KIRBY FOREST INDUSTRIES

Operated by VALENCE OPERATING COMPANY (P-5 881167) in the GIST, WEST (HACKBERRY 6400) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 24840District 03Field 35113150OilCasinghead gasSaveExport
Value, all time
$5.9 M
Apr 2004 – Nov 2019
Value, last 12 filed months
$0
at the published price for each month
Months reported
188
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 3 leases and 3 wells, and the rule below applies to all of them.

Discovered
1985-07-03
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.

StreamBasisVolumeValue
OilDisposition72,156 bbl$5,706,602
Casinghead gasProduction31,267 Mcf$214,583
Total$5,921,185

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 30.2674, -93.9043. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.26744, -93.90431 · 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
7,316 ft
1 wells filed one
Completion to plug
2.7 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 7,316 ft.

Completions filed
Mar 2015
1 of 1 wells
Plug dates filed
Nov 2017
1 of 1 wells

Last completion to plug: a median of 2.7 years across the 1 well that filed both dates, with the middle half between 2.7 years and 2.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2413039917,316 ftMar 2015Nov 2017Yes

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 (188)

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

188 months

Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 2015150049.822.71$7,473
Mar 2015179042.892.93$7,677
Feb 2015691044.662.98$30,860
Jan 2015719043.433.10$31,226
Dec 2014364054.693.59$19,907
Nov 2014903070.464.25$63,625
Oct 2014749078.303.90$58,647
Sep 2014886086.164.05$76,338
Aug 2014890089.394.04$79,557
Jul 2014696096.564.18$67,206
Jun 2014517098.164.74$50,749
May 20141,079094.734.73$102,214
Apr 2014553095.944.81$53,055
Mar 2014213095.895.06$20,425
Feb 2014368097.406.19$35,843
Jan 2014766090.404.86$69,246
Dec 2013563091.824.35$51,695
Nov 2013703088.853.74$62,462
Oct 2013921097.423.78$89,724
Sep 20139180104.113.72$95,573
Aug 20138930104.253.52$93,095
Jul 20131760102.523.72$18,044
Jun 2013720094.403.93$67,968
May 2013703094.834.15$66,665
Apr 2013713093.964.28$66,993
Mar 2013549093.623.91$51,397
Feb 2013558091.233.42$50,906
Jan 2013365091.603.42$33,434
Dec 2012537086.773.42$46,595
Nov 2012557086.953.62$48,431
Oct 2012564089.383.40$50,410
Sep 2012368094.672.92$34,839
Aug 2012718092.662.91$66,530
Jul 2012175085.133.02$14,898
Jun 2012348079.822.52$27,777
May 2012549091.612.49$50,294
Apr 20127190101.652.00$73,086
Mar 20123460105.052.22$36,347
Feb 20125160101.102.57$52,168
Jan 2012553098.092.73$54,244
Dec 2011739096.873.24$71,587
Nov 2011377095.723.31$36,086
Oct 2011369084.983.65$31,358
Sep 2011558083.623.99$46,660
Aug 2011556083.404.15$46,370
Jul 2011729094.144.52$68,628
Jun 2011745092.904.64$69,211
May 2011374098.134.40$36,701
Apr 20113670105.964.33$38,887
Mar 2011559096.364.06$53,865
Feb 2011544085.644.18$46,588
Jan 2011743086.504.59$64,270
Dec 2010554085.734.35$47,494
Nov 2010731080.843.80$59,094
Oct 2010397078.103.51$31,006
Sep 2010377072.633.98$27,382
Aug 2010379073.684.42$27,925
Jul 2010532072.554.74$38,597
Jun 2010597070.364.91$42,005
May 2010756071.124.24$53,767
Apr 2010546081.694.12$44,603
Mar 2010549078.394.39$43,036
Feb 20100073.585.44$0
Jan 2010333074.365.96$24,762
Dec 2009910071.445.48$65,010
Nov 2009755074.593.75$56,315
Oct 2009558072.544.11$40,477
Sep 2009731065.543.06$47,910
Aug 2009925067.423.22$62,364
Jul 2009564061.133.46$34,477
Jun 2009935066.163.90$61,860
May 2009557054.743.93$30,490
Apr 2009954046.773.59$44,619
Mar 2009743042.144.06$31,310
Feb 2009743032.814.63$24,378
Jan 2009916035.865.37$32,848
Dec 2008724037.105.98$26,860
Nov 2008912055.496.86$50,607
Oct 20081,126075.246.92$84,720
Sep 20085500101.767.88$55,968
Aug 20089060114.228.48$103,483
Jul 20089360131.0811.39$122,691
Jun 20081,1850131.3313.03$155,626
May 20089180123.1711.57$113,070
Apr 20081,14218110.3110.45$126,162
Mar 2008881166101.909.66$91,378
Feb 200893326092.538.77$88,611
Jan 200886523990.388.21$80,140
Dec 20071,11430788.337.30$100,641
Nov 20071,090091.677.29$99,920
Oct 2007933082.856.92$77,299
Sep 2007744075.846.24$56,425
Aug 2007570069.066.39$39,364
Jul 2007163070.906.39$11,557
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 2007317056.927.30$18,044
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 2006160056.656.92$9,064
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 2006195060.085.04$11,716
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 2006162066.286.38$10,737
May 2006156066.016.42$10,298
Apr 20060064.397.36$0
Mar 2006178056.707.08$10,093
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 2005392054.9413.42$21,536
Nov 2005193054.6910.59$10,555
Oct 2005190058.3413.80$11,085
Sep 2005177061.4512.08$10,877
Aug 20051,2282,10961.519.80$96,196
Jul 200590739155.697.84$53,578
Jun 20057271,73252.337.38$50,828
May 20051,2484,41845.226.65$85,819
Apr 200554887449.207.36$33,395
Mar 2005742050.377.15$37,375
Feb 20057334,11545.226.31$59,120
Jan 20059415,15543.166.32$73,205
Dec 20048956,41639.866.75$78,990
Nov 20049104,95145.286.33$72,547
Oct 2004011649.706.52$756
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 2004184036.106.43$6,642
May 2004124037.486.49$4,648
Apr 20040034.475.86$0

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.

Apr 2015 — as filed, then multipliedworked
Oil                  150 bbl  × $ 49.82 =     $7,473
Casinghead gas         0 Mcf  × $  2.71 =         $0

────────────────────────────────────────────────────
Month total                                   $7,473

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/24840 is the state's own key, not one this site invented.