LATHAM

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

Operated by APACHE CORPORATION (P-5 27200) in the MAY (MORROW MIDDLE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 115476District 10Field 58568300NGPA filingCondensateGasSave Export

Value, all time

$1.2 M

Jan 1993 – Aug 2010

Value, last 12 filed months

$31 k

at the published price for each month

Months reported

212

no gaps in the span

Streams

condensate, gas

The MAY (MORROW MIDDLE) 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

1985-03-06

as the register files it

Field class

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: “ALLOCATION FORMULA SUSPENDED EFF. 1/1/94”

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.

Programme	Filings	With an approval date	Dated	Docket
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	3,771 bbl	$121,858
Gas	Production	337,391 Mcf	$1,048,607
Total			$1,170,465

119,171 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 36.4218, -100.3953. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.42178, -100.39530 · 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

9,456 ft

1 wells filed one

Completion to plug

4 months

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 9,456 ft.

Completions filed

Apr 2010

1 of 1 wells

Plug dates filed

Aug 2010

1 of 1 wells

Last completion to plug: a median of 4 months across the 1 well that filed both dates, with the middle half between 4 months and 4 months. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-29531011	1	9,456 ft	Apr 2010	Aug 2010	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 (212)

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

212 months


Aug 2010	100	0	73.68	4.42	$7,368
Jul 2010	0	0	72.55	4.74	$0
Jun 2010	0	0	70.36	4.91	$0
May 2010	0	0	71.12	4.24	$0
Apr 2010	0	0	81.69	4.12	$0
Mar 2010	0	154	78.39	4.39	$676
Feb 2010	0	645	73.58	5.44	$3,510
Jan 2010	0	662	74.36	5.96	$3,948
Dec 2009	0	794	71.44	5.48	$4,354
Nov 2009	0	1,020	74.59	3.75	$3,827
Oct 2009	0	1,068	72.54	4.11	$4,390
Sep 2009	0	1,025	65.54	3.06	$3,141
Aug 2009	0	1,076	67.42	3.22	$3,463
Jul 2009	195	1,076	61.13	3.46	$15,648
Jun 2009	0	1,048	66.16	3.90	$4,082
May 2009	0	1,072	54.74	3.93	$4,208
Apr 2009	0	958	46.77	3.59	$3,437
Mar 2009	0	993	42.14	4.06	$4,031
Feb 2009	0	914	32.81	4.63	$4,235
Jan 2009	0	1,098	35.86	5.37	$5,897
Dec 2008	0	986	37.10	5.98	$5,893
Nov 2008	0	896	55.49	6.86	$6,147
Oct 2008	0	1,060	75.24	6.92	$7,337
Sep 2008	0	1,053	101.76	7.88	$8,295
Aug 2008	0	3,983	114.22	8.48	$33,788
Jul 2008	0	1,150	131.08	11.39	$13,098
Jun 2008	0	1,107	131.33	13.03	$14,427
May 2008	0	952	123.17	11.57	$11,019
Apr 2008	0	1,042	110.31	10.45	$10,894
Mar 2008	192	933	101.90	9.66	$28,581
Feb 2008	0	955	92.53	8.77	$8,376
Jan 2008	0	1,134	90.38	8.21	$9,305
Dec 2007	0	1,153	88.33	7.30	$8,419
Nov 2007	0	1,216	91.67	7.29	$8,867
Oct 2007	0	1,360	82.85	6.92	$9,414
Sep 2007	0	1,716	75.84	6.24	$10,715
Aug 2007	0	1,079	69.06	6.39	$6,893
Jul 2007	0	226	70.90	6.39	$1,444
Jun 2007	0	1,223	62.00	7.55	$9,232
May 2007	0	1,168	58.74	7.85	$9,164
Apr 2007	0	961	59.61	7.81	$7,501
Mar 2007	0	1,002	56.92	7.30	$7,317
Feb 2007	0	970	55.10	8.22	$7,970
Jan 2007	0	1,118	50.30	6.73	$7,521
Dec 2006	0	1,098	56.65	6.92	$7,596
Nov 2006	0	1,154	54.20	7.62	$8,791
Oct 2006	206	1,225	54.90	6.01	$18,676
Sep 2006	0	1,230	60.08	5.04	$6,196
Aug 2006	0	1,229	68.71	7.34	$9,021
Jul 2006	0	1,251	69.37	6.34	$7,935
Jun 2006	0	1,193	66.28	6.38	$7,616
May 2006	0	1,144	66.01	6.42	$7,350
Apr 2006	0	1,145	64.39	7.36	$8,428
Mar 2006	0	1,206	56.70	7.08	$8,542
Feb 2006	0	1,058	57.59	7.75	$8,201
Jan 2006	0	1,089	60.59	8.93	$9,728
Dec 2005	0	1,164	54.94	13.42	$15,616
Nov 2005	0	1,209	54.69	10.59	$12,801
Oct 2005	200	1,235	58.34	13.80	$28,706
Sep 2005	0	1,223	61.45	12.08	$14,773
Aug 2005	0	1,269	61.51	9.80	$12,432
Jul 2005	0	1,253	55.69	7.84	$9,828
Jun 2005	0	1,259	52.33	7.38	$9,293
May 2005	0	982	45.22	6.65	$6,531
Apr 2005	0	1,199	49.20	7.36	$8,825
Mar 2005	0	1,050	50.37	7.15	$7,513
Feb 2005	0	1,047	45.22	6.31	$6,609
Jan 2005	0	1,018	43.16	6.32	$6,436
Dec 2004	0	1,202	39.86	6.75	$8,115
Nov 2004	0	1,149	45.28	6.33	$7,274
Oct 2004	0	1,314	49.70	6.52	$8,561
Sep 2004	0	1,222	43.24	5.28	$6,457
Aug 2004	204	1,269	42.37	5.55	$15,687
Jul 2004	0	1,313	38.28	6.08	$7,989
Jun 2004	0	1,230	36.10	6.43	$7,913
May 2004	0	1,249	37.48	6.49	$8,112
Apr 2004	0	1,266	34.47	5.86	$7,417
Mar 2004	0	1,249	34.36	5.53	$6,907
Feb 2004	0	1,118	32.45	5.51	$6,160
Jan 2004	0	971	32.03	6.30	$6,117
Dec 2003	0	1,168	30.26	6.30	$7,360
Nov 2003	0	1,135	28.80	4.60	$5,216
Oct 2003	0	1,340	28.17	4.76	$6,378
Sep 2003	0	1,317	26.31	4.75	$6,255
Aug 2003	0	1,237	29.76	5.13	$6,345
Jul 2003	0	1,328	29.41	5.17	$6,867
Jun 2003	0	1,114	28.56	5.98	$6,665
May 2003	194	1,332	26.59	5.97	$13,114
Apr 2003	0	1,356	26.67	5.41	$7,332
Mar 2003	0	1,340	31.14	6.10	$8,169
Feb 2003	0	1,230	33.48	7.93	$9,749
Jan 2003	0	1,365	30.31	5.58	$7,619
Dec 2002	0	1,467	26.91	4.85	$7,120
Nov 2002	0	1,450	24.66	4.14	$5,999
Oct 2002	0	1,505	26.46	4.23	$6,365
Sep 2002	0	1,389	27.44	3.64	$5,049
Aug 2002	0	1,367	25.96	3.16	$4,325
Jul 2002	0	1,447	24.58	3.06	$4,430
Jun 2002	0	1,500	23.73	3.34	$5,007
May 2002	193	1,555	24.66	3.58	$10,333
Apr 2002	0	1,421	23.65	3.51	$4,991
Mar 2002	0	1,454	22.00	3.10	$4,511
Feb 2002	0	1,289	18.22	2.38	$3,062
Jan 2002	0	1,481	17.17	2.38	$3,518
Dec 2001	0	1,470	16.93	2.36	$3,476
Nov 2001	0	1,443	18.07	2.41	$3,471
Oct 2001	0	1,550	19.78	2.53	$3,920
Sep 2001	0	1,472	24.26	2.25	$3,314
Aug 2001	0	1,462	24.87	3.05	$4,464
Jul 2001	0	1,455	23.93	3.20	$4,652
Jun 2001	0	1,066	24.56	3.82	$4,077
May 2001	194	1,459	25.52	4.31	$11,235
Apr 2001	0	1,280	24.68	5.34	$6,829
Mar 2001	0	1,467	24.54	5.38	$7,887
Feb 2001	0	1,499	27.75	5.77	$8,645
Jan 2001	0	1,441	27.47	8.40	$12,103
Dec 2000	0	1,422	26.88	9.12	$12,972
Nov 2000	0	1,527	32.21	5.66	$8,640
Oct 2000	0	474	31.23	5.15	$2,439
Sep 2000	0	1,584	31.87	5.19	$8,215
Aug 2000	0	1,666	29.64	4.54	$7,565
Jul 2000	0	1,670	28.53	4.09	$6,830
Jun 2000	0	1,586	29.30	4.40	$6,974
May 2000	183	1,646	27.26	3.68	$11,045
Apr 2000	0	1,412	24.51	3.12	$4,400
Mar 2000	0	1,561	28.42	2.86	$4,464
Feb 2000	0	1,617	27.62	2.73	$4,409
Jan 2000	0	1,571	25.27	2.48	$3,897
Dec 1999	18	1,694	24.28	2.42	$4,543
Nov 1999	0	1,715	23.19	2.43	$4,174
Oct 1999	0	1,825	20.98	2.80	$5,117
Sep 1999	81	1,774	21.75	2.62	$6,408
Aug 1999	0	1,854	19.26	2.88	$5,331
Jul 1999	196	1,873	17.89	2.37	$7,950
Jun 1999	0	1,874	15.94	2.36	$4,427
May 1999	0	1,806	15.79	2.32	$4,192
Apr 1999	0	1,821	15.10	2.21	$4,021
Mar 1999	0	2,486	12.47	1.84	$4,570
Feb 1999	0	945	9.98	1.82	$1,718
Jan 1999	0	1,331	10.38	1.90	$2,529
Dec 1998	0	2,397	9.20	1.77	$4,251
Nov 1998	187	1,254	10.89	2.19	$4,777
Oct 1998	0	1,491	12.42	1.97	$2,936
Sep 1998	0	1,763	12.59	2.08	$3,672
Aug 1998	0	1,857	11.30	1.91	$3,542
Jul 1998	0	2,021	11.74	2.24	$4,522
Jun 1998	0	1,940	11.24	2.24	$4,340
May 1998	186	2,315	12.62	2.21	$7,455
Apr 1998	0	2,295	13.04	2.51	$5,750
Mar 1998	0	2,476	12.80	2.31	$5,718
Feb 1998	0	1,913	13.95	2.30	$4,398
Jan 1998	0	2,231	14.70	2.15	$4,807
Dec 1997	0	1,614	16.32	2.41	$3,892
Nov 1997	0	1,629	18.19	3.09	$5,031
Oct 1997	0	1,209	19.25	3.15	$3,808
Sep 1997	0	1,545	17.74	2.95	$4,565
Aug 1997	0	2,034	17.86	2.55	$5,196
Jul 1997	0	2,022	17.58	2.25	$4,543
Jun 1997	0	1,844	17.24	2.26	$4,162
May 1997	0	1,888	18.97	2.31	$4,358
Apr 1997	202	1,701	17.88	2.08	$7,155
Mar 1997	0	2,105	18.95	1.94	$4,082
Feb 1997	0	1,726	20.49	2.21	$3,807
Jan 1997	0	2,037	23.48	3.54	$7,210
Dec 1996	0	2,063	23.32	—	$0
Nov 1996	0	1,982	21.97	—	$0
Oct 1996	0	2,131	23.31	—	$0
Sep 1996	0	2,177	22.22	—	$0
Aug 1996	183	2,326	20.26	—	$3,708
Jul 1996	0	2,525	19.55	—	$0
Jun 1996	0	2,767	18.73	—	$0
May 1996	0	2,377	19.43	—	$0
Apr 1996	0	2,655	21.51	—	$0
Mar 1996	198	2,561	19.38	—	$3,837
Feb 1996	0	2,205	16.98	—	$0
Jan 1996	0	2,087	17.07	—	$0
Dec 1995	0	2,534	17.19	—	$0
Nov 1995	0	2,224	16.00	—	$0
Oct 1995	0	2,527	15.43	—	$0
Sep 1995	0	2,970	16.18	—	$0
Aug 1995	0	1,931	15.92	—	$0
Jul 1995	145	2,317	15.24	—	$2,210
Jun 1995	133	2,589	16.41	—	$2,183
May 1995	0	2,645	17.56	—	$0
Apr 1995	0	2,693	17.73	—	$0
Mar 1995	0	2,706	16.44	—	$0
Feb 1995	0	3,114	16.58	—	$0
Jan 1995	0	1,542	15.92	—	$0
Dec 1994	0	2,268	15.03	—	$0
Nov 1994	0	1,950	15.90	—	$0
Oct 1994	0	2,180	15.58	—	$0
Sep 1994	0	2,027	15.29	—	$0
Aug 1994	0	2,152	16.13	—	$0
Jul 1994	0	1,754	17.56	—	$0
Jun 1994	0	2,282	17.09	—	$0
May 1994	191	2,748	15.88	—	$3,033
Apr 1994	0	3,549	14.14	—	$0
Mar 1994	0	2,728	12.46	—	$0
Feb 1994	0	2,483	12.50	—	$0
Jan 1994	0	2,026	12.66	—	$0
Dec 1993	0	3,226	12.33	—	$0
Nov 1993	0	2,683	14.49	—	$0
Oct 1993	0	3,118	15.85	—	$0
Sep 1993	190	2,194	15.03	—	$2,856
Aug 1993	0	2,714	15.66	—	$0
Jul 1993	0	2,982	15.46	—	$0
Jun 1993	0	2,570	16.79	—	$0
May 1993	0	2,605	17.68	—	$0
Apr 1993	0	2,029	18.05	—	$0
Mar 1993	0	2,480	18.14	—	$0
Feb 1993	0	2,780	17.90	—	$0
Jan 1993	0	3,995	16.93	—	$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.

Aug 2010 — as filed, then multipliedworked

Condensate           100 bbl  × $ 73.68 =     $7,368
Gas                    0 Mcf  × $  4.42 =         $0

────────────────────────────────────────────────────
Month total                                   $7,368

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/115476 is the state's own key, not one this site invented.