CLAY, H. R.

Operated by QUANTUM RESOURCES MANAGEMENT,LLC (P-5 684554) in the HOWARD-GLASSCOCK (GLORIETA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 24284District 08Field 42971332Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$195 k
Jan 1993 – Jun 2012
Value, last 12 filed months
$0
at the published price for each month
Months reported
234
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 131 leases and 850 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
660 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 10 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: 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
OilDisposition8,845 bbl$195,044
Casinghead gasProduction79 Mcf$49
Total$195,094

59 Mcf of this lease's gas, across 46 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 32.0954, -101.3084. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

32.09538, -101.30839 · 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%
2 of 2 wells
With a plug date
50.0%
1 of 2 wells
Median depth
3,213 ft
2 wells filed one
Completion to plug
27.8 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
150.0%
BothOn the schedule and plugged. Neither fact cancels the other.
150.0%
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 3,100 and 3,325 ft, median 3,213 ft, over the 2 wells that filed a depth.

Completions filed
Nov 1976 – Mar 1991
2 of 2 wells
Plug dates filed
Sep 2004
1 of 2 wells; 1 filed none

Last completion to plug: a median of 27.8 years across the 1 well that filed both dates, with the middle half between 27.8 years and 27.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-22710358173,100 ftMar 1991Yes
42-22731100283,325 ftNov 1976Sep 2004Yes

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 (234)

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

234 months

Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
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 20050058.3413.80$0
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 20053045.226.31$136
Jan 200541043.166.32$1,770
Dec 200428039.866.75$1,116
Nov 200447045.286.33$2,128
Oct 200447049.706.52$2,336
Sep 20048043.245.28$346
Aug 200425042.375.55$1,059
Jul 200426038.286.08$995
Jun 20047036.106.43$253
May 200451037.486.49$1,911
Apr 200449034.475.86$1,689
Mar 200453034.365.53$1,821
Feb 200451032.455.51$1,655
Jan 200454032.036.30$1,730
Dec 200356030.266.30$1,695
Nov 200354028.804.60$1,555
Oct 200355028.174.76$1,549
Sep 200351026.314.75$1,342
Aug 200354029.765.13$1,607
Jul 2003104029.415.17$3,059
Jun 200348028.565.98$1,371
May 200338026.595.97$1,010
Apr 200336026.675.41$960
Mar 200347031.146.10$1,464
Feb 200333033.487.93$1,105
Jan 200344030.315.58$1,334
Dec 200260026.914.85$1,615
Nov 200262024.664.14$1,529
Oct 200250026.464.23$1,323
Sep 200254027.443.64$1,482
Aug 200248025.963.16$1,246
Jul 20020024.583.06$0
Jun 20022023.733.34$47
May 200237024.663.58$912
Apr 200283023.653.51$1,963
Mar 200297022.003.10$2,134
Feb 200285018.222.38$1,549
Jan 2002114017.172.38$1,957
Dec 200176016.932.36$1,287
Nov 200174018.072.41$1,337
Oct 200174019.782.53$1,464
Sep 200188024.262.25$2,135
Aug 200184024.873.05$2,089
Jul 200175023.933.20$1,795
Jun 200173024.563.82$1,793
May 200174025.524.31$1,888
Apr 200161024.685.34$1,505
Mar 200191024.545.38$2,233
Feb 200186027.755.77$2,387
Jan 2001145027.478.40$3,983
Dec 2000159026.889.12$4,274
Nov 2000158032.215.66$5,089
Oct 2000125031.235.15$3,904
Sep 2000113031.875.19$3,601
Aug 2000130029.644.54$3,853
Jul 2000133028.534.09$3,794
Jun 2000158029.304.40$4,629
May 2000139027.263.68$3,789
Apr 200086024.513.12$2,108
Mar 2000136028.422.86$3,865
Feb 2000130027.622.73$3,591
Jan 2000105025.272.48$2,653
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
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 19980012.592.08$0
Aug 199842111.301.91$477
Jul 199844111.742.24$519
Jun 199834111.242.24$384
May 199838112.622.21$482
Apr 199834113.042.51$446
Mar 199847112.802.31$604
Feb 199851213.952.30$716
Jan 199844114.702.15$649
Dec 199747116.322.41$769
Nov 199748118.193.09$876
Oct 199753119.253.15$1,023
Sep 199751117.742.95$908
Aug 199755217.862.55$987
Jul 199736117.582.25$635
Jun 199739117.242.26$675
May 199741118.972.31$780
Apr 199734117.882.08$610
Mar 199718018.951.94$341
Feb 19978020.492.21$164
Jan 199731123.483.54$731
Dec 199647123.32$1,096
Nov 199638121.97$835
Oct 199639323.31$909
Sep 199644322.22$978
Aug 199643420.26$871
Jul 199643319.55$841
Jun 199631218.73$581
May 199638219.43$738
Apr 199640121.51$860
Mar 199637219.38$717
Feb 199637016.98$628
Jan 199640017.07$683
Dec 199533217.19$567
Nov 199532116.00$512
Oct 199534115.43$525
Sep 199539116.18$631
Aug 199536115.92$573
Jul 199534115.24$518
Jun 199529116.41$476
May 199597117.56$1,703
Apr 1995114117.73$2,021
Mar 1995116116.44$1,907
Feb 199571116.58$1,177
Jan 199591115.92$1,449
Dec 199425115.03$376
Nov 199482115.90$1,304
Oct 199481115.58$1,262
Sep 199433115.29$505
Aug 199492116.13$1,484
Jul 1994110117.56$1,932
Jun 199492117.09$1,572
May 199499115.88$1,572
Apr 199479114.14$1,117
Mar 199483112.46$1,034
Feb 1994113112.50$1,413
Jan 1994132112.66$1,671
Dec 1993128112.33$1,578
Nov 1993147114.49$2,130
Oct 1993130115.85$2,061
Sep 1993153115.03$2,300
Aug 199381115.66$1,268
Jul 199359115.46$912
Jun 1993125116.79$2,099
May 1993117117.68$2,069
Apr 1993104118.05$1,877
Mar 1993147118.14$2,667
Feb 1993122117.90$2,184
Jan 1993138116.93$2,336

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.

Feb 2005 — as filed, then multipliedworked
Oil                    3 bbl  × $ 45.22 =       $136
Casinghead gas         0 Mcf  × $  6.31 =         $0

────────────────────────────────────────────────────
Month total                                     $136

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/24284 is the state's own key, not one this site invented.