TRUELOVE

Name: TRUELOVE lease production and value, Apr 1996 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by TACOR RESOURCES INC (P-5 834330) in the SPRABERRY (TREND AREA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 34926District 08Field 85280300OilCasinghead gasSave Export

Value, all time

$762 k

Apr 1996 – May 2008

Value, last 12 filed months

$7 k

at the published price for each month

Months reported

146

no gaps in the span

Streams

oil, casinghead gas

The SPRABERRY (TREND AREA) 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 16,587 leases and 43,997 wells, and the rule below applies to all of them.

Discovered

1952-12-22

as the register files it

Field class

Oil and gas

the register's own label

Between wells

0 ft

minimum

From a lease line

330 ft

minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2018-02-13.

The Commission's schedule remark for this field reads: “SPRABERRY (TREND AREA) FIELD EFFECTIVE 10/1/2019.”

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	25,123 bbl	$708,687
Casinghead gas	Production	14,735 Mcf	$53,687
Total			$762,373

5,562 Mcf of this lease's gas, across 9 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 32.0326, -101.9801. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.03264, -101.98006 · 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

100.0%

1 of 1 wells

Median depth

12,685 ft

1 wells filed one

Completion to plug

12.1 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 12,685 ft.

Completions filed

Mar 1996

1 of 1 wells

Plug dates filed

Apr 2008

1 of 1 wells

Last completion to plug: a median of 12.1 years across the 1 well that filed both dates, with the middle half between 12.1 years and 12.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-32931299	1	12,685 ft	Mar 1996	Apr 2008	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 (146)

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

146 months


May 2008	0	0	123.17	11.57	$0
Apr 2008	0	0	110.31	10.45	$0
Mar 2008	0	0	101.90	9.66	$0
Feb 2008	0	0	92.53	8.77	$0
Jan 2008	0	0	90.38	8.21	$0
Dec 2007	0	0	88.33	7.30	$0
Nov 2007	0	0	91.67	7.29	$0
Oct 2007	0	0	82.85	6.92	$0
Sep 2007	0	0	75.84	6.24	$0
Aug 2007	0	0	69.06	6.39	$0
Jul 2007	102	0	70.90	6.39	$7,232
Jun 2007	0	0	62.00	7.55	$0
May 2007	0	1	58.74	7.85	$8
Apr 2007	0	0	59.61	7.81	$0
Mar 2007	0	0	56.92	7.30	$0
Feb 2007	0	7	55.10	8.22	$58
Jan 2007	168	82	50.30	6.73	$9,002
Dec 2006	0	101	56.65	6.92	$699
Nov 2006	177	102	54.20	7.62	$10,370
Oct 2006	0	123	54.90	6.01	$740
Sep 2006	172	130	60.08	5.04	$10,989
Aug 2006	177	178	68.71	7.34	$13,468
Jul 2006	169	188	69.37	6.34	$12,916
Jun 2006	0	169	66.28	6.38	$1,079
May 2006	178	23	66.01	6.42	$11,898
Apr 2006	176	54	64.39	7.36	$11,730
Mar 2006	171	46	56.70	7.08	$10,022
Feb 2006	0	36	57.59	7.75	$279
Jan 2006	181	59	60.59	8.93	$11,494
Dec 2005	182	44	54.94	13.42	$10,589
Nov 2005	173	36	54.69	10.59	$9,843
Oct 2005	0	81	58.34	13.80	$1,117
Sep 2005	179	87	61.45	12.08	$12,050
Aug 2005	176	103	61.51	9.80	$11,835
Jul 2005	176	109	55.69	7.84	$10,656
Jun 2005	180	114	52.33	7.38	$10,261
May 2005	186	104	45.22	6.65	$9,103
Apr 2005	0	80	49.20	7.36	$589
Mar 2005	180	78	50.37	7.15	$9,625
Feb 2005	176	91	45.22	6.31	$8,533
Jan 2005	181	129	43.16	6.32	$8,628
Dec 2004	180	134	39.86	6.75	$8,079
Nov 2004	180	130	45.28	6.33	$8,973
Oct 2004	0	109	49.70	6.52	$710
Sep 2004	180	142	43.24	5.28	$8,534
Aug 2004	179	121	42.37	5.55	$8,256
Jul 2004	178	69	38.28	6.08	$7,234
Jun 2004	178	210	36.10	6.43	$7,777
May 2004	174	234	37.48	6.49	$8,041
Apr 2004	0	205	34.47	5.86	$1,201
Mar 2004	357	293	34.36	5.53	$13,887
Feb 2004	0	194	32.45	5.51	$1,069
Jan 2004	348	285	32.03	6.30	$12,942
Dec 2003	183	282	30.26	6.30	$7,315
Nov 2003	0	94	28.80	4.60	$432
Oct 2003	178	174	28.17	4.76	$5,842
Sep 2003	184	292	26.31	4.75	$6,228
Aug 2003	174	326	29.76	5.13	$6,851
Jul 2003	347	315	29.41	5.17	$11,834
Jun 2003	169	302	28.56	5.98	$6,633
May 2003	180	271	26.59	5.97	$6,405
Apr 2003	184	211	26.67	5.41	$6,048
Mar 2003	177	312	31.14	6.10	$7,414
Feb 2003	184	262	33.48	7.93	$8,237
Jan 2003	369	270	30.31	5.58	$12,692
Dec 2002	183	317	26.91	4.85	$6,463
Nov 2002	183	279	24.66	4.14	$5,667
Oct 2002	183	0	26.46	4.23	$4,842
Sep 2002	181	0	27.44	3.64	$4,967
Aug 2002	182	0	25.96	3.16	$4,725
Jul 2002	178	0	24.58	3.06	$4,375
Jun 2002	176	0	23.73	3.34	$4,176
May 2002	356	0	24.66	3.58	$8,779
Apr 2002	177	0	23.65	3.51	$4,186
Mar 2002	350	0	22.00	3.10	$7,700
Feb 2002	173	0	18.22	2.38	$3,152
Jan 2002	169	0	17.17	2.38	$2,902
Dec 2001	184	0	16.93	2.36	$3,115
Nov 2001	359	0	18.07	2.41	$6,487
Oct 2001	169	0	19.78	2.53	$3,343
Sep 2001	163	0	24.26	2.25	$3,954
Aug 2001	346	0	24.87	3.05	$8,605
Jul 2001	180	0	23.93	3.20	$4,307
Jun 2001	176	0	24.56	3.82	$4,323
May 2001	355	0	25.52	4.31	$9,060
Apr 2001	166	0	24.68	5.34	$4,097
Mar 2001	360	0	24.54	5.38	$8,834
Feb 2001	175	0	27.75	5.77	$4,856
Jan 2001	173	0	27.47	8.40	$4,752
Dec 2000	181	0	26.88	9.12	$4,865
Nov 2000	362	0	32.21	5.66	$11,660
Oct 2000	181	0	31.23	5.15	$5,653
Sep 2000	360	0	31.87	5.19	$11,473
Aug 2000	171	0	29.64	4.54	$5,068
Jul 2000	357	0	28.53	4.09	$10,185
Jun 2000	181	0	29.30	4.40	$5,303
May 2000	354	0	27.26	3.68	$9,650
Apr 2000	0	0	24.51	3.12	$0
Mar 2000	0	0	28.42	2.86	$0
Feb 2000	175	0	27.62	2.73	$4,834
Jan 2000	162	0	25.27	2.48	$4,094
Dec 1999	158	0	24.28	2.42	$3,836
Nov 1999	170	0	23.19	2.43	$3,942
Oct 1999	172	0	20.98	2.80	$3,609
Sep 1999	174	0	21.75	2.62	$3,785
Aug 1999	175	0	19.26	2.88	$3,371
Jul 1999	171	0	17.89	2.37	$3,059
Jun 1999	170	0	15.94	2.36	$2,710
May 1999	172	0	15.79	2.32	$2,716
Apr 1999	165	0	15.10	2.21	$2,492
Mar 1999	319	0	12.47	1.84	$3,978
Feb 1999	0	0	9.98	1.82	$0
Jan 1999	171	0	10.38	1.90	$1,775
Dec 1998	178	0	9.20	1.77	$1,638
Nov 1998	183	0	10.89	2.19	$1,993
Oct 1998	166	0	12.42	1.97	$2,062
Sep 1998	178	0	12.59	2.08	$2,241
Aug 1998	183	0	11.30	1.91	$2,068
Jul 1998	181	0	11.74	2.24	$2,125
Jun 1998	5	0	11.24	2.24	$56
May 1998	175	0	12.62	2.21	$2,209
Apr 1998	178	0	13.04	2.51	$2,321
Mar 1998	180	0	12.80	2.31	$2,304
Feb 1998	172	66	13.95	2.30	$2,551
Jan 1998	177	74	14.70	2.15	$2,761
Dec 1997	180	45	16.32	2.41	$3,046
Nov 1997	171	0	18.19	3.09	$3,110
Oct 1997	182	45	19.25	3.15	$3,645
Sep 1997	176	91	17.74	2.95	$3,391
Aug 1997	190	79	17.86	2.55	$3,595
Jul 1997	167	72	17.58	2.25	$3,098
Jun 1997	184	52	17.24	2.26	$3,290
May 1997	183	76	18.97	2.31	$3,647
Apr 1997	185	88	17.88	2.08	$3,491
Mar 1997	358	67	18.95	1.94	$6,914
Feb 1997	0	37	20.49	2.21	$82
Jan 1997	358	193	23.48	3.54	$9,089
Dec 1996	181	263	23.32	—	$4,221
Nov 1996	172	292	21.97	—	$3,779
Oct 1996	322	339	23.31	—	$7,506
Sep 1996	351	429	22.22	—	$7,799
Aug 1996	374	891	20.26	—	$7,577
Jul 1996	522	926	19.55	—	$10,205
Jun 1996	349	849	18.73	—	$6,537
May 1996	532	909	19.43	—	$10,337
Apr 1996	489	664	21.51	—	$10,518

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.

Jul 2007 — as filed, then multipliedworked

Oil                  102 bbl  × $ 70.90 =     $7,232
Casinghead gas         0 Mcf  × $  6.39 =         $0

────────────────────────────────────────────────────
Month total                                   $7,232

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/34926 is the state's own key, not one this site invented.