TALLEY KIBBE

Operated by FREDCO (P-5 284921) in the PALITO BLANCO (FRIO 4450) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 12533District 04Field 68593333OilCasinghead gasSave
Value, all time
$1.0 M
Dec 1995 – Feb 2020
Value, last 12 filed months
$1 k
at the published price for each month
Months reported
291
no gaps in the span
Streams
2
oil, casinghead gas

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
OilDisposition9,240 bbl$504,284
Casinghead gasProduction94,159 Mcf$544,607
Total$1,048,891

9,905 Mcf of this lease's gas, across 13 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 27.6029, -98.2378. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.60293, -98.23781 · 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
8,250 ft
1 wells filed one
Completion to plug
23.9 years
median over 1 wells

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 8,250 ft.

Completions filed
Dec 1995
1 of 1 wells
Plug dates filed
Nov 2019
1 of 1 wells

Last completion to plug: a median of 23.9 years across the 1 well that filed both dates, with the middle half between 23.9 years and 23.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-1313697638,250 ftDec 1995Nov 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 (291)

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

291 months

Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 201925055.302.75$1,383
Oct 20190053.472.42$0
Sep 20190055.052.66$0
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 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 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 201102192.904.64$97
May 20111736298.134.40$17,250
Apr 2011059105.964.33$256
Mar 201107196.364.06$288
Feb 201106285.644.18$259
Jan 2011027086.504.59$1,239
Dec 2010087485.734.35$3,800
Nov 2010051580.843.80$1,955
Oct 2010082878.103.51$2,905
Sep 2010098072.633.98$3,900
Aug 201001,06373.684.42$4,698
Jul 2010097072.554.74$4,594
Jun 201001,30270.364.91$6,393
May 201001,39071.124.24$5,887
Apr 201001,38781.694.12$5,718
Mar 2010531,27078.394.39$9,728
Feb 201019587073.585.44$19,083
Jan 20101811,97874.365.96$25,256
Dec 200902,17871.445.48$11,944
Nov 20091892,27074.593.75$22,613
Oct 200902,58872.544.11$10,637
Sep 200916572065.543.06$13,021
Aug 200917780767.423.22$14,531
Jul 2009051061.133.46$1,767
Jun 200914550166.163.90$11,545
May 200917887154.743.93$13,163
Apr 20091831,03446.773.59$12,268
Mar 20091601,36242.144.06$12,271
Feb 20091541,28132.814.63$10,988
Jan 200901,12235.865.37$6,026
Dec 20081811,24837.105.98$14,175
Nov 20081851,72355.496.86$22,086
Oct 20081701,42375.246.92$22,641
Sep 20081841,270101.767.88$28,728
Aug 20081793,612114.228.48$51,086
Jul 20081804,002131.0811.39$69,175
Jun 20082193,318131.3313.03$72,004
May 20082425,077123.1711.57$88,570
Apr 200801,323110.3110.45$13,832
Mar 200818990101.909.66$20,129
Feb 200804792.538.77$412
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 2007035591.677.29$2,589
Oct 20070082.856.92$0
Sep 200718214575.846.24$14,708
Aug 20071748169.066.39$12,534
Jul 200707370.906.39$466
Jun 200708162.007.55$611
May 2007158058.747.85$9,281
Apr 2007012559.617.81$976
Mar 200717927756.927.30$12,211
Feb 2007051255.108.22$4,207
Jan 200701,20550.306.73$8,106
Dec 2006163056.656.92$9,234
Nov 2006091854.207.62$6,993
Oct 200611987054.906.01$11,765
Sep 2006021260.085.04$1,068
Aug 200698068.717.34$6,734
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 200607764.397.36$567
Mar 2006022256.707.08$1,572
Feb 200614387657.597.75$15,025
Jan 2006019460.598.93$1,733
Dec 2005013654.9413.42$1,824
Nov 200517270154.6910.59$16,829
Oct 2005103058.3413.80$6,009
Sep 20051822,28061.4512.08$38,724
Aug 200516097261.519.80$19,364
Jul 200518190055.697.84$17,139
Jun 200502,14752.337.38$15,847
May 2005024845.226.65$1,649
Apr 20059178349.207.36$10,240
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 2004011745.286.33$741
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 200408342.375.55$461
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 2004013837.486.49$896
Apr 2004177034.475.86$6,101
Mar 20040034.365.53$0
Feb 200407832.455.51$430
Jan 2004017932.036.30$1,128
Dec 200307930.266.30$498
Nov 200307828.804.60$358
Oct 20031809028.174.76$5,499
Sep 2003038426.314.75$1,824
Aug 200317421629.765.13$6,286
Jul 2003036129.415.17$1,867
Jun 20030028.565.98$0
May 20031779326.595.97$5,262
Apr 20030026.675.41$0
Mar 200317720731.146.10$6,774
Feb 2003048733.487.93$3,860
Jan 20031791,21830.315.58$12,224
Dec 200201,19626.914.85$5,805
Nov 2002027824.664.14$1,150
Oct 200217068626.464.23$7,399
Sep 200201,17827.443.64$4,282
Aug 200201,05825.963.16$3,348
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 2002126022.003.10$2,772
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 2001163024.262.25$3,954
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 2001125024.563.82$3,070
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 2000027524.513.12$857
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 1999062324.282.42$1,510
Nov 1999032223.192.43$784
Oct 1999024420.982.80$684
Sep 1999022521.752.62$589
Aug 199917045919.262.88$4,594
Jul 1999025917.892.37$614
Jun 19990015.942.36$0
May 1999019015.792.32$441
Apr 1999050215.102.21$1,108
Mar 1999017512.471.84$322
Feb 199902499.981.82$453
Jan 1999016110.381.90$306
Dec 199801979.201.77$349
Nov 199804910.892.19$107
Oct 1998049212.421.97$969
Sep 19980012.592.08$0
Aug 1998015911.301.91$303
Jul 1998015211.742.24$340
Jun 1998020411.242.24$456
May 1998019812.622.21$437
Apr 19980013.042.51$0
Mar 1998028812.802.31$665
Feb 1998031813.952.30$731
Jan 199818642514.702.15$3,650
Dec 19970016.322.41$0
Nov 1997024218.193.09$747
Oct 199718461219.253.15$5,470
Sep 1997026817.742.95$792
Aug 1997331617.862.55$861
Jul 199709017.582.25$202
Jun 199716627617.242.26$3,485
May 1997521318.972.31$587
Apr 199718868617.882.08$4,790
Mar 19970118.951.94$2
Feb 19970120.492.21$2
Jan 199717744023.483.54$5,713
Dec 1996038523.32$0
Nov 1996056221.97$0
Oct 1996068723.31$0
Sep 199617568522.22$3,889
Aug 1996071020.26$0
Jul 1996078819.55$0
Jun 1996067418.73$0
May 199616174919.43$3,128
Apr 1996071621.51$0
Mar 19961851,03919.38$3,585
Feb 1996088516.98$0
Jan 19961801,00917.07$3,073
Dec 199501,01617.19$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.

Nov 2019 — as filed, then multipliedworked
Oil                   25 bbl  × $ 55.30 =     $1,383
Casinghead gas         0 Mcf  × $  2.75 =         $0

────────────────────────────────────────────────────
Month total                                   $1,383

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/12533 is the state's own key, not one this site invented.