LANCE -B-

Operated by WILDHORSE OPERATING COMPANY (P-5 923452) in the FARNSWORTH (CLEVELAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 115965District 10Field 30273071NGPA filingCondensateGasSaveExport
Value, all time
$361 k
Jan 1993 – Oct 2011
Value, last 12 filed months
$0
at the published price for each month
Months reported
226
no gaps in the span
Streams
2
condensate, 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 9 leases and 9 wells, and the rule below applies to all of them.

Discovered
1961-06-01
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,320 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 320 acres.

The Commission's schedule remark for this field reads: SURVEY

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
CondensateDisposition128 bbl$6,300
GasProduction106,764 Mcf$354,240
Total$360,540

32,526 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 36.3135, -100.9076. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.31354, -100.90756 · 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
7,050 ft
1 wells filed one
Completion to plug
26.6 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 7,050 ft.

Completions filed
Mar 1985
1 of 1 wells
Plug dates filed
Oct 2011
1 of 1 wells

Last completion to plug: a median of 26.6 years across the 1 well that filed both dates, with the middle half between 26.6 years and 26.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3573163217,050 ftMar 1985Oct 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 (226)

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

226 months

Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100281.694.12$8
Mar 2010023978.394.39$1,049
Feb 2010021973.585.44$1,192
Jan 2010024574.365.96$1,461
Dec 2009024671.445.48$1,349
Nov 2009024574.593.75$919
Oct 2009024772.544.11$1,015
Sep 2009022365.543.06$683
Aug 2009022167.423.22$711
Jul 2009022361.133.46$773
Jun 2009022966.163.90$892
May 2009022054.743.93$864
Apr 2009021346.773.59$764
Mar 2009023042.144.06$934
Feb 2009020032.814.63$927
Jan 2009025435.865.37$1,364
Dec 2008023737.105.98$1,417
Nov 2008021055.496.86$1,441
Oct 2008021475.246.92$1,481
Sep 200840187101.767.88$5,543
Aug 20080197114.228.48$1,671
Jul 20080258131.0811.39$2,938
Jun 20080223131.3313.03$2,906
May 2008042123.1711.57$486
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 2007031862.007.55$2,400
May 2007041758.747.85$3,272
Apr 2007039859.617.81$3,106
Mar 2007041056.927.30$2,994
Feb 2007038955.108.22$3,196
Jan 2007043950.306.73$2,953
Dec 2006044356.656.92$3,065
Nov 2006043454.207.62$3,306
Oct 2006039754.906.01$2,387
Sep 2006039260.085.04$1,975
Aug 2006039168.717.34$2,870
Jul 2006039569.376.34$2,505
Jun 2006040666.286.38$2,592
May 2006044366.016.42$2,846
Apr 2006040564.397.36$2,981
Mar 2006046556.707.08$3,294
Feb 2006043457.597.75$3,364
Jan 2006047360.598.93$4,225
Dec 2005044454.9413.42$5,956
Nov 2005038054.6910.59$4,024
Oct 2005034058.3413.80$4,691
Sep 2005031561.4512.08$3,805
Aug 2005054161.519.80$5,300
Jul 2005042755.697.84$3,349
Jun 2005041852.337.38$3,085
May 2005039645.226.65$2,634
Apr 2005044149.207.36$3,246
Mar 2005044350.377.15$3,170
Feb 2005038445.226.31$2,424
Jan 2005042343.166.32$2,674
Dec 2004041839.866.75$2,822
Nov 2004040945.286.33$2,589
Oct 2004044649.706.52$2,906
Sep 2004051043.245.28$2,695
Aug 2004054742.375.55$3,036
Jul 2004057738.286.08$3,511
Jun 2004057036.106.43$3,667
May 2004058937.486.49$3,825
Apr 2004057534.475.86$3,369
Mar 2004058834.365.53$3,252
Feb 2004056132.455.51$3,091
Jan 2004059232.036.30$3,729
Dec 2003058830.266.30$3,705
Nov 2003057528.804.60$2,642
Oct 2003056628.174.76$2,694
Sep 2003051826.314.75$2,460
Aug 2003051929.765.13$2,662
Jul 2003057229.415.17$2,958
Jun 2003048828.565.98$2,920
May 2003048526.595.97$2,897
Apr 2003047826.675.41$2,585
Mar 2003057331.146.10$3,493
Feb 2003053033.487.93$4,201
Jan 2003060730.315.58$3,388
Dec 2002057226.914.85$2,776
Nov 2002059524.664.14$2,461
Oct 2002057626.464.23$2,436
Sep 2002057327.443.64$2,083
Aug 2002059225.963.16$1,873
Jul 2002067424.583.06$2,064
Jun 2002053323.733.34$1,779
May 2002066924.663.58$2,398
Apr 2002068823.653.51$2,416
Mar 2002068322.003.10$2,119
Feb 2002057118.222.38$1,357
Jan 2002065817.172.38$1,563
Dec 2001052916.932.36$1,251
Nov 2001028618.072.41$688
Oct 2001020719.782.53$523
Sep 2001042724.262.25$961
Aug 2001048324.873.05$1,475
Jul 2001093423.933.20$2,986
Jun 20010024.563.82$0
May 200101,01725.524.31$4,381
Apr 2001056924.685.34$3,036
Mar 2001048224.545.38$2,591
Feb 2001043327.755.77$2,497
Jan 2001062827.478.40$5,274
Dec 2000084226.889.12$7,681
Nov 200001,03232.215.66$5,839
Oct 200001,21831.235.15$6,267
Sep 200001,13331.875.19$5,876
Aug 200001,43629.644.54$6,521
Jul 200001,45628.534.09$5,955
Jun 200001,14429.304.40$5,030
May 200001,35827.263.68$4,997
Apr 200001,50424.513.12$4,686
Mar 200001,17828.422.86$3,369
Feb 2000681,09527.622.73$4,864
Jan 200001,09525.272.48$2,716
Dec 199901,36824.282.42$3,316
Nov 199901,47223.192.43$3,583
Oct 199901,40820.982.80$3,948
Sep 199901,88221.752.62$4,929
Aug 1999027419.262.88$788
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 199801112.421.97$22
Sep 1998050812.592.08$1,058
Aug 1998051611.301.91$984
Jul 1998051611.742.24$1,154
Jun 1998042111.242.24$942
May 1998050612.622.21$1,116
Apr 1998032913.042.51$824
Mar 1998039912.802.31$921
Feb 1998036713.952.30$844
Jan 1998037114.702.15$799
Dec 1997053016.322.41$1,278
Nov 1997044218.193.09$1,365
Oct 1997043019.253.15$1,354
Sep 1997043017.742.95$1,271
Aug 1997056617.862.55$1,446
Jul 19972050917.582.25$1,495
Jun 1997048117.242.26$1,086
May 1997047918.972.31$1,106
Apr 1997043117.882.08$898
Mar 1997050618.951.94$981
Feb 1997041620.492.21$918
Jan 1997049423.483.54$1,749
Dec 1996051323.32$0
Nov 1996052421.97$0
Oct 1996064123.31$0
Sep 1996052122.22$0
Aug 1996052520.26$0
Jul 1996053719.55$0
Jun 1996051418.73$0
May 1996055019.43$0
Apr 1996041821.51$0
Mar 1996049519.38$0
Feb 1996052116.98$0
Jan 1996055817.07$0
Dec 1995051617.19$0
Nov 1995042716.00$0
Oct 1995056215.43$0
Sep 1995057216.18$0
Aug 1995061615.92$0
Jul 1995064115.24$0
Jun 1995064716.41$0
May 1995062017.56$0
Apr 1995061317.73$0
Mar 1995063716.44$0
Feb 1995055916.58$0
Jan 1995067215.92$0
Dec 1994072515.03$0
Nov 1994071015.90$0
Oct 1994074715.58$0
Sep 1994069815.29$0
Aug 1994072316.13$0
Jul 1994075817.56$0
Jun 1994082117.09$0
May 1994073415.88$0
Apr 1994072214.14$0
Mar 1994076412.46$0
Feb 1994068912.50$0
Jan 1994074012.66$0
Dec 1993071212.33$0
Nov 1993077014.49$0
Oct 1993078715.85$0
Sep 1993078815.03$0
Aug 1993083115.66$0
Jul 1993080415.46$0
Jun 1993087516.79$0
May 199301,15917.68$0
Apr 1993091518.05$0
Mar 1993088718.14$0
Feb 1993075017.90$0
Jan 199301,01816.93$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.

Apr 2010 — as filed, then multipliedworked
Condensate             0 bbl  × $ 81.69 =         $0
Gas                    2 Mcf  × $  4.12 =         $8

────────────────────────────────────────────────────
Month total                                       $8

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/115965 is the state's own key, not one this site invented.