WINDHAM -37-

Operated by ATLANTIC OPERATING, INC. (P-5 36546) in the PARKS (SPRABERRY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 27480District 08Field 69233664NGPA filingOilCasinghead gasSaveExport
Value, all time
$3.6 M
Jan 1993 – Jul 2009
Value, last 12 filed months
$212 k
at the published price for each month
Months reported
199
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 65 leases and 175 wells, and the rule below applies to all of them.

Discovered
1957-06-06
as the register files it
Field class
Oil
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

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

The Commission's schedule remark for this field reads: PARKS (CONSOLIDATED) EFF. 3/11/09.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
OilDisposition92,975 bbl$2,796,850
Casinghead gasProduction246,367 Mcf$788,419
Total$3,585,269

80,713 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 (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 31.7418, -102.1129. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

31.74185, -102.11292 · 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
9,525 ft
2 wells filed one
Completion to plug
21.9 years
median over 1 well

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 9,450 and 9,600 ft, median 9,525 ft, over the 2 wells that filed a depth.

Completions filed
Apr 1982 – Jan 1991
2 of 2 wells
Plug dates filed
Dec 2012
1 of 2 wells; 1 filed none

Last completion to plug: a median of 21.9 years across the 1 well that filed both dates, with the middle half between 21.9 years and 21.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-3293228429,600 ftJan 1991Dec 2012Yes
42-3293106219,450 ftApr 1982Yes

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 (199)

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

199 months

Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 200961590242.144.06$29,577
Feb 200945574132.814.63$18,362
Jan 200936266435.865.37$16,548
Dec 200817855137.105.98$9,897
Nov 200817949955.496.86$13,356
Oct 200835969775.246.92$31,836
Sep 2008590521101.767.88$64,142
Aug 2008183867114.228.48$28,257
Jul 2008364935131.0811.39$58,362
Jun 2008362900131.3313.03$59,271
May 2008526987123.1711.57$76,211
Apr 2008356792110.3110.45$47,551
Mar 2008352804101.909.66$43,639
Feb 200835275592.538.77$39,192
Jan 200834559290.388.21$36,039
Dec 200717667488.337.30$20,468
Nov 200735379291.677.29$38,135
Oct 200743897082.856.92$43,003
Sep 200725262875.846.24$23,033
Aug 200735363969.066.39$28,460
Jul 200725871870.906.39$22,879
Jun 200735360762.007.55$26,468
May 200726681458.747.85$22,012
Apr 200735780759.617.81$27,580
Mar 200753589256.927.30$36,966
Feb 200717971555.108.22$15,737
Jan 200744475350.306.73$27,399
Dec 200635186656.656.92$25,876
Nov 200643974754.207.62$29,484
Oct 200635289654.906.01$24,713
Sep 200634787360.085.04$25,245
Aug 200644298268.717.34$37,578
Jul 200636099969.376.34$31,310
Jun 20065221,03466.286.38$41,199
May 200626591166.016.42$23,346
Apr 20062651,00464.397.36$24,453
Mar 20065311,05156.707.08$37,552
Feb 200635274857.597.75$26,070
Jan 200626285660.598.93$23,522
Dec 200552686554.9413.42$40,503
Nov 200535856054.6910.59$25,509
Oct 200526786558.3413.80$27,510
Sep 200552272061.4512.08$40,774
Aug 20054351,01061.519.80$36,652
Jul 20054471,02355.697.84$32,917
Jun 200535487452.337.38$24,976
May 200535397145.226.65$22,421
Apr 200544496249.207.36$28,926
Mar 20056231,03250.377.15$38,764
Feb 2005052945.226.31$3,339
Jan 200535767443.166.32$19,669
Dec 200435779539.866.75$19,597
Nov 200435987545.286.33$21,795
Oct 20044391,04649.706.52$28,633
Sep 200435497643.245.28$20,464
Aug 20044521,13842.375.55$25,468
Jul 20044401,18738.286.08$24,065
Jun 20045321,18736.106.43$26,841
May 20044451,35637.486.49$25,485
Apr 20045351,27534.475.86$25,911
Mar 20046261,33134.365.53$28,870
Feb 200417979432.455.51$10,183
Jan 200416988632.036.30$10,995
Dec 200327798130.266.30$14,564
Nov 20033601,10828.804.60$15,459
Oct 200327597428.174.76$12,383
Sep 20032751,18526.314.75$12,863
Aug 20035331,34029.765.13$22,736
Jul 20033591,29629.415.17$17,260
Jun 20034441,23028.565.98$20,040
May 20031771,12026.595.97$11,396
Apr 20034471,21626.675.41$18,497
Mar 20033571,22231.146.10$18,566
Feb 20034531,12233.487.93$24,059
Jan 20032741,23530.315.58$15,199
Dec 20024401,27426.914.85$18,024
Nov 20023591,24924.664.14$14,020
Oct 20024441,32226.464.23$17,339
Sep 20024451,35527.443.64$17,137
Aug 20024501,33225.963.16$15,897
Jul 20024311,43424.583.06$14,985
Jun 20023571,40923.733.34$13,175
May 20025141,41424.663.58$17,743
Apr 20024471,41323.653.51$15,534
Mar 20024471,40922.003.10$14,206
Feb 20024201,28518.222.38$10,705
Jan 20023521,35217.172.38$9,256
Dec 20014941,35016.932.36$11,555
Nov 20015091,37418.072.41$12,503
Oct 20015031,46219.782.53$13,647
Sep 20014261,45824.262.25$13,617
Aug 20015901,60124.873.05$19,561
Jul 20013341,41823.933.20$12,526
Jun 20014151,56224.563.82$16,166
May 20015771,61025.524.31$21,660
Apr 20014951,51224.685.34$20,284
Mar 20015201,36524.545.38$20,100
Feb 20014281,26227.755.77$19,155
Jan 20013611,23027.478.40$20,247
Dec 20003511,03926.889.12$18,913
Nov 20003461,06632.215.66$17,176
Oct 20003261,19631.235.15$16,335
Sep 20004131,32831.875.19$20,050
Aug 20003201,26429.644.54$15,224
Jul 20003941,39728.534.09$16,954
Jun 20004941,40529.304.40$20,652
May 20004181,45127.263.68$16,734
Apr 20004961,27724.513.12$16,136
Mar 20004861,30828.422.86$17,553
Feb 20004961,28427.622.73$17,200
Jan 20004041,14325.272.48$13,044
Dec 19994211,25324.282.42$13,259
Nov 19995101,33223.192.43$15,069
Oct 19994081,34220.982.80$12,322
Sep 19994181,38621.752.62$12,721
Aug 19994851,44819.262.88$13,505
Jul 19994931,47717.892.37$12,324
Jun 19994701,42315.942.36$10,853
May 19994861,13915.792.32$10,318
Apr 19994931,32515.102.21$10,370
Mar 19995041,38912.471.84$8,838
Feb 19994191,1609.981.82$6,290
Jan 19995611,31110.381.90$8,314
Dec 19984011,2649.201.77$5,931
Nov 19984961,34710.892.19$8,346
Oct 19986551,45112.421.97$10,992
Sep 19984191,42712.592.08$8,247
Aug 19985841,52811.301.91$9,514
Jul 19986421,51911.742.24$10,935
Jun 19986671,40211.242.24$10,634
May 19983301,31212.622.21$7,059
Apr 19984721,07213.042.51$8,841
Mar 19982531,11612.802.31$5,816
Feb 19985831,25313.952.30$11,014
Jan 19984051,16614.702.15$8,466
Dec 19976751,34416.322.41$14,257
Nov 19971671,25718.193.09$6,920
Oct 19975851,35319.253.15$15,523
Sep 19974971,43517.742.95$13,057
Aug 19975781,62617.862.55$14,477
Jul 19974101,36017.582.25$10,264
Jun 19975051,38217.242.26$11,826
May 19975211,59118.972.31$13,556
Apr 19976871,63817.882.08$15,695
Mar 19975231,41618.951.94$12,657
Feb 19973491,18720.492.21$9,769
Jan 19975081,47023.483.54$17,131
Dec 19967701,45823.32$17,956
Nov 19965521,53221.97$12,127
Oct 19964911,14623.31$11,445
Sep 19966461,38322.22$14,354
Aug 19963231,41520.26$6,544
Jul 19968221,60119.55$16,070
Jun 19963621,54918.73$6,780
May 19966761,55619.43$13,135
Apr 19967011,33721.51$15,079
Mar 19964681,37919.38$9,070
Feb 19966071,23116.98$10,307
Jan 19964921,42517.07$8,398
Dec 19956761,58117.19$11,620
Nov 19956881,55616.00$11,008
Oct 19954941,66515.43$7,622
Sep 19957561,61616.18$12,232
Aug 19957231,79615.92$11,510
Jul 19957341,72815.24$11,186
Jun 199554689416.41$8,960
May 19958641,61117.56$15,172
Apr 19957941,68017.73$14,078
Mar 19955131,35016.44$8,434
Feb 19953581,40216.58$5,936
Jan 19956601,55515.92$10,507
Dec 19945681,17715.03$8,537
Nov 19945691,57915.90$9,047
Oct 19947471,79215.58$11,638
Sep 19945842,11815.29$8,929
Aug 19946921,74616.13$11,162
Jul 19948852,43317.56$15,541
Jun 19944821,76017.09$8,237
May 19946381,64815.88$10,131
Apr 19947092,12414.14$10,025
Mar 19948651,82812.46$10,778
Feb 19946541,64412.50$8,175
Jan 19946431,74612.66$8,140
Dec 19931,0331,87012.33$12,737
Nov 19936561,78614.49$9,505
Oct 19936112,10815.85$9,684
Sep 19937911,98815.03$11,889
Aug 19934441,90015.66$6,953
Jul 19938111,88515.46$12,538
Jun 19935061,50716.79$8,496
May 19938651,95917.68$15,293
Apr 19936852,60918.05$12,364
Mar 19939172,80718.14$16,634
Feb 19939261,74717.90$16,575
Jan 19938621,50616.93$14,594

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.

Mar 2009 — as filed, then multipliedworked
Oil                  615 bbl  × $ 42.14 =    $25,916
Casinghead gas       902 Mcf  × $  4.06 =     $3,661

────────────────────────────────────────────────────
Month total                                  $29,577

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/27480 is the state's own key, not one this site invented.