PRICE-SCOTT

Operated by MARATHON OIL COMPANY (P-5 525380) 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 19048District 08Field 42971332Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$533 k
Jan 1993 – Mar 1998
Value, last 12 filed months
$46 k
at the published price for each month
Months reported
63
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
OilDisposition31,643 bbl$532,951
Casinghead gasProduction21 Mcf$0
Total$532,951

21 Mcf of this lease's gas, across 21 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 (8)

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 32.1633, -101.2352. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

32.16324, -101.23528 · 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%
8 of 8 wells
With a plug date
37.5%
3 of 8 wells
Median depth
3,100 ft
7 wells filed one
Completion to plug
36.2 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
8100.0%
A plug date is filed
337.5%
BothOn the schedule and plugged. Neither fact cancels the other.
337.5%
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, 7 of 8 wells. Median 3,100 ft, with the middle half between 3,050 and 3,204 ft; the shallowest is 2,867 ft and the deepest 3,657 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, 6 of 8 wells, Jul 1970 – Sep 2011. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Jul 1970 – Sep 2011
6 of 8 wells; 2 filed none
Plug dates filed
Dec 1996 – Jun 2025
3 of 8 wells; 5 filed none

Last completion to plug: a median of 36.2 years across the 2 wells that filed both dates, with the middle half between 30.9 years and 41.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

8 wells

42-227001783Yes
42-2270199212,867 ftDec 1996Yes
42-2270199723,657 ftSep 2011Yes
42-22731544103,230 ftDec 2007Yes
42-22731655123,100 ftDec 1978Sep 2004Yes
42-22731656113,100 ftDec 1978Jun 2025Yes
42-2273087393,000 ftDec 1975Yes
42-2273016653,177 ftJul 1970Yes

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 (63)

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

63 months

Mar 19980012.802.31$0
Feb 19980013.952.30$0
Jan 19980014.702.15$0
Dec 1997297016.322.41$4,847
Nov 1997246018.193.09$4,475
Oct 1997344019.253.15$6,622
Sep 1997346017.742.95$6,138
Aug 1997433017.862.55$7,733
Jul 1997218017.582.25$3,832
Jun 1997319017.242.26$5,500
May 1997172018.972.31$3,263
Apr 1997186017.882.08$3,326
Mar 1997207018.951.94$3,923
Feb 1997139020.492.21$2,848
Jan 1997380023.483.54$8,922
Dec 1996526023.32$12,266
Nov 1996347021.97$7,624
Oct 1996394023.31$9,184
Sep 1996389022.22$8,644
Aug 1996390020.26$7,901
Jul 1996344019.55$6,725
Jun 1996328018.73$6,143
May 1996512019.43$9,948
Apr 1996344021.51$7,399
Mar 1996453019.38$8,779
Feb 1996452016.98$7,675
Jan 1996682017.07$11,642
Dec 1995454017.19$7,804
Nov 1995683016.00$10,928
Oct 1995452015.43$6,974
Sep 1995452016.18$7,313
Aug 1995622015.92$9,902
Jul 1995673015.24$10,257
Jun 1995452016.41$7,417
May 1995446017.56$7,832
Apr 1995683017.73$12,110
Mar 1995664016.44$10,916
Feb 1995228016.58$3,780
Jan 1995679015.92$10,810
Dec 1994680015.03$10,220
Nov 1994445015.90$7,076
Oct 1994668015.58$10,407
Sep 1994429115.29$6,559
Aug 1994678116.13$10,936
Jul 1994451117.56$7,920
Jun 1994674117.09$11,519
May 1994684115.88$10,862
Apr 1994451114.14$6,377
Mar 1994894112.46$11,139
Feb 1994447112.50$5,588
Jan 1994676112.66$8,558
Dec 1993895112.33$11,035
Nov 1993682114.49$9,882
Oct 1993664115.85$10,524
Sep 1993889115.03$13,362
Aug 1993667115.66$10,445
Jul 1993871115.46$13,466
Jun 1993865116.79$14,523
May 19931,340117.68$23,691
Apr 19931,640118.05$29,602
Mar 1993181118.14$3,283
Feb 1993432117.90$7,733
Jan 1993404116.93$6,840

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.

Dec 1997 — as filed, then multipliedworked
Oil                  297 bbl  × $ 16.32 =     $4,847
Casinghead gas         0 Mcf  × $  2.41 =         $0

────────────────────────────────────────────────────
Month total                                   $4,847

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/19048 is the state's own key, not one this site invented.