KRAEMER

Name: KRAEMER lease production and value, Aug 2003 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by PRINCESS THREE OPERATING, LLC (P-5 677993) in the BRIDGES field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 14273District 06Field 11919001OilCasinghead gasSave Export

Value, all time

$4.1 M

Aug 2003 – Jul 2021

Value, last 12 filed months

at the published price for each month

Months reported

216

no gaps in the span

Streams

oil, casinghead gas

The BRIDGES 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 other leases, and the rule below applies to all of them.

Discovered

1950-03-08

as the register files it

Field class

Oil

the register's own label

Between wells

1,200 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 2002-09-01.

The Commission's schedule remark for this field reads: “PSUEDO RULES FOR HORIZONTAL WELLS”

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	50,818 bbl	$2,401,657
Casinghead gas	Production	284,543 Mcf	$1,715,194
Total			$4,116,852

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 31.6251, -93.8643. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.62511, -93.86433 · 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

5,600 ft

1 wells filed one

Completion to plug

16.3 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 5,600 ft.

Completions filed

Aug 2003

1 of 1 wells

Plug dates filed

Dec 2019

1 of 1 wells

Last completion to plug: a median of 16.3 years across the 1 well that filed both dates, with the middle half between 16.3 years and 16.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-41930861	1H	5,600 ft	Aug 2003	Dec 2019	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 (216)

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

216 months


Jul 2021	0	0	70.78	3.98	$0
Jun 2021	0	0	69.49	3.38	$0
May 2021	0	0	63.48	3.02	$0
Apr 2021	0	0	60.36	2.76	$0
Mar 2021	0	0	61.30	2.72	$0
Feb 2021	0	0	57.80	5.55	$0
Jan 2021	0	0	50.41	2.81	$0
Dec 2020	0	0	44.64	2.68	$0
Nov 2020	0	0	38.77	2.71	$0
Oct 2020	0	0	36.97	2.48	$0
Sep 2020	0	0	37.09	1.99	$0
Aug 2020	0	0	39.98	2.39	$0
Jul 2020	0	0	38.37	1.83	$0
Jun 2020	0	0	34.90	1.69	$0
May 2020	0	0	16.92	1.81	$0
Apr 2020	0	0	14.75	1.80	$0
Mar 2020	0	0	30.34	1.86	$0
Feb 2020	0	0	49.88	1.98	$0
Jan 2020	0	0	57.25	2.09	$0
Dec 2019	0	0	59.01	2.30	$0
Nov 2019	165	0	55.30	2.75	$9,125
Oct 2019	0	0	53.47	2.42	$0
Sep 2019	0	0	55.05	2.66	$0
Aug 2019	0	0	53.11	2.30	$0
Jul 2019	0	0	56.27	2.46	$0
Jun 2019	0	0	52.78	2.49	$0
May 2019	0	0	58.48	2.74	$0
Apr 2019	0	0	62.63	2.75	$0
Mar 2019	0	0	56.80	3.06	$0
Feb 2019	0	0	50.85	2.79	$0
Jan 2019	0	0	46.03	3.23	$0
Dec 2018	168	200	46.59	4.19	$8,664
Nov 2018	0	68	52.93	4.24	$288
Oct 2018	169	13	61.44	3.40	$10,428
Sep 2018	340	146	59.54	3.11	$20,697
Aug 2018	170	128	59.40	3.07	$10,491
Jul 2018	337	226	65.14	2.93	$22,615
Jun 2018	168	249	60.18	3.08	$10,876
May 2018	509	316	65.38	2.90	$34,195
Apr 2018	168	361	63.84	2.90	$11,772
Mar 2018	0	106	61.22	2.79	$295
Feb 2018	0	121	61.78	2.77	$335
Jan 2018	0	242	62.87	4.01	$970
Dec 2017	161	328	57.27	2.92	$10,179
Nov 2017	329	373	55.42	3.12	$19,396
Oct 2017	160	376	49.29	2.98	$9,008
Sep 2017	495	514	47.52	3.09	$25,109
Aug 2017	169	548	45.37	3.00	$9,314
Jul 2017	170	474	43.87	3.09	$8,921
Jun 2017	0	601	42.49	3.09	$1,855
May 2017	500	644	45.37	3.26	$24,787
Apr 2017	164	581	47.93	3.21	$9,726
Mar 2017	166	713	46.77	2.98	$9,891
Feb 2017	165	135	50.45	2.95	$8,723
Jan 2017	0	33	49.41	3.42	$113
Dec 2016	0	145	48.76	3.72	$540
Nov 2016	0	54	42.49	2.64	$143
Oct 2016	173	203	46.19	3.09	$8,618
Sep 2016	340	525	41.55	3.10	$15,755
Aug 2016	0	262	41.44	2.92	$766
Jul 2016	339	475	41.62	2.92	$15,498
Jun 2016	169	404	45.35	2.69	$8,749
May 2016	518	618	42.52	1.99	$23,256
Apr 2016	346	478	36.56	1.99	$13,601
Mar 2016	0	299	33.01	1.79	$536
Feb 2016	168	100	26.47	2.06	$4,653
Jan 2016	173	94	27.35	2.36	$4,954
Dec 2015	171	302	32.36	2.00	$6,138
Nov 2015	0	201	38.79	2.17	$436
Oct 2015	0	0	43.55	2.43	$0
Sep 2015	0	71	42.99	2.76	$196
Aug 2015	351	388	40.16	2.87	$15,211
Jul 2015	0	532	48.15	2.95	$1,567
Jun 2015	0	0	56.15	2.88	$0
May 2015	343	406	55.21	2.96	$20,137
Apr 2015	0	707	49.82	2.71	$1,914
Mar 2015	346	792	42.89	2.93	$17,164
Feb 2015	174	723	44.66	2.98	$9,923
Jan 2015	175	823	43.43	3.10	$10,152
Dec 2014	182	622	54.69	3.59	$12,187
Nov 2014	175	921	70.46	4.25	$16,246
Oct 2014	348	753	78.30	3.90	$30,186
Sep 2014	345	941	86.16	4.05	$33,532
Aug 2014	346	938	89.39	4.04	$34,714
Jul 2014	174	588	96.56	4.18	$19,259
Jun 2014	173	581	98.16	4.74	$19,734
May 2014	542	935	94.73	4.73	$55,763
Apr 2014	359	969	95.94	4.81	$39,103
Mar 2014	0	856	95.89	5.06	$4,329
Feb 2014	0	52	97.40	6.19	$322
Jan 2014	169	0	90.40	4.86	$15,278
Dec 2013	526	799	91.82	4.35	$51,777
Nov 2013	0	426	88.85	3.74	$1,593
Oct 2013	514	1,061	97.42	3.78	$54,084
Sep 2013	344	718	104.11	3.72	$38,483
Aug 2013	691	1,364	104.25	3.52	$76,842
Jul 2013	333	1,319	102.52	3.72	$39,043
Jun 2013	528	638	94.40	3.93	$52,353
May 2013	0	309	94.83	4.15	$1,282
Apr 2013	0	0	93.96	4.28	$0
Mar 2013	341	253	93.62	3.91	$32,914
Feb 2013	0	397	91.23	3.42	$1,358
Jan 2013	171	28	91.60	3.42	$15,759
Dec 2012	173	460	86.77	3.42	$16,584
Nov 2012	0	604	86.95	3.62	$2,189
Oct 2012	170	264	89.38	3.40	$16,092
Sep 2012	0	18	94.67	2.92	$53
Aug 2012	0	0	92.66	2.91	$0
Jul 2012	0	103	85.13	3.02	$311
Jun 2012	166	147	79.82	2.52	$13,620
May 2012	0	0	91.61	2.49	$0
Apr 2012	171	2,774	101.65	2.00	$22,921
Mar 2012	0	38	105.05	2.22	$84
Feb 2012	0	0	101.10	2.57	$0
Jan 2012	0	0	98.09	2.73	$0
Dec 2011	0	13	96.87	3.24	$42
Nov 2011	0	14	95.72	3.31	$46
Oct 2011	0	0	84.98	3.65	$0
Sep 2011	0	0	83.62	3.99	$0
Aug 2011	0	0	83.40	4.15	$0
Jul 2011	0	0	94.14	4.52	$0
Jun 2011	0	0	92.90	4.64	$0
May 2011	0	0	98.13	4.40	$0
Apr 2011	0	23	105.96	4.33	$100
Mar 2011	0	148	96.36	4.06	$600
Feb 2011	0	108	85.64	4.18	$451
Jan 2011	0	69	86.50	4.59	$317
Dec 2010	0	272	85.73	4.35	$1,183
Nov 2010	0	99	80.84	3.80	$376
Oct 2010	0	207	78.10	3.51	$726
Sep 2010	173	44	72.63	3.98	$12,740
Aug 2010	0	97	73.68	4.42	$429
Jul 2010	0	70	72.55	4.74	$332
Jun 2010	0	145	70.36	4.91	$712
May 2010	0	236	71.12	4.24	$1,000
Apr 2010	0	240	81.69	4.12	$989
Mar 2010	0	141	78.39	4.39	$619
Feb 2010	0	0	73.58	5.44	$0
Jan 2010	0	584	74.36	5.96	$3,483
Dec 2009	167	218	71.44	5.48	$13,126
Nov 2009	0	447	74.59	3.75	$1,677
Oct 2009	0	1,142	72.54	4.11	$4,694
Sep 2009	0	224	65.54	3.06	$687
Aug 2009	0	175	67.42	3.22	$563
Jul 2009	0	216	61.13	3.46	$748
Jun 2009	0	102	66.16	3.90	$397
May 2009	0	139	54.74	3.93	$546
Apr 2009	0	428	46.77	3.59	$1,535
Mar 2009	0	590	42.14	4.06	$2,395
Feb 2009	0	141	32.81	4.63	$653
Jan 2009	0	234	35.86	5.37	$1,257
Dec 2008	0	343	37.10	5.98	$2,050
Nov 2008	0	254	55.49	6.86	$1,743
Oct 2008	189	153	75.24	6.92	$15,279
Sep 2008	0	71	101.76	7.88	$559
Aug 2008	0	207	114.22	8.48	$1,756
Jul 2008	0	340	131.08	11.39	$3,872
Jun 2008	0	958	131.33	13.03	$12,485
May 2008	0	827	123.17	11.57	$9,572
Apr 2008	179	654	110.31	10.45	$26,583
Mar 2008	0	1,193	101.90	9.66	$11,529
Feb 2008	0	1,619	92.53	8.77	$14,200
Jan 2008	207	1,772	90.38	8.21	$33,249
Dec 2007	0	1,568	88.33	7.30	$11,449
Nov 2007	0	1,535	91.67	7.29	$11,193
Oct 2007	181	1,658	82.85	6.92	$26,472
Sep 2007	1	1,774	75.84	6.24	$11,153
Aug 2007	0	1,718	69.06	6.39	$10,974
Jul 2007	206	1,937	70.90	6.39	$26,979
Jun 2007	205	1,966	62.00	7.55	$27,550
May 2007	0	1,805	58.74	7.85	$14,163
Apr 2007	0	1,720	59.61	7.81	$13,425
Mar 2007	173	1,987	56.92	7.30	$24,356
Feb 2007	361	1,700	55.10	8.22	$33,858
Jan 2007	0	1,580	50.30	6.73	$10,628
Dec 2006	0	1,579	56.65	6.92	$10,924
Nov 2006	178	1,049	54.20	7.62	$17,638
Oct 2006	178	227	54.90	6.01	$11,137
Sep 2006	188	1,812	60.08	5.04	$20,422
Aug 2006	0	1,519	68.71	7.34	$11,149
Jul 2006	183	1,548	69.37	6.34	$22,513
Jun 2006	183	1,800	66.28	6.38	$23,620
May 2006	359	2,092	66.01	6.42	$37,139
Apr 2006	179	1,821	64.39	7.36	$24,929
Mar 2006	170	1,946	56.70	7.08	$23,422
Feb 2006	368	1,817	57.59	7.75	$35,277
Jan 2006	0	2,279	60.59	8.93	$20,359
Dec 2005	335	2,976	54.94	13.42	$58,329
Nov 2005	178	2,799	54.69	10.59	$39,372
Oct 2005	385	2,240	58.34	13.80	$53,363
Sep 2005	356	2,667	61.45	12.08	$54,091
Aug 2005	543	2,255	61.51	9.80	$55,492
Jul 2005	197	3,837	55.69	7.84	$41,067
Jun 2005	347	3,342	52.33	7.38	$42,826
May 2005	179	2,960	45.22	6.65	$27,782
Apr 2005	357	3,682	49.20	7.36	$44,666
Mar 2005	377	4,264	50.37	7.15	$49,498
Feb 2005	368	4,146	45.22	6.31	$42,810
Jan 2005	516	4,098	43.16	6.32	$48,179
Dec 2004	175	4,218	39.86	6.75	$35,452
Nov 2004	392	4,722	45.28	6.33	$47,642
Oct 2004	565	5,831	49.70	6.52	$66,070
Sep 2004	551	4,993	43.24	5.28	$50,208
Aug 2004	522	5,861	42.37	5.55	$54,650
Jul 2004	1,114	6,889	38.28	6.08	$84,558
Jun 2004	364	5,312	36.10	6.43	$47,313
May 2004	926	7,869	37.48	6.49	$85,812
Apr 2004	1,463	12,237	34.47	5.86	$122,120
Mar 2004	341	2,777	34.36	5.53	$27,074
Feb 2004	852	9,247	32.45	5.51	$78,595
Jan 2004	1,335	11,395	32.03	6.30	$114,544
Dec 2003	1,507	13,518	30.26	6.30	$130,787
Nov 2003	2,284	15,485	28.80	4.60	$136,935
Oct 2003	3,403	17,606	28.17	4.76	$179,661
Sep 2003	3,587	14,402	26.31	4.75	$162,774
Aug 2003	7,871	11,547	29.76	5.13	$293,474

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.

Nov 2019 — as filed, then multipliedworked

Oil                  165 bbl  × $ 55.30 =     $9,125
Casinghead gas         0 Mcf  × $  2.75 =         $0

────────────────────────────────────────────────────
Month total                                   $9,125

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/14273 is the state's own key, not one this site invented.