CAUDLE, A. R.

Operated by SPELLER OIL CORPORATION (P-5 809313) in the CHAPEL HILL (TRAVIS PEAK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 11902District 06Field 17008777OilCasinghead gasSaveExport
Value, all time
$298 k
Jan 1993 – Dec 2007
Value, last 12 filed months
$5 k
at the published price for each month
Months reported
180
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 127 leases and 167 wells, and the rule below applies to all of them.

Discovered
1966-12-12
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 1981-10-05.

The Commission's schedule remark for this field reads: ALLOCATION FORMULA SUSPENDED ADMINISTRATIVELY EFF. 8-1-92.

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
OilDisposition11,672 bbl$297,995
Casinghead gasProduction46 Mcf$0
Total$297,995

46 Mcf of this lease's gas, across 46 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 32.2921, -95.1345. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.29209, -95.13451 · 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
8,500 ft
1 wells filed one
Completion to plug
21.6 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 8,500 ft.

Completions filed
Jan 1986
1 of 1 wells
Plug dates filed
Aug 2007
1 of 1 wells

Last completion to plug: a median of 21.6 years across the 1 well that filed both dates, with the middle half between 21.6 years and 21.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4233102618,500 ftJan 1986Aug 2007Yes

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 (180)

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

180 months

Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 200764070.906.39$4,538
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 200639060.085.04$2,343
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 200698066.286.38$6,495
May 200659066.016.42$3,895
Apr 20060064.397.36$0
Mar 200647056.707.08$2,665
Feb 2006123057.597.75$7,084
Jan 20060060.598.93$0
Dec 2005138054.9413.42$7,582
Nov 2005100054.6910.59$5,469
Oct 20050058.3413.80$0
Sep 200548061.4512.08$2,950
Aug 200588061.519.80$5,413
Jul 2005105055.697.84$5,847
Jun 20050052.337.38$0
May 2005171045.226.65$7,733
Apr 20050049.207.36$0
Mar 2005237050.377.15$11,938
Feb 20050045.226.31$0
Jan 2005164043.166.32$7,078
Dec 20040039.866.75$0
Nov 2004173045.286.33$7,833
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 2004144042.375.55$6,101
Jul 20040038.286.08$0
Jun 2004161036.106.43$5,812
May 20040037.486.49$0
Apr 2004166034.475.86$5,722
Mar 20040034.365.53$0
Feb 2004147032.455.51$4,770
Jan 20040032.036.30$0
Dec 2003150030.266.30$4,539
Nov 20030028.804.60$0
Oct 2003171028.174.76$4,817
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 2003138029.415.17$4,059
Jun 20030028.565.98$0
May 2003150026.595.97$3,989
Apr 20030026.675.41$0
Mar 2003153031.146.10$4,764
Feb 20030033.487.93$0
Jan 2003151030.315.58$4,577
Dec 20020026.914.85$0
Nov 2002158024.664.14$3,896
Oct 20020026.464.23$0
Sep 2002150027.443.64$4,116
Aug 20020025.963.16$0
Jul 2002155024.583.06$3,810
Jun 20020023.733.34$0
May 2002146024.663.58$3,600
Apr 20020023.653.51$0
Mar 2002165022.003.10$3,630
Feb 20020018.222.38$0
Jan 2002174017.172.38$2,988
Dec 20010016.932.36$0
Nov 2001142018.072.41$2,566
Oct 20010019.782.53$0
Sep 2001158024.262.25$3,833
Aug 20010024.873.05$0
Jul 2001154023.933.20$3,685
Jun 20010024.563.82$0
May 2001170025.524.31$4,338
Apr 20010024.685.34$0
Mar 2001157024.545.38$3,853
Feb 20010027.755.77$0
Jan 2001159027.478.40$4,368
Dec 20000026.889.12$0
Nov 2000149032.215.66$4,799
Oct 20000031.235.15$0
Sep 2000143031.875.19$4,557
Aug 20000029.644.54$0
Jul 2000119028.534.09$3,395
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 200099027.622.73$2,734
Jan 20000025.272.48$0
Dec 1999109024.282.42$2,647
Nov 19990023.192.43$0
Oct 1999114020.982.80$2,392
Sep 19990021.752.62$0
Aug 1999134019.262.88$2,581
Jul 19990017.892.37$0
Jun 1999136015.942.36$2,168
May 19990015.792.32$0
Apr 1999147015.102.21$2,220
Mar 19990012.471.84$0
Feb 199913709.981.82$1,367
Jan 19990010.381.90$0
Dec 199814609.201.77$1,343
Nov 19980010.892.19$0
Oct 1998141012.421.97$1,751
Sep 19980012.592.08$0
Aug 199872011.301.91$814
Jul 199872011.742.24$845
Jun 199869011.242.24$776
May 199868012.622.21$858
Apr 199879013.042.51$1,030
Mar 199880012.802.31$1,024
Feb 199866013.952.30$921
Jan 199866014.702.15$970
Dec 1997160016.322.41$2,611
Nov 19970018.193.09$0
Oct 199775019.253.15$1,444
Sep 199762017.742.95$1,100
Aug 199781017.862.55$1,447
Jul 199766017.582.25$1,160
Jun 1997148017.242.26$2,552
May 19970018.972.31$0
Apr 199764017.882.08$1,144
Mar 1997150018.951.94$2,843
Feb 19970020.492.21$0
Jan 1997139023.483.54$3,264
Dec 19960023.32$0
Nov 1996110021.97$2,417
Oct 19961123.31$23
Sep 199661122.22$1,355
Aug 1996100120.26$2,026
Jul 1996149119.55$2,913
Jun 19960118.73$0
May 19960119.43$0
Apr 199684121.51$1,807
Mar 199673119.38$1,415
Feb 199676116.98$1,290
Jan 1996115117.07$1,963
Dec 199551117.19$877
Nov 19950116.00$0
Oct 199542115.43$648
Sep 199538116.18$615
Aug 19950115.92$0
Jul 199555115.24$838
Jun 199541116.41$673
May 199562117.56$1,089
Apr 199557117.73$1,011
Mar 199554116.44$888
Feb 199550116.58$829
Jan 199541115.92$653
Dec 199451115.03$767
Nov 1994138115.90$2,194
Oct 1994100115.58$1,558
Sep 19940115.29$0
Aug 199488116.13$1,419
Jul 1994192117.56$3,372
Jun 19940117.09$0
May 199497115.88$1,540
Apr 199493114.14$1,315
Mar 1994104112.46$1,296
Feb 199483112.50$1,038
Jan 1994101112.66$1,279
Dec 1993103112.33$1,270
Nov 199398114.49$1,420
Oct 199396115.85$1,522
Sep 199392115.03$1,383
Aug 1993114115.66$1,785
Jul 1993102115.46$1,577
Jun 1993111116.79$1,864
May 1993102117.68$1,803
Apr 1993100118.05$1,805
Mar 1993117118.14$2,122
Feb 199379117.90$1,414
Jan 199387116.93$1,473

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.

Jul 2007 — as filed, then multipliedworked
Oil                   64 bbl  × $ 70.90 =     $4,538
Casinghead gas         0 Mcf  × $  6.39 =         $0

────────────────────────────────────────────────────
Month total                                   $4,538

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/11902 is the state's own key, not one this site invented.