BLACKWELL

Operated by TRIPLE J INVESTMENTS INC (P-5 870423) in the NASEEP THOMAS (PETTIT) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 10870District 06Field 64515500NGPA filingOilCasinghead gasSaveExport
Value, all time
$424 k
Jan 1993 – Nov 2007
Value, last 12 filed months
$11 k
at the published price for each month
Months reported
179
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 4 leases and 5 wells, and the rule below applies to all of them.

Discovered
1982-12-02
as the register files it
Field class
Oil
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA2none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
OilDisposition12,648 bbl$298,501
Casinghead gasProduction62,724 Mcf$125,068
Total$423,568

30,562 Mcf of this lease's gas, across 47 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 (2)

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 32.2088, -94.9707. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

32.20884, -94.97073 · 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%
2 of 2 wells
With a plug date
100.0%
2 of 2 wells
Median depth
8,095 ft
2 wells filed one
Completion to plug
12.9 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
2100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
2100.0%
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

Between 7,994 and 8,195 ft, median 8,095 ft, over the 2 wells that filed a depth.

Completions filed
Nov 1982 – Feb 1983
2 of 2 wells
Plug dates filed
Feb 1984 – Sep 2007
2 of 2 wells

Last completion to plug: a median of 12.9 years across the 2 wells that filed both dates, with the middle half between 7.1 years and 18.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-4013159227,994 ftFeb 1983Sep 2007Yes
42-4013156518,195 ftNov 1982Feb 1984Yes

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 (179)

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

179 months

Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 2007139658.747.85$8,212
Apr 200706559.617.81$507
Mar 200707756.927.30$562
Feb 200702955.108.22$238
Jan 200707850.306.73$525
Dec 200608256.656.92$567
Nov 2006010054.207.62$762
Oct 2006013354.906.01$800
Sep 2006013060.085.04$655
Aug 2006012368.717.34$903
Jul 2006010169.376.34$641
Jun 200604666.286.38$294
May 200607466.016.42$475
Apr 200604664.397.36$339
Mar 200607656.707.08$538
Feb 200602557.597.75$194
Jan 2006017160.598.93$1,528
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 200512526361.519.80$10,265
Jul 2005031955.697.84$2,502
Jun 200512531652.337.38$8,874
May 200520540245.226.65$11,944
Apr 200517642149.207.36$11,758
Mar 200520456750.377.15$14,332
Feb 200518046445.226.31$11,068
Jan 200518942943.166.32$10,869
Dec 200416238539.866.75$9,056
Nov 200416365545.286.33$11,527
Oct 200437137549.706.52$20,882
Sep 2004016943.245.28$893
Aug 2004018142.375.55$1,005
Jul 2004011238.286.08$681
Jun 200407536.106.43$482
May 200420822837.486.49$9,277
Apr 200404334.475.86$252
Mar 200406834.365.53$376
Feb 200409632.455.51$529
Jan 200421322332.036.30$8,227
Dec 200308830.266.30$555
Nov 20030028.804.60$0
Oct 2003018028.174.76$857
Sep 2003035626.314.75$1,691
Aug 200321014029.765.13$6,968
Jul 200308229.415.17$424
Jun 2003034428.565.98$2,058
May 2003019326.595.97$1,153
Apr 200320816726.675.41$6,450
Mar 2003034331.146.10$2,091
Feb 200308333.487.93$658
Jan 2003019030.315.58$1,061
Dec 2002010626.914.85$515
Nov 2002010624.664.14$439
Oct 200207126.464.23$300
Sep 200220713627.443.64$6,174
Aug 2002019125.963.16$604
Jul 2002010724.583.06$328
Jun 2002016323.733.34$544
May 2002020024.663.58$717
Apr 200220929323.653.51$5,972
Mar 2002024622.003.10$763
Feb 2002028318.222.38$672
Jan 200221225817.172.38$4,253
Dec 2001019716.932.36$466
Nov 2001020018.072.41$481
Oct 2001018319.782.53$463
Sep 2001018224.262.25$410
Aug 2001024024.873.05$733
Jul 2001045023.933.20$1,439
Jun 2001031024.563.82$1,185
May 200121310025.524.31$5,866
Apr 200107424.685.34$395
Mar 2001012624.545.38$677
Feb 200109627.755.77$554
Jan 2001013027.478.40$1,092
Dec 200007926.889.12$721
Nov 200007032.215.66$396
Oct 2000021731.235.15$1,117
Sep 200020916131.875.19$7,496
Aug 2000019629.644.54$890
Jul 2000051628.534.09$2,110
Jun 200020960029.304.40$8,762
May 2000053927.263.68$1,983
Apr 2000034124.513.12$1,063
Mar 2000035328.422.86$1,009
Feb 2000022727.622.73$619
Jan 200008525.272.48$211
Dec 199921219124.282.42$5,610
Nov 1999023923.192.43$582
Oct 1999038820.982.80$1,088
Sep 199920826921.752.62$5,228
Aug 1999027419.262.88$788
Jul 1999044517.892.37$1,056
Jun 199921135515.942.36$4,202
May 1999028815.792.32$668
Apr 1999029315.102.21$647
Mar 199935436712.471.84$5,089
Feb 199903649.981.82$662
Jan 1999038310.381.90$728
Dec 199803149.201.77$557
Nov 1998034210.892.19$748
Oct 199821252812.421.97$3,673
Sep 1998050712.592.08$1,056
Aug 199820858511.301.91$3,466
Jul 1998062911.742.24$1,407
Jun 199820955511.242.24$3,591
May 1998060212.622.21$1,328
Apr 199819855813.042.51$3,980
Mar 1998053812.802.31$1,242
Feb 1998049913.952.30$1,147
Jan 1998021014.702.15$453
Dec 1997037016.322.41$892
Nov 1997032018.193.09$988
Oct 1997042119.253.15$1,326
Sep 199719653117.742.95$5,046
Aug 1997057117.862.55$1,459
Jul 199717848217.582.25$4,212
Jun 1997047917.242.26$1,081
May 199717743918.972.31$4,371
Apr 199718040617.882.08$4,064
Mar 199718639018.951.94$4,281
Feb 1997040520.492.21$893
Jan 1997047423.483.54$1,678
Dec 199616946423.32$3,941
Nov 1996049221.97$0
Oct 199617944823.31$4,172
Sep 1996056122.22$0
Aug 199617343720.26$3,505
Jul 1996045219.55$0
Jun 199620553018.73$3,840
May 1996054319.43$0
Apr 199618452121.51$3,958
Mar 1996054019.38$0
Feb 199617549216.98$2,972
Jan 1996042417.07$0
Dec 199518456417.19$3,163
Nov 19950016.00$0
Oct 199518153315.43$2,793
Sep 199517975116.18$2,896
Aug 1995064315.92$0
Jul 199518087915.24$2,743
Jun 1995078816.41$0
May 199518370317.56$3,213
Apr 1995071117.73$0
Mar 199518254816.44$2,992
Feb 1995049016.58$0
Jan 199518156315.92$2,882
Dec 199418060515.03$2,705
Nov 1994059815.90$0
Oct 199418274515.58$2,836
Sep 199417777915.29$2,706
Aug 1994086216.13$0
Jul 199417579017.56$3,073
Jun 199419171217.09$3,264
May 199418068815.88$2,858
Apr 1994069014.14$0
Mar 199419169312.46$2,380
Feb 199418958112.50$2,363
Jan 199418372512.66$2,317
Dec 199318882012.33$2,318
Nov 199318272514.49$2,637
Oct 1993073215.85$0
Sep 199318558515.03$2,781
Aug 1993062615.66$0
Jul 199318477815.46$2,845
Jun 199318685216.79$3,123
May 199328987917.68$5,110
Apr 1993072418.05$0
Mar 199318579118.14$3,356
Feb 199319071417.90$3,401
Jan 199319079116.93$3,217

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.

May 2007 — as filed, then multipliedworked
Oil                  139 bbl  × $ 58.74 =     $8,165
Casinghead gas         6 Mcf  × $  7.85 =        $47

────────────────────────────────────────────────────
Month total                                   $8,212

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/10870 is the state's own key, not one this site invented.