PRAIRIE SCHOONER UNIVERSITY

Operated by BURLESON PETROLEUM, INC. (P-5 109255) in the FULLERTON (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 38183District 08Field 33230800Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$2.5 M
Apr 2007 – Sep 2010
Value, last 12 filed months
$722 k
at the published price for each month
Months reported
42
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 8 leases and 14 wells, and the rule below applies to all of them.

Discovered
1947-04-01
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.

The Commission's schedule remark for this field reads: (WOLFCAMP) CONSOLIDATED INTO FULLERTON FIELD EFFECTIVE 6/9/10.

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
OilDisposition27,504 bbl$2,152,092
Casinghead gasProduction58,589 Mcf$367,436
Total$2,519,527

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 32.3522, -102.7843. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

32.35218, -102.78433 · 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
0.0%
0 of 2 wells
Median depth
8,663 ft
2 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
2100.0%
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

Between 8,521 and 8,804 ft, median 8,663 ft, over the 2 wells that filed a depth.

Completions filed
Apr 2007 – May 2009
2 of 2 wells

2 wells

42-0034063828,521 ftMay 2009Yes
42-0034003418,804 ftApr 2007Yes

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 (42)

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

42 months

Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20104,7545,90871.124.24$363,126
Apr 20104981,47381.694.12$46,754
Mar 20108351,60078.394.39$72,478
Feb 20104951,30673.585.44$43,530
Jan 20107731,60874.365.96$67,071
Dec 20095021,59271.445.48$44,593
Nov 20096671,70974.593.75$56,163
Oct 200934570472.544.11$27,920
Sep 20095201,71565.543.06$39,337
Aug 20095121,94067.423.22$40,763
Jul 20098411,89861.133.46$57,986
Jun 20098341,86166.163.90$62,426
May 20091,0102,42854.743.93$64,819
Apr 20095211,41646.773.59$29,447
Mar 20097051,28342.144.06$34,916
Feb 20093701,49932.814.63$19,085
Jan 20097081,79535.865.37$35,030
Dec 20087091,85337.105.98$37,380
Nov 20085291,96155.496.86$42,807
Oct 20088742,32275.246.92$81,833
Sep 20089051,847101.767.88$106,642
Aug 20089042,776114.228.48$126,804
Jul 20088782,424131.0811.39$142,696
Jun 20087121,999131.3313.03$119,559
May 20081,0731,806123.1711.57$153,065
Apr 20087271,498110.3110.45$95,857
Mar 20085531,465101.909.66$70,509
Feb 20089121,00892.538.77$93,228
Jan 200836213690.388.21$33,834
Dec 200717483988.337.30$21,496
Nov 200772493791.677.29$73,201
Oct 20075431,23482.856.92$53,529
Sep 20073561,03675.846.24$33,468
Aug 200755098969.066.39$44,301
Jul 2007938070.906.39$66,504
Jun 200719150262.007.55$15,631
May 2007022258.747.85$1,742
Apr 20070059.617.81$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.

May 2010 — as filed, then multipliedworked
Oil                4,754 bbl  × $ 71.12 =   $338,104
Casinghead gas     5,908 Mcf  × $  4.24 =    $25,022

────────────────────────────────────────────────────
Month total                                 $363,126

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/38183 is the state's own key, not one this site invented.