YOUNG, L.C.

Operated by STEWART, JAMES G. (P-5 819900) in the L.C. YOUNG (CADDO) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 16664District 7BField 50482400OilCasinghead gasSaveExport
Value, all time
$321 k
Jan 1993 – Sep 2013
Value, last 12 filed months
$190
at the published price for each month
Months reported
249
no gaps in the span
Streams
2
oil, casinghead gas

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 2 leases and 2 wells, and the rule below applies to all of them.

Discovered
1980-12-05
as the register files it
Field class
Oil
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The Commission's schedule remark for this field reads: FIELD RULES RESCINDED EFF. 9/1/82

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.

StreamBasisVolumeValue
OilDisposition9,221 bbl$315,239
Casinghead gasProduction1,575 Mcf$6,177
Total$321,416

336 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 33.1254, -98.9920. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.12538, -98.99196 · centre of the wells drawn, derived

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
4,715 ft
1 wells filed one
Completion to plug
32.4 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 4,715 ft.

Completions filed
Dec 1980
1 of 1 wells
Plug dates filed
May 2013
1 of 1 wells

Last completion to plug: a median of 32.4 years across the 1 well that filed both dates, with the middle half between 32.4 years and 32.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4473157714,715 ftDec 1980May 2013Yes

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 (249)

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

249 months

Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20132094.834.15$190
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 201223592.662.91$2,146
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 20121707101.102.57$17,205
Jan 20120798.092.73$19
Dec 20110796.873.24$23
Nov 20110795.723.31$23
Oct 20110084.983.65$0
Sep 20110783.623.99$28
Aug 20110783.404.15$29
Jul 20110794.144.52$32
Jun 20110792.904.64$32
May 2011172798.134.40$16,909
Apr 201107105.964.33$30
Mar 20110796.364.06$28
Feb 20110785.644.18$29
Jan 20110786.504.59$32
Dec 20100785.734.35$30
Nov 20100780.843.80$27
Oct 2010165778.103.51$12,911
Sep 20100772.633.98$28
Aug 20100773.684.42$31
Jul 20100772.554.74$33
Jun 20100770.364.91$34
May 20101771.124.24$101
Apr 20100781.694.12$29
Mar 2010147778.394.39$11,554
Feb 20100773.585.44$38
Jan 20100774.365.96$42
Dec 20090771.445.48$38
Nov 20090774.593.75$26
Oct 20090772.544.11$29
Sep 2009163765.543.06$10,704
Aug 20090667.423.22$19
Jul 20090661.133.46$21
Jun 20090666.163.90$23
May 20090654.743.93$24
Apr 20090646.773.59$22
Mar 2009168642.144.06$7,104
Feb 20090632.814.63$28
Jan 20090235.865.37$11
Dec 20080637.105.98$36
Nov 20080655.496.86$41
Oct 20080775.246.92$48
Sep 20081607101.767.88$16,337
Aug 200807114.228.48$59
Jul 200807131.0811.39$80
Jun 200807131.3313.03$91
May 200807123.1711.57$81
Apr 200807110.3110.45$73
Mar 20081977101.909.66$20,142
Feb 20080792.538.77$61
Jan 20080790.388.21$57
Dec 20070788.337.30$51
Nov 20070791.677.29$51
Oct 20070782.856.92$48
Sep 20070575.846.24$31
Aug 2007186769.066.39$12,890
Jul 20070770.906.39$45
Jun 20070762.007.55$53
May 20070758.747.85$55
Apr 20070759.617.81$55
Mar 20070056.927.30$0
Feb 20070755.108.22$58
Jan 20070750.306.73$47
Dec 2006184756.656.92$10,472
Nov 20060754.207.62$53
Oct 20060754.906.01$42
Sep 20060760.085.04$35
Aug 20060768.717.34$51
Jul 20060769.376.34$44
Jun 2006179766.286.38$11,909
May 20060766.016.42$45
Apr 20061764.397.36$116
Mar 20060756.707.08$50
Feb 20061757.597.75$112
Jan 20060760.598.93$63
Dec 2005165754.9413.42$9,159
Nov 20050754.6910.59$74
Oct 20050758.3413.80$97
Sep 20050761.4512.08$85
Aug 2005157761.519.80$9,726
Jul 20050755.697.84$55
Jun 20052752.337.38$156
May 20050745.226.65$47
Apr 2005161749.207.36$7,973
Mar 20050450.377.15$29
Feb 20050745.226.31$44
Jan 20050743.166.32$44
Dec 20040739.866.75$47
Nov 2004136745.286.33$6,202
Oct 20041749.706.52$95
Sep 20041743.245.28$80
Aug 20040742.375.55$39
Jul 2004156738.286.08$6,014
Jun 20040736.106.43$45
May 20040737.486.49$45
Apr 20040734.475.86$41
Mar 20040734.365.53$39
Feb 20040732.455.51$39
Jan 2004163032.036.30$5,221
Dec 20030730.266.30$44
Nov 20030728.804.60$32
Oct 20030728.174.76$33
Sep 20030726.314.75$33
Aug 20030729.765.13$36
Jul 2003126729.415.17$3,742
Jun 20030728.565.98$42
May 20030726.595.97$42
Apr 20030726.675.41$38
Mar 2003135731.146.10$4,247
Feb 20030733.487.93$55
Jan 20030730.315.58$39
Dec 20020726.914.85$34
Nov 2002155724.664.14$3,851
Oct 20020726.464.23$30
Sep 20020727.443.64$25
Aug 20020725.963.16$22
Jul 20020724.583.06$21
Jun 2002144723.733.34$3,440
May 20020724.663.58$25
Apr 20020723.653.51$25
Mar 20020722.003.10$22
Feb 2002150718.222.38$2,750
Jan 20020717.172.38$17
Dec 20010716.932.36$17
Nov 20010718.072.41$17
Oct 2001164719.782.53$3,262
Sep 20010724.262.25$16
Aug 20010724.873.05$21
Jul 20010723.933.20$22
Jun 2001179724.563.82$4,423
May 20010725.524.31$30
Apr 20010724.685.34$37
Mar 2001138724.545.38$3,424
Feb 20010727.755.77$40
Jan 20010727.478.40$59
Dec 2000183726.889.12$4,983
Nov 20000732.215.66$40
Oct 20000731.235.15$36
Sep 20000731.875.19$36
Aug 20000729.644.54$32
Jul 20000728.534.09$29
Jun 2000144729.304.40$4,250
May 20000727.263.68$26
Apr 20000724.513.12$22
Mar 2000143728.422.86$4,084
Feb 20000727.622.73$19
Jan 20000725.272.48$17
Dec 1999142724.282.42$3,465
Nov 19990723.192.43$17
Oct 19990720.982.80$20
Sep 1999137721.752.62$2,998
Aug 19990719.262.88$20
Jul 19990717.892.37$17
Jun 1999150715.942.36$2,408
May 19990715.792.32$16
Apr 19990715.102.21$15
Mar 1999173712.471.84$2,170
Feb 1999079.981.82$13
Jan 19990710.381.90$13
Dec 199817979.201.77$1,659
Nov 19980710.892.19$15
Oct 19980712.421.97$14
Sep 19980712.592.08$15
Aug 19980711.301.91$13
Jul 19980711.742.24$16
Jun 19980711.242.24$16
May 1998172712.622.21$2,186
Apr 19980713.042.51$18
Mar 19980712.802.31$16
Feb 1998158713.952.30$2,220
Jan 19980714.702.15$15
Dec 19970716.322.41$17
Nov 1997131718.193.09$2,405
Oct 19970719.253.15$22
Sep 1997183717.742.95$3,267
Aug 19970717.862.55$18
Jul 19970717.582.25$16
Jun 1997184717.242.26$3,188
May 19970718.972.31$16
Apr 19970717.882.08$15
Mar 1997143718.951.94$2,723
Feb 19970720.492.21$15
Jan 19971723.483.54$48
Dec 1996158723.32$3,685
Nov 19960721.97$0
Oct 19960723.31$0
Sep 1996115722.22$2,555
Aug 19960720.26$0
Jul 1996147719.55$2,874
Jun 19960718.73$0
May 19960719.43$0
Apr 1996149721.51$3,205
Mar 19960719.38$0
Feb 19960716.98$0
Jan 1996105717.07$1,792
Dec 19950717.19$0
Nov 1995162716.00$2,592
Oct 19950715.43$0
Sep 19950716.18$0
Aug 1995155715.92$2,468
Jul 19950715.24$0
Jun 19950716.41$0
May 1995172717.56$3,020
Apr 19950717.73$0
Mar 19950716.44$0
Feb 1995147716.58$2,437
Jan 19950715.92$0
Dec 1994158715.03$2,375
Nov 19940715.90$0
Oct 19940715.58$0
Sep 1994151715.29$2,309
Aug 19940716.13$0
Jul 1994174717.56$3,055
Jun 19940717.09$0
May 19940715.88$0
Apr 1994135714.14$1,909
Mar 19940712.46$0
Feb 1994134712.50$1,675
Jan 19940712.66$0
Dec 1993115712.33$1,418
Nov 19930714.49$0
Oct 1993130715.85$2,061
Sep 19930715.03$0
Aug 1993149715.66$2,333
Jul 1993162715.46$2,505
Jun 19930716.79$0
May 19930717.68$0
Apr 1993170718.05$3,069
Mar 19930718.14$0
Feb 1993158717.90$2,828
Jan 19930716.93$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.

May 2013 — as filed, then multipliedworked
Oil                    2 bbl  × $ 94.83 =       $190
Casinghead gas         0 Mcf  × $  4.15 =         $0

────────────────────────────────────────────────────
Month total                                     $190

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/O/16664 is the state's own key, not one this site invented.