SPENCER-KENT-CRANE

Operated by OMEGA ENERGY CORP. (P-5 622660) in the FULTON BEACH (A-4 MIOCENE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 849District 04Field 33297330OilCasinghead gasSaveExport
Value, all time
$702 k
Jan 1993 – Aug 2009
Value, last 12 filed months
$6 k
at the published price for each month
Months reported
200
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 11 wells, and the rule below applies to all of them.

Discovered
1952-02-20
as the register files it
Field class
Oil
the register's own label
Between wells
933 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres.

The Commission's schedule remark for this field reads: -52

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
OilDisposition29,427 bbl$702,020
Casinghead gasProduction10,980 Mcf$0
Total$702,020

10,980 Mcf of this lease's gas, across 16 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 (7)

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 28.1072, -97.0417. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.7 miles.

28.10715, -97.04098 · 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%
7 of 7 wells
With a plug date
57.1%
4 of 7 wells
Median depth
7,184 ft
4 wells filed one
Completion to plug
7.1 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
7100.0%
A plug date is filed
457.1%
BothOn the schedule and plugged. Neither fact cancels the other.
457.1%
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 5,292 and 7,970 ft, median 7,184 ft, over the 4 wells that filed a depth.

Completions filed
Feb 1983 – Dec 2010
3 of 7 wells; 4 filed none
Plug dates filed
Jun 1985 – Oct 2008
4 of 7 wells; 3 filed none

Last completion to plug: a median of 7.1 years across the 2 wells that filed both dates, with the middle half between 6.9 years and 7.2 years. A further 1 well is excluded, because the last completion the Commission holds for it is dated after the plug date. Both dates are the latest of their kind on the wellbore record and they are filed separately, so the two need not run in order. The gap is the distance between two filed dates — it is not a statement of how long the well produced.

7 wells

42-0070025417Yes
42-0070028618Yes
42-0070028719Yes
42-00700289215,292 ftJun 1985Yes
42-0070026337,970 ftDec 2010Oct 2008Yes
42-0070025587,193 ftSep 1983Jun 1990Yes
42-00700233107,175 ftFeb 1983Jun 1990Yes

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 (200)

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

200 months

Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 2009107054.743.93$5,857
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 2007267070.906.39$18,930
Jun 20070062.007.55$0
May 2007135058.747.85$7,930
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 200770050.306.73$3,521
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 2006137054.906.01$7,521
Sep 2006136060.085.04$8,171
Aug 20060068.717.34$0
Jul 2006136069.376.34$9,434
Jun 2006132066.286.38$8,749
May 2006137066.016.42$9,043
Apr 20060064.397.36$0
Mar 2006126056.707.08$7,144
Feb 20060057.597.75$0
Jan 2006135060.598.93$8,180
Dec 20050054.9413.42$0
Nov 2005133054.6910.59$7,274
Oct 2005130058.3413.80$7,584
Sep 2005268061.4512.08$16,469
Aug 20050061.519.80$0
Jul 2005270055.697.84$15,036
Jun 2005131052.337.38$6,855
May 2005233045.226.65$10,536
Apr 2005120049.207.36$5,904
Mar 2005267050.377.15$13,449
Feb 2005139045.226.31$6,286
Jan 2005278043.166.32$11,998
Dec 2004139039.866.75$5,541
Nov 20040045.286.33$0
Oct 2004167049.706.52$8,300
Sep 2004274043.245.28$11,848
Aug 20040042.375.55$0
Jul 2004278038.286.08$10,642
Jun 2004275036.106.43$9,928
May 2004278037.486.49$10,419
Apr 2004575034.475.86$19,820
Mar 2004269034.365.53$9,243
Feb 2004276032.455.51$8,956
Jan 2004266032.036.30$8,520
Dec 2003275030.266.30$8,322
Nov 2003128028.804.60$3,686
Oct 2003130028.174.76$3,662
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 2003128029.415.17$3,764
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 2003185026.675.41$4,934
Mar 20030031.146.10$0
Feb 2003285033.487.93$9,542
Jan 2003276030.315.58$8,366
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 20010016.932.36$0
Nov 20010018.072.41$0
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 200098029.304.40$2,871
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 1999118020.982.80$2,476
Sep 1999182021.752.62$3,959
Aug 19990019.262.88$0
Jul 1999145017.892.37$2,594
Jun 19990015.942.36$0
May 1999356015.792.32$5,621
Apr 1999189015.102.21$2,854
Mar 1999183012.471.84$2,282
Feb 199936309.981.82$3,623
Jan 1999392010.381.90$4,069
Dec 199821809.201.77$2,006
Nov 1998308010.892.19$3,354
Oct 1998119012.421.97$1,478
Sep 1998166012.592.08$2,090
Aug 1998347011.301.91$3,921
Jul 1998351011.742.24$4,121
Jun 1998353011.242.24$3,968
May 1998167012.622.21$2,108
Apr 1998378013.042.51$4,929
Mar 1998356012.802.31$4,557
Feb 1998357013.952.30$4,980
Jan 1998368014.702.15$5,410
Dec 1997348016.322.41$5,679
Nov 1997358018.193.09$6,512
Oct 1997322019.253.15$6,199
Sep 1997364017.742.95$6,457
Aug 19970017.862.55$0
Jul 1997169017.582.25$2,971
Jun 1997168017.242.26$2,896
May 1997176018.972.31$3,339
Apr 1997353017.882.08$6,312
Mar 1997451018.951.94$8,546
Feb 1997359020.492.21$7,356
Jan 1997484023.483.54$11,364
Dec 19960023.32$0
Nov 1996245021.97$5,383
Oct 1996178023.31$4,149
Sep 1996351022.22$7,799
Aug 1996183020.26$3,708
Jul 1996465019.55$9,091
Jun 1996162018.73$3,034
May 19960019.43$0
Apr 1996360021.51$7,744
Mar 1996366019.38$7,093
Feb 199637415716.98$6,351
Jan 199635220917.07$6,009
Dec 199556960417.19$9,781
Nov 199536333616.00$5,808
Oct 199538040815.43$5,863
Sep 199572052216.18$11,650
Aug 199556832615.92$9,043
Jul 199553342515.24$8,123
Jun 199554625216.41$8,960
May 199553745717.56$9,430
Apr 1995688017.73$12,198
Mar 1995590016.44$9,700
Feb 1995572016.58$9,484
Jan 1995733015.92$11,669
Dec 1994380015.03$5,711
Nov 1994548015.90$8,713
Oct 19940015.58$0
Sep 19940015.29$0
Aug 19940016.13$0
Jul 19940017.56$0
Jun 19940017.09$0
May 199483015.88$1,318
Apr 19940014.14$0
Mar 19940012.46$0
Feb 199428012.50$350
Jan 199453012.66$671
Dec 19930012.33$0
Nov 19930014.49$0
Oct 19930015.85$0
Sep 19930015.03$0
Aug 19930015.66$0
Jul 1993015115.46$0
Jun 19930016.79$0
May 199331622117.68$5,587
Apr 199336566718.05$6,588
Mar 19933571,18518.14$6,476
Feb 19933481,70017.90$6,229
Jan 19933573,36016.93$6,044

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.

May 2009 — as filed, then multipliedworked
Oil                  107 bbl  × $ 54.74 =     $5,857
Casinghead gas         0 Mcf  × $  3.93 =         $0

────────────────────────────────────────────────────
Month total                                   $5,857

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/849 is the state's own key, not one this site invented.