CBR 8

Operated by RKI EXPLORATION & PRODUCTION LLC (P-5 714221) in the SANDBAR (BONE SPRING) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 42368District 08Field 80544500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$5.0 M
Sep 2010 – Feb 2018
Value, last 12 filed months
$0
at the published price for each month
Months reported
90
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 1,654 leases and 2,003 wells, and the rule below applies to all of them.

Discovered
2010-09-15
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 20 acres. The field rule took effect on 2015-08-25.

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: DKT08-0319479 ORDER NUNC PRO TUNC REGARDING SWR13

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
OilDisposition29,182 bbl$2,622,796
Casinghead gasProduction679,587 Mcf$2,378,019
Total$5,000,814

Wells on this lease (3)

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 31.9834, -103.8818. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.7 miles.

31.98331, -103.88188 · 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%
3 of 3 wells
With a plug date
100.0%
3 of 3 wells
Median depth
7,532 ft
3 wells filed one
Completion to plug
6.0 years
median over 3 wells

What the state filed about each well

On the RRC proration schedule
3100.0%
A plug date is filed
3100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
3100.0%
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 7,471 and 7,802 ft, median 7,532 ft, over the 3 wells that filed a depth.

Completions filed
Sep 2010 – Mar 2012
3 of 3 wells
Plug dates filed
Oct 2017 – Nov 2017
3 of 3 wells

Last completion to plug: a median of 6.0 years across the 3 wells that filed both dates, with the middle half between 5.8 years and 6.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

3 wells

42-301317296H7,471 ftMar 2012Oct 2017Yes
42-301315972H7,532 ftNov 2011Nov 2017Yes
42-301315461H7,802 ftSep 2010Nov 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 (90)

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

90 months

Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
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 201439054.693.59$2,133
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 201468098.164.74$6,675
May 2014111094.734.73$10,515
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20133111191.824.35$3,330
Nov 2013112788.853.74$1,078
Oct 20130097.423.78$0
Sep 20131930104.113.72$20,093
Aug 2013400104.253.52$4,170
Jul 201322944102.523.72$5,765
Jun 20132431494.403.93$3,501
May 2013012,84994.834.15$53,312
Apr 2013301,34793.964.28$8,587
Mar 201334,97793.623.91$19,755
Feb 201304,89791.233.42$16,747
Jan 201303,54491.603.42$12,120
Dec 2012915086.773.42$79,395
Nov 20122204,00586.953.62$33,647
Oct 201227810,79889.383.40$61,557
Sep 201241197494.672.92$41,752
Aug 20122155,28292.662.91$35,283
Jul 201222219,23285.133.02$76,995
Jun 201257819,69379.822.52$95,743
May 201278229,39791.612.49$144,788
Apr 201250118,969101.652.00$88,804
Mar 201292025,898105.052.22$154,193
Feb 20121,44047,246101.102.57$267,018
Jan 20123,00552,85598.092.73$439,270
Dec 20113,86551,98096.873.24$542,804
Nov 2011533,79095.723.31$17,623
Oct 20111825,99084.983.65$37,321
Sep 201153020,27583.623.99$125,131
Aug 20111,21317,90883.404.15$175,470
Jul 201135516,77894.144.52$109,210
Jun 201189618,37392.904.64$168,487
May 201171927,37198.134.40$191,120
Apr 20111,23837,625105.964.33$294,218
Mar 201137034,97796.364.06$177,567
Feb 20111,5821,65285.644.18$142,388
Jan 2011812,10986.504.59$56,258
Dec 20101,23823,99185.734.35$210,441
Nov 20101,62231,21280.843.80$249,582
Oct 20102,12447,99878.103.51$334,304
Sep 20103,12864,19972.633.98$482,665

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 2014 — as filed, then multipliedworked
Oil                   39 bbl  × $ 54.69 =     $2,133
Casinghead gas         0 Mcf  × $  3.59 =         $0

────────────────────────────────────────────────────
Month total                                   $2,133

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/42368 is the state's own key, not one this site invented.