SPADE UNIT

Operated by BRIGHT & CO. (P-5 93125) in the SPADE (ELLENBURGER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 37124District 08Field 84855250OilCasinghead gasSaveExport
Value, all time
$2.4 M
Jul 2003 – Jun 2010
Value, last 12 filed months
$11 k
at the published price for each month
Months reported
84
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 6 leases and 9 wells, and the rule below applies to all of them.

Discovered
1962-05-08
as the register files it
Field class
Oil
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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
OilDisposition53,587 bbl$2,384,253
Casinghead gasProduction5,780 Mcf$35,649
Total$2,419,901

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 32.0693, -100.9853. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.06926, -100.98534 · 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
7,972 ft
1 wells filed one
Completion to plug
6.6 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 7,972 ft.

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

Last completion to plug: a median of 6.6 years across the 1 well that filed both dates, with the middle half between 6.6 years and 6.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4313307217,972 ftJul 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 (84)

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

84 months

Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 2009178061.133.46$10,881
Jun 20090066.163.90$0
May 2009127054.743.93$6,952
Apr 20090046.773.59$0
Mar 2009187042.144.06$7,880
Feb 2009172032.814.63$5,643
Jan 2009369035.865.37$13,232
Dec 2008188037.105.98$6,975
Nov 2008183055.496.86$10,155
Oct 20080075.246.92$0
Sep 20081810101.767.88$18,419
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 20083390131.3313.03$44,521
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 20081790101.909.66$18,240
Feb 2008181092.538.77$16,748
Jan 2008364090.388.21$32,898
Dec 2007180088.337.30$15,899
Nov 2007173091.677.29$15,859
Oct 2007182082.856.92$15,079
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 2007359070.906.39$25,453
Jun 2007360062.007.55$22,320
May 2007183058.747.85$10,749
Apr 20070059.617.81$0
Mar 2007183056.927.30$10,416
Feb 2007185955.108.22$10,267
Jan 2007186050.306.73$9,356
Dec 2006369056.656.92$20,904
Nov 2006363054.207.62$19,675
Oct 2006364054.906.01$19,984
Sep 2006363060.085.04$21,809
Aug 2006537068.717.34$36,897
Jul 2006543069.376.34$37,668
Jun 2006362066.286.38$23,993
May 2006535066.016.42$35,315
Apr 2006546064.397.36$35,157
Mar 2006909056.707.08$51,540
Feb 2006553057.597.75$31,847
Jan 2006921060.598.93$55,803
Dec 2005372054.9413.42$20,438
Nov 200592410254.6910.59$51,614
Oct 2005737058.3413.80$42,997
Sep 2005910161.4512.08$55,932
Aug 20059108961.519.80$56,846
Jul 2005908055.697.84$50,567
Jun 20051,0895252.337.38$57,371
May 20051,27711945.226.65$58,537
Apr 20051,64121349.207.36$82,305
Mar 20051,10519950.377.15$57,083
Feb 20051,11912145.226.31$51,365
Jan 20051,1105943.166.32$48,281
Dec 20041,48031239.866.75$61,099
Nov 200455228045.286.33$26,767
Oct 20041,45624949.706.52$73,985
Sep 20041,09331243.245.28$48,910
Aug 20041,08037742.375.55$47,852
Jul 20041,61817338.286.08$62,990
Jun 20041,02332336.106.43$39,008
May 20041,63252637.486.49$64,584
Apr 20041,66749134.475.86$60,338
Mar 20042,19027134.365.53$76,747
Feb 20042,02222332.455.51$66,843
Jan 20042,13119432.036.30$69,478
Dec 20032,93824130.266.30$90,423
Nov 20031,46314828.804.60$42,814
Oct 20031,0663628.174.76$30,201
Sep 20032,00217826.314.75$53,518
Aug 20032,71038129.765.13$82,604
Jul 20032,35810129.415.17$69,871

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 2009 — as filed, then multipliedworked
Oil                  178 bbl  × $ 61.13 =    $10,881
Casinghead gas         0 Mcf  × $  3.46 =         $0

────────────────────────────────────────────────────
Month total                                  $10,881

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/37124 is the state's own key, not one this site invented.