LANCE #3

Name: LANCE #3 lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by ROBIN OF PERRYTON CORPORATION (P-5 719744) in the FARNSWORTH (CLEVELAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 6783District 10Field 30273071OilCasinghead gasSave Export

Value, all time

$290 k

Jan 1993 – Jan 2006

Value, last 12 filed months

$16 k

at the published price for each month

Months reported

157

no gaps in the span

Streams

oil, casinghead gas

The FARNSWORTH (CLEVELAND) 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 9 leases and 9 wells, and the rule below applies to all of them.

Discovered

1961-06-01

as the register files it

Field class

Oil and gas

the register's own label

Between wells

1,320 ft

minimum

From a lease line

660 ft

minimum

A drilling unit in this field needs at least 320 acres.

The Commission's schedule remark for this field reads: “SURVEY”

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	9,429 bbl	$212,478
Casinghead gas	Production	33,436 Mcf	$77,027
Total			$289,504

14,056 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 36.3280, -100.9082. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.32798, -100.90816 · 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

7,116 ft

1 wells filed one

Completion to plug

14.3 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 7,116 ft.

Completions filed

Feb 1991

1 of 1 wells

Plug dates filed

May 2005

1 of 1 wells

Last completion to plug: a median of 14.3 years across the 1 well that filed both dates, with the middle half between 14.3 years and 14.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-35702093	3	7,116 ft	Feb 1991	May 2005	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 (157)

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

157 months


Jan 2006	0	0	60.59	8.93	$0
Dec 2005	0	0	54.94	13.42	$0
Nov 2005	0	0	54.69	10.59	$0
Oct 2005	0	0	58.34	13.80	$0
Sep 2005	0	0	61.45	12.08	$0
Aug 2005	93	0	61.51	9.80	$5,720
Jul 2005	0	0	55.69	7.84	$0
Jun 2005	0	0	52.33	7.38	$0
May 2005	0	0	45.22	6.65	$0
Apr 2005	0	0	49.20	7.36	$0
Mar 2005	194	0	50.37	7.15	$9,772
Feb 2005	0	100	45.22	6.31	$631
Jan 2005	0	90	43.16	6.32	$569
Dec 2004	0	100	39.86	6.75	$675
Nov 2004	0	172	45.28	6.33	$1,089
Oct 2004	101	194	49.70	6.52	$6,284
Sep 2004	0	188	43.24	5.28	$993
Aug 2004	100	106	42.37	5.55	$4,825
Jul 2004	95	96	38.28	6.08	$4,221
Jun 2004	0	192	36.10	6.43	$1,235
May 2004	102	202	37.48	6.49	$5,135
Apr 2004	0	186	34.47	5.86	$1,090
Mar 2004	97	188	34.36	5.53	$4,373
Feb 2004	100	147	32.45	5.51	$4,055
Jan 2004	0	161	32.03	6.30	$1,014
Dec 2003	101	140	30.26	6.30	$3,938
Nov 2003	0	169	28.80	4.60	$777
Oct 2003	100	188	28.17	4.76	$3,712
Sep 2003	100	160	26.31	4.75	$3,391
Aug 2003	96	188	29.76	5.13	$3,821
Jul 2003	99	239	29.41	5.17	$4,147
Jun 2003	0	191	28.56	5.98	$1,143
May 2003	100	206	26.59	5.97	$3,889
Apr 2003	0	200	26.67	5.41	$1,081
Mar 2003	98	218	31.14	6.10	$4,381
Feb 2003	0	156	33.48	7.93	$1,236
Jan 2003	209	180	30.31	5.58	$7,340
Dec 2002	0	141	26.91	4.85	$684
Nov 2002	0	166	24.66	4.14	$687
Oct 2002	0	175	26.46	4.23	$740
Sep 2002	0	183	27.44	3.64	$665
Aug 2002	61	136	25.96	3.16	$2,014
Jul 2002	206	149	24.58	3.06	$5,520
Jun 2002	93	179	23.73	3.34	$2,804
May 2002	0	147	24.66	3.58	$527
Apr 2002	126	137	23.65	3.51	$3,461
Mar 2002	0	213	22.00	3.10	$661
Feb 2002	47	5	18.22	2.38	$868
Jan 2002	0	200	17.17	2.38	$475
Dec 2001	100	200	16.93	2.36	$2,166
Nov 2001	0	200	18.07	2.41	$481
Oct 2001	100	29	19.78	2.53	$2,051
Sep 2001	0	200	24.26	2.25	$450
Aug 2001	0	300	24.87	3.05	$916
Jul 2001	0	300	23.93	3.20	$959
Jun 2001	105	300	24.56	3.82	$3,726
May 2001	105	300	25.52	4.31	$3,972
Apr 2001	100	300	24.68	5.34	$4,069
Mar 2001	27	300	24.54	5.38	$2,276
Feb 2001	0	300	27.75	5.77	$1,730
Jan 2001	156	300	27.47	8.40	$6,805
Dec 2000	0	300	26.88	9.12	$2,737
Nov 2000	0	300	32.21	5.66	$1,697
Oct 2000	0	300	31.23	5.15	$1,544
Sep 2000	160	300	31.87	5.19	$6,655
Aug 2000	0	300	29.64	4.54	$1,362
Jul 2000	159	300	28.53	4.09	$5,763
Jun 2000	0	200	29.30	4.40	$879
May 2000	0	300	27.26	3.68	$1,104
Apr 2000	0	300	24.51	3.12	$935
Mar 2000	300	300	28.42	2.86	$9,384
Feb 2000	0	300	27.62	2.73	$818
Jan 2000	0	200	25.27	2.48	$496
Dec 1999	0	200	24.28	2.42	$485
Nov 1999	257	200	23.19	2.43	$6,447
Oct 1999	0	209	20.98	2.80	$586
Sep 1999	0	200	21.75	2.62	$524
Aug 1999	160	200	19.26	2.88	$3,657
Jul 1999	0	200	17.89	2.37	$474
Jun 1999	0	200	15.94	2.36	$472
May 1999	0	80	15.79	2.32	$186
Apr 1999	250	1	15.10	2.21	$3,777
Mar 1999	0	4	12.47	1.84	$7
Feb 1999	0	101	9.98	1.82	$184
Jan 1999	0	158	10.38	1.90	$300
Dec 1998	0	180	9.20	1.77	$319
Nov 1998	100	16	10.89	2.19	$1,124
Oct 1998	100	100	12.42	1.97	$1,439
Sep 1998	0	0	12.59	2.08	$0
Aug 1998	0	103	11.30	1.91	$196
Jul 1998	0	25	11.74	2.24	$56
Jun 1998	0	0	11.24	2.24	$0
May 1998	0	300	12.62	2.21	$662
Apr 1998	0	300	13.04	2.51	$752
Mar 1998	0	136	12.80	2.31	$314
Feb 1998	425	200	13.95	2.30	$6,389
Jan 1998	0	100	14.70	2.15	$215
Dec 1997	0	300	16.32	2.41	$723
Nov 1997	200	300	18.19	3.09	$4,564
Oct 1997	0	300	19.25	3.15	$945
Sep 1997	0	200	17.74	2.95	$591
Aug 1997	100	300	17.86	2.55	$2,552
Jul 1997	0	300	17.58	2.25	$674
Jun 1997	0	300	17.24	2.26	$677
May 1997	200	400	18.97	2.31	$4,717
Apr 1997	257	300	17.88	2.08	$5,220
Mar 1997	0	150	18.95	1.94	$291
Feb 1997	0	300	20.49	2.21	$662
Jan 1997	0	400	23.48	3.54	$1,416
Dec 1996	107	400	23.32	—	$2,495
Nov 1996	0	400	21.97	—	$0
Oct 1996	0	400	23.31	—	$0
Sep 1996	200	300	22.22	—	$4,444
Aug 1996	0	300	20.26	—	$0
Jul 1996	160	300	19.55	—	$3,128
Jun 1996	159	300	18.73	—	$2,978
May 1996	134	300	19.43	—	$2,604
Apr 1996	0	300	21.51	—	$0
Mar 1996	100	300	19.38	—	$1,938
Feb 1996	200	200	16.98	—	$3,396
Jan 1996	0	200	17.07	—	$0
Dec 1995	0	278	17.19	—	$0
Nov 1995	0	300	16.00	—	$0
Oct 1995	20	300	15.43	—	$309
Sep 1995	0	300	16.18	—	$0
Aug 1995	380	400	15.92	—	$6,050
Jul 1995	0	100	15.24	—	$0
Jun 1995	336	134	16.41	—	$5,514
May 1995	0	300	17.56	—	$0
Apr 1995	0	300	17.73	—	$0
Mar 1995	318	300	16.44	—	$5,228
Feb 1995	0	300	16.58	—	$0
Jan 1995	0	300	15.92	—	$0
Dec 1994	110	300	15.03	—	$1,653
Nov 1994	0	300	15.90	—	$0
Oct 1994	0	400	15.58	—	$0
Sep 1994	146	300	15.29	—	$2,232
Aug 1994	100	300	16.13	—	$1,613
Jul 1994	0	268	17.56	—	$0
Jun 1994	568	180	17.09	—	$9,707
May 1994	0	120	15.88	—	$0
Apr 1994	0	180	14.14	—	$0
Mar 1994	0	10	12.46	—	$0
Feb 1994	0	300	12.50	—	$0
Jan 1994	0	350	12.66	—	$0
Dec 1993	0	400	12.33	—	$0
Nov 1993	0	400	14.49	—	$0
Oct 1993	154	400	15.85	—	$2,441
Sep 1993	100	400	15.03	—	$1,503
Aug 1993	0	400	15.66	—	$0
Jul 1993	0	321	15.46	—	$0
Jun 1993	142	307	16.79	—	$2,384
May 1993	101	386	17.68	—	$1,786
Apr 1993	0	337	18.05	—	$0
Mar 1993	150	200	18.14	—	$2,721
Feb 1993	65	200	17.90	—	$1,164
Jan 1993	0	285	16.93	—	$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.

Aug 2005 — as filed, then multipliedworked

Oil                   93 bbl  × $ 61.51 =     $5,720
Casinghead gas         0 Mcf  × $  9.80 =         $0

────────────────────────────────────────────────────
Month total                                   $5,720

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/6783 is the state's own key, not one this site invented.