PRICE, LELA-STATE

Operated by RAYDEN (P-5 695567) in the ATHEY (WOLFCAMP 10900) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 34182District 08Field 04228664OilCasinghead gasSaveExport
Value, all time
$62 k
May 1994 – Feb 2000
Value, last 12 filed months
$15 k
at the published price for each month
Months reported
70
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 24 leases and 28 wells, and the rule below applies to all of them.

Discovered
1967-05-02
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,867 ft
minimum
From a lease line
933 ft
minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 1991-02-01.

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
OilDisposition2,457 bbl$41,165
Casinghead gasProduction27,865 Mcf$21,203
Total$62,367

19,662 Mcf of this lease's gas, across 29 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 31.2108, -102.9886. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.21081, -102.98861 · 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
0.0%
0 of 1 wells
Median depth
12,294 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
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 12,294 ft.

Completions filed
Oct 1999
1 of 1 wells

1 well

42-37134090112,294 ftOct 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 (70)

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

70 months

Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 1999135023.192.43$3,131
Oct 199904,16220.982.80$11,669
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 19990010.381.90$0
Dec 199813609.201.77$1,251
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 19980111.242.24$2
May 19980012.622.21$0
Apr 19980013.042.51$0
Mar 19980612.802.31$14
Feb 199806613.952.30$152
Jan 199808614.702.15$185
Dec 199708616.322.41$207
Nov 199707118.193.09$219
Oct 1997013619.253.15$428
Sep 199707717.742.95$228
Aug 199709017.862.55$230
Jul 1997020217.582.25$454
Jun 199702,12017.242.26$4,785
May 1997028618.972.31$660
Apr 199719226217.882.08$3,979
Mar 1997016618.951.94$322
Feb 1997019920.492.21$439
Jan 1997018723.483.54$662
Dec 1996021823.32$0
Nov 1996023021.97$0
Oct 1996020723.31$0
Sep 1996019922.22$0
Aug 1996020820.26$0
Jul 199619121219.55$3,734
Jun 1996026418.73$0
May 1996026919.43$0
Apr 1996033921.51$0
Mar 1996040519.38$0
Feb 1996036516.98$0
Jan 1996046517.07$0
Dec 199518551117.19$3,180
Nov 1995045216.00$0
Oct 1995058515.43$0
Sep 1995047416.18$0
Aug 19950015.92$0
Jul 1995020115.24$0
Jun 1995182016.41$2,987
May 19950017.56$0
Apr 1995060717.73$0
Mar 1995072716.44$0
Feb 199535764216.58$5,919
Jan 199501,41815.92$0
Dec 199401,89415.03$0
Nov 199402,04715.90$0
Oct 19941772,17115.58$2,758
Sep 199435740515.29$5,459
Aug 199402,15916.13$0
Jul 1994036417.56$0
Jun 19945451,16517.09$9,314
May 1994045915.88$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.

Nov 1999 — as filed, then multipliedworked
Oil                  135 bbl  × $ 23.19 =     $3,131
Casinghead gas         0 Mcf  × $  2.43 =         $0

────────────────────────────────────────────────────
Month total                                   $3,131

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/34182 is the state's own key, not one this site invented.