YAKE "B"

Operated by LINN OPERATING, INC. (P-5 501545) 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 4462District 10Field 68887001NGPA filingOilCasinghead gasSaveExport
Value, all time
$1.5 M
Jan 1993 – Feb 2015
Value, last 12 filed months
$3 k
at the published price for each month
Months reported
266
no gaps in the span
Streams
2
oil, casinghead 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 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.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA7none

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
OilDisposition20,298 bbl$630,589
Casinghead gasProduction245,595 Mcf$859,726
Total$1,490,315

76,522 Mcf of this lease's gas, across 47 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 35.7518, -101.5306. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.9 miles.

35.75214, -101.53015 · 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%
7 of 7 wells
With a plug date
100.0%
7 of 7 wells
Median depth
3,200 ft
7 wells filed one
Completion to plug
32.8 years
median over 7 wells

What the state filed about each well

On the RRC proration schedule
7100.0%
A plug date is filed
7100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
7100.0%
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

Between 3,061 and 3,258 ft, median 3,200 ft, over the 7 wells that filed a depth.

Completions filed
Jun 1979 – Aug 1997
7 of 7 wells
Plug dates filed
May 1997 – May 2014
7 of 7 wells

Last completion to plug: a median of 32.8 years across the 7 wells that filed both dates, with the middle half between 23.7 years and 33.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

7 wells

42-2333113673,061 ftAug 1997May 2014Yes
42-2333093943,208 ftOct 1983May 2014Yes
42-233311908A3,152 ftAug 1981May 1997Yes
42-2333116263,258 ftJul 1981May 2014Yes
42-2333111953,255 ftJul 1981May 2014Yes
42-2333067833,200 ftSep 1979Apr 2014Yes
42-2333068123,172 ftJun 1979May 2014Yes

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 (266)

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

266 months

Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 201427096.564.18$2,607
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 2011032984.983.65$1,200
Sep 2011140083.623.99$11,707
Aug 20110083.404.15$0
Jul 2011018094.144.52$813
Jun 2011019492.904.64$900
May 201119030198.134.40$19,971
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 2011010986.504.59$500
Dec 20100985.734.35$39
Nov 201009380.843.80$353
Oct 2010033378.103.51$1,168
Sep 2010027872.633.98$1,106
Aug 2010022373.684.42$986
Jul 20101817572.554.74$13,487
Jun 2010018370.364.91$899
May 201007371.124.24$309
Apr 201008981.694.12$367
Mar 201018726878.394.39$15,835
Feb 2010053573.585.44$2,912
Jan 2010083674.365.96$4,986
Dec 2009061971.445.48$3,394
Nov 20090074.593.75$0
Oct 200919139872.544.11$15,491
Sep 2009010365.543.06$316
Aug 2009031367.423.22$1,007
Jul 2009021461.133.46$741
Jun 2009041266.163.90$1,605
May 2009045754.743.93$1,794
Apr 20091921,22146.773.59$13,360
Mar 200901,25242.144.06$5,082
Feb 200918892332.814.63$10,445
Jan 200901,02035.865.37$5,478
Dec 2008050737.105.98$3,030
Nov 200819128755.496.86$12,568
Oct 2008028275.246.92$1,952
Sep 20080269101.767.88$2,119
Aug 200819084114.228.48$22,414
Jul 20080277131.0811.39$3,155
Jun 20080119131.3313.03$1,551
May 2008184114123.1711.57$23,983
Apr 20080184110.3110.45$1,924
Mar 2008096101.909.66$928
Feb 20081921,51992.538.77$31,088
Jan 2008010790.388.21$878
Dec 200708388.337.30$606
Nov 200720220391.677.29$19,998
Oct 200701,77182.856.92$12,259
Sep 2007024575.846.24$1,530
Aug 200701,28969.066.39$8,234
Jul 200718918370.906.39$14,569
Jun 200701,27762.007.55$9,639
May 200701,54458.747.85$12,115
Apr 200738769659.617.81$28,501
Mar 200701,37556.927.30$10,040
Feb 200701,15455.108.22$9,481
Jan 200701,48550.306.73$9,989
Dec 20061971,39956.656.92$20,839
Nov 200601,37254.207.62$10,451
Oct 200601,64354.906.01$9,881
Sep 20061941,56960.085.04$19,559
Aug 200601,44968.717.34$10,636
Jul 200601,71269.376.34$10,859
Jun 20061921,81766.286.38$24,325
May 200601,68866.016.42$10,845
Apr 200601,31764.397.36$9,694
Mar 20061971,58156.707.08$22,368
Feb 200601,37157.597.75$10,627
Jan 200601,49960.598.93$13,391
Dec 200501,72154.9413.42$23,088
Nov 20051971,84554.6910.59$30,310
Oct 200502,09358.3413.80$28,875
Sep 200518164961.4512.08$18,962
Aug 200501,63361.519.80$15,998
Jul 20051902,15855.697.84$27,508
Jun 200501,73852.337.38$12,828
May 200501,86845.226.65$12,424
Apr 20051851,87449.207.36$22,896
Mar 200501,41150.377.15$10,096
Feb 20051881,66445.226.31$19,004
Jan 200501,68843.166.32$10,672
Dec 20041892,11239.866.75$21,792
Nov 2004024645.286.33$1,557
Oct 2004033149.706.52$2,157
Sep 200419237043.245.28$10,257
Aug 200418934942.375.55$9,945
Jul 2004030038.286.08$1,825
Jun 2004032236.106.43$2,071
May 200418740537.486.49$9,639
Apr 2004036634.475.86$2,144
Mar 200419039234.365.53$8,696
Feb 2004039632.455.51$2,182
Jan 200417823732.036.30$7,194
Dec 2003034230.266.30$2,155
Nov 2003043328.804.60$1,990
Oct 2003044028.174.76$2,094
Sep 200318345626.314.75$6,980
Aug 2003072929.765.13$3,740
Jul 2003055429.415.17$2,865
Jun 200317952428.565.98$8,247
May 200319269726.595.97$9,268
Apr 2003046026.675.41$2,487
Mar 2003042231.146.10$2,573
Feb 200317554233.487.93$10,155
Jan 2003030930.315.58$1,725
Dec 200206426.914.85$311
Nov 2002027924.664.14$1,154
Oct 20020026.464.23$0
Sep 20021948527.443.64$5,632
Aug 2002035225.963.16$1,114
Jul 2002047624.583.06$1,457
Jun 2002058923.733.34$1,966
May 20021852,68724.663.58$14,192
Apr 20020823.653.51$28
Mar 20022012,05322.003.10$10,792
Feb 200202,28018.222.38$5,417
Jan 200202,28417.172.38$5,426
Dec 200101,57716.932.36$3,729
Nov 20011851,46018.072.41$6,855
Oct 2001033619.782.53$850
Sep 2001012124.262.25$272
Aug 2001074124.873.05$2,262
Jul 2001037023.933.20$1,183
Jun 20011951,88724.563.82$12,005
May 200102,37525.524.31$10,230
Apr 200101,66924.685.34$8,905
Mar 20013702,14424.545.38$20,607
Feb 20011952,19327.755.77$18,058
Jan 200102,12927.478.40$17,881
Dec 200001,82426.889.12$16,639
Nov 200002,12832.215.66$12,040
Oct 20002072,54531.235.15$19,560
Sep 200002,69131.875.19$13,957
Aug 20001892,67829.644.54$17,762
Jul 200002,29728.534.09$9,394
Jun 20001903,05529.304.40$19,001
May 200001,54727.263.68$5,693
Apr 200001,54724.513.12$4,820
Mar 20002021,55228.422.86$10,179
Feb 200001,24427.622.73$3,392
Jan 20001851,21025.272.48$7,676
Dec 199901,43624.282.42$3,480
Nov 19992101,87523.192.43$9,434
Oct 199901,68420.982.80$4,721
Sep 199901,91821.752.62$5,023
Aug 19991911,44119.262.88$7,822
Jul 1999075317.892.37$1,786
Jun 1999073915.942.36$1,746
May 199917057515.792.32$4,019
Apr 19991801,37115.102.21$5,745
Mar 1999065312.471.84$1,200
Feb 19991791,5519.981.82$4,606
Jan 199901,55110.381.90$2,947
Dec 199801,4269.201.77$2,529
Nov 199801,38110.892.19$3,018
Oct 19981841,32512.421.97$4,894
Sep 1998095612.592.08$1,991
Aug 19981761,28511.301.91$4,440
Jul 199801,41011.742.24$3,155
Jun 19982042,27011.242.24$7,372
May 19983911,95112.622.21$9,239
Apr 199802,03413.042.51$5,096
Mar 199801,36112.802.31$3,143
Feb 1998091413.952.30$2,101
Jan 199819582914.702.15$4,653
Dec 1997054416.322.41$1,312
Nov 1997050818.193.09$1,569
Oct 19973777219.253.15$7,484
Sep 19971727917.742.95$3,285
Aug 19971973317.862.55$3,603
Jul 19971351,91417.582.25$6,674
Jun 19971882,31617.242.26$8,469
May 199701,33318.972.31$3,077
Apr 1997757517.882.08$1,497
Mar 19971962118.951.94$3,755
Feb 199720017320.492.21$4,480
Jan 1997015623.483.54$552
Dec 19961724,70023.32$4,011
Nov 19961821,58521.97$3,999
Oct 199626518023.31$6,177
Sep 19962031,04822.22$4,511
Aug 199602,25120.26$0
Jul 199603,02719.55$0
Jun 19961815,98418.73$3,390
May 19961821,94919.43$3,536
Apr 199601,03821.51$0
Mar 199601,80619.38$0
Feb 199646822716.98$7,947
Jan 1996074817.07$0
Dec 1995036217.19$0
Nov 1995081416.00$0
Oct 199502,26515.43$0
Sep 19952522,37316.18$4,077
Aug 199502,74815.92$0
Jul 19952582,92815.24$3,932
Jun 199503,90916.41$0
May 19952553,36017.56$4,478
Apr 199503,61017.73$0
Mar 19952562,28416.44$4,209
Feb 19952561,88516.58$4,244
Jan 199502,19215.92$0
Dec 19942613,08315.03$3,923
Nov 199403,28215.90$0
Oct 19942551,94415.58$3,973
Sep 1994256015.29$3,914
Aug 199426410016.13$4,258
Jul 1994027317.56$0
Jun 199426068617.09$4,443
May 199426232415.88$4,161
Apr 199426189814.14$3,691
Mar 19942601,19612.46$3,240
Feb 199425877812.50$3,225
Jan 199450894712.66$6,431
Dec 199316397712.33$2,010
Nov 1993087014.49$0
Oct 199326675715.85$4,216
Sep 1993097115.03$0
Aug 199326682115.66$4,166
Jul 199326479915.46$4,081
Jun 199325677816.79$4,298
May 1993080117.68$0
Apr 199326178918.05$4,711
Mar 199326082218.14$4,716
Feb 199326349717.90$4,708
Jan 1993085616.93$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.

Jul 2014 — as filed, then multipliedworked
Oil                   27 bbl  × $ 96.56 =     $2,607
Casinghead gas         0 Mcf  × $  4.18 =         $0

────────────────────────────────────────────────────
Month total                                   $2,607

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/4462 is the state's own key, not one this site invented.