PEAK-BOURASSA

Operated by LE NORMAN OPERATING LLC (P-5 491579) in the BUFFALO WALLOW (GRANITE WASH) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 214763District 10Field 131472852 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.7 M
Jun 2005 – Dec 2017
Value, last 12 filed months
$0
at the published price for each month
Months reported
151
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 1,387 leases and 1,388 wells, and the rule below applies to all of them.

Discovered
1974-09-09
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 20 acres. The field rule took effect on 2016-03-29.

The Commission's schedule remark for this field reads: 01-30-2024

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
High Cost Gas112006-10-13168103
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
CondensateDisposition2,331 bbl$167,474
GasProduction225,938 Mcf$1,514,533
Total$1,682,007

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 35.6942, -100.3068. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.69419, -100.30677 · 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
12,065 ft
1 wells filed one
Completion to plug
3.3 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 12,065 ft.

Completions filed
May 2013
1 of 1 wells
Plug dates filed
Aug 2016
1 of 1 wells

Last completion to plug: a median of 3.3 years across the 1 well that filed both dates, with the middle half between 3.3 years and 3.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2113322630712,065 ftMay 2013Aug 2016Yes

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 (151)

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

151 months

Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 2016036736.561.99$731
Mar 2016045233.011.79$811
Feb 2016040626.472.06$838
Jan 2016047627.352.36$1,125
Dec 2015047932.362.00$959
Nov 2015049938.792.17$1,082
Oct 2015049443.552.43$1,199
Sep 2015044942.992.76$1,239
Aug 2015050040.162.87$1,436
Jul 2015052048.152.95$1,531
Jun 2015047256.152.88$1,361
May 2015045455.212.96$1,342
Apr 2015042449.822.71$1,148
Mar 2015044442.892.93$1,303
Feb 2015038644.662.98$1,149
Jan 20153647343.433.10$3,030
Dec 2014049654.693.59$1,781
Nov 2014046270.464.25$1,964
Oct 2014049478.303.90$1,927
Sep 2014048386.164.05$1,954
Aug 2014052089.394.04$2,098
Jul 2014052696.564.18$2,198
Jun 2014048898.164.74$2,312
May 2014056794.734.73$2,680
Apr 2014049495.944.81$2,376
Mar 2014079095.895.06$3,995
Feb 2014084197.406.19$5,207
Jan 2014057890.404.86$2,810
Dec 2013169991.824.35$3,136
Nov 2013268488.853.74$2,735
Oct 2013077097.423.78$2,910
Sep 201364870104.113.72$9,897
Aug 20130896104.253.52$3,156
Jul 20132949102.523.72$3,733
Jun 201351,24594.403.93$5,369
May 2013141,23894.834.15$6,464
Apr 201301,02693.964.28$4,394
Mar 201301,15893.623.91$4,531
Feb 201301,37391.233.42$4,696
Jan 201302,01791.603.42$6,898
Dec 20121562,51986.773.42$22,152
Nov 201252,89286.953.62$10,918
Oct 201211,80089.383.40$6,209
Sep 201203294.672.92$93
Aug 2012233,05792.662.91$11,021
Jul 2012962,24585.133.02$14,954
Jun 201243,19679.822.52$8,370
May 2012251,61191.612.49$6,299
Apr 20122775101.652.00$1,751
Mar 20125468105.052.22$1,565
Feb 20120472101.102.57$1,213
Jan 2012050498.092.73$1,378
Dec 2011043296.873.24$1,400
Nov 2011039795.723.31$1,315
Oct 2011035284.983.65$1,284
Sep 2011068983.623.99$2,746
Aug 2011047983.404.15$1,988
Jul 2011061694.144.52$2,783
Jun 2011069992.904.64$3,243
May 20115094698.134.40$9,073
Apr 201101,110105.964.33$4,810
Mar 201101,12896.364.06$4,577
Feb 201121,08485.644.18$4,702
Jan 201101,47986.504.59$6,787
Dec 201001,58885.734.35$6,904
Nov 201001,79280.843.80$6,801
Oct 2010922,62478.103.51$16,393
Sep 201032,39772.633.98$9,757
Aug 2010972,42773.684.42$17,873
Jul 201022,33672.554.74$11,210
Jun 201092,22770.364.91$11,569
May 20101133,45071.124.24$22,648
Apr 2010913,30981.694.12$21,076
Mar 2010182,98478.394.39$14,507
Feb 2010911,54173.585.44$15,082
Jan 2010383,66974.365.96$24,708
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20092472854.743.93$4,172
Apr 200911,81446.773.59$6,555
Mar 200981,43642.144.06$6,166
Feb 200981,54332.814.63$7,411
Jan 2009080735.865.37$4,334
Dec 2008068837.105.98$4,112
Nov 2008091155.496.86$6,250
Oct 2008082275.246.92$5,690
Sep 2008311,137101.767.88$12,111
Aug 20080860114.228.48$7,295
Jul 20080942131.0811.39$10,729
Jun 200811,051131.3313.03$13,829
May 200801,198123.1711.57$13,866
Apr 200841,675110.3110.45$17,953
Mar 200801,132101.909.66$10,940
Feb 2008431,23592.538.77$14,810
Jan 200801,63590.388.21$13,416
Dec 200731,58488.337.30$11,831
Nov 200701,67991.677.29$12,243
Oct 200702,15582.856.92$14,917
Sep 20073112,00875.846.24$36,125
Aug 200732,22369.066.39$14,408
Jul 200732,08170.906.39$13,506
Jun 200721,95762.007.55$14,896
May 200742,29258.747.85$18,219
Apr 2007699259.617.81$8,100
Mar 2007923556.927.30$2,228
Feb 2007334255.108.22$2,975
Jan 200719832750.306.73$12,159
Dec 2006648456.656.92$3,688
Nov 2006651154.207.62$4,218
Oct 200651,68654.906.01$10,414
Sep 200621,94660.085.04$9,923
Aug 200621,36868.717.34$10,178
Jul 200612,12769.376.34$13,560
Jun 200601,65066.286.38$10,533
May 200622,09066.016.42$13,560
Apr 20061843,11764.397.36$34,790
Mar 200643,73256.707.08$26,660
Feb 20061993,85557.597.75$41,341
Jan 200604,43760.598.93$39,637
Dec 200505,53954.9413.42$74,308
Nov 200505,31554.6910.59$56,277
Oct 20051996,43358.3413.80$100,358
Sep 200507,13761.4512.08$86,208
Aug 2005010,20661.519.80$99,987
Jul 2005014,41855.697.84$113,090
Jun 20051226,11352.337.38$193,369

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 2016 — as filed, then multipliedworked
Condensate             0 bbl  × $ 36.56 =         $0
Gas                  367 Mcf  × $  1.99 =       $731

────────────────────────────────────────────────────
Month total                                     $731

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/214763 is the state's own key, not one this site invented.