BANKHEAD

Operated by WILSON, BILLY R. (P-5 927891) in the FIRST SHOT (AUSTIN CHALK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 13295District 01Field 30967100Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$1.1 M
Jan 1993 – Nov 2002
Value, last 12 filed months
$239
at the published price for each month
Months reported
119
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 106 leases and 119 wells, and the rule below applies to all of them.

Discovered
1990-08-20
as the register files it
Field class
Oil
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 40 acres. The field rule took effect on 2017-01-24.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: 6 MONTH EXCEPTION TO SWR 51 (A)

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
OilDisposition62,908 bbl$1,055,069
Casinghead gasProduction46,640 Mcf$20,232
Total$1,075,301

39,214 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 29.1868, -97.6867. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.18678, -97.68669 · 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%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
11,090 ft
1 wells filed one
Completion to plug
10.8 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 11,090 ft.

Completions filed
Aug 1991
1 of 1 wells
Plug dates filed
Jun 2002
1 of 1 wells

Last completion to plug: a median of 10.8 years across the 1 well that filed both dates, with the middle half between 10.8 years and 10.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-177319211H11,090 ftAug 1991Jun 2002Yes

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 (119)

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

119 months

Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20029024.583.06$221
Jun 20020023.733.34$0
May 20020124.663.58$4
Apr 20020123.653.51$4
Mar 20020122.003.10$3
Feb 20020118.222.38$2
Jan 20020117.172.38$2
Dec 20010116.932.36$2
Nov 20010118.072.41$2
Oct 20010119.782.53$3
Sep 2001147124.262.25$3,568
Aug 20010124.873.05$3
Jul 20010123.933.20$3
Jun 20010124.563.82$4
May 20010125.524.31$4
Apr 20010124.685.34$5
Mar 2001168124.545.38$4,128
Feb 20010127.755.77$6
Jan 20010127.478.40$8
Dec 20000026.889.12$0
Nov 200051513732.215.66$17,363
Oct 200052515131.235.15$17,173
Sep 200071053731.875.19$25,413
Aug 200057119129.644.54$17,792
Jul 20000128.534.09$4
Jun 20000129.304.40$4
May 20000127.263.68$4
Apr 20000124.513.12$3
Mar 20000128.422.86$3
Feb 20000127.622.73$3
Jan 2000141125.272.48$3,566
Dec 19990124.282.42$2
Nov 1999139123.192.43$3,226
Oct 19990120.982.80$3
Sep 19990121.752.62$3
Aug 19990119.262.88$3
Jul 1999356117.892.37$6,371
Jun 199914721415.942.36$2,849
May 19990115.792.32$2
Apr 19991732115.102.21$2,659
Mar 19991955412.471.84$2,531
Feb 19990429.981.82$76
Jan 19990110.381.90$2
Dec 1998168209.201.77$1,581
Nov 19985052010.892.19$5,543
Oct 19981865812.421.97$2,424
Sep 199818917612.592.08$2,746
Aug 199835927811.301.91$4,587
Jul 1998534111.742.24$6,271
Jun 1998673011.242.24$7,565
May 1998876012.622.21$11,055
Apr 19981,176013.042.51$15,335
Mar 19981,38416112.802.31$18,087
Feb 1998525113.952.30$7,326
Jan 19982694014.702.15$4,040
Dec 19975358916.322.41$8,946
Nov 1997265018.193.09$4,820
Oct 19975435419.253.15$10,623
Sep 199735811317.742.95$6,685
Aug 19977169917.862.55$13,041
Jul 199768892917.582.25$14,182
Jun 199769382317.242.26$13,805
May 199753064418.972.31$11,541
Apr 199735187517.882.08$8,098
Mar 199769869318.951.94$14,571
Feb 199734628020.492.21$7,707
Jan 199733569323.483.54$10,319
Dec 199667862023.32$15,811
Nov 199685960021.97$18,872
Oct 199650562023.31$11,772
Sep 199669160022.22$15,354
Aug 199685162020.26$17,241
Jul 199669157019.55$13,509
Jun 199685657018.73$16,033
May 199670362019.43$13,659
Apr 199672290721.51$15,530
Mar 19961,0421,32919.38$20,194
Feb 19967281,01016.98$12,361
Jan 199682381817.07$14,049
Dec 199598882217.19$16,984
Nov 199550473116.00$8,064
Oct 19951,00869015.43$15,553
Sep 19951,03868516.18$16,795
Aug 19957091,23215.92$11,287
Jul 19951,0151,16015.24$15,469
Jun 19958771,13316.41$14,392
May 19951,0531,25617.56$18,491
Apr 19951,2351,10617.73$21,897
Mar 19958911,09016.44$14,648
Feb 19951,2121,57116.58$20,095
Jan 19951,5391,18115.92$24,501
Dec 199488088415.03$13,226
Nov 19941,05087015.90$16,695
Oct 19941,03897315.58$16,172
Sep 19941,2381,00715.29$18,929
Aug 19941,22282616.13$19,711
Jul 19941,24495417.56$21,845
Jun 19941,75986617.09$30,061
May 199452357515.88$8,305
Apr 19941,19465114.14$16,883
Mar 19942,07262012.46$25,817
Feb 199486231112.50$10,775
Jan 19941,9441,22712.66$24,611
Dec 19931,55249912.33$19,136
Nov 19931,06769014.49$15,461
Oct 19931,8231,44815.85$28,895
Sep 19931,1701,15115.03$17,585
Aug 19931,5241,07615.66$23,866
Jul 19938641,09915.46$13,357
Jun 19931,23088016.79$20,652
May 199302117.68$0
Apr 199317533018.05$3,159
Mar 1993016018.14$0
Feb 199318120417.90$3,240
Jan 199338035116.93$6,433

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 2002 — as filed, then multipliedworked
Oil                    9 bbl  × $ 24.58 =       $221
Casinghead gas         0 Mcf  × $  3.06 =         $0

────────────────────────────────────────────────────
Month total                                     $221

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/13295 is the state's own key, not one this site invented.