TRAYLOR

Operated by KEBO OIL & GAS, INC. (P-5 453170) in the HEYSER (6200) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 8924District 02Field 40957858OilCasinghead gasSaveExport
Value, all time
$1.5 M
May 2004 – Jul 2007
Value, last 12 filed months
$4 k
at the published price for each month
Months reported
39
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
1969-01-17
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
OilDisposition8,079 bbl$370,961
Casinghead gasProduction153,019 Mcf$1,123,214
Total$1,494,175

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 28.6187, -96.8996. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.61872, -96.89956 · 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
7,700 ft
1 wells filed one
Completion to plug
2.5 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 7,700 ft.

Completions filed
May 2004
1 of 1 wells
Plug dates filed
Nov 2006
1 of 1 wells

Last completion to plug: a median of 2.5 years across the 1 well that filed both dates, with the middle half between 2.5 years and 2.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4693382117,700 ftMay 2004Nov 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 (39)

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

39 months

Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 200672056.656.92$4,079
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 200617341466.016.42$14,080
Apr 200601,26864.397.36$9,333
Mar 20063412,81556.707.08$39,273
Feb 2006011,31057.597.75$87,665
Jan 2006010,16160.598.93$90,771
Dec 200509,33654.9413.42$125,246
Nov 2005056854.6910.59$6,014
Oct 2005088758.3413.80$12,237
Sep 2005070261.4512.08$8,479
Aug 200503,62361.519.80$35,494
Jul 20051854,86755.697.84$48,478
Jun 20051847,25052.337.38$63,141
May 20051857,41745.226.65$57,697
Apr 20053656,79849.207.36$67,995
Mar 200536410,95550.377.15$96,716
Feb 20055607,65745.226.31$73,654
Jan 200555011,27743.166.32$95,033
Dec 20045438,52539.866.75$79,197
Nov 20045438,56345.286.33$78,794
Oct 200490812,27249.706.52$125,081
Sep 200492612,08543.245.28$103,896
Aug 20041,86511,38342.375.55$142,203
Jul 20043152,88638.286.08$29,617
Jun 20040036.106.43$0
May 20040037.486.49$0

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 2006 — as filed, then multipliedworked
Oil                   72 bbl  × $ 56.65 =     $4,079
Casinghead gas         0 Mcf  × $  6.92 =         $0

────────────────────────────────────────────────────
Month total                                   $4,079

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/8924 is the state's own key, not one this site invented.