LENTZ, ZAC

Operated by VALERIUS, ROBERT D. INC. (P-5 881258) in the ELOISE, SE. (KNOTT 5640) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 8228District 02Field 28664600OilCasinghead gasSaveExport
Value, all time
$880 k
Dec 1996 – Aug 2003
Value, last 12 filed months
$0
at the published price for each month
Months reported
81
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 2 leases and 2 wells, and the rule below applies to all of them.

Discovered
1984-06-02
as the register files it
Field class
Oil
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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
OilDisposition42,554 bbl$754,820
Casinghead gasProduction49,254 Mcf$124,825
Total$879,646

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 28.7407, -96.8309. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.74069, -96.83088 · 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
7,832 ft
1 wells filed one
Completion to plug
4.9 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 7,832 ft.

Completions filed
Dec 1996
1 of 1 wells
Plug dates filed
Nov 2001
1 of 1 wells

Last completion to plug: a median of 4.9 years across the 1 well that filed both dates, with the middle half between 4.9 years and 4.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4693229427,832 ftDec 1996Nov 2001Yes

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 (81)

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

81 months

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 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 200154024.262.25$1,310
Aug 20010024.873.05$0
Jul 2001181023.933.20$4,331
Jun 2001160024.563.82$3,930
May 2001321025.524.31$8,192
Apr 2001163024.685.34$4,023
Mar 2001298024.545.38$7,313
Feb 2001160027.755.77$4,440
Jan 2001333027.478.40$9,148
Dec 2000159026.889.12$4,274
Nov 2000167032.215.66$5,379
Oct 2000323031.235.15$10,087
Sep 2000345031.875.19$10,995
Aug 2000342029.644.54$10,137
Jul 2000163028.534.09$4,650
Jun 2000317029.304.40$9,288
May 2000335027.263.68$9,132
Apr 2000160024.513.12$3,922
Mar 2000294028.422.86$8,355
Feb 2000329027.622.73$9,087
Jan 2000362025.272.48$9,148
Dec 1999325024.282.42$7,891
Nov 1999318023.192.43$7,374
Oct 1999325020.982.80$6,819
Sep 1999303021.752.62$6,590
Aug 1999345019.262.88$6,645
Jul 1999347017.892.37$6,208
Jun 1999507015.942.36$8,082
May 1999502015.792.32$7,927
Apr 1999346015.102.21$5,225
Mar 1999356012.471.84$4,439
Feb 199968709.981.82$6,856
Jan 1999348010.381.90$3,612
Dec 199834509.201.77$3,174
Nov 1998701010.892.19$7,634
Oct 1998332012.421.97$4,123
Sep 1998713012.592.08$8,977
Aug 1998697011.301.91$7,876
Jul 19981,025011.742.24$12,034
Jun 199863321811.242.24$7,603
May 19981,7211,10312.622.21$24,153
Apr 19981,7902,17613.042.51$28,793
Mar 19981,5721,58312.802.31$23,777
Feb 19981,425013.952.30$19,879
Jan 19981,5632,16314.702.15$27,637
Dec 19971,3323,31716.322.41$29,736
Nov 19971,4044,49618.193.09$39,424
Oct 19971,3494,47619.253.15$40,067
Sep 19971,3605,10117.742.95$39,199
Aug 19971,7445,52617.862.55$45,265
Jul 19971,7815,26817.582.25$43,147
Jun 19971,7103,43617.242.26$37,236
May 19971,7563,32518.972.31$40,987
Apr 19972,1022,89417.882.08$43,611
Mar 19972,1322,28018.951.94$44,823
Feb 19972,0801,08720.492.21$45,017
Jan 19971,40880523.483.54$35,909
Dec 1996204023.32$4,757

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 2001 — as filed, then multipliedworked
Oil                   54 bbl  × $ 24.26 =     $1,310
Casinghead gas         0 Mcf  × $  2.25 =         $0

────────────────────────────────────────────────────
Month total                                   $1,310

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/8228 is the state's own key, not one this site invented.