TEAL

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

Operated by WHITE OAK OPERATING COMPANY LLC (P-5 916954) in the TEAL S. (WALES) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 12005District 01Field 88603700NGPA filingOilCasinghead gasSave Export

Value, all time

$1.5 M

Jan 1993 – Jun 2019

Value, last 12 filed months

at the published price for each month

Months reported

318

no gaps in the span

Streams

oil, casinghead gas

The TEAL S. (WALES) 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 1 leases and 1 wells, and the rule below applies to all of them.

Discovered

1988-03-10

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

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.

Programme	Filings	With an approval date	Dated	Docket
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Oil	Disposition	26,148 bbl	$1,533,495
Casinghead gas	Production	10,999 Mcf	$12,230
Total			$1,545,726

8,702 Mcf of this lease's gas, across 16 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 28.5116, -98.4505. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.51165, -98.45048 · 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

6,323 ft

1 wells filed one

Completion to plug

30.1 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 6,323 ft.

Completions filed

Mar 1988

1 of 1 wells

Plug dates filed

Apr 2018

1 of 1 wells

Last completion to plug: a median of 30.1 years across the 1 well that filed both dates, with the middle half between 30.1 years and 30.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-31132621	1R	6,323 ft	Mar 1988	Apr 2018	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 (318)

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

318 months


Jun 2019	0	0	52.78	2.49	$0
May 2019	0	0	58.48	2.74	$0
Apr 2019	0	0	62.63	2.75	$0
Mar 2019	0	0	56.80	3.06	$0
Feb 2019	0	0	50.85	2.79	$0
Jan 2019	0	0	46.03	3.23	$0
Dec 2018	0	0	46.59	4.19	$0
Nov 2018	0	0	52.93	4.24	$0
Oct 2018	0	0	61.44	3.40	$0
Sep 2018	0	0	59.54	3.11	$0
Aug 2018	0	0	59.40	3.07	$0
Jul 2018	0	0	65.14	2.93	$0
Jun 2018	0	0	60.18	3.08	$0
May 2018	0	0	65.38	2.90	$0
Apr 2018	0	0	63.84	2.90	$0
Mar 2018	0	0	61.22	2.79	$0
Feb 2018	0	0	61.78	2.77	$0
Jan 2018	0	0	62.87	4.01	$0
Dec 2017	0	0	57.27	2.92	$0
Nov 2017	0	0	55.42	3.12	$0
Oct 2017	0	0	49.29	2.98	$0
Sep 2017	0	0	47.52	3.09	$0
Aug 2017	0	0	45.37	3.00	$0
Jul 2017	0	0	43.87	3.09	$0
Jun 2017	0	0	42.49	3.09	$0
May 2017	0	0	45.37	3.26	$0
Apr 2017	0	0	47.93	3.21	$0
Mar 2017	0	0	46.77	2.98	$0
Feb 2017	0	0	50.45	2.95	$0
Jan 2017	0	0	49.41	3.42	$0
Dec 2016	0	0	48.76	3.72	$0
Nov 2016	0	0	42.49	2.64	$0
Oct 2016	0	0	46.19	3.09	$0
Sep 2016	0	0	41.55	3.10	$0
Aug 2016	0	0	41.44	2.92	$0
Jul 2016	0	0	41.62	2.92	$0
Jun 2016	0	0	45.35	2.69	$0
May 2016	0	0	42.52	1.99	$0
Apr 2016	0	0	36.56	1.99	$0
Mar 2016	0	0	33.01	1.79	$0
Feb 2016	0	0	26.47	2.06	$0
Jan 2016	3	0	27.35	2.36	$82
Dec 2015	9	0	32.36	2.00	$291
Nov 2015	173	0	38.79	2.17	$6,711
Oct 2015	0	0	43.55	2.43	$0
Sep 2015	0	0	42.99	2.76	$0
Aug 2015	0	0	40.16	2.87	$0
Jul 2015	0	0	48.15	2.95	$0
Jun 2015	0	0	56.15	2.88	$0
May 2015	0	0	55.21	2.96	$0
Apr 2015	0	0	49.82	2.71	$0
Mar 2015	0	0	42.89	2.93	$0
Feb 2015	0	0	44.66	2.98	$0
Jan 2015	0	0	43.43	3.10	$0
Dec 2014	180	0	54.69	3.59	$9,844
Nov 2014	0	0	70.46	4.25	$0
Oct 2014	0	0	78.30	3.90	$0
Sep 2014	167	0	86.16	4.05	$14,389
Aug 2014	175	0	89.39	4.04	$15,643
Jul 2014	0	0	96.56	4.18	$0
Jun 2014	172	0	98.16	4.74	$16,884
May 2014	0	0	94.73	4.73	$0
Apr 2014	174	0	95.94	4.81	$16,694
Mar 2014	0	0	95.89	5.06	$0
Feb 2014	173	0	97.40	6.19	$16,850
Jan 2014	0	0	90.40	4.86	$0
Dec 2013	169	0	91.82	4.35	$15,518
Nov 2013	0	0	88.85	3.74	$0
Oct 2013	167	0	97.42	3.78	$16,269
Sep 2013	0	0	104.11	3.72	$0
Aug 2013	178	0	104.25	3.52	$18,557
Jul 2013	0	0	102.52	3.72	$0
Jun 2013	171	0	94.40	3.93	$16,142
May 2013	174	0	94.83	4.15	$16,500
Apr 2013	0	0	93.96	4.28	$0
Mar 2013	0	0	93.62	3.91	$0
Feb 2013	168	0	91.23	3.42	$15,327
Jan 2013	170	0	91.60	3.42	$15,572
Dec 2012	0	0	86.77	3.42	$0
Nov 2012	0	0	86.95	3.62	$0
Oct 2012	188	0	89.38	3.40	$16,803
Sep 2012	0	0	94.67	2.92	$0
Aug 2012	187	0	92.66	2.91	$17,327
Jul 2012	0	0	85.13	3.02	$0
Jun 2012	334	0	79.82	2.52	$26,660
May 2012	0	0	91.61	2.49	$0
Apr 2012	191	0	101.65	2.00	$19,415
Mar 2012	0	0	105.05	2.22	$0
Feb 2012	188	0	101.10	2.57	$19,007
Jan 2012	185	0	98.09	2.73	$18,147
Dec 2011	0	0	96.87	3.24	$0
Nov 2011	190	0	95.72	3.31	$18,187
Oct 2011	178	0	84.98	3.65	$15,126
Sep 2011	182	0	83.62	3.99	$15,219
Aug 2011	193	0	83.40	4.15	$16,096
Jul 2011	184	0	94.14	4.52	$17,322
Jun 2011	166	0	92.90	4.64	$15,421
May 2011	169	0	98.13	4.40	$16,584
Apr 2011	197	0	105.96	4.33	$20,874
Mar 2011	185	0	96.36	4.06	$17,827
Feb 2011	196	0	85.64	4.18	$16,785
Jan 2011	192	0	86.50	4.59	$16,608
Dec 2010	192	0	85.73	4.35	$16,460
Nov 2010	0	0	80.84	3.80	$0
Oct 2010	205	0	78.10	3.51	$16,011
Sep 2010	0	0	72.63	3.98	$0
Aug 2010	176	0	73.68	4.42	$12,968
Jul 2010	179	0	72.55	4.74	$12,986
Jun 2010	180	0	70.36	4.91	$12,665
May 2010	171	0	71.12	4.24	$12,162
Apr 2010	171	0	81.69	4.12	$13,969
Mar 2010	186	0	78.39	4.39	$14,581
Feb 2010	0	0	73.58	5.44	$0
Jan 2010	355	0	74.36	5.96	$26,398
Dec 2009	176	0	71.44	5.48	$12,573
Nov 2009	184	0	74.59	3.75	$13,725
Oct 2009	353	0	72.54	4.11	$25,607
Sep 2009	183	0	65.54	3.06	$11,994
Aug 2009	166	0	67.42	3.22	$11,192
Jul 2009	175	0	61.13	3.46	$10,698
Jun 2009	358	0	66.16	3.90	$23,685
May 2009	181	0	54.74	3.93	$9,908
Apr 2009	373	0	46.77	3.59	$17,445
Mar 2009	190	0	42.14	4.06	$8,007
Feb 2009	381	0	32.81	4.63	$12,501
Jan 2009	176	0	35.86	5.37	$6,311
Dec 2008	367	0	37.10	5.98	$13,616
Nov 2008	332	0	55.49	6.86	$18,423
Oct 2008	198	0	75.24	6.92	$14,898
Sep 2008	198	0	101.76	7.88	$20,148
Aug 2008	390	0	114.22	8.48	$44,546
Jul 2008	198	0	131.08	11.39	$25,954
Jun 2008	369	0	131.33	13.03	$48,461
May 2008	198	0	123.17	11.57	$24,388
Apr 2008	367	0	110.31	10.45	$40,484
Mar 2008	377	0	101.90	9.66	$38,416
Feb 2008	196	0	92.53	8.77	$18,136
Jan 2008	0	0	90.38	8.21	$0
Dec 2007	362	0	88.33	7.30	$31,975
Nov 2007	362	0	91.67	7.29	$33,185
Oct 2007	198	0	82.85	6.92	$16,404
Sep 2007	172	0	75.84	6.24	$13,044
Aug 2007	358	0	69.06	6.39	$24,723
Jul 2007	367	0	70.90	6.39	$26,020
Jun 2007	364	0	62.00	7.55	$22,568
May 2007	184	0	58.74	7.85	$10,808
Apr 2007	179	0	59.61	7.81	$10,670
Mar 2007	0	0	56.92	7.30	$0
Feb 2007	0	0	55.10	8.22	$0
Jan 2007	180	0	50.30	6.73	$9,054
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	0	0	69.37	6.34	$0
Jun 2006	0	0	66.28	6.38	$0
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	0	0	57.59	7.75	$0
Jan 2006	0	0	60.59	8.93	$0
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	0	0	61.45	12.08	$0
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	0	0	50.37	7.15	$0
Feb 2005	0	0	45.22	6.31	$0
Jan 2005	189	75	43.16	6.32	$8,631
Dec 2004	0	11	39.86	6.75	$74
Nov 2004	0	0	45.28	6.33	$0
Oct 2004	0	0	49.70	6.52	$0
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	0	0	37.48	6.49	$0
Apr 2004	0	0	34.47	5.86	$0
Mar 2004	0	0	34.36	5.53	$0
Feb 2004	0	0	32.45	5.51	$0
Jan 2004	0	0	32.03	6.30	$0
Dec 2003	0	0	30.26	6.30	$0
Nov 2003	0	0	28.80	4.60	$0
Oct 2003	0	0	28.17	4.76	$0
Sep 2003	0	0	26.31	4.75	$0
Aug 2003	0	0	29.76	5.13	$0
Jul 2003	0	0	29.41	5.17	$0
Jun 2003	0	0	28.56	5.98	$0
May 2003	0	0	26.59	5.97	$0
Apr 2003	0	0	26.67	5.41	$0
Mar 2003	0	0	31.14	6.10	$0
Feb 2003	0	0	33.48	7.93	$0
Jan 2003	0	0	30.31	5.58	$0
Dec 2002	0	0	26.91	4.85	$0
Nov 2002	0	0	24.66	4.14	$0
Oct 2002	0	0	26.46	4.23	$0
Sep 2002	0	0	27.44	3.64	$0
Aug 2002	0	0	25.96	3.16	$0
Jul 2002	0	0	24.58	3.06	$0
Jun 2002	0	0	23.73	3.34	$0
May 2002	0	0	24.66	3.58	$0
Apr 2002	0	38	23.65	3.51	$133
Mar 2002	0	0	22.00	3.10	$0
Feb 2002	0	0	18.22	2.38	$0
Jan 2002	0	0	17.17	2.38	$0
Dec 2001	0	0	16.93	2.36	$0
Nov 2001	0	0	18.07	2.41	$0
Oct 2001	0	0	19.78	2.53	$0
Sep 2001	0	28	24.26	2.25	$63
Aug 2001	386	127	24.87	3.05	$9,988
Jul 2001	194	101	23.93	3.20	$4,965
Jun 2001	390	69	24.56	3.82	$9,842
May 2001	193	104	25.52	4.31	$5,373
Apr 2001	186	79	24.68	5.34	$5,012
Mar 2001	187	150	24.54	5.38	$5,395
Feb 2001	389	230	27.75	5.77	$12,121
Jan 2001	393	157	27.47	8.40	$12,114
Dec 2000	193	206	26.88	9.12	$7,067
Nov 2000	0	46	32.21	5.66	$260
Oct 2000	397	301	31.23	5.15	$13,947
Sep 2000	389	9	31.87	5.19	$12,444
Aug 2000	194	230	29.64	4.54	$6,795
Jul 2000	387	218	28.53	4.09	$11,933
Jun 2000	194	118	29.30	4.40	$6,203
May 2000	0	0	27.26	3.68	$0
Apr 2000	0	0	24.51	3.12	$0
Mar 2000	0	0	28.42	2.86	$0
Feb 2000	0	0	27.62	2.73	$0
Jan 2000	0	0	25.27	2.48	$0
Dec 1999	0	0	24.28	2.42	$0
Nov 1999	0	0	23.19	2.43	$0
Oct 1999	0	0	20.98	2.80	$0
Sep 1999	0	0	21.75	2.62	$0
Aug 1999	0	0	19.26	2.88	$0
Jul 1999	0	0	17.89	2.37	$0
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	0	10.38	1.90	$0
Dec 1998	0	0	9.20	1.77	$0
Nov 1998	0	0	10.89	2.19	$0
Oct 1998	74	0	12.42	1.97	$919
Sep 1998	0	0	12.59	2.08	$0
Aug 1998	0	0	11.30	1.91	$0
Jul 1998	0	0	11.74	2.24	$0
Jun 1998	0	0	11.24	2.24	$0
May 1998	0	0	12.62	2.21	$0
Apr 1998	0	0	13.04	2.51	$0
Mar 1998	0	0	12.80	2.31	$0
Feb 1998	0	0	13.95	2.30	$0
Jan 1998	0	0	14.70	2.15	$0
Dec 1997	0	0	16.32	2.41	$0
Nov 1997	0	0	18.19	3.09	$0
Oct 1997	0	0	19.25	3.15	$0
Sep 1997	0	0	17.74	2.95	$0
Aug 1997	0	0	17.86	2.55	$0
Jul 1997	0	0	17.58	2.25	$0
Jun 1997	0	0	17.24	2.26	$0
May 1997	0	0	18.97	2.31	$0
Apr 1997	0	0	17.88	2.08	$0
Mar 1997	0	0	18.95	1.94	$0
Feb 1997	0	0	20.49	2.21	$0
Jan 1997	0	0	23.48	3.54	$0
Dec 1996	0	0	23.32	—	$0
Nov 1996	0	0	21.97	—	$0
Oct 1996	0	0	23.31	—	$0
Sep 1996	0	0	22.22	—	$0
Aug 1996	0	0	20.26	—	$0
Jul 1996	0	0	19.55	—	$0
Jun 1996	0	0	18.73	—	$0
May 1996	0	0	19.43	—	$0
Apr 1996	0	0	21.51	—	$0
Mar 1996	0	0	19.38	—	$0
Feb 1996	0	0	16.98	—	$0
Jan 1996	0	0	17.07	—	$0
Dec 1995	0	0	17.19	—	$0
Nov 1995	0	0	16.00	—	$0
Oct 1995	0	0	15.43	—	$0
Sep 1995	0	0	16.18	—	$0
Aug 1995	0	0	15.92	—	$0
Jul 1995	0	0	15.24	—	$0
Jun 1995	0	0	16.41	—	$0
May 1995	0	0	17.56	—	$0
Apr 1995	0	0	17.73	—	$0
Mar 1995	0	0	16.44	—	$0
Feb 1995	0	0	16.58	—	$0
Jan 1995	0	0	15.92	—	$0
Dec 1994	128	0	15.03	—	$1,924
Nov 1994	0	0	15.90	—	$0
Oct 1994	0	0	15.58	—	$0
Sep 1994	0	0	15.29	—	$0
Aug 1994	0	0	16.13	—	$0
Jul 1994	0	0	17.56	—	$0
Jun 1994	0	0	17.09	—	$0
May 1994	0	1	15.88	—	$0
Apr 1994	0	0	14.14	—	$0
Mar 1994	178	1	12.46	—	$2,218
Feb 1994	0	305	12.50	—	$0
Jan 1994	180	338	12.66	—	$2,279
Dec 1993	180	338	12.33	—	$2,219
Nov 1993	0	327	14.49	—	$0
Oct 1993	354	825	15.85	—	$5,611
Sep 1993	177	897	15.03	—	$2,660
Aug 1993	355	770	15.66	—	$5,559
Jul 1993	355	987	15.46	—	$5,488
Jun 1993	703	830	16.79	—	$11,803
May 1993	362	743	17.68	—	$6,400
Apr 1993	534	504	18.05	—	$9,639
Mar 1993	524	724	18.14	—	$9,505
Feb 1993	532	521	17.90	—	$9,523
Jan 1993	896	591	16.93	—	$15,169

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.

Jan 2016 — as filed, then multipliedworked

Oil                    3 bbl  × $ 27.35 =        $82
Casinghead gas         0 Mcf  × $  2.36 =         $0

────────────────────────────────────────────────────
Month total                                      $82

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/12005 is the state's own key, not one this site invented.