CHIANTI

Operated by TRILOGY OPERATING, INC. (P-5 869713) in the BIG SPRING (FUSSELMAN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 40732District 08Field 08044400OilCasinghead gasSaveExport
Value, all time
$563 k
Jan 2011 – Apr 2015
Value, last 12 filed months
$9 k
at the published price for each month
Months reported
52
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 54 leases and 80 wells, and the rule below applies to all of them.

Discovered
1955-10-09
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 80 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
OilDisposition5,830 bbl$538,329
Casinghead gasProduction7,047 Mcf$25,071
Total$563,400

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 32.2868, -101.3586. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.28683, -101.35859 · 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
9,420 ft
1 wells filed one
Completion to plug
3.4 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 9,420 ft.

Completions filed
Jan 2011
1 of 1 wells
Plug dates filed
Jun 2014
1 of 1 wells

Last completion to plug: a median of 3.4 years across the 1 well that filed both dates, with the middle half between 3.4 years and 3.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2273651719,420 ftJan 2011Jun 2014Yes

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 (52)

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

52 months

Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 201435098.164.74$3,436
May 201456094.734.73$5,305
Apr 2014173095.944.81$16,598
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 2013174093.623.91$16,290
Feb 20130091.233.42$0
Jan 2013177091.603.42$16,213
Dec 2012169086.773.42$14,664
Nov 20120086.953.62$0
Oct 20121821589.383.40$16,318
Sep 20120094.672.92$0
Aug 20123292992.662.91$30,569
Jul 2012010685.133.02$320
Jun 20121872579.822.52$14,989
May 201236519691.612.49$33,925
Apr 20120206101.652.00$411
Mar 20120428105.052.22$951
Feb 20120542101.102.57$1,393
Jan 2012059698.092.73$1,630
Dec 201136958596.873.24$37,640
Nov 201135560795.723.31$35,991
Oct 201117647984.983.65$16,704
Sep 2011063583.623.99$2,531
Aug 201136573983.404.15$33,507
Jul 201136266194.144.52$37,065
Jun 201135471092.904.64$36,181
May 2011248898.134.40$2,346
Apr 20115430105.964.33$57,536
Mar 2011539096.364.06$51,938
Feb 2011533085.644.18$45,646
Jan 2011385086.504.59$33,303

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.

Jun 2014 — as filed, then multipliedworked
Oil                   35 bbl  × $ 98.16 =     $3,436
Casinghead gas         0 Mcf  × $  4.74 =         $0

────────────────────────────────────────────────────
Month total                                   $3,436

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/40732 is the state's own key, not one this site invented.