REID

Operated by SCYTHIAN, LTD. (P-5 760599) in the COAHOMA, N. (FUSSEL) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 25415District 08Field 19113750Hydrogen sulphide fieldNGPA filingOilCasinghead gasSaveExport
Value, all time
$672 k
Jan 1993 – May 2003
Value, last 12 filed months
$0
at the published price for each month
Months reported
125
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 39 leases and 69 wells, and the rule below applies to all of them.

Discovered
1969-05-12
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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.

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
NGPA2none

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
OilDisposition19,614 bbl$362,497
Casinghead gasProduction187,164 Mcf$309,815
Total$672,312

87,086 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 32.3244, -101.2663. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

32.32444, -101.26634 · 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
100.0%
2 of 2 wells
Median depth
8,943 ft
2 wells filed one
Completion to plug
19.2 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 8,936 and 8,950 ft, median 8,943 ft, over the 2 wells that filed a depth.

Completions filed
May 1979 – Jan 1980
2 of 2 wells
Plug dates filed
Aug 1994 – Feb 2003
2 of 2 wells

Last completion to plug: a median of 19.2 years across the 2 wells that filed both dates, with the middle half between 16.9 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

42-2273188928,950 ftJan 1980Aug 1994Yes
42-2273186918,936 ftMay 1979Feb 2003Yes

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 (125)

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

125 months

May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
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 20021791,04324.663.58$8,152
Apr 20021831,41823.653.51$9,308
Mar 20021891,53922.003.10$8,933
Feb 20021831,18218.222.38$6,142
Jan 200201,51917.172.38$3,609
Dec 20011761,37216.932.36$6,224
Nov 20011781,45918.072.41$6,726
Oct 20011761,49619.782.53$7,264
Sep 20011771,49724.262.25$7,664
Aug 200101,62024.873.05$4,946
Jul 200101,21923.933.20$3,897
Jun 20011771,49924.563.82$10,080
May 20011701,47725.524.31$10,700
Apr 200101,48524.685.34$7,923
Mar 20011801,50224.545.38$12,493
Feb 20011831,36327.755.77$12,939
Jan 20011771,52027.478.40$17,628
Dec 20001781,54826.889.12$18,906
Nov 200011,50832.215.66$8,564
Oct 20001751,60631.235.15$13,729
Sep 20001731,58331.875.19$13,724
Aug 20001791,66129.644.54$12,848
Jul 20001781,67228.534.09$11,916
Jun 20001801,73129.304.40$12,886
May 200001,54927.263.68$5,700
Apr 20001831,57224.513.12$9,384
Mar 20001831,69328.422.86$10,042
Feb 20001851,69827.622.73$9,739
Jan 20001901,52225.272.48$8,577
Dec 19991861,25224.282.42$7,551
Nov 199911,62023.192.43$3,966
Oct 19991761,73820.982.80$8,565
Sep 19991801,53621.752.62$7,938
Aug 19991941,82819.262.88$8,993
Jul 19993462,29017.892.37$11,623
Jun 19990015.942.36$0
May 1999060915.792.32$1,414
Apr 19991791,52615.102.21$6,072
Mar 19991791,57212.471.84$5,122
Feb 199901,4309.981.82$2,599
Jan 19991791,57310.381.90$4,847
Dec 19981791,5489.201.77$4,392
Nov 19981781,53310.892.19$5,289
Oct 19981761,60412.421.97$5,345
Sep 19981751,63012.592.08$5,598
Aug 199841,73211.301.91$3,349
Jul 19981771,72311.742.24$5,933
Jun 199831,64911.242.24$3,723
May 19981831,68812.622.21$6,034
Apr 19981771,63813.042.51$6,412
Mar 19981861,61512.802.31$6,111
Feb 19981841,46713.952.30$5,940
Jan 199801,65014.702.15$3,555
Dec 19973691,63716.322.41$9,969
Nov 199701,63418.193.09$5,046
Oct 19971851,76119.253.15$9,108
Sep 19971831,76117.742.95$8,450
Aug 19971801,89217.862.55$8,048
Jul 19971821,49917.582.25$6,568
Jun 19971881,76517.242.26$7,225
May 19971811,31418.972.31$6,467
Apr 199701,58017.882.08$3,291
Mar 19973811,80818.951.94$10,726
Feb 199711,65820.492.21$3,678
Jan 19971931,76523.483.54$10,779
Dec 19961841,77923.32$4,291
Nov 19961691,76821.97$3,713
Oct 19961821,79923.31$4,242
Sep 19961941,74622.22$4,311
Aug 19961811,77120.26$3,667
Jul 19963691,77819.55$7,214
Jun 19961891,67418.73$3,540
May 199601,71519.43$0
Apr 19961871,65721.51$4,022
Mar 19961971,59719.38$3,818
Feb 19961921,17016.98$3,260
Jan 1996801,71417.07$1,366
Dec 19951991,69517.19$3,421
Nov 19952001,70116.00$3,200
Oct 19951861,80415.43$2,870
Sep 19952031,78416.18$3,285
Aug 19952051,84315.92$3,264
Jul 19951881,78815.24$2,865
Jun 19951861,77516.41$3,052
May 19951961,75517.56$3,442
Apr 19952041,70617.73$3,617
Mar 19951971,79816.44$3,239
Feb 19951911,62816.58$3,167
Jan 19951911,84115.92$3,041
Dec 19942041,84615.03$3,066
Nov 19941881,83415.90$2,989
Oct 19941841,89615.58$2,867
Sep 19943731,73815.29$5,703
Aug 19941881,86116.13$3,032
Jul 19941791,80017.56$3,143
Jun 19941931,89017.09$3,298
May 19941961,89015.88$3,112
Apr 19941871,81514.14$2,644
Mar 19943631,71012.46$4,523
Feb 199401,51412.50$0
Jan 19943711,90012.66$4,697
Dec 19931871,80912.33$2,306
Nov 19931781,85614.49$2,579
Oct 19935422,10015.85$8,591
Sep 199301,90215.03$0
Aug 19933702,21315.66$5,794
Jul 19931802,19515.46$2,783
Jun 19931852,07916.79$3,106
May 19931702,15117.68$3,006
Apr 19933671,95218.05$6,624
Mar 19931821,97818.14$3,301
Feb 19933732,08117.90$6,677
Jan 19933661,79016.93$6,196

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.

May 2002 — as filed, then multipliedworked
Oil                  179 bbl  × $ 24.66 =     $4,414
Casinghead gas     1,043 Mcf  × $  3.58 =     $3,738

────────────────────────────────────────────────────
Month total                                   $8,152

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/25415 is the state's own key, not one this site invented.