TAYLOR, E.R.

Operated by APACHE CORPORATION (P-5 27200) in the PIERCE JUNCTION field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 23428District 03Field 71444001Hydrogen sulphide fieldOilSaveExport
Value, all time
$271 k
Feb 1998 – Jan 2001
Value, last 12 filed months
$27 k
at the published price for each month
Months reported
36
no gaps in the span
Streams
1
oil

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 other leases, and the rule below applies to all of them.

Discovered
1921-12-31
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
0 ft
minimum

A drilling unit in this field needs at least 0 acres.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: THIS IS A PIERCEMENT TYPE SALT DOME.

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
OilDisposition19,459 bbl$270,571
Total$270,571

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 29.6474, -95.4035. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.64741, -95.40347 · 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
3,404 ft
1 wells filed one
Completion to plug
9.7 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 3,404 ft.

Completions filed
Feb 1998
1 of 1 wells
Plug dates filed
Oct 2007
1 of 1 wells

Last completion to plug: a median of 9.7 years across the 1 well that filed both dates, with the middle half between 9.7 years and 9.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-201325201063,404 ftFeb 1998Oct 2007Yes

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 (36)

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

36 months

Jan 2001027.478.40$0
Dec 2000026.889.12$0
Nov 2000032.215.66$0
Oct 2000031.235.15$0
Sep 2000031.875.19$0
Aug 2000029.644.54$0
Jul 2000028.534.09$0
Jun 200024529.304.40$7,179
May 200017627.263.68$4,798
Apr 200024424.513.12$5,980
Mar 2000028.422.86$0
Feb 200034427.622.73$9,501
Jan 200017225.272.48$4,346
Dec 199915124.282.42$3,666
Nov 199917123.192.43$3,965
Oct 199929720.982.80$6,231
Sep 199916821.752.62$3,654
Aug 199915219.262.88$2,928
Jul 199946217.892.37$8,265
Jun 199931615.942.36$5,037
May 199931115.792.32$4,911
Apr 199931015.102.21$4,681
Mar 199947112.471.84$5,873
Feb 19991669.981.82$1,657
Jan 199965810.381.90$6,830
Dec 19983029.201.77$2,778
Nov 199848110.892.19$5,238
Oct 199878312.421.97$9,725
Sep 199867512.592.08$8,498
Aug 199897511.301.91$11,018
Jul 199875911.742.24$8,911
Jun 19981,21311.242.24$13,634
May 19983,18212.622.21$40,157
Apr 19983,28913.042.51$42,889
Mar 19982,98612.802.31$38,221
Feb 1998013.952.30$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.

Jun 2000 — as filed, then multipliedworked
Oil                  245 bbl  × $ 29.30 =     $7,179

────────────────────────────────────────────────────
Month total                                   $7,179

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/23428 is the state's own key, not one this site invented.