LECK -A-

Operated by TEXACO E & P INC. (P-5 844118) in the HENDRICK field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 2606District 08Field 40406001Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$673 k
Jan 1993 – Oct 1996
Value, last 12 filed months
$118 k
at the published price for each month
Months reported
46
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 195 leases and 577 wells, and the rule below applies to all of them.

Discovered
1926-12-31
as the register files it
Field class
Oil and gas
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 field rule took effect on 1992-08-01.

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: FIELD EXEMPT FROM FACTOR.

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
OilDisposition41,417 bbl$672,614
Casinghead gasProduction61 Mcf$0
Total$672,614

61 Mcf of this lease's gas, across 42 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 (4)

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 31.8621, -103.1613. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

31.86152, -103.16162 · 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%
4 of 4 wells
With a plug date
100.0%
4 of 4 wells
Median depth
2,819 ft
4 wells filed one
Completion to plug
26.0 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
4100.0%
A plug date is filed
4100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
4100.0%
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 2,765 and 2,900 ft, median 2,819 ft, over the 4 wells that filed a depth.

Completions filed
May 1962 – Oct 1976
2 of 4 wells; 2 filed none
Plug dates filed
Sep 1993 – Sep 1996
4 of 4 wells

Last completion to plug: a median of 26.0 years across the 2 wells that filed both dates, with the middle half between 21.8 years and 30.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

4 wells

42-4950463022,765 ftSep 1993Yes
42-4950463712,785 ftSep 1996Yes
42-49530476112,900 ftOct 1976Jun 1994Yes
42-4950483910D2,852 ftMay 1962Sep 1996Yes

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 (46)

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

46 months

Oct 19960023.31$0
Sep 199622022.22$489
Aug 199635020.26$709
Jul 1996619119.55$12,101
Jun 1996742118.73$13,898
May 1996732119.43$14,223
Apr 1996746121.51$16,046
Mar 1996738119.38$14,302
Feb 1996527116.98$8,948
Jan 1996729117.07$12,444
Dec 1995753117.19$12,944
Nov 1995714116.00$11,424
Oct 1995716115.43$11,048
Sep 1995736116.18$11,908
Aug 1995735115.92$11,701
Jul 1995564115.24$8,595
Jun 1995735116.41$12,061
May 1995570117.56$10,009
Apr 1995695117.73$12,322
Mar 1995570116.44$9,371
Feb 1995782116.58$12,966
Jan 1995766115.92$12,195
Dec 1994610115.03$9,168
Nov 1994745115.90$11,846
Oct 1994196115.58$3,054
Sep 1994835015.29$12,767
Aug 1994598216.13$9,646
Jul 1994799217.56$14,030
Jun 1994775217.09$13,245
May 1994614215.88$9,750
Apr 1994612214.14$8,654
Mar 1994635212.46$7,912
Feb 1994768212.50$9,600
Jan 1994987212.66$12,495
Dec 19932,305212.33$28,421
Nov 19931,754214.49$25,415
Oct 19931,927215.85$30,543
Sep 19931,495215.03$22,470
Aug 19931,661215.66$26,011
Jul 19931,537215.46$23,762
Jun 19931,188216.79$19,947
May 19931,253117.68$22,153
Apr 19931,354218.05$24,440
Mar 19931,566218.14$28,407
Feb 19931,898217.90$33,974
Jan 19932,079216.93$35,197

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.

Sep 1996 — as filed, then multipliedworked
Oil                   22 bbl  × $ 22.22 =       $489
Casinghead gas         0 Mcf  ×  no price            —

────────────────────────────────────────────────────
Month total                                     $489

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/2606 is the state's own key, not one this site invented.