CLAY, H. R. -B-

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 18999District 08Field 42971332Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$1.8 M
Jan 1993 – May 2012
Value, last 12 filed months
$47 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.

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
OilDisposition59,372 bbl$1,789,694
Casinghead gasProduction2,830 Mcf$811
Total$1,790,505

2,497 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 (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 32.0999, -101.3090. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

32.09960, -101.30904 · 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%
7 of 7 wells
With a plug date
28.6%
2 of 7 wells
Median depth
3,200 ft
7 wells filed one
Completion to plug
33.1 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
7100.0%
A plug date is filed
228.6%
BothOn the schedule and plugged. Neither fact cancels the other.
228.6%
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 1,960 and 3,260 ft, median 3,200 ft, over the 7 wells that filed a depth.

Completions filed
Sep 1978 – Sep 1991
7 of 7 wells
Plug dates filed
Apr 2016 – Jun 2019
2 of 7 wells; 5 filed none

Last completion to plug: a median of 33.1 years across the 2 wells that filed both dates, with the middle half between 30.8 years and 35.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

7 wells

42-227106758 L3,200 ftSep 1991Yes
42-22734595143,240 ftAug 1991Yes
42-2271078911L1,960 ftJul 1991Yes
42-2271075910L2,515 ftJun 1991Yes
42-2270259663,147 ftNov 1990Jun 2019Yes
42-2270259553,260 ftNov 1990Yes
42-2271053973,209 ftSep 1978Apr 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 201178095.723.31$7,466
Oct 2011132084.983.65$11,217
Sep 2011104083.623.99$8,696
Aug 2011129083.404.15$10,759
Jul 201194094.144.52$8,849
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 201188085.644.18$7,536
Jan 2011157086.504.59$13,581
Dec 2010141085.734.35$12,088
Nov 2010130080.843.80$10,509
Oct 2010176078.103.51$13,746
Sep 2010140072.633.98$10,168
Aug 2010170073.684.42$12,526
Jul 2010147072.554.74$10,665
Jun 2010156070.364.91$10,976
May 2010154071.124.24$10,952
Apr 2010194081.694.12$15,848
Mar 2010130078.394.39$10,191
Feb 2010140073.585.44$10,301
Jan 2010184074.365.96$13,682
Dec 2009184071.445.48$13,145
Nov 2009152074.593.75$11,338
Oct 2009170072.544.11$12,332
Sep 2009124065.543.06$8,127
Aug 2009175067.423.22$11,799
Jul 2009184061.133.46$11,248
Jun 2009226066.163.90$14,952
May 2009240054.743.93$13,138
Apr 2009196046.773.59$9,167
Mar 2009202042.144.06$8,512
Feb 2009236032.814.63$7,743
Jan 2009243035.865.37$8,714
Dec 2008197037.105.98$7,309
Nov 2008171055.496.86$9,489
Oct 2008137075.246.92$10,308
Sep 20081990101.767.88$20,250
Aug 20081820114.228.48$20,788
Jul 20081890131.0811.39$24,774
Jun 20081790131.3313.03$23,508
May 20081810123.1711.57$22,294
Apr 20081580110.3110.45$17,429
Mar 20081260101.909.66$12,839
Feb 2008109092.538.77$10,086
Jan 2008165090.388.21$14,913
Dec 2007158088.337.30$13,956
Nov 2007168091.677.29$15,401
Oct 2007252082.856.92$20,878
Sep 2007248075.846.24$18,808
Aug 2007149069.066.39$10,290
Jul 2007149070.906.39$10,564
Jun 2007164062.007.55$10,168
May 2007169058.747.85$9,927
Apr 200760059.617.81$3,577
Mar 2007111056.927.30$6,318
Feb 2007105055.108.22$5,786
Jan 2007146050.306.73$7,344
Dec 2006157056.656.92$8,894
Nov 200692054.207.62$4,986
Oct 2006121054.906.01$6,643
Sep 2006126060.085.04$7,570
Aug 2006138068.717.34$9,482
Jul 2006223069.376.34$15,470
Jun 2006173066.286.38$11,466
May 2006223066.016.42$14,720
Apr 2006222064.397.36$14,295
Mar 2006204056.707.08$11,567
Feb 2006196057.597.75$11,288
Jan 2006194060.598.93$11,754
Dec 2005149054.9413.42$8,186
Nov 2005373054.6910.59$20,399
Oct 2005420058.3413.80$24,503
Sep 2005325061.4512.08$19,971
Aug 2005185061.519.80$11,379
Jul 2005153055.697.84$8,521
Jun 2005156052.337.38$8,163
May 2005155045.226.65$7,009
Apr 2005102049.207.36$5,018
Mar 200574050.377.15$3,727
Feb 200585045.226.31$3,844
Jan 2005128043.166.32$5,524
Dec 200483039.866.75$3,308
Nov 20040045.286.33$0
Oct 2004171049.706.52$8,499
Sep 2004143043.245.28$6,183
Aug 2004172042.375.55$7,288
Jul 2004157038.286.08$6,010
Jun 2004183036.106.43$6,606
May 2004191037.486.49$7,159
Apr 2004170034.475.86$5,860
Mar 2004164034.365.53$5,635
Feb 2004179032.455.51$5,809
Jan 2004182032.036.30$5,829
Dec 2003196030.266.30$5,931
Nov 2003176028.804.60$5,069
Oct 2003192028.174.76$5,409
Sep 2003180026.314.75$4,736
Aug 2003175029.765.13$5,208
Jul 2003138029.415.17$4,059
Jun 200352028.565.98$1,485
May 200359026.595.97$1,569
Apr 2003109026.675.41$2,907
Mar 2003128031.146.10$3,986
Feb 2003146033.487.93$4,888
Jan 2003179030.315.58$5,425
Dec 2002147026.914.85$3,956
Nov 2002181024.664.14$4,463
Oct 2002162026.464.23$4,287
Sep 2002162027.443.64$4,445
Aug 2002160025.963.16$4,154
Jul 2002145024.583.06$3,564
Jun 2002203023.733.34$4,817
May 2002103024.663.58$2,540
Apr 2002146023.653.51$3,453
Mar 2002172022.003.10$3,784
Feb 2002131018.222.38$2,387
Jan 2002167017.172.38$2,867
Dec 2001327016.932.36$5,536
Nov 2001386018.072.41$6,975
Oct 2001428019.782.53$8,466
Sep 2001378024.262.25$9,170
Aug 2001407024.873.05$10,122
Jul 2001332023.933.20$7,945
Jun 2001245024.563.82$6,017
May 2001189025.524.31$4,823
Apr 2001139024.685.34$3,431
Mar 200160024.545.38$1,472
Feb 2001144027.755.77$3,996
Jan 2001143027.478.40$3,928
Dec 2000190026.889.12$5,107
Nov 2000180032.215.66$5,798
Oct 2000100031.235.15$3,123
Sep 2000106031.875.19$3,378
Aug 2000109029.644.54$3,231
Jul 2000126028.534.09$3,595
Jun 2000123029.304.40$3,604
May 2000134027.263.68$3,653
Apr 2000118024.513.12$2,892
Mar 200035028.422.86$995
Feb 200095027.622.73$2,624
Jan 2000146025.272.48$3,689
Dec 1999179124.282.42$4,349
Nov 1999193423.192.43$4,485
Oct 1999130220.982.80$2,733
Sep 1999129321.752.62$2,814
Aug 1999254619.262.88$4,909
Jul 1999145417.892.37$2,604
Jun 1999115215.942.36$1,838
May 1999107015.792.32$1,690
Apr 199938015.102.21$574
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 1999413510.381.90$4,296
Dec 199837909.201.77$3,487
Nov 1998338010.892.19$3,681
Oct 19983871312.421.97$4,832
Sep 19984161412.592.08$5,267
Aug 19984461411.301.91$5,067
Jul 19984401411.742.24$5,197
Jun 19984451511.242.24$5,035
May 19984861412.622.21$6,164
Apr 19984851513.042.51$6,362
Mar 19984581312.802.31$5,892
Feb 19984531413.952.30$6,352
Jan 19984301414.702.15$6,351
Dec 19975881816.322.41$9,640
Nov 19974521418.193.09$8,265
Oct 19974861419.253.15$9,400
Sep 19974511317.742.95$8,039
Aug 19974981417.862.55$8,930
Jul 19974531517.582.25$7,997
Jun 19974321417.242.26$7,479
May 1997470818.972.31$8,934
Apr 19974051417.882.08$7,271
Mar 1997500818.951.94$9,491
Feb 19976131220.492.21$12,587
Jan 19975352223.483.54$12,640
Dec 1996314523.32$7,322
Nov 1996315621.97$6,921
Oct 19963192323.31$7,436
Sep 19962712122.22$6,022
Aug 19962692220.26$5,450
Jul 19962942219.55$5,748
Jun 19962742118.73$5,132
May 19962651119.43$5,149
Apr 1996269721.51$5,786
Mar 19963321319.38$6,434
Feb 1996338116.98$5,739
Jan 1996345017.07$5,889
Dec 19953181617.19$5,466
Nov 19953251316.00$5,200
Oct 19953471515.43$5,354
Sep 19953463116.18$5,598
Aug 19953753115.92$5,970
Jul 19953303115.24$5,029
Jun 19952803116.41$4,595
May 19954893117.56$8,587
Apr 19955103117.73$9,042
Mar 19955723116.44$9,404
Feb 19953653116.58$6,052
Jan 19951273115.92$2,022
Dec 1994809315.03$1,202
Nov 19943779015.90$5,994
Oct 1994496715.58$763
Sep 19946359015.29$9,709
Aug 19946829116.13$11,001
Jul 19946849317.56$12,011
Jun 19946318517.09$10,784
May 19947408915.88$11,751
Apr 19945499014.14$7,763
Mar 19946659312.46$8,286
Feb 19946698412.50$8,363
Jan 19944768712.66$6,026
Dec 19936288212.33$7,743
Nov 19937568914.49$10,954
Oct 1993788115.85$12,490
Sep 19937228615.03$10,852
Aug 19937949215.66$12,434
Jul 19938489215.46$13,110
Jun 19937108516.79$11,921
May 19938059117.68$14,232
Apr 19937378518.05$13,303
Mar 19937599218.14$13,768
Feb 19937548417.90$13,497
Jan 19938309116.93$14,052

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                   78 bbl  × $ 95.72 =     $7,466
Casinghead gas         0 Mcf  × $  3.31 =         $0

────────────────────────────────────────────────────
Month total                                   $7,466

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/18999 is the state's own key, not one this site invented.