UNIV. -11- SEC. -13-

Operated by ARCO PERMIAN (P-5 29347) in the MARTIN (CLEAR FORK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 27717District 08Field 57774083Hydrogen sulphide fieldNGPA filingOilCasinghead gasSaveExport
Value, all time
$1.6 M
Jan 1993 – Oct 2000
Value, last 12 filed months
$30 k
at the published price for each month
Months reported
94
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 49 leases and 154 wells, and the rule below applies to all of them.

Discovered
1953-08-14
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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

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
NGPA2none

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
OilDisposition64,925 bbl$1,074,798
Casinghead gasProduction644,568 Mcf$545,577
Total$1,620,375

413,457 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 (3)

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 32.1575, -102.7522. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

32.15704, -102.75256 · 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%
3 of 3 wells
With a plug date
0.0%
0 of 3 wells
Median depth
6,800 ft
3 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
3100.0%
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

Between 6,800 and 7,650 ft, median 6,800 ft, over the 3 wells that filed a depth.

Completions filed
Mar 1999 – Feb 2000
3 of 3 wells

3 wells

42-003369006B7,650 ftFeb 2000Yes
42-003331924B6,800 ftJan 2000Yes
42-003333005B6,800 ftMar 1999Yes

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 (94)

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

94 months

Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 200010027.622.73$276
Jan 20001561,63725.272.48$8,003
Dec 19991922,75124.282.42$11,329
Nov 19991662,55123.192.43$10,059
Oct 19991562,74020.982.80$10,955
Sep 19991452,63521.752.62$10,054
Aug 19991483,05419.262.88$11,633
Jul 19991543,02917.892.37$9,941
Jun 19991212,77015.942.36$8,472
May 19991833,10815.792.32$10,103
Apr 19994093,18415.102.21$13,206
Mar 19992283,03112.471.84$8,415
Feb 19993963,5519.981.82$10,407
Jan 19995424,18910.381.90$13,585
Dec 19987106,5949.201.77$18,225
Nov 19987126,01210.892.19$20,894
Oct 19988366,62012.421.97$23,419
Sep 19987247,21312.592.08$24,137
Aug 19987677,57511.301.91$23,115
Jul 19988388,40311.742.24$28,638
Jun 19987648,22511.242.24$26,989
May 19988548,23612.622.21$28,949
Apr 19987847,99413.042.51$30,251
Mar 19987638,79512.802.31$30,078
Feb 19987217,89913.952.30$28,219
Jan 19988809,03714.702.15$32,409
Dec 19978138,20516.322.41$33,051
Nov 19979208,76118.193.09$43,791
Oct 19978428,49019.253.15$42,950
Sep 19978879,41017.742.95$43,541
Aug 19975845,77617.862.55$25,186
Jul 19978568,60817.582.25$34,390
Jun 19978948,62017.242.26$34,870
May 19978218,61218.972.31$35,455
Apr 19979428,62117.882.08$34,799
Mar 19979369,36018.951.94$35,888
Feb 19978567,70620.492.21$34,538
Jan 19979408,10923.483.54$50,775
Dec 19967258,62923.32$16,907
Nov 19968849,28421.97$19,421
Oct 19969559,28023.31$22,261
Sep 19968409,20022.22$18,665
Aug 199689310,17220.26$18,092
Jul 19961,0379,76519.55$20,273
Jun 19968028,91818.73$15,021
May 19961,1579,02719.43$22,481
Apr 19961,28810,79321.51$27,705
Mar 19961,12910,17019.38$21,880
Feb 19969408,32416.98$15,961
Jan 19961,1638,98917.07$19,852
Dec 19951,1789,31517.19$20,250
Nov 19951,2219,77516.00$19,536
Oct 19951,09810,17915.43$16,942
Sep 19958999,89416.18$14,546
Aug 19951,00610,46215.92$16,016
Jul 19951,16710,84615.24$17,785
Jun 19957739,13016.41$12,685
May 199595311,21517.56$16,735
Apr 19951,09010,71817.73$19,326
Mar 19951,01111,53516.44$16,621
Feb 199590210,99016.58$14,955
Jan 19951,26511,51915.92$20,139
Dec 19941,39413,34515.03$20,952
Nov 19949819,16415.90$15,598
Oct 19949108,69415.58$14,178
Sep 19941,0139,98015.29$15,489
Aug 19941,03910,63816.13$16,759
Jul 199488110,87717.56$15,470
Jun 199493811,18717.09$16,030
May 19946737,59415.88$10,687
Apr 19941,01110,13214.14$14,296
Mar 19941,2379,84312.46$15,413
Feb 19948615,50112.50$10,763
Jan 19946555,78812.66$8,292
Dec 19936405,93912.33$7,891
Nov 19935905,79914.49$8,549
Oct 19935264,72815.85$8,337
Sep 19935315,30315.03$7,981
Aug 19935725,12815.66$8,958
Jul 19934794,19415.46$7,405
Jun 19934144,59616.79$6,951
May 19936645,64217.68$11,740
Apr 19934945,38618.05$8,917
Mar 19934675,55818.14$8,471
Feb 19934855,05917.90$8,682
Jan 19934445,25316.93$7,517

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.

Feb 2000 — as filed, then multipliedworked
Oil                   10 bbl  × $ 27.62 =       $276
Casinghead gas         0 Mcf  × $  2.73 =         $0

────────────────────────────────────────────────────
Month total                                     $276

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/27717 is the state's own key, not one this site invented.