247 LAND CO

Operated by ENERVEST OPERATING, L.L.C. (P-5 252131) in the FT. TRINIDAD, SW. (BUDA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 24755District 03Field 32177125OilCasinghead gasSaveExport
Value, all time
$3.3 M
Feb 2005 – May 2012
Value, last 12 filed months
$0
at the published price for each month
Months reported
88
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 14 leases and 14 wells, and the rule below applies to all of them.

Discovered
1965-06-26
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,320 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 160 acres.

The Commission's schedule remark for this field reads: J. M. CHRISTIAN #1 (API 315-30886) WELL.

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
OilDisposition44,860 bbl$2,985,894
Casinghead gasProduction34,113 Mcf$287,971
Total$3,273,865

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 30.9720, -95.7350. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.97199, -95.73504 · 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
14,117 ft
1 wells filed one
Completion to plug
7.8 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 14,117 ft.

Completions filed
Feb 2005
1 of 1 wells
Plug dates filed
Dec 2012
1 of 1 wells

Last completion to plug: a median of 7.8 years across the 1 well that filed both dates, with the middle half between 7.8 years and 7.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-31330743114,117 ftFeb 2005Dec 2012Yes

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 (88)

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

88 months

May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 2009131074.593.75$9,771
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 2009191046.773.59$8,933
Mar 20090042.144.06$0
Feb 2009349032.814.63$11,451
Jan 2009342035.865.37$12,264
Dec 2008355037.105.98$13,171
Nov 2008523055.496.86$29,021
Oct 2008178075.246.92$13,393
Sep 20083600101.767.88$36,634
Aug 20087000114.228.48$79,954
Jul 20086950131.0811.39$91,101
Jun 20083850131.3313.03$50,562
May 20081840123.1711.57$22,663
Apr 20085560110.3110.45$61,332
Mar 20085460101.909.66$55,637
Feb 2008359092.538.77$33,218
Jan 2008531090.388.21$47,992
Dec 2007890088.337.30$78,614
Nov 2007883091.677.29$80,945
Oct 20071,063082.856.92$88,070
Sep 20071,074075.846.24$81,452
Aug 2007886069.066.39$61,187
Jul 2007707070.906.39$50,126
Jun 2007748062.007.55$46,376
May 2007735058.747.85$43,174
Apr 2007348059.617.81$20,744
Mar 2007392056.927.30$22,313
Feb 200719624755.108.22$12,829
Jan 200737638850.306.73$21,523
Dec 200619038456.656.92$13,420
Nov 20069161,03354.207.62$57,516
Oct 20061,1421,28954.906.01$70,448
Sep 20061,1131,60960.085.04$74,974
Aug 20061,2751,35368.717.34$97,536
Jul 20061,6301,66569.376.34$123,634
Jun 20061,7322,89266.286.38$133,259
May 20062,2182,36966.016.42$161,631
Apr 20061,6902,25164.397.36$125,388
Mar 20062,1931,94456.707.08$138,112
Feb 20061,9961,92857.597.75$129,894
Jan 20062,3512,72860.598.93$166,817
Dec 20052,4831,81454.9413.42$160,752
Nov 20051,8441,66254.6910.59$118,446
Oct 20052,1382,20458.3413.80$155,137
Sep 20051,4442,20361.4512.08$115,344
Aug 20051,2551,35461.519.80$90,460
Jul 20051,2541,36155.697.84$80,510
Jun 200589694452.337.38$53,855
May 200537849145.226.65$20,359
Apr 200530049.207.36$1,476
Mar 20058050.377.15$403
Feb 20051045.226.31$45

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 2009 — as filed, then multipliedworked
Oil                  131 bbl  × $ 74.59 =     $9,771
Casinghead gas         0 Mcf  × $  3.75 =         $0

────────────────────────────────────────────────────
Month total                                   $9,771

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/24755 is the state's own key, not one this site invented.