LINKEY -106-

Operated by RENEAU, JAMES SEED CO. (P-5 701747) in the PANHANDLE, EAST field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 98549District 10Field 68826001NGPA filingGasSaveExport
Value, all time
$102 k
Jan 1993 – Nov 2018
Value, last 12 filed months
$0
at the published price for each month
Months reported
311
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 2,114 leases and 2,114 wells, and the rule below applies to all of them.

Discovered
1935-12-10
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 1989-05-01.

The Commission's schedule remark for this field reads: 67% ACRES X SIWP + (PLUS) 33% DELIVERABILITY

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
GasProduction40,562 Mcf$102,160
Total$102,160

18,076 Mcf of this lease's gas, across 42 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 35.2713, -100.3820. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.27128, -100.38197 · 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
1,816 ft
1 wells filed one
Completion to plug
36.8 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 1,816 ft.

Completions filed
Feb 1982
1 of 1 wells
Plug dates filed
Nov 2018
1 of 1 wells

Last completion to plug: a median of 36.8 years across the 1 well that filed both dates, with the middle half between 36.8 years and 36.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4833100121,816 ftFeb 1982Nov 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 (311)

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

311 months

Nov 2018052.934.24$0
Oct 2018061.443.40$0
Sep 2018059.543.11$0
Aug 2018059.403.07$0
Jul 2018065.142.93$0
Jun 2018060.183.08$0
May 2018065.382.90$0
Apr 2018063.842.90$0
Mar 2018061.222.79$0
Feb 2018061.782.77$0
Jan 2018062.874.01$0
Dec 2017057.272.92$0
Nov 2017055.423.12$0
Oct 2017049.292.98$0
Sep 2017047.523.09$0
Aug 2017045.373.00$0
Jul 2017043.873.09$0
Jun 2017042.493.09$0
May 2017045.373.26$0
Apr 2017047.933.21$0
Mar 2017046.772.98$0
Feb 2017050.452.95$0
Jan 2017049.413.42$0
Dec 2016048.763.72$0
Nov 2016042.492.64$0
Oct 2016046.193.09$0
Sep 2016041.553.10$0
Aug 2016041.442.92$0
Jul 2016041.622.92$0
Jun 2016045.352.69$0
May 2016042.521.99$0
Apr 2016036.561.99$0
Mar 2016033.011.79$0
Feb 2016026.472.06$0
Jan 2016027.352.36$0
Dec 2015032.362.00$0
Nov 2015038.792.17$0
Oct 2015043.552.43$0
Sep 2015042.992.76$0
Aug 2015040.162.87$0
Jul 2015048.152.95$0
Jun 2015056.152.88$0
May 2015055.212.96$0
Apr 2015049.822.71$0
Mar 2015042.892.93$0
Feb 2015044.662.98$0
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 20145194.734.73$241
Apr 20145095.944.81$240
Mar 2014395.895.06$15
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 2013132102.523.72$491
Jun 20135594.403.93$216
May 20134694.834.15$191
Apr 20137193.964.28$304
Mar 20137593.623.91$293
Feb 20135991.233.42$202
Jan 20132391.603.42$79
Dec 2012086.773.42$0
Nov 2012086.953.62$0
Oct 2012189.383.40$3
Sep 20121594.672.92$44
Aug 20121892.662.91$52
Jul 20126485.133.02$193
Jun 20127079.822.52$176
May 20126391.612.49$157
Apr 201268101.652.00$136
Mar 201227105.052.22$60
Feb 201238101.102.57$98
Jan 20122698.092.73$71
Dec 2011096.873.24$0
Nov 2011095.723.31$0
Oct 2011084.983.65$0
Sep 2011583.623.99$20
Aug 20114483.404.15$183
Jul 20111194.144.52$50
Jun 20111392.904.64$60
May 20112198.134.40$93
Apr 20111105.964.33$4
Mar 2011096.364.06$0
Feb 20111485.644.18$59
Jan 2011386.504.59$14
Dec 2010485.734.35$17
Nov 2010080.843.80$0
Oct 2010078.103.51$0
Sep 2010472.633.98$16
Aug 20102773.684.42$119
Jul 20103872.554.74$180
Jun 20105970.364.91$290
May 201010271.124.24$432
Apr 2010081.694.12$0
Mar 2010778.394.39$31
Feb 20101173.585.44$60
Jan 20103674.365.96$215
Dec 200910371.445.48$565
Nov 200914574.593.75$544
Oct 20093672.544.11$148
Sep 20094665.543.06$141
Aug 20096267.423.22$200
Jul 20095661.133.46$194
Jun 20095966.163.90$230
May 20099154.743.93$357
Apr 20098146.773.59$291
Mar 20098142.144.06$329
Feb 20094332.814.63$199
Jan 20095335.865.37$285
Dec 20087737.105.98$460
Nov 20088355.496.86$569
Oct 20086375.246.92$436
Sep 200857101.767.88$449
Aug 200859114.228.48$501
Jul 200865131.0811.39$740
Jun 200868131.3313.03$886
May 200864123.1711.57$741
Apr 2008110110.3110.45$1,150
Mar 2008105101.909.66$1,015
Feb 20087892.538.77$684
Jan 20086790.388.21$550
Dec 20074788.337.30$343
Nov 20073791.677.29$270
Oct 200710382.856.92$713
Sep 20079275.846.24$574
Aug 200710369.066.39$658
Jul 200712570.906.39$798
Jun 200711562.007.55$868
May 200710458.747.85$816
Apr 20073559.617.81$273
Mar 2007056.927.30$0
Feb 20077555.108.22$616
Jan 20079050.306.73$605
Dec 20069056.656.92$623
Nov 200612754.207.62$967
Oct 200612754.906.01$764
Sep 200615660.085.04$786
Aug 200612768.717.34$932
Jul 20065469.376.34$343
Jun 20068466.286.38$536
May 200611166.016.42$713
Apr 20068664.397.36$633
Mar 20067656.707.08$538
Feb 20068957.597.75$690
Jan 200610560.598.93$938
Dec 200510254.9413.42$1,368
Nov 20059454.6910.59$995
Oct 200510058.3413.80$1,380
Sep 20053661.4512.08$435
Aug 200512161.519.80$1,185
Jul 200510755.697.84$839
Jun 20057852.337.38$576
May 200510445.226.65$692
Apr 200511649.207.36$854
Mar 20059850.377.15$701
Feb 20059045.226.31$568
Jan 200511443.166.32$721
Dec 200412739.866.75$857
Nov 20045145.286.33$323
Oct 20045449.706.52$352
Sep 200412543.245.28$660
Aug 200417442.375.55$966
Jul 200412538.286.08$761
Jun 200411836.106.43$759
May 20048037.486.49$520
Apr 20047734.475.86$451
Mar 20049834.365.53$542
Feb 200410332.455.51$567
Jan 200411732.036.30$737
Dec 200312330.266.30$775
Nov 200311828.804.60$542
Oct 200316328.174.76$776
Sep 200311826.314.75$560
Aug 200312029.765.13$616
Jul 200315629.415.17$807
Jun 200315028.565.98$897
May 200315426.595.97$920
Apr 200311726.675.41$633
Mar 200314031.146.10$853
Feb 200315033.487.93$1,189
Jan 200317030.315.58$949
Dec 200216626.914.85$806
Nov 200215524.664.14$641
Oct 200217726.464.23$749
Sep 200219627.443.64$713
Aug 200221525.963.16$680
Jul 200220424.583.06$625
Jun 200224223.733.34$808
May 200220524.663.58$735
Apr 200213823.653.51$485
Mar 200218322.003.10$568
Feb 200217818.222.38$423
Jan 200220617.172.38$489
Dec 200121116.932.36$499
Nov 200120018.072.41$481
Oct 200111319.782.53$286
Sep 200117624.262.25$396
Aug 200121424.873.05$653
Jul 200121323.933.20$681
Jun 200122824.563.82$872
May 200125625.524.31$1,103
Apr 200120924.685.34$1,115
Mar 200119024.545.38$1,022
Feb 200119427.755.77$1,119
Jan 200119327.478.40$1,621
Dec 200020826.889.12$1,897
Nov 200021832.215.66$1,233
Oct 200023231.235.15$1,194
Sep 200023031.875.19$1,193
Aug 200024629.644.54$1,117
Jul 200025028.534.09$1,022
Jun 200024229.304.40$1,064
May 200019527.263.68$718
Apr 200016624.513.12$517
Mar 200015128.422.86$432
Feb 200013027.622.73$354
Jan 200020925.272.48$518
Dec 199919624.282.42$475
Nov 199923123.192.43$562
Oct 199920020.982.80$561
Sep 199919821.752.62$519
Aug 199921919.262.88$630
Jul 199923517.892.37$558
Jun 199923715.942.36$560
May 199924015.792.32$557
Apr 199924415.102.21$539
Mar 199920812.471.84$382
Feb 19991769.981.82$320
Jan 199916310.381.90$310
Dec 19981059.201.77$186
Nov 199816710.892.19$365
Oct 199820012.421.97$394
Sep 199817012.592.08$354
Aug 199820511.301.91$391
Jul 199824011.742.24$537
Jun 199822911.242.24$512
May 199818012.622.21$397
Apr 199830413.042.51$762
Mar 199819412.802.31$448
Feb 199820013.952.30$460
Jan 199831214.702.15$672
Dec 199727516.322.41$663
Nov 199732318.193.09$998
Oct 1997019.253.15$0
Sep 1997017.742.95$0
Aug 1997017.862.55$0
Jul 1997017.582.25$0
Jun 1997017.242.26$0
May 1997018.972.31$0
Apr 1997017.882.08$0
Mar 1997018.951.94$0
Feb 19976320.492.21$139
Jan 199728023.483.54$991
Dec 199627523.32$0
Nov 199630721.97$0
Oct 199630323.31$0
Sep 199632922.22$0
Aug 199629520.26$0
Jul 199630819.55$0
Jun 199632818.73$0
May 199635319.43$0
Apr 199635421.51$0
Mar 199631919.38$0
Feb 199630616.98$0
Jan 199635417.07$0
Dec 199516017.19$0
Nov 199540716.00$0
Oct 199538915.43$0
Sep 199539716.18$0
Aug 199534315.92$0
Jul 199526115.24$0
Jun 199512716.41$0
May 199533517.56$0
Apr 199536817.73$0
Mar 199532416.44$0
Feb 199539816.58$0
Jan 199538215.92$0
Dec 199439315.03$0
Nov 199446315.90$0
Oct 199433415.58$0
Sep 199446515.29$0
Aug 199449116.13$0
Jul 199449517.56$0
Jun 199455817.09$0
May 199456315.88$0
Apr 199440814.14$0
Mar 1994012.46$0
Feb 1994012.50$0
Jan 1994012.66$0
Dec 1993012.33$0
Nov 1993014.49$0
Oct 1993015.85$0
Sep 199352215.03$0
Aug 199358415.66$0
Jul 199367315.46$0
Jun 199368316.79$0
May 199360417.68$0
Apr 199388118.05$0
Mar 199385918.14$0
Feb 199365217.90$0
Jan 199372616.93$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.

May 2014 — as filed, then multipliedworked
Gas                   51 Mcf  × $  4.73 =       $241

────────────────────────────────────────────────────
Month total                                     $241

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/98549 is the state's own key, not one this site invented.