LOTT

Operated by GUNN OIL COMPANY (P-5 339493) in the LOVERS RESORT (CONGL.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 26615District 7BField 55210100OilCasinghead gasSaveExport
Value, all time
$1.5 M
Jan 1993 – Jun 2013
Value, last 12 filed months
$0
at the published price for each month
Months reported
246
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 4 wells, and the rule below applies to all of them.

Discovered
1992-07-25
as the register files it
Field class
Oil
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 1995-09-12.

The Commission's schedule remark for this field reads: DOCKET NO. 7B-0204508 EFFECTIVE APRIL 25, 1994.

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
OilDisposition91,178 bbl$1,526,119
Casinghead gasProduction10,569 Mcf$16,364
Total$1,542,483

4,989 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 33.3305, -100.3295. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

33.33042, -100.33004 · 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%
3 of 3 wells
With a plug date
100.0%
3 of 3 wells
Median depth
6,320 ft
3 wells filed one
Completion to plug
19.0 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 6,280 and 6,480 ft, median 6,320 ft, over the 3 wells that filed a depth.

Completions filed
Jul 1992 – Dec 1992
3 of 3 wells
Plug dates filed
Jun 2009 – Nov 2011
3 of 3 wells

Last completion to plug: a median of 19.0 years across the 3 wells that filed both dates, with the middle half between 17.8 years and 19.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

3 wells

42-4333282336,320 ftDec 1992Jun 2009Yes
42-4333281126,280 ftNov 1992Nov 2011Yes
42-4333279116,480 ftJul 1992Oct 2011Yes

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 (246)

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

246 months

Jun 20130094.403.93$0
May 20130094.834.15$0
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 20120092.662.91$0
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 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
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 2003175026.314.75$4,604
Aug 20030029.765.13$0
Jul 2003169029.415.17$4,970
Jun 20030028.565.98$0
May 2003175026.595.97$4,653
Apr 20030026.675.41$0
Mar 2003178031.146.10$5,543
Feb 2003180033.487.93$6,026
Jan 20030030.315.58$0
Dec 2002181026.914.85$4,871
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 2002184027.443.64$5,049
Aug 20020025.963.16$0
Jul 2002183024.583.06$4,498
Jun 2002176023.733.34$4,176
May 20020024.663.58$0
Apr 2002167023.653.51$3,950
Mar 2002175022.003.10$3,850
Feb 20020018.222.38$0
Jan 2002182017.172.38$3,125
Dec 2001186016.932.36$3,149
Nov 2001180018.072.41$3,253
Oct 20010019.782.53$0
Sep 2001176024.262.25$4,270
Aug 2001174024.873.05$4,327
Jul 2001175023.933.20$4,188
Jun 20010024.563.82$0
May 200116612025.524.31$4,753
Apr 200118012024.685.34$5,083
Mar 2001010524.545.38$565
Feb 2001013527.755.77$779
Jan 200109027.478.40$756
Dec 200018315526.889.12$6,333
Nov 200018415032.215.66$6,775
Oct 2000182031.235.15$5,684
Sep 20000031.875.19$0
Aug 2000166029.644.54$4,920
Jul 2000114028.534.09$3,252
Jun 2000178029.304.40$5,215
May 20000027.263.68$0
Apr 2000179024.513.12$4,387
Mar 2000184028.422.86$5,229
Feb 2000181027.622.73$4,999
Jan 2000171025.272.48$4,321
Dec 19990024.282.42$0
Nov 1999182023.192.43$4,221
Oct 1999373020.982.80$7,826
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 199918715517.892.37$3,713
Jun 199918315015.942.36$3,271
May 1999015515.792.32$360
Apr 199918315015.102.21$3,095
Mar 1999015512.471.84$285
Feb 19991861409.981.82$2,111
Jan 199919815510.381.90$2,350
Dec 19981881559.201.77$2,004
Nov 199818315010.892.19$2,321
Oct 199833715512.421.97$4,491
Sep 199818315012.592.08$2,616
Aug 199838115511.301.91$4,601
Jul 1998015511.742.24$347
Jun 199818815011.242.24$2,449
May 199818815512.622.21$2,715
Apr 199837215013.042.51$5,227
Mar 199818615512.802.31$2,739
Feb 199819414013.952.30$3,028
Jan 199837915514.702.15$5,905
Dec 199738615516.322.41$6,673
Nov 199738715018.193.09$7,503
Oct 199719215519.253.15$4,184
Sep 199737615017.742.95$7,113
Aug 199737415517.862.55$7,076
Jul 199738215517.582.25$7,064
Jun 199738015017.242.26$6,890
May 199738715018.972.31$7,688
Apr 199738715017.882.08$7,232
Mar 199757915518.951.94$11,273
Feb 199752614020.492.21$11,087
Jan 199739015523.483.54$9,706
Dec 199656415023.32$13,152
Nov 199638815021.97$8,524
Oct 199658015023.31$13,520
Sep 199638115022.22$8,466
Aug 199658315020.26$11,812
Jul 199638215519.55$7,468
Jun 199657015018.73$10,676
May 199638015019.43$7,383
Apr 199637815021.51$8,131
Mar 199677515019.38$15,020
Feb 199656214516.98$9,543
Jan 19965268417.07$8,979
Dec 19957009317.19$12,033
Nov 19955079016.00$8,112
Oct 19956969315.43$10,739
Sep 19956949016.18$11,229
Aug 19953495715.92$5,556
Jul 19956899315.24$10,500
Jun 19951,0259016.41$16,820
May 19951,2159317.56$21,335
Apr 19951,5679017.73$27,783
Mar 19951,3819316.44$22,704
Feb 19951,5868416.58$26,296
Jan 19952,4909315.92$39,641
Dec 19942,6789315.03$40,250
Nov 19942,4999315.90$39,734
Oct 19943,1939315.58$49,747
Sep 19942,3159315.29$35,396
Aug 19941,5579316.13$25,114
Jul 19946929017.56$12,152
Jun 19941,7379017.09$29,685
May 19942,2639315.88$35,936
Apr 19942,0999314.14$29,680
Mar 19942,3229312.46$28,932
Feb 19942,1278712.50$26,588
Jan 19942,1479312.66$27,181
Dec 19932,4889012.33$30,677
Nov 19932,3069014.49$33,414
Oct 19932,4479015.85$38,785
Sep 19932,4329315.03$36,553
Aug 19932,4219315.66$37,913
Jul 19932,7649315.46$42,731
Jun 19932,7699016.79$46,492
May 19932,9629317.68$52,368
Apr 19932,7379018.05$49,403
Mar 19933,2689318.14$59,282
Feb 19932,7668417.90$49,511
Jan 19933,1209316.93$52,822

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.

Sep 2003 — as filed, then multipliedworked
Oil                  175 bbl  × $ 26.31 =     $4,604
Casinghead gas         0 Mcf  × $  4.75 =         $0

────────────────────────────────────────────────────
Month total                                   $4,604

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/26615 is the state's own key, not one this site invented.