WALKER - 33

Operated by IKARD, ALAN (P-5 422893) in the VINCENT, SW. (STRAWN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 34373District 08Field 93859400OilCasinghead gasSaveExport
Value, all time
$533 k
Dec 1994 – Apr 2004
Value, last 12 filed months
$0
at the published price for each month
Months reported
113
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 1 leases and 1 wells, and the rule below applies to all of them.

Discovered
1994-12-15
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 40 acres. The field rule took effect on 1995-08-23.

The Commission's schedule remark for this field reads: OPTIONAL 40 ACRE UNITS WITH 2100' DIAGONAL.

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
OilDisposition25,752 bbl$464,257
Casinghead gasProduction48,665 Mcf$69,190
Total$533,447

26,314 Mcf of this lease's gas, across 25 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 32.4360, -101.2336. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.43596, -101.23359 · 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
8,080 ft
1 wells filed one
Completion to plug
7.1 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 8,080 ft.

Completions filed
Jan 2003
1 of 1 wells
Plug dates filed
Feb 2010
1 of 1 wells

Last completion to plug: a median of 7.1 years across the 1 well that filed both dates, with the middle half between 7.1 years and 7.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2273487118,080 ftJan 2003Feb 2010Yes

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 (113)

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

113 months

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 2003109026.675.41$2,907
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 200202626.914.85$126
Nov 20020124.664.14$4
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20021705923.733.34$4,231
May 200217843824.663.58$5,959
Apr 200217250223.653.51$5,831
Mar 200217659922.003.10$5,731
Feb 200217630118.222.38$3,922
Jan 200217567717.172.38$4,613
Dec 200117845816.932.36$4,096
Nov 200117648418.072.41$4,345
Oct 200117654419.782.53$4,857
Sep 200134382724.262.25$10,183
Aug 20013491,49224.873.05$13,235
Jul 20013491,17623.933.20$12,111
Jun 20016962,47624.563.82$26,562
May 2001093725.524.31$4,036
Apr 200135266724.685.34$12,246
Mar 200153566824.545.38$16,720
Feb 200118155327.755.77$8,212
Jan 200133312527.478.40$10,197
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 200030029.644.54$889
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 19990012.471.84$0
Feb 1999009.981.82$0
Jan 199903210.381.90$61
Dec 19981661909.201.77$1,864
Nov 199834748010.892.19$4,828
Oct 199817549112.421.97$3,140
Sep 199869157112.592.08$9,889
Aug 199817467011.301.91$3,244
Jul 199815934211.742.24$2,632
Jun 199802011.242.24$45
May 19980312.622.21$7
Apr 1998040613.042.51$1,017
Mar 199803512.802.31$81
Feb 199818840613.952.30$3,556
Jan 199818035514.702.15$3,411
Dec 199717437316.322.41$3,739
Nov 199733957018.193.09$7,927
Oct 199717373719.253.15$5,652
Sep 199734690617.742.95$8,815
Aug 19975191,17717.862.55$12,276
Jul 199717839717.582.25$4,021
Jun 199738544917.242.26$7,651
May 199732528618.972.31$6,825
Apr 199737026617.882.08$7,170
Mar 199708818.951.94$171
Feb 199708820.492.21$194
Jan 19970323.483.54$11
Dec 199654640723.32$12,733
Nov 1996434821.97$88
Oct 1996012023.31$0
Sep 199654236622.22$12,043
Aug 1996019520.26$0
Jul 199653637119.55$10,479
Jun 199636039418.73$6,743
May 199689017319.43$17,293
Apr 19961756421.51$366
Mar 199638219.38$58
Feb 199631923816.98$5,417
Jan 199635554717.07$6,060
Dec 199552757517.19$9,059
Nov 199564186216.00$10,256
Oct 19951,0241,16015.43$15,800
Sep 199570579816.18$11,407
Aug 199553165315.92$8,454
Jul 199533442715.24$5,090
Jun 19952,1192,59416.41$34,773
May 19957171,31117.56$12,591
Apr 199532094217.73$5,674
Mar 19952,7375,09816.44$44,996
Feb 19951,7495,46916.58$28,998
Jan 19953421,22215.92$5,445
Dec 19946911,39815.03$10,386

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.

Apr 2003 — as filed, then multipliedworked
Oil                  109 bbl  × $ 26.67 =     $2,907
Casinghead gas         0 Mcf  × $  5.41 =         $0

────────────────────────────────────────────────────
Month total                                   $2,907

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/34373 is the state's own key, not one this site invented.