CLAY, H. R. -E-

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 18993District 08Field 42971332Hydrogen sulphide fieldNGPA filingOilCasinghead gasSaveExport
Value, all time
$9.3 M
Jan 1993 – May 2012
Value, last 12 filed months
$268 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
NGPA13none

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
OilDisposition266,945 bbl$9,336,794
Casinghead gasProduction2,359 Mcf$2,898
Total$9,339,692

1,161 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 (24)

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 32.0993, -101.3159. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.7 miles.

32.09905, -101.31550 · 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%
24 of 24 wells
With a plug date
45.8%
11 of 24 wells
Median depth
3,100 ft
23 wells filed one
Completion to plug
35.0 years
median over 7 wells

What the state filed about each well

On the RRC proration schedule
24100.0%
A plug date is filed
1145.8%
BothOn the schedule and plugged. Neither fact cancels the other.
1145.8%
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, 23 of 24 wells. Median 3,100 ft, with the middle half between 3,100 and 3,145 ft; the shallowest is 2,999 ft and the deepest 4,067 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, 16 of 24 wells, Aug 1965 – Mar 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
Aug 1965 – Mar 2014
16 of 24 wells; 8 filed none
Plug dates filed
Sep 1992 – Jun 2020
11 of 24 wells; 13 filed none

Last completion to plug: a median of 35.0 years across the 7 wells that filed both dates, with the middle half between 30.3 years and 39.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

24 wells

42-2270046012Yes
42-22702160272,999 ftYes
42-22710095213,200 ftJun 2019Yes
42-22710096223,100 ftOct 1992Yes
42-22710097233,100 ftSep 1992Yes
42-22710099333,050 ftNov 2015Yes
42-22710100343,070 ftYes
42-22710318353,080 ftYes
42-22730997533,150 ftMar 2014Apr 2017Yes
42-22710101323,100 ftMay 2008Yes
42-22732701643,100 ftNov 1993Yes
42-22731571553,200 ftAug 1993Jul 2019Yes
42-22732700633,089 ftMay 1982Jun 2020Yes
42-22732699623,100 ftMay 1982Yes
42-22732618613,112 ftApr 1982Yes
42-22732619603,110 ftApr 1982Yes
42-22732621593,140 ftApr 1982Yes
42-22732646583,140 ftApr 1982Yes
42-22732620573,100 ftApr 1982Apr 2017Yes
42-22732477564,067 ftAug 1981Apr 2016Yes
42-22731570543,200 ftFeb 1978Jul 2019Yes
42-22730959523,150 ftMar 1976Yes
42-22710094363,100 ftMar 1972Yes
42-22710314403,100 ftAug 1965Apr 2016Yes

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 2011719095.723.31$68,823
Oct 2011691084.983.65$58,721
Sep 2011522083.623.99$43,650
Aug 2011598083.404.15$49,873
Jul 2011503094.144.52$47,352
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 2011502085.644.18$42,991
Jan 2011741086.504.59$64,097
Dec 2010713085.734.35$61,125
Nov 2010812080.843.80$65,642
Oct 2010986078.103.51$77,007
Sep 20101,116072.633.98$81,055
Aug 20101,111073.684.42$81,858
Jul 20101,101072.554.74$79,878
Jun 2010956070.364.91$67,264
May 2010934071.124.24$66,426
Apr 2010888081.694.12$72,541
Mar 20101,106078.394.39$86,699
Feb 2010889073.585.44$65,413
Jan 2010736074.365.96$54,729
Dec 2009990071.445.48$70,726
Nov 2009895074.593.75$66,758
Oct 2009901072.544.11$65,359
Sep 2009728065.543.06$47,713
Aug 20091,010067.423.22$68,094
Jul 20091,165061.133.46$71,216
Jun 20091,181066.163.90$78,135
May 20091,255054.743.93$68,699
Apr 20091,085046.773.59$50,745
Mar 20091,224042.144.06$51,579
Feb 20091,337032.814.63$43,867
Jan 20091,340035.865.37$48,052
Dec 20081,200037.105.98$44,520
Nov 20081,219055.496.86$67,642
Oct 20081,207075.246.92$90,815
Sep 20081,1780101.767.88$119,873
Aug 20081,1860114.228.48$135,465
Jul 20081,2330131.0811.39$161,622
Jun 20081,2370131.3313.03$162,455
May 20081,2740123.1711.57$156,919
Apr 20081,1020110.3110.45$121,562
Mar 20089040101.909.66$92,118
Feb 2008906092.538.77$83,832
Jan 20081,376090.388.21$124,363
Dec 20071,313088.337.30$115,977
Nov 20071,235091.677.29$113,212
Oct 20071,160082.856.92$96,106
Sep 20071,101075.846.24$83,500
Aug 20071,192069.066.39$82,320
Jul 20071,365070.906.39$96,779
Jun 20071,117062.007.55$69,254
May 20071,140058.747.85$66,964
Apr 2007691059.617.81$41,191
Mar 2007837056.927.30$47,642
Feb 2007821055.108.22$45,237
Jan 20071,038050.306.73$52,211
Dec 20061,125056.656.92$63,731
Nov 2006938054.207.62$50,840
Oct 20061,050054.906.01$57,645
Sep 20061,179060.085.04$70,834
Aug 20061,212068.717.34$83,277
Jul 20061,135069.376.34$78,735
Jun 2006816066.286.38$54,084
May 2006826066.016.42$54,524
Apr 2006730064.397.36$47,005
Mar 2006802056.707.08$45,473
Feb 2006810057.597.75$46,648
Jan 2006909060.598.93$55,076
Dec 2005712054.9413.42$39,117
Nov 2005820054.6910.59$44,846
Oct 2005785058.3413.80$45,797
Sep 2005629061.4512.08$38,652
Aug 20051,088061.519.80$66,923
Jul 2005965055.697.84$53,741
Jun 20051,037052.337.38$54,266
May 2005910045.226.65$41,150
Apr 20051,050049.207.36$51,660
Mar 20051,051050.377.15$52,939
Feb 20051,064045.226.31$48,114
Jan 2005805043.166.32$34,744
Dec 2004509039.866.75$20,289
Nov 2004883045.286.33$39,982
Oct 2004895049.706.52$44,482
Sep 2004968043.245.28$41,856
Aug 20041,004042.375.55$42,539
Jul 2004960038.286.08$36,749
Jun 20041,006036.106.43$36,317
May 20041,035037.486.49$38,792
Apr 20041,044034.475.86$35,987
Mar 20041,157034.365.53$39,755
Feb 20041,038032.455.51$33,683
Jan 20041,149032.036.30$36,802
Dec 20031,143030.266.30$34,587
Nov 20031,052028.804.60$30,298
Oct 20031,037028.174.76$29,212
Sep 2003938026.314.75$24,679
Aug 2003937029.765.13$27,885
Jul 2003944029.415.17$27,763
Jun 2003742028.565.98$21,192
May 2003801026.595.97$21,299
Apr 2003829026.675.41$22,109
Mar 2003823031.146.10$25,628
Feb 2003794033.487.93$26,583
Jan 2003832030.315.58$25,218
Dec 2002715026.914.85$19,241
Nov 2002724024.664.14$17,854
Oct 2002600026.464.23$15,876
Sep 2002537027.443.64$14,735
Aug 2002605025.963.16$15,706
Jul 2002593024.583.06$14,576
Jun 2002790023.733.34$18,747
May 2002833024.663.58$20,542
Apr 20021,381023.653.51$32,661
Mar 20021,158022.003.10$25,476
Feb 2002773018.222.38$14,084
Jan 2002770017.172.38$13,221
Dec 20011,370016.932.36$23,194
Nov 20011,420018.072.41$25,659
Oct 20011,190019.782.53$23,538
Sep 20011,293024.262.25$31,368
Aug 20011,860024.873.05$46,258
Jul 2001751023.933.20$17,971
Jun 2001679024.563.82$16,676
May 2001906025.524.31$23,121
Apr 2001620024.685.34$15,302
Mar 2001583024.545.38$14,307
Feb 2001758027.755.77$21,035
Jan 2001928027.478.40$25,492
Dec 2000934026.889.12$25,106
Nov 20001,004032.215.66$32,339
Oct 2000925031.235.15$28,888
Sep 20001,303031.875.19$41,527
Aug 2000863029.644.54$25,579
Jul 2000926028.534.09$26,419
Jun 2000986029.304.40$28,890
May 2000955027.263.68$26,033
Apr 2000949024.513.12$23,260
Mar 20001,000028.422.86$28,420
Feb 2000964027.622.73$26,626
Jan 2000935225.272.48$23,632
Dec 19991,373624.282.42$33,351
Nov 19991,4072923.192.43$32,699
Oct 19999841420.982.80$20,684
Sep 19991,0012721.752.62$21,842
Aug 19991,1512819.262.88$22,249
Jul 19999732417.892.37$17,464
Jun 19991,1752415.942.36$18,786
May 1999971015.792.32$15,332
Apr 19991,128815.102.21$17,050
Mar 19991,0031612.471.84$12,537
Feb 1999937199.981.82$9,386
Jan 19991,2541610.381.90$13,047
Dec 19981,27309.201.77$11,712
Nov 19981,416010.892.19$15,420
Oct 19981,4544912.421.97$18,155
Sep 19981,4234912.592.08$18,018
Aug 19981,5254811.301.91$17,324
Jul 19981,4864611.742.24$17,549
Jun 19981,3204511.242.24$14,937
May 19981,5864712.622.21$20,119
Apr 19981,3954413.042.51$18,301
Mar 19981,5614512.802.31$20,085
Feb 19981,2554013.952.30$17,599
Jan 19981,3514414.702.15$19,955
Dec 19971,3184016.322.41$21,606
Nov 19971,4174418.193.09$25,911
Oct 19971,6064519.253.15$31,057
Sep 19971,5474517.742.95$27,577
Aug 19971,6084617.862.55$28,836
Jul 19971,5555117.582.25$27,451
Jun 19971,5204917.242.26$26,315
May 19971,6222918.972.31$30,836
Apr 19971,5125317.882.08$27,145
Mar 19971,6882818.951.94$32,042
Feb 19971,3942620.492.21$28,620
Jan 19971,7387223.483.54$41,063
Dec 19961,8302823.32$42,676
Nov 19961,8903621.97$41,523
Oct 19961,90113423.31$44,312
Sep 19961,74813222.22$38,841
Aug 19961,77014620.26$35,860
Jul 19961,76913019.55$34,584
Jun 19961,78613518.73$33,452
May 19961,9027819.43$36,956
Apr 19961,5864121.51$34,115
Mar 19961,6086519.38$31,163
Feb 19961,508616.98$25,606
Jan 19961,833017.07$31,289
Dec 19951,5357517.19$26,387
Nov 19951,4035616.00$22,448
Oct 19951,5326615.43$23,639
Sep 19951,508116.18$24,399
Aug 19951,585115.92$25,233
Jul 19951,644115.24$25,055
Jun 19951,599116.41$26,240
May 19951,882117.56$33,048
Apr 19951,505117.73$26,684
Mar 19951,307116.44$21,487
Feb 19951,007116.58$16,696
Jan 19951,191115.92$18,961
Dec 1994882115.03$13,256
Nov 1994891115.90$14,167
Oct 19941,367115.58$21,298
Sep 19941,340115.29$20,489
Aug 19941,559116.13$25,147
Jul 19941,600117.56$28,096
Jun 19941,632117.09$27,891
May 19941,327115.88$21,073
Apr 19941,201114.14$16,982
Mar 19941,896112.46$23,624
Feb 19941,588112.50$19,850
Jan 19941,833112.66$23,206
Dec 19931,995112.33$24,598
Nov 19932,431114.49$35,225
Oct 19932,331115.85$36,946
Sep 19932,608115.03$39,198
Aug 19932,913115.66$45,618
Jul 19932,977115.46$46,024
Jun 19932,127116.79$35,712
May 19932,174117.68$38,436
Apr 19932,171118.05$39,187
Mar 19932,031118.14$36,842
Feb 19931,938117.90$34,690
Jan 19932,061116.93$34,893

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                  719 bbl  × $ 95.72 =    $68,823
Casinghead gas         0 Mcf  × $  3.31 =         $0

────────────────────────────────────────────────────
Month total                                  $68,823

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/18993 is the state's own key, not one this site invented.