WHITE, R. V. 502

Name: WHITE, R. V. 502 lease production and value, Feb 2002 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 3731District 05Field 93042390OilCasinghead gasSave Export

Value, all time

$266 k

Feb 2002 – Oct 2011

Value, last 12 filed months

$4 k

at the published price for each month

Months reported

117

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	3,905 bbl	$181,700
Casinghead gas	Production	14,352 Mcf	$84,251
Total			$265,952

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 32.5397, -95.6299. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.53973, -95.62987 · 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

2,440 ft

1 wells filed one

Completion to plug

9.2 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 2,440 ft.

Completions filed

Jan 2002

1 of 1 wells

Plug dates filed

Mar 2011

1 of 1 wells

Last completion to plug: a median of 9.2 years across the 1 well that filed both dates, with the middle half between 9.2 years and 9.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


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 (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


Oct 2011	0	0	84.98	3.65	$0
Sep 2011	0	0	83.62	3.99	$0
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	32	96.36	4.06	$130
Feb 2011	0	1	85.64	4.18	$4
Jan 2011	10	0	86.50	4.59	$865
Dec 2010	16	0	85.73	4.35	$1,372
Nov 2010	16	132	80.84	3.80	$1,794
Oct 2010	16	111	78.10	3.51	$1,639
Sep 2010	15	108	72.63	3.98	$1,519
Aug 2010	9	116	73.68	4.42	$1,176
Jul 2010	2	131	72.55	4.74	$766
Jun 2010	0	123	70.36	4.91	$604
May 2010	0	116	71.12	4.24	$491
Apr 2010	11	107	81.69	4.12	$1,340
Mar 2010	29	116	78.39	4.39	$2,782
Feb 2010	22	110	73.58	5.44	$2,217
Jan 2010	18	132	74.36	5.96	$2,126
Dec 2009	18	133	71.44	5.48	$2,015
Nov 2009	20	136	74.59	3.75	$2,002
Oct 2009	20	140	72.54	4.11	$2,026
Sep 2009	19	144	65.54	3.06	$1,687
Aug 2009	22	143	67.42	3.22	$1,943
Jul 2009	18	142	61.13	3.46	$1,592
Jun 2009	17	95	66.16	3.90	$1,495
May 2009	23	84	54.74	3.93	$1,589
Apr 2009	25	48	46.77	3.59	$1,341
Mar 2009	25	67	42.14	4.06	$1,325
Feb 2009	24	33	32.81	4.63	$940
Jan 2009	33	27	35.86	5.37	$1,328
Dec 2008	22	31	37.10	5.98	$1,001
Nov 2008	25	51	55.49	6.86	$1,737
Oct 2008	13	78	75.24	6.92	$1,518
Sep 2008	24	108	101.76	7.88	$3,293
Aug 2008	23	82	114.22	8.48	$3,323
Jul 2008	22	120	131.08	11.39	$4,250
Jun 2008	22	102	131.33	13.03	$4,219
May 2008	24	90	123.17	11.57	$3,998
Apr 2008	24	95	110.31	10.45	$3,641
Mar 2008	25	93	101.90	9.66	$3,446
Feb 2008	29	90	92.53	8.77	$3,473
Jan 2008	25	95	90.38	8.21	$3,039
Dec 2007	1	97	88.33	7.30	$797
Nov 2007	1	82	91.67	7.29	$690
Oct 2007	15	101	82.85	6.92	$1,942
Sep 2007	36	102	75.84	6.24	$3,367
Aug 2007	59	104	69.06	6.39	$4,739
Jul 2007	75	88	70.90	6.39	$5,880
Jun 2007	57	88	62.00	7.55	$4,198
May 2007	39	93	58.74	7.85	$3,021
Apr 2007	114	90	59.61	7.81	$7,498
Mar 2007	106	92	56.92	7.30	$6,705
Feb 2007	27	74	55.10	8.22	$2,096
Jan 2007	14	128	50.30	6.73	$1,565
Dec 2006	8	93	56.65	6.92	$1,097
Nov 2006	6	92	54.20	7.62	$1,026
Oct 2006	11	124	54.90	6.01	$1,350
Sep 2006	19	0	60.08	5.04	$1,142
Aug 2006	30	110	68.71	7.34	$2,869
Jul 2006	31	104	69.37	6.34	$2,810
Jun 2006	30	117	66.28	6.38	$2,735
May 2006	24	100	66.01	6.42	$2,227
Apr 2006	16	70	64.39	7.36	$1,545
Mar 2006	30	86	56.70	7.08	$2,310
Feb 2006	30	68	57.59	7.75	$2,255
Jan 2006	34	116	60.59	8.93	$3,096
Dec 2005	37	140	54.94	13.42	$3,911
Nov 2005	36	143	54.69	10.59	$3,483
Oct 2005	50	162	58.34	13.80	$5,152
Sep 2005	31	151	61.45	12.08	$3,729
Aug 2005	26	57	61.51	9.80	$2,158
Jul 2005	26	57	55.69	7.84	$1,895
Jun 2005	26	76	52.33	7.38	$1,922
May 2005	27	89	45.22	6.65	$1,813
Apr 2005	27	99	49.20	7.36	$2,057
Mar 2005	29	111	50.37	7.15	$2,255
Feb 2005	21	110	45.22	6.31	$1,644
Jan 2005	25	255	43.16	6.32	$2,691
Dec 2004	36	44	39.86	6.75	$1,732
Nov 2004	28	98	45.28	6.33	$1,888
Oct 2004	39	113	49.70	6.52	$2,675
Sep 2004	43	103	43.24	5.28	$2,404
Aug 2004	42	97	42.37	5.55	$2,318
Jul 2004	47	119	38.28	6.08	$2,523
Jun 2004	55	125	36.10	6.43	$2,790
May 2004	58	157	37.48	6.49	$3,193
Apr 2004	49	399	34.47	5.86	$4,027
Mar 2004	52	154	34.36	5.53	$2,638
Feb 2004	42	123	32.45	5.51	$2,041
Jan 2004	52	134	32.03	6.30	$2,510
Dec 2003	43	140	30.26	6.30	$2,183
Nov 2003	33	141	28.80	4.60	$1,598
Oct 2003	50	159	28.17	4.76	$2,165
Sep 2003	27	225	26.31	4.75	$1,779
Aug 2003	36	166	29.76	5.13	$1,923
Jul 2003	43	225	29.41	5.17	$2,428
Jun 2003	47	228	28.56	5.98	$2,706
May 2003	35	242	26.59	5.97	$2,376
Apr 2003	23	233	26.67	5.41	$1,873
Mar 2003	26	245	31.14	6.10	$2,303
Feb 2003	16	217	33.48	7.93	$2,256
Jan 2003	11	239	30.31	5.58	$1,668
Dec 2002	3	255	26.91	4.85	$1,318
Nov 2002	3	246	24.66	4.14	$1,092
Oct 2002	10	310	26.46	4.23	$1,576
Sep 2002	33	259	27.44	3.64	$1,847
Aug 2002	34	275	25.96	3.16	$1,753
Jul 2002	36	260	24.58	3.06	$1,681
Jun 2002	117	269	23.73	3.34	$3,674
May 2002	196	268	24.66	3.58	$5,794
Apr 2002	201	277	23.65	3.51	$5,727
Mar 2002	217	312	22.00	3.10	$5,742
Feb 2002	242	264	18.22	2.38	$5,036

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.

Mar 2011 — as filed, then multipliedworked

Oil                    0 bbl  × $ 96.36 =         $0
Casinghead gas        32 Mcf  × $  4.06 =       $130

────────────────────────────────────────────────────
Month total                                     $130

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/3731 is the state's own key, not one this site invented.