CUMMINS -15-

Name: CUMMINS -15- lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by CONDOR OPERATING CO. (P-5 170450) in the GOLDSMITH (5600) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 12297District 08Field 35652868Hydrogen sulphide fieldOilCasinghead gasSave Export

Value, all time

$5.0 M

Jan 1993 – Feb 2007

Value, last 12 filed months

$405 k

at the published price for each month

Months reported

170

no gaps in the span

Streams

oil, casinghead gas

The GOLDSMITH (5600) 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 157 leases and 1,575 wells, and the rule below applies to all of them.

Discovered

1947-10-26

as the register files it

Field class

Oil and gas

the register's own label

Between wells

850 ft

minimum

From a lease line

555 ft

minimum

A drilling unit in this field needs at least 20 acres.

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: “INTO THE GOLDSMITH (CLEAR FORK) 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.

Stream	Basis	Volume	Value
Oil	Disposition	135,674 bbl	$3,405,345
Casinghead gas	Production	648,822 Mcf	$1,636,386
Total			$5,041,732

268,524 Mcf of this lease's gas, across 48 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 (8)

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 32.0317, -102.7419. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.6 miles.

32.03212, -102.74196 · 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%

8 of 8 wells

With a plug date

62.5%

5 of 8 wells

Median depth

8,210 ft

7 wells filed one

Completion to plug

27.0 years

median over 4 wells

What the state filed about each well

On the RRC proration schedule

8100.0%

A plug date is filed

562.5%

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

562.5%

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

Total depth in feet, 7 of 8 wells. Median 8,210 ft, with the middle half between 5,730 and 8,782 ft; the shallowest is 5,710 ft and the deepest 9,450 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

Last completion by decade, 7 of 8 wells, Apr 1959 – May 2016. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed

Apr 1959 – May 2016

7 of 8 wells; 1 filed none

Plug dates filed

Jan 2016 – Dec 2023

5 of 8 wells; 3 filed none

Last completion to plug: a median of 27.0 years across the 4 wells that filed both dates, with the middle half between 22.1 years and 34.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

8 wells


42-13500192	4	5,710 ft	—	Jan 2016	Yes
42-13500193	5	5,725 ft	May 2016	Dec 2023	Yes
42-13500176	3 C	9,450 ft	Sep 2015	—	Yes
42-13500194	6	8,365 ft	Mar 1992	Feb 2019	Yes
42-13500177	8	5,735 ft	Feb 1991	Feb 2018	Yes
42-13500175	2 U	—	Dec 1962	—	Yes
42-13500174	1 U	9,198 ft	Nov 1962	Feb 2021	Yes
42-13508468	7 U	8,210 ft	Apr 1959	—	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 (170)

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

170 months


Feb 2007	0	0	55.10	8.22	$0
Jan 2007	0	0	50.30	6.73	$0
Dec 2006	0	0	56.65	6.92	$0
Nov 2006	0	0	54.20	7.62	$0
Oct 2006	552	2,605	54.90	6.01	$45,971
Sep 2006	563	2,596	60.08	5.04	$46,902
Aug 2006	353	2,114	68.71	7.34	$39,771
Jul 2006	553	2,176	69.37	6.34	$52,163
Jun 2006	747	2,062	66.28	6.38	$62,675
May 2006	547	1,945	66.01	6.42	$48,604
Apr 2006	719	2,339	64.39	7.36	$63,513
Mar 2006	541	2,079	56.70	7.08	$45,400
Feb 2006	912	2,241	57.59	7.75	$69,892
Jan 2006	731	2,624	60.59	8.93	$67,732
Dec 2005	530	2,625	54.94	13.42	$64,334
Nov 2005	913	2,254	54.69	10.59	$73,798
Oct 2005	737	2,226	58.34	13.80	$73,706
Sep 2005	743	2,278	61.45	12.08	$73,173
Aug 2005	731	2,835	61.51	9.80	$72,738
Jul 2005	755	2,988	55.69	7.84	$65,483
Jun 2005	733	2,982	52.33	7.38	$60,368
May 2005	747	2,830	45.22	6.65	$52,602
Apr 2005	1,082	2,881	49.20	7.36	$74,440
Mar 2005	731	2,958	50.37	7.15	$57,985
Feb 2005	721	2,671	45.22	6.31	$49,463
Jan 2005	739	2,950	43.16	6.32	$50,546
Dec 2004	713	2,964	39.86	6.75	$48,430
Nov 2004	712	3,023	45.28	6.33	$51,376
Oct 2004	723	2,874	49.70	6.52	$54,658
Sep 2004	712	2,955	43.24	5.28	$46,401
Aug 2004	930	2,919	42.37	5.55	$55,606
Jul 2004	907	2,837	38.28	6.08	$51,981
Jun 2004	371	2,485	36.10	6.43	$29,379
May 2004	956	2,759	37.48	6.49	$53,749
Apr 2004	952	2,689	34.47	5.86	$48,569
Mar 2004	458	3,059	34.36	5.53	$32,654
Feb 2004	942	2,855	32.45	5.51	$46,298
Jan 2004	956	3,083	32.03	6.30	$50,042
Dec 2003	954	2,994	30.26	6.30	$47,735
Nov 2003	936	2,834	28.80	4.60	$39,979
Oct 2003	951	3,107	28.17	4.76	$41,578
Sep 2003	957	3,037	26.31	4.75	$39,602
Aug 2003	955	3,151	29.76	5.13	$44,585
Jul 2003	478	3,074	29.41	5.17	$29,953
Jun 2003	958	2,752	28.56	5.98	$43,826
May 2003	479	2,899	26.59	5.97	$30,051
Apr 2003	920	2,298	26.67	5.41	$36,962
Mar 2003	477	3,129	31.14	6.10	$33,928
Feb 2003	941	2,841	33.48	7.93	$54,022
Jan 2003	932	3,148	30.31	5.58	$45,821
Dec 2002	932	3,132	26.91	4.85	$40,282
Nov 2002	478	2,957	24.66	4.14	$24,020
Oct 2002	939	3,057	26.46	4.23	$37,774
Sep 2002	476	3,004	27.44	3.64	$23,982
Aug 2002	935	0	25.96	3.16	$24,273
Jul 2002	929	0	24.58	3.06	$22,835
Jun 2002	475	0	23.73	3.34	$11,272
May 2002	945	0	24.66	3.58	$23,304
Apr 2002	933	0	23.65	3.51	$22,065
Mar 2002	476	3,150	22.00	3.10	$20,246
Feb 2002	474	3,230	18.22	2.38	$16,310
Jan 2002	477	3,439	17.17	2.38	$16,360
Dec 2001	466	3,429	16.93	2.36	$15,997
Nov 2001	476	3,175	18.07	2.41	$16,239
Oct 2001	467	3,413	19.78	2.53	$17,868
Sep 2001	924	3,368	24.26	2.25	$29,999
Aug 2001	468	3,114	24.87	3.05	$21,147
Jul 2001	471	3,408	23.93	3.20	$22,167
Jun 2001	436	3,317	24.56	3.82	$23,393
May 2001	940	3,880	25.52	4.31	$40,701
Apr 2001	472	2,891	24.68	5.34	$27,073
Mar 2001	478	3,611	24.54	5.38	$31,144
Feb 2001	439	3,260	27.75	5.77	$30,983
Jan 2001	791	3,622	27.47	8.40	$52,149
Dec 2000	918	3,739	26.88	9.12	$58,785
Nov 2000	0	3,401	32.21	5.66	$19,243
Oct 2000	475	3,336	31.23	5.15	$32,000
Sep 2000	455	3,190	31.87	5.19	$31,046
Aug 2000	916	3,943	29.64	4.54	$45,054
Jul 2000	466	3,849	28.53	4.09	$29,036
Jun 2000	460	3,842	29.30	4.40	$30,372
May 2000	917	3,537	27.26	3.68	$38,013
Apr 2000	472	3,813	24.51	3.12	$23,450
Mar 2000	924	3,573	28.42	2.86	$36,478
Feb 2000	476	3,359	27.62	2.73	$22,305
Jan 2000	912	2,794	25.27	2.48	$29,977
Dec 1999	476	2,838	24.28	2.42	$18,436
Nov 1999	423	1,737	23.19	2.43	$14,037
Oct 1999	905	3,844	20.98	2.80	$29,764
Sep 1999	930	3,312	21.75	2.62	$28,901
Aug 1999	909	3,392	19.26	2.88	$27,261
Jul 1999	462	3,639	17.89	2.37	$16,898
Jun 1999	871	3,813	15.94	2.36	$22,890
May 1999	435	3,867	15.79	2.32	$15,844
Apr 1999	856	3,907	15.10	2.21	$21,552
Mar 1999	459	4,143	12.47	1.84	$13,340
Feb 1999	949	5,053	9.98	1.82	$18,656
Jan 1999	954	4,299	10.38	1.90	$18,070
Dec 1998	2	4,202	9.20	1.77	$7,470
Nov 1998	464	4,302	10.89	2.19	$14,456
Oct 1998	944	4,654	12.42	1.97	$20,889
Sep 1998	473	5,220	12.59	2.08	$16,826
Aug 1998	464	3,239	11.30	1.91	$11,421
Jul 1998	930	3,106	11.74	2.24	$17,867
Jun 1998	456	3,123	11.24	2.24	$12,112
May 1998	476	3,627	12.62	2.21	$14,010
Apr 1998	476	4,326	13.04	2.51	$17,045
Mar 1998	480	4,379	12.80	2.31	$16,257
Feb 1998	939	4,453	13.95	2.30	$23,337
Jan 1998	462	4,394	14.70	2.15	$16,260
Dec 1997	947	4,945	16.32	2.41	$27,378
Nov 1997	1,411	5,534	18.19	3.09	$42,757
Oct 1997	464	4,479	19.25	3.15	$23,040
Sep 1997	933	4,953	17.74	2.95	$31,187
Aug 1997	935	5,821	17.86	2.55	$31,570
Jul 1997	941	7,270	17.58	2.25	$32,878
Jun 1997	930	5,826	17.24	2.26	$29,184
May 1997	453	3,980	18.97	2.31	$17,781
Apr 1997	948	3,161	17.88	2.08	$23,534
Mar 1997	1,414	4,124	18.95	1.94	$34,792
Feb 1997	477	3,439	20.49	2.21	$17,360
Jan 1997	948	4,039	23.48	3.54	$36,556
Dec 1996	466	3,742	23.32	—	$10,867
Nov 1996	947	5,255	21.97	—	$20,806
Oct 1996	1,397	5,664	23.31	—	$32,564
Sep 1996	470	4,455	22.22	—	$10,443
Aug 1996	933	5,383	20.26	—	$18,903
Jul 1996	933	5,722	19.55	—	$18,240
Jun 1996	924	5,577	18.73	—	$17,307
May 1996	936	5,564	19.43	—	$18,186
Apr 1996	1,330	6,454	21.51	—	$28,608
Mar 1996	470	6,377	19.38	—	$9,109
Feb 1996	1,424	6,080	16.98	—	$24,180
Jan 1996	918	5,619	17.07	—	$15,670
Dec 1995	944	5,685	17.19	—	$16,227
Nov 1995	1,404	5,669	16.00	—	$22,464
Oct 1995	1,419	4,879	15.43	—	$21,895
Sep 1995	921	4,331	16.18	—	$14,902
Aug 1995	1,404	4,975	15.92	—	$22,352
Jul 1995	940	5,012	15.24	—	$14,326
Jun 1995	1,409	3,281	16.41	—	$23,122
May 1995	773	3,356	17.56	—	$13,574
Apr 1995	1,522	3,995	17.73	—	$26,985
Mar 1995	738	4,046	16.44	—	$12,133
Feb 1995	702	4,202	16.58	—	$11,639
Jan 1995	1,561	5,051	15.92	—	$24,851
Dec 1994	773	4,216	15.03	—	$11,618
Nov 1994	780	5,637	15.90	—	$12,402
Oct 1994	773	4,558	15.58	—	$12,043
Sep 1994	1,533	5,480	15.29	—	$23,440
Aug 1994	764	6,164	16.13	—	$12,323
Jul 1994	769	5,845	17.56	—	$13,504
Jun 1994	1,525	5,867	17.09	—	$26,062
May 1994	776	2,576	15.88	—	$12,323
Apr 1994	775	4,574	14.14	—	$10,959
Mar 1994	729	5,796	12.46	—	$9,083
Feb 1994	745	4,676	12.50	—	$9,313
Jan 1994	1,444	5,509	12.66	—	$18,281
Dec 1993	781	6,090	12.33	—	$9,630
Nov 1993	1,356	6,368	14.49	—	$19,648
Oct 1993	771	6,986	15.85	—	$12,220
Sep 1993	1,545	7,515	15.03	—	$23,221
Aug 1993	755	7,318	15.66	—	$11,823
Jul 1993	1,538	7,666	15.46	—	$23,777
Jun 1993	1,536	7,713	16.79	—	$25,789
May 1993	778	7,218	17.68	—	$13,755
Apr 1993	1,556	7,401	18.05	—	$28,086
Mar 1993	1,550	8,368	18.14	—	$28,117
Feb 1993	1,524	7,445	17.90	—	$27,280
Jan 1993	2,379	7,164	16.93	—	$40,276

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.

Oct 2006 — as filed, then multipliedworked

Oil                  552 bbl  × $ 54.90 =    $30,305
Casinghead gas     2,605 Mcf  × $  6.01 =    $15,666

────────────────────────────────────────────────────
Month total                                  $45,971

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/O/12297 is the state's own key, not one this site invented.