LOWRANCE, G. #7

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 30701District 09Field 17634264OilCasinghead gasSaveExport
Value, all time
$569 k
Oct 2006 – Mar 2022
Value, last 12 filed months
$10 k
at the published price for each month
Months reported
186
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 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
OilDisposition253 bbl$21,100
Casinghead gasProduction116,771 Mcf$547,648
Total$568,748

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 33.3336, -97.8945. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.33360, -97.89452 · 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
5,750 ft
1 wells filed one
Completion to plug
14.7 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
Oct 2006
1 of 1 wells
Plug dates filed
Jun 2021
1 of 1 wells

Last completion to plug: a median of 14.7 years across the 1 well that filed both dates, with the middle half between 14.7 years and 14.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4973613875,750 ftOct 2006Jun 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 (186)

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

186 months

Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 2021139071.323.90$9,913
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 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 2014063586.164.05$2,569
Aug 201401,89889.394.04$7,659
Jul 201401,95896.564.18$8,184
Jun 201401,71598.164.74$8,124
May 201401,05594.734.73$4,987
Apr 201402995.944.81$139
Mar 2014010295.895.06$516
Feb 2014048697.406.19$3,009
Jan 201401,71490.404.86$8,331
Dec 201302,56891.824.35$11,182
Nov 201301,79788.853.74$6,718
Oct 201302,86797.423.78$10,835
Sep 201303,416104.113.72$12,700
Aug 201304,481104.253.52$15,785
Jul 201305,584102.523.72$20,760
Jun 201306,28994.403.93$24,737
May 201307,31494.834.15$30,346
Apr 201308,02593.964.28$34,368
Mar 201309,29993.623.91$36,386
Feb 201304,01291.233.42$13,721
Jan 2013058291.603.42$1,990
Dec 2012060586.773.42$2,069
Nov 2012060786.953.62$2,200
Oct 2012064889.383.40$2,203
Sep 2012065694.672.92$1,914
Aug 2012041092.662.91$1,192
Jul 2012056385.133.02$1,701
Jun 2012062879.822.52$1,582
May 2012073691.612.49$1,831
Apr 20120533101.652.00$1,064
Mar 20120628105.052.22$1,395
Feb 20120653101.102.57$1,678
Jan 2012074998.092.73$2,048
Dec 2011051796.873.24$1,675
Nov 2011051695.723.31$1,709
Oct 2011055284.983.65$2,014
Sep 2011062083.623.99$2,471
Aug 2011065283.404.15$2,705
Jul 2011060494.144.52$2,728
Jun 2011051492.904.64$2,385
May 201111456998.134.40$13,693
Apr 20110563105.964.33$2,440
Mar 2011059996.364.06$2,430
Feb 2011046685.644.18$1,948
Jan 2011061486.504.59$2,818
Dec 2010063685.734.35$2,765
Nov 2010064280.843.80$2,437
Oct 2010069278.103.51$2,428
Sep 2010065872.633.98$2,618
Aug 2010071473.684.42$3,155
Jul 2010071472.554.74$3,382
Jun 2010070570.364.91$3,462
May 2010071571.124.24$3,028
Apr 2010077881.694.12$3,207
Mar 2010080078.394.39$3,511
Feb 2010070273.585.44$3,821
Jan 2010076974.365.96$4,586
Dec 2009078371.445.48$4,294
Nov 2009079974.593.75$2,997
Oct 2009071272.544.11$2,927
Sep 2009072165.543.06$2,210
Aug 2009091467.423.22$2,942
Jul 2009096061.133.46$3,326
Jun 2009068866.163.90$2,680
May 2009056854.743.93$2,230
Apr 2009057246.773.59$2,052
Mar 2009061742.144.06$2,504
Feb 2009046432.814.63$2,150
Jan 2009056335.865.37$3,024
Dec 2008051037.105.98$3,048
Nov 2008058955.496.86$4,041
Oct 2008081075.246.92$5,607
Sep 20080704101.767.88$5,545
Aug 20080859114.228.48$7,287
Jul 20080875131.0811.39$9,966
Jun 20080874131.3313.03$11,391
May 20080897123.1711.57$10,382
Apr 20080810110.3110.45$8,468
Mar 20080758101.909.66$7,325
Feb 2008069092.538.77$6,052
Jan 2008054390.388.21$4,456
Dec 2007060088.337.30$4,381
Nov 2007052691.677.29$3,835
Oct 2007041382.856.92$2,859
Sep 2007020875.846.24$1,299
Aug 200703069.066.39$192
Jul 20070070.906.39$0
Jun 200704562.007.55$340
May 2007033858.747.85$2,652
Apr 2007044159.617.81$3,442
Mar 2007069856.927.30$5,097
Feb 200701,08955.108.22$8,947
Jan 2007099450.306.73$6,686
Dec 200602,09256.656.92$14,473
Nov 200603,46454.207.62$26,387
Oct 20060054.906.01$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.

Dec 2021 — as filed, then multipliedworked
Oil                  139 bbl  × $ 71.32 =     $9,913
Casinghead gas         0 Mcf  × $  3.90 =         $0

────────────────────────────────────────────────────
Month total                                   $9,913

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/30701 is the state's own key, not one this site invented.