JOSEY "B"

Operated by JOY RESOURCES, INC. (P-5 447952) in the CYPRESS (Y-4) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 24055District 03Field 22442550OilCasinghead gasSaveExport
Value, all time
$793 k
Mar 2001 – Dec 2005
Value, last 12 filed months
$125 k
at the published price for each month
Months reported
58
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 4 leases and 4 wells, and the rule below applies to all of them.

Discovered
1978-11-10
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: ALLOCATION FORMULA EFF. 2-1-80 PER AMENDMENT TO SWR 28 & 29

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
OilDisposition15,579 bbl$480,875
Casinghead gasProduction63,423 Mcf$312,122
Total$792,996

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 29.9551, -95.7196. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.95515, -95.71956 · 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
7,500 ft
1 wells filed one
Completion to plug
16.1 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 7,500 ft.

Completions filed
Sep 2005
1 of 1 wells
Plug dates filed
Oct 2021
1 of 1 wells

Last completion to plug: a median of 16.1 years across the 1 well that filed both dates, with the middle half between 16.1 years and 16.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2013230957,500 ftSep 2005Oct 2021Yes

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 (58)

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

58 months

Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 200562058.3413.80$3,617
Sep 20051873,26361.4512.08$50,905
Aug 200517429061.519.80$13,544
Jul 200517428455.697.84$11,918
Jun 200507252.337.38$531
May 200517713445.226.65$8,895
Apr 200517321349.207.36$10,079
Mar 20051737550.377.15$9,251
Feb 200517524045.226.31$9,428
Jan 2005162043.166.32$6,992
Dec 200434735739.866.75$16,242
Nov 200415534545.286.33$9,202
Oct 200434315649.706.52$18,063
Sep 2004350043.245.28$15,134
Aug 200434428642.375.55$16,163
Jul 200434750238.286.08$16,337
Jun 20040236.106.43$13
May 200449522637.486.49$20,020
Apr 200416415634.475.86$6,567
Mar 2004156034.365.53$5,360
Feb 20040032.455.51$0
Jan 200416210632.036.30$5,857
Dec 2003173730.266.30$5,279
Nov 20030028.804.60$0
Oct 2003337028.174.76$9,493
Sep 2003180026.314.75$4,736
Aug 200335250829.765.13$13,081
Jul 20034934,63229.415.17$38,450
Jun 20034864,87928.565.98$43,071
May 20038053,74326.595.97$43,761
Apr 20033671,58826.675.41$18,375
Mar 200304931.146.10$299
Feb 200304833.487.93$380
Jan 20031867630.315.58$6,062
Dec 20025829026.914.85$16,098
Nov 200252243424.664.14$14,668
Oct 200245548026.464.23$14,069
Sep 200245149527.443.64$14,175
Aug 200243165225.963.16$13,252
Jul 200276688124.583.06$21,526
Jun 200258861623.733.34$16,010
May 20027441,16524.663.58$22,522
Apr 20023001,39023.653.51$11,977
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20024110217.172.38$946
Dec 20011672,02516.932.36$7,615
Nov 20011802,71218.072.41$9,776
Oct 20016234519.782.53$2,099
Sep 20012044,00124.262.25$13,957
Aug 20013173,70724.873.05$19,202
Jul 20012952,17923.933.20$14,026
Jun 20013381,72724.563.82$14,906
May 20015333,84325.524.31$30,155
Apr 200167111,57824.685.34$78,333
Mar 20012332,76424.545.38$20,578

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.

Oct 2005 — as filed, then multipliedworked
Oil                   62 bbl  × $ 58.34 =     $3,617
Casinghead gas         0 Mcf  × $ 13.80 =         $0

────────────────────────────────────────────────────
Month total                                   $3,617

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/24055 is the state's own key, not one this site invented.