VANDENBERGE & HILL

Operated by FINLEY RESOURCES, INC. (P-5 268602) in the PLACEDO, EAST (6050 SD.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 2259District 02Field 71802760OilCasinghead gasSaveExport
Value, all time
$2.5 M
Jan 1993 – Jul 2009
Value, last 12 filed months
$4 k
at the published price for each month
Months reported
199
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 5 leases and 7 wells, and the rule below applies to all of them.

Discovered
1952-03-28
as the register files it
Field class
Oil
the register's own label
Between wells
933 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 1995-11-13.

The Commission's schedule remark for this field reads: CORRECTION OF SPACING F/PROD. WELL PER DRLG. PMTS.

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
OilDisposition119,151 bbl$2,449,410
Casinghead gasProduction4,570 Mcf$6,769
Total$2,456,178

2,600 Mcf of this lease's gas, across 47 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 28.7287, -96.7743. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.72874, -96.77432 · 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
5,921 ft
1 wells filed one
Completion to plug
2.3 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 5,921 ft.

Completions filed
Sep 2021
1 of 1 wells
Plug dates filed
Dec 2023
1 of 1 wells

Last completion to plug: a median of 2.3 years across the 1 well that filed both dates, with the middle half between 2.3 years and 2.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4690275525,921 ftSep 2021Dec 2023Yes

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 (199)

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

199 months

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 2008440101.767.88$4,477
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 20060060.085.04$0
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 2005170050.377.15$8,563
Feb 2005352045.226.31$15,917
Jan 2005174043.166.32$7,510
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 2004525042.375.55$22,244
Jul 2004697038.286.08$26,681
Jun 2004523036.106.43$18,880
May 2004523037.486.49$19,602
Apr 2004518034.475.86$17,855
Mar 2004870034.365.53$29,893
Feb 20041,044032.455.51$33,878
Jan 2004697032.036.30$22,325
Dec 20031,217030.266.30$36,826
Nov 2003350028.804.60$10,080
Oct 2003184028.174.76$5,183
Sep 2003517026.314.75$13,602
Aug 20031,274029.765.13$37,914
Jul 2003181029.415.17$5,323
Jun 2003907028.565.98$25,904
May 20031,082026.595.97$28,770
Apr 20031,304026.675.41$34,778
Mar 20032031.146.10$62
Feb 20030033.487.93$0
Jan 20031,103030.315.58$33,432
Dec 20021,470026.914.85$39,558
Nov 20021,274024.664.14$31,417
Oct 20021,441026.464.23$38,129
Sep 20021,085027.443.64$29,772
Aug 20020025.963.16$0
Jul 2002370024.583.06$9,095
Jun 20021,676023.733.34$39,771
May 20022,240024.663.58$55,238
Apr 20022,040023.653.51$48,246
Mar 20021,883022.003.10$41,426
Feb 20021,702018.222.38$31,010
Jan 20022,170017.172.38$37,259
Dec 20011,975016.932.36$33,437
Nov 2001197018.072.41$3,560
Oct 20010019.782.53$0
Sep 2001180024.262.25$4,367
Aug 2001177024.873.05$4,402
Jul 20011,457023.933.20$34,866
Jun 20011,077024.563.82$26,451
May 20010025.524.31$0
Apr 2001514024.685.34$12,686
Mar 20011,20921424.545.38$30,819
Feb 20011,01327627.755.77$29,702
Jan 20016206427.478.40$17,569
Dec 20006522826.889.12$17,781
Nov 2000652032.215.66$21,001
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20001,054029.644.54$31,241
Jul 2000688028.534.09$19,629
Jun 2000721029.304.40$21,125
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 2000927028.422.86$26,345
Feb 2000184027.622.73$5,082
Jan 2000562025.272.48$14,202
Dec 19991,117024.282.42$27,121
Nov 1999941023.192.43$21,822
Oct 1999911020.982.80$19,113
Sep 1999913021.752.62$19,858
Aug 1999924019.262.88$17,796
Jul 1999565017.892.37$10,108
Jun 1999942015.942.36$15,015
May 1999944015.792.32$14,906
Apr 1999953015.102.21$14,390
Mar 1999943012.471.84$11,759
Feb 19991,101469.981.82$11,072
Jan 19999304610.381.90$9,741
Dec 1998560469.201.77$5,234
Nov 19988895810.892.19$9,808
Oct 19981,1205612.421.97$14,021
Sep 19981,1266012.592.08$14,301
Aug 19981,1266211.301.91$12,842
Jul 19981,1216211.742.24$13,299
Jun 19981,2995811.242.24$14,731
May 19981,3196012.622.21$16,778
Apr 19981,1306013.042.51$14,886
Mar 19985683012.802.31$7,340
Feb 19987514213.952.30$10,573
Jan 19989483814.702.15$14,017
Dec 19971,1475816.322.41$18,859
Nov 19971,5136018.193.09$27,707
Oct 19979445819.253.15$18,355
Sep 19979263217.742.95$16,522
Aug 19971,1176017.862.55$20,103
Jul 19971,2615217.582.25$22,285
Jun 19971,2926017.242.26$22,410
May 19971,3075818.972.31$24,928
Apr 19971,1206017.882.08$20,151
Mar 19971,1385218.951.94$21,666
Feb 19971,3145220.492.21$27,039
Jan 19971,4666223.483.54$34,641
Dec 19963793023.32$8,838
Nov 19961,3285821.97$29,176
Oct 19961,3225823.31$30,816
Sep 19961,0606022.22$23,553
Aug 19961,1315220.26$22,914
Jul 19961,3056019.55$25,513
Jun 19961,0205418.73$19,105
May 19961,4836019.43$28,815
Apr 19961,0866021.51$23,360
Mar 19969496019.38$18,392
Feb 19966764816.98$11,478
Jan 19961,0686217.07$18,231
Dec 19951,2026017.19$20,662
Nov 19957406016.00$11,840
Oct 19959416215.43$14,520
Sep 19956476016.18$10,468
Aug 19959266215.92$14,742
Jul 19959466215.24$14,417
Jun 19957596016.41$12,455
May 19955684617.56$9,974
Apr 19958936017.73$15,833
Mar 19955336216.44$8,763
Feb 19956115616.58$10,130
Jan 19957026215.92$11,176
Dec 19946606015.03$9,920
Nov 19947456015.90$11,846
Oct 19945946215.58$9,255
Sep 19947285815.29$11,131
Aug 19947126016.13$11,485
Jul 19944274217.56$7,498
Jun 19944214217.09$7,195
May 19945716215.88$9,067
Apr 19946534814.14$9,233
Mar 19948236212.46$10,255
Feb 19944104212.50$5,125
Jan 19945486212.66$6,938
Dec 19937826212.33$9,642
Nov 1993528214.49$7,651
Oct 19935136015.85$8,131
Sep 19936746015.03$10,130
Aug 19935416015.66$8,472
Jul 19936766215.46$10,451
Jun 19935103016.79$8,563
May 19933854617.68$6,807
Apr 19933926018.05$7,076
Mar 19937146218.14$12,952
Feb 19930017.90$0
Jan 19937156216.93$12,105

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 2008 — as filed, then multipliedworked
Oil                   44 bbl  × $101.76 =     $4,477
Casinghead gas         0 Mcf  × $  7.88 =         $0

────────────────────────────────────────────────────
Month total                                   $4,477

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/O/2259 is the state's own key, not one this site invented.