LOWRANCE, ED

Operated by GAEA SERVICES, INC. (P-5 292356) in the JUNIPER field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 176509District 8AField 47709001CondensateGasSaveExport
Value, all time
$584 k
Feb 2000 – Oct 2003
Value, last 12 filed months
$65 k
at the published price for each month
Months reported
45
no gaps in the span
Streams
2
condensate, 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 16 leases and 16 wells, and the rule below applies to all of them.

Discovered
1950-12-07
as the register files it
Field class
Gas
the register's own label
Between wells
2,000 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 320 acres.

The Commission's schedule remark for this field reads: BURGANDY OIL & GAS INC. REQUEST

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
CondensateDisposition469 bbl$12,572
GasProduction139,950 Mcf$571,331
Total$583,904

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 33.7684, -100.0494. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.76843, -100.04942 · 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
5,774 ft
1 wells filed one
Completion to plug
3.5 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 5,774 ft.

Completions filed
Feb 2000
1 of 1 wells
Plug dates filed
Aug 2003
1 of 1 wells

Last completion to plug: a median of 3.5 years across the 1 well that filed both dates, with the middle half between 3.5 years and 3.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2693235835,774 ftFeb 2000Aug 2003Yes

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 (45)

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

45 months

Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 2003252329.765.13$862
Jul 200301,21029.415.17$6,257
Jun 200311,43128.565.98$8,590
May 200301,11726.595.97$6,671
Apr 200301,53926.675.41$8,322
Mar 2003201,55831.146.10$10,120
Feb 20031599133.487.93$8,357
Jan 2003290630.315.58$5,118
Dec 200281,17126.914.85$5,899
Nov 200241,03024.664.14$4,360
Oct 200251,41526.464.23$6,117
Sep 200201,57627.443.64$5,729
Aug 200201,22025.963.16$3,860
Jul 200201,64224.583.06$5,027
Jun 200213,21623.733.34$10,760
May 200283,18024.663.58$11,594
Apr 200273,37423.653.51$12,016
Mar 200203,31822.003.10$10,295
Feb 200223,23918.222.38$7,731
Jan 200203,83617.172.38$9,113
Dec 200114,36516.932.36$10,338
Nov 200153,14118.072.41$7,646
Oct 200153,37619.782.53$8,636
Sep 200104,28424.262.25$9,645
Aug 200134,25424.873.05$13,063
Jul 200112,98623.933.20$9,570
Jun 200122,82524.563.82$10,852
May 200112,77725.524.31$11,987
Apr 200152,68324.685.34$14,438
Mar 200183,50724.545.38$19,052
Feb 200173,21427.755.77$18,730
Jan 200103,70927.478.40$31,151
Dec 200003,58826.889.12$32,732
Nov 200005,06832.215.66$28,675
Oct 200004,68131.235.15$24,086
Sep 200004,62231.875.19$23,972
Aug 200026,41329.644.54$29,179
Jul 20001694,91228.534.09$24,910
Jun 200003,46429.304.40$15,232
May 200005,94827.263.68$21,887
Apr 20001627,39924.513.12$27,026
Mar 2000010,34328.422.86$29,578
Feb 200005,39927.622.73$14,720

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 2003 — as filed, then multipliedworked
Condensate            25 bbl  × $ 29.76 =       $744
Gas                   23 Mcf  × $  5.13 =       $118

────────────────────────────────────────────────────
Month total                                     $862

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. 8A/G/176509 is the state's own key, not one this site invented.