REED & BITNER -G-

Operated by LAYLINE PETROLEUM I, LLC (P-5 491375) in the WOODLAWN field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 1953District 06Field 98563001OilCasinghead gasSaveExport
Value, all time
$749 k
Jan 1993 – Aug 2012
Value, last 12 filed months
$0
at the published price for each month
Months reported
236
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 42 leases and 88 wells, and the rule below applies to all of them.

Discovered
1951-04-26
as the register files it
Field class
Oil
the register's own label
Between wells
933 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres.

The Commission's schedule remark for this field reads: WOODLAWN (PETTIT UPPER) TRANSFERRED TO THIS FIELD

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
OilDisposition34,431 bbl$749,124
Casinghead gasProduction137 Mcf$336
Total$749,460

47 Mcf of this lease's gas, across 47 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 (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 32.7506, -94.3037. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.75056, -94.30367 · 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
6,729 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
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 6,729 ft.

Plug dates filed
Jun 2012
1 of 1 wells

1 well

42-3150032816,729 ftJun 2012Yes

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 (236)

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

236 months

Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
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 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
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 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 2007204075.846.24$15,471
Aug 20071069.066.39$69
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 2006161056.707.08$9,129
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 2005127061.4512.08$7,804
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 2005152052.337.38$7,954
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 2005180050.377.15$9,067
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040143.245.28$5
Aug 2004128042.375.55$5,423
Jul 20040138.286.08$6
Jun 20040136.106.43$6
May 20040137.486.49$6
Apr 2004169134.475.86$5,831
Mar 20040134.365.53$6
Feb 2004181132.455.51$5,879
Jan 20040132.036.30$6
Dec 20030130.266.30$6
Nov 2003178128.804.60$5,131
Oct 20030128.174.76$5
Sep 20030126.314.75$5
Aug 2003181129.765.13$5,392
Jul 2003177129.415.17$5,211
Jun 20030128.565.98$6
May 2003175126.595.97$4,659
Apr 2003180126.675.41$4,806
Mar 20030131.146.10$6
Feb 20030133.487.93$8
Jan 20030130.315.58$6
Dec 2002176126.914.85$4,741
Nov 20020124.664.14$4
Oct 20020126.464.23$4
Sep 2002171127.443.64$4,696
Aug 20020125.963.16$3
Jul 20020124.583.06$3
Jun 2002180123.733.34$4,275
May 20020124.663.58$4
Apr 20020123.653.51$4
Mar 20020122.003.10$3
Feb 2002181118.222.38$3,300
Jan 20020117.172.38$2
Dec 20010116.932.36$2
Nov 20010118.072.41$2
Oct 2001172119.782.53$3,405
Sep 2001364124.262.25$8,833
Aug 2001182124.873.05$4,529
Jul 20010123.933.20$3
Jun 2001178124.563.82$4,376
May 2001257125.524.31$6,563
Apr 2001178124.685.34$4,398
Mar 2001179124.545.38$4,398
Feb 2001180127.755.77$5,001
Jan 2001171127.478.40$4,706
Dec 2000174126.889.12$4,686
Nov 20000132.215.66$6
Oct 2000182131.235.15$5,689
Sep 2000362131.875.19$11,542
Aug 2000355129.644.54$10,527
Jul 2000180128.534.09$5,139
Jun 2000388029.304.40$11,368
May 2000371127.263.68$10,117
Apr 2000387124.513.12$9,488
Mar 2000366128.422.86$10,405
Feb 2000737127.622.73$20,359
Jan 20001,092025.272.48$27,595
Dec 19991,828124.282.42$44,386
Nov 19992,412123.192.43$55,937
Oct 19993,044120.982.80$63,866
Sep 19992,175121.752.62$47,309
Aug 1999864119.262.88$16,644
Jul 1999175117.892.37$3,133
Jun 19990115.942.36$2
May 1999476115.792.32$7,518
Apr 1999189115.102.21$2,856
Mar 1999189112.471.84$2,359
Feb 199918919.981.82$1,888
Jan 1999183110.381.90$1,901
Dec 199818619.201.77$1,713
Nov 1998189110.892.19$2,060
Oct 1998168112.421.97$2,089
Sep 1998189112.592.08$2,382
Aug 1998178111.301.91$2,013
Jul 1998353111.742.24$4,146
Jun 1998186111.242.24$2,093
May 1998189112.622.21$2,387
Apr 1998376113.042.51$4,906
Mar 19980112.802.31$2
Feb 1998189113.952.30$2,639
Jan 1998192114.702.15$2,825
Dec 1997191116.322.41$3,120
Nov 1997175118.193.09$3,186
Oct 1997189119.253.15$3,641
Sep 1997179117.742.95$3,178
Aug 1997191117.862.55$3,414
Jul 1997187117.582.25$3,290
Jun 1997183117.242.26$3,157
May 1997187118.972.31$3,550
Apr 1997185117.882.08$3,310
Mar 1997369118.951.94$6,994
Feb 19970120.492.21$2
Jan 1997185123.483.54$4,347
Dec 1996186123.32$4,338
Nov 1996188121.97$4,130
Oct 1996190123.31$4,429
Sep 1996181122.22$4,022
Aug 1996177120.26$3,586
Jul 1996180119.55$3,519
Jun 1996191118.73$3,577
May 1996195119.43$3,789
Apr 1996183121.51$3,936
Mar 1996190119.38$3,682
Feb 1996196116.98$3,328
Jan 1996189117.07$3,226
Dec 1995188117.19$3,232
Nov 1995188116.00$3,008
Oct 1995187115.43$2,885
Sep 1995189116.18$3,058
Aug 1995186115.92$2,961
Jul 1995187115.24$2,850
Jun 1995197116.41$3,233
May 1995184117.56$3,231
Apr 1995187117.73$3,316
Mar 1995187116.44$3,074
Feb 1995187116.58$3,100
Jan 1995189115.92$3,009
Dec 1994191115.03$2,871
Nov 1994190015.90$3,021
Oct 1994159115.58$2,477
Sep 1994188115.29$2,875
Aug 1994192116.13$3,097
Jul 1994162117.56$2,845
Jun 1994182117.09$3,110
May 1994177115.88$2,811
Apr 1994180114.14$2,545
Mar 1994372112.46$4,635
Feb 19940112.50$0
Jan 1994188112.66$2,380
Dec 19930112.33$0
Nov 1993187114.49$2,710
Oct 1993191115.85$3,027
Sep 1993186115.03$2,796
Aug 1993173115.66$2,709
Jul 1993184115.46$2,845
Jun 1993190116.79$3,190
May 1993191117.68$3,377
Apr 1993181118.05$3,267
Mar 1993188118.14$3,410
Feb 1993190117.90$3,401
Jan 1993190116.93$3,217

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.

Sep 2007 — as filed, then multipliedworked
Oil                  204 bbl  × $ 75.84 =    $15,471
Casinghead gas         0 Mcf  × $  6.24 =         $0

────────────────────────────────────────────────────
Month total                                  $15,471

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/1953 is the state's own key, not one this site invented.