UNIVERSITY -142-

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

Oil lease lease 5611District 08Field 82570700NGPA filingOilCasinghead gasSaveExport
Value, all time
$131 k
Jan 1993 – Nov 2013
Value, last 12 filed months
$2 k
at the published price for each month
Months reported
251
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 136 leases and 215 wells, and the rule below applies to all of them.

Discovered
1952-03-16
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: 9/30/97

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
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
OilDisposition2,828 bbl$62,057
Casinghead gasProduction47,889 Mcf$69,120
Total$131,177

27,434 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 32.3824, -102.6964. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.38242, -102.69636 · 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
3,020 ft
1 wells filed one
Completion to plug
6.3 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 3,020 ft.

Completions filed
Sep 2011
1 of 1 wells
Plug dates filed
Dec 2017
1 of 1 wells

Last completion to plug: a median of 6.3 years across the 1 well that filed both dates, with the middle half between 6.3 years and 6.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-0030534713,020 ftSep 2011Dec 2017Yes

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 (251)

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

251 months

Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 201327091.603.42$2,473
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 201254092.662.91$5,004
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 201104283.404.15$174
Jul 201105094.144.52$226
Jun 201104692.904.64$213
May 201104898.134.40$211
Apr 2011047105.964.33$204
Mar 201104496.364.06$179
Feb 201103785.644.18$155
Jan 201104386.504.59$197
Dec 201004485.734.35$191
Nov 201004380.843.80$163
Oct 201003778.103.51$130
Sep 201004172.633.98$163
Aug 201003573.684.42$155
Jul 201004572.554.74$213
Jun 201004270.364.91$206
May 201005171.124.24$216
Apr 201005381.694.12$219
Mar 201005478.394.39$237
Feb 201003973.585.44$212
Jan 201002274.365.96$131
Dec 20090871.445.48$44
Nov 200902174.593.75$79
Oct 20090172.544.11$4
Sep 20090465.543.06$12
Aug 20090067.423.22$0
Jul 20090161.133.46$3
Jun 20090266.163.90$8
May 200902054.743.93$79
Apr 200902346.773.59$83
Mar 200901042.144.06$41
Feb 20090032.814.63$0
Jan 20090335.865.37$16
Dec 20080737.105.98$42
Nov 20080355.496.86$21
Oct 20080575.246.92$35
Sep 2008012101.767.88$95
Aug 2008025114.228.48$212
Jul 2008028131.0811.39$319
Jun 2008028131.3313.03$365
May 2008035123.1711.57$405
Apr 2008033110.3110.45$345
Mar 2008031101.909.66$300
Feb 200802992.538.77$254
Jan 200813590.388.21$378
Dec 200703488.337.30$248
Nov 200701791.677.29$124
Oct 20070882.856.92$55
Sep 200701375.846.24$81
Aug 200701469.066.39$89
Jul 200701270.906.39$77
Jun 200701662.007.55$121
May 200701958.747.85$149
Apr 200702459.617.81$187
Mar 200703656.927.30$263
Feb 200702755.108.22$222
Jan 200701050.306.73$67
Dec 200601356.656.92$90
Nov 200602354.207.62$175
Oct 200601954.906.01$114
Sep 200601060.085.04$50
Aug 200602068.717.34$147
Jul 200602969.376.34$184
Jun 200603066.286.38$192
May 200603466.016.42$218
Apr 200603564.397.36$258
Mar 200603356.707.08$234
Feb 200603257.597.75$248
Jan 200603260.598.93$286
Dec 200503154.9413.42$416
Nov 200503154.6910.59$328
Oct 200503258.3413.80$441
Sep 200502461.4512.08$290
Aug 200502961.519.80$284
Jul 200504255.697.84$329
Jun 200504552.337.38$332
May 200505745.226.65$379
Apr 200504349.207.36$317
Mar 200505050.377.15$358
Feb 200507045.226.31$442
Jan 20051537143.166.32$7,052
Dec 200406739.866.75$452
Nov 200404145.286.33$260
Oct 200403049.706.52$195
Sep 200405543.245.28$291
Aug 200408142.375.55$450
Jul 200408738.286.08$529
Jun 200408236.106.43$528
May 200407437.486.49$481
Apr 200406934.475.86$404
Mar 200408634.365.53$476
Feb 20041547632.455.51$5,416
Jan 200408032.036.30$504
Dec 200308230.266.30$517
Nov 200304328.804.60$198
Oct 200304328.174.76$205
Sep 200302726.314.75$128
Aug 200304829.765.13$246
Jul 200304529.415.17$233
Jun 200304228.565.98$251
May 200304926.595.97$293
Apr 200302226.675.41$119
Mar 200307031.146.10$427
Feb 200306833.487.93$539
Jan 2003786030.315.58$2,699
Dec 200209126.914.85$442
Nov 200207724.664.14$319
Oct 200202926.464.23$123
Sep 200201527.443.64$55
Aug 200201225.963.16$38
Jul 20020824.583.06$24
Jun 200202923.733.34$97
May 200203224.663.58$115
Apr 200202223.653.51$77
Mar 200207022.003.10$217
Feb 200207318.222.38$173
Jan 200207217.172.38$171
Dec 200104216.932.36$99
Nov 200106618.072.41$159
Oct 200108419.782.53$212
Sep 200105824.262.25$131
Aug 200107824.873.05$238
Jul 2001012723.933.20$406
Jun 200114410524.563.82$3,938
May 2001010925.524.31$470
Apr 2001014524.685.34$774
Mar 2001014524.545.38$780
Feb 2001012127.755.77$698
Jan 2001012227.478.40$1,025
Dec 2000011826.889.12$1,076
Nov 200007032.215.66$396
Oct 200007131.235.15$365
Sep 200009331.875.19$482
Aug 2000011329.644.54$513
Jul 2000014128.534.09$577
Jun 2000015029.304.40$660
May 2000019627.263.68$721
Apr 200014115724.513.12$3,945
Mar 200009928.422.86$283
Feb 2000013727.622.73$374
Jan 2000019825.272.48$491
Dec 1999022524.282.42$545
Nov 1999014423.192.43$350
Oct 1999016620.982.80$465
Sep 1999019421.752.62$508
Aug 1999025819.262.88$742
Jul 1999016617.892.37$394
Jun 1999022715.942.36$536
May 1999034415.792.32$798
Apr 1999036815.102.21$813
Mar 1999027312.471.84$502
Feb 19991612039.981.82$1,976
Jan 1999023510.381.90$446
Dec 199802679.201.77$473
Nov 1998031810.892.19$695
Oct 1998039112.421.97$770
Sep 1998034212.592.08$712
Aug 1998043911.301.91$837
Jul 1998042711.742.24$955
Jun 1998048911.242.24$1,094
May 1998045712.622.21$1,008
Apr 199816336013.042.51$3,027
Mar 1998044912.802.31$1,037
Feb 1998043213.952.30$993
Jan 1998048514.702.15$1,045
Dec 1997049816.322.41$1,201
Nov 1997040618.193.09$1,254
Oct 1997050319.253.15$1,584
Sep 199716254017.742.95$4,470
Aug 1997042017.862.55$1,073
Jul 1997047817.582.25$1,074
Jun 1997047717.242.26$1,077
May 1997051318.972.31$1,184
Apr 1997048517.882.08$1,010
Mar 199715849518.951.94$3,954
Feb 1997046020.492.21$1,015
Jan 1997052723.483.54$1,865
Dec 1996043323.32$0
Nov 1996047421.97$0
Oct 1996038023.31$0
Sep 1996050622.22$0
Aug 1996030220.26$0
Jul 19968361219.55$1,623
Jun 1996052518.73$0
May 1996055319.43$0
Apr 199616453421.51$3,528
Mar 1996057219.38$0
Feb 1996051516.98$0
Jan 1996057717.07$0
Dec 1995058417.19$0
Nov 1995057416.00$0
Oct 19958257015.43$1,265
Sep 1995059416.18$0
Aug 19958055815.92$1,274
Jul 1995018215.24$0
Jun 1995031516.41$0
May 19958234217.56$1,440
Apr 1995044817.73$0
Mar 1995042816.44$0
Feb 1995045216.58$0
Jan 1995045715.92$0
Dec 1994052415.03$0
Nov 19947656015.90$1,208
Oct 1994050215.58$0
Sep 1994057215.29$0
Aug 19948254316.13$1,323
Jul 1994064717.56$0
Jun 19948470717.09$1,436
May 1994067115.88$0
Apr 199413566314.14$1,909
Mar 1994068812.46$0
Feb 1994063212.50$0
Jan 1994070112.66$0
Dec 19936770812.33$826
Nov 19938167514.49$1,174
Oct 1993073515.85$0
Sep 19938572815.03$1,278
Aug 19938677015.66$1,347
Jul 1993072515.46$0
Jun 19938577816.79$1,427
May 1993078217.68$0
Apr 19938066018.05$1,444
Mar 1993164518.14$18
Feb 19937964917.90$1,414
Jan 1993068216.93$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.

Jan 2013 — as filed, then multipliedworked
Oil                   27 bbl  × $ 91.60 =     $2,473
Casinghead gas         0 Mcf  × $  3.42 =         $0

────────────────────────────────────────────────────
Month total                                   $2,473

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/5611 is the state's own key, not one this site invented.