LANEY B

Name: LANEY B lease production and value, Nov 1998 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by SUMMIT PETROLEUM LLC (P-5 829221) in the AMACKER-TIPPETT, SW (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 14842District 7CField 02220700OilCasinghead gasSave Export

Value, all time

$24.2 M

Nov 1998 – Sep 2014

Value, last 12 filed months

$104 k

at the published price for each month

Months reported

191

no gaps in the span

Streams

oil, casinghead gas

The AMACKER-TIPPETT, SW (WOLFCAMP) 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 94 leases and 140 wells, and the rule below applies to all of them.

Discovered

1977-05-29

as the register files it

Field class

Oil and gas

the register's own label

Between wells

1,320 ft

minimum

From a lease line

660 ft

minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 1996-05-01.

The Commission's schedule remark for this field reads: “AOF-1 AND AOF-2 EFFECTIVE 05/01/2002.”

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	689,113 bbl	$19,174,795
Casinghead gas	Production	1,072,916 Mcf	$5,065,189
Total			$24,239,985

Wells on this lease (2)

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 31.3612, -102.0623. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.8 miles.

31.36122, -102.06230 · 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%

2 of 2 wells

With a plug date

100.0%

2 of 2 wells

Median depth

9,083 ft

2 wells filed one

Completion to plug

2.9 years

median over 2 wells

What the state filed about each well

On the RRC proration schedule

2100.0%

A plug date is filed

2100.0%

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

2100.0%

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 8,065 and 10,100 ft, median 9,083 ft, over the 2 wells that filed a depth.

Completions filed

Jan 2014 – Dec 2016

2 of 2 wells

Plug dates filed

Jan 2018 – Sep 2018

2 of 2 wells

Last completion to plug: a median of 2.9 years across the 2 wells that filed both dates, with the middle half between 2.0 years and 3.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells


42-46133954	1	10,100 ft	Dec 2016	Jan 2018	Yes
42-46134048	2	8,065 ft	Jan 2014	Sep 2018	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 (191)

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

191 months


Sep 2014	0	0	86.16	4.05	$0
Aug 2014	0	0	89.39	4.04	$0
Jul 2014	59	0	96.56	4.18	$5,697
Jun 2014	0	0	98.16	4.74	$0
May 2014	315	0	94.73	4.73	$29,840
Apr 2014	2	350	95.94	4.81	$1,875
Mar 2014	176	433	95.89	5.06	$19,066
Feb 2014	389	732	97.40	6.19	$42,421
Jan 2014	4	0	90.40	4.86	$362
Dec 2013	1	0	91.82	4.35	$92
Nov 2013	12	0	88.85	3.74	$1,066
Oct 2013	31	78	97.42	3.78	$3,315
Sep 2013	214	109	104.11	3.72	$22,685
Aug 2013	25	142	104.25	3.52	$3,106
Jul 2013	0	163	102.52	3.72	$606
Jun 2013	1	161	94.40	3.93	$728
May 2013	182	106	94.83	4.15	$17,699
Apr 2013	0	48	93.96	4.28	$206
Mar 2013	30	90	93.62	3.91	$3,161
Feb 2013	180	94	91.23	3.42	$16,743
Jan 2013	0	90	91.60	3.42	$308
Dec 2012	0	91	86.77	3.42	$311
Nov 2012	0	143	86.95	3.62	$518
Oct 2012	351	191	89.38	3.40	$32,022
Sep 2012	91	172	94.67	2.92	$9,117
Aug 2012	124	229	92.66	2.91	$12,156
Jul 2012	314	625	85.13	3.02	$28,619
Jun 2012	202	453	79.82	2.52	$17,265
May 2012	58	218	91.61	2.49	$5,856
Apr 2012	283	436	101.65	2.00	$29,638
Mar 2012	107	638	105.05	2.22	$12,658
Feb 2012	197	168	101.10	2.57	$20,349
Jan 2012	229	174	98.09	2.73	$22,938
Dec 2011	301	150	96.87	3.24	$29,644
Nov 2011	69	161	95.72	3.31	$7,138
Oct 2011	161	56	84.98	3.65	$13,886
Sep 2011	137	75	83.62	3.99	$11,755
Aug 2011	192	99	83.40	4.15	$16,424
Jul 2011	217	135	94.14	4.52	$21,038
Jun 2011	264	138	92.90	4.64	$25,166
May 2011	270	126	98.13	4.40	$27,050
Apr 2011	228	102	105.96	4.33	$24,601
Mar 2011	308	85	96.36	4.06	$30,024
Feb 2011	202	253	85.64	4.18	$18,357
Jan 2011	229	39	86.50	4.59	$19,987
Dec 2010	199	199	85.73	4.35	$17,925
Nov 2010	192	91	80.84	3.80	$15,867
Oct 2010	251	93	78.10	3.51	$19,929
Sep 2010	234	30	72.63	3.98	$17,115
Aug 2010	154	39	73.68	4.42	$11,519
Jul 2010	101	7	72.55	4.74	$7,361
Jun 2010	23	0	70.36	4.91	$1,618
May 2010	138	0	71.12	4.24	$9,815
Apr 2010	188	0	81.69	4.12	$15,358
Mar 2010	229	0	78.39	4.39	$17,951
Feb 2010	167	0	73.58	5.44	$12,288
Jan 2010	74	0	74.36	5.96	$5,503
Dec 2009	138	0	71.44	5.48	$9,859
Nov 2009	265	0	74.59	3.75	$19,766
Oct 2009	315	7	72.54	4.11	$22,879
Sep 2009	334	92	65.54	3.06	$22,172
Aug 2009	324	912	67.42	3.22	$24,779
Jul 2009	329	1,131	61.13	3.46	$24,030
Jun 2009	442	996	66.16	3.90	$33,122
May 2009	537	802	54.74	3.93	$32,544
Apr 2009	404	594	46.77	3.59	$21,026
Mar 2009	507	1,333	42.14	4.06	$26,776
Feb 2009	307	1,932	32.81	4.63	$19,024
Jan 2009	379	1,884	35.86	5.37	$23,710
Dec 2008	567	3,122	37.10	5.98	$39,696
Nov 2008	448	1,611	55.49	6.86	$35,912
Oct 2008	468	1,817	75.24	6.92	$47,790
Sep 2008	553	1,011	101.76	7.88	$64,237
Aug 2008	539	278	114.22	8.48	$63,923
Jul 2008	606	0	131.08	11.39	$79,434
Jun 2008	335	1	131.33	13.03	$44,009
May 2008	615	183	123.17	11.57	$77,868
Apr 2008	382	172	110.31	10.45	$43,937
Mar 2008	609	198	101.90	9.66	$63,971
Feb 2008	575	207	92.53	8.77	$55,020
Jan 2008	705	931	90.38	8.21	$71,357
Dec 2007	649	889	88.33	7.30	$63,818
Nov 2007	613	775	91.67	7.29	$61,845
Oct 2007	642	900	82.85	6.92	$59,419
Sep 2007	628	1,261	75.84	6.24	$55,501
Aug 2007	760	1,081	69.06	6.39	$59,391
Jul 2007	463	885	70.90	6.39	$38,480
Jun 2007	539	1,188	62.00	7.55	$42,386
May 2007	918	1,804	58.74	7.85	$68,078
Apr 2007	569	1,738	59.61	7.81	$47,484
Mar 2007	706	1,940	56.92	7.30	$54,351
Feb 2007	815	2,124	55.10	8.22	$62,357
Jan 2007	789	2,569	50.30	6.73	$56,968
Dec 2006	718	2,543	56.65	6.92	$58,268
Nov 2006	871	3,130	54.20	7.62	$71,051
Oct 2006	693	3,254	54.90	6.01	$57,615
Sep 2006	755	2,580	60.08	5.04	$58,356
Aug 2006	876	2,914	68.71	7.34	$81,578
Jul 2006	762	3,218	69.37	6.34	$73,271
Jun 2006	804	3,404	66.28	6.38	$75,020
May 2006	790	3,465	66.01	6.42	$74,411
Apr 2006	842	3,638	64.39	7.36	$80,994
Mar 2006	921	3,945	56.70	7.08	$80,163
Feb 2006	912	3,629	57.59	7.75	$80,651
Jan 2006	1,027	4,201	60.59	8.93	$99,755
Dec 2005	1,036	3,959	54.94	13.42	$110,029
Nov 2005	999	3,887	54.69	10.59	$95,792
Oct 2005	1,106	4,730	58.34	13.80	$129,778
Sep 2005	863	5,100	61.45	12.08	$114,634
Aug 2005	1,047	5,377	61.51	9.80	$117,079
Jul 2005	1,022	5,479	55.69	7.84	$99,890
Jun 2005	1,201	5,915	52.33	7.38	$106,507
May 2005	1,009	5,809	45.22	6.65	$84,264
Apr 2005	1,061	6,266	49.20	7.36	$98,322
Mar 2005	1,064	6,275	50.37	7.15	$98,491
Feb 2005	852	5,720	45.22	6.31	$74,632
Jan 2005	1,159	5,538	43.16	6.32	$85,035
Dec 2004	1,285	5,463	39.86	6.75	$88,101
Nov 2004	1,384	5,133	45.28	6.33	$95,162
Oct 2004	1,282	5,989	49.70	6.52	$102,734
Sep 2004	1,307	6,143	43.24	5.28	$88,974
Aug 2004	1,512	6,243	42.37	5.55	$98,716
Jul 2004	1,591	5,854	38.28	6.08	$96,520
Jun 2004	1,565	5,493	36.10	6.43	$91,833
May 2004	1,532	4,206	37.48	6.49	$84,736
Apr 2004	1,594	4,884	34.47	5.86	$83,558
Mar 2004	1,697	3,919	34.36	5.53	$79,982
Feb 2004	1,758	4,436	32.45	5.51	$81,488
Jan 2004	1,986	6,288	32.03	6.30	$103,224
Dec 2003	2,126	7,371	30.26	6.30	$110,782
Nov 2003	2,182	7,013	28.80	4.60	$95,067
Oct 2003	2,273	7,118	28.17	4.76	$97,910
Sep 2003	1,620	5,577	26.31	4.75	$69,109
Aug 2003	2,302	7,519	29.76	5.13	$107,078
Jul 2003	2,449	7,075	29.41	5.17	$108,609
Jun 2003	1,686	7,071	28.56	5.98	$90,458
May 2003	2,379	7,587	26.59	5.97	$108,572
Apr 2003	2,635	7,323	26.67	5.41	$109,873
Mar 2003	2,907	9,882	31.14	6.10	$150,765
Feb 2003	2,822	7,271	33.48	7.93	$152,110
Jan 2003	3,122	8,381	30.31	5.58	$141,411
Dec 2002	3,135	8,499	26.91	4.85	$125,615
Nov 2002	3,470	8,519	24.66	4.14	$120,813
Oct 2002	3,577	8,786	26.46	4.23	$131,804
Sep 2002	3,710	8,774	27.44	3.64	$133,698
Aug 2002	3,823	9,225	25.96	3.16	$128,434
Jul 2002	4,146	9,747	24.58	3.06	$131,752
Jun 2002	3,686	9,048	23.73	3.34	$117,673
May 2002	3,914	9,744	24.66	3.58	$131,442
Apr 2002	4,058	9,462	23.65	3.51	$129,205
Mar 2002	4,221	9,559	22.00	3.10	$122,521
Feb 2002	4,561	9,602	18.22	2.38	$105,913
Jan 2002	4,716	10,678	17.17	2.38	$106,341
Dec 2001	3,884	10,496	16.93	2.36	$90,573
Nov 2001	3,321	10,416	18.07	2.41	$85,066
Oct 2001	6,687	26,785	19.78	2.53	$200,005
Sep 2001	7,382	29,681	24.26	2.25	$245,909
Aug 2001	9,457	34,602	24.87	3.05	$340,841
Jul 2001	11,046	35,784	23.93	3.20	$378,735
Jun 2001	10,389	28,886	24.56	3.82	$365,619
May 2001	14,049	40,821	25.52	4.31	$534,360
Apr 2001	13,157	35,450	24.68	5.34	$513,852
Mar 2001	16,327	42,456	24.54	5.38	$628,927
Feb 2001	16,203	37,431	27.75	5.77	$665,501
Jan 2001	17,863	29,484	27.47	8.40	$738,326
Dec 2000	18,195	22,652	26.88	9.12	$695,724
Nov 2000	19,618	19,590	32.21	5.66	$742,736
Oct 2000	17,926	15,544	31.23	5.15	$639,811
Sep 2000	19,253	14,059	31.87	5.19	$686,510
Aug 2000	23,519	13,186	29.64	4.54	$756,977
Jul 2000	27,272	14,466	28.53	4.09	$837,232
Jun 2000	24,329	12,974	29.30	4.40	$769,890
May 2000	27,103	15,451	27.26	3.68	$795,684
Apr 2000	30,312	17,497	24.51	3.12	$797,468
Mar 2000	19,841	11,677	28.42	2.86	$597,275
Feb 2000	13,035	7,222	27.62	2.73	$379,717
Jan 2000	12,610	8,998	25.27	2.48	$340,974
Dec 1999	13,512	9,097	24.28	2.42	$350,120
Nov 1999	11,140	7,407	23.19	2.43	$276,365
Oct 1999	11,030	7,017	20.98	2.80	$251,083
Sep 1999	11,687	7,782	21.75	2.62	$274,572
Aug 1999	12,511	8,597	19.26	2.88	$265,683
Jul 1999	13,650	9,577	17.89	2.37	$266,919
Jun 1999	13,245	9,608	15.94	2.36	$233,820
May 1999	12,891	10,209	15.79	2.32	$227,244
Apr 1999	12,938	10,472	15.10	2.21	$218,487
Mar 1999	13,253	11,389	12.47	1.84	$186,202
Feb 1999	11,795	10,233	9.98	1.82	$136,316
Jan 1999	12,057	10,707	10.38	1.90	$145,494
Dec 1998	7,056	4,412	9.20	1.77	$72,739
Nov 1998	6,288	7,563	10.89	2.19	$85,007

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.

Jul 2014 — as filed, then multipliedworked

Oil                   59 bbl  × $ 96.56 =     $5,697
Casinghead gas         0 Mcf  × $  4.18 =         $0

────────────────────────────────────────────────────
Month total                                   $5,697

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/14842 is the state's own key, not one this site invented.