FT. WORTH NATL. BANK

Name: FT. WORTH NATL. BANK lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by 5H OIL CO., LLC (P-5 953786) in the HOWARD GLASSCOCK field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 19350District 08Field 42971001Hydrogen sulphide fieldOilCasinghead gasSave Export

Value, all time

$544 k

Jan 1993 – May 2012

Value, last 12 filed months

$29 k

at the published price for each month

Months reported

233

no gaps in the span

Streams

oil, casinghead gas

The HOWARD GLASSCOCK 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 285 leases and 3,948 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

400 ft

minimum

From a lease line

200 ft

minimum

A drilling unit in this field needs at least 5 acres. The field rule took effect on 2008-07-28.

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: “HOWARD GLASSCOCK (CONSOLIDATED), EFFECTIVE 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	17,178 bbl	$544,374
Casinghead gas	Production	31 Mcf	$0
Total			$544,374

31 Mcf of this lease's gas, across 31 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 (5)

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 32.0843, -101.3321. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles. 1 well has no surveyed location and is left out of it.

32.08397, -101.33143 · centre of 4 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%

5 of 5 wells

With a plug date

20.0%

1 of 5 wells

Median depth

2,028 ft

5 wells filed one

Completion to plug

14.0 years

median over 1 well

What the state filed about each well

On the RRC proration schedule

5100.0%

A plug date is filed

120.0%

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

120.0%

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 1,950 and 2,030 ft, median 2,028 ft, over the 5 wells that filed a depth.

Completions filed

Mar 1965 – Apr 1985

4 of 5 wells; 1 filed none

Plug dates filed

Mar 1999

1 of 5 wells; 4 filed none

Last completion to plug: a median of 14.0 years across the 1 well that filed both dates, with the middle half between 14.0 years and 14.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

5 wells


42-17331660	6	2,028 ft	—	—	Yes
42-17331646	5	2,030 ft	Apr 1985	—	Yes
42-17331775	8	2,000 ft	Mar 1985	Mar 1999	Yes
42-17331669	7	2,030 ft	Mar 1985	—	Yes
42-17310003	1	1,950 ft	Mar 1965	—	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 (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 2012	0	0	91.61	2.49	$0
Apr 2012	0	0	101.65	2.00	$0
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	81	0	95.72	3.31	$7,753
Oct 2011	26	0	84.98	3.65	$2,209
Sep 2011	55	0	83.62	3.99	$4,599
Aug 2011	66	0	83.40	4.15	$5,504
Jul 2011	31	0	94.14	4.52	$2,918
Jun 2011	63	0	92.90	4.64	$5,853
May 2011	33	0	98.13	4.40	$3,238
Apr 2011	36	0	105.96	4.33	$3,815
Mar 2011	87	0	96.36	4.06	$8,383
Feb 2011	87	0	85.64	4.18	$7,451
Jan 2011	85	0	86.50	4.59	$7,353
Dec 2010	41	0	85.73	4.35	$3,515
Nov 2010	57	0	80.84	3.80	$4,608
Oct 2010	26	0	78.10	3.51	$2,031
Sep 2010	46	0	72.63	3.98	$3,341
Aug 2010	43	0	73.68	4.42	$3,168
Jul 2010	22	0	72.55	4.74	$1,596
Jun 2010	35	0	70.36	4.91	$2,463
May 2010	7	0	71.12	4.24	$498
Apr 2010	21	0	81.69	4.12	$1,715
Mar 2010	30	0	78.39	4.39	$2,352
Feb 2010	12	0	73.58	5.44	$883
Jan 2010	9	0	74.36	5.96	$669
Dec 2009	0	0	71.44	5.48	$0
Nov 2009	0	0	74.59	3.75	$0
Oct 2009	1	0	72.54	4.11	$73
Sep 2009	0	0	65.54	3.06	$0
Aug 2009	10	0	67.42	3.22	$674
Jul 2009	19	0	61.13	3.46	$1,161
Jun 2009	0	0	66.16	3.90	$0
May 2009	62	0	54.74	3.93	$3,394
Apr 2009	31	0	46.77	3.59	$1,450
Mar 2009	30	0	42.14	4.06	$1,264
Feb 2009	19	0	32.81	4.63	$623
Jan 2009	28	0	35.86	5.37	$1,004
Dec 2008	31	0	37.10	5.98	$1,150
Nov 2008	29	0	55.49	6.86	$1,609
Oct 2008	53	0	75.24	6.92	$3,988
Sep 2008	23	0	101.76	7.88	$2,340
Aug 2008	32	0	114.22	8.48	$3,655
Jul 2008	9	0	131.08	11.39	$1,180
Jun 2008	20	0	131.33	13.03	$2,627
May 2008	29	0	123.17	11.57	$3,572
Apr 2008	39	0	110.31	10.45	$4,302
Mar 2008	70	0	101.90	9.66	$7,133
Feb 2008	82	0	92.53	8.77	$7,587
Jan 2008	74	0	90.38	8.21	$6,688
Dec 2007	73	0	88.33	7.30	$6,448
Nov 2007	80	0	91.67	7.29	$7,334
Oct 2007	77	0	82.85	6.92	$6,379
Sep 2007	77	0	75.84	6.24	$5,840
Aug 2007	79	0	69.06	6.39	$5,456
Jul 2007	0	0	70.90	6.39	$0
Jun 2007	154	0	62.00	7.55	$9,548
May 2007	74	0	58.74	7.85	$4,347
Apr 2007	76	0	59.61	7.81	$4,530
Mar 2007	75	0	56.92	7.30	$4,269
Feb 2007	141	0	55.10	8.22	$7,769
Jan 2007	72	0	50.30	6.73	$3,622
Dec 2006	68	0	56.65	6.92	$3,852
Nov 2006	132	0	54.20	7.62	$7,154
Oct 2006	68	0	54.90	6.01	$3,733
Sep 2006	60	0	60.08	5.04	$3,605
Aug 2006	55	0	68.71	7.34	$3,779
Jul 2006	29	0	69.37	6.34	$2,012
Jun 2006	29	0	66.28	6.38	$1,922
May 2006	29	0	66.01	6.42	$1,914
Apr 2006	52	0	64.39	7.36	$3,348
Mar 2006	52	0	56.70	7.08	$2,948
Feb 2006	27	0	57.59	7.75	$1,555
Jan 2006	62	0	60.59	8.93	$3,757
Dec 2005	27	0	54.94	13.42	$1,483
Nov 2005	27	0	54.69	10.59	$1,477
Oct 2005	53	0	58.34	13.80	$3,092
Sep 2005	50	0	61.45	12.08	$3,073
Aug 2005	30	0	61.51	9.80	$1,845
Jul 2005	50	0	55.69	7.84	$2,785
Jun 2005	28	0	52.33	7.38	$1,465
May 2005	26	0	45.22	6.65	$1,176
Apr 2005	54	0	49.20	7.36	$2,657
Mar 2005	53	0	50.37	7.15	$2,670
Feb 2005	29	0	45.22	6.31	$1,311
Jan 2005	58	0	43.16	6.32	$2,503
Dec 2004	56	0	39.86	6.75	$2,232
Nov 2004	57	0	45.28	6.33	$2,581
Oct 2004	88	0	49.70	6.52	$4,374
Sep 2004	28	0	43.24	5.28	$1,211
Aug 2004	57	0	42.37	5.55	$2,415
Jul 2004	95	0	38.28	6.08	$3,637
Jun 2004	73	0	36.10	6.43	$2,635
May 2004	0	0	37.48	6.49	$0
Apr 2004	88	0	34.47	5.86	$3,033
Mar 2004	0	0	34.36	5.53	$0
Feb 2004	0	0	32.45	5.51	$0
Jan 2004	0	0	32.03	6.30	$0
Dec 2003	0	0	30.26	6.30	$0
Nov 2003	0	0	28.80	4.60	$0
Oct 2003	29	0	28.17	4.76	$817
Sep 2003	22	0	26.31	4.75	$579
Aug 2003	29	0	29.76	5.13	$863
Jul 2003	41	0	29.41	5.17	$1,206
Jun 2003	0	0	28.56	5.98	$0
May 2003	17	0	26.59	5.97	$452
Apr 2003	37	0	26.67	5.41	$987
Mar 2003	27	0	31.14	6.10	$841
Feb 2003	30	0	33.48	7.93	$1,004
Jan 2003	26	0	30.31	5.58	$788
Dec 2002	30	0	26.91	4.85	$807
Nov 2002	28	0	24.66	4.14	$690
Oct 2002	49	0	26.46	4.23	$1,297
Sep 2002	44	0	27.44	3.64	$1,207
Aug 2002	56	0	25.96	3.16	$1,454
Jul 2002	59	0	24.58	3.06	$1,450
Jun 2002	55	0	23.73	3.34	$1,305
May 2002	85	0	24.66	3.58	$2,096
Apr 2002	85	0	23.65	3.51	$2,010
Mar 2002	83	0	22.00	3.10	$1,826
Feb 2002	92	0	18.22	2.38	$1,676
Jan 2002	62	0	17.17	2.38	$1,065
Dec 2001	78	0	16.93	2.36	$1,321
Nov 2001	62	0	18.07	2.41	$1,120
Oct 2001	90	0	19.78	2.53	$1,780
Sep 2001	91	0	24.26	2.25	$2,208
Aug 2001	75	0	24.87	3.05	$1,865
Jul 2001	83	0	23.93	3.20	$1,986
Jun 2001	116	0	24.56	3.82	$2,849
May 2001	120	0	25.52	4.31	$3,062
Apr 2001	88	0	24.68	5.34	$2,172
Mar 2001	118	0	24.54	5.38	$2,896
Feb 2001	90	0	27.75	5.77	$2,498
Jan 2001	121	0	27.47	8.40	$3,324
Dec 2000	94	0	26.88	9.12	$2,527
Nov 2000	139	0	32.21	5.66	$4,477
Oct 2000	119	0	31.23	5.15	$3,716
Sep 2000	86	0	31.87	5.19	$2,741
Aug 2000	87	0	29.64	4.54	$2,579
Jul 2000	110	0	28.53	4.09	$3,138
Jun 2000	139	0	29.30	4.40	$4,073
May 2000	89	0	27.26	3.68	$2,426
Apr 2000	108	0	24.51	3.12	$2,647
Mar 2000	109	0	28.42	2.86	$3,098
Feb 2000	139	0	27.62	2.73	$3,839
Jan 2000	91	0	25.27	2.48	$2,300
Dec 1999	144	0	24.28	2.42	$3,496
Nov 1999	121	0	23.19	2.43	$2,806
Oct 1999	91	0	20.98	2.80	$1,909
Sep 1999	109	0	21.75	2.62	$2,371
Aug 1999	91	0	19.26	2.88	$1,753
Jul 1999	143	0	17.89	2.37	$2,558
Jun 1999	88	0	15.94	2.36	$1,403
May 1999	111	0	15.79	2.32	$1,753
Apr 1999	85	0	15.10	2.21	$1,284
Mar 1999	77	0	12.47	1.84	$960
Feb 1999	86	0	9.98	1.82	$858
Jan 1999	117	0	10.38	1.90	$1,214
Dec 1998	154	0	9.20	1.77	$1,417
Nov 1998	122	0	10.89	2.19	$1,329
Oct 1998	175	0	12.42	1.97	$2,174
Sep 1998	104	0	12.59	2.08	$1,309
Aug 1998	63	0	11.30	1.91	$712
Jul 1998	62	0	11.74	2.24	$728
Jun 1998	25	0	11.24	2.24	$281
May 1998	88	0	12.62	2.21	$1,111
Apr 1998	0	0	13.04	2.51	$0
Mar 1998	24	0	12.80	2.31	$307
Feb 1998	18	0	13.95	2.30	$251
Jan 1998	16	0	14.70	2.15	$235
Dec 1997	17	0	16.32	2.41	$277
Nov 1997	165	0	18.19	3.09	$3,001
Oct 1997	162	0	19.25	3.15	$3,119
Sep 1997	297	0	17.74	2.95	$5,269
Aug 1997	179	0	17.86	2.55	$3,197
Jul 1997	296	0	17.58	2.25	$5,204
Jun 1997	184	0	17.24	2.26	$3,172
May 1997	184	0	18.97	2.31	$3,490
Apr 1997	182	0	17.88	2.08	$3,254
Mar 1997	183	0	18.95	1.94	$3,468
Feb 1997	0	0	20.49	2.21	$0
Jan 1997	150	0	23.48	3.54	$3,522
Dec 1996	261	0	23.32	—	$6,087
Nov 1996	183	0	21.97	—	$4,021
Oct 1996	183	0	23.31	—	$4,266
Sep 1996	183	0	22.22	—	$4,066
Aug 1996	0	0	20.26	—	$0
Jul 1996	0	0	19.55	—	$0
Jun 1996	0	0	18.73	—	$0
May 1996	163	0	19.43	—	$3,167
Apr 1996	0	0	21.51	—	$0
Mar 1996	172	0	19.38	—	$3,333
Feb 1996	0	0	16.98	—	$0
Jan 1996	150	0	17.07	—	$2,561
Dec 1995	163	0	17.19	—	$2,802
Nov 1995	0	1	16.00	—	$0
Oct 1995	160	1	15.43	—	$2,469
Sep 1995	0	1	16.18	—	$0
Aug 1995	0	1	15.92	—	$0
Jul 1995	0	1	15.24	—	$0
Jun 1995	0	1	16.41	—	$0
May 1995	0	1	17.56	—	$0
Apr 1995	163	1	17.73	—	$2,890
Mar 1995	245	1	16.44	—	$4,028
Feb 1995	0	1	16.58	—	$0
Jan 1995	158	1	15.92	—	$2,515
Dec 1994	0	1	15.03	—	$0
Nov 1994	0	1	15.90	—	$0
Oct 1994	148	1	15.58	—	$2,306
Sep 1994	160	1	15.29	—	$2,446
Aug 1994	162	1	16.13	—	$2,613
Jul 1994	162	0	17.56	—	$2,845
Jun 1994	160	1	17.09	—	$2,734
May 1994	155	1	15.88	—	$2,461
Apr 1994	173	1	14.14	—	$2,446
Mar 1994	161	1	12.46	—	$2,006
Feb 1994	0	0	12.50	—	$0
Jan 1994	0	0	12.66	—	$0
Dec 1993	0	1	12.33	—	$0
Nov 1993	150	1	14.49	—	$2,174
Oct 1993	175	1	15.85	—	$2,774
Sep 1993	342	1	15.03	—	$5,140
Aug 1993	174	1	15.66	—	$2,725
Jul 1993	165	1	15.46	—	$2,551
Jun 1993	0	0	16.79	—	$0
May 1993	178	1	17.68	—	$3,147
Apr 1993	164	1	18.05	—	$2,960
Mar 1993	337	1	18.14	—	$6,113
Feb 1993	129	1	17.90	—	$2,309
Jan 1993	0	1	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                   81 bbl  × $ 95.72 =     $7,753
Casinghead gas         0 Mcf  × $  3.31 =         $0

────────────────────────────────────────────────────
Month total                                   $7,753

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/19350 is the state's own key, not one this site invented.