SPICE -A-

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

Operated by KEBO OIL & GAS, INC. (P-5 453170) in the HOSTETTER (ARGO) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 11922District 01Field 42803010OilCasinghead gasSave Export

Value, all time

$1.2 M

Jan 1993 – Aug 2010

Value, last 12 filed months

$2 k

at the published price for each month

Months reported

212

no gaps in the span

Streams

oil, casinghead gas

The HOSTETTER (ARGO) 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 3 leases and 3 wells, and the rule below applies to all of them.

Discovered

1979-11-04

as the register files it

Field class

Oil

the register's own label

Between wells

—

no field rule filed

From a lease line

—

no field rule filed

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	41,412 bbl	$1,204,534
Casinghead gas	Production	6,701 Mcf	$6,213
Total			$1,210,747

4,110 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 (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 28.0743, -98.4058. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.07428, -98.40579 · 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

100.0%

1 of 1 wells

With a plug date

100.0%

1 of 1 wells

Median depth

2,803 ft

1 wells filed one

Completion to plug

22.6 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 2,803 ft.

Completions filed

Oct 1987

1 of 1 wells

Plug dates filed

May 2010

1 of 1 wells

Last completion to plug: a median of 22.6 years across the 1 well that filed both dates, with the middle half between 22.6 years and 22.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-31132584	1	2,803 ft	Oct 1987	May 2010	Yes

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 (212)

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

212 months


Aug 2010	0	0	73.68	4.42	$0
Jul 2010	0	0	72.55	4.74	$0
Jun 2010	33	0	70.36	4.91	$2,322
May 2010	0	0	71.12	4.24	$0
Apr 2010	0	0	81.69	4.12	$0
Mar 2010	0	0	78.39	4.39	$0
Feb 2010	0	0	73.58	5.44	$0
Jan 2010	0	0	74.36	5.96	$0
Dec 2009	0	0	71.44	5.48	$0
Nov 2009	0	0	74.59	3.75	$0
Oct 2009	0	0	72.54	4.11	$0
Sep 2009	0	0	65.54	3.06	$0
Aug 2009	0	0	67.42	3.22	$0
Jul 2009	0	0	61.13	3.46	$0
Jun 2009	0	0	66.16	3.90	$0
May 2009	0	0	54.74	3.93	$0
Apr 2009	0	0	46.77	3.59	$0
Mar 2009	0	0	42.14	4.06	$0
Feb 2009	0	0	32.81	4.63	$0
Jan 2009	0	0	35.86	5.37	$0
Dec 2008	0	0	37.10	5.98	$0
Nov 2008	0	0	55.49	6.86	$0
Oct 2008	0	0	75.24	6.92	$0
Sep 2008	140	0	101.76	7.88	$14,246
Aug 2008	0	0	114.22	8.48	$0
Jul 2008	0	0	131.08	11.39	$0
Jun 2008	0	0	131.33	13.03	$0
May 2008	162	0	123.17	11.57	$19,954
Apr 2008	161	0	110.31	10.45	$17,760
Mar 2008	0	0	101.90	9.66	$0
Feb 2008	161	0	92.53	8.77	$14,897
Jan 2008	167	0	90.38	8.21	$15,093
Dec 2007	172	0	88.33	7.30	$15,193
Nov 2007	0	0	91.67	7.29	$0
Oct 2007	334	0	82.85	6.92	$27,672
Sep 2007	156	0	75.84	6.24	$11,831
Aug 2007	159	0	69.06	6.39	$10,981
Jul 2007	159	0	70.90	6.39	$11,273
Jun 2007	306	0	62.00	7.55	$18,972
May 2007	0	0	58.74	7.85	$0
Apr 2007	324	0	59.61	7.81	$19,314
Mar 2007	167	0	56.92	7.30	$9,506
Feb 2007	317	0	55.10	8.22	$17,467
Jan 2007	160	0	50.30	6.73	$8,048
Dec 2006	177	0	56.65	6.92	$10,027
Nov 2006	163	0	54.20	7.62	$8,835
Oct 2006	157	0	54.90	6.01	$8,619
Sep 2006	346	0	60.08	5.04	$20,788
Aug 2006	167	0	68.71	7.34	$11,475
Jul 2006	179	0	69.37	6.34	$12,417
Jun 2006	164	0	66.28	6.38	$10,870
May 2006	0	0	66.01	6.42	$0
Apr 2006	330	0	64.39	7.36	$21,249
Mar 2006	161	0	56.70	7.08	$9,129
Feb 2006	0	0	57.59	7.75	$0
Jan 2006	178	0	60.59	8.93	$10,785
Dec 2005	161	0	54.94	13.42	$8,845
Nov 2005	170	0	54.69	10.59	$9,297
Oct 2005	339	0	58.34	13.80	$19,777
Sep 2005	163	0	61.45	12.08	$10,016
Aug 2005	167	0	61.51	9.80	$10,272
Jul 2005	168	0	55.69	7.84	$9,356
Jun 2005	164	0	52.33	7.38	$8,582
May 2005	338	0	45.22	6.65	$15,284
Apr 2005	173	0	49.20	7.36	$8,512
Mar 2005	157	0	50.37	7.15	$7,908
Feb 2005	334	0	45.22	6.31	$15,103
Jan 2005	160	0	43.16	6.32	$6,906
Dec 2004	174	0	39.86	6.75	$6,936
Nov 2004	333	0	45.28	6.33	$15,078
Oct 2004	163	0	49.70	6.52	$8,101
Sep 2004	166	0	43.24	5.28	$7,178
Aug 2004	324	0	42.37	5.55	$13,728
Jul 2004	179	0	38.28	6.08	$6,852
Jun 2004	328	0	36.10	6.43	$11,841
May 2004	155	0	37.48	6.49	$5,809
Apr 2004	166	0	34.47	5.86	$5,722
Mar 2004	313	0	34.36	5.53	$10,755
Feb 2004	172	0	32.45	5.51	$5,581
Jan 2004	325	0	32.03	6.30	$10,410
Dec 2003	169	0	30.26	6.30	$5,114
Nov 2003	178	0	28.80	4.60	$5,126
Oct 2003	329	0	28.17	4.76	$9,268
Sep 2003	172	0	26.31	4.75	$4,525
Aug 2003	457	0	29.76	5.13	$13,600
Jul 2003	0	0	29.41	5.17	$0
Jun 2003	344	0	28.56	5.98	$9,825
May 2003	336	0	26.59	5.97	$8,934
Apr 2003	158	0	26.67	5.41	$4,214
Mar 2003	179	0	31.14	6.10	$5,574
Feb 2003	166	0	33.48	7.93	$5,558
Jan 2003	173	0	30.31	5.58	$5,244
Dec 2002	327	0	26.91	4.85	$8,800
Nov 2002	169	0	24.66	4.14	$4,168
Oct 2002	168	0	26.46	4.23	$4,445
Sep 2002	173	0	27.44	3.64	$4,747
Aug 2002	348	0	25.96	3.16	$9,034
Jul 2002	151	0	24.58	3.06	$3,712
Jun 2002	174	0	23.73	3.34	$4,129
May 2002	162	0	24.66	3.58	$3,995
Apr 2002	172	0	23.65	3.51	$4,068
Mar 2002	176	0	22.00	3.10	$3,872
Feb 2002	167	0	18.22	2.38	$3,043
Jan 2002	173	0	17.17	2.38	$2,970
Dec 2001	172	0	16.93	2.36	$2,912
Nov 2001	162	0	18.07	2.41	$2,927
Oct 2001	342	0	19.78	2.53	$6,765
Sep 2001	170	0	24.26	2.25	$4,124
Aug 2001	163	0	24.87	3.05	$4,054
Jul 2001	320	0	23.93	3.20	$7,658
Jun 2001	174	0	24.56	3.82	$4,273
May 2001	161	0	25.52	4.31	$4,109
Apr 2001	325	0	24.68	5.34	$8,021
Mar 2001	170	0	24.54	5.38	$4,172
Feb 2001	168	0	27.75	5.77	$4,662
Jan 2001	173	0	27.47	8.40	$4,752
Dec 2000	177	0	26.88	9.12	$4,758
Nov 2000	177	0	32.21	5.66	$5,701
Oct 2000	290	0	31.23	5.15	$9,057
Sep 2000	149	0	31.87	5.19	$4,749
Aug 2000	139	0	29.64	4.54	$4,120
Jul 2000	165	0	28.53	4.09	$4,707
Jun 2000	331	0	29.30	4.40	$9,698
May 2000	0	0	27.26	3.68	$0
Apr 2000	315	0	24.51	3.12	$7,721
Mar 2000	152	0	28.42	2.86	$4,320
Feb 2000	160	0	27.62	2.73	$4,419
Jan 2000	159	0	25.27	2.48	$4,018
Dec 1999	0	0	24.28	2.42	$0
Nov 1999	348	0	23.19	2.43	$8,070
Oct 1999	0	0	20.98	2.80	$0
Sep 1999	0	0	21.75	2.62	$0
Aug 1999	163	0	19.26	2.88	$3,139
Jul 1999	160	0	17.89	2.37	$2,862
Jun 1999	0	0	15.94	2.36	$0
May 1999	0	0	15.79	2.32	$0
Apr 1999	0	0	15.10	2.21	$0
Mar 1999	0	0	12.47	1.84	$0
Feb 1999	0	0	9.98	1.82	$0
Jan 1999	0	4	10.38	1.90	$8
Dec 1998	0	43	9.20	1.77	$76
Nov 1998	455	102	10.89	2.19	$5,178
Oct 1998	331	109	12.42	1.97	$4,326
Sep 1998	295	107	12.59	2.08	$3,937
Aug 1998	308	102	11.30	1.91	$3,675
Jul 1998	473	118	11.74	2.24	$5,817
Jun 1998	162	94	11.24	2.24	$2,031
May 1998	491	112	12.62	2.21	$6,444
Apr 1998	317	111	13.04	2.51	$4,412
Mar 1998	311	108	12.80	2.31	$4,230
Feb 1998	317	101	13.95	2.30	$4,654
Jan 1998	334	105	14.70	2.15	$5,136
Dec 1997	326	159	16.32	2.41	$5,704
Nov 1997	323	64	18.19	3.09	$6,073
Oct 1997	322	121	19.25	3.15	$6,580
Sep 1997	318	124	17.74	2.95	$6,008
Aug 1997	499	126	17.86	2.55	$9,234
Jul 1997	319	128	17.58	2.25	$5,896
Jun 1997	464	163	17.24	2.26	$8,367
May 1997	480	134	18.97	2.31	$9,415
Apr 1997	334	122	17.88	2.08	$6,226
Mar 1997	164	16	18.95	1.94	$3,139
Feb 1997	164	79	20.49	2.21	$3,535
Jan 1997	324	139	23.48	3.54	$8,100
Dec 1996	317	39	23.32	—	$7,392
Nov 1996	159	89	21.97	—	$3,493
Oct 1996	309	75	23.31	—	$7,203
Sep 1996	162	82	22.22	—	$3,600
Aug 1996	314	82	20.26	—	$6,362
Jul 1996	164	83	19.55	—	$3,206
Jun 1996	328	80	18.73	—	$6,143
May 1996	300	91	19.43	—	$5,829
Apr 1996	164	86	21.51	—	$3,528
Mar 1996	333	91	19.38	—	$6,454
Feb 1996	329	86	16.98	—	$5,586
Jan 1996	162	88	17.07	—	$2,765
Dec 1995	322	93	17.19	—	$5,535
Nov 1995	158	72	16.00	—	$2,528
Oct 1995	300	89	15.43	—	$4,629
Sep 1995	310	90	16.18	—	$5,016
Aug 1995	308	90	15.92	—	$4,903
Jul 1995	301	88	15.24	—	$4,587
Jun 1995	306	92	16.41	—	$5,021
May 1995	155	86	17.56	—	$2,722
Apr 1995	313	91	17.73	—	$5,549
Mar 1995	315	93	16.44	—	$5,179
Feb 1995	310	82	16.58	—	$5,140
Jan 1995	150	68	15.92	—	$2,388
Dec 1994	314	72	15.03	—	$4,719
Nov 1994	147	76	15.90	—	$2,337
Oct 1994	310	91	15.58	—	$4,830
Sep 1994	310	90	15.29	—	$4,740
Aug 1994	149	84	16.13	—	$2,403
Jul 1994	303	92	17.56	—	$5,321
Jun 1994	311	85	17.09	—	$5,315
May 1994	328	92	15.88	—	$5,209
Apr 1994	157	79	14.14	—	$2,220
Mar 1994	321	88	12.46	—	$4,000
Feb 1994	180	83	12.50	—	$2,250
Jan 1994	365	85	12.66	—	$4,621
Dec 1993	340	89	12.33	—	$4,192
Nov 1993	182	95	14.49	—	$2,637
Oct 1993	325	86	15.85	—	$5,151
Sep 1993	180	84	15.03	—	$2,705
Aug 1993	343	89	15.66	—	$5,371
Jul 1993	172	91	15.46	—	$2,659
Jun 1993	360	87	16.79	—	$6,044
May 1993	181	96	17.68	—	$3,200
Apr 1993	346	95	18.05	—	$6,245
Mar 1993	350	93	18.14	—	$6,349
Feb 1993	167	93	17.90	—	$2,989
Jan 1993	353	89	16.93	—	$5,976

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.

Jun 2010 — as filed, then multipliedworked

Oil                   33 bbl  × $ 70.36 =     $2,322
Casinghead gas         0 Mcf  × $  4.91 =         $0

────────────────────────────────────────────────────
Month total                                   $2,322

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. 01/O/11922 is the state's own key, not one this site invented.