TEXAS UNIVERSITY -Q-

Operated by CONOCOPHILLIPS COMPANY (P-5 172232) in the FULLERTON (8500) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 1797District 08Field 33230900Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$1.5 M
Jan 1993 – May 2011
Value, last 12 filed months
$0
at the published price for each month
Months reported
221
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 27 leases and 116 wells, and the rule below applies to all of them.

Discovered
1944-12-31
as the register files it
Field class
Oil
the register's own label
Between wells
1,100 ft
minimum
From a lease line
550 ft
minimum

A drilling unit in this field needs at least 40 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: SEE FIELD RULES FOR CASING REQUIREMENTS.

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
OilDisposition84,495 bbl$1,445,626
Casinghead gasProduction74,579 Mcf$77,632
Total$1,523,258

48,549 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 (3)

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 32.3256, -102.7745. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

32.32621, -102.77463 · 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%
3 of 3 wells
With a plug date
66.7%
2 of 3 wells
Median depth
9,100 ft
3 wells filed one
Completion to plug
4.7 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
3100.0%
A plug date is filed
266.7%
BothOn the schedule and plugged. Neither fact cancels the other.
266.7%
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 8,800 and 11,249 ft, median 9,100 ft, over the 3 wells that filed a depth.

Completions filed
Oct 1990 – Aug 2010
2 of 3 wells; 1 filed none
Plug dates filed
Jun 1995
2 of 3 wells; 1 filed none

Last completion to plug: a median of 4.7 years across the 1 well that filed both dates, with the middle half between 4.7 years and 4.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

3 wells

42-0033710979,100 ftJun 1995Yes
42-00336686611,249 ftAug 2010Yes
42-003045582 L8,800 ftOct 1990Jun 1995Yes

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 (221)

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

221 months

May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 200116024.262.25$388
Aug 200114415024.873.05$4,039
Jul 200130330723.933.20$8,232
Jun 200148342524.563.82$13,488
May 200125133925.524.31$7,866
Apr 200125833324.685.34$8,144
Mar 200130534224.545.38$9,323
Feb 200127351527.755.77$10,546
Jan 200126342627.478.40$10,802
Dec 200028940626.889.12$11,472
Nov 200031157332.215.66$13,259
Oct 200027034431.235.15$10,202
Sep 200024233531.875.19$9,450
Aug 200031345829.644.54$11,357
Jul 200025644428.534.09$9,120
Jun 200013114629.304.40$4,480
May 2000115027.263.68$3,135
Apr 2000124024.513.12$3,039
Mar 200020617528.422.86$6,355
Feb 200026750427.622.73$8,749
Jan 200030356725.272.48$9,063
Dec 199932535624.282.42$8,754
Nov 199930546723.192.43$8,210
Oct 199931049120.982.80$7,880
Sep 199931645221.752.62$8,057
Aug 199926340219.262.88$6,221
Jul 19998214617.892.37$1,813
Jun 199910810115.942.36$1,960
May 199933748115.792.32$6,438
Apr 199931647215.102.21$5,814
Mar 199932448712.471.84$4,936
Feb 19993264979.981.82$4,157
Jan 199936458610.381.90$4,892
Dec 19983264689.201.77$3,829
Nov 199839284010.892.19$6,105
Oct 199841655612.421.97$6,262
Sep 19986401,01712.592.08$10,176
Aug 19986881,04811.301.91$9,773
Jul 19987321,07211.742.24$10,992
Jun 19987101,11811.242.24$10,482
May 19987461,14412.622.21$11,939
Apr 19988221,22413.042.51$13,785
Mar 199858687912.802.31$9,531
Feb 199833920413.952.30$5,198
Jan 199836131014.702.15$5,975
Dec 199735144116.322.41$6,792
Nov 199736647318.193.09$8,118
Oct 199738752219.253.15$9,094
Sep 199737251217.742.95$8,112
Aug 199745533017.862.55$8,969
Jul 199745924917.582.25$8,629
Jun 199755927817.242.26$10,265
May 199752127518.972.31$10,518
Apr 199734925117.882.08$6,763
Mar 199734925018.951.94$7,098
Feb 199738342620.492.21$8,787
Jan 199737641623.483.54$10,301
Dec 199643841023.32$10,214
Nov 199643741521.97$9,601
Oct 199646937923.31$10,932
Sep 199663056522.22$13,999
Aug 199677264220.26$15,641
Jul 199683161319.55$16,246
Jun 199674865018.73$14,010
May 199673062719.43$14,184
Apr 199683866921.51$18,025
Mar 19962,22760019.38$43,159
Feb 19962,75328916.98$46,746
Jan 19963,28838717.07$56,126
Dec 19951,92434117.19$33,074
Nov 19951,97453816.00$31,584
Oct 19951,15489215.43$17,806
Sep 199568564316.18$11,083
Aug 199567172615.92$10,682
Jul 199570769815.24$10,775
Jun 199568868516.41$11,290
May 19951,0015,68817.56$17,578
Apr 19951,07967017.73$19,131
Mar 19951,19276416.44$19,596
Feb 19951,08958116.58$18,056
Jan 19951,04273815.92$16,589
Dec 199490451815.03$13,587
Nov 199471037915.90$11,289
Oct 199487343915.58$13,601
Sep 19941,03546815.29$15,825
Aug 19941,17274416.13$18,904
Jul 19941,17092317.56$20,545
Jun 19941,2651,05117.09$21,619
May 19941,41690715.88$22,486
Apr 19941,2301,08814.14$17,392
Mar 19941,3151,11712.46$16,385
Feb 19941,4531,10112.50$18,163
Jan 19941,4931,17812.66$18,901
Dec 19931,1791,17312.33$14,537
Nov 19931,2801,43214.49$18,547
Oct 19931,3021,34615.85$20,637
Sep 19931,5742,59715.03$23,657
Aug 19932,0233,18115.66$31,680
Jul 19931,4821,43015.46$22,912
Jun 19932,0351,69216.79$34,168
May 19932,0272,06617.68$35,837
Apr 19932,0241,99518.05$36,533
Mar 19932,54244518.14$46,112
Feb 19932,66095917.90$47,614
Jan 19932,7801,11016.93$47,065

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.

Sep 2001 — as filed, then multipliedworked
Oil                   16 bbl  × $ 24.26 =       $388
Casinghead gas         0 Mcf  × $  2.25 =         $0

────────────────────────────────────────────────────
Month total                                     $388

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/1797 is the state's own key, not one this site invented.