ATLANTIC RICHFIELD CO.

Operated by PETRONOMICS, INC. (P-5 660880) in the HICKSBAUGH, E. (WILCOX 8400) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 10362District 03Field 41067500OilCasinghead gasSaveExport
Value, all time
$139 k
Jan 1993 – Apr 1998
Value, last 12 filed months
$752
at the published price for each month
Months reported
64
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
1973-01-20
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
OilDisposition8,182 bbl$139,140
Casinghead gasProduction783 Mcf$215
Total$139,355

693 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 30.5612, -94.3318. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.56120, -94.33181 · 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
8,491 ft
1 wells filed one
Completion to plug
5.2 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 8,491 ft.

Completions filed
Jan 1973
1 of 1 wells
Plug dates filed
Mar 1978
1 of 1 wells

Last completion to plug: a median of 5.2 years across the 1 well that filed both dates, with the middle half between 5.2 years and 5.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4573005718,491 ftJan 1973Mar 1978Yes

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 (64)

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

64 months

Apr 19980013.042.51$0
Mar 19980012.802.31$0
Feb 199849013.952.30$684
Jan 19980014.702.15$0
Dec 19970016.322.41$0
Nov 19970018.193.09$0
Oct 19970019.253.15$0
Sep 19970017.742.95$0
Aug 19970017.862.55$0
Jul 19970017.582.25$0
Jun 199701517.242.26$34
May 199701518.972.31$35
Apr 199701517.882.08$31
Mar 199701518.951.94$29
Feb 199701520.492.21$33
Jan 19971731523.483.54$4,115
Dec 199601523.32$0
Nov 19961951521.97$4,284
Oct 19961921523.31$4,476
Sep 19961821522.22$4,044
Aug 19961981520.26$4,011
Jul 19961861519.55$3,636
Jun 19961991518.73$3,727
May 199621519.43$39
Apr 19961911521.51$4,108
Mar 19963811519.38$7,384
Feb 199641516.98$68
Jan 19961961517.07$3,346
Dec 19951861517.19$3,197
Nov 19951921516.00$3,072
Oct 19951891515.43$2,916
Sep 19951851516.18$2,993
Aug 19951921515.92$3,057
Jul 19951951515.24$2,972
Jun 19951901516.41$3,118
May 19953731517.56$6,550
Apr 199541517.73$71
Mar 19950116.44$0
Feb 19951116.58$17
Jan 19953812015.92$6,066
Dec 19941872015.03$2,811
Nov 1994187315.90$2,973
Oct 19941315.58$16
Sep 19941842015.29$2,813
Aug 19941881016.13$3,032
Jul 19941871017.56$3,284
Jun 19941851017.09$3,162
May 19941851015.88$2,938
Apr 19941851014.14$2,616
Mar 19941851012.46$2,305
Feb 19941862012.50$2,325
Jan 19941912012.66$2,418
Dec 19933782012.33$4,661
Nov 199301014.49$0
Oct 19930515.85$0
Sep 199302015.03$0
Aug 19931872015.66$2,928
Jul 19931882015.46$2,906
Jun 19931922016.79$3,224
May 19931922017.68$3,395
Apr 19933712018.05$6,697
Mar 199312018.14$18
Feb 19931922017.90$3,437
Jan 19931941516.93$3,284

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.

Feb 1998 — as filed, then multipliedworked
Oil                   49 bbl  × $ 13.95 =       $684
Casinghead gas         0 Mcf  × $  2.30 =         $0

────────────────────────────────────────────────────
Month total                                     $684

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/O/10362 is the state's own key, not one this site invented.