MITCHAM ESTATE "H"

Operated by L.C.S. PRODUCTION COMPANY (P-5 479574) in the D.R.S.(CONGL.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 18195District 7BField 22680300NGPA filingOilCasinghead gasSaveExport
Value, all time
$83 k
Jan 1993 – Jul 2004
Value, last 12 filed months
$0
at the published price for each month
Months reported
139
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 3 leases and 11 wells, and the rule below applies to all of them.

Discovered
1980-08-15
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA5none

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.

StreamBasisVolumeValue
OilDisposition4,226 bbl$81,961
Casinghead gasProduction7,431 Mcf$978
Total$82,939

7,046 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 (5)

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 32.4418, -99.0522. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.6 miles.

32.44119, -99.05137 · 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%
5 of 5 wells
With a plug date
100.0%
5 of 5 wells
Median depth
4,060 ft
5 wells filed one
Completion to plug
8.8 years
median over 5 wells

What the state filed about each well

On the RRC proration schedule
5100.0%
A plug date is filed
5100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
5100.0%
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

Between 3,966 and 4,313 ft, median 4,060 ft, over the 5 wells that filed a depth.

Completions filed
Jan 1982 – Jun 1995
5 of 5 wells
Plug dates filed
Feb 1988 – Apr 2004
5 of 5 wells

Last completion to plug: a median of 8.8 years across the 5 wells that filed both dates, with the middle half between 5.6 years and 20.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

5 wells

42-1333506193,966 ftJun 1995Apr 2004Yes
42-13335121114,015 ftOct 1983Mar 2004Yes
42-1333438734,060 ftNov 1982Feb 1988Yes
42-1333412924,313 ftNov 1982Jun 1988Yes
42-1333354414,210 ftJan 1982Mar 2004Yes

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 (139)

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

139 months

Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 200294017.172.38$1,614
Dec 2001176016.932.36$2,980
Nov 20010018.072.41$0
Oct 200119119319.782.53$4,266
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 200191024.563.82$2,235
May 20010025.524.31$0
Apr 200121024.685.34$518
Mar 200168024.545.38$1,669
Feb 20010027.755.77$0
Jan 200153027.478.40$1,456
Dec 200047026.889.12$1,263
Nov 200096032.215.66$3,092
Oct 2000120031.235.15$3,748
Sep 20000031.875.19$0
Aug 200090029.644.54$2,668
Jul 20000028.534.09$0
Jun 200090029.304.40$2,637
May 200050027.263.68$1,363
Apr 200080024.513.12$1,961
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 200061025.272.48$1,541
Dec 199958024.282.42$1,408
Nov 1999120023.192.43$2,783
Oct 19990020.982.80$0
Sep 199990021.752.62$1,958
Aug 19990019.262.88$0
Jul 1999169017.892.37$3,023
Jun 199971015.942.36$1,132
May 19990015.792.32$0
Apr 1999100015.102.21$1,510
Mar 19990012.471.84$0
Feb 199916909.981.82$1,687
Jan 19990110.381.90$2
Dec 199815119.201.77$1,391
Nov 19980010.892.19$0
Oct 1998123112.421.97$1,530
Sep 19980712.592.08$15
Aug 19980011.301.91$0
Jul 199802111.742.24$47
Jun 19980011.242.24$0
May 1998581612.622.21$767
Apr 19980813.042.51$20
Mar 199871012.802.31$909
Feb 19980013.952.30$0
Jan 1998124014.702.15$1,823
Dec 199741516.322.41$681
Nov 19970518.193.09$15
Oct 199778419.253.15$1,514
Sep 199785017.742.95$1,508
Aug 199772017.862.55$1,286
Jul 19970017.582.25$0
Jun 199735217.242.26$608
May 1997573118.972.31$1,153
Apr 199757217.882.08$1,023
Mar 19970318.951.94$6
Feb 1997534520.492.21$1,185
Jan 1997404023.483.54$1,081
Dec 1996635623.32$1,469
Nov 199605521.97$0
Oct 1996997023.31$2,308
Sep 1996793122.22$1,755
Aug 199602420.26$0
Jul 1996235619.55$450
Jun 1996304618.73$562
May 1996277419.43$525
Apr 19961084921.51$2,323
Mar 199607519.38$0
Feb 199602616.98$0
Jan 199602917.07$0
Dec 199502517.19$0
Nov 199504416.00$0
Oct 199505115.43$0
Sep 199508416.18$0
Aug 199508715.92$0
Jul 1995602815.24$914
Jun 1995603516.41$985
May 1995011117.56$0
Apr 1995010517.73$0
Mar 1995011116.44$0
Feb 199507316.58$0
Jan 1995751715.92$1,194
Dec 199408915.03$0
Nov 199409815.90$0
Oct 1994010715.58$0
Sep 19944210615.29$642
Aug 1994012416.13$0
Jul 199407117.56$0
Jun 199409817.09$0
May 199408115.88$0
Apr 1994022214.14$0
Mar 19942123512.46$262
Feb 1994022912.50$0
Jan 1994026312.66$0
Dec 19932823212.33$345
Nov 1993020414.49$0
Oct 1993026415.85$0
Sep 19938529115.03$1,278
Aug 1993029615.66$0
Jul 1993031015.46$0
Jun 1993037016.79$0
May 19938033717.68$1,414
Apr 19936137518.05$1,101
Mar 19931741918.14$308
Feb 19933335817.90$591
Jan 19938550516.93$1,439

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 2002 — as filed, then multipliedworked
Oil                   94 bbl  × $ 17.17 =     $1,614
Casinghead gas         0 Mcf  × $  2.38 =         $0

────────────────────────────────────────────────────
Month total                                   $1,614

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/18195 is the state's own key, not one this site invented.