STEELE

Operated by JETTA OPERATING COMPANY, INC. (P-5 432283) in the PREMONT, EAST (ZONE 18-A) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 11114District 04Field 72947250OilCasinghead gasSaveExport
Value, all time
$1.9 M
Jan 1993 – Jun 2019
Value, last 12 filed months
$4 k
at the published price for each month
Months reported
318
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 10 leases and 15 wells, and the rule below applies to all of them.

Discovered
1951-05-07
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

The Commission's schedule remark for this field reads: N GOR FLUID INJ - TRANS, MAX WELL ALLOW 3 X TOP /PREMONT UNIT/

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
OilDisposition53,654 bbl$1,827,739
Casinghead gasProduction32,728 Mcf$114,120
Total$1,941,858

6,162 Mcf of this lease's gas, across 48 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 (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 27.3937, -98.1976. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.39369, -98.19756 · 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
6,000 ft
1 wells filed one
Completion to plug
11.3 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 6,000 ft.

Completions filed
Oct 2007
1 of 1 wells
Plug dates filed
Feb 2019
1 of 1 wells

Last completion to plug: a median of 11.3 years across the 1 well that filed both dates, with the middle half between 11.3 years and 11.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2493197916,000 ftOct 2007Feb 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 (318)

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

318 months

Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 201974050.852.79$3,763
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 2015013240.162.87$379
Jul 20152910848.152.95$1,714
Jun 201515423256.152.88$9,316
May 2015044155.212.96$1,303
Apr 2015021749.822.71$587
Mar 201516519342.892.93$7,643
Feb 2015023144.662.98$688
Jan 201515519943.433.10$7,349
Dec 2014025254.693.59$905
Nov 201415334270.464.25$12,235
Oct 2014038678.303.90$1,506
Sep 2014033986.164.05$1,371
Aug 201416631989.394.04$16,126
Jul 2014038396.564.18$1,601
Jun 201416038198.164.74$17,510
May 2014056694.734.73$2,675
Apr 2014024195.944.81$1,159
Mar 201416511495.895.06$16,398
Feb 2014015697.406.19$966
Jan 201417214790.404.86$16,263
Dec 2013018691.824.35$810
Nov 2013036988.853.74$1,379
Oct 201315636597.423.78$16,577
Sep 2013161344104.113.72$18,041
Aug 2013021104.253.52$74
Jul 2013043102.523.72$160
Jun 20131634494.403.93$15,560
May 201308694.834.15$357
Apr 2013153093.964.28$14,376
Mar 2013024993.623.91$974
Feb 201316398191.233.42$18,225
Jan 201316332091.603.42$16,025
Dec 2012024786.773.42$845
Nov 201216729486.953.62$15,586
Oct 2012032389.383.40$1,098
Sep 201216417294.672.92$16,028
Aug 2012010692.662.91$308
Jul 20121615185.133.02$13,860
Jun 201217610179.822.52$14,303
May 201205691.612.49$139
Apr 2012161126101.652.00$16,617
Mar 20120156105.052.22$347
Feb 2012172239101.102.57$18,003
Jan 2012022998.092.73$626
Dec 2011022696.873.24$732
Nov 201117121195.723.31$17,067
Oct 2011014984.983.65$544
Sep 201116815383.623.99$14,658
Aug 2011015683.404.15$647
Jul 201116213594.144.52$15,861
Jun 201117012292.904.64$16,359
May 2011010798.134.40$471
Apr 2011179105105.964.33$19,422
Mar 201104496.364.06$179
Feb 20111383585.644.18$11,965
Jan 20111564886.504.59$13,714
Dec 20101693085.734.35$14,619
Nov 201007180.843.80$269
Oct 201016811278.103.51$13,514
Sep 2010012372.633.98$489
Aug 201016713773.684.42$12,910
Jul 201016416972.554.74$12,699
Jun 201039670.364.91$682
May 201017314171.124.24$12,901
Apr 201016611581.694.12$14,035
Mar 20101412778.394.39$1,655
Feb 201010013073.585.44$8,066
Jan 201017714074.365.96$13,997
Dec 20091726371.445.48$12,633
Nov 200913874.593.75$217
Oct 20091048272.544.11$7,881
Sep 2009210465.543.06$450
Aug 20091638467.423.22$11,260
Jul 200916116361.133.46$10,407
Jun 200917213166.163.90$11,890
May 200948554.743.93$553
Apr 20091779846.773.59$8,630
Mar 20091768942.144.06$7,778
Feb 20091647232.814.63$5,714
Jan 2009012435.865.37$666
Dec 200815810237.105.98$6,471
Nov 20081637455.496.86$9,553
Oct 200816910975.246.92$13,470
Sep 2008191113101.767.88$20,326
Aug 20081723114.228.48$19,671
Jul 2008107131.0811.39$1,391
Jun 200817666131.3313.03$23,974
May 20081760123.1711.57$21,678
Apr 20081740110.3110.45$19,194
Mar 200817382101.909.66$18,421
Feb 200803992.538.77$342
Jan 2008341090.388.21$30,820
Dec 2007176588.337.30$15,583
Nov 200721091.677.29$1,925
Oct 20070082.856.92$0
Sep 200766075.846.24$5,005
Aug 20070069.066.39$0
Jul 2007086270.906.39$5,506
Jun 200703,47062.007.55$26,193
May 2007168058.747.85$9,868
Apr 2007156059.617.81$9,299
Mar 2007155056.927.30$8,823
Feb 2007165055.108.22$9,092
Jan 20070050.306.73$0
Dec 2006174056.656.92$9,857
Nov 2006160054.207.62$8,672
Oct 2006174054.906.01$9,553
Sep 20060060.085.04$0
Aug 2006171068.717.34$11,749
Jul 2006176069.376.34$12,209
Jun 2006171066.286.38$11,334
May 2006173066.016.42$11,420
Apr 20060064.397.36$0
Mar 2006179056.707.08$10,149
Feb 2006171057.597.75$9,848
Jan 2006172060.598.93$10,421
Dec 2005140054.9413.42$7,692
Nov 2005153054.6910.59$8,368
Oct 2005159058.3413.80$9,276
Sep 2005171061.4512.08$10,508
Aug 20050061.519.80$0
Jul 2005165055.697.84$9,189
Jun 2005165052.337.38$8,634
May 2005152045.226.65$6,873
Apr 2005329049.207.36$16,187
Mar 20050050.377.15$0
Feb 2005172045.226.31$7,778
Jan 2005145043.166.32$6,258
Dec 2004152039.866.75$6,059
Nov 2004168045.286.33$7,607
Oct 2004161049.706.52$8,002
Sep 2004120043.245.28$5,189
Aug 2004258042.375.55$10,931
Jul 2004170038.286.08$6,508
Jun 2004167036.106.43$6,029
May 2004159037.486.49$5,959
Apr 2004181034.475.86$6,239
Mar 2004182034.365.53$6,254
Feb 2004342032.455.51$11,098
Jan 2004174032.036.30$5,573
Dec 2003185030.266.30$5,598
Nov 2003185028.804.60$5,328
Oct 2003271028.174.76$7,634
Sep 2003196026.314.75$5,157
Aug 2003163029.765.13$4,851
Jul 2003184029.415.17$5,411
Jun 2003160028.565.98$4,570
May 2003357026.595.97$9,493
Apr 2003196026.675.41$5,227
Mar 2003372031.146.10$11,584
Feb 2003175033.487.93$5,859
Jan 2003388030.315.58$11,760
Dec 200233226.914.85$236
Nov 20021656724.664.14$4,346
Oct 20023719526.464.23$10,218
Sep 200218910127.443.64$5,553
Aug 20021849825.963.16$5,087
Jul 200237310824.583.06$9,499
Jun 20021819723.733.34$4,619
May 200219511924.663.58$5,235
Apr 20021573323.653.51$3,829
Mar 20021946522.003.10$4,470
Feb 20021845718.222.38$3,488
Jan 20021856817.172.38$3,338
Dec 20011676316.932.36$2,976
Nov 20011766018.072.41$3,325
Oct 20011825419.782.53$3,737
Sep 20011967924.262.25$4,933
Aug 20011846724.873.05$4,781
Jul 20011865723.933.20$4,633
Jun 20011768724.563.82$4,655
May 200119110925.524.31$5,344
Apr 20013509124.685.34$9,124
Mar 20011007224.545.38$2,841
Feb 200138911427.755.77$11,452
Jan 200121011427.478.40$6,726
Dec 200035310226.889.12$10,419
Nov 200021310632.215.66$7,460
Oct 200020510131.235.15$6,922
Sep 200039611031.875.19$13,191
Aug 200035510029.644.54$10,976
Jul 200018611228.534.09$5,765
Jun 200035812029.304.40$11,017
May 200019510627.263.68$5,706
Apr 200037410524.513.12$9,494
Mar 200036213428.422.86$10,671
Feb 20001929927.622.73$5,573
Jan 200038512825.272.48$10,046
Dec 199936412224.282.42$9,134
Nov 199917813223.192.43$4,449
Oct 199937410720.982.80$8,147
Sep 19991674821.752.62$3,758
Aug 199918410219.262.88$3,837
Jul 19993319917.892.37$6,156
Jun 199937112215.942.36$6,202
May 199918312315.792.32$3,175
Apr 19993478315.102.21$5,423
Mar 199935412712.471.84$4,648
Feb 19990529.981.82$95
Jan 199933711910.381.90$3,724
Dec 19983201039.201.77$3,127
Nov 199836211110.892.19$4,185
Oct 199836010112.421.97$4,670
Sep 199818012212.592.08$2,520
Aug 199835814911.301.91$4,330
Jul 199834714211.742.24$4,391
Jun 19981543611.242.24$1,812
May 199836010712.622.21$4,779
Apr 199818211713.042.51$2,666
Mar 199835911012.802.31$4,849
Feb 199836310213.952.30$5,298
Jan 199834813014.702.15$5,396
Dec 199715911516.322.41$2,872
Nov 19973638318.193.09$6,859
Oct 199736611819.253.15$7,417
Sep 199716912117.742.95$3,356
Aug 199735811217.862.55$6,680
Jul 199736211217.582.25$6,616
Jun 199718310217.242.26$3,385
May 199732912118.972.31$6,520
Apr 199737011617.882.08$6,857
Mar 199734813118.951.94$6,849
Feb 19971809220.492.21$3,891
Jan 199736911323.483.54$9,064
Dec 199617912623.32$4,174
Nov 199636412721.97$7,997
Oct 199636410623.31$8,485
Sep 199635911122.22$7,977
Aug 199617012620.26$3,444
Jul 199648312419.55$9,443
Jun 199618211618.73$3,409
May 199632712819.43$6,354
Apr 199635214121.51$7,572
Mar 19963667619.38$7,093
Feb 19961648216.98$2,785
Jan 199632314517.07$5,514
Dec 199533612617.19$5,776
Nov 199536912216.00$5,904
Oct 199535314115.43$5,447
Sep 19953667816.18$5,922
Aug 199578415.92$111
Jul 199535913715.24$5,471
Jun 199546312616.41$7,598
May 199535912717.56$6,304
Apr 199529911417.73$5,301
Mar 199534115016.44$5,606
Feb 199528413416.58$4,709
Jan 199550115915.92$7,976
Dec 199435315815.03$5,306
Nov 19941845615.90$2,926
Oct 199436814515.58$5,733
Sep 199432713015.29$5,000
Aug 199435513716.13$5,726
Jul 199449815217.56$8,745
Jun 199418210717.09$3,110
May 199446310715.88$7,352
Apr 199418913114.14$2,672
Mar 199454615912.46$6,803
Feb 199435212212.50$4,400
Jan 199418712912.66$2,367
Dec 199353113712.33$6,547
Nov 199334314914.49$4,970
Oct 199337712215.85$5,975
Sep 199336414015.03$5,471
Aug 199331514415.66$4,933
Jul 199336413315.46$5,627
Jun 199345714516.79$7,673
May 199333315717.68$5,887
Apr 199352121718.05$9,404
Mar 199336412618.14$6,603
Feb 19933249117.90$5,800
Jan 199334416216.93$5,824

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 2019 — as filed, then multipliedworked
Oil                   74 bbl  × $ 50.85 =     $3,763
Casinghead gas         0 Mcf  × $  2.79 =         $0

────────────────────────────────────────────────────
Month total                                   $3,763

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. 04/O/11114 is the state's own key, not one this site invented.