ALBERT II-1

Operated by LONE OAK ENERGY INC (P-5 506578) in the SUBLIME, N. (9850) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 23693District 03Field 86866800OilCasinghead gasSaveExport
Value, all time
$861 k
May 1999 – Sep 2004
Value, last 12 filed months
$5 k
at the published price for each month
Months reported
65
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 5 leases and 5 wells, and the rule below applies to all of them.

Discovered
1980-03-07
as the register files it
Field class
Oil and gas
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.

StreamBasisVolumeValue
OilDisposition8,826 bbl$211,035
Casinghead gasProduction167,643 Mcf$650,452
Total$861,487

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 29.5127, -96.7139. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.51271, -96.71387 · 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
10,613 ft
1 wells filed one
Completion to plug
25.7 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 10,613 ft.

Completions filed
May 1999
1 of 1 wells
Plug dates filed
Jan 2025
1 of 1 wells

Last completion to plug: a median of 25.7 years across the 1 well that filed both dates, with the middle half between 25.7 years and 25.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-08931930110,613 ftMay 1999Jan 2025Yes

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 (65)

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

65 months

Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 2004139037.486.49$5,210
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 2002034324.664.14$1,419
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 2002344025.963.16$8,930
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 2002175023.653.51$4,139
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 2001165018.072.41$2,982
Oct 200136229119.782.53$7,896
Sep 20011785,69724.262.25$17,144
Aug 20013556,29624.873.05$28,052
Jul 20017136,79423.933.20$38,783
Jun 200104,62524.563.82$17,687
May 20015316,02425.524.31$39,498
Apr 20013566,24124.685.34$42,084
Mar 20015307,03424.545.38$50,824
Feb 20015485,73827.755.77$48,299
Jan 20013765,32627.478.40$55,061
Dec 20005457,42326.889.12$82,366
Nov 200003,50732.215.66$19,843
Oct 200001,17031.235.15$6,020
Sep 20001714,09431.875.19$26,683
Aug 200002,91929.644.54$13,254
Jul 200002,47228.534.09$10,110
Jun 20002837,72529.304.40$42,261
May 200007,97727.263.68$29,353
Apr 20001798,16524.513.12$29,829
Mar 20002618,56928.422.86$31,923
Feb 20001728,30727.622.73$27,400
Jan 20003778,40525.272.48$30,375
Dec 199907,44524.282.42$18,045
Nov 19991826,04723.192.43$18,939
Oct 1999233,30320.982.80$9,743
Sep 199901,75521.752.62$4,596
Aug 19993877,38519.262.88$28,690
Jul 19997188,79917.892.37$33,720
Jun 19997566,15015.942.36$26,578
May 199901,61715.792.32$3,753

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 2004 — as filed, then multipliedworked
Oil                  139 bbl  × $ 37.48 =     $5,210
Casinghead gas         0 Mcf  × $  6.49 =         $0

────────────────────────────────────────────────────
Month total                                   $5,210

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/23693 is the state's own key, not one this site invented.