WOODS

Name: WOODS lease production and value, Aug 2013 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by FLAT CREEK RESOURCES, LLC (P-5 271649) in the WOLFBONE (TREND AREA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 46602District 08Field 98359800Hydrogen sulphide fieldOilCasinghead gasSave Export

Value, all time

$15.7 M

Aug 2013 – Aug 2020

Value, last 12 filed months

$911 k

at the published price for each month

Months reported

no gaps in the span

Streams

oil, casinghead gas

The WOLFBONE (TREND AREA) field

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 1,266 leases and 2,377 wells, and the rule below applies to all of them.

Discovered

2010-11-30

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 40 acres. The field rule took effect on 2015-04-08.

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: “DESIGNATED AS UFT FIELD PER DOCKET 01-0299858”

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.

Stream	Basis	Volume	Value
Oil	Disposition	219,718 bbl	$14,087,707
Casinghead gas	Production	525,282 Mcf	$1,647,126
Total			$15,734,834

Wells on this lease (2)

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 31.1582, -103.3797. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.5 miles.

31.15823, -103.37973 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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%

2 of 2 wells

With a plug date

0.0%

0 of 2 wells

Median depth

10,626 ft

2 wells filed one

Completion to plug

—

no well filed both dates

What the state filed about each well

On the RRC proration schedule

2100.0%

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

Between 10,594 and 10,657 ft, median 10,626 ft, over the 2 wells that filed a depth.

Completions filed

Aug 2013 – Oct 2014

2 of 2 wells

2 wells


42-38934154	2H	10,657 ft	Oct 2014	—	Yes
42-38933680	1H	10,594 ft	Aug 2013	—	Yes

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 (85)

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

85 months


Aug 2020	0	0	39.98	2.39	$0
Jul 2020	0	0	38.37	1.83	$0
Jun 2020	0	0	34.90	1.69	$0
May 2020	0	0	16.92	1.81	$0
Apr 2020	2,392	864	14.75	1.80	$36,841
Mar 2020	2,107	6,846	30.34	1.86	$76,634
Feb 2020	1,781	5,843	49.88	1.98	$100,409
Jan 2020	2,307	9,736	57.25	2.09	$152,470
Dec 2019	2,159	9,680	59.01	2.30	$149,709
Nov 2019	3,341	7,393	55.30	2.75	$205,093
Oct 2019	2,105	7,146	53.47	2.42	$129,837
Sep 2019	978	2,246	55.05	2.66	$59,807
Aug 2019	2,289	6,405	53.11	2.30	$136,328
Jul 2019	1,821	2,667	56.27	2.46	$109,029
Jun 2019	2,556	6,046	52.78	2.49	$149,967
May 2019	3,562	3,068	58.48	2.74	$216,713
Apr 2019	3,503	7,293	62.63	2.75	$239,454
Mar 2019	2,079	5,497	56.80	3.06	$134,920
Feb 2019	395	810	50.85	2.79	$22,347
Jan 2019	3,519	582	46.03	3.23	$163,858
Dec 2018	1,476	8,522	46.59	4.19	$104,435
Nov 2018	668	2,322	52.93	4.24	$45,196
Oct 2018	1,569	7,673	61.44	3.40	$122,473
Sep 2018	1,968	8,848	59.54	3.11	$144,674
Aug 2018	2,802	8,571	59.40	3.07	$192,722
Jul 2018	2,787	4,776	65.14	2.93	$195,548
Jun 2018	2,467	4,355	60.18	3.08	$161,864
May 2018	1,711	6,896	65.38	2.90	$131,869
Apr 2018	1,882	6,639	63.84	2.90	$139,405
Mar 2018	1,843	7,592	61.22	2.79	$133,986
Feb 2018	1,845	7,390	61.78	2.77	$134,426
Jan 2018	2,296	5,139	62.87	4.01	$164,953
Dec 2017	2,808	3,766	57.27	2.92	$171,817
Nov 2017	1,507	4,536	55.42	3.12	$97,663
Oct 2017	2,614	5,300	49.29	2.98	$144,658
Sep 2017	2,967	5,097	47.52	3.09	$156,728
Aug 2017	4,085	4,949	45.37	3.00	$200,205
Jul 2017	0	838	43.87	3.09	$2,587
Jun 2017	1,281	2,352	42.49	3.09	$61,691
May 2017	3,715	9,767	45.37	3.26	$200,423
Apr 2017	3,194	19,959	47.93	3.21	$217,189
Mar 2017	3,356	17,666	46.77	2.98	$209,670
Feb 2017	5,181	11,399	50.45	2.95	$295,038
Jan 2017	190	4,387	49.41	3.42	$24,386
Dec 2016	1,326	94	48.76	3.72	$65,006
Nov 2016	2,026	2,502	42.49	2.64	$92,701
Oct 2016	1,676	2,711	46.19	3.09	$85,792
Sep 2016	2,772	1,339	41.55	3.10	$119,328
Aug 2016	3,444	2,313	41.44	2.92	$149,483
Jul 2016	0	1,060	41.62	2.92	$3,100
Jun 2016	0	5	45.35	2.69	$13
May 2016	1,203	4,324	42.52	1.99	$59,761
Apr 2016	2,933	13,970	36.56	1.99	$135,045
Mar 2016	2,933	13,344	33.01	1.79	$120,758
Feb 2016	3,296	11,652	26.47	2.06	$111,291
Jan 2016	3,485	12,208	27.35	2.36	$124,179
Dec 2015	2,440	6,617	32.36	2.00	$92,202
Nov 2015	2,949	8,940	38.79	2.17	$133,768
Oct 2015	4,261	5,379	43.55	2.43	$198,619
Sep 2015	4,454	5,274	42.99	2.76	$206,025
Aug 2015	0	0	40.16	2.87	$0
Jul 2015	0	0	48.15	2.95	$0
Jun 2015	345	1	56.15	2.88	$19,375
May 2015	2,987	12,928	55.21	2.96	$203,120
Apr 2015	2,083	11,664	49.82	2.71	$135,344
Mar 2015	2,991	13,866	42.89	2.93	$168,977
Feb 2015	2,762	10,590	44.66	2.98	$154,869
Jan 2015	2,121	8,595	43.43	3.10	$118,765
Dec 2014	2,554	16,031	54.69	3.59	$197,251
Nov 2014	3,107	14,481	70.46	4.25	$280,490
Oct 2014	2,996	8,559	78.30	3.90	$267,975
Sep 2014	3,011	3,540	86.16	4.05	$273,749
Aug 2014	2,832	2,758	89.39	4.04	$264,281
Jul 2014	3,505	5,969	96.56	4.18	$363,391
Jun 2014	1,541	3,422	98.16	4.74	$167,474
May 2014	3,477	8,148	94.73	4.73	$367,888
Apr 2014	3,826	7,597	95.94	4.81	$403,601
Mar 2014	2,958	10,746	95.89	5.06	$337,983
Feb 2014	5,327	11,996	97.40	6.19	$593,129
Jan 2014	2,951	2,357	90.40	4.86	$278,227
Dec 2013	3,477	3,007	91.82	4.35	$332,352
Nov 2013	4,925	5,278	88.85	3.74	$457,317
Oct 2013	7,450	7,088	97.42	3.78	$752,567
Sep 2013	9,255	6,424	104.11	3.72	$987,421
Aug 2013	12,933	7,644	104.25	3.52	$1,375,192

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.

Apr 2020 — as filed, then multipliedworked

Oil                2,392 bbl  × $ 14.75 =    $35,282
Casinghead gas       864 Mcf  × $  1.80 =     $1,559

────────────────────────────────────────────────────
Month total                                  $36,841

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/46602 is the state's own key, not one this site invented.