STREETMAN OIL UNIT 1

Operated by VALENCE OPERATING COMPANY (P-5 881167) in the STREETMAN, SOUTH (PETTIT) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 1411District 05Field 86605500OilCasinghead gasSaveExport
Value, all time
$784 k
Jan 1993 – Aug 2018
Value, last 12 filed months
$0
at the published price for each month
Months reported
308
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 1 wells, and the rule below applies to all of them.

Discovered
1957-09-23
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

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
OilDisposition12,737 bbl$311,541
Casinghead gasProduction110,861 Mcf$472,712
Total$784,252

25,438 Mcf of this lease's gas, across 46 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 31.8325, -96.2951. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.83247, -96.29508 · 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
7,109 ft
1 wells filed one
Completion to plug
no well filed both dates

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 7,109 ft.

Plug dates filed
Jun 2018
1 of 1 wells

1 well

42-1610007417,109 ftJun 2018Yes

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 (308)

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

308 months

Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
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 200782082.856.92$6,794
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20062068.717.34$137
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 200607066.016.42$450
Apr 200617597764.397.36$18,459
Mar 20061751,26856.707.08$18,904
Feb 200601,29957.597.75$10,069
Jan 20061721,30660.598.93$22,088
Dec 2005073854.9413.42$9,901
Nov 200502,18254.6910.59$23,104
Oct 20051751,05258.3413.80$24,723
Sep 200501,24161.4512.08$14,990
Aug 200502,81661.519.80$27,588
Jul 20051541,39155.697.84$19,487
Jun 200501,31852.337.38$9,728
May 200502,01145.226.65$13,375
Apr 20051681,75849.207.36$21,205
Mar 200501,09250.377.15$7,813
Feb 200501,56745.226.31$9,891
Jan 20051791,58743.166.32$17,759
Dec 2004081539.866.75$5,502
Nov 20041731,54545.286.33$17,614
Oct 200401,51349.706.52$9,857
Sep 200401,33643.245.28$7,059
Aug 200401,00242.375.55$5,562
Jul 200417557738.286.08$10,210
Jun 200401,11336.106.43$7,160
May 200401,54737.486.49$10,047
Apr 20041571,29134.475.86$12,975
Mar 200401,22834.365.53$6,791
Feb 200401,16832.455.51$6,435
Jan 200417891232.036.30$11,447
Dec 200301,81430.266.30$11,431
Nov 200301,31928.804.60$6,061
Oct 20031771,50328.174.76$12,140
Sep 2003092326.314.75$4,384
Aug 200302,08329.765.13$10,685
Jul 20031721,01129.415.17$10,286
Jun 200301,45928.565.98$8,729
May 200301,62026.595.97$9,676
Apr 20031771,18126.675.41$11,107
Mar 20031761,26631.146.10$13,198
Feb 200301,46833.487.93$11,635
Jan 200301,67530.315.58$9,350
Dec 200217729326.914.85$6,185
Nov 200218233824.664.14$5,886
Oct 2002125926.464.23$1,122
Sep 200217833827.443.64$6,113
Aug 2002034925.963.16$1,104
Jul 200213934924.583.06$4,485
Jun 200212822523.733.34$3,789
May 200216323624.663.58$4,865
Apr 2002031523.653.51$1,106
Mar 20021281122.003.10$2,850
Feb 20020018.222.38$0
Jan 20021491117.172.38$2,584
Dec 200101116.932.36$26
Nov 20011721118.072.41$3,135
Oct 200101119.782.53$28
Sep 200115533824.262.25$4,521
Aug 200113627024.873.05$4,207
Jul 200114129323.933.20$4,311
Jun 200115030424.563.82$4,847
May 2001022525.524.31$969
Apr 200113423624.685.34$4,566
Mar 200114021424.545.38$4,586
Feb 2001021427.755.77$1,234
Jan 200112714627.478.40$4,715
Dec 200014527026.889.12$6,361
Nov 2000021432.215.66$1,211
Oct 200013619131.235.15$5,230
Sep 200013427031.875.19$5,671
Aug 200006829.644.54$309
Jul 200010024828.534.09$3,867
Jun 200009029.304.40$396
May 200013927027.263.68$4,783
Apr 2000021424.513.12$667
Mar 200013134928.422.86$4,721
Feb 2000031527.622.73$859
Jan 200014116925.272.48$3,982
Dec 199914229324.282.42$4,158
Nov 1999020323.192.43$494
Oct 199915623620.982.80$3,935
Sep 1999033821.752.62$885
Aug 1999034919.262.88$1,004
Jul 199915434917.892.37$3,583
Jun 199913833815.942.36$2,998
May 1999124015.792.32$1,958
Apr 1999155015.102.21$2,341
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 1999134010.381.90$1,391
Dec 19981377759.201.77$2,635
Nov 199827975010.892.19$4,678
Oct 1998062512.421.97$1,231
Sep 1998077512.592.08$1,614
Aug 199817059911.301.91$3,064
Jul 1998080911.742.24$1,810
Jun 1998082311.242.24$1,841
May 199816487112.622.21$3,991
Apr 1998072913.042.51$1,826
Mar 199815335812.802.31$2,785
Feb 1998066813.952.30$1,536
Jan 199816148814.702.15$3,418
Dec 199701,10816.322.41$2,672
Nov 1997097918.193.09$3,023
Oct 19971731,04119.253.15$6,609
Sep 1997081217.742.95$2,399
Aug 199717068817.862.55$4,794
Jul 1997091117.582.25$2,047
Jun 199701,00517.242.26$2,268
May 19971741,01318.972.31$5,639
Apr 199701,27517.882.08$2,656
Mar 19971651,19318.951.94$5,440
Feb 199701,06720.492.21$2,354
Jan 199701,24823.483.54$4,418
Dec 19961611,22323.32$3,755
Nov 19960021.97$0
Oct 1996075023.31$0
Sep 1996095022.22$0
Aug 19961641,06520.26$3,323
Jul 199601,05419.55$0
Jun 199601,04518.73$0
May 199614899719.43$2,876
Apr 1996091221.51$0
Mar 19961731,02319.38$3,353
Feb 1996075216.98$0
Jan 199601,07317.07$0
Dec 19951561,04117.19$2,682
Nov 199501,23816.00$0
Oct 199513575815.43$2,083
Sep 1995022216.18$0
Aug 199501,30315.92$0
Jul 19951641,56715.24$2,499
Jun 199501,16516.41$0
May 1995097917.56$0
Apr 19951361,31317.73$2,411
Mar 19951671,42216.44$2,745
Feb 199501,17116.58$0
Jan 19951461,15215.92$2,324
Dec 19940015.03$0
Nov 199402315.90$0
Oct 1994040515.58$0
Sep 199417211815.29$2,630
Aug 199416715516.13$2,694
Jul 199417715517.56$3,108
Jun 1994015017.09$0
May 199417215515.88$2,731
Apr 1994176114.14$2,489
Mar 1994172112.46$2,143
Feb 1994177112.50$2,213
Jan 19940112.66$0
Dec 1993168112.33$2,071
Nov 1993172114.49$2,492
Oct 1993173115.85$2,742
Sep 19930115.03$0
Aug 19931781115.66$2,787
Jul 199301115.46$0
Jun 199301116.79$0
May 19931801117.68$3,182
Apr 199301118.05$0
Mar 19931791318.14$3,247
Feb 199301217.90$0
Jan 19931821416.93$3,081

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 2007 — as filed, then multipliedworked
Oil                   82 bbl  × $ 82.85 =     $6,794
Casinghead gas         0 Mcf  × $  6.92 =         $0

────────────────────────────────────────────────────
Month total                                   $6,794

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/1411 is the state's own key, not one this site invented.