PHILLIPS-TEXACO "23"

Name: PHILLIPS-TEXACO "23" lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by FOREST OIL PERMIAN CORPORATION (P-5 275741) in the GOLDSMITH (5600) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 29444District 08Field 35652868Hydrogen sulphide fieldNGPA filingOilCasinghead gasSave Export

Value, all time

$1.3 M

Jan 1993 – Aug 2007

Value, last 12 filed months

$54 k

at the published price for each month

Months reported

176

no gaps in the span

Streams

oil, casinghead gas

The GOLDSMITH (5600) field

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 157 leases and 1,575 wells, and the rule below applies to all of them.

Discovered

1947-10-26

as the register files it

Field class

Oil and gas

the register's own label

Between wells

850 ft

minimum

From a lease line

555 ft

minimum

A drilling unit in this field needs at least 20 acres.

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: “INTO THE GOLDSMITH (CLEAR FORK) 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.

Programme	Filings	With an approval date	Dated	Docket
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Oil	Disposition	38,958 bbl	$1,215,154
Casinghead gas	Production	30,207 Mcf	$115,526
Total			$1,330,680

7,779 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 (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 31.9086, -102.6805. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

31.90861, -102.68050 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

0.0%

0 of 2 wells

Median depth

6,245 ft

2 wells filed one

Completion to plug

—

no well filed both dates

What the state filed about each well

On the RRC proration schedule

2100.0%

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 6,000 and 6,490 ft, median 6,245 ft, over the 2 wells that filed a depth.

Completions filed

Nov 1984 – Sep 2004

2 of 2 wells

2 wells


42-13538704	2R	6,000 ft	Sep 2004	—	Yes
42-13534700	1R	6,490 ft	Nov 1984	—	Yes

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 (176)

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

176 months


Aug 2007	0	0	69.06	6.39	$0
Jul 2007	0	0	70.90	6.39	$0
Jun 2007	0	0	62.00	7.55	$0
May 2007	0	0	58.74	7.85	$0
Apr 2007	0	0	59.61	7.81	$0
Mar 2007	0	0	56.92	7.30	$0
Feb 2007	0	0	55.10	8.22	$0
Jan 2007	0	0	50.30	6.73	$0
Dec 2006	0	0	56.65	6.92	$0
Nov 2006	136	0	54.20	7.62	$7,371
Oct 2006	375	322	54.90	6.01	$22,524
Sep 2006	379	333	60.08	5.04	$24,448
Aug 2006	501	387	68.71	7.34	$37,264
Jul 2006	370	343	69.37	6.34	$27,842
Jun 2006	245	282	66.28	6.38	$18,039
May 2006	483	348	66.01	6.42	$34,119
Apr 2006	361	342	64.39	7.36	$25,762
Mar 2006	504	398	56.70	7.08	$31,396
Feb 2006	391	364	57.59	7.75	$25,339
Jan 2006	621	436	60.59	8.93	$41,521
Dec 2005	381	163	54.94	13.42	$23,119
Nov 2005	412	263	54.69	10.59	$25,317
Oct 2005	356	306	58.34	13.80	$24,991
Sep 2005	339	149	61.45	12.08	$22,631
Aug 2005	220	226	61.51	9.80	$15,746
Jul 2005	454	290	55.69	7.84	$27,558
Jun 2005	405	291	52.33	7.38	$23,342
May 2005	314	254	45.22	6.65	$15,888
Apr 2005	425	314	49.20	7.36	$23,221
Mar 2005	427	286	50.37	7.15	$23,554
Feb 2005	325	300	45.22	6.31	$16,590
Jan 2005	411	298	43.16	6.32	$19,623
Dec 2004	467	316	39.86	6.75	$20,748
Nov 2004	463	404	45.28	6.33	$23,522
Oct 2004	753	554	49.70	6.52	$41,033
Sep 2004	522	634	43.24	5.28	$25,921
Aug 2004	280	208	42.37	5.55	$13,018
Jul 2004	358	197	38.28	6.08	$14,903
Jun 2004	401	250	36.10	6.43	$16,084
May 2004	573	499	37.48	6.49	$24,717
Apr 2004	461	471	34.47	5.86	$18,650
Mar 2004	241	186	34.36	5.53	$9,309
Feb 2004	111	46	32.45	5.51	$3,855
Jan 2004	114	68	32.03	6.30	$4,080
Dec 2003	238	123	30.26	6.30	$7,977
Nov 2003	116	108	28.80	4.60	$3,837
Oct 2003	222	120	28.17	4.76	$6,825
Sep 2003	117	108	26.31	4.75	$3,591
Aug 2003	247	115	29.76	5.13	$7,941
Jul 2003	121	107	29.41	5.17	$4,112
Jun 2003	252	106	28.56	5.98	$7,831
May 2003	117	98	26.59	5.97	$3,696
Apr 2003	238	104	26.67	5.41	$6,910
Mar 2003	240	116	31.14	6.10	$8,181
Feb 2003	237	100	33.48	7.93	$8,727
Jan 2003	122	114	30.31	5.58	$4,334
Dec 2002	225	100	26.91	4.85	$6,540
Nov 2002	239	137	24.66	4.14	$6,461
Oct 2002	229	151	26.46	4.23	$6,698
Sep 2002	104	124	27.44	3.64	$3,305
Aug 2002	164	78	25.96	3.16	$4,504
Jul 2002	216	170	24.58	3.06	$5,830
Jun 2002	229	158	23.73	3.34	$5,962
May 2002	224	139	24.66	3.58	$6,022
Apr 2002	225	131	23.65	3.51	$5,781
Mar 2002	115	75	22.00	3.10	$2,763
Feb 2002	234	89	18.22	2.38	$4,475
Jan 2002	233	144	17.17	2.38	$4,343
Dec 2001	226	163	16.93	2.36	$4,212
Nov 2001	235	125	18.07	2.41	$4,547
Oct 2001	227	174	19.78	2.53	$4,930
Sep 2001	229	160	24.26	2.25	$5,916
Aug 2001	225	142	24.87	3.05	$6,029
Jul 2001	235	162	23.93	3.20	$6,141
Jun 2001	221	166	24.56	3.82	$6,063
May 2001	203	148	25.52	4.31	$5,818
Apr 2001	208	135	24.68	5.34	$5,854
Mar 2001	212	130	24.54	5.38	$5,901
Feb 2001	313	97	27.75	5.77	$9,245
Jan 2001	210	82	27.47	8.40	$6,457
Dec 2000	206	128	26.88	9.12	$6,705
Nov 2000	201	153	32.21	5.66	$7,340
Oct 2000	182	188	31.23	5.15	$6,651
Sep 2000	148	150	31.87	5.19	$5,495
Aug 2000	171	111	29.64	4.54	$5,572
Jul 2000	207	144	28.53	4.09	$6,495
Jun 2000	312	172	29.30	4.40	$9,898
May 2000	208	189	27.26	3.68	$6,366
Apr 2000	173	148	24.51	3.12	$4,701
Mar 2000	367	169	28.42	2.86	$10,913
Feb 2000	271	124	27.62	2.73	$7,823
Jan 2000	158	131	25.27	2.48	$4,318
Dec 1999	182	186	24.28	2.42	$4,870
Nov 1999	186	187	23.19	2.43	$4,769
Oct 1999	279	183	20.98	2.80	$6,367
Sep 1999	183	189	21.75	2.62	$4,475
Aug 1999	180	201	19.26	2.88	$4,045
Jul 1999	273	202	17.89	2.37	$5,363
Jun 1999	185	200	15.94	2.36	$3,421
May 1999	181	190	15.79	2.32	$3,299
Apr 1999	182	177	15.10	2.21	$3,139
Mar 1999	279	190	12.47	1.84	$3,828
Feb 1999	189	184	9.98	1.82	$2,221
Jan 1999	271	195	10.38	1.90	$3,183
Dec 1998	185	166	9.20	1.77	$1,996
Nov 1998	198	191	10.89	2.19	$2,574
Oct 1998	330	116	12.42	1.97	$4,327
Sep 1998	307	115	12.59	2.08	$4,105
Aug 1998	217	121	11.30	1.91	$2,683
Jul 1998	219	119	11.74	2.24	$2,837
Jun 1998	217	114	11.24	2.24	$2,694
May 1998	334	118	12.62	2.21	$4,475
Apr 1998	331	112	13.04	2.51	$4,597
Mar 1998	224	116	12.80	2.31	$3,135
Feb 1998	373	105	13.95	2.30	$5,445
Jan 1998	216	107	14.70	2.15	$3,406
Dec 1997	382	140	16.32	2.41	$6,572
Nov 1997	227	143	18.19	3.09	$4,571
Oct 1997	227	139	19.25	3.15	$4,808
Sep 1997	222	162	17.74	2.95	$4,417
Aug 1997	197	169	17.86	2.55	$3,950
Jul 1997	221	159	17.58	2.25	$4,242
Jun 1997	139	149	17.24	2.26	$2,733
May 1997	139	130	18.97	2.31	$2,937
Apr 1997	142	146	17.88	2.08	$2,843
Mar 1997	210	182	18.95	1.94	$4,332
Feb 1997	143	169	20.49	2.21	$3,303
Jan 1997	280	122	23.48	3.54	$7,006
Dec 1996	378	150	23.32	—	$8,815
Nov 1996	95	70	21.97	—	$2,087
Oct 1996	280	63	23.31	—	$6,527
Sep 1996	150	162	22.22	—	$3,333
Aug 1996	157	101	20.26	—	$3,181
Jul 1996	226	153	19.55	—	$4,418
Jun 1996	149	131	18.73	—	$2,791
May 1996	225	155	19.43	—	$4,372
Apr 1996	227	147	21.51	—	$4,883
Mar 1996	227	151	19.38	—	$4,399
Feb 1996	152	156	16.98	—	$2,581
Jan 1996	227	209	17.07	—	$3,875
Dec 1995	226	256	17.19	—	$3,885
Nov 1995	151	256	16.00	—	$2,416
Oct 1995	219	267	15.43	—	$3,379
Sep 1995	229	240	16.18	—	$3,705
Aug 1995	85	132	15.92	—	$1,353
Jul 1995	87	116	15.24	—	$1,326
Jun 1995	56	105	16.41	—	$919
May 1995	85	115	17.56	—	$1,493
Apr 1995	87	114	17.73	—	$1,543
Mar 1995	115	114	16.44	—	$1,891
Feb 1995	57	103	16.58	—	$945
Jan 1995	88	103	15.92	—	$1,401
Dec 1994	116	113	15.03	—	$1,743
Nov 1994	85	111	15.90	—	$1,352
Oct 1994	82	114	15.58	—	$1,278
Sep 1994	81	110	15.29	—	$1,238
Aug 1994	109	220	16.13	—	$1,758
Jul 1994	47	217	17.56	—	$825
Jun 1994	113	219	17.09	—	$1,931
May 1994	83	174	15.88	—	$1,318
Apr 1994	83	216	14.14	—	$1,174
Mar 1994	110	221	12.46	—	$1,371
Feb 1994	112	192	12.50	—	$1,400
Jan 1994	80	205	12.66	—	$1,013
Dec 1993	115	208	12.33	—	$1,418
Nov 1993	84	210	14.49	—	$1,217
Oct 1993	153	219	15.85	—	$2,425
Sep 1993	200	191	15.03	—	$3,006
Aug 1993	199	168	15.66	—	$3,116
Jul 1993	182	155	15.46	—	$2,814
Jun 1993	189	163	16.79	—	$3,173
May 1993	142	157	17.68	—	$2,511
Apr 1993	183	162	18.05	—	$3,303
Mar 1993	182	159	18.14	—	$3,301
Feb 1993	186	141	17.90	—	$3,329
Jan 1993	183	165	16.93	—	$3,098

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 2006 — as filed, then multipliedworked

Oil                  136 bbl  × $ 54.20 =     $7,371
Casinghead gas         0 Mcf  × $  7.62 =         $0

────────────────────────────────────────────────────
Month total                                   $7,371

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/29444 is the state's own key, not one this site invented.