NASH, WILLIAM

Operated by TORCH OPERATING COMPANY (P-5 862594) in the KURTEN (AUSTIN CHALK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 21701District 03Field 50424400OilCasinghead gasSaveExport
Value, all time
$27 k
Jan 1993 – Jul 1998
Value, last 12 filed months
$2 k
at the published price for each month
Months reported
67
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 106 leases and 110 wells, and the rule below applies to all of them.

Discovered
1979-09-15
as the register files it
Field class
Oil
the register's own label
Between wells
1,867 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 80 acres.

The Commission's schedule remark for this field reads: OPTIONAL: 80 ACRES DIAGONAL: 3250

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
OilDisposition1,602 bbl$25,859
Casinghead gasProduction2,754 Mcf$678
Total$26,537

2,489 Mcf of this lease's gas, across 47 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 30.6247, -96.4014. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.62473, -96.40141 · 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
9,850 ft
1 wells filed one
Completion to plug
6.0 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 9,850 ft.

Completions filed
May 1992
1 of 1 wells
Plug dates filed
May 1998
1 of 1 wells

Last completion to plug: a median of 6.0 years across the 1 well that filed both dates, with the middle half between 6.0 years and 6.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-0413069619,850 ftMay 1992May 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 (67)

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

67 months

Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 1998170012.622.21$2,145
Apr 19980013.042.51$0
Mar 19980012.802.31$0
Feb 19980013.952.30$0
Jan 199802014.702.15$43
Dec 199701016.322.41$24
Nov 199702018.193.09$62
Oct 199703019.253.15$94
Sep 199701017.742.95$30
Aug 199702517.862.55$64
Jul 199702517.582.25$56
Jun 199702017.242.26$45
May 199702518.972.31$58
Apr 19971821017.882.08$3,275
Mar 199702518.951.94$48
Feb 199702020.492.21$44
Jan 199702523.483.54$88
Dec 199601023.32$0
Nov 199601521.97$0
Oct 199601523.31$0
Sep 19960022.22$0
Aug 199602520.26$0
Jul 199603519.55$0
Jun 199604518.73$0
May 199603519.43$0
Apr 199602021.51$0
Mar 19961753019.38$3,392
Feb 199602016.98$0
Jan 199602517.07$0
Dec 199501017.19$0
Nov 199502516.00$0
Oct 199501015.43$0
Sep 199502516.18$0
Aug 199503015.92$0
Jul 199502515.24$0
Jun 19951842516.41$3,019
May 199501517.56$0
Apr 199502017.73$0
Mar 199504016.44$0
Feb 199501516.58$0
Jan 199516015.92$16
Dec 199415015.03$15
Nov 199404515.90$0
Oct 199406515.58$0
Sep 19941838515.29$2,798
Aug 199408516.13$0
Jul 199407517.56$0
Jun 199407017.09$0
May 199406015.88$0
Apr 199406014.14$0
Mar 199405012.46$0
Feb 19941815012.50$2,263
Jan 199408012.66$0
Dec 199304512.33$0
Nov 199305014.49$0
Oct 199309015.85$0
Sep 199301515.03$0
Aug 19931616915.66$2,521
Jul 199305015.46$0
Jun 1993013916.79$0
May 199336419317.68$6,436
Apr 199305318.05$0
Mar 1993011118.14$0
Feb 1993011617.90$0
Jan 1993020816.93$0

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.

May 1998 — as filed, then multipliedworked
Oil                  170 bbl  × $ 12.62 =     $2,145
Casinghead gas         0 Mcf  × $  2.21 =         $0

────────────────────────────────────────────────────
Month total                                   $2,145

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/21701 is the state's own key, not one this site invented.