GLASSCOCK

Operated by KEYSTONE ENERGY OIL & GAS, INC. (P-5 458777) in the SPRABERRY (TREND AREA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 29748District 08Field 85280300NGPA filingOilCasinghead gasSaveExport
Value, all time
$210 k
Jan 1993 – Feb 2002
Value, last 12 filed months
$6 k
at the published price for each month
Months reported
110
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 16,587 leases and 43,997 wells, and the rule below applies to all of them.

Discovered
1952-12-22
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2018-02-13.

The Commission's schedule remark for this field reads: SPRABERRY (TREND AREA) FIELD EFFECTIVE 10/1/2019.

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
OilDisposition10,186 bbl$197,747
Casinghead gasProduction14,963 Mcf$12,220
Total$209,967

11,116 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 32.1246, -101.9567. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.12461, -101.95667 · 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
16.9 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
Feb 1985
1 of 1 wells
Plug dates filed
Jan 2002
1 of 1 wells

Last completion to plug: a median of 16.9 years across the 1 well that filed both dates, with the middle half between 16.9 years and 16.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3173308819,200 ftFeb 1985Jan 2002Yes

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 (110)

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

110 months

Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 200151024.563.82$1,253
May 2001172025.524.31$4,389
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010427.478.40$34
Dec 200019118926.889.12$6,858
Nov 200018418332.215.66$6,962
Oct 200019931.235.15$541
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 200002128.534.09$86
Jun 20000029.304.40$0
May 2000015327.263.68$563
Apr 200018519424.513.12$5,139
Mar 200039918528.422.86$11,869
Feb 200019322627.622.73$5,947
Jan 200038628925.272.48$10,471
Dec 199919826524.282.42$5,450
Nov 199918521523.192.43$4,813
Oct 199938920020.982.80$8,722
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 19980311.742.24$7
Jun 199804411.242.24$98
May 199808612.622.21$190
Apr 19981687113.042.51$2,369
Mar 199805112.802.31$118
Feb 19980713.952.30$16
Jan 199814414.702.15$110
Dec 199738515316.322.41$6,652
Nov 199704918.193.09$151
Oct 19970119.253.15$3
Sep 19970117.742.95$3
Aug 19971922617.862.55$3,496
Jul 1997314817.582.25$385
Jun 199738822917.242.26$7,206
May 1997012018.972.31$277
Apr 199704517.882.08$94
Mar 1997211418.951.94$259
Feb 199739214220.492.21$8,345
Jan 199719229023.483.54$5,535
Dec 199619819423.32$4,617
Nov 1996013321.97$0
Oct 19961927723.31$4,476
Sep 1996122822.22$22
Aug 199638811920.26$7,861
Jul 199619616519.55$3,832
Jun 199619830218.73$3,709
May 1996012219.43$0
Apr 199616615021.51$3,571
Mar 1996010919.38$0
Feb 1996020216.98$0
Jan 1996028717.07$0
Dec 1995016317.19$0
Nov 1995012416.00$0
Oct 199505715.43$0
Sep 1995016216.18$0
Aug 19951389015.92$2,197
Jul 199504915.24$0
Jun 199518816716.41$3,085
May 199519215317.56$3,372
Apr 199518716717.73$3,316
Mar 199518126416.44$2,976
Feb 1995014916.58$0
Jan 199518816215.92$2,993
Dec 1994017515.03$0
Nov 199418916715.90$3,005
Oct 199418813615.58$2,929
Sep 1994038215.29$0
Aug 199419225116.13$3,097
Jul 199417020217.56$2,985
Jun 199418018417.09$3,076
May 199417417515.88$2,763
Apr 199415234914.14$2,149
Mar 199418038912.46$2,243
Feb 199417530612.50$2,188
Jan 199418924512.66$2,393
Dec 1993025912.33$0
Nov 199317833014.49$2,579
Oct 199329429215.85$4,660
Sep 1993029515.03$0
Aug 199316138915.66$2,521
Jul 199319040415.46$2,937
Jun 199318943216.79$3,173
May 199315948717.68$2,811
Apr 199318825318.05$3,393
Mar 199317845418.14$3,229
Feb 199319027717.90$3,401
Jan 1993048816.93$0

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.

Jun 2001 — as filed, then multipliedworked
Oil                   51 bbl  × $ 24.56 =     $1,253
Casinghead gas         0 Mcf  × $  3.82 =         $0

────────────────────────────────────────────────────
Month total                                   $1,253

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/29748 is the state's own key, not one this site invented.