EDWARDS 31

Operated by ADVENTURE OPERATING COMPANY, LLC (P-5 8483) in the BOURLAND (SAN ANDRES) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 48245District 08Field 10821500OilCasinghead gasSaveExport
Value, all time
$5.7 M
Sep 2016 – Aug 2019
Value, last 12 filed months
$43 k
at the published price for each month
Months reported
36
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 12 leases and 63 wells, and the rule below applies to all of them.

Discovered
1952-07-16
as the register files it
Field class
Oil
the register's own label
Between wells
467 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 10 acres. The field rule took effect on 2011-01-13.

The Commission's schedule remark for this field reads: AND CORRELATIVE INTERVAL OF 3820'-5210' WERE ADOPTED.

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
OilDisposition105,105 bbl$5,498,999
Casinghead gasProduction57,150 Mcf$177,353
Total$5,676,352

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 31.7020, -102.4787. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.8 miles.

31.70197, -102.47874 · 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%
2 of 2 wells
With a plug date
100.0%
2 of 2 wells
Median depth
4,102 ft
2 wells filed one
Completion to plug
2.1 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
2100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
2100.0%
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 4,076 and 4,127 ft, median 4,102 ft, over the 2 wells that filed a depth.

Completions filed
Sep 2016 – Jun 2017
2 of 2 wells
Plug dates filed
Feb 2019
2 of 2 wells

Last completion to plug: a median of 2.1 years across the 2 wells that filed both dates, with the middle half between 22 months and 2.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-135434801HA4,127 ftJun 2017Feb 2019Yes
42-135434118HA4,076 ftSep 2016Feb 2019Yes

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 (36)

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

36 months

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 201870816559.543.11$42,667
Aug 20181,39269559.403.07$84,816
Jul 20182,1841,05065.142.93$145,344
Jun 20182,3511,19460.183.08$145,157
May 20183,0162,35165.382.90$204,006
Apr 20184,5052,71663.842.90$295,478
Mar 20184,0482,97461.222.79$256,107
Feb 20186,0633,66261.782.77$384,702
Jan 20186,0863,22362.874.01$395,549
Dec 20173,7191,92157.272.92$218,599
Nov 20175,5662,99955.423.12$317,820
Oct 20177,9373,58149.292.98$401,899
Sep 20175,6513,00447.523.09$277,810
Aug 20176,7213,19545.373.00$314,531
Jul 20176,1153,98343.873.09$280,562
Jun 20173,1651,83742.493.09$140,152
May 20173,8042,25745.373.26$179,953
Apr 20174,7352,48847.933.21$234,939
Mar 20174,1912,50246.772.98$203,478
Feb 20175,7582,79250.452.95$298,735
Jan 20177,7553,62649.413.42$395,571
Dec 20165,0582,67348.763.72$256,579
Nov 20164,1972,18542.492.64$184,108
Oct 20163807746.193.09$17,790
Sep 20160041.553.10$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.

Sep 2018 — as filed, then multipliedworked
Oil                  708 bbl  × $ 59.54 =    $42,154
Casinghead gas       165 Mcf  × $  3.11 =       $513

────────────────────────────────────────────────────
Month total                                  $42,667

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/48245 is the state's own key, not one this site invented.