CAVE,FRED

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

Operated by ENDEAVOR ENERGY RESOURCES L.P. (P-5 251726) in the SULPHUR DRAW (DEAN 8790) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 22950District 08Field 87073333Hydrogen sulphide fieldOilCasinghead gasSave Export

Value, all time

$1.5 M

Jan 1993 – Jan 2016

Value, last 12 filed months

at the published price for each month

Months reported

277

no gaps in the span

Streams

oil, casinghead gas

The SULPHUR DRAW (DEAN 8790) 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 122 leases and 183 wells, and the rule below applies to all of them.

Discovered

1966-05-18

as the register files it

Field class

Oil

the register's own label

Between wells

933 ft

minimum

From a lease line

660 ft

minimum

A drilling unit in this field needs at least 80 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: “OPTIONAL 80 ACRE, DIAG. 3250”

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	44,599 bbl	$1,350,853
Casinghead gas	Production	67,973 Mcf	$180,814
Total			$1,531,667

24,874 Mcf of this lease's gas, across 48 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 (2)

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 32.4743, -101.9006. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

32.47432, -101.90057 · 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%

2 of 2 wells

With a plug date

100.0%

2 of 2 wells

Median depth

9,247 ft

2 wells filed one

Completion to plug

22.5 years

median over 2 wells

What the state filed about each well

On the RRC proration schedule

2100.0%

A plug date is filed

2100.0%

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

2100.0%

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 9,244 and 9,250 ft, median 9,247 ft, over the 2 wells that filed a depth.

Completions filed

Oct 1973 – Jan 1990

2 of 2 wells

Plug dates filed

Dec 1992 – Oct 2015

2 of 2 wells

Last completion to plug: a median of 22.5 years across the 2 wells that filed both dates, with the middle half between 20.8 years and 24.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells


42-31733658	2	9,250 ft	Jan 1990	Oct 2015	Yes
42-31731029	1	9,244 ft	Oct 1973	Dec 1992	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 (277)

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

277 months


Jan 2016	0	0	27.35	2.36	$0
Dec 2015	0	0	32.36	2.00	$0
Nov 2015	0	0	38.79	2.17	$0
Oct 2015	0	0	43.55	2.43	$0
Sep 2015	0	0	42.99	2.76	$0
Aug 2015	0	0	40.16	2.87	$0
Jul 2015	0	0	48.15	2.95	$0
Jun 2015	0	0	56.15	2.88	$0
May 2015	0	0	55.21	2.96	$0
Apr 2015	0	0	49.82	2.71	$0
Mar 2015	0	0	42.89	2.93	$0
Feb 2015	0	0	44.66	2.98	$0
Jan 2015	0	0	43.43	3.10	$0
Dec 2014	0	0	54.69	3.59	$0
Nov 2014	0	0	70.46	4.25	$0
Oct 2014	0	0	78.30	3.90	$0
Sep 2014	0	0	86.16	4.05	$0
Aug 2014	0	0	89.39	4.04	$0
Jul 2014	0	0	96.56	4.18	$0
Jun 2014	0	0	98.16	4.74	$0
May 2014	0	0	94.73	4.73	$0
Apr 2014	0	0	95.94	4.81	$0
Mar 2014	0	0	95.89	5.06	$0
Feb 2014	0	0	97.40	6.19	$0
Jan 2014	0	0	90.40	4.86	$0
Dec 2013	0	0	91.82	4.35	$0
Nov 2013	0	0	88.85	3.74	$0
Oct 2013	0	0	97.42	3.78	$0
Sep 2013	0	0	104.11	3.72	$0
Aug 2013	0	0	104.25	3.52	$0
Jul 2013	0	0	102.52	3.72	$0
Jun 2013	0	0	94.40	3.93	$0
May 2013	0	0	94.83	4.15	$0
Apr 2013	0	0	93.96	4.28	$0
Mar 2013	0	0	93.62	3.91	$0
Feb 2013	0	0	91.23	3.42	$0
Jan 2013	0	0	91.60	3.42	$0
Dec 2012	0	0	86.77	3.42	$0
Nov 2012	0	0	86.95	3.62	$0
Oct 2012	0	0	89.38	3.40	$0
Sep 2012	3	0	94.67	2.92	$284
Aug 2012	0	0	92.66	2.91	$0
Jul 2012	0	0	85.13	3.02	$0
Jun 2012	0	0	79.82	2.52	$0
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	0	0	95.72	3.31	$0
Oct 2011	0	0	84.98	3.65	$0
Sep 2011	0	0	83.62	3.99	$0
Aug 2011	0	0	83.40	4.15	$0
Jul 2011	0	0	94.14	4.52	$0
Jun 2011	10	0	92.90	4.64	$929
May 2011	5	0	98.13	4.40	$491
Apr 2011	6	0	105.96	4.33	$636
Mar 2011	0	0	96.36	4.06	$0
Feb 2011	159	0	85.64	4.18	$13,617
Jan 2011	177	0	86.50	4.59	$15,311
Dec 2010	1	0	85.73	4.35	$86
Nov 2010	0	0	80.84	3.80	$0
Oct 2010	0	0	78.10	3.51	$0
Sep 2010	0	0	72.63	3.98	$0
Aug 2010	0	0	73.68	4.42	$0
Jul 2010	0	0	72.55	4.74	$0
Jun 2010	0	0	70.36	4.91	$0
May 2010	170	0	71.12	4.24	$12,090
Apr 2010	5	0	81.69	4.12	$408
Mar 2010	3	0	78.39	4.39	$235
Feb 2010	173	0	73.58	5.44	$12,729
Jan 2010	0	0	74.36	5.96	$0
Dec 2009	0	0	71.44	5.48	$0
Nov 2009	7	0	74.59	3.75	$522
Oct 2009	0	0	72.54	4.11	$0
Sep 2009	0	0	65.54	3.06	$0
Aug 2009	0	0	67.42	3.22	$0
Jul 2009	0	0	61.13	3.46	$0
Jun 2009	0	0	66.16	3.90	$0
May 2009	0	0	54.74	3.93	$0
Apr 2009	0	0	46.77	3.59	$0
Mar 2009	0	0	42.14	4.06	$0
Feb 2009	3	0	32.81	4.63	$98
Jan 2009	0	0	35.86	5.37	$0
Dec 2008	0	0	37.10	5.98	$0
Nov 2008	0	0	55.49	6.86	$0
Oct 2008	178	0	75.24	6.92	$13,393
Sep 2008	163	2	101.76	7.88	$16,603
Aug 2008	1	2	114.22	8.48	$131
Jul 2008	0	8	131.08	11.39	$91
Jun 2008	173	21	131.33	13.03	$22,994
May 2008	0	21	123.17	11.57	$243
Apr 2008	174	25	110.31	10.45	$19,455
Mar 2008	5	4	101.90	9.66	$548
Feb 2008	0	10	92.53	8.77	$88
Jan 2008	15	2	90.38	8.21	$1,372
Dec 2007	6	3	88.33	7.30	$552
Nov 2007	5	3	91.67	7.29	$480
Oct 2007	149	123	82.85	6.92	$13,196
Sep 2007	169	215	75.84	6.24	$14,159
Aug 2007	341	220	69.06	6.39	$24,955
Jul 2007	172	220	70.90	6.39	$13,600
Jun 2007	171	211	62.00	7.55	$12,195
May 2007	345	215	58.74	7.85	$21,952
Apr 2007	180	202	59.61	7.81	$12,306
Mar 2007	179	212	56.92	7.30	$11,737
Feb 2007	510	192	55.10	8.22	$29,678
Jan 2007	171	210	50.30	6.73	$10,014
Dec 2006	179	213	56.65	6.92	$11,614
Nov 2006	0	188	54.20	7.62	$1,432
Oct 2006	341	165	54.90	6.01	$19,713
Sep 2006	347	218	60.08	5.04	$21,946
Aug 2006	172	243	68.71	7.34	$13,602
Jul 2006	171	250	69.37	6.34	$13,448
Jun 2006	492	241	66.28	6.38	$34,148
May 2006	170	237	66.01	6.42	$12,744
Apr 2006	173	237	64.39	7.36	$12,884
Mar 2006	346	253	56.70	7.08	$21,410
Feb 2006	353	190	57.59	7.75	$21,802
Jan 2006	0	83	60.59	8.93	$741
Dec 2005	178	188	54.94	13.42	$12,301
Nov 2005	342	207	54.69	10.59	$20,896
Oct 2005	177	215	58.34	13.80	$13,292
Sep 2005	340	188	61.45	12.08	$23,164
Aug 2005	170	208	61.51	9.80	$12,494
Jul 2005	172	228	55.69	7.84	$11,367
Jun 2005	346	221	52.33	7.38	$19,737
May 2005	676	220	45.22	6.65	$32,032
Apr 2005	172	236	49.20	7.36	$10,199
Mar 2005	337	236	50.37	7.15	$18,663
Feb 2005	345	217	45.22	6.31	$16,971
Jan 2005	0	250	43.16	6.32	$1,581
Dec 2004	340	240	39.86	6.75	$15,173
Nov 2004	347	261	45.28	6.33	$17,364
Oct 2004	169	279	49.70	6.52	$10,217
Sep 2004	168	297	43.24	5.28	$8,834
Aug 2004	339	317	42.37	5.55	$16,123
Jul 2004	171	130	38.28	6.08	$7,337
Jun 2004	167	100	36.10	6.43	$6,672
May 2004	170	201	37.48	6.49	$7,677
Apr 2004	341	298	34.47	5.86	$13,500
Mar 2004	170	311	34.36	5.53	$7,561
Feb 2004	169	290	32.45	5.51	$7,082
Jan 2004	172	317	32.03	6.30	$7,506
Dec 2003	316	302	30.26	6.30	$11,465
Nov 2003	0	212	28.80	4.60	$974
Oct 2003	344	309	28.17	4.76	$11,161
Sep 2003	175	310	26.31	4.75	$6,077
Aug 2003	171	325	29.76	5.13	$6,756
Jul 2003	160	331	29.41	5.17	$6,417
Jun 2003	172	321	28.56	5.98	$6,833
May 2003	302	328	26.59	5.97	$9,989
Apr 2003	172	305	26.67	5.41	$6,236
Mar 2003	169	311	31.14	6.10	$7,159
Feb 2003	169	283	33.48	7.93	$7,901
Jan 2003	284	292	30.31	5.58	$10,238
Dec 2002	169	296	26.91	4.85	$5,985
Nov 2002	273	290	24.66	4.14	$7,932
Oct 2002	178	320	26.46	4.23	$6,063
Sep 2002	164	331	27.44	3.64	$5,703
Aug 2002	324	347	25.96	3.16	$9,509
Jul 2002	169	345	24.58	3.06	$5,210
Jun 2002	173	336	23.73	3.34	$5,227
May 2002	176	348	24.66	3.58	$5,587
Apr 2002	290	290	23.65	3.51	$7,877
Mar 2002	158	349	22.00	3.10	$4,559
Feb 2002	309	307	18.22	2.38	$6,359
Jan 2002	171	339	17.17	2.38	$3,741
Dec 2001	170	346	16.93	2.36	$3,696
Nov 2001	320	351	18.07	2.41	$6,627
Oct 2001	164	353	19.78	2.53	$4,137
Sep 2001	172	355	24.26	2.25	$4,972
Aug 2001	327	368	24.87	3.05	$9,256
Jul 2001	174	367	23.93	3.20	$5,337
Jun 2001	345	350	24.56	3.82	$9,812
May 2001	172	360	25.52	4.31	$5,940
Apr 2001	180	344	24.68	5.34	$6,278
Mar 2001	351	343	24.54	5.38	$10,458
Feb 2001	317	285	27.75	5.77	$10,440
Jan 2001	0	291	27.47	8.40	$2,444
Dec 2000	179	257	26.88	9.12	$7,156
Nov 2000	355	229	32.21	5.66	$12,730
Oct 2000	0	263	31.23	5.15	$1,353
Sep 2000	336	234	31.87	5.19	$11,922
Aug 2000	0	328	29.64	4.54	$1,489
Jul 2000	170	325	28.53	4.09	$6,179
Jun 2000	174	371	29.30	4.40	$6,730
May 2000	177	397	27.26	3.68	$6,286
Apr 2000	354	381	24.51	3.12	$9,864
Mar 2000	177	357	28.42	2.86	$6,051
Feb 2000	175	264	27.62	2.73	$5,553
Jan 2000	170	145	25.27	2.48	$4,656
Dec 1999	282	348	24.28	2.42	$7,690
Nov 1999	0	399	23.19	2.43	$971
Oct 1999	178	439	20.98	2.80	$4,965
Sep 1999	174	445	21.75	2.62	$4,950
Aug 1999	667	394	19.26	2.88	$13,979
Jul 1999	343	440	17.89	2.37	$7,180
Jun 1999	0	470	15.94	2.36	$1,110
May 1999	182	470	15.79	2.32	$3,965
Apr 1999	362	474	15.10	2.21	$6,513
Mar 1999	188	510	12.47	1.84	$3,282
Feb 1999	182	468	9.98	1.82	$2,667
Jan 1999	188	493	10.38	1.90	$2,888
Dec 1998	180	520	9.20	1.77	$2,578
Nov 1998	375	523	10.89	2.19	$5,227
Oct 1998	183	554	12.42	1.97	$3,364
Sep 1998	184	562	12.59	2.08	$3,487
Aug 1998	183	588	11.30	1.91	$3,189
Jul 1998	367	599	11.74	2.24	$5,649
Jun 1998	183	590	11.24	2.24	$3,377
May 1998	178	614	12.62	2.21	$3,601
Apr 1998	186	571	13.04	2.51	$3,856
Mar 1998	187	586	12.80	2.31	$3,747
Feb 1998	366	531	13.95	2.30	$6,327
Jan 1998	182	589	14.70	2.15	$3,945
Dec 1997	187	583	16.32	2.41	$4,458
Nov 1997	370	574	18.19	3.09	$8,503
Oct 1997	176	619	19.25	3.15	$5,338
Sep 1997	365	615	17.74	2.95	$8,292
Aug 1997	181	0	17.86	2.55	$3,233
Jul 1997	340	613	17.58	2.25	$7,355
Jun 1997	183	574	17.24	2.26	$4,451
May 1997	360	548	18.97	2.31	$8,094
Apr 1997	370	321	17.88	2.08	$7,284
Mar 1997	372	410	18.95	1.94	$7,844
Feb 1997	183	282	20.49	2.21	$4,372
Jan 1997	185	298	23.48	3.54	$5,399
Dec 1996	186	421	23.32	—	$4,338
Nov 1996	188	480	21.97	—	$4,130
Oct 1996	376	491	23.31	—	$8,765
Sep 1996	188	403	22.22	—	$4,177
Aug 1996	289	431	20.26	—	$5,855
Jul 1996	190	420	19.55	—	$3,715
Jun 1996	179	275	18.73	—	$3,353
May 1996	367	335	19.43	—	$7,131
Apr 1996	1	425	21.51	—	$22
Mar 1996	369	441	19.38	—	$7,151
Feb 1996	182	428	16.98	—	$3,090
Jan 1996	186	492	17.07	—	$3,175
Dec 1995	344	530	17.19	—	$5,913
Nov 1995	173	506	16.00	—	$2,768
Oct 1995	374	493	15.43	—	$5,771
Sep 1995	189	513	16.18	—	$3,058
Aug 1995	362	510	15.92	—	$5,763
Jul 1995	190	516	15.24	—	$2,896
Jun 1995	184	504	16.41	—	$3,019
May 1995	360	496	17.56	—	$6,322
Apr 1995	358	464	17.73	—	$6,347
Mar 1995	182	457	16.44	—	$2,992
Feb 1995	351	442	16.58	—	$5,820
Jan 1995	183	468	15.92	—	$2,913
Dec 1994	362	417	15.03	—	$5,441
Nov 1994	172	460	15.90	—	$2,735
Oct 1994	360	449	15.58	—	$5,609
Sep 1994	360	539	15.29	—	$5,504
Aug 1994	181	514	16.13	—	$2,920
Jul 1994	545	432	17.56	—	$9,570
Jun 1994	354	406	17.09	—	$6,050
May 1994	363	426	15.88	—	$5,764
Apr 1994	0	426	14.14	—	$0
Mar 1994	361	411	12.46	—	$4,498
Feb 1994	364	505	12.50	—	$4,550
Jan 1994	361	604	12.66	—	$4,570
Dec 1993	367	584	12.33	—	$4,525
Nov 1993	355	586	14.49	—	$5,144
Oct 1993	0	656	15.85	—	$0
Sep 1993	361	696	15.03	—	$5,426
Aug 1993	357	768	15.66	—	$5,591
Jul 1993	180	778	15.46	—	$2,783
Jun 1993	355	733	16.79	—	$5,960
May 1993	355	761	17.68	—	$6,276
Apr 1993	180	619	18.05	—	$3,249
Mar 1993	367	673	18.14	—	$6,657
Feb 1993	354	689	17.90	—	$6,337
Jan 1993	364	801	16.93	—	$6,163

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.

Sep 2012 — as filed, then multipliedworked

Oil                    3 bbl  × $ 94.67 =       $284
Casinghead gas         0 Mcf  × $  2.92 =         $0

────────────────────────────────────────────────────
Month total                                     $284

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/22950 is the state's own key, not one this site invented.