MOBIL-EIDSON "26"

Operated by RUST OIL CORP. (P-5 737890) in the MOSSWELL (STRAWN 8720) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 29579District 08Field 63225666NGPA filingOilCasinghead gasSaveExport
Value, all time
$1.5 M
Jan 1993 – Mar 2009
Value, last 12 filed months
$16 k
at the published price for each month
Months reported
195
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 8 leases and 14 wells, and the rule below applies to all of them.

Discovered
1965-02-02
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 1986-07-01.

The Commission's schedule remark for this field reads: OPTIONAL 80 ACRES 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
OilDisposition56,878 bbl$1,350,167
Casinghead gasProduction35,476 Mcf$107,914
Total$1,458,081

10,015 Mcf of this lease's gas, across 45 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 31.7700, -102.6180. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.76997, -102.61797 · 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
9,200 ft
1 wells filed one
Completion to plug
21.8 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 9,200 ft.

Completions filed
Oct 1984
1 of 1 wells
Plug dates filed
Aug 2006
1 of 1 wells

Last completion to plug: a median of 21.8 years across the 1 well that filed both dates, with the middle half between 21.8 years and 21.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-1353461919,200 ftOct 1984Aug 2006Yes

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 (195)

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

195 months

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 20081490110.3110.45$16,436
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
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 20051698961.519.80$11,267
Jul 200535232855.697.84$22,176
Jun 2005360052.337.38$18,839
May 200535533345.226.65$18,268
Apr 200535831849.207.36$19,954
Mar 200553233250.377.15$29,172
Feb 200535629345.226.31$17,948
Jan 200536033143.166.32$17,630
Dec 200453932639.866.75$23,685
Nov 200435923045.286.33$17,712
Oct 200440126049.706.52$21,624
Sep 200435330943.245.28$16,896
Aug 200435432942.375.55$16,825
Jul 200453533438.286.08$22,512
Jun 200433231236.106.43$13,992
May 200435732737.486.49$15,504
Apr 200436930534.475.86$14,506
Mar 200455126634.365.53$20,403
Feb 200434715132.455.51$12,092
Jan 200436417732.036.30$12,774
Dec 200340317730.266.30$13,310
Nov 200336517628.804.60$11,321
Oct 200336819828.174.76$11,309
Sep 200352823626.314.75$15,013
Aug 200335627429.765.13$12,000
Jul 200336829329.415.17$12,338
Jun 200353431328.565.98$17,124
May 200335933826.595.97$11,565
Apr 200336131626.675.41$11,337
Mar 200337231831.146.10$13,523
Feb 200356128633.487.93$21,049
Jan 200336126430.315.58$12,416
Dec 200236531726.914.85$11,361
Nov 200254429824.664.14$14,648
Oct 200236432026.464.23$10,985
Sep 200235532727.443.64$10,930
Aug 200254327325.963.16$14,960
Jul 200235933024.583.06$9,835
Jun 200236430723.733.34$9,663
May 200254630424.663.58$14,554
Apr 200237331323.653.51$9,921
Mar 200237432522.003.10$9,236
Feb 200236527918.222.38$7,313
Jan 200253531717.172.38$9,939
Dec 200156033316.932.36$10,268
Nov 200136830818.072.41$7,391
Oct 200137134919.782.53$8,221
Sep 200154936324.262.25$14,136
Aug 200137536624.873.05$10,444
Jul 200154938423.933.20$14,365
Jun 200137438524.563.82$10,658
May 200153238725.524.31$15,244
Apr 200155136724.685.34$15,557
Mar 200136419724.545.38$9,992
Feb 20011799227.755.77$5,498
Jan 200136224427.478.40$11,993
Dec 200036824426.889.12$12,118
Nov 200036323432.215.66$13,016
Oct 200036624531.235.15$12,691
Sep 200038124431.875.19$13,408
Aug 200037424829.644.54$12,211
Jul 200037124928.534.09$11,603
Jun 200036722029.304.40$11,721
May 200036313327.263.68$10,385
Apr 200036624824.513.12$9,743
Mar 200037925128.422.86$11,489
Feb 200036719827.622.73$10,676
Jan 200036822925.272.48$9,867
Dec 199937022924.282.42$9,539
Nov 199936821723.192.43$9,062
Oct 199936921920.982.80$8,356
Sep 199951922621.752.62$11,880
Aug 199935325319.262.88$7,526
Jul 199934725517.892.37$6,813
Jun 199935524615.942.36$6,240
May 199935419315.792.32$6,038
Apr 199935822215.102.21$5,896
Mar 199952919512.471.84$6,955
Feb 19991801919.981.82$2,144
Jan 199936722010.381.90$4,227
Dec 19985422349.201.77$5,401
Nov 199817914110.892.19$2,258
Oct 1998362012.421.97$4,496
Sep 1998530012.592.08$6,673
Aug 199818012911.301.91$2,280
Jul 199835420911.742.24$4,624
Jun 199849320111.242.24$5,991
May 199834122012.622.21$4,789
Apr 199835421513.042.51$5,155
Mar 199834522112.802.31$4,926
Feb 199834918513.952.30$5,294
Jan 199852021814.702.15$8,114
Dec 199735022516.322.41$6,255
Nov 199735016418.193.09$6,873
Oct 199735514419.253.15$7,287
Sep 199734218517.742.95$6,614
Aug 199752619317.862.55$9,887
Jul 199717519317.582.25$3,510
Jun 199735419017.242.26$6,532
May 199735113418.972.31$6,968
Apr 199734716617.882.08$6,550
Mar 199734815318.951.94$6,891
Feb 199751415520.492.21$10,874
Jan 199735815323.483.54$8,947
Dec 199619113823.32$4,454
Nov 199634716921.97$7,624
Oct 199651416723.31$11,981
Sep 199634616222.22$7,688
Aug 199617316520.26$3,505
Jul 199649110419.55$9,599
Jun 199636713318.73$6,874
May 199636213019.43$7,034
Apr 199636215121.51$7,787
Mar 199636319019.38$7,035
Feb 199618416816.98$3,124
Jan 19963735317.07$6,367
Dec 199536115417.19$6,206
Nov 199534918216.00$5,584
Oct 199537117015.43$5,725
Sep 199535717016.18$5,776
Aug 199537820815.92$6,018
Jul 199535915915.24$5,471
Jun 199519310216.41$3,167
May 199536013717.56$6,322
Apr 199536713517.73$6,507
Mar 199535813316.44$5,886
Feb 199536011116.58$5,969
Jan 199536412915.92$5,795
Dec 199418113415.03$2,720
Nov 199435514615.90$5,645
Oct 199436716315.58$5,718
Sep 199434918315.29$5,336
Aug 199435517216.13$5,726
Jul 199433618317.56$5,900
Jun 199435716917.09$6,101
May 199435413015.88$5,622
Apr 199417717314.14$2,503
Mar 199435316612.46$4,398
Feb 199417912712.50$2,238
Jan 199435110412.66$4,444
Dec 19931822512.33$2,244
Nov 19931114.49$14
Oct 19930015.85$0
Sep 19930015.03$0
Aug 19930015.66$0
Jul 199353453315.46$8,256
Jun 199352872016.79$8,865
May 199353065917.68$9,370
Apr 199352867818.05$9,530
Mar 199371370618.14$12,934
Feb 199353562917.90$9,577
Jan 199353369416.93$9,024

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.

Apr 2008 — as filed, then multipliedworked
Oil                  149 bbl  × $110.31 =    $16,436
Casinghead gas         0 Mcf  × $ 10.45 =         $0

────────────────────────────────────────────────────
Month total                                  $16,436

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/29579 is the state's own key, not one this site invented.