EMBAR -B-

Operated by CONOCOPHILLIPS COMPANY (P-5 172232) in the GOLDSMITH (5600) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 8769District 08Field 35652868OilCasinghead gasSave
Value, all time
$5.3 M
Jan 1993 – Oct 2007
Value, last 12 filed months
$0
at the published price for each month
Months reported
178
no gaps in the span
Streams
2
oil, casinghead gas

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
OilDisposition56,141 bbl$1,369,035
Casinghead gasProduction1,433,175 Mcf$3,942,129
Total$5,311,164

561,907 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Wells on this lease (23)

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 32.1043, -102.7074. A lease has no coordinate of its own — that point is the mean of its wells, and they span 2.0 miles.

32.10362, -102.70437 · 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%
23 of 23 wells
With a plug date
43.5%
10 of 23 wells
Median depth
6,290 ft
21 wells filed one
Completion to plug
28.4 years
median over 8 wells

What the state filed about each well

On the RRC proration schedule
23100.0%
A plug date is filed
1043.5%
BothOn the schedule and plugged. Neither fact cancels the other.
1043.5%
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

0k
2k
4k
6k
8k
10k
12k
15k
20k+

Total depth in feet, 21 of 23 wells. Median 6,290 ft, with the middle half between 5,960 and 6,350 ft; the shallowest is 5,920 ft and the deepest 9,312 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

40s
50s
60s
70s
80s
90s
00s
10s

Last completion by decade, 19 of 23 wells, Sep 1943 – Nov 2015. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Sep 1943 – Nov 2015
19 of 23 wells; 4 filed none
Plug dates filed
Oct 1982 – Jun 2026
10 of 23 wells; 13 filed none

Last completion to plug: a median of 28.4 years across the 8 wells that filed both dates, with the middle half between 22.7 years and 43.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

23 wells

42-0030451618 U6,290 ftYes
42-0030451719 UYes
42-00304522245,920 ftDec 2018Yes
42-00304525275,930 ftNov 2015Yes
42-0030451517 U6,300 ftNov 2015Yes
42-0030451416 U6,300 ftNov 2015Yes
42-0030451921 U6,520 ftJun 2011Yes
42-00304520225,960 ftNov 1998Yes
42-0030450785,925 ftOct 1998Jun 2026Yes
42-0030450899,312 ftApr 1998Yes
42-00332408426,500 ftApr 1998Yes
42-0030451820 U8,333 ftMar 1998Yes
42-00304523255,930 ftAug 1997Apr 2013Yes
42-0030459628 T6,030 ftJun 1997Apr 2013Yes
42-00304524265,930 ftApr 1997Jun 2026Yes
42-0030450910 C6,300 ftFeb 1994Jan 2019Yes
42-0030450676,014 ftAug 1991Yes
42-00330896406,350 ftMar 1976Aug 2017Yes
42-00304521235,960 ftNov 1960Mar 2010Yes
42-0030451214 U6,500 ftDec 1958Yes
42-0030451113 UJan 1957Yes
42-003045011 C6,242 ftSep 1943Aug 2011Yes
42-0030451315 U6,310 ft1903Oct 1982Yes

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 (178)

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

178 months

Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20064854,17754.906.01$51,746
Sep 20062437,42760.085.04$52,011
Aug 20062598,22468.717.34$78,159
Jul 2006194069.376.34$13,458
Jun 20061438,51266.286.38$63,818
May 20062137,46266.016.42$62,003
Apr 20062508,27664.397.36$77,013
Mar 20063248,19856.707.08$76,437
Feb 20062746,96957.597.75$69,797
Jan 20062874,22060.598.93$55,088
Dec 20051944,75454.9413.42$74,435
Nov 20052303,02154.6910.59$44,566
Oct 20052221,82258.3413.80$38,087
Sep 20054015,83161.4512.08$95,074
Aug 20053929,97161.519.80$121,796
Jul 20052038,26355.697.84$76,117
Jun 20051116,01452.337.38$50,198
May 20052206,81545.226.65$55,276
Apr 20052897,52649.207.36$69,614
Mar 20052728,75050.377.15$76,306
Feb 20052067,70345.226.31$57,936
Jan 20052568,22943.166.32$63,074
Dec 20042287,59239.866.75$60,342
Nov 20043568,64645.286.33$70,852
Oct 20043868,81849.706.52$76,634
Sep 20043498,69243.245.28$61,018
Aug 20044229,06442.375.55$68,191
Jul 20045648,05338.286.08$70,586
Jun 20045717,84636.106.43$71,087
May 20043528,95637.486.49$71,358
Apr 20043248,44934.475.86$60,666
Mar 20044299,45334.365.53$67,017
Feb 200407,02832.455.51$38,722
Jan 20044357,54732.036.30$61,476
Dec 200307,58430.266.30$47,792
Nov 20033107,55128.804.60$43,626
Oct 2003115028.174.76$3,240
Sep 20033448,46026.314.75$49,230
Aug 2003709,08529.765.13$48,687
Jul 2003719,09429.415.17$49,112
Jun 20033718,48028.565.98$61,331
May 2003748,98326.595.97$55,620
Apr 20034017,14826.675.41$49,346
Mar 200307,04131.146.10$42,922
Feb 200306,26033.487.93$49,616
Jan 20034184,19130.315.58$36,064
Dec 200204,93226.914.85$23,939
Nov 20023985,07224.664.14$30,797
Oct 200205,33826.464.23$22,575
Sep 20023557,78227.443.64$38,030
Aug 200209,28225.963.16$29,370
Jul 20023588,20924.583.06$33,934
Jun 20023516,23123.733.34$29,130
May 200213011,00024.663.58$42,630
Apr 200248011,94723.653.51$53,314
Mar 200237010,32722.003.10$40,182
Feb 200215411,77618.222.38$30,782
Jan 200254912,66817.172.38$39,521
Dec 200151211,78216.932.36$36,526
Nov 200150110,74018.072.41$34,888
Oct 200143511,94119.782.53$38,802
Sep 20014089,48824.262.25$31,259
Aug 2001149,12424.873.05$28,205
Jul 20014827,76523.933.20$36,360
Jun 2001866,99624.563.82$28,866
May 20011277,69325.524.31$36,377
Apr 20015358,63924.685.34$59,296
Mar 20011178,09324.545.38$46,383
Feb 20011654,86627.755.77$32,641
Jan 20014587,97227.478.40$79,536
Dec 20002018,34126.889.12$81,494
Nov 200030010,86532.215.66$71,137
Oct 20002089,29431.235.15$54,318
Sep 20004398,50231.875.19$58,087
Aug 2000889,85129.644.54$47,339
Jul 20003939,63828.534.09$50,629
Jun 20003028,15929.304.40$44,726
May 20002126,69927.263.68$30,430
Apr 20003167,84024.513.12$32,175
Mar 200027010,75028.422.86$38,416
Feb 200014810,06627.622.73$31,533
Jan 200041010,01625.272.48$35,205
Dec 199951010,90924.282.42$38,823
Nov 199912810,13323.192.43$27,632
Oct 19991288,19120.982.80$25,651
Sep 199953110,01321.752.62$37,772
Aug 199910310,22619.262.88$31,390
Jul 199963110,72417.892.37$36,730
Jun 19992010,71315.942.36$25,624
May 19993658,62215.792.32$25,775
Apr 19994447,25915.102.21$22,733
Mar 1999195,12812.471.84$9,664
Feb 1999616,0749.981.82$11,650
Jan 19994697,27710.381.90$18,694
Dec 1998456,4039.201.77$11,769
Nov 19984781,74110.892.19$9,011
Oct 1998551,90712.421.97$4,438
Sep 19984861,73912.592.08$9,740
Aug 1998401,52211.301.91$3,355
Jul 1998641,89711.742.24$4,995
Jun 1998751,44811.242.24$4,083
May 19982032,02012.622.21$7,019
Apr 1998342,58213.042.51$6,912
Mar 19982925,46312.802.31$16,354
Feb 1998285,68913.952.30$13,470
Jan 19982858,87814.702.15$23,320
Dec 19972564,78816.322.41$15,722
Nov 19974076,01718.193.09$25,985
Oct 19972771,99619.253.15$11,619
Sep 199712,72817.742.95$8,079
Aug 19974924,88617.862.55$21,270
Jul 19972779,02817.582.25$25,155
Jun 19972567,65417.242.26$21,690
May 19975518,69818.972.31$30,532
Apr 19971707,95317.882.08$19,604
Mar 19973918,20418.951.94$23,318
Feb 19971707,13520.492.21$19,222
Jan 19973279,75423.483.54$42,204
Dec 19965929,47423.32$13,805
Nov 199622610,80821.97$4,965
Oct 19965939,67823.31$13,823
Sep 19962397,62222.22$5,311
Aug 1996876,93520.26$1,763
Jul 19965997,50019.55$11,710
Jun 19962618,32718.73$4,889
May 19962619,64119.43$5,071
Apr 199679012,66021.51$16,993
Mar 199628814,49819.38$5,581
Feb 19966029,53616.98$10,222
Jan 199627811,34417.07$4,745
Dec 199541514,06817.19$7,134
Nov 199592315,07416.00$14,768
Oct 199523612,31315.43$3,641
Sep 199547312,35316.18$7,653
Aug 199514114,01415.92$2,245
Jul 199553914,33215.24$8,214
Jun 1995839,46816.41$1,362
May 19955438,41417.56$9,535
Apr 199523213,99717.73$4,113
Mar 199582812,69116.44$13,612
Feb 19958039,71516.58$13,314
Jan 199528410,85415.92$4,521
Dec 199469113,81815.03$10,386
Nov 199444513,84015.90$7,076
Oct 199475215,93515.58$11,716
Sep 199443615,07915.29$6,666
Aug 199481416,47316.13$13,130
Jul 199466717,36117.56$11,713
Jun 199458017,93717.09$9,912
May 19947286,05515.88$11,561
Apr 199475616,58914.14$10,690
Mar 19941,30516,72612.46$16,260
Feb 199494414,00112.50$11,800
Jan 19941,25814,93112.66$15,926
Dec 199325610,92712.33$3,156
Nov 199352710,01414.49$7,636
Oct 199357112,58515.85$9,050
Sep 19932564,43715.03$3,848
Aug 19935054,44915.66$7,908
Jul 19933993,96415.46$6,169
Jun 19931144,27916.79$1,914
May 199337414,79417.68$6,612
Apr 199346011,95318.05$8,303
Mar 199346813,67718.14$8,490
Feb 199330412,13017.90$5,442
Jan 199361614,63716.93$10,429

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.

Oct 2006 — as filed, then multipliedworked
Oil                  485 bbl  × $ 54.90 =    $26,627
Casinghead gas     4,177 Mcf  × $  6.01 =    $25,120

────────────────────────────────────────────────────
Month total                                  $51,746

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/8769 is the state's own key, not one this site invented.