SLASH -N-

Operated by 20TH CENTURY PIPE & EQUIP.CO.INC (P-5 953627) in the DIMMITT (CHERRY CANYON) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 31565District 08Field 24853400NGPA filingOilCasinghead gasSaveExport
Value, all time
$162 k
Jan 1993 – Sep 1998
Value, last 12 filed months
$256
at the published price for each month
Months reported
69
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 79 leases and 204 wells, and the rule below applies to all of them.

Discovered
1980-08-23
as the register files it
Field class
Oil
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: CONSOLIDATED TO DIMMITT (DELAWARE CONS)

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
OilDisposition9,790 bbl$160,868
Casinghead gasProduction24,158 Mcf$774
Total$161,642

23,829 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 (2)

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 31.8672, -103.5524. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

31.86717, -103.55236 · 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%
2 of 2 wells
With a plug date
100.0%
2 of 2 wells
Median depth
6,561 ft
2 wells filed one
Completion to plug
9.0 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
2100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
2100.0%
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

Between 6,560 and 6,562 ft, median 6,561 ft, over the 2 wells that filed a depth.

Completions filed
Oct 1987 – Nov 1988
2 of 2 wells
Plug dates filed
Jan 1996 – Aug 1998
2 of 2 wells

Last completion to plug: a median of 9.0 years across the 2 wells that filed both dates, with the middle half between 8.1 years and 9.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-3013076526,562 ftNov 1988Jan 1996Yes
42-3013076016,560 ftOct 1987Aug 1998Yes

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 (69)

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

69 months

Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 19980013.042.51$0
Mar 199820012.802.31$256
Feb 19980013.952.30$0
Jan 19980014.702.15$0
Dec 19970016.322.41$0
Nov 19970018.193.09$0
Oct 19970019.253.15$0
Sep 19970017.742.95$0
Aug 1997141017.862.55$2,518
Jul 19974017.582.25$70
Jun 19971855117.242.26$3,305
May 1997011318.972.31$261
Apr 199708017.882.08$167
Mar 19971862018.951.94$3,563
Feb 199702820.492.21$62
Jan 199703723.483.54$131
Dec 199618815223.32$4,384
Nov 1996020821.97$0
Oct 199618021923.31$4,196
Sep 1996022122.22$0
Aug 199618320320.26$3,708
Jul 199618522019.55$3,617
Jun 1996027018.73$0
May 199618321319.43$3,556
Apr 1996027921.51$0
Mar 199618529719.38$3,585
Feb 1996028516.98$0
Jan 199618729817.07$3,192
Dec 1995029617.19$0
Nov 199518428016.00$2,944
Oct 1995027915.43$0
Sep 199518928916.18$3,058
Aug 1995028715.92$0
Jul 199518427615.24$2,804
Jun 1995024216.41$0
May 199518228517.56$3,196
Apr 1995027717.73$0
Mar 199518027216.44$2,959
Feb 199518019916.58$2,984
Jan 199518262515.92$2,897
Dec 199436867215.03$5,531
Nov 199435770215.90$5,676
Oct 199417957815.58$2,789
Sep 199436167615.29$5,520
Aug 199418267016.13$2,936
Jul 199435269817.56$6,181
Jun 199417861817.09$3,042
May 199436164415.88$5,733
Apr 199418468914.14$2,602
Mar 199436367012.46$4,523
Feb 199418067212.50$2,250
Jan 199436373012.66$4,596
Dec 199318278312.33$2,244
Nov 199336268814.49$5,245
Oct 199317481815.85$2,758
Sep 199335274715.03$5,291
Aug 199336581015.66$5,716
Jul 199318083015.46$2,783
Jun 199336472116.79$6,112
May 199318079217.68$3,182
Apr 199336280318.05$6,534
Mar 199318677818.14$3,374
Feb 199336377717.90$6,498
Jan 199318479116.93$3,115

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.

Mar 1998 — as filed, then multipliedworked
Oil                   20 bbl  × $ 12.80 =       $256
Casinghead gas         0 Mcf  × $  2.31 =         $0

────────────────────────────────────────────────────
Month total                                     $256

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/31565 is the state's own key, not one this site invented.