COURT, VINCE

Operated by 7711 CORPORATION, THE (P-5 954998) in the CALDWELL, NE (GEORGETOWN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 19017District 03Field 14713500OilCasinghead gasSaveExport
Value, all time
$284 k
Jan 1993 – Aug 2003
Value, last 12 filed months
$0
at the published price for each month
Months reported
128
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 109 leases and 120 wells, and the rule below applies to all of them.

Discovered
1980-04-28
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 1985-11-01.

The Commission's schedule remark for this field reads: THIS FIELD COMBINED INTO THE GIDDINGS (BUDA) FIELD.

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
OilDisposition15,605 bbl$263,578
Casinghead gasProduction8,615 Mcf$20,256
Total$283,834

447 Mcf of this lease's gas, across 18 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 30.6441, -96.5404. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.64407, -96.54044 · 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
7,862 ft
1 wells filed one
Completion to plug
17.1 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 7,862 ft.

Completions filed
Dec 1985
1 of 1 wells
Plug dates filed
Jan 2003
1 of 1 wells

Last completion to plug: a median of 17.1 years across the 1 well that filed both dates, with the middle half between 17.1 years and 17.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-0413135427,862 ftDec 1985Jan 2003Yes

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 (128)

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

128 months

Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 200222025.963.16$571
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 200256017.172.38$962
Dec 2001180016.932.36$3,047
Nov 2001189018.072.41$3,415
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 2001185023.933.20$4,427
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 200135024.685.34$864
Mar 200165024.545.38$1,595
Feb 200135027.755.77$971
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 2000174031.875.19$5,545
Aug 2000180029.644.54$5,335
Jul 20000028.534.09$0
Jun 2000189029.304.40$5,538
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 2000357027.622.73$9,860
Jan 200008,15525.272.48$20,228
Dec 19990024.282.42$0
Nov 1999356023.192.43$8,256
Oct 1999175020.982.80$3,672
Sep 19990021.752.62$0
Aug 1999163019.262.88$3,139
Jul 19990017.892.37$0
Jun 1999180015.942.36$2,869
May 1999358015.792.32$5,653
Apr 1999361015.102.21$5,451
Mar 19990012.471.84$0
Feb 1999019.981.82$2
Jan 1999353110.381.90$3,666
Dec 1998119.201.77$11
Nov 19980110.892.19$2
Oct 1998370112.421.97$4,597
Sep 1998364112.592.08$4,585
Aug 19980111.301.91$2
Jul 1998389011.742.24$4,567
Jun 19981111.242.24$13
May 19981112.622.21$15
Apr 1998186113.042.51$2,428
Mar 1998344112.802.31$4,406
Feb 19980013.952.30$0
Jan 1998345114.702.15$5,074
Dec 1997340116.322.41$5,551
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 19970017.242.26$0
May 19970018.972.31$0
Apr 19970017.882.08$0
Mar 19970018.951.94$0
Feb 19970020.492.21$0
Jan 19970023.483.54$0
Dec 19960023.32$0
Nov 1996198021.97$4,350
Oct 19960023.31$0
Sep 19960022.22$0
Aug 19960020.26$0
Jul 19960019.55$0
Jun 19960018.73$0
May 19960019.43$0
Apr 1996190021.51$4,087
Mar 1996192019.38$3,721
Feb 19960016.98$0
Jan 19960017.07$0
Dec 1995179017.19$3,077
Nov 1995193016.00$3,088
Oct 1995176015.43$2,716
Sep 19950016.18$0
Aug 1995325015.92$5,174
Jul 1995178015.24$2,713
Jun 1995173016.41$2,839
May 1995176017.56$3,091
Apr 1995364017.73$6,454
Mar 19950016.44$0
Feb 1995337016.58$5,587
Jan 19950015.92$0
Dec 19940015.03$0
Nov 1994130015.90$2,067
Oct 1994176015.58$2,742
Sep 1994190015.29$2,905
Aug 1994181116.13$2,920
Jul 1994351117.56$6,164
Jun 1994180117.09$3,076
May 1994339115.88$5,383
Apr 1994338114.14$4,779
Mar 1994371112.46$4,623
Feb 1994381112.50$4,763
Jan 19943664012.66$4,634
Dec 19930012.33$0
Nov 19933634014.49$5,260
Oct 19935404015.85$8,559
Sep 19930015.03$0
Aug 19937114015.66$11,134
Jul 199304015.46$0
Jun 199304016.79$0
May 19937384017.68$13,048
Apr 19931814018.05$3,267
Mar 19936954018.14$12,607
Feb 19931844017.90$3,294
Jan 19935554016.93$9,396

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                   22 bbl  × $ 25.96 =       $571
Casinghead gas         0 Mcf  × $  3.16 =         $0

────────────────────────────────────────────────────
Month total                                     $571

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/19017 is the state's own key, not one this site invented.