NASH -A-

Operated by FOUR C OIL & GAS CORP. (P-5 280588) in the T.C.I., WEST (SEVEN RIVERS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 29927District 08Field 87890700Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$115 k
Jan 1993 – Aug 2003
Value, last 12 filed months
$19 k
at the published price for each month
Months reported
128
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 26 leases and 29 wells, and the rule below applies to all of them.

Discovered
1984-08-05
as the register files it
Field class
Oil and gas
the register's own label
Between wells
660 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2003-01-01.

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: AOF-1 AND AOF-2 EFFECTIVE 10/01/2003.

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
OilDisposition2,878 bbl$54,760
Casinghead gasProduction37,911 Mcf$59,793
Total$114,553

19,138 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 31.2638, -102.7080. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.26379, -102.70803 · 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
2,404 ft
1 wells filed one
Completion to plug
18.0 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 2,404 ft.

Completions filed
Jun 1985
1 of 1 wells
Plug dates filed
Jun 2003
1 of 1 wells

Last completion to plug: a median of 18.0 years across the 1 well that filed both dates, with the middle half between 18.0 years and 18.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3713510912,404 ftJun 1985Jun 2003Yes

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 (128)

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

128 months

Aug 20030029.765.13$0
Jul 200301629.415.17$83
Jun 200308728.565.98$521
May 2003015126.595.97$902
Apr 20038815226.675.41$3,169
Mar 2003014031.146.10$853
Feb 2003018433.487.93$1,458
Jan 200317529030.315.58$6,923
Dec 2002034126.914.85$1,655
Nov 2002033724.664.14$1,394
Oct 2002026526.464.23$1,121
Sep 2002015727.443.64$571
Aug 2002010025.963.16$316
Jul 2002013224.583.06$404
Jun 2002012223.733.34$407
May 2002017324.663.58$620
Apr 2002013823.653.51$485
Mar 2002017822.003.10$552
Feb 200216817318.222.38$3,472
Jan 2002018617.172.38$442
Dec 2001016016.932.36$378
Nov 2001014518.072.41$349
Oct 2001015819.782.53$400
Sep 2001013024.262.25$293
Aug 2001013024.873.05$397
Jul 2001011623.933.20$371
Jun 200109124.563.82$348
May 200117415525.524.31$5,108
Apr 2001017124.685.34$912
Mar 2001016924.545.38$909
Feb 2001015927.755.77$917
Jan 2001020827.478.40$1,747
Dec 2000020626.889.12$1,879
Nov 2000024032.215.66$1,358
Oct 2000023231.235.15$1,194
Sep 2000020131.875.19$1,042
Aug 2000022729.644.54$1,031
Jul 2000021228.534.09$867
Jun 200017021829.304.40$5,940
May 2000022727.263.68$835
Apr 2000020424.513.12$636
Mar 2000024528.422.86$701
Feb 2000023227.622.73$633
Jan 2000025725.272.48$637
Dec 1999025824.282.42$625
Nov 1999027223.192.43$662
Oct 199916423520.982.80$4,100
Sep 1999025321.752.62$663
Aug 1999025719.262.88$739
Jul 1999024417.892.37$579
Jun 1999025715.942.36$607
May 1999027415.792.32$636
Apr 1999027815.102.21$614
Mar 1999030412.471.84$559
Feb 199903079.981.82$558
Jan 199917032410.381.90$2,380
Dec 199803259.201.77$576
Nov 1998031010.892.19$678
Oct 1998031712.421.97$624
Sep 1998033012.592.08$687
Aug 1998035311.301.91$673
Jul 1998033611.742.24$752
Jun 1998030711.242.24$687
May 1998031312.622.21$691
Apr 199817828013.042.51$3,023
Mar 1998024012.802.31$554
Feb 1998020513.952.30$471
Jan 1998025314.702.15$545
Dec 1997026416.322.41$637
Nov 1997029218.193.09$902
Oct 1997032419.253.15$1,021
Sep 1997034017.742.95$1,005
Aug 199717232817.862.55$3,910
Jul 1997031517.582.25$708
Jun 1997029317.242.26$661
May 1997038118.972.31$880
Apr 1997041517.882.08$864
Mar 1997039918.951.94$774
Feb 1997036720.492.21$810
Jan 1997040823.483.54$1,444
Dec 199617741023.32$4,128
Nov 1996038721.97$0
Oct 1996036623.31$0
Sep 1996040922.22$0
Aug 1996044020.26$0
Jul 1996050919.55$0
Jun 199617244818.73$3,222
May 1996044219.43$0
Apr 1996041421.51$0
Mar 1996053319.38$0
Feb 1996053916.98$0
Jan 1996057917.07$0
Dec 1995044717.19$0
Nov 1995030916.00$0
Oct 1995029015.43$0
Sep 199518027116.18$2,912
Aug 1995030015.92$0
Jul 1995031515.24$0
Jun 1995032316.41$0
May 1995026717.56$0
Apr 1995036717.73$0
Mar 1995040216.44$0
Feb 199517841316.58$2,951
Jan 1995023515.92$0
Dec 1994030815.03$0
Nov 1994034815.90$0
Oct 1994044715.58$0
Sep 199417847915.29$2,722
Aug 1994051616.13$0
Jul 1994050517.56$0
Jun 1994148017.09$17
May 1994045015.88$0
Apr 1994033214.14$0
Mar 1994034212.46$0
Feb 199418322912.50$2,288
Jan 1994029112.66$0
Dec 1993028712.33$0
Nov 1993030714.49$0
Oct 1993036415.85$0
Sep 199317538115.03$2,630
Aug 1993039015.66$0
Jul 1993040615.46$0
Jun 1993040216.79$0
May 1993047617.68$0
Apr 199317548818.05$3,159
Mar 1993049518.14$0
Feb 1993048617.90$0
Jan 1993051416.93$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.

Jul 2003 — as filed, then multipliedworked
Oil                    0 bbl  × $ 29.41 =         $0
Casinghead gas        16 Mcf  × $  5.17 =        $83

────────────────────────────────────────────────────
Month total                                      $83

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/29927 is the state's own key, not one this site invented.