ARGO -B-

Operated by BURLESON PETROLEUM, INC. (P-5 109255) in the GOLDSMITH, N. (SAN ANDRES, CON.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 18603District 08Field 35654664Hydrogen sulphide fieldNGPA filingOilCasinghead gasSaveExport
Value, all time
$1.2 M
Jan 1993 – Sep 2010
Value, last 12 filed months
$111 k
at the published price for each month
Months reported
213
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 278 leases and 717 wells, and the rule below applies to all of them.

Discovered
1964-06-01
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 10 acres. The field rule took effect on 2011-05-09.

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: PER DOCKET 08-0269423 SPACING,DENSITY, AND ALLOCATION AMENDED.

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
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
OilDisposition23,642 bbl$1,114,910
Casinghead gasProduction15,426 Mcf$68,555
Total$1,183,465

5,465 Mcf of this lease's gas, across 40 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 (2)

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 32.2239, -102.7782. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

32.22388, -102.77823 · 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%
2 of 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
4,735 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
2100.0%
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 4,735 ft.

Completions filed
Nov 2006
1 of 2 wells; 1 filed none

2 wells

42-003076391Yes
42-0033988324,735 ftNov 2006Yes

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 (213)

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

213 months

Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 201039035271.124.24$29,228
Apr 201016836281.694.12$15,216
Mar 201016916878.394.39$13,985
Feb 2010017473.585.44$947
Jan 201017412574.365.96$13,684
Dec 20091729371.445.48$12,798
Nov 200917412574.593.75$13,448
Oct 200915510372.544.11$11,667
Sep 200908165.543.06$248
Aug 200917211167.423.22$11,953
Jul 200917610461.133.46$11,119
Jun 200917612666.163.90$12,135
May 200917510854.743.93$10,003
Apr 200917013546.773.59$8,435
Mar 20091659642.144.06$7,343
Feb 20091857532.814.63$6,417
Jan 200917412735.865.37$6,922
Dec 200817213937.105.98$7,212
Nov 200817511155.496.86$10,472
Oct 2008335075.246.92$25,205
Sep 20080115101.767.88$906
Aug 200816592114.228.48$19,627
Jul 20083640131.0811.39$47,713
Jun 2008162122131.3313.03$22,865
May 2008170242123.1711.57$23,740
Apr 2008174236110.3110.45$21,661
Mar 2008175262101.909.66$20,364
Feb 200836224092.538.77$35,601
Jan 200817526790.388.21$18,007
Dec 200717787188.337.30$21,994
Nov 200718648391.677.29$20,573
Oct 200735338882.856.92$31,932
Sep 200735131675.846.24$28,593
Aug 200717541769.066.39$14,749
Jul 200734952170.906.39$28,072
Jun 200734846962.007.55$25,116
May 200752446158.747.85$34,397
Apr 200735147959.617.81$24,662
Mar 200752055956.927.30$33,680
Feb 200717549155.108.22$13,677
Jan 200752721550.306.73$27,954
Dec 2006530056.656.92$30,025
Nov 2006531054.207.62$28,780
Oct 20061,074054.906.01$58,963
Sep 2006322060.085.04$19,346
Aug 200613068.717.34$893
Jul 2006163069.376.34$11,307
Jun 20060066.286.38$0
May 20062066.016.42$132
Apr 20060064.397.36$0
Mar 2006164056.707.08$9,299
Feb 20060057.597.75$0
Jan 2006170060.598.93$10,300
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 2005182058.3413.80$10,618
Sep 20050061.4512.08$0
Aug 2005171061.519.80$10,518
Jul 20050055.697.84$0
Jun 2005174052.337.38$9,105
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 2005168045.226.31$7,597
Jan 20050043.166.32$0
Dec 2004176039.866.75$7,015
Nov 20044045.286.33$181
Oct 20040049.706.52$0
Sep 2004164043.245.28$7,091
Aug 20040042.375.55$0
Jul 2004173038.286.08$6,622
Jun 20040036.106.43$0
May 2004168037.486.49$6,297
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 2004165032.455.51$5,354
Jan 20040032.036.30$0
Dec 2003164030.266.30$4,963
Nov 20030028.804.60$0
Oct 2003166028.174.76$4,676
Sep 20030026.314.75$0
Aug 2003164029.765.13$4,881
Jul 2003163029.415.17$4,794
Jun 20030028.565.98$0
May 2003164026.595.97$4,361
Apr 20030026.675.41$0
Mar 2003164031.146.10$5,107
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 2002183027.443.64$5,022
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 2002185023.733.34$4,390
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 2002182022.003.10$4,004
Feb 20020018.222.38$0
Jan 2002187017.172.38$3,211
Dec 20010016.932.36$0
Nov 2001194018.072.41$3,506
Oct 2001189019.782.53$3,738
Sep 20010024.262.25$0
Aug 2001190024.873.05$4,725
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 2001181025.524.31$4,619
Apr 20010024.685.34$0
Mar 2001368024.545.38$9,031
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 2000188032.215.66$6,055
Oct 2000185031.235.15$5,778
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 2000182029.304.40$5,333
May 20000027.263.68$0
Apr 2000180024.513.12$4,412
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 1999183024.282.42$4,443
Nov 19990023.192.43$0
Oct 1999172020.982.80$3,609
Sep 1999170021.752.62$3,698
Aug 19990019.262.88$0
Jul 1999195017.892.37$3,489
Jun 1999195015.942.36$3,108
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 1998193010.892.19$2,102
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 1998182011.742.24$2,137
Jun 19980011.242.24$0
May 1998190012.622.21$2,398
Apr 19980013.042.51$0
Mar 19980012.802.31$0
Feb 1998193013.952.30$2,692
Jan 19980014.702.15$0
Dec 19970016.322.41$0
Nov 1997191018.193.09$3,474
Oct 19970019.253.15$0
Sep 1997190017.742.95$3,371
Aug 19970017.862.55$0
Jul 1997192017.582.25$3,375
Jun 19970017.242.26$0
May 1997190018.972.31$3,604
Apr 19970017.882.08$0
Mar 19970018.951.94$0
Feb 19970020.492.21$0
Jan 1997231023.483.54$5,424
Dec 19960023.32$0
Nov 19960021.97$0
Oct 19960023.31$0
Sep 1996254022.22$5,644
Aug 19960020.26$0
Jul 1996262019.55$5,122
Jun 19960118.73$0
May 19960119.43$0
Apr 19960021.51$0
Mar 1996013019.38$0
Feb 199618120116.98$3,073
Jan 199626526117.07$4,524
Dec 1995010617.19$0
Nov 19952519816.00$400
Oct 1995023015.43$0
Sep 199526317316.18$4,255
Aug 1995018815.92$0
Jul 1995121115.24$15
Jun 199519912716.41$3,266
May 19950017.56$0
Apr 1995018517.73$0
Mar 199526216016.44$4,307
Feb 1995013116.58$0
Jan 19959216315.92$1,465
Dec 1994013815.03$0
Nov 1994015215.90$0
Oct 199425517215.58$3,973
Sep 1994015015.29$0
Aug 1994015216.13$0
Jul 199425510817.56$4,478
Jun 1994011717.09$0
May 199409815.88$0
Apr 199425513414.14$3,606
Mar 1994013712.46$0
Feb 1994012212.50$0
Jan 1994011712.66$0
Dec 19932728412.33$3,354
Nov 199307614.49$0
Oct 199309915.85$0
Sep 199325311315.03$3,803
Aug 1993011015.66$0
Jul 199325810715.46$3,989
Jun 1993012716.79$0
May 1993013517.68$0
Apr 1993014718.05$0
Mar 199327015418.14$4,898
Feb 1993011817.90$0
Jan 1993013216.93$0

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 2010 — as filed, then multipliedworked
Oil                  390 bbl  × $ 71.12 =    $27,737
Casinghead gas       352 Mcf  × $  4.24 =     $1,491

────────────────────────────────────────────────────
Month total                                  $29,228

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/18603 is the state's own key, not one this site invented.