TURNER -BC-

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

Operated by PIONEER NATURAL RES. USA, INC. (P-5 665748) 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 24127District 08Field 85280300OilCasinghead gasSave Export

Value, all time

$139 k

Jan 1993 – Aug 1998

Value, last 12 filed months

at the published price for each month

Months reported

no gaps in the span

Streams

oil, casinghead gas

The SPRABERRY (TREND AREA) 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 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.

Stream	Basis	Volume	Value
Oil	Disposition	7,584 bbl	$132,951
Casinghead gas	Production	23,096 Mcf	$6,194
Total			$139,145

20,497 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 31.9299, -101.8914. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.6 miles.

31.92986, -101.89137 · 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

9,050 ft

2 wells filed one

Completion to plug

21.1 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 9,000 and 9,100 ft, median 9,050 ft, over the 2 wells that filed a depth.

Completions filed

Jul 1976 – Aug 1979

2 of 2 wells

Plug dates filed

Jul 1998 – Sep 1999

2 of 2 wells

Last completion to plug: a median of 21.1 years across the 2 wells that filed both dates, with the middle half between 20.6 years and 21.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells


42-32930403	2 C	9,000 ft	Aug 1979	Sep 1999	Yes
42-32930402	1	9,100 ft	Jul 1976	Jul 1998	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 (68)

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

68 months


Aug 1998	0	0	11.30	1.91	$0
Jul 1998	0	0	11.74	2.24	$0
Jun 1998	0	0	11.24	2.24	$0
May 1998	0	0	12.62	2.21	$0
Apr 1998	0	0	13.04	2.51	$0
Mar 1998	0	0	12.80	2.31	$0
Feb 1998	0	0	13.95	2.30	$0
Jan 1998	0	0	14.70	2.15	$0
Dec 1997	0	0	16.32	2.41	$0
Nov 1997	0	0	18.19	3.09	$0
Oct 1997	0	0	19.25	3.15	$0
Sep 1997	0	0	17.74	2.95	$0
Aug 1997	0	0	17.86	2.55	$0
Jul 1997	0	0	17.58	2.25	$0
Jun 1997	188	506	17.24	2.26	$4,383
May 1997	124	491	18.97	2.31	$3,486
Apr 1997	108	427	17.88	2.08	$2,820
Mar 1997	194	431	18.95	1.94	$4,512
Feb 1997	162	330	20.49	2.21	$4,047
Jan 1997	99	414	23.48	3.54	$3,790
Dec 1996	208	430	23.32	—	$4,851
Nov 1996	127	443	21.97	—	$2,790
Oct 1996	148	547	23.31	—	$3,450
Sep 1996	133	461	22.22	—	$2,955
Aug 1996	144	528	20.26	—	$2,917
Jul 1996	125	490	19.55	—	$2,444
Jun 1996	107	457	18.73	—	$2,004
May 1996	222	516	19.43	—	$4,313
Apr 1996	135	576	21.51	—	$2,904
Mar 1996	154	599	19.38	—	$2,985
Feb 1996	208	462	16.98	—	$3,532
Jan 1996	114	429	17.07	—	$1,946
Dec 1995	175	346	17.19	—	$3,008
Nov 1995	114	289	16.00	—	$1,824
Oct 1995	115	504	15.43	—	$1,774
Sep 1995	118	517	16.18	—	$1,909
Aug 1995	108	530	15.92	—	$1,719
Jul 1995	106	491	15.24	—	$1,615
Jun 1995	114	437	16.41	—	$1,871
May 1995	111	483	17.56	—	$1,949
Apr 1995	212	473	17.73	—	$3,759
Mar 1995	109	308	16.44	—	$1,792
Feb 1995	98	568	16.58	—	$1,625
Jan 1995	191	616	15.92	—	$3,041
Dec 1994	195	599	15.03	—	$2,931
Nov 1994	84	464	15.90	—	$1,336
Oct 1994	177	435	15.58	—	$2,758
Sep 1994	93	378	15.29	—	$1,422
Aug 1994	89	427	16.13	—	$1,436
Jul 1994	214	513	17.56	—	$3,758
Jun 1994	104	471	17.09	—	$1,777
May 1994	184	436	15.88	—	$2,922
Apr 1994	94	388	14.14	—	$1,329
Mar 1994	69	284	12.46	—	$860
Feb 1994	129	247	12.50	—	$1,613
Jan 1994	71	249	12.66	—	$899
Dec 1993	137	251	12.33	—	$1,689
Nov 1993	38	149	14.49	—	$551
Oct 1993	141	303	15.85	—	$2,235
Sep 1993	139	292	15.03	—	$2,089
Aug 1993	65	267	15.66	—	$1,018
Jul 1993	130	295	15.46	—	$2,010
Jun 1993	86	215	16.79	—	$1,444
May 1993	143	295	17.68	—	$2,528
Apr 1993	248	628	18.05	—	$4,476
Mar 1993	227	468	18.14	—	$4,118
Feb 1993	218	456	17.90	—	$3,902
Jan 1993	238	487	16.93	—	$4,029

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.

Jun 1997 — as filed, then multipliedworked

Oil                  188 bbl  × $ 17.24 =     $3,241
Casinghead gas       506 Mcf  × $  2.26 =     $1,142

────────────────────────────────────────────────────
Month total                                   $4,383

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/24127 is the state's own key, not one this site invented.