LERNER, M. C.

Name: LERNER, M. C. lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by LAMCO OIL, LLC (P-5 483661) in the LERNER (CONGLOMERATE 3RD) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 4651District 09Field 53313750OilCasinghead gasSave Export

Value, all time

$1.2 M

Jan 1993 – Jan 2016

Value, last 12 filed months

at the published price for each month

Months reported

277

no gaps in the span

Streams

oil, casinghead gas

The LERNER (CONGLOMERATE 3RD) 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 2 leases and 2 wells, and the rule below applies to all of them.

Discovered

1955-03-18

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

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	24,840 bbl	$1,224,372
Casinghead gas	Production	48 Mcf	$0
Total			$1,224,372

48 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 (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 33.7835, -97.7712. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.78348, -97.77118 · 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

0.0%

0 of 1 wells

Median depth

5,425 ft

1 wells filed one

Completion to plug

—

no well filed both dates

What the state filed about each well

On the RRC proration schedule

1100.0%

A plug date is filed

00.0%

BothOn the schedule and plugged. Neither fact cancels the other.

00.0%

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 5,425 ft.

Completions filed

Sep 2002

1 of 1 wells

1 well


42-33701937	2 T	5,425 ft	Sep 2002	—	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 (277)

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

277 months


Jan 2016	0	0	27.35	2.36	$0
Dec 2015	0	0	32.36	2.00	$0
Nov 2015	0	0	38.79	2.17	$0
Oct 2015	0	0	43.55	2.43	$0
Sep 2015	0	0	42.99	2.76	$0
Aug 2015	0	0	40.16	2.87	$0
Jul 2015	0	0	48.15	2.95	$0
Jun 2015	0	0	56.15	2.88	$0
May 2015	0	0	55.21	2.96	$0
Apr 2015	0	0	49.82	2.71	$0
Mar 2015	0	0	42.89	2.93	$0
Feb 2015	0	0	44.66	2.98	$0
Jan 2015	0	0	43.43	3.10	$0
Dec 2014	0	0	54.69	3.59	$0
Nov 2014	0	0	70.46	4.25	$0
Oct 2014	0	0	78.30	3.90	$0
Sep 2014	0	0	86.16	4.05	$0
Aug 2014	0	0	89.39	4.04	$0
Jul 2014	0	0	96.56	4.18	$0
Jun 2014	0	0	98.16	4.74	$0
May 2014	0	0	94.73	4.73	$0
Apr 2014	0	0	95.94	4.81	$0
Mar 2014	0	0	95.89	5.06	$0
Feb 2014	0	0	97.40	6.19	$0
Jan 2014	0	0	90.40	4.86	$0
Dec 2013	0	0	91.82	4.35	$0
Nov 2013	109	0	88.85	3.74	$9,685
Oct 2013	181	0	97.42	3.78	$17,633
Sep 2013	87	0	104.11	3.72	$9,058
Aug 2013	174	0	104.25	3.52	$18,140
Jul 2013	173	0	102.52	3.72	$17,736
Jun 2013	86	0	94.40	3.93	$8,118
May 2013	175	0	94.83	4.15	$16,595
Apr 2013	170	0	93.96	4.28	$15,973
Mar 2013	171	0	93.62	3.91	$16,009
Feb 2013	87	0	91.23	3.42	$7,937
Jan 2013	181	0	91.60	3.42	$16,580
Dec 2012	183	0	86.77	3.42	$15,879
Nov 2012	96	0	86.95	3.62	$8,347
Oct 2012	185	0	89.38	3.40	$16,535
Sep 2012	91	0	94.67	2.92	$8,615
Aug 2012	181	0	92.66	2.91	$16,771
Jul 2012	180	0	85.13	3.02	$15,323
Jun 2012	183	0	79.82	2.52	$14,607
May 2012	181	0	91.61	2.49	$16,581
Apr 2012	180	0	101.65	2.00	$18,297
Mar 2012	96	0	105.05	2.22	$10,085
Feb 2012	271	0	101.10	2.57	$27,398
Jan 2012	93	0	98.09	2.73	$9,122
Dec 2011	186	0	96.87	3.24	$18,018
Nov 2011	90	0	95.72	3.31	$8,615
Oct 2011	181	0	84.98	3.65	$15,381
Sep 2011	180	0	83.62	3.99	$15,052
Aug 2011	178	0	83.40	4.15	$14,845
Jul 2011	91	0	94.14	4.52	$8,567
Jun 2011	270	0	92.90	4.64	$25,083
May 2011	92	0	98.13	4.40	$9,028
Apr 2011	91	0	105.96	4.33	$9,642
Mar 2011	185	0	96.36	4.06	$17,827
Feb 2011	184	0	85.64	4.18	$15,758
Jan 2011	183	0	86.50	4.59	$15,830
Dec 2010	183	0	85.73	4.35	$15,689
Nov 2010	179	0	80.84	3.80	$14,470
Oct 2010	181	0	78.10	3.51	$14,136
Sep 2010	179	0	72.63	3.98	$13,001
Aug 2010	179	0	73.68	4.42	$13,189
Jul 2010	89	0	72.55	4.74	$6,457
Jun 2010	176	0	70.36	4.91	$12,383
May 2010	269	0	71.12	4.24	$19,131
Apr 2010	90	0	81.69	4.12	$7,352
Mar 2010	183	0	78.39	4.39	$14,345
Feb 2010	92	0	73.58	5.44	$6,769
Jan 2010	273	0	74.36	5.96	$20,300
Dec 2009	0	0	71.44	5.48	$0
Nov 2009	91	0	74.59	3.75	$6,788
Oct 2009	0	0	72.54	4.11	$0
Sep 2009	90	0	65.54	3.06	$5,899
Aug 2009	0	0	67.42	3.22	$0
Jul 2009	83	0	61.13	3.46	$5,074
Jun 2009	0	0	66.16	3.90	$0
May 2009	0	0	54.74	3.93	$0
Apr 2009	89	0	46.77	3.59	$4,163
Mar 2009	0	0	42.14	4.06	$0
Feb 2009	176	0	32.81	4.63	$5,775
Jan 2009	0	0	35.86	5.37	$0
Dec 2008	0	0	37.10	5.98	$0
Nov 2008	89	0	55.49	6.86	$4,939
Oct 2008	0	0	75.24	6.92	$0
Sep 2008	90	0	101.76	7.88	$9,158
Aug 2008	86	0	114.22	8.48	$9,823
Jul 2008	0	0	131.08	11.39	$0
Jun 2008	91	0	131.33	13.03	$11,951
May 2008	88	0	123.17	11.57	$10,839
Apr 2008	179	0	110.31	10.45	$19,745
Mar 2008	0	0	101.90	9.66	$0
Feb 2008	88	0	92.53	8.77	$8,143
Jan 2008	90	0	90.38	8.21	$8,134
Dec 2007	90	0	88.33	7.30	$7,950
Nov 2007	87	0	91.67	7.29	$7,975
Oct 2007	91	0	82.85	6.92	$7,539
Sep 2007	94	0	75.84	6.24	$7,129
Aug 2007	92	0	69.06	6.39	$6,354
Jul 2007	0	0	70.90	6.39	$0
Jun 2007	87	0	62.00	7.55	$5,394
May 2007	89	0	58.74	7.85	$5,228
Apr 2007	89	0	59.61	7.81	$5,305
Mar 2007	92	0	56.92	7.30	$5,237
Feb 2007	90	0	55.10	8.22	$4,959
Jan 2007	0	0	50.30	6.73	$0
Dec 2006	91	0	56.65	6.92	$5,155
Nov 2006	89	0	54.20	7.62	$4,824
Oct 2006	91	0	54.90	6.01	$4,996
Sep 2006	92	0	60.08	5.04	$5,527
Aug 2006	90	0	68.71	7.34	$6,184
Jul 2006	87	0	69.37	6.34	$6,035
Jun 2006	0	0	66.28	6.38	$0
May 2006	90	0	66.01	6.42	$5,941
Apr 2006	0	0	64.39	7.36	$0
Mar 2006	98	0	56.70	7.08	$5,557
Feb 2006	101	0	57.59	7.75	$5,817
Jan 2006	89	0	60.59	8.93	$5,393
Dec 2005	0	0	54.94	13.42	$0
Nov 2005	90	0	54.69	10.59	$4,922
Oct 2005	89	0	58.34	13.80	$5,192
Sep 2005	0	0	61.45	12.08	$0
Aug 2005	89	0	61.51	9.80	$5,474
Jul 2005	89	0	55.69	7.84	$4,956
Jun 2005	90	0	52.33	7.38	$4,710
May 2005	92	0	45.22	6.65	$4,160
Apr 2005	90	0	49.20	7.36	$4,428
Mar 2005	0	0	50.37	7.15	$0
Feb 2005	92	0	45.22	6.31	$4,160
Jan 2005	0	0	43.16	6.32	$0
Dec 2004	90	0	39.86	6.75	$3,587
Nov 2004	92	0	45.28	6.33	$4,166
Oct 2004	92	0	49.70	6.52	$4,572
Sep 2004	90	0	43.24	5.28	$3,892
Aug 2004	91	0	42.37	5.55	$3,856
Jul 2004	93	0	38.28	6.08	$3,560
Jun 2004	92	0	36.10	6.43	$3,321
May 2004	88	0	37.48	6.49	$3,298
Apr 2004	177	0	34.47	5.86	$6,101
Mar 2004	94	0	34.36	5.53	$3,230
Feb 2004	90	0	32.45	5.51	$2,921
Jan 2004	90	0	32.03	6.30	$2,883
Dec 2003	83	0	30.26	6.30	$2,512
Nov 2003	95	0	28.80	4.60	$2,736
Oct 2003	92	0	28.17	4.76	$2,592
Sep 2003	91	0	26.31	4.75	$2,394
Aug 2003	178	0	29.76	5.13	$5,297
Jul 2003	90	0	29.41	5.17	$2,647
Jun 2003	90	0	28.56	5.98	$2,570
May 2003	185	0	26.59	5.97	$4,919
Apr 2003	183	0	26.67	5.41	$4,881
Mar 2003	94	0	31.14	6.10	$2,927
Feb 2003	89	0	33.48	7.93	$2,980
Jan 2003	275	0	30.31	5.58	$8,335
Dec 2002	189	0	26.91	4.85	$5,086
Nov 2002	180	0	24.66	4.14	$4,439
Oct 2002	270	0	26.46	4.23	$7,144
Sep 2002	93	0	27.44	3.64	$2,552
Aug 2002	90	0	25.96	3.16	$2,336
Jul 2002	91	0	24.58	3.06	$2,237
Jun 2002	88	0	23.73	3.34	$2,088
May 2002	0	0	24.66	3.58	$0
Apr 2002	0	0	23.65	3.51	$0
Mar 2002	85	0	22.00	3.10	$1,870
Feb 2002	92	0	18.22	2.38	$1,676
Jan 2002	87	0	17.17	2.38	$1,494
Dec 2001	0	0	16.93	2.36	$0
Nov 2001	0	0	18.07	2.41	$0
Oct 2001	0	0	19.78	2.53	$0
Sep 2001	90	0	24.26	2.25	$2,183
Aug 2001	0	0	24.87	3.05	$0
Jul 2001	0	0	23.93	3.20	$0
Jun 2001	91	0	24.56	3.82	$2,235
May 2001	90	0	25.52	4.31	$2,297
Apr 2001	0	0	24.68	5.34	$0
Mar 2001	94	0	24.54	5.38	$2,307
Feb 2001	91	0	27.75	5.77	$2,525
Jan 2001	0	0	27.47	8.40	$0
Dec 2000	90	0	26.88	9.12	$2,419
Nov 2000	86	0	32.21	5.66	$2,770
Oct 2000	94	0	31.23	5.15	$2,936
Sep 2000	89	0	31.87	5.19	$2,836
Aug 2000	90	0	29.64	4.54	$2,668
Jul 2000	88	0	28.53	4.09	$2,511
Jun 2000	0	0	29.30	4.40	$0
May 2000	89	0	27.26	3.68	$2,426
Apr 2000	91	0	24.51	3.12	$2,230
Mar 2000	91	0	28.42	2.86	$2,586
Feb 2000	91	0	27.62	2.73	$2,513
Jan 2000	91	0	25.27	2.48	$2,300
Dec 1999	88	0	24.28	2.42	$2,137
Nov 1999	90	0	23.19	2.43	$2,087
Oct 1999	89	0	20.98	2.80	$1,867
Sep 1999	89	0	21.75	2.62	$1,936
Aug 1999	90	0	19.26	2.88	$1,733
Jul 1999	90	0	17.89	2.37	$1,610
Jun 1999	89	0	15.94	2.36	$1,419
May 1999	0	0	15.79	2.32	$0
Apr 1999	87	0	15.10	2.21	$1,314
Mar 1999	89	0	12.47	1.84	$1,110
Feb 1999	0	0	9.98	1.82	$0
Jan 1999	180	0	10.38	1.90	$1,868
Dec 1998	90	0	9.20	1.77	$828
Nov 1998	90	0	10.89	2.19	$980
Oct 1998	89	0	12.42	1.97	$1,105
Sep 1998	179	0	12.59	2.08	$2,254
Aug 1998	89	0	11.30	1.91	$1,006
Jul 1998	88	0	11.74	2.24	$1,033
Jun 1998	90	0	11.24	2.24	$1,012
May 1998	90	0	12.62	2.21	$1,136
Apr 1998	182	0	13.04	2.51	$2,373
Mar 1998	0	0	12.80	2.31	$0
Feb 1998	184	0	13.95	2.30	$2,567
Jan 1998	0	0	14.70	2.15	$0
Dec 1997	94	0	16.32	2.41	$1,534
Nov 1997	91	0	18.19	3.09	$1,655
Oct 1997	89	0	19.25	3.15	$1,713
Sep 1997	90	0	17.74	2.95	$1,597
Aug 1997	89	0	17.86	2.55	$1,590
Jul 1997	90	0	17.58	2.25	$1,582
Jun 1997	0	0	17.24	2.26	$0
May 1997	89	0	18.97	2.31	$1,688
Apr 1997	93	0	17.88	2.08	$1,663
Mar 1997	184	0	18.95	1.94	$3,487
Feb 1997	93	0	20.49	2.21	$1,906
Jan 1997	376	0	23.48	3.54	$8,828
Dec 1996	93	1	23.32	—	$2,169
Nov 1996	92	1	21.97	—	$2,021
Oct 1996	91	1	23.31	—	$2,121
Sep 1996	91	1	22.22	—	$2,022
Aug 1996	90	1	20.26	—	$1,823
Jul 1996	91	1	19.55	—	$1,779
Jun 1996	90	1	18.73	—	$1,686
May 1996	88	1	19.43	—	$1,710
Apr 1996	93	1	21.51	—	$2,000
Mar 1996	0	1	19.38	—	$0
Feb 1996	93	1	16.98	—	$1,579
Jan 1996	92	1	17.07	—	$1,570
Dec 1995	0	1	17.19	—	$0
Nov 1995	94	1	16.00	—	$1,504
Oct 1995	91	1	15.43	—	$1,404
Sep 1995	0	1	16.18	—	$0
Aug 1995	91	1	15.92	—	$1,449
Jul 1995	91	1	15.24	—	$1,387
Jun 1995	93	1	16.41	—	$1,526
May 1995	92	1	17.56	—	$1,616
Apr 1995	186	1	17.73	—	$3,298
Mar 1995	94	1	16.44	—	$1,545
Feb 1995	94	1	16.58	—	$1,559
Jan 1995	186	1	15.92	—	$2,961
Dec 1994	96	1	15.03	—	$1,443
Nov 1994	186	1	15.90	—	$2,957
Oct 1994	91	1	15.58	—	$1,418
Sep 1994	91	1	15.29	—	$1,391
Aug 1994	92	1	16.13	—	$1,484
Jul 1994	91	1	17.56	—	$1,598
Jun 1994	92	1	17.09	—	$1,572
May 1994	91	1	15.88	—	$1,445
Apr 1994	90	1	14.14	—	$1,273
Mar 1994	93	1	12.46	—	$1,159
Feb 1994	93	1	12.50	—	$1,163
Jan 1994	94	1	12.66	—	$1,190
Dec 1993	91	1	12.33	—	$1,122
Nov 1993	92	1	14.49	—	$1,333
Oct 1993	185	1	15.85	—	$2,932
Sep 1993	90	1	15.03	—	$1,353
Aug 1993	89	1	15.66	—	$1,394
Jul 1993	90	1	15.46	—	$1,391
Jun 1993	92	1	16.79	—	$1,545
May 1993	92	1	17.68	—	$1,627
Apr 1993	94	1	18.05	—	$1,697
Mar 1993	94	1	18.14	—	$1,705
Feb 1993	91	1	17.90	—	$1,629
Jan 1993	91	1	16.93	—	$1,541

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 2013 — as filed, then multipliedworked

Oil                  109 bbl  × $ 88.85 =     $9,685
Casinghead gas         0 Mcf  × $  3.74 =         $0

────────────────────────────────────────────────────
Month total                                   $9,685

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/4651 is the state's own key, not one this site invented.