MEEKER SYNDICATE LOT 12

Operated by MATCO OIL CO. (P-5 532998) in the SARATOGA field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 17994District 03Field 81057001Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$223 k
Jan 1993 – Apr 1999
Value, last 12 filed months
$19 k
at the published price for each month
Months reported
76
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 98 leases and 616 wells, and the rule below applies to all of them.

Discovered
1901-01-01
as the register files it
Field class
Oil
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.

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
OilDisposition13,652 bbl$222,481
Casinghead gasProduction71 Mcf$54
Total$222,535

48 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 30.3012, -94.5118. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.30121, -94.51185 · 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
3,672 ft
1 wells filed one
Completion to plug
1 well filed both, dated out of order

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 3,672 ft.

Completions filed
Oct 2010
1 of 1 wells
Plug dates filed
Jan 1999
1 of 1 wells

Last completion to plug: no median is published. 1 well on this lease filed both dates, and on that one the last completion is dated after the plug date, so there is no interval to take a median of. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-1993214813,672 ftOct 2010Jan 1999Yes

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 (76)

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

76 months

Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 1999330010.381.90$3,425
Dec 1998019.201.77$2
Nov 1998181110.892.19$1,973
Oct 1998191112.421.97$2,374
Sep 1998187112.592.08$2,356
Aug 1998191111.301.91$2,160
Jul 1998381111.742.24$4,475
Jun 19980111.242.24$2
May 1998181112.622.21$2,286
Apr 1998191113.042.51$2,493
Mar 1998374112.802.31$4,790
Feb 1998179113.952.30$2,499
Jan 1998378114.702.15$5,559
Dec 19970116.322.41$2
Nov 1997195118.193.09$3,550
Oct 1997189119.253.15$3,641
Sep 1997189117.742.95$3,356
Aug 1997191117.862.55$3,414
Jul 1997188017.582.25$3,305
Jun 1997191117.242.26$3,295
May 1997193118.972.31$3,664
Apr 1997190117.882.08$3,399
Mar 1997193118.951.94$3,659
Feb 1997194120.492.21$3,977
Jan 19970123.483.54$4
Dec 1996192123.32$4,477
Nov 1996193121.97$4,240
Oct 1996382123.31$8,904
Sep 19960122.22$0
Aug 1996383120.26$7,760
Jul 19960119.55$0
Jun 1996193118.73$3,615
May 1996184119.43$3,575
Apr 1996189121.51$4,065
Mar 1996191119.38$3,702
Feb 1996189116.98$3,209
Jan 1996190117.07$3,243
Dec 1995190117.19$3,266
Nov 1995193116.00$3,088
Oct 1995192115.43$2,963
Sep 1995192116.18$3,107
Aug 1995373115.92$5,938
Jul 1995185115.24$2,819
Jun 19950116.41$0
May 1995191117.56$3,354
Apr 1995188117.73$3,333
Mar 1995188116.44$3,091
Feb 1995361116.58$5,985
Jan 19950115.92$0
Dec 1994179115.03$2,690
Nov 1994196115.90$3,116
Oct 1994188115.58$2,929
Sep 1994207115.29$3,165
Aug 1994194116.13$3,129
Jul 1994193117.56$3,389
Jun 1994192117.09$3,281
May 1994185115.88$2,938
Apr 1994184114.14$2,602
Mar 1994174112.46$2,168
Feb 1994185112.50$2,313
Jan 1994216112.66$2,735
Dec 1993180112.33$2,219
Nov 1993181114.49$2,623
Oct 1993181115.85$2,869
Sep 1993177115.03$2,660
Aug 1993177115.66$2,772
Jul 1993183115.46$2,829
Jun 1993181116.79$3,039
May 1993183117.68$3,235
Apr 1993181118.05$3,267
Mar 1993178118.14$3,229
Feb 1993172117.90$3,079
Jan 1993169116.93$2,861

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.

Jan 1999 — as filed, then multipliedworked
Oil                  330 bbl  × $ 10.38 =     $3,425
Casinghead gas         0 Mcf  × $  1.90 =         $0

────────────────────────────────────────────────────
Month total                                   $3,425

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/17994 is the state's own key, not one this site invented.