GEORGE FOUNDATION

Operated by CML EXPLORATION, LLC (P-5 120648) in the SMITHERS LAKE (YEGUA LWR AU) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 25948District 03Field 84331541OilCasinghead gasSaveExport
Value, all time
$8.6 M
Apr 2012 – Aug 2019
Value, last 12 filed months
$0
at the published price for each month
Months reported
89
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 4 wells, and the rule below applies to all of them.

Discovered
2005-03-22
as the register files it
Field class
Oil
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2005-03-22.

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
OilDisposition59,836 bbl$5,310,802
Casinghead gasProduction954,264 Mcf$3,302,447
Total$8,613,249

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 29.5044, -95.6572. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.50444, -95.65715 · 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
10,893 ft
1 wells filed one
Completion to plug
6.9 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 10,893 ft.

Completions filed
Apr 2012
1 of 1 wells
Plug dates filed
Mar 2019
1 of 1 wells

Last completion to plug: a median of 6.9 years across the 1 well that filed both dates, with the middle half between 6.9 years and 6.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-15732755110,893 ftApr 2012Mar 2019Yes

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 (89)

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

89 months

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 2016112236.561.99$279
Mar 201616719033.011.79$5,854
Feb 201601,70226.472.06$3,512
Jan 20161792,58427.352.36$11,005
Dec 20151734,54432.362.00$14,693
Nov 201504,10438.792.17$8,895
Oct 201518012343.552.43$8,137
Sep 20150042.992.76$0
Aug 20150740.162.87$20
Jul 201507148.152.95$209
Jun 201501,56256.152.88$4,503
May 201505,71355.212.96$16,884
Apr 2015023749.822.71$641
Mar 2015011542.892.93$337
Feb 201518721544.662.98$8,991
Jan 201504343.433.10$133
Dec 20141532,01254.693.59$15,593
Nov 201402,31370.464.25$9,835
Oct 20141496,25778.303.90$36,075
Sep 201406,72086.164.05$27,185
Aug 20141677,82889.394.04$46,515
Jul 201419212,64196.564.18$71,374
Jun 20141858,32698.164.74$57,599
May 20140094.734.73$0
Apr 2014010,07395.944.81$48,442
Mar 201491016,49095.895.06$170,647
Feb 2014012,82797.406.19$79,425
Jan 201437417,53090.404.86$119,018
Dec 201319116,76291.824.35$90,527
Nov 201356820,46888.853.74$126,982
Oct 201337124,13197.423.78$127,343
Sep 201337424,439104.113.72$129,795
Aug 201356217,718104.253.52$121,002
Jul 201337535,031102.523.72$168,681
Jun 20131,08041,20094.403.93$264,008
May 201393735,21894.834.15$234,978
Apr 201370930,16593.964.28$195,802
Mar 20131,16335,52193.623.91$247,869
Feb 20131,29736,13391.233.42$241,897
Jan 20131,70244,72891.603.42$308,869
Dec 20122,04850,85086.773.42$351,620
Nov 20122,95159,08086.953.62$470,752
Oct 201272511,72389.383.40$104,655
Sep 20122,73248,34394.672.92$399,723
Aug 20124,93167,13492.662.91$652,143
Jul 20128,03288,34885.133.02$950,646
Jun 20129,80978,84879.822.52$981,576
May 201212,86954,53791.612.49$1,314,635
Apr 20123,3939,538101.652.00$363,944

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 2016 — as filed, then multipliedworked
Oil                    1 bbl  × $ 36.56 =        $37
Casinghead gas       122 Mcf  × $  1.99 =       $243

────────────────────────────────────────────────────
Month total                                     $279

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/25948 is the state's own key, not one this site invented.