JOSEY, L. M. "B"

Operated by JOY RESOURCES, INC. (P-5 447952) in the CYPRESS (Y-2) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 23957District 03Field 22442525OilCasinghead gasSaveExport
Value, all time
$164 k
Feb 2001 – Jan 2005
Value, last 12 filed months
$2 k
at the published price for each month
Months reported
48
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 8 leases and 8 wells, and the rule below applies to all of them.

Discovered
1978-11-01
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

The Commission's schedule remark for this field reads: ONE WELL FIELD EFF 1-1-96

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
OilDisposition3,566 bbl$84,194
Casinghead gasProduction24,477 Mcf$80,043
Total$164,237

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 29.9506, -95.7203. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.95060, -95.72034 · 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
7,411 ft
1 wells filed one
Completion to plug
5.1 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 7,411 ft.

Completions filed
Oct 1999
1 of 1 wells
Plug dates filed
Nov 2004
1 of 1 wells

Last completion to plug: a median of 5.1 years across the 1 well that filed both dates, with the middle half between 5.1 years and 5.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2013240467,411 ftOct 1999Nov 2004Yes

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 (48)

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

48 months

Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 200448045.286.33$2,173
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
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 200250026.914.85$1,346
Nov 2002021124.664.14$873
Oct 2002035826.464.23$1,514
Sep 2002026427.443.64$960
Aug 20021691,01025.963.16$7,583
Jul 200224979724.583.06$8,561
Jun 20028291723.733.34$5,007
May 20021041,16024.663.58$6,722
Apr 2002083023.653.51$2,915
Mar 2002118022.003.10$2,596
Feb 20021391,95718.222.38$7,182
Jan 20021361,46017.172.38$5,804
Dec 20011301,41516.932.36$5,547
Nov 20011621,72418.072.41$7,074
Oct 200111596019.782.53$4,702
Sep 20014521,86524.262.25$15,164
Aug 20013172,11424.873.05$14,338
Jul 20013131,87623.933.20$13,488
Jun 20012511,09224.563.82$10,341
May 20013491,82925.524.31$16,785
Apr 20014092124.685.34$5,901
Mar 20013421,61824.545.38$17,092
Feb 200109927.755.77$571

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.

Nov 2004 — as filed, then multipliedworked
Oil                   48 bbl  × $ 45.28 =     $2,173
Casinghead gas         0 Mcf  × $  6.33 =         $0

────────────────────────────────────────────────────
Month total                                   $2,173

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/23957 is the state's own key, not one this site invented.