LEE, E.B. "612"

Operated by STOVALL OPERATING CO. (P-5 824339) in the THROCKMORTON COUNTY REGULAR(GAS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 122039District 7BField 89812025GasSaveExport
Value, all time
$4 k
Jan 1993 – Sep 1998
Value, last 12 filed months
$2 k
at the published price for each month
Months reported
69
no gaps in the span
Streams
1
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 214 leases and 214 wells, and the rule below applies to all of them.

Discovered
1958-01-15
as the register files it
Field class
Gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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
GasProduction18,810 Mcf$3,906
Total$3,906

17,514 Mcf of this lease's gas, across 44 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 33.0667, -99.0136. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.06666, -99.01365 · 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
4,747 ft
1 wells filed one
Completion to plug
12.1 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 4,747 ft.

Completions filed
Aug 1986
1 of 1 wells
Plug dates filed
Sep 1998
1 of 1 wells

Last completion to plug: a median of 12.1 years across the 1 well that filed both dates, with the middle half between 12.1 years and 12.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4473413314,747 ftAug 1986Sep 1998Yes

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 (69)

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

69 months

Sep 1998012.592.08$0
Aug 1998011.301.91$0
Jul 1998011.742.24$0
Jun 1998011.242.24$0
May 1998012.622.21$0
Apr 1998013.042.51$0
Mar 1998012.802.31$0
Feb 1998013.952.30$0
Jan 19981514.702.15$32
Dec 199726116.322.41$629
Nov 199722918.193.09$707
Oct 199727719.253.15$873
Sep 199712817.742.95$378
Aug 1997017.862.55$0
Jul 1997017.582.25$0
Jun 1997017.242.26$0
May 1997018.972.31$0
Apr 1997017.882.08$0
Mar 19975018.951.94$97
Feb 1997020.492.21$0
Jan 199733623.483.54$1,189
Dec 199637423.32$0
Nov 199631721.97$0
Oct 1996023.31$0
Sep 1996122.22$0
Aug 1996920.26$0
Jul 199613619.55$0
Jun 19962818.73$0
May 199612219.43$0
Apr 1996021.51$0
Mar 199653519.38$0
Feb 199665716.98$0
Jan 199661817.07$0
Dec 19955117.19$0
Nov 199542116.00$0
Oct 19951515.43$0
Sep 199513616.18$0
Aug 1995015.92$0
Jul 199515815.24$0
Jun 199552616.41$0
May 199549117.56$0
Apr 199551017.73$0
Mar 199549316.44$0
Feb 199536616.58$0
Jan 199520415.92$0
Dec 199422315.03$0
Nov 199426915.90$0
Oct 199432515.58$0
Sep 199440915.29$0
Aug 199442016.13$0
Jul 199465917.56$0
Jun 199441317.09$0
May 199410315.88$0
Apr 199436214.14$0
Mar 199471612.46$0
Feb 199493312.50$0
Jan 199495912.66$0
Dec 1993112.33$0
Nov 1993014.49$0
Oct 19931215.85$0
Sep 199370515.03$0
Aug 19931,28315.66$0
Jul 19931,02915.46$0
Jun 199326716.79$0
May 19936917.68$0
Apr 199387418.05$0
Mar 199347218.14$0
Feb 199340017.90$0
Jan 199344316.93$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.

Jan 1998 — as filed, then multipliedworked
Gas                   15 Mcf  × $  2.15 =        $32

────────────────────────────────────────────────────
Month total                                      $32

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. 7B/G/122039 is the state's own key, not one this site invented.