LAQUITA ELIZABETH

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

Oil lease lease 16995District 7CField 85279200OilCasinghead gasSaveExport
Value, all time
$5.2 M
Oct 2008 – Sep 2021
Value, last 12 filed months
$0
at the published price for each month
Months reported
156
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 7,461 leases and 22,481 wells, and the rule below applies to all of them.

Discovered
1904-12-31
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2016-03-08.

The Commission's schedule remark for this field reads: AREA) 85279200.

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
OilDisposition66,478 bbl$4,527,380
Casinghead gasProduction185,189 Mcf$711,959
Total$5,239,339

Wells on this lease (5)

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 31.3717, -102.0789. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.6 miles.

31.37192, -102.07950 · 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%
5 of 5 wells
With a plug date
80.0%
4 of 5 wells
Median depth
9,452 ft
5 wells filed one
Completion to plug
4.3 years
median over 4 wells

What the state filed about each well

On the RRC proration schedule
5100.0%
A plug date is filed
480.0%
BothOn the schedule and plugged. Neither fact cancels the other.
480.0%
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 6,840 and 10,100 ft, median 9,452 ft, over the 5 wells that filed a depth.

Completions filed
Oct 2008 – Jan 2020
5 of 5 wells
Plug dates filed
Jan 2021 – Feb 2021
4 of 5 wells; 1 filed none

Last completion to plug: a median of 4.3 years across the 4 wells that filed both dates, with the middle half between 13 months and 8.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

5 wells

42-46134089310,100 ftJan 2020Feb 2021Yes
42-4613401519,452 ftDec 2019Jan 2021Yes
42-4613402829,000 ftOct 2013Feb 2021Yes
42-46136336810,040 ftSep 2009Feb 2021Yes
42-4613592346,840 ftOct 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 (156)

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

156 months

Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 2020335949.881.98$1,763
Jan 2020012957.252.09$270
Dec 201918510759.012.30$11,163
Nov 2019011455.302.75$314
Oct 201902953.472.42$70
Sep 2019031055.052.66$824
Aug 20191845153.112.30$9,890
Jul 201907056.272.46$172
Jun 2019045752.782.49$1,138
May 20193538358.482.74$20,871
Apr 2019012762.632.75$349
Mar 2019010356.803.06$315
Feb 201918020450.852.79$9,723
Jan 201935235446.033.23$17,345
Dec 201819248646.594.19$10,979
Nov 201818141952.934.24$11,356
Oct 201818848061.443.40$13,182
Sep 201835563859.543.11$23,120
Aug 201818477059.403.07$13,291
Jul 201835175565.142.93$25,078
Jun 201818660860.183.08$13,064
May 201837076165.382.90$26,398
Apr 201835673563.842.90$24,859
Mar 201835977661.222.79$24,141
Feb 201835455961.782.77$23,416
Jan 2018051762.874.01$2,073
Dec 201736551757.272.92$22,414
Nov 201736745655.423.12$21,761
Oct 201736456149.292.98$19,615
Sep 201717669647.523.09$10,512
Aug 201735423545.373.00$16,767
Jul 2017012343.873.09$380
Jun 201771429342.493.09$31,242
May 201734864045.373.26$17,877
Apr 2017022347.933.21$716
Mar 2017833546.772.98$1,374
Feb 201737972650.452.95$21,264
Jan 2017082649.413.42$2,824
Dec 20163601,26448.763.72$22,259
Nov 20163831,53942.492.64$20,343
Oct 20167131,75646.193.09$38,360
Sep 20163291,73341.553.10$19,043
Aug 20164041,80541.442.92$22,020
Jul 20164061,92041.622.92$22,512
Jun 20167171,73545.352.69$37,176
May 20163291,66242.521.99$17,298
Apr 20167501,40636.561.99$30,219
Mar 201621,72433.011.79$3,159
Feb 20164151,51426.472.06$14,109
Jan 20168381,60427.352.36$26,712
Dec 20154031,71032.362.00$16,463
Nov 20154011,75238.792.17$19,352
Oct 20158431,84943.552.43$41,199
Sep 20154341,40642.992.76$22,536
Aug 201501,94740.162.87$5,593
Jul 20158381,87148.152.95$45,860
Jun 20154361,83956.152.88$29,783
May 20153741,49155.212.96$25,055
Apr 20154371,39749.822.71$25,552
Mar 20158891,65842.892.93$42,995
Feb 20154271,34444.662.98$23,070
Jan 20157701,17343.433.10$37,078
Dec 20143661,45954.693.59$25,256
Nov 20143621,56470.464.25$32,156
Oct 20148101,85978.303.90$70,675
Sep 20144231,81386.164.05$43,780
Aug 20147612,19789.394.04$76,891
Jul 20148072,11496.564.18$86,760
Jun 20147492,24998.164.74$84,175
May 20145912,18694.734.73$66,318
Apr 201417944995.944.81$19,333
Mar 201420843195.895.06$22,125
Feb 201426929197.406.19$28,002
Jan 201426543890.404.86$26,085
Dec 201351798591.824.35$51,760
Nov 201321072088.853.74$21,350
Oct 201338775897.423.78$40,566
Sep 20131801,038104.113.72$22,599
Aug 20131961,224104.253.52$24,745
Jul 2013190745102.523.72$22,249
Jun 201357649294.403.93$56,310
May 201327737894.834.15$27,836
Apr 20131,17938093.964.28$112,406
Mar 2013032793.623.91$1,280
Feb 201301,42691.233.42$4,877
Jan 201320418791.603.42$19,326
Dec 2012039886.773.42$1,361
Nov 2012031686.953.62$1,145
Oct 201217523489.383.40$16,437
Sep 201241221994.672.92$39,643
Aug 2012054692.662.91$1,588
Jul 20124441,07685.133.02$41,048
Jun 20122321,21979.822.52$21,589
May 20124612,07091.612.49$47,383
Apr 20122151,571101.652.00$24,992
Mar 20124971,770105.052.22$56,143
Feb 20122751,888101.102.57$32,655
Jan 20124731,67698.092.73$50,979
Dec 20114901,59296.873.24$52,624
Nov 20112902,09195.723.31$34,683
Oct 20114132,41484.983.65$43,904
Sep 20114811,15083.623.99$44,805
Aug 20115761,73883.404.15$55,250
Jul 20113732,10494.144.52$44,618
Jun 20115501,36092.904.64$57,405
May 20116782,24098.134.40$76,399
Apr 20112772,232105.964.33$39,023
Mar 20113902,17596.364.06$46,405
Feb 20114971,75885.644.18$49,911
Jan 20113602,04286.504.59$40,510
Dec 20109292,30985.734.35$89,682
Nov 20106002,58980.843.80$58,330
Oct 20108042,74378.103.51$72,417
Sep 20108742,47172.633.98$73,312
Aug 20101,1012,51373.684.42$92,228
Jul 20103892,68872.554.74$40,954
Jun 20101,1013,32570.364.91$93,793
May 20106583,78971.124.24$62,844
Apr 20101,2474,09481.694.12$118,746
Mar 20101,1735,12978.394.39$114,461
Feb 20101,0506,31873.585.44$111,644
Jan 20102,1616,42474.365.96$199,005
Dec 20091,8836,33471.445.48$169,256
Nov 20093,0653,76474.593.75$242,739
Oct 20099151,62772.544.11$73,061
Sep 20094661,64565.543.06$35,583
Aug 200944267867.423.22$31,982
Jul 200940469161.133.46$27,090
Jun 200952364866.163.90$37,126
May 200958491354.743.93$35,552
Apr 200965789546.773.59$33,939
Mar 20096711,00442.144.06$32,351
Feb 200983182132.814.63$31,069
Jan 200994867235.865.37$37,605
Dec 20081,1911,28937.105.98$51,891
Nov 20081,8852,40455.496.86$121,091
Oct 20082,3251,39275.246.92$184,568

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.

Feb 2020 — as filed, then multipliedworked
Oil                   33 bbl  × $ 49.88 =     $1,646
Casinghead gas        59 Mcf  × $  1.98 =       $117

────────────────────────────────────────────────────
Month total                                   $1,763

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/16995 is the state's own key, not one this site invented.