LYDA, G. "4"

Operated by THOMPSON, J. CLEO (P-5 855610) in the WORSHAM-BAYER (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 38685District 08Field 98837830OilCasinghead gasSaveExport
Value, all time
$2.0 M
Apr 2007 – Mar 2011
Value, last 12 filed months
$126 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 3 leases and 3 wells, and the rule below applies to all of them.

Discovered
1964-11-20
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: CONSOLIDATED INTO WOLFBONE (TREND AREA) EFF. 11/30/2010.

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
OilDisposition14,954 bbl$1,205,620
Casinghead gasProduction109,015 Mcf$755,428
Total$1,961,048

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 31.3039, -103.2073. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.30392, -103.20725 · 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
0.0%
0 of 1 wells
Median depth
19,532 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
1100.0%
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

The one well that filed a depth was drilled to 19,532 ft.

Completions filed
Apr 2007
1 of 1 wells

1 well

42-38932194119,532 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 (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

Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 201042345680.843.80$35,926
Oct 20101841,43278.103.51$19,395
Sep 2010177072.633.98$12,856
Aug 201018083073.684.42$16,930
Jul 2010047772.554.74$2,259
Jun 201017174070.364.91$15,665
May 20101741,28771.124.24$17,826
Apr 201011,26981.694.12$5,313
Mar 2010194078.394.39$15,208
Feb 20101922,20773.585.44$26,139
Jan 2010123,13474.365.96$19,584
Dec 20091892,55671.445.48$27,519
Nov 200932,50174.593.75$9,606
Oct 20093652,08872.544.11$35,059
Sep 20091771,36765.543.06$15,790
Aug 20091771,66467.423.22$17,289
Jul 20091931,63061.133.46$17,445
Jun 20093521,16166.163.90$27,810
May 20093731,32454.743.93$25,616
Apr 20091951,26246.773.59$13,648
Mar 20095721,48342.144.06$30,124
Feb 20093721,74632.814.63$20,295
Jan 20093841,74235.865.37$23,127
Dec 20081971,36437.105.98$15,462
Nov 20085681,74255.496.86$43,469
Oct 20085521,92575.246.92$54,857
Sep 20081,0632,892101.767.88$130,951
Aug 20081,1293,509114.228.48$158,721
Jul 20083753,219131.0811.39$85,818
Jun 20087363,260131.3313.03$139,145
May 20081891,292123.1711.57$38,233
Apr 20083762,870110.3110.45$71,482
Mar 20083772,771101.909.66$65,195
Feb 20083782,99492.538.77$61,235
Jan 20081933,20490.388.21$43,735
Dec 20073726,04388.337.30$76,985
Nov 20073754,09091.677.29$64,199
Oct 20075703,92082.856.92$74,359
Sep 20073754,37775.846.24$55,771
Aug 20075475,13769.066.39$70,591
Jul 20075526,14570.906.39$78,391
Jun 20076445,86362.007.55$84,185
May 20073267,50258.747.85$78,012
Apr 200702,54059.617.81$19,825

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.

Nov 2010 — as filed, then multipliedworked
Oil                  423 bbl  × $ 80.84 =    $34,195
Casinghead gas       456 Mcf  × $  3.80 =     $1,731

────────────────────────────────────────────────────
Month total                                  $35,926

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/38685 is the state's own key, not one this site invented.