PRICE

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

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

Oil lease lease 3599District 10Field 43802180OilCasinghead gasSave Export

Value, all time

$1.7 M

Jan 1993 – Sep 2013

Value, last 12 filed months

at the published price for each month

Months reported

249

no gaps in the span

Streams

oil, casinghead gas

The HUTCH (GRANITE WASH) 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 4 leases and 4 wells, and the rule below applies to all of them.

Discovered

1968-09-13

as the register files it

Field class

Oil

the register's own label

Between wells

—

no field rule filed

From a lease line

—

no field rule filed

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	54,401 bbl	$1,662,949
Casinghead gas	Production	32,700 Mcf	$84,538
Total			$1,747,487

9,354 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 35.6876, -101.1829. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.68763, -101.18289 · 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

100.0%

1 of 1 wells

With a plug date

100.0%

1 of 1 wells

Median depth

6,440 ft

1 wells filed one

Completion to plug

19.3 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 6,440 ft.

Completions filed

Mar 1991

1 of 1 wells

Plug dates filed

Jul 2010

1 of 1 wells

Last completion to plug: a median of 19.3 years across the 1 well that filed both dates, with the middle half between 19.3 years and 19.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-23330068	1	6,440 ft	Mar 1991	Jul 2010	Yes

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 (249)

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

249 months


Sep 2013	0	0	104.11	3.72	$0
Aug 2013	0	0	104.25	3.52	$0
Jul 2013	0	0	102.52	3.72	$0
Jun 2013	0	0	94.40	3.93	$0
May 2013	0	0	94.83	4.15	$0
Apr 2013	0	0	93.96	4.28	$0
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	0	86.77	3.42	$0
Nov 2012	0	0	86.95	3.62	$0
Oct 2012	0	0	89.38	3.40	$0
Sep 2012	0	0	94.67	2.92	$0
Aug 2012	0	0	92.66	2.91	$0
Jul 2012	0	0	85.13	3.02	$0
Jun 2012	0	0	79.82	2.52	$0
May 2012	0	0	91.61	2.49	$0
Apr 2012	89	0	101.65	2.00	$9,047
Mar 2012	0	0	105.05	2.22	$0
Feb 2012	0	0	101.10	2.57	$0
Jan 2012	0	0	98.09	2.73	$0
Dec 2011	0	0	96.87	3.24	$0
Nov 2011	0	0	95.72	3.31	$0
Oct 2011	0	0	84.98	3.65	$0
Sep 2011	0	0	83.62	3.99	$0
Aug 2011	0	0	83.40	4.15	$0
Jul 2011	0	0	94.14	4.52	$0
Jun 2011	0	0	92.90	4.64	$0
May 2011	0	0	98.13	4.40	$0
Apr 2011	0	0	105.96	4.33	$0
Mar 2011	0	0	96.36	4.06	$0
Feb 2011	0	0	85.64	4.18	$0
Jan 2011	0	0	86.50	4.59	$0
Dec 2010	0	0	85.73	4.35	$0
Nov 2010	0	0	80.84	3.80	$0
Oct 2010	0	0	78.10	3.51	$0
Sep 2010	0	0	72.63	3.98	$0
Aug 2010	0	0	73.68	4.42	$0
Jul 2010	0	0	72.55	4.74	$0
Jun 2010	0	0	70.36	4.91	$0
May 2010	0	0	71.12	4.24	$0
Apr 2010	0	0	81.69	4.12	$0
Mar 2010	0	0	78.39	4.39	$0
Feb 2010	0	0	73.58	5.44	$0
Jan 2010	0	0	74.36	5.96	$0
Dec 2009	0	0	71.44	5.48	$0
Nov 2009	0	0	74.59	3.75	$0
Oct 2009	0	0	72.54	4.11	$0
Sep 2009	0	0	65.54	3.06	$0
Aug 2009	0	0	67.42	3.22	$0
Jul 2009	0	0	61.13	3.46	$0
Jun 2009	0	0	66.16	3.90	$0
May 2009	0	0	54.74	3.93	$0
Apr 2009	0	0	46.77	3.59	$0
Mar 2009	45	0	42.14	4.06	$1,896
Feb 2009	0	0	32.81	4.63	$0
Jan 2009	0	0	35.86	5.37	$0
Dec 2008	0	0	37.10	5.98	$0
Nov 2008	0	0	55.49	6.86	$0
Oct 2008	0	0	75.24	6.92	$0
Sep 2008	0	0	101.76	7.88	$0
Aug 2008	0	0	114.22	8.48	$0
Jul 2008	0	0	131.08	11.39	$0
Jun 2008	0	0	131.33	13.03	$0
May 2008	0	0	123.17	11.57	$0
Apr 2008	0	0	110.31	10.45	$0
Mar 2008	0	0	101.90	9.66	$0
Feb 2008	0	0	92.53	8.77	$0
Jan 2008	0	0	90.38	8.21	$0
Dec 2007	0	0	88.33	7.30	$0
Nov 2007	0	0	91.67	7.29	$0
Oct 2007	518	0	82.85	6.92	$42,916
Sep 2007	709	0	75.84	6.24	$53,771
Aug 2007	879	0	69.06	6.39	$60,704
Jul 2007	537	0	70.90	6.39	$38,073
Jun 2007	723	0	62.00	7.55	$44,826
May 2007	903	0	58.74	7.85	$53,042
Apr 2007	914	0	59.61	7.81	$54,484
Mar 2007	362	0	56.92	7.30	$20,605
Feb 2007	0	0	55.10	8.22	$0
Jan 2007	0	0	50.30	6.73	$0
Dec 2006	174	0	56.65	6.92	$9,857
Nov 2006	0	0	54.20	7.62	$0
Oct 2006	180	0	54.90	6.01	$9,882
Sep 2006	170	10	60.08	5.04	$10,264
Aug 2006	0	22	68.71	7.34	$161
Jul 2006	179	22	69.37	6.34	$12,557
Jun 2006	177	20	66.28	6.38	$11,859
May 2006	709	22	66.01	6.42	$46,942
Apr 2006	0	0	64.39	7.36	$0
Mar 2006	0	22	56.70	7.08	$156
Feb 2006	0	18	57.59	7.75	$140
Jan 2006	0	22	60.59	8.93	$197
Dec 2005	42	22	54.94	13.42	$2,603
Nov 2005	352	20	54.69	10.59	$19,463
Oct 2005	520	22	58.34	13.80	$30,640
Sep 2005	172	20	61.45	12.08	$10,811
Aug 2005	354	22	61.51	9.80	$21,990
Jul 2005	371	60	55.69	7.84	$21,132
Jun 2005	0	20	52.33	7.38	$148
May 2005	174	62	45.22	6.65	$8,281
Apr 2005	365	20	49.20	7.36	$18,105
Mar 2005	186	34	50.37	7.15	$9,612
Feb 2005	543	189	45.22	6.31	$25,747
Jan 2005	0	73	43.16	6.32	$462
Dec 2004	365	266	39.86	6.75	$16,345
Nov 2004	180	161	45.28	6.33	$9,170
Oct 2004	366	238	49.70	6.52	$19,741
Sep 2004	305	169	43.24	5.28	$14,081
Aug 2004	552	258	42.37	5.55	$24,820
Jul 2004	712	186	38.28	6.08	$28,387
Jun 2004	366	151	36.10	6.43	$14,184
May 2004	678	307	37.48	6.49	$27,405
Apr 2004	563	195	34.47	5.86	$20,549
Mar 2004	731	85	34.36	5.53	$25,587
Feb 2004	552	25	32.45	5.51	$18,050
Jan 2004	497	77	32.03	6.30	$16,404
Dec 2003	559	22	30.26	6.30	$17,054
Nov 2003	190	22	28.80	4.60	$5,573
Oct 2003	524	177	28.17	4.76	$15,604
Sep 2003	206	233	26.31	4.75	$6,526
Aug 2003	583	255	29.76	5.13	$18,658
Jul 2003	560	241	29.41	5.17	$17,716
Jun 2003	386	222	28.56	5.98	$12,352
May 2003	578	232	26.59	5.97	$16,755
Apr 2003	569	243	26.67	5.41	$16,489
Mar 2003	368	50	31.14	6.10	$11,764
Feb 2003	387	45	33.48	7.93	$13,313
Jan 2003	371	146	30.31	5.58	$12,060
Dec 2002	553	439	26.91	4.85	$17,012
Nov 2002	551	791	24.66	4.14	$16,860
Oct 2002	381	421	26.46	4.23	$11,862
Sep 2002	547	287	27.44	3.64	$16,053
Aug 2002	542	199	25.96	3.16	$14,700
Jul 2002	525	76	24.58	3.06	$13,137
Jun 2002	538	203	23.73	3.34	$13,444
May 2002	362	188	24.66	3.58	$9,601
Apr 2002	341	182	23.65	3.51	$8,704
Mar 2002	372	267	22.00	3.10	$9,012
Feb 2002	355	370	18.22	2.38	$7,347
Jan 2002	549	62	17.17	2.38	$9,574
Dec 2001	342	92	16.93	2.36	$6,008
Nov 2001	495	124	18.07	2.41	$9,243
Oct 2001	341	111	19.78	2.53	$7,026
Sep 2001	333	211	24.26	2.25	$8,554
Aug 2001	338	483	24.87	3.05	$9,881
Jul 2001	341	383	23.93	3.20	$9,385
Jun 2001	170	212	24.56	3.82	$4,986
May 2001	362	153	25.52	4.31	$9,897
Apr 2001	352	365	24.68	5.34	$10,635
Mar 2001	372	203	24.54	5.38	$10,220
Feb 2001	372	225	27.75	5.77	$11,621
Jan 2001	384	64	27.47	8.40	$11,086
Dec 2000	189	99	26.88	9.12	$5,983
Nov 2000	381	301	32.21	5.66	$13,975
Oct 2000	373	284	31.23	5.15	$13,110
Sep 2000	196	192	31.87	5.19	$7,242
Aug 2000	190	171	29.64	4.54	$6,408
Jul 2000	379	113	28.53	4.09	$11,275
Jun 2000	196	270	29.30	4.40	$6,930
May 2000	357	692	27.26	3.68	$12,278
Apr 2000	0	169	24.51	3.12	$527
Mar 2000	0	0	28.42	2.86	$0
Feb 2000	0	3	27.62	2.73	$8
Jan 2000	0	0	25.27	2.48	$0
Dec 1999	0	26	24.28	2.42	$63
Nov 1999	0	0	23.19	2.43	$0
Oct 1999	191	132	20.98	2.80	$4,377
Sep 1999	352	155	21.75	2.62	$8,062
Aug 1999	199	123	19.26	2.88	$4,186
Jul 1999	179	345	17.89	2.37	$4,021
Jun 1999	572	394	15.94	2.36	$10,048
May 1999	373	265	15.79	2.32	$6,505
Apr 1999	626	78	15.10	2.21	$9,625
Mar 1999	387	820	12.47	1.84	$6,333
Feb 1999	189	746	9.98	1.82	$3,242
Jan 1999	0	0	10.38	1.90	$0
Dec 1998	539	207	9.20	1.77	$5,326
Nov 1998	0	776	10.89	2.19	$1,696
Oct 1998	382	953	12.42	1.97	$6,621
Sep 1998	558	527	12.59	2.08	$8,123
Aug 1998	382	595	11.30	1.91	$5,451
Jul 1998	342	98	11.74	2.24	$4,234
Jun 1998	361	205	11.24	2.24	$4,516
May 1998	388	646	12.62	2.21	$6,322
Apr 1998	188	118	13.04	2.51	$2,747
Mar 1998	0	117	12.80	2.31	$270
Feb 1998	0	268	13.95	2.30	$616
Jan 1998	177	545	14.70	2.15	$3,776
Dec 1997	0	108	16.32	2.41	$260
Nov 1997	0	128	18.19	3.09	$395
Oct 1997	0	128	19.25	3.15	$403
Sep 1997	184	113	17.74	2.95	$3,598
Aug 1997	363	55	17.86	2.55	$6,624
Jul 1997	0	127	17.58	2.25	$285
Jun 1997	257	118	17.24	2.26	$4,697
May 1997	570	223	18.97	2.31	$11,328
Apr 1997	298	349	17.88	2.08	$6,055
Mar 1997	514	690	18.95	1.94	$11,078
Feb 1997	0	15	20.49	2.21	$33
Jan 1997	187	20	23.48	3.54	$4,462
Dec 1996	537	208	23.32	—	$12,523
Nov 1996	208	269	21.97	—	$4,570
Oct 1996	579	501	23.31	—	$13,496
Sep 1996	569	414	22.22	—	$12,643
Aug 1996	342	427	20.26	—	$6,929
Jul 1996	204	348	19.55	—	$3,988
Jun 1996	305	155	18.73	—	$5,713
May 1996	370	152	19.43	—	$7,189
Apr 1996	0	250	21.51	—	$0
Mar 1996	0	122	19.38	—	$0
Feb 1996	159	43	16.98	—	$2,700
Jan 1996	150	129	17.07	—	$2,561
Dec 1995	216	111	17.19	—	$3,713
Nov 1995	0	158	16.00	—	$0
Oct 1995	0	122	15.43	—	$0
Sep 1995	366	293	16.18	—	$5,922
Aug 1995	508	134	15.92	—	$8,087
Jul 1995	0	135	15.24	—	$0
Jun 1995	351	128	16.41	—	$5,760
May 1995	180	282	17.56	—	$3,161
Apr 1995	0	215	17.73	—	$0
Mar 1995	0	209	16.44	—	$0
Feb 1995	359	371	16.58	—	$5,952
Jan 1995	302	272	15.92	—	$4,808
Dec 1994	0	209	15.03	—	$0
Nov 1994	357	141	15.90	—	$5,676
Oct 1994	532	212	15.58	—	$8,289
Sep 1994	0	159	15.29	—	$0
Aug 1994	166	155	16.13	—	$2,678
Jul 1994	189	97	17.56	—	$3,319
Jun 1994	346	216	17.09	—	$5,913
May 1994	339	69	15.88	—	$5,383
Apr 1994	321	79	14.14	—	$4,539
Mar 1994	389	60	12.46	—	$4,847
Feb 1994	0	87	12.50	—	$0
Jan 1994	0	89	12.66	—	$0
Dec 1993	358	60	12.33	—	$4,414
Nov 1993	291	132	14.49	—	$4,217
Oct 1993	375	244	15.85	—	$5,944
Sep 1993	340	191	15.03	—	$5,110
Aug 1993	365	60	15.66	—	$5,716
Jul 1993	314	228	15.46	—	$4,854
Jun 1993	687	296	16.79	—	$11,535
May 1993	296	247	17.68	—	$5,233
Apr 1993	0	213	18.05	—	$0
Mar 1993	0	276	18.14	—	$0
Feb 1993	358	276	17.90	—	$6,408
Jan 1993	341	110	16.93	—	$5,773

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.

Apr 2012 — as filed, then multipliedworked

Oil                   89 bbl  × $101.65 =     $9,047
Casinghead gas         0 Mcf  × $  2.00 =         $0

────────────────────────────────────────────────────
Month total                                   $9,047

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/3599 is the state's own key, not one this site invented.