PRICE

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

Operated by MEWBOURNE OIL COMPANY (P-5 562560) in the LIPSCOMB (CLEVELAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 144689District 10Field 53869270CondensateGasSave Export

Value, all time

$1.3 M

Jan 1993 – Mar 2013

Value, last 12 filed months

$9 k

at the published price for each month

Months reported

243

no gaps in the span

Streams

condensate, gas

The LIPSCOMB (CLEVELAND) 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 1,389 leases and 1,486 wells, and the rule below applies to all of them.

Discovered

1958-05-24

as the register files it

Field class

Oil and gas

the register's own label

Between wells

0 ft

minimum

From a lease line

330 ft

minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2013-08-06.

The Commission's schedule remark for this field reads: “FIELD”

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	2,690 bbl	$80,021
Gas	Production	381,975 Mcf	$1,241,237
Total			$1,321,258

132,161 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 36.2632, -100.1170. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.26318, -100.11701 · 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

9,100 ft

1 wells filed one

Completion to plug

21.2 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 9,100 ft.

Completions filed

Jan 1992

1 of 1 wells

Plug dates filed

Mar 2013

1 of 1 wells

Last completion to plug: a median of 21.2 years across the 1 well that filed both dates, with the middle half between 21.2 years and 21.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-29530608	1	9,100 ft	Jan 1992	Mar 2013	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 (243)

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

243 months


Mar 2013	92	0	93.62	3.91	$8,613
Feb 2013	0	28	91.23	3.42	$96
Jan 2013	0	22	91.60	3.42	$75
Dec 2012	0	0	86.77	3.42	$0
Nov 2012	0	12	86.95	3.62	$44
Oct 2012	0	0	89.38	3.40	$0
Sep 2012	0	30	94.67	2.92	$88
Aug 2012	0	31	92.66	2.91	$90
Jul 2012	0	15	85.13	3.02	$45
Jun 2012	0	0	79.82	2.52	$0
May 2012	0	14	91.61	2.49	$35
Apr 2012	0	1	101.65	2.00	$2
Mar 2012	0	31	105.05	2.22	$69
Feb 2012	0	15	101.10	2.57	$39
Jan 2012	0	0	98.09	2.73	$0
Dec 2011	0	32	96.87	3.24	$104
Nov 2011	0	0	95.72	3.31	$0
Oct 2011	0	31	84.98	3.65	$113
Sep 2011	0	18	83.62	3.99	$72
Aug 2011	0	0	83.40	4.15	$0
Jul 2011	0	31	94.14	4.52	$140
Jun 2011	0	10	92.90	4.64	$46
May 2011	0	0	98.13	4.40	$0
Apr 2011	0	0	105.96	4.33	$0
Mar 2011	0	25	96.36	4.06	$101
Feb 2011	0	40	85.64	4.18	$167
Jan 2011	0	103	86.50	4.59	$473
Dec 2010	0	73	85.73	4.35	$317
Nov 2010	0	69	80.84	3.80	$262
Oct 2010	0	87	78.10	3.51	$305
Sep 2010	0	348	72.63	3.98	$1,385
Aug 2010	0	735	73.68	4.42	$3,248
Jul 2010	0	361	72.55	4.74	$1,710
Jun 2010	0	412	70.36	4.91	$2,023
May 2010	0	537	71.12	4.24	$2,274
Apr 2010	0	535	81.69	4.12	$2,206
Mar 2010	0	735	78.39	4.39	$3,226
Feb 2010	0	437	73.58	5.44	$2,378
Jan 2010	0	637	74.36	5.96	$3,799
Dec 2009	0	617	71.44	5.48	$3,383
Nov 2009	0	868	74.59	3.75	$3,256
Oct 2009	0	637	72.54	4.11	$2,618
Sep 2009	0	657	65.54	3.06	$2,014
Aug 2009	0	880	67.42	3.22	$2,832
Jul 2009	0	1,061	61.13	3.46	$3,676
Jun 2009	0	883	66.16	3.90	$3,439
May 2009	0	1,078	54.74	3.93	$4,232
Apr 2009	0	555	46.77	3.59	$1,991
Mar 2009	0	905	42.14	4.06	$3,673
Feb 2009	184	305	32.81	4.63	$7,450
Jan 2009	0	1,142	35.86	5.37	$6,134
Dec 2008	0	1,375	37.10	5.98	$8,219
Nov 2008	0	1,522	55.49	6.86	$10,441
Oct 2008	0	1,676	75.24	6.92	$11,601
Sep 2008	0	1,410	101.76	7.88	$11,107
Aug 2008	0	1,160	114.22	8.48	$9,840
Jul 2008	0	1,072	131.08	11.39	$12,209
Jun 2008	0	1,055	131.33	13.03	$13,749
May 2008	0	1,126	123.17	11.57	$13,033
Apr 2008	0	1,208	110.31	10.45	$12,629
Mar 2008	0	1,582	101.90	9.66	$15,289
Feb 2008	0	1,550	92.53	8.77	$13,594
Jan 2008	0	2,112	90.38	8.21	$17,331
Dec 2007	0	1,310	88.33	7.30	$9,566
Nov 2007	0	1,431	91.67	7.29	$10,434
Oct 2007	0	1,784	82.85	6.92	$12,349
Sep 2007	0	2,101	75.84	6.24	$13,119
Aug 2007	0	2,427	69.06	6.39	$15,504
Jul 2007	0	1,130	70.90	6.39	$7,218
Jun 2007	185	484	62.00	7.55	$15,123
May 2007	0	841	58.74	7.85	$6,599
Apr 2007	0	2,046	59.61	7.81	$15,969
Mar 2007	0	2,154	56.92	7.30	$15,728
Feb 2007	0	1,938	55.10	8.22	$15,923
Jan 2007	0	2,117	50.30	6.73	$14,241
Dec 2006	0	1,846	56.65	6.92	$12,771
Nov 2006	0	2,194	54.20	7.62	$16,713
Oct 2006	0	2,377	54.90	6.01	$14,295
Sep 2006	0	1,902	60.08	5.04	$9,581
Aug 2006	0	1,355	68.71	7.34	$9,946
Jul 2006	0	1,451	69.37	6.34	$9,203
Jun 2006	0	1,994	66.28	6.38	$12,729
May 2006	0	2,075	66.01	6.42	$13,332
Apr 2006	186	2,210	64.39	7.36	$28,243
Mar 2006	0	2,252	56.70	7.08	$15,951
Feb 2006	0	2,086	57.59	7.75	$16,169
Jan 2006	0	2,150	60.59	8.93	$19,207
Dec 2005	0	1,855	54.94	13.42	$24,886
Nov 2005	0	2,217	54.69	10.59	$23,474
Oct 2005	0	2,423	58.34	13.80	$33,427
Sep 2005	0	1,008	61.45	12.08	$12,176
Aug 2005	0	1,164	61.51	9.80	$11,404
Jul 2005	0	883	55.69	7.84	$6,926
Jun 2005	0	908	52.33	7.38	$6,702
May 2005	0	621	45.22	6.65	$4,130
Apr 2005	0	593	49.20	7.36	$4,365
Mar 2005	0	715	50.37	7.15	$5,116
Feb 2005	0	433	45.22	6.31	$2,733
Jan 2005	0	478	43.16	6.32	$3,022
Dec 2004	0	472	39.86	6.75	$3,187
Nov 2004	0	513	45.28	6.33	$3,248
Oct 2004	0	802	49.70	6.52	$5,225
Sep 2004	0	696	43.24	5.28	$3,678
Aug 2004	185	737	42.37	5.55	$11,929
Jul 2004	0	736	38.28	6.08	$4,478
Jun 2004	0	1,215	36.10	6.43	$7,816
May 2004	0	1,261	37.48	6.49	$8,190
Apr 2004	0	1,061	34.47	5.86	$6,216
Mar 2004	0	1,158	34.36	5.53	$6,404
Feb 2004	0	1,160	32.45	5.51	$6,391
Jan 2004	0	1,606	32.03	6.30	$10,117
Dec 2003	0	538	30.26	6.30	$3,390
Nov 2003	0	1,032	28.80	4.60	$4,742
Oct 2003	0	1,292	28.17	4.76	$6,149
Sep 2003	0	445	26.31	4.75	$2,113
Aug 2003	0	45	29.76	5.13	$231
Jul 2003	0	1,297	29.41	5.17	$6,707
Jun 2003	0	2,756	28.56	5.98	$16,489
May 2003	0	2,002	26.59	5.97	$11,957
Apr 2003	0	873	26.67	5.41	$4,721
Mar 2003	0	2,201	31.14	6.10	$13,417
Feb 2003	0	2,952	33.48	7.93	$23,397
Jan 2003	0	1,081	30.31	5.58	$6,034
Dec 2002	0	2,388	26.91	4.85	$11,591
Nov 2002	0	2,167	24.66	4.14	$8,965
Oct 2002	0	2,037	26.46	4.23	$8,615
Sep 2002	158	1,334	27.44	3.64	$9,185
Aug 2002	0	2,446	25.96	3.16	$7,740
Jul 2002	0	2,333	24.58	3.06	$7,143
Jun 2002	0	2,222	23.73	3.34	$7,418
May 2002	0	2,577	24.66	3.58	$9,236
Apr 2002	0	2,853	23.65	3.51	$10,021
Mar 2002	0	1,146	22.00	3.10	$3,556
Feb 2002	0	1,350	18.22	2.38	$3,207
Jan 2002	0	1,538	17.17	2.38	$3,654
Dec 2001	0	2,608	16.93	2.36	$6,166
Nov 2001	0	1,405	18.07	2.41	$3,380
Oct 2001	7	116	19.78	2.53	$432
Sep 2001	0	516	24.26	2.25	$1,162
Aug 2001	0	2,331	24.87	3.05	$7,117
Jul 2001	0	2,504	23.93	3.20	$8,005
Jun 2001	0	1,452	24.56	3.82	$5,553
May 2001	0	2,053	25.52	4.31	$8,843
Apr 2001	0	1,277	24.68	5.34	$6,813
Mar 2001	175	1,715	24.54	5.38	$13,515
Feb 2001	0	1,265	27.75	5.77	$7,295
Jan 2001	0	1,877	27.47	8.40	$15,764
Dec 2000	0	1,883	26.88	9.12	$17,178
Nov 2000	0	896	32.21	5.66	$5,070
Oct 2000	0	1,003	31.23	5.15	$5,161
Sep 2000	0	1,777	31.87	5.19	$9,216
Aug 2000	0	1,967	29.64	4.54	$8,932
Jul 2000	0	2,213	28.53	4.09	$9,051
Jun 2000	0	1,263	29.30	4.40	$5,554
May 2000	0	1,595	27.26	3.68	$5,869
Apr 2000	0	1,807	24.51	3.12	$5,631
Mar 2000	0	1,143	28.42	2.86	$3,269
Feb 2000	0	1,154	27.62	2.73	$3,146
Jan 2000	0	1,266	25.27	2.48	$3,140
Dec 1999	189	1,325	24.28	2.42	$7,800
Nov 1999	0	1,285	23.19	2.43	$3,128
Oct 1999	0	1,547	20.98	2.80	$4,337
Sep 1999	0	2,039	21.75	2.62	$5,340
Aug 1999	0	1,860	19.26	2.88	$5,349
Jul 1999	0	2,472	17.89	2.37	$5,865
Jun 1999	0	1,846	15.94	2.36	$4,360
May 1999	0	2,360	15.79	2.32	$5,478
Apr 1999	0	1,859	15.10	2.21	$4,105
Mar 1999	0	1,877	12.47	1.84	$3,451
Feb 1999	0	2,051	9.98	1.82	$3,728
Jan 1999	190	1,569	10.38	1.90	$4,953
Dec 1998	0	1,497	9.20	1.77	$2,655
Nov 1998	0	1,787	10.89	2.19	$3,906
Oct 1998	0	2,118	12.42	1.97	$4,171
Sep 1998	0	1,698	12.59	2.08	$3,536
Aug 1998	0	2,197	11.30	1.91	$4,190
Jul 1998	0	2,095	11.74	2.24	$4,687
Jun 1998	0	1,862	11.24	2.24	$4,166
May 1998	0	2,225	12.62	2.21	$4,909
Apr 1998	0	2,734	13.04	2.51	$6,850
Mar 1998	0	2,185	12.80	2.31	$5,046
Feb 1998	0	1,999	13.95	2.30	$4,596
Jan 1998	0	2,190	14.70	2.15	$4,719
Dec 1997	0	2,361	16.32	2.41	$5,693
Nov 1997	180	2,176	18.19	3.09	$9,994
Oct 1997	0	2,380	19.25	3.15	$7,497
Sep 1997	0	2,531	17.74	2.95	$7,479
Aug 1997	0	2,410	17.86	2.55	$6,157
Jul 1997	0	1,899	17.58	2.25	$4,267
Jun 1997	0	2,445	17.24	2.26	$5,519
May 1997	0	1,807	18.97	2.31	$4,171
Apr 1997	188	1,711	17.88	2.08	$6,925
Mar 1997	0	2,122	18.95	1.94	$4,115
Feb 1997	0	1,612	20.49	2.21	$3,556
Jan 1997	0	1,431	23.48	3.54	$5,065
Dec 1996	0	1,788	23.32	—	$0
Nov 1996	0	1,978	21.97	—	$0
Oct 1996	0	2,047	23.31	—	$0
Sep 1996	0	2,260	22.22	—	$0
Aug 1996	0	2,443	20.26	—	$0
Jul 1996	0	2,608	19.55	—	$0
Jun 1996	179	2,215	18.73	—	$3,353
May 1996	0	1,795	19.43	—	$0
Apr 1996	0	2,945	21.51	—	$0
Mar 1996	0	1,101	19.38	—	$0
Feb 1996	0	2,776	16.98	—	$0
Jan 1996	0	2,777	17.07	—	$0
Dec 1995	0	2,131	17.19	—	$0
Nov 1995	0	3,604	16.00	—	$0
Oct 1995	0	2,840	15.43	—	$0
Sep 1995	0	2,500	16.18	—	$0
Aug 1995	0	2,774	15.92	—	$0
Jul 1995	179	2,286	15.24	—	$2,728
Jun 1995	0	1,265	16.41	—	$0
May 1995	0	2,447	17.56	—	$0
Apr 1995	0	2,003	17.73	—	$0
Mar 1995	0	2,491	16.44	—	$0
Feb 1995	0	2,691	16.58	—	$0
Jan 1995	0	2,347	15.92	—	$0
Dec 1994	0	2,228	15.03	—	$0
Nov 1994	0	2,226	15.90	—	$0
Oct 1994	180	2,730	15.58	—	$2,804
Sep 1994	0	2,708	15.29	—	$0
Aug 1994	0	3,596	16.13	—	$0
Jul 1994	0	3,148	17.56	—	$0
Jun 1994	0	4,106	17.09	—	$0
May 1994	0	3,506	15.88	—	$0
Apr 1994	0	2,743	14.14	—	$0
Mar 1994	0	3,418	12.46	—	$0
Feb 1994	0	2,732	12.50	—	$0
Jan 1994	180	3,203	12.66	—	$2,279
Dec 1993	0	2,956	12.33	—	$0
Nov 1993	0	3,221	14.49	—	$0
Oct 1993	0	3,365	15.85	—	$0
Sep 1993	0	3,278	15.03	—	$0
Aug 1993	0	3,471	15.66	—	$0
Jul 1993	0	3,655	15.46	—	$0
Jun 1993	0	3,350	16.79	—	$0
May 1993	0	2,949	17.68	—	$0
Apr 1993	53	3,623	18.05	—	$957
Mar 1993	0	3,438	18.14	—	$0
Feb 1993	0	3,442	17.90	—	$0
Jan 1993	0	2,957	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.

Mar 2013 — as filed, then multipliedworked

Condensate            92 bbl  × $ 93.62 =     $8,613
Gas                    0 Mcf  × $  3.91 =         $0

────────────────────────────────────────────────────
Month total                                   $8,613

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/144689 is the state's own key, not one this site invented.