RICHARD KNOX

Operated by PRIZE OPERATING COMPANY (P-5 679278) in the RK (STRAWN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 34125District 08Field 74041300OilCasinghead gasSaveExport
Value, all time
$128 k
Mar 1994 – Jul 2001
Value, last 12 filed months
$0
at the published price for each month
Months reported
89
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 21 leases and 24 wells, and the rule below applies to all of them.

Discovered
1992-01-01
as the register files it
Field class
Oil
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2010-06-09.

The Commission's schedule remark for this field reads: ADOPTED,CORRELATIVE INTERVAL ESTABLISHED 10680'-10872'

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
OilDisposition5,802 bbl$97,417
Casinghead gasProduction20,223 Mcf$30,286
Total$127,702

7,348 Mcf of this lease's gas, across 34 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 32.3570, -101.9849. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.35704, -101.98491 · 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
11,825 ft
1 wells filed one
Completion to plug
5.4 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 11,825 ft.

Completions filed
Feb 1994
1 of 1 wells
Plug dates filed
Jul 1999
1 of 1 wells

Last completion to plug: a median of 5.4 years across the 1 well that filed both dates, with the middle half between 5.4 years and 5.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-31731459111,825 ftFeb 1994Jul 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 (89)

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

89 months

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 199935150612.471.84$5,307
Feb 199901089.981.82$196
Jan 1999028310.381.90$538
Dec 199824249.201.77$770
Nov 199819841310.892.19$3,059
Oct 1998244312.421.97$897
Sep 199819244012.592.08$3,334
Aug 1998245311.301.91$887
Jul 1998045711.742.24$1,022
Jun 199818743411.242.24$3,073
May 199818844912.622.21$3,363
Apr 1998340313.042.51$1,049
Mar 199819339812.802.31$3,390
Feb 1998035113.952.30$807
Jan 199819642714.702.15$3,801
Dec 199719442216.322.41$4,184
Nov 1997043818.193.09$1,353
Oct 1997046019.253.15$1,449
Sep 199718248917.742.95$4,674
Aug 199718353217.862.55$4,628
Jul 1997054417.582.25$1,222
Jun 199718353817.242.26$4,369
May 199718260818.972.31$4,856
Apr 1997162117.882.08$1,311
Mar 199719270118.951.94$4,998
Feb 199719565120.492.21$5,432
Jan 199719288223.483.54$7,630
Dec 199619439323.32$4,524
Nov 199637730021.97$8,283
Oct 1996030023.31$0
Sep 1996020022.22$0
Aug 1996020020.26$0
Jul 199618720019.55$3,656
Jun 1996020018.73$0
May 1996020019.43$0
Apr 1996020021.51$0
Mar 199617520019.38$3,392
Feb 1996020016.98$0
Jan 1996020017.07$0
Dec 199516720017.19$2,871
Nov 1995020016.00$0
Oct 1995020015.43$0
Sep 199519220016.18$3,107
Aug 1995020015.92$0
Jul 199518020015.24$2,743
Jun 1995037216.41$0
May 1995037217.56$0
Apr 199519337217.73$3,422
Mar 1995037216.44$0
Feb 199519337216.58$3,200
Jan 1995037215.92$0
Dec 199417037215.03$2,555
Nov 1994037215.90$0
Oct 199417237215.58$2,680
Sep 1994165115.29$2,523
Aug 19940116.13$0
Jul 1994171117.56$3,003
Jun 1994173117.09$2,957
May 199475115.88$1,191
Apr 19940114.14$0
Mar 19940112.46$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.

Mar 1999 — as filed, then multipliedworked
Oil                  351 bbl  × $ 12.47 =     $4,377
Casinghead gas       506 Mcf  × $  1.84 =       $930

────────────────────────────────────────────────────
Month total                                   $5,307

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/34125 is the state's own key, not one this site invented.