WHITE, R. V. 500

Name: WHITE, R. V. 500 lease production and value, Dec 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 (SHALLOW) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 3748District 05Field 93042498OilCasinghead gasSave Export

Value, all time

$93 k

Dec 2002 – Mar 2009

Value, last 12 filed months

$22 k

at the published price for each month

Months reported

no gaps in the span

Streams

oil, casinghead gas

The VAN (SHALLOW) 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 50 leases and 231 wells, and the rule below applies to all of them.

Discovered

1932-12-31

as the register files it

Field class

Oil and gas

the register's own label

Between wells

300 ft

minimum

From a lease line

150 ft

minimum

A drilling unit in this field needs at least 2 acres. The field rule took effect on 1984-07-01.

The Commission's schedule remark for this field reads: “FIELD RULES EFFECTIVE 5-7-84 PER DOCKET #5-82104.”

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	1,490 bbl	$80,745
Casinghead gas	Production	1,817 Mcf	$12,644
Total			$93,389

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 32.5467, -95.6410. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.54670, -95.64099 · 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

2,941 ft

1 wells filed one

Completion to plug

6.2 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 2,941 ft.

Completions filed

Dec 2002

1 of 1 wells

Plug dates filed

Feb 2009

1 of 1 wells

Last completion to plug: a median of 6.2 years across the 1 well that filed both dates, with the middle half between 6.2 years and 6.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-46700192	3	2,941 ft	Dec 2002	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 (76)

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

76 months


Mar 2009	0	0	42.14	4.06	$0
Feb 2009	1	64	32.81	4.63	$329
Jan 2009	9	122	35.86	5.37	$978
Dec 2008	11	92	37.10	5.98	$958
Nov 2008	13	72	55.49	6.86	$1,215
Oct 2008	20	56	75.24	6.92	$1,892
Sep 2008	16	51	101.76	7.88	$2,030
Aug 2008	18	55	114.22	8.48	$2,523
Jul 2008	22	36	131.08	11.39	$3,294
Jun 2008	55	48	131.33	13.03	$7,849
May 2008	0	23	123.17	11.57	$266
Apr 2008	0	21	110.31	10.45	$220
Mar 2008	0	23	101.90	9.66	$222
Feb 2008	0	14	92.53	8.77	$123
Jan 2008	0	9	90.38	8.21	$74
Dec 2007	0	23	88.33	7.30	$168
Nov 2007	0	21	91.67	7.29	$153
Oct 2007	2	22	82.85	6.92	$318
Sep 2007	18	19	75.84	6.24	$1,484
Aug 2007	21	39	69.06	6.39	$1,699
Jul 2007	24	39	70.90	6.39	$1,951
Jun 2007	42	26	62.00	7.55	$2,800
May 2007	53	22	58.74	7.85	$3,286
Apr 2007	64	15	59.61	7.81	$3,932
Mar 2007	81	16	56.92	7.30	$4,727
Feb 2007	47	21	55.10	8.22	$2,762
Jan 2007	27	22	50.30	6.73	$1,506
Dec 2006	27	31	56.65	6.92	$1,744
Nov 2006	14	36	54.20	7.62	$1,033
Oct 2006	9	15	54.90	6.01	$584
Sep 2006	23	0	60.08	5.04	$1,382
Aug 2006	23	0	68.71	7.34	$1,580
Jul 2006	21	0	69.37	6.34	$1,457
Jun 2006	17	0	66.28	6.38	$1,127
May 2006	17	0	66.01	6.42	$1,122
Apr 2006	14	56	64.39	7.36	$1,314
Mar 2006	20	14	56.70	7.08	$1,233
Feb 2006	16	8	57.59	7.75	$983
Jan 2006	19	8	60.59	8.93	$1,223
Dec 2005	20	8	54.94	13.42	$1,206
Nov 2005	15	8	54.69	10.59	$905
Oct 2005	13	8	58.34	13.80	$869
Sep 2005	19	8	61.45	12.08	$1,264
Aug 2005	17	9	61.51	9.80	$1,134
Jul 2005	16	8	55.69	7.84	$954
Jun 2005	13	7	52.33	7.38	$732
May 2005	16	8	45.22	6.65	$777
Apr 2005	18	8	49.20	7.36	$944
Mar 2005	14	7	50.37	7.15	$755
Feb 2005	11	7	45.22	6.31	$542
Jan 2005	14	7	43.16	6.32	$649
Dec 2004	14	8	39.86	6.75	$612
Nov 2004	13	8	45.28	6.33	$639
Oct 2004	14	31	49.70	6.52	$898
Sep 2004	17	32	43.24	5.28	$904
Aug 2004	22	23	42.37	5.55	$1,060
Jul 2004	23	21	38.28	6.08	$1,008
Jun 2004	21	25	36.10	6.43	$919
May 2004	14	22	37.48	6.49	$668
Apr 2004	15	24	34.47	5.86	$658
Mar 2004	28	24	34.36	5.53	$1,095
Feb 2004	24	22	32.45	5.51	$900
Jan 2004	19	20	32.03	6.30	$735
Dec 2003	25	30	30.26	6.30	$946
Nov 2003	29	28	28.80	4.60	$964
Oct 2003	34	31	28.17	4.76	$1,105
Sep 2003	34	28	26.31	4.75	$1,028
Aug 2003	37	20	29.76	5.13	$1,204
Jul 2003	16	32	29.41	5.17	$636
Jun 2003	17	44	28.56	5.98	$749
May 2003	13	26	26.59	5.97	$501
Apr 2003	20	24	26.67	5.41	$663
Mar 2003	43	29	31.14	6.10	$1,516
Feb 2003	28	16	33.48	7.93	$1,064
Jan 2003	6	9	30.31	5.58	$232
Dec 2002	14	8	26.91	4.85	$416

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.

Feb 2009 — as filed, then multipliedworked

Oil                    1 bbl  × $ 32.81 =        $33
Casinghead gas        64 Mcf  × $  4.63 =       $297

────────────────────────────────────────────────────
Month total                                     $329

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/3748 is the state's own key, not one this site invented.