MARPAT C

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 18928District 01Field 84560001OilSaveExport
Value, all time
$433 k
Jan 2017 – Jan 2024
Value, last 12 filed months
$21 k
at the published price for each month
Months reported
85
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
OilDisposition7,436 bbl$432,796
Total$432,796

Wells on this lease (8)

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 29.2132, -98.6554. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

29.21358, -98.65557 · 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 8 wells
With a plug date
0.0%
0 of 8 wells
Median depth
1,411 ft
8 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.
8100.0%

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

Total depth in feet, 8 of 8 wells. Median 1,411 ft, with the middle half between 1,201 and 1,606 ft; the shallowest is 1,170 ft and the deepest 1,702 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

Last completion by decade, 8 of 8 wells, May 2017 – Aug 2018. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
May 2017 – Aug 2018
8 of 8 wells

8 wells

42-0293836331,170 ftAug 2018
42-02938365D 51,654 ftMar 2018
42-02938367D 71,590 ftMar 2018
42-02938368D 81,576 ftMar 2018
42-02938366D 61,198 ftJan 2018
42-0293836121,245 ftOct 2017
42-0293836441,702 ftOct 2017
42-0293835811,202 ftMay 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 (85)

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

85 months

Jan 2024073.023.30$0
Dec 2023071.262.61$0
Nov 2023077.892.81$0
Oct 20237185.443.09$6,066
Sep 2023089.042.74$0
Aug 2023080.522.67$0
Jul 20235374.852.64$3,967
Jun 2023068.962.26$0
May 2023070.622.23$0
Apr 202314078.122.24$10,937
Mar 2023072.852.39$0
Feb 2023075.112.47$0
Jan 2023076.533.39$0
Dec 202215276.415.73$11,614
Nov 2022085.005.65$0
Oct 2022087.185.86$0
Sep 2022084.888.16$0
Aug 202215294.529.13$14,367
Jul 20220101.587.54$0
Jun 20220115.097.98$0
May 202295109.378.43$10,390
Apr 202293104.226.84$9,692
Mar 20220108.885.08$0
Feb 2022091.054.86$0
Jan 20226981.844.54$5,647
Dec 20216971.323.90$4,921
Nov 2021077.435.24$0
Oct 20216679.795.71$5,266
Sep 20217769.865.35$5,379
Aug 202117066.024.22$11,223
Jul 2021070.783.98$0
Jun 20217769.493.38$5,351
May 202110263.483.02$6,475
Apr 20218660.362.76$5,191
Mar 202116361.302.72$9,992
Feb 20214657.805.55$2,659
Jan 2021050.412.81$0
Dec 202011344.642.68$5,044
Nov 20207738.772.71$2,985
Oct 202011036.972.48$4,067
Sep 2020037.091.99$0
Aug 202019639.982.39$7,836
Jul 2020038.371.83$0
Jun 202016434.901.69$5,724
May 2020016.921.81$0
Apr 202027414.751.80$4,042
Mar 2020030.341.86$0
Feb 202010749.881.98$5,337
Jan 202023357.252.09$13,339
Dec 201919559.012.30$11,507
Nov 20197355.302.75$4,037
Oct 201926453.472.42$14,116
Sep 20195355.052.66$2,918
Aug 201925953.112.30$13,755
Jul 201911156.272.46$6,246
Jun 201929552.782.49$15,570
May 201916058.482.74$9,357
Apr 201911262.632.75$7,015
Mar 2019056.803.06$0
Feb 20198750.852.79$4,424
Jan 2019046.033.23$0
Dec 201815646.594.19$7,268
Nov 201822652.934.24$11,962
Oct 201817161.443.40$10,506
Sep 201824759.543.11$14,706
Aug 201824859.403.07$14,731
Jul 201824665.142.93$16,024
Jun 20189860.183.08$5,898
May 201818365.382.90$11,965
Apr 201810063.842.90$6,384
Mar 201828161.222.79$17,203
Feb 201813361.782.77$8,217
Jan 201812562.874.01$7,859
Dec 201715857.272.92$9,049
Nov 201715555.423.12$8,590
Oct 201715749.292.98$7,739
Sep 2017047.523.09$0
Aug 20178745.373.00$3,947
Jul 2017043.873.09$0
Jun 201710142.493.09$4,291
May 2017045.373.26$0
Apr 2017047.933.21$0
Mar 2017046.772.98$0
Feb 2017050.452.95$0
Jan 2017049.413.42$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                   71 bbl  × $ 85.44 =     $6,066

────────────────────────────────────────────────────
Month total                                   $6,066

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/18928 is the state's own key, not one this site invented.