CAIN, LULA

Operated by KAISER-FRANCIS OIL COMPANY (P-5 450175) in the LIPSCOMB, S. W. (CLEVELAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 97901District 10Field 53879500NGPA filingCondensateGasSaveExport
Value, all time
$112 k
Jan 1993 – Dec 2002
Value, last 12 filed months
$265
at the published price for each month
Months reported
120
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 40 leases and 42 wells, and the rule below applies to all of them.

Discovered
1975-01-16
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2009-09-29.

The Commission's schedule remark for this field reads: (CLEVELAND) 53869 270 EFF. 4/5/11.

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
NGPA2none

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
CondensateDisposition103 bbl$2,122
GasProduction82,895 Mcf$109,445
Total$111,567

47,848 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 36.1535, -100.2898. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.15352, -100.28978 · 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
8,480 ft
1 wells filed one
Completion to plug
20.9 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 8,480 ft.

Completions filed
Dec 1981
1 of 1 wells
Plug dates filed
Nov 2002
1 of 1 wells

Last completion to plug: a median of 20.9 years across the 1 well that filed both dates, with the middle half between 20.9 years and 20.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2953110713378,480 ftDec 1981Nov 2002Yes

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 (120)

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

120 months

Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20027026.464.23$185
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020822.003.10$25
Feb 200201118.222.38$26
Jan 200201217.172.38$29
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 2001015624.262.25$351
Aug 2001039724.873.05$1,212
Jul 2001043923.933.20$1,404
Jun 2001058524.563.82$2,237
May 2001065125.524.31$2,804
Apr 2001058924.685.34$3,143
Mar 2001065624.545.38$3,527
Feb 2001053327.755.77$3,074
Jan 2001063527.478.40$5,333
Dec 2000069526.889.12$6,340
Nov 2000056332.215.66$3,185
Oct 2000055431.235.15$2,851
Sep 2000050331.875.19$2,609
Aug 2000054729.644.54$2,484
Jul 2000059028.534.09$2,413
Jun 2000057929.304.40$2,546
May 2000057827.263.68$2,127
Apr 2000058324.513.12$1,817
Mar 2000055528.422.86$1,587
Feb 2000059127.622.73$1,611
Jan 2000058125.272.48$1,441
Dec 19994261824.282.42$2,518
Nov 1999054723.192.43$1,331
Oct 1999058820.982.80$1,649
Sep 1999063621.752.62$1,666
Aug 1999051719.262.88$1,487
Jul 1999066217.892.37$1,571
Jun 1999070115.942.36$1,656
May 1999070315.792.32$1,632
Apr 1999070815.102.21$1,563
Mar 1999064812.471.84$1,191
Feb 199905479.981.82$994
Jan 1999066110.381.90$1,256
Dec 199806959.201.77$1,232
Nov 1998071010.892.19$1,552
Oct 1998073212.421.97$1,441
Sep 1998038012.592.08$791
Aug 1998051011.301.91$973
Jul 1998058711.742.24$1,313
Jun 1998071911.242.24$1,609
May 199801,21812.622.21$2,687
Apr 199801,09313.042.51$2,738
Mar 1998066412.802.31$1,533
Feb 199804713.952.30$108
Jan 19980814.702.15$17
Dec 1997054616.322.41$1,316
Nov 1997089718.193.09$2,770
Oct 1997083019.253.15$2,614
Sep 1997074717.742.95$2,207
Aug 1997079617.862.55$2,034
Jul 1997057017.582.25$1,281
Jun 1997052917.242.26$1,194
May 1997072918.972.31$1,683
Apr 1997070317.882.08$1,464
Mar 1997083318.951.94$1,615
Feb 1997095420.492.21$2,104
Jan 1997042323.483.54$1,497
Dec 1996036923.32$0
Nov 1996058921.97$0
Oct 1996068623.31$0
Sep 1996060522.22$0
Aug 1996070920.26$0
Jul 1996090719.55$0
Jun 1996096118.73$0
May 199601,07719.43$0
Apr 1996091021.51$0
Mar 199601,03919.38$0
Feb 1996541,03916.98$917
Jan 199601,03317.07$0
Dec 199501,05017.19$0
Nov 1995094716.00$0
Oct 1995090415.43$0
Sep 1995088116.18$0
Aug 199501,18715.92$0
Jul 199501,01015.24$0
Jun 199501,03716.41$0
May 1995097317.56$0
Apr 199501,11217.73$0
Mar 199501,35616.44$0
Feb 199501,06516.58$0
Jan 1995079915.92$0
Dec 1994063915.03$0
Nov 1994067515.90$0
Oct 1994078215.58$0
Sep 1994072915.29$0
Aug 1994075616.13$0
Jul 1994081317.56$0
Jun 1994081217.09$0
May 1994094715.88$0
Apr 1994088414.14$0
Mar 1994094112.46$0
Feb 1994091512.50$0
Jan 199401,12412.66$0
Dec 199301,07012.33$0
Nov 199301,09814.49$0
Oct 199301,06015.85$0
Sep 199301,26915.03$0
Aug 199301,49515.66$0
Jul 199301,63615.46$0
Jun 199301,66816.79$0
May 199301,53017.68$0
Apr 199302,29818.05$0
Mar 1993061718.14$0
Feb 1993082817.90$0
Jan 199301,01716.93$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.

Oct 2002 — as filed, then multipliedworked
Condensate             7 bbl  × $ 26.46 =       $185
Gas                    0 Mcf  × $  4.23 =         $0

────────────────────────────────────────────────────
Month total                                     $185

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/97901 is the state's own key, not one this site invented.