SCISSORTAIL

Operated by PLATINUM EXPLORATION INC. (P-5 667939) in the DOUBLE "B" (CANYON) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 34236District 08Field 25648150OilCasinghead gasSave
Value, all time
$812 k
Jul 1994 – Mar 2008
Value, last 12 filed months
$0
at the published price for each month
Months reported
165
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
OilDisposition37,245 bbl$673,043
Casinghead gasProduction121,562 Mcf$138,610
Total$811,652

91,434 Mcf of this lease's gas, across 30 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 32.4920, -101.2087. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.49205, -101.20866 · 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
7,438 ft
1 wells filed one
Completion to plug
9.8 years
median over 1 wells

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 7,438 ft.

Completions filed
Jul 1994
1 of 1 wells
Plug dates filed
May 2004
1 of 1 wells

Last completion to plug: a median of 9.8 years across the 1 well that filed both dates, with the middle half between 9.8 years and 9.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2273483517,438 ftJul 1994May 2004Yes

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 (165)

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

165 months

Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 200576054.6910.59$4,156
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
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 200285017.172.38$1,459
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 200104024.563.82$153
May 2001040725.524.31$1,753
Apr 20015241,86224.685.34$22,867
Mar 20017022,75024.545.38$32,012
Feb 20015232,93927.755.77$31,463
Jan 20013591,94827.478.40$26,223
Dec 200017859626.889.12$10,222
Nov 20001761,14732.215.66$12,159
Oct 20003531,60031.235.15$19,257
Sep 20003572,55631.875.19$24,634
Aug 20003462,11629.644.54$19,864
Jul 20003622,37028.534.09$20,021
Jun 200018173029.304.40$8,513
May 200054790627.263.68$18,245
Apr 200036033024.513.12$9,852
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 19990212.471.84$4
Feb 19991813979.981.82$2,528
Jan 199906110.381.90$116
Dec 19983603869.201.77$3,997
Nov 1998031610.892.19$691
Oct 1998026612.421.97$524
Sep 199817326212.592.08$2,724
Aug 199835229911.301.91$4,548
Jul 199817728711.742.24$2,720
Jun 199817831511.242.24$2,705
May 199835728612.622.21$5,136
Apr 199835929213.042.51$5,413
Mar 1998026312.802.31$607
Feb 199837528313.952.30$5,882
Jan 199818827414.702.15$3,354
Dec 199737425016.322.41$6,706
Nov 199719627918.193.09$4,427
Oct 199738133019.253.15$8,374
Sep 199718634717.742.95$4,325
Aug 199756532817.862.55$10,929
Jul 199718634517.582.25$4,045
Jun 199717334417.242.26$3,759
May 199736933218.972.31$7,766
Apr 199737829817.882.08$7,379
Mar 199719030518.951.94$4,192
Feb 199739326120.492.21$8,628
Jan 199719742323.483.54$6,123
Dec 199638742623.32$9,025
Nov 199657845321.97$12,699
Oct 199638650523.31$8,998
Sep 199658333222.22$12,954
Aug 199618727420.26$3,789
Jul 199636831519.55$7,194
Jun 199619040318.73$3,559
May 199618751419.43$3,633
Apr 199639698821.51$8,518
Mar 1996182319.38$19
Feb 1996181616.98$17
Jan 199635982217.07$6,128
Dec 19952001,44217.19$3,438
Nov 19953961,83816.00$6,336
Oct 19953792,25915.43$5,848
Sep 19955912,75116.18$9,562
Aug 19953872,90515.92$6,161
Jul 19952023,77915.24$3,078
Jun 19955596,22716.41$9,173
May 199576212,00417.56$13,381
Apr 19951,1696,57317.73$20,726
Mar 19959395,89816.44$15,437
Feb 19951,3394,42916.58$22,201
Jan 19951,5606,12415.92$24,835
Dec 19942,1467,74115.03$32,254
Nov 19942,3027,52115.90$36,602
Oct 19942,7124,93215.58$42,253
Sep 19942,9363,46415.29$44,891
Aug 19943,6264,40716.13$58,487
Jul 1994046917.56$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 2005 — as filed, then multipliedworked
Oil                   76 bbl  × $ 54.69 =     $4,156
Casinghead gas         0 Mcf  × $ 10.59 =         $0

────────────────────────────────────────────────────
Month total                                   $4,156

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/34236 is the state's own key, not one this site invented.