NUTT 7

Name: NUTT 7 lease production and value, May 1996 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by MAYNARD OIL CO. (P-5 536740) in the NUZ (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 158562District 08Field 66345700CondensateGasSave Export

Value, all time

$2.1 M

May 1996 – Oct 2000

Value, last 12 filed months

$452 k

at the published price for each month

Months reported

no gaps in the span

Streams

condensate, gas

The NUZ (WOLFCAMP) 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 12 leases and 15 wells, and the rule below applies to all of them.

Discovered

1982-07-17

as the register files it

Field class

Oil and gas

the register's own label

Between wells

1,320 ft

minimum

From a lease line

660 ft

minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 1984-06-25.

The Commission's schedule remark for this field reads: “AOF-1 AND AOF-2 EFFECTIVE 08/01/96.”

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
Condensate	Disposition	7,550 bbl	$140,673
Gas	Production	957,246 Mcf	$1,927,410
Total			$2,068,084

189,326 Mcf of this lease's gas, across 8 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 30.8205, -102.5235. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.82047, -102.52351 · 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

100.0%

1 of 1 wells

With a plug date

100.0%

1 of 1 wells

Median depth

7,327 ft

1 wells filed one

Completion to plug

28.1 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 7,327 ft.

Completions filed

Nov 1983

1 of 1 wells

Plug dates filed

Dec 2011

1 of 1 wells

Last completion to plug: a median of 28.1 years across the 1 well that filed both dates, with the middle half between 28.1 years and 28.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-37134540	1	7,327 ft	Nov 1983	Dec 2011	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 (54)

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

54 months


Oct 2000	0	0	31.23	5.15	$0
Sep 2000	0	0	31.87	5.19	$0
Aug 2000	498	0	29.64	4.54	$14,761
Jul 2000	0	17,265	28.53	4.09	$70,610
Jun 2000	0	16,982	29.30	4.40	$74,674
May 2000	0	17,628	27.26	3.68	$64,867
Apr 2000	207	15,546	24.51	3.12	$53,515
Mar 2000	0	424	28.42	2.86	$1,213
Feb 2000	0	14,530	27.62	2.73	$39,616
Jan 2000	339	16,990	25.27	2.48	$50,710
Dec 1999	113	17,071	24.28	2.42	$44,119
Nov 1999	0	15,495	23.19	2.43	$37,715
Oct 1999	0	16,262	20.98	2.80	$45,594
Sep 1999	218	14,226	21.75	2.62	$41,997
Aug 1999	0	16,463	19.26	2.88	$47,341
Jul 1999	244	16,702	17.89	2.37	$43,988
Jun 1999	0	16,438	15.94	2.36	$38,828
May 1999	225	16,950	15.79	2.32	$42,894
Apr 1999	115	16,702	15.10	2.21	$38,615
Mar 1999	110	16,760	12.47	1.84	$32,182
Feb 1999	213	15,285	9.98	1.82	$29,911
Jan 1999	215	14,877	10.38	1.90	$30,497
Dec 1998	102	13,691	9.20	1.77	$25,217
Nov 1998	198	17,972	10.89	2.19	$41,438
Oct 1998	182	16,984	12.42	1.97	$35,706
Sep 1998	0	17,214	12.59	2.08	$35,850
Aug 1998	103	17,637	11.30	1.91	$34,804
Jul 1998	101	19,222	11.74	2.24	$44,191
Jun 1998	105	18,655	11.24	2.24	$42,916
May 1998	210	19,672	12.62	2.21	$46,053
Apr 1998	0	19,368	13.04	2.51	$48,523
Mar 1998	305	18,237	12.80	2.31	$46,021
Feb 1998	0	18,991	13.95	2.30	$43,663
Jan 1998	417	11,837	14.70	2.15	$31,636
Dec 1997	0	18,236	16.32	2.41	$43,969
Nov 1997	219	21,412	18.19	3.09	$70,109
Oct 1997	227	22,405	19.25	3.15	$74,941
Sep 1997	210	21,796	17.74	2.95	$68,130
Aug 1997	0	22,891	17.86	2.55	$58,481
Jul 1997	226	23,167	17.58	2.25	$56,028
Jun 1997	231	22,179	17.24	2.26	$54,045
May 1997	0	23,375	18.97	2.31	$53,961
Apr 1997	414	20,969	17.88	2.08	$51,076
Mar 1997	0	24,252	18.95	1.94	$47,028
Feb 1997	0	22,198	20.49	2.21	$48,967
Jan 1997	353	22,964	23.48	3.54	$89,574
Dec 1996	340	24,978	23.32	—	$7,929
Nov 1996	0	25,066	21.97	—	$0
Oct 1996	458	25,067	23.31	—	$10,676
Sep 1996	227	26,561	22.22	—	$5,044
Aug 1996	217	26,566	20.26	—	$4,396
Jul 1996	206	27,244	19.55	—	$4,027
Jun 1996	2	27,345	18.73	—	$37
May 1996	0	6,499	19.43	—	$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.

Aug 2000 — as filed, then multipliedworked

Condensate           498 bbl  × $ 29.64 =    $14,761
Gas                    0 Mcf  × $  4.54 =         $0

────────────────────────────────────────────────────
Month total                                  $14,761

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. 08/G/158562 is the state's own key, not one this site invented.