EAGLE FARMS

Operated by WESTERN CHIEF OPERATING, L.L.C. (P-5 911808) in the MONTEATH (ATOKA, UPPER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 251484District 09Field 62580100CondensateGasSave
Value, all time
$544 k
Jul 2009 – Jan 2013
Value, last 12 filed months
$30 k
at the published price for each month
Months reported
43
no gaps in the span
Streams
2
condensate, 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
CondensateDisposition471 bbl$40,255
GasProduction128,147 Mcf$503,817
Total$544,072

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 33.3117, -97.3869. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.31173, -97.38693 · 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
100.0%
1 of 1 wells
Median depth
8,450 ft
1 wells filed one
Completion to plug
3.3 years
median over 1 wells

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
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 8,450 ft.

Completions filed
Jul 2009
1 of 1 wells
Plug dates filed
Oct 2012
1 of 1 wells

Last completion to plug: a median of 3.3 years across the 1 well that filed both dates, with the middle half between 3.3 years and 3.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-1213294318,450 ftJul 2009Oct 2012Yes

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 (43)

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

43 months

Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20125130894.672.92$5,727
Aug 201201,49892.662.91$4,356
Jul 201201,40585.133.02$4,244
Jun 201201,29579.822.52$3,262
May 201201,83091.612.49$4,554
Apr 201201,245101.652.00$2,486
Mar 20120872105.052.22$1,938
Feb 201201,439101.102.57$3,699
Jan 201201,46498.092.73$4,003
Dec 201101,73196.873.24$5,608
Nov 201102,49995.723.31$8,275
Oct 201101,82884.983.65$6,670
Sep 201102,02083.623.99$8,051
Aug 201102,72583.404.15$11,307
Jul 201102,94594.144.52$13,303
Jun 201101,68692.904.64$7,823
May 201102,32998.134.40$10,259
Apr 20111262,495105.964.33$24,162
Mar 201102,98996.364.06$12,127
Feb 201101,39285.644.18$5,819
Jan 201102,49786.504.59$11,458
Dec 201002,98985.734.35$12,995
Nov 201002,73880.843.80$10,392
Oct 201003,14778.103.51$11,042
Sep 201003,43172.633.98$13,654
Aug 201005,77573.684.42$25,522
Jul 201002,63172.554.74$12,462
Jun 201003,62070.364.91$17,776
May 201002,75571.124.24$11,668
Apr 20101582,59681.694.12$23,610
Mar 201004,24178.394.39$18,612
Feb 201003,38073.585.44$18,395
Jan 201002,12274.365.96$12,656
Dec 200906,03271.445.48$33,078
Nov 200906,79274.593.75$25,480
Oct 200906,18872.544.11$25,434
Sep 200907,40765.543.06$22,701
Aug 20091368,92967.423.22$37,907
Jul 2009014,88261.133.46$51,559

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 2012 — as filed, then multipliedworked
Condensate            51 bbl  × $ 94.67 =     $4,828
Gas                  308 Mcf  × $  2.92 =       $899

────────────────────────────────────────────────────
Month total                                   $5,727

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. 09/G/251484 is the state's own key, not one this site invented.