JORDAN

Operated by LACY, R., INC. (P-5 480930) in the CARTHAGE (TRAVIS PEAK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 13324District 06Field 16032812OilCasinghead gasSaveExport
Value, all time
$148 k
Jun 1994 – Aug 1999
Value, last 12 filed months
$6 k
at the published price for each month
Months reported
63
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 873 leases and 896 wells, and the rule below applies to all of them.

Discovered
1943-06-10
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 2006-10-10.

The Commission's schedule remark for this field reads: (PETTIT, LOWER).

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
OilDisposition8,791 bbl$147,907
Casinghead gasProduction5 Mcf$0
Total$147,907

5 Mcf of this lease's gas, across 5 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 32.2512, -94.3411. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.25120, -94.34108 · 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
0.0%
0 of 1 wells
Median depth
7,100 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
1100.0%
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.
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 7,100 ft.

Completions filed
Apr 1999
1 of 1 wells

1 well

42-3653296017,100 ftApr 1999Yes

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 (63)

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

63 months

Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 1999141012.471.84$1,758
Feb 1999109.981.82$10
Jan 1999179010.381.90$1,858
Dec 1998109.201.77$9
Nov 19980010.892.19$0
Oct 19981012.421.97$12
Sep 1998173012.592.08$2,178
Aug 19980011.301.91$0
Jul 1998172011.742.24$2,019
Jun 19980011.242.24$0
May 19981012.622.21$13
Apr 1998172013.042.51$2,243
Mar 19982012.802.31$26
Feb 1998183013.952.30$2,553
Jan 19984014.702.15$59
Dec 1997172016.322.41$2,807
Nov 1997184018.193.09$3,347
Oct 19971019.253.15$19
Sep 1997187017.742.95$3,317
Aug 19970017.862.55$0
Jul 1997177017.582.25$3,112
Jun 19970017.242.26$0
May 1997198018.972.31$3,756
Apr 19970017.882.08$0
Mar 1997183018.951.94$3,468
Feb 19977020.492.21$143
Jan 1997184023.483.54$4,320
Dec 1996186023.32$4,338
Nov 19960021.97$0
Oct 1996179023.31$4,172
Sep 19961022.22$22
Aug 1996184020.26$3,728
Jul 1996183019.55$3,578
Jun 1996179018.73$3,353
May 19962019.43$39
Apr 1996184021.51$3,958
Mar 1996184019.38$3,566
Feb 1996182016.98$3,090
Jan 1996186017.07$3,175
Dec 1995200017.19$3,438
Nov 1995189016.00$3,024
Oct 1995185015.43$2,855
Sep 1995183016.18$2,961
Aug 1995183015.92$2,913
Jul 1995180015.24$2,743
Jun 1995185016.41$3,036
May 1995194017.56$3,407
Apr 1995363017.73$6,436
Mar 1995192016.44$3,156
Feb 1995186016.58$3,084
Jan 1995373015.92$5,938
Dec 1994182015.03$2,735
Nov 1994378015.90$6,010
Oct 1994368115.58$5,733
Sep 1994553115.29$8,455
Aug 1994543116.13$8,759
Jul 1994177117.56$3,108
Jun 19944117.09$68

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.

Mar 1999 — as filed, then multipliedworked
Oil                  141 bbl  × $ 12.47 =     $1,758
Casinghead gas         0 Mcf  × $  1.84 =         $0

────────────────────────────────────────────────────
Month total                                   $1,758

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/13324 is the state's own key, not one this site invented.