WEAVER 24

Operated by CALLON PETROLEUM OPERATING CO (P-5 124828) in the SPRABERRY (TREND AREA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 40865District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$6.8 M
Jan 2011 – Aug 2019
Value, last 12 filed months
$0
at the published price for each month
Months reported
104
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 16,587 leases and 43,997 wells, and the rule below applies to all of them.

Discovered
1952-12-22
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2018-02-13.

The Commission's schedule remark for this field reads: SPRABERRY (TREND AREA) FIELD EFFECTIVE 10/1/2019.

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
OilDisposition66,715 bbl$5,484,035
Casinghead gasProduction369,130 Mcf$1,286,751
Total$6,770,785

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 32.2764, -101.5246. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

32.27637, -101.52460 · 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
100.0%
2 of 2 wells
Median depth
9,837 ft
2 wells filed one
Completion to plug
6.6 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
2100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
2100.0%
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 9,723 and 9,950 ft, median 9,837 ft, over the 2 wells that filed a depth.

Completions filed
Jan 2011 – May 2012
2 of 2 wells
Plug dates filed
Apr 2017 – Apr 2019
2 of 2 wells

Last completion to plug: a median of 6.6 years across the 2 wells that filed both dates, with the middle half between 6.4 years and 6.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-2273678629,950 ftMay 2012Apr 2019Yes
42-2273654319,723 ftJan 2011Apr 2017Yes

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 (104)

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

104 months

Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 201718449557.272.92$11,984
Nov 20171651,82255.423.12$14,826
Oct 20171732,35449.292.98$15,551
Sep 20173602,31447.523.09$24,251
Aug 20173581,78045.373.00$21,590
Jul 20173511,91343.873.09$21,304
Jun 2017018642.493.09$574
May 2017013045.373.26$424
Apr 20173262,53847.933.21$23,776
Mar 20171822,93046.772.98$17,254
Feb 20175152,82950.452.95$34,335
Jan 20171832,57849.413.42$17,856
Dec 20161922,08648.763.72$17,128
Nov 20161583,19542.492.64$15,162
Oct 20161891,44346.193.09$13,189
Sep 20164943,76541.553.10$32,200
Aug 20163283,97741.442.92$25,222
Jul 20168444,10641.622.92$47,135
Jun 20163444,08245.352.69$26,564
May 20163363,26942.521.99$20,795
Apr 20163412,71636.561.99$17,875
Mar 20164913,96533.011.79$23,321
Feb 20163323,81926.472.06$16,669
Jan 20168603,19827.352.36$31,082
Dec 20153654,23432.362.00$20,285
Nov 20155574,24838.792.17$30,813
Oct 20153494,65743.552.43$26,500
Sep 20158974,81442.992.76$51,841
Aug 201502,05540.162.87$5,903
Jul 20158733,93748.152.95$53,630
Jun 20155134,15256.152.88$40,775
May 20153414,84755.212.96$33,152
Apr 20156844,67649.822.71$46,733
Mar 20156925,13942.892.93$44,761
Feb 20156985,14844.662.98$46,494
Jan 20153714,08243.433.10$28,769
Dec 20143453,70554.693.59$32,174
Nov 20143172,86070.464.25$34,496
Oct 20143475,06678.303.90$46,932
Sep 20148855,00586.164.05$96,499
Aug 2014510089.394.04$45,589
Jul 20146765,69596.564.18$89,077
Jun 20148725,53198.164.74$111,795
May 20145335,95094.734.73$78,614
Apr 20147265,76995.944.81$97,396
Mar 20141,0856,38895.895.06$136,343
Feb 20147194,92297.406.19$100,508
Jan 20141,3945,89090.404.86$154,647
Dec 20137106,56591.824.35$93,779
Nov 20135406,32988.853.74$71,639
Oct 20131,0997,06097.423.78$133,747
Sep 20131,2757,276104.113.72$159,791
Aug 20131,1127,490104.253.52$142,310
Jul 20139197,308102.523.72$121,385
Jun 20131,0917,21394.403.93$131,362
May 20138578,22394.834.15$115,387
Apr 20131,4717,05793.964.28$168,437
Mar 20131,1308,19693.623.91$137,860
Feb 20131,9998,43591.233.42$211,216
Jan 20131,2688,67091.603.42$145,799
Dec 20121,87210,75686.773.42$199,221
Nov 20121,6928,98886.953.62$179,701
Oct 20121,8939,55189.383.40$201,667
Sep 20121,9869,55194.672.92$215,888
Aug 20123,15010,13992.662.91$321,365
Jul 20123,1778,46685.133.02$296,032
Jun 20121,5024,86379.822.52$132,140
May 20128851,98391.612.49$86,009
Apr 20125452,032101.652.00$59,457
Mar 20127552,391105.052.22$84,626
Feb 20125732,377101.102.57$64,040
Jan 20121,0792,67998.092.73$113,164
Dec 20112021,88996.873.24$25,688
Nov 20115514,25495.723.31$66,828
Oct 20119183,18684.983.65$89,636
Sep 20111,0581,97183.623.99$96,326
Aug 20111,3023,53583.404.15$123,255
Jul 20111,1055,42694.144.52$128,535
Jun 20111,2994,37692.904.64$140,981
May 20111,874098.134.40$183,896
Apr 20112,1234,757105.964.33$245,566
Mar 20117031,11896.364.06$72,277
Feb 20115451,30885.644.18$52,141
Jan 201103,45286.504.59$15,840

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.

Dec 2017 — as filed, then multipliedworked
Oil                  184 bbl  × $ 57.27 =    $10,538
Casinghead gas       495 Mcf  × $  2.92 =     $1,446

────────────────────────────────────────────────────
Month total                                  $11,984

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/40865 is the state's own key, not one this site invented.