LOCHHEAD, JAMES

Operated by BURLINGTON RESOURCES O & G CO LP (P-5 109333) in the NEWARK, EAST (BARNETT SHALE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 193744District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$549 k
Dec 2002 – Aug 2013
Value, last 12 filed months
$0
at the published price for each month
Months reported
129
no gaps in the span
Streams
2
condensate, 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 21,881 leases and 22,468 wells, and the rule below applies to all of them.

Discovered
1981-10-15
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2009-09-29.

The Commission's schedule remark for this field reads: DESIGNATED AS UFT FIELD PER DOCKET 01-0299858

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
High Cost Gas112004-02-26152429
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
CondensateDisposition2,840 bbl$101,932
GasProduction70,614 Mcf$447,292
Total$549,225

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 33.3143, -97.3298. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.31433, -97.32981 · 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
8,850 ft
1 wells filed one
Completion to plug
10.5 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 8,850 ft.

Completions filed
Feb 2003
1 of 1 wells
Plug dates filed
Aug 2013
1 of 1 wells

Last completion to plug: a median of 10.5 years across the 1 well that filed both dates, with the middle half between 10.5 years and 10.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-1213171518,850 ftFeb 2003Aug 2013Yes

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 (129)

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

129 months

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 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
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 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100781.694.12$29
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 200904571.445.48$247
Nov 200905874.593.75$218
Oct 20091184272.544.11$8,732
Sep 200904765.543.06$144
Aug 200902467.423.22$77
Jul 20090861.133.46$28
Jun 200903466.163.90$132
May 200902954.743.93$114
Apr 20090646.773.59$22
Mar 200906442.144.06$260
Feb 20090032.814.63$0
Jan 200902535.865.37$134
Dec 20080037.105.98$0
Nov 200802155.496.86$144
Oct 200801175.246.92$76
Sep 20080121101.767.88$953
Aug 20080195114.228.48$1,654
Jul 20080147131.0811.39$1,674
Jun 20080145131.3313.03$1,890
May 20080130123.1711.57$1,505
Apr 20080138110.3110.45$1,443
Mar 20080176101.909.66$1,701
Feb 2008018792.538.77$1,640
Jan 2008216790.388.21$1,551
Dec 2007024088.337.30$1,752
Nov 2007016291.677.29$1,181
Oct 2007016482.856.92$1,135
Sep 2007016675.846.24$1,037
Aug 2007019669.066.39$1,252
Jul 2007020970.906.39$1,335
Jun 2007021462.007.55$1,615
May 2007025658.747.85$2,009
Apr 2007023659.617.81$1,842
Mar 2007128656.927.30$2,145
Feb 2007024855.108.22$2,038
Jan 2007028850.306.73$1,937
Dec 2006040756.656.92$2,816
Nov 200617632554.207.62$12,015
Oct 2006025754.906.01$1,546
Sep 2006026560.085.04$1,335
Aug 2006031868.717.34$2,334
Jul 2006030569.376.34$1,935
Jun 2006032666.286.38$2,081
May 2006035866.016.42$2,300
Apr 2006032464.397.36$2,385
Mar 2006037256.707.08$2,635
Feb 2006036357.597.75$2,814
Jan 2006042960.598.93$3,832
Dec 2005044254.9413.42$5,930
Nov 2005030054.6910.59$3,177
Oct 2005029558.3413.80$4,070
Sep 2005029061.4512.08$3,503
Aug 2005034861.519.80$3,409
Jul 200518637655.697.84$13,308
Jun 2005045052.337.38$3,321
May 2005052445.226.65$3,485
Apr 2005048249.207.36$3,548
Mar 2005051250.377.15$3,663
Feb 2005084845.226.31$5,353
Jan 2005051343.166.32$3,243
Dec 200401,00139.866.75$6,758
Nov 2004077445.286.33$4,900
Oct 2004192149.706.52$6,050
Sep 20041781,04643.245.28$13,224
Aug 200401,11742.375.55$6,200
Jul 2004090738.286.08$5,518
Jun 200401,13236.106.43$7,282
May 200411,34137.486.49$8,747
Apr 200401,43434.475.86$8,401
Mar 200411,76934.365.53$9,817
Feb 200402,01132.455.51$11,080
Jan 200412,06832.036.30$13,060
Dec 20031912,37730.266.30$20,759
Nov 200322,48628.804.60$11,481
Oct 200312,65128.174.76$12,646
Sep 200312,88626.314.75$13,733
Aug 20031873,49429.765.13$23,488
Jul 20031604,29529.415.17$26,914
Jun 20031843,07528.565.98$23,653
May 20031723,19026.595.97$23,626
Apr 20033682,99026.675.41$25,982
Mar 20033645,55531.146.10$45,198
Feb 20035458,17333.487.93$83,025
Jan 20030030.315.58$0
Dec 20020026.914.85$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.

Apr 2010 — as filed, then multipliedworked
Condensate             0 bbl  × $ 81.69 =         $0
Gas                    7 Mcf  × $  4.12 =        $29

────────────────────────────────────────────────────
Month total                                      $29

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/193744 is the state's own key, not one this site invented.