QUINN

Operated by VANGUARD OPERATING, LLC (P-5 881585) in the TRIP COWBOYS (FUSSELMAN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 37505District 08Field 91294200Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$15.4 M
Jan 2005 – Feb 2016
Value, last 12 filed months
$8 k
at the published price for each month
Months reported
134
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 2 leases and 2 wells, and the rule below applies to all of them.

Discovered
2005-01-06
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

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.

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
OilDisposition236,500 bbl$15,257,894
Casinghead gasProduction17,091 Mcf$143,317
Total$15,401,211

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 32.1558, -101.5896. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.15584, -101.58959 · 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
10,239 ft
1 wells filed one
Completion to plug
10.3 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 10,239 ft.

Completions filed
Jan 2005
1 of 1 wells
Plug dates filed
May 2015
1 of 1 wells

Last completion to plug: a median of 10.3 years across the 1 well that filed both dates, with the middle half between 10.3 years and 10.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-22735903110,239 ftJan 2005May 2015Yes

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 (134)

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

134 months

Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 2015175043.552.43$7,621
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 2014181096.564.18$17,477
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 2014174095.944.81$16,694
Mar 2014184095.895.06$17,644
Feb 2014186097.406.19$18,116
Jan 2014188090.404.86$16,995
Dec 2013152091.824.35$13,957
Nov 20130088.853.74$0
Oct 2013179097.423.78$17,438
Sep 20131820104.113.72$18,948
Aug 20133510104.253.52$36,592
Jul 20133420102.523.72$35,062
Jun 2013369094.403.93$34,834
May 20130094.834.15$0
Apr 2013364093.964.28$34,201
Mar 20130093.623.91$0
Feb 2013748091.233.42$68,240
Jan 2013188091.603.42$17,221
Dec 2012377086.773.42$32,712
Nov 2012359086.953.62$31,215
Oct 2012514089.383.40$45,941
Sep 2012181094.672.92$17,135
Aug 2012360092.662.91$33,358
Jul 2012726085.133.02$61,804
Jun 20120079.822.52$0
May 2012374091.612.49$34,262
Apr 20123630101.652.00$36,899
Mar 201200105.052.22$0
Feb 20123700101.102.57$37,407
Jan 2012730098.092.73$71,606
Dec 20110096.873.24$0
Nov 2011746095.723.31$71,407
Oct 2011709084.983.65$60,251
Sep 2011352083.623.99$29,434
Aug 2011501083.404.15$41,783
Jul 2011563094.144.52$53,001
Jun 20110092.904.64$0
May 2011722098.134.40$70,850
Apr 20111,1000105.964.33$116,556
Mar 2011753096.364.06$72,559
Feb 20111,001085.644.18$85,726
Jan 2011561086.504.59$48,527
Dec 2010739085.734.35$63,354
Nov 2010545080.843.80$44,058
Oct 2010678078.103.51$52,952
Sep 2010715072.633.98$51,930
Aug 2010861073.684.42$63,438
Jul 2010913072.554.74$66,238
Jun 2010913070.364.91$64,239
May 2010555071.124.24$39,472
Apr 2010712081.694.12$58,163
Mar 20101,243078.394.39$97,439
Feb 20101,080073.585.44$79,466
Jan 2010700074.365.96$52,052
Dec 20091,990071.445.48$142,166
Nov 20091,427074.593.75$106,440
Oct 20091,079072.544.11$78,271
Sep 20092,345065.543.06$153,691
Aug 20091,056067.423.22$71,196
Jul 20092,454061.133.46$150,013
Jun 2009500066.163.90$33,080
May 20091,776054.743.93$97,218
Apr 20092,627046.773.59$122,865
Mar 20091,811042.144.06$76,316
Feb 20092,269032.814.63$74,446
Jan 20092,019035.865.37$72,401
Dec 20081,800037.105.98$66,780
Nov 20081,644055.496.86$91,226
Oct 20082,014075.246.92$151,533
Sep 20082,3780101.767.88$241,985
Aug 20082,0070114.228.48$229,240
Jul 20081,0960131.0811.39$143,664
Jun 20081,2810131.3313.03$168,234
May 20081,1130123.1711.57$137,088
Apr 20081,8310110.3110.45$201,978
Mar 20081,4470101.909.66$147,449
Feb 20082,172092.538.77$200,975
Jan 20081,825090.388.21$164,944
Dec 20072,566088.337.30$226,655
Nov 20072,748091.677.29$251,909
Oct 20072,720082.856.92$225,352
Sep 20072,552075.846.24$193,544
Aug 20073,088069.066.39$213,257
Jul 20073,4561570.906.39$245,126
Jun 20073,30621862.007.55$206,618
May 20073,14434758.747.85$187,401
Apr 20074,47234759.617.81$269,284
Mar 20072,96224256.927.30$170,364
Feb 20073,91524155.108.22$217,697
Jan 20073,96032750.306.73$201,388
Dec 20062,79832556.656.92$160,755
Nov 20061,87620154.207.62$103,210
Oct 20062,39624154.906.01$132,990
Sep 20062,51125460.085.04$152,140
Aug 20063,62962168.717.34$253,907
Jul 20064,50888869.376.34$318,352
Jun 20065,55288866.286.38$373,655
May 20066,8231,01466.016.42$456,901
Apr 20064,11777364.397.36$270,783
Mar 20065,68781256.707.08$328,204
Feb 20063,99225957.597.75$231,907
Jan 20065,92476860.598.93$365,796
Dec 20057,54184754.9413.42$425,665
Nov 20056,75793454.6910.59$379,430
Oct 20057,17696058.3413.80$431,892
Sep 20056,51775161.4512.08$409,541
Aug 20057,21396761.519.80$453,145
Jul 20056,67276055.697.84$377,525
Jun 20056,48773152.337.38$344,860
May 20056,95995745.226.65$321,051
Apr 20056,85799349.207.36$344,673
Mar 20057,86741050.377.15$399,194
Feb 20055,301045.226.31$239,711
Jan 20055,511043.166.32$237,855

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.

Oct 2015 — as filed, then multipliedworked
Oil                  175 bbl  × $ 43.55 =     $7,621
Casinghead gas         0 Mcf  × $  2.43 =         $0

────────────────────────────────────────────────────
Month total                                   $7,621

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/37505 is the state's own key, not one this site invented.