AVERITT

Name: AVERITT lease production and value, Nov 2006 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by FDL OPERATING, LLC (P-5 263924) in the SALLIE ANN (SPRABERRY-WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 38581District 08Field 79820800OilCasinghead gasSave Export

Value, all time

$48.9 M

Nov 2006 – Mar 2019

Value, last 12 filed months

at the published price for each month

Months reported

149

no gaps in the span

Streams

oil, casinghead gas

The SALLIE ANN (SPRABERRY-WOLFCAMP) field

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 125 leases and 849 wells, and the rule below applies to all of them.

Discovered

2004-12-13

as the register files it

Field class

Oil and gas

the register's own label

Between wells

500 ft

minimum

From a lease line

660 ft

minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2012-11-20.

The Commission's schedule remark for this field reads: “FIELDS”

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.

Stream	Basis	Volume	Value
Oil	Disposition	550,144 bbl	$44,324,131
Casinghead gas	Production	1,238,573 Mcf	$4,620,922
Total			$48,945,053

Wells on this lease (17)

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 31.7504, -102.3339. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.0 miles.

31.75078, -102.33392 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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%

17 of 17 wells

With a plug date

0.0%

0 of 17 wells

Median depth

10,306 ft

17 wells filed one

Completion to plug

—

no well filed both dates

What the state filed about each well

On the RRC proration schedule

17100.0%

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

Total depth in feet, 17 of 17 wells. Median 10,306 ft, with the middle half between 10,270 and 10,346 ft; the shallowest is 9,473 ft and the deepest 12,995 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

Last completion by decade, 17 of 17 wells, Jul 2009 – May 2021. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed

Jul 2009 – May 2021

17 of 17 wells

17 wells


42-13540849	16	10,200 ft	May 2021	—	Yes
42-13539863	8	10,265 ft	Jul 2018	—	Yes
42-13540215	11	10,300 ft	Dec 2017	—	Yes
42-13539862	4	10,278 ft	Aug 2017	—	Yes
42-13539864	6	10,306 ft	Aug 2017	—	Yes
42-13539866	13	10,270 ft	Aug 2017	—	Yes
42-13539968	5	10,328 ft	Aug 2017	—	Yes
42-13540216	12	10,358 ft	Aug 2017	—	Yes
42-13540217	3	10,350 ft	Aug 2017	—	Yes
42-13540648	10	10,429 ft	Aug 2017	—	Yes
42-13541726	14	10,205 ft	Aug 2017	—	Yes
42-13542348	15	10,346 ft	Jun 2014	—	Yes
42-13541343	17H	9,473 ft	Apr 2012	—	Yes
42-13539118	2201	12,995 ft	Nov 2011	—	Yes
42-13540236	7	10,319 ft	Dec 2010	—	Yes
42-13539865	9	10,284 ft	Oct 2009	—	Yes
42-13539861	2	10,310 ft	Jul 2009	—	Yes

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 (149)

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

149 months


Mar 2019	0	0	56.80	3.06	$0
Feb 2019	0	0	50.85	2.79	$0
Jan 2019	0	0	46.03	3.23	$0
Dec 2018	0	0	46.59	4.19	$0
Nov 2018	0	0	52.93	4.24	$0
Oct 2018	0	0	61.44	3.40	$0
Sep 2018	0	0	59.54	3.11	$0
Aug 2018	0	0	59.40	3.07	$0
Jul 2018	0	0	65.14	2.93	$0
Jun 2018	0	0	60.18	3.08	$0
May 2018	0	0	65.38	2.90	$0
Apr 2018	0	0	63.84	2.90	$0
Mar 2018	0	0	61.22	2.79	$0
Feb 2018	0	0	61.78	2.77	$0
Jan 2018	0	0	62.87	4.01	$0
Dec 2017	0	0	57.27	2.92	$0
Nov 2017	0	0	55.42	3.12	$0
Oct 2017	0	0	49.29	2.98	$0
Sep 2017	0	0	47.52	3.09	$0
Aug 2017	3,633	13,500	45.37	3.00	$205,389
Jul 2017	2,653	13,445	43.87	3.09	$157,896
Jun 2017	2,574	12,544	42.49	3.09	$148,096
May 2017	3,016	13,836	45.37	3.26	$181,988
Apr 2017	2,121	8,368	47.93	3.21	$128,534
Mar 2017	3,033	12,918	46.77	2.98	$180,397
Feb 2017	2,420	11,255	50.45	2.95	$155,321
Jan 2017	2,747	12,619	49.41	3.42	$178,871
Dec 2016	2,839	12,347	48.76	3.72	$184,395
Nov 2016	2,259	11,823	42.49	2.64	$127,249
Oct 2016	2,259	14,872	46.19	3.09	$150,302
Sep 2016	0	7,911	41.55	3.10	$24,529
Aug 2016	1,825	7,911	41.44	2.92	$98,762
Jul 2016	937	6,920	41.62	2.92	$59,234
Jun 2016	1,116	7,642	45.35	2.69	$71,136
May 2016	1,627	8,860	42.52	1.99	$86,821
Apr 2016	1,740	10,146	36.56	1.99	$83,815
Mar 2016	1,948	10,382	33.01	1.79	$82,929
Feb 2016	2,071	10,986	26.47	2.06	$77,490
Jan 2016	2,123	9,991	27.35	2.36	$81,686
Dec 2015	1,855	9,905	32.36	2.00	$79,852
Nov 2015	2,248	9,860	38.79	2.17	$108,570
Oct 2015	2,998	9,005	43.55	2.43	$152,414
Sep 2015	1,950	9,616	42.99	2.76	$110,355
Aug 2015	1,796	10,061	40.16	2.87	$101,027
Jul 2015	1,943	9,444	48.15	2.95	$121,369
Jun 2015	1,958	9,245	56.15	2.88	$136,594
May 2015	2,232	7,660	55.21	2.96	$145,867
Apr 2015	2,444	10,185	49.82	2.71	$149,327
Mar 2015	2,332	9,836	42.89	2.93	$128,885
Feb 2015	2,273	8,007	44.66	2.98	$125,343
Jan 2015	2,528	8,958	43.43	3.10	$137,566
Dec 2014	2,778	9,326	54.69	3.59	$185,422
Nov 2014	2,820	8,491	70.46	4.25	$234,800
Oct 2014	3,136	9,589	78.30	3.90	$282,955
Sep 2014	3,310	9,458	86.16	4.05	$323,451
Aug 2014	3,694	12,108	89.39	4.04	$379,064
Jul 2014	4,185	10,339	96.56	4.18	$447,316
Jun 2014	2,637	9,572	98.16	4.74	$304,189
May 2014	2,697	9,741	94.73	4.73	$301,528
Apr 2014	2,771	9,959	95.94	4.81	$313,744
Mar 2014	3,240	11,409	95.89	5.06	$368,377
Feb 2014	3,106	11,791	97.40	6.19	$375,534
Jan 2014	3,483	8,540	90.40	4.86	$356,374
Dec 2013	3,763	8,770	91.82	4.35	$383,707
Nov 2013	3,722	8,086	88.85	3.74	$360,927
Oct 2013	4,019	11,632	97.42	3.78	$435,493
Sep 2013	3,860	14,054	104.11	3.72	$454,114
Aug 2013	4,134	12,968	104.25	3.52	$476,651
Jul 2013	4,713	13,401	102.52	3.72	$532,998
Jun 2013	4,959	13,156	94.40	3.93	$519,878
May 2013	6,970	14,947	94.83	4.15	$722,981
Apr 2013	10,508	16,454	93.96	4.28	$1,057,797
Mar 2013	9,121	13,693	93.62	3.91	$907,487
Feb 2013	4,692	10,239	91.23	3.42	$463,068
Jan 2013	6,056	15,072	91.60	3.42	$606,274
Dec 2012	5,535	13,882	86.77	3.42	$527,751
Nov 2012	5,759	13,693	86.95	3.62	$550,382
Oct 2012	5,385	12,529	89.38	3.40	$523,906
Sep 2012	6,456	14,198	94.67	2.92	$652,625
Aug 2012	6,947	14,883	92.66	2.91	$686,991
Jul 2012	8,832	16,060	85.13	3.02	$800,382
Jun 2012	5,375	12,147	79.82	2.52	$459,631
May 2012	4,837	12,110	91.61	2.49	$473,251
Apr 2012	10,049	15,509	101.65	2.00	$1,052,449
Mar 2012	5,117	14,362	105.05	2.22	$569,454
Feb 2012	5,746	16,047	101.10	2.57	$622,165
Jan 2012	6,237	15,671	98.09	2.73	$654,633
Dec 2011	6,188	17,924	96.87	3.24	$657,501
Nov 2011	6,060	16,398	95.72	3.31	$634,362
Oct 2011	6,710	19,149	84.98	3.65	$640,082
Sep 2011	8,340	16,761	83.62	3.99	$764,197
Aug 2011	8,818	20,386	83.40	4.15	$820,009
Jul 2011	8,773	15,690	94.14	4.52	$896,766
Jun 2011	10,772	20,732	92.90	4.64	$1,096,913
May 2011	12,498	20,288	98.13	4.40	$1,315,794
Apr 2011	11,183	18,244	105.96	4.33	$1,264,007
Mar 2011	12,651	19,738	96.36	4.06	$1,299,134
Feb 2011	10,287	17,114	85.64	4.18	$952,515
Jan 2011	9,175	14,235	86.50	4.59	$858,959
Dec 2010	12,309	16,954	85.73	4.35	$1,128,962
Nov 2010	13,130	19,983	80.84	3.80	$1,137,271
Oct 2010	10,731	17,398	78.10	3.51	$899,139
Sep 2010	16,330	22,253	72.63	3.98	$1,274,603
Aug 2010	11,449	18,622	73.68	4.42	$925,860
Jul 2010	11,156	15,371	72.55	4.74	$882,172
Jun 2010	9,750	13,315	70.36	4.91	$751,392
May 2010	13,196	13,273	71.12	4.24	$994,714
Apr 2010	15,954	13,917	81.69	4.12	$1,360,658
Mar 2010	13,265	16,184	78.39	4.39	$1,110,870
Feb 2010	9,403	12,345	73.58	5.44	$759,059
Jan 2010	10,363	10,170	74.36	5.96	$831,247
Dec 2009	6,209	8,141	71.44	5.48	$488,214
Nov 2009	4,825	5,380	74.59	3.75	$380,080
Oct 2009	4,879	5,062	72.54	4.11	$374,729
Sep 2009	843	1,360	65.54	3.06	$59,418
Aug 2009	1,512	1,373	67.42	3.22	$106,358
Jul 2009	333	626	61.13	3.46	$22,525
Jun 2009	178	650	66.16	3.90	$14,308
May 2009	332	712	54.74	3.93	$20,969
Apr 2009	387	729	46.77	3.59	$20,715
Mar 2009	0	793	42.14	4.06	$3,219
Feb 2009	501	607	32.81	4.63	$19,250
Jan 2009	166	665	35.86	5.37	$9,524
Dec 2008	173	703	37.10	5.98	$10,620
Nov 2008	342	688	55.49	6.86	$23,698
Oct 2008	170	737	75.24	6.92	$17,892
Sep 2008	349	530	101.76	7.88	$39,689
Aug 2008	332	860	114.22	8.48	$45,216
Jul 2008	352	436	131.08	11.39	$51,106
Jun 2008	680	663	131.33	13.03	$97,945
May 2008	540	940	123.17	11.57	$77,392
Apr 2008	7	1,065	110.31	10.45	$11,907
Mar 2008	362	1,177	101.90	9.66	$48,262
Feb 2008	541	1,179	92.53	8.77	$60,399
Jan 2008	702	1,395	90.38	8.21	$74,894
Dec 2007	888	1,410	88.33	7.30	$88,733
Nov 2007	859	1,256	91.67	7.29	$87,903
Oct 2007	878	1,034	82.85	6.92	$79,900
Sep 2007	1,222	1,561	75.84	6.24	$102,424
Aug 2007	1,016	1,887	69.06	6.39	$82,219
Jul 2007	1,854	3,919	70.90	6.39	$156,483
Jun 2007	3,207	6,122	62.00	7.55	$245,046
May 2007	3,622	2,967	58.74	7.85	$236,036
Apr 2007	2,341	1,085	59.61	7.81	$148,016
Mar 2007	471	473	56.92	7.30	$30,263
Feb 2007	412	0	55.10	8.22	$22,701
Jan 2007	21	0	50.30	6.73	$1,056
Dec 2006	0	0	56.65	6.92	$0
Nov 2006	0	0	54.20	7.62	$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.

Aug 2017 — as filed, then multipliedworked

Oil                3,633 bbl  × $ 45.37 =   $164,829
Casinghead gas    13,500 Mcf  × $  3.00 =    $40,559

────────────────────────────────────────────────────
Month total                                 $205,389

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/38581 is the state's own key, not one this site invented.