RICHARDS -A-

Operated by WOODBINE PRODUCTION CORPORATION (P-5 937875) in the BREEDLOVE, EAST (SPRABERRY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 27774District 08Field 11752666NGPA filingOilCasinghead gasSaveExport
Value, all time
$428 k
Jan 1993 – Sep 2015
Value, last 12 filed months
$0
at the published price for each month
Months reported
273
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 33 leases and 50 wells, and the rule below applies to all of them.

Discovered
1962-09-09
as the register files it
Field class
Oil
the register's own label
Between wells
1,320 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 80 acres.

The Commission's schedule remark for this field reads: 80 ACRE OPTIONAL, DIAG: 3250

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
OilDisposition17,601 bbl$359,257
Casinghead gasProduction50,031 Mcf$68,735
Total$427,992

28,281 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 32.4895, -101.9749. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.48951, -101.97485 · 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
9,400 ft
1 wells filed one
Completion to plug
31.4 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 9,400 ft.

Completions filed
Dec 1982
1 of 1 wells
Plug dates filed
May 2014
1 of 1 wells

Last completion to plug: a median of 31.4 years across the 1 well that filed both dates, with the middle half between 31.4 years and 31.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3173260119,400 ftDec 1982May 2014Yes

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 (273)

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

273 months

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 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 2007180088.337.30$15,899
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20031839330.266.30$6,124
Nov 2003024328.804.60$1,117
Oct 20031823328.174.76$5,284
Sep 20030526.314.75$24
Aug 20031794429.765.13$5,553
Jul 20031706629.415.17$5,341
Jun 2003012128.565.98$724
May 2003178026.595.97$4,733
Apr 200318116426.675.41$5,714
Mar 2003018631.146.10$1,134
Feb 200317915233.487.93$7,198
Jan 200318216930.315.58$6,460
Dec 2002016426.914.85$796
Nov 200217316524.664.14$4,949
Oct 200218317826.464.23$5,595
Sep 2002010527.443.64$382
Aug 200225114625.963.16$6,978
Jul 2002015724.583.06$481
Jun 200217315923.733.34$4,636
May 200218117524.663.58$5,091
Apr 2002017323.653.51$608
Mar 200218118422.003.10$4,553
Feb 2002012118.222.38$287
Jan 200218019917.172.38$3,563
Dec 200118220016.932.36$3,554
Nov 2001019918.072.41$479
Oct 200118220719.782.53$4,123
Sep 2001019424.262.25$437
Aug 200117620624.873.05$5,006
Jul 200117923223.933.20$5,025
Jun 2001022624.563.82$864
May 200118023425.524.31$5,602
Apr 200118222724.685.34$5,703
Mar 2001022724.545.38$1,220
Feb 200118223927.755.77$6,429
Jan 2001017627.478.40$1,478
Dec 200018526426.889.12$7,381
Nov 2000027032.215.66$1,528
Oct 200018229231.235.15$7,186
Sep 2000024231.875.19$1,255
Aug 200017324729.644.54$6,249
Jul 200017425628.534.09$6,011
Jun 200017726529.304.40$6,351
May 2000027827.263.68$1,023
Apr 200017725224.513.12$5,124
Mar 200018224828.422.86$5,882
Feb 2000021827.622.73$594
Jan 200018128225.272.48$5,273
Dec 1999028624.282.42$693
Nov 199917429923.192.43$4,763
Oct 199918032620.982.80$4,690
Sep 199917733421.752.62$4,724
Aug 199918019019.262.88$4,013
Jul 1999022517.892.37$534
Jun 199917520015.942.36$3,262
May 1999032815.792.32$761
Apr 199918034915.102.21$3,489
Mar 199936351912.471.84$5,481
Feb 199903029.981.82$549
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 199809710.892.19$212
Oct 199818140212.421.97$3,040
Sep 199817440012.592.08$3,024
Aug 1998042011.301.91$801
Jul 199812857211.742.24$2,782
Jun 199816740111.242.24$2,774
May 199817742212.622.21$3,165
Apr 1998041013.042.51$1,027
Mar 199814342212.802.31$2,805
Feb 199826939113.952.30$4,652
Jan 1998043814.702.15$944
Dec 199724041316.322.41$4,913
Nov 1997040718.193.09$1,257
Oct 199714246119.253.15$4,186
Sep 199712224217.742.95$2,879
Aug 199713632217.862.55$3,252
Jul 199712738517.582.25$3,098
Jun 199714149917.242.26$3,557
May 199711547218.972.31$3,271
Apr 199713749417.882.08$3,478
Mar 199714349818.951.94$3,676
Feb 199714343420.492.21$3,887
Jan 199714550723.483.54$5,199
Dec 199614650123.32$3,405
Nov 199616043321.97$3,515
Oct 199615349723.31$3,566
Sep 199614251822.22$3,155
Aug 199614653520.26$2,958
Jul 199617655719.55$3,441
Jun 199618053518.73$3,371
May 199617955219.43$3,478
Apr 199617860821.51$3,829
Mar 1996058419.38$0
Feb 199618043516.98$3,056
Jan 199618244817.07$3,107
Dec 199528749517.19$4,934
Nov 1995049816.00$0
Oct 199518252815.43$2,808
Sep 199518152216.18$2,929
Aug 199517855515.92$2,834
Jul 199517558215.24$2,667
Jun 1995057516.41$0
May 199518152017.56$3,178
Apr 199517456217.73$3,085
Mar 199518155916.44$2,976
Feb 199518351816.58$3,034
Jan 199517557015.92$2,786
Dec 199417857415.03$2,675
Nov 199418356115.90$2,910
Oct 1994016315.58$0
Sep 199417560615.29$2,676
Aug 199418050716.13$2,903
Jul 199410050717.56$1,756
Jun 199417962817.09$3,059
May 199415063915.88$2,382
Apr 199417361014.14$2,446
Mar 199417962612.46$2,230
Feb 199417957012.50$2,238
Jan 199418142412.66$2,291
Dec 199317762812.33$2,182
Nov 199317760814.49$2,565
Oct 199318165115.85$2,869
Sep 199335563715.03$5,336
Aug 1993196515.66$16
Jul 19931761,20315.46$2,721
Jun 199318089316.79$3,022
May 199317692017.68$3,112
Apr 199317779618.05$3,195
Mar 199317863418.14$3,229
Feb 199317459917.90$3,115
Jan 199318464516.93$3,115

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.

Dec 2007 — as filed, then multipliedworked
Oil                  180 bbl  × $ 88.33 =    $15,899
Casinghead gas         0 Mcf  × $  7.30 =         $0

────────────────────────────────────────────────────
Month total                                  $15,899

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/27774 is the state's own key, not one this site invented.