MCWHORTER -B-

Operated by SMITH PIPE OF ABILENE (P-5 794745) in the MID-MAX (DEVONIAN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 32281District 08Field 61145300OilCasinghead gasSave
Value, all time
$1.5 M
Jan 1993 – Aug 2003
Value, last 12 filed months
$0
at the published price for each month
Months reported
128
no gaps in the span
Streams
2
oil, casinghead gas

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
OilDisposition86,700 bbl$1,484,086
Casinghead gasProduction21 Mcf$0
Total$1,484,086

21 Mcf of this lease's gas, across 21 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 32.4587, -102.9109. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

32.45869, -102.91093 · 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
8,593 ft
2 wells filed one
Completion to plug
9.6 years
median over 1 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 8,520 and 8,665 ft, median 8,593 ft, over the 2 wells that filed a depth.

Completions filed
Jun 1989 – Jun 2014
2 of 2 wells
Plug dates filed
Jan 1999 – Feb 1999
2 of 2 wells

Last completion to plug: a median of 9.6 years across the 1 well that filed both dates, with the middle half between 9.6 years and 9.6 years. A further 1 well is excluded, because the last completion the Commission holds for it is dated after the plug date. Both dates are the latest of their kind on the wellbore record and they are filed separately, so the two need not run in order. The gap is the distance between two filed dates — it is not a statement of how long the well produced.

2 wells

42-0033652220248,520 ftJun 2014Feb 1999Yes
42-0033635210248,665 ftJun 1989Jan 1999Yes

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 (128)

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

128 months

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 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
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 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 1999106010.381.90$1,100
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 1998437012.802.31$5,594
Feb 19980013.952.30$0
Jan 19980014.702.15$0
Dec 1997643016.322.41$10,494
Nov 1997968018.193.09$17,608
Oct 1997983019.253.15$18,923
Sep 1997991017.742.95$17,580
Aug 19971,342017.862.55$23,968
Jul 1997836017.582.25$14,697
Jun 19971,289017.242.26$22,222
May 19971,316018.972.31$24,965
Apr 1997326017.882.08$5,829
Mar 1997305018.951.94$5,780
Feb 19971,779020.492.21$36,452
Jan 19971,422023.483.54$33,389
Dec 1996347023.32$8,092
Nov 19961,286021.97$28,253
Oct 19961,271023.31$29,627
Sep 19961,466022.22$32,575
Aug 19961,271020.26$25,750
Jul 19961,446019.55$28,269
Jun 19961,267018.73$23,731
May 19961,958019.43$38,044
Apr 19961,074021.51$23,102
Mar 19961,598019.38$30,969
Feb 19961,016016.98$17,252
Jan 19961,276017.07$21,781
Dec 19951,817017.19$31,234
Nov 19951,789016.00$28,624
Oct 19951,236015.43$19,071
Sep 19951,798016.18$29,092
Aug 19951,838015.92$29,261
Jul 19951,453015.24$22,144
Jun 19951,809016.41$29,686
May 19951,782017.56$31,292
Apr 19952,168017.73$38,439
Mar 19952,171016.44$35,691
Feb 19952,571016.58$42,627
Jan 19952,754015.92$43,844
Dec 19941,352015.03$20,321
Nov 19941,268015.90$20,161
Oct 19941,431015.58$22,295
Sep 19941,079115.29$16,498
Aug 19941,615116.13$26,050
Jul 19941,100117.56$19,316
Jun 19941,405117.09$24,011
May 19941,092115.88$17,341
Apr 19941,236114.14$17,477
Mar 19941,604112.46$19,986
Feb 19941,454112.50$18,175
Jan 19941,422112.66$18,003
Dec 19931,450112.33$17,879
Nov 19931,441114.49$20,880
Oct 19931,432115.85$22,697
Sep 19931,422115.03$21,373
Aug 19931,775115.66$27,797
Jul 19931,292115.46$19,974
Jun 19931,772116.79$29,752
May 19931,782117.68$31,506
Apr 19932,135118.05$38,537
Mar 19931,506118.14$27,319
Feb 19931,671117.90$29,911
Jan 19931,759116.93$29,780

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 1999 — as filed, then multipliedworked
Oil                  106 bbl  × $ 10.38 =     $1,100
Casinghead gas         0 Mcf  × $  1.90 =         $0

────────────────────────────────────────────────────
Month total                                   $1,100

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/32281 is the state's own key, not one this site invented.