LADD-PIERCE 2

Operated by ENERGY TWENTY OPERATING LLC (P-5 252144) in the OZONA (CANYON SAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 106944District 7CField 67995200NGPA filingCondensateGasSaveExport
Value, all time
$1.1 M
Jan 1993 – Jul 2024
Value, last 12 filed months
$0
at the published price for each month
Months reported
379
no gaps in the span
Streams
2
condensate, 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 2,312 leases and 2,323 wells, and the rule below applies to all of them.

Discovered
1962-02-23
as the register files it
Field class
Oil and gas
the register's own label
Between wells
600 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2006-09-12.

The Commission's schedule remark for this field reads: ZONE TO BE SET UP IN OZONA (CANYON SAND, OIL).

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
CondensateDisposition1,973 bbl$37,472
GasProduction262,297 Mcf$1,061,826
Total$1,099,298

37,166 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 (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 30.4560, -101.4648. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.45601, -101.46484 · 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%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
7,080 ft
1 wells filed one
Completion to plug
41.0 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
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 7,080 ft.

Completions filed
Jul 1983
1 of 1 wells
Plug dates filed
Jul 2024
1 of 1 wells

Last completion to plug: a median of 41.0 years across the 1 well that filed both dates, with the middle half between 41.0 years and 41.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-1053445217,080 ftJul 1983Jul 2024Yes

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 (379)

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

379 months

Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 2019046646.033.23$1,504
Dec 2018042146.594.19$1,762
Nov 2018043352.934.24$1,835
Oct 2018017961.443.40$608
Sep 2018048059.543.11$1,492
Aug 2018029059.403.07$889
Jul 2018046565.142.93$1,363
Jun 201801,05860.183.08$3,255
May 2018038865.382.90$1,126
Apr 2018044063.842.90$1,276
Mar 2018075061.222.79$2,090
Feb 2018037661.782.77$1,040
Jan 2018075562.874.01$3,027
Dec 2017016357.272.92$476
Nov 2017045755.423.12$1,425
Oct 2017070149.292.98$2,092
Sep 2017056847.523.09$1,754
Aug 2017058545.373.00$1,758
Jul 2017044143.873.09$1,361
Jun 2017053442.493.09$1,649
May 2017075945.373.26$2,477
Apr 2017071447.933.21$2,293
Mar 2017076546.772.98$2,283
Feb 2017062950.452.95$1,857
Jan 2017080049.413.42$2,735
Dec 2016069148.763.72$2,572
Nov 2016067342.492.64$1,780
Oct 2016096546.193.09$2,982
Sep 2016055341.553.10$1,715
Aug 2016075941.442.92$2,220
Jul 2016082941.622.92$2,424
Jun 2016069345.352.69$1,861
May 2016079642.521.99$1,585
Apr 2016082936.561.99$1,651
Mar 2016068533.011.79$1,229
Feb 2016074126.472.06$1,529
Jan 2016083527.352.36$1,974
Dec 2015083832.362.00$1,677
Nov 2015082138.792.17$1,779
Oct 2015086143.552.43$2,089
Sep 2015083342.992.76$2,298
Aug 2015082240.162.87$2,361
Jul 2015087048.152.95$2,562
Jun 2015080956.152.88$2,332
May 2015087055.212.96$2,571
Apr 2015084949.822.71$2,298
Mar 2015088042.892.93$2,583
Feb 2015077844.662.98$2,315
Jan 2015087543.433.10$2,713
Dec 2014087754.693.59$3,150
Nov 2014086970.464.25$3,695
Oct 2014086278.303.90$3,363
Sep 2014086886.164.05$3,511
Aug 2014089589.394.04$3,611
Jul 2014089796.564.18$3,749
Jun 2014087498.164.74$4,140
May 2014091694.734.73$4,330
Apr 2014092595.944.81$4,448
Mar 2014079695.895.06$4,025
Feb 2014082397.406.19$5,096
Jan 2014091590.404.86$4,448
Dec 2013088291.824.35$3,841
Nov 2013082488.853.74$3,080
Oct 2013089997.423.78$3,398
Sep 20130883104.113.72$3,283
Aug 20130902104.253.52$3,177
Jul 20130923102.523.72$3,431
Jun 2013090294.403.93$3,548
May 2013097994.834.15$4,062
Apr 2013096593.964.28$4,133
Mar 2013054493.623.91$2,129
Feb 2013083091.233.42$2,839
Jan 2013093491.603.42$3,194
Dec 2012093186.773.42$3,184
Nov 2012090686.953.62$3,284
Oct 2012094589.383.40$3,213
Sep 2012090494.672.92$2,638
Aug 2012095392.662.91$2,771
Jul 2012092685.133.02$2,797
Jun 2012091879.822.52$2,312
May 2012095691.612.49$2,379
Apr 20120931101.652.00$1,859
Mar 20123969105.052.22$2,468
Feb 20120892101.102.57$2,293
Jan 2012095998.092.73$2,622
Dec 2011094596.873.24$3,062
Nov 2011094195.723.31$3,116
Oct 2011097584.983.65$3,557
Sep 2011094383.623.99$3,759
Aug 2011097783.404.15$4,054
Jul 2011098794.144.52$4,459
Jun 2011096392.904.64$4,468
May 201101,01798.134.40$4,480
Apr 20110892105.964.33$3,865
Mar 2011099296.364.06$4,025
Feb 2011090585.644.18$3,783
Jan 2011098886.504.59$4,534
Dec 201001,00285.734.35$4,356
Nov 2010097080.843.80$3,681
Oct 201001,01878.103.51$3,572
Sep 2010096972.633.98$3,856
Aug 201001,01373.684.42$4,477
Jul 201001,03772.554.74$4,912
Jun 2010094270.364.91$4,626
May 201001,05071.124.24$4,447
Apr 2010091381.694.12$3,764
Mar 201001,02078.394.39$4,476
Feb 2010091573.585.44$4,980
Jan 201001,02874.365.96$6,131
Dec 200901,01071.445.48$5,539
Nov 2009099074.593.75$3,714
Oct 200901,01972.544.11$4,188
Sep 200901,00865.543.06$3,089
Aug 200901,04867.423.22$3,373
Jul 200901,05261.133.46$3,645
Jun 200901,02566.163.90$3,992
May 200901,07054.743.93$4,201
Apr 200901,04246.773.59$3,738
Mar 200901,07642.144.06$4,367
Feb 2009094932.814.63$4,397
Jan 200901,00035.865.37$5,371
Dec 2008093337.105.98$5,577
Nov 200801,01655.496.86$6,970
Oct 200801,03375.246.92$7,150
Sep 20080789101.767.88$6,215
Aug 200801,048114.228.48$8,890
Jul 200801,063131.0811.39$12,107
Jun 200801,032131.3313.03$13,450
May 200801,079123.1711.57$12,489
Apr 200801,059110.3110.45$11,072
Mar 200801,097101.909.66$10,601
Feb 200801,02092.538.77$8,946
Jan 200801,10490.388.21$9,059
Dec 2007099388.337.30$7,251
Nov 2007094691.677.29$6,898
Oct 200701,15682.856.92$8,002
Sep 200701,09575.846.24$6,837
Aug 200701,23469.066.39$7,883
Jul 200701,42570.906.39$9,103
Jun 2007081162.007.55$6,122
May 200701,05358.747.85$8,262
Apr 2007091259.617.81$7,118
Mar 2007098956.927.30$7,222
Feb 2007065555.108.22$5,381
Jan 2007092950.306.73$6,249
Dec 2006096556.656.92$6,676
Nov 200601,05354.207.62$8,021
Oct 200601,06654.906.01$6,411
Sep 200601,18360.085.04$5,959
Aug 200601,20968.717.34$8,874
Jul 200601,17469.376.34$7,446
Jun 200601,27366.286.38$8,127
May 2006094566.016.42$6,072
Apr 2006095364.397.36$7,015
Mar 2006092656.707.08$6,559
Feb 2006078257.597.75$6,061
Jan 2006093260.598.93$8,326
Dec 2005088354.9413.42$11,846
Nov 2005083954.6910.59$8,884
Oct 2005096358.3413.80$13,285
Sep 2005089261.4512.08$10,774
Aug 2005089961.519.80$8,807
Jul 2005096255.697.84$7,546
Jun 2005096552.337.38$7,123
May 2005089745.226.65$5,966
Apr 2005088749.207.36$6,529
Mar 2005095050.377.15$6,797
Feb 2005075745.226.31$4,778
Jan 2005085443.166.32$5,399
Dec 2004086539.866.75$5,840
Nov 2004095145.286.33$6,020
Oct 2004098649.706.52$6,424
Sep 2004088143.245.28$4,655
Aug 2004096242.375.55$5,340
Jul 2004094338.286.08$5,737
Jun 2004099136.106.43$6,375
May 200401,05637.486.49$6,858
Apr 2004090234.475.86$5,284
Mar 200401,01734.365.53$5,624
Feb 2004095332.455.51$5,251
Jan 2004095332.036.30$6,004
Dec 2003094830.266.30$5,974
Nov 2003097228.804.60$4,467
Oct 200301,00028.174.76$4,760
Sep 2003062826.314.75$2,983
Aug 2003095129.765.13$4,878
Jul 2003088629.415.17$4,581
Jun 2003092528.565.98$5,534
May 2003087426.595.97$5,220
Apr 2003093226.675.41$5,040
Mar 2003095931.146.10$5,846
Feb 2003078733.487.93$6,238
Jan 2003098130.315.58$5,476
Dec 2002087726.914.85$4,257
Nov 2002091024.664.14$3,765
Oct 2002096726.464.23$4,090
Sep 2002087827.443.64$3,192
Aug 200201,00625.963.16$3,183
Jul 2002096424.583.06$2,952
Jun 20022498723.733.34$3,864
May 20022277024.663.58$3,302
Apr 2002081923.653.51$2,877
Mar 2002083822.003.10$2,600
Feb 200201,00018.222.38$2,376
Jan 2002071717.172.38$1,703
Dec 20012572316.932.36$2,133
Nov 2001074018.072.41$1,780
Oct 2001079519.782.53$2,010
Sep 2001077624.262.25$1,747
Aug 2001089624.873.05$2,736
Jul 2001083123.933.20$2,657
Jun 2001083024.563.82$3,174
May 20017286625.524.31$5,568
Apr 2001078024.685.34$4,162
Mar 2001074924.545.38$4,027
Feb 2001099727.755.77$5,750
Jan 200101,96027.478.40$16,462
Dec 200012091826.889.12$11,600
Nov 2000089432.215.66$5,058
Oct 2000087931.235.15$4,523
Sep 2000092931.875.19$4,818
Aug 20001521,06429.644.54$9,337
Jul 2000062328.534.09$2,548
Jun 2000053629.304.40$2,357
May 20001067527.263.68$2,756
Apr 2000078824.513.12$2,455
Mar 2000090428.422.86$2,585
Feb 2000085927.622.73$2,342
Jan 2000074625.272.48$1,850
Dec 1999079024.282.42$1,915
Nov 1999093123.192.43$2,266
Oct 1999077920.982.80$2,184
Sep 1999063321.752.62$1,658
Aug 1999052119.262.88$1,498
Jul 1999057517.892.37$1,364
Jun 1999045015.942.36$1,063
May 199916760615.792.32$4,043
Apr 1999049115.102.21$1,084
Mar 1999063812.471.84$1,173
Feb 199904459.981.82$809
Jan 1999060610.381.90$1,151
Dec 199805709.201.77$1,011
Nov 1998054310.892.19$1,187
Oct 1998076412.421.97$1,504
Sep 1998073812.592.08$1,537
Aug 1998067111.301.91$1,280
Jul 1998073611.742.24$1,647
Jun 1998074711.242.24$1,671
May 1998073112.622.21$1,613
Apr 199816367313.042.51$3,812
Mar 1998076812.802.31$1,774
Feb 1998072513.952.30$1,667
Jan 1998059914.702.15$1,291
Dec 1997064916.322.41$1,565
Nov 1997074318.193.09$2,295
Oct 1997071819.253.15$2,262
Sep 1997059117.742.95$1,746
Aug 1997049217.862.55$1,257
Jul 1997063317.582.25$1,422
Jun 1997073917.242.26$1,668
May 1997047418.972.31$1,094
Apr 199716553417.882.08$4,062
Mar 1997064218.951.94$1,245
Feb 1997645920.492.21$1,135
Jan 1997061623.483.54$2,180
Dec 1996080923.32$0
Nov 1996051421.97$0
Oct 1996092023.31$0
Sep 199617667022.22$3,911
Aug 1996075420.26$0
Jul 1996034519.55$0
Jun 1996042618.73$0
May 1996059019.43$0
Apr 1996050921.51$0
Mar 1996069419.38$0
Feb 199617976616.98$3,039
Jan 1996075817.07$0
Dec 1995082217.19$0
Nov 1995086616.00$0
Oct 1995097015.43$0
Sep 1995086316.18$0
Aug 1995068315.92$0
Jul 1995080015.24$0
Jun 1995067316.41$0
May 199516671917.56$2,915
Apr 1995069517.73$0
Mar 1995078716.44$0
Feb 1995072116.58$0
Jan 1995084915.92$0
Dec 199401,08415.03$0
Nov 199417167815.90$2,719
Oct 1994073615.58$0
Sep 1994069715.29$0
Aug 1994073316.13$0
Jul 1994082017.56$0
Jun 1994093517.09$0
May 1994090015.88$0
Apr 1994088514.14$0
Mar 1994092312.46$0
Feb 1994076712.50$0
Jan 199401,02212.66$0
Dec 199317582812.33$2,158
Nov 1993283414.49$29
Oct 1993095115.85$0
Sep 1993078215.03$0
Aug 1993079115.66$0
Jul 1993086715.46$0
Jun 1993086016.79$0
May 1993069817.68$0
Apr 1993074618.05$0
Mar 199317591018.14$3,175
Feb 1993073017.90$0
Jan 1993078616.93$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.

Jan 2019 — as filed, then multipliedworked
Condensate             0 bbl  × $ 46.03 =         $0
Gas                  466 Mcf  × $  3.23 =     $1,504

────────────────────────────────────────────────────
Month total                                   $1,504

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. 7C/G/106944 is the state's own key, not one this site invented.