RK GLASS

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

Operated by R K PETROLEUM CORP. (P-5 687130) 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 32389District 08Field 85280300OilCasinghead gasSave Export

Value, all time

$346 k

Jan 1993 – May 2001

Value, last 12 filed months

$10 k

at the published price for each month

Months reported

101

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.”

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	18,120 bbl	$310,226
Casinghead gas	Production	45,026 Mcf	$35,342
Total			$345,568

30,523 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 32.1498, -102.0932. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.14980, -102.09317 · 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

12,128 ft

1 wells filed one

Completion to plug

11.5 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 12,128 ft.

Completions filed

Oct 1989

1 of 1 wells

Plug dates filed

Apr 2001

1 of 1 wells

Last completion to plug: a median of 11.5 years across the 1 well that filed both dates, with the middle half between 11.5 years and 11.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-31733609	2001	12,128 ft	Oct 1989	Apr 2001	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 (101)

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

101 months


May 2001	0	0	25.52	4.31	$0
Apr 2001	0	0	24.68	5.34	$0
Mar 2001	0	0	24.54	5.38	$0
Feb 2001	0	0	27.75	5.77	$0
Jan 2001	0	0	27.47	8.40	$0
Dec 2000	65	0	26.88	9.12	$1,747
Nov 2000	69	0	32.21	5.66	$2,222
Oct 2000	0	0	31.23	5.15	$0
Sep 2000	0	0	31.87	5.19	$0
Aug 2000	0	115	29.64	4.54	$522
Jul 2000	147	242	28.53	4.09	$5,184
Jun 2000	0	108	29.30	4.40	$475
May 2000	0	0	27.26	3.68	$0
Apr 2000	187	183	24.51	3.12	$5,154
Mar 2000	182	224	28.42	2.86	$5,813
Feb 2000	195	240	27.62	2.73	$6,040
Jan 2000	181	235	25.27	2.48	$5,157
Dec 1999	188	250	24.28	2.42	$5,171
Nov 1999	180	217	23.19	2.43	$4,702
Oct 1999	189	267	20.98	2.80	$4,714
Sep 1999	0	209	21.75	2.62	$547
Aug 1999	0	174	19.26	2.88	$500
Jul 1999	0	0	17.89	2.37	$0
Jun 1999	176	309	15.94	2.36	$3,535
May 1999	185	368	15.79	2.32	$3,775
Apr 1999	182	361	15.10	2.21	$3,545
Mar 1999	184	308	12.47	1.84	$2,861
Feb 1999	169	291	9.98	1.82	$2,216
Jan 1999	185	366	10.38	1.90	$2,616
Dec 1998	186	364	9.20	1.77	$2,357
Nov 1998	0	394	10.89	2.19	$861
Oct 1998	0	126	12.42	1.97	$248
Sep 1998	183	408	12.59	2.08	$3,154
Aug 1998	182	363	11.30	1.91	$2,749
Jul 1998	186	445	11.74	2.24	$3,179
Jun 1998	185	381	11.24	2.24	$2,932
May 1998	181	400	12.62	2.21	$3,167
Apr 1998	182	389	13.04	2.51	$3,348
Mar 1998	185	405	12.80	2.31	$3,303
Feb 1998	0	408	13.95	2.30	$938
Jan 1998	184	502	14.70	2.15	$3,787
Dec 1997	372	444	16.32	2.41	$7,142
Nov 1997	0	403	18.19	3.09	$1,245
Oct 1997	179	490	19.25	3.15	$4,989
Sep 1997	178	436	17.74	2.95	$4,446
Aug 1997	182	449	17.86	2.55	$4,398
Jul 1997	181	558	17.58	2.25	$4,436
Jun 1997	183	582	17.24	2.26	$4,469
May 1997	172	475	18.97	2.31	$4,359
Apr 1997	186	423	17.88	2.08	$4,207
Mar 1997	185	437	18.95	1.94	$4,353
Feb 1997	150	380	20.49	2.21	$3,912
Jan 1997	302	374	23.48	3.54	$8,415
Dec 1996	181	404	23.32	—	$4,221
Nov 1996	187	418	21.97	—	$4,108
Oct 1996	192	446	23.31	—	$4,476
Sep 1996	189	307	22.22	—	$4,200
Aug 1996	189	410	20.26	—	$3,829
Jul 1996	179	576	19.55	—	$3,499
Jun 1996	176	488	18.73	—	$3,296
May 1996	187	470	19.43	—	$3,633
Apr 1996	181	405	21.51	—	$3,893
Mar 1996	159	529	19.38	—	$3,081
Feb 1996	184	389	16.98	—	$3,124
Jan 1996	367	480	17.07	—	$6,265
Dec 1995	179	604	17.19	—	$3,077
Nov 1995	183	524	16.00	—	$2,928
Oct 1995	180	570	15.43	—	$2,777
Sep 1995	362	352	16.18	—	$5,857
Aug 1995	192	404	15.92	—	$3,057
Jul 1995	165	533	15.24	—	$2,515
Jun 1995	189	504	16.41	—	$3,101
May 1995	357	625	17.56	—	$6,269
Apr 1995	165	550	17.73	—	$2,925
Mar 1995	158	594	16.44	—	$2,598
Feb 1995	358	385	16.58	—	$5,936
Jan 1995	181	512	15.92	—	$2,882
Dec 1994	363	476	15.03	—	$5,456
Nov 1994	183	484	15.90	—	$2,910
Oct 1994	363	626	15.58	—	$5,656
Sep 1994	181	931	15.29	—	$2,767
Aug 1994	356	680	16.13	—	$5,742
Jul 1994	180	535	17.56	—	$3,161
Jun 1994	336	715	17.09	—	$5,742
May 1994	358	1,030	15.88	—	$5,685
Apr 1994	0	332	14.14	—	$0
Mar 1994	174	937	12.46	—	$2,168
Feb 1994	185	682	12.50	—	$2,313
Jan 1994	551	851	12.66	—	$6,976
Dec 1993	184	1,049	12.33	—	$2,269
Nov 1993	359	725	14.49	—	$5,202
Oct 1993	183	849	15.85	—	$2,901
Sep 1993	347	812	15.03	—	$5,215
Aug 1993	363	859	15.66	—	$5,685
Jul 1993	366	1,088	15.46	—	$5,658
Jun 1993	184	684	16.79	—	$3,089
May 1993	174	1,100	17.68	—	$3,076
Apr 1993	556	967	18.05	—	$10,036
Mar 1993	0	1,245	18.14	—	$0
Feb 1993	188	670	17.90	—	$3,365
Jan 1993	358	717	16.93	—	$6,061

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 2000 — as filed, then multipliedworked

Oil                   65 bbl  × $ 26.88 =     $1,747
Casinghead gas         0 Mcf  × $  9.12 =         $0

────────────────────────────────────────────────────
Month total                                   $1,747

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/32389 is the state's own key, not one this site invented.