COLONIAL BANK

Operated by CROW, DAVID (P-5 191250) in the HUMBOLDT (RODESSA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 3424District 05Field 43508175OilCasinghead gasSaveExport
Value, all time
$127 k
Jan 1993 – Jul 1997
Value, last 12 filed months
$8 k
at the published price for each month
Months reported
55
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 3 leases and 4 wells, and the rule below applies to all of them.

Discovered
1992-01-18
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
OilDisposition7,466 bbl$126,512
Casinghead gasProduction1,204 Mcf$23
Total$126,535

1,197 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 (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 33.1631, -95.9840. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.16309, -95.98399 · 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
5,600 ft
1 wells filed one
Completion to plug
4.8 years
median over 1 well

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 5,600 ft.

Completions filed
Aug 1992
1 of 1 wells
Plug dates filed
May 1997
1 of 1 wells

Last completion to plug: a median of 4.8 years across the 1 well that filed both dates, with the middle half between 4.8 years and 4.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2313024025,600 ftAug 1992May 1997Yes

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 (55)

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

55 months

Jul 19970017.582.25$0
Jun 19970017.242.26$0
May 199746018.972.31$873
Apr 1997177017.882.08$3,165
Mar 19970018.951.94$0
Feb 19970120.492.21$2
Jan 19970623.483.54$21
Dec 19960123.32$0
Nov 19960321.97$0
Oct 19960523.31$0
Sep 1996188422.22$4,177
Aug 19960920.26$0
Jul 19960119.55$0
Jun 19960318.73$0
May 199601219.43$0
Apr 19961911121.51$4,108
Mar 199601619.38$0
Feb 19961791816.98$3,039
Jan 19961962217.07$3,346
Dec 199502217.19$0
Nov 19951891916.00$3,024
Oct 199501315.43$0
Sep 19951812116.18$2,929
Aug 19951822215.92$2,897
Jul 19951842015.24$2,804
Jun 199502516.41$0
May 19951891917.56$3,319
Apr 19951853117.73$3,280
Mar 19951781716.44$2,926
Feb 19950616.58$0
Jan 19950915.92$0
Dec 199401115.03$0
Nov 19941851015.90$2,942
Oct 19940915.58$0
Sep 19941801115.29$2,752
Aug 199401216.13$0
Jul 199401117.56$0
Jun 19941781117.09$3,042
May 199401315.88$0
Apr 19941861514.14$2,630
Mar 199401612.46$0
Feb 19941821312.50$2,275
Jan 199401612.66$0
Dec 19931871712.33$2,306
Nov 199321914.49$29
Oct 19931892315.85$2,996
Sep 19931852615.03$2,781
Aug 19931883015.66$2,944
Jul 19931852915.46$2,860
Jun 19931884716.79$3,157
May 19933705817.68$6,542
Apr 19935566918.05$10,036
Mar 199355710318.14$10,104
Feb 199376013617.90$13,604
Jan 199392316316.93$15,626

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 1997 — as filed, then multipliedworked
Oil                   46 bbl  × $ 18.97 =       $873
Casinghead gas         0 Mcf  × $  2.31 =         $0

────────────────────────────────────────────────────
Month total                                     $873

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/3424 is the state's own key, not one this site invented.