LINK SE-53

Name: LINK SE-53 lease production and value, Jul 2004 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by DELTA OIL & GAS LTD. (P-5 213703) in the STEPHENS COUNTY REGULAR (GAS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 202407District 7BField 85948100GasSave Export

Value, all time

$748 k

Jul 2004 – Jun 2016

Value, last 12 filed months

$4 k

at the published price for each month

Months reported

144

no gaps in the span

Streams

gas

The STEPHENS COUNTY REGULAR (GAS) 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 635 leases and 635 wells, and the rule below applies to all of them.

Discovered

1943-12-02

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: “FIELD CHANGED FROM EXEMPT TO PRORATED EFFECTIVE 07/01/22.”

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	109,325 Mcf	$748,207
Total			$748,207

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 32.6757, -98.6128. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.67567, -98.61277 · 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

2,990 ft

1 wells filed one

Completion to plug

11.6 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 2,990 ft.

Completions filed

Jul 2004

1 of 1 wells

Plug dates filed

Feb 2016

1 of 1 wells

Last completion to plug: a median of 11.6 years across the 1 well that filed both dates, with the middle half between 11.6 years and 11.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-42936059	3	2,990 ft	Jul 2004	Feb 2016	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 (144)

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

144 months


Jun 2016	0	45.35	2.69	$0
May 2016	0	42.52	1.99	$0
Apr 2016	0	36.56	1.99	$0
Mar 2016	0	33.01	1.79	$0
Feb 2016	0	26.47	2.06	$0
Jan 2016	0	27.35	2.36	$0
Dec 2015	10	32.36	2.00	$20
Nov 2015	33	38.79	2.17	$72
Oct 2015	314	43.55	2.43	$762
Sep 2015	321	42.99	2.76	$885
Aug 2015	342	40.16	2.87	$982
Jul 2015	361	48.15	2.95	$1,063
Jun 2015	550	56.15	2.88	$1,586
May 2015	344	55.21	2.96	$1,017
Apr 2015	564	49.82	2.71	$1,527
Mar 2015	346	42.89	2.93	$1,015
Feb 2015	316	44.66	2.98	$940
Jan 2015	397	43.43	3.10	$1,231
Dec 2014	374	54.69	3.59	$1,343
Nov 2014	357	70.46	4.25	$1,518
Oct 2014	373	78.30	3.90	$1,455
Sep 2014	227	86.16	4.05	$918
Aug 2014	506	89.39	4.04	$2,042
Jul 2014	510	96.56	4.18	$2,132
Jun 2014	455	98.16	4.74	$2,155
May 2014	464	94.73	4.73	$2,193
Apr 2014	487	95.94	4.81	$2,342
Mar 2014	492	95.89	5.06	$2,488
Feb 2014	459	97.40	6.19	$2,842
Jan 2014	547	90.40	4.86	$2,659
Dec 2013	527	91.82	4.35	$2,295
Nov 2013	464	88.85	3.74	$1,735
Oct 2013	620	97.42	3.78	$2,343
Sep 2013	529	104.11	3.72	$1,967
Aug 2013	32	104.25	3.52	$113
Jul 2013	34	102.52	3.72	$126
Jun 2013	30	94.40	3.93	$118
May 2013	28	94.83	4.15	$116
Apr 2013	27	93.96	4.28	$116
Mar 2013	28	93.62	3.91	$110
Feb 2013	30	91.23	3.42	$103
Jan 2013	34	91.60	3.42	$116
Dec 2012	34	86.77	3.42	$116
Nov 2012	34	86.95	3.62	$123
Oct 2012	32	89.38	3.40	$109
Sep 2012	32	94.67	2.92	$93
Aug 2012	34	92.66	2.91	$99
Jul 2012	34	85.13	3.02	$103
Jun 2012	34	79.82	2.52	$86
May 2012	34	91.61	2.49	$85
Apr 2012	33	101.65	2.00	$66
Mar 2012	34	105.05	2.22	$76
Feb 2012	32	101.10	2.57	$82
Jan 2012	26	98.09	2.73	$71
Dec 2011	27	96.87	3.24	$87
Nov 2011	27	95.72	3.31	$89
Oct 2011	264	84.98	3.65	$963
Sep 2011	16	83.62	3.99	$64
Aug 2011	268	83.40	4.15	$1,112
Jul 2011	13	94.14	4.52	$59
Jun 2011	262	92.90	4.64	$1,216
May 2011	13	98.13	4.40	$57
Apr 2011	273	105.96	4.33	$1,183
Mar 2011	13	96.36	4.06	$53
Feb 2011	247	85.64	4.18	$1,032
Jan 2011	195	86.50	4.59	$895
Dec 2010	247	85.73	4.35	$1,074
Nov 2010	216	80.84	3.80	$820
Oct 2010	239	78.10	3.51	$839
Sep 2010	215	72.63	3.98	$856
Aug 2010	238	73.68	4.42	$1,052
Jul 2010	215	72.55	4.74	$1,018
Jun 2010	245	70.36	4.91	$1,203
May 2010	209	71.12	4.24	$885
Apr 2010	247	81.69	4.12	$1,018
Mar 2010	213	78.39	4.39	$935
Feb 2010	218	73.58	5.44	$1,186
Jan 2010	223	74.36	5.96	$1,330
Dec 2009	226	71.44	5.48	$1,239
Nov 2009	247	74.59	3.75	$927
Oct 2009	359	72.54	4.11	$1,476
Sep 2009	247	65.54	3.06	$757
Aug 2009	385	67.42	3.22	$1,239
Jul 2009	246	61.13	3.46	$852
Jun 2009	401	66.16	3.90	$1,562
May 2009	238	54.74	3.93	$934
Apr 2009	398	46.77	3.59	$1,428
Mar 2009	252	42.14	4.06	$1,023
Feb 2009	351	32.81	4.63	$1,626
Jan 2009	448	35.86	5.37	$2,406
Dec 2008	557	37.10	5.98	$3,329
Nov 2008	712	55.49	6.86	$4,885
Oct 2008	569	75.24	6.92	$3,939
Sep 2008	681	101.76	7.88	$5,364
Aug 2008	577	114.22	8.48	$4,895
Jul 2008	681	131.08	11.39	$7,756
Jun 2008	805	131.33	13.03	$10,491
May 2008	748	123.17	11.57	$8,658
Apr 2008	789	110.31	10.45	$8,249
Mar 2008	785	101.90	9.66	$7,586
Feb 2008	762	92.53	8.77	$6,683
Jan 2008	875	90.38	8.21	$7,180
Dec 2007	915	88.33	7.30	$6,681
Nov 2007	960	91.67	7.29	$7,000
Oct 2007	1,015	82.85	6.92	$7,026
Sep 2007	918	75.84	6.24	$5,732
Aug 2007	1,049	69.06	6.39	$6,701
Jul 2007	1,307	70.90	6.39	$8,349
Jun 2007	1,064	62.00	7.55	$8,032
May 2007	1,028	58.74	7.85	$8,066
Apr 2007	1,107	59.61	7.81	$8,640
Mar 2007	969	56.92	7.30	$7,076
Feb 2007	1,020	55.10	8.22	$8,380
Jan 2007	1,006	50.30	6.73	$6,767
Dec 2006	1,105	56.65	6.92	$7,645
Nov 2006	1,507	54.20	7.62	$11,480
Oct 2006	1,610	54.90	6.01	$9,682
Sep 2006	1,558	60.08	5.04	$7,848
Aug 2006	1,598	68.71	7.34	$11,729
Jul 2006	1,006	69.37	6.34	$6,381
Jun 2006	1,238	66.28	6.38	$7,903
May 2006	1,598	66.01	6.42	$10,267
Apr 2006	937	64.39	7.36	$6,897
Mar 2006	1,255	56.70	7.08	$8,889
Feb 2006	1,483	57.59	7.75	$11,495
Jan 2006	1,499	60.59	8.93	$13,391
Dec 2005	1,792	54.94	13.42	$24,040
Nov 2005	1,594	54.69	10.59	$16,878
Oct 2005	1,699	58.34	13.80	$23,439
Sep 2005	1,479	61.45	12.08	$17,865
Aug 2005	3,002	61.51	9.80	$29,410
Jul 2005	3,207	55.69	7.84	$25,155
Jun 2005	3,211	52.33	7.38	$23,701
May 2005	2,206	45.22	6.65	$14,672
Apr 2005	2,287	49.20	7.36	$16,833
Mar 2005	3,005	50.37	7.15	$21,500
Feb 2005	3,038	45.22	6.31	$19,176
Jan 2005	3,502	43.16	6.32	$22,140
Dec 2004	2,551	39.86	6.75	$17,222
Nov 2004	2,970	45.28	6.33	$18,801
Oct 2004	4,993	49.70	6.52	$32,530
Sep 2004	4,181	43.24	5.28	$22,092
Aug 2004	4,632	42.37	5.55	$25,711
Jul 2004	2,617	38.28	6.08	$15,922

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 2015 — as filed, then multipliedworked

Gas                   10 Mcf  × $  2.00 =        $20

────────────────────────────────────────────────────
Month total                                      $20

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/202407 is the state's own key, not one this site invented.