JUNKER-SPENCER ETAL -A- TR. -B-

Name: JUNKER-SPENCER ETAL -A- TR. -B- lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by HILCORP ENERGY COMPANY (P-5 386310) in the FANNETT field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 1507District 03Field 30153001Hydrogen sulphide fieldNGPA filingOilCasinghead gasSave Export

Value, all time

$7.8 M

Jan 1993 – Nov 2016

Value, last 12 filed months

$55 k

at the published price for each month

Months reported

287

no gaps in the span

Streams

oil, casinghead gas

The FANNETT 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

1927-12-31

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 register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: “THIS IS A PIERCEMENT TYPE SALT DOME.”

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

Programme	Filings	With an approval date	Dated	Docket
NGPA	1	none	—	—

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
Oil	Disposition	201,121 bbl	$7,308,904
Casinghead gas	Production	118,200 Mcf	$496,805
Total			$7,805,708

16,618 Mcf of this lease's gas, across 47 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 (15)

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 29.8645, -94.2539. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.6 miles.

29.86456, -94.25477 · 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

53.3%

8 of 15 wells

With a plug date

26.7%

4 of 15 wells

Median depth

8,920 ft

13 wells filed one

Completion to plug

30.0 years

median over 3 wells

What the state filed about each well

On the RRC proration schedule

853.3%

A plug date is filed

426.7%

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

426.7%

NeitherNo plug date, and not on the schedule.

746.7%

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

Total depth in feet, 13 of 15 wells. Median 8,920 ft, with the middle half between 7,518 and 9,312 ft; the shallowest is 6,895 ft and the deepest 9,630 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

Last completion by decade, 11 of 15 wells, Jul 1970 – May 2016. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed

Jul 1970 – May 2016

11 of 15 wells; 4 filed none

Plug dates filed

Apr 1987 – Mar 2009

4 of 15 wells; 11 filed none

Last completion to plug: a median of 30.0 years across the 3 wells that filed both dates, with the middle half between 27.1 years and 32.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

15 wells


42-24502470	14	—	—	—	Yes
42-24502483	27	7,701 ft	—	Apr 1987	Yes
42-24502490	34	—	—	—	Yes
42-24530004	50	7,552 ft	—	—	Yes
42-24502499	43	8,920 ft	May 2016	—	—
42-24531469	64	9,379 ft	Jul 1983	Aug 2007	Yes
42-24501963	10	7,518 ft	May 1982	—	—
42-24502495	39	9,353 ft	Mar 1979	Mar 2009	Yes
42-24530168	57	9,200 ft	Jan 1977	—	—
42-24530292	62	8,930 ft	Nov 1974	Feb 2009	Yes
42-24530257	61	9,312 ft	Dec 1973	—	—
42-24530169	54	7,510 ft	Apr 1972	—	—
42-24530121	56	6,895 ft	Apr 1971	—	—
42-24501965	45	9,630 ft	Feb 1971	—	Yes
42-24530072	53	7,216 ft	Jul 1970	—	—

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 (287)

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

287 months


Nov 2016	0	0	42.49	2.64	$0
Oct 2016	0	0	46.19	3.09	$0
Sep 2016	0	0	41.55	3.10	$0
Aug 2016	0	0	41.44	2.92	$0
Jul 2016	0	0	41.62	2.92	$0
Jun 2016	0	0	45.35	2.69	$0
May 2016	0	0	42.52	1.99	$0
Apr 2016	351	198	36.56	1.99	$13,227
Mar 2016	357	324	33.01	1.79	$12,366
Feb 2016	185	215	26.47	2.06	$5,341
Jan 2016	379	257	27.35	2.36	$10,973
Dec 2015	375	355	32.36	2.00	$12,846
Nov 2015	185	212	38.79	2.17	$7,636
Oct 2015	343	273	43.55	2.43	$15,600
Sep 2015	127	226	42.99	2.76	$6,083
Aug 2015	58	161	40.16	2.87	$2,792
Jul 2015	353	142	48.15	2.95	$17,415
Jun 2015	192	461	56.15	2.88	$12,110
May 2015	154	516	55.21	2.96	$10,027
Apr 2015	383	730	49.82	2.71	$21,057
Mar 2015	193	446	42.89	2.93	$9,587
Feb 2015	379	488	44.66	2.98	$18,379
Jan 2015	186	476	43.43	3.10	$9,554
Dec 2014	175	296	54.69	3.59	$10,634
Nov 2014	190	207	70.46	4.25	$14,268
Oct 2014	331	245	78.30	3.90	$26,873
Sep 2014	173	259	86.16	4.05	$15,953
Aug 2014	226	546	89.39	4.04	$22,405
Jul 2014	355	515	96.56	4.18	$36,431
Jun 2014	369	401	98.16	4.74	$38,121
May 2014	367	300	94.73	4.73	$36,184
Apr 2014	193	283	95.94	4.81	$19,877
Mar 2014	325	0	95.89	5.06	$31,164
Feb 2014	551	533	97.40	6.19	$56,968
Jan 2014	176	523	90.40	4.86	$18,453
Dec 2013	344	310	91.82	4.35	$32,936
Nov 2013	570	298	88.85	3.74	$51,759
Oct 2013	383	480	97.42	3.78	$39,126
Sep 2013	63	1,117	104.11	3.72	$10,712
Aug 2013	180	905	104.25	3.52	$21,953
Jul 2013	0	389	102.52	3.72	$1,446
Jun 2013	20	8	94.40	3.93	$1,919
May 2013	190	126	94.83	4.15	$18,540
Apr 2013	0	327	93.96	4.28	$1,400
Mar 2013	205	775	93.62	3.91	$22,225
Feb 2013	186	816	91.23	3.42	$19,759
Jan 2013	188	473	91.60	3.42	$18,838
Dec 2012	199	940	86.77	3.42	$20,482
Nov 2012	175	866	86.95	3.62	$18,355
Oct 2012	204	887	89.38	3.40	$21,249
Sep 2012	177	810	94.67	2.92	$19,120
Aug 2012	368	439	92.66	2.91	$35,376
Jul 2012	364	448	85.13	3.02	$32,341
Jun 2012	184	365	79.82	2.52	$15,606
May 2012	181	534	91.61	2.49	$17,910
Apr 2012	347	928	101.65	2.00	$37,126
Mar 2012	378	952	105.05	2.22	$41,824
Feb 2012	192	756	101.10	2.57	$21,354
Jan 2012	382	977	98.09	2.73	$40,142
Dec 2011	169	524	96.87	3.24	$18,069
Nov 2011	364	905	95.72	3.31	$37,839
Oct 2011	362	902	84.98	3.65	$34,054
Sep 2011	385	492	83.62	3.99	$34,155
Aug 2011	180	446	83.40	4.15	$16,863
Jul 2011	338	984	94.14	4.52	$36,264
Jun 2011	264	301	92.90	4.64	$25,922
May 2011	288	369	98.13	4.40	$29,887
Apr 2011	310	322	105.96	4.33	$34,243
Mar 2011	299	309	96.36	4.06	$30,065
Feb 2011	307	458	85.64	4.18	$28,206
Jan 2011	278	541	86.50	4.59	$26,530
Dec 2010	311	604	85.73	4.35	$29,288
Nov 2010	299	525	80.84	3.80	$26,164
Oct 2010	289	358	78.10	3.51	$23,827
Sep 2010	467	546	72.63	3.98	$36,091
Aug 2010	306	966	73.68	4.42	$26,815
Jul 2010	434	650	72.55	4.74	$34,565
Jun 2010	605	563	70.36	4.91	$45,332
May 2010	448	543	71.12	4.24	$34,161
Apr 2010	481	432	81.69	4.12	$41,074
Mar 2010	370	376	78.39	4.39	$30,654
Feb 2010	309	403	73.58	5.44	$24,929
Jan 2010	489	0	74.36	5.96	$36,362
Dec 2009	448	0	71.44	5.48	$32,005
Nov 2009	408	0	74.59	3.75	$30,433
Oct 2009	389	0	72.54	4.11	$28,218
Sep 2009	447	0	65.54	3.06	$29,296
Aug 2009	461	0	67.42	3.22	$31,081
Jul 2009	546	0	61.13	3.46	$33,377
Jun 2009	371	0	66.16	3.90	$24,545
May 2009	315	0	54.74	3.93	$17,243
Apr 2009	394	0	46.77	3.59	$18,427
Mar 2009	436	0	42.14	4.06	$18,373
Feb 2009	706	0	32.81	4.63	$23,164
Jan 2009	181	0	35.86	5.37	$6,491
Dec 2008	1,110	0	37.10	5.98	$41,181
Nov 2008	0	0	55.49	6.86	$0
Oct 2008	0	0	75.24	6.92	$0
Sep 2008	186	529	101.76	7.88	$23,094
Aug 2008	192	0	114.22	8.48	$21,930
Jul 2008	572	0	131.08	11.39	$74,978
Jun 2008	193	0	131.33	13.03	$25,347
May 2008	390	0	123.17	11.57	$48,036
Apr 2008	386	0	110.31	10.45	$42,580
Mar 2008	387	0	101.90	9.66	$39,435
Feb 2008	385	0	92.53	8.77	$35,624
Jan 2008	757	0	90.38	8.21	$68,418
Dec 2007	388	0	88.33	7.30	$34,272
Nov 2007	175	0	91.67	7.29	$16,042
Oct 2007	385	0	82.85	6.92	$31,897
Sep 2007	566	0	75.84	6.24	$42,925
Aug 2007	392	0	69.06	6.39	$27,072
Jul 2007	385	0	70.90	6.39	$27,297
Jun 2007	387	0	62.00	7.55	$23,994
May 2007	384	663	58.74	7.85	$27,758
Apr 2007	744	637	59.61	7.81	$49,322
Mar 2007	779	612	56.92	7.30	$48,809
Feb 2007	578	603	55.10	8.22	$36,802
Jan 2007	0	643	50.30	6.73	$4,325
Dec 2006	684	624	56.65	6.92	$43,066
Nov 2006	830	630	54.20	7.62	$49,785
Oct 2006	0	1,055	54.90	6.01	$6,345
Sep 2006	671	816	60.08	5.04	$44,424
Aug 2006	1,422	1,024	68.71	7.34	$105,222
Jul 2006	348	1,266	69.37	6.34	$32,171
Jun 2006	840	10,302	66.28	6.38	$121,442
May 2006	854	626	66.01	6.42	$60,395
Apr 2006	505	593	64.39	7.36	$36,882
Mar 2006	1,669	662	56.70	7.08	$99,321
Feb 2006	719	544	57.59	7.75	$45,624
Jan 2006	1,411	579	60.59	8.93	$90,665
Dec 2005	1,207	618	54.94	13.42	$74,603
Nov 2005	856	586	54.69	10.59	$53,019
Oct 2005	672	480	58.34	13.80	$45,826
Sep 2005	0	0	61.45	12.08	$0
Aug 2005	838	156	61.51	9.80	$53,074
Jul 2005	1,545	526	55.69	7.84	$90,167
Jun 2005	519	469	52.33	7.38	$30,621
May 2005	1,396	496	45.22	6.65	$66,426
Apr 2005	1,345	470	49.20	7.36	$69,633
Mar 2005	848	490	50.37	7.15	$46,220
Feb 2005	1,360	507	45.22	6.31	$64,699
Jan 2005	512	548	43.16	6.32	$25,562
Dec 2004	1,023	455	39.86	6.75	$43,849
Nov 2004	499	454	45.28	6.33	$25,469
Oct 2004	869	508	49.70	6.52	$46,499
Sep 2004	1,452	507	43.24	5.28	$65,463
Aug 2004	539	566	42.37	5.55	$25,979
Jul 2004	1,556	553	38.28	6.08	$62,928
Jun 2004	1,374	543	36.10	6.43	$53,095
May 2004	1,100	576	37.48	6.49	$44,969
Apr 2004	0	541	34.47	5.86	$3,169
Mar 2004	1,224	534	34.36	5.53	$45,010
Feb 2004	1,040	495	32.45	5.51	$36,475
Jan 2004	1,246	1,152	32.03	6.30	$47,167
Dec 2003	2,096	1,305	30.26	6.30	$71,649
Nov 2003	1,082	847	28.80	4.60	$35,054
Oct 2003	1,243	642	28.17	4.76	$38,071
Sep 2003	1,236	1,093	26.31	4.75	$37,710
Aug 2003	1,569	674	29.76	5.13	$50,151
Jul 2003	1,588	616	29.41	5.17	$49,888
Jun 2003	1,035	751	28.56	5.98	$34,053
May 2003	1,776	574	26.59	5.97	$50,652
Apr 2003	1,634	539	26.67	5.41	$46,493
Mar 2003	1,792	430	31.14	6.10	$58,424
Feb 2003	1,636	575	33.48	7.93	$59,331
Jan 2003	1,716	514	30.31	5.58	$54,881
Dec 2002	1,448	1,116	26.91	4.85	$44,382
Nov 2002	2,174	893	24.66	4.14	$57,305
Oct 2002	1,284	1,171	26.46	4.23	$38,927
Sep 2002	1,829	729	27.44	3.64	$52,838
Aug 2002	2,593	916	25.96	3.16	$70,213
Jul 2002	1,998	744	24.58	3.06	$51,389
Jun 2002	2,494	706	23.73	3.34	$61,539
May 2002	2,685	734	24.66	3.58	$68,843
Apr 2002	1,301	389	23.65	3.51	$32,135
Mar 2002	2,585	520	22.00	3.10	$58,483
Feb 2002	2,683	551	18.22	2.38	$50,193
Jan 2002	3,366	369	17.17	2.38	$58,671
Dec 2001	3,249	652	16.93	2.36	$56,547
Nov 2001	2,893	981	18.07	2.41	$54,636
Oct 2001	4,156	445	19.78	2.53	$83,331
Sep 2001	4,372	860	24.26	2.25	$108,001
Aug 2001	4,931	385	24.87	3.05	$123,809
Jul 2001	4,052	373	23.93	3.20	$98,157
Jun 2001	3,044	1,021	24.56	3.82	$78,665
May 2001	4,794	361	25.52	4.31	$123,898
Apr 2001	5,901	655	24.68	5.34	$149,131
Mar 2001	3,731	1,722	24.54	5.38	$100,817
Feb 2001	1,682	270	27.75	5.77	$48,233
Jan 2001	486	129	27.47	8.40	$14,434
Dec 2000	279	0	26.88	9.12	$7,500
Nov 2000	417	0	32.21	5.66	$13,432
Oct 2000	573	64	31.23	5.15	$18,224
Sep 2000	452	0	31.87	5.19	$14,405
Aug 2000	445	550	29.64	4.54	$15,687
Jul 2000	0	0	28.53	4.09	$0
Jun 2000	431	0	29.30	4.40	$12,628
May 2000	566	0	27.26	3.68	$15,429
Apr 2000	278	0	24.51	3.12	$6,814
Mar 2000	418	0	28.42	2.86	$11,880
Feb 2000	153	0	27.62	2.73	$4,226
Jan 2000	692	0	25.27	2.48	$17,487
Dec 1999	0	0	24.28	2.42	$0
Nov 1999	586	0	23.19	2.43	$13,589
Oct 1999	284	0	20.98	2.80	$5,958
Sep 1999	288	0	21.75	2.62	$6,264
Aug 1999	458	0	19.26	2.88	$8,821
Jul 1999	319	0	17.89	2.37	$5,707
Jun 1999	0	0	15.94	2.36	$0
May 1999	0	0	15.79	2.32	$0
Apr 1999	588	0	15.10	2.21	$8,879
Mar 1999	0	0	12.47	1.84	$0
Feb 1999	402	0	9.98	1.82	$4,012
Jan 1999	574	0	10.38	1.90	$5,958
Dec 1998	0	27	9.20	1.77	$48
Nov 1998	542	0	10.89	2.19	$5,902
Oct 1998	0	3	12.42	1.97	$6
Sep 1998	0	17	12.59	2.08	$35
Aug 1998	0	280	11.30	1.91	$534
Jul 1998	524	419	11.74	2.24	$7,089
Jun 1998	0	232	11.24	2.24	$519
May 1998	494	0	12.62	2.21	$6,234
Apr 1998	549	765	13.04	2.51	$9,076
Mar 1998	0	550	12.80	2.31	$1,270
Feb 1998	0	37	13.95	2.30	$85
Jan 1998	0	0	14.70	2.15	$0
Dec 1997	0	135	16.32	2.41	$326
Nov 1997	205	219	18.19	3.09	$4,405
Oct 1997	228	242	19.25	3.15	$5,151
Sep 1997	138	104	17.74	2.95	$2,755
Aug 1997	303	184	17.86	2.55	$5,882
Jul 1997	304	166	17.58	2.25	$5,717
Jun 1997	307	184	17.24	2.26	$5,708
May 1997	147	20	18.97	2.31	$2,835
Apr 1997	1,281	19	17.88	2.08	$22,944
Mar 1997	0	14	18.95	1.94	$27
Feb 1997	0	98	20.49	2.21	$216
Jan 1997	0	330	23.48	3.54	$1,168
Dec 1996	0	211	23.32	—	$0
Nov 1996	0	0	21.97	—	$0
Oct 1996	296	108	23.31	—	$6,900
Sep 1996	472	174	22.22	—	$10,488
Aug 1996	158	225	20.26	—	$3,201
Jul 1996	304	343	19.55	—	$5,943
Jun 1996	624	440	18.73	—	$11,688
May 1996	0	520	19.43	—	$0
Apr 1996	0	552	21.51	—	$0
Mar 1996	317	322	19.38	—	$6,143
Feb 1996	530	379	16.98	—	$8,999
Jan 1996	350	729	17.07	—	$5,975
Dec 1995	716	706	17.19	—	$12,308
Nov 1995	855	656	16.00	—	$13,680
Oct 1995	708	639	15.43	—	$10,924
Sep 1995	829	778	16.18	—	$13,413
Aug 1995	661	889	15.92	—	$10,523
Jul 1995	685	752	15.24	—	$10,439
Jun 1995	866	754	16.41	—	$14,211
May 1995	844	676	17.56	—	$14,821
Apr 1995	661	571	17.73	—	$11,720
Mar 1995	828	9	16.44	—	$13,612
Feb 1995	852	21	16.58	—	$14,126
Jan 1995	849	256	15.92	—	$13,516
Dec 1994	848	506	15.03	—	$12,745
Nov 1994	673	641	15.90	—	$10,701
Oct 1994	833	284	15.58	—	$12,978
Sep 1994	1,015	1	15.29	—	$15,519
Aug 1994	664	209	16.13	—	$10,710
Jul 1994	681	132	17.56	—	$11,958
Jun 1994	838	116	17.09	—	$14,321
May 1994	671	343	15.88	—	$10,655
Apr 1994	857	132	14.14	—	$12,118
Mar 1994	1,031	585	12.46	—	$12,846
Feb 1994	1,194	514	12.50	—	$14,925
Jan 1994	344	163	12.66	—	$4,355
Dec 1993	0	88	12.33	—	$0
Nov 1993	871	182	14.49	—	$12,621
Oct 1993	532	115	15.85	—	$8,432
Sep 1993	1,056	320	15.03	—	$15,872
Aug 1993	620	477	15.66	—	$9,709
Jul 1993	689	314	15.46	—	$10,652
Jun 1993	983	139	16.79	—	$16,505
May 1993	665	34	17.68	—	$11,757
Apr 1993	679	170	18.05	—	$12,256
Mar 1993	620	152	18.14	—	$11,247
Feb 1993	859	130	17.90	—	$15,376
Jan 1993	875	161	16.93	—	$14,814

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.

Apr 2016 — as filed, then multipliedworked

Oil                  351 bbl  × $ 36.56 =    $12,833
Casinghead gas       198 Mcf  × $  1.99 =       $394

────────────────────────────────────────────────────
Month total                                  $13,227

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/1507 is the state's own key, not one this site invented.