UNIVERSITY -36-

Operated by OILFIELD MANAGEMENT, INC. (A) (P-5 621016) in the HUTEX (DEVONIAN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 32759District 08Field 43878800Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$1.3 M
Jan 1993 – Oct 2001
Value, last 12 filed months
$6 k
at the published price for each month
Months reported
106
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 37 leases and 93 wells, and the rule below applies to all of them.

Discovered
1953-02-13
as the register files it
Field class
Oil
the register's own label
Between wells
1,320 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 80 acres.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

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
OilDisposition74,780 bbl$1,238,368
Casinghead gasProduction29,835 Mcf$26,165
Total$1,264,533

18,908 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 32.4398, -102.2804. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.43981, -102.28037 · 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
12,489 ft
1 wells filed one
Completion to plug
19.4 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 12,489 ft.

Completions filed
May 1990
1 of 1 wells
Plug dates filed
Oct 2009
1 of 1 wells

Last completion to plug: a median of 19.4 years across the 1 well that filed both dates, with the middle half between 19.4 years and 19.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-003366532A12,489 ftMay 1990Oct 2009Yes

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 (106)

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

106 months

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 2001226027.478.40$6,208
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 200032031.875.19$1,020
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 2000131825.272.48$373
Dec 19991415324.282.42$711
Nov 1999222423.192.43$569
Oct 1999211820.982.80$373
Sep 1999219421.752.62$552
Aug 199974819.262.88$273
Jul 19991512317.892.37$560
Jun 199931515.942.36$83
May 1999121315.792.32$220
Apr 199940015.102.21$604
Mar 19993012.471.84$37
Feb 19991089.981.82$114
Jan 199926010.381.90$270
Dec 19983509.201.77$322
Nov 199855910.892.19$183
Oct 199876032712.421.97$10,083
Sep 199875343312.592.08$10,382
Aug 199893849411.301.91$11,542
Jul 199874950111.742.24$9,914
Jun 199894448111.242.24$11,687
May 199875055712.622.21$10,694
Apr 199894852913.042.51$13,687
Mar 199895953412.802.31$13,508
Feb 199877438913.952.30$11,692
Jan 199894641014.702.15$14,790
Dec 199778841516.322.41$13,861
Nov 199779241018.193.09$15,673
Oct 199797343919.253.15$20,113
Sep 199776737317.742.95$14,709
Aug 199796658617.862.55$18,750
Jul 199797953517.582.25$18,413
Jun 199777348917.242.26$14,430
May 199798750918.972.31$19,898
Apr 199777338317.882.08$14,619
Mar 19971,16553418.951.94$23,112
Feb 199778939320.492.21$17,034
Jan 199778943323.483.54$20,058
Dec 199697948623.32$22,830
Nov 199696344321.97$21,157
Oct 199693653823.31$21,818
Sep 199691738322.22$20,376
Aug 199694952020.26$19,227
Jul 199667645219.55$13,216
Jun 19961,08657218.73$20,341
May 19961,11765119.43$21,703
Apr 199696861821.51$20,822
Mar 19961,15661419.38$22,403
Feb 19961,13158516.98$19,204
Jan 19961,26662617.07$21,611
Dec 19951,15563817.19$19,854
Nov 19951,15561516.00$18,480
Oct 199597766515.43$15,075
Sep 19951,16661316.18$18,866
Aug 19951,13626015.92$18,085
Jul 199576165715.24$11,598
Jun 19951,15466816.41$18,937
May 199596661617.56$16,963
Apr 19951,15464317.73$20,460
Mar 19951,15160916.44$18,922
Feb 19959624816.58$15,950
Jan 199577520215.92$12,338
Dec 19941,11835615.03$16,804
Nov 1994015115.90$0
Oct 199455311515.58$8,616
Sep 199494020315.29$14,373
Aug 199475328816.13$12,146
Jul 199496229317.56$16,893
Jun 19941,12629317.09$19,243
May 199493915515.88$14,911
Apr 19941,30734614.14$18,481
Mar 19941,68417012.46$20,983
Feb 19941,46811112.50$18,350
Jan 19941,7064612.66$21,598
Dec 19931,5759012.33$19,420
Nov 19931,65611614.49$23,995
Oct 19931,47415015.85$23,363
Sep 19931,88314815.03$28,301
Aug 19931,24621515.66$19,512
Jul 19931,31257415.46$20,284
Jun 19931,48748816.79$24,967
May 19931,47739217.68$26,113
Apr 19931,31124918.05$23,664
Mar 19931,30131918.14$23,600
Feb 19931,44640717.90$25,883
Jan 19931,87151116.93$31,676

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 2001 — as filed, then multipliedworked
Oil                  226 bbl  × $ 27.47 =     $6,208
Casinghead gas         0 Mcf  × $  8.40 =         $0

────────────────────────────────────────────────────
Month total                                   $6,208

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/32759 is the state's own key, not one this site invented.