SUPERIOR STRAIN "24"

Operated by WALSH & WATTS, INC. (P-5 895060) in the EPLEY (FUSSELMAN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 28965District 08Field 29195300OilCasinghead gasSaveExport
Value, all time
$107 k
Jan 1993 – Dec 1996
Value, last 12 filed months
$18 k
at the published price for each month
Months reported
48
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 4 leases and 5 wells, and the rule below applies to all of them.

Discovered
1984-05-30
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 field rule took effect on 1984-10-01.

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

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
OilDisposition6,654 bbl$107,235
Casinghead gasProduction1,131 Mcf$0
Total$107,235

1,131 Mcf of this lease's gas, across 18 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 32.2401, -101.8077. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

32.24012, -101.80768 · 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%
2 of 2 wells
With a plug date
50.0%
1 of 2 wells
Median depth
11,548 ft
2 wells filed one
Completion to plug
2.0 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 11,548 and 11,548 ft, median 11,548 ft, over the 2 wells that filed a depth.

Completions filed
May 1995 – Oct 1996
2 of 2 wells
Plug dates filed
Oct 1998
1 of 2 wells; 1 filed none

Last completion to plug: a median of 2.0 years across the 1 well that filed both dates, with the middle half between 2.0 years and 2.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-31732946211,548 ftOct 1996Oct 1998Yes
42-31732888111,548 ftMay 1995Yes

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 (48)

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

48 months

Dec 19960023.32$0
Nov 19960021.97$0
Oct 1996122023.31$2,844
Sep 199653022.22$1,178
Aug 1996109020.26$2,208
Jul 1996117019.55$2,287
Jun 1996109018.73$2,042
May 199658019.43$1,127
Apr 1996110021.51$2,366
Mar 19960019.38$0
Feb 199683016.98$1,409
Jan 1996123017.07$2,100
Dec 19950017.19$0
Nov 199599016.00$1,584
Oct 199533015.43$509
Sep 1995128016.18$2,071
Aug 199565015.92$1,035
Jul 1995116015.24$1,768
Jun 1995226016.41$3,709
May 1995175017.56$3,073
Apr 19950017.73$0
Mar 19950016.44$0
Feb 19950016.58$0
Jan 19950015.92$0
Dec 19940015.03$0
Nov 19940015.90$0
Oct 19940015.58$0
Sep 19940015.29$0
Aug 19940016.13$0
Jul 19940017.56$0
Jun 19942982617.09$5,093
May 199406415.88$0
Apr 19942655814.14$3,747
Mar 19943468612.46$4,311
Feb 19943136712.50$3,913
Jan 19943106412.66$3,925
Dec 19935966412.33$7,349
Nov 199305414.49$0
Oct 199305715.85$0
Sep 19933136715.03$4,704
Aug 199308015.66$0
Jul 19933037115.46$4,684
Jun 19933005616.79$5,037
May 19933015417.68$5,322
Apr 19933116218.05$5,614
Mar 19933186718.14$5,769
Feb 19933184817.90$5,692
Jan 19936368616.93$10,767

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.

Oct 1996 — as filed, then multipliedworked
Oil                  122 bbl  × $ 23.31 =     $2,844
Casinghead gas         0 Mcf  ×  no price            —

────────────────────────────────────────────────────
Month total                                   $2,844

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/28965 is the state's own key, not one this site invented.