LAND, R. T.

Name: LAND, R. T. lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by DEVON ENERGY PRODUCTION CO, L.P. (P-5 216378) in the RENO (CONGL.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 18127District 7BField 75961666NGPA filingGasSave Export

Value, all time

$393 k

Jan 1993 – Nov 2010

Value, last 12 filed months

$8 k

at the published price for each month

Months reported

215

no gaps in the span

Streams

gas

The RENO (CONGL.) 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 83 leases and 83 wells, and the rule below applies to all of them.

Discovered

1959-03-17

as the register files it

Field class

Gas

the register's own label

Between wells

2,000 ft

minimum

From a lease line

467 ft

minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 1984-09-01.

The Commission's schedule remark for this field reads: “AOF-1 AND AOF-2 EFFECTIVE 12/01/97.”

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
Gas	Production	108,678 Mcf	$392,695
Total			$392,695

30,705 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 32.9569, -97.6120. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.95688, -97.61199 · 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

6,820 ft

1 wells filed one

Completion to plug

51.7 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 6,820 ft.

Completions filed

Mar 1959

1 of 1 wells

Plug dates filed

Nov 2010

1 of 1 wells

Last completion to plug: a median of 51.7 years across the 1 well that filed both dates, with the middle half between 51.7 years and 51.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-36700431	1	6,820 ft	Mar 1959	Nov 2010	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 (215)

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

215 months


Nov 2010	0	80.84	3.80	$0
Oct 2010	0	78.10	3.51	$0
Sep 2010	0	72.63	3.98	$0
Aug 2010	105	73.68	4.42	$464
Jul 2010	133	72.55	4.74	$630
Jun 2010	181	70.36	4.91	$889
May 2010	160	71.12	4.24	$678
Apr 2010	185	81.69	4.12	$763
Mar 2010	250	78.39	4.39	$1,097
Feb 2010	163	73.58	5.44	$887
Jan 2010	238	74.36	5.96	$1,419
Dec 2009	206	71.44	5.48	$1,130
Nov 2009	167	74.59	3.75	$627
Oct 2009	217	72.54	4.11	$892
Sep 2009	200	65.54	3.06	$613
Aug 2009	202	67.42	3.22	$650
Jul 2009	240	61.13	3.46	$831
Jun 2009	218	66.16	3.90	$849
May 2009	205	54.74	3.93	$805
Apr 2009	150	46.77	3.59	$538
Mar 2009	192	42.14	4.06	$779
Feb 2009	202	32.81	4.63	$936
Jan 2009	300	35.86	5.37	$1,611
Dec 2008	241	37.10	5.98	$1,440
Nov 2008	241	55.49	6.86	$1,653
Oct 2008	199	75.24	6.92	$1,377
Sep 2008	269	101.76	7.88	$2,119
Aug 2008	253	114.22	8.48	$2,146
Jul 2008	314	131.08	11.39	$3,576
Jun 2008	251	131.33	13.03	$3,271
May 2008	306	123.17	11.57	$3,542
Apr 2008	245	110.31	10.45	$2,561
Mar 2008	312	101.90	9.66	$3,015
Feb 2008	262	92.53	8.77	$2,298
Jan 2008	285	90.38	8.21	$2,339
Dec 2007	303	88.33	7.30	$2,213
Nov 2007	315	91.67	7.29	$2,297
Oct 2007	441	82.85	6.92	$3,053
Sep 2007	375	75.84	6.24	$2,342
Aug 2007	344	69.06	6.39	$2,197
Jul 2007	487	70.90	6.39	$3,111
Jun 2007	503	62.00	7.55	$3,797
May 2007	498	58.74	7.85	$3,907
Apr 2007	312	59.61	7.81	$2,435
Mar 2007	249	56.92	7.30	$1,818
Feb 2007	242	55.10	8.22	$1,988
Jan 2007	318	50.30	6.73	$2,139
Dec 2006	491	56.65	6.92	$3,397
Nov 2006	279	54.20	7.62	$2,125
Oct 2006	339	54.90	6.01	$2,039
Sep 2006	416	60.08	5.04	$2,095
Aug 2006	301	68.71	7.34	$2,209
Jul 2006	551	69.37	6.34	$3,495
Jun 2006	361	66.28	6.38	$2,305
May 2006	509	66.01	6.42	$3,270
Apr 2006	544	64.39	7.36	$4,004
Mar 2006	805	56.70	7.08	$5,702
Feb 2006	679	57.59	7.75	$5,263
Jan 2006	806	60.59	8.93	$7,200
Dec 2005	885	54.94	13.42	$11,873
Nov 2005	913	54.69	10.59	$9,667
Oct 2005	805	58.34	13.80	$11,106
Sep 2005	476	61.45	12.08	$5,750
Aug 2005	488	61.51	9.80	$4,781
Jul 2005	831	55.69	7.84	$6,518
Jun 2005	657	52.33	7.38	$4,849
May 2005	740	45.22	6.65	$4,922
Apr 2005	507	49.20	7.36	$3,732
Mar 2005	566	50.37	7.15	$4,050
Feb 2005	607	45.22	6.31	$3,831
Jan 2005	677	43.16	6.32	$4,280
Dec 2004	444	39.86	6.75	$2,997
Nov 2004	380	45.28	6.33	$2,406
Oct 2004	411	49.70	6.52	$2,678
Sep 2004	202	43.24	5.28	$1,067
Aug 2004	197	42.37	5.55	$1,093
Jul 2004	632	38.28	6.08	$3,845
Jun 2004	434	36.10	6.43	$2,792
May 2004	537	37.48	6.49	$3,488
Apr 2004	566	34.47	5.86	$3,316
Mar 2004	711	34.36	5.53	$3,932
Feb 2004	629	32.45	5.51	$3,466
Jan 2004	738	32.03	6.30	$4,649
Dec 2003	579	30.26	6.30	$3,649
Nov 2003	560	28.80	4.60	$2,573
Oct 2003	545	28.17	4.76	$2,594
Sep 2003	429	26.31	4.75	$2,037
Aug 2003	564	29.76	5.13	$2,893
Jul 2003	511	29.41	5.17	$2,642
Jun 2003	389	28.56	5.98	$2,327
May 2003	468	26.59	5.97	$2,795
Apr 2003	548	26.67	5.41	$2,963
Mar 2003	558	31.14	6.10	$3,402
Feb 2003	133	33.48	7.93	$1,054
Jan 2003	448	30.31	5.58	$2,501
Dec 2002	597	26.91	4.85	$2,898
Nov 2002	648	24.66	4.14	$2,681
Oct 2002	839	26.46	4.23	$3,548
Sep 2002	655	27.44	3.64	$2,381
Aug 2002	622	25.96	3.16	$1,968
Jul 2002	665	24.58	3.06	$2,036
Jun 2002	502	23.73	3.34	$1,676
May 2002	676	24.66	3.58	$2,423
Apr 2002	578	23.65	3.51	$2,030
Mar 2002	593	22.00	3.10	$1,840
Feb 2002	441	18.22	2.38	$1,048
Jan 2002	486	17.17	2.38	$1,155
Dec 2001	669	16.93	2.36	$1,582
Nov 2001	476	18.07	2.41	$1,145
Oct 2001	545	19.78	2.53	$1,378
Sep 2001	382	24.26	2.25	$860
Aug 2001	362	24.87	3.05	$1,105
Jul 2001	362	23.93	3.20	$1,157
Jun 2001	394	24.56	3.82	$1,507
May 2001	467	25.52	4.31	$2,012
Apr 2001	613	24.68	5.34	$3,271
Mar 2001	444	24.54	5.38	$2,387
Feb 2001	474	27.75	5.77	$2,734
Jan 2001	636	27.47	8.40	$5,342
Dec 2000	608	26.88	9.12	$5,546
Nov 2000	397	32.21	5.66	$2,246
Oct 2000	694	31.23	5.15	$3,571
Sep 2000	397	31.87	5.19	$2,059
Aug 2000	671	29.64	4.54	$3,047
Jul 2000	492	28.53	4.09	$2,012
Jun 2000	564	29.30	4.40	$2,480
May 2000	641	27.26	3.68	$2,359
Apr 2000	605	24.51	3.12	$1,885
Mar 2000	578	28.42	2.86	$1,653
Feb 2000	665	27.62	2.73	$1,813
Jan 2000	736	25.27	2.48	$1,826
Dec 1999	612	24.28	2.42	$1,483
Nov 1999	831	23.19	2.43	$2,023
Oct 1999	950	20.98	2.80	$2,664
Sep 1999	625	21.75	2.62	$1,637
Aug 1999	530	19.26	2.88	$1,524
Jul 1999	612	17.89	2.37	$1,452
Jun 1999	560	15.94	2.36	$1,323
May 1999	737	15.79	2.32	$1,711
Apr 1999	652	15.10	2.21	$1,440
Mar 1999	565	12.47	1.84	$1,039
Feb 1999	754	9.98	1.82	$1,371
Jan 1999	451	10.38	1.90	$857
Dec 1998	469	9.20	1.77	$832
Nov 1998	339	10.89	2.19	$741
Oct 1998	393	12.42	1.97	$774
Sep 1998	286	12.59	2.08	$596
Aug 1998	343	11.30	1.91	$654
Jul 1998	591	11.74	2.24	$1,322
Jun 1998	757	11.24	2.24	$1,694
May 1998	968	12.62	2.21	$2,136
Apr 1998	718	13.04	2.51	$1,799
Mar 1998	668	12.80	2.31	$1,543
Feb 1998	755	13.95	2.30	$1,736
Jan 1998	574	14.70	2.15	$1,237
Dec 1997	513	16.32	2.41	$1,237
Nov 1997	563	18.19	3.09	$1,739
Oct 1997	535	19.25	3.15	$1,685
Sep 1997	537	17.74	2.95	$1,587
Aug 1997	362	17.86	2.55	$925
Jul 1997	310	17.58	2.25	$697
Jun 1997	584	17.24	2.26	$1,318
May 1997	569	18.97	2.31	$1,314
Apr 1997	232	17.88	2.08	$483
Mar 1997	421	18.95	1.94	$816
Feb 1997	462	20.49	2.21	$1,019
Jan 1997	646	23.48	3.54	$2,287
Dec 1996	909	23.32	—	$0
Nov 1996	675	21.97	—	$0
Oct 1996	890	23.31	—	$0
Sep 1996	644	22.22	—	$0
Aug 1996	805	20.26	—	$0
Jul 1996	686	19.55	—	$0
Jun 1996	482	18.73	—	$0
May 1996	166	19.43	—	$0
Apr 1996	701	21.51	—	$0
Mar 1996	508	19.38	—	$0
Feb 1996	680	16.98	—	$0
Jan 1996	520	17.07	—	$0
Dec 1995	568	17.19	—	$0
Nov 1995	682	16.00	—	$0
Oct 1995	66	15.43	—	$0
Sep 1995	563	16.18	—	$0
Aug 1995	811	15.92	—	$0
Jul 1995	626	15.24	—	$0
Jun 1995	487	16.41	—	$0
May 1995	500	17.56	—	$0
Apr 1995	642	17.73	—	$0
Mar 1995	524	16.44	—	$0
Feb 1995	532	16.58	—	$0
Jan 1995	671	15.92	—	$0
Dec 1994	729	15.03	—	$0
Nov 1994	697	15.90	—	$0
Oct 1994	581	15.58	—	$0
Sep 1994	721	15.29	—	$0
Aug 1994	727	16.13	—	$0
Jul 1994	771	17.56	—	$0
Jun 1994	688	17.09	—	$0
May 1994	668	15.88	—	$0
Apr 1994	616	14.14	—	$0
Mar 1994	754	12.46	—	$0
Feb 1994	779	12.50	—	$0
Jan 1994	630	12.66	—	$0
Dec 1993	723	12.33	—	$0
Nov 1993	691	14.49	—	$0
Oct 1993	704	15.85	—	$0
Sep 1993	725	15.03	—	$0
Aug 1993	454	15.66	—	$0
Jul 1993	678	15.46	—	$0
Jun 1993	719	16.79	—	$0
May 1993	685	17.68	—	$0
Apr 1993	740	18.05	—	$0
Mar 1993	708	18.14	—	$0
Feb 1993	472	17.90	—	$0
Jan 1993	707	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.

Aug 2010 — as filed, then multipliedworked

Gas                  105 Mcf  × $  4.42 =       $464

────────────────────────────────────────────────────
Month total                                     $464

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/18127 is the state's own key, not one this site invented.