KNIGHT

Operated by ARCADIA OPERATING, LLC (P-5 28734) in the BIG SANDY (COCKFIELD) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 25843District 03Field 08030275OilCasinghead gasSaveExport
Value, all time
$36.3 M
Aug 2011 – Feb 2024
Value, last 12 filed months
$21 k
at the published price for each month
Months reported
151
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 8 wells, and the rule below applies to all of them.

Discovered
2011-08-19
as the register files it
Field class
Oil
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: CORRELATIVE INTERVAL 4761-4783 FEET (TVD) AS DESIGNATED ON THE

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
OilDisposition455,270 bbl$35,406,650
Casinghead gasProduction273,757 Mcf$925,239
Total$36,331,889

Wells on this lease (5)

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 30.5804, -94.6521. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.0 miles.

30.58037, -94.65375 · 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%
5 of 5 wells
With a plug date
100.0%
5 of 5 wells
Median depth
5,000 ft
5 wells filed one
Completion to plug
11.0 years
median over 5 wells

What the state filed about each well

On the RRC proration schedule
5100.0%
A plug date is filed
5100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
5100.0%
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

Between 3,700 and 5,100 ft, median 5,000 ft, over the 5 wells that filed a depth.

Completions filed
Aug 2011 – Nov 2014
5 of 5 wells
Plug dates filed
Dec 2023 – Jan 2024
5 of 5 wells

Last completion to plug: a median of 11.0 years across the 5 wells that filed both dates, with the middle half between 10.7 years and 11.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

5 wells

42-3733124553,700 ftNov 2014Jan 2024Yes
42-3733124625,000 ftApr 2013Dec 2023Yes
42-3733123245,000 ftJan 2013Jan 2024Yes
42-3733120335,100 ftJul 2012Jan 2024Yes
42-3733116715,021 ftAug 2011Dec 2023Yes

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 (151)

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

151 months

Feb 2024270076.091.78$20,544
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 2019339055.052.66$18,662
Aug 20190053.112.30$0
Jul 2019171056.272.46$9,622
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 2019167062.632.75$10,459
Mar 2019532056.803.06$30,218
Feb 2019354050.852.79$18,001
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 2018366052.934.24$19,372
Oct 2018769061.443.40$47,247
Sep 20181,092059.543.11$65,018
Aug 20181,611059.403.07$95,693
Jul 2018908065.142.93$59,147
Jun 20181,244060.183.08$74,864
May 20181,621065.382.90$105,981
Apr 20181,450063.842.90$92,568
Mar 20181,606061.222.79$98,319
Feb 20181,587061.782.77$98,045
Jan 2018361062.874.01$22,696
Dec 2017874057.272.92$50,054
Nov 20171,448055.423.12$80,248
Oct 20171,986049.292.98$97,890
Sep 20171,971047.523.09$93,662
Aug 20171,784045.373.00$80,940
Jul 20171,652043.873.09$72,473
Jun 20172,715042.493.09$115,360
May 20173,268045.373.26$148,269
Apr 20172,708047.933.21$129,794
Mar 20173,760046.772.98$175,855
Feb 20173,222050.452.95$162,550
Jan 20174,315049.413.42$213,204
Dec 20164,312048.763.72$210,253
Nov 20164,142042.492.64$175,994
Oct 20164,332046.193.09$200,095
Sep 2016707041.553.10$29,376
Aug 2016867041.442.92$35,928
Jul 20161,419041.622.92$59,059
Jun 20161,229045.352.69$55,735
May 20162,118442.521.99$90,065
Apr 20163,20030036.561.99$117,589
Mar 20163,19727533.011.79$106,026
Feb 20163,93729526.472.06$104,821
Jan 20164,50031227.352.36$123,813
Dec 20154,80542732.362.00$156,344
Nov 20154,45451838.792.17$173,893
Oct 20155,51178043.552.43$241,897
Sep 20153,92298242.992.76$171,316
Aug 20154,26511040.162.87$171,598
Jul 20154,62587648.152.95$225,274
Jun 20155,3411,06956.152.88$302,979
May 20155,3531,91855.212.96$301,208
Apr 20155,6871,94849.822.71$288,599
Mar 20155,7192,48142.892.93$252,569
Feb 20155,5902,88844.662.98$258,245
Jan 20157,0812,93243.433.10$316,619
Dec 20147,6343,34654.693.59$429,520
Nov 20147,5263,50070.464.25$545,163
Oct 201410,2933,86678.303.90$821,023
Sep 201410,1193,71086.164.05$886,862
Aug 20147,9932,32589.394.04$723,876
Jul 20148,9801,78596.564.18$874,569
Jun 20149,5853,96498.164.74$959,641
May 201412,3274,54694.734.73$1,189,224
Apr 201412,8264,37495.944.81$1,251,562
Mar 201411,0123,77095.895.06$1,075,005
Feb 20149,8183,46497.406.19$977,722
Jan 201410,7013,57290.404.86$984,733
Dec 20139,4613,06491.824.35$882,051
Nov 201310,6333,36588.853.74$957,321
Oct 20139,7123,92797.423.78$960,985
Sep 20139,3433,955104.113.72$987,403
Aug 201310,8344,904104.253.52$1,146,719
Jul 201311,0955,263102.523.72$1,157,026
Jun 201311,6527,08394.403.93$1,127,809
May 201312,9558,32994.834.15$1,263,080
Apr 201311,1557,43693.964.28$1,079,969
Mar 201310,1236,26593.623.91$972,229
Feb 20139,1835,96091.233.42$858,148
Jan 20138,8156,51091.603.42$829,718
Dec 20126,6266,17286.773.42$596,047
Nov 20126,6425,70986.953.62$598,217
Oct 20126,4316,96889.383.40$598,492
Sep 20126,13611,00994.672.92$613,024
Aug 20126,20714,58692.662.91$617,559
Jul 20123,65610,54985.133.02$343,102
Jun 20123,86310,38779.822.52$334,510
May 20123,83110,71491.612.49$377,618
Apr 20123,44210,862101.652.00$371,569
Mar 20123,67010,930105.052.22$409,821
Feb 20123,29611,016101.102.57$361,539
Jan 20123,58211,09498.092.73$381,690
Dec 20112,4186,85096.873.24$256,424
Nov 20112,9405,97095.723.31$301,185
Oct 20113,2486,16984.983.65$298,523
Sep 20113,6485,97083.623.99$328,841
Aug 20111,3952,40483.404.15$126,318

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.

Feb 2024 — as filed, then multipliedworked
Oil                  270 bbl  × $ 76.09 =    $20,544
Casinghead gas         0 Mcf  × $  1.78 =         $0

────────────────────────────────────────────────────
Month total                                  $20,544

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/25843 is the state's own key, not one this site invented.