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 241399District 10Field 131472852 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.4 M
Jul 2008 – Mar 2018
Value, last 12 filed months
$0
at the published price for each month
Months reported
117
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 Gas112008-12-05185720
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
CondensateDisposition3,548 bbl$266,133
GasProduction416,272 Mcf$2,084,976
Total$2,351,109

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 35.6954, -100.2986. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.69537, -100.29863 · 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
13,020 ft
1 wells filed one
Completion to plug
5.8 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 13,020 ft.

Completions filed
May 2012
1 of 1 wells
Plug dates filed
Mar 2018
1 of 1 wells

Last completion to plug: a median of 5.8 years across the 1 well that filed both dates, with the middle half between 5.8 years and 5.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-21134160160713,020 ftMay 2012Mar 2018Yes

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 (117)

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

117 months

Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
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 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 201563056.152.88$3,537
May 20150055.212.96$0
Apr 201502,84549.822.71$7,700
Mar 20151203,29242.892.93$14,808
Feb 201503,08544.662.98$9,182
Jan 201503,07043.433.10$9,519
Dec 201433,37354.693.59$12,278
Nov 201403,71470.464.25$15,791
Oct 20141483,33978.303.90$24,614
Sep 201463,31386.164.05$13,920
Aug 201443,57789.394.04$14,791
Jul 20141343,66296.564.18$28,245
Jun 201493,40898.164.74$17,027
May 201463,02894.734.73$14,880
Apr 201483,78495.944.81$18,965
Mar 2014774,40995.895.06$29,679
Feb 201404,17697.406.19$25,858
Jan 201404,87890.404.86$23,711
Dec 201363,83391.824.35$17,242
Nov 2013532,52388.853.74$14,141
Oct 201303,93197.423.78$14,857
Sep 2013434,016104.113.72$19,407
Aug 201304,010104.253.52$14,126
Jul 2013563,841102.523.72$20,021
Jun 201363,26194.403.93$13,393
May 2013243,11394.834.15$15,192
Apr 2013853,02593.964.28$20,941
Mar 2013464,40793.623.91$21,551
Feb 2013281,47391.233.42$7,592
Jan 2013142291.603.42$1,535
Dec 2012029886.773.42$1,019
Nov 2012012786.953.62$460
Oct 2012123289.383.40$878
Sep 201224494.672.92$2,284
Aug 2012323692.662.91$964
Jul 2012481,07785.133.02$7,340
Jun 2012029979.822.52$753
May 201212691.612.49$156
Apr 201200101.652.00$0
Mar 2012122,866105.052.22$7,629
Feb 2012912,975101.102.57$16,847
Jan 2012103,29498.092.73$9,987
Dec 201103,37396.873.24$10,928
Nov 201173,36695.723.31$11,816
Oct 201143,48084.983.65$13,037
Sep 2011103,43683.623.99$14,531
Aug 201193,44083.404.15$15,024
Jul 2011103,80394.144.52$18,120
Jun 2011123,81092.904.64$18,793
May 2011894,05598.134.40$26,595
Apr 2011104,180105.964.33$19,173
Mar 2011854,23396.364.06$25,365
Feb 201163,24985.644.18$14,095
Jan 2011164,50686.504.59$22,061
Dec 201084,17185.734.35$18,820
Nov 201054,07980.843.80$15,885
Oct 2010994,32178.103.51$22,894
Sep 201064,32072.633.98$17,627
Aug 201074,49873.684.42$20,394
Jul 201044,53972.554.74$21,789
Jun 2010174,43770.364.91$22,984
May 20101094,65671.124.24$27,471
Apr 2010164,64881.694.12$20,469
Mar 20101084,93178.394.39$30,107
Feb 2010164,46673.585.44$25,483
Jan 20101015,24374.365.96$38,780
Dec 2009165,51171.445.48$31,364
Nov 20091005,40574.593.75$27,736
Oct 2009125,77172.544.11$24,591
Sep 2009955,95965.543.06$24,489
Aug 2009736,63667.423.22$26,280
Jul 2009256,97361.133.46$25,686
Jun 2009896,64066.163.90$31,751
May 2009887,49354.743.93$34,233
Apr 2009818,15746.773.59$33,052
Mar 2009808,99342.144.06$39,874
Feb 20091038,56732.814.63$43,070
Jan 200917444,46735.865.37$245,072
Dec 20081848,38537.105.98$56,945
Nov 2008149,38655.496.86$65,168
Oct 200821112,04375.246.92$99,237
Sep 200819217,409101.767.88$156,670
Aug 200814142,995114.228.48$380,832
Jul 200800131.0811.39$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.

Jun 2015 — as filed, then multipliedworked
Condensate            63 bbl  × $ 56.15 =     $3,537
Gas                    0 Mcf  × $  2.88 =         $0

────────────────────────────────────────────────────
Month total                                   $3,537

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/241399 is the state's own key, not one this site invented.