TXL-CF

Name: TXL-CF lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by BAKER OPERATING, INC. (P-5 46623) 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 31193District 08Field 35652868Hydrogen sulphide fieldNGPA filingOilCasinghead gasSave Export

Value, all time

$865 k

Jan 1993 – Mar 2007

Value, last 12 filed months

$64 k

at the published price for each month

Months reported

171

no gaps in the span

Streams

oil, casinghead gas

The GOLDSMITH (5600) field

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.”

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.

Programme	Filings	With an approval date	Dated	Docket
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Oil	Disposition	35,795 bbl	$796,540
Casinghead gas	Production	44,054 Mcf	$68,767
Total			$865,307

27,221 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 31.9057, -102.6842. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.90565, -102.68419 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

6,200 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 6,200 ft.

Completions filed

Apr 1987

1 of 1 wells

1 well


42-13535379	1	6,200 ft	Apr 1987	—	Yes

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 (171)

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

171 months


Mar 2007	0	0	56.92	7.30	$0
Feb 2007	0	0	55.10	8.22	$0
Jan 2007	0	0	50.30	6.73	$0
Dec 2006	0	0	56.65	6.92	$0
Nov 2006	0	0	54.20	7.62	$0
Oct 2006	254	149	54.90	6.01	$14,841
Sep 2006	0	129	60.08	5.04	$650
Aug 2006	157	147	68.71	7.34	$11,866
Jul 2006	175	111	69.37	6.34	$12,844
Jun 2006	1	102	66.28	6.38	$717
May 2006	163	106	66.01	6.42	$11,441
Apr 2006	165	101	64.39	7.36	$11,368
Mar 2006	8	104	56.70	7.08	$1,190
Feb 2006	168	86	57.59	7.75	$10,342
Jan 2006	2	103	60.59	8.93	$1,041
Dec 2005	168	74	54.94	13.42	$10,223
Nov 2005	170	106	54.69	10.59	$10,420
Oct 2005	1	77	58.34	13.80	$1,121
Sep 2005	172	92	61.45	12.08	$11,681
Aug 2005	172	103	61.51	9.80	$11,589
Jul 2005	2	105	55.69	7.84	$935
Jun 2005	176	106	52.33	7.38	$9,992
May 2005	0	108	45.22	6.65	$718
Apr 2005	164	82	49.20	7.36	$8,672
Mar 2005	187	106	50.37	7.15	$10,178
Feb 2005	0	96	45.22	6.31	$606
Jan 2005	181	109	43.16	6.32	$8,501
Dec 2004	183	110	39.86	6.75	$8,037
Nov 2004	8	110	45.28	6.33	$1,059
Oct 2004	186	100	49.70	6.52	$9,896
Sep 2004	0	107	43.24	5.28	$565
Aug 2004	166	89	42.37	5.55	$7,527
Jul 2004	184	107	38.28	6.08	$7,695
Jun 2004	7	110	36.10	6.43	$960
May 2004	180	115	37.48	6.49	$7,493
Apr 2004	187	106	34.47	5.86	$7,067
Mar 2004	0	111	34.36	5.53	$614
Feb 2004	184	101	32.45	5.51	$6,527
Jan 2004	174	108	32.03	6.30	$6,254
Dec 2003	12	100	30.26	6.30	$993
Nov 2003	199	96	28.80	4.60	$6,172
Oct 2003	184	99	28.17	4.76	$5,654
Sep 2003	186	94	26.31	4.75	$5,340
Aug 2003	0	104	29.76	5.13	$533
Jul 2003	193	104	29.41	5.17	$6,214
Jun 2003	1	101	28.56	5.98	$633
May 2003	153	104	26.59	5.97	$4,689
Apr 2003	183	82	26.67	5.41	$5,324
Mar 2003	187	94	31.14	6.10	$6,396
Feb 2003	4	96	33.48	7.93	$895
Jan 2003	177	109	30.31	5.58	$5,973
Dec 2002	188	111	26.91	4.85	$5,598
Nov 2002	182	107	24.66	4.14	$4,931
Oct 2002	179	120	26.46	4.23	$5,244
Sep 2002	1	96	27.44	3.64	$376
Aug 2002	183	95	25.96	3.16	$5,051
Jul 2002	189	124	24.58	3.06	$5,025
Jun 2002	179	115	23.73	3.34	$4,632
May 2002	193	127	24.66	3.58	$5,215
Apr 2002	192	124	23.65	3.51	$4,976
Mar 2002	3	128	22.00	3.10	$463
Feb 2002	189	105	18.22	2.38	$3,693
Jan 2002	187	121	17.17	2.38	$3,498
Dec 2001	197	130	16.93	2.36	$3,643
Nov 2001	188	123	18.07	2.41	$3,693
Oct 2001	190	140	19.78	2.53	$4,112
Sep 2001	4	115	24.26	2.25	$356
Aug 2001	182	138	24.87	3.05	$4,948
Jul 2001	170	143	23.93	3.20	$4,525
Jun 2001	179	138	24.56	3.82	$4,924
May 2001	187	139	25.52	4.31	$5,371
Apr 2001	176	123	24.68	5.34	$5,000
Mar 2001	180	135	24.54	5.38	$5,143
Feb 2001	185	127	27.75	5.77	$5,866
Jan 2001	176	137	27.47	8.40	$5,985
Dec 2000	197	143	26.88	9.12	$6,600
Nov 2000	185	138	32.21	5.66	$6,740
Oct 2000	184	154	31.23	5.15	$6,539
Sep 2000	174	159	31.87	5.19	$6,370
Aug 2000	173	159	29.64	4.54	$5,850
Jul 2000	174	164	28.53	4.09	$5,635
Jun 2000	188	161	29.30	4.40	$6,216
May 2000	176	126	27.26	3.68	$5,261
Apr 2000	187	156	24.51	3.12	$5,069
Mar 2000	186	161	28.42	2.86	$5,747
Feb 2000	183	151	27.62	2.73	$5,466
Jan 2000	184	163	25.27	2.48	$5,054
Dec 1999	186	165	24.28	2.42	$4,916
Nov 1999	179	165	23.19	2.43	$4,553
Oct 1999	178	169	20.98	2.80	$4,208
Sep 1999	360	168	21.75	2.62	$8,270
Aug 1999	192	170	19.26	2.88	$4,187
Jul 1999	189	176	17.89	2.37	$3,799
Jun 1999	196	171	15.94	2.36	$3,528
May 1999	185	182	15.79	2.32	$3,344
Apr 1999	195	175	15.10	2.21	$3,331
Mar 1999	185	180	12.47	1.84	$2,638
Feb 1999	205	164	9.98	1.82	$2,344
Jan 1999	376	188	10.38	1.90	$4,260
Dec 1998	183	178	9.20	1.77	$1,999
Nov 1998	195	185	10.89	2.19	$2,528
Oct 1998	186	194	12.42	1.97	$2,692
Sep 1998	185	223	12.59	2.08	$2,794
Aug 1998	182	238	11.30	1.91	$2,511
Jul 1998	363	235	11.74	2.24	$4,787
Jun 1998	188	228	11.24	2.24	$2,623
May 1998	199	236	12.62	2.21	$3,032
Apr 1998	355	210	13.04	2.51	$5,155
Mar 1998	194	222	12.80	2.31	$2,996
Feb 1998	173	194	13.95	2.30	$2,859
Jan 1998	179	198	14.70	2.15	$3,058
Dec 1997	186	184	16.32	2.41	$3,479
Nov 1997	354	188	18.19	3.09	$7,020
Oct 1997	199	215	19.25	3.15	$4,508
Sep 1997	354	166	17.74	2.95	$6,770
Aug 1997	177	174	17.86	2.55	$3,606
Jul 1997	371	183	17.58	2.25	$6,933
Jun 1997	181	183	17.24	2.26	$3,534
May 1997	362	184	18.97	2.31	$7,292
Apr 1997	183	238	17.88	2.08	$3,768
Mar 1997	382	328	18.95	1.94	$7,875
Feb 1997	189	304	20.49	2.21	$4,543
Jan 1997	380	317	23.48	3.54	$10,044
Dec 1996	187	247	23.32	—	$4,361
Nov 1996	187	242	21.97	—	$4,108
Oct 1996	358	239	23.31	—	$8,345
Sep 1996	185	236	22.22	—	$4,111
Aug 1996	362	204	20.26	—	$7,334
Jul 1996	192	190	19.55	—	$3,754
Jun 1996	354	88	18.73	—	$6,630
May 1996	351	227	19.43	—	$6,820
Apr 1996	189	159	21.51	—	$4,065
Mar 1996	360	636	19.38	—	$6,977
Feb 1996	170	317	16.98	—	$2,887
Jan 1996	360	455	17.07	—	$6,145
Dec 1995	179	874	17.19	—	$3,077
Nov 1995	363	663	16.00	—	$5,808
Oct 1995	370	949	15.43	—	$5,709
Sep 1995	181	829	16.18	—	$2,929
Aug 1995	351	906	15.92	—	$5,588
Jul 1995	372	889	15.24	—	$5,669
Jun 1995	171	555	16.41	—	$2,806
May 1995	361	573	17.56	—	$6,339
Apr 1995	356	550	17.73	—	$6,312
Mar 1995	367	446	16.44	—	$6,033
Feb 1995	183	400	16.58	—	$3,034
Jan 1995	370	652	15.92	—	$5,890
Dec 1994	557	741	15.03	—	$8,372
Nov 1994	185	833	15.90	—	$2,942
Oct 1994	356	928	15.58	—	$5,546
Sep 1994	360	712	15.29	—	$5,504
Aug 1994	379	748	16.13	—	$6,113
Jul 1994	187	555	17.56	—	$3,284
Jun 1994	504	653	17.09	—	$8,613
May 1994	360	722	15.88	—	$5,717
Apr 1994	195	850	14.14	—	$2,757
Mar 1994	543	815	12.46	—	$6,766
Feb 1994	190	666	12.50	—	$2,375
Jan 1994	513	656	12.66	—	$6,495
Dec 1993	374	775	12.33	—	$4,611
Nov 1993	380	602	14.49	—	$5,506
Oct 1993	348	436	15.85	—	$5,516
Sep 1993	330	660	15.03	—	$4,960
Aug 1993	362	805	15.66	—	$5,669
Jul 1993	376	678	15.46	—	$5,813
Jun 1993	362	616	16.79	—	$6,078
May 1993	559	500	17.68	—	$9,883
Apr 1993	188	463	18.05	—	$3,393
Mar 1993	375	426	18.14	—	$6,803
Feb 1993	366	388	17.90	—	$6,551
Jan 1993	547	467	16.93	—	$9,261

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.

Oct 2006 — as filed, then multipliedworked

Oil                  254 bbl  × $ 54.90 =    $13,945
Casinghead gas       149 Mcf  × $  6.01 =       $896

────────────────────────────────────────────────────
Month total                                  $14,841

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/31193 is the state's own key, not one this site invented.