NESBITT, JULIAN W

Name: NESBITT, JULIAN W lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by BP AMERICA PRODUCTION COMPANY (P-5 40798) in the HALLSVILLE, NE. (PETTIT) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 10457District 06Field 38291500OilCasinghead gasSave Export

Value, all time

$1.3 M

Jan 1993 – Dec 2014

Value, last 12 filed months

at the published price for each month

Months reported

264

no gaps in the span

Streams

oil, casinghead gas

The HALLSVILLE, NE. (PETTIT) 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 17 leases and 39 wells, and the rule below applies to all of them.

Discovered

1956-12-20

as the register files it

Field class

Oil and gas

the register's own label

Between wells

1,650 ft

minimum

From a lease line

560 ft

minimum

A drilling unit in this field needs at least 80 acres.

The Commission's schedule remark for this field reads: “MULTI 49B MAX. 640 AC. 10% TOL. DOCKET 6-76310”

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	12,570 bbl	$382,145
Casinghead gas	Production	328,888 Mcf	$936,027
Total			$1,318,172

124,116 Mcf of this lease's gas, across 39 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 32.5906, -94.4379. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.59061, -94.43793 · 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

7,312 ft

1 wells filed one

Completion to plug

32.9 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 7,312 ft.

Completions filed

Apr 1981

1 of 1 wells

Plug dates filed

Mar 2014

1 of 1 wells

Last completion to plug: a median of 32.9 years across the 1 well that filed both dates, with the middle half between 32.9 years and 32.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-20330817	1	7,312 ft	Apr 1981	Mar 2014	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 (264)

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

264 months


Dec 2014	0	0	54.69	3.59	$0
Nov 2014	0	0	70.46	4.25	$0
Oct 2014	0	0	78.30	3.90	$0
Sep 2014	0	0	86.16	4.05	$0
Aug 2014	0	0	89.39	4.04	$0
Jul 2014	0	0	96.56	4.18	$0
Jun 2014	0	0	98.16	4.74	$0
May 2014	0	0	94.73	4.73	$0
Apr 2014	0	0	95.94	4.81	$0
Mar 2014	0	0	95.89	5.06	$0
Feb 2014	0	0	97.40	6.19	$0
Jan 2014	0	0	90.40	4.86	$0
Dec 2013	0	0	91.82	4.35	$0
Nov 2013	0	0	88.85	3.74	$0
Oct 2013	0	0	97.42	3.78	$0
Sep 2013	0	0	104.11	3.72	$0
Aug 2013	0	0	104.25	3.52	$0
Jul 2013	0	0	102.52	3.72	$0
Jun 2013	0	0	94.40	3.93	$0
May 2013	0	0	94.83	4.15	$0
Apr 2013	0	0	93.96	4.28	$0
Mar 2013	0	0	93.62	3.91	$0
Feb 2013	0	0	91.23	3.42	$0
Jan 2013	0	0	91.60	3.42	$0
Dec 2012	0	0	86.77	3.42	$0
Nov 2012	0	0	86.95	3.62	$0
Oct 2012	0	0	89.38	3.40	$0
Sep 2012	0	0	94.67	2.92	$0
Aug 2012	0	0	92.66	2.91	$0
Jul 2012	0	0	85.13	3.02	$0
Jun 2012	0	0	79.82	2.52	$0
May 2012	0	0	91.61	2.49	$0
Apr 2012	0	0	101.65	2.00	$0
Mar 2012	0	0	105.05	2.22	$0
Feb 2012	0	0	101.10	2.57	$0
Jan 2012	0	0	98.09	2.73	$0
Dec 2011	0	0	96.87	3.24	$0
Nov 2011	0	0	95.72	3.31	$0
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	0	96.36	4.06	$0
Feb 2011	0	0	85.64	4.18	$0
Jan 2011	0	0	86.50	4.59	$0
Dec 2010	0	0	85.73	4.35	$0
Nov 2010	0	0	80.84	3.80	$0
Oct 2010	0	0	78.10	3.51	$0
Sep 2010	6	242	72.63	3.98	$1,399
Aug 2010	10	719	73.68	4.42	$3,914
Jul 2010	10	1,036	72.55	4.74	$5,633
Jun 2010	12	634	70.36	4.91	$3,958
May 2010	12	568	71.12	4.24	$3,259
Apr 2010	18	508	81.69	4.12	$3,565
Mar 2010	14	547	78.39	4.39	$3,498
Feb 2010	18	801	73.58	5.44	$5,684
Jan 2010	9	300	74.36	5.96	$2,458
Dec 2009	23	884	71.44	5.48	$6,491
Nov 2009	23	997	74.59	3.75	$5,456
Oct 2009	59	1,328	72.54	4.11	$9,738
Sep 2009	32	773	65.54	3.06	$4,466
Aug 2009	60	1,169	67.42	3.22	$7,808
Jul 2009	51	775	61.13	3.46	$5,803
Jun 2009	66	983	66.16	3.90	$8,195
May 2009	46	699	54.74	3.93	$5,262
Apr 2009	47	779	46.77	3.59	$4,993
Mar 2009	22	302	42.14	4.06	$2,153
Feb 2009	47	841	32.81	4.63	$5,438
Jan 2009	19	355	35.86	5.37	$2,588
Dec 2008	33	642	37.10	5.98	$5,062
Nov 2008	30	685	55.49	6.86	$6,364
Oct 2008	63	720	75.24	6.92	$9,724
Sep 2008	58	645	101.76	7.88	$10,983
Aug 2008	69	888	114.22	8.48	$15,414
Jul 2008	57	1,030	131.08	11.39	$19,203
Jun 2008	44	817	131.33	13.03	$16,426
May 2008	46	832	123.17	11.57	$15,296
Apr 2008	55	893	110.31	10.45	$15,403
Mar 2008	53	867	101.90	9.66	$13,779
Feb 2008	66	820	92.53	8.77	$13,299
Jan 2008	71	875	90.38	8.21	$13,597
Dec 2007	62	855	88.33	7.30	$11,720
Nov 2007	49	860	91.67	7.29	$10,763
Oct 2007	8	951	82.85	6.92	$7,246
Sep 2007	6	866	75.84	6.24	$5,862
Aug 2007	10	930	69.06	6.39	$6,631
Jul 2007	31	943	70.90	6.39	$8,222
Jun 2007	34	949	62.00	7.55	$9,271
May 2007	33	996	58.74	7.85	$9,753
Apr 2007	34	972	59.61	7.81	$9,613
Mar 2007	33	958	56.92	7.30	$8,874
Feb 2007	30	886	55.10	8.22	$8,932
Jan 2007	32	1,003	50.30	6.73	$8,357
Dec 2006	56	1,028	56.65	6.92	$10,285
Nov 2006	49	949	54.20	7.62	$9,885
Oct 2006	46	986	54.90	6.01	$8,455
Sep 2006	47	981	60.08	5.04	$7,765
Aug 2006	49	1,014	68.71	7.34	$10,809
Jul 2006	47	1,069	69.37	6.34	$10,041
Jun 2006	39	976	66.28	6.38	$8,816
May 2006	49	934	66.01	6.42	$9,235
Apr 2006	59	931	64.39	7.36	$10,652
Mar 2006	62	866	56.70	7.08	$9,649
Feb 2006	44	825	57.59	7.75	$8,929
Jan 2006	54	898	60.59	8.93	$11,294
Dec 2005	49	917	54.94	13.42	$14,994
Nov 2005	22	611	54.69	10.59	$7,673
Oct 2005	29	911	58.34	13.80	$14,260
Sep 2005	26	882	61.45	12.08	$12,251
Aug 2005	30	862	61.51	9.80	$10,290
Jul 2005	30	912	55.69	7.84	$8,824
Jun 2005	29	893	52.33	7.38	$8,109
May 2005	36	966	45.22	6.65	$8,053
Apr 2005	36	1,003	49.20	7.36	$9,154
Mar 2005	40	1,090	50.37	7.15	$9,814
Feb 2005	38	1,009	45.22	6.31	$8,087
Jan 2005	45	1,159	43.16	6.32	$9,270
Dec 2004	34	993	39.86	6.75	$8,059
Nov 2004	21	903	45.28	6.33	$6,667
Oct 2004	20	872	49.70	6.52	$6,675
Sep 2004	22	982	43.24	5.28	$6,140
Aug 2004	22	1,027	42.37	5.55	$6,633
Jul 2004	23	1,022	38.28	6.08	$7,098
Jun 2004	45	899	36.10	6.43	$7,408
May 2004	49	935	37.48	6.49	$7,909
Apr 2004	42	868	34.47	5.86	$6,533
Mar 2004	48	941	34.36	5.53	$6,853
Feb 2004	47	957	32.45	5.51	$6,798
Jan 2004	48	1,060	32.03	6.30	$8,215
Dec 2003	71	1,053	30.26	6.30	$8,784
Nov 2003	73	1,105	28.80	4.60	$7,180
Oct 2003	83	1,295	28.17	4.76	$8,502
Sep 2003	105	1,516	26.31	4.75	$9,963
Aug 2003	109	1,533	29.76	5.13	$11,108
Jul 2003	98	1,442	29.41	5.17	$10,339
Jun 2003	68	1,247	28.56	5.98	$9,403
May 2003	22	1,040	26.59	5.97	$6,797
Apr 2003	21	985	26.67	5.41	$5,886
Mar 2003	25	1,127	31.14	6.10	$7,649
Feb 2003	24	952	33.48	7.93	$8,349
Jan 2003	20	979	30.31	5.58	$6,071
Dec 2002	29	1,119	26.91	4.85	$6,212
Nov 2002	82	1,495	24.66	4.14	$8,207
Oct 2002	74	1,708	26.46	4.23	$9,181
Sep 2002	63	1,436	27.44	3.64	$6,949
Aug 2002	46	1,410	25.96	3.16	$5,656
Jul 2002	45	1,278	24.58	3.06	$5,019
Jun 2002	54	1,326	23.73	3.34	$5,708
May 2002	64	1,268	24.66	3.58	$6,123
Apr 2002	56	1,182	23.65	3.51	$5,476
Mar 2002	60	1,264	22.00	3.10	$5,242
Feb 2002	51	1,099	18.22	2.38	$3,540
Jan 2002	54	1,202	17.17	2.38	$3,783
Dec 2001	53	1,244	16.93	2.36	$3,839
Nov 2001	38	1,188	18.07	2.41	$3,544
Oct 2001	1	1,260	19.78	2.53	$3,206
Sep 2001	2	1,327	24.26	2.25	$3,036
Aug 2001	2	1,385	24.87	3.05	$4,278
Jul 2001	4	1,377	23.93	3.20	$4,498
Jun 2001	18	5,174	24.56	3.82	$20,228
May 2001	40	5,323	25.52	4.31	$23,949
Apr 2001	38	1,245	24.68	5.34	$7,580
Mar 2001	40	1,306	24.54	5.38	$8,003
Feb 2001	36	1,182	27.75	5.77	$7,816
Jan 2001	42	1,358	27.47	8.40	$12,559
Dec 2000	42	1,360	26.88	9.12	$13,536
Nov 2000	36	1,408	32.21	5.66	$9,126
Oct 2000	38	1,450	31.23	5.15	$8,648
Sep 2000	33	1,251	31.87	5.19	$7,540
Aug 2000	45	1,506	29.64	4.54	$8,172
Jul 2000	39	1,486	28.53	4.09	$7,190
Jun 2000	44	1,445	29.30	4.40	$7,643
May 2000	44	1,452	27.26	3.68	$6,542
Apr 2000	53	1,386	24.51	3.12	$5,618
Mar 2000	43	1,419	28.42	2.86	$5,280
Feb 2000	43	1,327	27.62	2.73	$4,806
Jan 2000	51	1,437	25.27	2.48	$4,853
Dec 1999	47	1,374	24.28	2.42	$4,471
Nov 1999	47	1,246	23.19	2.43	$4,123
Oct 1999	37	1,297	20.98	2.80	$4,413
Sep 1999	38	1,270	21.75	2.62	$4,152
Aug 1999	31	1,344	19.26	2.88	$4,462
Jul 1999	39	1,337	17.89	2.37	$3,870
Jun 1999	38	1,301	15.94	2.36	$3,679
May 1999	37	1,339	15.79	2.32	$3,692
Apr 1999	41	1,281	15.10	2.21	$3,448
Mar 1999	45	1,235	12.47	1.84	$2,831
Feb 1999	46	1,258	9.98	1.82	$2,746
Jan 1999	47	1,419	10.38	1.90	$3,184
Dec 1998	47	1,428	9.20	1.77	$2,965
Nov 1998	64	1,767	10.89	2.19	$4,559
Oct 1998	179	6,127	12.42	1.97	$14,289
Sep 1998	74	2,586	12.59	2.08	$6,317
Aug 1998	46	1,532	11.30	1.91	$3,442
Jul 1998	44	1,609	11.74	2.24	$4,116
Jun 1998	41	1,557	11.24	2.24	$3,944
May 1998	45	1,643	12.62	2.21	$4,193
Apr 1998	44	1,351	13.04	2.51	$3,958
Mar 1998	55	1,383	12.80	2.31	$3,898
Feb 1998	48	1,404	13.95	2.30	$3,898
Jan 1998	66	1,907	14.70	2.15	$5,079
Dec 1997	97	3,051	16.32	2.41	$8,939
Nov 1997	58	1,615	18.19	3.09	$6,043
Oct 1997	64	1,743	19.25	3.15	$6,722
Sep 1997	119	1,738	17.74	2.95	$7,247
Aug 1997	60	2,118	17.86	2.55	$6,483
Jul 1997	58	1,259	17.58	2.25	$3,849
Jun 1997	38	1,652	17.24	2.26	$4,384
May 1997	42	2,036	18.97	2.31	$5,497
Apr 1997	42	1,933	17.88	2.08	$4,777
Mar 1997	76	2,425	18.95	1.94	$6,143
Feb 1997	58	2,367	20.49	2.21	$6,410
Jan 1997	129	2,229	23.48	3.54	$10,919
Dec 1996	70	2,389	23.32	—	$1,632
Nov 1996	141	2,338	21.97	—	$3,098
Oct 1996	73	2,383	23.31	—	$1,702
Sep 1996	154	2,283	22.22	—	$3,422
Aug 1996	62	3,376	20.26	—	$1,256
Jul 1996	100	2,112	19.55	—	$1,955
Jun 1996	51	2,259	18.73	—	$955
May 1996	121	2,323	19.43	—	$2,351
Apr 1996	0	2,625	21.51	—	$0
Mar 1996	107	3,037	19.38	—	$2,074
Feb 1996	151	2,194	16.98	—	$2,564
Jan 1996	39	2,639	17.07	—	$666
Dec 1995	0	2,897	17.19	—	$0
Nov 1995	73	2,480	16.00	—	$1,168
Oct 1995	71	2,770	15.43	—	$1,096
Sep 1995	74	2,784	16.18	—	$1,197
Aug 1995	37	2,845	15.92	—	$589
Jul 1995	265	2,956	15.24	—	$4,039
Jun 1995	116	3,167	16.41	—	$1,904
May 1995	115	2,831	17.56	—	$2,019
Apr 1995	244	3,271	17.73	—	$4,326
Mar 1995	361	3,402	16.44	—	$5,935
Feb 1995	250	3,175	16.58	—	$4,145
Jan 1995	249	3,803	15.92	—	$3,964
Dec 1994	482	4,239	15.03	—	$7,244
Nov 1994	138	4,532	15.90	—	$2,194
Oct 1994	201	4,340	15.58	—	$3,132
Sep 1994	0	6,777	15.29	—	$0
Aug 1994	0	6,773	16.13	—	$0
Jul 1994	0	0	17.56	—	$0
Jun 1994	0	0	17.09	—	$0
May 1994	0	0	15.88	—	$0
Apr 1994	0	0	14.14	—	$0
Mar 1994	0	0	12.46	—	$0
Feb 1994	0	0	12.50	—	$0
Jan 1994	0	0	12.66	—	$0
Dec 1993	0	0	12.33	—	$0
Nov 1993	0	0	14.49	—	$0
Oct 1993	340	2,062	15.85	—	$5,389
Sep 1993	0	2,912	15.03	—	$0
Aug 1993	188	3,266	15.66	—	$2,944
Jul 1993	186	2,942	15.46	—	$2,876
Jun 1993	0	3,053	16.79	—	$0
May 1993	190	3,311	17.68	—	$3,359
Apr 1993	0	3,290	18.05	—	$0
Mar 1993	378	3,283	18.14	—	$6,857
Feb 1993	0	3,477	17.90	—	$0
Jan 1993	191	3,520	16.93	—	$3,234

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 2010 — as filed, then multipliedworked

Oil                    6 bbl  × $ 72.63 =       $436
Casinghead gas       242 Mcf  × $  3.98 =       $963

────────────────────────────────────────────────────
Month total                                   $1,399

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. 06/O/10457 is the state's own key, not one this site invented.