WELLS, R. L. 47

Name: WELLS, R. L. 47 lease production and value, Jul 2000 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 (PECAN GAP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 3694District 05Field 93042390OilCasinghead gasSave Export

Value, all time

$110 k

Jul 2000 – Mar 2009

Value, last 12 filed months

$2 k

at the published price for each month

Months reported

105

no gaps in the span

Streams

oil, casinghead gas

The VAN (PECAN GAP) 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 34 leases and 76 wells, and the rule below applies to all of them.

Discovered

1988-07-02

as the register files it

Field class

Oil and gas

the register's own label

Between wells

250 ft

minimum

From a lease line

200 ft

minimum

A drilling unit in this field needs at least 5 acres. The field rule took effect on 1995-08-01.

The Commission's schedule remark for this field reads: “FIELD RULES EFFECTIVE 8-1-95 PER DOCKET #05-0209092.”

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	2,231 bbl	$82,482
Casinghead gas	Production	4,600 Mcf	$27,103
Total			$109,585

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 32.5292, -95.6438. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.52920, -95.64378 · 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

2,506 ft

1 wells filed one

Completion to plug

8.7 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 2,506 ft.

Completions filed

Jun 2000

1 of 1 wells

Plug dates filed

Feb 2009

1 of 1 wells

Last completion to plug: a median of 8.7 years across the 1 well that filed both dates, with the middle half between 8.7 years and 8.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-46730935	27	2,506 ft	Jun 2000	Feb 2009	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 (105)

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

105 months


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	1	0	131.33	13.03	$131
May 2008	1	19	123.17	11.57	$343
Apr 2008	7	52	110.31	10.45	$1,316
Mar 2008	6	53	101.90	9.66	$1,124
Feb 2008	7	54	92.53	8.77	$1,121
Jan 2008	21	55	90.38	8.21	$2,349
Dec 2007	22	54	88.33	7.30	$2,338
Nov 2007	19	63	91.67	7.29	$2,201
Oct 2007	23	54	82.85	6.92	$2,279
Sep 2007	23	61	75.84	6.24	$2,125
Aug 2007	31	19	69.06	6.39	$2,262
Jul 2007	5	16	70.90	6.39	$457
Jun 2007	22	33	62.00	7.55	$1,613
May 2007	16	73	58.74	7.85	$1,513
Apr 2007	9	68	59.61	7.81	$1,067
Mar 2007	25	75	56.92	7.30	$1,971
Feb 2007	18	66	55.10	8.22	$1,534
Jan 2007	9	71	50.30	6.73	$930
Dec 2006	7	82	56.65	6.92	$964
Nov 2006	5	91	54.20	7.62	$964
Oct 2006	3	20	54.90	6.01	$285
Sep 2006	9	0	60.08	5.04	$541
Aug 2006	9	63	68.71	7.34	$1,081
Jul 2006	10	62	69.37	6.34	$1,087
Jun 2006	8	54	66.28	6.38	$875
May 2006	8	45	66.01	6.42	$817
Apr 2006	11	38	64.39	7.36	$988
Mar 2006	11	39	56.70	7.08	$900
Feb 2006	16	32	57.59	7.75	$1,169
Jan 2006	14	39	60.59	8.93	$1,197
Dec 2005	17	42	54.94	13.42	$1,497
Nov 2005	16	41	54.69	10.59	$1,309
Oct 2005	11	42	58.34	13.80	$1,221
Sep 2005	13	44	61.45	12.08	$1,330
Aug 2005	14	45	61.51	9.80	$1,302
Jul 2005	5	30	55.69	7.84	$514
Jun 2005	7	30	52.33	7.38	$588
May 2005	9	29	45.22	6.65	$600
Apr 2005	13	33	49.20	7.36	$883
Mar 2005	11	35	50.37	7.15	$804
Feb 2005	16	32	45.22	6.31	$926
Jan 2005	19	35	43.16	6.32	$1,041
Dec 2004	21	35	39.86	6.75	$1,073
Nov 2004	16	34	45.28	6.33	$940
Oct 2004	17	37	49.70	6.52	$1,086
Sep 2004	14	30	43.24	5.28	$764
Aug 2004	17	39	42.37	5.55	$937
Jul 2004	17	39	38.28	6.08	$888
Jun 2004	15	39	36.10	6.43	$792
May 2004	15	41	37.48	6.49	$828
Apr 2004	9	40	34.47	5.86	$545
Mar 2004	6	39	34.36	5.53	$422
Feb 2004	15	38	32.45	5.51	$696
Jan 2004	20	40	32.03	6.30	$893
Dec 2003	20	41	30.26	6.30	$864
Nov 2003	22	40	28.80	4.60	$817
Oct 2003	28	43	28.17	4.76	$993
Sep 2003	28	43	26.31	4.75	$941
Aug 2003	30	45	29.76	5.13	$1,124
Jul 2003	22	41	29.41	5.17	$859
Jun 2003	22	40	28.56	5.98	$868
May 2003	25	43	26.59	5.97	$922
Apr 2003	26	45	26.67	5.41	$937
Mar 2003	31	55	31.14	6.10	$1,301
Feb 2003	23	53	33.48	7.93	$1,190
Jan 2003	31	66	30.31	5.58	$1,308
Dec 2002	35	70	26.91	4.85	$1,282
Nov 2002	28	62	24.66	4.14	$947
Oct 2002	30	66	26.46	4.23	$1,073
Sep 2002	25	65	27.44	3.64	$922
Aug 2002	36	76	25.96	3.16	$1,175
Jul 2002	32	78	24.58	3.06	$1,025
Jun 2002	43	77	23.73	3.34	$1,277
May 2002	41	80	24.66	3.58	$1,298
Apr 2002	20	76	23.65	3.51	$740
Mar 2002	17	70	22.00	3.10	$591
Feb 2002	14	62	18.22	2.38	$402
Jan 2002	21	74	17.17	2.38	$536
Dec 2001	17	80	16.93	2.36	$477
Nov 2001	19	77	18.07	2.41	$529
Oct 2001	22	89	19.78	2.53	$660
Sep 2001	28	98	24.26	2.25	$900
Aug 2001	34	94	24.87	3.05	$1,133
Jul 2001	71	34	23.93	3.20	$1,808
Jun 2001	55	29	24.56	3.82	$1,462
May 2001	29	30	25.52	4.31	$869
Apr 2001	30	27	24.68	5.34	$884
Mar 2001	44	27	24.54	5.38	$1,225
Feb 2001	46	23	27.75	5.77	$1,409
Jan 2001	50	24	27.47	8.40	$1,575
Dec 2000	51	14	26.88	9.12	$1,499
Nov 2000	42	25	32.21	5.66	$1,494
Oct 2000	44	29	31.23	5.15	$1,523
Sep 2000	80	46	31.87	5.19	$2,788
Aug 2000	92	49	29.64	4.54	$2,949
Jul 2000	118	54	28.53	4.09	$3,587

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.

Jun 2008 — as filed, then multipliedworked

Oil                    1 bbl  × $131.33 =       $131
Casinghead gas         0 Mcf  × $ 13.03 =         $0

────────────────────────────────────────────────────
Month total                                     $131

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/3694 is the state's own key, not one this site invented.