WHITE 502

Name: WHITE 502 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 (AUSTIN CHALK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 3246District 05Field 93042166NGPA filingOilCasinghead gasSave Export

Value, all time

$896 k

Jan 1993 – Aug 2011

Value, last 12 filed months

at the published price for each month

Months reported

224

no gaps in the span

Streams

oil, casinghead gas

The VAN (AUSTIN CHALK) 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 66 leases and 277 wells, and the rule below applies to all of them.

Discovered

1969-11-22

as the register files it

Field class

Oil and gas

the register's own label

Between wells

125 ft

minimum

From a lease line

100 ft

minimum

A drilling unit in this field needs at least 2 acres. The field rule took effect on 1997-12-05.

The Commission's schedule remark for this field reads: “AOF-1 AND AOF-2 EFFECTIVE 09/01/2004.”

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.

Programme	Filings	With an approval date	Dated	Docket
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Oil	Disposition	42,821 bbl	$762,305
Casinghead gas	Production	112,211 Mcf	$133,863
Total			$896,168

68,774 Mcf of this lease's gas, across 48 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 32.5399, -95.6301. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.53993, -95.63011 · 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%

2 of 2 wells

With a plug date

100.0%

2 of 2 wells

Median depth

2,712 ft

2 wells filed one

Completion to plug

7.8 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 2,440 and 2,983 ft, median 2,712 ft, over the 2 wells that filed a depth.

Completions filed

Jan 2002 – Jan 2004

2 of 2 wells

Plug dates filed

Jun 2010 – Mar 2011

2 of 2 wells

Last completion to plug: a median of 7.8 years across the 2 wells that filed both dates, with the middle half between 7.1 years and 8.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells


42-46700545	2	2,983 ft	Jan 2004	Jun 2010	Yes
42-46730683	7	2,440 ft	Jan 2002	Mar 2011	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 (224)

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

224 months


Aug 2011	0	0	83.40	4.15	$0
Jul 2011	0	0	94.14	4.52	$0
Jun 2011	0	0	92.90	4.64	$0
May 2011	0	0	98.13	4.40	$0
Apr 2011	0	0	105.96	4.33	$0
Mar 2011	0	0	96.36	4.06	$0
Feb 2011	0	0	85.64	4.18	$0
Jan 2011	0	0	86.50	4.59	$0
Dec 2010	0	0	85.73	4.35	$0
Nov 2010	0	0	80.84	3.80	$0
Oct 2010	0	0	78.10	3.51	$0
Sep 2010	0	0	72.63	3.98	$0
Aug 2010	0	0	73.68	4.42	$0
Jul 2010	0	0	72.55	4.74	$0
Jun 2010	0	0	70.36	4.91	$0
May 2010	0	0	71.12	4.24	$0
Apr 2010	0	0	81.69	4.12	$0
Mar 2010	0	0	78.39	4.39	$0
Feb 2010	0	0	73.58	5.44	$0
Jan 2010	0	0	74.36	5.96	$0
Dec 2009	0	0	71.44	5.48	$0
Nov 2009	0	0	74.59	3.75	$0
Oct 2009	0	0	72.54	4.11	$0
Sep 2009	0	0	65.54	3.06	$0
Aug 2009	0	0	67.42	3.22	$0
Jul 2009	0	0	61.13	3.46	$0
Jun 2009	0	0	66.16	3.90	$0
May 2009	0	0	54.74	3.93	$0
Apr 2009	0	0	46.77	3.59	$0
Mar 2009	0	0	42.14	4.06	$0
Feb 2009	0	0	32.81	4.63	$0
Jan 2009	0	0	35.86	5.37	$0
Dec 2008	0	0	37.10	5.98	$0
Nov 2008	0	0	55.49	6.86	$0
Oct 2008	0	0	75.24	6.92	$0
Sep 2008	0	0	101.76	7.88	$0
Aug 2008	0	0	114.22	8.48	$0
Jul 2008	0	0	131.08	11.39	$0
Jun 2008	0	0	131.33	13.03	$0
May 2008	0	0	123.17	11.57	$0
Apr 2008	0	0	110.31	10.45	$0
Mar 2008	0	0	101.90	9.66	$0
Feb 2008	0	0	92.53	8.77	$0
Jan 2008	0	0	90.38	8.21	$0
Dec 2007	0	0	88.33	7.30	$0
Nov 2007	0	0	91.67	7.29	$0
Oct 2007	0	0	82.85	6.92	$0
Sep 2007	0	0	75.84	6.24	$0
Aug 2007	0	0	69.06	6.39	$0
Jul 2007	0	0	70.90	6.39	$0
Jun 2007	0	0	62.00	7.55	$0
May 2007	0	0	58.74	7.85	$0
Apr 2007	0	0	59.61	7.81	$0
Mar 2007	0	0	56.92	7.30	$0
Feb 2007	0	0	55.10	8.22	$0
Jan 2007	0	0	50.30	6.73	$0
Dec 2006	0	0	56.65	6.92	$0
Nov 2006	0	0	54.20	7.62	$0
Oct 2006	0	0	54.90	6.01	$0
Sep 2006	0	0	60.08	5.04	$0
Aug 2006	0	0	68.71	7.34	$0
Jul 2006	0	0	69.37	6.34	$0
Jun 2006	0	0	66.28	6.38	$0
May 2006	0	0	66.01	6.42	$0
Apr 2006	0	0	64.39	7.36	$0
Mar 2006	0	0	56.70	7.08	$0
Feb 2006	0	0	57.59	7.75	$0
Jan 2006	0	0	60.59	8.93	$0
Dec 2005	0	0	54.94	13.42	$0
Nov 2005	0	0	54.69	10.59	$0
Oct 2005	0	0	58.34	13.80	$0
Sep 2005	0	0	61.45	12.08	$0
Aug 2005	0	0	61.51	9.80	$0
Jul 2005	0	0	55.69	7.84	$0
Jun 2005	0	0	52.33	7.38	$0
May 2005	0	0	45.22	6.65	$0
Apr 2005	0	0	49.20	7.36	$0
Mar 2005	0	0	50.37	7.15	$0
Feb 2005	0	0	45.22	6.31	$0
Jan 2005	0	0	43.16	6.32	$0
Dec 2004	0	0	39.86	6.75	$0
Nov 2004	0	0	45.28	6.33	$0
Oct 2004	0	0	49.70	6.52	$0
Sep 2004	0	0	43.24	5.28	$0
Aug 2004	0	0	42.37	5.55	$0
Jul 2004	0	0	38.28	6.08	$0
Jun 2004	0	0	36.10	6.43	$0
May 2004	0	0	37.48	6.49	$0
Apr 2004	0	0	34.47	5.86	$0
Mar 2004	0	0	34.36	5.53	$0
Feb 2004	0	0	32.45	5.51	$0
Jan 2004	14	22	32.03	6.30	$587
Dec 2003	21	140	30.26	6.30	$1,518
Nov 2003	16	141	28.80	4.60	$1,109
Oct 2003	21	134	28.17	4.76	$1,229
Sep 2003	2	30	26.31	4.75	$195
Aug 2003	17	147	29.76	5.13	$1,260
Jul 2003	12	63	29.41	5.17	$679
Jun 2003	16	76	28.56	5.98	$912
May 2003	23	81	26.59	5.97	$1,095
Apr 2003	23	78	26.67	5.41	$1,035
Mar 2003	26	82	31.14	6.10	$1,310
Feb 2003	16	72	33.48	7.93	$1,106
Jan 2003	11	80	30.31	5.58	$780
Dec 2002	3	85	26.91	4.85	$493
Nov 2002	3	82	24.66	4.14	$413
Oct 2002	10	103	26.46	4.23	$700
Sep 2002	33	86	27.44	3.64	$1,218
Aug 2002	34	91	25.96	3.16	$1,171
Jul 2002	33	86	24.58	3.06	$1,074
Jun 2002	20	89	23.73	3.34	$772
May 2002	22	89	24.66	3.58	$862
Apr 2002	21	92	23.65	3.51	$820
Mar 2002	31	136	22.00	3.10	$1,104
Feb 2002	22	109	18.22	2.38	$660
Jan 2002	24	390	17.17	2.38	$1,339
Dec 2001	84	431	16.93	2.36	$2,441
Nov 2001	83	424	18.07	2.41	$2,520
Oct 2001	106	445	19.78	2.53	$3,222
Sep 2001	96	443	24.26	2.25	$3,326
Aug 2001	108	466	24.87	3.05	$4,109
Jul 2001	120	477	23.93	3.20	$4,397
Jun 2001	135	474	24.56	3.82	$5,128
May 2001	113	474	25.52	4.31	$4,925
Apr 2001	82	477	24.68	5.34	$4,569
Mar 2001	85	474	24.54	5.38	$4,634
Feb 2001	145	439	27.75	5.77	$6,556
Jan 2001	1,980	489	27.47	8.40	$58,498
Dec 2000	104	807	26.88	9.12	$10,157
Nov 2000	121	543	32.21	5.66	$6,970
Oct 2000	137	617	31.23	5.15	$7,453
Sep 2000	129	557	31.87	5.19	$7,000
Aug 2000	135	610	29.64	4.54	$6,771
Jul 2000	141	642	28.53	4.09	$6,648
Jun 2000	139	612	29.30	4.40	$6,764
May 2000	141	573	27.26	3.68	$5,952
Apr 2000	132	558	24.51	3.12	$4,974
Mar 2000	132	560	28.42	2.86	$5,353
Feb 2000	136	537	27.62	2.73	$5,220
Jan 2000	144	582	25.27	2.48	$5,083
Dec 1999	154	587	24.28	2.42	$5,162
Nov 1999	156	586	23.19	2.43	$5,044
Oct 1999	160	629	20.98	2.80	$5,120
Sep 1999	167	618	21.75	2.62	$5,251
Aug 1999	151	646	19.26	2.88	$4,766
Jul 1999	185	660	17.89	2.37	$4,875
Jun 1999	222	658	15.94	2.36	$5,093
May 1999	261	664	15.79	2.32	$5,662
Apr 1999	187	651	15.10	2.21	$4,261
Mar 1999	199	683	12.47	1.84	$3,737
Feb 1999	220	619	9.98	1.82	$3,321
Jan 1999	252	648	10.38	1.90	$3,847
Dec 1998	175	674	9.20	1.77	$2,805
Nov 1998	168	678	10.89	2.19	$3,311
Oct 1998	223	725	12.42	1.97	$4,197
Sep 1998	170	721	12.59	2.08	$3,642
Aug 1998	204	751	11.30	1.91	$3,738
Jul 1998	328	769	11.74	2.24	$5,571
Jun 1998	290	785	11.24	2.24	$5,016
May 1998	267	817	12.62	2.21	$5,172
Apr 1998	277	815	13.04	2.51	$5,654
Mar 1998	228	820	12.80	2.31	$4,812
Feb 1998	180	746	13.95	2.30	$4,226
Jan 1998	210	877	14.70	2.15	$4,977
Dec 1997	252	985	16.32	2.41	$6,488
Nov 1997	359	976	18.19	3.09	$9,544
Oct 1997	347	1,041	19.25	3.15	$9,959
Sep 1997	280	968	17.74	2.95	$7,828
Aug 1997	477	974	17.86	2.55	$11,008
Jul 1997	476	948	17.58	2.25	$10,498
Jun 1997	411	952	17.24	2.26	$9,234
May 1997	335	907	18.97	2.31	$8,449
Apr 1997	241	690	17.88	2.08	$5,746
Mar 1997	343	890	18.95	1.94	$8,226
Feb 1997	310	758	20.49	2.21	$8,024
Jan 1997	310	1,226	23.48	3.54	$11,618
Dec 1996	340	761	23.32	—	$7,929
Nov 1996	303	848	21.97	—	$6,657
Oct 1996	433	947	23.31	—	$10,093
Sep 1996	390	843	22.22	—	$8,666
Aug 1996	401	931	20.26	—	$8,124
Jul 1996	343	965	19.55	—	$6,706
Jun 1996	418	979	18.73	—	$7,829
May 1996	375	818	19.43	—	$7,286
Apr 1996	450	861	21.51	—	$9,680
Mar 1996	463	926	19.38	—	$8,973
Feb 1996	377	922	16.98	—	$6,401
Jan 1996	409	900	17.07	—	$6,982
Dec 1995	492	1,343	17.19	—	$8,457
Nov 1995	451	1,114	16.00	—	$7,216
Oct 1995	466	1,164	15.43	—	$7,190
Sep 1995	537	1,220	16.18	—	$8,689
Aug 1995	495	1,312	15.92	—	$7,880
Jul 1995	470	1,386	15.24	—	$7,163
Jun 1995	627	1,349	16.41	—	$10,289
May 1995	616	1,449	17.56	—	$10,817
Apr 1995	450	1,501	17.73	—	$7,979
Mar 1995	470	1,377	16.44	—	$7,727
Feb 1995	673	1,284	16.58	—	$11,158
Jan 1995	775	1,380	15.92	—	$12,338
Dec 1994	937	1,526	15.03	—	$14,083
Nov 1994	984	1,074	15.90	—	$15,646
Oct 1994	902	3,193	15.58	—	$14,053
Sep 1994	867	2,737	15.29	—	$13,256
Aug 1994	783	2,642	16.13	—	$12,630
Jul 1994	1,077	2,687	17.56	—	$18,912
Jun 1994	905	3,033	17.09	—	$15,466
May 1994	1,382	3,390	15.88	—	$21,946
Apr 1994	420	1,415	14.14	—	$5,939
Mar 1994	372	1,224	12.46	—	$4,635
Feb 1994	394	1,078	12.50	—	$4,925
Jan 1994	560	1,418	12.66	—	$7,090
Dec 1993	681	1,481	12.33	—	$8,397
Nov 1993	632	1,304	14.49	—	$9,158
Oct 1993	681	1,531	15.85	—	$10,794
Sep 1993	600	1,763	15.03	—	$9,018
Aug 1993	619	2,069	15.66	—	$9,694
Jul 1993	620	1,571	15.46	—	$9,585
Jun 1993	600	1,326	16.79	—	$10,074
May 1993	590	1,355	17.68	—	$10,431
Apr 1993	627	1,087	18.05	—	$11,317
Mar 1993	589	1,102	18.14	—	$10,684
Feb 1993	562	922	17.90	—	$10,060
Jan 1993	836	1,266	16.93	—	$14,153

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.

Jan 2004 — as filed, then multipliedworked

Oil                   14 bbl  × $ 32.03 =       $448
Casinghead gas        22 Mcf  × $  6.30 =       $139

────────────────────────────────────────────────────
Month total                                     $587

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/3246 is the state's own key, not one this site invented.