TEXACO 37

Operated by SOUTHWEST ROYALTIES, INC. (P-5 806470) in the SIGNAL PEAK (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 167358District 08Field 835185002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.6 M
Jan 1998 – Jul 2015
Value, last 12 filed months
$4 k
at the published price for each month
Months reported
211
no gaps in the span
Streams
2
condensate, 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 132 leases and 253 wells, and the rule below applies to all of them.

Discovered
1983-04-23
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 80 acres. The field rule took effect on 2009-06-18.

The Commission's schedule remark for this field reads: 08-0223268 DATED 6/18/2009

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112006-03-21166876
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
CondensateDisposition268 bbl$9,414
GasProduction656,799 Mcf$2,602,768
Total$2,612,182

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 32.1944, -101.2706. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.19443, -101.27063 · 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
7,860 ft
1 wells filed one
Completion to plug
14.4 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 7,860 ft.

Completions filed
Jan 1998
1 of 1 wells
Plug dates filed
Jun 2012
1 of 1 wells

Last completion to plug: a median of 14.4 years across the 1 well that filed both dates, with the middle half between 14.4 years and 14.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2273526717,860 ftJan 1998Jun 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 (211)

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

211 months

Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 201569055.212.96$3,809
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 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
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 2011011783.404.15$485
Jul 2011026394.144.52$1,188
Jun 2011042592.904.64$1,972
May 2011062898.134.40$2,766
Apr 2011050105.964.33$217
Mar 2011046996.364.06$1,903
Feb 2011043285.644.18$1,806
Jan 2011042586.504.59$1,950
Dec 2010050985.734.35$2,213
Nov 2010052080.843.80$1,974
Oct 2010047478.103.51$1,663
Sep 2010042572.633.98$1,691
Aug 2010054173.684.42$2,391
Jul 2010070972.554.74$3,358
Jun 201011,19170.364.91$5,919
May 201001,27571.124.24$5,400
Apr 2010072381.694.12$2,981
Mar 201011,08178.394.39$4,823
Feb 2010098773.585.44$5,372
Jan 201001,04774.365.96$6,244
Dec 200901,10571.445.48$6,060
Nov 200901,10074.593.75$4,127
Oct 200901,17772.544.11$4,838
Sep 200911,12265.543.06$3,504
Aug 200901,15867.423.22$3,727
Jul 200901,16161.133.46$4,022
Jun 200901,58466.163.90$6,170
May 200901,56654.743.93$6,148
Apr 200901,32246.773.59$4,743
Mar 200901,49942.144.06$6,084
Feb 200901,12532.814.63$5,212
Jan 200901,95335.865.37$10,490
Dec 200802,28237.105.98$13,640
Nov 200802,01655.496.86$13,830
Oct 200801,15475.246.92$7,988
Sep 20080639101.767.88$5,033
Aug 200801,122114.228.48$9,518
Jul 200811,509131.0811.39$17,318
Jun 200811,536131.3313.03$20,149
May 200801,559123.1711.57$18,044
Apr 200801,560110.3110.45$16,310
Mar 200801,571101.909.66$15,182
Feb 200801,62792.538.77$14,270
Jan 2008197990.388.21$8,124
Dec 200701,56288.337.30$11,406
Nov 200701,71691.677.29$12,513
Oct 200701,95382.856.92$13,519
Sep 200701,41375.846.24$8,823
Aug 200701,97869.066.39$12,635
Jul 200702,07170.906.39$13,229
Jun 200702,01062.007.55$15,172
May 200712,03058.747.85$15,987
Apr 200701,98359.617.81$15,478
Mar 200702,16256.927.30$15,787
Feb 200701,83355.108.22$15,060
Jan 200711,90650.306.73$12,872
Dec 200602,07956.656.92$14,383
Nov 200612,09154.207.62$15,982
Oct 200662,13154.906.01$13,145
Sep 200622,02660.085.04$10,326
Aug 200602,29068.717.34$16,808
Jul 200602,32869.376.34$14,766
Jun 200602,31366.286.38$14,766
May 200612,38966.016.42$15,415
Apr 200602,30764.397.36$16,981
Mar 200622,43056.707.08$17,325
Feb 200612,18357.597.75$16,978
Jan 200602,49460.598.93$22,280
Dec 200512,34154.9413.42$31,460
Nov 200502,45854.6910.59$26,026
Oct 200502,66758.3413.80$36,793
Sep 200502,28061.4512.08$27,540
Aug 200502,31961.519.80$22,719
Jul 200512,67655.697.84$21,045
Jun 200502,66852.337.38$19,693
May 200502,72245.226.65$18,104
Apr 200502,81849.207.36$20,742
Mar 200502,95550.377.15$21,143
Feb 200502,42945.226.31$15,332
Jan 200502,64843.166.32$16,741
Dec 200402,20739.866.75$14,900
Nov 200402,12945.286.33$13,477
Oct 200402,59049.706.52$16,874
Sep 200402,59743.245.28$13,722
Aug 200402,79642.375.55$15,520
Jul 200412,85938.286.08$17,433
Jun 200402,82436.106.43$18,167
May 200402,89137.486.49$18,776
Apr 200402,70134.475.86$15,824
Mar 200402,78634.365.53$15,407
Feb 200402,77432.455.51$15,284
Jan 200403,09032.036.30$19,466
Dec 200323,00730.266.30$19,010
Nov 200302,56828.804.60$11,800
Oct 200303,21528.174.76$15,302
Sep 200303,12926.314.75$14,861
Aug 200303,48029.765.13$17,851
Jul 200303,58129.415.17$18,517
Jun 200303,47528.565.98$20,791
May 200303,66826.595.97$21,908
Apr 200303,61826.675.41$19,564
Mar 200303,67031.146.10$22,372
Feb 200303,54133.487.93$28,066
Jan 200304,00730.315.58$22,367
Dec 200204,09926.914.85$19,896
Nov 200204,11324.664.14$17,015
Oct 200204,38326.464.23$18,536
Sep 200203,44427.443.64$12,520
Aug 200203,48725.963.16$11,033
Jul 200203,64124.583.06$11,148
Jun 200203,94823.733.34$13,179
May 200214,26424.663.58$15,307
Apr 200214,07223.653.51$14,326
Mar 200204,43522.003.10$13,761
Feb 200224,14618.222.38$9,886
Jan 200234,72717.172.38$11,281
Dec 200114,52716.932.36$10,721
Nov 200104,71618.072.41$11,344
Oct 200115,16419.782.53$13,079
Sep 200115,13324.262.25$11,580
Aug 200105,50924.873.05$16,820
Jul 200105,76623.933.20$18,434
Jun 200115,80024.563.82$22,205
May 200106,20025.524.31$26,705
Apr 200103,28224.685.34$17,511
Mar 200102,89524.545.38$15,565
Feb 200102,89027.755.77$16,667
Jan 200102,84827.478.40$23,920
Dec 200002,73126.889.12$24,914
Nov 200003,26132.215.66$18,451
Oct 200003,51031.235.15$18,061
Sep 200004,31831.875.19$22,395
Aug 200005,21829.644.54$23,694
Jul 200005,50628.534.09$22,518
Jun 200005,25929.304.40$23,125
May 200006,03527.263.68$22,207
Apr 200005,85724.513.12$18,250
Mar 200005,69928.422.86$16,298
Feb 200005,56927.622.73$15,184
Jan 200006,01425.272.48$14,918
Dec 199906,19224.282.42$15,008
Nov 19991626,32523.192.43$19,152
Oct 199906,30420.982.80$17,675
Sep 199906,55721.752.62$17,172
Aug 199907,06519.262.88$20,316
Jul 199907,42117.892.37$17,605
Jun 199907,46615.942.36$17,635
May 199908,21615.792.32$19,070
Apr 199908,42015.102.21$18,592
Mar 1999010,20012.471.84$18,751
Feb 199909,4909.981.82$17,251
Jan 1999011,20410.381.90$21,287
Dec 199809,0169.201.77$15,988
Nov 199809,96910.892.19$21,789
Oct 1998012,94612.421.97$25,493
Sep 1998015,94712.592.08$33,212
Aug 1998014,54111.301.91$27,735
Jul 1998015,16611.742.24$33,930
Jun 1998017,16311.242.24$38,398
May 1998017,77712.622.21$39,222
Apr 1998018,41113.042.51$46,126
Mar 1998027,42312.802.31$63,332
Feb 1998031,91113.952.30$73,368
Jan 199809,62414.702.15$20,738

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.

May 2015 — as filed, then multipliedworked
Condensate            69 bbl  × $ 55.21 =     $3,809
Gas                    0 Mcf  × $  2.96 =         $0

────────────────────────────────────────────────────
Month total                                   $3,809

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/167358 is the state's own key, not one this site invented.