LACY

Name: LACY lease production and value, Jan 1996 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by LAREDO PETROLEUM, INC. (P-5 486610) 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 14331District 7CField 85279200OilCasinghead gasSave Export

Value, all time

$1.2 M

Jan 1996 – Aug 2017

Value, last 12 filed months

$15 k

at the published price for each month

Months reported

260

no gaps in the span

Streams

oil, casinghead gas

The SPRABERRY (TREND AREA) 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 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.”

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	20,599 bbl	$863,285
Casinghead gas	Production	79,319 Mcf	$346,799
Total			$1,210,084

6,892 Mcf of this lease's gas, across 11 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 31.5156, -101.3703. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.51556, -101.37029 · 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

100.0%

1 of 1 wells

Median depth

8,925 ft

1 wells filed one

Completion to plug

36.5 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 8,925 ft.

Completions filed

Feb 1981

1 of 1 wells

Plug dates filed

Aug 2017

1 of 1 wells

Last completion to plug: a median of 36.5 years across the 1 well that filed both dates, with the middle half between 36.5 years and 36.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-38331701	2	8,925 ft	Feb 1981	Aug 2017	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 (260)

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

260 months


Aug 2017	0	0	45.37	3.00	$0
Jul 2017	0	0	43.87	3.09	$0
Jun 2017	0	0	42.49	3.09	$0
May 2017	0	0	45.37	3.26	$0
Apr 2017	0	11	47.93	3.21	$35
Mar 2017	0	6	46.77	2.98	$18
Feb 2017	0	0	50.45	2.95	$0
Jan 2017	126	2	49.41	3.42	$6,233
Dec 2016	0	7	48.76	3.72	$26
Nov 2016	0	6	42.49	2.64	$16
Oct 2016	0	106	46.19	3.09	$328
Sep 2016	183	123	41.55	3.10	$7,985
Aug 2016	0	135	41.44	2.92	$395
Jul 2016	3	146	41.62	2.92	$552
Jun 2016	0	136	45.35	2.69	$365
May 2016	175	140	42.52	1.99	$7,720
Apr 2016	1	132	36.56	1.99	$299
Mar 2016	0	152	33.01	1.79	$273
Feb 2016	179	66	26.47	2.06	$4,874
Jan 2016	0	27	27.35	2.36	$64
Dec 2015	0	30	32.36	2.00	$60
Nov 2015	0	97	38.79	2.17	$210
Oct 2015	174	112	43.55	2.43	$7,849
Sep 2015	2	115	42.99	2.76	$403
Aug 2015	0	116	40.16	2.87	$333
Jul 2015	0	30	48.15	2.95	$88
Jun 2015	174	83	56.15	2.88	$10,009
May 2015	0	110	55.21	2.96	$325
Apr 2015	0	131	49.82	2.71	$355
Mar 2015	339	164	42.89	2.93	$15,021
Feb 2015	0	198	44.66	2.98	$589
Jan 2015	1	0	43.43	3.10	$43
Dec 2014	0	197	54.69	3.59	$708
Nov 2014	0	164	70.46	4.25	$697
Oct 2014	0	136	78.30	3.90	$531
Sep 2014	0	58	86.16	4.05	$235
Aug 2014	2	0	89.39	4.04	$179
Jul 2014	186	0	96.56	4.18	$17,960
Jun 2014	0	0	98.16	4.74	$0
May 2014	177	8	94.73	4.73	$16,805
Apr 2014	187	43	95.94	4.81	$18,148
Mar 2014	0	0	95.89	5.06	$0
Feb 2014	0	0	97.40	6.19	$0
Jan 2014	0	0	90.40	4.86	$0
Dec 2013	0	9	91.82	4.35	$39
Nov 2013	0	28	88.85	3.74	$105
Oct 2013	0	40	97.42	3.78	$151
Sep 2013	0	85	104.11	3.72	$316
Aug 2013	3	187	104.25	3.52	$971
Jul 2013	0	7	102.52	3.72	$26
Jun 2013	0	24	94.40	3.93	$94
May 2013	180	11	94.83	4.15	$17,115
Apr 2013	0	40	93.96	4.28	$171
Mar 2013	0	79	93.62	3.91	$309
Feb 2013	181	150	91.23	3.42	$17,026
Jan 2013	0	18	91.60	3.42	$62
Dec 2012	0	0	86.77	3.42	$0
Nov 2012	184	0	86.95	3.62	$15,999
Oct 2012	0	0	89.38	3.40	$0
Sep 2012	0	0	94.67	2.92	$0
Aug 2012	1	0	92.66	2.91	$93
Jul 2012	183	6	85.13	3.02	$15,597
Jun 2012	0	212	79.82	2.52	$534
May 2012	0	166	91.61	2.49	$413
Apr 2012	362	100	101.65	2.00	$36,997
Mar 2012	0	99	105.05	2.22	$220
Feb 2012	0	107	101.10	2.57	$275
Jan 2012	0	192	98.09	2.73	$525
Dec 2011	0	380	96.87	3.24	$1,231
Nov 2011	0	155	95.72	3.31	$513
Oct 2011	0	303	84.98	3.65	$1,106
Sep 2011	357	338	83.62	3.99	$31,200
Aug 2011	0	68	83.40	4.15	$282
Jul 2011	0	7	94.14	4.52	$32
Jun 2011	179	49	92.90	4.64	$16,856
May 2011	184	370	98.13	4.40	$19,686
Apr 2011	0	0	105.96	4.33	$0
Mar 2011	0	7	96.36	4.06	$28
Feb 2011	0	129	85.64	4.18	$539
Jan 2011	0	264	86.50	4.59	$1,211
Dec 2010	0	0	85.73	4.35	$0
Nov 2010	0	0	80.84	3.80	$0
Oct 2010	0	0	78.10	3.51	$0
Sep 2010	0	0	72.63	3.98	$0
Aug 2010	176	154	73.68	4.42	$13,648
Jul 2010	0	145	72.55	4.74	$687
Jun 2010	0	0	70.36	4.91	$0
May 2010	0	7	71.12	4.24	$30
Apr 2010	154	40	81.69	4.12	$12,745
Mar 2010	181	198	78.39	4.39	$15,058
Feb 2010	0	98	73.58	5.44	$533
Jan 2010	0	328	74.36	5.96	$1,956
Dec 2009	0	64	71.44	5.48	$351
Nov 2009	0	176	74.59	3.75	$660
Oct 2009	152	337	72.54	4.11	$12,411
Sep 2009	0	342	65.54	3.06	$1,048
Aug 2009	180	393	67.42	3.22	$13,400
Jul 2009	177	433	61.13	3.46	$12,320
Jun 2009	0	135	66.16	3.90	$526
May 2009	0	128	54.74	3.93	$503
Apr 2009	0	335	46.77	3.59	$1,202
Mar 2009	180	261	42.14	4.06	$8,645
Feb 2009	0	193	32.81	4.63	$894
Jan 2009	178	352	35.86	5.37	$8,274
Dec 2008	0	316	37.10	5.98	$1,889
Nov 2008	176	408	55.49	6.86	$12,565
Oct 2008	0	33	75.24	6.92	$228
Sep 2008	0	90	101.76	7.88	$709
Aug 2008	0	280	114.22	8.48	$2,375
Jul 2008	365	387	131.08	11.39	$52,252
Jun 2008	0	338	131.33	13.03	$4,405
May 2008	0	125	123.17	11.57	$1,447
Apr 2008	0	216	110.31	10.45	$2,258
Mar 2008	0	164	101.90	9.66	$1,585
Feb 2008	0	228	92.53	8.77	$2,000
Jan 2008	0	330	90.38	8.21	$2,708
Dec 2007	354	364	88.33	7.30	$33,927
Nov 2007	0	356	91.67	7.29	$2,596
Oct 2007	0	393	82.85	6.92	$2,720
Sep 2007	0	325	75.84	6.24	$2,029
Aug 2007	177	305	69.06	6.39	$14,172
Jul 2007	0	418	70.90	6.39	$2,670
Jun 2007	0	0	62.00	7.55	$0
May 2007	0	292	58.74	7.85	$2,291
Apr 2007	171	313	59.61	7.81	$12,636
Mar 2007	182	341	56.92	7.30	$12,849
Feb 2007	0	339	55.10	8.22	$2,785
Jan 2007	0	342	50.30	6.73	$2,301
Dec 2006	0	373	56.65	6.92	$2,581
Nov 2006	184	360	54.20	7.62	$12,715
Oct 2006	0	374	54.90	6.01	$2,249
Sep 2006	179	367	60.08	5.04	$12,603
Aug 2006	0	377	68.71	7.34	$2,767
Jul 2006	0	398	69.37	6.34	$2,524
Jun 2006	178	357	66.28	6.38	$14,077
May 2006	0	378	66.01	6.42	$2,429
Apr 2006	185	378	64.39	7.36	$14,694
Mar 2006	0	393	56.70	7.08	$2,784
Feb 2006	183	373	57.59	7.75	$13,430
Jan 2006	0	397	60.59	8.93	$3,547
Dec 2005	0	400	54.94	13.42	$5,366
Nov 2005	179	389	54.69	10.59	$13,908
Oct 2005	0	439	58.34	13.80	$6,056
Sep 2005	179	420	61.45	12.08	$16,073
Aug 2005	0	440	61.51	9.80	$4,311
Jul 2005	0	445	55.69	7.84	$3,490
Jun 2005	152	433	52.33	7.38	$11,150
May 2005	0	443	45.22	6.65	$2,946
Apr 2005	179	462	49.20	7.36	$12,207
Mar 2005	0	384	50.37	7.15	$2,747
Feb 2005	183	378	45.22	6.31	$10,661
Jan 2005	181	443	43.16	6.32	$10,613
Dec 2004	185	480	39.86	6.75	$10,615
Nov 2004	0	282	45.28	6.33	$1,785
Oct 2004	0	370	49.70	6.52	$2,411
Sep 2004	179	441	43.24	5.28	$10,070
Aug 2004	0	464	42.37	5.55	$2,576
Jul 2004	0	453	38.28	6.08	$2,756
Jun 2004	0	470	36.10	6.43	$3,024
May 2004	183	484	37.48	6.49	$10,002
Apr 2004	0	475	34.47	5.86	$2,783
Mar 2004	0	490	34.36	5.53	$2,710
Feb 2004	0	462	32.45	5.51	$2,545
Jan 2004	163	481	32.03	6.30	$8,251
Dec 2003	185	484	30.26	6.30	$8,648
Nov 2003	0	474	28.80	4.60	$2,178
Oct 2003	0	490	28.17	4.76	$2,332
Sep 2003	181	476	26.31	4.75	$7,023
Aug 2003	0	509	29.76	5.13	$2,611
Jul 2003	182	504	29.41	5.17	$7,959
Jun 2003	0	486	28.56	5.98	$2,908
May 2003	0	527	26.59	5.97	$3,148
Apr 2003	149	511	26.67	5.41	$6,737
Mar 2003	0	525	31.14	6.10	$3,200
Feb 2003	372	457	33.48	7.93	$16,077
Jan 2003	0	504	30.31	5.58	$2,813
Dec 2002	0	520	26.91	4.85	$2,524
Nov 2002	0	497	24.66	4.14	$2,056
Oct 2002	182	461	26.46	4.23	$6,765
Sep 2002	0	500	27.44	3.64	$1,818
Aug 2002	191	502	25.96	3.16	$6,547
Jul 2002	0	526	24.58	3.06	$1,610
Jun 2002	0	498	23.73	3.34	$1,662
May 2002	168	503	24.66	3.58	$5,946
Apr 2002	183	560	23.65	3.51	$6,295
Mar 2002	0	603	22.00	3.10	$1,871
Feb 2002	189	431	18.22	2.38	$4,468
Jan 2002	0	447	17.17	2.38	$1,062
Dec 2001	0	548	16.93	2.36	$1,296
Nov 2001	190	526	18.07	2.41	$4,699
Oct 2001	0	518	19.78	2.53	$1,310
Sep 2001	0	551	24.26	2.25	$1,240
Aug 2001	185	579	24.87	3.05	$6,369
Jul 2001	0	582	23.93	3.20	$1,861
Jun 2001	186	554	24.56	3.82	$6,687
May 2001	0	563	25.52	4.31	$2,425
Apr 2001	181	542	24.68	5.34	$7,359
Mar 2001	181	553	24.54	5.38	$7,415
Feb 2001	0	498	27.75	5.77	$2,872
Jan 2001	190	532	27.47	8.40	$9,687
Dec 2000	0	541	26.88	9.12	$4,935
Nov 2000	190	515	32.21	5.66	$9,034
Oct 2000	0	543	31.23	5.15	$2,794
Sep 2000	173	524	31.87	5.19	$8,231
Aug 2000	0	532	29.64	4.54	$2,416
Jul 2000	182	531	28.53	4.09	$7,364
Jun 2000	0	505	29.30	4.40	$2,221
May 2000	184	555	27.26	3.68	$7,058
Apr 2000	175	558	24.51	3.12	$6,028
Mar 2000	0	500	28.42	2.86	$1,430
Feb 2000	185	450	27.62	2.73	$6,337
Jan 2000	187	532	25.27	2.48	$6,045
Dec 1999	0	445	24.28	2.42	$1,079
Nov 1999	182	446	23.19	2.43	$5,306
Oct 1999	183	466	20.98	2.80	$5,146
Sep 1999	0	411	21.75	2.62	$1,076
Aug 1999	183	427	19.26	2.88	$4,752
Jul 1999	184	424	17.89	2.37	$4,298
Jun 1999	0	422	15.94	2.36	$997
May 1999	185	460	15.79	2.32	$3,989
Apr 1999	184	403	15.10	2.21	$3,668
Mar 1999	0	420	12.47	1.84	$772
Feb 1999	188	379	9.98	1.82	$2,565
Jan 1999	188	445	10.38	1.90	$2,797
Dec 1998	0	408	9.20	1.77	$724
Nov 1998	183	351	10.89	2.19	$2,760
Oct 1998	185	439	12.42	1.97	$3,162
Sep 1998	0	386	12.59	2.08	$804
Aug 1998	185	438	11.30	1.91	$2,926
Jul 1998	0	468	11.74	2.24	$1,047
Jun 1998	184	469	11.24	2.24	$3,117
May 1998	183	412	12.62	2.21	$3,218
Apr 1998	185	450	13.04	2.51	$3,540
Mar 1998	0	305	12.80	2.31	$704
Feb 1998	0	281	13.95	2.30	$646
Jan 1998	189	400	14.70	2.15	$3,640
Dec 1997	192	436	16.32	2.41	$4,185
Nov 1997	192	395	18.19	3.09	$4,712
Oct 1997	0	450	19.25	3.15	$1,417
Sep 1997	184	413	17.74	2.95	$4,485
Aug 1997	191	414	17.86	2.55	$4,469
Jul 1997	0	420	17.58	2.25	$944
Jun 1997	188	416	17.24	2.26	$4,180
May 1997	184	465	18.97	2.31	$4,564
Apr 1997	0	450	17.88	2.08	$937
Mar 1997	188	469	18.95	1.94	$4,472
Feb 1997	185	438	20.49	2.21	$4,757
Jan 1997	189	487	23.48	3.54	$6,162
Dec 1996	184	481	23.32	—	$4,291
Nov 1996	0	553	21.97	—	$0
Oct 1996	368	627	23.31	—	$8,578
Sep 1996	0	595	22.22	—	$0
Aug 1996	182	674	20.26	—	$3,687
Jul 1996	181	727	19.55	—	$3,539
Jun 1996	180	749	18.73	—	$3,371
May 1996	361	696	19.43	—	$7,014
Apr 1996	189	565	21.51	—	$4,065
Mar 1996	548	620	19.38	—	$10,620
Feb 1996	373	605	16.98	—	$6,334
Jan 1996	0	0	17.07	—	$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.

Apr 2017 — as filed, then multipliedworked

Oil                    0 bbl  × $ 47.93 =         $0
Casinghead gas        11 Mcf  × $  3.21 =        $35

────────────────────────────────────────────────────
Month total                                      $35

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/14331 is the state's own key, not one this site invented.