HERRERA, GREGORIO ET AL

Operated by CENTURY RESOURCES, INC. (P-5 141835) in the SAN MIGUEL CREEK field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 14050District 01Field 80300001OilSaveExport
Value, all time
$641 k
Jun 1996 – Aug 2006
Value, last 12 filed months
$43 k
at the published price for each month
Months reported
123
no gaps in the span
Streams
1
oil

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 5 wells, and the rule below applies to all of them.

Discovered
1948-11-06
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

The Commission's schedule remark for this field reads: CONS. TO SAN MIGUEL CREEK (WILCOX CONS.)

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
OilDisposition25,922 bbl$640,690
Total$640,690

Wells on this lease (3)

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 28.6178, -98.5102. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

28.61786, -98.51024 · 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%
3 of 3 wells
With a plug date
33.3%
1 of 3 wells
Median depth
6,100 ft
3 wells filed one
Completion to plug
10.3 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
3100.0%
A plug date is filed
133.3%
BothOn the schedule and plugged. Neither fact cancels the other.
133.3%
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 6,100 ft, median 6,100 ft, over the 3 wells that filed a depth.

Completions filed
Jul 1997 – Nov 2011
3 of 3 wells
Plug dates filed
Feb 2022
1 of 3 wells; 2 filed none

Last completion to plug: a median of 10.3 years across the 1 well that filed both dates, with the middle half between 10.3 years and 10.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

3 wells

42-3113284575,645 ftNov 2011Feb 2022Yes
42-3113260246,100 ftAug 1997Yes
42-3113256836,100 ftJul 1997Yes

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 (123)

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

123 months

Aug 2006068.717.34$0
Jul 2006069.376.34$0
Jun 2006066.286.38$0
May 2006066.016.42$0
Apr 2006064.397.36$0
Mar 2006056.707.08$0
Feb 2006057.597.75$0
Jan 200620660.598.93$12,482
Dec 200517354.9413.42$9,505
Nov 20058554.6910.59$4,649
Oct 20059058.3413.80$5,251
Sep 200517461.4512.08$10,692
Aug 20059661.519.80$5,905
Jul 200517555.697.84$9,746
Jun 200522252.337.38$11,617
May 20059545.226.65$4,296
Apr 200520749.207.36$10,184
Mar 20059150.377.15$4,584
Feb 200519245.226.31$8,682
Jan 200519143.166.32$8,244
Dec 20049339.866.75$3,707
Nov 200424845.286.33$11,229
Oct 20049549.706.52$4,722
Sep 200418343.245.28$7,913
Aug 20049842.375.55$4,152
Jul 200418038.286.08$6,890
Jun 200418136.106.43$6,534
May 200418337.486.49$6,859
Apr 20048334.475.86$2,861
Mar 200418134.365.53$6,219
Feb 200417432.455.51$5,646
Jan 20048432.036.30$2,691
Dec 200320830.266.30$6,294
Nov 20038528.804.60$2,448
Oct 200317528.174.76$4,930
Sep 200315626.314.75$4,104
Aug 200315529.765.13$4,613
Jul 200316929.415.17$4,970
Jun 20038728.565.98$2,485
May 200316126.595.97$4,281
Apr 200318026.675.41$4,801
Mar 200317931.146.10$5,574
Feb 200317733.487.93$5,926
Jan 20039030.315.58$2,728
Dec 20028826.914.85$2,368
Nov 200213924.664.14$3,428
Oct 200217626.464.23$4,657
Sep 20028727.443.64$2,387
Aug 200226525.963.16$6,879
Jul 200217524.583.06$4,302
Jun 200217723.733.34$4,200
May 200217824.663.58$4,389
Apr 200217823.653.51$4,210
Mar 200217922.003.10$3,938
Feb 200218118.222.38$3,298
Jan 200222917.172.38$3,932
Dec 200118016.932.36$3,047
Nov 200116618.072.41$3,000
Oct 200122619.782.53$4,470
Sep 200117324.262.25$4,197
Aug 200135724.873.05$8,879
Jul 200135223.933.20$8,423
Jun 200117724.563.82$4,347
May 200135725.524.31$9,111
Apr 200118024.685.34$4,442
Mar 200118124.545.38$4,442
Feb 200117327.755.77$4,801
Jan 200118227.478.40$5,000
Dec 200018126.889.12$4,865
Nov 200017932.215.66$5,766
Oct 200017831.235.15$5,559
Sep 200017731.875.19$5,641
Aug 200034829.644.54$10,315
Jul 200017228.534.09$4,907
Jun 200035129.304.40$10,284
May 200034727.263.68$9,459
Apr 200035124.513.12$8,603
Mar 200036428.422.86$10,345
Feb 200017627.622.73$4,861
Jan 200035225.272.48$8,895
Dec 199936924.282.42$8,959
Nov 199935623.192.43$8,256
Oct 199934820.982.80$7,301
Sep 199933421.752.62$7,265
Aug 199934819.262.88$6,702
Jul 199935117.892.37$6,279
Jun 199951815.942.36$8,257
May 199935215.792.32$5,558
Apr 199951215.102.21$7,731
Mar 199935812.471.84$4,464
Feb 19995029.981.82$5,010
Jan 199934610.381.90$3,591
Dec 19985369.201.77$4,931
Nov 199834710.892.19$3,779
Oct 199817812.421.97$2,211
Sep 199816312.592.08$2,052
Aug 1998011.301.91$0
Jul 199834311.742.24$4,027
Jun 199817811.242.24$2,001
May 199816512.622.21$2,082
Apr 199817413.042.51$2,269
Mar 19987212.802.31$922
Feb 199816913.952.30$2,358
Jan 199819714.702.15$2,896
Dec 199721816.322.41$3,558
Nov 199733918.193.09$6,166
Oct 199753819.253.15$10,357
Sep 199733017.742.95$5,854
Aug 199737217.862.55$6,644
Jul 199716417.582.25$2,883
Jun 199726417.242.26$4,551
May 199717518.972.31$3,320
Apr 199721417.882.08$3,826
Mar 199717218.951.94$3,259
Feb 199718120.492.21$3,709
Jan 199727723.483.54$6,504
Dec 199618223.32$4,244
Nov 199625421.97$5,580
Oct 199635423.31$8,252
Sep 199621722.22$4,822
Aug 199634420.26$6,969
Jul 199651719.55$10,107
Jun 19966018.73$1,124

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 2006 — as filed, then multipliedworked
Oil                  206 bbl  × $ 60.59 =    $12,482

────────────────────────────────────────────────────
Month total                                  $12,482

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/14050 is the state's own key, not one this site invented.