SELECTED LANDS UNIT #2

Name: SELECTED LANDS UNIT #2 lease production and value, Oct 1995 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by EVOLUTION OPERATING CO., INC. (P-5 256681) in the IOLA (GEORGETOWN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 22852District 03Field 44640275OilCasinghead gasSave Export

Value, all time

$4.1 M

Oct 1995 – Sep 2017

Value, last 12 filed months

$8 k

at the published price for each month

Months reported

264

no gaps in the span

Streams

oil, casinghead gas

The IOLA (GEORGETOWN) 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 69 leases and 70 wells, and the rule below applies to all of them.

Discovered

1980-09-14

as the register files it

Field class

Oil and gas

the register's own label

Between wells

1,867 ft

minimum

From a lease line

933 ft

minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 1998-06-30.

The Commission's schedule remark for this field reads: “PER DOCKET 3-0219357 EFF 6-30-98, RULES MADE PERMANENT.”

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	163,984 bbl	$3,780,313
Casinghead gas	Production	566,150 Mcf	$330,751
Total			$4,111,064

436,158 Mcf of this lease's gas, across 14 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 30.7458, -96.1456. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.74584, -96.14555 · 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%

1 of 1 wells

With a plug date

100.0%

1 of 1 wells

Median depth

14,298 ft

1 wells filed one

Completion to plug

21.3 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 14,298 ft.

Completions filed

Oct 1995

1 of 1 wells

Plug dates filed

Feb 2017

1 of 1 wells

Last completion to plug: a median of 21.3 years across the 1 well that filed both dates, with the middle half between 21.3 years and 21.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-18530538	1	14,298 ft	Oct 1995	Feb 2017	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 (264)

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

264 months


Sep 2017	0	0	47.52	3.09	$0
Aug 2017	0	0	45.37	3.00	$0
Jul 2017	0	0	43.87	3.09	$0
Jun 2017	0	0	42.49	3.09	$0
May 2017	0	0	45.37	3.26	$0
Apr 2017	0	0	47.93	3.21	$0
Mar 2017	0	0	46.77	2.98	$0
Feb 2017	159	0	50.45	2.95	$8,022
Jan 2017	0	0	49.41	3.42	$0
Dec 2016	0	0	48.76	3.72	$0
Nov 2016	0	0	42.49	2.64	$0
Oct 2016	0	0	46.19	3.09	$0
Sep 2016	0	0	41.55	3.10	$0
Aug 2016	0	0	41.44	2.92	$0
Jul 2016	2	0	41.62	2.92	$83
Jun 2016	180	0	45.35	2.69	$8,163
May 2016	161	0	42.52	1.99	$6,846
Apr 2016	6	0	36.56	1.99	$219
Mar 2016	186	0	33.01	1.79	$6,140
Feb 2016	7	0	26.47	2.06	$185
Jan 2016	175	0	27.35	2.36	$4,786
Dec 2015	6	0	32.36	2.00	$194
Nov 2015	163	0	38.79	2.17	$6,323
Oct 2015	5	0	43.55	2.43	$218
Sep 2015	191	0	42.99	2.76	$8,211
Aug 2015	190	0	40.16	2.87	$7,630
Jul 2015	192	0	48.15	2.95	$9,245
Jun 2015	15	0	56.15	2.88	$842
May 2015	193	0	55.21	2.96	$10,656
Apr 2015	383	0	49.82	2.71	$19,081
Mar 2015	195	0	42.89	2.93	$8,364
Feb 2015	0	0	44.66	2.98	$0
Jan 2015	0	0	43.43	3.10	$0
Dec 2014	0	0	54.69	3.59	$0
Nov 2014	199	0	70.46	4.25	$14,022
Oct 2014	198	0	78.30	3.90	$15,503
Sep 2014	378	0	86.16	4.05	$32,568
Aug 2014	3	0	89.39	4.04	$268
Jul 2014	369	0	96.56	4.18	$35,631
Jun 2014	6	0	98.16	4.74	$589
May 2014	180	0	94.73	4.73	$17,051
Apr 2014	186	0	95.94	4.81	$17,845
Mar 2014	369	0	95.89	5.06	$35,383
Feb 2014	176	0	97.40	6.19	$17,142
Jan 2014	194	0	90.40	4.86	$17,538
Dec 2013	361	0	91.82	4.35	$33,147
Nov 2013	175	0	88.85	3.74	$15,549
Oct 2013	369	0	97.42	3.78	$35,948
Sep 2013	322	0	104.11	3.72	$33,523
Aug 2013	183	0	104.25	3.52	$19,078
Jul 2013	346	0	102.52	3.72	$35,472
Jun 2013	172	0	94.40	3.93	$16,237
May 2013	354	0	94.83	4.15	$33,570
Apr 2013	180	0	93.96	4.28	$16,913
Mar 2013	533	0	93.62	3.91	$49,899
Feb 2013	362	0	91.23	3.42	$33,025
Jan 2013	198	0	91.60	3.42	$18,137
Dec 2012	207	0	86.77	3.42	$17,961
Nov 2012	189	0	86.95	3.62	$16,434
Oct 2012	223	0	89.38	3.40	$19,932
Sep 2012	202	0	94.67	2.92	$19,123
Aug 2012	357	0	92.66	2.91	$33,080
Jul 2012	360	0	85.13	3.02	$30,647
Jun 2012	364	0	79.82	2.52	$29,054
May 2012	194	0	91.61	2.49	$17,772
Apr 2012	22	0	101.65	2.00	$2,236
Mar 2012	201	0	105.05	2.22	$21,115
Feb 2012	24	0	101.10	2.57	$2,426
Jan 2012	0	0	98.09	2.73	$0
Dec 2011	0	0	96.87	3.24	$0
Nov 2011	0	0	95.72	3.31	$0
Oct 2011	36	0	84.98	3.65	$3,059
Sep 2011	0	0	83.62	3.99	$0
Aug 2011	0	0	83.40	4.15	$0
Jul 2011	153	0	94.14	4.52	$14,403
Jun 2011	0	0	92.90	4.64	$0
May 2011	0	0	98.13	4.40	$0
Apr 2011	0	0	105.96	4.33	$0
Mar 2011	0	0	96.36	4.06	$0
Feb 2011	0	0	85.64	4.18	$0
Jan 2011	0	0	86.50	4.59	$0
Dec 2010	0	0	85.73	4.35	$0
Nov 2010	0	0	80.84	3.80	$0
Oct 2010	0	0	78.10	3.51	$0
Sep 2010	0	0	72.63	3.98	$0
Aug 2010	0	0	73.68	4.42	$0
Jul 2010	0	0	72.55	4.74	$0
Jun 2010	0	0	70.36	4.91	$0
May 2010	0	0	71.12	4.24	$0
Apr 2010	0	0	81.69	4.12	$0
Mar 2010	0	0	78.39	4.39	$0
Feb 2010	0	0	73.58	5.44	$0
Jan 2010	0	0	74.36	5.96	$0
Dec 2009	0	0	71.44	5.48	$0
Nov 2009	0	0	74.59	3.75	$0
Oct 2009	0	0	72.54	4.11	$0
Sep 2009	0	0	65.54	3.06	$0
Aug 2009	0	0	67.42	3.22	$0
Jul 2009	0	0	61.13	3.46	$0
Jun 2009	173	0	66.16	3.90	$11,446
May 2009	0	0	54.74	3.93	$0
Apr 2009	0	0	46.77	3.59	$0
Mar 2009	0	0	42.14	4.06	$0
Feb 2009	0	0	32.81	4.63	$0
Jan 2009	0	0	35.86	5.37	$0
Dec 2008	0	0	37.10	5.98	$0
Nov 2008	0	0	55.49	6.86	$0
Oct 2008	0	0	75.24	6.92	$0
Sep 2008	0	0	101.76	7.88	$0
Aug 2008	0	0	114.22	8.48	$0
Jul 2008	0	0	131.08	11.39	$0
Jun 2008	0	0	131.33	13.03	$0
May 2008	0	0	123.17	11.57	$0
Apr 2008	180	0	110.31	10.45	$19,856
Mar 2008	0	0	101.90	9.66	$0
Feb 2008	0	0	92.53	8.77	$0
Jan 2008	0	0	90.38	8.21	$0
Dec 2007	0	0	88.33	7.30	$0
Nov 2007	0	0	91.67	7.29	$0
Oct 2007	0	0	82.85	6.92	$0
Sep 2007	0	0	75.84	6.24	$0
Aug 2007	0	0	69.06	6.39	$0
Jul 2007	0	0	70.90	6.39	$0
Jun 2007	154	0	62.00	7.55	$9,548
May 2007	0	0	58.74	7.85	$0
Apr 2007	0	0	59.61	7.81	$0
Mar 2007	0	0	56.92	7.30	$0
Feb 2007	0	0	55.10	8.22	$0
Jan 2007	0	0	50.30	6.73	$0
Dec 2006	0	0	56.65	6.92	$0
Nov 2006	0	0	54.20	7.62	$0
Oct 2006	0	0	54.90	6.01	$0
Sep 2006	0	0	60.08	5.04	$0
Aug 2006	0	0	68.71	7.34	$0
Jul 2006	0	0	69.37	6.34	$0
Jun 2006	0	0	66.28	6.38	$0
May 2006	0	0	66.01	6.42	$0
Apr 2006	179	0	64.39	7.36	$11,526
Mar 2006	0	0	56.70	7.08	$0
Feb 2006	0	0	57.59	7.75	$0
Jan 2006	0	0	60.59	8.93	$0
Dec 2005	181	0	54.94	13.42	$9,944
Nov 2005	0	0	54.69	10.59	$0
Oct 2005	0	0	58.34	13.80	$0
Sep 2005	183	0	61.45	12.08	$11,245
Aug 2005	0	0	61.51	9.80	$0
Jul 2005	0	0	55.69	7.84	$0
Jun 2005	185	0	52.33	7.38	$9,681
May 2005	1	0	45.22	6.65	$45
Apr 2005	0	0	49.20	7.36	$0
Mar 2005	178	0	50.37	7.15	$8,966
Feb 2005	0	0	45.22	6.31	$0
Jan 2005	1	160	43.16	6.32	$1,055
Dec 2004	0	87	39.86	6.75	$587
Nov 2004	182	142	45.28	6.33	$9,140
Oct 2004	8	322	49.70	6.52	$2,495
Sep 2004	0	119	43.24	5.28	$629
Aug 2004	180	214	42.37	5.55	$8,814
Jul 2004	175	24	38.28	6.08	$6,845
Jun 2004	1	16	36.10	6.43	$139
May 2004	3	31	37.48	6.49	$314
Apr 2004	17	110	34.47	5.86	$1,230
Mar 2004	183	144	34.36	5.53	$7,084
Feb 2004	179	277	32.45	5.51	$7,335
Jan 2004	361	239	32.03	6.30	$13,068
Dec 2003	0	440	30.26	6.30	$2,773
Nov 2003	0	197	28.80	4.60	$905
Oct 2003	761	815	28.17	4.76	$25,316
Sep 2003	583	631	26.31	4.75	$18,336
Aug 2003	192	72	29.76	5.13	$6,083
Jul 2003	188	415	29.41	5.17	$7,675
Jun 2003	193	0	28.56	5.98	$5,512
May 2003	371	0	26.59	5.97	$9,865
Apr 2003	3	0	26.67	5.41	$80
Mar 2003	0	0	31.14	6.10	$0
Feb 2003	0	769	33.48	7.93	$6,095
Jan 2003	0	0	30.31	5.58	$0
Dec 2002	0	0	26.91	4.85	$0
Nov 2002	170	0	24.66	4.14	$4,192
Oct 2002	0	0	26.46	4.23	$0
Sep 2002	0	0	27.44	3.64	$0
Aug 2002	0	0	25.96	3.16	$0
Jul 2002	0	0	24.58	3.06	$0
Jun 2002	175	0	23.73	3.34	$4,153
May 2002	0	0	24.66	3.58	$0
Apr 2002	0	0	23.65	3.51	$0
Mar 2002	0	0	22.00	3.10	$0
Feb 2002	0	4	18.22	2.38	$10
Jan 2002	3	0	17.17	2.38	$52
Dec 2001	193	0	16.93	2.36	$3,267
Nov 2001	0	0	18.07	2.41	$0
Oct 2001	0	4	19.78	2.53	$10
Sep 2001	0	0	24.26	2.25	$0
Aug 2001	0	0	24.87	3.05	$0
Jul 2001	3	0	23.93	3.20	$72
Jun 2001	0	0	24.56	3.82	$0
May 2001	192	0	25.52	4.31	$4,900
Apr 2001	173	0	24.68	5.34	$4,270
Mar 2001	187	0	24.54	5.38	$4,589
Feb 2001	198	0	27.75	5.77	$5,495
Jan 2001	187	0	27.47	8.40	$5,137
Dec 2000	190	0	26.88	9.12	$5,107
Nov 2000	192	52	32.21	5.66	$6,479
Oct 2000	187	66	31.23	5.15	$6,180
Sep 2000	349	164	31.87	5.19	$11,973
Aug 2000	531	728	29.64	4.54	$19,045
Jul 2000	736	1,144	28.53	4.09	$25,677
Jun 2000	735	733	29.30	4.40	$24,759
May 2000	367	590	27.26	3.68	$12,175
Apr 2000	720	689	24.51	3.12	$19,794
Mar 2000	186	324	28.42	2.86	$6,213
Feb 2000	370	1,121	27.62	2.73	$13,276
Jan 2000	538	751	25.27	2.48	$15,458
Dec 1999	520	1,211	24.28	2.42	$15,561
Nov 1999	526	1,146	23.19	2.43	$14,987
Oct 1999	378	1,419	20.98	2.80	$11,909
Sep 1999	540	1,736	21.75	2.62	$16,291
Aug 1999	545	1,538	19.26	2.88	$14,919
Jul 1999	733	2,360	17.89	2.37	$18,712
Jun 1999	373	1,735	15.94	2.36	$10,044
May 1999	557	2,612	15.79	2.32	$14,858
Apr 1999	1,110	2,079	15.10	2.21	$21,352
Mar 1999	188	1,851	12.47	1.84	$5,747
Feb 1999	740	2,509	9.98	1.82	$11,946
Jan 1999	733	2,068	10.38	1.90	$11,538
Dec 1998	1,282	2,112	9.20	1.77	$15,540
Nov 1998	1,110	3,791	10.89	2.19	$20,374
Oct 1998	1,506	5,925	12.42	1.97	$30,372
Sep 1998	1,282	4,113	12.59	2.08	$24,706
Aug 1998	913	3,501	11.30	1.91	$16,995
Jul 1998	1,590	3,293	11.74	2.24	$26,034
Jun 1998	506	2,193	11.24	2.24	$10,594
May 1998	1,111	3,717	12.62	2.21	$22,222
Apr 1998	912	1,600	13.04	2.51	$15,901
Mar 1998	875	2,048	12.80	2.31	$15,930
Feb 1998	732	1,697	13.95	2.30	$14,113
Jan 1998	1,325	1,592	14.70	2.15	$22,908
Dec 1997	1,123	2,292	16.32	2.41	$23,854
Nov 1997	1,471	2,735	18.19	3.09	$35,204
Oct 1997	1,042	956	19.25	3.15	$23,070
Sep 1997	1,635	5,621	17.74	2.95	$45,614
Aug 1997	728	4,416	17.86	2.55	$24,284
Jul 1997	1,966	5,075	17.58	2.25	$45,966
Jun 1997	1,443	6,348	17.24	2.26	$39,206
May 1997	1,829	6,158	18.97	2.31	$48,912
Apr 1997	1,848	6,566	17.88	2.08	$46,718
Mar 1997	2,346	6,896	18.95	1.94	$57,829
Feb 1997	2,241	6,480	20.49	2.21	$60,212
Jan 1997	2,609	7,009	23.48	3.54	$86,069
Dec 1996	2,600	9,842	23.32	—	$60,632
Nov 1996	2,526	12,838	21.97	—	$55,496
Oct 1996	3,195	14,908	23.31	—	$74,475
Sep 1996	2,739	15,074	22.22	—	$60,861
Aug 1996	3,489	18,404	20.26	—	$70,687
Jul 1996	4,108	22,200	19.55	—	$80,311
Jun 1996	4,275	21,136	18.73	—	$80,071
May 1996	5,952	26,534	19.43	—	$115,647
Apr 1996	6,294	30,694	21.51	—	$135,384
Mar 1996	7,968	40,411	19.38	—	$154,420
Feb 1996	9,115	52,560	16.98	—	$154,773
Jan 1996	13,884	64,400	17.07	—	$237,000
Dec 1995	15,913	61,172	17.19	—	$273,544
Nov 1995	14,384	45,985	16.00	—	$230,144
Oct 1995	4,843	0	15.43	—	$74,727

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 2017 — as filed, then multipliedworked

Oil                  159 bbl  × $ 50.45 =     $8,022
Casinghead gas         0 Mcf  × $  2.95 =         $0

────────────────────────────────────────────────────
Month total                                   $8,022

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/22852 is the state's own key, not one this site invented.