CAROLYN

Operated by LINN OPERATING, LLC (P-5 501480) in the PANHANDLE MOORE COUNTY FIELD field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 6347District 10Field 68901001NGPA filingOilCasinghead gasSaveExport
Value, all time
$963 k
Jan 1993 – Jul 2017
Value, last 12 filed months
$0
at the published price for each month
Months reported
295
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 334 leases and 1,458 wells, and the rule below applies to all of them.

Discovered
1926-12-31
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: SEPTEMBER, AND OCTOBER.

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
OilDisposition4,623 bbl$140,284
Casinghead gasProduction281,075 Mcf$823,081
Total$963,365

92,289 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 (2)

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 35.9712, -101.8360. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

35.97125, -101.83603 · 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%
2 of 2 wells
With a plug date
100.0%
2 of 2 wells
Median depth
3,548 ft
2 wells filed one
Completion to plug
27.4 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
2100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
2100.0%
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 3,535 and 3,560 ft, median 3,548 ft, over the 2 wells that filed a depth.

Completions filed
May 1987 – Sep 1987
2 of 2 wells
Plug dates filed
Dec 2014
2 of 2 wells

Last completion to plug: a median of 27.4 years across the 2 wells that filed both dates, with the middle half between 27.3 years and 27.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-3413200823,535 ftSep 1987Dec 2014Yes
42-3413191013,560 ftMay 1987Dec 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 (295)

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

295 months

Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
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 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 201159095.723.31$5,647
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 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 2009049074.593.75$1,838
Oct 2009041472.544.11$1,702
Sep 200917060065.543.06$12,981
Aug 2009075067.423.22$2,414
Jul 2009094461.133.46$3,270
Jun 2009091466.163.90$3,560
May 200901,66054.743.93$6,517
Apr 200902,57446.773.59$9,234
Mar 2009097342.144.06$3,949
Feb 2009054832.814.63$2,539
Jan 2009054835.865.37$2,943
Dec 2008070537.105.98$4,214
Nov 2008076155.496.86$5,221
Oct 2008099775.246.92$6,901
Sep 20080972101.767.88$7,657
Aug 20080972114.228.48$8,246
Jul 20080777131.0811.39$8,850
Jun 2008017131.3313.03$222
May 20080157123.1711.57$1,817
Apr 20081671,215110.3110.45$31,124
Mar 200801,099101.909.66$10,621
Feb 2008078492.538.77$6,876
Jan 2008076990.388.21$6,310
Dec 2007035388.337.30$2,578
Nov 2007030691.677.29$2,231
Oct 2007066482.856.92$4,596
Sep 2007047975.846.24$2,991
Aug 2007012569.066.39$798
Jul 20073162070.906.39$6,158
Jun 2007049062.007.55$3,699
May 2007044258.747.85$3,468
Apr 2007020459.617.81$1,592
Mar 2007051156.927.30$3,731
Feb 2007035155.108.22$2,884
Jan 2007037950.306.73$2,549
Dec 2006052456.656.92$3,625
Nov 200615450654.207.62$12,201
Oct 2006054754.906.01$3,290
Sep 2006048360.085.04$2,433
Aug 2006055568.717.34$4,074
Jul 2006054169.376.34$3,431
Jun 2006051866.286.38$3,307
May 2006056466.016.42$3,624
Apr 2006049064.397.36$3,607
Mar 2006056356.707.08$3,988
Feb 2006050857.597.75$3,938
Jan 200615954360.598.93$14,485
Dec 2005044354.9413.42$5,943
Nov 2005094054.6910.59$9,953
Oct 2005082158.3413.80$11,326
Sep 2005033161.4512.08$3,998
Aug 200501,13961.519.80$11,159
Jul 200501,14355.697.84$8,965
Jun 20050052.337.38$0
May 200501,16345.226.65$7,735
Apr 2005061549.207.36$4,527
Mar 200516061550.377.15$12,459
Feb 2005062445.226.31$3,939
Jan 200501,02343.166.32$6,468
Dec 200402,34739.866.75$15,845
Nov 2004095945.286.33$6,071
Oct 200401,28349.706.52$8,359
Sep 200401,18843.245.28$6,277
Aug 200401,31342.375.55$7,288
Jul 200401,15138.286.08$7,003
Jun 20041741,27736.106.43$14,496
May 200401,49637.486.49$9,716
Apr 2004080234.475.86$4,698
Mar 2004082234.365.53$4,546
Feb 200401,07132.455.51$5,901
Jan 2004072532.036.30$4,567
Dec 2003075930.266.30$4,783
Nov 20031731,00028.804.60$9,578
Oct 200301,09728.174.76$5,221
Sep 200301,10526.314.75$5,248
Aug 2003086029.765.13$4,412
Jul 2003098129.415.17$5,073
Jun 2003094228.565.98$5,636
May 200301,23126.595.97$7,352
Apr 200317699926.675.41$10,096
Mar 200301,36231.146.10$8,303
Feb 2003079333.487.93$6,285
Jan 20031701,31230.315.58$12,476
Dec 200201,48526.914.85$7,208
Nov 200202,28524.664.14$9,453
Oct 200202,54926.464.23$10,780
Sep 200202,12627.443.64$7,728
Aug 200202,37525.963.16$7,515
Jul 200201,50724.583.06$4,614
Jun 2002095423.733.34$3,185
May 2002080024.663.58$2,867
Apr 200201023.653.51$35
Mar 2002085122.003.10$2,640
Feb 200202,14918.222.38$5,105
Jan 2002060117.172.38$1,428
Dec 2001086016.932.36$2,033
Nov 2001082118.072.41$1,975
Oct 200111581119.782.53$4,326
Sep 200101,06824.262.25$2,404
Aug 200101,00824.873.05$3,078
Jul 200101,26023.933.20$4,028
Jun 200101,29124.563.82$4,937
May 200101,17525.524.31$5,061
Apr 20011131,94524.685.34$13,166
Mar 200102,88024.545.38$15,484
Feb 200102,08227.755.77$12,007
Jan 200101,13027.478.40$9,491
Dec 200002,50826.889.12$22,879
Nov 200001,20132.215.66$6,795
Oct 200001,40431.235.15$7,224
Sep 2000781,93031.875.19$12,496
Aug 200001,74329.644.54$7,915
Jul 200001,60928.534.09$6,580
Jun 2000831,44529.304.40$8,786
May 200001,05927.263.68$3,897
Apr 200003,08924.513.12$9,625
Mar 200002,98428.422.86$8,533
Feb 20001412,77127.622.73$11,450
Jan 200002,77725.272.48$6,888
Dec 199902,15824.282.42$5,230
Nov 199901,61923.192.43$3,941
Oct 199901,75420.982.80$4,918
Sep 1999821,80821.752.62$6,518
Aug 199901,56319.262.88$4,495
Jul 19991561,44817.892.37$6,226
Jun 199901,16415.942.36$2,749
May 199901,70015.792.32$3,946
Apr 19991612,14315.102.21$7,163
Mar 199901,92112.471.84$3,531
Feb 199901,4149.981.82$2,570
Jan 199901,94310.381.90$3,692
Dec 199802,4699.201.77$4,378
Nov 199801,43310.892.19$3,132
Oct 199801,94612.421.97$3,832
Sep 199801,66612.592.08$3,470
Aug 199801,64711.301.91$3,141
Jul 199801,60911.742.24$3,600
Jun 199801,32311.242.24$2,960
May 19981722,25012.622.21$7,135
Apr 199802,33313.042.51$5,845
Mar 199801,96212.802.31$4,531
Feb 199801,83713.952.30$4,224
Jan 199801,38714.702.15$2,989
Dec 1997084716.322.41$2,042
Nov 1997087518.193.09$2,702
Oct 19971321,53919.253.15$7,389
Sep 199701,91417.742.95$5,656
Aug 199701,95717.862.55$5,000
Jul 199701,86917.582.25$4,200
Jun 199703,13417.242.26$7,074
May 199701,52418.972.31$3,518
Apr 19971292,44817.882.08$7,405
Mar 199701,73518.951.94$3,364
Feb 199701,37720.492.21$3,038
Jan 199701,88923.483.54$6,686
Dec 199601,45723.32$0
Nov 199601,48521.97$0
Oct 19961251,68123.31$2,914
Sep 199601,58922.22$0
Aug 199601,76820.26$0
Jul 199601,69719.55$0
Jun 199601,53618.73$0
May 199601,79019.43$0
Apr 19961211,71321.51$2,603
Mar 199601,81619.38$0
Feb 199601,82816.98$0
Jan 199601,27717.07$0
Dec 19951291,00617.19$2,218
Nov 199501,32516.00$0
Oct 199501,25715.43$0
Sep 199501,66216.18$0
Aug 199501,68615.92$0
Jul 19951271,56615.24$1,935
Jun 199501,65216.41$0
May 199501,75717.56$0
Apr 199501,89617.73$0
Mar 19951531,61716.44$2,515
Feb 199501,43916.58$0
Jan 199501,79615.92$0
Dec 199401,76215.03$0
Nov 199401,64015.90$0
Oct 1994941,92915.58$1,465
Sep 199402,26815.29$0
Aug 19941282,36416.13$2,065
Jul 199402,22517.56$0
Jun 199402,10917.09$0
May 19941331,80615.88$2,112
Apr 199402,22014.14$0
Mar 199402,35412.46$0
Feb 19941591,99612.50$1,988
Jan 199402,39012.66$0
Dec 199302,31712.33$0
Nov 19931552,37514.49$2,246
Oct 199302,57015.85$0
Sep 199302,06115.03$0
Aug 199302,47015.66$0
Jul 19931772,62915.46$2,736
Jun 199302,35816.79$0
May 199302,27517.68$0
Apr 199302,44018.05$0
Mar 19931672,61518.14$3,029
Feb 199302,30717.90$0
Jan 199302,51316.93$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.

Nov 2011 — as filed, then multipliedworked
Oil                   59 bbl  × $ 95.72 =     $5,647
Casinghead gas         0 Mcf  × $  3.31 =         $0

────────────────────────────────────────────────────
Month total                                   $5,647

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/6347 is the state's own key, not one this site invented.