SOUTH ESPERSON UNIT

Name: SOUTH ESPERSON UNIT lease production and value, Dec 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by BLEDSOE PETRO CORPORATION (P-5 75677) in the ESPERSON DOME field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 147794District 03Field 29375001CondensateGasSave Export

Value, all time

$77 k

Dec 1993 – Sep 1998

Value, last 12 filed months

$10 k

at the published price for each month

Months reported

no gaps in the span

Streams

condensate, gas

The ESPERSON DOME field

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 other leases, and the rule below applies to all of them.

Discovered

1938-12-31

as the register files it

Field class

Oil and gas

the register's own label

Between wells

0 ft

minimum

From a lease line

0 ft

minimum

A drilling unit in this field needs at least 0 acres.

The Commission's schedule remark for this field reads: “ALLOCATION FORMULA SUSPENDED PER OPERATOR REQUEST, EFF 12-1-94.”

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.

Stream	Basis	Volume	Value
Condensate	Disposition	3,153 bbl	$52,744
Gas	Production	77,542 Mcf	$24,238
Total			$76,981

67,671 Mcf of this lease's gas, across 37 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 29.9608, -94.9470. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.96083, -94.94699 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

0.0%

0 of 1 wells

Median depth

6,527 ft

1 wells filed one

Completion to plug

—

no well filed both dates

What the state filed about each well

On the RRC proration schedule

1100.0%

A plug date is filed

00.0%

BothOn the schedule and plugged. Neither fact cancels the other.

00.0%

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 6,527 ft.

Completions filed

Dec 1993

1 of 1 wells

1 well


42-29104133	H 4	6,527 ft	Dec 1993	—	Yes

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 (58)

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

58 months


Sep 1998	0	0	12.59	2.08	$0
Aug 1998	0	0	11.30	1.91	$0
Jul 1998	2	0	11.74	2.24	$23
Jun 1998	35	132	11.24	2.24	$689
May 1998	62	295	12.62	2.21	$1,433
Apr 1998	69	227	13.04	2.51	$1,468
Mar 1998	46	267	12.80	2.31	$1,205
Feb 1998	45	178	13.95	2.30	$1,037
Jan 1998	37	222	14.70	2.15	$1,022
Dec 1997	26	97	16.32	2.41	$658
Nov 1997	33	109	18.19	3.09	$937
Oct 1997	28	361	19.25	3.15	$1,676
Sep 1997	23	319	17.74	2.95	$1,351
Aug 1997	22	789	17.86	2.55	$2,409
Jul 1997	32	970	17.58	2.25	$2,742
Jun 1997	33	798	17.24	2.26	$2,370
May 1997	39	1,294	18.97	2.31	$3,727
Apr 1997	68	794	17.88	2.08	$2,870
Mar 1997	77	849	18.95	1.94	$3,105
Feb 1997	30	1,047	20.49	2.21	$2,924
Jan 1997	42	1,123	23.48	3.54	$4,961
Dec 1996	40	965	23.32	—	$933
Nov 1996	32	1,190	21.97	—	$703
Oct 1996	38	1,372	23.31	—	$886
Sep 1996	29	1,324	22.22	—	$644
Aug 1996	19	1,319	20.26	—	$385
Jul 1996	50	599	19.55	—	$978
Jun 1996	71	996	18.73	—	$1,330
May 1996	83	1,588	19.43	—	$1,613
Apr 1996	81	1,558	21.51	—	$1,742
Mar 1996	91	1,673	19.38	—	$1,764
Feb 1996	67	1,536	16.98	—	$1,138
Jan 1996	106	1,730	17.07	—	$1,809
Dec 1995	146	1,685	17.19	—	$2,510
Nov 1995	73	1,731	16.00	—	$1,168
Oct 1995	71	1,774	15.43	—	$1,096
Sep 1995	36	1,069	16.18	—	$582
Aug 1995	12	279	15.92	—	$191
Jul 1995	26	767	15.24	—	$396
Jun 1995	42	1,469	16.41	—	$689
May 1995	56	1,576	17.56	—	$983
Apr 1995	69	1,576	17.73	—	$1,223
Mar 1995	88	1,631	16.44	—	$1,447
Feb 1995	71	1,639	16.58	—	$1,177
Jan 1995	58	1,713	15.92	—	$923
Dec 1994	81	1,804	15.03	—	$1,217
Nov 1994	79	1,785	15.90	—	$1,256
Oct 1994	66	2,100	15.58	—	$1,028
Sep 1994	75	2,064	15.29	—	$1,147
Aug 1994	0	2,133	16.13	—	$0
Jul 1994	76	2,554	17.56	—	$1,335
Jun 1994	108	2,938	17.09	—	$1,846
May 1994	0	2,598	15.88	—	$0
Apr 1994	269	3,176	14.14	—	$3,804
Mar 1994	195	4,761	12.46	—	$2,430
Feb 1994	0	6,179	12.50	—	$0
Jan 1994	0	30	12.66	—	$0
Dec 1993	0	2,790	12.33	—	$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.

Jul 1998 — as filed, then multipliedworked

Condensate             2 bbl  × $ 11.74 =        $23
Gas                    0 Mcf  × $  2.24 =         $0

────────────────────────────────────────────────────
Month total                                      $23

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/147794 is the state's own key, not one this site invented.