BACA A86-#1H

Operated by D.J. OILFIELD SALVAGE INC. (P-5 196197) in the GIDDINGS (AUSTIN CHALK-3) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 21480District 03Field 34733500OilCasinghead gasSave
Value, all time
$392 k
Jan 1993 – Aug 1998
Value, last 12 filed months
$6 k
at the published price for each month
Months reported
68
no gaps in the span
Streams
2
oil, casinghead gas

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
OilDisposition25,600 bbl$391,890
Casinghead gasProduction75,269 Mcf$0
Total$391,890

75,269 Mcf of this lease's gas, across 34 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 29.9603, -96.9125. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.96030, -96.91254 · 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
11,716 ft
1 wells filed one
Completion to plug
4.8 years
median over 1 wells

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 11,716 ft.

Completions filed
Sep 1993
1 of 1 wells
Plug dates filed
Jun 1998
1 of 1 wells

Last completion to plug: a median of 4.8 years across the 1 well that filed both dates, with the middle half between 4.8 years and 4.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-14932497111,716 ftSep 1993Jun 1998Yes

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 (68)

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

68 months

Aug 19980011.301.91$0
Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 19980013.042.51$0
Mar 19980012.802.31$0
Feb 1998434013.952.30$6,054
Jan 19980014.702.15$0
Dec 19970016.322.41$0
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 19960021.97$0
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 199617631121.51$3,786
Mar 199619677819.38$3,798
Feb 1996052316.98$0
Jan 199616335117.07$2,782
Dec 199519380217.19$3,318
Nov 199519581816.00$3,120
Oct 199519755515.43$3,040
Sep 199519736616.18$3,187
Aug 199517747115.92$2,818
Jul 199552385615.24$7,971
Jun 19955351,34916.41$8,779
May 19959102,07417.56$15,980
Apr 19957292,28117.73$12,925
Mar 19957452,84316.44$12,248
Feb 19959232,31316.58$15,303
Jan 19959532,63215.92$15,172
Dec 19947611,72615.03$11,438
Nov 199437153915.90$5,899
Oct 199420175415.58$3,132
Sep 1994153015.29$2,339
Aug 199432791116.13$5,275
Jul 19949092,46917.56$15,962
Jun 19949142,46017.09$15,620
May 19941,0222,35415.88$16,229
Apr 19941,3332,64914.14$18,849
Mar 19948893,90512.46$11,077
Feb 19949023,87412.50$11,275
Jan 19941,7694,58512.66$22,396
Dec 19931,2754,69712.33$15,721
Nov 19931,1134,55114.49$16,127
Oct 19932,1556,83915.85$34,157
Sep 19933,0879,22115.03$46,398
Aug 19932592,43615.66$4,056
Jul 19930015.46$0
Jun 19930016.79$0
May 19930017.68$0
Apr 19930018.05$0
Mar 19930018.14$0
Feb 19931921,09917.90$3,437
Jan 199372287716.93$12,223

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.

Feb 1998 — as filed, then multipliedworked
Oil                  434 bbl  × $ 13.95 =     $6,054
Casinghead gas         0 Mcf  × $  2.30 =         $0

────────────────────────────────────────────────────
Month total                                   $6,054

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/21480 is the state's own key, not one this site invented.