EARLEY

Operated by LAKOTA ENERGY, LTD. (P-5 483657) 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 86523District 09Field 10574520NGPA filingGasSaveExport
Value, all time
$45 k
Jan 1993 – Nov 2011
Value, last 12 filed months
$26
at the published price for each month
Months reported
227
no gaps in the span
Streams
1
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 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.

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
GasProduction11,176 Mcf$45,437
Total$45,437

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 33.0908, -97.5400. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.09080, -97.53997 · 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
6,260 ft
1 wells filed one
Completion to plug
31.8 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 6,260 ft.

Completions filed
Feb 1980
1 of 1 wells
Plug dates filed
Nov 2011
1 of 1 wells

Last completion to plug: a median of 31.8 years across the 1 well that filed both dates, with the middle half between 31.8 years and 31.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4973160616,260 ftFeb 1980Nov 2011Yes

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 (227)

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

227 months

Nov 2011095.723.31$0
Oct 2011084.983.65$0
Sep 2011083.623.99$0
Aug 2011083.404.15$0
Jul 2011094.144.52$0
Jun 2011092.904.64$0
May 2011398.134.40$13
Apr 20112105.964.33$9
Mar 2011196.364.06$4
Feb 2011085.644.18$0
Jan 2011086.504.59$0
Dec 2010085.734.35$0
Nov 2010080.843.80$0
Oct 2010078.103.51$0
Sep 2010072.633.98$0
Aug 2010073.684.42$0
Jul 2010072.554.74$0
Jun 2010270.364.91$10
May 20102271.124.24$93
Apr 20104381.694.12$177
Mar 20104378.394.39$189
Feb 20104773.585.44$256
Jan 20103874.365.96$227
Dec 20093871.445.48$208
Nov 20094574.593.75$169
Oct 20094972.544.11$201
Sep 20091365.543.06$40
Aug 20095267.423.22$167
Jul 20095161.133.46$177
Jun 20097966.163.90$308
May 20098454.743.93$330
Apr 20092546.773.59$90
Mar 20099842.144.06$398
Feb 20098232.814.63$380
Jan 20098535.865.37$457
Dec 20085737.105.98$341
Nov 20088655.496.86$590
Oct 200810475.246.92$720
Sep 200872101.767.88$567
Aug 200817114.228.48$144
Jul 200810131.0811.39$114
Jun 200818131.3313.03$235
May 20085123.1711.57$58
Apr 200858110.3110.45$606
Mar 200863101.909.66$609
Feb 20082292.538.77$193
Jan 20085090.388.21$410
Dec 20072788.337.30$197
Nov 20075091.677.29$365
Oct 20076882.856.92$471
Sep 20073675.846.24$225
Aug 20077169.066.39$454
Jul 20077670.906.39$485
Jun 20076762.007.55$506
May 20076258.747.85$486
Apr 20076059.617.81$468
Mar 20072656.927.30$190
Feb 20073255.108.22$263
Jan 20075650.306.73$377
Dec 20068556.656.92$588
Nov 200610854.207.62$823
Oct 200610954.906.01$656
Sep 200610060.085.04$504
Aug 200612268.717.34$895
Jul 2006069.376.34$0
Jun 2006066.286.38$0
May 2006066.016.42$0
Apr 2006064.397.36$0
Mar 2006056.707.08$0
Feb 2006057.597.75$0
Jan 2006060.598.93$0
Dec 2005054.9413.42$0
Nov 2005054.6910.59$0
Oct 2005058.3413.80$0
Sep 2005061.4512.08$0
Aug 2005461.519.80$39
Jul 20052755.697.84$212
Jun 2005552.337.38$37
May 20055245.226.65$346
Apr 200511049.207.36$810
Mar 200512750.377.15$909
Feb 2005345.226.31$19
Jan 20053043.166.32$190
Dec 20048539.866.75$574
Nov 20046845.286.33$430
Oct 20046949.706.52$450
Sep 20047443.245.28$391
Aug 20048442.375.55$466
Jul 20046638.286.08$402
Jun 2004336.106.43$19
May 2004237.486.49$13
Apr 2004034.475.86$0
Mar 2004034.365.53$0
Feb 2004032.455.51$0
Jan 2004032.036.30$0
Dec 20033130.266.30$195
Nov 20033428.804.60$156
Oct 20031328.174.76$62
Sep 20031326.314.75$62
Aug 20032729.765.13$139
Jul 2003929.415.17$47
Jun 2003028.565.98$0
May 20036226.595.97$370
Apr 2003126.675.41$5
Mar 20032731.146.10$165
Feb 2003033.487.93$0
Jan 2003530.315.58$28
Dec 20021726.914.85$83
Nov 20024924.664.14$203
Oct 200210626.464.23$448
Sep 200210627.443.64$385
Aug 200213325.963.16$421
Jul 20022724.583.06$83
Jun 200213923.733.34$464
May 200211824.663.58$423
Apr 2002023.653.51$0
Mar 2002022.003.10$0
Feb 2002018.222.38$0
Jan 2002017.172.38$0
Dec 2001016.932.36$0
Nov 20012018.072.41$48
Oct 20015819.782.53$147
Sep 20012324.262.25$52
Aug 200113224.873.05$403
Jul 20011823.933.20$58
Jun 2001024.563.82$0
May 20011325.524.31$56
Apr 20012924.685.34$155
Mar 20018424.545.38$452
Feb 200110427.755.77$600
Jan 20017327.478.40$613
Dec 200011826.889.12$1,076
Nov 200010232.215.66$577
Oct 200012431.235.15$638
Sep 20008431.875.19$436
Aug 200013829.644.54$627
Jul 20007928.534.09$323
Jun 200012429.304.40$545
May 200013927.263.68$511
Apr 200011124.513.12$346
Mar 200013628.422.86$389
Feb 200016727.622.73$455
Jan 200022325.272.48$553
Dec 199922424.282.42$543
Nov 199918323.192.43$445
Oct 199920920.982.80$586
Sep 19996021.752.62$157
Aug 199924519.262.88$705
Jul 199934817.892.37$826
Jun 199948915.942.36$1,155
May 199975415.792.32$1,750
Apr 19999415.102.21$208
Mar 199911912.471.84$219
Feb 1999959.981.82$173
Jan 199910010.381.90$190
Dec 19981149.201.77$202
Nov 19989210.892.19$201
Oct 199812612.421.97$248
Sep 19989412.592.08$196
Aug 199811611.301.91$221
Jul 199814611.742.24$327
Jun 199817511.242.24$392
May 199841912.622.21$924
Apr 19982113.042.51$53
Mar 199850912.802.31$1,176
Feb 1998013.952.30$0
Jan 1998014.702.15$0
Dec 1997016.322.41$0
Nov 1997018.193.09$0
Oct 1997019.253.15$0
Sep 1997017.742.95$0
Aug 1997017.862.55$0
Jul 1997017.582.25$0
Jun 1997017.242.26$0
May 1997018.972.31$0
Apr 1997017.882.08$0
Mar 1997018.951.94$0
Feb 1997020.492.21$0
Jan 1997023.483.54$0
Dec 1996023.32$0
Nov 1996021.97$0
Oct 1996023.31$0
Sep 1996022.22$0
Aug 1996020.26$0
Jul 1996019.55$0
Jun 1996018.73$0
May 1996019.43$0
Apr 1996021.51$0
Mar 1996019.38$0
Feb 1996016.98$0
Jan 1996017.07$0
Dec 1995017.19$0
Nov 1995016.00$0
Oct 1995015.43$0
Sep 1995016.18$0
Aug 1995015.92$0
Jul 1995015.24$0
Jun 1995016.41$0
May 1995017.56$0
Apr 1995017.73$0
Mar 1995016.44$0
Feb 1995016.58$0
Jan 1995015.92$0
Dec 1994015.03$0
Nov 1994015.90$0
Oct 1994015.58$0
Sep 1994015.29$0
Aug 1994016.13$0
Jul 1994017.56$0
Jun 1994017.09$0
May 1994015.88$0
Apr 1994014.14$0
Mar 1994012.46$0
Feb 1994012.50$0
Jan 1994012.66$0
Dec 1993012.33$0
Nov 1993014.49$0
Oct 1993015.85$0
Sep 1993015.03$0
Aug 1993015.66$0
Jul 1993015.46$0
Jun 1993016.79$0
May 1993017.68$0
Apr 1993018.05$0
Mar 1993018.14$0
Feb 1993017.90$0
Jan 1993016.93$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.

May 2011 — as filed, then multipliedworked
Gas                    3 Mcf  × $  4.40 =        $13

────────────────────────────────────────────────────
Month total                                      $13

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/86523 is the state's own key, not one this site invented.