LONNIE B

Operated by POLARIS OPERATING, LLC (P-5 668978) in the LARD RANCH (GRANITE WASH) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 7632District 10Field 52019500OilCasinghead gasSaveExport
Value, all time
$2.3 M
Feb 2006 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
244
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 14 leases and 14 wells, and the rule below applies to all of them.

Discovered
1956-12-06
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2012-12-01.

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
OilDisposition17,996 bbl$1,351,764
Casinghead gasProduction155,273 Mcf$970,900
Total$2,322,665

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 35.9418, -100.8295. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.94181, -100.82946 · 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%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
8,750 ft
1 wells filed one
Completion to plug
15.2 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 8,750 ft.

Completions filed
Mar 2006
1 of 1 wells
Plug dates filed
May 2021
1 of 1 wells

Last completion to plug: a median of 15.2 years across the 1 well that filed both dates, with the middle half between 15.2 years and 15.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3933176238,750 ftMar 2006May 2021Yes

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 (244)

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

244 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
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 201401,39195.895.06$7,034
Feb 201420174697.406.19$24,197
Jan 2014030490.404.86$1,478
Dec 20130291.824.35$9
Nov 201318449288.853.74$18,188
Oct 20131561,69697.423.78$21,607
Sep 20133611,093104.113.72$41,647
Aug 201301,027104.253.52$3,618
Jul 20131531,560102.523.72$21,485
Jun 20131781,31394.403.93$21,968
May 2013045294.834.15$1,875
Apr 201301,51193.964.28$6,471
Mar 2013169093.623.91$15,822
Feb 2013943191.233.42$2,295
Jan 201318182191.603.42$19,387
Dec 201217690486.773.42$18,363
Nov 20121661,40686.953.62$19,530
Oct 2012044789.383.40$1,520
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 201249079.822.52$3,911
May 201218091.612.49$1,649
Apr 201200101.652.00$0
Mar 201205105.052.22$11
Feb 2012176440101.102.57$18,925
Jan 2012084298.092.73$2,302
Dec 201133785196.873.24$35,402
Nov 2011083095.723.31$2,748
Oct 2011079984.983.65$2,915
Sep 201135182483.623.99$32,635
Aug 201118096083.404.15$18,995
Jul 201117585294.144.52$20,323
Jun 201117877292.904.64$20,118
May 201135780398.134.40$38,569
Apr 20110609105.964.33$2,639
Mar 2011066496.364.06$2,694
Feb 201118278685.644.18$18,872
Jan 2011085886.504.59$3,937
Dec 201017592485.734.35$19,020
Nov 201017793080.843.80$17,838
Oct 201017994378.103.51$17,289
Sep 2010091872.633.98$3,653
Aug 20101691,11973.684.42$17,397
Jul 20103321,11972.554.74$29,387
Jun 20101761,20370.364.91$18,291
May 20102711,21771.124.24$24,428
Apr 2010082081.694.12$3,381
Mar 201016794678.394.39$17,243
Feb 2010087573.585.44$4,762
Jan 20103191,23274.365.96$31,069
Dec 2009084871.445.48$4,650
Nov 20091811,06274.593.75$17,485
Oct 2009094472.544.11$3,880
Sep 20091671,02965.543.06$14,099
Aug 2009070367.423.22$2,263
Jul 20091611,07161.133.46$13,552
Jun 20091721,23266.163.90$16,178
May 20093471,60454.743.93$25,292
Apr 2009025046.773.59$897
Mar 200901,01242.144.06$4,108
Feb 200917096132.814.63$10,030
Jan 20091641,15435.865.37$12,079
Dec 200816589837.105.98$11,489
Nov 200801,25755.496.86$8,623
Oct 20081741,56375.246.92$23,911
Sep 20081721,424101.767.88$28,720
Aug 20081681,470114.228.48$31,659
Jul 20081811,463131.0811.39$40,388
Jun 20081711,704131.3313.03$44,665
May 20083461,825123.1711.57$63,740
Apr 20081721,824110.3110.45$38,043
Mar 20083441,568101.909.66$50,207
Feb 200801,55892.538.77$13,665
Jan 20081661,44690.388.21$26,869
Dec 2007052888.337.30$3,855
Nov 200716761991.677.29$19,822
Oct 20071701,14182.856.92$21,982
Sep 20071701,36975.846.24$21,441
Aug 20073361,86169.066.39$35,092
Jul 20071671,65670.906.39$22,419
Jun 20073491,85862.007.55$35,663
May 20073552,02158.747.85$36,710
Apr 20071731,46059.617.81$21,708
Mar 20073253,01656.927.30$40,522
Feb 200702,31955.108.22$19,053
Jan 20073382,90550.306.73$36,543
Dec 20061623,89556.656.92$36,125
Nov 20061683,52754.207.62$35,972
Oct 20063324,12054.906.01$43,004
Sep 20063353,90060.085.04$39,772
Aug 20065044,12068.717.34$64,870
Jul 20063236,15069.376.34$61,414
Jun 20064837,56066.286.38$80,275
May 20068019,05466.016.42$111,046
Apr 20061,32413,04564.397.36$181,270
Mar 20061,50110,54256.707.08$159,775
Feb 2006190057.597.75$10,942

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.

Mar 2014 — as filed, then multipliedworked
Oil                    0 bbl  × $ 95.89 =         $0
Casinghead gas     1,391 Mcf  × $  5.06 =     $7,034

────────────────────────────────────────────────────
Month total                                   $7,034

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/7632 is the state's own key, not one this site invented.