FREEMAN, C. N.

Operated by KOVAR OPERATING, LLC (P-5 448984) in the FREEMAN (YEGUA 4900) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 8716District 02Field 32907842OilCasinghead gasSaveExport
Value, all time
$869 k
Dec 2001 – May 2017
Value, last 12 filed months
$47
at the published price for each month
Months reported
186
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 3 leases and 3 wells, and the rule below applies to all of them.

Discovered
1997-06-17
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
OilDisposition12,959 bbl$513,670
Casinghead gasProduction57,567 Mcf$355,167
Total$868,837

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 28.2380, -97.9934. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.23801, -97.99340 · 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
5,600 ft
1 wells filed one
Completion to plug
5.9 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 5,600 ft.

Completions filed
May 2011
1 of 1 wells
Plug dates filed
Apr 2017
1 of 1 wells

Last completion to plug: a median of 5.9 years across the 1 well that filed both dates, with the middle half between 5.9 years and 5.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2973424635,600 ftMay 2011Apr 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 (186)

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

186 months

May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20171046.772.98$47
Feb 20170050.452.95$0
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 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20104071.124.24$284
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20091074.593.75$75
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20093067.423.22$202
Jul 200952061.133.46$3,179
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 200958042.144.06$2,444
Feb 20094432.814.63$150
Jan 20090935.865.37$48
Dec 20080037.105.98$0
Nov 20086818555.496.86$5,042
Oct 200816870575.246.92$17,520
Sep 200885755101.767.88$14,597
Aug 2008142567114.228.48$21,029
Jul 2008146747131.0811.39$27,646
Jun 200844703131.3313.03$14,940
May 20080348123.1711.57$4,028
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
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 20075062.007.55$310
May 2007013958.747.85$1,091
Apr 200754659.617.81$657
Mar 2007326056.927.30$18,556
Feb 2007063455.108.22$5,209
Jan 20072341,07150.306.73$18,975
Dec 20062151,44356.656.92$22,163
Nov 20063241,67954.207.62$30,351
Oct 2006381,00654.906.01$8,136
Sep 2006074660.085.04$3,758
Aug 200621887668.717.34$21,409
Jul 20061781069.376.34$6,317
Jun 20063869066.286.38$6,924
May 20061999466.016.42$7,641
Apr 20063240464.397.36$5,034
Mar 200669056.707.08$3,912
Feb 2006106057.597.75$6,105
Jan 200671060.598.93$4,302
Dec 2005012854.9413.42$1,717
Nov 2005034754.6910.59$3,674
Oct 20055041,16758.3413.80$45,503
Sep 200501,26461.4512.08$15,268
Aug 20054061,09561.519.80$35,701
Jul 20051871,52955.697.84$22,407
Jun 2005431,27252.337.38$11,639
May 20051182,15545.226.65$19,669
Apr 20057619649.207.36$5,182
Mar 200563050.377.15$3,173
Feb 20050045.226.31$0
Jan 200524043.166.32$1,036
Dec 2004268739.866.75$1,624
Nov 200419641445.286.33$11,496
Oct 200428346349.706.52$17,082
Sep 200410557943.245.28$7,600
Aug 200410880942.375.55$9,066
Jul 2004971,15338.286.08$10,728
Jun 200432984436.106.43$17,306
May 200425018637.486.49$10,578
Apr 20049099434.475.86$8,926
Mar 200421995534.365.53$12,806
Feb 200433168032.455.51$14,487
Jan 20042231,09032.036.30$14,009
Dec 20032161,39830.266.30$15,346
Nov 20034881,21528.804.60$19,638
Oct 20032421,11328.174.76$12,115
Sep 20032471,26126.314.75$12,488
Aug 20033221,86029.765.13$19,124
Jul 20033082,66229.415.17$22,823
Jun 200301428.565.98$84
May 20032142126.595.97$5,816
Apr 20038454926.675.41$5,209
Mar 20032891,45231.146.10$17,851
Feb 200317215133.487.93$6,955
Jan 200329533830.315.58$10,828
Dec 200219993226.914.85$9,879
Nov 200250570224.664.14$15,357
Oct 20022021,56826.464.23$11,976
Sep 20022991,26327.443.64$12,796
Aug 200230582425.963.16$10,525
Jul 20021991,26424.583.06$8,761
Jun 20024151,23423.733.34$13,967
May 20023071,92324.663.58$14,463
Apr 200240182123.653.51$12,367
Mar 200219783722.003.10$6,931
Feb 200243159218.222.38$9,259
Jan 20023381,06617.172.38$8,336
Dec 200111353916.932.36$3,188

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 2017 — as filed, then multipliedworked
Oil                    1 bbl  × $ 46.77 =        $47
Casinghead gas         0 Mcf  × $  2.98 =         $0

────────────────────────────────────────────────────
Month total                                      $47

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/8716 is the state's own key, not one this site invented.