4JK

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

Oil lease lease 65760District 8AField 25957600NGPA filingOilCasinghead gasSaveExport
Value, all time
$6.5 M
Jan 1993 – Feb 2016
Value, last 12 filed months
$0
at the published price for each month
Months reported
278
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 13 leases and 24 wells, and the rule below applies to all of them.

Discovered
1985-02-15
as the register files it
Field class
Oil
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 1986-01-01.

The Commission's schedule remark for this field reads: 40 ACRE OPT., DIAG. 2100'

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA3none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
OilDisposition269,594 bbl$6,230,373
Casinghead gasProduction136,541 Mcf$297,649
Total$6,528,022

38,980 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 (6)

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 33.0181, -101.4106. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.7 miles.

33.01911, -101.41137 · 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%
6 of 6 wells
With a plug date
66.7%
4 of 6 wells
Median depth
8,319 ft
6 wells filed one
Completion to plug
16.4 years
median over 4 wells

What the state filed about each well

On the RRC proration schedule
6100.0%
A plug date is filed
466.7%
BothOn the schedule and plugged. Neither fact cancels the other.
466.7%
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 8,298 and 8,343 ft, median 8,319 ft, over the 6 wells that filed a depth.

Completions filed
Feb 1986 – Apr 2008
6 of 6 wells
Plug dates filed
May 2001 – Oct 2014
4 of 6 wells; 2 filed none

Last completion to plug: a median of 16.4 years across the 4 wells that filed both dates, with the middle half between 15.2 years and 19.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

6 wells

42-1693271633018,343 ftApr 2008Yes
42-1693286533038,298 ftMar 2007Yes
42-1693273533028,318 ftApr 1996Oct 2013Yes
42-1693289019038,334 ftFeb 1989Oct 2014Yes
42-169325531901 U8,320 ftAug 1986May 2001Yes
42-1693262219028,315 ftFeb 1986May 2001Yes

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 (278)

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

278 months

Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 2012620101.102.57$6,268
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 2011155098.134.40$15,210
Apr 201100105.964.33$0
Mar 2011120096.364.06$11,563
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 2010380085.734.35$32,577
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100372.633.98$12
Aug 20100873.684.42$35
Jul 20100072.554.74$0
Jun 201040870.364.91$2,854
May 201017514471.124.24$13,056
Apr 2010902881.694.12$7,468
Mar 2010491878.394.39$3,920
Feb 2010622073.585.44$4,671
Jan 2010411374.365.96$3,126
Dec 2009491071.445.48$3,555
Nov 2009244874.593.75$1,970
Oct 2009181072.544.11$13,130
Sep 2009140065.543.06$9,176
Aug 20092922867.423.22$19,777
Jul 20091314061.133.46$8,147
Jun 20091532866.163.90$10,232
May 200973554.743.93$4,016
Apr 200910810346.773.59$5,421
Mar 200919013442.144.06$8,551
Feb 2009995832.814.63$3,517
Jan 200919112235.865.37$7,505
Dec 200826816637.105.98$10,935
Nov 200824215255.496.86$14,471
Oct 200824613875.246.92$19,464
Sep 2008174131101.767.88$18,738
Aug 200820397114.228.48$24,010
Jul 200817423131.0811.39$23,070
Jun 2008830131.3313.03$10,900
May 200825724123.1711.57$31,932
Apr 20088224110.3110.45$9,296
Mar 2008347128101.909.66$36,596
Feb 200830713692.538.77$29,600
Jan 200835817890.388.21$33,817
Dec 200734415888.337.30$31,539
Nov 200733517891.677.29$32,007
Oct 200726714382.856.92$23,111
Sep 200742911575.846.24$33,253
Aug 20071547069.066.39$11,082
Jul 200723812170.906.39$17,647
Jun 200724212862.007.55$15,970
May 200735111558.747.85$21,520
Apr 200739210159.617.81$24,155
Mar 20072896256.927.30$16,903
Feb 200737919155.108.22$22,452
Jan 20074162750.306.73$21,106
Dec 2006477356.656.92$27,043
Nov 2006619054.207.62$33,550
Oct 20062392654.906.01$13,277
Sep 20066323260.085.04$38,132
Aug 20062601868.717.34$17,997
Jul 20063614669.376.34$25,334
Jun 200648211666.286.38$32,687
May 200653914966.016.42$36,537
Apr 200644212064.397.36$29,344
Mar 200636011156.707.08$21,198
Feb 200637910557.597.75$22,640
Jan 200636313460.598.93$23,191
Dec 200527410054.9413.42$16,395
Nov 200562619754.6910.59$36,322
Oct 200525014558.3413.80$16,585
Sep 20052281861.4512.08$14,228
Aug 20054667161.519.80$29,359
Jul 200548614455.697.84$28,195
Jun 200542919252.337.38$23,867
May 20054388345.226.65$20,358
Apr 200559815449.207.36$30,555
Mar 200558122450.377.15$30,868
Feb 200541321145.226.31$20,008
Jan 200559423243.166.32$27,104
Dec 200437220939.866.75$16,239
Nov 200449522845.286.33$23,857
Oct 2004596049.706.52$29,621
Sep 2004487043.245.28$21,058
Aug 2004548042.375.55$23,219
Jul 20045712138.286.08$21,986
Jun 200456413236.106.43$21,210
May 2004496637.486.49$18,629
Apr 200466431634.475.86$24,739
Mar 200475831634.365.53$27,792
Feb 200490345732.455.51$31,820
Jan 200456925232.036.30$19,813
Dec 20034359030.266.30$13,730
Nov 20034691228.804.60$13,562
Oct 200346213228.174.76$13,643
Sep 200340814326.314.75$11,414
Aug 200334813729.765.13$11,059
Jul 200334114529.415.17$10,779
Jun 200338213828.565.98$11,736
May 200332716126.595.97$9,657
Apr 200343731926.675.41$13,380
Mar 200355933031.146.10$19,419
Feb 200359814533.487.93$21,170
Jan 200357441530.315.58$19,714
Dec 200263431226.914.85$18,575
Nov 200281334924.664.14$21,492
Oct 200266443226.464.23$19,396
Sep 200263632427.443.64$18,630
Aug 200280448125.963.16$22,394
Jul 200269047124.583.06$18,402
Jun 200267231623.733.34$17,001
May 200289054024.663.58$23,883
Apr 200275449523.653.51$19,571
Mar 200279445422.003.10$18,877
Feb 20021,11136418.222.38$21,107
Jan 20021,35847917.172.38$24,455
Dec 20011,79443516.932.36$31,401
Nov 20011,71429918.072.41$31,691
Oct 200176043619.782.53$16,135
Sep 20011,19157224.262.25$30,181
Aug 200199551624.873.05$26,321
Jul 20011,54433023.933.20$38,003
Jun 20011,20015324.563.82$30,057
May 20011,21040125.524.31$32,606
Apr 200174818024.685.34$19,421
Mar 200161811624.545.38$15,789
Feb 20011,05912027.755.77$30,079
Jan 20011,15412727.478.40$32,767
Dec 20001,11912926.889.12$31,256
Nov 20001,40017132.215.66$46,062
Oct 20001,48022331.235.15$47,368
Sep 20001,2691,00131.875.19$45,635
Aug 20002,3791,08529.644.54$75,440
Jul 20002,6181,38728.534.09$80,364
Jun 20003,0631,47829.304.40$96,245
May 20003,5231,68727.263.68$102,245
Apr 20004,0942,16424.513.12$107,087
Mar 20005,1372,86628.422.86$154,190
Feb 20005,1482,82627.622.73$149,893
Jan 20001,9891,53125.272.48$54,060
Dec 19992,13986424.282.42$54,029
Nov 19991,9581,12023.192.43$48,132
Oct 19992,1571,71520.982.80$50,062
Sep 19991,8952,04321.752.62$46,567
Aug 19992,3042,75019.262.88$52,283
Jul 19992,5782,44117.892.37$51,911
Jun 19992,0771,91215.942.36$37,624
May 19993,0343,81615.792.32$56,764
Apr 19993,6513,55615.102.21$62,982
Mar 19992,9874,36212.471.84$45,267
Feb 19994,8464,5639.981.82$56,658
Jan 19993,1862,75610.381.90$38,307
Dec 19983,0932,2739.201.77$32,486
Nov 19983,4832,41610.892.19$43,211
Oct 19984,6172,70012.421.97$62,660
Sep 19982,2301,29512.592.08$30,773
Aug 19981,22742811.301.91$14,681
Jul 19981,11869611.742.24$14,682
Jun 19981,17617411.242.24$13,608
May 19981,32758312.622.21$18,033
Apr 19981,48373413.042.51$21,177
Mar 19981,55879212.802.31$21,771
Feb 19981,2731,05613.952.30$20,186
Jan 19982,09978914.702.15$32,555
Dec 19972,1841,03216.322.41$38,131
Nov 19972,1131,12218.193.09$41,901
Oct 19972,0441,31119.253.15$43,476
Sep 19972,31956417.742.95$42,806
Aug 19972,2781,74217.862.55$45,135
Jul 19972,9001,76117.582.25$54,939
Jun 19973,2671,99317.242.26$60,822
May 19971,7851,21518.972.31$36,666
Apr 19972,1431,29317.882.08$41,010
Mar 19972,4981,46418.951.94$50,176
Feb 19972,7441,50520.492.21$59,544
Jan 19972,4681,31623.483.54$62,607
Dec 19963,16282423.32$73,738
Nov 19962,6441,07921.97$58,089
Oct 19963,4731,17423.31$80,956
Sep 19963,1171,62422.22$69,260
Aug 19963,8082,13020.26$77,150
Jul 19964,5422,51919.55$88,796
Jun 19964,8682,56218.73$91,178
May 19964,7743,00819.43$92,759
Apr 19962,1981,10121.51$47,279
Mar 19961,56980619.38$30,407
Feb 19961,48761016.98$25,249
Jan 19961,54369517.07$26,339
Dec 19951,68262217.19$28,914
Nov 19951,65490516.00$26,464
Oct 19951,75090815.43$27,003
Sep 19951,42661116.18$23,073
Aug 19951,59598915.92$25,392
Jul 19951,27982015.24$19,492
Jun 19951,37764216.41$22,597
May 19951,59363217.56$27,973
Apr 19951,55060317.73$27,482
Mar 19951,42355516.44$23,394
Feb 19951,21452516.58$20,128
Jan 19951,47043315.92$23,402
Dec 19941,55639615.03$23,387
Nov 19941,43650915.90$22,832
Oct 19941,22154415.58$19,023
Sep 19941,33466415.29$20,397
Aug 19941,46852716.13$23,679
Jul 19941,50264417.56$26,375
Jun 19941,57367917.09$26,883
May 19941,39166315.88$22,089
Apr 19941,56054614.14$22,058
Mar 19941,69959412.46$21,170
Feb 19941,56855912.50$19,600
Jan 19941,67555812.66$21,206
Dec 19931,82156912.33$22,453
Nov 19931,68558614.49$24,416
Oct 19931,66557115.85$26,390
Sep 19931,70554115.03$25,626
Aug 19931,96438215.66$30,756
Jul 19931,60128115.46$24,751
Jun 19931,59633116.79$26,797
May 19931,78840417.68$31,612
Apr 19931,60342218.05$28,934
Mar 19931,90566318.14$34,557
Feb 19931,68747117.90$30,197
Jan 19931,84749916.93$31,270

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 2012 — as filed, then multipliedworked
Oil                   62 bbl  × $101.10 =     $6,268
Casinghead gas         0 Mcf  × $  2.57 =         $0

────────────────────────────────────────────────────
Month total                                   $6,268

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/65760 is the state's own key, not one this site invented.