7402 JVS MUSTANG

Name: 7402 JVS MUSTANG lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by TRIPLE "N" SERVICES, INC. (P-5 870403) in the LACAFF (DEAN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 23208District 08Field 51152500Hydrogen sulphide fieldOilCasinghead gasSave Export

Value, all time

$330 k

Jan 1993 – Jul 2008

Value, last 12 filed months

$2 k

at the published price for each month

Months reported

187

no gaps in the span

Streams

oil, casinghead gas

The LACAFF (DEAN) 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 87 leases and 226 wells, and the rule below applies to all of them.

Discovered

1969-12-07

as the register files it

Field class

Oil and gas

the register's own label

Between wells

1,200 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 ACRES 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	12,472 bbl	$328,012
Casinghead gas	Production	1,611 Mcf	$1,810
Total			$329,822

831 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 (4)

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 32.4395, -102.1983. A lease has no coordinate of its own — that point is the mean of its wells, and they span 2.4 miles.

32.43905, -102.20078 · 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%

4 of 4 wells

With a plug date

100.0%

4 of 4 wells

Median depth

9,988 ft

4 wells filed one

Completion to plug

15.4 years

median over 3 wells

What the state filed about each well

On the RRC proration schedule

4100.0%

A plug date is filed

4100.0%

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

4100.0%

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 9,800 and 10,500 ft, median 9,988 ft, over the 4 wells that filed a depth.

Completions filed

Jun 1974 – Mar 1984

3 of 4 wells; 1 filed none

Plug dates filed

Nov 1981 – Apr 2008

4 of 4 wells

Last completion to plug: a median of 15.4 years across the 3 wells that filed both dates, with the middle half between 11.2 years and 24.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

4 wells


42-31731166	2	10,000 ft	—	Sep 1983	Yes
42-31731198	3	9,976 ft	Mar 1984	Aug 1999	Yes
42-00330569	4	10,500 ft	Jan 1975	Nov 1981	Yes
42-31731143	1	9,800 ft	Jun 1974	Apr 2008	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 (187)

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

187 months


Jul 2008	0	0	131.08	11.39	$0
Jun 2008	0	0	131.33	13.03	$0
May 2008	15	0	123.17	11.57	$1,848
Apr 2008	0	0	110.31	10.45	$0
Mar 2008	0	0	101.90	9.66	$0
Feb 2008	0	0	92.53	8.77	$0
Jan 2008	0	0	90.38	8.21	$0
Dec 2007	0	0	88.33	7.30	$0
Nov 2007	0	0	91.67	7.29	$0
Oct 2007	0	0	82.85	6.92	$0
Sep 2007	0	0	75.84	6.24	$0
Aug 2007	0	0	69.06	6.39	$0
Jul 2007	0	0	70.90	6.39	$0
Jun 2007	0	0	62.00	7.55	$0
May 2007	0	0	58.74	7.85	$0
Apr 2007	0	0	59.61	7.81	$0
Mar 2007	0	0	56.92	7.30	$0
Feb 2007	0	0	55.10	8.22	$0
Jan 2007	0	0	50.30	6.73	$0
Dec 2006	177	0	56.65	6.92	$10,027
Nov 2006	0	0	54.20	7.62	$0
Oct 2006	0	0	54.90	6.01	$0
Sep 2006	176	0	60.08	5.04	$10,574
Aug 2006	0	0	68.71	7.34	$0
Jul 2006	167	0	69.37	6.34	$11,585
Jun 2006	0	0	66.28	6.38	$0
May 2006	0	0	66.01	6.42	$0
Apr 2006	168	0	64.39	7.36	$10,818
Mar 2006	0	0	56.70	7.08	$0
Feb 2006	171	0	57.59	7.75	$9,848
Jan 2006	175	0	60.59	8.93	$10,603
Dec 2005	0	0	54.94	13.42	$0
Nov 2005	0	0	54.69	10.59	$0
Oct 2005	0	0	58.34	13.80	$0
Sep 2005	0	0	61.45	12.08	$0
Aug 2005	175	0	61.51	9.80	$10,764
Jul 2005	0	0	55.69	7.84	$0
Jun 2005	0	0	52.33	7.38	$0
May 2005	174	0	45.22	6.65	$7,868
Apr 2005	0	0	49.20	7.36	$0
Mar 2005	171	0	50.37	7.15	$8,613
Feb 2005	0	0	45.22	6.31	$0
Jan 2005	176	0	43.16	6.32	$7,596
Dec 2004	0	0	39.86	6.75	$0
Nov 2004	0	0	45.28	6.33	$0
Oct 2004	176	0	49.70	6.52	$8,747
Sep 2004	0	0	43.24	5.28	$0
Aug 2004	174	0	42.37	5.55	$7,372
Jul 2004	0	0	38.28	6.08	$0
Jun 2004	171	0	36.10	6.43	$6,173
May 2004	0	0	37.48	6.49	$0
Apr 2004	0	0	34.47	5.86	$0
Mar 2004	0	0	34.36	5.53	$0
Feb 2004	166	0	32.45	5.51	$5,387
Jan 2004	0	0	32.03	6.30	$0
Dec 2003	179	0	30.26	6.30	$5,417
Nov 2003	0	0	28.80	4.60	$0
Oct 2003	0	0	28.17	4.76	$0
Sep 2003	170	0	26.31	4.75	$4,473
Aug 2003	0	0	29.76	5.13	$0
Jul 2003	178	0	29.41	5.17	$5,235
Jun 2003	0	0	28.56	5.98	$0
May 2003	0	0	26.59	5.97	$0
Apr 2003	176	0	26.67	5.41	$4,694
Mar 2003	0	0	31.14	6.10	$0
Feb 2003	161	0	33.48	7.93	$5,390
Jan 2003	0	0	30.31	5.58	$0
Dec 2002	142	0	26.91	4.85	$3,821
Nov 2002	0	0	24.66	4.14	$0
Oct 2002	0	0	26.46	4.23	$0
Sep 2002	178	0	27.44	3.64	$4,884
Aug 2002	0	0	25.96	3.16	$0
Jul 2002	174	0	24.58	3.06	$4,277
Jun 2002	0	0	23.73	3.34	$0
May 2002	0	0	24.66	3.58	$0
Apr 2002	174	0	23.65	3.51	$4,115
Mar 2002	0	0	22.00	3.10	$0
Feb 2002	167	0	18.22	2.38	$3,043
Jan 2002	0	0	17.17	2.38	$0
Dec 2001	178	0	16.93	2.36	$3,014
Nov 2001	0	0	18.07	2.41	$0
Oct 2001	0	0	19.78	2.53	$0
Sep 2001	165	0	24.26	2.25	$4,003
Aug 2001	0	0	24.87	3.05	$0
Jul 2001	174	0	23.93	3.20	$4,164
Jun 2001	0	0	24.56	3.82	$0
May 2001	0	0	25.52	4.31	$0
Apr 2001	144	0	24.68	5.34	$3,554
Mar 2001	0	0	24.54	5.38	$0
Feb 2001	160	0	27.75	5.77	$4,440
Jan 2001	0	0	27.47	8.40	$0
Dec 2000	177	0	26.88	9.12	$4,758
Nov 2000	0	0	32.21	5.66	$0
Oct 2000	179	0	31.23	5.15	$5,590
Sep 2000	0	0	31.87	5.19	$0
Aug 2000	0	0	29.64	4.54	$0
Jul 2000	182	0	28.53	4.09	$5,192
Jun 2000	179	0	29.30	4.40	$5,245
May 2000	0	0	27.26	3.68	$0
Apr 2000	0	0	24.51	3.12	$0
Mar 2000	0	0	28.42	2.86	$0
Feb 2000	161	0	27.62	2.73	$4,447
Jan 2000	0	0	25.27	2.48	$0
Dec 1999	166	0	24.28	2.42	$4,030
Nov 1999	181	0	23.19	2.43	$4,197
Oct 1999	0	0	20.98	2.80	$0
Sep 1999	0	0	21.75	2.62	$0
Aug 1999	0	0	19.26	2.88	$0
Jul 1999	182	0	17.89	2.37	$3,256
Jun 1999	0	0	15.94	2.36	$0
May 1999	0	0	15.79	2.32	$0
Apr 1999	184	0	15.10	2.21	$2,778
Mar 1999	0	0	12.47	1.84	$0
Feb 1999	193	30	9.98	1.82	$1,981
Jan 1999	0	30	10.38	1.90	$57
Dec 1998	193	30	9.20	1.77	$1,829
Nov 1998	0	30	10.89	2.19	$66
Oct 1998	0	30	12.42	1.97	$59
Sep 1998	377	30	12.59	2.08	$4,809
Aug 1998	0	30	11.30	1.91	$57
Jul 1998	0	30	11.74	2.24	$67
Jun 1998	0	30	11.24	2.24	$67
May 1998	0	30	12.62	2.21	$66
Apr 1998	0	30	13.04	2.51	$75
Mar 1998	194	30	12.80	2.31	$2,552
Feb 1998	0	30	13.95	2.30	$69
Jan 1998	196	30	14.70	2.15	$2,946
Dec 1997	0	30	16.32	2.41	$72
Nov 1997	0	30	18.19	3.09	$93
Oct 1997	160	30	19.25	3.15	$3,174
Sep 1997	0	30	17.74	2.95	$89
Aug 1997	179	30	17.86	2.55	$3,274
Jul 1997	0	30	17.58	2.25	$67
Jun 1997	0	30	17.24	2.26	$68
May 1997	181	30	18.97	2.31	$3,503
Apr 1997	0	30	17.88	2.08	$62
Mar 1997	195	30	18.95	1.94	$3,753
Feb 1997	0	30	20.49	2.21	$66
Jan 1997	191	30	23.48	3.54	$4,591
Dec 1996	0	30	23.32	—	$0
Nov 1996	190	30	21.97	—	$4,174
Oct 1996	0	30	23.31	—	$0
Sep 1996	0	30	22.22	—	$0
Aug 1996	0	30	20.26	—	$0
Jul 1996	167	30	19.55	—	$3,265
Jun 1996	0	30	18.73	—	$0
May 1996	164	30	19.43	—	$3,187
Apr 1996	0	30	21.51	—	$0
Mar 1996	165	30	19.38	—	$3,198
Feb 1996	0	30	16.98	—	$0
Jan 1996	180	30	17.07	—	$3,073
Dec 1995	0	30	17.19	—	$0
Nov 1995	186	30	16.00	—	$2,976
Oct 1995	0	30	15.43	—	$0
Sep 1995	196	30	16.18	—	$3,171
Aug 1995	0	30	15.92	—	$0
Jul 1995	177	30	15.24	—	$2,697
Jun 1995	0	30	16.41	—	$0
May 1995	196	30	17.56	—	$3,442
Apr 1995	0	30	17.73	—	$0
Mar 1995	0	30	16.44	—	$0
Feb 1995	161	30	16.58	—	$2,669
Jan 1995	0	30	15.92	—	$0
Dec 1994	172	30	15.03	—	$2,585
Nov 1994	0	30	15.90	—	$0
Oct 1994	178	30	15.58	—	$2,773
Sep 1994	0	1	15.29	—	$0
Aug 1994	154	1	16.13	—	$2,484
Jul 1994	0	1	17.56	—	$0
Jun 1994	165	1	17.09	—	$2,820
May 1994	189	1	15.88	—	$3,001
Apr 1994	0	1	14.14	—	$0
Mar 1994	0	1	12.46	—	$0
Feb 1994	170	1	12.50	—	$2,125
Jan 1994	0	1	12.66	—	$0
Dec 1993	185	1	12.33	—	$2,281
Nov 1993	0	1	14.49	—	$0
Oct 1993	171	1	15.85	—	$2,710
Sep 1993	0	1	15.03	—	$0
Aug 1993	146	1	15.66	—	$2,286
Jul 1993	190	1	15.46	—	$2,937
Jun 1993	0	1	16.79	—	$0
May 1993	0	1	17.68	—	$0
Apr 1993	174	1	18.05	—	$3,141
Mar 1993	0	1	18.14	—	$0
Feb 1993	194	1	17.90	—	$3,473
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.

May 2008 — as filed, then multipliedworked

Oil                   15 bbl  × $123.17 =     $1,848
Casinghead gas         0 Mcf  × $ 11.57 =         $0

────────────────────────────────────────────────────
Month total                                   $1,848

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/23208 is the state's own key, not one this site invented.