SETTLES, W. R.

Operated by CONOCOPHILLIPS COMPANY (P-5 172232) in the HOWARD GLASSCOCK field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 2706District 08Field 42971001OilCasinghead gasSave
Value, all time
$51.5 M
Jan 1993 – Aug 2012
Value, last 12 filed months
$2.4 M
at the published price for each month
Months reported
236
no gaps in the span
Streams
2
oil, casinghead gas

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
OilDisposition1,355,133 bbl$51,367,769
Casinghead gasProduction59,176 Mcf$99,880
Total$51,467,648

38,648 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 (67)

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 32.1007, -101.4058. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.9 miles.

32.10057, -101.40530 · 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%
67 of 67 wells
With a plug date
50.7%
34 of 67 wells
Median depth
2,550 ft
60 wells filed one
Completion to plug
18.4 years
median over 24 wells

What the state filed about each well

On the RRC proration schedule
67100.0%
A plug date is filed
3450.7%
BothOn the schedule and plugged. Neither fact cancels the other.
3450.7%
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

0k
2k
4k
6k
8k
10k
12k
15k
20k+

Total depth in feet, 60 of 67 wells. Median 2,550 ft, with the middle half between 2,495 and 2,600 ft; the shallowest is 2,236 ft and the deepest 10,122 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

20s
30s
40s
50s
60s
70s
80s
90s
00s
10s
20s

Last completion by decade, 50 of 67 wells, Dec 1928 – Feb 2025. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Dec 1928 – Feb 2025
50 of 67 wells; 17 filed none
Plug dates filed
Apr 1971 – Mar 2015
34 of 67 wells; 33 filed none

Last completion to plug: a median of 18.4 years across the 24 wells that filed both dates, with the middle half between 10.0 years and 22.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

67 wells

42-227003812310,122 ftApr 2011Yes
42-227005498Yes
42-22700559102,380 ftApr 2011Yes
42-2270056812Yes
42-2270059317WS2,411 ftDec 1994Yes
42-22700599182,362 ftJul 1988Yes
42-22700635292,505 ftAug 1994Yes
42-2270064632Yes
42-22700651332,515 ftOct 1994Yes
42-2270065434Yes
42-2270067444Yes
42-227041977Yes
42-2270423462,440 ftApr 1971Yes
42-22704236162,236 ftDec 1979Yes
42-2270432952,414 ftApr 1971Yes
42-2273161865Yes
42-22731676682,600 ftMar 1993Yes
42-22730935602,600 ftFeb 2025Yes
42-22730927572,600 ftMar 2024Yes
42-22700604192,355 ftDec 2017Yes
42-22700642312,487 ftJul 2017Yes
42-22731620672,606 ftJan 2016Yes
42-22700607202,400 ftJan 2015Mar 2015Yes
42-22730839492,568 ftOct 2014Yes
42-22730930582,600 ftOct 2014Yes
42-22730921532,600 ftSep 2014Yes
42-22736483743,250 ftSep 2014Yes
42-22700623252,506 ftMay 2014Yes
42-22700576132,400 ftNov 2013Yes
42-22700619242,481 ftJun 2013Yes
42-22730920542,599 ftJul 2012Yes
42-22730926592,600 ftFeb 2012Yes
42-22731593632,600 ftOct 2011Yes
42-22700655352,575 ftSep 2011Yes
42-22736452733,239 ftJan 2011Yes
42-22700663392,545 ftOct 2010Yes
42-22730565482,550 ftFeb 1993Apr 1999Yes
42-22731617642,600 ftFeb 1991Yes
42-22700633282,541 ftJan 1991Feb 2015Yes
42-22732881702,600 ftJan 1991Mar 2011Yes
42-22700657362,582 ftAug 1990Yes
42-22734534722,450 ftMay 1990Yes
42-22700672432,575 ftMar 1989Aug 1998Yes
42-22700611212,530 ftApr 1988May 1996Yes
42-22733820712,700 ftSep 1985Aug 1996Yes
42-22700661382,535 ftOct 1984Yes
42-22700658372,539 ftOct 1984Yes
42-22700665402,545 ftOct 1984Oct 1999Yes
42-2270055592,390 ftOct 1984Dec 1994Yes
42-22700564112,360 ftOct 1984Aug 1992Yes
42-22700626262,500 ftOct 1984Jul 2004Yes
42-22700580142,555 ftJan 1983Aug 1992Yes
42-22700629272,510 ftSep 1979Aug 2003Yes
42-22731821692,495 ftApr 1979Dec 1994Yes
42-22731619662,600 ftJun 1978Yes
42-22731149622,625 ftApr 1977Jun 1995Yes
42-22731061612,600 ftSep 1976Yes
42-22730929552,600 ftJan 1976Aug 1994Yes
42-22730928562,600 ftJan 1976Dec 1994Yes
42-22730922522,600 ftJan 1976Aug 1996Yes
42-22730841512,550 ftSep 1975Yes
42-22730840502,555 ftSep 1975Mar 2009Yes
42-22730566472,550 ftNov 1973Jan 1996Yes
42-22710713452,886 ftDec 1968Mar 1979Yes
42-22700668412,571 ftJun 1955Jun 1994Yes
42-22700640302,495 ftJul 1954Oct 1994Yes
42-2270222742,500 ftDec 1928Jun 1992Yes

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 (236)

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

236 months

Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
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 201110,14310195.723.31$971,222
Oct 20119,68820284.983.65$824,023
Sep 20117,5258383.623.99$629,571
Aug 20116,5552183.404.15$546,774
Jul 20117,85519994.144.52$740,369
Jun 20117,32543092.904.64$682,488
May 20119,24515798.134.40$907,903
Apr 20118,52579105.964.33$903,651
Mar 20119,2999596.364.06$896,437
Feb 20119,8818085.644.18$846,543
Jan 20117,9796586.504.59$690,482
Dec 20107,1333185.734.35$611,647
Nov 20106,4921980.843.80$524,885
Oct 20106,692078.103.51$522,645
Sep 20106,102172.633.98$443,192
Aug 20106,35218273.684.42$468,820
Jul 20106,36510872.554.74$462,292
Jun 20106,08010470.364.91$428,299
May 20105,9163571.124.24$420,894
Apr 20105,277081.694.12$431,078
Mar 20105,482778.394.39$429,765
Feb 20105,259173.585.44$386,963
Jan 20105,248074.365.96$390,241
Dec 20094,8543371.445.48$346,951
Nov 20094,809674.593.75$358,726
Oct 20094,3299672.544.11$314,420
Sep 20094,9087665.543.06$321,903
Aug 20094,9066367.423.22$330,965
Jul 20094,5261361.133.46$276,719
Jun 20094,7502266.163.90$314,346
May 20094,9011154.743.93$268,324
Apr 20094,8844946.773.59$228,600
Mar 20095,01916042.144.06$212,150
Feb 20094,34513332.814.63$143,176
Jan 20095,0481535.865.37$181,102
Dec 20084,5984637.105.98$170,861
Nov 20084,2431955.496.86$235,574
Oct 20084,2531075.246.92$320,065
Sep 20084,46516101.767.88$454,484
Aug 20084,77469114.228.48$545,872
Jul 20084,242119131.0811.39$557,397
Jun 20083,98112131.3313.03$522,981
May 20084,20318123.1711.57$517,892
Apr 20084,30195110.3110.45$475,437
Mar 20084,41997101.909.66$451,234
Feb 20084,40519992.538.77$409,340
Jan 20084,48224490.388.21$407,085
Dec 20075,16018688.337.30$457,141
Nov 20074,73214691.677.29$434,847
Oct 20074,96818682.856.92$412,886
Sep 20074,78710475.846.24$363,695
Aug 20074,68712769.066.39$324,495
Jul 20074,88226470.906.39$347,820
Jun 20074,59521362.007.55$286,498
May 20074,71721858.747.85$278,787
Apr 20074,28816059.617.81$256,857
Mar 20074,66727256.927.30$267,632
Feb 20074,14619955.108.22$230,080
Jan 20074,47614150.306.73$226,091
Dec 20064,66326356.656.92$265,979
Nov 20064,52118854.207.62$246,470
Oct 20065,23923054.906.01$289,004
Sep 20065,09924160.085.04$307,562
Aug 20064,62014868.717.34$318,527
Jul 20065,14931169.376.34$359,159
Jun 20064,98533066.286.38$332,512
May 20065,28719166.016.42$350,222
Apr 20065,15920164.397.36$333,667
Mar 20063,62014256.707.08$206,260
Feb 20063,1378657.597.75$181,326
Jan 20065,66817360.598.93$344,970
Dec 20055,62913154.9413.42$311,015
Nov 20055,38112654.6910.59$295,621
Oct 20054,88913058.3413.80$287,018
Sep 20054,606061.4512.08$283,039
Aug 20054,591061.519.80$282,392
Jul 20054,868055.697.84$271,099
Jun 20054,721052.337.38$247,050
May 20055,915045.226.65$267,476
Apr 20055,4471949.207.36$268,132
Mar 20055,038250.377.15$253,778
Feb 20054,500045.226.31$203,490
Jan 20054,342543.166.32$187,432
Dec 20044,840439.866.75$192,949
Nov 20044,525045.286.33$204,892
Oct 20044,8875949.706.52$243,268
Sep 20045,45711943.245.28$236,589
Aug 20045,152042.375.55$218,290
Jul 20045,02210338.286.08$192,869
Jun 20045,2693936.106.43$190,462
May 20043,8443237.486.49$144,281
Apr 20043,750434.475.86$129,286
Mar 20043,949634.365.53$135,721
Feb 20043,5757132.455.51$116,400
Jan 20044,2657232.036.30$137,062
Dec 20034,1609830.266.30$126,499
Nov 20034,12310328.804.60$119,216
Oct 20033,85012528.174.76$109,049
Sep 20033,20811326.314.75$84,939
Aug 20034,3279629.765.13$129,264
Jul 20033,3749329.415.17$99,710
Jun 20033,18511428.565.98$91,646
May 20033,89812526.595.97$104,394
Apr 20033,99314326.675.41$107,267
Mar 20033,9785931.146.10$124,235
Feb 20033,67010533.487.93$123,704
Jan 20033,8359430.315.58$116,764
Dec 20023,7606326.914.85$101,487
Nov 20023,891024.664.14$95,952
Oct 20024,0715826.464.23$107,964
Sep 20024,48520627.443.64$123,817
Aug 20024,66427225.963.16$121,938
Jul 20024,3468124.583.06$107,073
Jun 20024,49518123.733.34$107,271
May 20025,37029624.663.58$133,485
Apr 20024,61814223.653.51$109,714
Mar 20024,22919022.003.10$93,628
Feb 20024,38719218.222.38$80,387
Jan 20024,93820217.172.38$85,265
Dec 20014,63814516.932.36$78,864
Nov 20014,5938018.072.41$83,188
Oct 20015,49829319.782.53$109,491
Sep 20015,25826224.262.25$128,149
Aug 20014,70023124.873.05$117,594
Jul 20015,29218623.933.20$127,232
Jun 20014,41727324.563.82$109,526
May 20014,8175425.524.31$123,162
Apr 20015,0892324.685.34$125,719
Mar 20014,77220024.545.38$118,180
Feb 20014,38423327.755.77$123,000
Jan 20014,34531227.478.40$121,978
Dec 20004,49813326.889.12$122,120
Nov 20004,35410232.215.66$140,819
Oct 20004,18815531.235.15$131,589
Sep 20004,686131.875.19$149,348
Aug 20004,9688029.644.54$147,615
Jul 20004,48110228.534.09$128,260
Jun 20005,12619429.304.40$151,045
May 20006,40816027.263.68$175,271
Apr 20005,2509424.513.12$128,970
Mar 20006,104128.422.86$173,479
Feb 20006,051127.622.73$167,131
Jan 20005,662125.272.48$143,081
Dec 19995,67814824.282.42$138,221
Nov 19995,87629823.192.43$136,990
Oct 19995,57330320.982.80$117,771
Sep 19995,09422521.752.62$111,384
Aug 19996,373119.262.88$122,747
Jul 19996,154117.892.37$110,097
Jun 19995,74126215.942.36$92,130
May 19996,39237515.792.32$101,800
Apr 19995,8647215.102.21$88,705
Mar 19995,5941212.471.84$69,779
Feb 19995,57719.981.82$55,660
Jan 19995,77922010.381.90$60,404
Dec 19985,9442489.201.77$55,125
Nov 19985,657110.892.19$61,607
Oct 19985,101112.421.97$63,356
Sep 19985,957112.592.08$75,001
Aug 19986,59534311.301.91$75,178
Jul 19986,04951411.742.24$72,165
Jun 19986,02936511.242.24$68,583
May 19986,71949112.622.21$85,877
Apr 19986,5302013.042.51$85,201
Mar 19986,70961112.802.31$87,286
Feb 19985,8302013.952.30$81,374
Jan 19986,7182014.702.15$98,798
Dec 19975,7822116.322.41$94,413
Nov 19975,9612118.193.09$108,495
Oct 19977,1262119.253.15$137,242
Sep 19976,9311717.742.95$123,006
Aug 19977,2061817.862.55$128,745
Jul 19977,3132117.582.25$128,610
Jun 19977,5982117.242.26$131,037
May 19977,9322118.972.31$150,519
Apr 19977,9822117.882.08$142,762
Mar 19977,7752118.951.94$147,377
Feb 19976,6332120.492.21$135,956
Jan 19976,3402123.483.54$148,938
Dec 19966,5462123.32$152,653
Nov 19966,1992121.97$136,192
Oct 19966,8352023.31$159,324
Sep 19967,1692122.22$159,295
Aug 19967,2322020.26$146,520
Jul 19967,6492019.55$149,538
Jun 19966,8572118.73$128,432
May 19967,0002019.43$136,010
Apr 19967,1002021.51$152,721
Mar 19966,7822019.38$131,435
Feb 19966,6722116.98$113,291
Jan 19967,0002117.07$119,490
Dec 19957,3672017.19$126,639
Nov 19957,3792016.00$118,064
Oct 19957,8382115.43$120,940
Sep 19958,0542016.18$130,314
Aug 19958,3041915.92$132,200
Jul 19958,4441915.24$128,687
Jun 19958,5971916.41$141,077
May 19958,7002017.56$152,772
Apr 19958,5462017.73$151,521
Mar 19958,7682016.44$144,146
Feb 19957,2751,56716.58$120,620
Jan 19957,3781,74015.92$117,458
Dec 19948,5491,76715.03$128,491
Nov 19947,7561,70615.90$123,320
Oct 19948,1791,71615.58$127,429
Sep 19948,4001,67715.29$128,436
Aug 19948,6761,73416.13$139,944
Jul 19949,0341,76717.56$158,637
Jun 19948,8561,71017.09$151,349
May 19949,4231,76415.88$149,637
Apr 19948,5231,70414.14$120,515
Mar 19948,6451,76112.46$107,717
Feb 19947,6701,59512.50$95,875
Jan 19949,2301,79412.66$116,852
Dec 199310,5471,79412.33$130,045
Nov 199310,3081,74014.49$149,363
Oct 19939,9111,78615.85$157,089
Sep 19939,7371,74015.03$146,347
Aug 19939,79889615.66$153,437
Jul 19938,88187515.46$137,300
Jun 19939,35987016.79$157,138
May 199310,36192917.68$183,182
Apr 199310,30289718.05$185,951
Mar 199310,54491618.14$191,268
Feb 19939,83783117.90$176,082
Jan 199312,59392816.93$213,199

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               10,143 bbl  × $ 95.72 =   $970,888
Casinghead gas       101 Mcf  × $  3.31 =       $334

────────────────────────────────────────────────────
Month total                                 $971,222

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/2706 is the state's own key, not one this site invented.