MARPAT B

Operated by PRODUCTION RESOURCES, INC. (P-5 680845) in the SOMERSET field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 18927District 01Field 84560001OilSaveExport
Value, all time
$194 k
May 2016 – Jan 2024
Value, last 12 filed months
$12 k
at the published price for each month
Months reported
93
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 1,033 leases and 5,137 wells, and the rule below applies to all of them.

Discovered
1911-12-31
as the register files it
Field class
Oil and gas
the register's own label
Between wells
330 ft
minimum
From a lease line
150 ft
minimum

A drilling unit in this field needs at least 2.05 acres. The field rule took effect on 1986-02-01.

The Commission's schedule remark for this field reads: RULES EFF. FOR SOMERSET FIELD 12-11-78.

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
OilDisposition3,321 bbl$193,858
Total$193,858

Wells on this lease (4)

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 29.2145, -98.6562. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

29.21471, -98.65636 · 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
0.0%
0 of 4 wells
With a plug date
0.0%
0 of 4 wells
Median depth
1,698 ft
4 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
4100.0%

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 1,230 and 1,707 ft, median 1,698 ft, over the 4 wells that filed a depth.

Completions filed
Apr 2017 – May 2017
4 of 4 wells

4 wells

42-0293835651,707 ftMay 2017
42-0293835541,695 ftMay 2017
42-0293835731,230 ftApr 2017
42-0293835421,701 ftApr 2017

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 (93)

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

93 months

Jan 2024073.023.30$0
Dec 2023071.262.61$0
Nov 2023077.892.81$0
Oct 20232085.443.09$1,709
Sep 20234789.042.74$4,185
Aug 2023080.522.67$0
Jul 2023074.852.64$0
Jun 2023068.962.26$0
May 2023070.622.23$0
Apr 20237278.122.24$5,625
Mar 2023072.852.39$0
Feb 2023075.112.47$0
Jan 2023076.533.39$0
Dec 20227876.415.73$5,960
Nov 2022085.005.65$0
Oct 2022087.185.86$0
Sep 2022084.888.16$0
Aug 20224094.529.13$3,781
Jul 20220101.587.54$0
Jun 202271115.097.98$8,171
May 20220109.378.43$0
Apr 20220104.226.84$0
Mar 202269108.885.08$7,513
Feb 2022091.054.86$0
Jan 2022081.844.54$0
Dec 20218471.323.90$5,991
Nov 2021077.435.24$0
Oct 2021079.795.71$0
Sep 2021069.865.35$0
Aug 20218066.024.22$5,282
Jul 2021070.783.98$0
Jun 2021069.493.38$0
May 20219663.483.02$6,094
Apr 2021060.362.76$0
Mar 2021061.302.72$0
Feb 2021057.805.55$0
Jan 20217050.412.81$3,529
Dec 2020044.642.68$0
Nov 2020038.772.71$0
Oct 20205036.972.48$1,849
Sep 2020037.091.99$0
Aug 20204639.982.39$1,839
Jul 2020038.371.83$0
Jun 202010634.901.69$3,699
May 2020016.921.81$0
Apr 2020014.751.80$0
Mar 2020030.341.86$0
Feb 20209649.881.98$4,788
Jan 2020057.252.09$0
Dec 2019059.012.30$0
Nov 201910555.302.75$5,807
Oct 2019053.472.42$0
Sep 2019055.052.66$0
Aug 20198253.112.30$4,355
Jul 2019056.272.46$0
Jun 20195152.782.49$2,692
May 20197658.482.74$4,444
Apr 20195462.632.75$3,382
Mar 20197756.803.06$4,374
Feb 2019050.852.79$0
Jan 2019046.033.23$0
Dec 20185646.594.19$2,609
Nov 2018052.934.24$0
Oct 20189261.443.40$5,652
Sep 2018059.543.11$0
Aug 20187559.403.07$4,455
Jul 20187365.142.93$4,755
Jun 20189160.183.08$5,476
May 20188365.382.90$5,427
Apr 20187163.842.90$4,533
Mar 20188161.222.79$4,959
Feb 20187661.782.77$4,695
Jan 201810162.874.01$6,350
Dec 201710357.272.92$5,899
Nov 20178755.423.12$4,822
Oct 201712349.292.98$6,063
Sep 201711447.523.09$5,417
Aug 201715745.373.00$7,123
Jul 201715443.873.09$6,756
Jun 201715542.493.09$6,586
May 201715945.373.26$7,214
Apr 2017047.933.21$0
Mar 2017046.772.98$0
Feb 2017050.452.95$0
Jan 2017049.413.42$0
Dec 2016048.763.72$0
Nov 2016042.492.64$0
Oct 2016046.193.09$0
Sep 2016041.553.10$0
Aug 2016041.442.92$0
Jul 2016041.622.92$0
Jun 2016045.352.69$0
May 2016042.521.99$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.

Oct 2023 — as filed, then multipliedworked
Oil                   20 bbl  × $ 85.44 =     $1,709

────────────────────────────────────────────────────
Month total                                   $1,709

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/18927 is the state's own key, not one this site invented.