NEWBURY

Operated by RESOLUTE NATURAL RES. CO., LLC (P-5 703352) in the PHANTOM (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 44408District 08Field 71052900Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$4.4 M
Aug 2012 – Sep 2020
Value, last 12 filed months
$0
at the published price for each month
Months reported
98
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 7,755 leases and 10,539 wells, and the rule below applies to all of them.

Discovered
1983-06-23
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 2017-08-01.

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: FOR THE FOLLOWING API 389-37515.

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
OilDisposition48,986 bbl$3,536,755
Casinghead gasProduction268,356 Mcf$908,447
Total$4,445,203

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 31.6382, -103.8417. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.5 miles.

31.63701, -103.84036 · 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
11,764 ft
3 wells filed one
Completion to plug
10.6 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 11,394 and 13,500 ft, median 11,764 ft, over the 3 wells that filed a depth.

Completions filed
Feb 2012 – Dec 2012
3 of 3 wells
Plug dates filed
Sep 2022 – Apr 2023
3 of 3 wells

Last completion to plug: a median of 10.6 years across the 3 wells that filed both dates, with the middle half between 10.5 years and 10.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

3 wells

42-38932915211,394 ftDec 2012Apr 2023Yes
42-38933066311,764 ftAug 2012Mar 2023Yes
42-38932846113,500 ftFeb 2012Sep 2022Yes

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 (98)

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

98 months

Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
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 201840065.142.93$2,606
Jun 20185621,45960.183.08$38,310
May 20186015,12465.382.90$54,157
Apr 20184194,63063.842.90$40,180
Mar 20184254,75261.222.79$39,262
Feb 20186194,97761.782.77$52,009
Jan 20189866,66762.874.01$88,720
Dec 20176135,90757.272.92$52,364
Nov 20176176,45955.423.12$54,336
Oct 20176236,15549.292.98$49,072
Sep 20176035,64447.523.09$46,079
Aug 20177894,38045.373.00$48,956
Jul 20175934,63943.873.09$40,337
Jun 20174113,71242.493.09$28,923
May 20176724,14645.373.26$44,019
Apr 20178195,00947.933.21$55,342
Mar 20171,4188,53546.772.98$91,786
Feb 20172121,96850.452.95$16,506
Jan 20174022,46949.413.42$28,304
Dec 201637864548.763.72$20,833
Nov 20163932,10842.492.64$22,273
Oct 20165703,64646.193.09$37,595
Sep 20163963,77141.553.10$28,146
Aug 20163873,72041.442.92$26,916
Jul 20163244,55741.622.92$26,811
Jun 20165593,95745.352.69$35,978
May 20161975,09042.521.99$18,511
Apr 20165734,88436.561.99$30,673
Mar 20164024,53933.011.79$21,413
Feb 20163843,82926.472.06$18,066
Jan 20165583,66527.352.36$23,927
Dec 20153683,55232.362.00$19,017
Nov 20155744,14038.792.17$31,238
Oct 20152012,75443.552.43$15,436
Sep 20153812,27242.992.76$22,646
Aug 20153661,86040.162.87$20,041
Jul 20155352,08248.152.95$31,892
Jun 20153601,82156.152.88$25,464
May 201517748355.212.96$11,200
Apr 201585768749.822.71$44,555
Mar 2015379942.892.93$2,474
Feb 201597861844.662.98$45,517
Jan 201540173943.433.10$19,707
Dec 201474799154.693.59$44,412
Nov 20143951,33370.464.25$33,499
Oct 20145801,78678.303.90$52,381
Sep 20149313,47586.164.05$94,273
Aug 20147754,50589.394.04$87,455
Jul 20143804,69996.564.18$56,333
Jun 20147803,39698.164.74$92,651
May 20145975,54894.734.73$82,777
Apr 20149755,65995.944.81$120,756
Mar 20141,3366,66195.895.06$161,792
Feb 20143675,45597.406.19$69,523
Jan 20149724,84990.404.86$111,438
Dec 20137816,26291.824.35$98,979
Nov 20135866,74488.853.74$77,277
Oct 20139605,13197.423.78$112,915
Sep 20131,1151,751104.113.72$122,592
Aug 20137621,871104.253.52$86,029
Jul 20137612,574102.523.72$87,587
Jun 20137402,52194.403.93$79,772
May 20131,3353,35994.834.15$140,535
Apr 20139783,45893.964.28$106,702
Mar 20139224,18693.623.91$102,697
Feb 20131,1544,57591.233.42$120,926
Jan 20132,9265,04191.603.42$285,261
Dec 20122,1154,34086.773.42$198,362
Nov 20129742,44986.953.62$93,567
Oct 20127644,53589.383.40$83,704
Sep 20121,5328,35294.672.92$169,409
Aug 20120092.662.91$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.

Jul 2018 — as filed, then multipliedworked
Oil                   40 bbl  × $ 65.14 =     $2,606
Casinghead gas         0 Mcf  × $  2.93 =         $0

────────────────────────────────────────────────────
Month total                                   $2,606

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/44408 is the state's own key, not one this site invented.