SETTLES, W. R. -A-

Name: SETTLES, W. R. -A- lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by CONOCOPHILLIPS COMPANY (P-5 172232) 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 18995District 08Field 42971332Hydrogen sulphide fieldOilCasinghead gasSave Export

Value, all time

$1.4 M

Jan 1993 – Mar 2012

Value, last 12 filed months

$30 k

at the published price for each month

Months reported

231

no gaps in the span

Streams

oil, casinghead gas

The HOWARD-GLASSCOCK (GLORIETA) field

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.”

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.

Stream	Basis	Volume	Value
Oil	Disposition	46,811 bbl	$1,372,408
Casinghead gas	Production	621 Mcf	$3,334
Total			$1,375,742

29 Mcf of this lease's gas, across 29 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 (7)

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 32.0982, -101.3712. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.2 miles.

32.09754, -101.37358 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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%

7 of 7 wells

With a plug date

57.1%

4 of 7 wells

Median depth

3,029 ft

5 wells filed one

Completion to plug

19.5 years

median over 1 well

What the state filed about each well

On the RRC proration schedule

7100.0%

A plug date is filed

457.1%

BothOn the schedule and plugged. Neither fact cancels the other.

457.1%

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 2,959 and 3,180 ft, median 3,029 ft, over the 5 wells that filed a depth.

Completions filed

Oct 1979 – Apr 2017

2 of 7 wells; 5 filed none

Plug dates filed

Jul 1993 – Apr 1999

4 of 7 wells; 3 filed none

Last completion to plug: a median of 19.5 years across the 1 well that filed both dates, with the middle half between 19.5 years and 19.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

7 wells


42-22700387	2S	—	—	—	Yes
42-22702226	2	3,029 ft	—	Jan 1996	Yes
42-22702228	5	2,959 ft	—	Jul 1993	Yes
42-22704255	4	2,982 ft	—	Jan 1996	Yes
42-22781371	2WS	—	—	—	Yes
42-22700677	46	3,180 ft	Apr 2017	—	Yes
42-22700612	21	3,085 ft	Oct 1979	Apr 1999	Yes

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 (231)

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

231 months


Mar 2012	0	0	105.05	2.22	$0
Feb 2012	0	0	101.10	2.57	$0
Jan 2012	0	0	98.09	2.73	$0
Dec 2011	0	0	96.87	3.24	$0
Nov 2011	43	3	95.72	3.31	$4,126
Oct 2011	60	8	84.98	3.65	$5,128
Sep 2011	53	4	83.62	3.99	$4,448
Aug 2011	43	1	83.40	4.15	$3,590
Jul 2011	0	8	94.14	4.52	$36
Jun 2011	46	17	92.90	4.64	$4,352
May 2011	26	6	98.13	4.40	$2,578
Apr 2011	57	3	105.96	4.33	$6,053
Mar 2011	88	4	96.36	4.06	$8,496
Feb 2011	61	3	85.64	4.18	$5,237
Jan 2011	77	2	86.50	4.59	$6,670
Dec 2010	73	1	85.73	4.35	$6,263
Nov 2010	2	0	80.84	3.80	$162
Oct 2010	80	0	78.10	3.51	$6,248
Sep 2010	79	0	72.63	3.98	$5,738
Aug 2010	84	7	73.68	4.42	$6,220
Jul 2010	74	4	72.55	4.74	$5,388
Jun 2010	74	4	70.36	4.91	$5,226
May 2010	84	1	71.12	4.24	$5,978
Apr 2010	79	0	81.69	4.12	$6,454
Mar 2010	80	0	78.39	4.39	$6,271
Feb 2010	70	0	73.58	5.44	$5,151
Jan 2010	73	0	74.36	5.96	$5,428
Dec 2009	108	1	71.44	5.48	$7,721
Nov 2009	67	0	74.59	3.75	$4,998
Oct 2009	102	4	72.54	4.11	$7,416
Sep 2009	114	3	65.54	3.06	$7,481
Aug 2009	117	3	67.42	3.22	$7,898
Jul 2009	115	1	61.13	3.46	$7,033
Jun 2009	115	1	66.16	3.90	$7,612
May 2009	117	1	54.74	3.93	$6,409
Apr 2009	113	2	46.77	3.59	$5,292
Mar 2009	120	7	42.14	4.06	$5,085
Feb 2009	113	6	32.81	4.63	$3,735
Jan 2009	120	1	35.86	5.37	$4,309
Dec 2008	114	2	37.10	5.98	$4,241
Nov 2008	103	0	55.49	6.86	$5,715
Oct 2008	104	1	75.24	6.92	$7,832
Sep 2008	109	1	101.76	7.88	$11,100
Aug 2008	117	3	114.22	8.48	$13,389
Jul 2008	115	5	131.08	11.39	$15,131
Jun 2008	121	1	131.33	13.03	$15,904
May 2008	128	1	123.17	11.57	$15,777
Apr 2008	132	5	110.31	10.45	$14,613
Mar 2008	125	5	101.90	9.66	$12,786
Feb 2008	110	8	92.53	8.77	$10,248
Jan 2008	128	11	90.38	8.21	$11,659
Dec 2007	125	8	88.33	7.30	$11,100
Nov 2007	118	7	91.67	7.29	$10,868
Oct 2007	123	9	82.85	6.92	$10,253
Sep 2007	119	4	75.84	6.24	$9,050
Aug 2007	114	6	69.06	6.39	$7,911
Jul 2007	133	13	70.90	6.39	$9,513
Jun 2007	126	11	62.00	7.55	$7,895
May 2007	128	12	58.74	7.85	$7,613
Apr 2007	116	8	59.61	7.81	$6,977
Mar 2007	123	13	56.92	7.30	$7,096
Feb 2007	116	10	55.10	8.22	$6,474
Jan 2007	143	7	50.30	6.73	$7,240
Dec 2006	154	13	56.65	6.92	$8,814
Nov 2006	155	9	54.20	7.62	$8,470
Oct 2006	151	9	54.90	6.01	$8,344
Sep 2006	148	10	60.08	5.04	$8,942
Aug 2006	42	2	68.71	7.34	$2,901
Jul 2006	68	6	69.37	6.34	$4,755
Jun 2006	130	12	66.28	6.38	$8,693
May 2006	152	8	66.01	6.42	$10,085
Apr 2006	148	8	64.39	7.36	$9,589
Mar 2006	87	5	56.70	7.08	$4,968
Feb 2006	53	2	57.59	7.75	$3,068
Jan 2006	0	0	60.59	8.93	$0
Dec 2005	6	0	54.94	13.42	$330
Nov 2005	145	5	54.69	10.59	$7,983
Oct 2005	143	6	58.34	13.80	$8,425
Sep 2005	136	0	61.45	12.08	$8,357
Aug 2005	132	0	61.51	9.80	$8,119
Jul 2005	133	0	55.69	7.84	$7,407
Jun 2005	135	0	52.33	7.38	$7,065
May 2005	137	0	45.22	6.65	$6,195
Apr 2005	139	1	49.20	7.36	$6,846
Mar 2005	144	0	50.37	7.15	$7,253
Feb 2005	126	0	45.22	6.31	$5,698
Jan 2005	124	0	43.16	6.32	$5,352
Dec 2004	88	0	39.86	6.75	$3,508
Nov 2004	82	0	45.28	6.33	$3,713
Oct 2004	139	2	49.70	6.52	$6,921
Sep 2004	173	4	43.24	5.28	$7,502
Aug 2004	173	0	42.37	5.55	$7,330
Jul 2004	201	4	38.28	6.08	$7,719
Jun 2004	203	1	36.10	6.43	$7,335
May 2004	183	1	37.48	6.49	$6,865
Apr 2004	179	0	34.47	5.86	$6,170
Mar 2004	197	0	34.36	5.53	$6,769
Feb 2004	160	3	32.45	5.51	$5,209
Jan 2004	190	3	32.03	6.30	$6,105
Dec 2003	193	4	30.26	6.30	$5,865
Nov 2003	193	4	28.80	4.60	$5,577
Oct 2003	181	5	28.17	4.76	$5,123
Sep 2003	154	4	26.31	4.75	$4,071
Aug 2003	187	4	29.76	5.13	$5,586
Jul 2003	196	3	29.41	5.17	$5,780
Jun 2003	185	4	28.56	5.98	$5,308
May 2003	199	3	26.59	5.97	$5,309
Apr 2003	204	4	26.67	5.41	$5,462
Mar 2003	203	2	31.14	6.10	$6,334
Feb 2003	200	1	33.48	7.93	$6,704
Jan 2003	208	1	30.31	5.58	$6,310
Dec 2002	204	2	26.91	4.85	$5,499
Nov 2002	205	0	24.66	4.14	$5,055
Oct 2002	214	2	26.46	4.23	$5,671
Sep 2002	243	8	27.44	3.64	$6,697
Aug 2002	174	6	25.96	3.16	$4,536
Jul 2002	233	3	24.58	3.06	$5,736
Jun 2002	264	6	23.73	3.34	$6,285
May 2002	243	5	24.66	3.58	$6,010
Apr 2002	167	3	23.65	3.51	$3,960
Mar 2002	157	4	22.00	3.10	$3,466
Feb 2002	154	7	18.22	2.38	$2,823
Jan 2002	169	7	17.17	2.38	$2,918
Dec 2001	165	5	16.93	2.36	$2,805
Nov 2001	162	3	18.07	2.41	$2,935
Oct 2001	178	8	19.78	2.53	$3,541
Sep 2001	179	7	24.26	2.25	$4,358
Aug 2001	209	6	24.87	3.05	$5,216
Jul 2001	258	8	23.93	3.20	$6,200
Jun 2001	109	4	24.56	3.82	$2,692
May 2001	214	2	25.52	4.31	$5,470
Apr 2001	217	1	24.68	5.34	$5,361
Mar 2001	235	6	24.54	5.38	$5,799
Feb 2001	204	5	27.75	5.77	$5,690
Jan 2001	201	13	27.47	8.40	$5,631
Dec 2000	171	5	26.88	9.12	$4,642
Nov 2000	183	7	32.21	5.66	$5,934
Oct 2000	164	4	31.23	5.15	$5,142
Sep 2000	330	1	31.87	5.19	$10,522
Aug 2000	339	1	29.64	4.54	$10,053
Jul 2000	199	1	28.53	4.09	$5,682
Jun 2000	271	1	29.30	4.40	$7,945
May 2000	280	1	27.26	3.68	$7,636
Apr 2000	270	1	24.51	3.12	$6,621
Mar 2000	310	1	28.42	2.86	$8,813
Feb 2000	291	1	27.62	2.73	$8,040
Jan 2000	310	1	25.27	2.48	$7,836
Dec 1999	310	1	24.28	2.42	$7,529
Nov 1999	270	1	23.19	2.43	$6,264
Oct 1999	249	1	20.98	2.80	$5,227
Sep 1999	299	1	21.75	2.62	$6,506
Aug 1999	309	1	19.26	2.88	$5,954
Jul 1999	248	1	17.89	2.37	$4,439
Jun 1999	240	1	15.94	2.36	$3,828
May 1999	243	1	15.79	2.32	$3,839
Apr 1999	240	1	15.10	2.21	$3,626
Mar 1999	278	1	12.47	1.84	$3,469
Feb 1999	225	1	9.98	1.82	$2,247
Jan 1999	248	1	10.38	1.90	$2,576
Dec 1998	239	1	9.20	1.77	$2,201
Nov 1998	232	1	10.89	2.19	$2,529
Oct 1998	240	1	12.42	1.97	$2,983
Sep 1998	238	1	12.59	2.08	$2,999
Aug 1998	246	1	11.30	1.91	$2,782
Jul 1998	247	1	11.74	2.24	$2,902
Jun 1998	239	1	11.24	2.24	$2,689
May 1998	249	1	12.62	2.21	$3,145
Apr 1998	270	1	13.04	2.51	$3,523
Mar 1998	279	1	12.80	2.31	$3,574
Feb 1998	223	1	13.95	2.30	$3,113
Jan 1998	281	1	14.70	2.15	$4,133
Dec 1997	278	1	16.32	2.41	$4,539
Nov 1997	212	1	18.19	3.09	$3,859
Oct 1997	278	1	19.25	3.15	$5,355
Sep 1997	239	1	17.74	2.95	$4,243
Aug 1997	249	1	17.86	2.55	$4,450
Jul 1997	279	1	17.58	2.25	$4,907
Jun 1997	254	1	17.24	2.26	$4,381
May 1997	339	1	18.97	2.31	$6,433
Apr 1997	348	1	17.88	2.08	$6,224
Mar 1997	335	1	18.95	1.94	$6,350
Feb 1997	297	1	20.49	2.21	$6,088
Jan 1997	287	1	23.48	3.54	$6,742
Dec 1996	306	1	23.32	—	$7,136
Nov 1996	337	1	21.97	—	$7,404
Oct 1996	333	1	23.31	—	$7,762
Sep 1996	301	1	22.22	—	$6,688
Aug 1996	341	1	20.26	—	$6,909
Jul 1996	309	1	19.55	—	$6,041
Jun 1996	301	1	18.73	—	$5,638
May 1996	306	1	19.43	—	$5,946
Apr 1996	330	1	21.51	—	$7,098
Mar 1996	375	1	19.38	—	$7,268
Feb 1996	372	1	16.98	—	$6,317
Jan 1996	311	1	17.07	—	$5,309
Dec 1995	374	1	17.19	—	$6,429
Nov 1995	419	1	16.00	—	$6,704
Oct 1995	372	1	15.43	—	$5,740
Sep 1995	453	1	16.18	—	$7,330
Aug 1995	930	1	15.92	—	$14,806
Jul 1995	861	1	15.24	—	$13,122
Jun 1995	569	1	16.41	—	$9,337
May 1995	923	1	17.56	—	$16,208
Apr 1995	899	1	17.73	—	$15,939
Mar 1995	949	1	16.44	—	$15,602
Feb 1995	865	1	16.58	—	$14,342
Jan 1995	892	1	15.92	—	$14,201
Dec 1994	947	1	15.03	—	$14,233
Nov 1994	878	1	15.90	—	$13,960
Oct 1994	921	1	15.58	—	$14,349
Sep 1994	897	1	15.29	—	$13,715
Aug 1994	651	1	16.13	—	$10,501
Jul 1994	0	0	17.56	—	$0
Jun 1994	0	0	17.09	—	$0
May 1994	0	0	15.88	—	$0
Apr 1994	0	0	14.14	—	$0
Mar 1994	0	0	12.46	—	$0
Feb 1994	0	0	12.50	—	$0
Jan 1994	0	0	12.66	—	$0
Dec 1993	0	0	12.33	—	$0
Nov 1993	0	0	14.49	—	$0
Oct 1993	0	0	15.85	—	$0
Sep 1993	0	0	15.03	—	$0
Aug 1993	0	0	15.66	—	$0
Jul 1993	0	0	15.46	—	$0
Jun 1993	0	0	16.79	—	$0
May 1993	0	0	17.68	—	$0
Apr 1993	0	0	18.05	—	$0
Mar 1993	0	0	18.14	—	$0
Feb 1993	0	0	17.90	—	$0
Jan 1993	0	0	16.93	—	$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.

Nov 2011 — as filed, then multipliedworked

Oil                   43 bbl  × $ 95.72 =     $4,116
Casinghead gas         3 Mcf  × $  3.31 =        $10

────────────────────────────────────────────────────
Month total                                   $4,126

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/18995 is the state's own key, not one this site invented.