MORRIS

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 14948District 7CField 32011001Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$936 k
Jan 2000 – Dec 2001
Value, last 12 filed months
$166 k
at the published price for each month
Months reported
24
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 38 leases and 328 wells, and the rule below applies to all of them.

Discovered
1949-06-14
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2022-07-01.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: ALLOCATION FORMULA EFFECTIVE 07/01/2022.

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
OilDisposition26,667 bbl$741,689
Casinghead gasProduction44,556 Mcf$194,186
Total$935,875

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 31.9989, -100.2702. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.99888, -100.27018 · 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
5,660 ft
1 wells filed one
Completion to plug
8.5 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 5,660 ft.

Completions filed
Jan 2000
1 of 1 wells
Plug dates filed
Jul 2008
1 of 1 wells

Last completion to plug: a median of 8.5 years across the 1 well that filed both dates, with the middle half between 8.5 years and 8.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-0813178215,660 ftJan 2000Jul 2008Yes

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 (24)

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

24 months

Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 200149880524.873.05$14,843
Jul 200136380723.933.20$11,267
Jun 200156480824.563.82$16,942
May 200139089225.524.31$13,795
Apr 200159291024.685.34$19,466
Mar 20017451,07224.545.38$24,046
Feb 20017681,26227.755.77$28,590
Jan 20018701,62327.478.40$37,530
Dec 20009191,94326.889.12$42,428
Nov 20001,1521,90932.215.66$47,907
Oct 20001,0101,47731.235.15$39,142
Sep 20001,3772,83031.875.19$58,563
Aug 20001,8873,55329.644.54$72,064
Jul 20001,8234,27328.534.09$69,486
Jun 20001,9373,48429.304.40$72,074
May 20002,3013,08427.263.68$74,074
Apr 20002,3784,29224.513.12$71,659
Mar 20003,1614,54928.422.86$102,845
Feb 20002,7963,51427.622.73$86,806
Jan 20001,1361,46925.272.48$32,351

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                  498 bbl  × $ 24.87 =    $12,385
Casinghead gas       805 Mcf  × $  3.05 =     $2,458

────────────────────────────────────────────────────
Month total                                  $14,843

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/14948 is the state's own key, not one this site invented.