LESTER, W.D. UNIT NO. 1

Name: LESTER, W.D. UNIT NO. 1 lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by NORTH RIDGE CORPORATION (P-5 614120) in the REB (MARBLE FALLS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 122344District 7BField 75095500NGPA filingCondensateGasSave Export

Value, all time

$25 k

Jan 1993 – Jul 2006

Value, last 12 filed months

at the published price for each month

Months reported

163

no gaps in the span

Streams

condensate, gas

The REB (MARBLE FALLS) 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 431 leases and 525 wells, and the rule below applies to all of them.

Discovered

1982-03-12

as the register files it

Field class

Oil and gas

the register's own label

Between wells

933 ft

minimum

From a lease line

330 ft

minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 1986-01-01.

The Commission's schedule remark for this field reads: “EFF. 09-10-84 PER DOCKET #7B-82,934”

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.

Programme	Filings	With an approval date	Dated	Docket
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	23 bbl	$352
Gas	Production	12,534 Mcf	$24,533
Total			$24,885

4,316 Mcf of this lease's gas, across 19 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 32.4035, -98.8722. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.40353, -98.87224 · 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

3,900 ft

1 wells filed one

Completion to plug

19.8 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 3,900 ft.

Completions filed

Sep 1986

1 of 1 wells

Plug dates filed

Jul 2006

1 of 1 wells

Last completion to plug: a median of 19.8 years across the 1 well that filed both dates, with the middle half between 19.8 years and 19.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-13336932	1	3,900 ft	Sep 1986	Jul 2006	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 (163)

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

163 months


Jul 2006	0	0	69.37	6.34	$0
Jun 2006	0	0	66.28	6.38	$0
May 2006	0	0	66.01	6.42	$0
Apr 2006	0	0	64.39	7.36	$0
Mar 2006	0	0	56.70	7.08	$0
Feb 2006	0	0	57.59	7.75	$0
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	0	0	61.51	9.80	$0
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	0	0	50.37	7.15	$0
Feb 2005	0	0	45.22	6.31	$0
Jan 2005	0	0	43.16	6.32	$0
Dec 2004	0	36	39.86	6.75	$243
Nov 2004	0	34	45.28	6.33	$215
Oct 2004	0	39	49.70	6.52	$254
Sep 2004	0	35	43.24	5.28	$185
Aug 2004	0	39	42.37	5.55	$216
Jul 2004	0	25	38.28	6.08	$152
Jun 2004	0	38	36.10	6.43	$244
May 2004	0	33	37.48	6.49	$214
Apr 2004	0	28	34.47	5.86	$164
Mar 2004	0	35	34.36	5.53	$194
Feb 2004	0	30	32.45	5.51	$165
Jan 2004	0	29	32.03	6.30	$183
Dec 2003	0	29	30.26	6.30	$183
Nov 2003	0	33	28.80	4.60	$152
Oct 2003	0	28	28.17	4.76	$133
Sep 2003	0	22	26.31	4.75	$104
Aug 2003	0	27	29.76	5.13	$139
Jul 2003	0	20	29.41	5.17	$103
Jun 2003	0	23	28.56	5.98	$138
May 2003	0	34	26.59	5.97	$203
Apr 2003	0	28	26.67	5.41	$151
Mar 2003	0	26	31.14	6.10	$159
Feb 2003	0	25	33.48	7.93	$198
Jan 2003	0	33	30.31	5.58	$184
Dec 2002	0	35	26.91	4.85	$170
Nov 2002	0	31	24.66	4.14	$128
Oct 2002	0	36	26.46	4.23	$152
Sep 2002	0	29	27.44	3.64	$105
Aug 2002	0	28	25.96	3.16	$89
Jul 2002	0	20	24.58	3.06	$61
Jun 2002	0	30	23.73	3.34	$100
May 2002	0	31	24.66	3.58	$111
Apr 2002	0	46	23.65	3.51	$162
Mar 2002	0	42	22.00	3.10	$130
Feb 2002	0	34	18.22	2.38	$81
Jan 2002	0	22	17.17	2.38	$52
Dec 2001	0	7	16.93	2.36	$17
Nov 2001	0	25	18.07	2.41	$60
Oct 2001	0	46	19.78	2.53	$116
Sep 2001	0	46	24.26	2.25	$104
Aug 2001	0	51	24.87	3.05	$156
Jul 2001	0	52	23.93	3.20	$166
Jun 2001	0	51	24.56	3.82	$195
May 2001	0	39	25.52	4.31	$168
Apr 2001	0	35	24.68	5.34	$187
Mar 2001	0	39	24.54	5.38	$210
Feb 2001	0	59	27.75	5.77	$340
Jan 2001	0	38	27.47	8.40	$319
Dec 2000	0	44	26.88	9.12	$401
Nov 2000	0	64	32.21	5.66	$362
Oct 2000	0	63	31.23	5.15	$324
Sep 2000	0	48	31.87	5.19	$249
Aug 2000	0	62	29.64	4.54	$282
Jul 2000	0	57	28.53	4.09	$233
Jun 2000	0	49	29.30	4.40	$215
May 2000	0	55	27.26	3.68	$202
Apr 2000	0	49	24.51	3.12	$153
Mar 2000	0	57	28.42	2.86	$163
Feb 2000	0	46	27.62	2.73	$125
Jan 2000	0	45	25.27	2.48	$112
Dec 1999	0	41	24.28	2.42	$99
Nov 1999	0	40	23.19	2.43	$97
Oct 1999	0	41	20.98	2.80	$115
Sep 1999	0	40	21.75	2.62	$105
Aug 1999	0	37	19.26	2.88	$106
Jul 1999	0	38	17.89	2.37	$90
Jun 1999	0	94	15.94	2.36	$222
May 1999	0	111	15.79	2.32	$258
Apr 1999	0	144	15.10	2.21	$318
Mar 1999	0	0	12.47	1.84	$0
Feb 1999	0	8	9.98	1.82	$15
Jan 1999	0	90	10.38	1.90	$171
Dec 1998	0	164	9.20	1.77	$291
Nov 1998	0	224	10.89	2.19	$490
Oct 1998	0	242	12.42	1.97	$477
Sep 1998	0	225	12.59	2.08	$469
Aug 1998	0	249	11.30	1.91	$475
Jul 1998	0	258	11.74	2.24	$577
Jun 1998	0	247	11.24	2.24	$553
May 1998	0	256	12.62	2.21	$565
Apr 1998	0	238	13.04	2.51	$596
Mar 1998	0	258	12.80	2.31	$596
Feb 1998	0	224	13.95	2.30	$515
Jan 1998	0	229	14.70	2.15	$493
Dec 1997	0	189	16.32	2.41	$456
Nov 1997	0	210	18.19	3.09	$649
Oct 1997	0	225	19.25	3.15	$709
Sep 1997	0	220	17.74	2.95	$650
Aug 1997	0	134	17.86	2.55	$342
Jul 1997	0	139	17.58	2.25	$312
Jun 1997	0	233	17.24	2.26	$526
May 1997	0	260	18.97	2.31	$600
Apr 1997	0	212	17.88	2.08	$442
Mar 1997	0	237	18.95	1.94	$460
Feb 1997	0	204	20.49	2.21	$450
Jan 1997	0	217	23.48	3.54	$768
Dec 1996	0	219	23.32	—	$0
Nov 1996	0	215	21.97	—	$0
Oct 1996	0	217	23.31	—	$0
Sep 1996	0	211	22.22	—	$0
Aug 1996	0	221	20.26	—	$0
Jul 1996	0	252	19.55	—	$0
Jun 1996	0	240	18.73	—	$0
May 1996	0	243	19.43	—	$0
Apr 1996	0	238	21.51	—	$0
Mar 1996	0	279	19.38	—	$0
Feb 1996	0	399	16.98	—	$0
Jan 1996	0	209	17.07	—	$0
Dec 1995	0	200	17.19	—	$0
Nov 1995	0	274	16.00	—	$0
Oct 1995	0	235	15.43	—	$0
Sep 1995	0	295	16.18	—	$0
Aug 1995	0	265	15.92	—	$0
Jul 1995	0	84	15.24	—	$0
Jun 1995	0	20	16.41	—	$0
May 1995	0	0	17.56	—	$0
Apr 1995	0	0	17.73	—	$0
Mar 1995	0	0	16.44	—	$0
Feb 1995	0	0	16.58	—	$0
Jan 1995	0	0	15.92	—	$0
Dec 1994	0	0	15.03	—	$0
Nov 1994	0	0	15.90	—	$0
Oct 1994	0	0	15.58	—	$0
Sep 1994	23	0	15.29	—	$352
Aug 1994	0	0	16.13	—	$0
Jul 1994	0	0	17.56	—	$0
Jun 1994	0	0	17.09	—	$0
May 1994	0	0	15.88	—	$0
Apr 1994	0	0	14.14	—	$0
Mar 1994	0	0	12.46	—	$0
Feb 1994	0	0	12.50	—	$0
Jan 1994	0	0	12.66	—	$0
Dec 1993	0	0	12.33	—	$0
Nov 1993	0	0	14.49	—	$0
Oct 1993	0	0	15.85	—	$0
Sep 1993	0	0	15.03	—	$0
Aug 1993	0	0	15.66	—	$0
Jul 1993	0	0	15.46	—	$0
Jun 1993	0	0	16.79	—	$0
May 1993	0	0	17.68	—	$0
Apr 1993	0	0	18.05	—	$0
Mar 1993	0	0	18.14	—	$0
Feb 1993	0	0	17.90	—	$0
Jan 1993	0	0	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.

Dec 2004 — as filed, then multipliedworked

Condensate             0 bbl  × $ 39.86 =         $0
Gas                   36 Mcf  × $  6.75 =       $243

────────────────────────────────────────────────────
Month total                                     $243

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/122344 is the state's own key, not one this site invented.