NESBITT, JULIAN W. OIL UNIT "A"

Name: NESBITT, JULIAN W. OIL UNIT "A" 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 11385District 06Field 38291500NGPA filingOilCasinghead gasSave Export

Value, all time

$488 k

Jan 1993 – Apr 2003

Value, last 12 filed months

$8 k

at the published price for each month

Months reported

124

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”

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.

Programme	Filings	With an approval date	Dated	Docket
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Oil	Disposition	14,158 bbl	$274,031
Casinghead gas	Production	104,987 Mcf	$214,159
Total			$488,190

37,989 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 32.5931, -94.4318. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.59308, -94.43183 · 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

7,000 ft

1 wells filed one

Completion to plug

3.6 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 7,000 ft.

Completions filed

Dec 2007

1 of 1 wells

Plug dates filed

Jul 2011

1 of 1 wells

Last completion to plug: a median of 3.6 years across the 1 well that filed both dates, with the middle half between 3.6 years and 3.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-20331081	1	7,000 ft	Dec 2007	Jul 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 (124)

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

124 months


Apr 2003	0	0	26.67	5.41	$0
Mar 2003	0	0	31.14	6.10	$0
Feb 2003	0	0	33.48	7.93	$0
Jan 2003	0	0	30.31	5.58	$0
Dec 2002	0	0	26.91	4.85	$0
Nov 2002	0	0	24.66	4.14	$0
Oct 2002	0	0	26.46	4.23	$0
Sep 2002	0	0	27.44	3.64	$0
Aug 2002	0	130	25.96	3.16	$411
Jul 2002	0	385	24.58	3.06	$1,179
Jun 2002	0	799	23.73	3.34	$2,667
May 2002	15	954	24.66	3.58	$3,789
Apr 2002	186	0	23.65	3.51	$4,399
Mar 2002	194	946	22.00	3.10	$7,203
Feb 2002	170	864	18.22	2.38	$5,150
Jan 2002	186	960	17.17	2.38	$5,474
Dec 2001	169	947	16.93	2.36	$5,100
Nov 2001	118	886	18.07	2.41	$4,264
Oct 2001	49	869	19.78	2.53	$3,167
Sep 2001	55	852	24.26	2.25	$3,252
Aug 2001	53	953	24.87	3.05	$4,228
Jul 2001	72	1,192	23.93	3.20	$5,534
Jun 2001	181	1,405	24.56	3.82	$9,818
May 2001	226	1,469	25.52	4.31	$12,095
Apr 2001	280	1,725	24.68	5.34	$16,114
Mar 2001	209	1,142	24.54	5.38	$11,269
Feb 2001	204	0	27.75	5.77	$5,661
Jan 2001	167	1,161	27.47	8.40	$14,338
Dec 2000	209	1,511	26.88	9.12	$19,402
Nov 2000	136	1,196	32.21	5.66	$11,148
Oct 2000	138	1,149	31.23	5.15	$10,222
Sep 2000	121	991	31.87	5.19	$8,996
Aug 2000	161	1,182	29.64	4.54	$10,139
Jul 2000	143	1,196	28.53	4.09	$8,971
Jun 2000	167	1,214	29.30	4.40	$10,231
May 2000	196	1,463	27.26	3.68	$10,726
Apr 2000	127	657	24.51	3.12	$5,160
Mar 2000	153	1,105	28.42	2.86	$7,508
Feb 2000	158	1,088	27.62	2.73	$7,330
Jan 2000	174	1,067	25.27	2.48	$7,044
Dec 1999	172	1,097	24.28	2.42	$6,835
Nov 1999	176	1,062	23.19	2.43	$6,666
Oct 1999	172	1,501	20.98	2.80	$7,817
Sep 1999	98	755	21.75	2.62	$4,109
Aug 1999	91	923	19.26	2.88	$4,407
Jul 1999	92	719	17.89	2.37	$3,352
Jun 1999	133	1,059	15.94	2.36	$4,621
May 1999	127	1,061	15.79	2.32	$4,468
Apr 1999	136	997	15.10	2.21	$4,255
Mar 1999	147	942	12.47	1.84	$3,565
Feb 1999	143	929	9.98	1.82	$3,116
Jan 1999	119	972	10.38	1.90	$3,082
Dec 1998	110	904	9.20	1.77	$2,615
Nov 1998	116	1,064	10.89	2.19	$3,589
Oct 1998	126	1,125	12.42	1.97	$3,780
Sep 1998	125	1,189	12.59	2.08	$4,050
Aug 1998	79	762	11.30	1.91	$2,346
Jul 1998	45	215	11.74	2.24	$1,009
Jun 1998	48	217	11.24	2.24	$1,025
May 1998	102	255	12.62	2.21	$1,850
Apr 1998	251	423	13.04	2.51	$4,333
Mar 1998	313	864	12.80	2.31	$6,002
Feb 1998	308	814	13.95	2.30	$6,168
Jan 1998	456	1,902	14.70	2.15	$10,802
Dec 1997	269	2,466	16.32	2.41	$10,336
Nov 1997	121	960	18.19	3.09	$5,166
Oct 1997	109	991	19.25	3.15	$5,220
Sep 1997	117	1,027	17.74	2.95	$5,110
Aug 1997	45	441	17.86	2.55	$1,930
Jul 1997	153	468	17.58	2.25	$3,741
Jun 1997	90	1,291	17.24	2.26	$4,466
May 1997	75	1,354	18.97	2.31	$4,548
Apr 1997	104	939	17.88	2.08	$3,815
Mar 1997	146	1,681	18.95	1.94	$6,026
Feb 1997	95	919	20.49	2.21	$3,974
Jan 1997	177	1,252	23.48	3.54	$8,588
Dec 1996	83	836	23.32	—	$1,936
Nov 1996	177	1,028	21.97	—	$3,889
Oct 1996	88	1,093	23.31	—	$2,051
Sep 1996	146	967	22.22	—	$3,244
Aug 1996	89	1,068	20.26	—	$1,803
Jul 1996	161	1,072	19.55	—	$3,148
Jun 1996	83	973	18.73	—	$1,555
May 1996	171	1,014	19.43	—	$3,323
Apr 1996	0	1,014	21.51	—	$0
Mar 1996	173	1,019	19.38	—	$3,353
Feb 1996	252	1,040	16.98	—	$4,279
Jan 1996	82	949	17.07	—	$1,400
Dec 1995	0	865	17.19	—	$0
Nov 1995	182	945	16.00	—	$2,912
Oct 1995	169	1,002	15.43	—	$2,608
Sep 1995	176	990	16.18	—	$2,848
Aug 1995	87	1,034	15.92	—	$1,385
Jul 1995	141	1,061	15.24	—	$2,149
Jun 1995	25	1,036	16.41	—	$410
May 1995	24	967	17.56	—	$421
Apr 1995	52	1,009	17.73	—	$922
Mar 1995	77	1,059	16.44	—	$1,266
Feb 1995	53	958	16.58	—	$879
Jan 1995	53	1,112	15.92	—	$844
Dec 1994	102	1,245	15.03	—	$1,533
Nov 1994	0	1,377	15.90	—	$0
Oct 1994	33	1,728	15.58	—	$514
Sep 1994	369	569	15.29	—	$5,642
Aug 1994	0	737	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	387	864	15.85	—	$6,134
Sep 1993	0	677	15.03	—	$0
Aug 1993	190	1,021	15.66	—	$2,975
Jul 1993	185	561	15.46	—	$2,860
Jun 1993	0	805	16.79	—	$0
May 1993	189	715	17.68	—	$3,342
Apr 1993	173	926	18.05	—	$3,123
Mar 1993	0	953	18.14	—	$0
Feb 1993	194	725	17.90	—	$3,473
Jan 1993	189	975	16.93	—	$3,200

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.

Aug 2002 — as filed, then multipliedworked

Oil                    0 bbl  × $ 25.96 =         $0
Casinghead gas       130 Mcf  × $  3.16 =       $411

────────────────────────────────────────────────────
Month total                                     $411

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/11385 is the state's own key, not one this site invented.