LAW

Name: LAW lease production and value, Aug 2003 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by FOAG, INC. (P-5 274964) in the LILLY BELL (CADDO) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 197191District 7BField 53580075CondensateGasSave Export

Value, all time

$451 k

Aug 2003 – Jan 2019

Value, last 12 filed months

$3 k

at the published price for each month

Months reported

186

no gaps in the span

Streams

condensate, gas

The LILLY BELL (CADDO) 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 4 leases and 4 wells, and the rule below applies to all of them.

Discovered

1997-11-07

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

The Commission's schedule remark for this field reads: “AOF-1 AND AOF-2 EFFECTIVE 03/01/2004.”

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	180 bbl	$10,968
Gas	Production	82,485 Mcf	$439,552
Total			$450,520

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 32.7062, -99.0890. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.70625, -99.08896 · 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

4,496 ft

1 wells filed one

Completion to plug

15.4 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 4,496 ft.

Completions filed

Aug 2003

1 of 1 wells

Plug dates filed

Jan 2019

1 of 1 wells

Last completion to plug: a median of 15.4 years across the 1 well that filed both dates, with the middle half between 15.4 years and 15.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-42935963	1	4,496 ft	Aug 2003	Jan 2019	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 (186)

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

186 months


Jan 2019	6	0	46.03	3.23	$276
Dec 2018	0	0	46.59	4.19	$0
Nov 2018	0	0	52.93	4.24	$0
Oct 2018	0	0	61.44	3.40	$0
Sep 2018	0	0	59.54	3.11	$0
Aug 2018	0	0	59.40	3.07	$0
Jul 2018	0	0	65.14	2.93	$0
Jun 2018	0	196	60.18	3.08	$603
May 2018	0	93	65.38	2.90	$270
Apr 2018	0	186	63.84	2.90	$540
Mar 2018	0	191	61.22	2.79	$532
Feb 2018	0	224	61.78	2.77	$620
Jan 2018	0	263	62.87	4.01	$1,054
Dec 2017	0	299	57.27	2.92	$874
Nov 2017	0	372	55.42	3.12	$1,160
Oct 2017	0	221	49.29	2.98	$659
Sep 2017	0	154	47.52	3.09	$475
Aug 2017	0	263	45.37	3.00	$790
Jul 2017	0	161	43.87	3.09	$497
Jun 2017	0	142	42.49	3.09	$438
May 2017	0	278	45.37	3.26	$907
Apr 2017	0	394	47.93	3.21	$1,265
Mar 2017	0	482	46.77	2.98	$1,438
Feb 2017	0	411	50.45	2.95	$1,214
Jan 2017	0	157	49.41	3.42	$537
Dec 2016	0	162	48.76	3.72	$603
Nov 2016	0	170	42.49	2.64	$450
Oct 2016	0	179	46.19	3.09	$553
Sep 2016	0	275	41.55	3.10	$853
Aug 2016	0	387	41.44	2.92	$1,132
Jul 2016	0	383	41.62	2.92	$1,120
Jun 2016	0	305	45.35	2.69	$819
May 2016	0	291	42.52	1.99	$579
Apr 2016	0	291	36.56	1.99	$579
Mar 2016	0	400	33.01	1.79	$718
Feb 2016	0	375	26.47	2.06	$774
Jan 2016	0	338	27.35	2.36	$799
Dec 2015	0	346	32.36	2.00	$692
Nov 2015	0	400	38.79	2.17	$867
Oct 2015	0	384	43.55	2.43	$932
Sep 2015	0	417	42.99	2.76	$1,150
Aug 2015	0	232	40.16	2.87	$666
Jul 2015	0	298	48.15	2.95	$878
Jun 2015	0	402	56.15	2.88	$1,159
May 2015	0	445	55.21	2.96	$1,315
Apr 2015	0	425	49.82	2.71	$1,150
Mar 2015	0	445	42.89	2.93	$1,306
Feb 2015	0	401	44.66	2.98	$1,193
Jan 2015	0	417	43.43	3.10	$1,293
Dec 2014	0	499	54.69	3.59	$1,792
Nov 2014	0	418	70.46	4.25	$1,777
Oct 2014	0	416	78.30	3.90	$1,623
Sep 2014	0	395	86.16	4.05	$1,598
Aug 2014	0	425	89.39	4.04	$1,715
Jul 2014	0	441	96.56	4.18	$1,843
Jun 2014	0	442	98.16	4.74	$2,094
May 2014	0	525	94.73	4.73	$2,481
Apr 2014	0	546	95.94	4.81	$2,626
Mar 2014	0	623	95.89	5.06	$3,150
Feb 2014	0	658	97.40	6.19	$4,074
Jan 2014	0	941	90.40	4.86	$4,574
Dec 2013	0	6	91.82	4.35	$26
Nov 2013	0	0	88.85	3.74	$0
Oct 2013	0	0	97.42	3.78	$0
Sep 2013	0	23	104.11	3.72	$86
Aug 2013	0	128	104.25	3.52	$451
Jul 2013	0	346	102.52	3.72	$1,286
Jun 2013	0	410	94.40	3.93	$1,613
May 2013	0	508	94.83	4.15	$2,108
Apr 2013	0	544	93.96	4.28	$2,330
Mar 2013	0	612	93.62	3.91	$2,395
Feb 2013	0	346	91.23	3.42	$1,183
Jan 2013	0	670	91.60	3.42	$2,291
Dec 2012	0	556	86.77	3.42	$1,902
Nov 2012	0	583	86.95	3.62	$2,113
Oct 2012	0	222	89.38	3.40	$755
Sep 2012	0	569	94.67	2.92	$1,661
Aug 2012	0	506	92.66	2.91	$1,472
Jul 2012	0	541	85.13	3.02	$1,634
Jun 2012	0	516	79.82	2.52	$1,300
May 2012	0	533	91.61	2.49	$1,326
Apr 2012	0	504	101.65	2.00	$1,006
Mar 2012	0	484	105.05	2.22	$1,075
Feb 2012	0	447	101.10	2.57	$1,149
Jan 2012	0	485	98.09	2.73	$1,326
Dec 2011	0	497	96.87	3.24	$1,610
Nov 2011	0	493	95.72	3.31	$1,632
Oct 2011	0	522	84.98	3.65	$1,905
Sep 2011	0	519	83.62	3.99	$2,069
Aug 2011	0	519	83.40	4.15	$2,154
Jul 2011	0	532	94.14	4.52	$2,403
Jun 2011	0	537	92.90	4.64	$2,492
May 2011	0	558	98.13	4.40	$2,458
Apr 2011	0	550	105.96	4.33	$2,383
Mar 2011	0	602	96.36	4.06	$2,443
Feb 2011	0	576	85.64	4.18	$2,408
Jan 2011	0	592	86.50	4.59	$2,717
Dec 2010	0	662	85.73	4.35	$2,878
Nov 2010	0	522	80.84	3.80	$1,981
Oct 2010	0	358	78.10	3.51	$1,256
Sep 2010	0	437	72.63	3.98	$1,739
Aug 2010	0	500	73.68	4.42	$2,210
Jul 2010	0	542	72.55	4.74	$2,567
Jun 2010	0	476	70.36	4.91	$2,337
May 2010	0	567	71.12	4.24	$2,401
Apr 2010	0	551	81.69	4.12	$2,272
Mar 2010	0	580	78.39	4.39	$2,545
Feb 2010	0	533	73.58	5.44	$2,901
Jan 2010	0	617	74.36	5.96	$3,680
Dec 2009	0	582	71.44	5.48	$3,192
Nov 2009	0	590	74.59	3.75	$2,213
Oct 2009	0	596	72.54	4.11	$2,450
Sep 2009	0	617	65.54	3.06	$1,891
Aug 2009	0	618	67.42	3.22	$1,989
Jul 2009	0	606	61.13	3.46	$2,099
Jun 2009	0	588	66.16	3.90	$2,290
May 2009	0	623	54.74	3.93	$2,446
Apr 2009	0	616	46.77	3.59	$2,210
Mar 2009	0	549	42.14	4.06	$2,228
Feb 2009	0	453	32.81	4.63	$2,099
Jan 2009	0	531	35.86	5.37	$2,852
Dec 2008	0	534	37.10	5.98	$3,192
Nov 2008	0	553	55.49	6.86	$3,794
Oct 2008	0	567	75.24	6.92	$3,925
Sep 2008	0	1,061	101.76	7.88	$8,358
Aug 2008	0	537	114.22	8.48	$4,555
Jul 2008	0	478	131.08	11.39	$5,444
Jun 2008	0	1,277	131.33	13.03	$16,643
May 2008	0	523	123.17	11.57	$6,053
Apr 2008	0	524	110.31	10.45	$5,478
Mar 2008	0	543	101.90	9.66	$5,248
Feb 2008	0	556	92.53	8.77	$4,876
Jan 2008	0	868	90.38	8.21	$7,123
Dec 2007	0	908	88.33	7.30	$6,630
Nov 2007	0	1,009	91.67	7.29	$7,357
Oct 2007	0	881	82.85	6.92	$6,098
Sep 2007	0	83	75.84	6.24	$518
Aug 2007	0	78	69.06	6.39	$498
Jul 2007	0	103	70.90	6.39	$658
Jun 2007	0	87	62.00	7.55	$657
May 2007	0	106	58.74	7.85	$832
Apr 2007	0	149	59.61	7.81	$1,163
Mar 2007	0	0	56.92	7.30	$0
Feb 2007	0	0	55.10	8.22	$0
Jan 2007	0	80	50.30	6.73	$538
Dec 2006	0	0	56.65	6.92	$0
Nov 2006	0	344	54.20	7.62	$2,620
Oct 2006	0	488	54.90	6.01	$2,935
Sep 2006	0	520	60.08	5.04	$2,619
Aug 2006	0	473	68.71	7.34	$3,472
Jul 2006	0	643	69.37	6.34	$4,078
Jun 2006	0	648	66.28	6.38	$4,137
May 2006	0	723	66.01	6.42	$4,645
Apr 2006	0	691	64.39	7.36	$5,086
Mar 2006	0	679	56.70	7.08	$4,809
Feb 2006	0	618	57.59	7.75	$4,790
Jan 2006	0	651	60.59	8.93	$5,816
Dec 2005	0	666	54.94	13.42	$8,935
Nov 2005	0	713	54.69	10.59	$7,550
Oct 2005	0	591	58.34	13.80	$8,153
Sep 2005	174	506	61.45	12.08	$16,804
Aug 2005	0	566	61.51	9.80	$5,545
Jul 2005	0	518	55.69	7.84	$4,063
Jun 2005	0	492	52.33	7.38	$3,631
May 2005	0	526	45.22	6.65	$3,499
Apr 2005	0	590	49.20	7.36	$4,343
Mar 2005	0	948	50.37	7.15	$6,783
Feb 2005	0	97	45.22	6.31	$612
Jan 2005	0	110	43.16	6.32	$695
Dec 2004	0	63	39.86	6.75	$425
Nov 2004	0	349	45.28	6.33	$2,209
Oct 2004	0	471	49.70	6.52	$3,069
Sep 2004	0	459	43.24	5.28	$2,425
Aug 2004	0	478	42.37	5.55	$2,653
Jul 2004	0	475	38.28	6.08	$2,890
Jun 2004	0	129	36.10	6.43	$830
May 2004	0	466	37.48	6.49	$3,026
Apr 2004	0	544	34.47	5.86	$3,187
Mar 2004	0	924	34.36	5.53	$5,110
Feb 2004	0	1,046	32.45	5.51	$5,763
Jan 2004	0	736	32.03	6.30	$4,637
Dec 2003	0	1,711	30.26	6.30	$10,782
Nov 2003	0	1,210	28.80	4.60	$5,560
Oct 2003	0	592	28.17	4.76	$2,818
Sep 2003	0	192	26.31	4.75	$912
Aug 2003	0	0	29.76	5.13	$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 2019 — as filed, then multipliedworked

Condensate             6 bbl  × $ 46.03 =       $276
Gas                    0 Mcf  × $  3.23 =         $0

────────────────────────────────────────────────────
Month total                                     $276

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/197191 is the state's own key, not one this site invented.