ARCO FEE DIAMOND

Operated by KERR-MCGEE OIL & GAS ONSHORE LP (P-5 457807) in the BUNA, WEST (WILCOX) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 136831District 03Field 13292332CondensateGasSaveExport
Value, all time
$1.5 M
Jan 1993 – Sep 2006
Value, last 12 filed months
$7 k
at the published price for each month
Months reported
165
no gaps in the span
Streams
2
condensate, 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 42 leases and 42 wells, and the rule below applies to all of them.

Discovered
1956-02-17
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

The Commission's schedule remark for this field reads: PERMANENTLY CLASSIFIED AS GAS WELLS.

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
CondensateDisposition44,271 bbl$931,795
GasProduction284,010 Mcf$554,255
Total$1,486,050

139,250 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 30.4206, -94.0603. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.42056, -94.06035 · 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
11,162 ft
1 wells filed one
Completion to plug
7.0 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 11,162 ft.

Completions filed
Sep 1999
1 of 1 wells
Plug dates filed
Sep 2006
1 of 1 wells

Last completion to plug: a median of 7.0 years across the 1 well that filed both dates, with the middle half between 7.0 years and 7.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-24130503611,162 ftSep 1999Sep 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 (165)

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

165 months

Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 2006127056.707.08$7,201
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040836.106.43$51
May 20040737.486.49$45
Apr 2004012334.475.86$721
Mar 2004012634.365.53$697
Feb 200407732.455.51$424
Jan 200406032.036.30$378
Dec 200306030.266.30$378
Nov 200302928.804.60$133
Oct 200308328.174.76$395
Sep 200305926.314.75$280
Aug 200304929.765.13$251
Jul 200306129.415.17$315
Jun 200309728.565.98$580
May 2003010326.595.97$615
Apr 2003015926.675.41$860
Mar 2003012731.146.10$774
Feb 2003013933.487.93$1,102
Jan 2003012630.315.58$703
Dec 2002013826.914.85$670
Nov 2002013324.664.14$550
Oct 200210614326.464.23$3,410
Sep 2002016627.443.64$603
Aug 2002019225.963.16$608
Jul 2002058424.583.06$1,788
Jun 2002015223.733.34$507
May 20020124.663.58$4
Apr 2002063723.653.51$2,237
Mar 2002057422.003.10$1,781
Feb 2002062518.222.38$1,485
Jan 2002050817.172.38$1,207
Dec 200118092816.932.36$5,242
Nov 2001085918.072.41$2,066
Oct 200118092019.782.53$5,887
Sep 20011781,30224.262.25$7,250
Aug 20011771,43824.873.05$8,792
Jul 200117385723.933.20$6,880
Jun 2001094724.563.82$3,621
May 20011951,29025.524.31$10,533
Apr 20011871,04424.685.34$10,185
Mar 20011941,78724.545.38$14,368
Feb 20015792,87427.755.77$32,642
Jan 20015794,38527.478.40$52,734
Dec 20001,0865,38726.889.12$78,335
Nov 20009036,47632.215.66$65,727
Oct 20001,1066,99431.235.15$70,528
Sep 20001,1006,31631.875.19$67,815
Aug 20009237,50729.644.54$61,445
Jul 20007206,55528.534.09$47,350
Jun 20006824,29929.304.40$38,886
May 20006051,79627.263.68$23,101
Apr 20009077,31224.513.12$45,015
Mar 20001,2598,42228.422.86$59,866
Feb 20001,0708,12827.622.73$51,714
Jan 20001,2728,14725.272.48$52,352
Dec 19991,2507,15624.282.42$47,694
Nov 19991,1668,00923.192.43$46,533
Oct 19991,5938,92220.982.80$58,436
Sep 19991901,08321.752.62$6,969
Aug 1999060419.262.88$1,737
Jul 199906517.892.37$154
Jun 199918410815.942.36$3,188
May 1999015715.792.32$364
Apr 199901715.102.21$38
Mar 1999036212.471.84$665
Feb 199902999.981.82$544
Jan 199915833110.381.90$2,269
Dec 199803489.201.77$617
Nov 1998030910.892.19$675
Oct 1998032912.421.97$648
Sep 199812117912.592.08$1,896
Aug 1998026411.301.91$504
Jul 1998026811.742.24$600
Jun 1998032211.242.24$720
May 199821238612.622.21$3,527
Apr 199815939313.042.51$3,058
Mar 1998050112.802.31$1,157
Feb 1998056513.952.30$1,299
Jan 199816867514.702.15$3,924
Dec 199755766416.322.41$10,691
Nov 199717259318.193.09$4,960
Oct 1997084319.253.15$2,655
Sep 19971671,37317.742.95$7,020
Aug 19971831,39017.862.55$6,819
Jul 199718453317.582.25$4,432
Jun 1997059817.242.26$1,350
May 199712374518.972.31$4,053
Apr 19972681,29317.882.08$7,485
Mar 19971831,79718.951.94$6,952
Feb 19978084420.492.21$3,501
Jan 19971681,11923.483.54$7,906
Dec 199601,19123.32$0
Nov 19963662,27821.97$8,041
Oct 19965452,94223.31$12,704
Sep 19964782,76922.22$10,621
Aug 19961832,18020.26$3,708
Jul 19962831,32719.55$5,533
Jun 199601,46318.73$0
May 19963672,11819.43$7,131
Apr 19963643,15621.51$7,830
Mar 19965523,61319.38$10,698
Feb 19963593,17616.98$6,096
Jan 19965543,12317.07$9,457
Dec 19953651,97017.19$6,274
Nov 19951801,98916.00$2,880
Oct 19951842,36815.43$2,839
Sep 19953592,31116.18$5,809
Aug 19955362,22815.92$8,533
Jul 19951792,80615.24$2,728
Jun 19955372,68716.41$8,812
May 19953602,96717.56$6,322
Apr 19955272,85417.73$9,344
Mar 19955302,95516.44$8,713
Feb 19953612,64916.58$5,985
Jan 19953612,65215.92$5,747
Dec 19947323,09315.03$11,002
Nov 19943542,83715.90$5,629
Oct 19943642,71315.58$5,671
Sep 19943542,79315.29$5,413
Aug 19943603,12916.13$5,807
Jul 19943583,08317.56$6,286
Jun 19947062,63017.09$12,066
May 19943663,02515.88$5,812
Apr 19943633,13714.14$5,133
Mar 19945453,34912.46$6,791
Feb 19945652,67312.50$7,063
Jan 19943782,60612.66$4,785
Dec 19935612,59412.33$6,917
Nov 19935513,16114.49$7,984
Oct 19937213,19715.85$11,428
Sep 19933533,21915.03$5,306
Aug 19937223,46415.66$11,307
Jul 19935403,47215.46$8,348
Jun 19937073,80816.79$11,871
May 19937273,47517.68$12,853
Apr 19939174,61918.05$16,552
Mar 19939264,69518.14$16,798
Feb 19939014,15617.90$16,128
Jan 19938964,55016.93$15,169

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 2006 — as filed, then multipliedworked
Condensate           127 bbl  × $ 56.70 =     $7,201
Gas                    0 Mcf  × $  7.08 =         $0

────────────────────────────────────────────────────
Month total                                   $7,201

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. 03/G/136831 is the state's own key, not one this site invented.