LEE "1306"

Name: LEE "1306" lease production and value, Mar 1994 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by ASHTOLA EXPLORATION COMPANY,INC. (P-5 35060) in the KATHARINE (MISSISSIPPIAN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 27137District 7BField 48204250OilCasinghead gasSave Export

Value, all time

$1.1 M

Mar 1994 – Sep 2007

Value, last 12 filed months

$49 k

at the published price for each month

Months reported

163

no gaps in the span

Streams

oil, casinghead gas

The KATHARINE (MISSISSIPPIAN) 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 1 leases and 1 wells, and the rule below applies to all of them.

Discovered

1994-03-28

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	54,864 bbl	$1,087,783
Casinghead gas	Production	18,389 Mcf	$58,718
Total			$1,146,501

4,969 Mcf of this lease's gas, across 34 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 33.0705, -99.0037. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.07053, -99.00375 · 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%

1 of 1 wells

With a plug date

0.0%

0 of 1 wells

Median depth

4,552 ft

1 wells filed one

Completion to plug

—

no well filed both dates

What the state filed about each well

On the RRC proration schedule

1100.0%

A plug date is filed

00.0%

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

00.0%

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 4,552 ft.

Completions filed

Jun 2007

1 of 1 wells

1 well


42-44735457	1	4,552 ft	Jun 2007	—	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 (163)

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

163 months


Sep 2007	0	0	75.84	6.24	$0
Aug 2007	0	0	69.06	6.39	$0
Jul 2007	0	0	70.90	6.39	$0
Jun 2007	87	0	62.00	7.55	$5,394
May 2007	177	0	58.74	7.85	$10,397
Apr 2007	2	60	59.61	7.81	$588
Mar 2007	12	62	56.92	7.30	$1,136
Feb 2007	2	56	55.10	8.22	$570
Jan 2007	186	62	50.30	6.73	$9,773
Dec 2006	8	62	56.65	6.92	$882
Nov 2006	184	60	54.20	7.62	$10,430
Oct 2006	180	62	54.90	6.01	$10,255
Sep 2006	183	60	60.08	5.04	$11,297
Aug 2006	312	62	68.71	7.34	$21,893
Jul 2006	0	62	69.37	6.34	$393
Jun 2006	0	60	66.28	6.38	$383
May 2006	0	62	66.01	6.42	$398
Apr 2006	0	60	64.39	7.36	$442
Mar 2006	175	62	56.70	7.08	$10,362
Feb 2006	0	56	57.59	7.75	$434
Jan 2006	0	62	60.59	8.93	$554
Dec 2005	0	62	54.94	13.42	$832
Nov 2005	0	60	54.69	10.59	$635
Oct 2005	168	62	58.34	13.80	$10,656
Sep 2005	0	60	61.45	12.08	$725
Aug 2005	0	62	61.51	9.80	$607
Jul 2005	0	62	55.69	7.84	$486
Jun 2005	177	60	52.33	7.38	$9,705
May 2005	0	62	45.22	6.65	$412
Apr 2005	0	60	49.20	7.36	$442
Mar 2005	0	62	50.37	7.15	$444
Feb 2005	180	56	45.22	6.31	$8,493
Jan 2005	0	62	43.16	6.32	$392
Dec 2004	0	124	39.86	6.75	$837
Nov 2004	0	124	45.28	6.33	$785
Oct 2004	170	124	49.70	6.52	$9,257
Sep 2004	0	124	43.24	5.28	$655
Aug 2004	0	124	42.37	5.55	$688
Jul 2004	0	124	38.28	6.08	$754
Jun 2004	173	124	36.10	6.43	$7,043
May 2004	0	124	37.48	6.49	$805
Apr 2004	0	124	34.47	5.86	$726
Mar 2004	171	124	34.36	5.53	$6,561
Feb 2004	0	124	32.45	5.51	$683
Jan 2004	0	124	32.03	6.30	$781
Dec 2003	178	124	30.26	6.30	$6,168
Nov 2003	0	124	28.80	4.60	$570
Oct 2003	0	124	28.17	4.76	$590
Sep 2003	179	124	26.31	4.75	$5,298
Aug 2003	0	124	29.76	5.13	$636
Jul 2003	169	124	29.41	5.17	$5,611
Jun 2003	0	124	28.56	5.98	$742
May 2003	0	124	26.59	5.97	$741
Apr 2003	179	124	26.67	5.41	$5,444
Mar 2003	0	124	31.14	6.10	$756
Feb 2003	0	124	33.48	7.93	$983
Jan 2003	178	124	30.31	5.58	$6,087
Dec 2002	0	124	26.91	4.85	$602
Nov 2002	0	124	24.66	4.14	$513
Oct 2002	180	124	26.46	4.23	$5,287
Sep 2002	0	124	27.44	3.64	$451
Aug 2002	0	124	25.96	3.16	$392
Jul 2002	179	124	24.58	3.06	$4,779
Jun 2002	0	124	23.73	3.34	$414
May 2002	170	124	24.66	3.58	$4,637
Apr 2002	0	124	23.65	3.51	$436
Mar 2002	0	124	22.00	3.10	$385
Feb 2002	169	124	18.22	2.38	$3,374
Jan 2002	0	124	17.17	2.38	$295
Dec 2001	171	124	16.93	2.36	$3,188
Nov 2001	0	124	18.07	2.41	$298
Oct 2001	177	124	19.78	2.53	$3,815
Sep 2001	0	124	24.26	2.25	$279
Aug 2001	0	124	24.87	3.05	$379
Jul 2001	175	124	23.93	3.20	$4,584
Jun 2001	0	124	24.56	3.82	$474
May 2001	172	124	25.52	4.31	$4,924
Apr 2001	0	124	24.68	5.34	$662
Mar 2001	182	124	24.54	5.38	$5,133
Feb 2001	0	124	27.75	5.77	$715
Jan 2001	170	124	27.47	8.40	$5,711
Dec 2000	0	124	26.88	9.12	$1,131
Nov 2000	0	124	32.21	5.66	$702
Oct 2000	176	124	31.23	5.15	$6,135
Sep 2000	169	124	31.87	5.19	$6,029
Aug 2000	0	124	29.64	4.54	$563
Jul 2000	174	124	28.53	4.09	$5,471
Jun 2000	0	124	29.30	4.40	$545
May 2000	173	124	27.26	3.68	$5,172
Apr 2000	0	124	24.51	3.12	$386
Mar 2000	174	124	28.42	2.86	$5,300
Feb 2000	0	124	27.62	2.73	$338
Jan 2000	165	124	25.27	2.48	$4,477
Dec 1999	161	124	24.28	2.42	$4,210
Nov 1999	170	124	23.19	2.43	$4,244
Oct 1999	178	124	20.98	2.80	$4,082
Sep 1999	0	124	21.75	2.62	$325
Aug 1999	176	124	19.26	2.88	$3,746
Jul 1999	0	124	17.89	2.37	$294
Jun 1999	179	124	15.94	2.36	$3,146
May 1999	174	124	15.79	2.32	$3,035
Apr 1999	0	124	15.10	2.21	$274
Mar 1999	167	124	12.47	1.84	$2,310
Feb 1999	179	124	9.98	1.82	$2,012
Jan 1999	184	124	10.38	1.90	$2,146
Dec 1998	0	124	9.20	1.77	$220
Nov 1998	176	120	10.89	2.19	$2,179
Oct 1998	166	124	12.42	1.97	$2,306
Sep 1998	172	120	12.59	2.08	$2,415
Aug 1998	0	124	11.30	1.91	$237
Jul 1998	171	124	11.74	2.24	$2,285
Jun 1998	179	120	11.24	2.24	$2,280
May 1998	179	124	12.62	2.21	$2,533
Apr 1998	0	120	13.04	2.51	$301
Mar 1998	347	124	12.80	2.31	$4,728
Feb 1998	354	112	13.95	2.30	$5,196
Jan 1998	0	0	14.70	2.15	$0
Dec 1997	0	124	16.32	2.41	$299
Nov 1997	337	120	18.19	3.09	$6,501
Oct 1997	171	124	19.25	3.15	$3,682
Sep 1997	177	120	17.74	2.95	$3,495
Aug 1997	341	124	17.86	2.55	$6,407
Jul 1997	174	124	17.58	2.25	$3,338
Jun 1997	342	120	17.24	2.26	$6,167
May 1997	347	120	18.97	2.31	$6,860
Apr 1997	346	120	17.88	2.08	$6,436
Mar 1997	353	124	18.95	1.94	$6,930
Feb 1997	348	112	20.49	2.21	$7,378
Jan 1997	696	124	23.48	3.54	$16,781
Dec 1996	1,350	124	23.32	—	$31,482
Nov 1996	1,242	120	21.97	—	$27,287
Oct 1996	1,237	124	23.31	—	$28,834
Sep 1996	1,381	120	22.22	—	$30,686
Aug 1996	1,220	124	20.26	—	$24,717
Jul 1996	1,233	124	19.55	—	$24,105
Jun 1996	1,400	120	18.73	—	$26,222
May 1996	1,199	124	19.43	—	$23,297
Apr 1996	1,206	120	21.51	—	$25,941
Mar 1996	1,394	124	19.38	—	$27,016
Feb 1996	1,234	116	16.98	—	$20,953
Jan 1996	1,227	124	17.07	—	$20,945
Dec 1995	1,417	124	17.19	—	$24,358
Nov 1995	1,237	120	16.00	—	$19,792
Oct 1995	1,361	124	15.43	—	$21,000
Sep 1995	1,208	120	16.18	—	$19,545
Aug 1995	1,364	124	15.92	—	$21,715
Jul 1995	1,198	124	15.24	—	$18,258
Jun 1995	1,206	120	16.41	—	$19,790
May 1995	1,367	124	17.56	—	$24,005
Apr 1995	1,207	120	17.73	—	$21,400
Mar 1995	1,040	124	16.44	—	$17,098
Feb 1995	1,052	112	16.58	—	$17,442
Jan 1995	1,246	124	15.92	—	$19,836
Dec 1994	1,401	124	15.03	—	$21,057
Nov 1994	1,393	102	15.90	—	$22,149
Oct 1994	1,241	124	15.58	—	$19,335
Sep 1994	1,221	270	15.29	—	$18,669
Aug 1994	1,233	279	16.13	—	$19,888
Jul 1994	1,235	279	17.56	—	$21,687
Jun 1994	1,223	270	17.09	—	$20,901
May 1994	1,201	279	15.88	—	$19,072
Apr 1994	1,166	261	14.14	—	$16,487
Mar 1994	174	57	12.46	—	$2,168

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 2007 — as filed, then multipliedworked

Oil                   87 bbl  × $ 62.00 =     $5,394
Casinghead gas         0 Mcf  × $  7.55 =         $0

────────────────────────────────────────────────────
Month total                                   $5,394

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/27137 is the state's own key, not one this site invented.