CARRINGTON-PAGE

Operated by BUFFCO PRODUCTION INC. (P-5 106406) in the WHELAN (PETTIT, UP.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 10834District 06Field 96789250OilCasinghead gasSaveExport
Value, all time
$49 k
Jan 1993 – Aug 1997
Value, last 12 filed months
$465
at the published price for each month
Months reported
56
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 38 leases and 43 wells, and the rule below applies to all of them.

Discovered
1967-03-17
as the register files it
Field class
Oil
the register's own label
Between wells
1,867 ft
minimum
From a lease line
933 ft
minimum

A drilling unit in this field needs at least 160 acres.

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
OilDisposition3,040 bbl$49,068
Casinghead gasProduction1,137 Mcf$0
Total$49,068

1,137 Mcf of this lease's gas, across 34 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 32.7315, -94.6033. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.73155, -94.60333 · 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
100.0%
1 of 1 wells
Median depth
7,948 ft
1 wells filed one
Completion to plug
14.7 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 7,948 ft.

Completions filed
Sep 1982
1 of 1 wells
Plug dates filed
May 1997
1 of 1 wells

Last completion to plug: a median of 14.7 years across the 1 well that filed both dates, with the middle half between 14.7 years and 14.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2033086927,948 ftSep 1982May 1997Yes

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 (56)

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

56 months

Aug 19970017.862.55$0
Jul 19970017.582.25$0
Jun 199727017.242.26$465
May 19970018.972.31$0
Apr 19970017.882.08$0
Mar 19970018.951.94$0
Feb 19970020.492.21$0
Jan 19970023.483.54$0
Dec 19960023.32$0
Nov 19960021.97$0
Oct 19960023.31$0
Sep 19960022.22$0
Aug 19960020.26$0
Jul 19960019.55$0
Jun 19960018.73$0
May 1996101019.43$1,962
Apr 19960021.51$0
Mar 19960019.38$0
Feb 19960016.98$0
Jan 19960017.07$0
Dec 1995173017.19$2,974
Nov 1995010016.00$0
Oct 19950015.43$0
Sep 19951882016.18$3,042
Aug 199502015.92$0
Jul 19951222015.24$1,859
Jun 199502016.41$0
May 19951902017.56$3,336
Apr 199502017.73$0
Mar 19951882016.44$3,091
Feb 199502016.58$0
Jan 199502015.92$0
Dec 19941832015.03$2,750
Nov 199402015.90$0
Oct 19941832015.58$2,851
Sep 199402515.29$0
Aug 199402516.13$0
Jul 19941822517.56$3,196
Jun 199402517.09$0
May 19941844015.88$2,922
Apr 199404614.14$0
Mar 19941825012.46$2,268
Feb 199405512.50$0
Jan 199406012.66$0
Dec 19931795612.33$2,207
Nov 199306014.49$0
Oct 19931936015.85$3,059
Sep 199306015.03$0
Aug 19931902015.66$2,975
Jul 199302215.46$0
Jun 199302216.79$0
May 19931903017.68$3,359
Apr 199303018.05$0
Mar 19931922618.14$3,483
Feb 199303017.90$0
Jan 19931933016.93$3,267

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 1997 — as filed, then multipliedworked
Oil                   27 bbl  × $ 17.24 =       $465
Casinghead gas         0 Mcf  × $  2.26 =         $0

────────────────────────────────────────────────────
Month total                                     $465

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/10834 is the state's own key, not one this site invented.