CLAY, H. R. -C-

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 25450District 08Field 42971332Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$1.4 M
Jan 1993 – May 2012
Value, last 12 filed months
$21 k
at the published price for each month
Months reported
233
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
OilDisposition35,940 bbl$1,365,285
Casinghead gasProduction944 Mcf$283
Total$1,365,568

826 Mcf of this lease's gas, across 38 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 32.0926, -101.3167. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.09262, -101.31675 · 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
3,100 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 3,100 ft.

Completions filed
Mar 1979
1 of 1 wells

1 well

42-2271067683,100 ftMar 1979Yes

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 (233)

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

233 months

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 201171095.723.31$6,796
Oct 201164084.983.65$5,439
Sep 201129083.623.99$2,425
Aug 201124083.404.15$2,002
Jul 201141094.144.52$3,860
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 201145085.644.18$3,854
Jan 201174086.504.59$6,401
Dec 201080085.734.35$6,858
Nov 201086080.843.80$6,952
Oct 201063078.103.51$4,920
Sep 2010171072.633.98$12,420
Aug 2010178073.684.42$13,115
Jul 2010165072.554.74$11,971
Jun 2010126070.364.91$8,865
May 2010132071.124.24$9,388
Apr 2010134081.694.12$10,946
Mar 2010139078.394.39$10,896
Feb 201050073.585.44$3,679
Jan 201074074.365.96$5,503
Dec 2009225071.445.48$16,074
Nov 2009201074.593.75$14,993
Oct 2009139072.544.11$10,083
Sep 2009129065.543.06$8,455
Aug 2009131067.423.22$8,832
Jul 2009143061.133.46$8,742
Jun 2009141066.163.90$9,329
May 2009150054.743.93$8,211
Apr 2009135046.773.59$6,314
Mar 2009141042.144.06$5,942
Feb 2009132032.814.63$4,331
Jan 2009121035.865.37$4,339
Dec 2008123037.105.98$4,563
Nov 2008154055.496.86$8,545
Oct 2008179075.246.92$13,468
Sep 20081820101.767.88$18,520
Aug 20081570114.228.48$17,933
Jul 2008520131.0811.39$6,816
Jun 20081630131.3313.03$21,407
May 20081800123.1711.57$22,171
Apr 20081550110.3110.45$17,098
Mar 20081370101.909.66$13,960
Feb 2008119092.538.77$11,011
Jan 2008184090.388.21$16,630
Dec 2007251088.337.30$22,171
Nov 2007265091.677.29$24,293
Oct 2007233082.856.92$19,304
Sep 2007217075.846.24$16,457
Aug 2007215069.066.39$14,848
Jul 2007218070.906.39$15,456
Jun 2007180062.007.55$11,160
May 2007250058.747.85$14,685
Apr 2007201059.617.81$11,982
Mar 2007248056.927.30$14,116
Feb 2007115055.108.22$6,337
Jan 200783050.306.73$4,175
Dec 2006142056.656.92$8,044
Nov 200654054.207.62$2,927
Oct 2006168054.906.01$9,223
Sep 2006136060.085.04$8,171
Aug 2006163068.717.34$11,200
Jul 2006211069.376.34$14,637
Jun 2006184066.286.38$12,196
May 2006222066.016.42$14,654
Apr 2006207064.397.36$13,329
Mar 2006185056.707.08$10,490
Feb 2006228057.597.75$13,131
Jan 2006285060.598.93$17,268
Dec 2005326054.9413.42$17,910
Nov 2005354054.6910.59$19,360
Oct 2005171058.3413.80$9,976
Sep 200533061.4512.08$2,028
Aug 200598061.519.80$6,028
Jul 2005214055.697.84$11,918
Jun 2005207052.337.38$10,832
May 2005215045.226.65$9,722
Apr 2005195049.207.36$9,594
Mar 2005343050.377.15$17,277
Feb 2005354045.226.31$16,008
Jan 2005189043.166.32$8,157
Dec 2004128039.866.75$5,102
Nov 2004217045.286.33$9,826
Oct 2004177049.706.52$8,797
Sep 2004219043.245.28$9,470
Aug 2004244042.375.55$10,338
Jul 2004244038.286.08$9,340
Jun 2004314036.106.43$11,335
May 2004327037.486.49$12,256
Apr 2004292034.475.86$10,065
Mar 2004276034.365.53$9,483
Feb 2004119032.455.51$3,862
Jan 2004261032.036.30$8,360
Dec 2003101030.266.30$3,056
Nov 2003211028.804.60$6,077
Oct 2003199028.174.76$5,606
Sep 2003194026.314.75$5,104
Aug 2003146029.765.13$4,345
Jul 2003171029.415.17$5,029
Jun 2003180028.565.98$5,141
May 2003176026.595.97$4,680
Apr 2003251026.675.41$6,694
Mar 2003125031.146.10$3,893
Feb 200362033.487.93$2,076
Jan 2003115030.315.58$3,486
Dec 2002117026.914.85$3,148
Nov 2002111024.664.14$2,737
Oct 2002118026.464.23$3,122
Sep 2002111027.443.64$3,046
Aug 2002108025.963.16$2,804
Jul 2002118024.583.06$2,900
Jun 200246023.733.34$1,092
May 2002136024.663.58$3,354
Apr 2002135023.653.51$3,193
Mar 2002193022.003.10$4,246
Feb 2002155018.222.38$2,824
Jan 2002150017.172.38$2,576
Dec 200146016.932.36$779
Nov 200143018.072.41$777
Oct 200166019.782.53$1,305
Sep 200161024.262.25$1,480
Aug 200174024.873.05$1,840
Jul 200156023.933.20$1,340
Jun 200145024.563.82$1,105
May 200159025.524.31$1,506
Apr 200133024.685.34$814
Mar 20010024.545.38$0
Feb 200179027.755.77$2,192
Jan 2001107027.478.40$2,939
Dec 200093026.889.12$2,500
Nov 2000148032.215.66$4,767
Oct 2000154031.235.15$4,809
Sep 2000140031.875.19$4,462
Aug 2000138029.644.54$4,090
Jul 2000135028.534.09$3,852
Jun 2000121029.304.40$3,545
May 2000137027.263.68$3,735
Apr 2000146024.513.12$3,578
Mar 2000170028.422.86$4,831
Feb 200056027.622.73$1,547
Jan 20000025.272.48$0
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 1999120212.471.84$1,500
Feb 199912439.981.82$1,243
Jan 1999126210.381.90$1,312
Dec 199812609.201.77$1,159
Nov 1998144010.892.19$1,568
Oct 1998149512.421.97$1,860
Sep 1998140512.592.08$1,773
Aug 1998150511.301.91$1,705
Jul 1998157511.742.24$1,854
Jun 1998147511.242.24$1,663
May 1998172512.622.21$2,182
Apr 1998167513.042.51$2,190
Mar 1998149412.802.31$1,916
Feb 1998189613.952.30$2,650
Jan 1998174614.702.15$2,571
Dec 1997179516.322.41$2,933
Nov 1997170518.193.09$3,108
Oct 1997185519.253.15$3,577
Sep 1997178517.742.95$3,172
Aug 1997175517.862.55$3,138
Jul 1997185617.582.25$3,266
Jun 1997176617.242.26$3,048
May 1997185318.972.31$3,516
Apr 1997185617.882.08$3,320
Mar 1997184318.951.94$3,493
Feb 1997164320.492.21$3,367
Jan 1997197823.483.54$4,654
Dec 1996194323.32$4,524
Nov 1996165321.97$3,625
Oct 19961811323.31$4,219
Sep 19961791322.22$3,977
Aug 19961801520.26$3,647
Jul 19961861419.55$3,636
Jun 19961881418.73$3,521
May 1996187819.43$3,633
Apr 1996189521.51$4,065
Mar 1996198819.38$3,837
Feb 1996200116.98$3,396
Jan 1996207017.07$3,533
Dec 19952081017.19$3,576
Nov 1995222916.00$3,552
Oct 19952321015.43$3,580
Sep 1995210016.18$3,398
Aug 1995246015.92$3,916
Jul 1995284015.24$4,328
Jun 1995274016.41$4,496
May 19950017.56$0
Apr 19950017.73$0
Mar 19950016.44$0
Feb 19950016.58$0
Jan 19958015.92$127
Dec 19941523115.03$2,285
Nov 19941473015.90$2,337
Oct 19943923115.58$6,107
Sep 19942683015.29$4,098
Aug 19942933116.13$4,726
Jul 19943113117.56$5,461
Jun 19942873017.09$4,905
May 19941823115.88$2,890
Apr 19941533014.14$2,163
Mar 19941823112.46$2,268
Feb 19941632812.50$2,038
Jan 19941683112.66$2,127
Dec 19931633112.33$2,010
Nov 19931823014.49$2,637
Oct 1993289115.85$4,581
Sep 19932963015.03$4,449
Aug 19932533115.66$3,962
Jul 19932873115.46$4,437
Jun 19932753016.79$4,617
May 19934423117.68$7,815
Apr 19934373018.05$7,888
Mar 19934363118.14$7,909
Feb 19933862817.90$6,909
Jan 19934283116.93$7,246

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.

Nov 2011 — as filed, then multipliedworked
Oil                   71 bbl  × $ 95.72 =     $6,796
Casinghead gas         0 Mcf  × $  3.31 =         $0

────────────────────────────────────────────────────
Month total                                   $6,796

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/25450 is the state's own key, not one this site invented.