GLENN, ARNOLD

Operated by VALENCE OPERATING COMPANY (P-5 881167) in the YANTIS (HILL ZONE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 15042District 06Field 99254498OilCasinghead gasSaveExport
Value, all time
$684 k
Nov 2010 – Jul 2013
Value, last 12 filed months
$131 k
at the published price for each month
Months reported
33
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 7 leases and 7 wells, and the rule below applies to all of them.

Discovered
1950-07-05
as the register files it
Field class
Oil
the register's own label
Between wells
660 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2012-01-24.

The Commission's schedule remark for this field reads: COMO (RODESSA HILL, LO.), EFFECTIVE DATE 2/26/13.

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
OilDisposition7,094 bbl$654,243
Casinghead gasProduction10,142 Mcf$29,896
Total$684,139

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 32.9432, -95.4864. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.94325, -95.48639 · 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
8,175 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 8,175 ft.

Completions filed
Jul 2019
1 of 1 wells

1 well

42-4993085918,175 ftJul 2019Yes

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 (33)

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

33 months

Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 201343091.233.42$3,923
Jan 201319047191.603.42$19,015
Dec 201219341286.773.42$18,156
Nov 201218045886.953.62$17,311
Oct 201217753989.383.40$17,653
Sep 201218267794.672.92$19,206
Aug 201236670292.662.91$35,955
Jul 201217770585.133.02$17,198
Jun 201237768679.822.52$31,820
May 201218869991.612.49$18,962
Apr 2012175705101.652.00$19,196
Mar 2012358685105.052.22$39,130
Feb 2012186595101.102.57$20,334
Jan 201218362198.092.73$19,648
Dec 201138058896.873.24$38,716
Nov 201118763495.723.31$19,999
Oct 201136770884.983.65$33,771
Sep 201118425783.623.99$16,410
Aug 2011196083.404.15$16,346
Jul 2011363094.144.52$34,173
Jun 2011178092.904.64$16,536
May 2011383098.134.40$37,584
Apr 20113740105.964.33$39,629
Mar 2011367096.364.06$35,364
Feb 2011360085.644.18$30,830
Jan 2011525086.504.59$45,413
Dec 2010255085.734.35$21,861
Nov 20100080.843.80$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.

Feb 2013 — as filed, then multipliedworked
Oil                   43 bbl  × $ 91.23 =     $3,923
Casinghead gas         0 Mcf  × $  3.42 =         $0

────────────────────────────────────────────────────
Month total                                   $3,923

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/15042 is the state's own key, not one this site invented.