RUDD, RICHARD

Operated by KEY PRODUCTION COMPANY, INC. (P-5 458573) in the LANE CHAPEL (PALUXY A SAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 12597District 06Field 51850625OilCasinghead gasSaveExport
Value, all time
$92 k
Jan 1993 – Apr 1997
Value, last 12 filed months
$11 k
at the published price for each month
Months reported
52
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 29 leases and 69 wells, and the rule below applies to all of them.

Discovered
1989-09-01
as the register files it
Field class
Oil
the register's own label
Between wells
660 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 2007-11-06.

The Commission's schedule remark for this field reads: 14941 & 14845 UNITIZED INTO THIS UNIT.

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
OilDisposition5,669 bbl$91,855
Casinghead gasProduction9 Mcf$0
Total$91,855

9 Mcf of this lease's gas, across 9 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 32.3316, -95.1717. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.33162, -95.17166 · 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
6,650 ft
1 wells filed one
Completion to plug
7.4 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 6,650 ft.

Completions filed
May 1989
1 of 1 wells
Plug dates filed
Oct 1996
1 of 1 wells

Last completion to plug: a median of 7.4 years across the 1 well that filed both dates, with the middle half between 7.4 years and 7.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-423311891 A6,650 ftMay 1989Oct 1996Yes

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 (52)

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

52 months

Apr 19970017.882.08$0
Mar 19970018.951.94$0
Feb 1997557020.492.21$11,413
Jan 19970023.483.54$0
Dec 19960023.32$0
Nov 19960021.97$0
Oct 19960023.31$0
Sep 19960022.22$0
Aug 19960020.26$0
Jul 19960019.55$0
Jun 19960018.73$0
May 19960019.43$0
Apr 19960021.51$0
Mar 19960019.38$0
Feb 19960016.98$0
Jan 1996165017.07$2,817
Dec 1995158017.19$2,716
Nov 1995156016.00$2,496
Oct 1995169015.43$2,608
Sep 1995351016.18$5,679
Aug 19950015.92$0
Jul 1995174015.24$2,652
Jun 1995177016.41$2,905
May 1995151017.56$2,652
Apr 1995157017.73$2,784
Mar 1995157016.44$2,581
Feb 1995153016.58$2,537
Jan 1995160015.92$2,547
Dec 1994166015.03$2,495
Nov 19940015.90$0
Oct 1994170015.58$2,649
Sep 1994157015.29$2,401
Aug 1994153016.13$2,468
Jul 1994164017.56$2,880
Jun 1994170017.09$2,905
May 1994170015.88$2,700
Apr 1994158014.14$2,234
Mar 1994166012.46$2,068
Feb 1994159012.50$1,988
Jan 1994153012.66$1,937
Dec 1993162012.33$1,997
Nov 19930014.49$0
Oct 1993161015.85$2,552
Sep 1993169115.03$2,540
Aug 1993182115.66$2,850
Jul 1993166115.46$2,566
Jun 1993175116.79$2,938
May 19930117.68$0
Apr 1993182118.05$3,285
Mar 19930118.14$0
Feb 19930117.90$0
Jan 19931116.93$17

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.

Feb 1997 — as filed, then multipliedworked
Oil                  557 bbl  × $ 20.49 =    $11,413
Casinghead gas         0 Mcf  × $  2.21 =         $0

────────────────────────────────────────────────────
Month total                                  $11,413

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/12597 is the state's own key, not one this site invented.