NEWMAN, O.T.

Operated by SOUTHWEST OPERATING, INC.-TYLER (P-5 806415) in the NACONICHE CREEK (ROD.-TP CONS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 15053District 06Field 64300287OilCasinghead gasSaveExport
Value, all time
$1.0 M
Jul 2005 – Jan 2017
Value, last 12 filed months
$0
at the published price for each month
Months reported
137
2 months not filed
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 373 leases and 373 wells, and the rule below applies to all of them.

Discovered
2005-09-27
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 40 acres. The field rule took effect on 2005-09-27.

The Commission's schedule remark for this field reads: BY HEARING.

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
OilDisposition1,934 bbl$144,882
Casinghead gasProduction209,978 Mcf$862,036
Total$1,006,918

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 31.8275, -94.5579. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.82749, -94.55791 · 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
8,700 ft
1 wells filed one
Completion to plug
10.5 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 8,700 ft.

Completions filed
Feb 2006
1 of 1 wells
Plug dates filed
Aug 2016
1 of 1 wells

Last completion to plug: a median of 10.5 years across the 1 well that filed both dates, with the middle half between 10.5 years and 10.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3473209618,700 ftFeb 2006Aug 2016Yes

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 (137)

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

137 months

Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
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 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 2014020270.464.25$859
Oct 20140078.303.90$0
Sep 20140186.164.05$4
Aug 201401189.394.04$44
Jul 20141101,06196.564.18$15,056
Jun 201401,49298.164.74$7,067
May 201401,63294.734.73$7,714
Apr 201401,46795.944.81$7,055
Mar 201401,77295.895.06$8,961
Feb 201401,64097.406.19$10,155
Jan 201401,93590.404.86$9,405
Dec 201302,19791.824.35$9,567
Nov 201302,26188.853.74$8,452
Oct 201302,47297.423.78$9,343
Sep 201302,579104.113.72$9,588
Aug 201302,828104.253.52$9,962
Jul 201303,011102.523.72$11,194
Jun 201303,07194.403.93$12,080
May 201303,38194.834.15$14,028
Apr 201303,50493.964.28$15,006
Mar 201303,82993.623.91$14,982
Feb 201303,63391.233.42$12,425
Jan 201304,00091.603.42$13,680
Dec 201204,20586.773.42$14,382
Nov 201204,53986.953.62$16,454
Oct 201204,66989.383.40$15,873
Sep 201204,75494.672.92$13,874
Aug 201205,45192.662.91$15,852
Jul 201205,81985.133.02$17,578
Jun 201205,95379.822.52$14,996
May 201206,50291.612.49$16,179
Apr 201206,595101.652.00$13,169
Mar 201207,251105.052.22$16,112
Feb 201200101.102.57$0
Jan 201208,13998.092.73$22,253
Dec 20111838,51296.873.24$45,304
Nov 201108,99895.723.31$29,795
Oct 201106,34484.983.65$23,146
Sep 201109,03283.623.99$36,000
Aug 201109,82683.404.15$40,771
Jul 2011011,09394.144.52$50,110
Jun 2011010,85192.904.64$50,347
May 201102,73698.134.40$12,052
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 2009017566.163.90$682
May 2009013954.743.93$546
Apr 2009017246.773.59$617
Mar 2009020542.144.06$832
Feb 2009022932.814.63$1,061
Jan 2009025335.865.37$1,359
Dec 2008022237.105.98$1,327
Nov 2008025655.496.86$1,756
Oct 200816425675.246.92$14,111
Sep 20080309101.767.88$2,434
Aug 20080303114.228.48$2,570
Jul 200800131.0811.39$0
Jun 20080358131.3313.03$4,666
May 20080296123.1711.57$3,426
Apr 2008203316110.3110.45$25,697
Mar 20080412101.909.66$3,982
Feb 2008041292.538.77$3,613
Jan 2008048290.388.21$3,955
Dec 2007040788.337.30$2,972
Nov 2007043991.677.29$3,201
Oct 2007044382.856.92$3,066
Sep 2007046275.846.24$2,885
Aug 2007062169.066.39$3,967
Jul 200717553370.906.39$15,812
Jun 2007060962.007.55$4,597
May 2007055758.747.85$4,370
Apr 200717764859.617.81$15,609
Mar 2007069656.927.30$5,082
Feb 2007068655.108.22$5,636
Jan 2007073750.306.73$4,958
Dec 200618487156.656.92$16,450
Nov 2006089654.207.62$6,825
Oct 200601,03354.906.01$6,212
Sep 200617798660.085.04$15,601
Aug 20061761,59968.717.34$23,829
Jul 20061811,04869.376.34$19,203
Jun 200601,30866.286.38$8,350
May 200601,65066.016.42$10,601
Apr 20062042,31464.397.36$30,168
Mar 200604,91056.707.08$34,777
Feb 200602,48257.597.75$19,238
Dec 20050054.9413.42$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0

Not filed, and not zero: Nov 2005 · Jan 2006. The Railroad Commission holds no report for those months, so this page shows none — a zero would state that the lease produced nothing.

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 2014 — as filed, then multipliedworked
Oil                    0 bbl  × $ 70.46 =         $0
Casinghead gas       202 Mcf  × $  4.25 =       $859

────────────────────────────────────────────────────
Month total                                     $859

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/15053 is the state's own key, not one this site invented.