STOREY, H.D.

Operated by VIRTEX OPERATING COMPANY, INC. (P-5 886261) in the STOREY (4000) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 12238District 01Field 86357165OilCasinghead gasSaveExport
Value, all time
$1.6 M
Jan 1993 – Aug 2015
Value, last 12 filed months
$0
at the published price for each month
Months reported
272
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 2 leases and 3 wells, and the rule below applies to all of them.

Discovered
1989-04-16
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.

StreamBasisVolumeValue
OilDisposition49,428 bbl$1,596,655
Casinghead gasProduction11,826 Mcf$11,376
Total$1,608,031

7,162 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 28.3522, -98.9726. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

28.35217, -98.97258 · 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%
2 of 2 wells
With a plug date
100.0%
2 of 2 wells
Median depth
5,681 ft
2 wells filed one
Completion to plug
14.0 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
2100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
2100.0%
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

Between 5,645 and 5,716 ft, median 5,681 ft, over the 2 wells that filed a depth.

Completions filed
Apr 1989 – Jan 2003
2 of 2 wells
Plug dates filed
Nov 2004 – Jun 2015
2 of 2 wells

Last completion to plug: a median of 14.0 years across the 2 wells that filed both dates, with the middle half between 13.3 years and 14.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-2833156695,716 ftJan 2003Jun 2015Yes
42-2833002225,645 ftApr 1989Nov 2004Yes

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 (272)

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

272 months

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 201200101.102.57$0
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 201140094.144.52$3,766
Jun 20110092.904.64$0
May 201146098.134.40$4,514
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 201015080.843.80$1,213
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 201016073.684.42$1,179
Jul 201016072.554.74$1,161
Jun 201016070.364.91$1,126
May 20100071.124.24$0
Apr 201016081.694.12$1,307
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 201016074.365.96$1,190
Dec 20090071.445.48$0
Nov 200915074.593.75$1,119
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 200917061.133.46$1,039
Jun 200916066.163.90$1,059
May 200917054.743.93$931
Apr 20090046.773.59$0
Mar 200920042.144.06$843
Feb 20090032.814.63$0
Jan 200926035.865.37$932
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 200816075.246.92$1,204
Sep 200800101.767.88$0
Aug 2008150114.228.48$1,713
Jul 2008150131.0811.39$1,966
Jun 200800131.3313.03$0
May 2008160123.1711.57$1,971
Apr 200800110.3110.45$0
Mar 2008180101.909.66$1,834
Feb 20080092.538.77$0
Jan 200846090.388.21$4,157
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 2007211082.856.92$17,481
Sep 200783075.846.24$6,295
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 2007237062.007.55$14,694
May 2007133058.747.85$7,812
Apr 2007142059.617.81$8,465
Mar 2007274056.927.30$15,596
Feb 2007137055.108.22$7,549
Jan 2007409050.306.73$20,573
Dec 2006138056.656.92$7,818
Nov 2006276054.207.62$14,959
Oct 2006286054.906.01$15,701
Sep 2006278060.085.04$16,702
Aug 2006335068.717.34$23,018
Jul 2006281069.376.34$19,493
Jun 2006282066.286.38$18,691
May 2006358066.016.42$23,632
Apr 2006420064.397.36$27,044
Mar 2006282056.707.08$15,989
Feb 2006141057.597.75$8,120
Jan 2006415060.598.93$25,145
Dec 2005394054.9413.42$21,646
Nov 2005269054.6910.59$14,712
Oct 2005281058.3413.80$16,394
Sep 2005269061.4512.08$16,530
Aug 2005421061.519.80$25,896
Jul 2005414055.697.84$23,056
Jun 2005281052.337.38$14,705
May 2005563045.226.65$25,459
Apr 2005413049.207.36$20,320
Mar 2005711050.377.15$35,813
Feb 2005259045.226.31$11,712
Jan 2005425043.166.32$18,343
Dec 2004569039.866.75$22,680
Nov 2004436045.286.33$19,742
Oct 2004857049.706.52$42,593
Sep 2004567043.245.28$24,517
Aug 2004693042.375.55$29,362
Jul 2004857038.286.08$32,806
Jun 2004672036.106.43$24,259
May 2004659037.486.49$24,699
Apr 2004671034.475.86$23,129
Mar 2004856034.365.53$29,412
Feb 2004864032.455.51$28,037
Jan 2004542032.036.30$17,360
Dec 20031,036030.266.30$31,349
Nov 20031,006028.804.60$28,973
Oct 2003963028.174.76$27,128
Sep 20031,286026.314.75$33,835
Aug 2003949029.765.13$28,242
Jul 20031,031029.415.17$30,322
Jun 20031,295028.565.98$36,985
May 20031,074026.595.97$28,558
Apr 20031,270026.675.41$33,871
Mar 20031,081031.146.10$33,662
Feb 20031,273033.487.93$42,620
Jan 20031,541030.315.58$46,708
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 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
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 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 2000152127.622.73$472
Jan 2000243325.272.48$688
Dec 1999141924.282.42$386
Nov 1999151723.192.43$389
Oct 1999473020.982.80$1,070
Sep 19991056821.752.62$2,462
Aug 19991469519.262.88$3,085
Jul 19991469517.892.37$2,837
Jun 19991429115.942.36$2,478
May 19991368715.792.32$2,349
Apr 199917911415.102.21$2,955
Mar 19991569912.471.84$2,127
Feb 1999136869.981.82$1,514
Jan 19991899810.381.90$2,148
Dec 1998165929.201.77$1,681
Nov 19981659110.892.19$1,996
Oct 19981518312.421.97$2,039
Sep 19981468512.592.08$2,015
Aug 19981378011.301.91$1,701
Jul 199818110611.742.24$2,362
Jun 19981609411.242.24$2,009
May 19981247312.622.21$1,726
Apr 199815012213.042.51$2,262
Mar 199814519112.802.31$2,297
Feb 199814018413.952.30$2,376
Jan 199816421614.702.15$2,876
Dec 199716221416.322.41$3,160
Nov 199721728218.193.09$4,818
Oct 199723130619.253.15$5,411
Sep 199718925017.742.95$4,092
Aug 199714919717.862.55$3,164
Jul 199716521817.582.25$3,391
Jun 19979910717.242.26$1,948
May 199718814518.972.31$3,901
Apr 19972078817.882.08$3,884
Mar 199718612218.951.94$3,761
Feb 199718520520.492.21$4,243
Jan 199714416023.483.54$3,947
Dec 199620322623.32$4,734
Nov 199619421621.97$4,262
Oct 199624327123.31$5,664
Sep 199626427122.22$5,866
Aug 199623524820.26$4,761
Jul 199617318119.55$3,382
Jun 199621820918.73$4,083
May 199620821719.43$4,041
Apr 199618015921.51$3,872
Mar 199620533519.38$3,973
Feb 199614214216.98$2,411
Jan 199621319417.07$3,636
Dec 199525322717.19$4,349
Nov 199520918016.00$3,344
Oct 199519321015.43$2,978
Sep 199527216216.18$4,401
Aug 199526215615.92$4,171
Jul 199531018515.24$4,724
Jun 199530018716.41$4,923
May 199519710217.56$3,459
Apr 199529314717.73$5,195
Mar 199530915516.44$5,080
Feb 199521714016.58$3,598
Jan 199523117515.92$3,678
Dec 199422315515.03$3,352
Nov 199424214515.90$3,848
Oct 199428315515.58$4,409
Sep 199425715015.29$3,930
Aug 199428214016.13$4,549
Jul 199434720817.56$6,093
Jun 199423514317.09$4,016
May 199428917315.88$4,589
Apr 199431318714.14$4,426
Mar 199428318612.46$3,526
Feb 19943204212.50$4,000
Jan 19942152512.66$2,722
Dec 199322912912.33$2,824
Nov 199324015014.49$3,478
Oct 199329613215.85$4,692
Sep 199330110115.03$4,524
Aug 19932089315.66$3,257
Jul 19932171715.46$3,355
Jun 19932171716.79$3,643
May 19932411417.68$4,261
Apr 19932583218.05$4,657
Mar 19933023818.14$5,478
Feb 19932252317.90$4,028
Jan 19931971216.93$3,335

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.

Jul 2011 — as filed, then multipliedworked
Oil                   40 bbl  × $ 94.14 =     $3,766
Casinghead gas         0 Mcf  × $  4.52 =         $0

────────────────────────────────────────────────────
Month total                                   $3,766

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/12238 is the state's own key, not one this site invented.