MM EDWARDS BLACK

Operated by LINN OPERATING, INC. (P-5 501545) in the HOWARD GLASSCOCK field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 12989District 08Field 42971001Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$807 k
Jan 1993 – Nov 2012
Value, last 12 filed months
$0
at the published price for each month
Months reported
239
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 285 leases and 3,948 wells, and the rule below applies to all of them.

Discovered
1925-12-31
as the register files it
Field class
Oil
the register's own label
Between wells
400 ft
minimum
From a lease line
200 ft
minimum

A drilling unit in this field needs at least 5 acres. The field rule took effect on 2008-07-28.

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: HOWARD GLASSCOCK (CONSOLIDATED), EFFECTIVE 11/22/11.

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
OilDisposition19,894 bbl$807,414
Casinghead gasProduction21 Mcf$0
Total$807,414

21 Mcf of this lease's gas, across 21 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 (4)

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 32.1867, -101.2340. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

32.18644, -101.23306 · 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%
4 of 4 wells
With a plug date
50.0%
2 of 4 wells
Median depth
1,482 ft
4 wells filed one
Completion to plug
8.2 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
4100.0%
A plug date is filed
250.0%
BothOn the schedule and plugged. Neither fact cancels the other.
250.0%
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

Between 1,322 and 3,810 ft, median 1,482 ft, over the 4 wells that filed a depth.

Completions filed
Feb 1959 – Jun 1992
3 of 4 wells; 1 filed none
Plug dates filed
Aug 2000 – Jun 2002
2 of 4 wells; 2 filed none

Last completion to plug: a median of 8.2 years across the 1 well that filed both dates, with the middle half between 8.2 years and 8.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

4 wells

42-2270298621,501 ftJun 2002Yes
42-2270298841,322 ftJun 1992Aug 2000Yes
42-2273365453,810 ftMar 1985Yes
42-2270298731,463 ftFeb 1959Yes

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 (239)

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

239 months

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 201190095.723.31$8,615
Oct 201180084.983.65$6,798
Sep 20116083.623.99$502
Aug 201181083.404.15$6,755
Jul 201182094.144.52$7,719
Jun 201169092.904.64$6,410
May 201189098.134.40$8,734
Apr 20111050105.964.33$11,126
Mar 2011182096.364.06$17,538
Feb 201146085.644.18$3,939
Jan 201169086.504.59$5,969
Dec 201082085.734.35$7,030
Nov 201078080.843.80$6,306
Oct 201088078.103.51$6,873
Sep 201063072.633.98$4,576
Aug 201073073.684.42$5,379
Jul 201069072.554.74$5,006
Jun 201046070.364.91$3,237
May 201084071.124.24$5,974
Apr 201066081.694.12$5,392
Mar 201078078.394.39$6,114
Feb 201064073.585.44$4,709
Jan 201074074.365.96$5,503
Dec 200979071.445.48$5,644
Nov 200982074.593.75$6,116
Oct 200982072.544.11$5,948
Sep 200982065.543.06$5,374
Aug 200980067.423.22$5,394
Jul 200970061.133.46$4,279
Jun 200969066.163.90$4,565
May 200984054.743.93$4,598
Apr 200994046.773.59$4,396
Mar 200989042.144.06$3,750
Feb 200996032.814.63$3,150
Jan 200995035.865.37$3,407
Dec 200897037.105.98$3,599
Nov 200881055.496.86$4,495
Oct 200878075.246.92$5,869
Sep 2008770101.767.88$7,836
Aug 2008970114.228.48$11,079
Jul 20081050131.0811.39$13,763
Jun 20081030131.3313.03$13,527
May 20081140123.1711.57$14,041
Apr 20081120110.3110.45$12,355
Mar 20081120101.909.66$11,413
Feb 200898092.538.77$9,068
Jan 200872090.388.21$6,507
Dec 200797088.337.30$8,568
Nov 2007105091.677.29$9,625
Oct 200793082.856.92$7,705
Sep 2007102075.846.24$7,736
Aug 2007119069.066.39$8,218
Jul 2007101070.906.39$7,161
Jun 200786062.007.55$5,332
May 200779058.747.85$4,640
Apr 200776059.617.81$4,530
Mar 200766056.927.30$3,757
Feb 200796055.108.22$5,290
Jan 2007104050.306.73$5,231
Dec 200685056.656.92$4,815
Nov 200691054.207.62$4,932
Oct 200694054.906.01$5,161
Sep 200690060.085.04$5,407
Aug 200698068.717.34$6,734
Jul 2006107069.376.34$7,423
Jun 2006105066.286.38$6,959
May 2006107066.016.42$7,063
Apr 200697064.397.36$6,246
Mar 2006126056.707.08$7,144
Feb 200681057.597.75$4,665
Jan 200664060.598.93$3,878
Dec 2005106054.9413.42$5,824
Nov 2005110054.6910.59$6,016
Oct 2005120058.3413.80$7,001
Sep 2005123061.4512.08$7,558
Aug 2005132061.519.80$8,119
Jul 2005120055.697.84$6,683
Jun 2005113052.337.38$5,913
May 2005130045.226.65$5,879
Apr 2005112049.207.36$5,510
Mar 2005121050.377.15$6,095
Feb 200596045.226.31$4,341
Jan 200598043.166.32$4,230
Dec 2004115039.866.75$4,584
Nov 2004107045.286.33$4,845
Oct 2004117049.706.52$5,815
Sep 200491043.245.28$3,935
Aug 2004103042.375.55$4,364
Jul 2004117038.286.08$4,479
Jun 2004103036.106.43$3,718
May 2004111037.486.49$4,160
Apr 2004102034.475.86$3,516
Mar 2004108034.365.53$3,711
Feb 2004100032.455.51$3,245
Jan 2004104032.036.30$3,331
Dec 2003112030.266.30$3,389
Nov 2003103028.804.60$2,966
Oct 2003112028.174.76$3,155
Sep 2003135026.314.75$3,552
Aug 2003135029.765.13$4,018
Jul 2003177029.415.17$5,206
Jun 2003170028.565.98$4,855
May 2003173026.595.97$4,600
Apr 2003176026.675.41$4,694
Mar 2003188031.146.10$5,854
Feb 2003102033.487.93$3,415
Jan 2003101030.315.58$3,061
Dec 2002106026.914.85$2,852
Nov 2002100024.664.14$2,466
Oct 200295026.464.23$2,514
Sep 200226027.443.64$713
Aug 200226025.963.16$675
Jul 200226024.583.06$639
Jun 200225023.733.34$593
May 200226024.663.58$641
Apr 200226023.653.51$615
Mar 200229022.003.10$638
Feb 200226018.222.38$474
Jan 200235017.172.38$601
Dec 200135016.932.36$593
Nov 200125018.072.41$452
Oct 200125019.782.53$495
Sep 200133024.262.25$801
Aug 200137024.873.05$920
Jul 200129023.933.20$694
Jun 200136024.563.82$884
May 200144025.524.31$1,123
Apr 200129024.685.34$716
Mar 200127024.545.38$663
Feb 200130027.755.77$833
Jan 200129027.478.40$797
Dec 200022026.889.12$591
Nov 200029032.215.66$934
Oct 200025031.235.15$781
Sep 200025031.875.19$797
Aug 200029029.644.54$860
Jul 200026028.534.09$742
Jun 200027029.304.40$791
May 200032027.263.68$872
Apr 200027024.513.12$662
Mar 200033028.422.86$938
Feb 200035027.622.73$967
Jan 200028025.272.48$708
Dec 199934024.282.42$826
Nov 199935023.192.43$812
Oct 199961020.982.80$1,280
Sep 199934021.752.62$740
Aug 199938019.262.88$732
Jul 199948017.892.37$859
Jun 199964015.942.36$1,020
May 199912015.792.32$189
Apr 19995015.102.21$76
Mar 199922012.471.84$274
Feb 19991809.981.82$180
Jan 199914010.381.90$145
Dec 19981309.201.77$120
Nov 199813010.892.19$142
Oct 199855012.421.97$683
Sep 199852012.592.08$655
Aug 199859011.301.91$667
Jul 199867011.742.24$787
Jun 199863011.242.24$708
May 199845012.622.21$568
Apr 199854013.042.51$704
Mar 199851012.802.31$653
Feb 199846013.952.30$642
Jan 199856014.702.15$823
Dec 199737016.322.41$604
Nov 199740018.193.09$728
Oct 199733019.253.15$635
Sep 199740017.742.95$710
Aug 1997100017.862.55$1,786
Jul 1997108017.582.25$1,899
Jun 199777017.242.26$1,327
May 1997152018.972.31$2,883
Apr 199746017.882.08$822
Mar 199786018.951.94$1,630
Feb 199745020.492.21$922
Jan 199790023.483.54$2,113
Dec 199689023.32$2,075
Nov 199691021.97$1,999
Oct 199690023.31$2,098
Sep 1996111022.22$2,466
Aug 1996135020.26$2,735
Jul 199658019.55$1,134
Jun 19960018.73$0
May 199635019.43$680
Apr 199647021.51$1,011
Mar 199663019.38$1,221
Feb 199682016.98$1,392
Jan 199692017.07$1,570
Dec 1995166017.19$2,854
Nov 19950016.00$0
Oct 19950015.43$0
Sep 1995108016.18$1,747
Aug 1995181015.92$2,882
Jul 19950015.24$0
Jun 199577016.41$1,264
May 1995139017.56$2,441
Apr 199584017.73$1,489
Mar 199541016.44$674
Feb 1995157016.58$2,603
Jan 1995155015.92$2,468
Dec 1994134015.03$2,014
Nov 1994147015.90$2,337
Oct 1994182015.58$2,836
Sep 1994161115.29$2,462
Aug 19940116.13$0
Jul 1994180117.56$3,161
Jun 1994257117.09$4,392
May 1994183115.88$2,906
Apr 1994162114.14$2,291
Mar 1994184112.46$2,293
Feb 1994142112.50$1,775
Jan 1994236112.66$2,988
Dec 199370112.33$863
Nov 1993145114.49$2,101
Oct 1993103115.85$1,633
Sep 1993227115.03$3,412
Aug 1993214115.66$3,351
Jul 1993209115.46$3,231
Jun 1993192116.79$3,224
May 1993253117.68$4,473
Apr 1993263118.05$4,747
Mar 1993270118.14$4,898
Feb 1993210117.90$3,759
Jan 1993169116.93$2,861

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.

Nov 2011 — as filed, then multipliedworked
Oil                   90 bbl  × $ 95.72 =     $8,615
Casinghead gas         0 Mcf  × $  3.31 =         $0

────────────────────────────────────────────────────
Month total                                   $8,615

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/12989 is the state's own key, not one this site invented.