ARMSTRONG, E.

Operated by CODA ENERGY, INC. (P-5 164448) in the ANDREWS (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 274District 08Field 02725750Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$630 k
Jan 1993 – Dec 1995
Value, last 12 filed months
$200 k
at the published price for each month
Months reported
36
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 43 leases and 136 wells, and the rule below applies to all of them.

Discovered
1953-07-06
as the register files it
Field class
Oil
the register's own label
Between wells
1,120 ft
minimum
From a lease line
560 ft
minimum

A drilling unit in this field needs at least 40 acres.

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: PENN.) FD 02725760

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
OilDisposition39,478 bbl$630,495
Casinghead gasProduction52,477 Mcf$0
Total$630,495

52,477 Mcf of this lease's gas, across 33 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 32.3396, -102.5842. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

32.33965, -102.58422 · 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%
2 of 2 wells
With a plug date
50.0%
1 of 2 wells
Median depth
9,225 ft
2 wells filed one
Completion to plug
1 well filed both, dated out of order

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
150.0%
BothOn the schedule and plugged. Neither fact cancels the other.
150.0%
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 9,150 and 9,300 ft, median 9,225 ft, over the 2 wells that filed a depth.

Completions filed
Aug 2010
1 of 2 wells; 1 filed none
Plug dates filed
Dec 1984
1 of 2 wells; 1 filed none

Last completion to plug: no median is published. 1 well on this lease filed both dates, and on that one the last completion is dated after the plug date, so there is no interval to take a median of. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-0030680659,150 ftYes
42-0030680219,300 ftAug 2010Dec 1984Yes

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 (36)

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

36 months

Dec 19950017.19$0
Nov 19950016.00$0
Oct 19950015.43$0
Sep 19951,5151,60716.18$24,513
Aug 19951,3691,83115.92$21,794
Jul 19959281,80515.24$14,143
Jun 19951,3951,76816.41$22,892
May 19951,3131,57817.56$23,056
Apr 19951,4011,69317.73$24,840
Mar 19951,4131,74116.44$23,230
Feb 19951,3841,60716.58$22,947
Jan 19951,4131,62215.92$22,495
Dec 19941,4141,64515.03$21,252
Nov 19941,4061,53815.90$22,355
Oct 19949241,29615.58$14,396
Sep 19941,3971,57715.29$21,360
Aug 19941,3901,63516.13$22,421
Jul 19949111,48317.56$15,997
Jun 19941,3871,71517.09$23,704
May 19944561,59415.88$7,241
Apr 19941,3401,23214.14$18,948
Mar 19944691,17012.46$5,844
Feb 19949401,39312.50$11,750
Jan 19941,4171,56412.66$17,939
Dec 19939261,70712.33$11,418
Nov 19938981,54914.49$13,012
Oct 19931,3731,72915.85$21,762
Sep 19939291,66515.03$13,963
Aug 19939231,90215.66$14,454
Jul 19931,3931,94615.46$21,536
Jun 19931,3862,02416.79$23,271
May 19931,4041,96417.68$24,823
Apr 19931,3871,88218.05$25,035
Mar 19931,4131,99918.14$25,632
Feb 199394448917.90$16,898
Jan 199392052716.93$15,576

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 1995 — as filed, then multipliedworked
Oil                1,515 bbl  × $ 16.18 =    $24,513
Casinghead gas     1,607 Mcf  ×  no price            —

────────────────────────────────────────────────────
Month total                                  $24,513

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/274 is the state's own key, not one this site invented.