ARCO UNIVERSITY

Operated by WTG EXPLORATION (P-5 945220) in the BLOCK 11 (FUSSELMAN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 26752District 08Field 09230426Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$1.3 M
Jan 1993 – Feb 2011
Value, last 12 filed months
$60 k
at the published price for each month
Months reported
218
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 11 leases and 14 wells, and the rule below applies to all of them.

Discovered
1961-01-31
as the register files it
Field class
Oil
the register's own label
Between wells
1,320 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2007-07-17.

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: INTO MARTIN (CONSOLIDATED) EFFECTIVE 8/24/2010.

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
OilDisposition30,098 bbl$970,982
Casinghead gasProduction95,594 Mcf$317,956
Total$1,288,938

28,000 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 32.1598, -102.7648. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.15977, -102.76478 · 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
8,400 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 8,400 ft.

Completions filed
May 1981
1 of 1 wells

1 well

42-0033265538,400 ftMay 1981Yes

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 (218)

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

218 months

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 201019216073.684.42$14,854
Jul 20106631372.554.74$6,271
Jun 20106626770.364.91$5,955
May 201012235571.124.24$10,180
Apr 201012236281.694.12$11,459
Mar 201012934378.394.39$11,618
Feb 20106030673.585.44$6,080
Jan 201012522574.365.96$10,637
Dec 20096625771.445.48$6,124
Nov 200912532074.593.75$10,524
Oct 20096933572.544.11$6,382
Sep 200912434065.543.06$9,169
Aug 20096034167.423.22$5,143
Jul 200912330661.133.46$8,579
Jun 20096434266.163.90$5,566
May 200912634054.743.93$8,232
Apr 200912226546.773.59$6,657
Mar 2009688442.144.06$3,206
Feb 20091319532.814.63$4,738
Jan 20096528135.865.37$3,840
Dec 200813432237.105.98$6,896
Nov 20085821955.496.86$4,721
Oct 200812910975.246.92$10,460
Sep 2008128149101.767.88$14,199
Aug 200863362114.228.48$10,267
Jul 2008125321131.0811.39$20,041
Jun 2008117222131.3313.03$18,259
May 2008129284123.1711.57$19,176
Apr 200857173110.3110.45$8,096
Mar 2008124192101.909.66$14,491
Feb 200812211792.538.77$12,315
Jan 20086919890.388.21$7,861
Dec 200712530688.337.30$13,276
Nov 20076431891.677.29$8,186
Oct 200712432382.856.92$12,509
Sep 200712122975.846.24$10,607
Aug 200712832669.066.39$10,922
Jul 20076537370.906.39$6,991
Jun 20076522862.007.55$5,751
May 200712835158.747.85$10,273
Apr 200712932459.617.81$10,219
Mar 20076436056.927.30$6,272
Feb 200713327855.108.22$9,612
Jan 20075925950.306.73$4,710
Dec 200612833756.656.92$9,583
Nov 200612834754.207.62$9,581
Oct 20066735854.906.01$5,831
Sep 200613235760.085.04$9,729
Aug 200612439368.717.34$11,405
Jul 20066536669.376.34$6,831
Jun 200613430866.286.38$10,848
May 200613036966.016.42$10,952
Apr 20066337164.397.36$6,787
Mar 200613036756.707.08$9,970
Feb 20066534657.597.75$6,425
Jan 200612938260.598.93$11,229
Dec 200512930054.9413.42$11,112
Nov 20055834454.6910.59$6,814
Oct 200512838658.3413.80$12,793
Sep 200512225861.4512.08$10,613
Aug 20056427361.519.80$6,611
Jul 200514237655.697.84$10,857
Jun 20057741952.337.38$7,122
May 200513446845.226.65$9,172
Apr 200514644949.207.36$10,488
Mar 200514944750.377.15$10,703
Feb 200514939845.226.31$9,250
Jan 200515546443.166.32$9,623
Dec 20047642239.866.75$5,878
Nov 200415344345.286.33$9,732
Oct 200415038949.706.52$9,989
Sep 200414845743.245.28$8,814
Aug 20047643442.375.55$5,629
Jul 200414434038.286.08$7,581
Jun 200415147436.106.43$8,500
May 200414947937.486.49$8,695
Apr 200414245334.475.86$7,549
Mar 200414347734.365.53$7,551
Feb 20047841132.455.51$4,796
Jan 200423143032.036.30$10,108
Dec 20037740230.266.30$4,863
Nov 200315246228.804.60$6,501
Oct 200315441728.174.76$6,323
Sep 20037741426.314.75$3,992
Aug 200315345229.765.13$6,872
Jul 200315346929.415.17$6,925
Jun 200315146328.565.98$7,083
May 200315531226.595.97$5,985
Apr 200315331426.675.41$5,778
Mar 20037632231.146.10$4,330
Feb 200315730333.487.93$7,658
Jan 20037740530.315.58$4,595
Dec 200214645926.914.85$6,157
Nov 200215445424.664.14$5,676
Oct 200214747526.464.23$5,898
Sep 200215142127.443.64$5,674
Aug 20027534125.963.16$3,026
Jul 200213742824.583.06$4,678
Jun 200214842323.733.34$4,924
May 20027635724.663.58$3,154
Apr 200215346323.653.51$5,245
Mar 200214837022.003.10$4,404
Feb 20026841518.222.38$2,225
Jan 200215048217.172.38$3,721
Dec 200115648616.932.36$3,790
Nov 200115749218.072.41$4,021
Oct 20018143319.782.53$2,697
Sep 200115537724.262.25$4,609
Aug 200113239524.873.05$4,489
Jul 200115944123.933.20$5,215
Jun 200115444624.563.82$5,488
May 200116251225.524.31$6,340
Apr 20017449124.685.34$4,446
Mar 200115755924.545.38$6,858
Feb 200115549627.755.77$7,162
Jan 200116455327.478.40$9,150
Dec 200015752726.889.12$9,028
Nov 200015353632.215.66$7,961
Oct 200015754431.235.15$7,702
Sep 200013842931.875.19$6,623
Aug 200015247329.644.54$6,653
Jul 200018847728.534.09$7,314
Jun 200015052029.304.40$6,682
May 20007634127.263.68$3,327
Apr 200015754124.513.12$5,534
Mar 200015656628.422.86$6,052
Feb 200013852027.622.73$5,229
Jan 200023358125.272.48$7,329
Dec 199915456624.282.42$5,111
Nov 199912053023.192.43$4,073
Oct 199915659020.982.80$4,927
Sep 199921756521.752.62$6,199
Aug 199915455319.262.88$4,556
Jul 199915556517.892.37$4,113
Jun 199914650515.942.36$3,520
May 199914953415.792.32$3,592
Apr 199923658415.102.21$4,853
Mar 199915758112.471.84$3,026
Feb 19991545479.981.82$2,531
Jan 199916157110.381.90$2,756
Dec 19981535409.201.77$2,365
Nov 199814457010.892.19$2,814
Oct 199815357612.421.97$3,035
Sep 199815152912.592.08$3,003
Aug 199816953211.301.91$2,924
Jul 19987444111.742.24$1,855
Jun 199815448511.242.24$2,816
May 199815257612.622.21$3,189
Apr 199823357513.042.51$4,479
Mar 199815060812.802.31$3,324
Feb 199815655313.952.30$3,448
Jan 199815355614.702.15$3,447
Dec 199723257016.322.41$5,161
Nov 199715659718.193.09$4,681
Oct 199715656619.253.15$4,786
Sep 199723464917.742.95$6,069
Aug 199715561217.862.55$4,332
Jul 199715048717.582.25$3,731
Jun 199720451117.242.26$4,670
May 19977539618.972.31$2,337
Apr 199721557517.882.08$5,042
Mar 199715762218.951.94$4,181
Feb 199714552820.492.21$4,136
Jan 199722061823.483.54$7,353
Dec 199614449223.32$3,358
Nov 199613652321.97$2,988
Oct 199614442823.31$3,357
Sep 199619444322.22$4,311
Aug 199614039820.26$2,836
Jul 199614449119.55$2,815
Jun 199614855018.73$2,772
May 199636259819.43$7,034
Apr 1996056221.51$0
Mar 199614751119.38$2,849
Feb 199613652416.98$2,309
Jan 199620662617.07$3,516
Dec 199520766217.19$3,558
Nov 199514060916.00$2,240
Oct 199520963215.43$3,225
Sep 199526960116.18$4,352
Aug 19951041,47315.92$1,656
Jul 199513861815.24$2,103
Jun 199527051616.41$4,431
May 199513758817.56$2,406
Apr 199513559217.73$2,394
Mar 199513863216.44$2,269
Feb 199527557816.58$4,560
Jan 199514260715.92$2,261
Dec 199413963815.03$2,089
Nov 199420555915.90$3,260
Oct 199420263115.58$3,147
Sep 199413757715.29$2,095
Aug 199420264816.13$3,258
Jul 199426870317.56$4,706
Jun 199413663317.09$2,324
May 199433746915.88$5,352
Apr 199413470514.14$1,895
Mar 199420765612.46$2,579
Feb 199428048212.50$3,500
Jan 199413852112.66$1,747
Dec 1993251912.33$25
Nov 199313747914.49$1,985
Oct 199327853715.85$4,406
Sep 199313853715.03$2,074
Aug 199333559515.66$5,246
Jul 19936957515.46$1,067
Jun 199320961916.79$3,509
May 199335659917.68$6,294
Apr 199328253818.05$5,090
Mar 199313954618.14$2,521
Feb 199313945817.90$2,488
Jan 199314152216.93$2,387

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.

Aug 2010 — as filed, then multipliedworked
Oil                  192 bbl  × $ 73.68 =    $14,147
Casinghead gas       160 Mcf  × $  4.42 =       $707

────────────────────────────────────────────────────
Month total                                  $14,854

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/26752 is the state's own key, not one this site invented.