LOWRANCE-EAST

Name: LOWRANCE-EAST lease production and value, Nov 1996 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

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 160758District 7BField 75095500GasSave Export

Value, all time

$72 k

Nov 1996 – Oct 2011

Value, last 12 filed months

$653

at the published price for each month

Months reported

180

no gaps in the span

Streams

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”

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
Gas	Production	12,636 Mcf	$71,591
Total			$71,591

120 Mcf of this lease's gas, across 2 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 32.4832, -98.8334. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.48315, -98.83343 · 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

3,996 ft

1 wells filed one

Completion to plug

27.3 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 3,996 ft.

Completions filed

Jun 1984

1 of 1 wells

Plug dates filed

Oct 2011

1 of 1 wells

Last completion to plug: a median of 27.3 years across the 1 well that filed both dates, with the middle half between 27.3 years and 27.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-13335931	1	3,996 ft	Jun 1984	Oct 2011	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 (180)

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

180 months


Oct 2011	0	84.98	3.65	$0
Sep 2011	0	83.62	3.99	$0
Aug 2011	0	83.40	4.15	$0
Jul 2011	11	94.14	4.52	$50
Jun 2011	21	92.90	4.64	$97
May 2011	14	98.13	4.40	$62
Apr 2011	25	105.96	4.33	$108
Mar 2011	22	96.36	4.06	$89
Feb 2011	26	85.64	4.18	$109
Jan 2011	2	86.50	4.59	$9
Dec 2010	6	85.73	4.35	$26
Nov 2010	27	80.84	3.80	$102
Oct 2010	25	78.10	3.51	$88
Sep 2010	28	72.63	3.98	$111
Aug 2010	20	73.68	4.42	$88
Jul 2010	27	72.55	4.74	$128
Jun 2010	31	70.36	4.91	$152
May 2010	26	71.12	4.24	$110
Apr 2010	26	81.69	4.12	$107
Mar 2010	25	78.39	4.39	$110
Feb 2010	28	73.58	5.44	$152
Jan 2010	39	74.36	5.96	$233
Dec 2009	14	71.44	5.48	$77
Nov 2009	15	74.59	3.75	$56
Oct 2009	13	72.54	4.11	$53
Sep 2009	28	65.54	3.06	$86
Aug 2009	18	67.42	3.22	$58
Jul 2009	22	61.13	3.46	$76
Jun 2009	16	66.16	3.90	$62
May 2009	5	54.74	3.93	$20
Apr 2009	8	46.77	3.59	$29
Mar 2009	0	42.14	4.06	$0
Feb 2009	13	32.81	4.63	$60
Jan 2009	20	35.86	5.37	$107
Dec 2008	25	37.10	5.98	$149
Nov 2008	29	55.49	6.86	$199
Oct 2008	24	75.24	6.92	$166
Sep 2008	24	101.76	7.88	$189
Aug 2008	33	114.22	8.48	$280
Jul 2008	27	131.08	11.39	$308
Jun 2008	29	131.33	13.03	$378
May 2008	30	123.17	11.57	$347
Apr 2008	38	110.31	10.45	$397
Mar 2008	55	101.90	9.66	$532
Feb 2008	54	92.53	8.77	$474
Jan 2008	43	90.38	8.21	$353
Dec 2007	107	88.33	7.30	$781
Nov 2007	303	91.67	7.29	$2,209
Oct 2007	660	82.85	6.92	$4,569
Sep 2007	475	75.84	6.24	$2,966
Aug 2007	503	69.06	6.39	$3,213
Jul 2007	420	70.90	6.39	$2,683
Jun 2007	0	62.00	7.55	$0
May 2007	200	58.74	7.85	$1,569
Apr 2007	300	59.61	7.81	$2,342
Mar 2007	304	56.92	7.30	$2,220
Feb 2007	224	55.10	8.22	$1,840
Jan 2007	271	50.30	6.73	$1,823
Dec 2006	154	56.65	6.92	$1,065
Nov 2006	154	54.20	7.62	$1,173
Oct 2006	218	54.90	6.01	$1,311
Sep 2006	211	60.08	5.04	$1,063
Aug 2006	239	68.71	7.34	$1,754
Jul 2006	188	69.37	6.34	$1,192
Jun 2006	135	66.28	6.38	$862
May 2006	162	66.01	6.42	$1,041
Apr 2006	159	64.39	7.36	$1,170
Mar 2006	118	56.70	7.08	$836
Feb 2006	148	57.59	7.75	$1,147
Jan 2006	129	60.59	8.93	$1,152
Dec 2005	114	54.94	13.42	$1,529
Nov 2005	126	54.69	10.59	$1,334
Oct 2005	63	58.34	13.80	$869
Sep 2005	19	61.45	12.08	$230
Aug 2005	39	61.51	9.80	$382
Jul 2005	49	55.69	7.84	$384
Jun 2005	29	52.33	7.38	$214
May 2005	28	45.22	6.65	$186
Apr 2005	27	49.20	7.36	$199
Mar 2005	31	50.37	7.15	$222
Feb 2005	29	45.22	6.31	$183
Jan 2005	28	43.16	6.32	$177
Dec 2004	31	39.86	6.75	$209
Nov 2004	34	45.28	6.33	$215
Oct 2004	39	49.70	6.52	$254
Sep 2004	52	43.24	5.28	$275
Aug 2004	49	42.37	5.55	$272
Jul 2004	57	38.28	6.08	$347
Jun 2004	43	36.10	6.43	$277
May 2004	38	37.48	6.49	$247
Apr 2004	44	34.47	5.86	$258
Mar 2004	44	34.36	5.53	$243
Feb 2004	39	32.45	5.51	$215
Jan 2004	42	32.03	6.30	$265
Dec 2003	41	30.26	6.30	$258
Nov 2003	41	28.80	4.60	$188
Oct 2003	42	28.17	4.76	$200
Sep 2003	43	26.31	4.75	$204
Aug 2003	44	29.76	5.13	$226
Jul 2003	48	29.41	5.17	$248
Jun 2003	47	28.56	5.98	$281
May 2003	48	26.59	5.97	$287
Apr 2003	45	26.67	5.41	$243
Mar 2003	45	31.14	6.10	$274
Feb 2003	45	33.48	7.93	$357
Jan 2003	46	30.31	5.58	$257
Dec 2002	48	26.91	4.85	$233
Nov 2002	54	24.66	4.14	$223
Oct 2002	54	26.46	4.23	$228
Sep 2002	54	27.44	3.64	$196
Aug 2002	52	25.96	3.16	$165
Jul 2002	54	24.58	3.06	$165
Jun 2002	53	23.73	3.34	$177
May 2002	55	24.66	3.58	$197
Apr 2002	54	23.65	3.51	$190
Mar 2002	54	22.00	3.10	$168
Feb 2002	47	18.22	2.38	$112
Jan 2002	59	17.17	2.38	$140
Dec 2001	57	16.93	2.36	$135
Nov 2001	34	18.07	2.41	$82
Oct 2001	68	19.78	2.53	$172
Sep 2001	57	24.26	2.25	$128
Aug 2001	57	24.87	3.05	$174
Jul 2001	60	23.93	3.20	$192
Jun 2001	60	24.56	3.82	$229
May 2001	63	25.52	4.31	$271
Apr 2001	56	24.68	5.34	$299
Mar 2001	60	24.54	5.38	$323
Feb 2001	56	27.75	5.77	$323
Jan 2001	70	27.47	8.40	$588
Dec 2000	59	26.88	9.12	$538
Nov 2000	67	32.21	5.66	$379
Oct 2000	74	31.23	5.15	$381
Sep 2000	72	31.87	5.19	$373
Aug 2000	74	29.64	4.54	$336
Jul 2000	75	28.53	4.09	$307
Jun 2000	77	29.30	4.40	$339
May 2000	77	27.26	3.68	$283
Apr 2000	69	24.51	3.12	$215
Mar 2000	60	28.42	2.86	$172
Feb 2000	56	27.62	2.73	$153
Jan 2000	50	25.27	2.48	$124
Dec 1999	50	24.28	2.42	$121
Nov 1999	59	23.19	2.43	$144
Oct 1999	49	20.98	2.80	$137
Sep 1999	48	21.75	2.62	$126
Aug 1999	44	19.26	2.88	$127
Jul 1999	57	17.89	2.37	$135
Jun 1999	59	15.94	2.36	$139
May 1999	60	15.79	2.32	$139
Apr 1999	59	15.10	2.21	$130
Mar 1999	76	12.47	1.84	$140
Feb 1999	64	9.98	1.82	$116
Jan 1999	59	10.38	1.90	$112
Dec 1998	49	9.20	1.77	$87
Nov 1998	0	10.89	2.19	$0
Oct 1998	41	12.42	1.97	$81
Sep 1998	45	12.59	2.08	$94
Aug 1998	77	11.30	1.91	$147
Jul 1998	90	11.74	2.24	$201
Jun 1998	87	11.24	2.24	$195
May 1998	73	12.62	2.21	$161
Apr 1998	57	13.04	2.51	$143
Mar 1998	51	12.80	2.31	$118
Feb 1998	42	13.95	2.30	$97
Jan 1998	61	14.70	2.15	$131
Dec 1997	69	16.32	2.41	$166
Nov 1997	43	18.19	3.09	$133
Oct 1997	34	19.25	3.15	$107
Sep 1997	34	17.74	2.95	$100
Aug 1997	42	17.86	2.55	$107
Jul 1997	50	17.58	2.25	$112
Jun 1997	44	17.24	2.26	$99
May 1997	57	18.97	2.31	$132
Apr 1997	53	17.88	2.08	$110
Mar 1997	64	18.95	1.94	$124
Feb 1997	49	20.49	2.21	$108
Jan 1997	51	23.48	3.54	$181
Dec 1996	60	23.32	—	$0
Nov 1996	60	21.97	—	$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.

Jul 2011 — as filed, then multipliedworked

Gas                   11 Mcf  × $  4.52 =        $50

────────────────────────────────────────────────────
Month total                                      $50

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/160758 is the state's own key, not one this site invented.