AVERITT (AW)

Operated by FDL OPERATING, LLC (P-5 263924) in the SALLIE ANN (SPRABERRY-WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 45430District 08Field 79820800OilCasinghead gasSaveExport
Value, all time
$4.6 M
Aug 2013 – Mar 2019
Value, last 12 filed months
$0
at the published price for each month
Months reported
68
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 125 leases and 849 wells, and the rule below applies to all of them.

Discovered
2004-12-13
as the register files it
Field class
Oil and gas
the register's own label
Between wells
500 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2012-11-20.

The Commission's schedule remark for this field reads: FIELDS

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
OilDisposition53,099 bbl$4,185,880
Casinghead gasProduction104,808 Mcf$374,468
Total$4,560,348

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 31.7707, -102.3437. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.77070, -102.34369 · 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
0.0%
0 of 1 wells
Median depth
9,477 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
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 9,477 ft.

Completions filed
Sep 2017
1 of 1 wells

1 well

42-1354242719H9,477 ftSep 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 (68)

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

68 months

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 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20177321,38445.373.00$37,369
Jul 201745483243.873.09$22,486
Jun 201745288842.493.09$21,947
May 201763470445.373.26$31,062
Apr 201739625247.933.21$19,790
Mar 201757245846.772.98$28,119
Feb 201746032,64250.452.95$119,586
Jan 201756617849.413.42$28,575
Dec 201652444748.763.72$27,214
Nov 201639265842.492.64$18,396
Oct 20163921,10746.193.09$21,527
Sep 201601,10741.553.10$3,432
Aug 20166721,10741.442.92$31,085
Jul 201634149441.622.92$15,637
Jun 201634153545.352.69$16,901
May 201647674842.521.99$21,729
Apr 201653569636.561.99$20,945
Mar 20165641,15133.011.79$20,683
Feb 20166221,09926.472.06$18,732
Jan 201650272127.352.36$15,434
Dec 201567680032.362.00$23,476
Nov 201558197738.792.17$24,654
Oct 201580763343.552.43$36,681
Sep 201538167742.992.76$18,247
Aug 201561643540.162.87$25,988
Jul 20154981,25148.152.95$27,663
Jun 201572295756.152.88$43,299
May 201565975155.212.96$38,603
Apr 201562555449.822.71$32,637
Mar 201565769742.892.93$30,224
Feb 20157041,03944.662.98$34,533
Jan 20157751,11543.433.10$37,115
Dec 20147651,39354.693.59$46,841
Nov 201461890470.464.25$47,388
Oct 201466561678.303.90$54,472
Sep 201464543086.164.05$57,313
Aug 201459810189.394.04$53,863
Jul 20149894,82296.564.18$115,652
Jun 20141,2463,79998.164.74$140,303
May 20141,6896,74994.734.73$191,899
Apr 20142,1466,03595.944.81$234,910
Mar 20142,8204,81095.895.06$294,733
Feb 20141,4391,07097.406.19$146,784
Jan 20142,3122,64990.404.86$221,881
Dec 20132,0301,88391.824.35$194,594
Nov 20131,6221,66888.853.74$150,350
Oct 20134,5104,83797.423.78$457,645
Sep 201310,6415,948104.113.72$1,129,948
Aug 20131,0360104.253.52$108,003

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 2017 — as filed, then multipliedworked
Oil                  732 bbl  × $ 45.37 =    $33,211
Casinghead gas     1,384 Mcf  × $  3.00 =     $4,158

────────────────────────────────────────────────────
Month total                                  $37,369

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/45430 is the state's own key, not one this site invented.