PRICE, J.E.

Name: PRICE, J.E. lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by WHITING OIL AND GAS CORPORATION (P-5 920478) in the ROWAN, N. (FRIO, UPPER 9600) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 19383District 03Field 78615332OilCasinghead gasSave Export

Value, all time

$1.1 M

Jan 1993 – Sep 2005

Value, last 12 filed months

$20 k

at the published price for each month

Months reported

153

no gaps in the span

Streams

oil, casinghead gas

The ROWAN, N. (FRIO, UPPER 9600) 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 8 leases and 11 wells, and the rule below applies to all of them.

Discovered

1955-01-10

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.

Stream	Basis	Volume	Value
Oil	Disposition	59,489 bbl	$1,139,482
Casinghead gas	Production	6,508 Mcf	$2,824
Total			$1,142,306

5,357 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 (2)

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 29.3599, -95.3058. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.35988, -95.30581 · 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

100.0%

2 of 2 wells

With a plug date

50.0%

1 of 2 wells

Median depth

10,091 ft

2 wells filed one

Completion to plug

4.5 years

median over 1 well

What the state filed about each well

On the RRC proration schedule

2100.0%

A plug date is filed

150.0%

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

150.0%

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

Between 9,812 and 10,370 ft, median 10,091 ft, over the 2 wells that filed a depth.

Completions filed

Sep 1986 – Dec 2023

2 of 2 wells

Plug dates filed

Mar 1991

1 of 2 wells; 1 filed none

Last completion to plug: a median of 4.5 years across the 1 well that filed both dates, with the middle half between 4.5 years and 4.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells


42-03932436	4	9,812 ft	Dec 2023	—	Yes
42-03932146	1	10,370 ft	Sep 1986	Mar 1991	Yes

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 (153)

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

153 months


Sep 2005	0	0	61.45	12.08	$0
Aug 2005	0	0	61.51	9.80	$0
Jul 2005	0	0	55.69	7.84	$0
Jun 2005	231	0	52.33	7.38	$12,088
May 2005	0	0	45.22	6.65	$0
Apr 2005	0	0	49.20	7.36	$0
Mar 2005	0	0	50.37	7.15	$0
Feb 2005	0	0	45.22	6.31	$0
Jan 2005	0	0	43.16	6.32	$0
Dec 2004	192	0	39.86	6.75	$7,653
Nov 2004	0	0	45.28	6.33	$0
Oct 2004	0	0	49.70	6.52	$0
Sep 2004	196	0	43.24	5.28	$8,475
Aug 2004	188	0	42.37	5.55	$7,966
Jul 2004	181	0	38.28	6.08	$6,929
Jun 2004	0	0	36.10	6.43	$0
May 2004	0	0	37.48	6.49	$0
Apr 2004	171	0	34.47	5.86	$5,894
Mar 2004	174	0	34.36	5.53	$5,979
Feb 2004	190	0	32.45	5.51	$6,166
Jan 2004	197	0	32.03	6.30	$6,310
Dec 2003	290	0	30.26	6.30	$8,775
Nov 2003	183	0	28.80	4.60	$5,270
Oct 2003	222	0	28.17	4.76	$6,254
Sep 2003	186	0	26.31	4.75	$4,894
Aug 2003	178	0	29.76	5.13	$5,297
Jul 2003	195	0	29.41	5.17	$5,735
Jun 2003	221	0	28.56	5.98	$6,312
May 2003	118	0	26.59	5.97	$3,138
Apr 2003	208	0	26.67	5.41	$5,547
Mar 2003	228	0	31.14	6.10	$7,100
Feb 2003	249	0	33.48	7.93	$8,337
Jan 2003	206	0	30.31	5.58	$6,244
Dec 2002	239	0	26.91	4.85	$6,431
Nov 2002	416	0	24.66	4.14	$10,259
Oct 2002	205	0	26.46	4.23	$5,424
Sep 2002	227	0	27.44	3.64	$6,229
Aug 2002	214	0	25.96	3.16	$5,555
Jul 2002	221	0	24.58	3.06	$5,432
Jun 2002	394	0	23.73	3.34	$9,350
May 2002	216	0	24.66	3.58	$5,327
Apr 2002	199	0	23.65	3.51	$4,706
Mar 2002	432	0	22.00	3.10	$9,504
Feb 2002	251	0	18.22	2.38	$4,573
Jan 2002	200	0	17.17	2.38	$3,434
Dec 2001	376	0	16.93	2.36	$6,366
Nov 2001	366	0	18.07	2.41	$6,614
Oct 2001	183	0	19.78	2.53	$3,620
Sep 2001	442	0	24.26	2.25	$10,723
Aug 2001	179	0	24.87	3.05	$4,452
Jul 2001	407	0	23.93	3.20	$9,740
Jun 2001	184	0	24.56	3.82	$4,519
May 2001	370	0	25.52	4.31	$9,442
Apr 2001	365	0	24.68	5.34	$9,008
Mar 2001	372	0	24.54	5.38	$9,129
Feb 2001	360	0	27.75	5.77	$9,990
Jan 2001	170	0	27.47	8.40	$4,670
Dec 2000	184	0	26.88	9.12	$4,946
Nov 2000	179	0	32.21	5.66	$5,766
Oct 2000	335	0	31.23	5.15	$10,462
Sep 2000	176	0	31.87	5.19	$5,609
Aug 2000	345	0	29.64	4.54	$10,226
Jul 2000	172	0	28.53	4.09	$4,907
Jun 2000	157	0	29.30	4.40	$4,600
May 2000	369	0	27.26	3.68	$10,059
Apr 2000	368	0	24.51	3.12	$9,020
Mar 2000	0	0	28.42	2.86	$0
Feb 2000	548	0	27.62	2.73	$15,136
Jan 2000	363	0	25.27	2.48	$9,173
Dec 1999	368	0	24.28	2.42	$8,935
Nov 1999	365	0	23.19	2.43	$8,464
Oct 1999	349	0	20.98	2.80	$7,322
Sep 1999	333	0	21.75	2.62	$7,243
Aug 1999	423	0	19.26	2.88	$8,147
Jul 1999	0	0	17.89	2.37	$0
Jun 1999	192	0	15.94	2.36	$3,060
May 1999	181	0	15.79	2.32	$2,858
Apr 1999	381	0	15.10	2.21	$5,753
Mar 1999	514	0	12.47	1.84	$6,410
Feb 1999	193	0	9.98	1.82	$1,926
Jan 1999	352	0	10.38	1.90	$3,654
Dec 1998	377	0	9.20	1.77	$3,468
Nov 1998	531	0	10.89	2.19	$5,783
Oct 1998	526	0	12.42	1.97	$6,533
Sep 1998	555	0	12.59	2.08	$6,987
Aug 1998	360	0	11.30	1.91	$4,068
Jul 1998	557	0	11.74	2.24	$6,539
Jun 1998	555	0	11.24	2.24	$6,238
May 1998	392	0	12.62	2.21	$4,947
Apr 1998	555	0	13.04	2.51	$7,237
Mar 1998	559	0	12.80	2.31	$7,155
Feb 1998	549	47	13.95	2.30	$7,767
Jan 1998	360	0	14.70	2.15	$5,292
Dec 1997	479	0	16.32	2.41	$7,817
Nov 1997	183	34	18.19	3.09	$3,434
Oct 1997	347	131	19.25	3.15	$7,092
Sep 1997	550	61	17.74	2.95	$9,937
Aug 1997	541	76	17.86	2.55	$9,856
Jul 1997	546	165	17.58	2.25	$9,969
Jun 1997	364	129	17.24	2.26	$6,567
May 1997	542	133	18.97	2.31	$10,589
Apr 1997	644	90	17.88	2.08	$11,702
Mar 1997	538	115	18.95	1.94	$10,418
Feb 1997	360	118	20.49	2.21	$7,637
Jan 1997	565	52	23.48	3.54	$13,450
Dec 1996	739	107	23.32	—	$17,233
Nov 1996	380	86	21.97	—	$8,349
Oct 1996	584	47	23.31	—	$13,613
Sep 1996	605	54	22.22	—	$13,443
Aug 1996	579	91	20.26	—	$11,731
Jul 1996	767	65	19.55	—	$14,995
Jun 1996	297	95	18.73	—	$5,563
May 1996	573	76	19.43	—	$11,133
Apr 1996	550	52	21.51	—	$11,831
Mar 1996	516	93	19.38	—	$10,000
Feb 1996	545	96	16.98	—	$9,254
Jan 1996	173	91	17.07	—	$2,953
Dec 1995	638	64	17.19	—	$10,967
Nov 1995	756	34	16.00	—	$12,096
Oct 1995	585	38	15.43	—	$9,027
Sep 1995	572	55	16.18	—	$9,255
Aug 1995	748	52	15.92	—	$11,908
Jul 1995	582	46	15.24	—	$8,870
Jun 1995	548	41	16.41	—	$8,993
May 1995	608	135	17.56	—	$10,676
Apr 1995	773	66	17.73	—	$13,705
Mar 1995	549	178	16.44	—	$9,026
Feb 1995	722	168	16.58	—	$11,971
Jan 1995	729	85	15.92	—	$11,606
Dec 1994	364	8	15.03	—	$5,471
Nov 1994	700	39	15.90	—	$11,130
Oct 1994	713	150	15.58	—	$11,109
Sep 1994	359	85	15.29	—	$5,489
Aug 1994	698	175	16.13	—	$11,259
Jul 1994	670	176	17.56	—	$11,765
Jun 1994	669	125	17.09	—	$11,433
May 1994	673	130	15.88	—	$10,687
Apr 1994	719	124	14.14	—	$10,167
Mar 1994	684	166	12.46	—	$8,523
Feb 1994	668	151	12.50	—	$8,350
Jan 1994	757	214	12.66	—	$9,584
Dec 1993	743	195	12.33	—	$9,161
Nov 1993	777	154	14.49	—	$11,259
Oct 1993	690	147	15.85	—	$10,937
Sep 1993	767	156	15.03	—	$11,528
Aug 1993	779	174	15.66	—	$12,199
Jul 1993	799	191	15.46	—	$12,353
Jun 1993	790	137	16.79	—	$13,264
May 1993	832	186	17.68	—	$14,710
Apr 1993	683	171	18.05	—	$12,328
Mar 1993	623	158	18.14	—	$11,301
Feb 1993	260	109	17.90	—	$4,654
Jan 1993	380	121	16.93	—	$6,433

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.

Jun 2005 — as filed, then multipliedworked

Oil                  231 bbl  × $ 52.33 =    $12,088
Casinghead gas         0 Mcf  × $  7.38 =         $0

────────────────────────────────────────────────────
Month total                                  $12,088

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/19383 is the state's own key, not one this site invented.