STOWE-ALTURA

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 14955District 7CField 32011001Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$178 k
Dec 1999 – Dec 2001
Value, last 12 filed months
$43 k
at the published price for each month
Months reported
25
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
OilDisposition4,455 bbl$122,131
Casinghead gasProduction12,799 Mcf$55,856
Total$177,987

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 31.9994, -100.2627. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

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
5,633 ft
1 wells filed one
Completion to plug
5.7 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 5,633 ft.

Completions filed
Jan 2002
1 of 1 wells
Plug dates filed
Sep 2007
1 of 1 wells

Last completion to plug: a median of 5.7 years across the 1 well that filed both dates, with the middle half between 5.7 years and 5.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-0813178315,633 ftJan 2002Sep 2007Yes

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 (25)

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

25 months

Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 200111336424.873.05$3,922
Jul 200117839823.933.20$5,532
Jun 20015427624.563.82$2,382
May 200110327725.524.31$3,822
Apr 200111536824.685.34$4,802
Mar 20019445624.545.38$4,758
Feb 200119245227.755.77$7,935
Jan 200117355527.478.40$9,414
Dec 2000054826.889.12$4,999
Nov 200018965132.215.66$9,771
Oct 200019674731.235.15$9,965
Sep 200019686931.875.19$10,754
Aug 200026387129.644.54$11,750
Jul 200034437528.534.09$11,348
Jun 2000038229.304.40$1,680
May 200031182627.263.68$11,517
Apr 20003531,04924.513.12$11,921
Mar 20003391,17128.422.86$12,983
Feb 20007091,27727.622.73$23,064
Jan 200053388725.272.48$15,669
Dec 19990024.282.42$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.

Aug 2001 — as filed, then multipliedworked
Oil                  113 bbl  × $ 24.87 =     $2,810
Casinghead gas       364 Mcf  × $  3.05 =     $1,111

────────────────────────────────────────────────────
Month total                                   $3,922

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/14955 is the state's own key, not one this site invented.