ALBRECHT, W. D.

Operated by 324 OIL & GAS, LTD. (P-5 953588) in the WESER (RECKLAW 7560) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 162508District 02Field 96422666CondensateGasSaveExport
Value, all time
$226 k
Aug 1995 – Nov 2015
Value, last 12 filed months
$0
at the published price for each month
Months reported
244
no gaps in the span
Streams
2
condensate, 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 12 leases and 12 wells, and the rule below applies to all of them.

Discovered
1967-08-17
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 1995-04-01.

The Commission's schedule remark for this field reads: FIELD RETURNED A.O.F. AS 0F 4/1/95 PER COMPLETED SURVEY

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
CondensateDisposition215 bbl$11,355
GasProduction91,465 Mcf$214,318
Total$225,673

18,996 Mcf of this lease's gas, across 17 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 28.8683, -97.3975. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.86828, -97.39753 · 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
12,412 ft
1 wells filed one
Completion to plug
20.3 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 12,412 ft.

Completions filed
Aug 1995
1 of 1 wells
Plug dates filed
Nov 2015
1 of 1 wells

Last completion to plug: a median of 20.3 years across the 1 well that filed both dates, with the middle half between 20.3 years and 20.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-17532516112,412 ftAug 1995Nov 2015Yes

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 (244)

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

244 months

Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 2006178060.085.04$10,694
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 2002044324.583.06$1,356
Jun 2002078123.733.34$2,607
May 2002071424.663.58$2,559
Apr 2002079523.653.51$2,792
Mar 2002035622.003.10$1,105
Feb 2002063418.222.38$1,506
Jan 2002080717.172.38$1,917
Dec 2001075816.932.36$1,792
Nov 2001071518.072.41$1,720
Oct 2001079019.782.53$1,998
Sep 2001086024.262.25$1,936
Aug 2001086824.873.05$2,650
Jul 2001090323.933.20$2,887
Jun 2001070524.563.82$2,696
May 2001077225.524.31$3,325
Apr 2001084524.685.34$4,508
Mar 2001088224.545.38$4,742
Feb 2001072727.755.77$4,193
Jan 2001070427.478.40$5,913
Dec 2000083426.889.12$7,608
Nov 2000081332.215.66$4,600
Oct 2000089031.235.15$4,580
Sep 2000092531.875.19$4,798
Aug 2000092329.644.54$4,191
Jul 2000096428.534.09$3,943
Jun 200001,05229.304.40$4,626
May 2000098527.263.68$3,625
Apr 200001,05224.513.12$3,278
Mar 200001,11128.422.86$3,177
Feb 200001,11927.622.73$3,051
Jan 200001,08325.272.48$2,686
Dec 1999093724.282.42$2,271
Nov 1999096523.192.43$2,349
Oct 199901,04420.982.80$2,927
Sep 199901,05421.752.62$2,760
Aug 199901,37119.262.88$3,942
Jul 199901,32017.892.37$3,132
Jun 199901,51015.942.36$3,567
May 199901,92115.792.32$4,459
Apr 199902,14015.102.21$4,725
Mar 199902,55312.471.84$4,693
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 199805539.201.77$981
Nov 199801,09410.892.19$2,391
Oct 1998099012.421.97$1,950
Sep 1998090912.592.08$1,893
Aug 199801,01011.301.91$1,926
Jul 199801,34211.742.24$3,002
Jun 199801,25611.242.24$2,810
May 1998092212.622.21$2,034
Apr 199801,21613.042.51$3,046
Mar 199801,03112.802.31$2,381
Feb 199801,07213.952.30$2,465
Jan 199801,74214.702.15$3,754
Dec 199701,32716.322.41$3,200
Nov 199701,44418.193.09$4,459
Oct 199702,04719.253.15$6,448
Sep 199701,44817.742.95$4,279
Aug 1997371,67717.862.55$4,945
Jul 199701,67517.582.25$3,764
Jun 199701,80917.242.26$4,083
May 199701,85918.972.31$4,292
Apr 199701,53817.882.08$3,203
Mar 1997098118.951.94$1,902
Feb 199701,26820.492.21$2,797
Jan 199701,63423.483.54$5,784
Dec 199601,17923.32$0
Nov 199601,10421.97$0
Oct 199601,33423.31$0
Sep 199601,33822.22$0
Aug 199601,30320.26$0
Jul 199601,40619.55$0
Jun 199601,03418.73$0
May 199601,40919.43$0
Apr 1996087621.51$0
Mar 199601,04119.38$0
Feb 1996093316.98$0
Jan 199601,38417.07$0
Dec 199501,27417.19$0
Nov 199501,28716.00$0
Oct 199501,52915.43$0
Sep 1995055016.18$0
Aug 199501515.92$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.

Sep 2006 — as filed, then multipliedworked
Condensate           178 bbl  × $ 60.08 =    $10,694
Gas                    0 Mcf  × $  5.04 =         $0

────────────────────────────────────────────────────
Month total                                  $10,694

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. 02/G/162508 is the state's own key, not one this site invented.