DEPCO-SLATOR -24-

Operated by MAYNARD OIL CO. (P-5 536740) 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 31011District 08Field 35652868Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$296 k
Jan 1993 – Sep 2002
Value, last 12 filed months
$35 k
at the published price for each month
Months reported
117
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 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.

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
OilDisposition12,948 bbl$259,062
Casinghead gasProduction50,096 Mcf$37,074
Total$296,136

39,312 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 31.9077, -102.6759. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.90767, -102.67590 · 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
6,000 ft
1 wells filed one
Completion to plug
13.8 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 6,000 ft.

Completions filed
Jan 2003
1 of 1 wells
Plug dates filed
Nov 2016
1 of 1 wells

Last completion to plug: a median of 13.8 years across the 1 well that filed both dates, with the middle half between 13.8 years and 13.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-1353535816,000 ftJan 2003Nov 2016Yes

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 (117)

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

117 months

Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 2002173024.583.06$4,252
Jun 2002014323.733.34$477
May 200217621824.663.58$5,121
Apr 200217422823.653.51$4,916
Mar 200217724122.003.10$4,642
Feb 2002021418.222.38$508
Jan 200218522917.172.38$3,720
Dec 200117822816.932.36$3,553
Nov 200117722118.072.41$3,730
Oct 200118023519.782.53$4,155
Sep 200117823324.262.25$4,843
Aug 200117225024.873.05$5,041
Jul 200117726923.933.20$5,096
Jun 200117025224.563.82$5,139
May 200117926125.524.31$5,692
Apr 200118023324.685.34$5,686
Mar 200117928624.545.38$5,930
Feb 2001026027.755.77$1,499
Jan 200136427627.478.40$12,317
Dec 200017728026.889.12$7,312
Nov 200018327532.215.66$7,450
Oct 200017229231.235.15$6,874
Sep 200017530131.875.19$7,138
Aug 200035132229.644.54$11,866
Jul 200035711228.534.09$10,643
Jun 20003586029.304.40$10,753
May 20001694427.263.68$4,769
Apr 20003824.513.12$98
Mar 200002228.422.86$63
Feb 20001624827.622.73$4,605
Jan 200026225.272.48$204
Dec 199906224.282.42$150
Nov 199906023.192.43$146
Oct 199906220.982.80$174
Sep 199906021.752.62$157
Aug 19991716219.262.88$3,472
Jul 199906217.892.37$147
Jun 199906015.942.36$142
May 19991576215.792.32$2,623
Apr 199906015.102.21$132
Mar 199909212.471.84$169
Feb 19991551369.981.82$1,794
Jan 1999014810.381.90$281
Dec 19981741359.201.77$1,840
Nov 1998013410.892.19$293
Oct 199814715412.421.97$2,129
Sep 1998113212.592.08$288
Aug 1998018311.301.91$349
Jul 199817419511.742.24$2,479
Jun 1998019111.242.24$427
May 199816117712.622.21$2,422
Apr 1998415313.042.51$435
Mar 199815615912.802.31$2,364
Feb 1998215313.952.30$380
Jan 199814413414.702.15$2,406
Dec 1997013716.322.41$330
Nov 199715913618.193.09$3,312
Oct 1997113419.253.15$441
Sep 199716813917.742.95$3,391
Aug 1997613417.862.55$450
Jul 1997115717.582.25$370
Jun 199717816817.242.26$3,448
May 1997016918.972.31$390
Apr 1997018817.882.08$392
Mar 199718119118.951.94$3,800
Feb 1997017120.492.21$377
Jan 199718313123.483.54$4,761
Dec 1996013423.32$0
Nov 199617715721.97$3,889
Oct 1996012923.31$0
Sep 199617918822.22$3,977
Aug 1996017820.26$0
Jul 199617819019.55$3,480
Jun 1996033318.73$0
May 199617029719.43$3,303
Apr 1996021421.51$0
Mar 199617520819.38$3,392
Feb 1996020116.98$0
Jan 199618068117.07$3,073
Dec 199501,43817.19$0
Nov 199517155016.00$2,736
Oct 199516680615.43$2,561
Sep 199501,17816.18$0
Aug 199517197415.92$2,722
Jul 1995179015.24$15
Jun 199518066816.41$2,954
May 1995087317.56$0
Apr 199517884117.73$3,156
Mar 199518370916.44$3,009
Feb 199501,03116.58$0
Jan 199517876415.92$2,834
Dec 199418287815.03$2,735
Nov 1994088915.90$0
Oct 19941821,30315.58$2,836
Sep 1994094715.29$0
Aug 19941811,10616.13$2,920
Jul 19941751,15817.56$3,073
Jun 19941821,27617.09$3,110
May 1994083815.88$0
Apr 19941741,19614.14$2,460
Mar 19941811,44412.46$2,255
Feb 1994095412.50$0
Jan 19941821,12412.66$2,304
Dec 199318371512.33$2,256
Nov 19931811,15414.49$2,623
Oct 199317497815.85$2,758
Sep 1993099015.03$0
Aug 19931791,51315.66$2,803
Jul 19931801,37515.46$2,783
Jun 199317988216.79$3,005
May 1993085917.68$0
Apr 199317884118.05$3,213
Mar 19931791,27018.14$3,247
Feb 19931801,10317.90$3,222
Jan 199315898716.93$2,675

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 2002 — as filed, then multipliedworked
Oil                  173 bbl  × $ 24.58 =     $4,252
Casinghead gas         0 Mcf  × $  3.06 =         $0

────────────────────────────────────────────────────
Month total                                   $4,252

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/31011 is the state's own key, not one this site invented.