LRM ENCHANCED RECOVERY UNIT

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

Operated by MCCLYMOND, LTD. (P-5 541455) in the IVADELL, WEST (MISS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 23763District 7BField 44836500OilCasinghead gasSave Export

Value, all time

$958 k

Jan 1993 – Aug 2009

Value, last 12 filed months

$12 k

at the published price for each month

Months reported

200

no gaps in the span

Streams

oil, casinghead gas

The IVADELL, WEST (MISS) 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 4 leases and 6 wells, and the rule below applies to all of them.

Discovered

1984-01-05

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

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	20,765 bbl	$444,579
Casinghead gas	Production	377,837 Mcf	$513,726
Total			$958,306

245,110 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 (3)

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 32.8708, -98.9945. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

32.87038, -98.99467 · 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%

3 of 3 wells

With a plug date

100.0%

3 of 3 wells

Median depth

4,670 ft

3 wells filed one

Completion to plug

24.8 years

median over 3 wells

What the state filed about each well

On the RRC proration schedule

3100.0%

A plug date is filed

3100.0%

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

3100.0%

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 4,670 and 4,678 ft, median 4,670 ft, over the 3 wells that filed a depth.

Completions filed

Jan 1984 – May 2003

3 of 3 wells

Plug dates filed

May 2009 – Jun 2009

3 of 3 wells

Last completion to plug: a median of 24.8 years across the 3 wells that filed both dates, with the middle half between 15.4 years and 25.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

3 wells


42-42934138	2	4,670 ft	May 2003	May 2009	Yes
42-42934156	M 2	4,678 ft	Aug 1984	May 2009	Yes
42-42933917	L 1	4,670 ft	Jan 1984	Jun 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 (200)

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

200 months


Aug 2009	0	0	67.42	3.22	$0
Jul 2009	0	0	61.13	3.46	$0
Jun 2009	127	11	66.16	3.90	$8,445
May 2009	0	97	54.74	3.93	$381
Apr 2009	0	112	46.77	3.59	$402
Mar 2009	0	103	42.14	4.06	$418
Feb 2009	0	96	32.81	4.63	$445
Jan 2009	0	79	35.86	5.37	$424
Dec 2008	0	0	37.10	5.98	$0
Nov 2008	0	113	55.49	6.86	$775
Oct 2008	0	63	75.24	6.92	$436
Sep 2008	0	66	101.76	7.88	$520
Aug 2008	0	60	114.22	8.48	$509
Jul 2008	0	148	131.08	11.39	$1,686
Jun 2008	150	173	131.33	13.03	$21,954
May 2008	0	158	123.17	11.57	$1,829
Apr 2008	0	192	110.31	10.45	$2,007
Mar 2008	0	150	101.90	9.66	$1,450
Feb 2008	0	152	92.53	8.77	$1,333
Jan 2008	0	146	90.38	8.21	$1,198
Dec 2007	0	206	88.33	7.30	$1,504
Nov 2007	0	192	91.67	7.29	$1,400
Oct 2007	0	143	82.85	6.92	$990
Sep 2007	0	193	75.84	6.24	$1,205
Aug 2007	0	219	69.06	6.39	$1,399
Jul 2007	0	236	70.90	6.39	$1,508
Jun 2007	0	173	62.00	7.55	$1,306
May 2007	198	305	58.74	7.85	$14,024
Apr 2007	0	363	59.61	7.81	$2,833
Mar 2007	0	397	56.92	7.30	$2,899
Feb 2007	0	520	55.10	8.22	$4,272
Jan 2007	0	181	50.30	6.73	$1,218
Dec 2006	0	408	56.65	6.92	$2,823
Nov 2006	0	431	54.20	7.62	$3,283
Oct 2006	0	587	54.90	6.01	$3,530
Sep 2006	0	342	60.08	5.04	$1,723
Aug 2006	0	554	68.71	7.34	$4,066
Jul 2006	0	467	69.37	6.34	$2,962
Jun 2006	0	412	66.28	6.38	$2,630
May 2006	314	445	66.01	6.42	$23,586
Apr 2006	0	432	64.39	7.36	$3,180
Mar 2006	0	470	56.70	7.08	$3,329
Feb 2006	0	596	57.59	7.75	$4,620
Jan 2006	144	622	60.59	8.93	$14,281
Dec 2005	192	443	54.94	13.42	$16,492
Nov 2005	0	488	54.69	10.59	$5,167
Oct 2005	0	697	58.34	13.80	$9,616
Sep 2005	0	253	61.45	12.08	$3,056
Aug 2005	0	491	61.51	9.80	$4,810
Jul 2005	0	546	55.69	7.84	$4,283
Jun 2005	172	698	52.33	7.38	$14,153
May 2005	190	274	45.22	6.65	$10,414
Apr 2005	0	451	49.20	7.36	$3,320
Mar 2005	0	762	50.37	7.15	$5,452
Feb 2005	0	284	45.22	6.31	$1,793
Jan 2005	0	536	43.16	6.32	$3,389
Dec 2004	0	609	39.86	6.75	$4,111
Nov 2004	0	598	45.28	6.33	$3,786
Oct 2004	188	771	49.70	6.52	$14,367
Sep 2004	0	642	43.24	5.28	$3,392
Aug 2004	0	450	42.37	5.55	$2,498
Jul 2004	0	431	38.28	6.08	$2,622
Jun 2004	0	661	36.10	6.43	$4,252
May 2004	0	643	37.48	6.49	$4,176
Apr 2004	0	656	34.47	5.86	$3,843
Mar 2004	0	720	34.36	5.53	$3,982
Feb 2004	0	645	32.45	5.51	$3,554
Jan 2004	0	711	32.03	6.30	$4,479
Dec 2003	201	750	30.26	6.30	$10,808
Nov 2003	0	794	28.80	4.60	$3,649
Oct 2003	0	801	28.17	4.76	$3,812
Sep 2003	0	1,066	26.31	4.75	$5,063
Aug 2003	0	1,228	29.76	5.13	$6,299
Jul 2003	0	1,585	29.41	5.17	$8,196
Jun 2003	0	829	28.56	5.98	$4,960
May 2003	166	1,144	26.59	5.97	$11,247
Apr 2003	0	741	26.67	5.41	$4,007
Mar 2003	0	872	31.14	6.10	$5,316
Feb 2003	0	163	33.48	7.93	$1,292
Jan 2003	0	511	30.31	5.58	$2,852
Dec 2002	298	858	26.91	4.85	$12,184
Nov 2002	0	1,366	24.66	4.14	$5,651
Oct 2002	187	1,426	26.46	4.23	$10,979
Sep 2002	361	1,423	27.44	3.64	$15,079
Aug 2002	0	1,499	25.96	3.16	$4,743
Jul 2002	0	1,383	24.58	3.06	$4,234
Jun 2002	168	1,571	23.73	3.34	$9,231
May 2002	0	1,703	24.66	3.58	$6,104
Apr 2002	110	1,387	23.65	3.51	$7,473
Mar 2002	172	1,271	22.00	3.10	$7,728
Feb 2002	175	1,463	18.22	2.38	$6,664
Jan 2002	344	1,391	17.17	2.38	$9,211
Dec 2001	0	1,134	16.93	2.36	$2,681
Nov 2001	0	773	18.07	2.41	$1,859
Oct 2001	352	1,072	19.78	2.53	$9,674
Sep 2001	0	1,049	24.26	2.25	$2,362
Aug 2001	0	1,208	24.87	3.05	$3,688
Jul 2001	377	2,044	23.93	3.20	$15,556
Jun 2001	0	1,213	24.56	3.82	$4,639
May 2001	0	774	25.52	4.31	$3,334
Apr 2001	0	382	24.68	5.34	$2,038
Mar 2001	0	372	24.54	5.38	$2,000
Feb 2001	0	357	27.75	5.77	$2,059
Jan 2001	0	572	27.47	8.40	$4,804
Dec 2000	0	587	26.88	9.12	$5,355
Nov 2000	0	538	32.21	5.66	$3,044
Oct 2000	0	605	31.23	5.15	$3,113
Sep 2000	0	503	31.87	5.19	$2,609
Aug 2000	0	344	29.64	4.54	$1,562
Jul 2000	0	405	28.53	4.09	$1,656
Jun 2000	0	747	29.30	4.40	$3,285
May 2000	0	898	27.26	3.68	$3,304
Apr 2000	0	1,308	24.51	3.12	$4,076
Mar 2000	0	782	28.42	2.86	$2,236
Feb 2000	0	706	27.62	2.73	$1,925
Jan 2000	158	1,210	25.27	2.48	$6,994
Dec 1999	0	1,396	24.28	2.42	$3,384
Nov 1999	0	1,380	23.19	2.43	$3,359
Oct 1999	173	1,479	20.98	2.80	$7,776
Sep 1999	0	1,567	21.75	2.62	$4,104
Aug 1999	0	1,305	19.26	2.88	$3,753
Jul 1999	0	1,608	17.89	2.37	$3,815
Jun 1999	172	1,633	15.94	2.36	$6,599
May 1999	0	1,877	15.79	2.32	$4,357
Apr 1999	296	1,437	15.10	2.21	$7,643
Mar 1999	3	1,326	12.47	1.84	$2,475
Feb 1999	0	1,293	9.98	1.82	$2,350
Jan 1999	193	1,704	10.38	1.90	$5,241
Dec 1998	0	1,880	9.20	1.77	$3,334
Nov 1998	0	3,046	10.89	2.19	$6,658
Oct 1998	176	2,238	12.42	1.97	$6,593
Sep 1998	161	1,053	12.59	2.08	$4,220
Aug 1998	0	531	11.30	1.91	$1,013
Jul 1998	0	765	11.74	2.24	$1,712
Jun 1998	0	828	11.24	2.24	$1,852
May 1998	0	1,368	12.62	2.21	$3,018
Apr 1998	0	1,341	13.04	2.51	$3,360
Mar 1998	346	1,443	12.80	2.31	$7,761
Feb 1998	0	1,442	13.95	2.30	$3,315
Jan 1998	0	1,202	14.70	2.15	$2,590
Dec 1997	0	1,863	16.32	2.41	$4,492
Nov 1997	0	2,062	18.19	3.09	$6,368
Oct 1997	382	2,037	19.25	3.15	$13,770
Sep 1997	0	2,171	17.74	2.95	$6,415
Aug 1997	389	2,110	17.86	2.55	$12,338
Jul 1997	0	2,178	17.58	2.25	$4,894
Jun 1997	378	2,268	17.24	2.26	$11,636
May 1997	0	2,594	18.97	2.31	$5,988
Apr 1997	180	2,375	17.88	2.08	$8,165
Mar 1997	182	2,129	18.95	1.94	$7,577
Feb 1997	395	2,118	20.49	2.21	$12,766
Jan 1997	0	2,599	23.48	3.54	$9,200
Dec 1996	199	2,291	23.32	—	$4,641
Nov 1996	0	2,332	21.97	—	$0
Oct 1996	383	2,445	23.31	—	$8,928
Sep 1996	0	2,300	22.22	—	$0
Aug 1996	416	2,648	20.26	—	$8,428
Jul 1996	0	2,493	19.55	—	$0
Jun 1996	391	2,617	18.73	—	$7,323
May 1996	0	3,192	19.43	—	$0
Apr 1996	377	2,547	21.51	—	$8,109
Mar 1996	0	2,250	19.38	—	$0
Feb 1996	195	2,099	16.98	—	$3,311
Jan 1996	199	2,854	17.07	—	$3,397
Dec 1995	150	2,806	17.19	—	$2,579
Nov 1995	367	3,372	16.00	—	$5,872
Oct 1995	0	3,039	15.43	—	$0
Sep 1995	0	3,181	16.18	—	$0
Aug 1995	187	3,953	15.92	—	$2,977
Jul 1995	201	3,301	15.24	—	$3,063
Jun 1995	365	2,745	16.41	—	$5,990
May 1995	200	3,165	17.56	—	$3,512
Apr 1995	384	3,107	17.73	—	$6,808
Mar 1995	568	3,526	16.44	—	$9,338
Feb 1995	0	3,513	16.58	—	$0
Jan 1995	589	5,314	15.92	—	$9,377
Dec 1994	194	4,839	15.03	—	$2,916
Nov 1994	391	7,863	15.90	—	$6,217
Oct 1994	188	6,380	15.58	—	$2,929
Sep 1994	388	7,767	15.29	—	$5,933
Aug 1994	0	7,817	16.13	—	$0
Jul 1994	194	8,634	17.56	—	$3,407
Jun 1994	574	8,486	17.09	—	$9,810
May 1994	371	7,854	15.88	—	$5,891
Apr 1994	188	8,104	14.14	—	$2,658
Mar 1994	374	8,547	12.46	—	$4,660
Feb 1994	376	4,427	12.50	—	$4,700
Jan 1994	380	9,182	12.66	—	$4,811
Dec 1993	567	9,735	12.33	—	$6,991
Nov 1993	188	10,467	14.49	—	$2,724
Oct 1993	563	11,773	15.85	—	$8,924
Sep 1993	188	11,450	15.03	—	$2,826
Aug 1993	443	10,987	15.66	—	$6,937
Jul 1993	367	5,772	15.46	—	$5,674
Jun 1993	371	5,028	16.79	—	$6,229
May 1993	187	5,000	17.68	—	$3,306
Apr 1993	187	4,899	18.05	—	$3,375
Mar 1993	373	4,306	18.14	—	$6,766
Feb 1993	372	4,399	17.90	—	$6,659
Jan 1993	0	304	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.

Jun 2009 — as filed, then multipliedworked

Oil                  127 bbl  × $ 66.16 =     $8,402
Casinghead gas        11 Mcf  × $  3.90 =        $43

────────────────────────────────────────────────────
Month total                                   $8,445

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/23763 is the state's own key, not one this site invented.