LAIRD FAMILY PARTNERSHIP

Operated by CARR RESOURCES, INC. (P-5 135180) in the PISTOL HILL (PETTIT) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 14661District 06Field 71700500OilCasinghead gasSaveExport
Value, all time
$2.5 M
Nov 2006 – Mar 2016
Value, last 12 filed months
$6 k
at the published price for each month
Months reported
113
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 3 leases and 3 wells, and the rule below applies to all of them.

Discovered
2006-12-02
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: ALLOCATION FORMULA EFFECTIVE 03/01/2008.

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
OilDisposition26,576 bbl$2,075,246
Casinghead gasProduction75,655 Mcf$393,467
Total$2,468,712

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 32.3538, -94.9084. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.35379, -94.90836 · 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
11,304 ft
1 wells filed one
Completion to plug
9.0 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 11,304 ft.

Completions filed
Dec 2006
1 of 1 wells
Plug dates filed
Dec 2015
1 of 1 wells

Last completion to plug: a median of 9.0 years across the 1 well that filed both dates, with the middle half between 9.0 years and 9.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-40133815111,304 ftDec 2006Dec 2015Yes

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 (113)

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

113 months

Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 2015105055.212.96$5,797
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 2015130044.662.98$5,806
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 2014014270.464.25$604
Oct 201462078.303.90$4,855
Sep 20140086.164.05$0
Aug 201411517689.394.04$10,990
Jul 2014013996.564.18$581
Jun 2014018798.164.74$886
May 201402794.734.73$128
Apr 201415320895.944.81$15,679
Mar 2014014395.895.06$723
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 2013131091.824.35$12,028
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 20131450102.523.72$14,865
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 2013156093.964.28$14,658
Mar 20130093.623.91$0
Feb 2013137091.233.42$12,499
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 201270086.953.62$6,087
Oct 201287089.383.40$7,776
Sep 2012169094.672.92$15,999
Aug 20120092.662.91$0
Jul 2012116085.133.02$9,875
Jun 20120079.822.52$0
May 20127921291.612.49$7,765
Apr 2012316473101.652.00$33,066
Mar 201200105.052.22$0
Feb 2012042101.102.57$108
Jan 201219525898.092.73$19,833
Dec 2011039996.873.24$1,293
Nov 201124879095.723.31$26,354
Oct 201119469784.983.65$19,029
Sep 2011081983.623.99$3,264
Aug 201115524283.404.15$13,931
Jul 2011042494.144.52$1,915
Jun 201119124192.904.64$18,862
May 201117925198.134.40$18,671
Apr 20110575105.964.33$2,492
Mar 201119343696.364.06$20,366
Feb 2011091585.644.18$3,825
Jan 201111861786.504.59$13,038
Dec 201016089885.734.35$17,621
Nov 201019583180.843.80$18,918
Oct 20101111,78678.103.51$14,936
Sep 20101691,68072.633.98$18,960
Aug 20101861,72173.684.42$21,310
Jul 20101911,68572.554.74$21,838
Jun 20103632,04370.364.91$35,573
May 20101882,04371.124.24$22,023
Apr 20101821,97481.694.12$23,006
Mar 20101832,03778.394.39$23,285
Feb 20103332,16873.585.44$36,301
Jan 20101952,06174.365.96$26,792
Dec 20091972,13271.445.48$25,765
Nov 20093321,68574.593.75$31,085
Oct 20093682,60872.544.11$37,414
Sep 20091842,89865.543.06$20,941
Aug 20095653,09767.423.22$48,060
Jul 20091932,83761.133.46$21,627
Jun 20091751,45166.163.90$17,230
May 20096012,48954.743.93$42,670
Apr 20093431,54846.773.59$21,596
Mar 20095403,53542.144.06$37,104
Feb 20091812,03732.814.63$15,376
Jan 20095462,23435.865.37$31,578
Dec 20083841,20137.105.98$21,425
Nov 20083841,78955.496.86$33,581
Oct 200837290475.246.92$34,247
Sep 20085611,578101.767.88$69,517
Aug 20087121,400114.228.48$93,201
Jul 20083581,369131.0811.39$62,519
Jun 2008726863131.3313.03$106,593
May 2008545712123.1711.57$75,369
Apr 20087321,542110.3110.45$96,868
Mar 2008666917101.909.66$76,727
Feb 20085571,01792.538.77$60,459
Jan 2008556090.388.21$50,251
Dec 20077671,61688.337.30$79,549
Nov 20078922,12791.677.29$97,279
Oct 200783443082.856.92$72,073
Sep 200773129975.846.24$57,306
Aug 2007553069.066.39$38,190
Jul 2007939070.906.39$66,575
Jun 2007934062.007.55$57,908
May 20071,727058.747.85$101,444
Apr 20071,063059.617.81$63,365
Mar 2007534056.927.30$30,395
Feb 2007570055.108.22$31,407
Jan 2007354050.306.73$17,806
Dec 20060056.656.92$0
Nov 20060054.207.62$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.

May 2015 — as filed, then multipliedworked
Oil                  105 bbl  × $ 55.21 =     $5,797
Casinghead gas         0 Mcf  × $  2.96 =         $0

────────────────────────────────────────────────────
Month total                                   $5,797

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/14661 is the state's own key, not one this site invented.