SETTLES, W. R.-C-

Operated by CONOCOPHILLIPS COMPANY (P-5 172232) in the HOWARD GLASSCOCK (CONSOLIDATED) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 41254District 08Field 42971200Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$886 k
Dec 2011 – Sep 2015
Value, last 12 filed months
$0
at the published price for each month
Months reported
46
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 231 leases and 2,805 wells, and the rule below applies to all of them.

Discovered
2011-11-22
as the register files it
Field class
Oil
the register's own label
Between wells
0 ft
minimum
From a lease line
200 ft
minimum

A drilling unit in this field needs at least 5 acres. The field rule took effect on 2014-01-07.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: P-15'S, ACRES LIST, AND LEASE PLATS REQUIRED.

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
OilDisposition9,335 bbl$886,012
Casinghead gasProduction192 Mcf$432
Total$886,445

Wells on this lease (11)

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 32.0898, -101.3873. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.8 miles.

32.08850, -101.38747 · 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
18.2%
2 of 11 wells
With a plug date
18.2%
2 of 11 wells
Median depth
2,700 ft
11 wells filed one
Completion to plug
5.2 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
218.2%
A plug date is filed
218.2%
BothOn the schedule and plugged. Neither fact cancels the other.
218.2%
NeitherNo plug date, and not on the schedule.
981.8%

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, 11 of 11 wells. Median 2,700 ft, with the middle half between 2,625 and 2,725 ft; the shallowest is 2,534 ft and the deepest 3,400 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, 11 of 11 wells, Aug 1975 – Aug 2016. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Aug 1975 – Aug 2016
11 of 11 wells
Plug dates filed
Nov 2013 – Mar 2021
2 of 11 wells; 9 filed none

Last completion to plug: a median of 5.2 years across the 2 wells that filed both dates, with the middle half between 2.7 years and 7.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

11 wells

42-2273333317W2,700 ftAug 2016
42-22733106162,760 ftOct 2013
42-2273337518W2,700 ftSep 2013Nov 2013Yes
42-22731899122,650 ftFeb 2011
42-227004021W2,534 ftFeb 2011Mar 2021Yes
42-2273351622W2,750 ftJun 2010
42-22733050142,650 ftNov 1985
42-22733376192,700 ftNov 1985
42-173304349D3,400 ftNov 1976
42-2273093862,600 ftFeb 1976
42-2273083152,560 ftAug 1975

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 (46)

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

46 months

Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
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 2014176089.394.04$15,733
Jul 2014179096.564.18$17,284
Jun 2014247098.164.74$24,246
May 2014215094.734.73$20,367
Apr 2014236095.944.81$22,642
Mar 2014190095.895.06$18,219
Feb 2014136097.406.19$13,246
Jan 2014242090.404.86$21,877
Dec 2013337091.824.35$30,943
Nov 2013424088.853.74$37,672
Oct 2013323097.423.78$31,467
Sep 20133550104.113.72$36,959
Aug 20133760104.253.52$39,198
Jul 20133760102.523.72$38,548
Jun 2013332094.403.93$31,341
May 2013316094.834.15$29,966
Apr 2013262093.964.28$24,618
Mar 2013330093.623.91$30,895
Feb 2013221091.233.42$20,162
Jan 2013299091.603.42$27,388
Dec 2012248086.773.42$21,519
Nov 2012234086.953.62$20,346
Oct 2012179089.383.40$15,999
Sep 2012317094.672.92$30,010
Aug 2012302092.662.91$27,983
Jul 2012322085.133.02$27,412
Jun 20122261279.822.52$18,070
May 2012326091.612.49$29,865
Apr 201231383101.652.00$31,982
Mar 201234862105.052.22$36,695
Feb 20123643101.102.57$36,808
Jan 20122642598.092.73$25,964
Dec 2011320796.873.24$31,021

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 2014 — as filed, then multipliedworked
Oil                  176 bbl  × $ 89.39 =    $15,733
Casinghead gas         0 Mcf  × $  4.04 =         $0

────────────────────────────────────────────────────
Month total                                  $15,733

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/41254 is the state's own key, not one this site invented.