ERNEST

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

Operated by SOUTHWEST ROYALTIES, INC. (P-5 806470) in the KEYSTONE (CLEAR FORK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 27714District 08Field 49129066Hydrogen sulphide fieldNGPA filingOilCasinghead gasSave Export

Value, all time

$1.3 M

Jan 1993 – Dec 2015

Value, last 12 filed months

$9 k

at the published price for each month

Months reported

276

no gaps in the span

Streams

oil, casinghead gas

The KEYSTONE (CLEAR FORK) 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 22 leases and 136 wells, and the rule below applies to all of them.

Discovered

1958-07-31

as the register files it

Field class

Oil and gas

the register's own label

Between wells

1,100 ft

minimum

From a lease line

550 ft

minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2009-11-24.

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: “(CONSOLIDATED) FIELD, EFFECTIVE 8/25/2015.”

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.

Programme	Filings	With an approval date	Dated	Docket
NGPA	3	none	—	—

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.

Stream	Basis	Volume	Value
Oil	Disposition	20,504 bbl	$690,553
Casinghead gas	Production	190,043 Mcf	$582,783
Total			$1,273,336

59,170 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 31.8912, -103.0527. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

31.89120, -103.05269 · 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

50.0%

1 of 2 wells

Median depth

5,500 ft

2 wells filed one

Completion to plug

34.6 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 5,500 and 5,500 ft, median 5,500 ft, over the 2 wells that filed a depth.

Completions filed

Jul 1982 – Apr 1984

2 of 2 wells

Plug dates filed

Nov 2018

1 of 2 wells; 1 filed none

Last completion to plug: a median of 34.6 years across the 1 well that filed both dates, with the middle half between 34.6 years and 34.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells


42-49531668	7	5,500 ft	Apr 1984	Nov 2018	Yes
42-49531495	6	5,500 ft	Jul 1982	—	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 (276)

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

276 months


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	204	0	40.16	2.87	$8,193
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	10	44.66	2.98	$30
Jan 2015	0	175	43.43	3.10	$543
Dec 2014	0	212	54.69	3.59	$761
Nov 2014	167	116	70.46	4.25	$12,260
Oct 2014	0	167	78.30	3.90	$651
Sep 2014	0	171	86.16	4.05	$692
Aug 2014	0	191	89.39	4.04	$771
Jul 2014	0	169	96.56	4.18	$706
Jun 2014	0	126	98.16	4.74	$597
May 2014	124	173	94.73	4.73	$12,564
Apr 2014	1	91	95.94	4.81	$534
Mar 2014	0	51	95.89	5.06	$258
Feb 2014	0	25	97.40	6.19	$155
Jan 2014	2	16	90.40	4.86	$259
Dec 2013	6	30	91.82	4.35	$682
Nov 2013	4	200	88.85	3.74	$1,103
Oct 2013	0	249	97.42	3.78	$941
Sep 2013	169	149	104.11	3.72	$18,149
Aug 2013	0	168	104.25	3.52	$592
Jul 2013	0	644	102.52	3.72	$2,394
Jun 2013	0	460	94.40	3.93	$1,809
May 2013	6	928	94.83	4.15	$4,419
Apr 2013	0	436	93.96	4.28	$1,867
Mar 2013	164	559	93.62	3.91	$17,541
Feb 2013	0	654	91.23	3.42	$2,237
Jan 2013	0	763	91.60	3.42	$2,609
Dec 2012	1	874	86.77	3.42	$3,076
Nov 2012	0	997	86.95	3.62	$3,614
Oct 2012	177	977	89.38	3.40	$19,142
Sep 2012	0	788	94.67	2.92	$2,300
Aug 2012	0	886	92.66	2.91	$2,577
Jul 2012	0	967	85.13	3.02	$2,921
Jun 2012	0	608	79.82	2.52	$1,532
May 2012	169	690	91.61	2.49	$17,199
Apr 2012	0	724	101.65	2.00	$1,446
Mar 2012	0	645	105.05	2.22	$1,433
Feb 2012	0	423	101.10	2.57	$1,087
Jan 2012	0	570	98.09	2.73	$1,558
Dec 2011	0	417	96.87	3.24	$1,351
Nov 2011	165	836	95.72	3.31	$18,562
Oct 2011	0	440	84.98	3.65	$1,605
Sep 2011	0	212	83.62	3.99	$845
Aug 2011	0	499	83.40	4.15	$2,071
Jul 2011	0	637	94.14	4.52	$2,877
Jun 2011	0	297	92.90	4.64	$1,378
May 2011	0	383	98.13	4.40	$1,687
Apr 2011	177	177	105.96	4.33	$19,522
Mar 2011	0	249	96.36	4.06	$1,010
Feb 2011	2	18	85.64	4.18	$247
Jan 2011	0	218	86.50	4.59	$1,000
Dec 2010	1	488	85.73	4.35	$2,207
Nov 2010	1	625	80.84	3.80	$2,453
Oct 2010	0	232	78.10	3.51	$814
Sep 2010	0	205	72.63	3.98	$816
Aug 2010	0	323	73.68	4.42	$1,427
Jul 2010	0	275	72.55	4.74	$1,303
Jun 2010	0	150	70.36	4.91	$737
May 2010	0	186	71.12	4.24	$788
Apr 2010	0	145	81.69	4.12	$598
Mar 2010	172	192	78.39	4.39	$14,326
Feb 2010	0	300	73.58	5.44	$1,633
Jan 2010	0	79	74.36	5.96	$471
Dec 2009	0	84	71.44	5.48	$461
Nov 2009	0	424	74.59	3.75	$1,591
Oct 2009	0	440	72.54	4.11	$1,809
Sep 2009	0	384	65.54	3.06	$1,177
Aug 2009	0	306	67.42	3.22	$985
Jul 2009	0	415	61.13	3.46	$1,438
Jun 2009	173	597	66.16	3.90	$13,771
May 2009	0	463	54.74	3.93	$1,818
Apr 2009	0	687	46.77	3.59	$2,465
Mar 2009	144	464	42.14	4.06	$7,952
Feb 2009	0	546	32.81	4.63	$2,530
Jan 2009	0	496	35.86	5.37	$2,664
Dec 2008	137	593	37.10	5.98	$8,627
Nov 2008	0	512	55.49	6.86	$3,513
Oct 2008	0	516	75.24	6.92	$3,572
Sep 2008	0	123	101.76	7.88	$969
Aug 2008	163	535	114.22	8.48	$23,156
Jul 2008	0	651	131.08	11.39	$7,415
Jun 2008	181	681	131.33	13.03	$32,646
May 2008	0	688	123.17	11.57	$7,963
Apr 2008	178	423	110.31	10.45	$24,058
Mar 2008	0	20	101.90	9.66	$193
Feb 2008	0	20	92.53	8.77	$175
Jan 2008	347	20	90.38	8.21	$31,526
Dec 2007	0	43	88.33	7.30	$314
Nov 2007	0	48	91.67	7.29	$350
Oct 2007	0	21	82.85	6.92	$145
Sep 2007	0	24	75.84	6.24	$150
Aug 2007	0	20	69.06	6.39	$128
Jul 2007	0	20	70.90	6.39	$128
Jun 2007	178	20	62.00	7.55	$11,187
May 2007	0	20	58.74	7.85	$157
Apr 2007	0	20	59.61	7.81	$156
Mar 2007	177	504	56.92	7.30	$13,755
Feb 2007	0	703	55.10	8.22	$5,776
Jan 2007	171	677	50.30	6.73	$13,155
Dec 2006	0	635	56.65	6.92	$4,393
Nov 2006	171	728	54.20	7.62	$14,814
Oct 2006	0	754	54.90	6.01	$4,534
Sep 2006	167	623	60.08	5.04	$13,172
Aug 2006	164	430	68.71	7.34	$14,425
Jul 2006	0	600	69.37	6.34	$3,806
Jun 2006	0	0	66.28	6.38	$0
May 2006	0	0	66.01	6.42	$0
Apr 2006	0	406	64.39	7.36	$2,988
Mar 2006	172	591	56.70	7.08	$13,938
Feb 2006	0	371	57.59	7.75	$2,876
Jan 2006	0	431	60.59	8.93	$3,850
Dec 2005	178	451	54.94	13.42	$15,830
Nov 2005	0	443	54.69	10.59	$4,691
Oct 2005	0	478	58.34	13.80	$6,594
Sep 2005	171	630	61.45	12.08	$18,118
Aug 2005	0	715	61.51	9.80	$7,005
Jul 2005	0	806	55.69	7.84	$6,322
Jun 2005	0	201	52.33	7.38	$1,484
May 2005	170	816	45.22	6.65	$13,115
Apr 2005	0	363	49.20	7.36	$2,672
Mar 2005	177	947	50.37	7.15	$15,691
Feb 2005	0	875	45.22	6.31	$5,523
Jan 2005	0	962	43.16	6.32	$6,082
Dec 2004	176	839	39.86	6.75	$12,680
Nov 2004	0	898	45.28	6.33	$5,685
Oct 2004	178	821	49.70	6.52	$14,196
Sep 2004	0	915	43.24	5.28	$4,835
Aug 2004	169	906	42.37	5.55	$12,189
Jul 2004	0	870	38.28	6.08	$5,293
Jun 2004	174	920	36.10	6.43	$12,200
May 2004	0	1,025	37.48	6.49	$6,657
Apr 2004	171	418	34.47	5.86	$8,343
Mar 2004	0	767	34.36	5.53	$4,242
Feb 2004	0	669	32.45	5.51	$3,686
Jan 2004	174	756	32.03	6.30	$10,336
Dec 2003	0	697	30.26	6.30	$4,392
Nov 2003	179	788	28.80	4.60	$8,776
Oct 2003	0	827	28.17	4.76	$3,936
Sep 2003	175	871	26.31	4.75	$8,741
Aug 2003	176	914	29.76	5.13	$9,926
Jul 2003	0	936	29.41	5.17	$4,840
Jun 2003	179	956	28.56	5.98	$10,832
May 2003	0	1,034	26.59	5.97	$6,176
Apr 2003	169	437	26.67	5.41	$6,870
Mar 2003	0	466	31.14	6.10	$2,841
Feb 2003	0	305	33.48	7.93	$2,417
Jan 2003	175	786	30.31	5.58	$9,692
Dec 2002	0	927	26.91	4.85	$4,499
Nov 2002	175	841	24.66	4.14	$7,795
Oct 2002	0	553	26.46	4.23	$2,339
Sep 2002	177	913	27.44	3.64	$8,176
Aug 2002	0	899	25.96	3.16	$2,845
Jul 2002	171	948	24.58	3.06	$7,106
Jun 2002	0	947	23.73	3.34	$3,161
May 2002	168	888	24.66	3.58	$7,325
Apr 2002	0	897	23.65	3.51	$3,151
Mar 2002	176	918	22.00	3.10	$6,720
Feb 2002	0	696	18.22	2.38	$1,653
Jan 2002	177	895	17.17	2.38	$5,165
Dec 2001	0	976	16.93	2.36	$2,308
Nov 2001	171	756	18.07	2.41	$4,909
Oct 2001	0	715	19.78	2.53	$1,808
Sep 2001	177	741	24.26	2.25	$5,962
Aug 2001	0	917	24.87	3.05	$2,800
Jul 2001	174	1,150	23.93	3.20	$7,840
Jun 2001	0	1,235	24.56	3.82	$4,723
May 2001	176	1,081	25.52	4.31	$9,148
Apr 2001	0	1,053	24.68	5.34	$5,618
Mar 2001	170	945	24.54	5.38	$9,253
Feb 2001	0	934	27.75	5.77	$5,386
Jan 2001	179	1,170	27.47	8.40	$14,744
Dec 2000	0	983	26.88	9.12	$8,967
Nov 2000	181	847	32.21	5.66	$10,622
Oct 2000	0	665	31.23	5.15	$3,422
Sep 2000	168	747	31.87	5.19	$9,228
Aug 2000	171	1,023	29.64	4.54	$9,714
Jul 2000	0	852	28.53	4.09	$3,484
Jun 2000	169	779	29.30	4.40	$8,377
May 2000	0	914	27.26	3.68	$3,363
Apr 2000	176	901	24.51	3.12	$7,121
Mar 2000	0	964	28.42	2.86	$2,757
Feb 2000	182	1,040	27.62	2.73	$7,862
Jan 2000	0	849	25.27	2.48	$2,106
Dec 1999	174	820	24.28	2.42	$6,212
Nov 1999	0	728	23.19	2.43	$1,772
Oct 1999	178	634	20.98	2.80	$5,512
Sep 1999	0	308	21.75	2.62	$807
Aug 1999	172	635	19.26	2.88	$5,139
Jul 1999	0	672	17.89	2.37	$1,594
Jun 1999	166	308	15.94	2.36	$3,374
May 1999	0	42	15.79	2.32	$97
Apr 1999	0	1,182	15.10	2.21	$2,610
Mar 1999	173	1,160	12.47	1.84	$4,290
Feb 1999	166	1,047	9.98	1.82	$3,560
Jan 1999	0	1,085	10.38	1.90	$2,061
Dec 1998	166	851	9.20	1.77	$3,036
Nov 1998	0	549	10.89	2.19	$1,200
Oct 1998	168	667	12.42	1.97	$3,400
Sep 1998	172	854	12.59	2.08	$3,944
Aug 1998	0	821	11.30	1.91	$1,566
Jul 1998	170	727	11.74	2.24	$3,622
Jun 1998	164	954	11.24	2.24	$3,978
May 1998	0	1,134	12.62	2.21	$2,502
Apr 1998	158	545	13.04	2.51	$3,426
Mar 1998	5	854	12.80	2.31	$2,036
Feb 1998	147	865	13.95	2.30	$4,039
Jan 1998	172	727	14.70	2.15	$4,095
Dec 1997	4	890	16.32	2.41	$2,211
Nov 1997	165	951	18.19	3.09	$5,938
Oct 1997	2	1,013	19.25	3.15	$3,229
Sep 1997	168	970	17.74	2.95	$5,847
Aug 1997	168	1,067	17.86	2.55	$5,726
Jul 1997	0	1,131	17.58	2.25	$2,541
Jun 1997	167	1,037	17.24	2.26	$5,220
May 1997	4	1,133	18.97	2.31	$2,691
Apr 1997	169	1,085	17.88	2.08	$5,282
Mar 1997	166	1,143	18.95	1.94	$5,362
Feb 1997	2	937	20.49	2.21	$2,108
Jan 1997	162	838	23.48	3.54	$6,770
Dec 1996	1	883	23.32	—	$23
Nov 1996	170	972	21.97	—	$3,735
Oct 1996	169	1,059	23.31	—	$3,939
Sep 1996	6	1,114	22.22	—	$133
Aug 1996	171	1,153	20.26	—	$3,464
Jul 1996	162	1,283	19.55	—	$3,167
Jun 1996	0	1,316	18.73	—	$0
May 1996	153	1,368	19.43	—	$2,973
Apr 1996	167	1,293	21.51	—	$3,592
Mar 1996	170	1,322	19.38	—	$3,295
Feb 1996	161	1,237	16.98	—	$2,734
Jan 1996	0	1,296	17.07	—	$0
Dec 1995	171	1,311	17.19	—	$2,939
Nov 1995	160	1,296	16.00	—	$2,560
Oct 1995	170	1,367	15.43	—	$2,623
Sep 1995	169	1,239	16.18	—	$2,734
Aug 1995	173	1,328	15.92	—	$2,754
Jul 1995	0	1,409	15.24	—	$0
Jun 1995	169	1,388	16.41	—	$2,773
May 1995	180	1,460	17.56	—	$3,161
Apr 1995	170	1,477	17.73	—	$3,014
Mar 1995	178	1,359	16.44	—	$2,926
Feb 1995	171	1,169	16.58	—	$2,835
Jan 1995	174	1,438	15.92	—	$2,770
Dec 1994	164	1,265	15.03	—	$2,465
Nov 1994	0	900	15.90	—	$0
Oct 1994	168	924	15.58	—	$2,617
Sep 1994	0	977	15.29	—	$0
Aug 1994	165	1,119	16.13	—	$2,661
Jul 1994	0	1,260	17.56	—	$0
Jun 1994	176	1,433	17.09	—	$3,008
May 1994	166	1,407	15.88	—	$2,636
Apr 1994	0	1,606	14.14	—	$0
Mar 1994	170	1,614	12.46	—	$2,118
Feb 1994	170	1,393	12.50	—	$2,125
Jan 1994	176	1,530	12.66	—	$2,228
Dec 1993	173	1,563	12.33	—	$2,133
Nov 1993	167	1,602	14.49	—	$2,420
Oct 1993	167	1,812	15.85	—	$2,647
Sep 1993	171	1,885	15.03	—	$2,570
Aug 1993	174	1,949	15.66	—	$2,725
Jul 1993	173	673	15.46	—	$2,675
Jun 1993	174	657	16.79	—	$2,921
May 1993	355	664	17.68	—	$6,276
Apr 1993	173	633	18.05	—	$3,123
Mar 1993	166	634	18.14	—	$3,011
Feb 1993	169	589	17.90	—	$3,025
Jan 1993	180	544	16.93	—	$3,047

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 2015 — as filed, then multipliedworked

Oil                  204 bbl  × $ 40.16 =     $8,193
Casinghead gas         0 Mcf  × $  2.87 =         $0

────────────────────────────────────────────────────
Month total                                   $8,193

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/27714 is the state's own key, not one this site invented.