BOND

Operated by LOWRANCE INC. (P-5 511345) 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 141339District 7BField 75095500CondensateGasSaveExport
Value, all time
$154 k
Jan 1993 – Aug 2008
Value, last 12 filed months
$18 k
at the published price for each month
Months reported
188
no gaps in the span
Streams
2
condensate, 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 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

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
CondensateDisposition319 bbl$12,875
GasProduction58,833 Mcf$140,807
Total$153,682

26,740 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 32.4772, -98.8332. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.47723, -98.83316 · 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
0.0%
0 of 1 wells
Median depth
4,000 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
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 4,000 ft.

Completions filed
Jan 1981
1 of 1 wells

1 well

42-1333254014,000 ftJan 1981Yes

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 (188)

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

188 months

Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 2008570123.1711.57$7,021
Apr 20080149110.3110.45$1,558
Mar 20080178101.909.66$1,720
Feb 2008015892.538.77$1,386
Jan 2008018590.388.21$1,518
Dec 2007019288.337.30$1,402
Nov 2007020391.677.29$1,480
Oct 2007020882.856.92$1,440
Sep 200709975.846.24$618
Aug 2007019669.066.39$1,252
Jul 2007021470.906.39$1,367
Jun 2007021262.007.55$1,600
May 2007022458.747.85$1,758
Apr 2007019059.617.81$1,483
Mar 2007017256.927.30$1,256
Feb 2007019655.108.22$1,610
Jan 2007023150.306.73$1,554
Dec 2006013556.656.92$934
Nov 2006018154.207.62$1,379
Oct 2006023754.906.01$1,425
Sep 20063522760.085.04$3,246
Aug 2006018068.717.34$1,321
Jul 2006016669.376.34$1,053
Jun 2006018366.286.38$1,168
May 2006018866.016.42$1,208
Apr 2006017764.397.36$1,303
Mar 2006014156.707.08$999
Feb 2006013457.597.75$1,039
Jan 2006022760.598.93$2,028
Dec 2005019354.9413.42$2,589
Nov 2005019354.6910.59$2,044
Oct 2005023258.3413.80$3,201
Sep 200505161.4512.08$616
Aug 200507461.519.80$725
Jul 2005017755.697.84$1,388
Jun 2005021652.337.38$1,594
May 2005024945.226.65$1,656
Apr 2005027149.207.36$1,995
Mar 2005018250.377.15$1,302
Feb 2005016445.226.31$1,035
Jan 2005011743.166.32$740
Dec 2004014439.866.75$972
Nov 2004020945.286.33$1,323
Oct 2004011049.706.52$717
Sep 2004014143.245.28$745
Aug 2004018442.375.55$1,021
Jul 2004017938.286.08$1,089
Jun 200403736.106.43$238
May 200408737.486.49$565
Apr 2004017434.475.86$1,019
Mar 2004011834.365.53$653
Feb 200409232.455.51$507
Jan 2004016132.036.30$1,014
Dec 200309130.266.30$573
Nov 2003010928.804.60$501
Oct 2003013828.174.76$657
Sep 2003016026.314.75$760
Aug 2003015429.765.13$790
Jul 2003017329.415.17$895
Jun 2003017328.565.98$1,035
May 2003018126.595.97$1,081
Apr 2003018126.675.41$979
Mar 2003018031.146.10$1,097
Feb 2003016933.487.93$1,339
Jan 200304130.315.58$229
Dec 2002013126.914.85$636
Nov 2002016224.664.14$670
Oct 2002017326.464.23$732
Sep 2002017227.443.64$625
Aug 2002019325.963.16$611
Jul 2002019524.583.06$597
Jun 2002018223.733.34$608
May 2002019024.663.58$681
Apr 2002022023.653.51$773
Mar 2002017222.003.10$534
Feb 2002014818.222.38$352
Jan 2002019217.172.38$456
Dec 2001020516.932.36$485
Nov 2001016918.072.41$407
Oct 2001021019.782.53$531
Sep 2001021624.262.25$486
Aug 2001024324.873.05$742
Jul 2001024623.933.20$786
Jun 2001024124.563.82$922
May 2001024325.524.31$1,047
Apr 2001024024.685.34$1,280
Mar 2001423824.545.38$1,378
Feb 2001022327.755.77$1,286
Jan 2001025227.478.40$2,116
Dec 2000019726.889.12$1,797
Nov 2000021632.215.66$1,222
Oct 2000023931.235.15$1,230
Sep 2000026231.875.19$1,359
Aug 2000030929.644.54$1,403
Jul 2000033328.534.09$1,362
Jun 2000032529.304.40$1,429
May 2000035327.263.68$1,299
Apr 2000029224.513.12$910
Mar 2000032828.422.86$938
Feb 2000028327.622.73$772
Jan 2000028225.272.48$700
Dec 1999029224.282.42$708
Nov 1999031023.192.43$755
Oct 1999035420.982.80$993
Sep 1999036921.752.62$966
Aug 1999038519.262.88$1,107
Jul 1999033817.892.37$802
Jun 1999040615.942.36$959
May 1999044215.792.32$1,026
Apr 1999040215.102.21$888
Mar 1999037712.471.84$693
Feb 199903199.981.82$580
Jan 1999035210.381.90$669
Dec 199803059.201.77$541
Nov 1998030710.892.19$671
Oct 1998033312.421.97$656
Sep 1998035212.592.08$733
Aug 1998035811.301.91$683
Jul 1998037011.742.24$828
Jun 1998036111.242.24$808
May 1998038912.622.21$858
Apr 1998039013.042.51$977
Mar 1998039212.802.31$905
Feb 1998038813.952.30$892
Jan 1998038014.702.15$819
Dec 1997041416.322.41$998
Nov 1997043718.193.09$1,350
Oct 1997040419.253.15$1,273
Sep 1997040417.742.95$1,194
Aug 1997042617.862.55$1,088
Jul 1997056217.582.25$1,263
Jun 1997019117.242.26$431
May 1997031318.972.31$723
Apr 1997030817.882.08$642
Mar 1997033518.951.94$650
Feb 1997031420.492.21$693
Jan 1997035123.483.54$1,242
Dec 1996037323.32$0
Nov 19965130321.97$1,120
Oct 1996034023.31$0
Sep 1996032822.22$0
Aug 1996035020.26$0
Jul 1996040519.55$0
Jun 1996035518.73$0
May 1996037119.43$0
Apr 1996060821.51$0
Mar 1996037219.38$0
Feb 1996035516.98$0
Jan 1996041417.07$0
Dec 1995060017.19$0
Nov 1995068016.00$0
Oct 1995047615.43$0
Sep 19953940316.18$631
Aug 1995037515.92$0
Jul 1995034615.24$0
Jun 1995040616.41$0
May 1995044917.56$0
Apr 1995042217.73$0
Mar 1995046016.44$0
Feb 1995039116.58$0
Jan 19954750415.92$748
Dec 1994048015.03$0
Nov 1994058315.90$0
Oct 1994063915.58$0
Sep 1994053615.29$0
Aug 1994059816.13$0
Jul 1994051817.56$0
Jun 1994041617.09$0
May 1994045415.88$0
Apr 199401,06514.14$0
Mar 1994231,45412.46$287
Feb 1994082012.50$0
Jan 1994068212.66$0
Dec 19933664912.33$444
Nov 1993062014.49$0
Oct 1993072615.85$0
Sep 1993067115.03$0
Aug 19932768615.66$423
Jul 1993064915.46$0
Jun 1993066616.79$0
May 1993075917.68$0
Apr 1993066618.05$0
Mar 1993074418.14$0
Feb 1993072317.90$0
Jan 1993085016.93$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.

May 2008 — as filed, then multipliedworked
Condensate            57 bbl  × $123.17 =     $7,021
Gas                    0 Mcf  × $ 11.57 =         $0

────────────────────────────────────────────────────
Month total                                   $7,021

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/141339 is the state's own key, not one this site invented.