STEPHENSON "A"

Operated by KAISER-FRANCIS OIL COMPANY (P-5 450175) in the STOCKMAN (TRAVIS PEAK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 14069District 06Field 86233500OilCasinghead gasSaveExport
Value, all time
$408 k
Feb 2001 – Jan 2009
Value, last 12 filed months
$19 k
at the published price for each month
Months reported
96
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 93 leases and 93 wells, and the rule below applies to all of them.

Discovered
1976-10-13
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 0 acres. The field rule took effect on 2006-05-16.

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
OilDisposition2,911 bbl$133,044
Casinghead gasProduction48,938 Mcf$274,896
Total$407,940

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 31.7859, -94.4136. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.78595, -94.41355 · 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
8,485 ft
1 wells filed one
Completion to plug
3.8 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 8,485 ft.

Completions filed
Jun 2008
1 of 1 wells
Plug dates filed
Mar 2012
1 of 1 wells

Last completion to plug: a median of 3.8 years across the 1 well that filed both dates, with the middle half between 3.8 years and 3.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4193072928,485 ftJun 2008Mar 2012Yes

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 (96)

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

96 months

Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 20081480131.3313.03$19,437
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 2007021859.617.81$1,702
Mar 2007027956.927.30$2,037
Feb 2007026255.108.22$2,153
Jan 2007022950.306.73$1,540
Dec 2006022356.656.92$1,543
Nov 200616624754.207.62$10,879
Oct 2006040554.906.01$2,436
Sep 2006047360.085.04$2,383
Aug 2006049468.717.34$3,626
Jul 2006033469.376.34$2,118
Jun 200617346766.286.38$14,448
May 20060066.016.42$0
Apr 200609264.397.36$677
Mar 200601,06356.707.08$7,529
Feb 2006095557.597.75$7,402
Jan 20061631,95260.598.93$27,314
Dec 200507054.9413.42$939
Nov 2005071654.6910.59$7,581
Oct 200516753058.3413.80$17,055
Sep 2005035861.4512.08$4,324
Aug 2005088361.519.80$8,651
Jul 200516757055.697.84$13,771
Jun 200501,54352.337.38$11,389
May 20051631,25845.226.65$15,738
Apr 2005032549.207.36$2,392
Mar 2005025250.377.15$1,803
Feb 200506945.226.31$436
Jan 200517028443.166.32$9,133
Dec 2004089139.866.75$6,015
Nov 20041751,22145.286.33$15,653
Oct 200401,53449.706.52$9,994
Sep 20041632,04043.245.28$17,827
Aug 200401,33742.375.55$7,421
Jul 200405238.286.08$316
Jun 2004026936.106.43$1,730
May 200417646337.486.49$9,603
Apr 200401,29334.475.86$7,575
Mar 20041671,29634.365.53$12,905
Feb 2004036832.455.51$2,028
Jan 200407632.036.30$479
Dec 2003013530.266.30$851
Nov 2003033228.804.60$1,526
Oct 2003010828.174.76$514
Sep 2003011026.314.75$522
Aug 200308529.765.13$436
Jul 200306929.415.17$357
Jun 200317418828.565.98$6,094
May 2003016126.595.97$962
Apr 2003018626.675.41$1,006
Mar 2003010931.146.10$664
Feb 2003013933.487.93$1,102
Jan 2003017830.315.58$994
Dec 2002012626.914.85$612
Nov 2002022124.664.14$914
Oct 2002021726.464.23$918
Sep 2002013727.443.64$498
Aug 20020225.963.16$6
Jul 200221320424.583.06$5,860
Jun 2002034823.733.34$1,162
May 2002016824.663.58$602
Apr 2002026823.653.51$941
Mar 2002042422.003.10$1,316
Feb 2002012618.222.38$299
Jan 2002031517.172.38$748
Dec 2001065916.932.36$1,558
Nov 200101,16618.072.41$2,805
Oct 20012001,46719.782.53$7,666
Sep 200101,69424.262.25$3,814
Aug 200102,20824.873.05$6,741
Jul 20011672,12623.933.20$10,793
Jun 200101,34124.563.82$5,128
May 200101,78925.524.31$7,706
Apr 2001661,95924.685.34$12,081
Mar 2001493,17424.545.38$18,267
Feb 2001441,60827.755.77$10,494

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 2008 — as filed, then multipliedworked
Oil                  148 bbl  × $131.33 =    $19,437
Casinghead gas         0 Mcf  × $ 13.03 =         $0

────────────────────────────────────────────────────
Month total                                  $19,437

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/14069 is the state's own key, not one this site invented.