LYALL-SEABOARD

Name: LYALL-SEABOARD lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by PG-M INTERNATIONAL OPERATING,LLC (P-5 631795) in the PANHANDLE HUTCHINSON COUNTY FLD. field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 1582District 10Field 68887001NGPA filingOilCasinghead gasSave Export

Value, all time

$1.4 M

Jan 1993 – Apr 2015

Value, last 12 filed months

at the published price for each month

Months reported

268

no gaps in the span

Streams

oil, casinghead gas

The PANHANDLE HUTCHINSON COUNTY FLD. field

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 918 leases and 8,177 wells, and the rule below applies to all of them.

Discovered

1921-12-31

as the register files it

Field class

Oil

the register's own label

Between wells

467 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 1989-05-01.

The Commission's schedule remark for this field reads: “SPECIAL TESTING REQUIREMENTS FOR WELLS WITH GOR GREATER THAN 5000.”

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.

Programme	Filings	With an approval date	Dated	Docket
NGPA	6	none	—	—

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.

Stream	Basis	Volume	Value
Oil	Disposition	37,158 bbl	$1,261,925
Casinghead gas	Production	48,432 Mcf	$166,272
Total			$1,428,197

15,003 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 (7)

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 35.7884, -101.3394. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.6 miles.

35.78894, -101.33850 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

14.3%

1 of 7 wells

With a plug date

14.3%

1 of 7 wells

Median depth

2,873 ft

2 wells filed one

Completion to plug

—

no well filed both dates

What the state filed about each well

On the RRC proration schedule

114.3%

A plug date is filed

114.3%

BothOn the schedule and plugged. Neither fact cancels the other.

114.3%

NeitherNo plug date, and not on the schedule.

685.7%

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

Between 2,837 and 2,909 ft, median 2,873 ft, over the 2 wells that filed a depth.

Completions filed

Sep 1962 – Sep 1985

2 of 7 wells; 5 filed none

Plug dates filed

Aug 1970

1 of 7 wells; 6 filed none

7 wells


42-23385759	1	—	—	Aug 1970	Yes
42-23384200	2	—	—	—	—
42-23384201	3	—	—	—	—
42-23384202	4	—	—	—	—
42-23384203	5	—	—	—	—
42-23332175	7	2,909 ft	Sep 1985	—	—
42-23305539	6	2,837 ft	Sep 1962	—	—

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 (268)

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

268 months


Apr 2015	0	0	49.82	2.71	$0
Mar 2015	0	0	42.89	2.93	$0
Feb 2015	0	0	44.66	2.98	$0
Jan 2015	0	0	43.43	3.10	$0
Dec 2014	0	0	54.69	3.59	$0
Nov 2014	0	0	70.46	4.25	$0
Oct 2014	0	0	78.30	3.90	$0
Sep 2014	0	0	86.16	4.05	$0
Aug 2014	0	0	89.39	4.04	$0
Jul 2014	0	0	96.56	4.18	$0
Jun 2014	0	0	98.16	4.74	$0
May 2014	0	0	94.73	4.73	$0
Apr 2014	0	0	95.94	4.81	$0
Mar 2014	0	0	95.89	5.06	$0
Feb 2014	0	0	97.40	6.19	$0
Jan 2014	0	0	90.40	4.86	$0
Dec 2013	0	0	91.82	4.35	$0
Nov 2013	0	412	88.85	3.74	$1,540
Oct 2013	0	315	97.42	3.78	$1,191
Sep 2013	0	295	104.11	3.72	$1,097
Aug 2013	0	381	104.25	3.52	$1,342
Jul 2013	0	573	102.52	3.72	$2,130
Jun 2013	55	434	94.40	3.93	$6,899
May 2013	0	1,037	94.83	4.15	$4,303
Apr 2013	32	412	93.96	4.28	$4,771
Mar 2013	0	0	93.62	3.91	$0
Feb 2013	0	0	91.23	3.42	$0
Jan 2013	0	0	91.60	3.42	$0
Dec 2012	0	324	86.77	3.42	$1,108
Nov 2012	0	0	86.95	3.62	$0
Oct 2012	0	142	89.38	3.40	$483
Sep 2012	177	201	94.67	2.92	$17,343
Aug 2012	0	64	92.66	2.91	$186
Jul 2012	0	21	85.13	3.02	$63
Jun 2012	172	106	79.82	2.52	$13,996
May 2012	0	17	91.61	2.49	$42
Apr 2012	36	87	101.65	2.00	$3,833
Mar 2012	0	110	105.05	2.22	$244
Feb 2012	40	249	101.10	2.57	$4,684
Jan 2012	0	177	98.09	2.73	$484
Dec 2011	35	0	96.87	3.24	$3,390
Nov 2011	36	0	95.72	3.31	$3,446
Oct 2011	0	0	84.98	3.65	$0
Sep 2011	36	0	83.62	3.99	$3,010
Aug 2011	36	0	83.40	4.15	$3,002
Jul 2011	34	0	94.14	4.52	$3,201
Jun 2011	38	0	92.90	4.64	$3,530
May 2011	75	0	98.13	4.40	$7,360
Apr 2011	39	0	105.96	4.33	$4,132
Mar 2011	38	0	96.36	4.06	$3,662
Feb 2011	38	0	85.64	4.18	$3,254
Jan 2011	68	0	86.50	4.59	$5,882
Dec 2010	38	0	85.73	4.35	$3,258
Nov 2010	74	0	80.84	3.80	$5,982
Oct 2010	36	0	78.10	3.51	$2,812
Sep 2010	0	0	72.63	3.98	$0
Aug 2010	35	0	73.68	4.42	$2,579
Jul 2010	76	0	72.55	4.74	$5,514
Jun 2010	37	0	70.36	4.91	$2,603
May 2010	77	0	71.12	4.24	$5,476
Apr 2010	75	0	81.69	4.12	$6,127
Mar 2010	34	0	78.39	4.39	$2,665
Feb 2010	36	0	73.58	5.44	$2,649
Jan 2010	62	0	74.36	5.96	$4,610
Dec 2009	73	0	71.44	5.48	$5,215
Nov 2009	80	0	74.59	3.75	$5,967
Oct 2009	489	0	72.54	4.11	$35,472
Sep 2009	356	0	65.54	3.06	$23,332
Aug 2009	0	0	67.42	3.22	$0
Jul 2009	167	0	61.13	3.46	$10,209
Jun 2009	0	0	66.16	3.90	$0
May 2009	169	0	54.74	3.93	$9,251
Apr 2009	170	191	46.77	3.59	$8,636
Mar 2009	169	252	42.14	4.06	$8,145
Feb 2009	0	24	32.81	4.63	$111
Jan 2009	0	34	35.86	5.37	$183
Dec 2008	0	8	37.10	5.98	$48
Nov 2008	157	154	55.49	6.86	$9,768
Oct 2008	165	10	75.24	6.92	$12,484
Sep 2008	0	2	101.76	7.88	$16
Aug 2008	170	440	114.22	8.48	$23,150
Jul 2008	173	163	131.08	11.39	$24,533
Jun 2008	0	10	131.33	13.03	$130
May 2008	171	222	123.17	11.57	$23,632
Apr 2008	0	1	110.31	10.45	$10
Mar 2008	0	44	101.90	9.66	$425
Feb 2008	183	223	92.53	8.77	$18,889
Jan 2008	0	3	90.38	8.21	$25
Dec 2007	162	133	88.33	7.30	$15,281
Nov 2007	169	430	91.67	7.29	$18,628
Oct 2007	0	6	82.85	6.92	$42
Sep 2007	168	289	75.84	6.24	$14,546
Aug 2007	157	793	69.06	6.39	$15,908
Jul 2007	492	547	70.90	6.39	$38,377
Jun 2007	167	539	62.00	7.55	$14,423
May 2007	258	344	58.74	7.85	$17,854
Apr 2007	170	464	59.61	7.81	$13,755
Mar 2007	343	294	56.92	7.30	$21,670
Feb 2007	0	373	55.10	8.22	$3,065
Jan 2007	0	66	50.30	6.73	$444
Dec 2006	152	113	56.65	6.92	$9,393
Nov 2006	0	4	54.20	7.62	$30
Oct 2006	128	139	54.90	6.01	$7,863
Sep 2006	0	4	60.08	5.04	$20
Aug 2006	0	35	68.71	7.34	$257
Jul 2006	169	272	69.37	6.34	$13,449
Jun 2006	162	131	66.28	6.38	$11,574
May 2006	168	301	66.01	6.42	$13,024
Apr 2006	160	133	64.39	7.36	$11,281
Mar 2006	158	129	56.70	7.08	$9,872
Feb 2006	144	171	57.59	7.75	$9,618
Jan 2006	340	322	60.59	8.93	$23,477
Dec 2005	165	200	54.94	13.42	$11,748
Nov 2005	0	8	54.69	10.59	$85
Oct 2005	144	149	58.34	13.80	$10,457
Sep 2005	173	467	61.45	12.08	$16,272
Aug 2005	330	367	61.51	9.80	$23,894
Jul 2005	172	260	55.69	7.84	$11,618
Jun 2005	186	250	52.33	7.38	$11,579
May 2005	345	279	45.22	6.65	$17,457
Apr 2005	352	303	49.20	7.36	$19,549
Mar 2005	337	261	50.37	7.15	$18,842
Feb 2005	312	264	45.22	6.31	$15,775
Jan 2005	126	128	43.16	6.32	$6,247
Dec 2004	170	133	39.86	6.75	$7,674
Nov 2004	185	271	45.28	6.33	$10,092
Oct 2004	170	288	49.70	6.52	$10,325
Sep 2004	78	101	43.24	5.28	$3,906
Aug 2004	112	152	42.37	5.55	$5,589
Jul 2004	177	355	38.28	6.08	$8,935
Jun 2004	176	434	36.10	6.43	$9,146
May 2004	0	0	37.48	6.49	$0
Apr 2004	0	0	34.47	5.86	$0
Mar 2004	179	0	34.36	5.53	$6,150
Feb 2004	0	269	32.45	5.51	$1,482
Jan 2004	144	33	32.03	6.30	$4,820
Dec 2003	0	0	30.26	6.30	$0
Nov 2003	178	11	28.80	4.60	$5,177
Oct 2003	0	185	28.17	4.76	$881
Sep 2003	182	277	26.31	4.75	$6,104
Aug 2003	183	307	29.76	5.13	$7,021
Jul 2003	0	175	29.41	5.17	$905
Jun 2003	175	177	28.56	5.98	$6,057
May 2003	180	201	26.59	5.97	$5,987
Apr 2003	181	128	26.67	5.41	$5,519
Mar 2003	178	213	31.14	6.10	$6,841
Feb 2003	0	98	33.48	7.93	$777
Jan 2003	178	166	30.31	5.58	$6,322
Dec 2002	179	135	26.91	4.85	$5,472
Nov 2002	0	104	24.66	4.14	$430
Oct 2002	171	246	26.46	4.23	$5,565
Sep 2002	184	319	27.44	3.64	$6,209
Aug 2002	188	249	25.96	3.16	$5,668
Jul 2002	181	239	24.58	3.06	$5,181
Jun 2002	0	244	23.73	3.34	$815
May 2002	186	159	24.66	3.58	$5,157
Apr 2002	180	206	23.65	3.51	$4,981
Mar 2002	179	118	22.00	3.10	$4,304
Feb 2002	175	330	18.22	2.38	$3,972
Jan 2002	0	309	17.17	2.38	$734
Dec 2001	179	329	16.93	2.36	$3,808
Nov 2001	182	191	18.07	2.41	$3,748
Oct 2001	178	313	19.78	2.53	$4,312
Sep 2001	0	242	24.26	2.25	$545
Aug 2001	178	103	24.87	3.05	$4,741
Jul 2001	182	90	23.93	3.20	$4,643
Jun 2001	179	102	24.56	3.82	$4,786
May 2001	183	186	25.52	4.31	$5,471
Apr 2001	182	132	24.68	5.34	$5,196
Mar 2001	181	118	24.54	5.38	$5,076
Feb 2001	362	144	27.75	5.77	$10,876
Jan 2001	0	186	27.47	8.40	$1,562
Dec 2000	183	138	26.88	9.12	$6,178
Nov 2000	0	126	32.21	5.66	$713
Oct 2000	179	138	31.23	5.15	$6,300
Sep 2000	180	144	31.87	5.19	$6,483
Aug 2000	178	121	29.64	4.54	$5,825
Jul 2000	183	120	28.53	4.09	$5,712
Jun 2000	181	127	29.30	4.40	$5,862
May 2000	181	104	27.26	3.68	$5,317
Apr 2000	179	103	24.51	3.12	$4,708
Mar 2000	181	111	28.42	2.86	$5,461
Feb 2000	182	102	27.62	2.73	$5,305
Jan 2000	180	83	25.27	2.48	$4,754
Dec 1999	173	93	24.28	2.42	$4,426
Nov 1999	179	143	23.19	2.43	$4,499
Oct 1999	182	118	20.98	2.80	$4,149
Sep 1999	0	169	21.75	2.62	$443
Aug 1999	181	227	19.26	2.88	$4,139
Jul 1999	182	240	17.89	2.37	$3,825
Jun 1999	363	206	15.94	2.36	$6,273
May 1999	182	170	15.79	2.32	$3,268
Apr 1999	183	0	15.10	2.21	$2,763
Mar 1999	0	0	12.47	1.84	$0
Feb 1999	0	171	9.98	1.82	$311
Jan 1999	0	192	10.38	1.90	$365
Dec 1998	163	160	9.20	1.77	$1,783
Nov 1998	179	188	10.89	2.19	$2,360
Oct 1998	182	196	12.42	1.97	$2,646
Sep 1998	184	194	12.59	2.08	$2,721
Aug 1998	182	208	11.30	1.91	$2,453
Jul 1998	182	227	11.74	2.24	$2,645
Jun 1998	182	240	11.24	2.24	$2,583
May 1998	365	291	12.62	2.21	$5,248
Apr 1998	179	228	13.04	2.51	$2,905
Mar 1998	0	217	12.80	2.31	$501
Feb 1998	152	192	13.95	2.30	$2,562
Jan 1998	170	237	14.70	2.15	$3,010
Dec 1997	165	120	16.32	2.41	$2,982
Nov 1997	171	161	18.19	3.09	$3,608
Oct 1997	171	246	19.25	3.15	$4,067
Sep 1997	342	263	17.74	2.95	$6,844
Aug 1997	0	276	17.86	2.55	$705
Jul 1997	344	258	17.58	2.25	$6,627
Jun 1997	169	247	17.24	2.26	$3,471
May 1997	344	305	18.97	2.31	$7,230
Apr 1997	171	242	17.88	2.08	$3,562
Mar 1997	345	234	18.95	1.94	$6,992
Feb 1997	171	222	20.49	2.21	$3,994
Jan 1997	170	257	23.48	3.54	$4,901
Dec 1996	171	201	23.32	—	$3,988
Nov 1996	173	247	21.97	—	$3,801
Oct 1996	173	398	23.31	—	$4,033
Sep 1996	342	814	22.22	—	$7,599
Aug 1996	173	900	20.26	—	$3,505
Jul 1996	173	906	19.55	—	$3,382
Jun 1996	173	666	18.73	—	$3,240
May 1996	345	460	19.43	—	$6,703
Apr 1996	338	357	21.51	—	$7,270
Mar 1996	342	224	19.38	—	$6,628
Feb 1996	344	188	16.98	—	$5,841
Jan 1996	342	227	17.07	—	$5,838
Dec 1995	511	254	17.19	—	$8,784
Nov 1995	345	328	16.00	—	$5,520
Oct 1995	340	399	15.43	—	$5,246
Sep 1995	518	411	16.18	—	$8,381
Aug 1995	513	368	15.92	—	$8,167
Jul 1995	343	353	15.24	—	$5,227
Jun 1995	172	255	16.41	—	$2,823
May 1995	174	225	17.56	—	$3,055
Apr 1995	173	179	17.73	—	$3,067
Mar 1995	171	185	16.44	—	$2,811
Feb 1995	346	154	16.58	—	$5,737
Jan 1995	0	192	15.92	—	$0
Dec 1994	170	210	15.03	—	$2,555
Nov 1994	171	191	15.90	—	$2,719
Oct 1994	170	233	15.58	—	$2,649
Sep 1994	345	273	15.29	—	$5,275
Aug 1994	171	319	16.13	—	$2,758
Jul 1994	171	473	17.56	—	$3,003
Jun 1994	172	325	17.09	—	$2,939
May 1994	172	102	15.88	—	$2,731
Apr 1994	174	191	14.14	—	$2,460
Mar 1994	341	205	12.46	—	$4,249
Feb 1994	169	155	12.50	—	$2,113
Jan 1994	170	200	12.66	—	$2,152
Dec 1993	337	224	12.33	—	$4,155
Nov 1993	168	244	14.49	—	$2,434
Oct 1993	173	328	15.85	—	$2,742
Sep 1993	346	337	15.03	—	$5,200
Aug 1993	172	339	15.66	—	$2,694
Jul 1993	172	342	15.46	—	$2,659
Jun 1993	172	331	16.79	—	$2,888
May 1993	138	249	17.68	—	$2,440
Apr 1993	306	245	18.05	—	$5,523
Mar 1993	459	233	18.14	—	$8,326
Feb 1993	0	190	17.90	—	$0
Jan 1993	328	173	16.93	—	$5,553

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.

Nov 2013 — as filed, then multipliedworked

Oil                    0 bbl  × $ 88.85 =         $0
Casinghead gas       412 Mcf  × $  3.74 =     $1,540

────────────────────────────────────────────────────
Month total                                   $1,540

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/O/1582 is the state's own key, not one this site invented.