CAPSAICIN

Operated by STEPHENS & JOHNSON OPERATING CO. (P-5 817555) in the NUZ (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 36946District 08Field 66345700OilCasinghead gasSaveExport
Value, all time
$8.2 M
Feb 2002 – Jul 2007
Value, last 12 filed months
$1.1 M
at the published price for each month
Months reported
66
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 12 leases and 15 wells, and the rule below applies to all of them.

Discovered
1982-07-17
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 1984-06-25.

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 08/01/96.

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
OilDisposition34,180 bbl$1,104,094
Casinghead gasProduction1,036,344 Mcf$7,061,533
Total$8,165,626

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 30.8271, -102.5289. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.82715, -102.52886 · 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
6,540 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 6,540 ft.

Completions filed
Jan 2002
1 of 1 wells

1 well

42-3713699616,540 ftJan 2002Yes

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 (66)

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

66 months

Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 200759058.747.85$3,466
Apr 2007178059.617.81$10,611
Mar 20070056.927.30$0
Feb 200717619,19755.108.22$167,420
Jan 200718522,35450.306.73$159,678
Dec 200617323,63756.656.92$173,332
Nov 200617122,48854.207.62$180,570
Oct 200633722,20654.906.01$152,044
Sep 200617022,43860.085.04$123,238
Aug 200616718,48168.717.34$147,124
Jul 200617118,58869.376.34$129,761
Jun 200634219,38966.286.38$146,445
May 2006021,63466.016.42$138,998
Apr 2006017,73164.397.36$130,509
Mar 2006017,33856.707.08$122,804
Feb 200633214,89657.597.75$134,581
Jan 200633517,11060.598.93$173,147
Dec 200516717,91854.9413.42$249,552
Nov 200534617,59354.6910.59$205,204
Oct 200532720,39258.3413.80$300,400
Sep 200533520,04861.4512.08$262,746
Aug 200533622,27761.519.80$238,912
Jul 200533121,00455.697.84$183,181
Jun 200533619,92252.337.38$164,628
May 200533620,78945.226.65$153,465
Apr 200516021,01649.207.36$162,560
Mar 2005022,60450.377.15$161,729
Feb 200517421,02745.226.31$140,589
Jan 200535919,49043.166.32$138,714
Dec 200416919,02239.866.75$135,155
Nov 200435818,57545.286.33$133,798
Oct 200429325,02049.706.52$177,570
Sep 200417715,52543.245.28$89,686
Aug 200417718,17042.375.55$108,355
Jul 200435317,19238.286.08$118,112
Jun 200435216,54736.106.43$119,154
May 200435417,05237.486.49$124,014
Apr 200435916,53734.475.86$109,256
Mar 200417817,24734.365.53$101,494
Feb 200436015,68232.455.51$98,084
Jan 200453916,47732.036.30$121,063
Dec 2003020,01730.266.30$126,140
Nov 200318020,93928.804.60$101,402
Oct 200335520,64228.174.76$108,249
Sep 200353020,52126.314.75$111,406
Aug 200317821,98529.765.13$118,074
Jul 200335522,76029.415.17$128,129
Jun 200352920,34028.565.98$136,802
May 200335622,62626.595.97$144,604
Apr 200336423,08526.675.41$134,535
Mar 200335823,22231.146.10$152,710
Feb 200317921,26433.487.93$174,529
Jan 200371623,04630.315.58$150,346
Dec 200217922,64026.914.85$114,706
Nov 20021,0437,51024.664.14$56,789
Oct 20022,2832,14026.464.23$69,459
Sep 20022,2702,97027.443.64$73,085
Aug 20022,0952,03825.963.16$60,835
Jul 20022,816024.583.06$69,217
Jun 20022,9641,53123.733.34$75,447
May 20024,072024.663.58$100,416
Apr 20022,124023.653.51$50,233
Mar 2002343022.003.10$7,546
Feb 20022192,45518.222.38$9,822

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.

May 2007 — as filed, then multipliedworked
Oil                   59 bbl  × $ 58.74 =     $3,466
Casinghead gas         0 Mcf  × $  7.85 =         $0

────────────────────────────────────────────────────
Month total                                   $3,466

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/36946 is the state's own key, not one this site invented.