DIAMOND BACK

Operated by RED WILLOW PRODUCTION, LLC (P-5 697104) in the WOLFBONE (TREND AREA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 261392District 08Field 98359800Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$530 k
May 2011 – Jun 2015
Value, last 12 filed months
$0
at the published price for each month
Months reported
50
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 1,266 leases and 2,377 wells, and the rule below applies to all of them.

Discovered
2010-11-30
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2015-04-08.

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: DESIGNATED AS UFT FIELD PER DOCKET 01-0299858

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
CondensateDisposition3,152 bbl$293,327
GasProduction58,781 Mcf$236,852
Total$530,179

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 31.4445, -103.6679. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.44446, -103.66794 · 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
0.0%
0 of 1 wells
Median depth
11,512 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
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
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 11,512 ft.

Completions filed
Jun 2011
1 of 1 wells

1 well

42-38932711111,512 ftJun 2011Yes

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 (50)

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

50 months

Jun 20150056.152.88$0
May 20150055.212.96$0
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 2014125098.164.74$12,270
May 20140094.734.73$0
Apr 20141796495.944.81$17,481
Mar 201407395.895.06$369
Feb 201405197.406.19$316
Jan 20141796590.404.86$16,498
Dec 201306691.824.35$287
Nov 201306388.853.74$236
Oct 20131805397.423.78$17,736
Sep 201354106104.113.72$6,016
Aug 2013059104.253.52$208
Jul 2013058102.523.72$216
Jun 20131705894.403.93$16,276
May 2013011994.834.15$494
Apr 20130493.964.28$17
Mar 20131677493.623.91$15,924
Feb 201305991.233.42$202
Jan 20131698191.603.42$15,757
Dec 2012015486.773.42$527
Nov 2012060686.953.62$2,197
Oct 201216969689.383.40$17,471
Sep 2012075194.672.92$2,192
Aug 201218295492.662.91$19,639
Jul 2012067585.133.02$2,039
Jun 20121681,54279.822.52$17,294
May 201211,91191.612.49$4,847
Apr 20121642,324101.652.00$21,311
Mar 20121821,549105.052.22$22,561
Feb 2012040101.102.57$103
Jan 20121691,60198.092.73$20,954
Dec 201119017296.873.24$18,963
Nov 20111652,06195.723.31$22,618
Oct 20111771,88184.983.65$21,904
Sep 20111761,57883.623.99$21,007
Aug 20111791,49083.404.15$21,111
Jul 201167,61394.144.52$34,955
Jun 2011122,86592.904.64$106,184
May 201107,26598.134.40$32,001

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 2014 — as filed, then multipliedworked
Condensate           125 bbl  × $ 98.16 =    $12,270
Gas                    0 Mcf  × $  4.74 =         $0

────────────────────────────────────────────────────
Month total                                  $12,270

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/261392 is the state's own key, not one this site invented.