TALCO STATE OIL UNIT NO. 1

Operated by EXXON MOBIL CORPORATION (P-5 257128) in the TALCO field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 12387District 06Field 88207001OilCasinghead gasSave
Value, all time
$2.1 M
Jan 1993 – Oct 2011
Value, last 12 filed months
$153 k
at the published price for each month
Months reported
226
no gaps in the span
Streams
2
oil, casinghead gas

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
OilDisposition61,575 bbl$2,066,803
Casinghead gasProduction23 Mcf$0
Total$2,066,803

23 Mcf of this lease's gas, across 23 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 33.3351, -95.1895. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.33514, -95.18947 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
4,438 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

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 4,438 ft.

Completions filed
Sep 1987
1 of 1 wells

1 well

42-1593043014,438 ftSep 1987

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 (226)

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

226 months

Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 2011340092.904.64$31,586
May 2011201098.134.40$19,724
Apr 20111780105.964.33$18,861
Mar 2011201096.364.06$19,368
Feb 2011139085.644.18$11,904
Jan 2011234086.504.59$20,241
Dec 2010200085.734.35$17,146
Nov 2010181080.843.80$14,632
Oct 2010189078.103.51$14,761
Sep 2010212072.633.98$15,398
Aug 2010186073.684.42$13,704
Jul 2010196072.554.74$14,220
Jun 2010206070.364.91$14,494
May 2010181071.124.24$12,873
Apr 2010197081.694.12$16,093
Mar 2010194078.394.39$15,208
Feb 2010175073.585.44$12,877
Jan 2010144074.365.96$10,708
Dec 2009218071.445.48$15,574
Nov 2009208074.593.75$15,515
Oct 2009215072.544.11$15,596
Sep 2009198065.543.06$12,977
Aug 2009198067.423.22$13,349
Jul 2009219061.133.46$13,387
Jun 2009218066.163.90$14,423
May 2009192054.743.93$10,510
Apr 2009182046.773.59$8,512
Mar 2009207042.144.06$8,723
Feb 2009187032.814.63$6,135
Jan 2009212035.865.37$7,602
Dec 2008211037.105.98$7,828
Nov 2008181055.496.86$10,044
Oct 2008214075.246.92$16,101
Sep 20082030101.767.88$20,657
Aug 20082210114.228.48$25,243
Jul 20082300131.0811.39$30,148
Jun 20082360131.3313.03$30,994
May 20081730123.1711.57$21,308
Apr 20081960110.3110.45$21,621
Mar 20082220101.909.66$22,622
Feb 2008189092.538.77$17,488
Jan 2008184090.388.21$16,630
Dec 2007186088.337.30$16,429
Nov 200786091.677.29$7,884
Oct 2007143082.856.92$11,848
Sep 200713075.846.24$986
Aug 200776069.066.39$5,249
Jul 2007227070.906.39$16,094
Jun 2007202062.007.55$12,524
May 2007228058.747.85$13,393
Apr 2007211059.617.81$12,578
Mar 2007232056.927.30$13,205
Feb 2007201055.108.22$11,075
Jan 2007240050.306.73$12,072
Dec 2006244056.656.92$13,823
Nov 2006170054.207.62$9,214
Oct 2006270054.906.01$14,823
Sep 2006205060.085.04$12,316
Aug 2006223068.717.34$15,322
Jul 2006300069.376.34$20,811
Jun 2006221066.286.38$14,648
May 2006235066.016.42$15,512
Apr 2006220064.397.36$14,166
Mar 2006231056.707.08$13,098
Feb 2006195057.597.75$11,230
Jan 2006264060.598.93$15,996
Dec 2005222054.9413.42$12,197
Nov 2005214054.6910.59$11,704
Oct 2005235058.3413.80$13,710
Sep 2005213061.4512.08$13,089
Aug 2005234061.519.80$14,393
Jul 2005178055.697.84$9,913
Jun 2005257052.337.38$13,449
May 2005237045.226.65$10,717
Apr 2005225049.207.36$11,070
Mar 2005220050.377.15$11,081
Feb 2005200045.226.31$9,044
Jan 2005225043.166.32$9,711
Dec 2004165039.866.75$6,577
Nov 2004266045.286.33$12,044
Oct 2004254049.706.52$12,624
Sep 2004253043.245.28$10,940
Aug 2004242042.375.55$10,254
Jul 2004250038.286.08$9,570
Jun 2004263036.106.43$9,494
May 2004255037.486.49$9,557
Apr 2004227034.475.86$7,825
Mar 2004230034.365.53$7,903
Feb 2004204032.455.51$6,620
Jan 2004188032.036.30$6,022
Dec 2003228030.266.30$6,899
Nov 2003300028.804.60$8,640
Oct 2003246028.174.76$6,930
Sep 2003267026.314.75$7,025
Aug 2003267029.765.13$7,946
Jul 2003288029.415.17$8,470
Jun 2003291028.565.98$8,311
May 2003261026.595.97$6,940
Apr 2003226026.675.41$6,027
Mar 2003260031.146.10$8,096
Feb 2003200033.487.93$6,696
Jan 2003266030.315.58$8,062
Dec 2002196026.914.85$5,274
Nov 2002224024.664.14$5,524
Oct 2002251026.464.23$6,641
Sep 200277027.443.64$2,113
Aug 2002268025.963.16$6,957
Jul 2002255024.583.06$6,268
Jun 2002249023.733.34$5,909
May 2002246024.663.58$6,066
Apr 2002252023.653.51$5,960
Mar 2002173022.003.10$3,806
Feb 2002240018.222.38$4,373
Jan 2002400017.172.38$6,868
Dec 2001213016.932.36$3,606
Nov 2001200018.072.41$3,614
Oct 2001322019.782.53$6,369
Sep 2001269024.262.25$6,526
Aug 2001300024.873.05$7,461
Jul 2001381023.933.20$9,117
Jun 2001188024.563.82$4,617
May 2001267025.524.31$6,814
Apr 2001384024.685.34$9,477
Mar 2001297024.545.38$7,288
Feb 2001229027.755.77$6,355
Jan 2001332027.478.40$9,120
Dec 2000276026.889.12$7,419
Nov 2000375032.215.66$12,079
Oct 2000293031.235.15$9,150
Sep 2000239031.875.19$7,617
Aug 2000312029.644.54$9,248
Jul 2000243028.534.09$6,933
Jun 2000351029.304.40$10,284
May 2000204027.263.68$5,561
Apr 2000348024.513.12$8,529
Mar 2000348028.422.86$9,890
Feb 2000274027.622.73$7,568
Jan 2000296025.272.48$7,480
Dec 1999382024.282.42$9,275
Nov 1999150023.192.43$3,479
Oct 1999237020.982.80$4,972
Sep 1999172021.752.62$3,741
Aug 1999262019.262.88$5,046
Jul 1999274017.892.37$4,902
Jun 1999255015.942.36$4,065
May 1999376015.792.32$5,937
Apr 1999291015.102.21$4,394
Mar 1999253012.471.84$3,155
Feb 199927609.981.82$2,754
Jan 1999253010.381.90$2,626
Dec 199829509.201.77$2,714
Nov 1998235010.892.19$2,559
Oct 1998188012.421.97$2,335
Sep 1998290012.592.08$3,651
Aug 1998345011.301.91$3,899
Jul 1998319011.742.24$3,745
Jun 1998333011.242.24$3,743
May 1998319012.622.21$4,026
Apr 1998226013.042.51$2,947
Mar 1998345012.802.31$4,416
Feb 1998335013.952.30$4,673
Jan 1998357014.702.15$5,248
Dec 1997322016.322.41$5,255
Nov 1997307018.193.09$5,584
Oct 1997304019.253.15$5,852
Sep 1997326017.742.95$5,783
Aug 1997366017.862.55$6,537
Jul 1997338017.582.25$5,942
Jun 1997332017.242.26$5,724
May 1997354018.972.31$6,715
Apr 1997361017.882.08$6,455
Mar 1997366018.951.94$6,936
Feb 1997330020.492.21$6,762
Jan 1997374023.483.54$8,782
Dec 1996414023.32$9,654
Nov 1996308021.97$6,767
Oct 1996369023.31$8,601
Sep 1996378022.22$8,399
Aug 1996392020.26$7,942
Jul 1996372019.55$7,273
Jun 1996384018.73$7,192
May 1996400019.43$7,772
Apr 1996412021.51$8,862
Mar 1996398019.38$7,713
Feb 1996352016.98$5,977
Jan 1996411017.07$7,016
Dec 1995393017.19$6,756
Nov 1995388016.00$6,208
Oct 1995404015.43$6,234
Sep 1995405016.18$6,553
Aug 1995435015.92$6,925
Jul 1995408015.24$6,218
Jun 1995399016.41$6,548
May 1995388017.56$6,813
Apr 1995382017.73$6,773
Mar 1995412016.44$6,773
Feb 1995414016.58$6,864
Jan 1995399015.92$6,352
Dec 1994395015.03$5,937
Nov 1994385115.90$6,122
Oct 1994370115.58$5,765
Sep 1994378115.29$5,780
Aug 1994414116.13$6,678
Jul 1994423117.56$7,428
Jun 1994415117.09$7,092
May 1994410115.88$6,511
Apr 1994404114.14$5,713
Mar 1994416112.46$5,183
Feb 1994384112.50$4,800
Jan 1994405112.66$5,127
Dec 1993415112.33$5,117
Nov 1993361114.49$5,231
Oct 1993460115.85$7,291
Sep 1993327115.03$4,915
Aug 1993439115.66$6,875
Jul 1993403115.46$6,230
Jun 1993416116.79$6,985
May 1993449117.68$7,938
Apr 1993404118.05$7,292
Mar 1993402118.14$7,292
Feb 1993390117.90$6,981
Jan 1993425116.93$7,195

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 2011 — as filed, then multipliedworked
Oil                  340 bbl  × $ 92.90 =    $31,586
Casinghead gas         0 Mcf  × $  4.64 =         $0

────────────────────────────────────────────────────
Month total                                  $31,586

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/12387 is the state's own key, not one this site invented.