STOWE

Name: STOWE lease production and value, May 1997 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

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

Oil lease lease 14567District 7CField 32011001OilCasinghead gasSave

Value, all time

$2.3 M

May 1997 – Dec 2001

Value, last 12 filed months

$70 k

at the published price for each month

Months reported

no gaps in the span

Streams

oil, casinghead gas

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	118,100 bbl	$1,988,275
Casinghead gas	Production	107,767 Mcf	$303,702
Total			$2,291,977

Wells on this lease (6)

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 32.0031, -100.2662. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.7 miles.

32.00376, -100.26753 · 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%

6 of 6 wells

With a plug date

100.0%

6 of 6 wells

Median depth

5,635 ft

6 wells filed one

Completion to plug

8.1 years

median over 5 wells

What the state filed about each well

On the RRC proration schedule

6100.0%

A plug date is filed

6100.0%

BothOn the schedule and plugged. Neither fact cancels the other.

6100.0%

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 5,600 and 5,683 ft, median 5,635 ft, over the 6 wells that filed a depth.

Completions filed

Jul 1997 – Feb 2003

6 of 6 wells

Plug dates filed

Oct 1996 – Aug 2008

6 of 6 wells

Last completion to plug: a median of 8.1 years across the 5 wells that filed both dates, with the middle half between 5.7 years and 9.6 years. A further 1 well is excluded, because the last completion the Commission holds for it is dated after the plug date. Both dates are the latest of their kind on the wellbore record and they are filed separately, so the two need not run in order. The gap is the distance between two filed dates — it is not a statement of how long the well produced.

6 wells


42-08131736	1	5,640 ft	Feb 2003	Jul 2008	Yes
42-08131575	1WW	5,600 ft	Jun 2001	Oct 1996	Yes
42-08131788	6	5,683 ft	Jun 2000	Jul 2008	Yes
42-08131757	3	5,616 ft	Oct 1999	Jun 2005	Yes
42-08131771	4	5,650 ft	Dec 1998	Jul 2008	Yes
42-08131744	2	5,630 ft	Jul 1997	Aug 2008	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 (56)

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

56 months


Dec 2001	0	0	16.93	2.36	$0
Nov 2001	0	0	18.07	2.41	$0
Oct 2001	0	0	19.78	2.53	$0
Sep 2001	0	0	24.26	2.25	$0
Aug 2001	438	162	24.87	3.05	$11,388
Jul 2001	173	165	23.93	3.20	$4,667
Jun 2001	290	177	24.56	3.82	$7,799
May 2001	270	187	25.52	4.31	$7,696
Apr 2001	250	234	24.68	5.34	$7,418
Mar 2001	451	223	24.54	5.38	$12,266
Feb 2001	179	237	27.75	5.77	$6,334
Jan 2001	343	315	27.47	8.40	$12,068
Dec 2000	525	2,860	26.88	9.12	$40,202
Nov 2000	377	339	32.21	5.66	$14,061
Oct 2000	724	820	31.23	5.15	$26,830
Sep 2000	534	1,167	31.87	5.19	$23,071
Aug 2000	948	1,612	29.64	4.54	$35,418
Jul 2000	861	2,086	28.53	4.09	$33,096
Jun 2000	1,283	1,913	29.30	4.40	$46,004
May 2000	747	1,838	27.26	3.68	$27,127
Apr 2000	1,072	2,195	24.51	3.12	$33,114
Mar 2000	1,259	2,606	28.42	2.86	$43,233
Feb 2000	1,247	2,603	27.62	2.73	$41,539
Jan 2000	1,778	2,878	25.27	2.48	$52,069
Dec 1999	1,421	3,071	24.28	2.42	$41,945
Nov 1999	1,730	3,181	23.19	2.43	$47,861
Oct 1999	1,776	3,514	20.98	2.80	$47,113
Sep 1999	2,110	3,886	21.75	2.62	$56,069
Aug 1999	1,908	4,016	19.26	2.88	$48,296
Jul 1999	2,251	4,247	17.89	2.37	$50,346
Jun 1999	2,307	3,934	15.94	2.36	$46,066
May 1999	2,476	3,836	15.79	2.32	$47,999
Apr 1999	2,634	3,728	15.10	2.21	$48,005
Mar 1999	3,038	3,151	12.47	1.84	$43,676
Feb 1999	2,833	2,970	9.98	1.82	$33,672
Jan 1999	3,478	1,826	10.38	1.90	$39,571
Dec 1998	2,152	1,279	9.20	1.77	$22,066
Nov 1998	2,305	1,478	10.89	2.19	$28,332
Oct 1998	2,461	1,708	12.42	1.97	$33,929
Sep 1998	2,829	1,721	12.59	2.08	$39,201
Aug 1998	2,651	1,766	11.30	1.91	$33,325
Jul 1998	2,820	1,983	11.74	2.24	$37,543
Jun 1998	3,347	2,403	11.24	2.24	$42,996
May 1998	3,384	2,347	12.62	2.21	$47,884
Apr 1998	3,887	2,508	13.04	2.51	$56,970
Mar 1998	3,355	2,159	12.80	2.31	$47,930
Feb 1998	4,308	2,299	13.95	2.30	$65,382
Jan 1998	5,656	3,063	14.70	2.15	$89,743
Dec 1997	4,024	1,947	16.32	2.41	$70,366
Nov 1997	4,717	2,118	18.19	3.09	$92,343
Oct 1997	3,740	1,463	19.25	3.15	$76,603
Sep 1997	5,532	2,821	17.74	2.95	$106,473
Aug 1997	6,416	3,793	17.86	2.55	$124,280
Jul 1997	4,561	2,193	17.58	2.25	$85,110
Jun 1997	4,122	2,133	17.24	2.26	$75,878
May 1997	4,122	608	18.97	2.31	$79,598

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 2001 — as filed, then multipliedworked

Oil                  438 bbl  × $ 24.87 =    $10,893
Casinghead gas       162 Mcf  × $  3.05 =       $495

────────────────────────────────────────────────────
Month total                                  $11,388

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/14567 is the state's own key, not one this site invented.