THREE KATZ

Operated by AWP OPERATING COMPANY (P-5 38889) in the TOM LYNE, NE. (HOCKLEY C) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 8754District 02Field 90508390OilCasinghead gasSaveExport
Value, all time
$333 k
Jul 2002 – Jul 2006
Value, last 12 filed months
$4 k
at the published price for each month
Months reported
49
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
1974-04-19
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
OilDisposition9,402 bbl$332,231
Casinghead gasProduction277 Mcf$979
Total$333,210

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 28.2948, -98.1785. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.29479, -98.17850 · 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
3,500 ft
1 wells filed one
Completion to plug
3.8 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 3,500 ft.

Completions filed
Jul 2002
1 of 1 wells
Plug dates filed
May 2006
1 of 1 wells

Last completion to plug: a median of 3.8 years across the 1 well that filed both dates, with the middle half between 3.8 years and 3.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2973445323,500 ftJul 2002May 2006Yes

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 (49)

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

49 months

Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 200630066.016.42$1,980
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 200542154.6910.59$2,308
Oct 20050158.3413.80$14
Sep 20050161.4512.08$12
Aug 20050161.519.80$10
Jul 2005435155.697.84$24,233
Jun 2005185152.337.38$9,688
May 2005198145.226.65$8,960
Apr 2005196149.207.36$9,651
Mar 2005186150.377.15$9,376
Feb 2005359145.226.31$16,240
Jan 2005356143.166.32$15,371
Dec 2004171139.866.75$6,823
Nov 2004174145.286.33$7,885
Oct 2004178149.706.52$8,853
Sep 2004366143.245.28$15,831
Aug 2004179142.375.55$7,590
Jul 2004186138.286.08$7,126
Jun 2004355136.106.43$12,822
May 20040137.486.49$6
Apr 2004364134.475.86$12,553
Mar 2004363134.365.53$12,478
Feb 2004181132.455.51$5,879
Jan 20040132.036.30$6
Dec 2003172130.266.30$5,211
Nov 2003171128.804.60$4,929
Oct 2003358128.174.76$10,090
Sep 2003357126.314.75$9,397
Aug 2003523129.765.13$15,570
Jul 2003181129.415.17$5,328
Jun 2003334128.565.98$9,545
May 2003530126.595.97$14,099
Apr 2003541126.675.41$14,434
Mar 2003364131.146.10$11,341
Feb 2003181133.487.93$6,068
Jan 20030130.315.58$6
Dec 20020026.914.85$0
Nov 2002173124.664.14$4,270
Oct 2002177126.464.23$4,688
Sep 2002180127.443.64$4,943
Aug 2002536125.963.16$13,918
Jul 200212023824.583.06$3,678

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.

May 2006 — as filed, then multipliedworked
Oil                   30 bbl  × $ 66.01 =     $1,980
Casinghead gas         0 Mcf  × $  6.42 =         $0

────────────────────────────────────────────────────
Month total                                   $1,980

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/8754 is the state's own key, not one this site invented.