NEWMONT "C"

Operated by LEGACY RESERVES OPERATING LP (P-5 495445) in the SPRABERRY (TREND AREA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 10924District 7CField 85279200NGPA filingOilCasinghead gasSaveExport
Value, all time
$1.2 M
Jan 1993 – Dec 2014
Value, last 12 filed months
$0
at the published price for each month
Months reported
264
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 7,461 leases and 22,481 wells, and the rule below applies to all of them.

Discovered
1904-12-31
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2016-03-08.

The Commission's schedule remark for this field reads: AREA) 85279200.

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
OilDisposition16,080 bbl$550,459
Casinghead gasProduction169,880 Mcf$606,851
Total$1,157,310

43,285 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 31.4996, -101.7212. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.49962, -101.72124 · 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
8,308 ft
1 wells filed one
Completion to plug
28.3 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 8,308 ft.

Completions filed
Jul 1984
1 of 1 wells
Plug dates filed
Oct 2012
1 of 1 wells

Last completion to plug: a median of 28.3 years across the 1 well that filed both dates, with the middle half between 28.3 years and 28.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3833300628,308 ftJul 1984Oct 2012Yes

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 (264)

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

264 months

Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20134097.423.78$390
Sep 201350104.113.72$521
Aug 201350104.253.52$521
Jul 201350102.523.72$513
Jun 20135094.403.93$472
May 20135094.834.15$474
Apr 20135093.964.28$470
Mar 201390093.623.91$8,426
Feb 20135091.233.42$456
Jan 20135091.603.42$458
Dec 20125086.773.42$434
Nov 20125086.953.62$435
Oct 201208589.383.40$289
Sep 201203394.672.92$96
Aug 2012036892.662.91$1,070
Jul 201217456185.133.02$16,507
Jun 2012054879.822.52$1,380
May 2012055591.612.49$1,381
Apr 20120543101.652.00$1,084
Mar 20120599105.052.22$1,331
Feb 2012169578101.102.57$18,572
Jan 2012059398.092.73$1,621
Dec 2011056496.873.24$1,827
Nov 2011052995.723.31$1,752
Oct 201113357384.983.65$13,393
Sep 2011056283.623.99$2,240
Aug 201116953183.404.15$16,298
Jul 2011045694.144.52$2,060
Jun 2011051992.904.64$2,408
May 2011041198.134.40$1,810
Apr 20110462105.964.33$2,002
Mar 2011049996.364.06$2,025
Feb 201116542585.644.18$15,907
Jan 2011044186.504.59$2,024
Dec 2010054085.734.35$2,348
Nov 2010050880.843.80$1,928
Oct 201016551378.103.51$14,687
Sep 2010050572.633.98$2,010
Aug 2010152173.684.42$2,376
Jul 201016550672.554.74$14,367
Jun 2010147870.364.91$2,418
May 2010146571.124.24$2,041
Apr 2010041781.694.12$1,719
Mar 2010048078.394.39$2,107
Feb 201016846373.585.44$14,881
Jan 2010153474.365.96$3,259
Dec 2009149171.445.48$2,764
Nov 200916548374.593.75$14,119
Oct 2009156072.544.11$2,374
Sep 2009050865.543.06$1,557
Aug 2009051067.423.22$1,641
Jul 200918651561.133.46$13,154
Jun 2009147666.163.90$1,920
May 2009051754.743.93$2,030
Apr 200916852146.773.59$9,726
Mar 2009154042.144.06$2,234
Feb 2009148332.814.63$2,271
Jan 2009146835.865.37$2,549
Dec 2008148337.105.98$2,924
Nov 200816856855.496.86$13,219
Oct 2008160775.246.92$4,277
Sep 20080619101.767.88$4,876
Aug 20080669114.228.48$5,675
Jul 20080681131.0811.39$7,756
Jun 2008128655131.3313.03$25,347
May 20080712123.1711.57$8,241
Apr 20082636110.3110.45$6,870
Mar 2008178655101.909.66$24,468
Feb 2008139892.538.77$3,583
Jan 2008257190.388.21$4,866
Dec 200718264988.337.30$20,815
Nov 2007064591.677.29$4,703
Oct 2007168582.856.92$4,824
Sep 2007267675.846.24$4,373
Aug 2007063269.066.39$4,037
Jul 2007071170.906.39$4,542
Jun 200717168962.007.55$15,803
May 2007070558.747.85$5,532
Apr 2007067959.617.81$5,300
Mar 200718169856.927.30$15,399
Feb 2007062955.108.22$5,168
Jan 2007069850.306.73$4,695
Dec 2006068556.656.92$4,739
Nov 200614566354.207.62$12,909
Oct 2006069354.906.01$4,168
Sep 2006067160.085.04$3,380
Aug 200617466968.717.34$16,866
Jul 2006068369.376.34$4,332
Jun 2006067266.286.38$4,290
May 2006069266.016.42$4,446
Apr 200616867664.397.36$15,793
Mar 2006071956.707.08$5,093
Feb 2006060957.597.75$4,720
Jan 200618067360.598.93$16,918
Dec 2005066054.9413.42$8,854
Nov 2005063854.6910.59$6,755
Oct 2005066058.3413.80$9,105
Sep 2005066061.4512.08$7,972
Aug 200517868361.519.80$17,640
Jul 2005160755.697.84$4,817
Jun 2005154552.337.38$4,075
May 2005052445.226.65$3,485
Apr 200517352349.207.36$12,361
Mar 2005154150.377.15$3,921
Feb 2005048845.226.31$3,080
Jan 200518253443.166.32$11,231
Dec 2004256639.866.75$3,901
Nov 2004253045.286.33$3,446
Oct 200417962049.706.52$12,936
Sep 2004260243.245.28$3,267
Aug 2004362342.375.55$3,585
Jul 20046381538.286.08$7,370
Jun 200418473636.106.43$11,377
May 2004172237.486.49$4,727
Apr 2004273834.475.86$4,392
Mar 200418376734.365.53$10,530
Feb 2004067132.455.51$3,697
Jan 200418775632.036.30$10,752
Dec 2003170930.266.30$4,498
Nov 2003173328.804.60$3,397
Oct 2003276428.174.76$3,693
Sep 200318162526.314.75$7,730
Aug 2003273429.765.13$3,825
Jul 200318476829.415.17$9,383
Jun 2003169828.565.98$4,205
May 2003057326.595.97$3,422
Apr 2003171426.675.41$3,887
Mar 200318565431.146.10$9,748
Feb 2003066333.487.93$5,255
Jan 2003069430.315.58$3,874
Dec 200218366326.914.85$8,143
Nov 2002266724.664.14$2,809
Oct 2002062226.464.23$2,631
Sep 200216668827.443.64$7,056
Aug 2002366725.963.16$2,188
Jul 2002076624.583.06$2,345
Jun 200218074323.733.34$6,752
May 2002174324.663.58$2,688
Apr 200218656823.653.51$6,394
Mar 2002283122.003.10$2,622
Feb 2002043018.222.38$1,022
Jan 2002262117.172.38$1,510
Dec 200118574016.932.36$4,882
Nov 2001073518.072.41$1,768
Oct 2001065119.782.53$1,646
Sep 200112863624.262.25$4,537
Aug 2001068424.873.05$2,088
Jul 200117872023.933.20$6,561
Jun 2001181524.563.82$3,141
May 2001178125.524.31$3,390
Apr 200114875824.685.34$7,697
Mar 2001068224.545.38$3,667
Feb 200115066827.755.77$8,015
Jan 2001084327.478.40$7,080
Dec 200015357626.889.12$9,367
Nov 200016183432.215.66$9,905
Oct 2000076031.235.15$3,911
Sep 2000072131.875.19$3,739
Aug 200017880229.644.54$8,918
Jul 2000080228.534.09$3,280
Jun 200018181029.304.40$8,865
May 2000087427.263.68$3,216
Apr 2000280424.513.12$2,554
Mar 200027980228.422.86$10,223
Feb 2000060927.622.73$1,660
Jan 2000064225.272.48$1,592
Dec 199917688224.282.42$6,411
Nov 1999186123.192.43$2,119
Oct 1999184520.982.80$2,390
Sep 199917488721.752.62$6,107
Aug 1999189319.262.88$2,587
Jul 1999297217.892.37$2,342
Jun 199916491615.942.36$4,778
May 1999088715.792.32$2,059
Apr 199918488715.102.21$4,737
Mar 1999088312.471.84$1,623
Feb 19991768359.981.82$3,274
Jan 1999096010.381.90$1,824
Dec 19981827849.201.77$3,065
Nov 1998088410.892.19$1,932
Oct 199810886012.421.97$3,035
Sep 199817091312.592.08$4,042
Aug 1998093311.301.91$1,780
Jul 199817894811.742.24$4,211
Jun 1998094511.242.24$2,114
May 1998097512.622.21$2,151
Apr 199817296113.042.51$4,651
Mar 1998088612.802.31$2,046
Feb 199817092213.952.30$4,491
Jan 199814899214.702.15$4,313
Dec 1997075916.322.41$1,830
Nov 1997080018.193.09$2,471
Oct 199717579419.253.15$5,870
Sep 1997080117.742.95$2,367
Aug 199717681417.862.55$5,223
Jul 1997059417.582.25$1,335
Jun 199715170817.242.26$4,201
May 199717890918.972.31$5,475
Apr 1997091217.882.08$1,900
Mar 199736486518.951.94$8,575
Feb 1997081720.492.21$1,802
Jan 1997092323.483.54$3,267
Dec 199635589023.32$8,279
Nov 1996086821.97$0
Oct 1996091023.31$0
Sep 1996083222.22$0
Aug 199617093220.26$3,444
Jul 1996089419.55$0
Jun 199617091618.73$3,184
May 199601,04019.43$0
Apr 199617095021.51$3,657
Mar 1996085919.38$0
Feb 199617476116.98$2,955
Jan 1996080317.07$0
Dec 199517391217.19$2,974
Nov 199517388616.00$2,768
Oct 199517196815.43$2,639
Sep 199516794716.18$2,702
Aug 1995097915.92$0
Jul 199501,10815.24$0
Jun 199516867316.41$2,757
May 199517882417.56$3,126
Apr 1995084217.73$0
Mar 199517197716.44$2,811
Feb 199517382716.58$2,868
Jan 1995090715.92$0
Dec 199417487315.03$2,615
Nov 199417085515.90$2,703
Oct 1994083415.58$0
Sep 199416386115.29$2,492
Aug 1994095916.13$0
Jul 19941691,00417.56$2,968
Jun 19941711,00517.09$2,922
May 199417098815.88$2,700
Apr 1994075614.14$0
Mar 199417497212.46$2,168
Feb 1994066212.50$0
Jan 19941711,03712.66$2,165
Dec 1993095412.33$0
Nov 199318083114.49$2,608
Oct 1993095715.85$0
Sep 199316794015.03$2,510
Aug 199317695815.66$2,756
Jul 199317394215.46$2,675
Jun 199301,02316.79$0
May 199317086817.68$3,006
Apr 199317887418.05$3,213
Mar 199317282718.14$3,120
Feb 1993086217.90$0
Jan 1993093816.93$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.

Oct 2013 — as filed, then multipliedworked
Oil                    4 bbl  × $ 97.42 =       $390
Casinghead gas         0 Mcf  × $  3.78 =         $0

────────────────────────────────────────────────────
Month total                                     $390

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/O/10924 is the state's own key, not one this site invented.