CLAY, H. R. -A-

Operated by QUANTUM RESOURCES MANAGEMENT,LLC (P-5 684554) in the HOWARD-GLASSCOCK (GLORIETA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 18992District 08Field 42971332Hydrogen sulphide fieldNGPA filingOilCasinghead gasSaveExport
Value, all time
$4.8 M
Jan 1993 – May 2012
Value, last 12 filed months
$125 k
at the published price for each month
Months reported
233
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 131 leases and 850 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
660 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 10 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: 11/22/11.

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
NGPA6none

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
OilDisposition143,450 bbl$4,808,263
Casinghead gasProduction5,326 Mcf$1,705
Total$4,809,968

4,614 Mcf of this lease's gas, across 47 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 (15)

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 32.1006, -101.3001. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.6 miles.

32.10065, -101.30013 · 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%
15 of 15 wells
With a plug date
46.7%
7 of 15 wells
Median depth
3,250 ft
13 wells filed one
Completion to plug
28.0 years
median over 7 wells

What the state filed about each well

On the RRC proration schedule
15100.0%
A plug date is filed
746.7%
BothOn the schedule and plugged. Neither fact cancels the other.
746.7%
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

Total depth in feet, 13 of 15 wells. Median 3,250 ft, with the middle half between 3,250 and 3,270 ft; the shallowest is 1,950 ft and the deepest 3,292 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, 13 of 15 wells, Nov 1967 – Feb 2014. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Nov 1967 – Feb 2014
13 of 15 wells; 2 filed none
Plug dates filed
Oct 1992 – Apr 2021
7 of 15 wells; 8 filed none

Last completion to plug: a median of 28.0 years across the 7 wells that filed both dates, with the middle half between 25.8 years and 41.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

15 wells

42-2270046415 LYes
42-2271009231 LYes
42-22731005533,250 ftFeb 2014Yes
42-22731007503,258 ftMar 2000Yes
42-22710087263,292 ftDec 1993Jul 2019Yes
42-22731147583,250 ftMay 1977Jun 2019Yes
42-22731054573,280 ftOct 1976Feb 2018Yes
42-22731055563,280 ftOct 1976Apr 2021Yes
42-22731056553,270 ftSep 1976Yes
42-22731021543,000 ftAug 1976Aug 2004Yes
42-22731022513,250 ftJul 1976Yes
42-22731006523,250 ftJun 1976Yes
42-22730960493,250 ftMar 1976Apr 2002Yes
42-22702528133,245 ftFeb 1972Oct 1992Yes
42-2270252461,950 ftNov 1967Yes

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 (233)

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

233 months

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 2011307095.723.31$29,386
Oct 2011298084.983.65$25,324
Sep 2011263083.623.99$21,992
Aug 2011308083.404.15$25,687
Jul 2011244094.144.52$22,970
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 2011251085.644.18$21,496
Jan 2011369086.504.59$31,919
Dec 2010357085.734.35$30,606
Nov 2010389080.843.80$31,447
Oct 2010490078.103.51$38,269
Sep 2010499072.633.98$36,242
Aug 2010449073.684.42$33,082
Jul 2010463072.554.74$33,591
Jun 2010367070.364.91$25,822
May 2010368071.124.24$26,172
Apr 2010372081.694.12$30,389
Mar 2010457078.394.39$35,824
Feb 2010321073.585.44$23,619
Jan 2010320074.365.96$23,795
Dec 2009331071.445.48$23,647
Nov 2009380074.593.75$28,344
Oct 2009417072.544.11$30,249
Sep 2009343065.543.06$22,480
Aug 2009445067.423.22$30,002
Jul 2009474061.133.46$28,976
Jun 2009412066.163.90$27,258
May 2009454054.743.93$24,852
Apr 2009401046.773.59$18,755
Mar 2009424042.144.06$17,867
Feb 2009452032.814.63$14,830
Jan 2009446035.865.37$15,994
Dec 2008503037.105.98$18,661
Nov 2008506055.496.86$28,078
Oct 2008470075.246.92$35,363
Sep 20084940101.767.88$50,269
Aug 20085380114.228.48$61,450
Jul 20085990131.0811.39$78,517
Jun 20085640131.3313.03$74,070
May 20085470123.1711.57$67,374
Apr 20085160110.3110.45$56,920
Mar 20084020101.909.66$40,964
Feb 2008360092.538.77$33,311
Jan 2008624090.388.21$56,397
Dec 2007668088.337.30$59,004
Nov 2007751091.677.29$68,844
Oct 2007651082.856.92$53,935
Sep 2007562075.846.24$42,622
Aug 2007663069.066.39$45,787
Jul 2007707070.906.39$50,126
Jun 2007595062.007.55$36,890
May 2007550058.747.85$32,307
Apr 2007461059.617.81$27,480
Mar 2007461056.927.30$26,240
Feb 2007424055.108.22$23,362
Jan 2007613050.306.73$30,834
Dec 2006743056.656.92$42,091
Nov 2006651054.207.62$35,284
Oct 2006627054.906.01$34,422
Sep 2006596060.085.04$35,808
Aug 2006616068.717.34$42,325
Jul 2006661069.376.34$45,854
Jun 2006525066.286.38$34,797
May 2006592066.016.42$39,078
Apr 2006589064.397.36$37,926
Mar 2006524056.707.08$29,711
Feb 2006528057.597.75$30,408
Jan 2006586060.598.93$35,506
Dec 2005442054.9413.42$24,283
Nov 2005502054.6910.59$27,454
Oct 2005413058.3413.80$24,094
Sep 2005357061.4512.08$21,938
Aug 2005453061.519.80$27,864
Jul 2005528055.697.84$29,404
Jun 2005494052.337.38$25,851
May 2005501045.226.65$22,655
Apr 2005547049.207.36$26,912
Mar 2005466050.377.15$23,472
Feb 2005499045.226.31$22,565
Jan 2005357043.166.32$15,408
Dec 2004211039.866.75$8,410
Nov 2004438045.286.33$19,833
Oct 2004465049.706.52$23,111
Sep 2004390043.245.28$16,864
Aug 2004464042.375.55$19,660
Jul 2004447038.286.08$17,111
Jun 2004535036.106.43$19,314
May 2004598037.486.49$22,413
Apr 2004498034.475.86$17,166
Mar 2004488034.365.53$16,768
Feb 2004490032.455.51$15,901
Jan 2004571032.036.30$18,289
Dec 2003609030.266.30$18,428
Nov 2003573028.804.60$16,502
Oct 2003572028.174.76$16,113
Sep 2003439026.314.75$11,550
Aug 2003535029.765.13$15,922
Jul 2003590029.415.17$17,352
Jun 2003518028.565.98$14,794
May 2003652026.595.97$17,337
Apr 2003613026.675.41$16,349
Mar 2003609031.146.10$18,964
Feb 2003529033.487.93$17,711
Jan 2003579030.315.58$17,549
Dec 2002485026.914.85$13,051
Nov 2002493024.664.14$12,157
Oct 2002524026.464.23$13,865
Sep 2002518027.443.64$14,214
Aug 2002498025.963.16$12,928
Jul 2002567024.583.06$13,937
Jun 2002486023.733.34$11,533
May 2002491024.663.58$12,108
Apr 2002645023.653.51$15,254
Mar 2002658022.003.10$14,476
Feb 2002489018.222.38$8,910
Jan 2002621017.172.38$10,663
Dec 2001518016.932.36$8,770
Nov 2001492018.072.41$8,890
Oct 2001638019.782.53$12,620
Sep 2001640024.262.25$15,526
Aug 2001726024.873.05$18,056
Jul 2001782023.933.20$18,713
Jun 2001677024.563.82$16,627
May 2001769025.524.31$19,625
Apr 2001709024.685.34$17,498
Mar 2001663024.545.38$16,270
Feb 2001506027.755.77$14,042
Jan 2001646027.478.40$17,746
Dec 2000643026.889.12$17,284
Nov 2000729032.215.66$23,481
Oct 2000585031.235.15$18,270
Sep 2000566031.875.19$18,038
Aug 2000599029.644.54$17,754
Jul 2000465028.534.09$13,266
Jun 2000492029.304.40$14,416
May 2000577027.263.68$15,729
Apr 2000374024.513.12$9,167
Mar 2000535028.422.86$15,205
Feb 2000468027.622.73$12,926
Jan 2000511125.272.48$12,915
Dec 1999486224.282.42$11,805
Nov 19995871223.192.43$13,642
Oct 1999318420.982.80$6,683
Sep 19994141121.752.62$9,033
Aug 19994841219.262.88$9,356
Jul 19994121017.892.37$7,394
Jun 19995991215.942.36$9,576
May 1999584015.792.32$9,221
Apr 1999674515.102.21$10,188
Mar 19996551112.471.84$8,188
Feb 1999669149.981.82$6,702
Jan 1999715910.381.90$7,439
Dec 199870709.201.77$6,504
Nov 1998808010.892.19$8,799
Oct 19988112712.421.97$10,126
Sep 19988102812.592.08$10,256
Aug 19988872811.301.91$10,077
Jul 19989402911.742.24$11,100
Jun 19988512911.242.24$9,630
May 19989552812.622.21$12,114
Apr 19989302913.042.51$12,200
Mar 19981,0813112.802.31$13,908
Feb 19989843113.952.30$13,798
Jan 19988912914.702.15$13,160
Dec 19979242816.322.41$15,147
Nov 19979482918.193.09$17,334
Oct 19979872819.253.15$19,088
Sep 19979392817.742.95$16,741
Aug 19979322717.862.55$16,715
Jul 19978972917.582.25$15,834
Jun 19979613117.242.26$16,638
May 19979811818.972.31$18,651
Apr 19979933517.882.08$17,828
Mar 19971,0411718.951.94$19,760
Feb 19979181720.492.21$18,847
Jan 19977833323.483.54$18,502
Dec 19969971523.32$23,250
Nov 19969511821.97$20,893
Oct 19969506723.31$22,145
Sep 19961,0177722.22$22,598
Aug 19969497820.26$19,227
Jul 19969967319.55$19,472
Jun 19969947518.73$18,618
May 19961,0264219.43$19,935
Apr 19969782521.51$21,037
Mar 19961,0984419.38$21,279
Feb 1996977416.98$16,589
Jan 19961,097017.07$18,726
Dec 19951,1045417.19$18,978
Nov 19951,0634316.00$17,008
Oct 19951,1494915.43$17,729
Sep 19951,0548516.18$17,054
Aug 19959368515.92$14,901
Jul 19958178515.24$12,451
Jun 19957008516.41$11,487
May 19959238517.56$16,208
Apr 19959458517.73$16,755
Mar 19951,1148516.44$18,314
Feb 19958708516.58$14,425
Jan 19957119315.92$11,319
Dec 199445812415.03$6,884
Nov 199447412015.90$7,537
Oct 19944749315.58$7,385
Sep 19945329615.29$8,134
Aug 199467612416.13$10,904
Jul 199472312417.56$12,696
Jun 199473410817.09$12,544
May 199481013115.88$12,863
Apr 199474715014.14$10,563
Mar 199472215512.46$8,996
Feb 199471513612.50$8,938
Jan 199472015012.66$9,115
Dec 199368715312.33$8,471
Nov 199374215014.49$10,752
Oct 1993805115.85$12,759
Sep 199392215015.03$13,858
Aug 19931,02515515.66$16,052
Jul 19931,36115515.46$21,041
Jun 19931,21115016.79$20,333
May 19931,26115517.68$22,294
Apr 19931,08114718.05$19,512
Mar 19931,13315518.14$20,553
Feb 19931,17314017.90$20,997
Jan 19931,19715516.93$20,265

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                  307 bbl  × $ 95.72 =    $29,386
Casinghead gas         0 Mcf  × $  3.31 =         $0

────────────────────────────────────────────────────
Month total                                  $29,386

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/18992 is the state's own key, not one this site invented.