TALCO STATE LEASE

Name: TALCO STATE LEASE 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 1695District 06Field 88207001Hydrogen sulphide fieldOilCasinghead gasSave Export

Value, all time

$2.4 M

Jan 1993 – Oct 2011

Value, last 12 filed months

$138 k

at the published price for each month

Months reported

226

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	65,228 bbl	$2,359,862
Casinghead gas	Production	23 Mcf	$0
Total			$2,359,862

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 (3)

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 33.3334, -95.1889. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

33.33321, -95.18882 · 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

33.3%

1 of 3 wells

With a plug date

33.3%

1 of 3 wells

Median depth

4,485 ft

2 wells filed one

Completion to plug

3.2 years

median over 1 well

What the state filed about each well

On the RRC proration schedule

133.3%

A plug date is filed

133.3%

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

133.3%

NeitherNo plug date, and not on the schedule.

266.7%

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 4,470 and 4,500 ft, median 4,485 ft, over the 2 wells that filed a depth.

Completions filed

Feb 1969 – Nov 1983

2 of 3 wells; 1 filed none

Plug dates filed

Jan 1987

1 of 3 wells; 2 filed none

Last completion to plug: a median of 3.2 years across the 1 well that filed both dates, with the middle half between 3.2 years and 3.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

3 wells


42-15900103	1	—	—	—	—
42-15930334	3	4,470 ft	Nov 1983	Jan 1987	Yes
42-15920034	2	4,500 ft	Feb 1969	—	—

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 (226)

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

226 months


Oct 2011	0	0	84.98	3.65	$0
Sep 2011	0	0	83.62	3.99	$0
Aug 2011	0	0	83.40	4.15	$0
Jul 2011	0	0	94.14	4.52	$0
Jun 2011	215	0	92.90	4.64	$19,974
May 2011	168	0	98.13	4.40	$16,486
Apr 2011	204	0	105.96	4.33	$21,616
Mar 2011	243	0	96.36	4.06	$23,415
Feb 2011	109	0	85.64	4.18	$9,335
Jan 2011	135	0	86.50	4.59	$11,678
Dec 2010	172	0	85.73	4.35	$14,746
Nov 2010	259	0	80.84	3.80	$20,938
Oct 2010	208	0	78.10	3.51	$16,245
Sep 2010	243	0	72.63	3.98	$17,649
Aug 2010	241	0	73.68	4.42	$17,757
Jul 2010	244	0	72.55	4.74	$17,702
Jun 2010	222	0	70.36	4.91	$15,620
May 2010	261	0	71.12	4.24	$18,562
Apr 2010	248	0	81.69	4.12	$20,259
Mar 2010	264	0	78.39	4.39	$20,695
Feb 2010	181	0	73.58	5.44	$13,318
Jan 2010	165	0	74.36	5.96	$12,269
Dec 2009	187	0	71.44	5.48	$13,359
Nov 2009	245	0	74.59	3.75	$18,275
Oct 2009	231	0	72.54	4.11	$16,757
Sep 2009	232	0	65.54	3.06	$15,205
Aug 2009	229	0	67.42	3.22	$15,439
Jul 2009	250	0	61.13	3.46	$15,283
Jun 2009	258	0	66.16	3.90	$17,069
May 2009	266	0	54.74	3.93	$14,561
Apr 2009	275	0	46.77	3.59	$12,862
Mar 2009	262	0	42.14	4.06	$11,041
Feb 2009	255	0	32.81	4.63	$8,367
Jan 2009	224	0	35.86	5.37	$8,033
Dec 2008	183	0	37.10	5.98	$6,789
Nov 2008	287	0	55.49	6.86	$15,926
Oct 2008	365	0	75.24	6.92	$27,463
Sep 2008	361	0	101.76	7.88	$36,735
Aug 2008	358	0	114.22	8.48	$40,891
Jul 2008	339	0	131.08	11.39	$44,436
Jun 2008	349	0	131.33	13.03	$45,834
May 2008	299	0	123.17	11.57	$36,828
Apr 2008	300	0	110.31	10.45	$33,093
Mar 2008	354	0	101.90	9.66	$36,073
Feb 2008	281	0	92.53	8.77	$26,001
Jan 2008	279	0	90.38	8.21	$25,216
Dec 2007	294	0	88.33	7.30	$25,969
Nov 2007	234	0	91.67	7.29	$21,451
Oct 2007	264	0	82.85	6.92	$21,872
Sep 2007	238	0	75.84	6.24	$18,050
Aug 2007	244	0	69.06	6.39	$16,851
Jul 2007	243	0	70.90	6.39	$17,229
Jun 2007	259	0	62.00	7.55	$16,058
May 2007	235	0	58.74	7.85	$13,804
Apr 2007	274	0	59.61	7.81	$16,333
Mar 2007	271	0	56.92	7.30	$15,425
Feb 2007	204	0	55.10	8.22	$11,240
Jan 2007	284	0	50.30	6.73	$14,285
Dec 2006	272	0	56.65	6.92	$15,409
Nov 2006	277	0	54.20	7.62	$15,013
Oct 2006	225	0	54.90	6.01	$12,353
Sep 2006	247	0	60.08	5.04	$14,840
Aug 2006	270	0	68.71	7.34	$18,552
Jul 2006	284	0	69.37	6.34	$19,701
Jun 2006	268	0	66.28	6.38	$17,763
May 2006	250	0	66.01	6.42	$16,503
Apr 2006	223	0	64.39	7.36	$14,359
Mar 2006	214	0	56.70	7.08	$12,134
Feb 2006	237	0	57.59	7.75	$13,649
Jan 2006	300	0	60.59	8.93	$18,177
Dec 2005	310	0	54.94	13.42	$17,031
Nov 2005	298	0	54.69	10.59	$16,298
Oct 2005	313	0	58.34	13.80	$18,260
Sep 2005	196	0	61.45	12.08	$12,044
Aug 2005	287	0	61.51	9.80	$17,653
Jul 2005	242	0	55.69	7.84	$13,477
Jun 2005	90	0	52.33	7.38	$4,710
May 2005	379	0	45.22	6.65	$17,138
Apr 2005	300	0	49.20	7.36	$14,760
Mar 2005	331	0	50.37	7.15	$16,672
Feb 2005	357	0	45.22	6.31	$16,144
Jan 2005	289	0	43.16	6.32	$12,473
Dec 2004	242	0	39.86	6.75	$9,646
Nov 2004	329	0	45.28	6.33	$14,897
Oct 2004	356	0	49.70	6.52	$17,693
Sep 2004	328	0	43.24	5.28	$14,183
Aug 2004	389	0	42.37	5.55	$16,482
Jul 2004	387	0	38.28	6.08	$14,814
Jun 2004	273	0	36.10	6.43	$9,855
May 2004	352	0	37.48	6.49	$13,193
Apr 2004	314	0	34.47	5.86	$10,824
Mar 2004	246	0	34.36	5.53	$8,453
Feb 2004	318	0	32.45	5.51	$10,319
Jan 2004	391	0	32.03	6.30	$12,524
Dec 2003	376	0	30.26	6.30	$11,378
Nov 2003	133	0	28.80	4.60	$3,830
Oct 2003	283	0	28.17	4.76	$7,972
Sep 2003	300	0	26.31	4.75	$7,893
Aug 2003	260	0	29.76	5.13	$7,738
Jul 2003	302	0	29.41	5.17	$8,882
Jun 2003	306	0	28.56	5.98	$8,739
May 2003	302	0	26.59	5.97	$8,030
Apr 2003	285	0	26.67	5.41	$7,601
Mar 2003	272	0	31.14	6.10	$8,470
Feb 2003	258	0	33.48	7.93	$8,638
Jan 2003	298	0	30.31	5.58	$9,032
Dec 2002	289	0	26.91	4.85	$7,777
Nov 2002	280	0	24.66	4.14	$6,905
Oct 2002	324	0	26.46	4.23	$8,573
Sep 2002	417	0	27.44	3.64	$11,442
Aug 2002	360	0	25.96	3.16	$9,346
Jul 2002	103	0	24.58	3.06	$2,532
Jun 2002	28	0	23.73	3.34	$664
May 2002	118	0	24.66	3.58	$2,910
Apr 2002	210	0	23.65	3.51	$4,967
Mar 2002	228	0	22.00	3.10	$5,016
Feb 2002	201	0	18.22	2.38	$3,662
Jan 2002	319	0	17.17	2.38	$5,477
Dec 2001	179	0	16.93	2.36	$3,030
Nov 2001	262	0	18.07	2.41	$4,734
Oct 2001	479	0	19.78	2.53	$9,475
Sep 2001	1	0	24.26	2.25	$24
Aug 2001	57	0	24.87	3.05	$1,418
Jul 2001	20	0	23.93	3.20	$479
Jun 2001	14	0	24.56	3.82	$344
May 2001	102	0	25.52	4.31	$2,603
Apr 2001	272	0	24.68	5.34	$6,713
Mar 2001	221	0	24.54	5.38	$5,423
Feb 2001	165	0	27.75	5.77	$4,579
Jan 2001	228	0	27.47	8.40	$6,263
Dec 2000	178	0	26.88	9.12	$4,785
Nov 2000	194	0	32.21	5.66	$6,249
Oct 2000	134	0	31.23	5.15	$4,185
Sep 2000	151	0	31.87	5.19	$4,812
Aug 2000	233	0	29.64	4.54	$6,906
Jul 2000	165	0	28.53	4.09	$4,707
Jun 2000	276	0	29.30	4.40	$8,087
May 2000	151	0	27.26	3.68	$4,116
Apr 2000	218	0	24.51	3.12	$5,343
Mar 2000	206	0	28.42	2.86	$5,855
Feb 2000	167	0	27.62	2.73	$4,613
Jan 2000	216	0	25.27	2.48	$5,458
Dec 1999	410	0	24.28	2.42	$9,955
Nov 1999	139	0	23.19	2.43	$3,223
Oct 1999	224	0	20.98	2.80	$4,700
Sep 1999	181	0	21.75	2.62	$3,937
Aug 1999	221	0	19.26	2.88	$4,256
Jul 1999	287	0	17.89	2.37	$5,134
Jun 1999	271	0	15.94	2.36	$4,320
May 1999	303	0	15.79	2.32	$4,784
Apr 1999	372	0	15.10	2.21	$5,617
Mar 1999	377	0	12.47	1.84	$4,701
Feb 1999	351	0	9.98	1.82	$3,503
Jan 1999	369	0	10.38	1.90	$3,830
Dec 1998	360	0	9.20	1.77	$3,312
Nov 1998	235	0	10.89	2.19	$2,559
Oct 1998	239	0	12.42	1.97	$2,968
Sep 1998	298	0	12.59	2.08	$3,752
Aug 1998	257	0	11.30	1.91	$2,904
Jul 1998	138	0	11.74	2.24	$1,620
Jun 1998	16	0	11.24	2.24	$180
May 1998	242	0	12.62	2.21	$3,054
Apr 1998	258	0	13.04	2.51	$3,364
Mar 1998	247	0	12.80	2.31	$3,162
Feb 1998	206	0	13.95	2.30	$2,874
Jan 1998	310	0	14.70	2.15	$4,557
Dec 1997	227	0	16.32	2.41	$3,705
Nov 1997	324	0	18.19	3.09	$5,894
Oct 1997	388	0	19.25	3.15	$7,469
Sep 1997	375	0	17.74	2.95	$6,653
Aug 1997	305	0	17.86	2.55	$5,447
Jul 1997	185	0	17.58	2.25	$3,252
Jun 1997	184	0	17.24	2.26	$3,172
May 1997	201	0	18.97	2.31	$3,813
Apr 1997	247	0	17.88	2.08	$4,416
Mar 1997	211	0	18.95	1.94	$3,998
Feb 1997	161	0	20.49	2.21	$3,299
Jan 1997	307	0	23.48	3.54	$7,208
Dec 1996	355	0	23.32	—	$8,279
Nov 1996	350	0	21.97	—	$7,690
Oct 1996	324	0	23.31	—	$7,552
Sep 1996	343	0	22.22	—	$7,621
Aug 1996	386	0	20.26	—	$7,820
Jul 1996	320	0	19.55	—	$6,256
Jun 1996	364	0	18.73	—	$6,818
May 1996	386	0	19.43	—	$7,500
Apr 1996	277	0	21.51	—	$5,958
Mar 1996	147	0	19.38	—	$2,849
Feb 1996	167	0	16.98	—	$2,836
Jan 1996	342	0	17.07	—	$5,838
Dec 1995	332	0	17.19	—	$5,707
Nov 1995	233	0	16.00	—	$3,728
Oct 1995	466	0	15.43	—	$7,190
Sep 1995	466	0	16.18	—	$7,540
Aug 1995	458	0	15.92	—	$7,291
Jul 1995	478	0	15.24	—	$7,285
Jun 1995	486	0	16.41	—	$7,975
May 1995	484	0	17.56	—	$8,499
Apr 1995	491	0	17.73	—	$8,705
Mar 1995	461	0	16.44	—	$7,579
Feb 1995	667	0	16.58	—	$11,059
Jan 1995	553	0	15.92	—	$8,804
Dec 1994	449	0	15.03	—	$6,748
Nov 1994	470	1	15.90	—	$7,473
Oct 1994	589	1	15.58	—	$9,177
Sep 1994	570	1	15.29	—	$8,715
Aug 1994	510	1	16.13	—	$8,226
Jul 1994	462	1	17.56	—	$8,113
Jun 1994	459	1	17.09	—	$7,844
May 1994	496	1	15.88	—	$7,876
Apr 1994	480	1	14.14	—	$6,787
Mar 1994	456	1	12.46	—	$5,682
Feb 1994	532	1	12.50	—	$6,650
Jan 1994	584	1	12.66	—	$7,393
Dec 1993	553	1	12.33	—	$6,818
Nov 1993	515	1	14.49	—	$7,462
Oct 1993	610	1	15.85	—	$9,669
Sep 1993	489	1	15.03	—	$7,350
Aug 1993	559	1	15.66	—	$8,754
Jul 1993	548	1	15.46	—	$8,472
Jun 1993	519	1	16.79	—	$8,714
May 1993	419	1	17.68	—	$7,408
Apr 1993	433	1	18.05	—	$7,816
Mar 1993	451	1	18.14	—	$8,181
Feb 1993	419	1	17.90	—	$7,500
Jan 1993	474	1	16.93	—	$8,025

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.

Jun 2011 — as filed, then multipliedworked

Oil                  215 bbl  × $ 92.90 =    $19,974
Casinghead gas         0 Mcf  × $  4.64 =         $0

────────────────────────────────────────────────────
Month total                                  $19,974

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/1695 is the state's own key, not one this site invented.