ARGO-CRESPI -A-

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

Operated by ENERGEN RESOURCES CORPORATION (P-5 252002) 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 31324District 08Field 85280300NGPA filingOilCasinghead gasSave Export

Value, all time

$899 k

Jan 1993 – Oct 2009

Value, last 12 filed months

at the published price for each month

Months reported

202

no gaps in the span

Streams

oil, casinghead gas

The SPRABERRY (TREND AREA) 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 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.

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	26,329 bbl	$657,991
Casinghead gas	Production	86,166 Mcf	$241,438
Total			$899,430

29,931 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 31.9255, -101.9685. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.92553, -101.96848 · 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

100.0%

1 of 1 wells

Median depth

9,350 ft

1 wells filed one

Completion to plug

21.8 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 9,350 ft.

Completions filed

Jul 1987

1 of 1 wells

Plug dates filed

Apr 2009

1 of 1 wells

Last completion to plug: a median of 21.8 years across the 1 well that filed both dates, with the middle half between 21.8 years and 21.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-32931843	1	9,350 ft	Jul 1987	Apr 2009	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 (202)

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

202 months


Oct 2009	0	0	72.54	4.11	$0
Sep 2009	0	0	65.54	3.06	$0
Aug 2009	0	0	67.42	3.22	$0
Jul 2009	0	0	61.13	3.46	$0
Jun 2009	0	0	66.16	3.90	$0
May 2009	0	0	54.74	3.93	$0
Apr 2009	0	0	46.77	3.59	$0
Mar 2009	0	0	42.14	4.06	$0
Feb 2009	0	0	32.81	4.63	$0
Jan 2009	0	0	35.86	5.37	$0
Dec 2008	0	0	37.10	5.98	$0
Nov 2008	0	0	55.49	6.86	$0
Oct 2008	0	0	75.24	6.92	$0
Sep 2008	0	0	101.76	7.88	$0
Aug 2008	0	0	114.22	8.48	$0
Jul 2008	0	0	131.08	11.39	$0
Jun 2008	0	0	131.33	13.03	$0
May 2008	0	0	123.17	11.57	$0
Apr 2008	0	0	110.31	10.45	$0
Mar 2008	0	0	101.90	9.66	$0
Feb 2008	0	0	92.53	8.77	$0
Jan 2008	180	0	90.38	8.21	$16,268
Dec 2007	0	19	88.33	7.30	$139
Nov 2007	0	0	91.67	7.29	$0
Oct 2007	0	0	82.85	6.92	$0
Sep 2007	0	0	75.84	6.24	$0
Aug 2007	0	3	69.06	6.39	$19
Jul 2007	177	20	70.90	6.39	$12,677
Jun 2007	0	1	62.00	7.55	$8
May 2007	0	3	58.74	7.85	$24
Apr 2007	0	3	59.61	7.81	$23
Mar 2007	0	12	56.92	7.30	$88
Feb 2007	0	30	55.10	8.22	$246
Jan 2007	183	34	50.30	6.73	$9,434
Dec 2006	0	8	56.65	6.92	$55
Nov 2006	0	72	54.20	7.62	$548
Oct 2006	0	87	54.90	6.01	$523
Sep 2006	182	109	60.08	5.04	$11,484
Aug 2006	0	155	68.71	7.34	$1,138
Jul 2006	0	69	69.37	6.34	$438
Jun 2006	176	112	66.28	6.38	$12,380
May 2006	183	176	66.01	6.42	$13,211
Apr 2006	0	292	64.39	7.36	$2,149
Mar 2006	0	296	56.70	7.08	$2,097
Feb 2006	0	261	57.59	7.75	$2,023
Jan 2006	185	269	60.59	8.93	$13,612
Dec 2005	0	273	54.94	13.42	$3,662
Nov 2005	181	270	54.69	10.59	$12,758
Oct 2005	182	331	58.34	13.80	$15,184
Sep 2005	0	283	61.45	12.08	$3,418
Aug 2005	179	279	61.51	9.80	$13,744
Jul 2005	178	361	55.69	7.84	$12,744
Jun 2005	0	338	52.33	7.38	$2,495
May 2005	182	346	45.22	6.65	$10,531
Apr 2005	180	440	49.20	7.36	$12,095
Mar 2005	181	492	50.37	7.15	$12,637
Feb 2005	0	445	45.22	6.31	$2,809
Jan 2005	370	476	43.16	6.32	$18,979
Dec 2004	182	494	39.86	6.75	$10,590
Nov 2004	0	479	45.28	6.33	$3,032
Oct 2004	179	437	49.70	6.52	$11,743
Sep 2004	181	492	43.24	5.28	$10,426
Aug 2004	0	407	42.37	5.55	$2,259
Jul 2004	181	501	38.28	6.08	$9,977
Jun 2004	173	522	36.10	6.43	$9,603
May 2004	0	529	37.48	6.49	$3,436
Apr 2004	154	505	34.47	5.86	$8,267
Mar 2004	180	534	34.36	5.53	$9,138
Feb 2004	181	490	32.45	5.51	$8,573
Jan 2004	182	564	32.03	6.30	$9,382
Dec 2003	0	526	30.26	6.30	$3,315
Nov 2003	365	502	28.80	4.60	$12,819
Oct 2003	0	550	28.17	4.76	$2,618
Sep 2003	187	550	26.31	4.75	$7,532
Aug 2003	183	548	29.76	5.13	$8,257
Jul 2003	180	541	29.41	5.17	$8,091
Jun 2003	0	458	28.56	5.98	$2,740
May 2003	179	485	26.59	5.97	$7,656
Apr 2003	177	527	26.67	5.41	$7,570
Mar 2003	184	552	31.14	6.10	$9,095
Feb 2003	183	389	33.48	7.93	$9,210
Jan 2003	183	546	30.31	5.58	$8,595
Dec 2002	178	500	26.91	4.85	$7,217
Nov 2002	0	545	24.66	4.14	$2,255
Oct 2002	186	571	26.46	4.23	$7,336
Sep 2002	177	589	27.44	3.64	$6,998
Aug 2002	183	610	25.96	3.16	$6,681
Jul 2002	181	607	24.58	3.06	$6,307
Jun 2002	187	541	23.73	3.34	$6,244
May 2002	0	222	24.66	3.58	$796
Apr 2002	174	512	23.65	3.51	$5,913
Mar 2002	184	525	22.00	3.10	$5,677
Feb 2002	183	472	18.22	2.38	$4,456
Jan 2002	186	512	17.17	2.38	$4,410
Dec 2001	182	534	16.93	2.36	$4,344
Nov 2001	191	514	18.07	2.41	$4,688
Oct 2001	179	512	19.78	2.53	$4,835
Sep 2001	180	513	24.26	2.25	$5,522
Aug 2001	0	531	24.87	3.05	$1,621
Jul 2001	181	508	23.93	3.20	$5,955
Jun 2001	181	499	24.56	3.82	$6,354
May 2001	184	546	25.52	4.31	$7,047
Apr 2001	186	427	24.68	5.34	$6,869
Mar 2001	180	526	24.54	5.38	$7,245
Feb 2001	0	456	27.75	5.77	$2,630
Jan 2001	181	510	27.47	8.40	$9,255
Dec 2000	189	509	26.88	9.12	$9,724
Nov 2000	186	524	32.21	5.66	$8,956
Oct 2000	185	556	31.23	5.15	$8,638
Sep 2000	182	568	31.87	5.19	$8,746
Aug 2000	181	528	29.64	4.54	$7,762
Jul 2000	0	562	28.53	4.09	$2,298
Jun 2000	181	518	29.30	4.40	$7,581
May 2000	180	557	27.26	3.68	$6,956
Apr 2000	182	531	24.51	3.12	$6,115
Mar 2000	186	532	28.42	2.86	$6,808
Feb 2000	182	515	27.62	2.73	$6,431
Jan 2000	0	546	25.27	2.48	$1,354
Dec 1999	1	508	24.28	2.42	$1,256
Nov 1999	184	509	23.19	2.43	$5,506
Oct 1999	185	523	20.98	2.80	$5,348
Sep 1999	178	529	21.75	2.62	$5,257
Aug 1999	181	551	19.26	2.88	$5,071
Jul 1999	182	561	17.89	2.37	$4,587
Jun 1999	183	597	15.94	2.36	$4,327
May 1999	177	591	15.79	2.32	$4,167
Apr 1999	182	560	15.10	2.21	$3,985
Mar 1999	182	570	12.47	1.84	$3,317
Feb 1999	187	534	9.98	1.82	$2,837
Jan 1999	187	548	10.38	1.90	$2,982
Dec 1998	187	520	9.20	1.77	$2,643
Nov 1998	0	511	10.89	2.19	$1,117
Oct 1998	374	544	12.42	1.97	$5,716
Sep 1998	194	534	12.59	2.08	$3,555
Aug 1998	1	327	11.30	1.91	$635
Jul 1998	323	462	11.74	2.24	$4,826
Jun 1998	1	584	11.24	2.24	$1,318
May 1998	366	637	12.62	2.21	$6,024
Apr 1998	179	601	13.04	2.51	$3,840
Mar 1998	183	587	12.80	2.31	$3,698
Feb 1998	172	497	13.95	2.30	$3,542
Jan 1998	188	459	14.70	2.15	$3,753
Dec 1997	169	452	16.32	2.41	$3,848
Nov 1997	160	471	18.19	3.09	$4,365
Oct 1997	1	422	19.25	3.15	$1,348
Sep 1997	181	500	17.74	2.95	$4,688
Aug 1997	183	537	17.86	2.55	$4,640
Jul 1997	191	557	17.58	2.25	$4,609
Jun 1997	206	556	17.24	2.26	$4,806
May 1997	270	547	18.97	2.31	$6,385
Apr 1997	0	526	17.88	2.08	$1,096
Mar 1997	187	577	18.95	1.94	$4,663
Feb 1997	187	505	20.49	2.21	$4,946
Jan 1997	183	520	23.48	3.54	$6,137
Dec 1996	221	504	23.32	—	$5,154
Nov 1996	1	490	21.97	—	$22
Oct 1996	367	519	23.31	—	$8,555
Sep 1996	1	415	22.22	—	$22
Aug 1996	177	558	20.26	—	$3,586
Jul 1996	185	600	19.55	—	$3,617
Jun 1996	181	623	18.73	—	$3,390
May 1996	182	694	19.43	—	$3,536
Apr 1996	1	590	21.51	—	$22
Mar 1996	179	591	19.38	—	$3,469
Feb 1996	190	568	16.98	—	$3,226
Jan 1996	334	567	17.07	—	$5,701
Dec 1995	194	573	17.19	—	$3,335
Nov 1995	0	578	16.00	—	$0
Oct 1995	174	599	15.43	—	$2,685
Sep 1995	331	576	16.18	—	$5,356
Aug 1995	180	601	15.92	—	$2,866
Jul 1995	1	630	15.24	—	$15
Jun 1995	189	667	16.41	—	$3,101
May 1995	162	636	17.56	—	$2,845
Apr 1995	170	597	17.73	—	$3,014
Mar 1995	183	597	16.44	—	$3,009
Feb 1995	180	537	16.58	—	$2,984
Jan 1995	183	550	15.92	—	$2,913
Dec 1994	181	578	15.03	—	$2,720
Nov 1994	371	576	15.90	—	$5,899
Oct 1994	0	620	15.58	—	$0
Sep 1994	189	632	15.29	—	$2,890
Aug 1994	166	648	16.13	—	$2,678
Jul 1994	179	640	17.56	—	$3,143
Jun 1994	182	703	17.09	—	$3,110
May 1994	180	710	15.88	—	$2,858
Apr 1994	177	674	14.14	—	$2,503
Mar 1994	295	667	12.46	—	$3,676
Feb 1994	0	568	12.50	—	$0
Jan 1994	175	596	12.66	—	$2,216
Dec 1993	179	577	12.33	—	$2,207
Nov 1993	182	346	14.49	—	$2,637
Oct 1993	185	681	15.85	—	$2,932
Sep 1993	185	700	15.03	—	$2,781
Aug 1993	182	744	15.66	—	$2,850
Jul 1993	180	793	15.46	—	$2,783
Jun 1993	181	793	16.79	—	$3,039
May 1993	366	809	17.68	—	$6,471
Apr 1993	0	779	18.05	—	$0
Mar 1993	369	777	18.14	—	$6,694
Feb 1993	186	694	17.90	—	$3,329
Jan 1993	187	766	16.93	—	$3,166

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.

Jan 2008 — as filed, then multipliedworked

Oil                  180 bbl  × $ 90.38 =    $16,268
Casinghead gas         0 Mcf  × $  8.21 =         $0

────────────────────────────────────────────────────
Month total                                  $16,268

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/31324 is the state's own key, not one this site invented.