SPELL

Name: SPELL lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by GOLDSBERRY OPERATING CO., INC. (P-5 313600) in the RODESSA, NW. (DEES, UPPER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 12541District 06Field 77811300OilCasinghead gasSave Export

Value, all time

$724 k

Jan 1993 – Mar 2004

Value, last 12 filed months

$4 k

at the published price for each month

Months reported

135

no gaps in the span

Streams

oil, casinghead gas

The RODESSA, NW. (DEES, UPPER) 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 30 leases and 104 wells, and the rule below applies to all of them.

Discovered

1982-08-20

as the register files it

Field class

Oil

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 1995-01-09.

The Commission's schedule remark for this field reads: “AMEND FLD RULES DKT 6-95951-OPTIONAL 80 ACRE UNITS W/3250'DIAGONAL”

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	33,983 bbl	$631,753
Casinghead gas	Production	31,161 Mcf	$91,956
Total			$723,708

4,949 Mcf of this lease's gas, across 48 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 32.9630, -94.0807. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.96300, -94.08072 · 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

6,210 ft

1 wells filed one

Completion to plug

14.5 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 6,210 ft.

Completions filed

May 1989

1 of 1 wells

Plug dates filed

Nov 2003

1 of 1 wells

Last completion to plug: a median of 14.5 years across the 1 well that filed both dates, with the middle half between 14.5 years and 14.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-06730604	1	6,210 ft	May 1989	Nov 2003	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 (135)

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

135 months


Mar 2004	0	0	34.36	5.53	$0
Feb 2004	0	0	32.45	5.51	$0
Jan 2004	116	0	32.03	6.30	$3,715
Dec 2003	0	0	30.26	6.30	$0
Nov 2003	0	0	28.80	4.60	$0
Oct 2003	0	0	28.17	4.76	$0
Sep 2003	0	0	26.31	4.75	$0
Aug 2003	0	0	29.76	5.13	$0
Jul 2003	0	0	29.41	5.17	$0
Jun 2003	0	0	28.56	5.98	$0
May 2003	0	0	26.59	5.97	$0
Apr 2003	0	0	26.67	5.41	$0
Mar 2003	0	131	31.14	6.10	$799
Feb 2003	0	222	33.48	7.93	$1,760
Jan 2003	0	509	30.31	5.58	$2,841
Dec 2002	0	284	26.91	4.85	$1,378
Nov 2002	159	0	24.66	4.14	$3,921
Oct 2002	0	193	26.46	4.23	$816
Sep 2002	193	725	27.44	3.64	$7,931
Aug 2002	364	829	25.96	3.16	$12,073
Jul 2002	192	925	24.58	3.06	$7,551
Jun 2002	382	807	23.73	3.34	$11,759
May 2002	194	563	24.66	3.58	$6,802
Apr 2002	384	1,057	23.65	3.51	$12,794
Mar 2002	194	1,109	22.00	3.10	$7,709
Feb 2002	194	985	18.22	2.38	$5,875
Jan 2002	197	1,182	17.17	2.38	$6,191
Dec 2001	194	811	16.93	2.36	$5,202
Nov 2001	580	670	18.07	2.41	$12,092
Oct 2001	193	1,109	19.78	2.53	$6,622
Sep 2001	375	1,233	24.26	2.25	$11,873
Aug 2001	0	1,583	24.87	3.05	$4,833
Jul 2001	382	1,628	23.93	3.20	$14,346
Jun 2001	181	1,406	24.56	3.82	$9,822
May 2001	385	2,369	25.52	4.31	$20,029
Apr 2001	386	1,590	24.68	5.34	$18,010
Mar 2001	387	1,859	24.54	5.38	$19,492
Feb 2001	496	0	27.75	5.77	$13,764
Jan 2001	0	0	27.47	8.40	$0
Dec 2000	192	0	26.88	9.12	$5,161
Nov 2000	0	0	32.21	5.66	$0
Oct 2000	377	0	31.23	5.15	$11,774
Sep 2000	362	0	31.87	5.19	$11,537
Aug 2000	0	0	29.64	4.54	$0
Jul 2000	0	0	28.53	4.09	$0
Jun 2000	0	42	29.30	4.40	$185
May 2000	179	64	27.26	3.68	$5,115
Apr 2000	191	38	24.51	3.12	$4,800
Mar 2000	352	110	28.42	2.86	$10,318
Feb 2000	197	86	27.62	2.73	$5,676
Jan 2000	378	102	25.27	2.48	$9,805
Dec 1999	372	108	24.28	2.42	$9,294
Nov 1999	193	56	23.19	2.43	$4,612
Oct 1999	333	32	20.98	2.80	$7,076
Sep 1999	183	58	21.75	2.62	$4,132
Aug 1999	369	40	19.26	2.88	$7,222
Jul 1999	0	8	17.89	2.37	$19
Jun 1999	377	43	15.94	2.36	$6,111
May 1999	192	34	15.79	2.32	$3,111
Apr 1999	195	48	15.10	2.21	$3,050
Mar 1999	385	47	12.47	1.84	$4,887
Feb 1999	196	43	9.98	1.82	$2,034
Jan 1999	582	51	10.38	1.90	$6,138
Dec 1998	192	45	9.20	1.77	$1,846
Nov 1998	193	45	10.89	2.19	$2,200
Oct 1998	384	47	12.42	1.97	$4,862
Sep 1998	193	48	12.59	2.08	$2,530
Aug 1998	379	53	11.30	1.91	$4,384
Jul 1998	192	41	11.74	2.24	$2,346
Jun 1998	189	37	11.24	2.24	$2,207
May 1998	386	55	12.62	2.21	$4,993
Apr 1998	383	56	13.04	2.51	$5,135
Mar 1998	192	56	12.80	2.31	$2,587
Feb 1998	378	64	13.95	2.30	$5,420
Jan 1998	363	77	14.70	2.15	$5,502
Dec 1997	180	77	16.32	2.41	$3,123
Nov 1997	357	69	18.19	3.09	$6,707
Oct 1997	384	72	19.25	3.15	$7,619
Sep 1997	189	59	17.74	2.95	$3,527
Aug 1997	375	53	17.86	2.55	$6,833
Jul 1997	193	66	17.58	2.25	$3,541
Jun 1997	362	69	17.24	2.26	$6,397
May 1997	186	77	18.97	2.31	$3,706
Apr 1997	352	62	17.88	2.08	$6,423
Mar 1997	386	71	18.95	1.94	$7,452
Feb 1997	389	63	20.49	2.21	$8,110
Jan 1997	170	61	23.48	3.54	$4,208
Dec 1996	378	80	23.32	—	$8,815
Nov 1996	193	82	21.97	—	$4,240
Oct 1996	383	76	23.31	—	$8,928
Sep 1996	383	79	22.22	—	$8,510
Aug 1996	190	81	20.26	—	$3,849
Jul 1996	382	74	19.55	—	$7,468
Jun 1996	381	76	18.73	—	$7,136
May 1996	185	79	19.43	—	$3,595
Apr 1996	366	78	21.51	—	$7,873
Mar 1996	365	82	19.38	—	$7,074
Feb 1996	191	85	16.98	—	$3,243
Jan 1996	386	82	17.07	—	$6,589
Dec 1995	385	84	17.19	—	$6,618
Nov 1995	197	111	16.00	—	$3,152
Oct 1995	386	109	15.43	—	$5,956
Sep 1995	199	107	16.18	—	$3,220
Aug 1995	507	112	15.92	—	$8,071
Jul 1995	189	115	15.24	—	$2,880
Jun 1995	377	113	16.41	—	$6,187
May 1995	385	111	17.56	—	$6,761
Apr 1995	198	108	17.73	—	$3,511
Mar 1995	398	113	16.44	—	$6,543
Feb 1995	203	113	16.58	—	$3,366
Jan 1995	392	118	15.92	—	$6,241
Dec 1994	206	103	15.03	—	$3,096
Nov 1994	395	111	15.90	—	$6,281
Oct 1994	394	111	15.58	—	$6,139
Sep 1994	205	111	15.29	—	$3,134
Aug 1994	399	127	16.13	—	$6,436
Jul 1994	196	104	17.56	—	$3,442
Jun 1994	394	121	17.09	—	$6,733
May 1994	383	112	15.88	—	$6,082
Apr 1994	194	99	14.14	—	$2,743
Mar 1994	400	122	12.46	—	$4,984
Feb 1994	205	105	12.50	—	$2,563
Jan 1994	388	121	12.66	—	$4,912
Dec 1993	398	111	12.33	—	$4,907
Nov 1993	205	117	14.49	—	$2,970
Oct 1993	400	123	15.85	—	$6,340
Sep 1993	389	109	15.03	—	$5,847
Aug 1993	390	111	15.66	—	$6,107
Jul 1993	208	103	15.46	—	$3,216
Jun 1993	392	102	16.79	—	$6,582
May 1993	191	114	17.68	—	$3,377
Apr 1993	387	107	18.05	—	$6,985
Mar 1993	191	112	18.14	—	$3,465
Feb 1993	398	112	17.90	—	$7,124
Jan 1993	396	113	16.93	—	$6,704

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.

Jan 2004 — as filed, then multipliedworked

Oil                  116 bbl  × $ 32.03 =     $3,715
Casinghead gas         0 Mcf  × $  6.30 =         $0

────────────────────────────────────────────────────
Month total                                   $3,715

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/12541 is the state's own key, not one this site invented.