YAKE "D"

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 4482District 10Field 68887001NGPA filingOilCasinghead gasSaveExport
Value, all time
$488 k
Jan 1993 – Jan 2015
Value, last 12 filed months
$0
at the published price for each month
Months reported
265
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
NGPA3none

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
OilDisposition9,281 bbl$272,141
Casinghead gasProduction105,320 Mcf$216,061
Total$488,202

48,927 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 (4)

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 35.7523, -101.5417. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.7 miles.

35.75136, -101.54188 · 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%
4 of 4 wells
With a plug date
100.0%
4 of 4 wells
Median depth
3,214 ft
4 wells filed one
Completion to plug
30.3 years
median over 3 wells

What the state filed about each well

On the RRC proration schedule
4100.0%
A plug date is filed
4100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
4100.0%
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 3,170 and 3,861 ft, median 3,214 ft, over the 4 wells that filed a depth.

Completions filed
Aug 1979 – Feb 1984
3 of 4 wells; 1 filed none
Plug dates filed
May 1997 – Jun 2014
4 of 4 wells

Last completion to plug: a median of 30.3 years across the 3 wells that filed both dates, with the middle half between 24.1 years and 31.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

4 wells

42-2333118753,861 ftMay 2014Yes
42-2333096733,205 ftFeb 1984Jun 2014Yes
42-2333101443,222 ftSep 1982May 2014Yes
42-2333071523,170 ftAug 1979May 1997Yes

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 (265)

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

265 months

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 20140096.564.18$0
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 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 201001172.633.98$44
Aug 201004873.684.42$212
Jul 201002372.554.74$109
Jun 201003570.364.91$172
May 20101863671.124.24$13,381
Apr 201003681.694.12$148
Mar 201004178.394.39$180
Feb 201006573.585.44$354
Jan 201009674.365.96$573
Dec 2009011771.445.48$642
Nov 200919013474.593.75$14,675
Oct 2009019772.544.11$810
Sep 200903365.543.06$101
Aug 2009014867.423.22$476
Jul 2009012761.133.46$440
Jun 2009017066.163.90$662
May 20092057254.743.93$11,504
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 200801537.105.98$90
Nov 2008013155.496.86$899
Oct 2008018175.246.92$1,253
Sep 20080195101.767.88$1,536
Aug 2008087114.228.48$738
Jul 20080184131.0811.39$2,096
Jun 20080181131.3313.03$2,359
May 20080278123.1711.57$3,218
Apr 20080243110.3110.45$2,541
Mar 20080261101.909.66$2,522
Feb 200819222192.538.77$19,704
Jan 2008030590.388.21$2,503
Dec 2007033188.337.30$2,417
Nov 2007027691.677.29$2,013
Oct 200718924682.856.92$17,361
Sep 2007027975.846.24$1,742
Aug 2007023369.066.39$1,488
Jul 20073228670.906.39$4,096
Jun 2007022662.007.55$1,706
May 2007024958.747.85$1,954
Apr 2007012559.617.81$976
Mar 200719924656.927.30$13,123
Feb 2007021355.108.22$1,750
Jan 2007019850.306.73$1,332
Dec 2006010356.656.92$713
Nov 2006011854.207.62$899
Oct 200617912854.906.01$10,597
Sep 2006013560.085.04$680
Aug 2006012768.717.34$932
Jul 2006011969.376.34$755
Jun 2006012366.286.38$785
May 2006011066.016.42$707
Apr 20061898964.397.36$12,825
Mar 2006010256.707.08$722
Feb 200609057.597.75$698
Jan 2006010660.598.93$947
Dec 2005012754.9413.42$1,704
Nov 2005013554.6910.59$1,429
Oct 2005017258.3413.80$2,373
Sep 20051785361.4512.08$11,578
Aug 2005011061.519.80$1,078
Jul 2005012655.697.84$988
Jun 200509652.337.38$709
May 2005010945.226.65$725
Apr 200509949.207.36$729
Mar 200519111250.377.15$10,422
Feb 200509445.226.31$593
Jan 200508743.166.32$550
Dec 2004011039.866.75$743
Nov 2004014845.286.33$937
Oct 2004016549.706.52$1,075
Sep 2004016743.245.28$882
Aug 2004016542.375.55$916
Jul 200418714838.286.08$8,059
Jun 200409236.106.43$592
May 2004014037.486.49$909
Apr 2004010934.475.86$639
Mar 200418911634.365.53$7,136
Feb 2004013732.455.51$755
Jan 2004021432.036.30$1,348
Dec 2003012630.266.30$794
Nov 200306028.804.60$276
Oct 2003012528.174.76$595
Sep 2003010326.314.75$489
Aug 2003014229.765.13$728
Jul 200316922429.415.17$6,129
Jun 2003018028.565.98$1,077
May 2003022726.595.97$1,356
Apr 200318520126.675.41$6,021
Mar 2003017531.146.10$1,067
Feb 20030333.487.93$24
Jan 2003011930.315.58$664
Dec 2002052026.914.85$2,524
Nov 2002034424.664.14$1,423
Oct 2002046126.464.23$1,950
Sep 2002057227.443.64$2,079
Aug 200218853125.963.16$6,561
Jul 2002061524.583.06$1,883
Jun 2002066423.733.34$2,217
May 2002046224.663.58$1,656
Apr 20020023.653.51$0
Mar 20020922.003.10$28
Feb 20020018.222.38$0
Jan 2002011517.172.38$273
Dec 20011872716.932.36$3,230
Nov 2001028318.072.41$681
Oct 2001048319.782.53$1,221
Sep 2001053024.262.25$1,193
Aug 200118945024.873.05$6,074
Jul 2001027723.933.20$886
Jun 2001052824.563.82$2,019
May 2001048825.524.31$2,102
Apr 200119437024.685.34$6,762
Mar 2001040524.545.38$2,177
Feb 2001031227.755.77$1,799
Jan 2001042227.478.40$3,544
Dec 2000021326.889.12$1,943
Nov 2000019932.215.66$1,126
Oct 2000050431.235.15$2,593
Sep 2000040931.875.19$2,121
Aug 2000044529.644.54$2,021
Jul 200019242728.534.09$7,224
Jun 2000052729.304.40$2,317
May 2000062927.263.68$2,315
Apr 2000062924.513.12$1,960
Mar 200017663028.422.86$6,804
Feb 2000050527.622.73$1,377
Jan 2000062625.272.48$1,553
Dec 1999058824.282.42$1,425
Nov 199919988023.192.43$6,757
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 1999084919.262.88$2,441
Jul 1999086617.892.37$2,054
Jun 1999085115.942.36$2,010
May 199921059415.792.32$4,695
Apr 1999072815.102.21$1,607
Mar 1999084112.471.84$1,546
Feb 199906059.981.82$1,100
Jan 199919567210.381.90$3,301
Dec 199805179.201.77$917
Nov 1998086110.892.19$1,882
Oct 1998092912.421.97$1,829
Sep 199801,04512.592.08$2,176
Aug 199820086911.301.91$3,917
Jul 1998095611.742.24$2,139
Jun 1998087611.242.24$1,960
May 1998083412.622.21$1,840
Apr 199820785413.042.51$4,839
Mar 1998084212.802.31$1,945
Feb 1998039513.952.30$908
Jan 199818765314.702.15$4,156
Dec 1997082416.322.41$1,987
Nov 199701,06418.193.09$3,286
Oct 1997071019.253.15$2,236
Sep 19971701,23317.742.95$6,659
Aug 199701,31817.862.55$3,367
Jul 1997095017.582.25$2,135
Jun 19971391,03517.242.26$4,733
May 1997089418.972.31$2,064
Apr 199701,03717.882.08$2,160
Mar 19971611,00818.951.94$5,006
Feb 1997070020.492.21$1,544
Jan 19972061,25923.483.54$9,293
Dec 1996077923.32$0
Nov 199602,11421.97$0
Oct 19962051,03223.31$4,779
Sep 1996028322.22$0
Aug 199601,16920.26$0
Jul 199601,40019.55$0
Jun 199618492718.73$3,446
May 199610593319.43$2,040
Apr 199601,12321.51$0
Mar 199631664019.38$6,124
Feb 1996085116.98$0
Jan 199601,15617.07$0
Dec 1995211,21717.19$361
Nov 1995066216.00$0
Oct 1995097115.43$0
Sep 19951791,64116.18$2,896
Aug 1995084415.92$0
Jul 1995082515.24$0
Jun 19951731,06116.41$2,839
May 1995089917.56$0
Apr 19953481,07317.73$6,170
Mar 1995049016.44$0
Feb 199501,40116.58$0
Jan 199517380315.92$2,754
Dec 199401,32715.03$0
Nov 199401,53515.90$0
Oct 19941731,39215.58$2,695
Sep 1994018215.29$0
Aug 19941751,08316.13$2,823
Jul 199401,08017.56$0
Jun 199401,24017.09$0
May 199417091715.88$2,700
Apr 199401,06514.14$0
Mar 19941771,06512.46$2,205
Feb 199418741612.50$2,338
Jan 1994042412.66$0
Dec 199316291912.33$1,997
Nov 199301,25014.49$0
Oct 199301,43815.85$0
Sep 199301,21915.03$0
Aug 199301,46815.66$0
Jul 19931721,42515.46$2,659
Jun 199301,07116.79$0
May 199316272817.68$2,864
Apr 199318472118.05$3,321
Mar 199317791618.14$3,211
Feb 199317890317.90$3,186
Jan 1993084916.93$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.

Sep 2010 — as filed, then multipliedworked
Oil                    0 bbl  × $ 72.63 =         $0
Casinghead gas        11 Mcf  × $  3.98 =        $44

────────────────────────────────────────────────────
Month total                                      $44

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/4482 is the state's own key, not one this site invented.