SOUTH TEXAS LAND LP, ET AL

Operated by DUNCAN OIL, INC. (P-5 232293) in the TEXAS POINT (SIPH DAVISI) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 24827District 03Field 89124375OilSave
Value, all time
$1.1 M
Mar 2006 – Mar 2008
Value, last 12 filed months
$97 k
at the published price for each month
Months reported
25
no gaps in the span
Streams
1
oil

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
OilDisposition17,003 bbl$1,061,119
Total$1,061,119

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 29.7085, -93.9013. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.70851, -93.90134 · 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
9,920 ft
1 wells filed one
Completion to plug
21 months
median over 1 wells

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 9,920 ft.

Completions filed
Mar 2006
1 of 1 wells
Plug dates filed
Dec 2007
1 of 1 wells

Last completion to plug: a median of 21 months across the 1 well that filed both dates, with the middle half between 21 months and 21 months. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2453238619,920 ftMar 2006Dec 2007Yes

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 (25)

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

25 months

Mar 20080101.909.66$0
Feb 2008092.538.77$0
Jan 2008090.388.21$0
Dec 20074688.337.30$4,063
Nov 2007091.677.29$0
Oct 2007082.856.92$0
Sep 2007075.846.24$0
Aug 2007069.066.39$0
Jul 200719570.906.39$13,826
Jun 200719062.007.55$11,780
May 200754158.747.85$31,778
Apr 200758959.617.81$35,110
Mar 200794156.927.30$53,562
Feb 20071,15655.108.22$63,696
Jan 2007050.306.73$0
Dec 200639756.656.92$22,490
Nov 200665354.207.62$35,393
Oct 20061,25654.906.01$68,954
Sep 20061,15160.085.04$69,152
Aug 20061,70068.717.34$116,807
Jul 20062,04169.376.34$141,584
Jun 20062,07766.286.38$137,664
May 20062,03166.016.42$134,066
Apr 200672664.397.36$46,747
Mar 20061,31356.707.08$74,447

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 2007 — as filed, then multipliedworked
Oil                   46 bbl  × $ 88.33 =     $4,063

────────────────────────────────────────────────────
Month total                                   $4,063

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/24827 is the state's own key, not one this site invented.