TEXACO FEE-GUERRA "C" #1

Operated by LEGEND NATURAL GAS III, LP (P-5 495553) in the ROMA field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 12681District 04Field 78015001OilCasinghead gasSaveExport
Value, all time
$1.4 M
Jun 1997 – Oct 2013
Value, last 12 filed months
$0
at the published price for each month
Months reported
197
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 24 leases and 29 wells, and the rule below applies to all of them.

Discovered
1929-12-31
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 40 acres. The field rule took effect on 1977-06-27.

The Commission's schedule remark for this field reads: NGOR - 2500 MCF - LEGAL USE

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
OilDisposition74,348 bbl$1,305,247
Casinghead gasProduction28,000 Mcf$79,873
Total$1,385,121

Wells on this lease (2)

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 26.4547, -99.0520. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.6 miles.

26.45466, -99.05204 · 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
50.0%
1 of 2 wells
With a plug date
50.0%
1 of 2 wells
Median depth
5,105 ft
2 wells filed one
Completion to plug
8.6 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
150.0%
A plug date is filed
150.0%
BothOn the schedule and plugged. Neither fact cancels the other.
150.0%
NeitherNo plug date, and not on the schedule.
150.0%

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 5,100 and 5,110 ft, median 5,105 ft, over the 2 wells that filed a depth.

Completions filed
Feb 2000 – Oct 2004
2 of 2 wells
Plug dates filed
May 2013
1 of 2 wells; 1 filed none

Last completion to plug: a median of 8.6 years across the 1 well that filed both dates, with the middle half between 8.6 years and 8.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-4273298015,110 ftOct 2004May 2013Yes
42-427330194 C5,100 ftFeb 2000

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 (197)

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

197 months

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 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
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 20020017.172.38$0
Dec 200141416.932.36$704
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 200117624.873.05$441
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 200101927.755.77$110
Jan 20011212227.478.40$1,354
Dec 200066285326.889.12$25,576
Nov 200030055332.215.66$12,792
Oct 20007966331.235.15$5,879
Sep 20001,20917431.875.19$39,433
Aug 20001,36434029.644.54$41,973
Jul 20001,19547128.534.09$36,020
Jun 20001,39062229.304.40$43,462
May 20001,05548727.263.68$30,551
Apr 20001,22276924.513.12$32,347
Mar 20001,47677628.422.86$44,167
Feb 20001,51389827.622.73$44,237
Jan 20001,74292225.272.48$46,307
Dec 19991,61970524.282.42$41,018
Nov 19991,55994423.192.43$38,451
Oct 19991,5991,05720.982.80$36,511
Sep 19991,67889321.752.62$38,835
Aug 19991,7021,02319.262.88$35,722
Jul 19991,8261,14917.892.37$35,393
Jun 19991,8851,34415.942.36$33,222
May 19991,93990115.792.32$32,708
Apr 19991,9581,28415.102.21$32,401
Mar 19992,22593012.471.84$29,455
Feb 19992,1748609.981.82$23,260
Jan 199951528110.381.90$5,880
Dec 19981,7171,0109.201.77$17,587
Nov 19981,77486510.892.19$21,210
Oct 19982,46277812.421.97$32,110
Sep 19982,05169312.592.08$27,265
Aug 19982,02770111.301.91$24,242
Jul 19982,09175111.742.24$26,229
Jun 19982,27371711.242.24$27,153
May 19982,33175012.622.21$31,072
Apr 19982,40586513.042.51$33,528
Mar 19982,37477012.802.31$32,165
Feb 19982,18178913.952.30$32,239
Jan 19982,23326114.702.15$33,388
Dec 19971,504016.322.41$24,545
Nov 19972,378018.193.09$43,256
Oct 19972,378019.253.15$45,777
Sep 19972,537017.742.95$45,006
Aug 19972,388017.862.55$42,650
Jul 19972,368017.582.25$41,629
Jun 1997920017.242.26$15,861

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.

Dec 2001 — as filed, then multipliedworked
Oil                   41 bbl  × $ 16.93 =       $694
Casinghead gas         4 Mcf  × $  2.36 =         $9

────────────────────────────────────────────────────
Month total                                     $704

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/12681 is the state's own key, not one this site invented.