ARMSTRONG, C. M.

Operated by HEADINGTON OIL COMPANY, L.P. (P-5 370064) in the CANDELARIA (I-60 SAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 7553District 04Field 15261646NGPA filingOilCasinghead gasSaveExport
Value, all time
$490 k
Jan 1993 – Nov 2004
Value, last 12 filed months
$0
at the published price for each month
Months reported
143
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 1 leases and 2 wells, and the rule below applies to all of them.

Discovered
1956-02-18
as the register files it
Field class
Oil
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: CANDELARIA (CONSOLIDATED) 15261-017

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
OilDisposition22,604 bbl$406,948
Casinghead gasProduction60,777 Mcf$83,305
Total$490,253

34,077 Mcf of this lease's gas, across 41 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 (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 26.9438, -97.8420. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

26.94378, -97.84202 · 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
9,418 ft
2 wells filed one
Completion to plug
9.0 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 9,070 and 9,765 ft, median 9,418 ft, over the 2 wells that filed a depth.

Completions filed
Apr 1992 – Apr 1999
2 of 2 wells
Plug dates filed
Oct 2004
2 of 2 wells

Last completion to plug: a median of 9.0 years across the 2 wells that filed both dates, with the middle half between 7.3 years and 10.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-2613053658 F9,070 ftApr 1999Oct 2004Yes
42-2610043923 D9,765 ftApr 1992Oct 2004Yes

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 (143)

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

143 months

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 20023025.963.16$78
Jul 200224024.583.06$590
Jun 2002138023.733.34$3,275
May 2002165024.663.58$4,069
Apr 200223023.653.51$544
Mar 200244022.003.10$968
Feb 200243018.222.38$783
Jan 200279017.172.38$1,356
Dec 20015441216.932.36$1,888
Nov 200192018.072.41$1,662
Oct 2001973119.782.53$1,997
Sep 2001150024.262.25$3,639
Aug 2001173024.873.05$4,303
Jul 2001107023.933.20$2,561
Jun 2001219024.563.82$5,379
May 2001156025.524.31$3,981
Apr 20011251,20824.685.34$9,530
Mar 20015751924.545.38$4,189
Feb 20018657127.755.77$5,680
Jan 2001131027.478.40$3,599
Dec 20005628726.889.12$4,123
Nov 20009067832.215.66$6,735
Oct 200011180531.235.15$7,609
Sep 200011929431.875.19$5,317
Aug 2000160029.644.54$4,742
Jul 200011199728.534.09$7,244
Jun 200017296229.304.40$9,270
May 200019157327.263.68$7,315
Apr 200024422724.513.12$6,688
Mar 200020523528.422.86$6,498
Feb 200011261827.622.73$4,778
Jan 200020158725.272.48$6,535
Dec 1999149024.282.42$3,618
Nov 199918032023.192.43$4,953
Oct 199916843820.982.80$4,753
Sep 199913625721.752.62$3,631
Aug 199913127619.262.88$3,317
Jul 199917035817.892.37$3,891
Jun 199914497815.942.36$4,605
May 199925111115.792.32$4,221
Apr 199912842115.102.21$2,862
Mar 19993422612.471.84$839
Feb 19991731759.981.82$2,045
Jan 199922726710.381.90$2,864
Dec 1998216249.201.77$2,030
Nov 199828410010.892.19$3,311
Oct 19982024412.421.97$2,595
Sep 19982457412.592.08$3,239
Aug 199822960011.301.91$3,732
Jul 199822024111.742.24$3,122
Jun 199824368111.242.24$4,255
May 199825543312.622.21$4,173
Apr 199827334713.042.51$4,429
Mar 199820342312.802.31$3,575
Feb 199825356913.952.30$4,838
Jan 1998264014.702.15$3,881
Dec 1997323016.322.41$5,271
Nov 199723429218.193.09$5,158
Oct 19973531,74819.253.15$12,301
Sep 19972671,38917.742.95$8,841
Aug 19972371,20117.862.55$7,301
Jul 199718282417.582.25$5,051
Jun 19971431,22617.242.26$5,233
May 199712258218.972.31$3,658
Apr 19971151,54317.882.08$5,270
Mar 19971261,48618.951.94$5,269
Feb 1997200020.492.21$4,098
Jan 19971684223.483.54$4,093
Dec 1996165023.32$3,848
Nov 1996216021.97$4,746
Oct 1996216023.31$5,035
Sep 1996250022.22$5,555
Aug 1996273020.26$5,531
Jul 1996147019.55$2,874
Jun 1996242018.73$4,533
May 199623296019.43$4,508
Apr 199622078321.51$4,732
Mar 19962204419.38$4,264
Feb 199619423116.98$3,294
Jan 199624715317.07$4,216
Dec 19952701,27417.19$4,641
Nov 199530575516.00$4,880
Oct 199527369215.43$4,212
Sep 199529362516.18$4,741
Aug 19952901,25015.92$4,617
Jul 199529295215.24$4,450
Jun 199528062816.41$4,595
May 19952921,54617.56$5,128
Apr 19952592,39617.73$4,592
Mar 199532644216.44$5,359
Feb 199526751016.58$4,427
Jan 199522362715.92$3,550
Dec 199427190615.03$4,073
Nov 199436064615.90$5,724
Oct 19942142,21715.58$3,334
Sep 19942521,24015.29$3,853
Aug 199424964116.13$4,016
Jul 199425349417.56$4,443
Jun 199424990717.09$4,255
May 199423577815.88$3,732
Apr 199422965314.14$3,238
Mar 199419458912.46$2,417
Feb 199414128012.50$1,763
Jan 199414043412.66$1,772
Dec 199322038912.33$2,713
Nov 199324970914.49$3,608
Oct 199326082915.85$4,121
Sep 19932531,18815.03$3,803
Aug 199322580415.66$3,524
Jul 199319987815.46$3,077
Jun 199325351216.79$4,248
May 199322853917.68$4,031
Apr 199322773718.05$4,097
Mar 199327052218.14$4,898
Feb 19932421,11317.90$4,332
Jan 19932132,20416.93$3,606

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.

Aug 2002 — as filed, then multipliedworked
Oil                    3 bbl  × $ 25.96 =        $78
Casinghead gas         0 Mcf  × $  3.16 =         $0

────────────────────────────────────────────────────
Month total                                      $78

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/7553 is the state's own key, not one this site invented.