STOCKTON, W.E. "B"

Operated by MARATHON OIL COMPANY (P-5 525380) 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 23297District 08Field 42971001Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$25 k
Jan 1993 – Mar 1998
Value, last 12 filed months
$10 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 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.

StreamBasisVolumeValue
OilDisposition1,366 bbl$25,424
Casinghead gasProduction21 Mcf$0
Total$25,424

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 (1)

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 32.1622, -101.2301. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.16221, -101.23006 · 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%
1 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
3,200 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
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

The one well that filed a depth was drilled to 3,200 ft.

Completions filed
Aug 1974
1 of 1 wells

1 well

42-2273064133,200 ftAug 1974Yes

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 1997130016.322.41$2,122
Nov 1997110018.193.09$2,001
Oct 19970019.253.15$0
Sep 1997115017.742.95$2,040
Aug 19970017.862.55$0
Jul 19970017.582.25$0
Jun 1997119017.242.26$2,052
May 19970018.972.31$0
Apr 199791017.882.08$1,627
Mar 199797018.951.94$1,838
Feb 199760020.492.21$1,229
Jan 19970023.483.54$0
Dec 199669023.32$1,609
Nov 199675021.97$1,648
Oct 19960023.31$0
Sep 199692022.22$2,044
Aug 199698020.26$1,985
Jul 199661019.55$1,193
Jun 19960018.73$0
May 19968019.43$155
Apr 19967021.51$151
Mar 19967019.38$136
Feb 19966016.98$102
Jan 19960017.07$0
Dec 19950017.19$0
Nov 19957016.00$112
Oct 19958015.43$123
Sep 19950016.18$0
Aug 19957015.92$111
Jul 19956015.24$91
Jun 19957016.41$115
May 19957017.56$123
Apr 19950017.73$0
Mar 19956016.44$99
Feb 19956016.58$99
Jan 19956015.92$96
Dec 19947015.03$105
Nov 19940015.90$0
Oct 19947015.58$109
Sep 19947115.29$107
Aug 19947116.13$113
Jul 19947117.56$123
Jun 19946117.09$103
May 19946115.88$95
Apr 19947114.14$99
Mar 19946112.46$75
Feb 19945112.50$63
Jan 199410112.66$127
Dec 19936112.33$74
Nov 19936114.49$87
Oct 19937115.85$111
Sep 19937115.03$105
Aug 19937115.66$110
Jul 19937115.46$108
Jun 19938116.79$134
May 19930117.68$0
Apr 199313118.05$235
Mar 199310118.14$181
Feb 19936117.90$107
Jan 19939116.93$152

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                  130 bbl  × $ 16.32 =     $2,122
Casinghead gas         0 Mcf  × $  2.41 =         $0

────────────────────────────────────────────────────
Month total                                   $2,122

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/23297 is the state's own key, not one this site invented.