VALLES, A.

Operated by KOCH, P. S. (P-5 473740) in the KAYE (NAVARRO) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 2279District 01Field 48380333OilCasinghead gasSaveExport
Value, all time
$832 k
Jan 1993 – Mar 2018
Value, last 12 filed months
$10 k
at the published price for each month
Months reported
303
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 100 leases and 293 wells, and the rule below applies to all of them.

Discovered
1956-02-07
as the register files it
Field class
Oil
the register's own label
Between wells
300 ft
minimum
From a lease line
150 ft
minimum

A drilling unit in this field needs at least 5 acres. The field rule took effect on 2013-08-06.

The Commission's schedule remark for this field reads: FORMULA 100% ACRES, PLATS REQ'D AND OPTIONAL UNIT ADDED

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
OilDisposition18,857 bbl$832,036
Casinghead gasProduction21 Mcf$0
Total$832,036

21 Mcf of this lease's gas, across 21 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 29.2711, -98.0540. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.27115, -98.05401 · 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
2,500 ft
1 wells filed one
Completion to plug
no well filed both dates

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 2,500 ft.

Plug dates filed
Jan 2018
1 of 1 wells

1 well

42-4930028812,500 ftJan 2018Yes

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 (303)

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

303 months

Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 201779049.292.98$3,894
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 2017155042.493.09$6,586
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 2017152046.772.98$7,109
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 2016151042.492.64$6,416
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 2016151041.442.92$6,257
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 2016154042.521.99$6,548
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 2016153026.472.06$4,050
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 2015153038.792.17$5,935
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 2015151040.162.87$6,064
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 2015153055.212.96$8,447
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 2015152044.662.98$6,788
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 2014155070.464.25$10,921
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 2014153089.394.04$13,677
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 2014162094.734.73$15,346
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 2014168097.406.19$16,363
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 2013160097.423.78$15,587
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 20131600102.523.72$16,403
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 2013160093.964.28$15,034
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 2013166091.603.42$15,206
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 2012164094.672.92$15,526
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 2012160079.822.52$12,771
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 20121600105.052.22$16,808
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 2011164096.873.24$15,887
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 2011164083.404.15$13,678
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 2011162098.134.40$15,897
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 2011169085.644.18$14,473
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 2010165080.843.80$13,339
Oct 20100078.103.51$0
Sep 2010162072.633.98$11,766
Aug 20100073.684.42$0
Jul 2010161072.554.74$11,681
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 2010167081.694.12$13,642
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 2010173074.365.96$12,864
Dec 20090071.445.48$0
Nov 2009160074.593.75$11,934
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 2009163067.423.22$10,989
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 2009167054.743.93$9,142
Apr 20090046.773.59$0
Mar 2009162042.144.06$6,827
Feb 20090032.814.63$0
Jan 2009162035.865.37$5,809
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 20081620114.228.48$18,504
Jul 200800131.0811.39$0
Jun 20081520131.3313.03$19,962
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 20081640101.909.66$16,712
Feb 20080092.538.77$0
Jan 2008180090.388.21$16,268
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 2007173082.856.92$14,333
Sep 20070075.846.24$0
Aug 2007176069.066.39$12,155
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 2007173058.747.85$10,162
Apr 20070059.617.81$0
Mar 2007164056.927.30$9,335
Feb 20070055.108.22$0
Jan 2007174050.306.73$8,752
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 2006159054.906.01$8,729
Sep 20060060.085.04$0
Aug 2006164068.717.34$11,268
Jul 20060069.376.34$0
Jun 2006164066.286.38$10,870
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 2006174056.707.08$9,866
Feb 20060057.597.75$0
Jan 2006167060.598.93$10,119
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 2005171058.3413.80$9,976
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 2005170055.697.84$9,467
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 2005173049.207.36$8,512
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 2005168043.166.32$7,251
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 2004162049.706.52$8,051
Sep 20040043.245.28$0
Aug 2004166042.375.55$7,033
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 2004159037.486.49$5,959
Apr 20040034.475.86$0
Mar 2004169034.365.53$5,807
Feb 20040032.455.51$0
Jan 2004165032.036.30$5,285
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 2003163028.174.76$4,592
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 2003166029.415.17$4,882
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 2003165026.675.41$4,401
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 2003174030.315.58$5,274
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 2002168026.464.23$4,445
Sep 20020027.443.64$0
Aug 2002157025.963.16$4,076
Jul 20020024.583.06$0
Jun 2002158023.733.34$3,749
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 2002166022.003.10$3,652
Feb 20020018.222.38$0
Jan 2002170017.172.38$2,919
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 2001166024.873.05$4,128
Jul 20010023.933.20$0
Jun 2001164024.563.82$4,028
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 2001163024.545.38$4,000
Feb 20010027.755.77$0
Jan 2001165027.478.40$4,533
Dec 20000026.889.12$0
Nov 2000167032.215.66$5,379
Oct 20000031.235.15$0
Sep 2000179031.875.19$5,705
Aug 20000029.644.54$0
Jul 2000163028.534.09$4,650
Jun 20000029.304.40$0
May 2000167027.263.68$4,552
Apr 20000024.513.12$0
Mar 2000162028.422.86$4,604
Feb 2000164027.622.73$4,530
Jan 20000025.272.48$0
Dec 1999170024.282.42$4,128
Nov 19990023.192.43$0
Oct 1999157020.982.80$3,294
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 1999163010.381.90$1,692
Dec 1998009.201.77$0
Nov 1998160010.892.19$1,742
Oct 19980012.421.97$0
Sep 1998169012.592.08$2,128
Aug 1998159011.301.91$1,797
Jul 19980011.742.24$0
Jun 1998162011.242.24$1,821
May 1998161012.622.21$2,032
Apr 19980013.042.51$0
Mar 1998167012.802.31$2,138
Feb 1998162013.952.30$2,260
Jan 19980014.702.15$0
Dec 1997169016.322.41$2,758
Nov 1997164018.193.09$2,983
Oct 19970019.253.15$0
Sep 1997161017.742.95$2,856
Aug 1997164017.862.55$2,929
Jul 19970017.582.25$0
Jun 1997175017.242.26$3,017
May 1997164018.972.31$3,111
Apr 19970017.882.08$0
Mar 1997163018.951.94$3,089
Feb 1997174020.492.21$3,565
Jan 19970023.483.54$0
Dec 1996173023.32$4,034
Nov 1996172021.97$3,779
Oct 19960023.31$0
Sep 1996174022.22$3,866
Aug 1996168020.26$3,404
Jul 19960019.55$0
Jun 1996170018.73$3,184
May 1996170019.43$3,303
Apr 19960021.51$0
Mar 1996175019.38$3,392
Feb 19960016.98$0
Jan 1996176017.07$3,004
Dec 1995162017.19$2,785
Nov 19950016.00$0
Oct 1995162015.43$2,500
Sep 19950016.18$0
Aug 19950015.92$0
Jul 1995167015.24$2,545
Jun 19950016.41$0
May 1995169017.56$2,968
Apr 19950017.73$0
Mar 1995171016.44$2,811
Feb 19950016.58$0
Jan 19950015.92$0
Dec 19940015.03$0
Nov 19940015.90$0
Oct 19940015.58$0
Sep 1994170115.29$2,599
Aug 19940116.13$0
Jul 19940117.56$0
Jun 1994169117.09$2,888
May 19940115.88$0
Apr 1994168114.14$2,376
Mar 19940112.46$0
Feb 1994168112.50$2,100
Jan 19940112.66$0
Dec 19930112.33$0
Nov 1993167114.49$2,420
Oct 19930115.85$0
Sep 1993173115.03$2,600
Aug 19930115.66$0
Jul 19930115.46$0
Jun 19930116.79$0
May 19930117.68$0
Apr 19930118.05$0
Mar 19930118.14$0
Feb 19930117.90$0
Jan 19930116.93$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 2017 — as filed, then multipliedworked
Oil                   79 bbl  × $ 49.29 =     $3,894
Casinghead gas         0 Mcf  × $  2.98 =         $0

────────────────────────────────────────────────────
Month total                                   $3,894

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/2279 is the state's own key, not one this site invented.