FELTZ, CHAS., -A-

Operated by TEXASGULF INC. (P-5 846080) in the BOLING field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 5465District 03Field 10229001Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$2 k
Jan 1993 – Jul 1994
Value, last 12 filed months
$2 k
at the published price for each month
Months reported
19
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 100 leases and 405 wells, and the rule below applies to all of them.

Discovered
1923-12-31
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
0 ft
minimum

A drilling unit in this field needs at least 0 acres.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: THIS IS A PIERCEMENT TYPE SALT DOME.

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
OilDisposition174 bbl$2,357
Casinghead gasProduction5 Mcf$0
Total$2,357

5 Mcf of this lease's gas, across 5 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Wells on this lease (6)

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 29.2825, -95.9016. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

29.28249, -95.90138 · 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%
6 of 6 wells
With a plug date
83.3%
5 of 6 wells
Median depth
428 ft
6 wells filed one
Completion to plug
20.1 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
6100.0%
A plug date is filed
583.3%
BothOn the schedule and plugged. Neither fact cancels the other.
583.3%
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 383 and 440 ft, median 428 ft, over the 6 wells that filed a depth.

Completions filed
Jun 1969 – Dec 1970
2 of 6 wells; 4 filed none
Plug dates filed
Feb 1986 – May 1994
5 of 6 wells; 1 filed none

Last completion to plug: a median of 20.1 years across the 2 wells that filed both dates, with the middle half between 17.6 years and 22.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

6 wells

42-481002355433 ftFeb 1986Yes
42-481002373425 ftFeb 1986Yes
42-481002382440 ftFeb 1986Yes
42-481002391430 ftYes
42-481301788421 ftDec 1970Feb 1986Yes
42-481300387383 ftJun 1969May 1994Yes

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 (19)

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

19 months

Jul 19940017.56$0
Jun 19940017.09$0
May 199448015.88$762
Apr 19940014.14$0
Mar 19940012.46$0
Feb 19940012.50$0
Jan 1994126012.66$1,595
Dec 19930112.33$0
Nov 19930014.49$0
Oct 19930115.85$0
Sep 19930015.03$0
Aug 19930015.66$0
Jul 19930115.46$0
Jun 19930016.79$0
May 19930017.68$0
Apr 19930118.05$0
Mar 19930018.14$0
Feb 19930017.90$0
Jan 19930116.93$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.

May 1994 — as filed, then multipliedworked
Oil                   48 bbl  × $ 15.88 =       $762
Casinghead gas         0 Mcf  ×  no price            —

────────────────────────────────────────────────────
Month total                                     $762

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/5465 is the state's own key, not one this site invented.