PRICE, CURTIS

Operated by WTG EXPLORATION (P-5 945220) in the AZALEA (DEVONIAN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 24502District 08Field 04605222NGPA filingOilCasinghead gasSaveExport
Value, all time
$112 k
Jan 1993 – Dec 2007
Value, last 12 filed months
$12 k
at the published price for each month
Months reported
180
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 244 leases and 262 wells, and the rule below applies to all of them.

Discovered
1957-03-02
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
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2002-03-01.

The Commission's schedule remark for this field reads: PSUEDO RULES FRO HORIZONTALS

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
OilDisposition3,018 bbl$64,902
Casinghead gasProduction46,086 Mcf$47,471
Total$112,373

31,807 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 (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 32.0261, -101.9422. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.02612, -101.94216 · 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
11,590 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 11,590 ft.

Completions filed
May 2007
1 of 1 wells

1 well

42-32901964111,590 ftMay 2007Yes

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 (180)

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

180 months

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 200717070.906.39$1,205
Jun 2007180062.007.55$11,160
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 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040145.286.33$6
Oct 20040149.706.52$7
Sep 20040943.245.28$48
Aug 200401242.375.55$67
Jul 20040838.286.08$49
Jun 200401736.106.43$109
May 200401637.486.49$104
Apr 20040334.475.86$18
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20031030.266.30$30
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20031029.765.13$30
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 200306931.146.10$421
Feb 2003012633.487.93$999
Jan 2003014830.315.58$826
Dec 2002021826.914.85$1,058
Nov 200205424.664.14$223
Oct 2002012326.464.23$520
Sep 2002011427.443.64$414
Aug 2002018725.963.16$592
Jul 2002023524.583.06$720
Jun 200215621323.733.34$4,413
May 2002224324.663.58$920
Apr 2002127223.653.51$979
Mar 2002027722.003.10$859
Feb 2002026918.222.38$639
Jan 2002133617.172.38$815
Dec 2001037016.932.36$875
Nov 200120133518.072.41$4,438
Oct 2001112219.782.53$328
Sep 2001019124.262.25$430
Aug 2001024324.873.05$742
Jul 2001012223.933.20$390
Jun 200107224.563.82$275
May 2001031225.524.31$1,344
Apr 2001019224.685.34$1,024
Mar 2001017824.545.38$957
Feb 2001016527.755.77$952
Jan 2001021327.478.40$1,789
Dec 2000022026.889.12$2,007
Nov 2000013832.215.66$781
Oct 200027715131.235.15$9,428
Sep 2000018731.875.19$970
Aug 2000022229.644.54$1,008
Jul 2000023828.534.09$973
Jun 2000022129.304.40$972
May 2000023927.263.68$879
Apr 2000021724.513.12$676
Mar 2000021028.422.86$601
Feb 2000021327.622.73$581
Jan 2000022025.272.48$546
Dec 1999021124.282.42$511
Nov 1999019923.192.43$484
Oct 1999022820.982.80$639
Sep 1999128621.752.62$771
Aug 1999127919.262.88$822
Jul 1999125217.892.37$616
Jun 19990015.942.36$0
May 199922210715.792.32$3,754
Apr 1999126815.102.21$607
Mar 1999127412.471.84$516
Feb 199912559.981.82$474
Jan 1999134810.381.90$672
Dec 19982959.201.77$187
Nov 1998227810.892.19$629
Oct 1998227712.421.97$570
Sep 1998113412.592.08$292
Aug 1998116211.301.91$320
Jul 1998119711.742.24$452
Jun 1998117711.242.24$407
May 1998113612.622.21$313
Apr 19983313.042.51$47
Mar 19981012.802.31$13
Feb 19982013.952.30$28
Jan 19981714.702.15$30
Dec 19973016.322.41$49
Nov 19972748718.193.09$5,253
Oct 1997112619.253.15$416
Sep 1997120317.742.95$618
Aug 199718817.862.55$243
Jul 199713017.582.25$85
Jun 199717617.242.26$189
May 1997119518.972.31$469
Apr 1997128617.882.08$614
Mar 199722018.951.94$77
Feb 199725120.492.21$153
Jan 199711,00223.483.54$3,570
Dec 199601,15423.32$0
Nov 199611,27821.97$22
Oct 19961321,24323.31$3,077
Sep 1996056322.22$0
Aug 1996144720.26$20
Jul 1996052019.55$0
Jun 1996064718.73$0
May 1996148619.43$19
Apr 199611,40321.51$22
Mar 199601,67319.38$0
Feb 1996037316.98$0
Jan 1996043417.07$0
Dec 199519443417.19$3,335
Nov 1995061116.00$0
Oct 1995046315.43$0
Sep 1995043116.18$0
Aug 1995146615.92$16
Jul 1995051915.24$0
Jun 199525156316.41$4,119
May 1995179617.56$18
Apr 1995086717.73$0
Mar 1995040616.44$0
Feb 1995039616.58$0
Jan 1995052315.92$0
Dec 1994054415.03$0
Nov 199420878615.90$3,307
Oct 1994076915.58$0
Sep 1994046815.29$0
Aug 1994048816.13$0
Jul 1994154117.56$18
Jun 199424556917.09$4,187
May 1994064615.88$0
Apr 1994147514.14$14
Mar 1994057712.46$0
Feb 199430751612.50$3,838
Jan 1994062212.66$0
Dec 1993065012.33$0
Nov 1993065914.49$0
Oct 1993057215.85$0
Sep 1993155615.03$15
Aug 1993159315.66$16
Jul 1993166915.46$15
Jun 1993161916.79$17
May 199329579817.68$5,216
Apr 1993069118.05$0
Mar 1993078318.14$0
Feb 1993078917.90$0
Jan 1993073116.93$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.

Jul 2007 — as filed, then multipliedworked
Oil                   17 bbl  × $ 70.90 =     $1,205
Casinghead gas         0 Mcf  × $  6.39 =         $0

────────────────────────────────────────────────────
Month total                                   $1,205

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/24502 is the state's own key, not one this site invented.