COLLINS, CLAUDE JR. ESTATE -B-

Operated by LADD OIL & GAS CORPORATION (P-5 480956) in the CHINA DRAW (CANYON) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 32214District 08Field 17812150NGPA filingOilCasinghead gasSaveExport
Value, all time
$129 k
Jan 1993 – Mar 2007
Value, last 12 filed months
$21 k
at the published price for each month
Months reported
171
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 2 leases and 2 wells, and the rule below applies to all of them.

Discovered
1989-03-01
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

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
OilDisposition4,883 bbl$128,823
Casinghead gasProduction40 Mcf$119
Total$128,942

15 Mcf of this lease's gas, across 15 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 31.8449, -100.8450. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.84491, -100.84497 · 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
8,022 ft
1 wells filed one
Completion to plug
18.1 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 8,022 ft.

Completions filed
Jan 1989
1 of 1 wells
Plug dates filed
Feb 2007
1 of 1 wells

Last completion to plug: a median of 18.1 years across the 1 well that filed both dates, with the middle half between 18.1 years and 18.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4313193438,022 ftJan 1989Feb 2007Yes

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 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 2006165056.656.92$9,347
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 2006172066.286.38$11,400
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 2005158049.207.36$7,774
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050143.166.32$6
Dec 20040139.866.75$7
Nov 20046145.286.33$278
Oct 200428149.706.52$1,398
Sep 200414143.245.28$611
Aug 20040142.375.55$6
Jul 2004195138.286.08$7,471
Jun 20049136.106.43$331
May 200442137.486.49$1,581
Apr 200439134.475.86$1,350
Mar 200411134.365.53$383
Feb 200417132.455.51$557
Jan 2004213132.036.30$6,829
Dec 200338130.266.30$1,156
Nov 200315128.804.60$437
Oct 200340128.174.76$1,132
Sep 2003365126.314.75$9,608
Aug 20030029.765.13$0
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 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 2001138018.072.41$2,494
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 2001170023.933.20$4,068
Jun 20010024.563.82$0
May 20011025.524.31$26
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 2000172032.215.66$5,540
Oct 20000031.235.15$0
Sep 20005031.875.19$159
Aug 20000029.644.54$0
Jul 2000176028.534.09$5,021
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 2000170024.513.12$4,167
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 2000174025.272.48$4,397
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 1999150020.982.80$3,147
Sep 1999161021.752.62$3,502
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19994015.942.36$64
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 19980012.421.97$0
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 1998135012.802.31$1,728
Feb 1998132013.952.30$1,841
Jan 19980014.702.15$0
Dec 19970016.322.41$0
Nov 19970018.193.09$0
Oct 19970019.253.15$0
Sep 19970117.742.95$3
Aug 19970117.862.55$3
Jul 19970017.582.25$0
Jun 19972117.242.26$37
May 19970118.972.31$2
Apr 19970117.882.08$2
Mar 1997181118.951.94$3,432
Feb 19972120.492.21$43
Jan 19970123.483.54$4
Dec 1996179123.32$4,174
Nov 19960121.97$0
Oct 19960123.31$0
Sep 19963122.22$67
Aug 19960120.26$0
Jul 1996172119.55$3,363
Jun 19960018.73$0
May 19960019.43$0
Apr 19960021.51$0
Mar 19960019.38$0
Feb 19960116.98$0
Jan 1996168117.07$2,868
Dec 19950017.19$0
Nov 1995171116.00$2,736
Oct 19950115.43$0
Sep 1995174116.18$2,815
Aug 19950115.92$0
Jul 1995357115.24$5,441
Jun 1995171116.41$2,806
May 19950117.56$0
Apr 1995188017.73$3,333
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 19940016.13$0
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 2006 — as filed, then multipliedworked
Oil                  165 bbl  × $ 56.65 =     $9,347
Casinghead gas         0 Mcf  × $  6.92 =         $0

────────────────────────────────────────────────────
Month total                                   $9,347

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/32214 is the state's own key, not one this site invented.