PHILLIPS, W. D. & V. I. ACT. #1

Name: PHILLIPS, W. D. & V. I. ACT. #1 lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by EXXON MOBIL CORPORATION (P-5 257128) in the TALCO field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 1689District 06Field 88207001Hydrogen sulphide fieldOilCasinghead gasSave Export

Value, all time

$1.7 M

Jan 1993 – Jun 2012

Value, last 12 filed months

$113 k

at the published price for each month

Months reported

234

no gaps in the span

Streams

oil, casinghead gas

The TALCO 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 229 leases and 1,675 wells, and the rule below applies to all of them.

Discovered

1936-03-16

as the register files it

Field class

Oil

the register's own label

Between wells

0 ft

minimum

From a lease line

233 ft

minimum

A drilling unit in this field needs at least 5 acres. The field rule took effect on 2012-11-06.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: “NON-CURRENT RESTR.REMOVED ALSO FOR API#(159-30200,30572)-HAGANSPOR”

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	53,009 bbl	$1,738,418
Casinghead gas	Production	23 Mcf	$0
Total			$1,738,418

23 Mcf of this lease's gas, across 23 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Wells on this lease (5)

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 33.3591, -95.0072. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

33.35925, -95.00731 · 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

60.0%

3 of 5 wells

With a plug date

60.0%

3 of 5 wells

Median depth

4,355 ft

5 wells filed one

Completion to plug

20.3 years

median over 1 well

What the state filed about each well

On the RRC proration schedule

360.0%

A plug date is filed

360.0%

BothOn the schedule and plugged. Neither fact cancels the other.

360.0%

NeitherNo plug date, and not on the schedule.

240.0%

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

Between 3,501 and 4,458 ft, median 4,355 ft, over the 5 wells that filed a depth.

Completions filed

Apr 1988 – Jun 2013

3 of 5 wells; 2 filed none

Plug dates filed

May 1986 – Jul 2008

3 of 5 wells; 2 filed none

Last completion to plug: a median of 20.3 years across the 1 well that filed both dates, with the middle half between 20.3 years and 20.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

5 wells


42-44900642	6	4,349 ft	—	May 1986	Yes
42-44900645	8	4,458 ft	—	Nov 1991	Yes
42-44930502	10D	3,501 ft	Jun 2013	—	—
42-44900639	3	4,366 ft	Jan 2011	—	—
42-44900637	1	4,355 ft	Apr 1988	Jul 2008	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 (234)

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

234 months


Jun 2012	0	0	79.82	2.52	$0
May 2012	0	0	91.61	2.49	$0
Apr 2012	0	0	101.65	2.00	$0
Mar 2012	0	0	105.05	2.22	$0
Feb 2012	0	0	101.10	2.57	$0
Jan 2012	207	0	98.09	2.73	$20,305
Dec 2011	198	0	96.87	3.24	$19,180
Nov 2011	160	0	95.72	3.31	$15,315
Oct 2011	139	0	84.98	3.65	$11,812
Sep 2011	160	0	83.62	3.99	$13,379
Aug 2011	194	0	83.40	4.15	$16,180
Jul 2011	179	0	94.14	4.52	$16,851
Jun 2011	105	0	92.90	4.64	$9,755
May 2011	79	0	98.13	4.40	$7,752
Apr 2011	14	0	105.96	4.33	$1,483
Mar 2011	13	0	96.36	4.06	$1,253
Feb 2011	12	0	85.64	4.18	$1,028
Jan 2011	0	0	86.50	4.59	$0
Dec 2010	1	0	85.73	4.35	$86
Nov 2010	10	0	80.84	3.80	$808
Oct 2010	64	0	78.10	3.51	$4,998
Sep 2010	153	0	72.63	3.98	$11,112
Aug 2010	162	0	73.68	4.42	$11,936
Jul 2010	149	0	72.55	4.74	$10,810
Jun 2010	146	0	70.36	4.91	$10,273
May 2010	147	0	71.12	4.24	$10,455
Apr 2010	173	0	81.69	4.12	$14,132
Mar 2010	163	0	78.39	4.39	$12,778
Feb 2010	159	0	73.58	5.44	$11,699
Jan 2010	115	0	74.36	5.96	$8,551
Dec 2009	115	0	71.44	5.48	$8,216
Nov 2009	129	0	74.59	3.75	$9,622
Oct 2009	75	0	72.54	4.11	$5,441
Sep 2009	117	0	65.54	3.06	$7,668
Aug 2009	139	0	67.42	3.22	$9,371
Jul 2009	173	0	61.13	3.46	$10,575
Jun 2009	214	0	66.16	3.90	$14,158
May 2009	141	0	54.74	3.93	$7,718
Apr 2009	185	0	46.77	3.59	$8,652
Mar 2009	174	0	42.14	4.06	$7,332
Feb 2009	145	0	32.81	4.63	$4,757
Jan 2009	195	0	35.86	5.37	$6,993
Dec 2008	157	0	37.10	5.98	$5,825
Nov 2008	128	0	55.49	6.86	$7,103
Oct 2008	169	0	75.24	6.92	$12,716
Sep 2008	183	0	101.76	7.88	$18,622
Aug 2008	162	0	114.22	8.48	$18,504
Jul 2008	165	0	131.08	11.39	$21,628
Jun 2008	159	0	131.33	13.03	$20,881
May 2008	158	0	123.17	11.57	$19,461
Apr 2008	173	0	110.31	10.45	$19,084
Mar 2008	138	0	101.90	9.66	$14,062
Feb 2008	147	0	92.53	8.77	$13,602
Jan 2008	146	0	90.38	8.21	$13,195
Dec 2007	173	0	88.33	7.30	$15,281
Nov 2007	173	0	91.67	7.29	$15,859
Oct 2007	179	0	82.85	6.92	$14,830
Sep 2007	147	0	75.84	6.24	$11,148
Aug 2007	186	0	69.06	6.39	$12,845
Jul 2007	141	0	70.90	6.39	$9,997
Jun 2007	135	0	62.00	7.55	$8,370
May 2007	190	0	58.74	7.85	$11,161
Apr 2007	187	0	59.61	7.81	$11,147
Mar 2007	197	0	56.92	7.30	$11,213
Feb 2007	149	0	55.10	8.22	$8,210
Jan 2007	190	0	50.30	6.73	$9,557
Dec 2006	175	0	56.65	6.92	$9,914
Nov 2006	161	0	54.20	7.62	$8,726
Oct 2006	179	0	54.90	6.01	$9,827
Sep 2006	197	0	60.08	5.04	$11,836
Aug 2006	194	0	68.71	7.34	$13,330
Jul 2006	175	0	69.37	6.34	$12,140
Jun 2006	191	0	66.28	6.38	$12,659
May 2006	180	0	66.01	6.42	$11,882
Apr 2006	173	0	64.39	7.36	$11,139
Mar 2006	180	0	56.70	7.08	$10,206
Feb 2006	168	0	57.59	7.75	$9,675
Jan 2006	175	0	60.59	8.93	$10,603
Dec 2005	151	0	54.94	13.42	$8,296
Nov 2005	169	0	54.69	10.59	$9,243
Oct 2005	174	0	58.34	13.80	$10,151
Sep 2005	184	0	61.45	12.08	$11,307
Aug 2005	188	0	61.51	9.80	$11,564
Jul 2005	154	0	55.69	7.84	$8,576
Jun 2005	137	0	52.33	7.38	$7,169
May 2005	254	0	45.22	6.65	$11,486
Apr 2005	204	0	49.20	7.36	$10,037
Mar 2005	257	0	50.37	7.15	$12,945
Feb 2005	221	0	45.22	6.31	$9,994
Jan 2005	243	0	43.16	6.32	$10,488
Dec 2004	213	0	39.86	6.75	$8,490
Nov 2004	164	0	45.28	6.33	$7,426
Oct 2004	72	0	49.70	6.52	$3,578
Sep 2004	182	0	43.24	5.28	$7,870
Aug 2004	104	0	42.37	5.55	$4,406
Jul 2004	185	0	38.28	6.08	$7,082
Jun 2004	195	0	36.10	6.43	$7,040
May 2004	231	0	37.48	6.49	$8,658
Apr 2004	125	0	34.47	5.86	$4,309
Mar 2004	179	0	34.36	5.53	$6,150
Feb 2004	253	0	32.45	5.51	$8,210
Jan 2004	185	0	32.03	6.30	$5,926
Dec 2003	207	0	30.26	6.30	$6,264
Nov 2003	210	0	28.80	4.60	$6,048
Oct 2003	237	0	28.17	4.76	$6,676
Sep 2003	206	0	26.31	4.75	$5,420
Aug 2003	192	0	29.76	5.13	$5,714
Jul 2003	277	0	29.41	5.17	$8,147
Jun 2003	204	0	28.56	5.98	$5,826
May 2003	221	0	26.59	5.97	$5,876
Apr 2003	240	0	26.67	5.41	$6,401
Mar 2003	223	0	31.14	6.10	$6,944
Feb 2003	218	0	33.48	7.93	$7,299
Jan 2003	293	0	30.31	5.58	$8,881
Dec 2002	224	0	26.91	4.85	$6,028
Nov 2002	223	0	24.66	4.14	$5,499
Oct 2002	211	0	26.46	4.23	$5,583
Sep 2002	203	0	27.44	3.64	$5,570
Aug 2002	259	0	25.96	3.16	$6,724
Jul 2002	238	0	24.58	3.06	$5,850
Jun 2002	255	0	23.73	3.34	$6,051
May 2002	282	0	24.66	3.58	$6,954
Apr 2002	231	0	23.65	3.51	$5,463
Mar 2002	216	0	22.00	3.10	$4,752
Feb 2002	215	0	18.22	2.38	$3,917
Jan 2002	333	0	17.17	2.38	$5,718
Dec 2001	219	0	16.93	2.36	$3,708
Nov 2001	245	0	18.07	2.41	$4,427
Oct 2001	237	0	19.78	2.53	$4,688
Sep 2001	200	0	24.26	2.25	$4,852
Aug 2001	211	0	24.87	3.05	$5,248
Jul 2001	275	0	23.93	3.20	$6,581
Jun 2001	203	0	24.56	3.82	$4,986
May 2001	210	0	25.52	4.31	$5,359
Apr 2001	278	0	24.68	5.34	$6,861
Mar 2001	248	0	24.54	5.38	$6,086
Feb 2001	195	0	27.75	5.77	$5,411
Jan 2001	277	0	27.47	8.40	$7,609
Dec 2000	260	0	26.88	9.12	$6,989
Nov 2000	168	0	32.21	5.66	$5,411
Oct 2000	203	0	31.23	5.15	$6,340
Sep 2000	251	0	31.87	5.19	$7,999
Aug 2000	224	0	29.64	4.54	$6,639
Jul 2000	290	0	28.53	4.09	$8,274
Jun 2000	260	0	29.30	4.40	$7,618
May 2000	284	0	27.26	3.68	$7,742
Apr 2000	272	0	24.51	3.12	$6,667
Mar 2000	273	0	28.42	2.86	$7,759
Feb 2000	227	0	27.62	2.73	$6,270
Jan 2000	144	0	25.27	2.48	$3,639
Dec 1999	103	0	24.28	2.42	$2,501
Nov 1999	124	0	23.19	2.43	$2,876
Oct 1999	66	0	20.98	2.80	$1,385
Sep 1999	2	0	21.75	2.62	$44
Aug 1999	8	0	19.26	2.88	$154
Jul 1999	70	0	17.89	2.37	$1,252
Jun 1999	110	0	15.94	2.36	$1,753
May 1999	99	0	15.79	2.32	$1,563
Apr 1999	65	0	15.10	2.21	$982
Mar 1999	113	0	12.47	1.84	$1,409
Feb 1999	111	0	9.98	1.82	$1,108
Jan 1999	102	0	10.38	1.90	$1,059
Dec 1998	110	0	9.20	1.77	$1,012
Nov 1998	98	0	10.89	2.19	$1,067
Oct 1998	115	0	12.42	1.97	$1,428
Sep 1998	147	0	12.59	2.08	$1,851
Aug 1998	146	0	11.30	1.91	$1,650
Jul 1998	242	0	11.74	2.24	$2,841
Jun 1998	388	0	11.24	2.24	$4,361
May 1998	393	0	12.62	2.21	$4,960
Apr 1998	413	0	13.04	2.51	$5,386
Mar 1998	387	0	12.80	2.31	$4,954
Feb 1998	350	0	13.95	2.30	$4,883
Jan 1998	371	0	14.70	2.15	$5,454
Dec 1997	304	0	16.32	2.41	$4,961
Nov 1997	235	0	18.19	3.09	$4,275
Oct 1997	442	0	19.25	3.15	$8,509
Sep 1997	431	0	17.74	2.95	$7,646
Aug 1997	406	0	17.86	2.55	$7,251
Jul 1997	408	0	17.58	2.25	$7,173
Jun 1997	296	0	17.24	2.26	$5,103
May 1997	410	0	18.97	2.31	$7,778
Apr 1997	426	0	17.88	2.08	$7,617
Mar 1997	411	0	18.95	1.94	$7,788
Feb 1997	354	0	20.49	2.21	$7,253
Jan 1997	346	0	23.48	3.54	$8,124
Dec 1996	372	0	23.32	—	$8,675
Nov 1996	291	0	21.97	—	$6,393
Oct 1996	436	0	23.31	—	$10,163
Sep 1996	321	0	22.22	—	$7,133
Aug 1996	421	0	20.26	—	$8,529
Jul 1996	458	0	19.55	—	$8,954
Jun 1996	444	0	18.73	—	$8,316
May 1996	388	0	19.43	—	$7,539
Apr 1996	363	0	21.51	—	$7,808
Mar 1996	418	0	19.38	—	$8,101
Feb 1996	378	0	16.98	—	$6,418
Jan 1996	406	0	17.07	—	$6,930
Dec 1995	344	0	17.19	—	$5,913
Nov 1995	389	0	16.00	—	$6,224
Oct 1995	417	0	15.43	—	$6,434
Sep 1995	384	0	16.18	—	$6,213
Aug 1995	346	0	15.92	—	$5,508
Jul 1995	387	0	15.24	—	$5,898
Jun 1995	428	0	16.41	—	$7,023
May 1995	312	0	17.56	—	$5,479
Apr 1995	520	0	17.73	—	$9,220
Mar 1995	445	0	16.44	—	$7,316
Feb 1995	415	0	16.58	—	$6,881
Jan 1995	419	0	15.92	—	$6,670
Dec 1994	381	0	15.03	—	$5,726
Nov 1994	355	1	15.90	—	$5,645
Oct 1994	371	1	15.58	—	$5,780
Sep 1994	34	1	15.29	—	$520
Aug 1994	369	1	16.13	—	$5,952
Jul 1994	327	1	17.56	—	$5,742
Jun 1994	283	1	17.09	—	$4,836
May 1994	441	1	15.88	—	$7,003
Apr 1994	395	1	14.14	—	$5,585
Mar 1994	393	1	12.46	—	$4,897
Feb 1994	309	1	12.50	—	$3,863
Jan 1994	368	1	12.66	—	$4,659
Dec 1993	392	1	12.33	—	$4,833
Nov 1993	286	1	14.49	—	$4,144
Oct 1993	421	1	15.85	—	$6,673
Sep 1993	315	1	15.03	—	$4,734
Aug 1993	380	1	15.66	—	$5,951
Jul 1993	414	1	15.46	—	$6,400
Jun 1993	382	1	16.79	—	$6,414
May 1993	382	1	17.68	—	$6,754
Apr 1993	357	1	18.05	—	$6,444
Mar 1993	353	1	18.14	—	$6,403
Feb 1993	342	1	17.90	—	$6,122
Jan 1993	375	1	16.93	—	$6,349

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.

Jan 2012 — as filed, then multipliedworked

Oil                  207 bbl  × $ 98.09 =    $20,305
Casinghead gas         0 Mcf  × $  2.73 =         $0

────────────────────────────────────────────────────
Month total                                  $20,305

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/1689 is the state's own key, not one this site invented.