FLOERKE, ROY

Operated by VIRTEX OPERATING COMPANY, INC. (P-5 886261) in the MIDWAY field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 12979District 04Field 61154001OilCasinghead gasSaveExport
Value, all time
$596 k
Sep 2000 – Feb 2009
Value, last 12 filed months
$0
at the published price for each month
Months reported
102
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 18 leases and 34 wells, and the rule below applies to all of them.

Discovered
1937-04-18
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 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 1947-07-28.

The Commission's schedule remark for this field reads: FIELD RULES AMENDED 7-28-47, PER DOC. NO. 04-11036 EFF 7-28-47.

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
OilDisposition18,331 bbl$530,299
Casinghead gasProduction13,760 Mcf$65,960
Total$596,259

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 27.9526, -97.3873. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

27.95263, -97.38733 · 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%
2 of 2 wells
With a plug date
100.0%
2 of 2 wells
Median depth
6,757 ft
2 wells filed one
Completion to plug
8.1 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
2100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
2100.0%
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

Between 6,710 and 6,803 ft, median 6,757 ft, over the 2 wells that filed a depth.

Completions filed
Sep 2000 – Dec 2000
2 of 2 wells
Plug dates filed
Nov 2008
2 of 2 wells

Last completion to plug: a median of 8.1 years across the 2 wells that filed both dates, with the middle half between 8.0 years and 8.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-4093263926,803 ftDec 2000Nov 2008Yes
42-4093263416,710 ftSep 2000Nov 2008Yes

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 (102)

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

102 months

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 200766050.306.73$3,320
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 2006175068.717.34$12,024
Jul 20060069.376.34$0
Jun 2006176066.286.38$11,665
May 20060066.016.42$0
Apr 2006175064.397.36$11,268
Mar 2006169056.707.08$9,582
Feb 2006119057.597.75$6,853
Jan 20060060.598.93$0
Dec 2005345054.9413.42$18,954
Nov 2005174054.6910.59$9,516
Oct 20050058.3413.80$0
Sep 2005169061.4512.08$10,385
Aug 20050061.519.80$0
Jul 2005175055.697.84$9,746
Jun 2005175052.337.38$9,158
May 20050045.226.65$0
Apr 2005171049.207.36$8,413
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 2005175043.166.32$7,553
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 2004175042.375.55$7,415
Jul 2004176038.286.08$6,737
Jun 20040036.106.43$0
May 2004164037.486.49$6,147
Apr 20040034.475.86$0
Mar 2004173034.365.53$5,944
Feb 2004173032.455.51$5,614
Jan 2004175032.036.30$5,605
Dec 20030030.266.30$0
Nov 2003170028.804.60$4,896
Oct 2003174028.174.76$4,902
Sep 20030026.314.75$0
Aug 2003171029.765.13$5,089
Jul 2003346029.415.17$10,176
Jun 2003176028.565.98$5,027
May 2003177026.595.97$4,706
Apr 2003170026.675.41$4,534
Mar 2003174031.146.10$5,418
Feb 2003275033.487.93$9,207
Jan 2003337030.315.58$10,214
Dec 2002176026.914.85$4,736
Nov 2002178024.664.14$4,389
Oct 2002174026.464.23$4,604
Sep 2002179027.443.64$4,912
Aug 2002498025.963.16$12,928
Jul 20020024.583.06$0
Jun 200253041323.733.34$13,956
May 200252936224.663.58$14,343
Apr 200253837923.653.51$14,055
Mar 200272254922.003.10$17,587
Feb 200288457118.222.38$17,463
Jan 200271955217.172.38$13,657
Dec 200118618016.932.36$3,575
Nov 200134615418.072.41$6,623
Oct 200167121819.782.53$13,824
Sep 200118616524.262.25$4,884
Aug 20017038924.873.05$17,755
Jul 200133929823.933.20$9,065
Jun 200183825024.563.82$21,537
May 20011,18155825.524.31$32,543
Apr 20011,0622,66124.685.34$40,407
Mar 20011,4795,00924.545.38$63,225
Feb 2001041627.755.77$2,399
Jan 20010027.478.40$0
Dec 200074373626.889.12$26,686
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 2000020031.875.19$1,037

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 2007 — as filed, then multipliedworked
Oil                   66 bbl  × $ 50.30 =     $3,320
Casinghead gas         0 Mcf  × $  6.73 =         $0

────────────────────────────────────────────────────
Month total                                   $3,320

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/12979 is the state's own key, not one this site invented.