TRAYLOR, W.L. "D"

Operated by MERIDIAN OIL PRODUCTION INC. (P-5 561133) in the MAUDE B. TRAYLOR, NORTH (28) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 8000District 02Field 58432220OilCasinghead gasSaveExport
Value, all time
$42 k
Jun 1994 – Feb 1996
Value, last 12 filed months
$19 k
at the published price for each month
Months reported
21
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 10 leases and 11 wells, and the rule below applies to all of them.

Discovered
1975-02-27
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 1978-12-18.

The Commission's schedule remark for this field reads: ALLOCATION FORMULA ONLY.

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
OilDisposition2,597 bbl$42,148
Casinghead gasProduction46,268 Mcf$0
Total$42,148

46,268 Mcf of this lease's gas, across 16 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 28.6981, -96.5471. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.69807, -96.54707 · 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
8,950 ft
1 wells filed one
Completion to plug
22 months
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 8,950 ft.

Completions filed
Mar 1996
1 of 1 wells
Plug dates filed
Jan 1998
1 of 1 wells

Last completion to plug: a median of 22 months across the 1 well that filed both dates, with the middle half between 22 months and 22 months. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-0573078910 U8,950 ftMar 1996Jan 1998Yes

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 (21)

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

21 months

Feb 19960016.98$0
Jan 19960017.07$0
Dec 19950017.19$0
Nov 19950016.00$0
Oct 1995590715.43$77
Sep 19957852716.18$1,262
Aug 19952071,48215.92$3,295
Jul 19952091,80115.24$3,185
Jun 19951997,97816.41$3,266
May 19951632,08117.56$2,862
Apr 19951498,20317.73$2,642
Mar 19951552,34916.44$2,548
Feb 19951321,64916.58$2,189
Jan 19951902,38715.92$3,025
Dec 19941462,27515.03$2,194
Nov 19942011,44815.90$3,196
Oct 19941453,93415.58$2,259
Sep 1994186015.29$2,844
Aug 19941712,85116.13$2,758
Jul 19941802,76817.56$3,161
Jun 1994813,62817.09$1,384

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 1995 — as filed, then multipliedworked
Oil                    5 bbl  × $ 15.43 =        $77
Casinghead gas       907 Mcf  ×  no price            —

────────────────────────────────────────────────────
Month total                                      $77

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/8000 is the state's own key, not one this site invented.