DOUBLE TAKE

Operated by LEGACY RESERVES OPERATING LP (P-5 495445) in the M.A.G. (PENNSYLVANIAN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 15231District 7CField 56060500OilCasinghead gasSaveExport
Value, all time
$1.4 M
Mar 2002 – May 2012
Value, last 12 filed months
$9 k
at the published price for each month
Months reported
123
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 5 leases and 6 wells, and the rule below applies to all of them.

Discovered
1978-01-01
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 1980-04-22.

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
OilDisposition25,430 bbl$1,118,223
Casinghead gasProduction54,499 Mcf$315,148
Total$1,433,370

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 31.0666, -101.8065. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.06660, -101.80649 · 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
9,450 ft
1 wells filed one
Completion to plug
9.8 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 9,450 ft.

Completions filed
Jan 2002
1 of 1 wells
Plug dates filed
Oct 2011
1 of 1 wells

Last completion to plug: a median of 9.8 years across the 1 well that filed both dates, with the middle half between 9.8 years and 9.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-1053871019,450 ftJan 2002Oct 2011Yes

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 (123)

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

123 months

May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201240105.052.22$420
Feb 201250101.102.57$506
Jan 20125098.092.73$490
Dec 20115096.873.24$484
Nov 20115095.723.31$479
Oct 201158084.983.65$4,929
Sep 20115083.623.99$418
Aug 20115083.404.15$417
Jul 20115094.144.52$471
Jun 20115092.904.64$465
May 201101298.134.40$53
Apr 20110150105.964.33$650
Mar 20111858896.364.06$18,184
Feb 2011039285.644.18$1,639
Jan 2011073786.504.59$3,382
Dec 2010095685.734.35$4,156
Nov 2010015180.843.80$573
Oct 2010041578.103.51$1,456
Sep 201018198072.633.98$17,046
Aug 201017749173.684.42$15,211
Jul 2010044772.554.74$2,117
Jun 20102570670.364.91$5,226
May 2010437871.124.24$1,885
Apr 201019771181.694.12$19,024
Mar 201061,45178.394.39$6,838
Feb 2010112573.585.44$754
Jan 2010049974.365.96$2,976
Dec 2009761071.445.48$3,845
Nov 200917957474.593.75$15,505
Oct 2009058172.544.11$2,388
Sep 200918460865.543.06$13,923
Aug 2009047567.423.22$1,529
Jul 200917537661.133.46$12,000
Jun 2009056566.163.90$2,201
May 200918162554.743.93$12,362
Apr 200917883646.773.59$11,324
Mar 2009045542.144.06$1,847
Feb 200918147932.814.63$8,158
Jan 200917959535.865.37$9,615
Dec 2008055537.105.98$3,317
Nov 200817758355.496.86$13,821
Oct 200817464175.246.92$17,529
Sep 2008178491101.767.88$21,981
Aug 2008178639114.228.48$25,752
Jul 2008176906131.0811.39$33,389
Jun 20080468131.3313.03$6,099
May 2008348481123.1711.57$48,430
Apr 20080568110.3110.45$5,938
Mar 2008174481101.909.66$22,379
Feb 200817941592.538.77$20,203
Jan 200817652190.388.21$20,182
Dec 2007039088.337.30$2,848
Nov 200717841191.677.29$19,314
Oct 200717544682.856.92$17,586
Sep 2007043675.846.24$2,722
Aug 200718045069.066.39$15,305
Jul 200717746370.906.39$15,507
Jun 200717646462.007.55$14,414
May 200718434358.747.85$13,499
Apr 2007841659.617.81$3,724
Mar 200718233256.927.30$12,784
Feb 200718327655.108.22$12,351
Jan 2007926250.306.73$2,215
Dec 200619148556.656.92$14,176
Nov 200618242454.207.62$13,094
Oct 200618736454.906.01$12,455
Sep 200618337560.085.04$12,884
Aug 200617834268.717.34$14,741
Jul 200618238569.376.34$15,067
Jun 200617537066.286.38$13,961
May 200618737866.016.42$14,773
Apr 200620036064.397.36$15,528
Mar 200618241556.707.08$13,259
Feb 200619040657.597.75$14,089
Jan 200617617560.598.93$12,227
Dec 200517421154.9413.42$12,390
Nov 200518323054.6910.59$12,444
Oct 200518129758.3413.80$14,657
Sep 200518328861.4512.08$14,724
Aug 200518631861.519.80$14,556
Jul 200518935255.697.84$13,286
Jun 200518118352.337.38$10,822
May 200517835645.226.65$10,417
Apr 200519937149.207.36$12,522
Mar 200537037450.377.15$21,313
Feb 200519632745.226.31$10,927
Jan 200518837043.166.32$10,453
Dec 200419437039.866.75$10,231
Nov 200438435645.286.33$19,641
Oct 200419841049.706.52$12,512
Sep 200422030443.245.28$11,119
Aug 200437139742.375.55$17,923
Jul 200419238138.286.08$9,668
Jun 200440640136.106.43$17,236
May 200418432737.486.49$9,020
Apr 200419938734.475.86$9,127
Mar 200438938734.365.53$15,506
Feb 2004023532.455.51$1,295
Jan 200437637532.036.30$14,406
Dec 200336743830.266.30$13,866
Nov 200337157228.804.60$13,313
Oct 2003010728.174.76$509
Sep 200318620226.314.75$5,853
Aug 200319531729.765.13$7,429
Jul 200337549829.415.17$13,604
Jun 200336949428.565.98$13,494
May 200355166626.595.97$18,629
Apr 200336362226.675.41$13,045
Mar 200338458131.146.10$15,500
Feb 200336547333.487.93$15,969
Jan 200336939830.315.58$13,406
Dec 200237456626.914.85$12,812
Nov 200254653824.664.14$15,690
Oct 200255165626.464.23$17,354
Sep 200255866927.443.64$17,743
Aug 200273389725.963.16$21,867
Jul 200272090924.583.06$20,481
Jun 200289485123.733.34$24,055
May 20021,09491124.663.58$30,243
Apr 20021,2801,48623.653.51$35,491
Mar 20021,6972,25622.003.10$44,334

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.

Mar 2012 — as filed, then multipliedworked
Oil                    4 bbl  × $105.05 =       $420
Casinghead gas         0 Mcf  × $  2.22 =         $0

────────────────────────────────────────────────────
Month total                                     $420

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/15231 is the state's own key, not one this site invented.