KRESTA

Name: KRESTA lease production and value, Feb 2005 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by CML EXPLORATION, LLC (P-5 120648) in the SHANGHAI (D-3 HENRY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 24723District 03Field 82654353OilCasinghead gasSave Export

Value, all time

$4.5 M

Feb 2005 – Aug 2018

Value, last 12 filed months

$86 k

at the published price for each month

Months reported

163

no gaps in the span

Streams

oil, casinghead gas

The SHANGHAI (D-3 HENRY) field

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 3 leases and 3 wells, and the rule below applies to all of them.

Discovered

1994-01-19

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.

Stream	Basis	Volume	Value
Oil	Disposition	31,481 bbl	$2,223,209
Casinghead gas	Production	502,831 Mcf	$2,325,894
Total			$4,549,103

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 29.2895, -96.1686. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.28950, -96.16862 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

9,436 ft

1 wells filed one

Completion to plug

15.4 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 9,436 ft.

Completions filed

Feb 2005

1 of 1 wells

Plug dates filed

Jul 2020

1 of 1 wells

Last completion to plug: a median of 15.4 years across the 1 well that filed both dates, with the middle half between 15.4 years and 15.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-48134546	1	9,436 ft	Feb 2005	Jul 2020	Yes

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 (163)

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

163 months


Aug 2018	0	0	59.40	3.07	$0
Jul 2018	0	0	65.14	2.93	$0
Jun 2018	0	0	60.18	3.08	$0
May 2018	0	0	65.38	2.90	$0
Apr 2018	0	0	63.84	2.90	$0
Mar 2018	0	0	61.22	2.79	$0
Feb 2018	0	0	61.78	2.77	$0
Jan 2018	0	0	62.87	4.01	$0
Dec 2017	0	1,946	57.27	2.92	$5,685
Nov 2017	0	8,944	55.42	3.12	$27,891
Oct 2017	0	10,915	49.29	2.98	$32,567
Sep 2017	0	6,563	47.52	3.09	$20,262
Aug 2017	0	7,563	45.37	3.00	$22,722
Jul 2017	0	10,852	43.87	3.09	$33,503
Jun 2017	0	10,593	42.49	3.09	$32,704
May 2017	0	12,191	45.37	3.26	$39,784
Apr 2017	0	7,586	47.93	3.21	$24,363
Mar 2017	0	6,765	46.77	2.98	$20,185
Feb 2017	0	6,896	50.45	2.95	$20,361
Jan 2017	0	6,442	49.41	3.42	$22,024
Dec 2016	0	7,712	48.76	3.72	$28,710
Nov 2016	0	6,855	42.49	2.64	$18,127
Oct 2016	0	6,917	46.19	3.09	$21,375
Sep 2016	0	6,450	41.55	3.10	$19,999
Aug 2016	87	7,454	41.44	2.92	$25,403
Jul 2016	0	7,889	41.62	2.92	$23,070
Jun 2016	0	8,548	45.35	2.69	$22,958
May 2016	0	8,963	42.52	1.99	$17,846
Apr 2016	0	8,492	36.56	1.99	$16,908
Mar 2016	0	8,636	33.01	1.79	$15,493
Feb 2016	0	9,059	26.47	2.06	$18,694
Jan 2016	0	8,013	27.35	2.36	$18,946
Dec 2015	0	6,928	32.36	2.00	$13,866
Nov 2015	0	3,599	38.79	2.17	$7,800
Oct 2015	0	5,238	43.55	2.43	$12,710
Sep 2015	0	5,471	42.99	2.76	$15,091
Aug 2015	0	5,917	40.16	2.87	$16,997
Jul 2015	0	6,315	48.15	2.95	$18,598
Jun 2015	0	6,231	56.15	2.88	$17,963
May 2015	0	6,662	55.21	2.96	$19,689
Apr 2015	0	6,577	49.82	2.71	$17,801
Mar 2015	0	1,978	42.89	2.93	$5,805
Feb 2015	0	0	44.66	2.98	$0
Jan 2015	0	0	43.43	3.10	$0
Dec 2014	0	0	54.69	3.59	$0
Nov 2014	0	0	70.46	4.25	$0
Oct 2014	0	0	78.30	3.90	$0
Sep 2014	0	0	86.16	4.05	$0
Aug 2014	0	0	89.39	4.04	$0
Jul 2014	0	53	96.56	4.18	$222
Jun 2014	181	0	98.16	4.74	$17,767
May 2014	0	324	94.73	4.73	$1,531
Apr 2014	184	989	95.94	4.81	$22,409
Mar 2014	0	1,006	95.89	5.06	$5,087
Feb 2014	185	628	97.40	6.19	$21,908
Jan 2014	0	1,120	90.40	4.86	$5,444
Dec 2013	189	1,269	91.82	4.35	$22,880
Nov 2013	186	1,072	88.85	3.74	$20,534
Oct 2013	184	782	97.42	3.78	$20,881
Sep 2013	184	1,072	104.11	3.72	$23,142
Aug 2013	185	1,327	104.25	3.52	$23,961
Jul 2013	0	935	102.52	3.72	$3,476
Jun 2013	182	875	94.40	3.93	$20,623
May 2013	187	1,343	94.83	4.15	$23,305
Apr 2013	185	910	93.96	4.28	$21,280
Mar 2013	0	1,023	93.62	3.91	$4,003
Feb 2013	179	1,227	91.23	3.42	$20,526
Jan 2013	190	1,122	91.60	3.42	$21,241
Dec 2012	187	1,305	86.77	3.42	$20,689
Nov 2012	0	997	86.95	3.62	$3,614
Oct 2012	185	962	89.38	3.40	$19,806
Sep 2012	185	1,309	94.67	2.92	$21,334
Aug 2012	187	1,349	92.66	2.91	$21,251
Jul 2012	0	1,054	85.13	3.02	$3,184
Jun 2012	188	1,194	79.82	2.52	$18,014
May 2012	181	1,038	91.61	2.49	$19,164
Apr 2012	185	1,272	101.65	2.00	$21,345
Mar 2012	0	965	105.05	2.22	$2,144
Feb 2012	181	1,034	101.10	2.57	$20,957
Jan 2012	183	1,135	98.09	2.73	$21,054
Dec 2011	183	1,440	96.87	3.24	$22,392
Nov 2011	184	1,931	95.72	3.31	$24,007
Oct 2011	184	1,222	84.98	3.65	$20,095
Sep 2011	184	1,426	83.62	3.99	$21,070
Aug 2011	0	1,520	83.40	4.15	$6,307
Jul 2011	183	634	94.14	4.52	$20,092
Jun 2011	183	1,349	92.90	4.64	$23,260
May 2011	183	1,625	98.13	4.40	$25,116
Apr 2011	184	1,550	105.96	4.33	$26,213
Mar 2011	182	1,387	96.36	4.06	$23,165
Feb 2011	181	1,629	85.64	4.18	$22,310
Jan 2011	184	1,178	86.50	4.59	$21,322
Dec 2010	184	1,439	85.73	4.35	$22,031
Nov 2010	179	565	80.84	3.80	$16,615
Oct 2010	179	1,636	78.10	3.51	$19,720
Sep 2010	0	586	72.63	3.98	$2,332
Aug 2010	183	527	73.68	4.42	$15,812
Jul 2010	183	1,247	72.55	4.74	$19,183
Jun 2010	184	2,478	70.36	4.91	$25,114
May 2010	186	2,871	71.12	4.24	$25,388
Apr 2010	183	2,930	81.69	4.12	$27,029
Mar 2010	184	3,037	78.39	4.39	$27,752
Feb 2010	184	1,933	73.58	5.44	$24,059
Jan 2010	183	2,583	74.36	5.96	$29,013
Dec 2009	371	3,088	71.44	5.48	$43,438
Nov 2009	184	2,966	74.59	3.75	$24,852
Oct 2009	186	3,523	72.54	4.11	$27,973
Sep 2009	370	3,634	65.54	3.06	$35,387
Aug 2009	181	4,236	67.42	3.22	$25,837
Jul 2009	368	3,672	61.13	3.46	$35,217
Jun 2009	367	2,053	66.16	3.90	$32,277
May 2009	0	1,429	54.74	3.93	$5,610
Apr 2009	182	2,294	46.77	3.59	$16,742
Mar 2009	368	2,220	42.14	4.06	$24,519
Feb 2009	189	2,618	32.81	4.63	$18,330
Jan 2009	383	2,242	35.86	5.37	$25,776
Dec 2008	195	1,238	37.10	5.98	$14,634
Nov 2008	191	1,664	55.49	6.86	$22,014
Oct 2008	384	1,695	75.24	6.92	$40,625
Sep 2008	188	1,786	101.76	7.88	$33,199
Aug 2008	189	3,837	114.22	8.48	$54,137
Jul 2008	380	3,248	131.08	11.39	$86,803
Jun 2008	380	2,949	131.33	13.03	$88,339
May 2008	188	1,840	123.17	11.57	$44,453
Apr 2008	380	1,798	110.31	10.45	$60,716
Mar 2008	387	1,886	101.90	9.66	$57,662
Feb 2008	193	1,922	92.53	8.77	$34,715
Jan 2008	191	1,924	90.38	8.21	$33,050
Dec 2007	193	1,766	88.33	7.30	$29,943
Nov 2007	192	2,079	91.67	7.29	$32,760
Oct 2007	191	1,885	82.85	6.92	$28,872
Sep 2007	380	2,370	75.84	6.24	$43,618
Aug 2007	188	2,679	69.06	6.39	$30,097
Jul 2007	378	2,745	70.90	6.39	$44,335
Jun 2007	382	2,780	62.00	7.55	$44,669
May 2007	384	2,920	58.74	7.85	$45,467
Apr 2007	384	2,833	59.61	7.81	$45,002
Mar 2007	385	2,895	56.92	7.30	$43,053
Feb 2007	387	2,552	55.10	8.22	$42,291
Jan 2007	386	2,691	50.30	6.73	$37,518
Dec 2006	381	3,155	56.65	6.92	$43,411
Nov 2006	385	3,044	54.20	7.62	$44,055
Oct 2006	383	3,285	54.90	6.01	$40,782
Sep 2006	381	3,265	60.08	5.04	$39,337
Aug 2006	377	3,519	68.71	7.34	$51,733
Jul 2006	569	3,632	69.37	6.34	$62,508
Jun 2006	190	3,624	66.28	6.38	$35,728
May 2006	760	3,817	66.01	6.42	$74,692
Apr 2006	383	3,553	64.39	7.36	$50,813
Mar 2006	381	3,674	56.70	7.08	$47,625
Feb 2006	775	3,099	57.59	7.75	$68,653
Jan 2006	384	3,738	60.59	8.93	$56,659
Dec 2005	385	3,393	54.94	13.42	$66,670
Nov 2005	379	1,862	54.69	10.59	$40,443
Oct 2005	942	3,954	58.34	13.80	$109,505
Sep 2005	381	3,205	61.45	12.08	$62,126
Aug 2005	562	4,553	61.51	9.80	$79,174
Jul 2005	757	5,328	55.69	7.84	$83,948
Jun 2005	753	5,921	52.33	7.38	$83,108
May 2005	1,524	7,939	45.22	6.65	$121,719
Apr 2005	564	6,412	49.20	7.36	$74,944
Mar 2005	1,483	8,251	50.37	7.15	$133,734
Feb 2005	0	4,077	45.22	6.31	$25,734

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 2017 — as filed, then multipliedworked

Oil                    0 bbl  × $ 57.27 =         $0
Casinghead gas     1,946 Mcf  × $  2.92 =     $5,685

────────────────────────────────────────────────────
Month total                                   $5,685

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/24723 is the state's own key, not one this site invented.