BLUE, HARDY

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

Oil lease lease 8673District 7BField 19511001NGPA filingOilCasinghead gasSaveExport
Value, all time
$16 k
Jan 1993 – Aug 2000
Value, last 12 filed months
$2 k
at the published price for each month
Months reported
92
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 892 leases and 2,428 wells, and the rule below applies to all of them.

Discovered
1910-12-31
as the register files it
Field class
Oil and gas
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
NGPA4none

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
OilDisposition941 bbl$16,265
Casinghead gasProduction2,021 Mcf$40
Total$16,305

2,005 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 (5)

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 31.7262, -99.2808. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

31.72628, -99.28027 · 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%
5 of 5 wells
With a plug date
100.0%
5 of 5 wells
Median depth
2,600 ft
5 wells filed one
Completion to plug
15.8 years
median over 4 wells

What the state filed about each well

On the RRC proration schedule
5100.0%
A plug date is filed
5100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
5100.0%
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 2,387 and 2,812 ft, median 2,600 ft, over the 5 wells that filed a depth.

Completions filed
Jun 1983 – Aug 1983
4 of 5 wells; 1 filed none
Plug dates filed
Apr 1999
5 of 5 wells

Last completion to plug: a median of 15.8 years across the 4 wells that filed both dates, with the middle half between 15.8 years and 15.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

5 wells

42-0830746312,387 ftApr 1999Yes
42-0833337722,570 ftAug 1983Apr 1999Yes
42-0833337942,625 ftJul 1983Apr 1999Yes
42-0833337832,812 ftJul 1983Apr 1999Yes
42-0833338272,600 ftJun 1983Apr 1999Yes

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 (92)

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

92 months

Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 200082028.422.86$2,330
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 19980012.421.97$0
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 19980113.042.51$3
Mar 19980112.802.31$2
Feb 19980113.952.30$2
Jan 19980114.702.15$2
Dec 19970116.322.41$2
Nov 19970118.193.09$3
Oct 19970119.253.15$3
Sep 19970117.742.95$3
Aug 19970117.862.55$3
Jul 19970117.582.25$2
Jun 19970117.242.26$2
May 19970118.972.31$2
Apr 19970117.882.08$2
Mar 19970118.951.94$2
Feb 19970120.492.21$2
Jan 19970123.483.54$4
Dec 19960123.32$0
Nov 19960121.97$0
Oct 199602423.31$0
Sep 19960622.22$0
Aug 199602420.26$0
Jul 199605019.55$0
Jun 199603718.73$0
May 199602919.43$0
Apr 199602121.51$0
Mar 199602519.38$0
Feb 199602916.98$0
Jan 19960117.07$0
Dec 19950117.19$0
Nov 199501616.00$0
Oct 199507315.43$0
Sep 199504316.18$0
Aug 1995225015.92$350
Jul 1995363215.24$549
Jun 199502416.41$0
May 199501517.56$0
Apr 1995433417.73$762
Mar 199503816.44$0
Feb 19953210216.58$531
Jan 199570115.92$1,114
Dec 199434115.03$511
Nov 19940115.90$0
Oct 19940715.58$0
Sep 199403015.29$0
Aug 1994325116.13$516
Jul 1994385517.56$667
Jun 199405817.09$0
May 199404715.88$0
Apr 1994263314.14$368
Mar 1994416312.46$511
Feb 1994316512.50$388
Jan 199407712.66$0
Dec 199307412.33$0
Nov 1993546814.49$782
Oct 199307115.85$0
Sep 1993177415.03$256
Aug 1993298115.66$454
Jul 1993468515.46$711
Jun 1993453916.79$756
May 1993259317.68$442
Apr 1993488718.05$866
Mar 199312610118.14$2,286
Feb 1993323617.90$573
Jan 1993323116.93$542

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.

Mar 2000 — as filed, then multipliedworked
Oil                   82 bbl  × $ 28.42 =     $2,330
Casinghead gas         0 Mcf  × $  2.86 =         $0

────────────────────────────────────────────────────
Month total                                   $2,330

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/8673 is the state's own key, not one this site invented.