,060
Mar 19947581,47212.46$9,445
Feb 19945687412.50$7,100
Jan 19940012.66$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.

May 2011 — as filed, then multipliedworked
Oil                    3 bbl  × $ 98.13 =       $294
Casinghead gas         0 Mcf  × $  4.40 =         $0

────────────────────────────────────────────────────
Month total                                     $294

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/34090 is the state's own key, not one this site invented.