EAGLE

Operated by SEABOARD OPERATING CO. (P-5 760960) in the QUITO, WEST (DELAWARE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 38025District 08Field 73933500OilCasinghead gasSaveExport
Value, all time
$3.4 M
Dec 2006 – Dec 2021
Value, last 12 filed months
$8 k
at the published price for each month
Months reported
181
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 53 leases and 175 wells, and the rule below applies to all of them.

Discovered
1955-05-24
as the register files it
Field class
Oil
the register's own label
Between wells
660 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres.

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
OilDisposition42,733 bbl$3,121,429
Casinghead gasProduction63,135 Mcf$265,456
Total$3,386,885

Wells on this lease (2)

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 31.5207, -103.3653. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

31.52069, -103.36530 · 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%
2 of 2 wells
With a plug date
100.0%
2 of 2 wells
Median depth
5,030 ft
2 wells filed one
Completion to plug
7.3 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
2100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
2100.0%
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

Between 4,975 and 5,085 ft, median 5,030 ft, over the 2 wells that filed a depth.

Completions filed
Jun 2008 – Jun 2020
2 of 2 wells
Plug dates filed
Oct 2021
2 of 2 wells

Last completion to plug: a median of 7.3 years across the 2 wells that filed both dates, with the middle half between 4.3 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.

2 wells

42-4753514915,085 ftJun 2020Oct 2021Yes
42-4753533924,975 ftJun 2008Oct 2021Yes

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 (181)

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

181 months

Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 2021130060.362.76$7,847
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 202007516.921.81$136
Apr 2020025114.751.80$453
Mar 2020034230.341.86$635
Feb 2020039149.881.98$774
Jan 2020044057.252.09$922
Dec 2019023559.012.30$542
Nov 2019020155.302.75$553
Oct 2019033253.472.42$803
Sep 201918424655.052.66$10,783
Aug 2019024553.112.30$565
Jul 201918925256.272.46$11,255
Jun 2019017852.782.49$443
May 2019012458.482.74$340
Apr 20191802362.632.75$11,337
Mar 201918311256.803.06$10,737
Feb 2019017050.852.79$475
Jan 2019016246.033.23$523
Dec 2018014446.594.19$603
Nov 201820119452.934.24$11,461
Oct 201819722861.443.40$12,878
Sep 201807459.543.11$230
Aug 201818714459.403.07$11,549
Jul 201818216165.142.93$12,328
Jun 2018011860.183.08$363
May 201836015165.382.90$23,975
Apr 2018026263.842.90$760
Mar 201837133761.222.79$23,652
Feb 2018036361.782.77$1,004
Jan 201817810062.874.01$11,592
Dec 201718237857.272.92$11,527
Nov 201718023055.423.12$10,693
Oct 201736926149.292.98$18,967
Sep 2017013547.523.09$417
Aug 201717712745.373.00$8,412
Jul 201717917643.873.09$8,396
Jun 201716718242.493.09$7,658
May 201736024145.373.26$17,120
Apr 2017030147.933.21$967
Mar 201735833246.772.98$17,734
Feb 201718125050.452.95$9,870
Jan 201733652149.413.42$18,383
Dec 201618147448.763.72$10,590
Nov 201619261142.492.64$9,774
Oct 201617955346.193.09$9,977
Sep 201636557941.553.10$16,961
Aug 201618340841.442.92$8,777
Jul 201636828041.622.92$16,135
Jun 201617831145.352.69$8,908
May 201637213542.521.99$16,086
Apr 2016187036.561.99$6,837
Mar 2016373033.011.79$12,313
Feb 201618414526.472.06$5,170
Jan 201618617827.352.36$5,508
Dec 201536027532.362.00$12,200
Nov 201518416938.792.17$7,504
Oct 201517817443.552.43$8,174
Sep 201535522842.992.76$15,890
Aug 201536138440.162.87$15,601
Jul 201517431248.152.95$9,297
Jun 201535415356.152.88$20,318
May 201519812955.212.96$11,313
Apr 201519035349.822.71$10,421
Mar 201519621042.892.93$9,023
Feb 201537529344.662.98$17,620
Jan 201520328743.433.10$9,706
Dec 201440045954.693.59$23,524
Nov 201417344870.464.25$14,094
Oct 201439544278.303.90$32,653
Sep 201419636986.164.05$18,380
Aug 201437344989.394.04$35,154
Jul 201419432796.564.18$20,099
Jun 201457044898.164.74$58,073
May 2014053794.734.73$2,538
Apr 201418342395.944.81$19,591
Mar 201437153795.895.06$38,291
Feb 201419341697.406.19$21,374
Jan 201440260790.404.86$39,291
Dec 201319356591.824.35$20,182
Nov 201338242088.853.74$35,511
Oct 201337970897.423.78$39,598
Sep 2013188622104.113.72$21,885
Aug 2013349507104.253.52$38,169
Jul 2013382366102.523.72$40,523
Jun 201320349994.403.93$21,126
May 201320048094.834.15$20,958
Apr 201336047793.964.28$35,868
Mar 201355863993.623.91$54,740
Feb 201317569091.233.42$18,325
Jan 201320664091.603.42$21,058
Dec 201217974986.773.42$18,094
Nov 201238175886.953.62$35,876
Oct 201233266289.383.40$31,925
Sep 201217750694.672.92$18,233
Aug 201236259192.662.91$35,262
Jul 201234151085.133.02$30,570
Jun 201232836879.822.52$27,108
May 201234147991.612.49$32,431
Apr 2012178562101.652.00$19,216
Mar 2012512603105.052.22$55,126
Feb 2012349517101.102.57$36,613
Jan 201252456698.092.73$52,947
Dec 201117135396.873.24$17,708
Nov 201117029395.723.31$17,243
Oct 201134835984.983.65$30,883
Sep 201133829983.623.99$29,455
Aug 201133325483.404.15$28,826
Jul 201118826694.144.52$18,900
Jun 201124127792.904.64$23,674
May 201134160898.134.40$36,140
Apr 2011673302105.964.33$72,620
Mar 201151053596.364.06$51,314
Feb 2011032885.644.18$1,371
Jan 201134270586.504.59$32,818
Dec 201051473085.734.35$47,239
Nov 201034570680.843.80$30,569
Oct 201052542878.103.51$42,504
Sep 201034454872.633.98$27,165
Aug 201033043673.684.42$26,241
Jul 201033163272.554.74$27,008
Jun 201049642270.364.91$36,971
May 201032471071.124.24$26,050
Apr 201033774781.694.12$30,609
Mar 201066762978.394.39$55,047
Feb 201032248973.585.44$26,354
Jan 201017275074.365.96$17,263
Dec 200950579371.445.48$40,426
Nov 200935260774.593.75$28,533
Oct 200966786672.544.11$51,944
Sep 200933272165.543.06$23,969
Aug 200936259067.423.22$26,305
Jul 200936544561.133.46$23,854
Jun 200935179066.163.90$26,299
May 200935845754.743.93$21,391
Apr 200935487546.773.59$19,696
Mar 20097261,00942.144.06$34,689
Feb 200917866232.814.63$8,907
Jan 200966580435.865.37$28,165
Dec 200834274937.105.98$17,165
Nov 200853769455.496.86$34,559
Oct 200835853675.246.92$30,646
Sep 2008363175101.767.88$38,317
Aug 2008708542114.228.48$85,466
Jul 20080309131.0811.39$3,519
Jun 2008173430131.3313.03$28,324
May 2008349423123.1711.57$47,882
Apr 2008174170110.3110.45$20,971
Mar 2008355324101.909.66$39,306
Feb 200836231892.538.77$36,285
Jan 200818331990.388.21$19,157
Dec 200735524288.337.30$33,124
Nov 200733218291.677.29$31,762
Oct 200717324982.856.92$16,057
Sep 200717829575.846.24$15,342
Aug 200717623769.066.39$13,669
Jul 200733556970.906.39$27,386
Jun 200736440462.007.55$25,618
May 200735654458.747.85$25,180
Apr 200732822359.617.81$21,293
Mar 2007519056.927.30$29,541
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$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.

Apr 2021 — as filed, then multipliedworked
Oil                  130 bbl  × $ 60.36 =     $7,847
Casinghead gas         0 Mcf  × $  2.76 =         $0

────────────────────────────────────────────────────
Month total                                   $7,847

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/38025 is the state's own key, not one this site invented.