RUDD, W. L.

Operated by BUFFCO PRODUCTION INC. (P-5 106406) in the WASKOM (TRAVIS PEAK 6115) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 12599District 06Field 95369890OilCasinghead gasSaveExport
Value, all time
$83 k
Jan 1993 – Oct 1998
Value, last 12 filed months
$5 k
at the published price for each month
Months reported
70
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 12 leases and 15 wells, and the rule below applies to all of them.

Discovered
1985-11-13
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: EFFECTIVE AUGUST.

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
OilDisposition4,885 bbl$83,209
Casinghead gasProduction19,091 Mcf$0
Total$83,209

19,091 Mcf of this lease's gas, across 29 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 32.3803, -94.1389. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.38030, -94.13886 · 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
7,010 ft
1 wells filed one
Completion to plug
10.1 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 7,010 ft.

Completions filed
Apr 1988
1 of 1 wells
Plug dates filed
May 1998
1 of 1 wells

Last completion to plug: a median of 10.1 years across the 1 well that filed both dates, with the middle half between 10.1 years and 10.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2033129917,010 ftApr 1988May 1998Yes

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 (70)

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

70 months

Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 1998121011.742.24$1,421
Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 19980013.042.51$0
Mar 19980012.802.31$0
Feb 19980013.952.30$0
Jan 19980014.702.15$0
Dec 19970016.322.41$0
Nov 1997191018.193.09$3,474
Oct 19970019.253.15$0
Sep 1997183017.742.95$3,246
Aug 19970017.862.55$0
Jul 1997183017.582.25$3,217
Jun 19970017.242.26$0
May 1997186018.972.31$3,528
Apr 1997176017.882.08$3,147
Mar 19971018.951.94$19
Feb 19970020.492.21$0
Jan 19970023.483.54$0
Dec 1996186023.32$4,338
Nov 19960021.97$0
Oct 1996187023.31$4,359
Sep 19960022.22$0
Aug 19960020.26$0
Jul 19960019.55$0
Jun 1996189018.73$3,540
May 19960019.43$0
Apr 19960021.51$0
Mar 19960019.38$0
Feb 19960016.98$0
Jan 19960017.07$0
Dec 19950017.19$0
Nov 19950016.00$0
Oct 19950015.43$0
Sep 19950016.18$0
Aug 19950015.92$0
Jul 199506915.24$0
Jun 1995178016.41$2,921
May 1995058017.56$0
Apr 199507717.73$0
Mar 1995037416.44$0
Feb 199518787316.58$3,100
Jan 1995097215.92$0
Dec 199419994715.03$2,991
Nov 1994081415.90$0
Oct 199419378015.58$3,007
Sep 199419091815.29$2,905
Aug 199419399416.13$3,113
Jul 1994069017.56$0
Jun 199419250317.09$3,281
May 1994075915.88$0
Apr 199418880214.14$2,658
Mar 199418367312.46$2,280
Feb 1994042412.50$0
Jan 1994038212.66$0
Dec 1993017512.33$0
Nov 1993022314.49$0
Oct 19931901,17515.85$3,012
Sep 19931991,11115.03$2,991
Aug 1993079915.66$0
Jul 19931921,30515.46$2,968
Jun 19931921,03616.79$3,224
May 1993185117.68$3,271
Apr 19932431,18718.05$4,386
Mar 199318644718.14$3,374
Feb 1993192117.90$3,437
Jan 19930016.93$0

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 1998 — as filed, then multipliedworked
Oil                  121 bbl  × $ 11.74 =     $1,421
Casinghead gas         0 Mcf  × $  2.24 =         $0

────────────────────────────────────────────────────
Month total                                   $1,421

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/12599 is the state's own key, not one this site invented.