LADD

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

Operated by DALLAS PRODUCTION, INC. (P-5 197690) in the MEEKER (CONGLOMERATE 4800) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 57214District 7BField 60255420CondensateGasSave Export

Value, all time

$400 k

Jan 1993 – Jul 2009

Value, last 12 filed months

$2 k

at the published price for each month

Months reported

199

no gaps in the span

Streams

condensate, gas

The MEEKER (CONGLOMERATE 4800) 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 51 leases and 51 wells, and the rule below applies to all of them.

Discovered

1973-09-26

as the register files it

Field class

Oil and gas

the register's own label

Between wells

1,320 ft

minimum

From a lease line

660 ft

minimum

A drilling unit in this field needs at least 160 acres.

The Commission's schedule remark for this field reads: “OPTIONAL 160 ACRE UNIT WITH MAX DIAG 4500'”

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	138 bbl	$3,459
Gas	Production	173,904 Mcf	$396,232
Total			$399,691

73,838 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 32.9184, -98.0783. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.91838, -98.07833 · 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

4,850 ft

1 wells filed one

Completion to plug

2.2 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 4,850 ft.

Completions filed

Jan 2007

1 of 1 wells

Plug dates filed

Mar 2009

1 of 1 wells

Last completion to plug: a median of 2.2 years across the 1 well that filed both dates, with the middle half between 2.2 years and 2.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-36330252	1	4,850 ft	Jan 2007	Mar 2009	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 (199)

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

199 months


Jul 2009	0	0	61.13	3.46	$0
Jun 2009	0	0	66.16	3.90	$0
May 2009	0	0	54.74	3.93	$0
Apr 2009	0	0	46.77	3.59	$0
Mar 2009	36	0	42.14	4.06	$1,517
Feb 2009	0	0	32.81	4.63	$0
Jan 2009	0	0	35.86	5.37	$0
Dec 2008	0	0	37.10	5.98	$0
Nov 2008	0	0	55.49	6.86	$0
Oct 2008	0	0	75.24	6.92	$0
Sep 2008	0	0	101.76	7.88	$0
Aug 2008	0	0	114.22	8.48	$0
Jul 2008	0	0	131.08	11.39	$0
Jun 2008	0	0	131.33	13.03	$0
May 2008	0	0	123.17	11.57	$0
Apr 2008	0	0	110.31	10.45	$0
Mar 2008	0	0	101.90	9.66	$0
Feb 2008	0	0	92.53	8.77	$0
Jan 2008	0	0	90.38	8.21	$0
Dec 2007	0	0	88.33	7.30	$0
Nov 2007	0	0	91.67	7.29	$0
Oct 2007	0	0	82.85	6.92	$0
Sep 2007	0	0	75.84	6.24	$0
Aug 2007	0	0	69.06	6.39	$0
Jul 2007	0	0	70.90	6.39	$0
Jun 2007	0	0	62.00	7.55	$0
May 2007	0	0	58.74	7.85	$0
Apr 2007	0	0	59.61	7.81	$0
Mar 2007	0	0	56.92	7.30	$0
Feb 2007	0	0	55.10	8.22	$0
Jan 2007	0	0	50.30	6.73	$0
Dec 2006	0	0	56.65	6.92	$0
Nov 2006	0	0	54.20	7.62	$0
Oct 2006	0	0	54.90	6.01	$0
Sep 2006	0	0	60.08	5.04	$0
Aug 2006	0	0	68.71	7.34	$0
Jul 2006	0	0	69.37	6.34	$0
Jun 2006	0	0	66.28	6.38	$0
May 2006	0	0	66.01	6.42	$0
Apr 2006	0	0	64.39	7.36	$0
Mar 2006	0	0	56.70	7.08	$0
Feb 2006	0	0	57.59	7.75	$0
Jan 2006	0	0	60.59	8.93	$0
Dec 2005	0	0	54.94	13.42	$0
Nov 2005	0	0	54.69	10.59	$0
Oct 2005	0	605	58.34	13.80	$8,346
Sep 2005	0	658	61.45	12.08	$7,948
Aug 2005	0	650	61.51	9.80	$6,368
Jul 2005	0	682	55.69	7.84	$5,349
Jun 2005	0	207	52.33	7.38	$1,528
May 2005	0	303	45.22	6.65	$2,015
Apr 2005	0	423	49.20	7.36	$3,113
Mar 2005	1	875	50.37	7.15	$6,311
Feb 2005	0	741	45.22	6.31	$4,677
Jan 2005	0	770	43.16	6.32	$4,868
Dec 2004	0	874	39.86	6.75	$5,900
Nov 2004	0	912	45.28	6.33	$5,773
Oct 2004	0	844	49.70	6.52	$5,499
Sep 2004	0	647	43.24	5.28	$3,419
Aug 2004	0	738	42.37	5.55	$4,096
Jul 2004	0	797	38.28	6.08	$4,849
Jun 2004	0	742	36.10	6.43	$4,773
May 2004	0	422	37.48	6.49	$2,741
Apr 2004	0	681	34.47	5.86	$3,990
Mar 2004	0	633	34.36	5.53	$3,501
Feb 2004	0	711	32.45	5.51	$3,917
Jan 2004	0	855	32.03	6.30	$5,386
Dec 2003	0	724	30.26	6.30	$4,562
Nov 2003	0	830	28.80	4.60	$3,814
Oct 2003	0	960	28.17	4.76	$4,569
Sep 2003	0	605	26.31	4.75	$2,873
Aug 2003	7	620	29.76	5.13	$3,389
Jul 2003	0	776	29.41	5.17	$4,013
Jun 2003	0	808	28.56	5.98	$4,834
May 2003	0	767	26.59	5.97	$4,581
Apr 2003	0	726	26.67	5.41	$3,926
Mar 2003	0	1,068	31.14	6.10	$6,511
Feb 2003	0	792	33.48	7.93	$6,277
Jan 2003	0	1,037	30.31	5.58	$5,789
Dec 2002	5	837	26.91	4.85	$4,197
Nov 2002	0	822	24.66	4.14	$3,401
Oct 2002	0	878	26.46	4.23	$3,713
Sep 2002	0	781	27.44	3.64	$2,839
Aug 2002	0	743	25.96	3.16	$2,351
Jul 2002	0	987	24.58	3.06	$3,022
Jun 2002	0	965	23.73	3.34	$3,221
May 2002	0	956	24.66	3.58	$3,426
Apr 2002	0	828	23.65	3.51	$2,908
Mar 2002	0	924	22.00	3.10	$2,867
Feb 2002	0	1,142	18.22	2.38	$2,713
Jan 2002	0	206	17.17	2.38	$489
Dec 2001	0	0	16.93	2.36	$0
Nov 2001	0	576	18.07	2.41	$1,386
Oct 2001	0	882	19.78	2.53	$2,230
Sep 2001	0	870	24.26	2.25	$1,959
Aug 2001	0	1,059	24.87	3.05	$3,233
Jul 2001	0	1,014	23.93	3.20	$3,242
Jun 2001	0	917	24.56	3.82	$3,507
May 2001	0	1,114	25.52	4.31	$4,798
Apr 2001	0	1,111	24.68	5.34	$5,928
Mar 2001	0	1,090	24.54	5.38	$5,860
Feb 2001	2	935	27.75	5.77	$5,448
Jan 2001	0	916	27.47	8.40	$7,693
Dec 2000	1	1,096	26.88	9.12	$10,025
Nov 2000	0	1,088	32.21	5.66	$6,156
Oct 2000	0	979	31.23	5.15	$5,037
Sep 2000	0	1,095	31.87	5.19	$5,679
Aug 2000	0	1,209	29.64	4.54	$5,490
Jul 2000	0	1,248	28.53	4.09	$5,104
Jun 2000	0	955	29.30	4.40	$4,199
May 2000	0	1,125	27.26	3.68	$4,140
Apr 2000	0	1,111	24.51	3.12	$3,462
Mar 2000	0	1,101	28.42	2.86	$3,149
Feb 2000	0	993	27.62	2.73	$2,707
Jan 2000	0	1,168	25.27	2.48	$2,897
Dec 1999	5	1,200	24.28	2.42	$3,030
Nov 1999	0	1,125	23.19	2.43	$2,738
Oct 1999	0	1,270	20.98	2.80	$3,561
Sep 1999	0	1,192	21.75	2.62	$3,122
Aug 1999	0	1,321	19.26	2.88	$3,799
Jul 1999	0	1,047	17.89	2.37	$2,484
Jun 1999	0	1,240	15.94	2.36	$2,929
May 1999	1	1,370	15.79	2.32	$3,196
Apr 1999	0	1,358	15.10	2.21	$2,999
Mar 1999	1	1,422	12.47	1.84	$2,627
Feb 1999	0	817	9.98	1.82	$1,485
Jan 1999	0	1,041	10.38	1.90	$1,978
Dec 1998	0	838	9.20	1.77	$1,486
Nov 1998	0	1,150	10.89	2.19	$2,514
Oct 1998	0	1,178	12.42	1.97	$2,320
Sep 1998	0	1,055	12.59	2.08	$2,197
Aug 1998	0	1,221	11.30	1.91	$2,329
Jul 1998	0	1,196	11.74	2.24	$2,676
Jun 1998	0	1,011	11.24	2.24	$2,262
May 1998	0	1,044	12.62	2.21	$2,303
Apr 1998	0	1,141	13.04	2.51	$2,859
Mar 1998	0	1,236	12.80	2.31	$2,854
Feb 1998	0	1,019	13.95	2.30	$2,343
Jan 1998	0	1,173	14.70	2.15	$2,528
Dec 1997	0	1,256	16.32	2.41	$3,028
Nov 1997	0	1,196	18.19	3.09	$3,694
Oct 1997	0	1,249	19.25	3.15	$3,934
Sep 1997	0	801	17.74	2.95	$2,367
Aug 1997	0	1,135	17.86	2.55	$2,900
Jul 1997	0	1,204	17.58	2.25	$2,705
Jun 1997	0	1,181	17.24	2.26	$2,666
May 1997	0	1,278	18.97	2.31	$2,950
Apr 1997	0	1,203	17.88	2.08	$2,506
Mar 1997	0	1,300	18.95	1.94	$2,521
Feb 1997	0	1,115	20.49	2.21	$2,460
Jan 1997	0	1,279	23.48	3.54	$4,527
Dec 1996	0	1,287	23.32	—	$0
Nov 1996	0	1,328	21.97	—	$0
Oct 1996	3	1,600	23.31	—	$70
Sep 1996	0	962	22.22	—	$0
Aug 1996	0	1,062	20.26	—	$0
Jul 1996	0	1,207	19.55	—	$0
Jun 1996	0	1,415	18.73	—	$0
May 1996	0	1,581	19.43	—	$0
Apr 1996	0	1,378	21.51	—	$0
Mar 1996	0	1,698	19.38	—	$0
Feb 1996	3	1,399	16.98	—	$51
Jan 1996	0	1,562	17.07	—	$0
Dec 1995	0	1,459	17.19	—	$0
Nov 1995	3	1,457	16.00	—	$48
Oct 1995	0	1,642	15.43	—	$0
Sep 1995	0	2,002	16.18	—	$0
Aug 1995	5	1,136	15.92	—	$80
Jul 1995	0	1,625	15.24	—	$0
Jun 1995	2	1,718	16.41	—	$33
May 1995	0	1,558	17.56	—	$0
Apr 1995	0	1,371	17.73	—	$0
Mar 1995	0	1,798	16.44	—	$0
Feb 1995	0	1,582	16.58	—	$0
Jan 1995	0	1,671	15.92	—	$0
Dec 1994	0	1,769	15.03	—	$0
Nov 1994	0	1,574	15.90	—	$0
Oct 1994	0	1,473	15.58	—	$0
Sep 1994	0	1,432	15.29	—	$0
Aug 1994	0	1,791	16.13	—	$0
Jul 1994	44	1,291	17.56	—	$773
Jun 1994	0	1,509	17.09	—	$0
May 1994	0	1,528	15.88	—	$0
Apr 1994	2	1,469	14.14	—	$28
Mar 1994	2	1,564	12.46	—	$25
Feb 1994	0	1,477	12.50	—	$0
Jan 1994	0	1,554	12.66	—	$0
Dec 1993	8	1,600	12.33	—	$99
Nov 1993	0	1,533	14.49	—	$0
Oct 1993	4	1,632	15.85	—	$63
Sep 1993	0	1,621	15.03	—	$0
Aug 1993	0	1,611	15.66	—	$0
Jul 1993	2	1,667	15.46	—	$31
Jun 1993	1	1,612	16.79	—	$17
May 1993	0	1,716	17.68	—	$0
Apr 1993	0	1,750	18.05	—	$0
Mar 1993	0	1,757	18.14	—	$0
Feb 1993	0	1,629	17.90	—	$0
Jan 1993	0	1,781	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.

Mar 2009 — as filed, then multipliedworked

Condensate            36 bbl  × $ 42.14 =     $1,517
Gas                    0 Mcf  × $  4.06 =         $0

────────────────────────────────────────────────────
Month total                                   $1,517

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/57214 is the state's own key, not one this site invented.