BALLARD, NEAL -A-

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 12089District 01Field 22820001OilCasinghead gasSaveExport
Value, all time
$129 k
Jan 1993 – Apr 2006
Value, last 12 filed months
$9 k
at the published price for each month
Months reported
159
1 month not filed
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
OilDisposition7,093 bbl$128,522
Casinghead gasProduction54 Mcf$14
Total$128,536

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 (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 29.9321, -97.5174. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.93205, -97.51738 · 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 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
2,404 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.
1100.0%

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 2,404 ft.

Completions filed
Jul 1988
1 of 1 wells

1 well

42-055343821A2,404 ftJul 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 (159)

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

159 months

Apr 20060064.397.36$0
Mar 20060056.707.08$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 200524058.3413.80$1,400
Sep 200520061.4512.08$1,229
Aug 200515061.519.80$923
Jul 200516055.697.84$891
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 200586049.207.36$4,231
Mar 20050050.377.15$0
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 200139023.933.20$933
Jun 200142024.563.82$1,032
May 20010025.524.31$0
Apr 200138024.685.34$938
Mar 200137024.545.38$908
Feb 200138027.755.77$1,055
Jan 200131027.478.40$852
Dec 200056026.889.12$1,505
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 200053029.644.54$1,571
Jul 20000028.534.09$0
Jun 200022029.304.40$645
May 200034027.263.68$927
Apr 200047024.513.12$1,152
Mar 200041028.422.86$1,165
Feb 200072027.622.73$1,989
Jan 200027025.272.48$682
Dec 19990024.282.42$0
Nov 199943023.192.43$997
Oct 199933020.982.80$692
Sep 19990021.752.62$0
Aug 199928019.262.88$539
Jul 199941017.892.37$733
Jun 199956015.942.36$893
May 199924015.792.32$379
Apr 199936015.102.21$544
Mar 199933012.471.84$412
Feb 19994109.981.82$409
Jan 199939010.381.90$405
Dec 19984209.201.77$386
Nov 199846010.892.19$501
Oct 199831012.421.97$385
Sep 199830012.592.08$378
Aug 199849011.301.91$554
Jul 1998115011.742.24$1,350
Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 199848013.042.51$626
Mar 199829012.802.31$371
Feb 199843013.952.30$600
Jan 199855014.702.15$809
Dec 199743016.322.41$702
Nov 199729018.193.09$528
Oct 199750019.253.15$963
Sep 199749017.742.95$869
Aug 199752017.862.55$929
Jul 199749017.582.25$861
Jun 199762117.242.26$1,071
May 199734118.972.31$647
Apr 199750117.882.08$896
Mar 199760118.951.94$1,139
Feb 199747120.492.21$965
Jan 199750123.483.54$1,178
Dec 199660123.32$1,399
Nov 199670121.97$1,538
Oct 199688123.31$2,051
Sep 19960122.22$0
Aug 199651120.26$1,033
Jul 199663119.55$1,232
Jun 199647118.73$880
May 199668119.43$1,321
Apr 199644121.51$946
Mar 199668119.38$1,318
Feb 199663116.98$1,070
Jan 199660117.07$1,024
Dec 199562117.19$1,066
Nov 199566116.00$1,056
Oct 199572115.43$1,111
Sep 199563116.18$1,019
Aug 199581115.92$1,290
Jul 1995123115.24$1,875
Jun 19950116.41$0
May 199572117.56$1,264
Apr 199584117.73$1,489
Mar 199578116.44$1,282
Feb 199593116.58$1,542
Jan 199545115.92$716
Dec 199470115.03$1,052
Nov 199484115.90$1,336
Oct 199471115.58$1,106
Sep 199485115.29$1,300
Aug 199479116.13$1,274
Jul 199489117.56$1,563
Jun 1994101117.09$1,726
May 199485115.88$1,350
Apr 199487114.14$1,230
Mar 1994112112.46$1,396
Feb 1994102112.50$1,275
Jan 1994130112.66$1,646
Dec 199385112.33$1,048
Nov 1993162114.49$2,347
Oct 1993140115.85$2,219
Sep 1993148115.03$2,224
Aug 1993145115.66$2,271
Jul 1993282115.46$4,360
Jun 1993165116.79$2,770
May 1993150117.68$2,652
Apr 1993155118.05$2,798
Mar 1993256118.14$4,644
Feb 1993304117.90$5,442
Jan 1993310116.93$5,248

Not filed, and not zero: Feb 2006. The Railroad Commission holds no report for those months, so this page shows none — a zero would state that the lease produced nothing.

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.

Oct 2005 — as filed, then multipliedworked
Oil                   24 bbl  × $ 58.34 =     $1,400
Casinghead gas         0 Mcf  × $ 13.80 =         $0

────────────────────────────────────────────────────
Month total                                   $1,400

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/12089 is the state's own key, not one this site invented.