LUBBOCK IRRIGATION CO.

Name: LUBBOCK IRRIGATION CO. lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by MERIT ENERGY COMPANY (P-5 561136) in the LEE HARRISON field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 11052District 8AField 52872001Hydrogen sulphide fieldOilCasinghead gasSave Export

Value, all time

$445 k

Jan 1993 – Mar 2007

Value, last 12 filed months

$29 k

at the published price for each month

Months reported

171

no gaps in the span

Streams

oil, casinghead gas

The LEE HARRISON field

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 97 leases and 321 wells, and the rule below applies to all of them.

Discovered

1941-08-20

as the register files it

Field class

Oil

the register's own label

Between wells

660 ft

minimum

From a lease line

330 ft

minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2008-12-16.

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: “5162',AMENDED SPACING,ADOPTED 20 ACRE OPTION WITH 1500'DIAGONAL.”

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.

Stream	Basis	Volume	Value
Oil	Disposition	18,545 bbl	$445,087
Casinghead gas	Production	140 Mcf	$332
Total			$445,420

48 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Wells on this lease (2)

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 33.5663, -101.6587. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

33.56628, -101.65870 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

0.0%

0 of 2 wells

With a plug date

0.0%

0 of 2 wells

Median depth

4,745 ft

1 wells filed one

Completion to plug

—

no well filed both dates

What the state filed about each well

On the RRC proration schedule

00.0%

A plug date is filed

00.0%

BothOn the schedule and plugged. Neither fact cancels the other.

00.0%

NeitherNo plug date, and not on the schedule.

2100.0%

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 4,745 ft.

Completions filed

Aug 2007

1 of 2 wells; 1 filed none

2 wells


42-30300143	2	—	—	—	—
42-30300142	1	4,745 ft	Aug 2007	—	—

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 (171)

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

171 months


Mar 2007	0	0	56.92	7.30	$0
Feb 2007	0	0	55.10	8.22	$0
Jan 2007	0	0	50.30	6.73	$0
Dec 2006	0	0	56.65	6.92	$0
Nov 2006	0	0	54.20	7.62	$0
Oct 2006	0	0	54.90	6.01	$0
Sep 2006	0	0	60.08	5.04	$0
Aug 2006	0	0	68.71	7.34	$0
Jul 2006	257	0	69.37	6.34	$17,828
Jun 2006	173	0	66.28	6.38	$11,466
May 2006	0	0	66.01	6.42	$0
Apr 2006	0	0	64.39	7.36	$0
Mar 2006	0	0	56.70	7.08	$0
Feb 2006	172	0	57.59	7.75	$9,905
Jan 2006	174	0	60.59	8.93	$10,543
Dec 2005	0	0	54.94	13.42	$0
Nov 2005	0	0	54.69	10.59	$0
Oct 2005	0	0	58.34	13.80	$0
Sep 2005	344	0	61.45	12.08	$21,139
Aug 2005	0	0	61.51	9.80	$0
Jul 2005	0	0	55.69	7.84	$0
Jun 2005	0	0	52.33	7.38	$0
May 2005	0	0	45.22	6.65	$0
Apr 2005	0	0	49.20	7.36	$0
Mar 2005	357	0	50.37	7.15	$17,982
Feb 2005	0	0	45.22	6.31	$0
Jan 2005	0	0	43.16	6.32	$0
Dec 2004	0	0	39.86	6.75	$0
Nov 2004	0	0	45.28	6.33	$0
Oct 2004	337	0	49.70	6.52	$16,749
Sep 2004	0	0	43.24	5.28	$0
Aug 2004	0	0	42.37	5.55	$0
Jul 2004	0	0	38.28	6.08	$0
Jun 2004	0	0	36.10	6.43	$0
May 2004	149	1	37.48	6.49	$5,591
Apr 2004	0	1	34.47	5.86	$6
Mar 2004	175	1	34.36	5.53	$6,019
Feb 2004	0	1	32.45	5.51	$6
Jan 2004	164	1	32.03	6.30	$5,259
Dec 2003	164	1	30.26	6.30	$4,969
Nov 2003	0	1	28.80	4.60	$5
Oct 2003	161	1	28.17	4.76	$4,540
Sep 2003	173	1	26.31	4.75	$4,556
Aug 2003	0	1	29.76	5.13	$5
Jul 2003	169	1	29.41	5.17	$4,975
Jun 2003	0	1	28.56	5.98	$6
May 2003	149	1	26.59	5.97	$3,968
Apr 2003	170	1	26.67	5.41	$4,539
Mar 2003	171	1	31.14	6.10	$5,331
Feb 2003	0	1	33.48	7.93	$8
Jan 2003	173	1	30.31	5.58	$5,249
Dec 2002	171	1	26.91	4.85	$4,606
Nov 2002	0	1	24.66	4.14	$4
Oct 2002	164	1	26.46	4.23	$4,344
Sep 2002	170	1	27.44	3.64	$4,668
Aug 2002	0	1	25.96	3.16	$3
Jul 2002	143	1	24.58	3.06	$3,518
Jun 2002	164	1	23.73	3.34	$3,895
May 2002	147	1	24.66	3.58	$3,629
Apr 2002	170	1	23.65	3.51	$4,024
Mar 2002	0	1	22.00	3.10	$3
Feb 2002	161	1	18.22	2.38	$2,936
Jan 2002	171	1	17.17	2.38	$2,938
Dec 2001	168	1	16.93	2.36	$2,847
Nov 2001	0	1	18.07	2.41	$2
Oct 2001	0	1	19.78	2.53	$3
Sep 2001	164	1	24.26	2.25	$3,981
Aug 2001	167	1	24.87	3.05	$4,156
Jul 2001	164	1	23.93	3.20	$3,928
Jun 2001	0	1	24.56	3.82	$4
May 2001	163	1	25.52	4.31	$4,164
Apr 2001	168	1	24.68	5.34	$4,152
Mar 2001	167	1	24.54	5.38	$4,104
Feb 2001	0	1	27.75	5.77	$6
Jan 2001	174	1	27.47	8.40	$4,788
Dec 2000	164	1	26.88	9.12	$4,417
Nov 2000	163	1	32.21	5.66	$5,256
Oct 2000	168	1	31.23	5.15	$5,252
Sep 2000	157	1	31.87	5.19	$5,009
Aug 2000	0	1	29.64	4.54	$5
Jul 2000	167	1	28.53	4.09	$4,769
Jun 2000	0	1	29.30	4.40	$4
May 2000	332	1	27.26	3.68	$9,054
Apr 2000	0	1	24.51	3.12	$3
Mar 2000	169	1	28.42	2.86	$4,806
Feb 2000	0	1	27.62	2.73	$3
Jan 2000	167	1	25.27	2.48	$4,223
Dec 1999	169	1	24.28	2.42	$4,106
Nov 1999	0	1	23.19	2.43	$2
Oct 1999	167	1	20.98	2.80	$3,506
Sep 1999	164	1	21.75	2.62	$3,570
Aug 1999	165	1	19.26	2.88	$3,181
Jul 1999	0	1	17.89	2.37	$2
Jun 1999	155	1	15.94	2.36	$2,473
May 1999	165	1	15.79	2.32	$2,608
Apr 1999	164	1	15.10	2.21	$2,479
Mar 1999	0	1	12.47	1.84	$2
Feb 1999	167	1	9.98	1.82	$1,668
Jan 1999	167	1	10.38	1.90	$1,735
Dec 1998	170	1	9.20	1.77	$1,566
Nov 1998	0	1	10.89	2.19	$2
Oct 1998	166	1	12.42	1.97	$2,064
Sep 1998	162	1	12.59	2.08	$2,042
Aug 1998	167	1	11.30	1.91	$1,889
Jul 1998	171	1	11.74	2.24	$2,010
Jun 1998	0	1	11.24	2.24	$2
May 1998	167	1	12.62	2.21	$2,110
Apr 1998	165	1	13.04	2.51	$2,154
Mar 1998	0	1	12.80	2.31	$2
Feb 1998	147	1	13.95	2.30	$2,053
Jan 1998	166	1	14.70	2.15	$2,442
Dec 1997	169	4	16.32	2.41	$2,768
Nov 1997	166	1	18.19	3.09	$3,023
Oct 1997	0	1	19.25	3.15	$3
Sep 1997	163	1	17.74	2.95	$2,895
Aug 1997	153	1	17.86	2.55	$2,735
Jul 1997	152	1	17.58	2.25	$2,674
Jun 1997	163	1	17.24	2.26	$2,812
May 1997	167	1	18.97	2.31	$3,170
Apr 1997	0	1	17.88	2.08	$2
Mar 1997	168	1	18.95	1.94	$3,186
Feb 1997	168	1	20.49	2.21	$3,445
Jan 1997	0	1	23.48	3.54	$4
Dec 1996	171	1	23.32	—	$3,988
Nov 1996	165	1	21.97	—	$3,625
Oct 1996	166	1	23.31	—	$3,869
Sep 1996	0	1	22.22	—	$0
Aug 1996	167	1	20.26	—	$3,383
Jul 1996	157	1	19.55	—	$3,069
Jun 1996	167	1	18.73	—	$3,128
May 1996	166	1	19.43	—	$3,225
Apr 1996	0	1	21.51	—	$0
Mar 1996	165	1	19.38	—	$3,198
Feb 1996	171	1	16.98	—	$2,904
Jan 1996	0	1	17.07	—	$0
Dec 1995	167	1	17.19	—	$2,871
Nov 1995	167	1	16.00	—	$2,672
Oct 1995	167	1	15.43	—	$2,577
Sep 1995	0	1	16.18	—	$0
Aug 1995	164	1	15.92	—	$2,611
Jul 1995	168	1	15.24	—	$2,560
Jun 1995	167	1	16.41	—	$2,740
May 1995	161	1	17.56	—	$2,827
Apr 1995	0	1	17.73	—	$0
Mar 1995	175	1	16.44	—	$2,877
Feb 1995	166	1	16.58	—	$2,752
Jan 1995	0	1	15.92	—	$0
Dec 1994	328	1	15.03	—	$4,930
Nov 1994	0	1	15.90	—	$0
Oct 1994	156	1	15.58	—	$2,430
Sep 1994	156	1	15.29	—	$2,385
Aug 1994	0	1	16.13	—	$0
Jul 1994	163	1	17.56	—	$2,862
Jun 1994	156	1	17.09	—	$2,666
May 1994	153	1	15.88	—	$2,430
Apr 1994	156	1	14.14	—	$2,206
Mar 1994	155	1	12.46	—	$1,931
Feb 1994	0	1	12.50	—	$0
Jan 1994	151	1	12.66	—	$1,912
Dec 1993	167	1	12.33	—	$2,059
Nov 1993	167	1	14.49	—	$2,420
Oct 1993	168	1	15.85	—	$2,663
Sep 1993	0	1	15.03	—	$0
Aug 1993	144	1	15.66	—	$2,255
Jul 1993	148	1	15.46	—	$2,288
Jun 1993	167	1	16.79	—	$2,804
May 1993	167	1	17.68	—	$2,953
Apr 1993	167	1	18.05	—	$3,014
Mar 1993	165	1	18.14	—	$2,993
Feb 1993	0	1	17.90	—	$0
Jan 1993	166	1	16.93	—	$2,810

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.

Jul 2006 — as filed, then multipliedworked

Oil                  257 bbl  × $ 69.37 =    $17,828
Casinghead gas         0 Mcf  × $  6.34 =         $0

────────────────────────────────────────────────────
Month total                                  $17,828

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/O/11052 is the state's own key, not one this site invented.