TXL -B-

Operated by DRAKE OIL & GAS, LLC (P-5 227867) in the TXL (SAN ANDRES) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 18856District 08Field 88071580Hydrogen sulphide fieldNGPA filingOilCasinghead gasSaveExport
Value, all time
$619 k
Jan 1993 – Aug 2019
Value, last 12 filed months
$3 k
at the published price for each month
Months reported
320
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 97 leases and 262 wells, and the rule below applies to all of them.

Discovered
1952-04-07
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
550 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 1963-06-18.

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: THE GOLDSMITH, W. (SAN ANDRES) FIELD.

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
NGPA3none

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
OilDisposition15,259 bbl$618,196
Casinghead gasProduction7,128 Mcf$928
Total$619,124

6,742 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 31.8898, -102.7365. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.5 miles.

31.88977, -102.73647 · 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
0.0%
0 of 3 wells
Median depth
no depth filed
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
3100.0%
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.

3 wells

42-135204874Yes
42-135204886Yes
42-135209175Yes

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 (320)

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

320 months

Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 201952052.782.49$2,745
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 201852061.782.77$3,213
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 2017157043.873.09$6,888
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 2016168046.193.09$7,760
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 2016173033.011.79$5,711
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 2015168042.992.76$7,222
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 2015173049.822.71$8,619
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 2014176054.693.59$9,625
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 2014178089.394.04$15,911
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 2014118094.734.73$11,178
Apr 20140095.944.81$0
Mar 2014172095.895.06$16,493
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 2013173097.423.78$16,854
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 2013168094.834.15$15,931
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 2013167091.603.42$15,297
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 201244089.383.40$3,933
Sep 20120094.672.92$0
Aug 2012174092.662.91$16,123
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 20121390101.102.57$14,053
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 2011172084.983.65$14,617
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20111094.144.52$94
Jun 20111092.904.64$93
May 2011145098.134.40$14,229
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 2011159085.644.18$13,617
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 2010158072.633.98$11,476
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 2010150081.694.12$12,254
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 2010172074.365.96$12,790
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 2009163065.543.06$10,683
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 2009158054.743.93$8,649
Apr 20092046.773.59$94
Mar 20090042.144.06$0
Feb 20091032.814.63$33
Jan 20090035.865.37$0
Dec 2008161037.105.98$5,973
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 20081530101.767.88$15,569
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 20081740123.1711.57$21,432
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 2008186090.388.21$16,811
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 2007151069.066.39$10,428
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 2007171058.747.85$10,045
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 2007133055.108.22$7,328
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 2006170060.085.04$10,214
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 200674066.016.42$4,885
Apr 200693064.397.36$5,988
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 200691060.598.93$5,514
Dec 20050054.9413.42$0
Nov 2005138054.6910.59$7,547
Oct 20050058.3413.80$0
Sep 200573061.4512.08$4,486
Aug 2005153061.519.80$9,411
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 2005110050.377.15$5,541
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 2004153045.286.33$6,928
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 2004134038.286.08$5,130
Jun 20040036.106.43$0
May 2004137037.486.49$5,135
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 2004156032.455.51$5,062
Jan 20040032.036.30$0
Dec 2003123030.266.30$3,722
Nov 20030028.804.60$0
Oct 2003211028.174.76$5,944
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 2003250031.146.10$7,785
Feb 20030033.487.93$0
Jan 2003258030.315.58$7,820
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 2002185026.464.23$4,895
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 2002210024.583.06$5,162
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 2002148023.653.51$3,500
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 2002172017.172.38$2,953
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 2001169019.782.53$3,343
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 2001167024.563.82$4,102
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 2001166024.545.38$4,074
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 2000224026.889.12$6,021
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 2000207029.644.54$6,135
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 2000208024.513.12$5,098
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 2000173025.272.48$4,372
Dec 1999252024.282.42$6,119
Nov 1999250023.192.43$5,798
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
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 1998019.201.77$2
Nov 1998211110.892.19$2,300
Oct 19980112.421.97$2
Sep 19980112.592.08$2
Aug 19980111.301.91$2
Jul 19980111.742.24$2
Jun 1998198111.242.24$2,228
May 19980112.622.21$2
Apr 19980113.042.51$3
Mar 1998163112.802.31$2,089
Feb 19980113.952.30$2
Jan 1998162114.702.15$2,384
Dec 19970116.322.41$2
Nov 1997227118.193.09$4,132
Oct 19970119.253.15$3
Sep 19970117.742.95$3
Aug 1997104117.862.55$1,860
Jul 19970117.582.25$2
Jun 1997107117.242.26$1,847
May 1997122118.972.31$2,317
Apr 19971494317.882.08$2,754
Mar 1997013318.951.94$258
Feb 199722110420.492.21$4,758
Jan 199708623.483.54$304
Dec 1996574323.32$1,329
Nov 199616613821.97$3,647
Oct 199611914723.31$2,774
Sep 1996010922.22$0
Aug 19963911720.26$790
Jul 199612014519.55$2,346
Jun 19969813018.73$1,836
May 199612219619.43$2,370
Apr 199605421.51$0
Mar 19961264019.38$2,442
Feb 199602716.98$0
Jan 199603417.07$0
Dec 199511511217.19$1,977
Nov 19959412616.00$1,504
Oct 199512016115.43$1,852
Sep 1995014116.18$0
Aug 19958310015.92$1,321
Jul 1995010215.24$0
Jun 1995746116.41$1,214
May 1995011517.56$0
Apr 199510011417.73$1,773
Mar 1995425116.44$690
Feb 1995958316.58$1,575
Jan 19959215515.92$1,465
Dec 199411715915.03$1,759
Nov 199417717115.90$2,814
Oct 1994017215.58$0
Sep 19945713115.29$872
Aug 19946414316.13$1,032
Jul 19949015517.56$1,580
Jun 199410522017.09$1,794
May 19946212815.88$985
Apr 199415116914.14$2,135
Mar 19943720712.46$461
Feb 19941717212.50$213
Jan 19949918612.66$1,253
Dec 199315717812.33$1,936
Nov 199316619114.49$2,405
Oct 1993020215.85$0
Sep 199314222315.03$2,134
Aug 199317920515.66$2,803
Jul 1993021615.46$0
Jun 199317721716.79$2,972
May 1993020917.68$0
Apr 199310818018.05$1,949
Mar 199313816518.14$2,503
Feb 1993014117.90$0
Jan 199317210116.93$2,912

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 2019 — as filed, then multipliedworked
Oil                   52 bbl  × $ 52.78 =     $2,745
Casinghead gas         0 Mcf  × $  2.49 =         $0

────────────────────────────────────────────────────
Month total                                   $2,745

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/18856 is the state's own key, not one this site invented.