WOOD "C"

Operated by VALENCE OPERATING COMPANY (P-5 881167) in the STEWARDS MILL (PETTIT 7600) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 3632District 05Field 86066332OilCasinghead gasSaveExport
Value, all time
$223 k
May 1998 – May 2018
Value, last 12 filed months
$0
at the published price for each month
Months reported
241
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 5 leases and 5 wells, and the rule below applies to all of them.

Discovered
1949-09-19
as the register files it
Field class
Oil and gas
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
OilDisposition3,424 bbl$134,625
Casinghead gasProduction14,110 Mcf$88,578
Total$223,203

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 31.8252, -96.1714. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.82524, -96.17139 · 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
0.0%
0 of 1 wells
Median depth
11,850 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
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
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 11,850 ft.

Completions filed
Jan 2010
1 of 1 wells

1 well

42-16130794111,850 ftJan 2010Yes

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 (241)

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

241 months

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 20090171.445.48$5
Nov 20090374.593.75$11
Oct 20090572.544.11$21
Sep 20090465.543.06$12
Aug 20090467.423.22$13
Jul 20090461.133.46$14
Jun 200901066.163.90$39
May 200901254.743.93$47
Apr 200901046.773.59$36
Mar 200901942.144.06$77
Feb 200903232.814.63$148
Jan 200903835.865.37$204
Dec 200802737.105.98$161
Nov 20081741955.496.86$9,786
Oct 200803675.246.92$249
Sep 2008059101.767.88$465
Aug 2008539114.228.48$902
Jul 2008090131.0811.39$1,025
Jun 2008017131.3313.03$222
May 200805123.1711.57$58
Apr 2008164110.3110.45$779
Mar 2008131101.909.66$401
Feb 200808492.538.77$737
Jan 20081799590.388.21$16,958
Dec 2007012488.337.30$905
Nov 2007015191.677.29$1,101
Oct 200718982.856.92$699
Sep 2007012675.846.24$787
Aug 200715969.066.39$446
Jul 200725570.906.39$493
Jun 20071773762.007.55$11,253
May 2007210558.747.85$941
Apr 200728759.617.81$798
Mar 200729556.927.30$808
Feb 20071897655.108.22$11,038
Jan 200708450.306.73$565
Dec 2006016556.656.92$1,142
Nov 200611154.207.62$138
Oct 200623854.906.01$338
Sep 200605960.085.04$297
Aug 200606668.717.34$484
Jul 200602469.376.34$152
Jun 200601066.286.38$64
May 200603566.016.42$225
Apr 200627964.397.36$710
Mar 200608856.707.08$623
Feb 20061786057.597.75$10,716
Jan 2006014160.598.93$1,260
Dec 2005011254.9413.42$1,503
Nov 200518554.6910.59$955
Oct 200509558.3413.80$1,311
Sep 200507561.4512.08$906
Aug 200518110561.519.80$12,162
Jul 200508455.697.84$659
Jun 2005014252.337.38$1,048
May 2005012445.226.65$825
Apr 20051798949.207.36$9,462
Mar 2005011550.377.15$823
Feb 200505945.226.31$372
Jan 200538543.166.32$667
Dec 200402439.866.75$162
Nov 20041779745.286.33$8,629
Oct 2004030149.706.52$1,961
Sep 2004221343.245.28$1,212
Aug 2004023242.375.55$1,288
Jul 2004043038.286.08$2,616
Jun 200404436.106.43$283
May 200417843937.486.49$9,523
Apr 2004076934.475.86$4,505
Mar 2004253234.365.53$3,011
Feb 2004158832.455.51$3,272
Jan 2004059632.036.30$3,755
Dec 200318533430.266.30$7,703
Nov 2003211628.804.60$591
Oct 2003021628.174.76$1,028
Sep 2003125726.314.75$1,247
Aug 200318147629.765.13$7,828
Jul 2003072529.415.17$3,749
Jun 2003063128.565.98$3,775
May 200318162526.595.97$8,546
Apr 2003239926.675.41$2,211
Mar 2003041531.146.10$2,530
Feb 200319535033.487.93$9,303
Jan 200318242830.315.58$7,906
Dec 200217972126.914.85$8,316
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 2001021324.685.34$1,136
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 1999148010.381.90$1,536
Dec 1998009.201.77$0
Nov 1998189010.892.19$2,058
Oct 19980012.421.97$0
Sep 1998191012.592.08$2,405
Aug 1998145011.301.91$1,639
Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 1998019712.622.21$435

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.

Dec 2009 — as filed, then multipliedworked
Oil                    0 bbl  × $ 71.44 =         $0
Casinghead gas         1 Mcf  × $  5.48 =         $5

────────────────────────────────────────────────────
Month total                                       $5

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/3632 is the state's own key, not one this site invented.