VALLEY -M-

Operated by RIATA ENERGY, INC. (P-5 706407) in the BROOKLAW (CLEAR FORK, LOWER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 30429District 08Field 12230333Hydrogen sulphide fieldNGPA filingOilCasinghead gasSaveExport
Value, all time
$33 k
Jan 1993 – Jul 2003
Value, last 12 filed months
$5 k
at the published price for each month
Months reported
127
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 35 leases and 96 wells, and the rule below applies to all of them.

Discovered
1969-04-08
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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 08/01/2001.

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
OilDisposition35 bbl$565
Casinghead gasProduction11,641 Mcf$32,050
Total$32,614

2,077 Mcf of this lease's gas, across 18 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 31.0850, -102.5613. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.08499, -102.56130 · 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
0.0%
0 of 1 wells
Median depth
3,235 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
1100.0%
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

The one well that filed a depth was drilled to 3,235 ft.

Completions filed
Jan 2003
1 of 1 wells

1 well

42-3713562683,235 ftJan 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 (127)

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

127 months

Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 2002011826.914.85$573
Nov 2002046824.664.14$1,936
Oct 2002041526.464.23$1,755
Sep 2002033927.443.64$1,232
Aug 20020025.963.16$0
Jul 2002036224.583.06$1,108
Jun 2002023823.733.34$795
May 2002026824.663.58$961
Apr 2002022523.653.51$790
Mar 2002014922.003.10$462
Feb 2002010718.222.38$254
Jan 200202117.172.38$50
Dec 200109116.932.36$215
Nov 200101618.072.41$38
Oct 200102619.782.53$66
Sep 20010824.262.25$18
Aug 20010024.873.05$0
Jul 200101523.933.20$48
Jun 2001017224.563.82$658
May 2001014625.524.31$629
Apr 2001018824.685.34$1,003
Mar 2001016724.545.38$898
Feb 2001017127.755.77$986
Jan 2001011727.478.40$983
Dec 200005626.889.12$511
Nov 2000017432.215.66$984
Oct 2000011031.235.15$566
Sep 2000013731.875.19$711
Aug 2000015229.644.54$690
Jul 2000018828.534.09$769
Jun 2000016629.304.40$730
May 2000014127.263.68$519
Apr 2000019124.513.12$595
Mar 2000017028.422.86$486
Feb 2000013427.622.73$365
Jan 2000012825.272.48$318
Dec 1999011724.282.42$284
Nov 1999011623.192.43$282
Oct 1999012520.982.80$350
Sep 199909121.752.62$238
Aug 1999011619.262.88$334
Jul 1999023817.892.37$565
Jun 1999017615.942.36$416
May 1999016615.792.32$385
Apr 1999014515.102.21$320
Mar 1999012812.471.84$235
Feb 199901279.981.82$231
Jan 1999013310.381.90$253
Dec 199801129.201.77$199
Nov 199806210.892.19$136
Oct 199803612.421.97$71
Sep 199801812.592.08$37
Aug 199801011.301.91$19
Jul 199808711.742.24$195
Jun 1998013411.242.24$300
May 1998011912.622.21$263
Apr 1998010213.042.51$256
Mar 1998012412.802.31$286
Feb 1998011713.952.30$269
Jan 1998011114.702.15$239
Dec 199708216.322.41$198
Nov 1997012118.193.09$374
Oct 1997011219.253.15$353
Sep 199709717.742.95$287
Aug 1997010117.862.55$258
Jul 1997011317.582.25$254
Jun 1997014617.242.26$330
May 1997016518.972.31$381
Apr 199707117.882.08$148
Mar 199709518.951.94$184
Feb 1997015420.492.21$340
Jan 199702323.483.54$81
Dec 1996012423.32$0
Nov 1996014121.97$0
Oct 1996016623.31$0
Sep 199606122.22$0
Aug 199609820.26$0
Jul 199609519.55$0
Jun 199601818.73$0
May 19960519.43$0
Apr 199605421.51$0
Mar 1996015819.38$0
Feb 1996014616.98$0
Jan 1996014617.07$0
Dec 1995018517.19$0
Nov 1995012316.00$0
Oct 19950015.43$0
Sep 19950016.18$0
Aug 1995011915.92$0
Jul 199509615.24$0
Jun 1995019816.41$0
May 1995014417.56$0
Apr 19950017.73$0
Mar 19950016.44$0
Feb 19950016.58$0
Jan 19950015.92$0
Dec 19940015.03$0
Nov 19940015.90$0
Oct 19940015.58$0
Sep 19940015.29$0
Aug 199435016.13$565
Jul 19940017.56$0
Jun 19940017.09$0
May 19940015.88$0
Apr 19940014.14$0
Mar 19940012.46$0
Feb 19940012.50$0
Jan 19940012.66$0
Dec 19930012.33$0
Nov 19930014.49$0
Oct 19930015.85$0
Sep 19930015.03$0
Aug 19930015.66$0
Jul 19930015.46$0
Jun 19930016.79$0
May 19930017.68$0
Apr 19930018.05$0
Mar 19930018.14$0
Feb 19930017.90$0
Jan 19930016.93$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.

Dec 2002 — as filed, then multipliedworked
Oil                    0 bbl  × $ 26.91 =         $0
Casinghead gas       118 Mcf  × $  4.85 =       $573

────────────────────────────────────────────────────
Month total                                     $573

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/30429 is the state's own key, not one this site invented.