LANDERS

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

Operated by VINTAGE PETROLEUM, LLC (P-5 886207) in the STRAT LAND (MORROW LOWER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 124350District 10Field 86490500CondensateGasSave Export

Value, all time

$565 k

Jan 1993 – Sep 2008

Value, last 12 filed months

$1 k

at the published price for each month

Months reported

189

no gaps in the span

Streams

condensate, gas

The STRAT LAND (MORROW LOWER) 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 3 leases and 3 wells, and the rule below applies to all of them.

Discovered

1985-01-02

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 EFFECTIVE 01/01/88.”

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	13 bbl	$1,203
Gas	Production	289,937 Mcf	$563,623
Total			$564,826

125,415 Mcf of this lease's gas, across 46 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 36.1197, -100.5410. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.11974, -100.54098 · 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

11,170 ft

1 wells filed one

Completion to plug

3.4 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 11,170 ft.

Completions filed

Oct 2004

1 of 1 wells

Plug dates filed

Mar 2008

1 of 1 wells

Last completion to plug: a median of 3.4 years across the 1 well that filed both dates, with the middle half between 3.4 years and 3.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-29531720	1235	11,170 ft	Oct 2004	Mar 2008	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 (189)

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

189 months


Sep 2008	0	0	101.76	7.88	$0
Aug 2008	0	0	114.22	8.48	$0
Jul 2008	0	0	131.08	11.39	$0
Jun 2008	0	0	131.33	13.03	$0
May 2008	0	0	123.17	11.57	$0
Apr 2008	0	0	110.31	10.45	$0
Mar 2008	0	0	101.90	9.66	$0
Feb 2008	13	0	92.53	8.77	$1,203
Jan 2008	0	0	90.38	8.21	$0
Dec 2007	0	0	88.33	7.30	$0
Nov 2007	0	0	91.67	7.29	$0
Oct 2007	0	0	82.85	6.92	$0
Sep 2007	0	0	75.84	6.24	$0
Aug 2007	0	0	69.06	6.39	$0
Jul 2007	0	0	70.90	6.39	$0
Jun 2007	0	0	62.00	7.55	$0
May 2007	0	0	58.74	7.85	$0
Apr 2007	0	0	59.61	7.81	$0
Mar 2007	0	0	56.92	7.30	$0
Feb 2007	0	0	55.10	8.22	$0
Jan 2007	0	0	50.30	6.73	$0
Dec 2006	0	0	56.65	6.92	$0
Nov 2006	0	0	54.20	7.62	$0
Oct 2006	0	0	54.90	6.01	$0
Sep 2006	0	0	60.08	5.04	$0
Aug 2006	0	0	68.71	7.34	$0
Jul 2006	0	0	69.37	6.34	$0
Jun 2006	0	0	66.28	6.38	$0
May 2006	0	0	66.01	6.42	$0
Apr 2006	0	0	64.39	7.36	$0
Mar 2006	0	0	56.70	7.08	$0
Feb 2006	0	0	57.59	7.75	$0
Jan 2006	0	0	60.59	8.93	$0
Dec 2005	0	0	54.94	13.42	$0
Nov 2005	0	0	54.69	10.59	$0
Oct 2005	0	0	58.34	13.80	$0
Sep 2005	0	0	61.45	12.08	$0
Aug 2005	0	0	61.51	9.80	$0
Jul 2005	0	0	55.69	7.84	$0
Jun 2005	0	0	52.33	7.38	$0
May 2005	0	0	45.22	6.65	$0
Apr 2005	0	0	49.20	7.36	$0
Mar 2005	0	0	50.37	7.15	$0
Feb 2005	0	0	45.22	6.31	$0
Jan 2005	0	0	43.16	6.32	$0
Dec 2004	0	0	39.86	6.75	$0
Nov 2004	0	0	45.28	6.33	$0
Oct 2004	0	0	49.70	6.52	$0
Sep 2004	0	217	43.24	5.28	$1,147
Aug 2004	0	770	42.37	5.55	$4,274
Jul 2004	0	790	38.28	6.08	$4,807
Jun 2004	0	993	36.10	6.43	$6,388
May 2004	0	673	37.48	6.49	$4,371
Apr 2004	0	719	34.47	5.86	$4,212
Mar 2004	0	595	34.36	5.53	$3,290
Feb 2004	0	846	32.45	5.51	$4,661
Jan 2004	0	885	32.03	6.30	$5,575
Dec 2003	0	788	30.26	6.30	$4,966
Nov 2003	0	605	28.80	4.60	$2,780
Oct 2003	0	793	28.17	4.76	$3,774
Sep 2003	0	1,212	26.31	4.75	$5,756
Aug 2003	0	703	29.76	5.13	$3,606
Jul 2003	0	466	29.41	5.17	$2,410
Jun 2003	0	742	28.56	5.98	$4,439
May 2003	0	696	26.59	5.97	$4,157
Apr 2003	0	982	26.67	5.41	$5,310
Mar 2003	0	1,292	31.14	6.10	$7,876
Feb 2003	0	1,166	33.48	7.93	$9,242
Jan 2003	0	1,677	30.31	5.58	$9,361
Dec 2002	0	1,798	26.91	4.85	$8,727
Nov 2002	0	1,751	24.66	4.14	$7,244
Oct 2002	0	1,847	26.46	4.23	$7,811
Sep 2002	0	1,855	27.44	3.64	$6,743
Aug 2002	0	1,895	25.96	3.16	$5,996
Jul 2002	0	1,559	24.58	3.06	$4,773
Jun 2002	0	1,282	23.73	3.34	$4,280
May 2002	0	1,599	24.66	3.58	$5,731
Apr 2002	0	1,316	23.65	3.51	$4,622
Mar 2002	0	854	22.00	3.10	$2,650
Feb 2002	0	940	18.22	2.38	$2,233
Jan 2002	0	1,541	17.17	2.38	$3,661
Dec 2001	0	1,574	16.93	2.36	$3,722
Nov 2001	0	1,404	18.07	2.41	$3,377
Oct 2001	0	1,458	19.78	2.53	$3,687
Sep 2001	0	1,548	24.26	2.25	$3,485
Aug 2001	0	1,515	24.87	3.05	$4,626
Jul 2001	0	1,748	23.93	3.20	$5,589
Jun 2001	0	1,894	24.56	3.82	$7,243
May 2001	0	2,074	25.52	4.31	$8,933
Apr 2001	0	1,997	24.68	5.34	$10,655
Mar 2001	0	2,034	24.54	5.38	$10,936
Feb 2001	0	1,831	27.75	5.77	$10,560
Jan 2001	0	2,076	27.47	8.40	$17,436
Dec 2000	0	1,892	26.88	9.12	$17,260
Nov 2000	0	2,017	32.21	5.66	$11,412
Oct 2000	0	2,107	31.23	5.15	$10,842
Sep 2000	0	1,997	31.87	5.19	$10,357
Aug 2000	0	2,141	29.64	4.54	$9,722
Jul 2000	0	2,079	28.53	4.09	$8,503
Jun 2000	0	2,102	29.30	4.40	$9,243
May 2000	0	2,209	27.26	3.68	$8,129
Apr 2000	0	2,150	24.51	3.12	$6,699
Mar 2000	0	2,280	28.42	2.86	$6,520
Feb 2000	0	2,189	27.62	2.73	$5,968
Jan 2000	0	2,350	25.27	2.48	$5,829
Dec 1999	0	2,376	24.28	2.42	$5,759
Nov 1999	0	2,400	23.19	2.43	$5,842
Oct 1999	0	2,562	20.98	2.80	$7,183
Sep 1999	0	2,610	21.75	2.62	$6,835
Aug 1999	0	2,825	19.26	2.88	$8,124
Jul 1999	0	2,452	17.89	2.37	$5,817
Jun 1999	0	1,230	15.94	2.36	$2,905
May 1999	0	1,244	15.79	2.32	$2,887
Apr 1999	0	1,284	15.10	2.21	$2,835
Mar 1999	0	1,485	12.47	1.84	$2,730
Feb 1999	0	1,328	9.98	1.82	$2,414
Jan 1999	0	1,940	10.38	1.90	$3,686
Dec 1998	0	2,258	9.20	1.77	$4,004
Nov 1998	0	2,635	10.89	2.19	$5,759
Oct 1998	0	2,740	12.42	1.97	$5,396
Sep 1998	0	2,637	12.59	2.08	$5,492
Aug 1998	0	1,973	11.30	1.91	$3,763
Jul 1998	0	2,541	11.74	2.24	$5,685
Jun 1998	0	3,281	11.24	2.24	$7,340
May 1998	0	3,921	12.62	2.21	$8,651
Apr 1998	0	1,562	13.04	2.51	$3,913
Mar 1998	0	1,475	12.80	2.31	$3,406
Feb 1998	0	1,330	13.95	2.30	$3,058
Jan 1998	0	1,647	14.70	2.15	$3,549
Dec 1997	0	1,586	16.32	2.41	$3,824
Nov 1997	0	1,419	18.19	3.09	$4,382
Oct 1997	0	1,666	19.25	3.15	$5,248
Sep 1997	0	3,283	17.74	2.95	$9,701
Aug 1997	0	2,599	17.86	2.55	$6,640
Jul 1997	0	2,001	17.58	2.25	$4,496
Jun 1997	0	2,118	17.24	2.26	$4,781
May 1997	0	2,446	18.97	2.31	$5,647
Apr 1997	0	2,115	17.88	2.08	$4,405
Mar 1997	0	2,436	18.95	1.94	$4,724
Feb 1997	0	3,987	20.49	2.21	$8,795
Jan 1997	0	4,617	23.48	3.54	$16,343
Dec 1996	0	2,485	23.32	—	$0
Nov 1996	0	4,075	21.97	—	$0
Oct 1996	0	3,655	23.31	—	$0
Sep 1996	0	3,426	22.22	—	$0
Aug 1996	0	2,209	20.26	—	$0
Jul 1996	0	1,624	19.55	—	$0
Jun 1996	0	1,483	18.73	—	$0
May 1996	0	1,746	19.43	—	$0
Apr 1996	0	1,659	21.51	—	$0
Mar 1996	0	1,452	19.38	—	$0
Feb 1996	0	1,424	16.98	—	$0
Jan 1996	0	1,346	17.07	—	$0
Dec 1995	0	1,834	17.19	—	$0
Nov 1995	0	1,951	16.00	—	$0
Oct 1995	0	2,372	15.43	—	$0
Sep 1995	0	2,849	16.18	—	$0
Aug 1995	0	3,086	15.92	—	$0
Jul 1995	0	2,565	15.24	—	$0
Jun 1995	0	0	16.41	—	$0
May 1995	0	2,592	17.56	—	$0
Apr 1995	0	2,950	17.73	—	$0
Mar 1995	0	3,291	16.44	—	$0
Feb 1995	0	3,901	16.58	—	$0
Jan 1995	0	1,369	15.92	—	$0
Dec 1994	0	4,172	15.03	—	$0
Nov 1994	0	3,506	15.90	—	$0
Oct 1994	0	3,768	15.58	—	$0
Sep 1994	0	2,226	15.29	—	$0
Aug 1994	0	3,801	16.13	—	$0
Jul 1994	0	4,107	17.56	—	$0
Jun 1994	0	4,153	17.09	—	$0
May 1994	0	4,211	15.88	—	$0
Apr 1994	0	4,083	14.14	—	$0
Mar 1994	0	3,876	12.46	—	$0
Feb 1994	0	1,870	12.50	—	$0
Jan 1994	0	1,862	12.66	—	$0
Dec 1993	0	1,962	12.33	—	$0
Nov 1993	0	1,017	14.49	—	$0
Oct 1993	0	1,846	15.85	—	$0
Sep 1993	0	1,732	15.03	—	$0
Aug 1993	0	2,113	15.66	—	$0
Jul 1993	0	0	15.46	—	$0
Jun 1993	0	2,265	16.79	—	$0
May 1993	0	2,501	17.68	—	$0
Apr 1993	0	2,733	18.05	—	$0
Mar 1993	0	3,124	18.14	—	$0
Feb 1993	0	3,944	17.90	—	$0
Jan 1993	0	5,199	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.

Feb 2008 — as filed, then multipliedworked

Condensate            13 bbl  × $ 92.53 =     $1,203
Gas                    0 Mcf  × $  8.77 =         $0

────────────────────────────────────────────────────
Month total                                   $1,203

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/124350 is the state's own key, not one this site invented.