GLASSCOCK 'M' FEE

Name: GLASSCOCK 'M' FEE lease production and value, Jan 1996 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by CHEVRON U. S. A. INC. (P-5 148113) in the LA VISTA (FUSSELMAN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 34812District 08Field 51100500Hydrogen sulphide fieldOilCasinghead gasSave Export

Value, all time

$5.4 M

Jan 1996 – Mar 2004

Value, last 12 filed months

$146 k

at the published price for each month

Months reported

no gaps in the span

Streams

oil, casinghead gas

The LA VISTA (FUSSELMAN) field

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 7 leases and 8 wells, and the rule below applies to all of them.

Discovered

1983-05-01

as the register files it

Field class

Oil and gas

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 field rule took effect on 1984-12-01.

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.

The Commission's schedule remark for this field reads: “FIELD EFF. 3/21/12.”

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.

Stream	Basis	Volume	Value
Oil	Disposition	168,986 bbl	$3,259,540
Casinghead gas	Production	1,084,058 Mcf	$2,121,189
Total			$5,380,728

331,955 Mcf of this lease's gas, across 12 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 31.8856, -101.6512. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.88556, -101.65122 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

11,150 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 11,150 ft.

Completions filed

Nov 2003

1 of 1 wells

1 well


42-17332577	2	11,150 ft	Nov 2003	—	Yes

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 (99)

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

99 months


Mar 2004	0	0	34.36	5.53	$0
Feb 2004	0	0	32.45	5.51	$0
Jan 2004	0	0	32.03	6.30	$0
Dec 2003	4	0	30.26	6.30	$121
Nov 2003	53	5,676	28.80	4.60	$27,609
Oct 2003	238	1,989	28.17	4.76	$16,171
Sep 2003	255	1,906	26.31	4.75	$15,761
Aug 2003	169	1,697	29.76	5.13	$13,735
Jul 2003	291	2,390	29.41	5.17	$20,917
Jun 2003	194	1,974	28.56	5.98	$17,351
May 2003	226	2,025	26.59	5.97	$18,104
Apr 2003	195	1,979	26.67	5.41	$15,902
Mar 2003	289	1,861	31.14	6.10	$20,344
Feb 2003	224	2,269	33.48	7.93	$25,483
Jan 2003	285	2,074	30.31	5.58	$20,216
Dec 2002	235	1,987	26.91	4.85	$15,968
Nov 2002	268	1,884	24.66	4.14	$14,403
Oct 2002	299	2,579	26.46	4.23	$18,818
Sep 2002	224	2,595	27.44	3.64	$15,580
Aug 2002	207	2,708	25.96	3.16	$13,942
Jul 2002	214	2,600	24.58	3.06	$13,221
Jun 2002	299	1,645	23.73	3.34	$12,587
May 2002	290	3,178	24.66	3.58	$18,541
Apr 2002	28	4	23.65	3.51	$676
Mar 2002	345	800	22.00	3.10	$10,072
Feb 2002	525	4,976	18.22	2.38	$21,387
Jan 2002	741	5,954	17.17	2.38	$26,868
Dec 2001	309	6,575	16.93	2.36	$20,777
Nov 2001	819	6,634	18.07	2.41	$30,758
Oct 2001	539	6,701	19.78	2.53	$27,607
Sep 2001	524	5,591	24.26	2.25	$25,299
Aug 2001	690	6,791	24.87	3.05	$37,894
Jul 2001	770	6,978	23.93	3.20	$40,735
Jun 2001	632	5,975	24.56	3.82	$38,371
May 2001	593	7,152	25.52	4.31	$45,939
Apr 2001	447	6,722	24.68	5.34	$46,896
Mar 2001	675	7,157	24.54	5.38	$55,044
Feb 2001	477	5,371	27.75	5.77	$44,212
Jan 2001	567	6,051	27.47	8.40	$66,396
Dec 2000	428	1	26.88	9.12	$11,514
Nov 2000	205	5,763	32.21	5.66	$39,210
Oct 2000	118	4,535	31.23	5.15	$27,020
Sep 2000	156	6,192	31.87	5.19	$37,087
Aug 2000	162	6,594	29.64	4.54	$34,743
Jul 2000	194	6,943	28.53	4.09	$33,930
Jun 2000	160	6,661	29.30	4.40	$33,978
May 2000	288	6,914	27.26	3.68	$33,293
Apr 2000	422	7,055	24.51	3.12	$32,327
Mar 2000	911	7,121	28.42	2.86	$46,255
Feb 2000	916	6,762	27.62	2.73	$43,737
Jan 2000	1,152	7,673	25.27	2.48	$48,144
Dec 1999	899	7,167	24.28	2.42	$39,199
Nov 1999	1,026	6,513	23.19	2.43	$39,646
Oct 1999	895	7,224	20.98	2.80	$39,031
Sep 1999	1,039	7,109	21.75	2.62	$41,216
Aug 1999	1,137	7,742	19.26	2.88	$44,162
Jul 1999	1,188	7,831	17.89	2.37	$39,831
Jun 1999	1,136	7,652	15.94	2.36	$36,183
May 1999	1,400	9,229	15.79	2.32	$43,527
Apr 1999	1,161	0	15.10	2.21	$17,531
Mar 1999	1,628	10,138	12.47	1.84	$38,938
Feb 1999	1,178	8,998	9.98	1.82	$28,113
Jan 1999	1,681	10,714	10.38	1.90	$37,805
Dec 1998	1,447	9,736	9.20	1.77	$30,577
Nov 1998	1,500	11,026	10.89	2.19	$40,435
Oct 1998	1,757	11,663	12.42	1.97	$44,789
Sep 1998	1,679	11,633	12.59	2.08	$45,366
Aug 1998	1,731	12,932	11.30	1.91	$44,226
Jul 1998	780	14,350	11.74	2.24	$41,262
Jun 1998	1,751	10,838	11.24	2.24	$43,929
May 1998	1,584	11,293	12.62	2.21	$44,906
Apr 1998	2,086	11,688	13.04	2.51	$56,484
Mar 1998	2,156	13,053	12.80	2.31	$57,742
Feb 1998	1,921	12,205	13.95	2.30	$54,859
Jan 1998	1,299	14,696	14.70	2.15	$50,762
Dec 1997	3,199	16,593	16.32	2.41	$92,215
Nov 1997	3,260	19,108	18.19	3.09	$118,310
Oct 1997	2,836	17,376	19.25	3.15	$109,324
Sep 1997	3,072	18,023	17.74	2.95	$107,753
Aug 1997	4,193	23,411	17.86	2.55	$134,696
Jul 1997	3,954	25,875	17.58	2.25	$127,651
Jun 1997	4,883	30,386	17.24	2.26	$152,770
May 1997	6,549	34,896	18.97	2.31	$204,792
Apr 1997	6,153	32,846	17.88	2.08	$178,427
Mar 1997	6,099	35,992	18.95	1.94	$185,370
Feb 1997	6,080	33,490	20.49	2.21	$198,455
Jan 1997	4,361	22,015	23.48	3.54	$180,323
Dec 1996	5,412	27,470	23.32	—	$126,208
Nov 1996	6,307	29,202	21.97	—	$138,565
Oct 1996	6,216	27,900	23.31	—	$144,895
Sep 1996	7,061	32,406	22.22	—	$156,895
Aug 1996	7,596	37,703	20.26	—	$153,895
Jul 1996	6,385	36,092	19.55	—	$124,827
Jun 1996	5,643	32,197	18.73	—	$105,693
May 1996	5,606	35,193	19.43	—	$108,925
Apr 1996	5,706	35,155	21.51	—	$122,736
Mar 1996	3,708	22,977	19.38	—	$71,861
Feb 1996	2,396	10,831	16.98	—	$40,684
Jan 1996	0	4,829	17.07	—	$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.

Dec 2003 — as filed, then multipliedworked

Oil                    4 bbl  × $ 30.26 =       $121
Casinghead gas         0 Mcf  × $  6.30 =         $0

────────────────────────────────────────────────────
Month total                                     $121

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/34812 is the state's own key, not one this site invented.