ARCHER HEIRS

Operated by LEHNERTZ-FAULKNER, INC. (P-5 495689) in the OLETHA (TRAVIS PEAK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 154271District 05Field 67102620CondensateGasSave
Value, all time
$84 k
Feb 1995 – Aug 2000
Value, last 12 filed months
$7 k
at the published price for each month
Months reported
67
no gaps in the span
Streams
2
condensate, gas

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
CondensateDisposition1,529 bbl$28,444
GasProduction48,026 Mcf$55,350
Total$83,795

23,554 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 (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 31.3824, -96.4147. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.38238, -96.41468 · 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
100.0%
1 of 1 wells
Median depth
8,015 ft
1 wells filed one
Completion to plug
5.5 years
median over 1 wells

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
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 8,015 ft.

Completions filed
Feb 1995
1 of 1 wells
Plug dates filed
Aug 2000
1 of 1 wells

Last completion to plug: a median of 5.5 years across the 1 well that filed both dates, with the middle half between 5.5 years and 5.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2933108118,015 ftFeb 1995Aug 2000Yes

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 (67)

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

67 months

Aug 2000187029.644.54$5,543
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 199904220.982.80$118
Sep 1999036321.752.62$951
Aug 1999059219.262.88$1,702
Jul 1999061717.892.37$1,464
Jun 1999043315.942.36$1,023
May 199918947115.792.32$4,078
Apr 1999047115.102.21$1,040
Mar 1999047212.471.84$868
Feb 199904739.981.82$860
Jan 1999055710.381.90$1,058
Dec 199801,7079.201.77$3,027
Nov 199801,44610.892.19$3,161
Oct 199801,16212.421.97$2,288
Sep 1998059712.592.08$1,243
Aug 19981811,09411.301.91$4,132
Jul 199801,10411.742.24$2,470
Jun 199811,19911.242.24$2,694
May 1998097212.622.21$2,145
Apr 199801,19513.042.51$2,994
Mar 19981881,33812.802.31$5,496
Feb 199811,37213.952.30$3,168
Jan 199811,56714.702.15$3,391
Dec 1997110516.322.41$269
Nov 19970018.193.09$0
Oct 19970019.253.15$0
Sep 19970017.742.95$0
Aug 19970017.862.55$0
Jul 199707517.582.25$169
Jun 1997082717.242.26$1,867
May 1997058918.972.31$1,360
Apr 1997093617.882.08$1,949
Mar 1997089318.951.94$1,732
Feb 1997019120.492.21$421
Jan 19971791,61223.483.54$9,909
Dec 199601,38023.32$0
Nov 199601,45721.97$0
Oct 199601,61423.31$0
Sep 199601,59122.22$0
Aug 199601,35820.26$0
Jul 19961871,05419.55$3,656
Jun 199601,21118.73$0
May 199601,63119.43$0
Apr 199601,74621.51$0
Mar 19961812,17619.38$3,508
Feb 199602,50016.98$0
Jan 1996062417.07$0
Dec 19950017.19$0
Nov 19950016.00$0
Oct 19950015.43$0
Sep 199557016.18$922
Aug 19950015.92$0
Jul 19950015.24$0
Jun 19950016.41$0
May 199501,36017.56$0
Apr 19951761,54417.73$3,120
Mar 199501,75216.44$0
Feb 1995055616.58$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.

Aug 2000 — as filed, then multipliedworked
Condensate           187 bbl  × $ 29.64 =     $5,543
Gas                    0 Mcf  × $  4.54 =         $0

────────────────────────────────────────────────────
Month total                                   $5,543

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. 05/G/154271 is the state's own key, not one this site invented.