CRANE, M. E.

Operated by KC RESOURCES, INC. (P-5 452681) in the TAFT, EAST field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 3140District 04Field 88121001OilCasinghead gasSaveExport
Value, all time
$77 k
Jan 1993 – May 2002
Value, last 12 filed months
$1 k
at the published price for each month
Months reported
113
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 4 leases and 7 wells, and the rule below applies to all of them.

Discovered
1946-09-09
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 1948-05-10.

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
OilDisposition4,355 bbl$76,971
Casinghead gasProduction17 Mcf$0
Total$76,971

17 Mcf of this lease's gas, across 17 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 (3)

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 28.0561, -97.3268. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles. 1 well has no surveyed location and is left out of it.

28.05609, -97.32676 · centre of 2 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%
3 of 3 wells
With a plug date
66.7%
2 of 3 wells
Median depth
5,582 ft
3 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
3100.0%
A plug date is filed
266.7%
BothOn the schedule and plugged. Neither fact cancels the other.
266.7%
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 5,582 and 5,590 ft, median 5,582 ft, over the 3 wells that filed a depth.

Completions filed
Apr 1972
1 of 3 wells; 2 filed none
Plug dates filed
Nov 2001
2 of 3 wells; 1 filed none

3 wells

42-4090210025,590 ftNov 2001Yes
42-4090210335,582 ftNov 2001Yes
42-409805643WD5,582 ftApr 1972Yes

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 (113)

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

113 months

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 20010016.932.36$0
Nov 200156018.072.41$1,012
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
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 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 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 19980013.042.51$0
Mar 19980012.802.31$0
Feb 1998159013.952.30$2,218
Jan 19980014.702.15$0
Dec 199780016.322.41$1,306
Nov 19970018.193.09$0
Oct 1997163019.253.15$3,138
Sep 19970017.742.95$0
Aug 199782017.862.55$1,465
Jul 19970017.582.25$0
Jun 19970017.242.26$0
May 1997163018.972.31$3,092
Apr 199779017.882.08$1,413
Mar 19970018.951.94$0
Feb 19970020.492.21$0
Jan 199780023.483.54$1,878
Dec 199679023.32$1,842
Nov 199679021.97$1,736
Oct 199680023.31$1,865
Sep 1996314022.22$6,977
Aug 19960020.26$0
Jul 1996238019.55$4,653
Jun 1996156018.73$2,922
May 1996163019.43$3,167
Apr 1996156021.51$3,356
Mar 199676019.38$1,473
Feb 199685016.98$1,443
Jan 19960017.07$0
Dec 19950017.19$0
Nov 19950016.00$0
Oct 199583015.43$1,281
Sep 1995157016.18$2,540
Aug 19950015.92$0
Jul 199580015.24$1,219
Jun 19950016.41$0
May 19950017.56$0
Apr 19950017.73$0
Mar 19950016.44$0
Feb 199579016.58$1,310
Jan 199578015.92$1,242
Dec 199478015.03$1,172
Nov 199479015.90$1,256
Oct 1994161015.58$2,508
Sep 199478015.29$1,193
Aug 199478116.13$1,258
Jul 19940117.56$0
Jun 199481117.09$1,384
May 19940015.88$0
Apr 19940114.14$0
Mar 19940112.46$0
Feb 1994236112.50$2,950
Jan 19940112.66$0
Dec 199381112.33$999
Nov 19930114.49$0
Oct 1993159115.85$2,520
Sep 19930115.03$0
Aug 1993160115.66$2,506
Jul 1993161115.46$2,489
Jun 199384116.79$1,410
May 19930117.68$0
Apr 1993154118.05$2,780
Mar 19930118.14$0
Feb 19930017.90$0
Jan 19930016.93$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 2001 — as filed, then multipliedworked
Oil                   56 bbl  × $ 18.07 =     $1,012
Casinghead gas         0 Mcf  × $  2.41 =         $0

────────────────────────────────────────────────────
Month total                                   $1,012

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/3140 is the state's own key, not one this site invented.