LAUBHAN, JONA

Name: LAUBHAN, JONA lease production and value, Jan 2007 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by REMNANT ENERGY, INC. (P-5 701555) in the FOLLETT (MORROW) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 226823District 10Field 31829200CondensateGasSave Export

Value, all time

$387 k

Jan 2007 – Feb 2015

Value, last 12 filed months

$237 k

at the published price for each month

Months reported

no gaps in the span

Streams

condensate, gas

The FOLLETT (MORROW) 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 68 leases and 68 wells, and the rule below applies to all of them.

Discovered

1957-07-02

as the register files it

Field class

Gas

the register's own label

Between wells

2,550 ft

minimum

From a lease line

1,250 ft

minimum

A drilling unit in this field needs at least 640 acres.

The Commission's schedule remark for this field reads: “AOF-1 AND AOF-2 EFFECTIVE 05/01/96.”

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	1,988 bbl	$185,948
Gas	Production	37,576 Mcf	$201,373
Total			$387,320

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 36.4990, -100.0961. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.49897, -100.09606 · 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

0.0%

0 of 1 wells

Median depth

9,195 ft

1 wells filed one

Completion to plug

—

no well filed both dates

What the state filed about each well

On the RRC proration schedule

1100.0%

A plug date is filed

00.0%

BothOn the schedule and plugged. Neither fact cancels the other.

00.0%

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 9,195 ft.

Completions filed

Jan 2014

1 of 1 wells

1 well


42-29533071	1	9,195 ft	Jan 2014	—	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 (98)

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

98 months


Feb 2015	0	0	44.66	2.98	$0
Jan 2015	0	0	43.43	3.10	$0
Dec 2014	0	0	54.69	3.59	$0
Nov 2014	0	0	70.46	4.25	$0
Oct 2014	0	0	78.30	3.90	$0
Sep 2014	0	0	86.16	4.05	$0
Aug 2014	179	0	89.39	4.04	$16,001
Jul 2014	164	4,836	96.56	4.18	$36,048
Jun 2014	191	4,057	98.16	4.74	$37,966
May 2014	195	5,072	94.73	4.73	$42,445
Apr 2014	196	4,886	95.94	4.81	$42,302
Mar 2014	388	4,926	95.89	5.06	$62,115
Feb 2014	397	3,438	97.40	6.19	$59,956
Jan 2014	151	314	90.40	4.86	$15,177
Dec 2013	0	0	91.82	4.35	$0
Nov 2013	0	0	88.85	3.74	$0
Oct 2013	0	0	97.42	3.78	$0
Sep 2013	0	0	104.11	3.72	$0
Aug 2013	0	3	104.25	3.52	$11
Jul 2013	0	0	102.52	3.72	$0
Jun 2013	0	0	94.40	3.93	$0
May 2013	0	0	94.83	4.15	$0
Apr 2013	0	0	93.96	4.28	$0
Mar 2013	0	0	93.62	3.91	$0
Feb 2013	0	0	91.23	3.42	$0
Jan 2013	0	0	91.60	3.42	$0
Dec 2012	0	21	86.77	3.42	$72
Nov 2012	0	23	86.95	3.62	$83
Oct 2012	0	25	89.38	3.40	$85
Sep 2012	0	25	94.67	2.92	$73
Aug 2012	0	25	92.66	2.91	$73
Jul 2012	0	23	85.13	3.02	$69
Jun 2012	0	25	79.82	2.52	$63
May 2012	0	33	91.61	2.49	$82
Apr 2012	0	5	101.65	2.00	$10
Mar 2012	0	5	105.05	2.22	$11
Feb 2012	0	15	101.10	2.57	$39
Jan 2012	0	27	98.09	2.73	$74
Dec 2011	0	37	96.87	3.24	$120
Nov 2011	0	121	95.72	3.31	$401
Oct 2011	0	46	84.98	3.65	$168
Sep 2011	0	40	83.62	3.99	$159
Aug 2011	0	16	83.40	4.15	$66
Jul 2011	0	18	94.14	4.52	$81
Jun 2011	0	22	92.90	4.64	$102
May 2011	0	22	98.13	4.40	$97
Apr 2011	0	24	105.96	4.33	$104
Mar 2011	0	27	96.36	4.06	$110
Feb 2011	0	40	85.64	4.18	$167
Jan 2011	0	36	86.50	4.59	$165
Dec 2010	0	50	85.73	4.35	$217
Nov 2010	0	59	80.84	3.80	$224
Oct 2010	0	74	78.10	3.51	$260
Sep 2010	0	60	72.63	3.98	$239
Aug 2010	0	53	73.68	4.42	$234
Jul 2010	0	85	72.55	4.74	$403
Jun 2010	0	107	70.36	4.91	$525
May 2010	0	53	71.12	4.24	$224
Apr 2010	0	136	81.69	4.12	$561
Mar 2010	0	110	78.39	4.39	$483
Feb 2010	0	43	73.58	5.44	$234
Jan 2010	0	80	74.36	5.96	$477
Dec 2009	0	75	71.44	5.48	$411
Nov 2009	0	136	74.59	3.75	$510
Oct 2009	0	68	72.54	4.11	$280
Sep 2009	0	125	65.54	3.06	$383
Aug 2009	127	121	67.42	3.22	$8,952
Jul 2009	0	115	61.13	3.46	$398
Jun 2009	0	111	66.16	3.90	$432
May 2009	0	24	54.74	3.93	$94
Apr 2009	0	146	46.77	3.59	$524
Mar 2009	0	81	42.14	4.06	$329
Feb 2009	0	79	32.81	4.63	$366
Jan 2009	0	106	35.86	5.37	$569
Dec 2008	0	95	37.10	5.98	$568
Nov 2008	0	105	55.49	6.86	$720
Oct 2008	0	127	75.24	6.92	$879
Sep 2008	0	139	101.76	7.88	$1,095
Aug 2008	0	140	114.22	8.48	$1,188
Jul 2008	0	166	131.08	11.39	$1,891
Jun 2008	0	147	131.33	13.03	$1,916
May 2008	0	200	123.17	11.57	$2,315
Apr 2008	0	0	110.31	10.45	$0
Mar 2008	0	182	101.90	9.66	$1,759
Feb 2008	0	184	92.53	8.77	$1,614
Jan 2008	0	218	90.38	8.21	$1,789
Dec 2007	0	229	88.33	7.30	$1,672
Nov 2007	0	267	91.67	7.29	$1,947
Oct 2007	0	311	82.85	6.92	$2,153
Sep 2007	0	309	75.84	6.24	$1,929
Aug 2007	0	361	69.06	6.39	$2,306
Jul 2007	0	577	70.90	6.39	$3,686
Jun 2007	0	575	62.00	7.55	$4,340
May 2007	0	515	58.74	7.85	$4,041
Apr 2007	0	474	59.61	7.81	$3,700
Mar 2007	0	361	56.92	7.30	$2,636
Feb 2007	0	559	55.10	8.22	$4,593
Jan 2007	0	1,005	50.30	6.73	$6,760

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.

Aug 2014 — as filed, then multipliedworked

Condensate           179 bbl  × $ 89.39 =    $16,001
Gas                    0 Mcf  × $  4.04 =         $0

────────────────────────────────────────────────────
Month total                                  $16,001

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/226823 is the state's own key, not one this site invented.