PRICE "46"

Operated by OXY USA INC. (P-5 630591) in the COLLIE (DELAWARE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 42718District 08Field 19665200OilCasinghead gasSaveExport
Value, all time
$831 k
Jun 2011 – Aug 2016
Value, last 12 filed months
$17 k
at the published price for each month
Months reported
63
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 140 leases and 683 wells, and the rule below applies to all of them.

Discovered
1981-11-07
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
191 ft
minimum

A drilling unit in this field needs at least 10 acres. The field rule took effect on 2020-02-01.

The Commission's schedule remark for this field reads: WELLS WITH LESS THAN 80ACRES ELIGIBLE FOR 350MER

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
OilDisposition7,643 bbl$706,879
Casinghead gasProduction41,413 Mcf$124,382
Total$831,261

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 31.4534, -103.4607. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.45342, -103.46071 · 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
6,365 ft
1 wells filed one
Completion to plug
5.1 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 6,365 ft.

Completions filed
Jun 2011
1 of 1 wells
Plug dates filed
Jul 2016
1 of 1 wells

Last completion to plug: a median of 5.1 years across the 1 well that filed both dates, with the middle half between 5.1 years and 5.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4753570316,365 ftJun 2011Jul 2016Yes

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 (63)

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

63 months

Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 201682742.521.99$394
Apr 20166944436.561.99$3,407
Mar 20166344333.011.79$2,874
Feb 20162054126.472.06$1,646
Jan 2016550327.352.36$1,326
Dec 20151274632.362.00$1,881
Nov 20151156738.792.17$1,656
Oct 20151545743.552.43$1,762
Sep 20151351942.992.76$1,990
Aug 2015369940.162.87$2,128
Jul 2015074348.152.95$2,188
Jun 2015845356.152.88$1,755
May 20151147055.212.96$1,996
Apr 20151025449.822.71$1,186
Mar 2015018642.892.93$546
Feb 2015041644.662.98$1,238
Jan 2015079343.433.10$2,459
Dec 201405154.693.59$183
Nov 2014025970.464.25$1,101
Oct 2014173478.303.90$2,942
Sep 20142174986.164.05$4,839
Aug 2014710089.394.04$1,029
Jul 20140096.564.18$0
Jun 201474398.164.74$891
May 20147188394.734.73$10,899
Apr 20146961795.944.81$9,587
Mar 201410064595.895.06$12,851
Feb 20144747097.406.19$7,488
Jan 20146634690.404.86$7,648
Dec 20133254891.824.35$5,325
Nov 20136525788.853.74$6,736
Oct 201321216197.423.78$21,262
Sep 2013307122104.113.72$32,415
Aug 2013327102104.253.52$34,449
Jul 201318391102.523.72$19,099
Jun 20131718394.403.93$16,469
May 201337025394.834.15$36,137
Apr 201333246493.964.28$33,182
Mar 20137530993.623.91$8,231
Feb 20135324591.233.42$5,673
Jan 201323789591.603.42$24,770
Dec 20124301,65286.773.42$42,961
Nov 20124081,38586.953.62$40,496
Oct 20124141,59389.383.40$42,419
Sep 20124341,63594.672.92$45,858
Aug 20124221,57792.662.91$43,689
Jul 20122051,23185.133.02$21,170
Jun 201232081779.822.52$27,600
May 20124443,92091.612.49$50,429
Apr 20123764,126101.652.00$46,459
Mar 2012106775105.052.22$12,857
Feb 20124932,904101.102.57$57,306
Jan 20125903,11098.092.73$66,376
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0

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.

May 2016 — as filed, then multipliedworked
Oil                    8 bbl  × $ 42.52 =       $340
Casinghead gas        27 Mcf  × $  1.99 =        $54

────────────────────────────────────────────────────
Month total                                     $394

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/42718 is the state's own key, not one this site invented.