STEVENS

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

Gas lease lease 25150District 10Field 68831001NGPA filingGasSaveExport
Value, all time
$111 k
Jan 1993 – Jan 2015
Value, last 12 filed months
$0
at the published price for each month
Months reported
265
no gaps in the span
Streams
1
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 4,532 leases and 4,532 wells, and the rule below applies to all of them.

Discovered
1933-02-08
as the register files it
Field class
Gas
the register's own label
Between wells
660 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 2013-11-12.

The Commission's schedule remark for this field reads: IS HEREBY SUSPENDED.

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
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
GasProduction54,727 Mcf$111,025
Total$111,025

20,031 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 35.7010, -101.4472. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.70103, -101.44719 · 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
2,900 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
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 2,900 ft.

Plug dates filed
Jan 2015
1 of 1 wells

1 well

42-2331338912,900 ftJan 2015Yes

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 (265)

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

265 months

Jan 2015043.433.10$0
Dec 2014054.693.59$0
Nov 2014070.464.25$0
Oct 2014078.303.90$0
Sep 2014086.164.05$0
Aug 2014089.394.04$0
Jul 2014096.564.18$0
Jun 2014098.164.74$0
May 2014094.734.73$0
Apr 2014095.944.81$0
Mar 2014095.895.06$0
Feb 2014097.406.19$0
Jan 2014090.404.86$0
Dec 2013091.824.35$0
Nov 2013088.853.74$0
Oct 2013097.423.78$0
Sep 20130104.113.72$0
Aug 20130104.253.52$0
Jul 20130102.523.72$0
Jun 2013094.403.93$0
May 2013094.834.15$0
Apr 2013093.964.28$0
Mar 2013093.623.91$0
Feb 2013091.233.42$0
Jan 2013091.603.42$0
Dec 2012086.773.42$0
Nov 2012086.953.62$0
Oct 2012089.383.40$0
Sep 2012094.672.92$0
Aug 2012092.662.91$0
Jul 2012085.133.02$0
Jun 2012079.822.52$0
May 2012091.612.49$0
Apr 20120101.652.00$0
Mar 20120105.052.22$0
Feb 20120101.102.57$0
Jan 2012098.092.73$0
Dec 2011096.873.24$0
Nov 2011095.723.31$0
Oct 2011084.983.65$0
Sep 2011083.623.99$0
Aug 2011083.404.15$0
Jul 2011094.144.52$0
Jun 2011092.904.64$0
May 2011098.134.40$0
Apr 20110105.964.33$0
Mar 2011096.364.06$0
Feb 2011085.644.18$0
Jan 2011086.504.59$0
Dec 2010085.734.35$0
Nov 2010080.843.80$0
Oct 2010078.103.51$0
Sep 2010072.633.98$0
Aug 2010073.684.42$0
Jul 2010072.554.74$0
Jun 2010070.364.91$0
May 2010071.124.24$0
Apr 2010081.694.12$0
Mar 2010078.394.39$0
Feb 2010073.585.44$0
Jan 2010074.365.96$0
Dec 2009071.445.48$0
Nov 2009074.593.75$0
Oct 2009072.544.11$0
Sep 2009065.543.06$0
Aug 2009067.423.22$0
Jul 2009061.133.46$0
Jun 2009066.163.90$0
May 2009054.743.93$0
Apr 2009046.773.59$0
Mar 2009042.144.06$0
Feb 2009032.814.63$0
Jan 2009035.865.37$0
Dec 2008037.105.98$0
Nov 2008055.496.86$0
Oct 2008075.246.92$0
Sep 20080101.767.88$0
Aug 20080114.228.48$0
Jul 20080131.0811.39$0
Jun 20080131.3313.03$0
May 20080123.1711.57$0
Apr 20080110.3110.45$0
Mar 20080101.909.66$0
Feb 2008092.538.77$0
Jan 2008090.388.21$0
Dec 2007088.337.30$0
Nov 2007091.677.29$0
Oct 2007082.856.92$0
Sep 2007075.846.24$0
Aug 2007069.066.39$0
Jul 2007070.906.39$0
Jun 2007062.007.55$0
May 2007058.747.85$0
Apr 2007059.617.81$0
Mar 2007056.927.30$0
Feb 2007055.108.22$0
Jan 2007050.306.73$0
Dec 2006056.656.92$0
Nov 2006054.207.62$0
Oct 2006054.906.01$0
Sep 2006060.085.04$0
Aug 2006068.717.34$0
Jul 2006069.376.34$0
Jun 2006066.286.38$0
May 2006066.016.42$0
Apr 2006064.397.36$0
Mar 20061456.707.08$99
Feb 2006957.597.75$70
Jan 2006060.598.93$0
Dec 2005054.9413.42$0
Nov 2005054.6910.59$0
Oct 2005058.3413.80$0
Sep 2005061.4512.08$0
Aug 2005061.519.80$0
Jul 2005055.697.84$0
Jun 2005152.337.38$7
May 2005245.226.65$13
Apr 2005049.207.36$0
Mar 2005250.377.15$14
Feb 2005345.226.31$19
Jan 2005943.166.32$57
Dec 20041039.866.75$68
Nov 20041545.286.33$95
Oct 20047849.706.52$508
Sep 200422143.245.28$1,168
Aug 2004042.375.55$0
Jul 20044938.286.08$298
Jun 20047636.106.43$489
May 2004037.486.49$0
Apr 2004034.475.86$0
Mar 2004034.365.53$0
Feb 2004332.455.51$17
Jan 20042132.036.30$132
Dec 200315930.266.30$1,002
Nov 20036828.804.60$312
Oct 2003028.174.76$0
Sep 200320526.314.75$974
Aug 200319929.765.13$1,021
Jul 200312029.415.17$621
Jun 200331828.565.98$1,903
May 200331526.595.97$1,881
Apr 200312626.675.41$681
Mar 20033631.146.10$219
Feb 200314533.487.93$1,149
Jan 200330430.315.58$1,697
Dec 200231726.914.85$1,539
Nov 200234524.664.14$1,427
Oct 200238026.464.23$1,607
Sep 200238727.443.64$1,407
Aug 200236625.963.16$1,158
Jul 200238024.583.06$1,163
Jun 200237523.733.34$1,252
May 200232124.663.58$1,150
Apr 200233923.653.51$1,191
Mar 200224122.003.10$748
Feb 200224118.222.38$573
Jan 200228817.172.38$684
Dec 200141116.932.36$972
Nov 200140218.072.41$967
Oct 200144019.782.53$1,113
Sep 200144524.262.25$1,002
Aug 200145924.873.05$1,401
Jul 200144623.933.20$1,426
Jun 200142824.563.82$1,637
May 200138325.524.31$1,650
Apr 200130824.685.34$1,643
Mar 200135924.545.38$1,930
Feb 200136727.755.77$2,117
Jan 200127827.478.40$2,335
Dec 200020626.889.12$1,879
Nov 200043732.215.66$2,473
Oct 200040931.235.15$2,105
Sep 200045031.875.19$2,334
Aug 200046829.644.54$2,125
Jul 200048828.534.09$1,996
Jun 200046829.304.40$2,058
May 200042427.263.68$1,560
Apr 200036524.513.12$1,137
Mar 200036228.422.86$1,035
Feb 200033827.622.73$922
Jan 200032825.272.48$814
Dec 199931324.282.42$759
Nov 199938323.192.43$932
Oct 199947820.982.80$1,340
Sep 199952621.752.62$1,378
Aug 199956919.262.88$1,636
Jul 199956017.892.37$1,329
Jun 199958415.942.36$1,379
May 199929015.792.32$673
Apr 199932115.102.21$709
Mar 199944912.471.84$825
Feb 19994209.981.82$763
Jan 199959010.381.90$1,121
Dec 19984949.201.77$876
Nov 199859610.892.19$1,303
Oct 199863412.421.97$1,248
Sep 199863912.592.08$1,331
Aug 199865311.301.91$1,246
Jul 199866311.742.24$1,483
Jun 199860811.242.24$1,360
May 199858912.622.21$1,300
Apr 199859013.042.51$1,478
Mar 199849212.802.31$1,136
Feb 199839913.952.30$917
Jan 199853314.702.15$1,149
Dec 199754216.322.41$1,307
Nov 199755818.193.09$1,723
Oct 199761919.253.15$1,950
Sep 199761017.742.95$1,802
Aug 199758417.862.55$1,492
Jul 199760817.582.25$1,366
Jun 199759217.242.26$1,336
May 199742718.972.31$986
Apr 199756717.882.08$1,181
Mar 199753318.951.94$1,034
Feb 199732620.492.21$719
Jan 199740023.483.54$1,416
Dec 199633123.32$0
Nov 199638121.97$0
Oct 199640323.31$0
Sep 199638722.22$0
Aug 199640820.26$0
Jul 199640919.55$0
Jun 199634418.73$0
May 199638619.43$0
Apr 199643721.51$0
Mar 199640119.38$0
Feb 199638516.98$0
Jan 199637917.07$0
Dec 199540717.19$0
Nov 199540016.00$0
Oct 199544115.43$0
Sep 199543016.18$0
Aug 199544215.92$0
Jul 199545215.24$0
Jun 199544016.41$0
May 199539917.56$0
Apr 199545117.73$0
Mar 199546716.44$0
Feb 199534116.58$0
Jan 199533215.92$0
Dec 199436915.03$0
Nov 199443615.90$0
Oct 199446415.58$0
Sep 199444315.29$0
Aug 199446116.13$0
Jul 199446217.56$0
Jun 199442617.09$0
May 199436715.88$0
Apr 199439714.14$0
Mar 199442012.46$0
Feb 199440012.50$0
Jan 199434812.66$0
Dec 199337312.33$0
Nov 199344514.49$0
Oct 199347515.85$0
Sep 199342215.03$0
Aug 199348015.66$0
Jul 199348615.46$0
Jun 199344916.79$0
May 199345417.68$0
Apr 199347318.05$0
Mar 199350918.14$0
Feb 199338817.90$0
Jan 199343116.93$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 2006 — as filed, then multipliedworked
Gas                   14 Mcf  × $  7.08 =        $99

────────────────────────────────────────────────────
Month total                                      $99

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/25150 is the state's own key, not one this site invented.