WOOD "D"

Operated by CHARRO OPERATING, L.L.C. (P-5 146621) in the SARCO CREEK, WEST (4850) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 8337District 02Field 81083800OilCasinghead gasSaveExport
Value, all time
$952 k
Jan 1998 – Jan 2008
Value, last 12 filed months
$4 k
at the published price for each month
Months reported
121
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
1981-05-30
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: ALLOCATION FORMULA EFF. 110181 PER AMENDMENT TO SWR 28 & 29

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
OilDisposition10,923 bbl$215,414
Casinghead gasProduction190,808 Mcf$736,737
Total$952,151

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 28.4881, -97.3639. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.48809, -97.36392 · 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
5,260 ft
1 wells filed one
Completion to plug
9.8 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 5,260 ft.

Completions filed
Jan 1998
1 of 1 wells
Plug dates filed
Oct 2007
1 of 1 wells

Last completion to plug: a median of 9.8 years across the 1 well that filed both dates, with the middle half between 9.8 years and 9.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-17532843405,260 ftJan 1998Oct 2007Yes

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 (121)

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

121 months

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 200767056.927.30$3,814
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 200602560.085.04$126
Aug 2006103068.717.34$7,077
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 200601,25056.707.08$8,854
Feb 200601,38757.597.75$10,751
Jan 200601,70360.598.93$15,213
Dec 200502,00954.9413.42$26,952
Nov 200501,80754.6910.59$19,133
Oct 20051714558.3413.80$10,597
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 2005031849.207.36$2,341
Mar 2005015050.377.15$1,073
Feb 200501,67945.226.31$10,598
Jan 200501,85943.166.32$11,753
Dec 200401,66239.866.75$11,220
Nov 20041691,55845.286.33$17,515
Oct 200401,13549.706.52$7,395
Sep 200401,70943.245.28$9,030
Aug 20041633,10342.375.55$24,130
Jul 2004053638.286.08$3,261
Jun 20040036.106.43$0
May 200402,24837.486.49$14,600
Apr 200402,48534.475.86$14,558
Mar 200402,98834.365.53$16,524
Feb 20041613,13032.455.51$22,470
Jan 200403,61632.036.30$22,780
Dec 20031721,46530.266.30$14,437
Nov 200302028.804.60$92
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 200301,53129.765.13$7,854
Jul 200302,56029.415.17$13,237
Jun 20031682,53828.565.98$19,983
May 200302,07426.595.97$12,387
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20031642,11430.315.58$16,771
Dec 200203,49726.914.85$16,974
Nov 200203,47224.664.14$14,364
Oct 200203,92226.464.23$16,587
Sep 20021713,79927.443.64$18,502
Aug 200204,15425.963.16$13,144
Jul 20021693,52024.583.06$14,931
Jun 200201,07623.733.34$3,592
May 200216654724.663.58$6,054
Apr 2002036723.653.51$1,289
Mar 200216035222.003.10$4,612
Feb 2002022618.222.38$537
Jan 20020017.172.38$0
Dec 200116422116.932.36$3,299
Nov 2001025218.072.41$606
Oct 2001014919.782.53$377
Sep 2001047424.262.25$1,067
Aug 200117299224.873.05$7,306
Jul 2001098623.933.20$3,152
Jun 2001019924.563.82$761
May 200115712425.524.31$4,541
Apr 2001094824.685.34$5,058
Mar 20011682024.545.38$4,230
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20001602,47426.889.12$26,870
Nov 200003,62032.215.66$20,482
Oct 20001612,24231.235.15$16,564
Sep 20001622,34531.875.19$17,325
Aug 20001642,14329.644.54$14,592
Jul 2000046828.534.09$1,914
Jun 20000029.304.40$0
May 200001,76927.263.68$6,509
Apr 20003331,61924.513.12$13,207
Mar 2000045728.422.86$1,307
Feb 200008727.622.73$237
Jan 2000084725.272.48$2,101
Dec 19991653,76824.282.42$13,139
Nov 19991824,03823.192.43$14,049
Oct 19991693,94020.982.80$14,592
Sep 19991532,40621.752.62$9,629
Aug 19991563,01619.262.88$11,677
Jul 1999035417.892.37$840
Jun 19991673,49915.942.36$10,927
May 19991714,48315.792.32$13,105
Apr 19991654,52815.102.21$12,490
Mar 19993423,69512.471.84$11,057
Feb 19991553,4259.981.82$7,773
Jan 19991712,02410.381.90$5,620
Dec 1998009.201.77$0
Nov 19983523,51010.892.19$11,505
Oct 19981834,94012.421.97$12,001
Sep 19983414,72612.592.08$14,136
Aug 19983235,27211.301.91$13,705
Jul 19983416,20711.742.24$17,890
Jun 19985205,50811.242.24$18,168
May 19985205,27612.622.21$18,203
Apr 19985034,83613.042.51$18,675
Mar 19988506,94312.802.31$26,914
Feb 19988561,91213.952.30$16,337
Jan 19984936,43014.702.15$21,102

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.

Mar 2007 — as filed, then multipliedworked
Oil                   67 bbl  × $ 56.92 =     $3,814
Casinghead gas         0 Mcf  × $  7.30 =         $0

────────────────────────────────────────────────────
Month total                                   $3,814

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/8337 is the state's own key, not one this site invented.