KINCAID

Operated by WILLIAMS, CLAYTON ENERGY, INC. (P-5 924624) in the PEARSALL (AUSTIN CHALK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 12402District 01Field 69981125OilCasinghead gasSaveExport
Value, all time
$1.3 M
Jan 1993 – Feb 2001
Value, last 12 filed months
$4 k
at the published price for each month
Months reported
98
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 1,992 leases and 3,388 wells, and the rule below applies to all of them.

Discovered
1936-12-28
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2025-06-17.

The Commission's schedule remark for this field reads: LEASE PLAT. PRORATION PLAT IS NOT REQUIRED.

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
OilDisposition72,855 bbl$1,224,704
Casinghead gasProduction75,402 Mcf$28,917
Total$1,253,621

63,612 Mcf of this lease's gas, across 46 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 28.7079, -99.3130. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

28.70792, -99.31304 · 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
9,554 ft
2 wells filed one
Completion to plug
7.0 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 9,290 and 9,817 ft, median 9,554 ft, over the 2 wells that filed a depth.

Completions filed
Feb 1990 – May 1990
2 of 2 wells
Plug dates filed
Jul 1993 – Nov 2000
2 of 2 wells

Last completion to plug: a median of 7.0 years across the 2 wells that filed both dates, with the middle half between 5.1 years and 8.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-1633270129,817 ftMay 1990Jul 1993Yes
42-1633260519,290 ftFeb 1990Nov 2000Yes

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 (98)

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

98 months

Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 2000134026.889.12$3,602
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 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 1998341012.592.08$4,293
Aug 1998342011.301.91$3,865
Jul 1998686011.742.24$8,054
Jun 1998522011.242.24$5,867
May 1998665012.622.21$8,392
Apr 1998345013.042.51$4,499
Mar 1998342012.802.31$4,378
Feb 1998716013.952.30$9,988
Jan 1998673014.702.15$9,893
Dec 1997663016.322.41$10,820
Nov 199783226818.193.09$15,962
Oct 199767696319.253.15$16,046
Sep 19976771,17217.742.95$15,473
Aug 19978611,32817.862.55$18,770
Jul 19976851,53617.582.25$15,494
Jun 19976791,39717.242.26$14,859
May 19974951,38418.972.31$12,585
Apr 19976681,21917.882.08$14,483
Mar 19975171,35818.951.94$12,431
Feb 199770367120.492.21$15,885
Jan 199768449423.483.54$17,809
Dec 19966871,74723.32$16,021
Nov 19964891,39521.97$10,743
Oct 19965031,00423.31$11,725
Sep 19966761,37822.22$15,021
Aug 199667274320.26$13,615
Jul 199668558519.55$13,392
Jun 199668870718.73$12,886
May 199698675619.43$19,158
Apr 19961,2431,35921.51$26,737
Mar 19961,3581,70619.38$26,318
Feb 199633946416.98$5,756
Jan 19965106417.07$8,706
Dec 19950017.19$0
Nov 199516524216.00$2,640
Oct 19956932,30415.43$10,693
Sep 19951,3751,94716.18$22,248
Aug 19951,3942,57715.92$22,192
Jul 19951,8841,18515.24$28,712
Jun 19951,7202,70416.41$28,225
May 19952,4353,13617.56$42,759
Apr 19951,8782,92417.73$33,297
Mar 19952,2563,43916.44$37,089
Feb 19952,0392,89916.58$33,807
Jan 19952,1863,31815.92$34,801
Dec 19943,2443,07415.03$48,757
Nov 19943,3983,00715.90$54,028
Oct 19942,8482,71515.58$44,372
Sep 19942,8592,92115.29$43,714
Aug 19942,2422,42616.13$36,163
Jul 19942,1342,24317.56$37,473
Jun 19942,3682,08717.09$40,469
May 19942,514115.88$39,922
Apr 19941,757114.14$24,844
Mar 199489443612.46$11,139
Feb 19940012.50$0
Jan 19944112.66$51
Dec 1993202512.33$2,491
Nov 19934114.49$58
Oct 1993148115.85$2,346
Sep 1993153115.03$2,300
Aug 1993176115.66$2,756
Jul 19933334215.46$5,148
Jun 199351829216.79$8,697
May 19931,04166917.68$18,405
Apr 19931,06179718.05$19,151
Mar 19931,58475118.14$28,734
Feb 19931,61591917.90$28,909
Jan 19931,9912,63816.93$33,708

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.

Dec 2000 — as filed, then multipliedworked
Oil                  134 bbl  × $ 26.88 =     $3,602
Casinghead gas         0 Mcf  × $  9.12 =         $0

────────────────────────────────────────────────────
Month total                                   $3,602

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/12402 is the state's own key, not one this site invented.