JULIAN W. NESBITT OIL UNIT "A"

Operated by HARLETON OIL & GAS INC. (P-5 357165) in the HALLSVILLE, NE. (PETTIT) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 14723District 06Field 38291500OilCasinghead gasSaveExport
Value, all time
$577 k
Dec 2007 – Feb 2012
Value, last 12 filed months
$36 k
at the published price for each month
Months reported
51
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 17 leases and 39 wells, and the rule below applies to all of them.

Discovered
1956-12-20
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,650 ft
minimum
From a lease line
560 ft
minimum

A drilling unit in this field needs at least 80 acres.

The Commission's schedule remark for this field reads: MULTI 49B MAX. 640 AC. 10% TOL. DOCKET 6-76310

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
OilDisposition3,424 bbl$272,482
Casinghead gasProduction46,186 Mcf$304,472
Total$576,954

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 32.5931, -94.4318. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.59308, -94.43183 · 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
7,000 ft
1 wells filed one
Completion to plug
3.6 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 7,000 ft.

Completions filed
Dec 2007
1 of 1 wells
Plug dates filed
Jul 2011
1 of 1 wells

Last completion to plug: a median of 3.6 years across the 1 well that filed both dates, with the middle half between 3.6 years and 3.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2033108127,000 ftDec 2007Jul 2011Yes

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 (51)

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

51 months

Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 201102694.144.52$117
Jun 201117016892.904.64$16,573
May 2011018598.134.40$815
Apr 20110175105.964.33$758
Mar 20111798396.364.06$17,585
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20103078.103.51$234
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20101901,15771.124.24$18,413
Apr 201001,65081.694.12$6,802
Mar 201001,67778.394.39$7,360
Feb 20101802,38273.585.44$26,208
Jan 2010054474.365.96$3,244
Dec 20091851,65871.445.48$22,308
Nov 200901,53974.593.75$5,774
Oct 20091821,06572.544.11$17,580
Sep 200917696865.543.06$14,502
Aug 2009088867.423.22$2,858
Jul 200918076961.133.46$13,668
Jun 200901,68766.163.90$6,571
May 20091861,56054.743.93$16,306
Apr 20091811,84646.773.59$15,088
Mar 2009093142.144.06$3,779
Feb 200901,53832.814.63$7,126
Jan 20091761,94035.865.37$16,731
Dec 20081792,13237.105.98$19,384
Nov 200802,19655.496.86$15,065
Oct 20081852,37675.246.92$30,366
Sep 20081682,389101.767.88$35,914
Aug 200802,382114.228.48$20,207
Jul 20081892,361131.0811.39$51,665
Jun 200802,321131.3313.03$30,249
May 20081781,878123.1711.57$43,661
Apr 20081851,092110.3110.45$31,824
Mar 20081702,003101.909.66$36,680
Feb 2008032092.538.77$2,807
Jan 200818210490.388.21$17,303
Dec 2007019688.337.30$1,431

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 2011 — as filed, then multipliedworked
Oil                    0 bbl  × $ 94.14 =         $0
Casinghead gas        26 Mcf  × $  4.52 =       $117

────────────────────────────────────────────────────
Month total                                     $117

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/14723 is the state's own key, not one this site invented.