LAMB

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

Operated by THOMPSON, RICHARD W. INC. (P-5 856625) in the MARIANN (5050 SAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 20647District 7BField 57422500OilCasinghead gasSave Export

Value, all time

$361 k

Jan 1993 – Jun 2005

Value, last 12 filed months

$9 k

at the published price for each month

Months reported

150

no gaps in the span

Streams

oil, casinghead gas

The MARIANN (5050 SAND) 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 8 leases and 11 wells, and the rule below applies to all of them.

Discovered

1962-01-22

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

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
Oil	Disposition	18,315 bbl	$354,628
Casinghead gas	Production	7,838 Mcf	$6,494
Total			$361,121

5,824 Mcf of this lease's gas, across 44 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 (2)

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 33.1523, -100.0102. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

33.15225, -100.01023 · 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%

2 of 2 wells

With a plug date

100.0%

2 of 2 wells

Median depth

5,082 ft

2 wells filed one

Completion to plug

11.5 years

median over 2 wells

What the state filed about each well

On the RRC proration schedule

2100.0%

A plug date is filed

2100.0%

BothOn the schedule and plugged. Neither fact cancels the other.

2100.0%

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 5,053 and 5,110 ft, median 5,082 ft, over the 2 wells that filed a depth.

Completions filed

Oct 1983 – Mar 1985

2 of 2 wells

Plug dates filed

Aug 1986 – Apr 2005

2 of 2 wells

Last completion to plug: a median of 11.5 years across the 2 wells that filed both dates, with the middle half between 6.4 years and 16.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells


42-43331908	2	5,110 ft	Mar 1985	Aug 1986	Yes
42-43331689	1	5,053 ft	Oct 1983	Apr 2005	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 (150)

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

150 months


Jun 2005	0	0	52.33	7.38	$0
May 2005	0	0	45.22	6.65	$0
Apr 2005	50	0	49.20	7.36	$2,460
Mar 2005	0	0	50.37	7.15	$0
Feb 2005	0	0	45.22	6.31	$0
Jan 2005	0	0	43.16	6.32	$0
Dec 2004	0	0	39.86	6.75	$0
Nov 2004	0	0	45.28	6.33	$0
Oct 2004	0	0	49.70	6.52	$0
Sep 2004	0	0	43.24	5.28	$0
Aug 2004	0	0	42.37	5.55	$0
Jul 2004	168	5	38.28	6.08	$6,461
Jun 2004	0	5	36.10	6.43	$32
May 2004	0	5	37.48	6.49	$32
Apr 2004	183	5	34.47	5.86	$6,337
Mar 2004	0	0	34.36	5.53	$0
Feb 2004	0	10	32.45	5.51	$55
Jan 2004	0	10	32.03	6.30	$63
Dec 2003	172	10	30.26	6.30	$5,268
Nov 2003	0	10	28.80	4.60	$46
Oct 2003	0	10	28.17	4.76	$48
Sep 2003	173	0	26.31	4.75	$4,552
Aug 2003	0	10	29.76	5.13	$51
Jul 2003	0	10	29.41	5.17	$52
Jun 2003	172	8	28.56	5.98	$4,960
May 2003	0	8	26.59	5.97	$48
Apr 2003	177	7	26.67	5.41	$4,758
Mar 2003	0	8	31.14	6.10	$49
Feb 2003	0	7	33.48	7.93	$55
Jan 2003	170	10	30.31	5.58	$5,209
Dec 2002	0	10	26.91	4.85	$49
Nov 2002	183	10	24.66	4.14	$4,554
Oct 2002	1	5	26.46	4.23	$48
Sep 2002	0	10	27.44	3.64	$36
Aug 2002	175	5	25.96	3.16	$4,559
Jul 2002	0	5	24.58	3.06	$15
Jun 2002	169	5	23.73	3.34	$4,027
May 2002	0	5	24.66	3.58	$18
Apr 2002	178	5	23.65	3.51	$4,227
Mar 2002	0	10	22.00	3.10	$31
Feb 2002	177	15	18.22	2.38	$3,261
Jan 2002	0	10	17.17	2.38	$24
Dec 2001	173	15	16.93	2.36	$2,964
Nov 2001	0	10	18.07	2.41	$24
Oct 2001	179	5	19.78	2.53	$3,553
Sep 2001	0	5	24.26	2.25	$11
Aug 2001	179	5	24.87	3.05	$4,467
Jul 2001	0	0	23.93	3.20	$0
Jun 2001	175	0	24.56	3.82	$4,298
May 2001	0	0	25.52	4.31	$0
Apr 2001	173	0	24.68	5.34	$4,270
Mar 2001	183	0	24.54	5.38	$4,491
Feb 2001	0	0	27.75	5.77	$0
Jan 2001	186	0	27.47	8.40	$5,109
Dec 2000	179	50	26.88	9.12	$5,268
Nov 2000	0	89	32.21	5.66	$504
Oct 2000	179	0	31.23	5.15	$5,590
Sep 2000	180	0	31.87	5.19	$5,737
Aug 2000	0	60	29.64	4.54	$272
Jul 2000	178	62	28.53	4.09	$5,332
Jun 2000	178	86	29.30	4.40	$5,594
May 2000	166	15	27.26	3.68	$4,580
Apr 2000	0	5	24.51	3.12	$16
Mar 2000	0	20	28.42	2.86	$57
Feb 2000	174	87	27.62	2.73	$5,043
Jan 2000	177	50	25.27	2.48	$4,597
Dec 1999	183	70	24.28	2.42	$4,613
Nov 1999	183	0	23.19	2.43	$4,244
Oct 1999	0	0	20.98	2.80	$0
Sep 1999	172	143	21.75	2.62	$4,116
Aug 1999	172	0	19.26	2.88	$3,313
Jul 1999	172	14	17.89	2.37	$3,110
Jun 1999	0	0	15.94	2.36	$0
May 1999	173	0	15.79	2.32	$2,732
Apr 1999	173	0	15.10	2.21	$2,612
Mar 1999	180	106	12.47	1.84	$2,439
Feb 1999	0	0	9.98	1.82	$0
Jan 1999	174	0	10.38	1.90	$1,806
Dec 1998	179	99	9.20	1.77	$1,822
Nov 1998	173	53	10.89	2.19	$2,000
Oct 1998	0	0	12.42	1.97	$0
Sep 1998	172	0	12.59	2.08	$2,165
Aug 1998	176	54	11.30	1.91	$2,092
Jul 1998	174	104	11.74	2.24	$2,275
Jun 1998	177	0	11.24	2.24	$1,989
May 1998	173	0	12.62	2.21	$2,183
Apr 1998	173	10	13.04	2.51	$2,281
Mar 1998	175	0	12.80	2.31	$2,240
Feb 1998	0	0	13.95	2.30	$0
Jan 1998	187	15	14.70	2.15	$2,781
Dec 1997	187	0	16.32	2.41	$3,052
Nov 1997	179	92	18.19	3.09	$3,540
Oct 1997	194	0	19.25	3.15	$3,735
Sep 1997	0	64	17.74	2.95	$189
Aug 1997	189	0	17.86	2.55	$3,376
Jul 1997	193	0	17.58	2.25	$3,393
Jun 1997	196	46	17.24	2.26	$3,483
May 1997	191	108	18.97	2.31	$3,873
Apr 1997	191	140	17.88	2.08	$3,707
Mar 1997	195	0	18.95	1.94	$3,695
Feb 1997	0	0	20.49	2.21	$0
Jan 1997	197	99	23.48	3.54	$4,976
Dec 1996	186	134	23.32	—	$4,338
Nov 1996	197	90	21.97	—	$4,328
Oct 1996	192	122	23.31	—	$4,476
Sep 1996	0	125	22.22	—	$0
Aug 1996	186	84	20.26	—	$3,768
Jul 1996	187	155	19.55	—	$3,656
Jun 1996	193	96	18.73	—	$3,615
May 1996	193	90	19.43	—	$3,750
Apr 1996	198	133	21.51	—	$4,259
Mar 1996	201	133	19.38	—	$3,895
Feb 1996	0	108	16.98	—	$0
Jan 1996	198	66	17.07	—	$3,380
Dec 1995	199	87	17.19	—	$3,421
Nov 1995	191	102	16.00	—	$3,056
Oct 1995	191	144	15.43	—	$2,947
Sep 1995	178	118	16.18	—	$2,880
Aug 1995	189	0	15.92	—	$3,009
Jul 1995	0	156	15.24	—	$0
Jun 1995	191	0	16.41	—	$3,134
May 1995	195	0	17.56	—	$3,424
Apr 1995	181	0	17.73	—	$3,209
Mar 1995	187	87	16.44	—	$3,074
Feb 1995	196	112	16.58	—	$3,250
Jan 1995	197	124	15.92	—	$3,136
Dec 1994	181	151	15.03	—	$2,720
Nov 1994	0	102	15.90	—	$0
Oct 1994	193	94	15.58	—	$3,007
Sep 1994	187	94	15.29	—	$2,859
Aug 1994	188	144	16.13	—	$3,032
Jul 1994	177	133	17.56	—	$3,108
Jun 1994	193	128	17.09	—	$3,298
May 1994	181	174	15.88	—	$2,874
Apr 1994	192	150	14.14	—	$2,715
Mar 1994	177	134	12.46	—	$2,205
Feb 1994	188	100	12.50	—	$2,350
Jan 1994	184	131	12.66	—	$2,329
Dec 1993	184	173	12.33	—	$2,269
Nov 1993	169	124	14.49	—	$2,449
Oct 1993	355	196	15.85	—	$5,627
Sep 1993	0	161	15.03	—	$0
Aug 1993	180	86	15.66	—	$2,819
Jul 1993	186	224	15.46	—	$2,876
Jun 1993	188	234	16.79	—	$3,157
May 1993	183	198	17.68	—	$3,235
Apr 1993	188	149	18.05	—	$3,393
Mar 1993	187	142	18.14	—	$3,392
Feb 1993	182	170	17.90	—	$3,258
Jan 1993	186	166	16.93	—	$3,149

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.

Apr 2005 — as filed, then multipliedworked

Oil                   50 bbl  × $ 49.20 =     $2,460
Casinghead gas         0 Mcf  × $  7.36 =         $0

────────────────────────────────────────────────────
Month total                                   $2,460

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/20647 is the state's own key, not one this site invented.