SOUTH TEXAS SYNDICATE

Operated by NULL, W.M. OPERATIONS, INC. (P-5 616360) in the WASHBURN RANCH, WEST (5100 SD.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 14073District 01Field 95341555OilCasinghead gasSaveExport
Value, all time
$116 k
Sep 1996 – Jul 2000
Value, last 12 filed months
$10 k
at the published price for each month
Months reported
47
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 leases and 1 wells, and the rule below applies to all of them.

Discovered
1960-06-01
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: SEPARATED FROM WASHBURN RANCH FIELD 6-1-60

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
OilDisposition2,614 bbl$47,547
Casinghead gasProduction36,846 Mcf$68,851
Total$116,398

8,475 Mcf of this lease's gas, across 4 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 28.3554, -98.9084. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.35542, -98.90841 · 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
5,718 ft
1 wells filed one
Completion to plug
20.2 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 5,718 ft.

Completions filed
Apr 2000
1 of 1 wells
Plug dates filed
Jun 2020
1 of 1 wells

Last completion to plug: a median of 20.2 years across the 1 well that filed both dates, with the middle half between 20.2 years and 20.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-283301158707E5,718 ftApr 2000Jun 2020Yes

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 (47)

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

47 months

Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20001544828.422.86$1,707
Feb 2000930727.622.73$1,086
Jan 20001344425.272.48$1,430
Dec 19991035524.282.42$1,103
Nov 19991139023.192.43$1,204
Oct 19991138520.982.80$1,310
Sep 19991035021.752.62$1,134
Aug 1999828019.262.88$959
Jul 19993963117.892.37$2,195
Jun 1999034015.942.36$803
May 199947822715.792.32$8,074
Apr 1999019015.102.21$420
Mar 199906212.471.84$114
Feb 199901859.981.82$336
Jan 1999030910.381.90$587
Dec 199803959.201.77$700
Nov 1998074010.892.19$1,617
Oct 19986749312.421.97$1,803
Sep 1998046912.592.08$977
Aug 1998054311.301.91$1,036
Jul 19989470311.742.24$2,676
Jun 19986366611.242.24$2,198
May 1998072812.622.21$1,606
Apr 1998068913.042.51$1,726
Mar 199818667612.802.31$3,942
Feb 1998050113.952.30$1,152
Jan 1998068914.702.15$1,485
Dec 199718485216.322.41$5,057
Nov 1997079018.193.09$2,440
Oct 199718784019.253.15$6,246
Sep 1997094017.742.95$2,778
Aug 199719195317.862.55$5,846
Jul 199701,06617.582.25$2,395
Jun 199703,30417.242.26$7,458
May 19971871,24218.972.31$6,415
Apr 19971861,16717.882.08$5,756
Mar 199701,51818.951.94$2,944
Feb 199701,50520.492.21$3,320
Jan 19971881,99923.483.54$11,490
Dec 19961691,02423.32$3,941
Nov 19961851,36521.97$4,064
Oct 19961232,64523.31$2,867
Sep 199603,44122.22$0

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.

Mar 2000 — as filed, then multipliedworked
Oil                   15 bbl  × $ 28.42 =       $426
Casinghead gas       448 Mcf  × $  2.86 =     $1,281

────────────────────────────────────────────────────
Month total                                   $1,707

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/14073 is the state's own key, not one this site invented.