LEONARDS CORPORATION

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

Operated by DEVON ENERGY PRODUCTION CO, L.P. (P-5 216378) in the BOONSVILLE (BEND CONGL., GAS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 132598District 09Field 105745202 tax incentive programmesCondensateGasSave Export

Value, all time

$1.5 M

Jan 1993 – Aug 2012

Value, last 12 filed months

$26 k

at the published price for each month

Months reported

236

no gaps in the span

Streams

condensate, gas

The BOONSVILLE (BEND CONGL., GAS) 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 3,438 leases and 3,443 wells, and the rule below applies to all of them.

Discovered

1945-05-01

as the register files it

Field class

Oil and gas

the register's own label

Between wells

1,200 ft

minimum

From a lease line

467 ft

minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 1991-06-10.

The Commission's schedule remark for this field reads: “AMOUNT HAD BEEN CALCULATED FOR 5/1/97.”

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.

Programme	Filings	With an approval date	Dated	Docket
High Cost Gas	2	2	1996-02-13 – 2001-12-17	2 dockets
NGPA	2	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	227 bbl	$4,947
Gas	Production	432,616 Mcf	$1,517,655
Total			$1,522,602

93,976 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 33.0541, -97.7767. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.05411, -97.77673 · 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

6,110 ft

1 wells filed one

Completion to plug

22.8 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 6,110 ft.

Completions filed

Oct 1989

1 of 1 wells

Plug dates filed

Aug 2012

1 of 1 wells

Last completion to plug: a median of 22.8 years across the 1 well that filed both dates, with the middle half between 22.8 years and 22.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-49733433	4	6,110 ft	Oct 1989	Aug 2012	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 (236)

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

236 months


Aug 2012	0	362	92.66	2.91	$1,053
Jul 2012	0	946	85.13	3.02	$2,858
Jun 2012	0	621	79.82	2.52	$1,564
May 2012	0	837	91.61	2.49	$2,083
Apr 2012	0	906	101.65	2.00	$1,809
Mar 2012	0	950	105.05	2.22	$2,111
Feb 2012	0	949	101.10	2.57	$2,439
Jan 2012	0	916	98.09	2.73	$2,504
Dec 2011	0	880	96.87	3.24	$2,851
Nov 2011	0	696	95.72	3.31	$2,305
Oct 2011	0	842	84.98	3.65	$3,072
Sep 2011	0	446	83.62	3.99	$1,778
Aug 2011	0	956	83.40	4.15	$3,967
Jul 2011	0	1,102	94.14	4.52	$4,978
Jun 2011	0	931	92.90	4.64	$4,320
May 2011	0	968	98.13	4.40	$4,264
Apr 2011	0	1,032	105.96	4.33	$4,472
Mar 2011	0	1,154	96.36	4.06	$4,682
Feb 2011	0	804	85.64	4.18	$3,361
Jan 2011	0	979	86.50	4.59	$4,492
Dec 2010	0	1,047	85.73	4.35	$4,552
Nov 2010	0	1,078	80.84	3.80	$4,091
Oct 2010	0	974	78.10	3.51	$3,418
Sep 2010	0	950	72.63	3.98	$3,781
Aug 2010	0	857	73.68	4.42	$3,787
Jul 2010	0	880	72.55	4.74	$4,168
Jun 2010	0	965	70.36	4.91	$4,739
May 2010	0	1,135	71.12	4.24	$4,807
Apr 2010	0	1,245	81.69	4.12	$5,133
Mar 2010	0	1,425	78.39	4.39	$6,254
Feb 2010	0	1,830	73.58	5.44	$9,960
Jan 2010	0	1,860	74.36	5.96	$11,093
Dec 2009	0	261	71.44	5.48	$1,431
Nov 2009	0	627	74.59	3.75	$2,352
Oct 2009	0	917	72.54	4.11	$3,769
Sep 2009	0	826	65.54	3.06	$2,531
Aug 2009	0	1,142	67.42	3.22	$3,676
Jul 2009	0	1,128	61.13	3.46	$3,908
Jun 2009	0	1,002	66.16	3.90	$3,903
May 2009	0	1,044	54.74	3.93	$4,098
Apr 2009	0	905	46.77	3.59	$3,247
Mar 2009	0	903	42.14	4.06	$3,665
Feb 2009	0	1,060	32.81	4.63	$4,911
Jan 2009	0	624	35.86	5.37	$3,352
Dec 2008	0	236	37.10	5.98	$1,411
Nov 2008	0	1,095	55.49	6.86	$7,512
Oct 2008	0	884	75.24	6.92	$6,119
Sep 2008	1	584	101.76	7.88	$4,702
Aug 2008	1	670	114.22	8.48	$5,798
Jul 2008	2	1,402	131.08	11.39	$16,230
Jun 2008	6	2,804	131.33	13.03	$37,331
May 2008	0	1,131	123.17	11.57	$13,091
Apr 2008	0	716	110.31	10.45	$7,486
Mar 2008	0	1,061	101.90	9.66	$10,254
Feb 2008	0	842	92.53	8.77	$7,385
Jan 2008	0	905	90.38	8.21	$7,426
Dec 2007	0	1,156	88.33	7.30	$8,441
Nov 2007	0	847	91.67	7.29	$6,176
Oct 2007	0	1,351	82.85	6.92	$9,352
Sep 2007	0	1,215	75.84	6.24	$7,587
Aug 2007	0	953	69.06	6.39	$6,088
Jul 2007	0	1,357	70.90	6.39	$8,668
Jun 2007	0	1,125	62.00	7.55	$8,492
May 2007	0	1,069	58.74	7.85	$8,388
Apr 2007	0	1,050	59.61	7.81	$8,195
Mar 2007	0	1,036	56.92	7.30	$7,565
Feb 2007	0	1,150	55.10	8.22	$9,448
Jan 2007	0	1,017	50.30	6.73	$6,841
Dec 2006	0	1,037	56.65	6.92	$7,174
Nov 2006	0	947	54.20	7.62	$7,214
Oct 2006	0	1,008	54.90	6.01	$6,062
Sep 2006	0	1,102	60.08	5.04	$5,551
Aug 2006	0	1,058	68.71	7.34	$7,766
Jul 2006	0	1,306	69.37	6.34	$8,284
Jun 2006	0	1,104	66.28	6.38	$7,048
May 2006	0	1,270	66.01	6.42	$8,160
Apr 2006	0	876	64.39	7.36	$6,448
Mar 2006	0	1,562	56.70	7.08	$11,064
Feb 2006	0	1,358	57.59	7.75	$10,526
Jan 2006	0	1,494	60.59	8.93	$13,346
Dec 2005	0	1,393	54.94	13.42	$18,688
Nov 2005	0	1,535	54.69	10.59	$16,253
Oct 2005	0	1,916	58.34	13.80	$26,433
Sep 2005	0	1,175	61.45	12.08	$14,193
Aug 2005	0	1,751	61.51	9.80	$17,154
Jul 2005	0	1,860	55.69	7.84	$14,589
Jun 2005	0	1,807	52.33	7.38	$13,338
May 2005	0	1,939	45.22	6.65	$12,897
Apr 2005	0	2,123	49.20	7.36	$15,626
Mar 2005	0	1,952	50.37	7.15	$13,966
Feb 2005	0	755	45.22	6.31	$4,766
Jan 2005	0	1,472	43.16	6.32	$9,306
Dec 2004	0	1,595	39.86	6.75	$10,768
Nov 2004	0	1,518	45.28	6.33	$9,610
Oct 2004	0	1,693	49.70	6.52	$11,030
Sep 2004	0	1,643	43.24	5.28	$8,681
Aug 2004	0	1,931	42.37	5.55	$10,718
Jul 2004	0	1,505	38.28	6.08	$9,157
Jun 2004	0	1,298	36.10	6.43	$8,350
May 2004	0	1,469	37.48	6.49	$9,541
Apr 2004	0	1,371	34.47	5.86	$8,032
Mar 2004	0	1,656	34.36	5.53	$9,158
Feb 2004	0	1,723	32.45	5.51	$9,493
Jan 2004	0	1,912	32.03	6.30	$12,045
Dec 2003	0	1,960	30.26	6.30	$12,351
Nov 2003	0	1,634	28.80	4.60	$7,508
Oct 2003	0	1,272	28.17	4.76	$6,054
Sep 2003	0	1,846	26.31	4.75	$8,767
Aug 2003	0	1,968	29.76	5.13	$10,095
Jul 2003	0	1,916	29.41	5.17	$9,907
Jun 2003	0	1,931	28.56	5.98	$11,553
May 2003	0	1,995	26.59	5.97	$11,916
Apr 2003	0	2,391	26.67	5.41	$12,929
Mar 2003	0	2,242	31.14	6.10	$13,667
Feb 2003	0	1,943	33.48	7.93	$15,400
Jan 2003	0	2,084	30.31	5.58	$11,633
Dec 2002	0	1,995	26.91	4.85	$9,683
Nov 2002	0	2,043	24.66	4.14	$8,452
Oct 2002	0	2,286	26.46	4.23	$9,668
Sep 2002	13	1,693	27.44	3.64	$6,511
Aug 2002	0	1,322	25.96	3.16	$4,183
Jul 2002	0	2,172	24.58	3.06	$6,650
Jun 2002	0	2,139	23.73	3.34	$7,141
May 2002	0	2,205	24.66	3.58	$7,903
Apr 2002	0	2,056	23.65	3.51	$7,221
Mar 2002	0	2,112	22.00	3.10	$6,553
Feb 2002	0	2,025	18.22	2.38	$4,811
Jan 2002	0	2,191	17.17	2.38	$5,205
Dec 2001	0	2,172	16.93	2.36	$5,135
Nov 2001	0	2,262	18.07	2.41	$5,441
Oct 2001	0	2,228	19.78	2.53	$5,634
Sep 2001	0	2,504	24.26	2.25	$5,637
Aug 2001	8	562	24.87	3.05	$1,915
Jul 2001	0	2,050	23.93	3.20	$6,554
Jun 2001	0	2,268	24.56	3.82	$8,673
May 2001	0	2,491	25.52	4.31	$10,730
Apr 2001	0	2,274	24.68	5.34	$12,133
Mar 2001	0	2,294	24.54	5.38	$12,334
Feb 2001	3	2,447	27.75	5.77	$14,195
Jan 2001	0	2,774	27.47	8.40	$23,298
Dec 2000	2	2,712	26.88	9.12	$24,794
Nov 2000	0	2,135	32.21	5.66	$12,080
Oct 2000	5	2,515	31.23	5.15	$13,097
Sep 2000	4	3,804	31.87	5.19	$19,857
Aug 2000	0	4,241	29.64	4.54	$19,257
Jul 2000	0	4,279	28.53	4.09	$17,500
Jun 2000	5	3,710	29.30	4.40	$16,460
May 2000	0	2,755	27.26	3.68	$10,138
Apr 2000	0	2,376	24.51	3.12	$7,404
Mar 2000	0	2,455	28.42	2.86	$7,021
Feb 2000	0	2,407	27.62	2.73	$6,563
Jan 2000	2	2,654	25.27	2.48	$6,634
Dec 1999	0	2,008	24.28	2.42	$4,867
Nov 1999	0	2,378	23.19	2.43	$5,788
Oct 1999	0	2,802	20.98	2.80	$7,856
Sep 1999	0	2,980	21.75	2.62	$7,804
Aug 1999	0	3,270	19.26	2.88	$9,403
Jul 1999	0	4,210	17.89	2.37	$9,988
Jun 1999	0	4,084	15.94	2.36	$9,647
May 1999	0	4,382	15.79	2.32	$10,171
Apr 1999	73	4,314	15.10	2.21	$10,628
Mar 1999	6	4,341	12.47	1.84	$8,055
Feb 1999	0	3,052	9.98	1.82	$5,548
Jan 1999	0	4,427	10.38	1.90	$8,411
Dec 1998	0	2,960	9.20	1.77	$5,249
Nov 1998	6	4,016	10.89	2.19	$8,843
Oct 1998	8	3,493	12.42	1.97	$6,978
Sep 1998	0	2,342	12.59	2.08	$4,878
Aug 1998	0	2,633	11.30	1.91	$5,022
Jul 1998	0	2,831	11.74	2.24	$6,334
Jun 1998	0	2,752	11.24	2.24	$6,157
May 1998	0	2,634	12.62	2.21	$5,812
Apr 1998	0	2,540	13.04	2.51	$6,364
Mar 1998	0	2,541	12.80	2.31	$5,868
Feb 1998	0	2,290	13.95	2.30	$5,265
Jan 1998	0	2,700	14.70	2.15	$5,818
Dec 1997	0	2,623	16.32	2.41	$6,324
Nov 1997	0	2,682	18.19	3.09	$8,283
Oct 1997	0	2,895	19.25	3.15	$9,119
Sep 1997	0	2,714	17.74	2.95	$8,020
Aug 1997	0	2,962	17.86	2.55	$7,567
Jul 1997	0	2,766	17.58	2.25	$6,215
Jun 1997	0	2,676	17.24	2.26	$6,040
May 1997	0	2,925	18.97	2.31	$6,752
Apr 1997	0	2,445	17.88	2.08	$5,092
Mar 1997	0	2,765	18.95	1.94	$5,362
Feb 1997	0	2,192	20.49	2.21	$4,835
Jan 1997	0	2,493	23.48	3.54	$8,824
Dec 1996	0	2,580	23.32	—	$0
Nov 1996	0	2,471	21.97	—	$0
Oct 1996	0	2,999	23.31	—	$0
Sep 1996	0	2,937	22.22	—	$0
Aug 1996	0	3,233	20.26	—	$0
Jul 1996	0	3,655	19.55	—	$0
Jun 1996	0	2,978	18.73	—	$0
May 1996	0	4,807	19.43	—	$0
Apr 1996	0	4,200	21.51	—	$0
Mar 1996	0	4,118	19.38	—	$0
Feb 1996	0	4,160	16.98	—	$0
Jan 1996	0	5,705	17.07	—	$0
Dec 1995	0	5,871	17.19	—	$0
Nov 1995	0	5,766	16.00	—	$0
Oct 1995	0	130	15.43	—	$0
Sep 1995	0	323	16.18	—	$0
Aug 1995	0	344	15.92	—	$0
Jul 1995	0	186	15.24	—	$0
Jun 1995	0	266	16.41	—	$0
May 1995	13	301	17.56	—	$228
Apr 1995	0	435	17.73	—	$0
Mar 1995	0	373	16.44	—	$0
Feb 1995	0	294	16.58	—	$0
Jan 1995	0	287	15.92	—	$0
Dec 1994	0	423	15.03	—	$0
Nov 1994	0	336	15.90	—	$0
Oct 1994	0	362	15.58	—	$0
Sep 1994	0	328	15.29	—	$0
Aug 1994	0	400	16.13	—	$0
Jul 1994	0	299	17.56	—	$0
Jun 1994	0	322	17.09	—	$0
May 1994	0	371	15.88	—	$0
Apr 1994	0	336	14.14	—	$0
Mar 1994	0	440	12.46	—	$0
Feb 1994	0	310	12.50	—	$0
Jan 1994	54	2,251	12.66	—	$684
Dec 1993	0	2,552	12.33	—	$0
Nov 1993	0	1,626	14.49	—	$0
Oct 1993	0	3,091	15.85	—	$0
Sep 1993	0	2,580	15.03	—	$0
Aug 1993	0	1,812	15.66	—	$0
Jul 1993	0	2,934	15.46	—	$0
Jun 1993	0	2,668	16.79	—	$0
May 1993	0	2,701	17.68	—	$0
Apr 1993	0	3,012	18.05	—	$0
Mar 1993	0	2,806	18.14	—	$0
Feb 1993	0	2,719	17.90	—	$0
Jan 1993	15	878	16.93	—	$254

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.

Aug 2012 — as filed, then multipliedworked

Condensate             0 bbl  × $ 92.66 =         $0
Gas                  362 Mcf  × $  2.91 =     $1,053

────────────────────────────────────────────────────
Month total                                   $1,053

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/132598 is the state's own key, not one this site invented.