FREEMAN

Operated by KOVAR OPERATING, LLC (P-5 448984) in the FREEMAN (PETTUS 4700) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 8395District 02Field 32907790OilCasinghead gasSaveExport
Value, all time
$1.9 M
Jul 1997 – Jun 2017
Value, last 12 filed months
$11 k
at the published price for each month
Months reported
240
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 1 leases and 1 wells, and the rule below applies to all of them.

Discovered
1998-04-01
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
OilDisposition24,248 bbl$1,134,698
Casinghead gasProduction172,115 Mcf$770,654
Total$1,905,351

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 28.2379, -97.9925. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.23790, -97.99249 · 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
5,150 ft
1 wells filed one
Completion to plug
19.8 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 5,150 ft.

Completions filed
Jul 1997
1 of 1 wells
Plug dates filed
Apr 2017
1 of 1 wells

Last completion to plug: a median of 19.8 years across the 1 well that filed both dates, with the middle half between 19.8 years and 19.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2973425945,150 ftJul 1997Apr 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 (240)

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

240 months

Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 2017174050.452.95$8,778
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 2016044441.442.92$1,298
Jul 2016042941.622.92$1,255
Jun 201612743645.352.69$6,930
May 2016042442.521.99$844
Apr 201611053036.561.99$5,077
Mar 201607433.011.79$133
Feb 2016018526.472.06$382
Jan 2016018527.352.36$437
Dec 2015037232.362.00$745
Nov 20157637238.792.17$3,754
Oct 20157433443.552.43$4,033
Sep 2015029942.992.76$825
Aug 20156118140.162.87$2,970
Jul 2015022848.152.95$671
Jun 20155527656.152.88$3,884
May 2015045955.212.96$1,357
Apr 20154526449.822.71$2,956
Mar 2015039842.892.93$1,168
Feb 20151849344.662.98$2,271
Jan 201504543.433.10$140
Dec 201422054.693.59$1,203
Nov 20143070.464.25$211
Oct 20146078.303.90$470
Sep 201402786.164.05$109
Aug 20146822989.394.04$7,003
Jul 20148024996.564.18$8,766
Jun 2014024998.164.74$1,179
May 20145630994.734.73$6,765
Apr 2014029995.944.81$1,438
Mar 20145642795.895.06$7,529
Feb 2014037297.406.19$2,303
Jan 20148941390.404.86$10,053
Dec 2013020091.824.35$871
Nov 20135026588.853.74$5,433
Oct 2013025097.423.78$945
Sep 201357284104.113.72$6,990
Aug 201360267104.253.52$7,196
Jul 20139263102.523.72$1,900
Jun 2013025294.403.93$991
May 20135134494.834.15$6,264
Apr 2013024093.964.28$1,028
Mar 20135730493.623.91$6,526
Feb 2013024791.233.42$845
Jan 201310722791.603.42$10,578
Dec 2012026286.773.42$896
Nov 20126530886.953.62$6,768
Oct 2012029589.383.40$1,003
Sep 20125322794.672.92$5,680
Aug 201208292.662.91$238
Jul 20124321985.133.02$4,322
Jun 20129424979.822.52$8,130
May 2012029591.612.49$734
Apr 201233129101.652.00$3,612
Mar 201226276105.052.22$3,345
Feb 201239266101.102.57$4,627
Jan 20124028298.092.73$4,695
Dec 20114826796.873.24$5,515
Nov 20119027795.723.31$9,532
Oct 20118028684.983.65$7,842
Sep 2011026483.623.99$1,052
Aug 20117027383.404.15$6,971
Jul 20119618894.144.52$9,887
Jun 20116519992.904.64$6,962
May 20115228398.134.40$6,349
Apr 2011110234105.964.33$12,670
Mar 20115325896.364.06$6,154
Feb 2011024585.644.18$1,024
Jan 201110327786.504.59$10,181
Dec 20104728885.734.35$5,281
Nov 201014730280.843.80$13,030
Oct 20103733278.103.51$4,055
Sep 20108828472.633.98$7,522
Aug 20107024073.684.42$6,218
Jul 20108230372.554.74$7,384
Jun 20109929770.364.91$8,424
May 20108230571.124.24$7,124
Apr 201010038281.694.12$9,744
Mar 201012028578.394.39$10,658
Feb 20109830673.585.44$8,876
Jan 20109643674.365.96$9,739
Dec 200919545571.445.48$16,426
Nov 2009844074.593.75$2,247
Oct 20099736172.544.11$8,520
Sep 2009029365.543.06$898
Aug 200936042667.423.22$25,642
Jul 200912643961.133.46$9,223
Jun 2009058866.163.90$2,290
May 200904954.743.93$192
Apr 2009025546.773.59$915
Mar 200911932342.144.06$6,326
Feb 2009839432.814.63$2,088
Jan 200917347535.865.37$8,755
Dec 2008045937.105.98$2,744
Nov 200811035955.496.86$8,567
Oct 200819038475.246.92$16,954
Sep 200895477101.767.88$13,425
Aug 2008205609114.228.48$28,581
Jul 2008201728131.0811.39$34,639
Jun 2008140232131.3313.03$21,410
May 20080543123.1711.57$6,285
Apr 20080454110.3110.45$4,747
Mar 20081088101.909.66$1,869
Feb 200834367992.538.77$37,693
Jan 2008065790.388.21$5,391
Dec 200718765388.337.30$21,286
Nov 2007078191.677.29$5,695
Oct 20070082.856.92$0
Sep 20071075.846.24$76
Aug 20070069.066.39$0
Jul 200717228470.906.39$14,009
Jun 2007462762.007.55$4,981
May 200715558558.747.85$13,695
Apr 200718265059.617.81$15,922
Mar 20073150756.927.30$5,467
Feb 2007043755.108.22$3,590
Jan 200714843850.306.73$10,391
Dec 200614452256.656.92$11,769
Nov 200621657454.207.62$16,080
Oct 200631852654.906.01$20,621
Sep 2006046860.085.04$2,357
Aug 200613849868.717.34$13,137
Jul 200614275769.376.34$14,652
Jun 200632538666.286.38$24,005
May 200616271466.016.42$15,281
Apr 20062712,93064.397.36$39,016
Mar 2006114056.707.08$6,464
Feb 20062501,19457.597.75$23,652
Jan 20062961,46860.598.93$31,049
Dec 200501,68454.9413.42$22,592
Nov 200501,54354.6910.59$16,338
Oct 20053701,74458.3413.80$45,646
Sep 200501,58661.4512.08$19,157
Aug 20053112,02061.519.80$38,919
Jul 20053221,92955.697.84$33,063
Jun 200512789152.337.38$13,222
May 200522098245.226.65$16,480
Apr 20052567949.207.36$13,177
Mar 20052763750.377.15$14,167
Feb 200506145.226.31$385
Jan 200515318343.166.32$7,760
Dec 20041527239.866.75$6,545
Nov 200413913745.286.33$7,161
Oct 200424822649.706.52$13,798
Sep 20046936543.245.28$4,912
Aug 20046986942.375.55$7,747
Jul 20046174138.286.08$6,843
Jun 200421699336.106.43$14,186
May 20048460537.486.49$7,078
Apr 2004821,07934.475.86$9,148
Mar 20041371,22434.365.53$11,476
Feb 200421257232.455.51$10,031
Jan 20041451,07532.036.30$11,416
Dec 20031391,22130.266.30$11,900
Nov 20032231,31328.804.60$12,456
Oct 20031061,77428.174.76$11,430
Sep 20031098126.314.75$3,252
Aug 200319421729.765.13$6,887
Jul 20033311,16129.415.17$15,738
Jun 2003024528.565.98$1,466
May 200312531326.595.97$5,193
Apr 2003762,73726.675.41$16,827
Mar 200319255631.146.10$9,368
Feb 200312932433.487.93$6,887
Jan 200312162430.315.58$7,151
Dec 20026870326.914.85$5,242
Nov 200216480924.664.14$7,391
Oct 20026193226.464.23$5,556
Sep 20026046627.443.64$3,340
Aug 20026345325.963.16$3,069
Jul 20024261024.583.06$2,900
Jun 20028671723.733.34$4,434
May 20026375724.663.58$4,267
Apr 20028355423.653.51$3,909
Mar 20024849022.003.10$2,576
Feb 200215339518.222.38$3,726
Jan 200213958617.172.38$3,779
Dec 20016362316.932.36$2,540
Nov 20018258418.072.41$2,887
Oct 20017084219.782.53$3,514
Sep 20018250724.262.25$3,131
Aug 200111555624.873.05$4,558
Jul 200112069823.933.20$5,103
Jun 200116139624.563.82$5,469
May 200120690625.524.31$9,160
Apr 200117679524.685.34$8,585
Mar 200126392524.545.38$11,427
Feb 200128986327.755.77$12,997
Jan 200136594527.478.40$17,963
Dec 200037355626.889.12$15,098
Nov 200047059032.215.66$18,477
Oct 200044195731.235.15$18,697
Sep 200042669931.875.19$17,202
Aug 200028299129.644.54$12,858
Jul 20002961,49428.534.09$14,555
Jun 20004221,87429.304.40$20,605
May 200032786427.263.68$12,093
Apr 20001121,10224.513.12$6,179
Mar 20004989728.422.86$3,958
Feb 20008287227.622.73$4,642
Jan 20005072925.272.48$3,072
Dec 19996931024.282.42$2,427
Nov 19995476223.192.43$3,107
Oct 19995688920.982.80$3,667
Sep 19996493021.752.62$3,828
Aug 19995184619.262.88$3,415
Jul 1999671,14417.892.37$3,913
Jun 19996098915.942.36$3,293
May 19996182315.792.32$2,873
Apr 1999591,16415.102.21$3,461
Mar 1999701,37512.471.84$3,401
Feb 1999551,1969.981.82$2,723
Jan 1999461,53910.381.90$3,402
Dec 1998212159.201.77$574
Nov 1998381,07110.892.19$2,755
Oct 1998601,24512.421.97$3,197
Sep 1998941,42012.592.08$4,141
Aug 1998951,55611.301.91$4,041
Jul 1998921,98611.742.24$5,523
Jun 19981513,30611.242.24$9,094
May 19981884,31912.622.21$11,902
Apr 19981552,46313.042.51$8,192
Mar 19982063,08212.802.31$9,754
Feb 19982524,05313.952.30$12,834
Jan 19982791,77914.702.15$7,935
Dec 19971182,21816.322.41$7,274
Nov 19971313,84618.193.09$14,260
Oct 1997993,95519.253.15$14,363
Sep 19971243,69317.742.95$13,112
Aug 199726711,28617.862.55$33,601
Jul 1997472,64317.582.25$6,765

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.

Feb 2017 — as filed, then multipliedworked
Oil                  174 bbl  × $ 50.45 =     $8,778
Casinghead gas         0 Mcf  × $  2.95 =         $0

────────────────────────────────────────────────────
Month total                                   $8,778

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/8395 is the state's own key, not one this site invented.