LOWRANCE, GENE

Operated by MCCUTCHIN PETROLEUM CORPORATION (P-5 544550) in the CHICO, WEST (CADDO CONGL. UPPER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 284194District 09Field 17634264CondensateGasSaveExport
Value, all time
$49 k
Feb 2018 – Mar 2022
Value, last 12 filed months
$4 k
at the published price for each month
Months reported
50
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 52 leases and 109 wells, and the rule below applies to all of them.

Discovered
1948-07-28
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: FIELD RETURNED TO ALLOCATION FORMULA EFFECTIVE 08/01/83

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
CondensateDisposition35 bbl$2,496
GasProduction17,370 Mcf$46,759
Total$49,255

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 33.3354, -97.8905. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.33536, -97.89046 · 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
6,860 ft
1 wells filed one
Completion to plug
17.9 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 6,860 ft.

Completions filed
Nov 2003
1 of 1 wells
Plug dates filed
Oct 2021
1 of 1 wells

Last completion to plug: a median of 17.9 years across the 1 well that filed both dates, with the middle half between 17.9 years and 17.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4973533956,860 ftNov 2003Oct 2021Yes

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 (50)

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

50 months

Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 202135071.323.90$2,496
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 202105069.493.38$169
May 2021016663.483.02$501
Apr 2021036160.362.76$996
Mar 2021029461.302.72$799
Feb 2021017657.805.55$976
Jan 2021058550.412.81$1,644
Dec 2020044044.642.68$1,177
Nov 2020030338.772.71$820
Oct 2020014336.972.48$354
Sep 2020012137.091.99$241
Aug 2020028639.982.39$682
Jul 2020037738.371.83$688
Jun 2020089134.901.69$1,506
May 2020093016.921.81$1,688
Apr 2020020914.751.80$377
Mar 2020028330.341.86$525
Feb 2020030649.881.98$606
Jan 2020043957.252.09$920
Dec 2019045859.012.30$1,055
Nov 2019044055.302.75$1,210
Oct 2019045853.472.42$1,108
Sep 2019047955.052.66$1,273
Aug 2019048053.112.30$1,106
Jul 2019048456.272.46$1,191
Jun 2019044852.782.49$1,116
May 2019048658.482.74$1,332
Apr 2019040462.632.75$1,111
Mar 2019034256.803.06$1,047
Feb 2019046150.852.79$1,287
Jan 2019042746.033.23$1,378
Dec 2018043046.594.19$1,800
Nov 2018042452.934.24$1,797
Oct 2018043561.443.40$1,478
Sep 2018048559.543.11$1,507
Aug 2018056259.403.07$1,723
Jul 2018055765.142.93$1,633
Jun 2018053360.183.08$1,640
May 2018057665.382.90$1,671
Apr 2018055663.842.90$1,613
Mar 2018051761.222.79$1,441
Feb 2018056861.782.77$1,571

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 2021 — as filed, then multipliedworked
Condensate            35 bbl  × $ 71.32 =     $2,496
Gas                    0 Mcf  × $  3.90 =         $0

────────────────────────────────────────────────────
Month total                                   $2,496

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/284194 is the state's own key, not one this site invented.