ARCO FEE "B"

Operated by ROTATION, INCORPORATED (P-5 730032) in the SEGNO, N.E. (WILCOX A) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 18404District 03Field 82144600NGPA filingOilCasinghead gasSaveExport
Value, all time
$511 k
Jan 1993 – Oct 2002
Value, last 12 filed months
$597
at the published price for each month
Months reported
118
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 12 leases and 15 wells, and the rule below applies to all of them.

Discovered
1984-08-23
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

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.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA1none

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.

StreamBasisVolumeValue
OilDisposition27,699 bbl$484,370
Casinghead gasProduction19,244 Mcf$26,467
Total$510,837

9,961 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 30.5602, -94.5920. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.56018, -94.59202 · 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
8,012 ft
1 wells filed one
Completion to plug
17.5 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 8,012 ft.

Completions filed
Mar 1985
1 of 1 wells
Plug dates filed
Sep 2002
1 of 1 wells

Last completion to plug: a median of 17.5 years across the 1 well that filed both dates, with the middle half between 17.5 years and 17.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3733061218,012 ftMar 1985Sep 2002Yes

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 (118)

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

118 months

Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 200223025.963.16$597
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 2001187024.873.05$4,651
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 200104324.545.38$231
Feb 2001015627.755.77$900
Jan 20010027.478.40$0
Dec 2000018526.889.12$1,688
Nov 2000019232.215.66$1,086
Oct 2000012131.235.15$623
Sep 20000031.875.19$0
Aug 2000021329.644.54$967
Jul 200013822028.534.09$4,837
Jun 200017020629.304.40$5,887
May 2000012127.263.68$445
Apr 20008917824.513.12$2,736
Mar 2000019228.422.86$549
Feb 200015020627.622.73$4,705
Jan 200020817825.272.48$5,698
Dec 1999022024.282.42$533
Nov 199913421323.192.43$3,626
Oct 199912121320.982.80$3,136
Sep 199916314921.752.62$3,935
Aug 199915116319.262.88$3,377
Jul 1999022017.892.37$522
Jun 199936122015.942.36$6,274
May 1999022015.792.32$511
Apr 199917517815.102.21$3,036
Mar 199917921312.471.84$2,624
Feb 199901999.981.82$362
Jan 199911222010.381.90$1,581
Dec 19983592209.201.77$3,693
Nov 1998017010.892.19$372
Oct 1998011412.421.97$224
Sep 199813520612.592.08$2,129
Aug 199818720611.301.91$2,506
Jul 199817818511.742.24$2,504
Jun 1998019911.242.24$445
May 19981878512.622.21$2,547
Apr 199817713513.042.51$2,646
Mar 199817819912.802.31$2,738
Feb 199816019913.952.30$2,690
Jan 199817921314.702.15$3,090
Dec 199718022016.322.41$3,468
Nov 199736517018.193.09$7,164
Oct 199717522019.253.15$4,062
Sep 199736021317.742.95$7,016
Aug 199735718517.862.55$6,849
Jul 199736622017.582.25$6,929
Jun 199736021317.242.26$6,687
May 199736422018.972.31$7,413
Apr 199736621317.882.08$6,988
Mar 199736822018.951.94$7,400
Feb 199737119920.492.21$8,041
Jan 199756322023.483.54$13,998
Dec 199655822023.32$13,013
Nov 199656321321.97$12,369
Oct 199637122023.31$8,648
Sep 199637017022.22$8,221
Aug 199648222020.26$9,765
Jul 199654522019.55$10,655
Jun 199648621318.73$9,103
May 199635622019.43$6,917
Apr 199650621321.51$10,884
Mar 199636222019.38$7,016
Feb 199636120616.98$6,130
Jan 199655321317.07$9,440
Dec 199536222017.19$6,223
Nov 199554321316.00$8,688
Oct 199537922015.43$5,848
Sep 199554321316.18$8,786
Aug 199536522015.92$5,811
Jul 199553319915.24$8,123
Jun 199536919916.41$6,055
May 199553222017.56$9,342
Apr 199535420617.73$6,276
Mar 199553617716.44$8,812
Feb 199533219916.58$5,505
Jan 199532722015.92$5,206
Dec 199435822015.03$5,381
Nov 199436821315.90$5,851
Oct 199435119215.58$5,469
Sep 199436221315.29$5,535
Aug 199435722016.13$5,758
Jul 199435422017.56$6,216
Jun 199435620617.09$6,084
May 199471921315.88$11,418
Apr 199418119214.14$2,559
Mar 199435618512.46$4,436
Feb 1994019912.50$0
Jan 199436220612.66$4,583
Dec 199354920612.33$6,769
Nov 199331314914.49$4,535
Oct 199335622015.85$5,643
Sep 199318114215.03$2,720
Aug 199335722015.66$5,591
Jul 199353720615.46$8,302
Jun 199318021316.79$3,022
May 199352022017.68$9,194
Apr 199336121318.05$6,516
Mar 199334922018.14$6,331
Feb 199335519917.90$6,355
Jan 199353322016.93$9,024

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.

Aug 2002 — as filed, then multipliedworked
Oil                   23 bbl  × $ 25.96 =       $597
Casinghead gas         0 Mcf  × $  3.16 =         $0

────────────────────────────────────────────────────
Month total                                     $597

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/18404 is the state's own key, not one this site invented.