SPEER, GEO. H. STATE -D-

Operated by KERR-MCGEE OIL & GAS ONSHORE LP (P-5 457807) in the LYDA (VICKSBURG LOWER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 13232District 04Field 55878300OilCasinghead gasSaveExport
Value, all time
$131 k
Jun 2004 – Jul 2008
Value, last 12 filed months
$0
at the published price for each month
Months reported
50
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 64 leases and 64 wells, and the rule below applies to all of them.

Discovered
1994-06-27
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2012-04-24.

The Commission's schedule remark for this field reads: RESERVOIRS OF THE LYDA FIELD INTO THIS FIELD.

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
OilDisposition2,500 bbl$111,753
Casinghead gasProduction2,911 Mcf$19,072
Total$130,825

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 26.6441, -98.4938. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.64415, -98.49376 · 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
0.0%
0 of 1 wells
Median depth
8,550 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
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 8,550 ft.

Completions filed
Mar 2008
1 of 1 wells

1 well

42-4273321168,550 ftMar 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 (50)

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

50 months

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 20069054.207.62$488
Oct 200602954.906.01$174
Sep 20060060.085.04$0
Aug 200682968.717.34$763
Jul 200602969.376.34$184
Jun 200683766.286.38$766
May 20060066.016.42$0
Apr 200643664.397.36$523
Mar 2006743056.707.08$4,408
Feb 20060057.597.75$0
Jan 20061952160.598.93$12,003
Dec 200502654.9413.42$349
Nov 2005195054.6910.59$10,665
Oct 200502458.3413.80$331
Sep 2005281761.4512.08$1,926
Aug 2005223161.519.80$1,657
Jul 2005228455.697.84$1,884
Jun 2005224052.337.38$1,447
May 2005377745.226.65$2,185
Apr 2005147349.207.36$1,226
Mar 2005626650.377.15$3,595
Feb 2005268445.226.31$1,706
Jan 2005959143.166.32$4,676
Dec 200422518739.866.75$10,231
Nov 200413613645.286.33$7,019
Oct 200408749.706.52$567
Sep 200419420743.245.28$9,482
Aug 200440328642.375.55$18,663
Jul 200419445538.286.08$10,195
Jun 200452772936.106.43$23,714

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 2006 — as filed, then multipliedworked
Oil                    9 bbl  × $ 54.20 =       $488
Casinghead gas         0 Mcf  × $  7.62 =         $0

────────────────────────────────────────────────────
Month total                                     $488

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/13232 is the state's own key, not one this site invented.