LITTLE UNIT

Operated by 7711 CORPORATION, THE (P-5 954998) in the KURTEN (BUDA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 24269District 03Field 50424500OilCasinghead gasSaveExport
Value, all time
$697 k
Sep 2002 – Nov 2005
Value, last 12 filed months
$128
at the published price for each month
Months reported
39
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 456 leases and 533 wells, and the rule below applies to all of them.

Discovered
1976-12-02
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2015-03-24.

The Commission's schedule remark for this field reads: ALLOCATION FORMULA SET TO 100 % ACRES.

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
OilDisposition17,893 bbl$507,178
Casinghead gasProduction37,422 Mcf$189,678
Total$696,856

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 30.6890, -96.4340. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.68903, -96.43400 · 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
11,948 ft
1 wells filed one
Completion to plug
2.0 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 11,948 ft.

Completions filed
Apr 2003
1 of 1 wells
Plug dates filed
Apr 2005
1 of 1 wells

Last completion to plug: a median of 2.0 years across the 1 well that filed both dates, with the middle half between 2.0 years and 2.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-04131648111,948 ftApr 2003Apr 2005Yes

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 (39)

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

39 months

Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 200401939.866.75$128
Nov 200408745.286.33$551
Oct 20041639149.706.52$8,694
Sep 2004059643.245.28$3,149
Aug 200417156742.375.55$10,392
Jul 200416875738.286.08$11,037
Jun 200416585336.106.43$11,444
May 200432883537.486.49$17,716
Apr 20041811,04334.475.86$12,349
Mar 20043461,76934.365.53$21,671
Feb 20041,04687132.455.51$38,742
Jan 20040032.036.30$0
Dec 2003112230.266.30$799
Nov 2003070128.804.60$3,221
Oct 200351,08828.174.76$5,319
Sep 200319481526.314.75$8,975
Aug 20033771,20429.765.13$17,396
Jul 20035453,02629.415.17$31,675
Jun 20035773,37728.565.98$36,684
May 20031,1114,41726.595.97$55,923
Apr 20031,3203,70126.675.41$55,217
Mar 20036031.146.10$187
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 2002753026.914.85$20,263
Nov 20021,1411,47524.664.14$34,239
Oct 20022,3573,29626.464.23$76,305
Sep 20026,9386,71227.443.64$214,778

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.

Dec 2004 — as filed, then multipliedworked
Oil                    0 bbl  × $ 39.86 =         $0
Casinghead gas        19 Mcf  × $  6.75 =       $128

────────────────────────────────────────────────────
Month total                                     $128

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/24269 is the state's own key, not one this site invented.