MATHIS, R. E.

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

Oil lease lease 7660District 7BField 79546500NGPA filingOilCasinghead gasSaveExport
Value, all time
$63 k
Jan 1993 – Dec 2001
Value, last 12 filed months
$0
at the published price for each month
Months reported
108
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 9 leases and 22 wells, and the rule below applies to all of them.

Discovered
1951-05-19
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

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
NGPA1none

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
OilDisposition3,202 bbl$56,127
Casinghead gasProduction12,393 Mcf$7,035
Total$63,162

9,643 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 (4)

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 33.0966, -99.8912. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

33.09604, -99.89124 · 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%
4 of 4 wells
With a plug date
100.0%
4 of 4 wells
Median depth
5,769 ft
4 wells filed one
Completion to plug
12.3 years
median over 3 wells

What the state filed about each well

On the RRC proration schedule
4100.0%
A plug date is filed
4100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
4100.0%
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 5,750 and 5,815 ft, median 5,769 ft, over the 4 wells that filed a depth.

Completions filed
Feb 1976 – Jun 1985
3 of 4 wells; 1 filed none
Plug dates filed
Jan 1984 – Jun 2001
4 of 4 wells

Last completion to plug: a median of 12.3 years across the 3 wells that filed both dates, with the middle half between 10.3 years and 14.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

4 wells

42-2078029415,776 ftJan 1984Yes
42-2073163745,762 ftJun 1985Jun 2001Yes
42-2073086735,815 ftFeb 1980May 1992Yes
42-2073031525,750 ftFeb 1976Jun 1984Yes

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 (108)

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

108 months

Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 200004829.644.54$218
Jul 200008528.534.09$348
Jun 200006429.304.40$281
May 20001153527.263.68$3,264
Apr 200003024.513.12$93
Mar 200002728.422.86$77
Feb 200001927.622.73$52
Jan 200006625.272.48$164
Dec 19990524.282.42$12
Nov 199905023.192.43$122
Oct 199906920.982.80$193
Sep 19991133821.752.62$2,557
Aug 199905019.262.88$144
Jul 1999686117.892.37$1,361
Jun 199907215.942.36$170
May 199908815.792.32$204
Apr 19990015.102.21$0
Mar 199901212.471.84$22
Feb 19990689.981.82$124
Jan 1999816010.381.90$955
Dec 19980829.201.77$145
Nov 199806510.892.19$142
Oct 199860012.421.97$745
Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 19980013.042.51$0
Mar 19980012.802.31$0
Feb 199801213.952.30$28
Jan 199803314.702.15$71
Dec 199701816.322.41$43
Nov 199703318.193.09$102
Oct 199703019.253.15$94
Sep 199705217.742.95$154
Aug 1997017517.862.55$447
Jul 19977213717.582.25$1,574
Jun 1997019717.242.26$445
May 19972419918.972.31$915
Apr 19978020017.882.08$1,847
Mar 19977620018.951.94$1,828
Feb 1997017220.492.21$379
Jan 19978519823.483.54$2,697
Dec 199611722123.32$2,728
Nov 1996011021.97$0
Oct 199612310223.31$2,867
Sep 199607722.22$0
Aug 1996023620.26$0
Jul 199611924619.55$2,326
Jun 1996025918.73$0
May 1996023019.43$0
Apr 19966420921.51$1,377
Mar 199611822319.38$2,287
Feb 1996024116.98$0
Jan 19966813917.07$1,161
Dec 19957620217.19$1,306
Nov 1995024316.00$0
Oct 199511624915.43$1,790
Sep 1995021616.18$0
Aug 19958023515.92$1,274
Jul 19953813315.24$579
Jun 1995018716.41$0
May 199512111517.56$2,125
Apr 1995019417.73$0
Mar 19956620616.44$1,085
Feb 1995020216.58$0
Jan 199511722415.92$1,863
Dec 1994023815.03$0
Nov 19945423015.90$859
Oct 19945826615.58$904
Sep 19946028115.29$917
Aug 19943623416.13$581
Jul 19944722117.56$825
Jun 19946225717.09$1,060
May 19946723215.88$1,064
Apr 19946224014.14$877
Mar 19944611412.46$573
Feb 19947712312.50$963
Jan 19944421812.66$557
Dec 19936421712.33$789
Nov 19937120614.49$1,029
Oct 19936025515.85$951
Sep 19937625715.03$1,142
Aug 19939331615.66$1,456
Jul 199311032015.46$1,701
Jun 1993011916.79$0
May 19930117.68$0
Apr 199311838718.05$2,130
Mar 199307818.14$0
Feb 199305917.90$0
Jan 199307516.93$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.

Aug 2000 — as filed, then multipliedworked
Oil                    0 bbl  × $ 29.64 =         $0
Casinghead gas        48 Mcf  × $  4.54 =       $218

────────────────────────────────────────────────────
Month total                                     $218

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/7660 is the state's own key, not one this site invented.