SETTLES, W. R. -B-

Name: SETTLES, W. R. -B- lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

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 2730District 08Field 42971001Hydrogen sulphide fieldOilCasinghead gasSave Export

Value, all time

$699 k

Jan 1993 – Oct 2016

Value, last 12 filed months

at the published price for each month

Months reported

286

no gaps in the span

Streams

oil, casinghead gas

The HOWARD GLASSCOCK field

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.

Stream	Basis	Volume	Value
Oil	Disposition	24,334 bbl	$697,808
Casinghead gas	Production	259 Mcf	$1,025
Total			$698,833

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 (2)

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 32.0964, -101.3752. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

32.09644, -101.37520 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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%

2 of 2 wells

With a plug date

0.0%

0 of 2 wells

Median depth

1,322 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

2100.0%

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 1,322 ft.

2 wells


42-22700929	2	1,322 ft	—	—	Yes
42-22701535	1	—	—	—	Yes

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 2016	0	0	46.19	3.09	$0
Sep 2016	0	0	41.55	3.10	$0
Aug 2016	0	0	41.44	2.92	$0
Jul 2016	0	0	41.62	2.92	$0
Jun 2016	0	0	45.35	2.69	$0
May 2016	0	0	42.52	1.99	$0
Apr 2016	0	0	36.56	1.99	$0
Mar 2016	0	0	33.01	1.79	$0
Feb 2016	0	0	26.47	2.06	$0
Jan 2016	0	0	27.35	2.36	$0
Dec 2015	0	0	32.36	2.00	$0
Nov 2015	0	0	38.79	2.17	$0
Oct 2015	0	0	43.55	2.43	$0
Sep 2015	0	0	42.99	2.76	$0
Aug 2015	0	0	40.16	2.87	$0
Jul 2015	0	0	48.15	2.95	$0
Jun 2015	0	0	56.15	2.88	$0
May 2015	0	0	55.21	2.96	$0
Apr 2015	0	0	49.82	2.71	$0
Mar 2015	0	0	42.89	2.93	$0
Feb 2015	0	0	44.66	2.98	$0
Jan 2015	0	0	43.43	3.10	$0
Dec 2014	0	0	54.69	3.59	$0
Nov 2014	0	0	70.46	4.25	$0
Oct 2014	0	0	78.30	3.90	$0
Sep 2014	0	0	86.16	4.05	$0
Aug 2014	15	1	89.39	4.04	$1,345
Jul 2014	15	1	96.56	4.18	$1,453
Jun 2014	13	1	98.16	4.74	$1,281
May 2014	16	1	94.73	4.73	$1,520
Apr 2014	15	1	95.94	4.81	$1,444
Mar 2014	13	1	95.89	5.06	$1,252
Feb 2014	7	1	97.40	6.19	$688
Jan 2014	12	1	90.40	4.86	$1,090
Dec 2013	12	1	91.82	4.35	$1,106
Nov 2013	11	1	88.85	3.74	$981
Oct 2013	14	1	97.42	3.78	$1,368
Sep 2013	13	1	104.11	3.72	$1,357
Aug 2013	58	1	104.25	3.52	$6,050
Jul 2013	13	1	102.52	3.72	$1,336
Jun 2013	12	1	94.40	3.93	$1,137
May 2013	12	1	94.83	4.15	$1,142
Apr 2013	14	1	93.96	4.28	$1,320
Mar 2013	13	1	93.62	3.91	$1,221
Feb 2013	11	1	91.23	3.42	$1,007
Jan 2013	12	1	91.60	3.42	$1,103
Dec 2012	13	1	86.77	3.42	$1,131
Nov 2012	13	1	86.95	3.62	$1,134
Oct 2012	15	1	89.38	3.40	$1,344
Sep 2012	13	1	94.67	2.92	$1,234
Aug 2012	11	1	92.66	2.91	$1,022
Jul 2012	11	1	85.13	3.02	$939
Jun 2012	15	1	79.82	2.52	$1,200
May 2012	22	1	91.61	2.49	$2,018
Apr 2012	15	1	101.65	2.00	$1,527
Mar 2012	14	1	105.05	2.22	$1,473
Feb 2012	14	1	101.10	2.57	$1,418
Jan 2012	15	1	98.09	2.73	$1,474
Dec 2011	15	1	96.87	3.24	$1,456
Nov 2011	16	1	95.72	3.31	$1,535
Oct 2011	23	1	84.98	3.65	$1,958
Sep 2011	15	1	83.62	3.99	$1,258
Aug 2011	15	1	83.40	4.15	$1,255
Jul 2011	16	1	94.14	4.52	$1,511
Jun 2011	21	1	92.90	4.64	$1,956
May 2011	15	1	98.13	4.40	$1,476
Apr 2011	14	1	105.96	4.33	$1,488
Mar 2011	23	1	96.36	4.06	$2,220
Feb 2011	8	1	85.64	4.18	$689
Jan 2011	14	1	86.50	4.59	$1,216
Dec 2010	19	1	85.73	4.35	$1,633
Nov 2010	22	1	80.84	3.80	$1,782
Oct 2010	16	1	78.10	3.51	$1,253
Sep 2010	16	1	72.63	3.98	$1,166
Aug 2010	14	1	73.68	4.42	$1,036
Jul 2010	13	1	72.55	4.74	$948
Jun 2010	12	1	70.36	4.91	$849
May 2010	13	1	71.12	4.24	$929
Apr 2010	12	1	81.69	4.12	$984
Mar 2010	14	1	78.39	4.39	$1,102
Feb 2010	11	1	73.58	5.44	$815
Jan 2010	11	1	74.36	5.96	$824
Dec 2009	13	1	71.44	5.48	$934
Nov 2009	13	1	74.59	3.75	$973
Oct 2009	12	1	72.54	4.11	$875
Sep 2009	13	1	65.54	3.06	$855
Aug 2009	12	1	67.42	3.22	$812
Jul 2009	11	1	61.13	3.46	$676
Jun 2009	12	1	66.16	3.90	$798
May 2009	12	1	54.74	3.93	$661
Apr 2009	13	1	46.77	3.59	$612
Mar 2009	12	1	42.14	4.06	$510
Feb 2009	12	1	32.81	4.63	$398
Jan 2009	12	1	35.86	5.37	$436
Dec 2008	12	1	37.10	5.98	$451
Nov 2008	11	1	55.49	6.86	$617
Oct 2008	11	1	75.24	6.92	$835
Sep 2008	14	1	101.76	7.88	$1,433
Aug 2008	12	1	114.22	8.48	$1,379
Jul 2008	13	1	131.08	11.39	$1,715
Jun 2008	14	1	131.33	13.03	$1,852
May 2008	18	1	123.17	11.57	$2,229
Apr 2008	16	1	110.31	10.45	$1,775
Mar 2008	18	1	101.90	9.66	$1,844
Feb 2008	15	1	92.53	8.77	$1,397
Jan 2008	15	1	90.38	8.21	$1,364
Dec 2007	15	1	88.33	7.30	$1,332
Nov 2007	14	1	91.67	7.29	$1,291
Oct 2007	10	1	82.85	6.92	$835
Sep 2007	16	1	75.84	6.24	$1,220
Aug 2007	18	1	69.06	6.39	$1,249
Jul 2007	17	1	70.90	6.39	$1,212
Jun 2007	100	1	62.00	7.55	$6,208
May 2007	74	1	58.74	7.85	$4,355
Apr 2007	97	1	59.61	7.81	$5,790
Mar 2007	91	1	56.92	7.30	$5,187
Feb 2007	81	1	55.10	8.22	$4,471
Jan 2007	78	1	50.30	6.73	$3,930
Dec 2006	77	1	56.65	6.92	$4,369
Nov 2006	56	1	54.20	7.62	$3,043
Oct 2006	90	1	54.90	6.01	$4,947
Sep 2006	72	1	60.08	5.04	$4,331
Aug 2006	77	1	68.71	7.34	$5,298
Jul 2006	96	1	69.37	6.34	$6,666
Jun 2006	76	1	66.28	6.38	$5,044
May 2006	91	1	66.01	6.42	$6,013
Apr 2006	87	1	64.39	7.36	$5,609
Mar 2006	121	1	56.70	7.08	$6,868
Feb 2006	31	1	57.59	7.75	$1,793
Jan 2006	97	1	60.59	8.93	$5,886
Dec 2005	86	1	54.94	13.42	$4,738
Nov 2005	91	1	54.69	10.59	$4,987
Oct 2005	90	1	58.34	13.80	$5,264
Sep 2005	89	1	61.45	12.08	$5,481
Aug 2005	98	1	61.51	9.80	$6,038
Jul 2005	97	1	55.69	7.84	$5,410
Jun 2005	97	1	52.33	7.38	$5,083
May 2005	97	1	45.22	6.65	$4,393
Apr 2005	86	1	49.20	7.36	$4,239
Mar 2005	85	1	50.37	7.15	$4,289
Feb 2005	101	1	45.22	6.31	$4,574
Jan 2005	118	1	43.16	6.32	$5,099
Dec 2004	114	1	39.86	6.75	$4,551
Nov 2004	113	1	45.28	6.33	$5,123
Oct 2004	107	1	49.70	6.52	$5,324
Sep 2004	92	1	43.24	5.28	$3,983
Aug 2004	118	1	42.37	5.55	$5,005
Jul 2004	109	1	38.28	6.08	$4,179
Jun 2004	120	1	36.10	6.43	$4,338
May 2004	115	1	37.48	6.49	$4,317
Apr 2004	109	1	34.47	5.86	$3,763
Mar 2004	124	1	34.36	5.53	$4,266
Feb 2004	119	1	32.45	5.51	$3,867
Jan 2004	130	1	32.03	6.30	$4,170
Dec 2003	134	1	30.26	6.30	$4,061
Nov 2003	143	1	28.80	4.60	$4,123
Oct 2003	138	1	28.17	4.76	$3,892
Sep 2003	131	1	26.31	4.75	$3,451
Aug 2003	134	1	29.76	5.13	$3,993
Jul 2003	132	1	29.41	5.17	$3,887
Jun 2003	130	1	28.56	5.98	$3,719
May 2003	114	1	26.59	5.97	$3,037
Apr 2003	124	1	26.67	5.41	$3,312
Mar 2003	130	1	31.14	6.10	$4,054
Feb 2003	120	1	33.48	7.93	$4,026
Jan 2003	120	1	30.31	5.58	$3,643
Dec 2002	133	1	26.91	4.85	$3,584
Nov 2002	129	1	24.66	4.14	$3,185
Oct 2002	128	1	26.46	4.23	$3,391
Sep 2002	128	1	27.44	3.64	$3,516
Aug 2002	145	1	25.96	3.16	$3,767
Jul 2002	135	1	24.58	3.06	$3,321
Jun 2002	121	1	23.73	3.34	$2,875
May 2002	137	1	24.66	3.58	$3,382
Apr 2002	128	1	23.65	3.51	$3,031
Mar 2002	143	1	22.00	3.10	$3,149
Feb 2002	125	1	18.22	2.38	$2,280
Jan 2002	126	1	17.17	2.38	$2,166
Dec 2001	150	1	16.93	2.36	$2,542
Nov 2001	34	1	18.07	2.41	$617
Oct 2001	113	1	19.78	2.53	$2,238
Sep 2001	117	1	24.26	2.25	$2,841
Aug 2001	107	1	24.87	3.05	$2,664
Jul 2001	116	1	23.93	3.20	$2,779
Jun 2001	151	1	24.56	3.82	$3,712
May 2001	100	1	25.52	4.31	$2,556
Apr 2001	92	1	24.68	5.34	$2,276
Mar 2001	144	1	24.54	5.38	$3,539
Feb 2001	97	1	27.75	5.77	$2,698
Jan 2001	140	1	27.47	8.40	$3,854
Dec 2000	151	1	26.88	9.12	$4,068
Nov 2000	103	1	32.21	5.66	$3,323
Oct 2000	147	1	31.23	5.15	$4,596
Sep 2000	142	1	31.87	5.19	$4,531
Aug 2000	141	1	29.64	4.54	$4,184
Jul 2000	181	1	28.53	4.09	$5,168
Jun 2000	137	1	29.30	4.40	$4,019
May 2000	193	1	27.26	3.68	$5,265
Apr 2000	190	1	24.51	3.12	$4,660
Mar 2000	243	1	28.42	2.86	$6,909
Feb 2000	238	1	27.62	2.73	$6,576
Jan 2000	243	1	25.27	2.48	$6,143
Dec 1999	300	1	24.28	2.42	$7,286
Nov 1999	140	1	23.19	2.43	$3,249
Oct 1999	103	1	20.98	2.80	$2,164
Sep 1999	46	1	21.75	2.62	$1,003
Aug 1999	96	1	19.26	2.88	$1,852
Jul 1999	51	1	17.89	2.37	$915
Jun 1999	48	1	15.94	2.36	$767
May 1999	103	1	15.79	2.32	$1,629
Apr 1999	51	1	15.10	2.21	$772
Mar 1999	48	1	12.47	1.84	$600
Feb 1999	51	1	9.98	1.82	$511
Jan 1999	99	1	10.38	1.90	$1,030
Dec 1998	47	1	9.20	1.77	$434
Nov 1998	53	1	10.89	2.19	$579
Oct 1998	96	1	12.42	1.97	$1,194
Sep 1998	48	1	12.59	2.08	$606
Aug 1998	95	1	11.30	1.91	$1,075
Jul 1998	97	1	11.74	2.24	$1,141
Jun 1998	97	1	11.24	2.24	$1,093
May 1998	47	1	12.62	2.21	$595
Apr 1998	97	1	13.04	2.51	$1,267
Mar 1998	103	1	12.80	2.31	$1,321
Feb 1998	97	1	13.95	2.30	$1,355
Jan 1998	44	1	14.70	2.15	$649
Dec 1997	86	1	16.32	2.41	$1,406
Nov 1997	95	1	18.19	3.09	$1,731
Oct 1997	99	1	19.25	3.15	$1,909
Sep 1997	52	1	17.74	2.95	$925
Aug 1997	187	1	17.86	2.55	$3,342
Jul 1997	182	1	17.58	2.25	$3,202
Jun 1997	137	1	17.24	2.26	$2,364
May 1997	135	1	18.97	2.31	$2,563
Apr 1997	187	1	17.88	2.08	$3,346
Mar 1997	93	1	18.95	1.94	$1,764
Feb 1997	141	1	20.49	2.21	$2,891
Jan 1997	178	1	23.48	3.54	$4,183
Dec 1996	140	1	23.32	—	$3,265
Nov 1996	196	1	21.97	—	$4,306
Oct 1996	187	1	23.31	—	$4,359
Sep 1996	177	1	22.22	—	$3,933
Aug 1996	187	1	20.26	—	$3,789
Jul 1996	226	1	19.55	—	$4,418
Jun 1996	178	1	18.73	—	$3,334
May 1996	128	1	19.43	—	$2,487
Apr 1996	142	1	21.51	—	$3,054
Mar 1996	188	1	19.38	—	$3,643
Feb 1996	141	1	16.98	—	$2,394
Jan 1996	145	1	17.07	—	$2,475
Dec 1995	132	1	17.19	—	$2,269
Nov 1995	137	1	16.00	—	$2,192
Oct 1995	180	1	15.43	—	$2,777
Sep 1995	138	1	16.18	—	$2,233
Aug 1995	180	1	15.92	—	$2,866
Jul 1995	135	1	15.24	—	$2,057
Jun 1995	182	1	16.41	—	$2,987
May 1995	179	1	17.56	—	$3,143
Apr 1995	128	1	17.73	—	$2,269
Mar 1995	184	1	16.44	—	$3,025
Feb 1995	147	1	16.58	—	$2,437
Jan 1995	189	1	15.92	—	$3,009
Dec 1994	138	1	15.03	—	$2,074
Nov 1994	188	1	15.90	—	$2,989
Oct 1994	185	1	15.58	—	$2,882
Sep 1994	188	1	15.29	—	$2,875
Aug 1994	146	1	16.13	—	$2,355
Jul 1994	190	1	17.56	—	$3,336
Jun 1994	186	1	17.09	—	$3,179
May 1994	137	1	15.88	—	$2,176
Apr 1994	192	1	14.14	—	$2,715
Mar 1994	243	1	12.46	—	$3,028
Feb 1994	142	1	12.50	—	$1,775
Jan 1994	197	0	12.66	—	$2,494
Dec 1993	196	1	12.33	—	$2,417
Nov 1993	151	1	14.49	—	$2,188
Oct 1993	235	1	15.85	—	$3,725
Sep 1993	193	1	15.03	—	$2,901
Aug 1993	186	1	15.66	—	$2,913
Jul 1993	244	1	15.46	—	$3,772
Jun 1993	288	1	16.79	—	$4,836
May 1993	279	1	17.68	—	$4,933
Apr 1993	234	1	18.05	—	$4,224
Mar 1993	247	1	18.14	—	$4,481
Feb 1993	196	1	17.90	—	$3,508
Jan 1993	337	1	16.93	—	$5,705

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 2014 — as filed, then multipliedworked

Oil                   15 bbl  × $ 89.39 =     $1,341
Casinghead gas         1 Mcf  × $  4.04 =         $4

────────────────────────────────────────────────────
Month total                                   $1,345

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/2730 is the state's own key, not one this site invented.