SETTLES, W. R. -A-

Operated by TAYLOR TWO ENERGY, LLC (P-5 837430) 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 2729District 08Field 42971001Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$3.7 M
Jan 1993 – Oct 2016
Value, last 12 filed months
$0
at the published price for each month
Months reported
286
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 285 leases and 3,948 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
400 ft
minimum
From a lease line
200 ft
minimum

A drilling unit in this field needs at least 5 acres. The field rule took effect on 2008-07-28.

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: HOWARD GLASSCOCK (CONSOLIDATED), EFFECTIVE 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
OilDisposition92,238 bbl$3,727,680
Casinghead gasProduction260 Mcf$1,029
Total$3,728,709

47 Mcf of this lease's gas, across 47 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 (3)

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 32.0978, -101.3783. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

32.09745, -101.37828 · 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%
3 of 3 wells
With a plug date
33.3%
1 of 3 wells
Median depth
1,319 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
3100.0%
A plug date is filed
133.3%
BothOn the schedule and plugged. Neither fact cancels the other.
133.3%
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 1,319 ft.

Completions filed
Dec 1969 – Jan 1989
3 of 3 wells

3 wells

42-227315773Jan 1989Yes
42-227802491Jan 1989Yes
42-227015362W1,319 ftDec 19691972Yes

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 (286)

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

286 months

Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140186.164.05$4
Aug 2014292189.394.04$26,106
Jul 2014281196.564.18$27,138
Jun 2014254198.164.74$24,937
May 2014294194.734.73$27,855
Apr 2014285195.944.81$27,348
Mar 2014264195.895.06$25,320
Feb 2014138197.406.19$13,447
Jan 2014229190.404.86$20,706
Dec 2013243191.824.35$22,317
Nov 2013218188.853.74$19,373
Oct 2013262197.423.78$25,528
Sep 20132431104.113.72$25,302
Aug 20131761104.253.52$18,352
Jul 20131401102.523.72$14,357
Jun 2013220194.403.93$20,772
May 2013232194.834.15$22,005
Apr 2013275193.964.28$25,843
Mar 2013241193.623.91$22,566
Feb 2013209191.233.42$19,070
Jan 2013226191.603.42$20,705
Dec 2012238186.773.42$20,655
Nov 2012260186.953.62$22,611
Oct 2012278189.383.40$24,851
Sep 2012242194.672.92$22,913
Aug 2012207192.662.91$19,184
Jul 2012215185.133.02$18,306
Jun 2012280179.822.52$22,352
May 2012407191.612.49$37,288
Apr 20122851101.652.00$28,972
Mar 20122711105.052.22$28,471
Feb 20122591101.102.57$26,187
Jan 2012286198.092.73$28,056
Dec 2011293196.873.24$28,386
Nov 2011301195.723.31$28,815
Oct 2011444184.983.65$37,735
Sep 2011284183.623.99$23,752
Aug 2011282183.404.15$23,523
Jul 2011296194.144.52$27,870
Jun 2011413192.904.64$38,372
May 2011291198.134.40$28,560
Apr 20112691105.964.33$28,508
Mar 2011439196.364.06$42,306
Feb 2011139185.644.18$11,908
Jan 2011284186.504.59$24,571
Dec 2010373185.734.35$31,982
Nov 2010410180.843.80$33,148
Oct 2010300178.103.51$23,434
Sep 2010290172.633.98$21,067
Aug 2010270173.684.42$19,898
Jul 2010238172.554.74$17,272
Jun 2010233170.364.91$16,399
May 2010249171.124.24$17,713
Apr 2010233181.694.12$19,038
Mar 2010267178.394.39$20,935
Feb 2010209173.585.44$15,384
Jan 2010210174.365.96$15,622
Dec 2009254171.445.48$18,151
Nov 2009242174.593.75$18,055
Oct 2009226172.544.11$16,398
Sep 2009249165.543.06$16,323
Aug 2009246167.423.22$16,589
Jul 2009205161.133.46$12,535
Jun 2009217166.163.90$14,361
May 2009228154.743.93$12,485
Apr 2009229146.773.59$10,714
Mar 2009238142.144.06$10,033
Feb 2009221132.814.63$7,256
Jan 2009242135.865.37$8,683
Dec 2008226137.105.98$8,391
Nov 2008208155.496.86$11,549
Oct 2008209175.246.92$15,732
Sep 20082591101.767.88$26,364
Aug 20082221114.228.48$25,365
Jul 20082331131.0811.39$30,553
Jun 20082501131.3313.03$32,846
May 20083401123.1711.57$41,889
Apr 20083091110.3110.45$34,096
Mar 20083441101.909.66$35,063
Feb 2008274192.538.77$25,362
Jan 2008282190.388.21$25,495
Dec 2007278188.337.30$24,563
Nov 2007268191.677.29$24,575
Oct 2007190182.856.92$15,748
Sep 2007294175.846.24$22,303
Aug 2007348169.066.39$24,039
Jul 2007327170.906.39$23,191
Jun 2007301162.007.55$18,670
May 2007221158.747.85$12,989
Apr 2007290159.617.81$17,295
Mar 2007275156.927.30$15,660
Feb 2007246155.108.22$13,563
Jan 2007236150.306.73$11,878
Dec 2006233156.656.92$13,206
Nov 2006170154.207.62$9,222
Oct 2006271154.906.01$14,884
Sep 2006216160.085.04$12,982
Aug 2006232168.717.34$15,948
Jul 2006287169.376.34$19,916
Jun 2006227166.286.38$15,052
May 2006274166.016.42$18,093
Apr 2006261164.397.36$16,813
Mar 2006363156.707.08$20,589
Feb 200692157.597.75$5,306
Jan 2006290160.598.93$17,580
Dec 2005257154.9413.42$14,133
Nov 2005275154.6910.59$15,050
Oct 2005272158.3413.80$15,882
Sep 2005268161.4512.08$16,481
Aug 2005294161.519.80$18,094
Jul 2005290155.697.84$16,158
Jun 2005293152.337.38$15,340
May 2005292145.226.65$13,211
Apr 2005256149.207.36$12,603
Mar 2005258150.377.15$13,003
Feb 2005301145.226.31$13,618
Jan 2005354143.166.32$15,285
Dec 2004344139.866.75$13,719
Nov 2004339145.286.33$15,356
Oct 2004318149.706.52$15,811
Sep 2004275143.245.28$11,896
Aug 2004355142.375.55$15,047
Jul 2004325138.286.08$12,447
Jun 2004361136.106.43$13,039
May 2004344137.486.49$12,900
Apr 2004326134.475.86$11,243
Mar 2004373134.365.53$12,822
Feb 2004357132.455.51$11,590
Jan 2004390132.036.30$12,498
Dec 2003404130.266.30$12,231
Nov 2003428128.804.60$12,331
Oct 2003414128.174.76$11,667
Sep 2003391126.314.75$10,292
Aug 2003401129.765.13$11,939
Jul 2003399129.415.17$11,740
Jun 2003388128.565.98$11,087
May 2003344126.595.97$9,153
Apr 2003374126.675.41$9,980
Mar 2003393131.146.10$12,244
Feb 2003359133.487.93$12,027
Jan 2003362130.315.58$10,978
Dec 2002400126.914.85$10,769
Nov 2002389124.664.14$9,597
Oct 2002381126.464.23$10,085
Sep 2002384127.443.64$10,541
Aug 2002435125.963.16$11,296
Jul 2002407124.583.06$10,007
Jun 2002364123.733.34$8,641
May 2002410124.663.58$10,114
Apr 2002384123.653.51$9,085
Mar 2002429122.003.10$9,441
Feb 2002376118.222.38$6,853
Jan 2002376117.172.38$6,458
Dec 2001449116.932.36$7,604
Nov 2001354118.072.41$6,399
Oct 2001342119.782.53$6,767
Sep 2001351124.262.25$8,518
Aug 2001322124.873.05$8,011
Jul 2001347123.933.20$8,307
Jun 2001452124.563.82$11,105
May 2001301125.524.31$7,686
Apr 2001275124.685.34$6,792
Mar 2001431124.545.38$10,582
Feb 2001292127.755.77$8,109
Jan 2001419127.478.40$11,518
Dec 2000453126.889.12$12,186
Nov 2000308132.215.66$9,926
Oct 2000442131.235.15$13,809
Sep 2000426131.875.19$13,582
Aug 2000423129.644.54$12,542
Jul 2000543128.534.09$15,496
Jun 2000410129.304.40$12,017
May 2000580127.263.68$15,814
Apr 2000569124.513.12$13,949
Mar 2000731128.422.86$20,778
Feb 2000712127.622.73$19,668
Jan 2000731125.272.48$18,475
Dec 1999900124.282.42$21,854
Nov 1999422123.192.43$9,789
Oct 1999307120.982.80$6,444
Sep 1999139121.752.62$3,026
Aug 1999288119.262.88$5,550
Jul 1999152117.892.37$2,722
Jun 1999145115.942.36$2,314
May 1999311115.792.32$4,913
Apr 1999154115.102.21$2,328
Mar 1999144112.471.84$1,798
Feb 199915419.981.82$1,539
Jan 1999298110.381.90$3,095
Dec 199814319.201.77$1,317
Nov 1998158110.892.19$1,723
Oct 1998288112.421.97$3,579
Sep 1998146112.592.08$1,840
Aug 1998287111.301.91$3,245
Jul 1998293111.742.24$3,442
Jun 1998292111.242.24$3,284
May 1998141112.622.21$1,782
Apr 1998292113.042.51$3,810
Mar 1998310112.802.31$3,970
Feb 1998292113.952.30$4,076
Jan 1998132114.702.15$1,943
Dec 1997258116.322.41$4,213
Nov 1997284118.193.09$5,169
Oct 1997299119.253.15$5,759
Sep 1997158117.742.95$2,806
Aug 1997563117.862.55$10,058
Jul 1997547117.582.25$9,619
Jun 1997412117.242.26$7,105
May 1997406118.972.31$7,704
Apr 1997562117.882.08$10,051
Mar 1997281118.951.94$5,327
Feb 1997424120.492.21$8,690
Jan 1997535123.483.54$12,565
Dec 1996419123.32$9,771
Nov 1996587121.97$12,896
Oct 1996560123.31$13,054
Sep 1996533122.22$11,843
Aug 1996562120.26$11,386
Jul 1996677119.55$13,235
Jun 1996531118.73$9,946
May 1996384119.43$7,461
Apr 1996425121.51$9,142
Mar 1996567119.38$10,988
Feb 1996424116.98$7,200
Jan 1996433117.07$7,391
Dec 1995398117.19$6,842
Nov 1995413116.00$6,608
Oct 1995539115.43$8,317
Sep 1995414116.18$6,699
Aug 1995541115.92$8,613
Jul 1995408115.24$6,218
Jun 1995546116.41$8,960
May 1995536117.56$9,412
Apr 1995383117.73$6,791
Mar 1995554116.44$9,108
Feb 1995443116.58$7,345
Jan 1995562115.92$8,947
Dec 1994419115.03$6,298
Nov 1994565115.90$8,984
Oct 1994556115.58$8,662
Sep 1994563115.29$8,608
Aug 1994439116.13$7,081
Jul 1994569117.56$9,992
Jun 1994558117.09$9,536
May 1994411115.88$6,527
Apr 1994578114.14$8,173
Mar 1994730112.46$9,096
Feb 1994427112.50$5,338
Jan 1994590012.66$7,469
Dec 1993588112.33$7,250
Nov 1993452114.49$6,549
Oct 1993705115.85$11,174
Sep 1993579115.03$8,702
Aug 1993557115.66$8,723
Jul 1993732115.46$11,317
Jun 1993865116.79$14,523
May 1993875117.68$15,470
Apr 1993701118.05$12,653
Mar 1993740118.14$13,424
Feb 1993589117.90$10,543
Jan 19931,012116.93$17,133

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 2014 — as filed, then multipliedworked
Oil                    0 bbl  × $ 86.16 =         $0
Casinghead gas         1 Mcf  × $  4.05 =         $4

────────────────────────────────────────────────────
Month total                                       $4

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/2729 is the state's own key, not one this site invented.