LANGFORD, ET AL

Operated by KEY ENERGY OF COLORADO, INC. (P-5 458560) in the BENT TREE (6350) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 20871District 09Field 07243500NGPA filingOilCasinghead gasSaveExport
Value, all time
$471 k
Jan 1993 – Mar 2012
Value, last 12 filed months
$0
at the published price for each month
Months reported
231
no gaps in the span
Streams
2
oil, casinghead 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 7 leases and 8 wells, and the rule below applies to all of them.

Discovered
1981-02-25
as the register files it
Field class
Oil
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.

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
OilDisposition24,876 bbl$450,798
Casinghead gasProduction15,837 Mcf$19,927
Total$470,725

9,701 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 (2)

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 34.3178, -99.5865. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

34.31783, -99.58651 · 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%
2 of 2 wells
With a plug date
100.0%
2 of 2 wells
Median depth
8,819 ft
2 wells filed one
Completion to plug
22.5 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
2100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
2100.0%
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

Between 8,788 and 8,850 ft, median 8,819 ft, over the 2 wells that filed a depth.

Completions filed
Feb 1981 – Jan 2005
2 of 2 wells
Plug dates filed
May 2011 – Sep 2019
2 of 2 wells

Last completion to plug: a median of 22.5 years across the 2 wells that filed both dates, with the middle half between 18.6 years and 26.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-1973086530258,788 ftJan 2005Sep 2019Yes
42-1973035018,850 ftFeb 1981May 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 (231)

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

231 months

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 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 2006100054.207.62$5,420
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 2005148052.337.38$7,745
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 2002134023.733.34$3,180
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 200218211017.172.38$3,386
Dec 2001212016.932.36$318
Nov 20011808018.072.41$3,445
Oct 200118315519.782.53$4,012
Sep 2001014024.262.25$315
Aug 200117410024.873.05$4,633
Jul 200117514523.933.20$4,651
Jun 200118112024.563.82$4,904
May 200107025.524.31$302
Apr 200118013024.685.34$5,136
Mar 200118211024.545.38$5,058
Feb 20011817027.755.77$5,426
Jan 2001013027.478.40$1,092
Dec 200018215526.889.12$6,306
Nov 20001826532.215.66$6,230
Oct 200018312031.235.15$6,333
Sep 200017915031.875.19$6,483
Aug 200018015529.644.54$6,039
Jul 200017815528.534.09$5,712
Jun 200018529.304.40$403
May 200018013527.263.68$5,404
Apr 200018012524.513.12$4,801
Mar 200018215528.422.86$5,616
Feb 2000014527.622.73$395
Jan 200018415525.272.48$5,034
Dec 199918415524.282.42$4,843
Nov 199936215023.192.43$8,760
Oct 1999315520.982.80$498
Sep 199917715021.752.62$4,243
Aug 1999179019.262.88$3,448
Jul 1999178017.892.37$3,184
Jun 1999179015.942.36$2,853
May 1999185015.792.32$2,921
Apr 1999184015.102.21$2,778
Mar 1999366012.471.84$4,564
Feb 1999309.981.82$30
Jan 1999181010.381.90$1,879
Dec 199818109.201.77$1,665
Nov 1998187010.892.19$2,036
Oct 1998182012.421.97$2,260
Sep 199817927012.592.08$2,816
Aug 199818331011.301.91$2,659
Jul 199818231011.742.24$2,830
Jun 199818030011.242.24$2,694
May 199836231012.622.21$5,252
Apr 1998185013.042.51$2,412
Mar 19983586412.802.31$4,730
Feb 199802713.952.30$62
Jan 19981817714.702.15$2,827
Dec 19970016.322.41$0
Nov 19971782718.193.09$3,321
Oct 19971737519.253.15$3,566
Sep 19971788417.742.95$3,406
Aug 19971798117.862.55$3,404
Jul 199735710417.582.25$6,510
Jun 19971787417.242.26$3,236
May 19971757418.972.31$3,491
Apr 19971755417.882.08$3,241
Mar 19971796718.951.94$3,522
Feb 19971803720.492.21$3,770
Jan 199718110123.483.54$4,607
Dec 19961849023.32$4,291
Nov 19961796021.97$3,933
Oct 199635410423.31$8,252
Sep 19961798022.22$3,977
Aug 19961769420.26$3,566
Jul 199632710419.55$6,393
Jun 199617410118.73$3,259
May 199617210419.43$3,342
Apr 199617810121.51$3,829
Mar 199635410419.38$6,861
Feb 19961769716.98$2,988
Jan 199617510417.07$2,987
Dec 199518210417.19$3,129
Nov 19953619016.00$5,776
Oct 199517936215.43$2,762
Sep 199518028716.18$2,912
Aug 199517810815.92$2,834
Jul 199517843115.24$2,713
Jun 199535410216.41$5,809
May 19951789917.56$3,126
Apr 199517711017.73$3,138
Mar 199535611016.44$5,853
Feb 199518010716.58$2,984
Jan 199517912015.92$2,850
Dec 199435712015.03$5,366
Nov 199418211815.90$2,894
Oct 199418012015.58$2,804
Sep 199435413815.29$5,413
Aug 199434914716.13$5,629
Jul 199417925217.56$3,143
Jun 199418030917.09$3,076
May 199453232115.88$8,448
Apr 199435831414.14$5,062
Mar 199435034012.46$4,361
Feb 199454329212.50$6,788
Jan 199435333412.66$4,469
Dec 199353732012.33$6,621
Nov 199354832614.49$7,941
Oct 199336030515.85$5,706
Sep 199335726715.03$5,366
Aug 199317532815.66$2,741
Jul 199351831615.46$8,008
Jun 199335733816.79$5,994
May 199353328917.68$9,423
Apr 199388834518.05$16,028
Mar 199317548518.14$3,175
Feb 199353630117.90$9,594
Jan 199317810316.93$3,014

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.

Nov 2006 — as filed, then multipliedworked
Oil                  100 bbl  × $ 54.20 =     $5,420
Casinghead gas         0 Mcf  × $  7.62 =         $0

────────────────────────────────────────────────────
Month total                                   $5,420

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/O/20871 is the state's own key, not one this site invented.