LOWRANCE, GENE

Name: LOWRANCE, GENE lease production and value, Dec 1998 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

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.

Oil lease lease 29594District 09Field 17634264OilCasinghead gasSave Export

Value, all time

$2.0 M

Dec 1998 – Jul 2018

Value, last 12 filed months

at the published price for each month

Months reported

236

no gaps in the span

Streams

oil, casinghead gas

The CHICO, WEST (CADDO CONGL. UPPER) 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 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.

Stream	Basis	Volume	Value
Oil	Disposition	20,183 bbl	$538,587
Casinghead gas	Production	302,846 Mcf	$1,452,358
Total			$1,990,945

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 33.3283, -97.8907. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.32827, -97.89074 · 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

5,750 ft

1 wells filed one

Completion to plug

18.5 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 5,750 ft.

Completions filed

Dec 1998

1 of 1 wells

Plug dates filed

Jun 2017

1 of 1 wells

Last completion to plug: a median of 18.5 years across the 1 well that filed both dates, with the middle half between 18.5 years and 18.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-49734307	1	5,750 ft	Dec 1998	Jun 2017	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


Jul 2018	0	0	65.14	2.93	$0
Jun 2018	0	0	60.18	3.08	$0
May 2018	0	0	65.38	2.90	$0
Apr 2018	0	0	63.84	2.90	$0
Mar 2018	0	0	61.22	2.79	$0
Feb 2018	0	0	61.78	2.77	$0
Jan 2018	0	0	62.87	4.01	$0
Dec 2017	0	0	57.27	2.92	$0
Nov 2017	0	0	55.42	3.12	$0
Oct 2017	0	0	49.29	2.98	$0
Sep 2017	0	0	47.52	3.09	$0
Aug 2017	0	0	45.37	3.00	$0
Jul 2017	0	0	43.87	3.09	$0
Jun 2017	57	0	42.49	3.09	$2,422
May 2017	0	0	45.37	3.26	$0
Apr 2017	0	0	47.93	3.21	$0
Mar 2017	0	0	46.77	2.98	$0
Feb 2017	0	0	50.45	2.95	$0
Jan 2017	0	0	49.41	3.42	$0
Dec 2016	0	0	48.76	3.72	$0
Nov 2016	0	166	42.49	2.64	$439
Oct 2016	0	122	46.19	3.09	$377
Sep 2016	0	401	41.55	3.10	$1,243
Aug 2016	43	385	41.44	2.92	$2,908
Jul 2016	0	362	41.62	2.92	$1,059
Jun 2016	0	361	45.35	2.69	$970
May 2016	0	397	42.52	1.99	$790
Apr 2016	0	377	36.56	1.99	$751
Mar 2016	0	389	33.01	1.79	$698
Feb 2016	0	373	26.47	2.06	$770
Jan 2016	0	371	27.35	2.36	$877
Dec 2015	0	412	32.36	2.00	$825
Nov 2015	0	410	38.79	2.17	$889
Oct 2015	0	205	43.55	2.43	$497
Sep 2015	0	199	42.99	2.76	$549
Aug 2015	0	473	40.16	2.87	$1,359
Jul 2015	0	216	48.15	2.95	$636
Jun 2015	0	197	56.15	2.88	$568
May 2015	0	219	55.21	2.96	$647
Apr 2015	163	213	49.82	2.71	$8,697
Mar 2015	0	448	42.89	2.93	$1,315
Feb 2015	0	418	44.66	2.98	$1,244
Jan 2015	0	457	43.43	3.10	$1,417
Dec 2014	0	484	54.69	3.59	$1,738
Nov 2014	0	476	70.46	4.25	$2,024
Oct 2014	0	428	78.30	3.90	$1,670
Sep 2014	0	473	86.16	4.05	$1,913
Aug 2014	0	513	89.39	4.04	$2,070
Jul 2014	0	488	96.56	4.18	$2,040
Jun 2014	0	494	98.16	4.74	$2,340
May 2014	0	500	94.73	4.73	$2,363
Apr 2014	0	451	95.94	4.81	$2,169
Mar 2014	0	421	95.89	5.06	$2,129
Feb 2014	0	410	97.40	6.19	$2,539
Jan 2014	0	487	90.40	4.86	$2,367
Dec 2013	42	505	91.82	4.35	$6,055
Nov 2013	0	487	88.85	3.74	$1,821
Oct 2013	0	539	97.42	3.78	$2,037
Sep 2013	0	539	104.11	3.72	$2,004
Aug 2013	0	571	104.25	3.52	$2,011
Jul 2013	161	527	102.52	3.72	$18,465
Jun 2013	0	546	94.40	3.93	$2,148
May 2013	0	542	94.83	4.15	$2,249
Apr 2013	0	549	93.96	4.28	$2,351
Mar 2013	0	555	93.62	3.91	$2,172
Feb 2013	0	517	91.23	3.42	$1,768
Jan 2013	0	540	91.60	3.42	$1,847
Dec 2012	0	566	86.77	3.42	$1,936
Nov 2012	0	519	86.95	3.62	$1,881
Oct 2012	0	551	89.38	3.40	$1,873
Sep 2012	0	577	94.67	2.92	$1,684
Aug 2012	0	568	92.66	2.91	$1,652
Jul 2012	0	568	85.13	3.02	$1,716
Jun 2012	0	565	79.82	2.52	$1,423
May 2012	0	599	91.61	2.49	$1,491
Apr 2012	0	580	101.65	2.00	$1,158
Mar 2012	0	623	105.05	2.22	$1,384
Feb 2012	170	553	101.10	2.57	$18,608
Jan 2012	0	595	98.09	2.73	$1,627
Dec 2011	0	595	96.87	3.24	$1,928
Nov 2011	0	587	95.72	3.31	$1,944
Oct 2011	0	594	84.98	3.65	$2,167
Sep 2011	0	602	83.62	3.99	$2,399
Aug 2011	0	613	83.40	4.15	$2,544
Jul 2011	0	654	94.14	4.52	$2,954
Jun 2011	0	628	92.90	4.64	$2,914
May 2011	0	646	98.13	4.40	$2,846
Apr 2011	0	619	105.96	4.33	$2,682
Mar 2011	0	560	96.36	4.06	$2,272
Feb 2011	0	561	85.64	4.18	$2,345
Jan 2011	0	667	86.50	4.59	$3,061
Dec 2010	0	695	85.73	4.35	$3,022
Nov 2010	0	682	80.84	3.80	$2,588
Oct 2010	0	721	78.10	3.51	$2,530
Sep 2010	166	691	72.63	3.98	$14,806
Aug 2010	0	694	73.68	4.42	$3,067
Jul 2010	0	694	72.55	4.74	$3,287
Jun 2010	0	704	70.36	4.91	$3,457
May 2010	0	760	71.12	4.24	$3,219
Apr 2010	0	750	81.69	4.12	$3,092
Mar 2010	0	778	78.39	4.39	$3,414
Feb 2010	0	644	73.58	5.44	$3,505
Jan 2010	0	773	74.36	5.96	$4,610
Dec 2009	0	759	71.44	5.48	$4,162
Nov 2009	0	771	74.59	3.75	$2,892
Oct 2009	0	810	72.54	4.11	$3,329
Sep 2009	0	805	65.54	3.06	$2,467
Aug 2009	0	846	67.42	3.22	$2,723
Jul 2009	161	872	61.13	3.46	$12,863
Jun 2009	0	816	66.16	3.90	$3,178
May 2009	0	882	54.74	3.93	$3,463
Apr 2009	0	848	46.77	3.59	$3,042
Mar 2009	0	882	42.14	4.06	$3,580
Feb 2009	0	807	32.81	4.63	$3,739
Jan 2009	0	861	35.86	5.37	$4,624
Dec 2008	0	876	37.10	5.98	$5,236
Nov 2008	0	897	55.49	6.86	$6,154
Oct 2008	0	938	75.24	6.92	$6,493
Sep 2008	176	900	101.76	7.88	$24,999
Aug 2008	0	987	114.22	8.48	$8,373
Jul 2008	0	982	131.08	11.39	$11,184
Jun 2008	0	965	131.33	13.03	$12,576
May 2008	0	999	123.17	11.57	$11,563
Apr 2008	0	980	110.31	10.45	$10,246
Mar 2008	0	1,010	101.90	9.66	$9,761
Feb 2008	0	949	92.53	8.77	$8,323
Jan 2008	184	1,014	90.38	8.21	$24,951
Dec 2007	0	1,030	88.33	7.30	$7,521
Nov 2007	0	1,022	91.67	7.29	$7,452
Oct 2007	0	991	82.85	6.92	$6,860
Sep 2007	0	1,058	75.84	6.24	$6,606
Aug 2007	0	1,111	69.06	6.39	$7,097
Jul 2007	0	1,127	70.90	6.39	$7,199
Jun 2007	0	1,089	62.00	7.55	$8,220
May 2007	177	1,123	58.74	7.85	$19,208
Apr 2007	0	1,117	59.61	7.81	$8,718
Mar 2007	0	1,147	56.92	7.30	$8,375
Feb 2007	0	1,040	55.10	8.22	$8,545
Jan 2007	0	1,181	50.30	6.73	$7,944
Dec 2006	0	1,084	56.65	6.92	$7,500
Nov 2006	174	1,006	54.20	7.62	$17,094
Oct 2006	0	1,208	54.90	6.01	$7,265
Sep 2006	0	1,179	60.08	5.04	$5,939
Aug 2006	0	1,257	68.71	7.34	$9,226
Jul 2006	0	1,270	69.37	6.34	$8,055
Jun 2006	0	1,243	66.28	6.38	$7,935
May 2006	0	1,308	66.01	6.42	$8,404
Apr 2006	172	1,244	64.39	7.36	$20,232
Mar 2006	0	1,300	56.70	7.08	$9,208
Feb 2006	0	1,183	57.59	7.75	$9,170
Jan 2006	0	1,317	60.59	8.93	$11,765
Dec 2005	0	1,322	54.94	13.42	$17,735
Nov 2005	174	1,346	54.69	10.59	$23,768
Oct 2005	0	1,406	58.34	13.80	$19,397
Sep 2005	0	1,358	61.45	12.08	$16,403
Aug 2005	0	1,236	61.51	9.80	$12,109
Jul 2005	0	1,328	55.69	7.84	$10,416
Jun 2005	0	1,277	52.33	7.38	$9,426
May 2005	172	1,318	45.22	6.65	$16,544
Apr 2005	0	1,314	49.20	7.36	$9,672
Mar 2005	0	1,369	50.37	7.15	$9,795
Feb 2005	0	1,229	45.22	6.31	$7,757
Jan 2005	175	1,366	43.16	6.32	$16,189
Dec 2004	0	1,388	39.86	6.75	$9,371
Nov 2004	0	1,379	45.28	6.33	$8,730
Oct 2004	170	1,420	49.70	6.52	$17,700
Sep 2004	0	1,429	43.24	5.28	$7,551
Aug 2004	0	1,510	42.37	5.55	$8,382
Jul 2004	0	1,508	38.28	6.08	$9,175
Jun 2004	0	1,594	36.10	6.43	$10,254
May 2004	172	1,594	37.48	6.49	$16,799
Apr 2004	0	1,549	34.47	5.86	$9,075
Mar 2004	0	1,567	34.36	5.53	$8,666
Feb 2004	181	1,460	32.45	5.51	$13,918
Jan 2004	0	1,590	32.03	6.30	$10,016
Dec 2003	0	1,597	30.26	6.30	$10,064
Nov 2003	160	1,616	28.80	4.60	$12,034
Oct 2003	0	1,659	28.17	4.76	$7,896
Sep 2003	179	1,676	26.31	4.75	$12,669
Aug 2003	0	1,719	29.76	5.13	$8,818
Jul 2003	0	1,735	29.41	5.17	$8,971
Jun 2003	0	1,678	28.56	5.98	$10,039
May 2003	165	1,854	26.59	5.97	$15,461
Apr 2003	0	1,802	26.67	5.41	$9,744
Mar 2003	176	1,866	31.14	6.10	$16,856
Feb 2003	0	1,787	33.48	7.93	$14,164
Jan 2003	178	1,810	30.31	5.58	$15,499
Dec 2002	0	2,013	26.91	4.85	$9,771
Nov 2002	178	1,974	24.66	4.14	$12,556
Oct 2002	0	2,538	26.46	4.23	$10,734
Sep 2002	170	2,727	27.44	3.64	$14,578
Aug 2002	0	3,171	25.96	3.16	$10,034
Jul 2002	177	2,983	24.58	3.06	$13,484
Jun 2002	0	2,951	23.73	3.34	$9,851
May 2002	175	3,218	24.66	3.58	$15,849
Apr 2002	0	2,916	23.65	3.51	$10,242
Mar 2002	176	3,377	22.00	3.10	$14,350
Feb 2002	0	2,542	18.22	2.38	$6,039
Jan 2002	175	3,585	17.17	2.38	$11,522
Dec 2001	171	3,933	16.93	2.36	$12,194
Nov 2001	175	2,898	18.07	2.41	$10,133
Oct 2001	0	3,143	19.78	2.53	$7,948
Sep 2001	358	3,500	24.26	2.25	$16,565
Aug 2001	0	2,529	24.87	3.05	$7,721
Jul 2001	173	3,091	23.93	3.20	$14,022
Jun 2001	176	3,376	24.56	3.82	$17,233
May 2001	172	3,434	25.52	4.31	$19,181
Apr 2001	174	4,061	24.68	5.34	$25,961
Mar 2001	180	4,122	24.54	5.38	$26,579
Feb 2001	177	3,902	27.75	5.77	$27,415
Jan 2001	178	3,999	27.47	8.40	$38,476
Dec 2000	352	4,433	26.88	9.12	$49,902
Nov 2000	185	4,167	32.21	5.66	$29,536
Oct 2000	352	4,838	31.23	5.15	$35,887
Sep 2000	177	4,648	31.87	5.19	$29,748
Aug 2000	358	3,332	29.64	4.54	$25,741
Jul 2000	175	3,369	28.53	4.09	$18,771
Jun 2000	356	3,286	29.30	4.40	$24,880
May 2000	359	3,428	27.26	3.68	$22,401
Apr 2000	360	3,284	24.51	3.12	$19,057
Mar 2000	305	3,448	28.42	2.86	$18,529
Feb 2000	544	3,203	27.62	2.73	$23,758
Jan 2000	542	3,503	25.27	2.48	$22,386
Dec 1999	548	3,589	24.28	2.42	$22,004
Nov 1999	360	3,722	23.19	2.43	$17,408
Oct 1999	721	3,939	20.98	2.80	$26,170
Sep 1999	711	4,183	21.75	2.62	$26,419
Aug 1999	704	3,895	19.26	2.88	$24,760
Jul 1999	529	3,339	17.89	2.37	$17,385
Jun 1999	717	2,423	15.94	2.36	$17,152
May 1999	706	1,913	15.79	2.32	$15,588
Apr 1999	715	1,549	15.10	2.21	$14,217
Mar 1999	717	1,742	12.47	1.84	$12,143
Feb 1999	711	1,451	9.98	1.82	$9,733
Jan 1999	883	1,720	10.38	1.90	$12,433
Dec 1998	1,363	2,323	9.20	1.77	$16,659

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.

Jun 2017 — as filed, then multipliedworked

Oil                   57 bbl  × $ 42.49 =     $2,422
Casinghead gas         0 Mcf  × $  3.09 =         $0

────────────────────────────────────────────────────
Month total                                   $2,422

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/29594 is the state's own key, not one this site invented.