LEFT FORK 40

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

Oil lease lease 38447District 08Field 55552700OilCasinghead gasSaveExport
Value, all time
$732 k
Jun 2007 – May 2011
Value, last 12 filed months
$6 k
at the published price for each month
Months reported
48
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
1980-09-01
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

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
OilDisposition7,458 bbl$581,888
Casinghead gasProduction23,291 Mcf$149,635
Total$731,523

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 32.1045, -100.8846. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.10448, -100.88461 · 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
7,546 ft
1 wells filed one
Completion to plug
3.7 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 7,546 ft.

Completions filed
May 2007
1 of 1 wells
Plug dates filed
Jan 2011
1 of 1 wells

Last completion to plug: a median of 3.7 years across the 1 well that filed both dates, with the middle half between 3.7 years and 3.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3353473217,546 ftMay 2007Jan 2011Yes

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 (48)

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

48 months

May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 201144085.644.18$3,768
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 2010010872.554.74$512
Jun 2010036170.364.91$1,773
May 201007471.124.24$313
Apr 2010025581.694.12$1,051
Mar 2010025278.394.39$1,106
Feb 20101703473.585.44$12,694
Jan 2010037974.365.96$2,260
Dec 2009140771.445.48$2,303
Nov 200918128974.593.75$14,585
Oct 200917960572.544.11$15,471
Sep 200906765.543.06$205
Aug 2009118367.423.22$656
Jul 200917978461.133.46$13,658
Jun 200910625166.163.90$7,991
May 20091819154.743.93$10,265
Apr 2009114346.773.59$560
Mar 200934224342.144.06$15,398
Feb 200919318532.814.63$7,189
Jan 200917022635.865.37$7,310
Dec 200818934737.105.98$9,086
Nov 2008237355.496.86$2,670
Oct 200818019575.246.92$14,893
Sep 2008141312101.767.88$16,806
Aug 20080848114.228.48$7,194
Jul 200826446131.0811.39$35,129
Jun 200818034131.3313.03$24,083
May 2008179199123.1711.57$24,351
Apr 2008360421110.3110.45$44,113
Mar 20080170101.909.66$1,643
Feb 20080292.538.77$18
Jan 200802290.388.21$181
Dec 200715619688.337.30$15,211
Nov 20077072,00191.677.29$79,401
Oct 20078893,00582.856.92$94,454
Sep 20071,0634,12775.846.24$106,388
Aug 20077122,06369.066.39$62,349
Jul 20075092,44970.906.39$51,732
Jun 20071791,54462.007.55$22,753

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.

Feb 2011 — as filed, then multipliedworked
Oil                   44 bbl  × $ 85.64 =     $3,768
Casinghead gas         0 Mcf  × $  4.18 =         $0

────────────────────────────────────────────────────
Month total                                   $3,768

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/38447 is the state's own key, not one this site invented.