LOWRANCE, GENE #2

Name: LOWRANCE, GENE #2 lease production and value, Aug 1999 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 29667District 09Field 17634264OilCasinghead gasSave Export

Value, all time

$1.9 M

Aug 1999 – Apr 2020

Value, last 12 filed months

$8 k

at the published price for each month

Months reported

249

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	15,091 bbl	$574,382
Casinghead gas	Production	242,001 Mcf	$1,328,095
Total			$1,902,476

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 33.3294, -97.8859. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

33.32936, -97.88595 · 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%

2 of 2 wells

With a plug date

100.0%

2 of 2 wells

Median depth

5,777 ft

2 wells filed one

Completion to plug

18.9 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 5,764 and 5,790 ft, median 5,777 ft, over the 2 wells that filed a depth.

Completions filed

Aug 1999 – Jun 2001

2 of 2 wells

Plug dates filed

Jun 2019

2 of 2 wells

Last completion to plug: a median of 18.9 years across the 2 wells that filed both dates, with the middle half between 18.5 years and 19.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells


42-49734635	4	5,790 ft	Jun 2001	Jun 2019	Yes
42-49734380	2	5,764 ft	Aug 1999	Jun 2019	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 (249)

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

249 months


Apr 2020	0	0	14.75	1.80	$0
Mar 2020	0	0	30.34	1.86	$0
Feb 2020	0	0	49.88	1.98	$0
Jan 2020	0	0	57.25	2.09	$0
Dec 2019	0	0	59.01	2.30	$0
Nov 2019	0	0	55.30	2.75	$0
Oct 2019	0	0	53.47	2.42	$0
Sep 2019	0	0	55.05	2.66	$0
Aug 2019	159	0	53.11	2.30	$8,444
Jul 2019	0	0	56.27	2.46	$0
Jun 2019	0	0	52.78	2.49	$0
May 2019	0	0	58.48	2.74	$0
Apr 2019	0	0	62.63	2.75	$0
Mar 2019	0	0	56.80	3.06	$0
Feb 2019	0	0	50.85	2.79	$0
Jan 2019	0	0	46.03	3.23	$0
Dec 2018	0	0	46.59	4.19	$0
Nov 2018	0	0	52.93	4.24	$0
Oct 2018	0	0	61.44	3.40	$0
Sep 2018	0	0	59.54	3.11	$0
Aug 2018	0	0	59.40	3.07	$0
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	85	62.87	4.01	$341
Dec 2017	0	78	57.27	2.92	$228
Nov 2017	0	82	55.42	3.12	$256
Oct 2017	0	93	49.29	2.98	$277
Sep 2017	0	125	47.52	3.09	$386
Aug 2017	0	256	45.37	3.00	$769
Jul 2017	0	325	43.87	3.09	$1,003
Jun 2017	0	255	42.49	3.09	$787
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	31	49.41	3.42	$106
Dec 2016	0	157	48.76	3.72	$584
Nov 2016	0	128	42.49	2.64	$338
Oct 2016	0	116	46.19	3.09	$358
Sep 2016	0	362	41.55	3.10	$1,122
Aug 2016	84	257	41.44	2.92	$4,233
Jul 2016	0	204	41.62	2.92	$597
Jun 2016	0	231	45.35	2.69	$620
May 2016	0	379	42.52	1.99	$755
Apr 2016	0	359	36.56	1.99	$715
Mar 2016	0	429	33.01	1.79	$770
Feb 2016	0	472	26.47	2.06	$974
Jan 2016	0	184	27.35	2.36	$435
Dec 2015	0	263	32.36	2.00	$526
Nov 2015	0	188	38.79	2.17	$407
Oct 2015	164	274	43.55	2.43	$7,807
Sep 2015	0	292	42.99	2.76	$805
Aug 2015	0	411	40.16	2.87	$1,181
Jul 2015	0	265	48.15	2.95	$780
Jun 2015	0	297	56.15	2.88	$856
May 2015	0	184	55.21	2.96	$544
Apr 2015	0	191	49.82	2.71	$517
Mar 2015	0	574	42.89	2.93	$1,685
Feb 2015	0	530	44.66	2.98	$1,577
Jan 2015	0	589	43.43	3.10	$1,826
Dec 2014	0	600	54.69	3.59	$2,155
Nov 2014	0	598	70.46	4.25	$2,543
Oct 2014	0	613	78.30	3.90	$2,391
Sep 2014	0	614	86.16	4.05	$2,484
Aug 2014	168	724	89.39	4.04	$17,939
Jul 2014	0	455	96.56	4.18	$1,902
Jun 2014	0	576	98.16	4.74	$2,728
May 2014	0	618	94.73	4.73	$2,921
Apr 2014	0	593	95.94	4.81	$2,852
Mar 2014	0	597	95.89	5.06	$3,019
Feb 2014	0	528	97.40	6.19	$3,269
Jan 2014	0	607	90.40	4.86	$2,950
Dec 2013	0	607	91.82	4.35	$2,643
Nov 2013	170	588	88.85	3.74	$17,303
Oct 2013	0	616	97.42	3.78	$2,328
Sep 2013	0	587	104.11	3.72	$2,182
Aug 2013	0	625	104.25	3.52	$2,202
Jul 2013	0	653	102.52	3.72	$2,428
Jun 2013	0	593	94.40	3.93	$2,333
May 2013	0	542	94.83	4.15	$2,249
Apr 2013	0	547	93.96	4.28	$2,343
Mar 2013	0	614	93.62	3.91	$2,403
Feb 2013	0	556	91.23	3.42	$1,901
Jan 2013	0	588	91.60	3.42	$2,011
Dec 2012	0	593	86.77	3.42	$2,028
Nov 2012	0	348	86.95	3.62	$1,261
Oct 2012	0	346	89.38	3.40	$1,176
Sep 2012	0	489	94.67	2.92	$1,427
Aug 2012	0	500	92.66	2.91	$1,454
Jul 2012	173	519	85.13	3.02	$16,295
Jun 2012	0	483	79.82	2.52	$1,217
May 2012	0	443	91.61	2.49	$1,102
Apr 2012	0	368	101.65	2.00	$735
Mar 2012	0	302	105.05	2.22	$671
Feb 2012	0	536	101.10	2.57	$1,378
Jan 2012	0	1,143	98.09	2.73	$3,125
Dec 2011	0	1,156	96.87	3.24	$3,745
Nov 2011	169	1,139	95.72	3.31	$19,948
Oct 2011	0	1,213	84.98	3.65	$4,426
Sep 2011	0	1,153	83.62	3.99	$4,596
Aug 2011	0	1,177	83.40	4.15	$4,884
Jul 2011	0	1,308	94.14	4.52	$5,909
Jun 2011	0	1,241	92.90	4.64	$5,758
May 2011	0	1,305	98.13	4.40	$5,748
Apr 2011	166	1,300	105.96	4.33	$23,223
Mar 2011	0	1,179	96.36	4.06	$4,784
Feb 2011	0	1,009	85.64	4.18	$4,218
Jan 2011	0	1,230	86.50	4.59	$5,644
Dec 2010	0	1,312	85.73	4.35	$5,704
Nov 2010	0	1,339	80.84	3.80	$5,082
Oct 2010	0	1,489	78.10	3.51	$5,225
Sep 2010	169	1,048	72.63	3.98	$16,445
Aug 2010	0	1,170	73.68	4.42	$5,171
Jul 2010	0	1,170	72.55	4.74	$5,542
Jun 2010	0	1,165	70.36	4.91	$5,721
May 2010	0	1,219	71.12	4.24	$5,163
Apr 2010	0	1,374	81.69	4.12	$5,665
Mar 2010	0	1,437	78.39	4.39	$6,307
Feb 2010	0	1,249	73.58	5.44	$6,798
Jan 2010	167	1,498	74.36	5.96	$21,352
Dec 2009	0	1,368	71.44	5.48	$7,502
Nov 2009	0	1,174	74.59	3.75	$4,404
Oct 2009	0	1,461	72.54	4.11	$6,005
Sep 2009	0	1,446	65.54	3.06	$4,432
Aug 2009	0	1,436	67.42	3.22	$4,622
Jul 2009	170	1,531	61.13	3.46	$15,696
Jun 2009	0	1,500	66.16	3.90	$5,843
May 2009	0	1,528	54.74	3.93	$5,999
Apr 2009	0	1,486	46.77	3.59	$5,331
Mar 2009	0	1,595	42.14	4.06	$6,474
Feb 2009	175	1,541	32.81	4.63	$12,881
Jan 2009	0	1,600	35.86	5.37	$8,594
Dec 2008	0	1,271	37.10	5.98	$7,597
Nov 2008	0	1,293	55.49	6.86	$8,870
Oct 2008	0	1,631	75.24	6.92	$11,290
Sep 2008	0	1,529	101.76	7.88	$12,044
Aug 2008	0	1,728	114.22	8.48	$14,659
Jul 2008	173	1,771	131.08	11.39	$42,848
Jun 2008	0	1,704	131.33	13.03	$22,208
May 2008	0	1,767	123.17	11.57	$20,452
Apr 2008	0	1,744	110.31	10.45	$18,233
Mar 2008	175	1,821	101.90	9.66	$35,431
Feb 2008	0	1,742	92.53	8.77	$15,278
Jan 2008	0	1,885	90.38	8.21	$15,468
Dec 2007	182	1,905	88.33	7.30	$29,986
Nov 2007	0	1,883	91.67	7.29	$13,730
Oct 2007	0	1,683	82.85	6.92	$11,650
Sep 2007	0	1,969	75.84	6.24	$12,295
Aug 2007	0	2,084	69.06	6.39	$13,312
Jul 2007	174	2,115	70.90	6.39	$25,847
Jun 2007	0	2,087	62.00	7.55	$15,754
May 2007	0	2,182	58.74	7.85	$17,121
Apr 2007	162	1,821	59.61	7.81	$23,870
Mar 2007	0	1,677	56.92	7.30	$12,245
Feb 2007	0	1,696	55.10	8.22	$13,934
Jan 2007	170	1,875	50.30	6.73	$21,164
Dec 2006	0	1,909	56.65	6.92	$13,207
Nov 2006	0	1,768	54.20	7.62	$13,468
Oct 2006	0	2,093	54.90	6.01	$12,587
Sep 2006	171	1,827	60.08	5.04	$19,477
Aug 2006	0	2,159	68.71	7.34	$15,847
Jul 2006	0	2,164	69.37	6.34	$13,726
Jun 2006	168	2,033	66.28	6.38	$24,113
May 2006	0	2,068	66.01	6.42	$13,287
Apr 2006	0	1,732	64.39	7.36	$12,748
Mar 2006	179	1,977	56.70	7.08	$24,152
Feb 2006	0	1,784	57.59	7.75	$13,828
Jan 2006	177	2,089	60.59	8.93	$29,386
Dec 2005	0	1,397	54.94	13.42	$18,741
Nov 2005	0	1,373	54.69	10.59	$14,538
Oct 2005	167	1,355	58.34	13.80	$28,436
Sep 2005	0	1,331	61.45	12.08	$16,077
Aug 2005	0	1,400	61.51	9.80	$13,716
Jul 2005	0	1,681	55.69	7.84	$13,185
Jun 2005	177	1,660	52.33	7.38	$21,515
May 2005	0	1,488	45.22	6.65	$9,897
Apr 2005	0	1,085	49.20	7.36	$7,986
Mar 2005	177	1,333	50.37	7.15	$18,453
Feb 2005	0	1,203	45.22	6.31	$7,593
Jan 2005	0	1,370	43.16	6.32	$8,661
Dec 2004	170	1,379	39.86	6.75	$16,086
Nov 2004	0	1,379	45.28	6.33	$8,730
Oct 2004	181	1,454	49.70	6.52	$18,469
Sep 2004	0	1,449	43.24	5.28	$7,656
Aug 2004	0	1,512	42.37	5.55	$8,393
Jul 2004	171	1,520	38.28	6.08	$15,794
Jun 2004	0	1,562	36.10	6.43	$10,048
May 2004	0	1,562	37.48	6.49	$10,145
Apr 2004	180	1,523	34.47	5.86	$15,127
Mar 2004	0	1,618	34.36	5.53	$8,948
Feb 2004	184	1,559	32.45	5.51	$14,560
Jan 2004	0	1,683	32.03	6.30	$10,602
Dec 2003	176	1,725	30.26	6.30	$16,196
Nov 2003	181	1,772	28.80	4.60	$13,355
Oct 2003	0	1,793	28.17	4.76	$8,534
Sep 2003	173	1,528	26.31	4.75	$11,809
Aug 2003	0	1,591	29.76	5.13	$8,161
Jul 2003	178	1,821	29.41	5.17	$14,651
Jun 2003	0	1,664	28.56	5.98	$9,956
May 2003	173	1,814	26.59	5.97	$15,435
Apr 2003	179	1,667	26.67	5.41	$13,788
Mar 2003	182	0	31.14	6.10	$5,667
Feb 2003	176	1,448	33.48	7.93	$17,369
Jan 2003	352	1,595	30.31	5.58	$19,572
Dec 2002	176	1,520	26.91	4.85	$12,114
Nov 2002	176	1,442	24.66	4.14	$10,306
Oct 2002	173	1,407	26.46	4.23	$10,528
Sep 2002	169	1,472	27.44	3.64	$9,988
Aug 2002	172	1,588	25.96	3.16	$9,490
Jul 2002	167	1,576	24.58	3.06	$8,930
Jun 2002	178	1,643	23.73	3.34	$9,709
May 2002	177	1,953	24.66	3.58	$11,364
Apr 2002	175	1,604	23.65	3.51	$9,773
Mar 2002	346	2,214	22.00	3.10	$14,481
Feb 2002	175	1,811	18.22	2.38	$7,491
Jan 2002	358	2,475	17.17	2.38	$12,027
Dec 2001	357	2,495	16.93	2.36	$11,943
Nov 2001	362	2,586	18.07	2.41	$12,762
Oct 2001	530	2,585	19.78	2.53	$17,021
Sep 2001	532	1,595	24.26	2.25	$16,497
Aug 2001	707	2,046	24.87	3.05	$23,830
Jul 2001	1,033	3,257	23.93	3.20	$35,133
Jun 2001	358	986	24.56	3.82	$12,563
May 2001	0	282	25.52	4.31	$1,215
Apr 2001	0	318	24.68	5.34	$1,697
Mar 2001	180	508	24.54	5.38	$7,148
Feb 2001	0	370	27.75	5.77	$2,134
Jan 2001	0	394	27.47	8.40	$3,309
Dec 2000	169	443	26.88	9.12	$8,584
Nov 2000	0	421	32.21	5.66	$2,382
Oct 2000	0	300	31.23	5.15	$1,544
Sep 2000	174	347	31.87	5.19	$7,345
Aug 2000	0	501	29.64	4.54	$2,275
Jul 2000	0	509	28.53	4.09	$2,082
Jun 2000	175	468	29.30	4.40	$7,185
May 2000	0	517	27.26	3.68	$1,902
Apr 2000	162	476	24.51	3.12	$5,454
Mar 2000	179	495	28.42	2.86	$6,503
Feb 2000	0	490	27.62	2.73	$1,336
Jan 2000	173	433	25.27	2.48	$5,446
Dec 1999	182	426	24.28	2.42	$5,451
Nov 1999	0	311	23.19	2.43	$757
Oct 1999	180	516	20.98	2.80	$5,223
Sep 1999	175	614	21.75	2.62	$5,414
Aug 1999	179	326	19.26	2.88	$4,385

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.

Aug 2019 — as filed, then multipliedworked

Oil                  159 bbl  × $ 53.11 =     $8,444
Casinghead gas         0 Mcf  × $  2.30 =         $0

────────────────────────────────────────────────────
Month total                                   $8,444

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/29667 is the state's own key, not one this site invented.