LASLEY

Operated by CONOCOPHILLIPS COMPANY (P-5 172232) in the TEXAS HUGOTON field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 27983District 10Field 89120001GasSaveExport
Value, all time
$906 k
Jan 1993 – Aug 2006
Value, last 12 filed months
$4 k
at the published price for each month
Months reported
164
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 1,719 leases and 1,719 wells, and the rule below applies to all of them.

Discovered
1945-06-25
as the register files it
Field class
Gas
the register's own label
Between wells
2,500 ft
minimum
From a lease line
1,250 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 1996-02-01.

The Commission's schedule remark for this field reads: OPTIONS.

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
GasProduction387,110 Mcf$905,985
Total$905,985

143,153 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 36.4222, -101.8745. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.42220, -101.87448 · 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
2,869 ft
1 wells filed one
Completion to plug
56.3 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 2,869 ft.

Completions filed
May 1950
1 of 1 wells
Plug dates filed
Aug 2006
1 of 1 wells

Last completion to plug: a median of 56.3 years across the 1 well that filed both dates, with the middle half between 56.3 years and 56.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4210033512,869 ftMay 1950Aug 2006Yes

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 (164)

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

164 months

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 2006056.707.08$0
Feb 2006057.597.75$0
Jan 2006060.598.93$0
Dec 20059754.9413.42$1,301
Nov 20057454.6910.59$784
Oct 20057458.3413.80$1,021
Sep 200510861.4512.08$1,305
Aug 200513461.519.80$1,313
Jul 200513555.697.84$1,059
Jun 200513352.337.38$982
May 200519945.226.65$1,324
Apr 200520549.207.36$1,509
Mar 200522350.377.15$1,596
Feb 200521645.226.31$1,363
Jan 200525043.166.32$1,581
Dec 200426539.866.75$1,789
Nov 200425945.286.33$1,640
Oct 200438349.706.52$2,495
Sep 20042,00043.245.28$10,568
Aug 20042,38942.375.55$13,261
Jul 20042,39238.286.08$14,553
Jun 20042,32036.106.43$14,925
May 20042,30137.486.49$14,944
Apr 20042,32234.475.86$13,603
Mar 20042,40934.365.53$13,322
Feb 20042,26832.455.51$12,496
Jan 20042,41832.036.30$15,233
Dec 20032,42930.266.30$15,307
Nov 20032,36528.804.60$10,868
Oct 20032,44528.174.76$11,637
Sep 20032,35026.314.75$11,161
Aug 20032,41929.765.13$12,409
Jul 20032,40729.415.17$12,446
Jun 20032,37728.565.98$14,222
May 20032,33926.595.97$13,970
Apr 20032,38226.675.41$12,880
Mar 20032,47031.146.10$15,057
Feb 20032,24033.487.93$17,754
Jan 20032,48130.315.58$13,849
Dec 20022,51026.914.85$12,183
Nov 20022,44224.664.14$10,102
Oct 20022,50526.464.23$10,594
Sep 20022,42027.443.64$8,797
Aug 20022,52325.963.16$7,983
Jul 20022,48124.583.06$7,596
Jun 20022,41723.733.34$8,069
May 20022,30724.663.58$8,268
Apr 20022,45623.653.51$8,626
Mar 20022,53722.003.10$7,872
Feb 20022,28918.222.38$5,438
Jan 20022,54117.172.38$6,037
Dec 20012,56716.932.36$6,069
Nov 20012,50118.072.41$6,016
Oct 20012,61019.782.53$6,600
Sep 20012,43024.262.25$5,471
Aug 20012,58524.873.05$7,892
Jul 20012,43323.933.20$7,779
Jun 20012,42824.563.82$9,285
May 20012,60925.524.31$11,238
Apr 20012,61124.685.34$13,931
Mar 20012,59924.545.38$13,973
Feb 20012,36527.755.77$13,639
Jan 20012,63227.478.40$22,106
Dec 20002,64426.889.12$24,120
Nov 20002,56232.215.66$14,496
Oct 20002,69031.235.15$13,841
Sep 20002,36831.875.19$12,282
Aug 20002,65329.644.54$12,047
Jul 20002,65228.534.09$10,846
Jun 20002,59329.304.40$11,402
May 20002,57127.263.68$9,461
Apr 20002,58824.513.12$8,064
Mar 20002,68928.422.86$7,690
Feb 20002,55327.622.73$6,961
Jan 20002,70625.272.48$6,712
Dec 19992,75924.282.42$6,687
Nov 19992,66423.192.43$6,484
Oct 19992,79220.982.80$7,828
Sep 19992,61721.752.62$6,854
Aug 19992,54519.262.88$7,318
Jul 19992,78317.892.37$6,602
Jun 19992,67615.942.36$6,321
May 19992,78615.792.32$6,466
Apr 19992,70315.102.21$5,968
Mar 19992,79512.471.84$5,138
Feb 19992,5449.981.82$4,624
Jan 19992,80410.381.90$5,327
Dec 19982,8519.201.77$5,056
Nov 19983,18610.892.19$6,964
Oct 19982,78112.421.97$5,476
Sep 19982,68712.592.08$5,596
Aug 19982,77211.301.91$5,287
Jul 19982,79611.742.24$6,255
Jun 19982,51211.242.24$5,620
May 19982,85012.622.21$6,288
Apr 19982,78113.042.51$6,967
Mar 19982,89812.802.31$6,693
Feb 19982,62113.952.30$6,026
Jan 19982,91114.702.15$6,273
Dec 19972,91516.322.41$7,028
Nov 19972,82218.193.09$8,715
Oct 19972,88219.253.15$9,078
Sep 19972,76317.742.95$8,164
Aug 19972,86317.862.55$7,314
Jul 19972,85617.582.25$6,417
Jun 19972,82617.242.26$6,379
May 19972,67918.972.31$6,184
Apr 19972,87317.882.08$5,984
Mar 19972,97218.951.94$5,763
Feb 19972,68120.492.21$5,914
Jan 19973,36623.483.54$11,915
Dec 19962,94623.32$0
Nov 19962,88121.97$0
Oct 19962,94723.31$0
Sep 19962,85622.22$0
Aug 19962,94420.26$0
Jul 19962,95919.55$0
Jun 19962,81118.73$0
May 19962,84319.43$0
Apr 19962,88621.51$0
Mar 19963,02219.38$0
Feb 19962,83716.98$0
Jan 19963,02117.07$0
Dec 19953,03217.19$0
Nov 19952,93116.00$0
Oct 19953,03515.43$0
Sep 19952,94316.18$0
Aug 19953,04715.92$0
Jul 19953,09415.24$0
Jun 19952,54316.41$0
May 19953,08017.56$0
Apr 19952,92917.73$0
Mar 19952,77016.44$0
Feb 19952,79516.58$0
Jan 19953,09015.92$0
Dec 19943,08715.03$0
Nov 19942,99615.90$0
Oct 19943,07915.58$0
Sep 19942,91715.29$0
Aug 19943,04016.13$0
Jul 19943,08417.56$0
Jun 19942,90517.09$0
May 19942,95515.88$0
Apr 19942,98814.14$0
Mar 19943,09812.46$0
Feb 19942,84712.50$0
Jan 19942,94712.66$0
Dec 19933,11512.33$0
Nov 19933,04914.49$0
Oct 19933,13615.85$0
Sep 19933,00915.03$0
Aug 19933,09215.66$0
Jul 19933,14515.46$0
Jun 19932,74516.79$0
May 19933,21417.68$0
Apr 19933,01518.05$0
Mar 19933,22018.14$0
Feb 19932,89717.90$0
Jan 19933,33116.93$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.

Dec 2005 — as filed, then multipliedworked
Gas                   97 Mcf  × $ 13.42 =     $1,301

────────────────────────────────────────────────────
Month total                                   $1,301

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/27983 is the state's own key, not one this site invented.