UNIV. II SEC. -1-

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 28221District 08Field 57774083Hydrogen sulphide fieldNGPA filingOilCasinghead gasSaveExport
Value, all time
$10.9 M
Jan 1993 – May 2001
Value, last 12 filed months
$2.4 M
at the published price for each month
Months reported
101
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
NGPA4none

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
OilDisposition243,697 bbl$4,712,269
Casinghead gasProduction7,334,393 Mcf$6,201,526
Total$10,913,795

5,110,263 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 (15)

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 32.1838, -102.7571. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.9 miles.

32.18301, -102.75728 · 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%
15 of 15 wells
With a plug date
0.0%
0 of 15 wells
Median depth
7,550 ft
15 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
15100.0%
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

Total depth in feet, 15 of 15 wells. Median 7,550 ft, with the middle half between 7,550 and 8,922 ft; the shallowest is 7,550 ft and the deepest 8,960 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

Last completion by decade, 15 of 15 wells, May 1993 – May 2022. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
May 1993 – May 2022
15 of 15 wells

15 wells

42-003003205D8,412 ftMay 2022Yes
42-003356418C7,550 ftMar 2020Yes
42-003002902A8,923 ftNov 2006Yes
42-003004552C8,960 ftAug 2005Yes
42-0033673511D7,550 ftSep 2001Yes
42-0033616511A7,550 ftFeb 2001Yes
42-0033858412D7,950 ftJul 2000Yes
42-003002933A8,920 ftJun 2000Yes
42-003003332D8,942 ftJun 2000Yes
42-0033658910A7,550 ftFeb 2000Yes
42-003359529A7,550 ftOct 1999Yes
42-003359516B7,550 ftOct 1999Yes
42-00334903C 77,550 ftApr 1999Yes
42-0033490110D7,550 ftOct 1998Yes
42-003004542B8,956 ftMay 1993Yes

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 (101)

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

101 months

May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20003,57338,08632.215.66$330,577
Oct 20003,78249,84231.235.15$374,574
Sep 20004,26859,50431.875.19$444,639
Aug 20004,74564,42929.644.54$433,198
Jul 20004,84064,76428.534.09$402,954
Jun 20004,52064,53629.304.40$416,217
May 20004,61452,02927.263.68$317,231
Apr 20004,45550,01924.513.12$265,051
Mar 20004,30349,40328.422.86$263,571
Feb 20004,58143,68127.622.73$245,623
Jan 20005,25845,30325.272.48$245,244
Dec 19996,31945,40324.282.42$263,469
Nov 19995,91641,99623.192.43$239,410
Oct 19993,28940,15220.982.80$181,578
Sep 19991,81637,98421.752.62$138,972
Aug 19991,80737,08719.262.88$141,450
Jul 19991,83444,22117.892.37$137,719
Jun 19991,82243,81215.942.36$132,531
May 19992,38644,29215.792.32$140,478
Apr 19991,83441,32715.102.21$118,945
Mar 19991,50339,29412.471.84$90,978
Feb 19991,24738,5819.981.82$82,577
Jan 19991,73042,54510.381.90$98,791
Dec 19981,72442,9899.201.77$92,094
Nov 19981,58840,71510.892.19$106,285
Oct 19981,47738,83112.421.97$94,811
Sep 19981,48537,34712.592.08$96,476
Aug 19981,63742,65111.301.91$99,848
Jul 19981,61449,01411.742.24$128,606
Jun 19981,59347,42711.242.24$124,012
May 19981,72848,66712.622.21$129,183
Apr 19981,69146,85113.042.51$139,428
Mar 19981,81651,05712.802.31$141,158
Feb 19981,69147,30413.952.30$132,348
Jan 19982,09153,52814.702.15$146,079
Dec 19972,19553,49516.322.41$164,804
Nov 19972,06749,47218.193.09$190,381
Oct 19971,70846,25019.253.15$178,558
Sep 19971,50229,96517.742.95$115,188
Aug 19971,29034,11517.862.55$110,194
Jul 19971,87051,80417.582.25$149,275
Jun 19971,72950,17917.242.26$143,072
May 19971,96958,90118.972.31$173,325
Apr 19972,01856,58317.882.08$153,932
Mar 19972,18958,51218.951.94$154,945
Feb 19972,03052,76820.492.21$157,996
Jan 19972,12957,41523.483.54$253,221
Dec 19962,10656,00623.32$49,112
Nov 19962,07658,70421.97$45,610
Oct 19962,37861,83623.31$55,431
Sep 19962,01958,56522.22$44,862
Aug 19961,92864,38620.26$39,061
Jul 19962,28871,88419.55$44,730
Jun 19962,44365,52718.73$45,757
May 19962,38566,71319.43$46,341
Apr 19962,63671,15921.51$56,700
Mar 19962,36270,22319.38$45,776
Feb 19961,88056,62616.98$31,922
Jan 19962,08065,95117.07$35,506
Dec 19952,36771,97617.19$40,689
Nov 19952,62372,91516.00$41,968
Oct 19952,67694,07715.43$41,291
Sep 19952,91290,90916.18$47,116
Aug 19952,370108,11215.92$37,730
Jul 19952,454109,70015.24$37,399
Jun 19952,28383,31916.41$37,464
May 19952,67682,76517.56$46,991
Apr 19953,08771,89617.73$54,733
Mar 19952,76989,98216.44$45,522
Feb 19952,37088,09116.58$39,295
Jan 19953,083109,77015.92$49,081
Dec 19942,728116,32115.03$41,002
Nov 19941,985108,79715.90$31,562
Oct 19941,999116,50415.58$31,144
Sep 19941,988122,43615.29$30,397
Aug 19942,256133,14916.13$36,389
Jul 19942,257132,77617.56$39,633
Jun 19942,321117,61617.09$39,666
May 19941,32468,60715.88$21,025
Apr 19942,425113,44714.14$34,290
Mar 19942,347115,98012.46$29,244
Feb 19942,406108,66012.50$30,075
Jan 19942,955127,88012.66$37,410
Dec 19932,878134,36112.33$35,486
Nov 19932,873141,53114.49$41,630
Oct 19932,952151,09815.85$46,789
Sep 19932,784136,08515.03$41,844
Aug 19932,868156,65815.66$44,913
Jul 19932,933163,12715.46$45,344
Jun 19932,951164,33516.79$49,547
May 19932,536152,96017.68$44,836
Apr 19932,785171,64618.05$50,269
Mar 19933,409179,02918.14$61,839
Feb 19933,291156,64317.90$58,909
Jan 19932,922179,52516.93$49,469

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.

Nov 2000 — as filed, then multipliedworked
Oil                3,573 bbl  × $ 32.21 =   $115,086
Casinghead gas    38,086 Mcf  × $  5.66 =   $215,491

────────────────────────────────────────────────────
Month total                                 $330,577

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/28221 is the state's own key, not one this site invented.