STRAUSS, MIKE

Operated by SUE-ANN OPERATING, L.C. (P-5 828352) in the MAURBRO (5620 SAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 8431District 02Field 58449819OilCasinghead gasSaveExport
Value, all time
$1.2 M
Oct 1998 – Apr 2002
Value, last 12 filed months
$101 k
at the published price for each month
Months reported
43
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 4 leases and 4 wells, and the rule below applies to all of them.

Discovered
1998-10-26
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

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
OilDisposition40,802 bbl$744,342
Casinghead gasProduction129,068 Mcf$425,366
Total$1,169,707

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 28.9147, -96.4444. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.91473, -96.44442 · 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
6,510 ft
1 wells filed one
Completion to plug
2.0 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 6,510 ft.

Completions filed
Dec 2003
1 of 1 wells
Plug dates filed
Dec 2005
1 of 1 wells

Last completion to plug: a median of 2.0 years across the 1 well that filed both dates, with the middle half between 2.0 years and 2.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2393298220 F6,510 ftDec 2003Dec 2005Yes

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 (43)

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

43 months

Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20011016.932.36$17
Nov 200111018.072.41$199
Oct 2001306019.782.53$6,053
Sep 20014963,23724.262.25$19,320
Aug 20016073,26924.873.05$25,077
Jul 20014831,89823.933.20$17,626
Jun 20013131,16624.563.82$12,146
May 20015901,20225.524.31$20,234
Apr 20017362,83224.685.34$33,274
Mar 20016012,47424.545.38$28,050
Feb 20016433,16127.755.77$36,073
Jan 20016644,19227.478.40$53,448
Dec 20006924,06526.889.12$55,684
Nov 20006143,20432.215.66$37,905
Oct 20006553,94131.235.15$40,734
Sep 20006634,87331.875.19$46,404
Aug 20007443,73929.644.54$39,030
Jul 20006833,13728.534.09$32,316
Jun 20006712,36429.304.40$30,055
May 20007512,16727.263.68$28,446
Apr 200087579724.513.12$23,930
Mar 20009431,21828.422.86$30,283
Feb 200095472427.622.73$28,323
Jan 20008871,47925.272.48$26,083
Dec 19991,0221,65724.282.42$28,830
Nov 19998492,71323.192.43$26,292
Oct 19991,1042,23420.982.80$29,425
Sep 19999522,43921.752.62$27,093
Aug 19991,1501,48819.262.88$26,428
Jul 19991,124017.892.37$20,108
Jun 19991,2081,51815.942.36$22,841
May 19991,56342015.792.32$25,655
Apr 19995753,91815.102.21$17,334
Mar 199978012.471.84$973
Feb 19993,7706,3579.981.82$49,180
Jan 19996,89218,95110.381.90$107,545
Dec 19985,38719,7439.201.77$84,571
Nov 19984649,53710.892.19$25,898
Oct 1998812,95412.421.97$6,823

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.

Dec 2001 — as filed, then multipliedworked
Oil                    1 bbl  × $ 16.93 =        $17
Casinghead gas         0 Mcf  × $  2.36 =         $0

────────────────────────────────────────────────────
Month total                                      $17

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/8431 is the state's own key, not one this site invented.