KOONCE, L. G. ET AL

Operated by TEXAS INVESTMENTS (P-5 846632) in the SPRABERRY (TREND AREA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 23395District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$163 k
Jan 1993 – Mar 2008
Value, last 12 filed months
$0
at the published price for each month
Months reported
183
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 16,587 leases and 43,997 wells, and the rule below applies to all of them.

Discovered
1952-12-22
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2018-02-13.

The Commission's schedule remark for this field reads: SPRABERRY (TREND AREA) FIELD EFFECTIVE 10/1/2019.

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
OilDisposition7,929 bbl$159,639
Casinghead gasProduction4,856 Mcf$3,351
Total$162,990

3,480 Mcf of this lease's gas, across 47 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 31.9442, -101.7492. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.94419, -101.74916 · 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
100.0%
1 of 1 wells
Median depth
8,450 ft
1 wells filed one
Completion to plug
31.0 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
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 8,450 ft.

Completions filed
Dec 1974
1 of 1 wells
Plug dates filed
Dec 2005
1 of 1 wells

Last completion to plug: a median of 31.0 years across the 1 well that filed both dates, with the middle half between 31.0 years and 31.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-1733018318,450 ftDec 1974Dec 2005Yes

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 (183)

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

183 months

Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 2005107058.3413.80$6,242
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 200465034.365.53$2,233
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 2003162030.266.30$4,902
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 2003181029.415.17$5,323
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 2003181031.146.10$5,636
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 2002154023.653.51$3,642
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 2001154016.932.36$2,607
Nov 2001128018.072.41$2,313
Oct 2001149019.782.53$2,947
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 2001165024.685.34$4,072
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 200071032.215.66$2,287
Oct 20000031.235.15$0
Sep 2000134031.875.19$4,271
Aug 2000169029.644.54$5,009
Jul 20000028.534.09$0
Jun 2000167029.304.40$4,893
May 200068027.263.68$1,854
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 200029025.272.48$733
Dec 19990024.282.42$0
Nov 1999171023.192.43$3,965
Oct 19990020.982.80$0
Sep 1999179021.752.62$3,893
Aug 1999181019.262.88$3,486
Jul 1999156017.892.37$2,791
Jun 1999152015.942.36$2,423
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 19981853012.592.08$2,392
Aug 199804511.301.91$86
Jul 19981805511.742.24$2,236
Jun 19981786011.242.24$2,135
May 199807112.622.21$157
Apr 199807013.042.51$175
Mar 199807012.802.31$162
Feb 19981656813.952.30$2,458
Jan 199807014.702.15$151
Dec 199707016.322.41$169
Nov 19971606818.193.09$3,120
Oct 199707019.253.15$220
Sep 199706917.742.95$204
Aug 19971636817.862.55$3,085
Jul 199707017.582.25$157
Jun 19971577017.242.26$2,865
May 199707018.972.31$162
Apr 19971627017.882.08$3,042
Mar 19971627018.951.94$3,206
Feb 199707020.492.21$154
Jan 199707223.483.54$255
Dec 19961807623.32$4,198
Nov 199607421.97$0
Oct 19961787423.31$4,149
Sep 199607422.22$0
Aug 19961787420.26$3,606
Jul 199607419.55$0
Jun 19961747418.73$3,259
May 19961817419.43$3,517
Apr 19961537421.51$3,291
Mar 199607419.38$0
Feb 19960016.98$0
Jan 199607417.07$0
Dec 19951817417.19$3,111
Nov 199507416.00$0
Oct 199507415.43$0
Sep 19951787416.18$2,880
Aug 199507415.92$0
Jul 19951777415.24$2,697
Jun 199507416.41$0
May 199507417.56$0
Apr 19951787417.73$3,156
Mar 199507416.44$0
Feb 19951777416.58$2,935
Jan 199507415.92$0
Dec 199407415.03$0
Nov 19941807415.90$2,862
Oct 199407415.58$0
Sep 199407415.29$0
Aug 19941697416.13$2,726
Jul 199407417.56$0
Jun 199407417.09$0
May 19941657415.88$2,620
Apr 199407414.14$0
Mar 19941797412.46$2,230
Feb 199407412.50$0
Jan 199407412.66$0
Dec 19931707412.33$2,096
Nov 199307414.49$0
Oct 199307415.85$0
Sep 19931717415.03$2,570
Aug 199307415.66$0
Jul 19931767415.46$2,721
Jun 199307416.79$0
May 19931767417.68$3,112
Apr 199307418.05$0
Mar 19931737418.14$3,138
Feb 199307417.90$0
Jan 199307416.93$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.

Oct 2005 — as filed, then multipliedworked
Oil                  107 bbl  × $ 58.34 =     $6,242
Casinghead gas         0 Mcf  × $ 13.80 =         $0

────────────────────────────────────────────────────
Month total                                   $6,242

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/23395 is the state's own key, not one this site invented.