JONES, FRED B UNIT

Operated by PEOPLES ENERGY PROD.-TX, L.P. (P-5 653000) in the WHITE POINT,EAST DEEP (HATCH) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 12503District 04Field 96980400OilCasinghead gasSaveExport
Value, all time
$614 k
Nov 1995 – Aug 2006
Value, last 12 filed months
$0
at the published price for each month
Months reported
130
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 9 leases and 9 wells, and the rule below applies to all of them.

Discovered
1978-05-26
as the register files it
Field class
Oil and gas
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 320 acres.

The Commission's schedule remark for this field reads: WHITE POINT EAST (CONSOLIDATED) 96979012

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
OilDisposition22,390 bbl$369,278
Casinghead gasProduction141,553 Mcf$244,885
Total$614,163

55,730 Mcf of this lease's gas, across 14 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 27.8757, -97.4125. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.87566, -97.41247 · 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
12,690 ft
1 wells filed one
Completion to plug
20.6 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 12,690 ft.

Completions filed
Nov 1995
1 of 1 wells
Plug dates filed
Jun 2016
1 of 1 wells

Last completion to plug: a median of 20.6 years across the 1 well that filed both dates, with the middle half between 20.6 years and 20.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-40930376112,690 ftNov 1995Jun 2016Yes

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 (130)

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

130 months

Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020117.172.38$2
Dec 20011416.932.36$26
Nov 20011218.072.41$23
Oct 20013519.782.53$72
Sep 20013146824.262.25$1,806
Aug 20016495924.873.05$4,520
Jul 20016174623.933.20$3,845
Jun 20014282924.563.82$4,202
May 20014191025.524.31$4,966
Apr 2001183824.685.34$4,496
Mar 2001198124.545.38$5,299
Feb 2001156427.755.77$3,280
Jan 2001192827.478.40$7,822
Dec 2000121,11426.889.12$10,485
Nov 2000221,00732.215.66$6,406
Oct 2000221,01331.235.15$5,899
Sep 20001086631.875.19$4,810
Aug 20002396629.644.54$5,068
Jul 20001286728.534.09$3,888
Jun 20001992929.304.40$4,642
May 2000191,14227.263.68$4,720
Apr 2000221,13424.513.12$4,073
Mar 20001792228.422.86$3,120
Feb 2000111,24527.622.73$3,698
Jan 20001199125.272.48$2,736
Dec 1999111,09024.282.42$2,909
Nov 199903423.192.43$83
Oct 1999436620.982.80$1,110
Sep 1999542821.752.62$1,230
Aug 1999141,02419.262.88$3,214
Jul 1999301,09717.892.37$3,139
Jun 199935897215.942.36$8,002
May 19992171,10015.792.32$5,980
Apr 19993431,25015.102.21$7,939
Mar 19994691,44712.471.84$8,508
Feb 19994521,3059.981.82$6,883
Jan 19995061,43110.381.90$7,971
Dec 19986161,6289.201.77$8,554
Nov 19986731,70210.892.19$11,049
Oct 19988421,77312.421.97$13,949
Sep 19984281,76612.592.08$9,066
Aug 19984681,91511.301.91$8,941
Jul 19985101,96411.742.24$10,381
Jun 19984491,87611.242.24$9,244
May 19986392,18112.622.21$12,876
Apr 19984581,41113.042.51$9,507
Mar 19986651,99412.802.31$13,117
Feb 19985911,85613.952.30$12,512
Jan 19986182,11614.702.15$13,644
Dec 19974452,10116.322.41$12,328
Nov 19974742,10418.193.09$15,120
Oct 19975812,44119.253.15$18,873
Sep 19975172,52817.742.95$16,642
Aug 19975982,92817.862.55$18,161
Jul 19976292,91017.582.25$17,596
Jun 19976452,53817.242.26$16,849
May 19977352,52718.972.31$19,777
Apr 19975882,70617.882.08$16,149
Mar 19978253,57618.951.94$22,568
Feb 19976552,98120.492.21$19,997
Jan 19978263,32623.483.54$31,168
Dec 19966942,80723.32$16,184
Nov 19963973,49921.97$8,722
Oct 19962873,62023.31$6,690
Sep 19963383,35222.22$7,510
Aug 19963623,56620.26$7,334
Jul 19963863,43919.55$7,546
Jun 19963583,34218.73$6,705
May 19961494,13019.43$2,895
Apr 19961452,76521.51$3,119
Mar 19961692,99919.38$3,275
Feb 19962073,98816.98$3,515
Jan 19962403,78817.07$4,097
Dec 19953474,81017.19$5,965
Nov 19959799,62516.00$15,664

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.

Jan 2002 — as filed, then multipliedworked
Oil                    0 bbl  × $ 17.17 =         $0
Casinghead gas         1 Mcf  × $  2.38 =         $2

────────────────────────────────────────────────────
Month total                                       $2

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/12503 is the state's own key, not one this site invented.