FREEMAN, C. N.

Operated by EDGE PETROLEUM OPER. CO., INC. (P-5 243208) in the FREEMAN (YEGUA 4980) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 8329District 02Field 32907850OilCasinghead gasSaveExport
Value, all time
$1.5 M
Jul 1997 – Nov 2003
Value, last 12 filed months
$16 k
at the published price for each month
Months reported
77
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
1997-07-14
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
OilDisposition38,317 bbl$698,318
Casinghead gasProduction275,662 Mcf$772,949
Total$1,471,267

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 28.2344, -97.9889. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.23439, -97.98888 · 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
5,700 ft
1 wells filed one
Completion to plug
13.9 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 5,700 ft.

Completions filed
Jun 2003
1 of 1 wells
Plug dates filed
May 2017
1 of 1 wells

Last completion to plug: a median of 13.9 years across the 1 well that filed both dates, with the middle half between 13.9 years and 13.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-297342542R5,700 ftJun 2003May 2017Yes

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 (77)

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

77 months

Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20032029.415.17$59
Jun 20030028.565.98$0
May 20033026.595.97$80
Apr 20032026.675.41$53
Mar 200338031.146.10$1,183
Feb 200355033.487.93$1,841
Jan 200311944930.315.58$6,113
Dec 20029081826.914.85$6,392
Nov 200221591724.664.14$9,095
Oct 2002841,12526.464.23$6,980
Sep 20021581,10827.443.64$8,363
Aug 20021541,18425.963.16$7,744
Jul 2002991,16924.583.06$6,013
Jun 20022131,02323.733.34$8,470
May 20021611,30124.663.58$8,633
Apr 20022201,04123.653.51$8,859
Mar 20021111,45922.003.10$6,969
Feb 20022631,37318.222.38$8,054
Jan 20022011,74717.172.38$7,601
Dec 20011001,63716.932.36$5,564
Nov 20011801,81818.072.41$7,626
Oct 20011461,97819.782.53$7,890
Sep 20011311,79324.262.25$7,215
Aug 20011492,10224.873.05$10,123
Jul 20011502,14723.933.20$10,454
Jun 20011851,79724.563.82$11,416
May 20012102,14525.524.31$14,598
Apr 20011901,67524.685.34$13,626
Mar 20013052,02224.545.38$18,356
Feb 20012782,00727.755.77$19,289
Jan 20013011,93027.478.40$24,478
Dec 20003101,82226.889.12$24,954
Nov 20003372,42732.215.66$24,587
Oct 20003363,05531.235.15$26,213
Sep 20003272,86431.875.19$25,276
Aug 20002133,18329.644.54$20,767
Jul 20003173,42228.534.09$23,039
Jun 20003043,24929.304.40$23,194
May 20002703,51627.263.68$20,298
Apr 20002443,40824.513.12$16,600
Mar 20002473,60428.422.86$17,326
Feb 20004123,61127.622.73$21,225
Jan 20002604,10625.272.48$16,755
Dec 19993593,68824.282.42$17,655
Nov 19993043,96223.192.43$16,693
Oct 19993424,19720.982.80$18,942
Sep 19993364,31721.752.62$18,614
Aug 19992654,38319.262.88$17,708
Jul 19993534,70317.892.37$17,472
Jun 19993364,63015.942.36$16,292
May 19993484,77615.792.32$16,580
Apr 19993574,83215.102.21$16,060
Mar 19994545,25312.471.84$15,318
Feb 19993154,8309.981.82$11,924
Jan 19994776,46110.381.90$17,227
Dec 19984266,8619.201.77$16,086
Nov 19984197,52710.892.19$21,015
Oct 19985666,98112.421.97$20,777
Sep 19984547,35612.592.08$21,036
Aug 199862610,63911.301.91$27,366
Jul 19983786,58611.742.24$19,172
Jun 19983185,70611.242.24$16,340
May 19985955,89712.622.21$20,520
Apr 19987576,62313.042.51$26,464
Mar 19981,3866,63712.802.31$33,069
Feb 19981,6715,53513.952.30$36,036
Jan 19982,6068,21314.702.15$56,005
Dec 19972,2146,54816.322.41$51,920
Nov 19972,4717,78318.193.09$68,983
Oct 19972,80310,14919.253.15$85,925
Sep 19972,98411,90117.742.95$88,102
Aug 19972,98011,55117.862.55$82,733
Jul 19972,32711,10517.582.25$65,861

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.

Jul 2003 — as filed, then multipliedworked
Oil                    2 bbl  × $ 29.41 =        $59
Casinghead gas         0 Mcf  × $  5.17 =         $0

────────────────────────────────────────────────────
Month total                                      $59

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/8329 is the state's own key, not one this site invented.