FREEMAN, L. V. 208

Name: FREEMAN, L. V. 208 lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by UNION OIL COMPANY OF CALIFORNIA (P-5 876520) in the VAN field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 1167District 05Field 93042001Hydrogen sulphide fieldOilCasinghead gasSave Export

Value, all time

$1.1 M

Jan 1993 – Nov 2015

Value, last 12 filed months

at the published price for each month

Months reported

275

no gaps in the span

Streams

oil, casinghead gas

The VAN field

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 130 leases and 710 wells, and the rule below applies to all of them.

Discovered

1929-12-31

as the register files it

Field class

Oil and gas

the register's own label

Between wells

400 ft

minimum

From a lease line

200 ft

minimum

A drilling unit in this field needs at least 7 acres. The field rule took effect on 1989-03-13.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: “AMENDED RULES ESTABLISH NO TOLERANCE ACRES & 1300' DIAG. LIMIT”

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.

Stream	Basis	Volume	Value
Oil	Disposition	29,804 bbl	$1,097,858
Casinghead gas	Production	7,313 Mcf	$36,933
Total			$1,134,791

42 Mcf of this lease's gas, across 42 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 (5)

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 32.5309, -95.6229. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

32.53085, -95.62304 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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%

5 of 5 wells

With a plug date

100.0%

5 of 5 wells

Median depth

2,998 ft

5 wells filed one

Completion to plug

—

no well filed both dates

What the state filed about each well

On the RRC proration schedule

5100.0%

A plug date is filed

5100.0%

BothOn the schedule and plugged. Neither fact cancels the other.

5100.0%

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 2,948 and 3,100 ft, median 2,998 ft, over the 5 wells that filed a depth.

Plug dates filed

May 1995 – Oct 2015

5 of 5 wells

5 wells


42-46700648	5	2,998 ft	—	Sep 2003	Yes
42-46700650	3	3,100 ft	—	Dec 2007	Yes
42-46700651	2	2,998 ft	—	May 1995	Yes
42-46701257	1	2,948 ft	—	Nov 2008	Yes
42-46780053	4	3,058 ft	—	Oct 2015	Yes

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 (275)

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

275 months


Nov 2015	0	0	38.79	2.17	$0
Oct 2015	0	0	43.55	2.43	$0
Sep 2015	0	0	42.99	2.76	$0
Aug 2015	0	0	40.16	2.87	$0
Jul 2015	0	0	48.15	2.95	$0
Jun 2015	0	0	56.15	2.88	$0
May 2015	0	0	55.21	2.96	$0
Apr 2015	0	0	49.82	2.71	$0
Mar 2015	0	0	42.89	2.93	$0
Feb 2015	0	0	44.66	2.98	$0
Jan 2015	0	0	43.43	3.10	$0
Dec 2014	0	0	54.69	3.59	$0
Nov 2014	0	0	70.46	4.25	$0
Oct 2014	0	0	78.30	3.90	$0
Sep 2014	0	0	86.16	4.05	$0
Aug 2014	0	0	89.39	4.04	$0
Jul 2014	0	0	96.56	4.18	$0
Jun 2014	0	0	98.16	4.74	$0
May 2014	0	0	94.73	4.73	$0
Apr 2014	0	0	95.94	4.81	$0
Mar 2014	0	0	95.89	5.06	$0
Feb 2014	0	0	97.40	6.19	$0
Jan 2014	0	0	90.40	4.86	$0
Dec 2013	0	0	91.82	4.35	$0
Nov 2013	0	0	88.85	3.74	$0
Oct 2013	14	10	97.42	3.78	$1,402
Sep 2013	35	10	104.11	3.72	$3,681
Aug 2013	63	2	104.25	3.52	$6,575
Jul 2013	72	9	102.52	3.72	$7,415
Jun 2013	45	2	94.40	3.93	$4,256
May 2013	36	2	94.83	4.15	$3,422
Apr 2013	34	26	93.96	4.28	$3,306
Mar 2013	36	20	93.62	3.91	$3,449
Feb 2013	16	0	91.23	3.42	$1,460
Jan 2013	50	0	91.60	3.42	$4,580
Dec 2012	123	1	86.77	3.42	$10,676
Nov 2012	19	3	86.95	3.62	$1,663
Oct 2012	24	3	89.38	3.40	$2,155
Sep 2012	43	9	94.67	2.92	$4,097
Aug 2012	50	22	92.66	2.91	$4,697
Jul 2012	27	12	85.13	3.02	$2,335
Jun 2012	8	3	79.82	2.52	$646
May 2012	9	9	91.61	2.49	$847
Apr 2012	3	6	101.65	2.00	$317
Mar 2012	5	0	105.05	2.22	$525
Feb 2012	16	16	101.10	2.57	$1,659
Jan 2012	26	13	98.09	2.73	$2,586
Dec 2011	30	25	96.87	3.24	$2,987
Nov 2011	23	21	95.72	3.31	$2,271
Oct 2011	53	27	84.98	3.65	$4,602
Sep 2011	173	14	83.62	3.99	$14,522
Aug 2011	169	30	83.40	4.15	$14,219
Jul 2011	24	23	94.14	4.52	$2,363
Jun 2011	6	21	92.90	4.64	$655
May 2011	17	11	98.13	4.40	$1,717
Apr 2011	22	8	105.96	4.33	$2,366
Mar 2011	57	18	96.36	4.06	$5,566
Feb 2011	49	24	85.64	4.18	$4,297
Jan 2011	91	36	86.50	4.59	$8,037
Dec 2010	11	39	85.73	4.35	$1,113
Nov 2010	7	39	80.84	3.80	$714
Oct 2010	29	13	78.10	3.51	$2,311
Sep 2010	54	17	72.63	3.98	$3,990
Aug 2010	63	37	73.68	4.42	$4,805
Jul 2010	84	51	72.55	4.74	$6,336
Jun 2010	114	44	70.36	4.91	$8,237
May 2010	95	46	71.12	4.24	$6,951
Apr 2010	96	40	81.69	4.12	$8,007
Mar 2010	93	21	78.39	4.39	$7,382
Feb 2010	74	17	73.58	5.44	$5,537
Jan 2010	91	19	74.36	5.96	$6,880
Dec 2009	86	19	71.44	5.48	$6,248
Nov 2009	83	42	74.59	3.75	$6,349
Oct 2009	75	45	72.54	4.11	$5,625
Sep 2009	75	37	65.54	3.06	$5,029
Aug 2009	117	21	67.42	3.22	$7,956
Jul 2009	147	18	61.13	3.46	$9,048
Jun 2009	102	17	66.16	3.90	$6,815
May 2009	94	33	54.74	3.93	$5,275
Apr 2009	76	33	46.77	3.59	$3,673
Mar 2009	110	41	42.14	4.06	$4,802
Feb 2009	64	26	32.81	4.63	$2,220
Jan 2009	83	29	35.86	5.37	$3,132
Dec 2008	111	13	37.10	5.98	$4,196
Nov 2008	114	27	55.49	6.86	$6,511
Oct 2008	127	21	75.24	6.92	$9,701
Sep 2008	163	27	101.76	7.88	$16,800
Aug 2008	132	20	114.22	8.48	$15,247
Jul 2008	131	25	131.08	11.39	$17,456
Jun 2008	140	21	131.33	13.03	$18,660
May 2008	131	37	123.17	11.57	$16,564
Apr 2008	147	29	110.31	10.45	$16,519
Mar 2008	144	0	101.90	9.66	$14,674
Feb 2008	148	0	92.53	8.77	$13,694
Jan 2008	114	0	90.38	8.21	$10,303
Dec 2007	117	2	88.33	7.30	$10,349
Nov 2007	145	3	91.67	7.29	$13,314
Oct 2007	155	4	82.85	6.92	$12,869
Sep 2007	161	15	75.84	6.24	$12,304
Aug 2007	145	16	69.06	6.39	$10,116
Jul 2007	107	0	70.90	6.39	$7,586
Jun 2007	101	13	62.00	7.55	$6,360
May 2007	140	16	58.74	7.85	$8,349
Apr 2007	129	5	59.61	7.81	$7,729
Mar 2007	127	0	56.92	7.30	$7,229
Feb 2007	121	1	55.10	8.22	$6,675
Jan 2007	130	1	50.30	6.73	$6,546
Dec 2006	140	1	56.65	6.92	$7,938
Nov 2006	82	33	54.20	7.62	$4,696
Oct 2006	47	27	54.90	6.01	$2,743
Sep 2006	119	0	60.08	5.04	$7,150
Aug 2006	123	0	68.71	7.34	$8,451
Jul 2006	125	0	69.37	6.34	$8,671
Jun 2006	125	0	66.28	6.38	$8,285
May 2006	131	0	66.01	6.42	$8,647
Apr 2006	96	31	64.39	7.36	$6,410
Mar 2006	111	28	56.70	7.08	$6,492
Feb 2006	110	75	57.59	7.75	$6,916
Jan 2006	111	81	60.59	8.93	$7,449
Dec 2005	89	81	54.94	13.42	$5,976
Nov 2005	93	83	54.69	10.59	$5,965
Oct 2005	99	83	58.34	13.80	$6,921
Sep 2005	97	122	61.45	12.08	$7,434
Aug 2005	104	95	61.51	9.80	$7,328
Jul 2005	84	80	55.69	7.84	$5,305
Jun 2005	86	80	52.33	7.38	$5,091
May 2005	115	86	45.22	6.65	$5,772
Apr 2005	111	97	49.20	7.36	$6,175
Mar 2005	105	77	50.37	7.15	$5,840
Feb 2005	102	64	45.22	6.31	$5,016
Jan 2005	102	59	43.16	6.32	$4,775
Dec 2004	64	54	39.86	6.75	$2,916
Nov 2004	91	58	45.28	6.33	$4,488
Oct 2004	115	54	49.70	6.52	$6,067
Sep 2004	168	89	43.24	5.28	$7,735
Aug 2004	148	89	42.37	5.55	$6,765
Jul 2004	55	89	38.28	6.08	$2,647
Jun 2004	81	90	36.10	6.43	$3,503
May 2004	126	55	37.48	6.49	$5,080
Apr 2004	113	22	34.47	5.86	$4,024
Mar 2004	122	23	34.36	5.53	$4,319
Feb 2004	104	8	32.45	5.51	$3,419
Jan 2004	109	20	32.03	6.30	$3,617
Dec 2003	121	52	30.26	6.30	$3,989
Nov 2003	102	59	28.80	4.60	$3,209
Oct 2003	113	61	28.17	4.76	$3,474
Sep 2003	127	62	26.31	4.75	$3,636
Aug 2003	119	60	29.76	5.13	$3,849
Jul 2003	121	48	29.41	5.17	$3,807
Jun 2003	122	63	28.56	5.98	$3,861
May 2003	142	59	26.59	5.97	$4,128
Apr 2003	136	83	26.67	5.41	$4,076
Mar 2003	147	61	31.14	6.10	$4,949
Feb 2003	126	42	33.48	7.93	$4,551
Jan 2003	150	44	30.31	5.58	$4,792
Dec 2002	153	33	26.91	4.85	$4,277
Nov 2002	116	33	24.66	4.14	$2,997
Oct 2002	38	15	26.46	4.23	$1,069
Sep 2002	1	13	27.44	3.64	$75
Aug 2002	5	16	25.96	3.16	$180
Jul 2002	18	52	24.58	3.06	$602
Jun 2002	31	64	23.73	3.34	$949
May 2002	47	55	24.66	3.58	$1,356
Apr 2002	60	44	23.65	3.51	$1,574
Mar 2002	92	65	22.00	3.10	$2,226
Feb 2002	68	49	18.22	2.38	$1,355
Jan 2002	71	65	17.17	2.38	$1,373
Dec 2001	85	65	16.93	2.36	$1,593
Nov 2001	95	59	18.07	2.41	$1,859
Oct 2001	80	85	19.78	2.53	$1,797
Sep 2001	67	69	24.26	2.25	$1,781
Aug 2001	45	73	24.87	3.05	$1,342
Jul 2001	156	72	23.93	3.20	$3,963
Jun 2001	168	76	24.56	3.82	$4,417
May 2001	144	67	25.52	4.31	$3,963
Apr 2001	129	60	24.68	5.34	$3,504
Mar 2001	103	68	24.54	5.38	$2,893
Feb 2001	97	55	27.75	5.77	$3,009
Jan 2001	108	39	27.47	8.40	$3,294
Dec 2000	111	36	26.88	9.12	$3,312
Nov 2000	129	37	32.21	5.66	$4,364
Oct 2000	134	49	31.23	5.15	$4,437
Sep 2000	136	45	31.87	5.19	$4,568
Aug 2000	134	54	29.64	4.54	$4,217
Jul 2000	141	56	28.53	4.09	$4,252
Jun 2000	141	47	29.30	4.40	$4,338
May 2000	124	45	27.26	3.68	$3,546
Apr 2000	101	39	24.51	3.12	$2,597
Mar 2000	130	47	28.42	2.86	$3,829
Feb 2000	124	43	27.62	2.73	$3,542
Jan 2000	125	46	25.27	2.48	$3,273
Dec 1999	120	55	24.28	2.42	$3,047
Nov 1999	122	55	23.19	2.43	$2,963
Oct 1999	120	49	20.98	2.80	$2,655
Sep 1999	112	49	21.75	2.62	$2,564
Aug 1999	85	46	19.26	2.88	$1,769
Jul 1999	88	40	17.89	2.37	$1,669
Jun 1999	105	38	15.94	2.36	$1,763
May 1999	138	46	15.79	2.32	$2,286
Apr 1999	160	50	15.10	2.21	$2,526
Mar 1999	164	44	12.47	1.84	$2,126
Feb 1999	154	45	9.98	1.82	$1,619
Jan 1999	177	49	10.38	1.90	$1,930
Dec 1998	167	46	9.20	1.77	$1,618
Nov 1998	158	50	10.89	2.19	$1,830
Oct 1998	69	40	12.42	1.97	$936
Sep 1998	133	37	12.59	2.08	$1,752
Aug 1998	134	38	11.30	1.91	$1,587
Jul 1998	130	33	11.74	2.24	$1,600
Jun 1998	155	46	11.24	2.24	$1,845
May 1998	167	51	12.62	2.21	$2,220
Apr 1998	159	40	13.04	2.51	$2,174
Mar 1998	159	47	12.80	2.31	$2,144
Feb 1998	149	46	13.95	2.30	$2,184
Jan 1998	162	53	14.70	2.15	$2,496
Dec 1997	172	58	16.32	2.41	$2,947
Nov 1997	161	38	18.19	3.09	$3,046
Oct 1997	151	110	19.25	3.15	$3,253
Sep 1997	171	29	17.74	2.95	$3,119
Aug 1997	174	0	17.86	2.55	$3,108
Jul 1997	174	0	17.58	2.25	$3,059
Jun 1997	164	0	17.24	2.26	$2,827
May 1997	181	0	18.97	2.31	$3,434
Apr 1997	200	1	17.88	2.08	$3,578
Mar 1997	257	1	18.95	1.94	$4,872
Feb 1997	215	1	20.49	2.21	$4,408
Jan 1997	25	0	23.48	3.54	$587
Dec 1996	282	1	23.32	—	$6,576
Nov 1996	177	1	21.97	—	$3,889
Oct 1996	350	1	23.31	—	$8,159
Sep 1996	176	1	22.22	—	$3,911
Aug 1996	180	1	20.26	—	$3,647
Jul 1996	357	1	19.55	—	$6,979
Jun 1996	339	0	18.73	—	$6,349
May 1996	179	1	19.43	—	$3,478
Apr 1996	362	1	21.51	—	$7,787
Mar 1996	178	1	19.38	—	$3,450
Feb 1996	347	1	16.98	—	$5,892
Jan 1996	369	1	17.07	—	$6,299
Dec 1995	0	1	17.19	—	$0
Nov 1995	0	1	16.00	—	$0
Oct 1995	181	1	15.43	—	$2,793
Sep 1995	180	1	16.18	—	$2,912
Aug 1995	0	1	15.92	—	$0
Jul 1995	359	1	15.24	—	$5,471
Jun 1995	0	1	16.41	—	$0
May 1995	183	0	17.56	—	$3,213
Apr 1995	180	0	17.73	—	$3,191
Mar 1995	178	0	16.44	—	$2,926
Feb 1995	181	0	16.58	—	$3,001
Jan 1995	182	1	15.92	—	$2,897
Dec 1994	0	0	15.03	—	$0
Nov 1994	183	1	15.90	—	$2,910
Oct 1994	176	1	15.58	—	$2,742
Sep 1994	0	1	15.29	—	$0
Aug 1994	177	1	16.13	—	$2,855
Jul 1994	176	1	17.56	—	$3,091
Jun 1994	175	1	17.09	—	$2,991
May 1994	180	1	15.88	—	$2,858
Apr 1994	181	1	14.14	—	$2,559
Mar 1994	174	1	12.46	—	$2,168
Feb 1994	180	1	12.50	—	$2,250
Jan 1994	178	1	12.66	—	$2,253
Dec 1993	180	1	12.33	—	$2,219
Nov 1993	363	1	14.49	—	$5,260
Oct 1993	181	1	15.85	—	$2,869
Sep 1993	0	1	15.03	—	$0
Aug 1993	359	1	15.66	—	$5,622
Jul 1993	182	1	15.46	—	$2,814
Jun 1993	0	1	16.79	—	$0
May 1993	181	1	17.68	—	$3,200
Apr 1993	183	1	18.05	—	$3,303
Mar 1993	185	1	18.14	—	$3,356
Feb 1993	181	1	17.90	—	$3,240
Jan 1993	370	1	16.93	—	$6,264

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.

Oct 2013 — as filed, then multipliedworked

Oil                   14 bbl  × $ 97.42 =     $1,364
Casinghead gas        10 Mcf  × $  3.78 =        $38

────────────────────────────────────────────────────
Month total                                   $1,402

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/O/1167 is the state's own key, not one this site invented.