J. B. WALTON -A-

Operated by BEPCO, L.P. (P-5 66722) in the KEYSTONE (PENN DETRITAL) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 29382District 08Field 49129550OilCasinghead gasSaveExport
Value, all time
$995 k
Jan 1993 – May 2008
Value, last 12 filed months
$69 k
at the published price for each month
Months reported
185
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 1 leases and 1 wells, and the rule below applies to all of them.

Discovered
1984-10-01
as the register files it
Field class
Oil
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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
OilDisposition17,592 bbl$441,610
Casinghead gasProduction201,762 Mcf$552,917
Total$994,526

75,028 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 31.9449, -103.0715. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.94493, -103.07154 · 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
9,830 ft
1 wells filed one
Completion to plug
13.0 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 9,830 ft.

Completions filed
Apr 2008
1 of 1 wells
Plug dates filed
Apr 2021
1 of 1 wells

Last completion to plug: a median of 13.0 years across the 1 well that filed both dates, with the middle half between 13.0 years and 13.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4950456949,830 ftApr 2008Apr 2021Yes

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 (185)

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

185 months

May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 2008176125101.909.66$19,142
Feb 2008035892.538.77$3,140
Jan 200810638890.388.21$12,764
Dec 20078941688.337.30$10,899
Nov 2007045491.677.29$3,310
Oct 2007044382.856.92$3,066
Sep 2007043775.846.24$2,729
Aug 2007042869.066.39$2,734
Jul 2007043370.906.39$2,766
Jun 20079830762.007.55$8,393
May 2007035358.747.85$2,770
Apr 2007028959.617.81$2,256
Mar 200710444756.927.30$9,184
Feb 2007038555.108.22$3,163
Jan 200712041650.306.73$8,834
Dec 2006036856.656.92$2,546
Nov 2006040954.207.62$3,116
Oct 200612366054.906.01$10,722
Sep 2006066460.085.04$3,345
Aug 20061781,01068.717.34$19,644
Jul 2006057569.376.34$3,647
Jun 2006051866.286.38$3,307
May 200613483066.016.42$14,178
Apr 200613694964.397.36$15,742
Mar 2006831,06356.707.08$12,235
Feb 200611885657.597.75$13,431
Jan 20068876360.598.93$12,148
Dec 2005057954.9413.42$7,768
Nov 20056053654.6910.59$8,957
Oct 2005057858.3413.80$7,974
Sep 20051539661.4512.08$5,705
Aug 200501,11361.519.80$10,904
Jul 20058957855.697.84$9,490
Jun 2005070452.337.38$5,196
May 200518058245.226.65$12,011
Apr 200511975449.207.36$11,405
Mar 2005099950.377.15$7,148
Feb 200501,04045.226.31$6,564
Jan 20051561,10043.166.32$13,687
Dec 2004097539.866.75$6,582
Nov 2004065145.286.33$4,121
Oct 2004059849.706.52$3,896
Sep 200418159443.245.28$10,965
Aug 2004055542.375.55$3,081
Jul 2004071838.286.08$4,368
Jun 200414367136.106.43$9,479
May 2004076037.486.49$4,936
Apr 200413289734.475.86$9,805
Mar 2004084934.365.53$4,695
Feb 2004075732.455.51$4,171
Jan 200412398332.036.30$10,132
Dec 20031051,01930.266.30$9,599
Nov 20031011,02228.804.60$7,605
Oct 20033293828.174.76$5,366
Sep 20034591726.314.75$5,539
Aug 2003073129.765.13$3,750
Jul 2003711,08129.415.17$7,678
Jun 2003571,00728.565.98$7,653
May 20035895526.595.97$7,246
Apr 2003691,19526.675.41$8,302
Mar 2003731,46031.146.10$11,173
Feb 200317992633.487.93$13,332
Jan 2003581,26230.315.58$8,803
Dec 2002771,27026.914.85$8,236
Nov 20022211,00024.664.14$9,587
Oct 20025172726.464.23$4,424
Sep 2002083827.443.64$3,046
Aug 20026788025.963.16$4,524
Jul 2002721,02924.583.06$4,920
Jun 2002701,06223.733.34$5,206
May 2002861,38424.663.58$7,081
Apr 2002701,47323.653.51$6,829
Mar 2002901,46522.003.10$6,525
Feb 2002951,02818.222.38$4,173
Jan 2002381,07817.172.38$3,213
Dec 20011261,36616.932.36$5,363
Nov 2001741,17418.072.41$4,161
Oct 20017696419.782.53$3,941
Sep 2001711,09624.262.25$4,190
Aug 2001881,05024.873.05$5,394
Jul 2001771,26323.933.20$5,881
Jun 2001871,12024.563.82$6,420
May 20017996225.524.31$6,160
Apr 20017393424.685.34$6,785
Mar 2001761,17124.545.38$8,161
Feb 20011041,04127.755.77$8,890
Jan 20016682527.478.40$8,742
Dec 20009180926.889.12$9,826
Nov 200013984432.215.66$9,253
Oct 20009080131.235.15$6,932
Sep 20006081931.875.19$6,160
Aug 20009197229.644.54$7,111
Jul 2000921,03628.534.09$6,862
Jun 200018090629.304.40$9,258
May 200001,06927.263.68$3,934
Apr 200012399124.513.12$6,103
Mar 2000891,15728.422.86$5,838
Feb 20001041,08627.622.73$5,833
Jan 20001021,16825.272.48$5,475
Dec 19991641,27624.282.42$7,075
Nov 199901,08423.192.43$2,638
Oct 19992291,01220.982.80$7,642
Sep 19997379921.752.62$3,680
Aug 199910398619.262.88$4,819
Jul 19996982117.892.37$3,182
Jun 19998590715.942.36$3,497
May 19997695315.792.32$3,412
Apr 1999791,03015.102.21$3,467
Mar 19991831,31612.471.84$4,701
Feb 1999781,6029.981.82$3,691
Jan 19992021,14710.381.90$4,276
Dec 199801,6929.201.77$3,000
Nov 19981731,07610.892.19$4,236
Oct 19981441,16812.421.97$4,089
Sep 19983681,06812.592.08$6,857
Aug 19981171,30511.301.91$3,811
Jul 199801,15211.742.24$2,577
Jun 19981491,89711.242.24$5,919
May 199801,91812.622.21$4,232
Apr 19981761,05513.042.51$4,938
Mar 199801,00312.802.31$2,316
Feb 199801,21013.952.30$2,782
Jan 19982041,22514.702.15$5,638
Dec 199701,34916.322.41$3,253
Nov 19971771,25418.193.09$7,092
Oct 19971561,04419.253.15$6,291
Sep 199701,28917.742.95$3,809
Aug 19971471,35617.862.55$6,090
Jul 1997661,34817.582.25$4,189
Jun 19972441,39317.242.26$7,351
May 19971541,44718.972.31$6,262
Apr 1997791,28617.882.08$4,091
Mar 1997771,21118.951.94$3,807
Feb 19971431,25720.492.21$5,703
Jan 19971421,11623.483.54$7,284
Dec 1996761,58323.32$1,772
Nov 19961211,40121.97$2,658
Oct 19961441,50823.31$3,357
Sep 1996661,22722.22$1,467
Aug 19961651,06220.26$3,343
Jul 1996821,28419.55$1,603
Jun 19961451,17318.73$2,716
May 1996681,31819.43$1,321
Apr 19961301,58021.51$2,796
Mar 1996492,06719.38$950
Feb 19961431,67516.98$2,428
Jan 19961491,67317.07$2,543
Dec 1995641,73817.19$1,100
Nov 19951511,82416.00$2,416
Oct 1995761,30015.43$1,173
Sep 1995841,19616.18$1,359
Aug 19952381,49515.92$3,789
Jul 19951221,46515.24$1,859
Jun 19951311,47016.41$2,150
May 19951051,59917.56$1,844
Apr 19951281,59017.73$2,269
Mar 19951111,47616.44$1,825
Feb 19951501,53416.58$2,487
Jan 19951031,98515.92$1,640
Dec 19941051,86515.03$1,578
Nov 19941462,10215.90$2,321
Oct 19941041,57915.58$1,620
Sep 19941331,30915.29$2,034
Aug 1994901,75416.13$1,452
Jul 19941262,60717.56$2,213
Jun 19941251,49917.09$2,136
May 19942191,96015.88$3,478
Apr 19941001,94814.14$1,414
Mar 19941512,09512.46$1,881
Feb 19942491,84612.50$3,113
Jan 19942251,90612.66$2,849
Dec 19931071,48712.33$1,319
Nov 199330097814.49$4,347
Oct 199301,49115.85$0
Sep 19932381,39015.03$3,577
Aug 19932111,80115.66$3,304
Jul 19931201,35815.46$1,855
Jun 1993761,49016.79$1,276
May 19932441,38017.68$4,314
Apr 19931721,30418.05$3,105
Mar 19932371,44418.14$4,299
Feb 19932371,30517.90$4,242
Jan 199332590716.93$5,502

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.

Mar 2008 — as filed, then multipliedworked
Oil                  176 bbl  × $101.90 =    $17,934
Casinghead gas       125 Mcf  × $  9.66 =     $1,208

────────────────────────────────────────────────────
Month total                                  $19,142

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/29382 is the state's own key, not one this site invented.