LOWRIE

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

Operated by CHOLLA PETROLEUM, INC. (P-5 150683) in the BUFTON (5350 CONGL.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 111860District 09Field 13157500NGPA filingCondensateGasSave Export

Value, all time

$156 k

Jan 1993 – Feb 2008

Value, last 12 filed months

$2 k

at the published price for each month

Months reported

182

no gaps in the span

Streams

condensate, gas

The BUFTON (5350 CONGL.) 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 3 leases and 3 wells, and the rule below applies to all of them.

Discovered

1981-11-01

as the register files it

Field class

Gas

the register's own label

Between wells

—

no field rule filed

From a lease line

—

no field rule filed

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	1	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
Condensate	Disposition	1,224 bbl	$21,778
Gas	Production	202,148 Mcf	$133,817
Total			$155,594

153,372 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 33.1400, -97.9499. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.13998, -97.94991 · 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%

1 of 1 wells

With a plug date

100.0%

1 of 1 wells

Median depth

5,700 ft

1 wells filed one

Completion to plug

19.5 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 5,700 ft.

Completions filed

May 1984

1 of 1 wells

Plug dates filed

Nov 2003

1 of 1 wells

Last completion to plug: a median of 19.5 years across the 1 well that filed both dates, with the middle half between 19.5 years and 19.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-23735854	1 A	5,700 ft	May 1984	Nov 2003	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 (182)

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

182 months


Feb 2008	0	0	92.53	8.77	$0
Jan 2008	0	0	90.38	8.21	$0
Dec 2007	21	0	88.33	7.30	$1,855
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	0	0	62.00	7.55	$0
May 2007	0	0	58.74	7.85	$0
Apr 2007	0	0	59.61	7.81	$0
Mar 2007	0	0	56.92	7.30	$0
Feb 2007	0	0	55.10	8.22	$0
Jan 2007	0	0	50.30	6.73	$0
Dec 2006	0	0	56.65	6.92	$0
Nov 2006	0	0	54.20	7.62	$0
Oct 2006	0	0	54.90	6.01	$0
Sep 2006	0	0	60.08	5.04	$0
Aug 2006	0	0	68.71	7.34	$0
Jul 2006	0	0	69.37	6.34	$0
Jun 2006	0	0	66.28	6.38	$0
May 2006	0	0	66.01	6.42	$0
Apr 2006	0	0	64.39	7.36	$0
Mar 2006	0	0	56.70	7.08	$0
Feb 2006	0	0	57.59	7.75	$0
Jan 2006	0	0	60.59	8.93	$0
Dec 2005	0	0	54.94	13.42	$0
Nov 2005	0	0	54.69	10.59	$0
Oct 2005	0	0	58.34	13.80	$0
Sep 2005	0	0	61.45	12.08	$0
Aug 2005	0	0	61.51	9.80	$0
Jul 2005	0	0	55.69	7.84	$0
Jun 2005	0	0	52.33	7.38	$0
May 2005	0	0	45.22	6.65	$0
Apr 2005	0	0	49.20	7.36	$0
Mar 2005	0	0	50.37	7.15	$0
Feb 2005	0	0	45.22	6.31	$0
Jan 2005	0	0	43.16	6.32	$0
Dec 2004	0	0	39.86	6.75	$0
Nov 2004	0	0	45.28	6.33	$0
Oct 2004	0	0	49.70	6.52	$0
Sep 2004	0	0	43.24	5.28	$0
Aug 2004	0	0	42.37	5.55	$0
Jul 2004	0	0	38.28	6.08	$0
Jun 2004	0	0	36.10	6.43	$0
May 2004	0	0	37.48	6.49	$0
Apr 2004	0	0	34.47	5.86	$0
Mar 2004	0	0	34.36	5.53	$0
Feb 2004	0	0	32.45	5.51	$0
Jan 2004	0	0	32.03	6.30	$0
Dec 2003	0	0	30.26	6.30	$0
Nov 2003	0	0	28.80	4.60	$0
Oct 2003	0	132	28.17	4.76	$628
Sep 2003	0	143	26.31	4.75	$679
Aug 2003	13	147	29.76	5.13	$1,141
Jul 2003	0	153	29.41	5.17	$791
Jun 2003	0	171	28.56	5.98	$1,023
May 2003	0	164	26.59	5.97	$980
Apr 2003	0	117	26.67	5.41	$633
Mar 2003	0	155	31.14	6.10	$945
Feb 2003	9	155	33.48	7.93	$1,530
Jan 2003	0	184	30.31	5.58	$1,027
Dec 2002	0	127	26.91	4.85	$616
Nov 2002	0	122	24.66	4.14	$505
Oct 2002	0	168	26.46	4.23	$710
Sep 2002	0	156	27.44	3.64	$567
Aug 2002	0	163	25.96	3.16	$516
Jul 2002	10	178	24.58	3.06	$791
Jun 2002	0	174	23.73	3.34	$581
May 2002	0	191	24.66	3.58	$685
Apr 2002	0	171	23.65	3.51	$601
Mar 2002	0	170	22.00	3.10	$527
Feb 2002	0	166	18.22	2.38	$394
Jan 2002	0	176	17.17	2.38	$418
Dec 2001	12	232	16.93	2.36	$752
Nov 2001	0	143	18.07	2.41	$344
Oct 2001	0	215	19.78	2.53	$544
Sep 2001	0	249	24.26	2.25	$561
Aug 2001	0	305	24.87	3.05	$931
Jul 2001	0	286	23.93	3.20	$914
Jun 2001	0	217	24.56	3.82	$830
May 2001	0	227	25.52	4.31	$978
Apr 2001	0	263	24.68	5.34	$1,403
Mar 2001	0	265	24.54	5.38	$1,425
Feb 2001	0	271	27.75	5.77	$1,563
Jan 2001	7	239	27.47	8.40	$2,200
Dec 2000	0	235	26.88	9.12	$2,144
Nov 2000	0	232	32.21	5.66	$1,313
Oct 2000	0	302	31.23	5.15	$1,554
Sep 2000	10	281	31.87	5.19	$1,776
Aug 2000	0	279	29.64	4.54	$1,267
Jul 2000	0	296	28.53	4.09	$1,211
Jun 2000	0	255	29.30	4.40	$1,121
May 2000	9	259	27.26	3.68	$1,198
Apr 2000	0	253	24.51	3.12	$788
Mar 2000	11	317	28.42	2.86	$1,219
Feb 2000	0	263	27.62	2.73	$717
Jan 2000	0	312	25.27	2.48	$774
Dec 1999	11	303	24.28	2.42	$1,001
Nov 1999	0	256	23.19	2.43	$623
Oct 1999	11	309	20.98	2.80	$1,097
Sep 1999	0	319	21.75	2.62	$835
Aug 1999	0	704	19.26	2.88	$2,024
Jul 1999	10	934	17.89	2.37	$2,395
Jun 1999	0	936	15.94	2.36	$2,211
May 1999	10	995	15.79	2.32	$2,467
Apr 1999	11	885	15.10	2.21	$2,120
Mar 1999	0	972	12.47	1.84	$1,787
Feb 1999	11	752	9.98	1.82	$1,477
Jan 1999	11	808	10.38	1.90	$1,649
Dec 1998	0	888	9.20	1.77	$1,575
Nov 1998	10	930	10.89	2.19	$2,142
Oct 1998	11	1,123	12.42	1.97	$2,348
Sep 1998	0	1,077	12.59	2.08	$2,243
Aug 1998	11	1,238	11.30	1.91	$2,486
Jul 1998	0	1,007	11.74	2.24	$2,253
Jun 1998	0	878	11.24	2.24	$1,964
May 1998	11	1,203	12.62	2.21	$2,793
Apr 1998	0	1,013	13.04	2.51	$2,538
Mar 1998	11	1,320	12.80	2.31	$3,189
Feb 1998	11	1,085	13.95	2.30	$2,648
Jan 1998	10	1,047	14.70	2.15	$2,403
Dec 1997	11	1,173	16.32	2.41	$3,008
Nov 1997	11	1,415	18.19	3.09	$4,570
Oct 1997	11	1,487	19.25	3.15	$4,896
Sep 1997	21	1,578	17.74	2.95	$5,035
Aug 1997	10	1,748	17.86	2.55	$4,644
Jul 1997	21	1,798	17.58	2.25	$4,409
Jun 1997	10	1,687	17.24	2.26	$3,980
May 1997	20	1,752	18.97	2.31	$4,424
Apr 1997	20	1,648	17.88	2.08	$3,790
Mar 1997	10	1,453	18.95	1.94	$3,007
Feb 1997	20	1,086	20.49	2.21	$2,805
Jan 1997	61	1,290	23.48	3.54	$5,998
Dec 1996	24	1,426	23.32	—	$560
Nov 1996	35	1,365	21.97	—	$769
Oct 1996	0	841	23.31	—	$0
Sep 1996	0	945	22.22	—	$0
Aug 1996	38	1,086	20.26	—	$770
Jul 1996	0	1,089	19.55	—	$0
Jun 1996	0	848	18.73	—	$0
May 1996	0	959	19.43	—	$0
Apr 1996	0	853	21.51	—	$0
Mar 1996	0	872	19.38	—	$0
Feb 1996	39	893	16.98	—	$662
Jan 1996	0	1,085	17.07	—	$0
Dec 1995	0	1,144	17.19	—	$0
Nov 1995	39	1,149	16.00	—	$624
Oct 1995	0	1,317	15.43	—	$0
Sep 1995	0	1,409	16.18	—	$0
Aug 1995	0	1,410	15.92	—	$0
Jul 1995	38	1,228	15.24	—	$579
Jun 1995	0	1,587	16.41	—	$0
May 1995	0	1,571	17.56	—	$0
Apr 1995	0	1,640	17.73	—	$0
Mar 1995	0	1,515	16.44	—	$0
Feb 1995	0	1,525	16.58	—	$0
Jan 1995	0	2,002	15.92	—	$0
Dec 1994	42	2,093	15.03	—	$631
Nov 1994	0	1,906	15.90	—	$0
Oct 1994	0	2,169	15.58	—	$0
Sep 1994	0	2,388	15.29	—	$0
Aug 1994	39	2,653	16.13	—	$629
Jul 1994	0	2,862	17.56	—	$0
Jun 1994	0	2,340	17.09	—	$0
May 1994	65	2,715	15.88	—	$1,032
Apr 1994	0	2,431	14.14	—	$0
Mar 1994	68	3,637	12.46	—	$847
Feb 1994	0	3,456	12.50	—	$0
Jan 1994	159	4,412	12.66	—	$2,013
Dec 1993	160	8,062	12.33	—	$1,973
Nov 1993	0	11,364	14.49	—	$0
Oct 1993	0	6,466	15.85	—	$0
Sep 1993	0	8,349	15.03	—	$0
Aug 1993	0	8,499	15.66	—	$0
Jul 1993	0	8,559	15.46	—	$0
Jun 1993	0	8,700	16.79	—	$0
May 1993	0	8,293	17.68	—	$0
Apr 1993	0	6,479	18.05	—	$0
Mar 1993	0	5,259	18.14	—	$0
Feb 1993	0	5,374	17.90	—	$0
Jan 1993	0	5,147	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.

Dec 2007 — as filed, then multipliedworked

Condensate            21 bbl  × $ 88.33 =     $1,855
Gas                    0 Mcf  × $  7.30 =         $0

────────────────────────────────────────────────────
Month total                                   $1,855

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. 09/G/111860 is the state's own key, not one this site invented.