SELLERS

Operated by LINN OPERATING, INC. (P-5 501545) in the PAN PETRO (CLEVELAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 21885District 10Field 68735120CondensateGasSaveExport
Value, all time
$356 k
Jan 1993 – Sep 2013
Value, last 12 filed months
$0
at the published price for each month
Months reported
249
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 965 leases and 1,339 wells, and the rule below applies to all of them.

Discovered
1974-03-21
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 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 2011-04-18.

The Commission's schedule remark for this field reads: PRORATION ACRES PLATS ARE REQUIRED.

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
CondensateDisposition145 bbl$12,133
GasProduction210,233 Mcf$344,358
Total$356,490

104,871 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 36.2957, -100.8592. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.29575, -100.85916 · 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
7,150 ft
1 wells filed one
Completion to plug
52.5 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 7,150 ft.

Completions filed
Mar 1961
1 of 1 wells
Plug dates filed
Sep 2013
1 of 1 wells

Last completion to plug: a median of 52.5 years across the 1 well that filed both dates, with the middle half between 52.5 years and 52.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-357008121207,150 ftMar 1961Sep 2013Yes

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 (249)

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

249 months

Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 20121130101.652.00$11,486
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
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 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
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 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
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 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 2004030934.365.53$1,709
Feb 2004062432.455.51$3,438
Jan 2004460732.036.30$3,952
Dec 2003462530.266.30$4,060
Nov 2003061928.804.60$2,844
Oct 2003066328.174.76$3,156
Sep 2003064626.314.75$3,068
Aug 2003079529.765.13$4,078
Jul 2003069929.415.17$3,614
Jun 2003064228.565.98$3,841
May 2003071826.595.97$4,288
Apr 200301,08526.675.41$5,867
Mar 2003097631.146.10$5,950
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 2002064926.914.85$3,150
Nov 2002075424.664.14$3,119
Oct 2002079526.464.23$3,362
Sep 2002089127.443.64$3,239
Aug 200201,15325.963.16$3,648
Jul 200201,23224.583.06$3,772
Jun 2002095523.733.34$3,188
May 200201,09024.663.58$3,907
Apr 200201,16723.653.51$4,099
Mar 2002093922.003.10$2,913
Feb 200201,17618.222.38$2,794
Jan 200201,12917.172.38$2,682
Dec 200101,33916.932.36$3,166
Nov 2001097718.072.41$2,350
Oct 2001099819.782.53$2,524
Sep 200141,34124.262.25$3,116
Aug 200101,27824.873.05$3,902
Jul 200101,58723.933.20$5,074
Jun 200101,22824.563.82$4,696
May 200101,03725.524.31$4,467
Apr 2001093224.685.34$4,973
Mar 200101,03924.545.38$5,586
Feb 2001091827.755.77$5,294
Jan 200101,17127.478.40$9,835
Dec 200001,29026.889.12$11,768
Nov 200001,19532.215.66$6,761
Oct 200001,32131.235.15$6,797
Sep 200001,43531.875.19$7,443
Aug 200001,37529.644.54$6,244
Jul 200001,67628.534.09$6,854
Jun 200001,73629.304.40$7,634
May 2000096427.263.68$3,547
Apr 200001,09224.513.12$3,403
Mar 200001,12428.422.86$3,214
Feb 200001,11727.622.73$3,046
Jan 200001,41925.272.48$3,520
Dec 199901,61124.282.42$3,905
Nov 199901,07223.192.43$2,609
Oct 199901,22920.982.80$3,446
Sep 199901,32221.752.62$3,462
Aug 199901,42219.262.88$4,089
Jul 199901,40317.892.37$3,328
Jun 199901,35315.942.36$3,196
May 199901,43915.792.32$3,340
Apr 199901,50815.102.21$3,330
Mar 199901,54112.471.84$2,833
Feb 199921,2509.981.82$2,292
Jan 199901,59710.381.90$3,034
Dec 199801,2109.201.77$2,146
Nov 199801,48610.892.19$3,248
Oct 199801,46412.421.97$2,883
Sep 199801,61912.592.08$3,372
Aug 199801,29811.301.91$2,476
Jul 199801,33411.742.24$2,985
Jun 199801,58011.242.24$3,535
May 199801,39612.622.21$3,080
Apr 199801,31513.042.51$3,295
Mar 199801,19512.802.31$2,760
Feb 199801,45513.952.30$3,345
Jan 199801,66214.702.15$3,581
Dec 199701,45816.322.41$3,515
Nov 199701,69918.193.09$5,247
Oct 199701,89919.253.15$5,982
Sep 199701,65717.742.95$4,896
Aug 199701,94217.862.55$4,961
Jul 199701,81017.582.25$4,067
Jun 199701,73817.242.26$3,923
May 199701,70618.972.31$3,938
Apr 199701,98317.882.08$4,130
Mar 199701,41418.951.94$2,742
Feb 199701,90120.492.21$4,193
Jan 199701,86723.483.54$6,609
Dec 199601,89623.32$0
Nov 199601,96621.97$0
Oct 199602,03023.31$0
Sep 199601,70022.22$0
Aug 199601,96620.26$0
Jul 199602,29019.55$0
Jun 199602,11418.73$0
May 199601,70619.43$0
Apr 199601,41521.51$0
Mar 199601,40119.38$0
Feb 1996075816.98$0
Jan 199601,31217.07$0
Dec 199501,77817.19$0
Nov 199501,72916.00$0
Oct 199502,57415.43$0
Sep 199502,58416.18$0
Aug 199502,96315.92$0
Jul 199512,99815.24$15
Jun 199502,17816.41$0
May 199501,86017.56$0
Apr 199502,27817.73$0
Mar 199502,40616.44$0
Feb 199501,86116.58$0
Jan 199502,42015.92$0
Dec 199402,13115.03$0
Nov 199402,77615.90$0
Oct 1994171,75515.58$265
Sep 199402,70915.29$0
Aug 199402,36916.13$0
Jul 199402,31817.56$0
Jun 199402,83517.09$0
May 199402,31215.88$0
Apr 199402,54214.14$0
Mar 199402,51812.46$0
Feb 199402,02012.50$0
Jan 199402,91312.66$0
Dec 199302,72012.33$0
Nov 199301,41714.49$0
Oct 199302,38015.85$0
Sep 199302,39515.03$0
Aug 199301,97615.66$0
Jul 199302,70315.46$0
Jun 199302,16816.79$0
May 199302,26317.68$0
Apr 199302,18018.05$0
Mar 199302,14118.14$0
Feb 199302,78217.90$0
Jan 199302,36516.93$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 2012 — as filed, then multipliedworked
Condensate           113 bbl  × $101.65 =    $11,486
Gas                    0 Mcf  × $  2.00 =         $0

────────────────────────────────────────────────────
Month total                                  $11,486

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/21885 is the state's own key, not one this site invented.