NICHOLS UNIT

Operated by VANGUARD OPERATING, LLC (P-5 881585) in the SPRABERRY (TREND AREA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 27682District 08Field 85280300NGPA filingOilCasinghead gasSaveExport
Value, all time
$1.7 M
Jan 1993 – Oct 2016
Value, last 12 filed months
$3 k
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 16,587 leases and 43,997 wells, and the rule below applies to all of them.

Discovered
1952-12-22
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2018-02-13.

The Commission's schedule remark for this field reads: SPRABERRY (TREND AREA) FIELD EFFECTIVE 10/1/2019.

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
OilDisposition35,665 bbl$1,283,882
Casinghead gasProduction145,556 Mcf$441,363
Total$1,725,245

58,346 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 (1)

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 32.1336, -101.7811. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.13359, -101.78108 · 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%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
8,700 ft
1 wells filed one
Completion to plug
32.7 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
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 8,700 ft.

Completions filed
Sep 1982
1 of 1 wells
Plug dates filed
May 2015
1 of 1 wells

Last completion to plug: a median of 32.7 years across the 1 well that filed both dates, with the middle half between 32.7 years and 32.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3173250018,700 ftSep 1982May 2015Yes

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 201673041.622.92$3,038
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 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 20121650101.652.00$16,772
Mar 201200105.052.22$0
Feb 2012230101.102.57$2,325
Jan 201220098.092.73$1,962
Dec 20110196.873.24$3
Nov 20110395.723.31$10
Oct 201135329584.983.65$31,074
Sep 201105183.623.99$203
Aug 2011019383.404.15$801
Jul 201134116394.144.52$32,838
Jun 2011013292.904.64$612
May 2011011198.134.40$489
Apr 2011340105105.964.33$36,481
Mar 2011017996.364.06$726
Feb 201103885.644.18$159
Jan 20110486.504.59$18
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 2010180078.103.51$14,058
Sep 20100072.633.98$0
Aug 20100473.684.42$18
Jul 20100872.554.74$38
Jun 2010016370.364.91$800
May 2010022171.124.24$936
Apr 201016920781.694.12$14,659
Mar 201017434278.394.39$15,141
Feb 2010025473.585.44$1,382
Jan 201027926574.365.96$22,327
Dec 200918131371.445.48$14,647
Nov 2009028374.593.75$1,062
Oct 200917139672.544.11$14,032
Sep 2009035265.543.06$1,079
Aug 200915924767.423.22$11,515
Jul 200918138961.133.46$12,412
Jun 200917434066.163.90$12,836
May 200917538654.743.93$11,095
Apr 2009035146.773.59$1,259
Mar 200934245842.144.06$16,271
Feb 2009040932.814.63$1,895
Jan 200916645135.865.37$8,375
Dec 200835036037.105.98$15,137
Nov 2008035055.496.86$2,401
Oct 200817043775.246.92$15,816
Sep 20080210101.767.88$1,654
Aug 2008175487114.228.48$24,120
Jul 2008327513131.0811.39$48,706
Jun 2008350454131.3313.03$51,882
May 2008168520123.1711.57$26,711
Apr 20080456110.3110.45$4,767
Mar 20080266101.909.66$2,571
Feb 2008038792.538.77$3,394
Jan 20081745290.388.21$16,153
Dec 200720113088.337.30$18,704
Nov 200718949991.677.29$20,964
Oct 2007054482.856.92$3,766
Sep 200716953275.846.24$16,139
Aug 200717354569.066.39$15,429
Jul 200715958070.906.39$14,978
Jun 200718756762.007.55$15,874
May 200717657358.747.85$14,834
Apr 2007052559.617.81$4,098
Mar 200733855256.927.30$23,270
Feb 200716950055.108.22$13,420
Jan 200716460450.306.73$12,312
Dec 200616748356.656.92$12,802
Nov 2006050954.207.62$3,877
Oct 200616952254.906.01$12,417
Sep 200616650860.085.04$12,532
Aug 20068554768.717.34$9,855
Jul 200616757469.376.34$15,226
Jun 200616757766.286.38$14,752
May 2006061166.016.42$3,926
Apr 200616558364.397.36$14,916
Mar 200616560156.707.08$13,612
Feb 200617051457.597.75$13,774
Jan 200616756160.598.93$15,130
Dec 200516758254.9413.42$16,983
Nov 200515057454.6910.59$14,281
Oct 200516565758.3413.80$18,690
Sep 2005049761.4512.08$6,003
Aug 200516965861.519.80$16,842
Jul 200516562755.697.84$14,107
Jun 200516766752.337.38$13,662
May 200516864845.226.65$11,907
Apr 2005056149.207.36$4,129
Mar 200517065750.377.15$13,264
Feb 200516958245.226.31$11,316
Jan 200517864543.166.32$11,760
Dec 200416764039.866.75$10,977
Nov 200418165145.286.33$12,317
Oct 2004069549.706.52$4,528
Sep 200416869243.245.28$10,921
Aug 200416771742.375.55$11,056
Jul 200416671638.286.08$10,711
Jun 200416768636.106.43$10,442
May 200416772437.486.49$10,961
Apr 200416872034.475.86$10,009
Mar 200418274134.365.53$10,351
Feb 200417169832.455.51$9,395
Jan 200432975732.036.30$15,307
Dec 2003049130.266.30$3,094
Nov 200317350328.804.60$7,294
Oct 200316453428.174.76$7,162
Sep 200316853926.314.75$6,980
Aug 200316856429.765.13$7,893
Jul 200316753629.415.17$7,683
Jun 200316554228.565.98$7,955
May 2003056126.595.97$3,351
Apr 200316753026.675.41$7,320
Mar 200317153631.146.10$8,592
Feb 200316846633.487.93$9,318
Jan 200316753330.315.58$8,037
Dec 200217552926.914.85$7,277
Nov 200217653124.664.14$6,537
Oct 200217653826.464.23$6,932
Sep 2002055127.443.64$2,003
Aug 200217157225.963.16$6,249
Jul 200217358224.583.06$6,034
Jun 200216556123.733.34$5,788
May 200218858624.663.58$6,736
Apr 200219257023.653.51$6,543
Mar 200219156222.003.10$5,946
Feb 2002051518.222.38$1,223
Jan 200214954117.172.38$3,844
Dec 200118149616.932.36$4,237
Nov 200118949418.072.41$4,604
Oct 200117755619.782.53$4,907
Sep 200117655224.262.25$5,512
Aug 200116763424.873.05$6,089
Jul 200117967423.933.20$6,438
Jun 200117063024.563.82$6,584
May 2001061025.524.31$2,627
Apr 200117845524.685.34$6,821
Mar 200118148524.545.38$7,049
Feb 2001045227.755.77$2,607
Jan 200118745827.478.40$8,984
Dec 200018645126.889.12$9,114
Nov 200018448432.215.66$8,665
Oct 200018251931.235.15$8,354
Sep 200018252731.875.19$8,534
Aug 2000055629.644.54$2,525
Jul 200018055728.534.09$7,413
Jun 200017354329.304.40$7,457
May 200017854827.263.68$6,869
Apr 200018054424.513.12$6,107
Mar 200019156928.422.86$7,055
Feb 200017950727.622.73$6,326
Jan 200019652225.272.48$6,248
Dec 199917951324.282.42$5,589
Nov 1999050823.192.43$1,236
Oct 199919152320.982.80$5,474
Sep 199918252721.752.62$5,339
Aug 199918955819.262.88$5,245
Jul 199919255817.892.37$4,759
Jun 199919652215.942.36$4,357
May 1999056115.792.32$1,302
Apr 199919152615.102.21$4,046
Mar 199918950612.471.84$3,287
Feb 19991954949.981.82$2,844
Jan 199919653610.381.90$3,053
Dec 19981945479.201.77$2,755
Nov 199819756010.892.19$3,369
Oct 199819460012.421.97$3,591
Sep 199818756312.592.08$3,527
Aug 199818151011.301.91$3,018
Jul 1998062611.742.24$1,401
Jun 199818659611.242.24$3,424
May 199818560112.622.21$3,661
Apr 199818556113.042.51$3,818
Mar 199817457812.802.31$3,562
Feb 199819552013.952.30$3,916
Jan 199819257214.702.15$4,055
Dec 199719257916.322.41$4,529
Nov 199719058118.193.09$5,250
Oct 199718164719.253.15$5,522
Sep 1997065017.742.95$1,921
Aug 199719168317.862.55$5,156
Jul 199718669317.582.25$4,827
Jun 199718968417.242.26$4,802
May 199718968918.972.31$5,176
Apr 199719566017.882.08$4,861
Mar 1997162518.951.94$1,231
Feb 199719375320.492.21$5,616
Jan 199716486523.483.54$6,913
Dec 199619672323.32$4,571
Nov 199619279821.97$4,218
Oct 199618995923.31$4,406
Sep 199618898122.22$4,177
Aug 19961901,02120.26$3,849
Jul 199619198519.55$3,734
Jun 199601,06518.73$0
May 19961861,11019.43$3,614
Apr 19961861,09021.51$4,001
Mar 19961871,07219.38$3,624
Feb 199616984716.98$2,870
Jan 19961891,06717.07$3,226
Dec 19951861,06717.19$3,197
Nov 19951791,23916.00$2,864
Oct 19953461,10715.43$5,339
Sep 199501,09616.18$0
Aug 19953651,16615.92$5,811
Jul 199501,18915.24$0
Jun 19951891,18616.41$3,101
May 19953671,24517.56$6,445
Apr 19951781,18817.73$3,156
Mar 19951821,22016.44$2,992
Feb 19951831,10116.58$3,034
Jan 19951761,22315.92$2,802
Dec 19941781,21115.03$2,675
Nov 19941811,22215.90$2,878
Oct 19941791,30515.58$2,789
Sep 19943581,27015.29$5,474
Aug 19941801,31916.13$2,903
Jul 19941811,34317.56$3,178
Jun 19941771,28917.09$3,025
May 19941841,37715.88$2,922
Apr 19941811,32414.14$2,559
Mar 19943561,35412.46$4,436
Feb 19941821,25112.50$2,275
Jan 19941851,43512.66$2,342
Dec 19931821,43812.33$2,244
Nov 19931841,42214.49$2,666
Oct 19933691,51415.85$5,849
Sep 19931811,50215.03$2,720
Aug 19931761,48415.66$2,756
Jul 19933551,48115.46$5,488
Jun 19931761,33416.79$2,955
May 19931781,40417.68$3,147
Apr 19933571,50818.05$6,444
Mar 19933591,64618.14$6,512
Feb 19931861,11817.90$3,329
Jan 19933611,05016.93$6,112

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.

Jul 2016 — as filed, then multipliedworked
Oil                   73 bbl  × $ 41.62 =     $3,038
Casinghead gas         0 Mcf  × $  2.92 =         $0

────────────────────────────────────────────────────
Month total                                   $3,038

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/27682 is the state's own key, not one this site invented.