ARMSTRONG UNIT #2H

Name: ARMSTRONG UNIT #2H lease production and value, Jul 1997 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by SAGE ENERGY COMPANY (P-5 743215) in the ICI (GEORGETOWN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 3583District 05Field 44075500OilCasinghead gasSave Export

Value, all time

$4.7 M

Jul 1997 – Mar 2007

Value, last 12 filed months

$17 k

at the published price for each month

Months reported

117

no gaps in the span

Streams

oil, casinghead gas

The ICI (GEORGETOWN) 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 47 leases and 50 wells, and the rule below applies to all of them.

Discovered

1985-06-01

as the register files it

Field class

Oil

the register's own label

Between wells

933 ft

minimum

From a lease line

467 ft

minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 2009-08-18.

The Commission's schedule remark for this field reads: “6523' - 7912' AND TWO PART ALLOCATION FORMULA.”

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	244,449 bbl	$4,531,406
Casinghead gas	Production	52,552 Mcf	$152,982
Total			$4,684,388

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 30.9255, -96.4231. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.92554, -96.42305 · 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%

1 of 1 wells

With a plug date

100.0%

1 of 1 wells

Median depth

12,850 ft

1 wells filed one

Completion to plug

8.8 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 12,850 ft.

Completions filed

May 1998

1 of 1 wells

Plug dates filed

Feb 2007

1 of 1 wells

Last completion to plug: a median of 8.8 years across the 1 well that filed both dates, with the middle half between 8.8 years and 8.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-39530516	2H	12,850 ft	May 1998	Feb 2007	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 (117)

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

117 months


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	23	60.08	5.04	$116
Aug 2006	0	3	68.71	7.34	$22
Jul 2006	60	4	69.37	6.34	$4,188
Jun 2006	0	1	66.28	6.38	$6
May 2006	185	9	66.01	6.42	$12,270
Apr 2006	0	0	64.39	7.36	$0
Mar 2006	0	2	56.70	7.08	$14
Feb 2006	0	1	57.59	7.75	$8
Jan 2006	374	20	60.59	8.93	$22,839
Dec 2005	0	4	54.94	13.42	$54
Nov 2005	0	1	54.69	10.59	$11
Oct 2005	0	0	58.34	13.80	$0
Sep 2005	189	30	61.45	12.08	$11,976
Aug 2005	182	17	61.51	9.80	$11,361
Jul 2005	376	28	55.69	7.84	$21,159
Jun 2005	178	19	52.33	7.38	$9,455
May 2005	370	0	45.22	6.65	$16,731
Apr 2005	177	15	49.20	7.36	$8,819
Mar 2005	373	27	50.37	7.15	$18,981
Feb 2005	366	26	45.22	6.31	$16,715
Jan 2005	187	47	43.16	6.32	$8,368
Dec 2004	0	0	39.86	6.75	$0
Nov 2004	188	29	45.28	6.33	$8,696
Oct 2004	355	31	49.70	6.52	$17,845
Sep 2004	376	67	43.24	5.28	$16,612
Aug 2004	0	198	42.37	5.55	$1,099
Jul 2004	375	305	38.28	6.08	$16,211
Jun 2004	376	129	36.10	6.43	$14,403
May 2004	192	108	37.48	6.49	$7,898
Apr 2004	380	84	34.47	5.86	$13,591
Mar 2004	367	133	34.36	5.53	$13,346
Feb 2004	353	160	32.45	5.51	$12,336
Jan 2004	188	149	32.03	6.30	$6,960
Dec 2003	186	94	30.26	6.30	$6,221
Nov 2003	370	132	28.80	4.60	$11,263
Oct 2003	189	20	28.17	4.76	$5,419
Sep 2003	384	143	26.31	4.75	$10,782
Aug 2003	329	151	29.76	5.13	$10,566
Jul 2003	361	129	29.41	5.17	$11,284
Jun 2003	182	129	28.56	5.98	$5,970
May 2003	364	107	26.59	5.97	$10,318
Apr 2003	361	159	26.67	5.41	$10,488
Mar 2003	536	213	31.14	6.10	$17,990
Feb 2003	364	219	33.48	7.93	$13,922
Jan 2003	366	230	30.31	5.58	$12,377
Dec 2002	349	235	26.91	4.85	$10,532
Nov 2002	541	175	24.66	4.14	$14,065
Oct 2002	345	275	26.46	4.23	$10,292
Sep 2002	359	326	27.44	3.64	$11,036
Aug 2002	708	313	25.96	3.16	$19,370
Jul 2002	362	276	24.58	3.06	$9,743
Jun 2002	356	257	23.73	3.34	$9,306
May 2002	364	149	24.66	3.58	$9,510
Apr 2002	362	214	23.65	3.51	$9,313
Mar 2002	724	261	22.00	3.10	$16,738
Feb 2002	348	172	18.22	2.38	$6,749
Jan 2002	722	176	17.17	2.38	$12,815
Dec 2001	347	133	16.93	2.36	$6,189
Nov 2001	357	119	18.07	2.41	$6,737
Oct 2001	710	122	19.78	2.53	$14,352
Sep 2001	359	246	24.26	2.25	$9,263
Aug 2001	719	185	24.87	3.05	$18,446
Jul 2001	354	233	23.93	3.20	$9,216
Jun 2001	746	329	24.56	3.82	$19,580
May 2001	360	209	25.52	4.31	$10,087
Apr 2001	752	111	24.68	5.34	$19,152
Mar 2001	738	154	24.54	5.38	$18,938
Feb 2001	740	133	27.75	5.77	$21,302
Jan 2001	373	190	27.47	8.40	$11,842
Dec 2000	738	233	26.88	9.12	$21,963
Nov 2000	735	265	32.21	5.66	$25,174
Oct 2000	706	58	31.23	5.15	$22,347
Sep 2000	726	194	31.87	5.19	$24,144
Aug 2000	353	272	29.64	4.54	$11,698
Jul 2000	727	294	28.53	4.09	$21,944
Jun 2000	701	225	29.30	4.40	$21,529
May 2000	720	221	27.26	3.68	$20,440
Apr 2000	1,429	370	24.51	3.12	$36,178
Mar 2000	733	353	28.42	2.86	$21,841
Feb 2000	1,440	208	27.62	2.73	$40,340
Jan 2000	1,089	393	25.27	2.48	$28,494
Dec 1999	1,090	411	24.28	2.42	$27,461
Nov 1999	1,438	471	23.19	2.43	$34,494
Oct 1999	2,393	1,124	20.98	2.80	$53,357
Sep 1999	1,788	380	21.75	2.62	$39,884
Aug 1999	1,089	354	19.26	2.88	$21,992
Jul 1999	1,077	326	17.89	2.37	$20,041
Jun 1999	1,081	280	15.94	2.36	$17,893
May 1999	2,540	669	15.79	2.32	$41,659
Apr 1999	1,058	716	15.10	2.21	$17,557
Mar 1999	1,816	710	12.47	1.84	$23,951
Feb 1999	1,449	921	9.98	1.82	$16,135
Jan 1999	1,798	1,391	10.38	1.90	$21,306
Dec 1998	2,524	1,156	9.20	1.77	$25,271
Nov 1998	2,505	969	10.89	2.19	$29,397
Oct 1998	2,522	932	12.42	1.97	$33,159
Sep 1998	2,523	743	12.59	2.08	$33,312
Aug 1998	3,938	1,281	11.30	1.91	$46,943
Jul 1998	4,483	1,328	11.74	2.24	$55,602
Jun 1998	4,894	2,822	11.24	2.24	$61,322
May 1998	2,511	16	12.62	2.21	$31,724
Apr 1998	1	0	13.04	2.51	$13
Mar 1998	1,244	194	12.80	2.31	$16,371
Feb 1998	4,414	1,902	13.95	2.30	$65,948
Jan 1998	8,185	5,725	14.70	2.15	$132,656
Dec 1997	10,709	4,866	16.32	2.41	$186,503
Nov 1997	14,683	6,432	18.19	3.09	$286,947
Oct 1997	21,493	4,884	19.25	3.15	$429,124
Sep 1997	29,508	30	17.74	2.95	$523,561
Aug 1997	41,564	22	17.86	2.55	$742,389
Jul 1997	35,780	22	17.58	2.25	$629,062

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.

Sep 2006 — as filed, then multipliedworked

Oil                    0 bbl  × $ 60.08 =         $0
Casinghead gas        23 Mcf  × $  5.04 =       $116

────────────────────────────────────────────────────
Month total                                     $116

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/3583 is the state's own key, not one this site invented.