RILEY -B-

Operated by LINN OPERATING, INC. (P-5 501545) in the PANHANDLE, WEST field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 105929District 10Field 68831001NGPA filingGasSaveExport
Value, all time
$298 k
Jan 1993 – Jan 2011
Value, last 12 filed months
$0
at the published price for each month
Months reported
217
no gaps in the span
Streams
1
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 4,532 leases and 4,532 wells, and the rule below applies to all of them.

Discovered
1933-02-08
as the register files it
Field class
Gas
the register's own label
Between wells
660 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 2013-11-12.

The Commission's schedule remark for this field reads: IS HEREBY SUSPENDED.

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
GasProduction95,008 Mcf$297,519
Total$297,519

34,069 Mcf of this lease's gas, across 47 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 36.0065, -101.5867. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.00651, -101.58675 · 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
3,323 ft
1 wells filed one
Completion to plug
27.8 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 3,323 ft.

Completions filed
Mar 1983
1 of 1 wells
Plug dates filed
Jan 2011
1 of 1 wells

Last completion to plug: a median of 27.8 years across the 1 well that filed both dates, with the middle half between 27.8 years and 27.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-233315262 R3,323 ftMar 1983Jan 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 (217)

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

217 months

Jan 2011086.504.59$0
Dec 2010085.734.35$0
Nov 2010080.843.80$0
Oct 2010078.103.51$0
Sep 2010072.633.98$0
Aug 2010073.684.42$0
Jul 2010072.554.74$0
Jun 2010070.364.91$0
May 2010071.124.24$0
Apr 2010081.694.12$0
Mar 2010078.394.39$0
Feb 2010073.585.44$0
Jan 2010074.365.96$0
Dec 2009071.445.48$0
Nov 2009074.593.75$0
Oct 2009072.544.11$0
Sep 2009065.543.06$0
Aug 2009067.423.22$0
Jul 200912761.133.46$440
Jun 200921866.163.90$849
May 200922554.743.93$883
Apr 200919446.773.59$696
Mar 200918442.144.06$747
Feb 200922132.814.63$1,024
Jan 200926935.865.37$1,445
Dec 200825537.105.98$1,524
Nov 200824555.496.86$1,681
Oct 200827275.246.92$1,883
Sep 2008253101.767.88$1,993
Aug 20080114.228.48$0
Jul 2008279131.0811.39$3,178
Jun 2008236131.3313.03$3,076
May 2008295123.1711.57$3,414
Apr 2008255110.3110.45$2,666
Mar 2008368101.909.66$3,556
Feb 200828992.538.77$2,535
Jan 200833890.388.21$2,774
Dec 200735688.337.30$2,600
Nov 200730491.677.29$2,217
Oct 200732182.856.92$2,222
Sep 200736775.846.24$2,292
Aug 200737169.066.39$2,370
Jul 200738370.906.39$2,447
Jun 200738962.007.55$2,936
May 200745658.747.85$3,578
Apr 200719659.617.81$1,530
Mar 200740356.927.30$2,943
Feb 200733455.108.22$2,744
Jan 200732050.306.73$2,153
Dec 200637656.656.92$2,601
Nov 200640354.207.62$3,070
Oct 200642254.906.01$2,538
Sep 200641560.085.04$2,090
Aug 200643968.717.34$3,222
Jul 200645469.376.34$2,880
Jun 200645866.286.38$2,924
May 200651566.016.42$3,309
Apr 200630764.397.36$2,260
Mar 200636056.707.08$2,550
Feb 200627057.597.75$2,093
Jan 200631060.598.93$2,769
Dec 200529954.9413.42$4,011
Nov 200531054.6910.59$3,282
Oct 200534158.3413.80$4,704
Sep 200512261.4512.08$1,474
Aug 200538161.519.80$3,733
Jul 200541455.697.84$3,247
Jun 200538552.337.38$2,842
May 200536445.226.65$2,421
Apr 200536449.207.36$2,679
Mar 200536050.377.15$2,576
Feb 200533045.226.31$2,083
Jan 200542643.166.32$2,693
Dec 200437139.866.75$2,505
Nov 200440745.286.33$2,576
Oct 200442149.706.52$2,743
Sep 200445643.245.28$2,409
Aug 200444042.375.55$2,442
Jul 200446738.286.08$2,841
Jun 200444436.106.43$2,856
May 200444637.486.49$2,897
Apr 200439634.475.86$2,320
Mar 200444334.365.53$2,450
Feb 200439032.455.51$2,149
Jan 200442532.036.30$2,677
Dec 200347130.266.30$2,968
Nov 200351228.804.60$2,353
Oct 200338328.174.76$1,823
Sep 200343626.314.75$2,071
Aug 200345529.765.13$2,334
Jul 200351329.415.17$2,653
Jun 200342828.565.98$2,561
May 200350626.595.97$3,022
Apr 200334026.675.41$1,838
Mar 200346231.146.10$2,816
Feb 200340133.487.93$3,178
Jan 200345330.315.58$2,529
Dec 200244426.914.85$2,155
Nov 200247324.664.14$1,957
Oct 200243426.464.23$1,835
Sep 200248227.443.64$1,752
Aug 200250125.963.16$1,585
Jul 200254124.583.06$1,656
Jun 200254023.733.34$1,803
May 200243324.663.58$1,552
Apr 200241323.653.51$1,451
Mar 200244222.003.10$1,371
Feb 200245718.222.38$1,086
Jan 200248217.172.38$1,145
Dec 200147816.932.36$1,130
Nov 200151718.072.41$1,244
Oct 200140519.782.53$1,024
Sep 200141524.262.25$934
Aug 200158424.873.05$1,783
Jul 200152323.933.20$1,672
Jun 200147424.563.82$1,813
May 200147725.524.31$2,055
Apr 200124624.685.34$1,312
Mar 200149024.545.38$2,634
Feb 200139127.755.77$2,255
Jan 200150027.478.40$4,199
Dec 200048126.889.12$4,388
Nov 200052432.215.66$2,965
Oct 200052531.235.15$2,701
Sep 200054231.875.19$2,811
Aug 200056729.644.54$2,575
Jul 200070028.534.09$2,863
Jun 200025329.304.40$1,113
May 20006027.263.68$221
Apr 200023424.513.12$729
Mar 200038528.422.86$1,101
Feb 200051627.622.73$1,407
Jan 200055325.272.48$1,372
Dec 199952224.282.42$1,265
Nov 199961023.192.43$1,485
Oct 199955320.982.80$1,550
Sep 199941221.752.62$1,079
Aug 199924419.262.88$702
Jul 199945817.892.37$1,087
Jun 199938515.942.36$909
May 199930515.792.32$708
Apr 199950015.102.21$1,104
Mar 199951112.471.84$939
Feb 19994479.981.82$813
Jan 199948910.381.90$929
Dec 19985139.201.77$910
Nov 199850510.892.19$1,104
Oct 199855612.421.97$1,095
Sep 199852312.592.08$1,089
Aug 199854211.301.91$1,034
Jul 199849511.742.24$1,107
Jun 199858411.242.24$1,307
May 199862712.622.21$1,383
Apr 199870513.042.51$1,766
Mar 199875812.802.31$1,751
Feb 199893513.952.30$2,150
Jan 19987414.702.15$159
Dec 19974516.322.41$109
Nov 1997018.193.09$0
Oct 199747519.253.15$1,496
Sep 199720817.742.95$615
Aug 199759417.862.55$1,518
Jul 199769617.582.25$1,564
Jun 199758017.242.26$1,309
May 1997018.972.31$0
Apr 199711717.882.08$244
Mar 199723518.951.94$456
Feb 199753120.492.21$1,171
Jan 199770923.483.54$2,510
Dec 199673523.32$0
Nov 199628821.97$0
Oct 199619723.31$0
Sep 199662422.22$0
Aug 19964820.26$0
Jul 199657119.55$0
Jun 199648518.73$0
May 199669119.43$0
Apr 199645321.51$0
Mar 199671419.38$0
Feb 199666916.98$0
Jan 199667217.07$0
Dec 199558617.19$0
Nov 199574316.00$0
Oct 199556915.43$0
Sep 199559016.18$0
Aug 199563615.92$0
Jul 199563015.24$0
Jun 199566116.41$0
May 199547317.56$0
Apr 199574117.73$0
Mar 199577716.44$0
Feb 1995016.58$0
Jan 199542215.92$0
Dec 199479615.03$0
Nov 199474515.90$0
Oct 199463415.58$0
Sep 199484415.29$0
Aug 199488916.13$0
Jul 199483117.56$0
Jun 199463217.09$0
May 199413515.88$0
Apr 199483314.14$0
Mar 199488912.46$0
Feb 199483612.50$0
Jan 199483012.66$0
Dec 199387812.33$0
Nov 199377814.49$0
Oct 199394215.85$0
Sep 199397815.03$0
Aug 199385615.66$0
Jul 19931,03615.46$0
Jun 19931,06716.79$0
May 199399817.68$0
Apr 19931,14118.05$0
Mar 19931,22718.14$0
Feb 19931,04917.90$0
Jan 19931,25016.93$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.

Jul 2009 — as filed, then multipliedworked
Gas                  127 Mcf  × $  3.46 =       $440

────────────────────────────────────────────────────
Month total                                     $440

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. 10/G/105929 is the state's own key, not one this site invented.