N. BALLARD

Operated by GEOMEG ENERGY OPERATING CO., LLC (P-5 300803) in the DALE-MCBRIDE field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 11992District 01Field 22820001OilCasinghead gasSaveExport
Value, all time
$151 k
Jan 1993 – Apr 2006
Value, last 12 filed months
$12 k
at the published price for each month
Months reported
160
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 100 leases and 463 wells, and the rule below applies to all of them.

Discovered
1970-07-01
as the register files it
Field class
Oil
the register's own label
Between wells
300 ft
minimum
From a lease line
150 ft
minimum

A drilling unit in this field needs at least 2 acres.

The Commission's schedule remark for this field reads: & DALE, WEST INTO ONE FIELD DALE-MCBRIDE 7/1/70

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
OilDisposition8,188 bbl$150,622
Casinghead gasProduction54 Mcf$14
Total$150,637

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 29.9306, -97.5134. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

29.93055, -97.51341 · 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
0.0%
0 of 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
2,451 ft
2 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

Between 2,436 and 2,465 ft, median 2,451 ft, over the 2 wells that filed a depth.

Completions filed
Mar 1988 – Nov 1992
2 of 2 wells

2 wells

42-0553447232,436 ftNov 1992
42-0553433412,465 ftMar 1988

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 (160)

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

160 months

Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 200669057.597.75$3,974
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 200545058.3413.80$2,625
Sep 200517061.4512.08$1,045
Aug 200515061.519.80$923
Jul 20059055.697.84$501
Jun 200550052.337.38$2,617
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 2005122050.377.15$6,145
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 200143024.563.82$1,056
May 200149025.524.31$1,250
Apr 200134024.685.34$839
Mar 200161024.545.38$1,497
Feb 200175027.755.77$2,081
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 200023029.304.40$674
May 200041027.263.68$1,118
Apr 200028024.513.12$686
Mar 200029028.422.86$824
Feb 200085027.622.73$2,348
Jan 200041025.272.48$1,036
Dec 19990024.282.42$0
Nov 199940023.192.43$928
Oct 199936020.982.80$755
Sep 19990021.752.62$0
Aug 199922019.262.88$424
Jul 199924017.892.37$429
Jun 199933015.942.36$526
May 199958015.792.32$916
Apr 199955015.102.21$831
Mar 199915012.471.84$187
Feb 19996709.981.82$669
Jan 1999101010.381.90$1,048
Dec 199816909.201.77$1,555
Nov 1998180010.892.19$1,960
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 19980011.742.24$0
Jun 199826011.242.24$292
May 199835012.622.21$442
Apr 199885013.042.51$1,108
Mar 19980012.802.31$0
Feb 19980013.952.30$0
Jan 19980014.702.15$0
Dec 19970016.322.41$0
Nov 199735018.193.09$637
Oct 19970019.253.15$0
Sep 199736017.742.95$639
Aug 199747017.862.55$839
Jul 199742017.582.25$738
Jun 199790117.242.26$1,554
May 199726118.972.31$496
Apr 199770117.882.08$1,254
Mar 199747118.951.94$893
Feb 199776120.492.21$1,559
Jan 199732123.483.54$755
Dec 199648123.32$1,119
Nov 199668121.97$1,494
Oct 199666123.31$1,538
Sep 199666122.22$1,467
Aug 199665120.26$1,317
Jul 199691119.55$1,779
Jun 199670118.73$1,311
May 1996106119.43$2,060
Apr 199615121.51$323
Mar 199645119.38$872
Feb 199675116.98$1,274
Jan 199695117.07$1,622
Dec 1995106117.19$1,822
Nov 199546116.00$736
Oct 1995102115.43$1,574
Sep 199551116.18$825
Aug 199584115.92$1,337
Jul 199565115.24$991
Jun 199594116.41$1,543
May 199583117.56$1,457
Apr 199565117.73$1,152
Mar 1995104116.44$1,710
Feb 199557116.58$945
Jan 199534115.92$541
Dec 199494115.03$1,413
Nov 1994103115.90$1,638
Oct 1994112115.58$1,745
Sep 199495115.29$1,453
Aug 1994126116.13$2,032
Jul 1994138117.56$2,423
Jun 19940117.09$0
May 1994126115.88$2,001
Apr 1994116114.14$1,640
Mar 1994151112.46$1,881
Feb 1994149112.50$1,863
Jan 1994124112.66$1,570
Dec 1993148112.33$1,825
Nov 1993161114.49$2,333
Oct 1993108115.85$1,712
Sep 1993199115.03$2,991
Aug 1993138115.66$2,161
Jul 1993326115.46$5,040
Jun 1993338116.79$5,675
May 1993165117.68$2,917
Apr 1993164118.05$2,960
Mar 1993322118.14$5,841
Feb 1993497117.90$8,896
Jan 1993304116.93$5,147

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 2006 — as filed, then multipliedworked
Oil                   69 bbl  × $ 57.59 =     $3,974
Casinghead gas         0 Mcf  × $  7.75 =         $0

────────────────────────────────────────────────────
Month total                                   $3,974

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/11992 is the state's own key, not one this site invented.