EDWARDS HEIRS

Name: EDWARDS HEIRS lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by BRIDWELL OIL CO. (P-5 92480) in the HEARD, S. (ELLENBURGER -C-) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 14424District 09Field 40018666OilCasinghead gasSave Export

Value, all time

$130 k

Jan 1993 – Oct 2004

Value, last 12 filed months

at the published price for each month

Months reported

142

no gaps in the span

Streams

oil, casinghead gas

The HEARD, S. (ELLENBURGER -C-) 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 7 leases and 10 wells, and the rule below applies to all of them.

Discovered

1964-10-05

as the register files it

Field class

Oil

the register's own label

Between wells

1,320 ft

minimum

From a lease line

660 ft

minimum

A drilling unit in this field needs at least 80 acres.

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	6,353 bbl	$121,696
Casinghead gas	Production	15,438 Mcf	$8,686
Total			$130,383

12,883 Mcf of this lease's gas, across 44 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 (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 33.5130, -98.1700. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.5 miles.

33.51296, -98.17000 · 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

100.0%

2 of 2 wells

Median depth

6,494 ft

2 wells filed one

Completion to plug

25.9 years

median over 1 well

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 6,487 and 6,500 ft, median 6,494 ft, over the 2 wells that filed a depth.

Completions filed

Oct 1977

1 of 2 wells; 1 filed none

Plug dates filed

Sep 2003

2 of 2 wells

Last completion to plug: a median of 25.9 years across the 1 well that filed both dates, with the middle half between 25.9 years and 25.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells


42-07700680	2	6,500 ft	—	Sep 2003	Yes
42-07700679	1	6,487 ft	Oct 1977	Sep 2003	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 (142)

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

142 months


Oct 2004	0	0	49.70	6.52	$0
Sep 2004	0	0	43.24	5.28	$0
Aug 2004	0	0	42.37	5.55	$0
Jul 2004	0	0	38.28	6.08	$0
Jun 2004	0	0	36.10	6.43	$0
May 2004	0	0	37.48	6.49	$0
Apr 2004	0	0	34.47	5.86	$0
Mar 2004	0	0	34.36	5.53	$0
Feb 2004	0	0	32.45	5.51	$0
Jan 2004	0	0	32.03	6.30	$0
Dec 2003	0	0	30.26	6.30	$0
Nov 2003	0	0	28.80	4.60	$0
Oct 2003	0	0	28.17	4.76	$0
Sep 2003	0	0	26.31	4.75	$0
Aug 2003	0	0	29.76	5.13	$0
Jul 2003	144	0	29.41	5.17	$4,235
Jun 2003	0	17	28.56	5.98	$102
May 2003	0	73	26.59	5.97	$436
Apr 2003	0	62	26.67	5.41	$335
Mar 2003	168	99	31.14	6.10	$5,835
Feb 2003	0	25	33.48	7.93	$198
Jan 2003	0	33	30.31	5.58	$184
Dec 2002	49	77	26.91	4.85	$1,692
Nov 2002	161	16	24.66	4.14	$4,036
Oct 2002	0	62	26.46	4.23	$262
Sep 2002	0	44	27.44	3.64	$160
Aug 2002	159	40	25.96	3.16	$4,254
Jul 2002	0	78	24.58	3.06	$239
Jun 2002	0	99	23.73	3.34	$330
May 2002	169	66	24.66	3.58	$4,404
Apr 2002	0	58	23.65	3.51	$204
Mar 2002	0	77	22.00	3.10	$239
Feb 2002	171	57	18.22	2.38	$3,251
Jan 2002	0	74	17.17	2.38	$176
Dec 2001	0	34	16.93	2.36	$80
Nov 2001	167	14	18.07	2.41	$3,051
Oct 2001	0	0	19.78	2.53	$0
Sep 2001	0	0	24.26	2.25	$0
Aug 2001	153	0	24.87	3.05	$3,805
Jul 2001	0	0	23.93	3.20	$0
Jun 2001	0	0	24.56	3.82	$0
May 2001	129	0	25.52	4.31	$3,292
Apr 2001	0	0	24.68	5.34	$0
Mar 2001	0	0	24.54	5.38	$0
Feb 2001	146	0	27.75	5.77	$4,052
Jan 2001	0	0	27.47	8.40	$0
Dec 2000	0	0	26.88	9.12	$0
Nov 2000	121	0	32.21	5.66	$3,897
Oct 2000	0	2	31.23	5.15	$10
Sep 2000	0	47	31.87	5.19	$244
Aug 2000	0	65	29.64	4.54	$295
Jul 2000	153	64	28.53	4.09	$4,627
Jun 2000	0	59	29.30	4.40	$259
May 2000	0	65	27.26	3.68	$239
Apr 2000	166	66	24.51	3.12	$4,274
Mar 2000	0	68	28.42	2.86	$194
Feb 2000	0	44	27.62	2.73	$120
Jan 2000	0	21	25.27	2.48	$52
Dec 1999	0	40	24.28	2.42	$97
Nov 1999	167	54	23.19	2.43	$4,004
Oct 1999	0	62	20.98	2.80	$174
Sep 1999	0	65	21.75	2.62	$170
Aug 1999	0	96	19.26	2.88	$276
Jul 1999	167	86	17.89	2.37	$3,192
Jun 1999	0	0	15.94	2.36	$0
May 1999	0	43	15.79	2.32	$100
Apr 1999	143	81	15.10	2.21	$2,338
Mar 1999	163	31	12.47	1.84	$2,090
Feb 1999	0	56	9.98	1.82	$102
Jan 1999	163	8	10.38	1.90	$1,707
Dec 1998	0	0	9.20	1.77	$0
Nov 1998	76	0	10.89	2.19	$828
Oct 1998	0	0	12.42	1.97	$0
Sep 1998	0	0	12.59	2.08	$0
Aug 1998	0	0	11.30	1.91	$0
Jul 1998	0	0	11.74	2.24	$0
Jun 1998	0	0	11.24	2.24	$0
May 1998	178	9	12.62	2.21	$2,266
Apr 1998	0	20	13.04	2.51	$50
Mar 1998	161	39	12.80	2.31	$2,151
Feb 1998	0	45	13.95	2.30	$103
Jan 1998	0	0	14.70	2.15	$0
Dec 1997	130	0	16.32	2.41	$2,122
Nov 1997	0	0	18.19	3.09	$0
Oct 1997	0	0	19.25	3.15	$0
Sep 1997	167	0	17.74	2.95	$2,963
Aug 1997	0	0	17.86	2.55	$0
Jul 1997	161	20	17.58	2.25	$2,875
Jun 1997	0	53	17.24	2.26	$120
May 1997	0	97	18.97	2.31	$224
Apr 1997	157	0	17.88	2.08	$2,807
Mar 1997	146	16	18.95	1.94	$2,798
Feb 1997	0	3	20.49	2.21	$7
Jan 1997	0	25	23.48	3.54	$88
Dec 1996	0	0	23.32	—	$0
Nov 1996	0	0	21.97	—	$0
Oct 1996	0	0	23.31	—	$0
Sep 1996	0	6	22.22	—	$0
Aug 1996	0	253	20.26	—	$0
Jul 1996	0	344	19.55	—	$0
Jun 1996	164	248	18.73	—	$3,072
May 1996	0	257	19.43	—	$0
Apr 1996	0	257	21.51	—	$0
Mar 1996	169	283	19.38	—	$3,275
Feb 1996	0	198	16.98	—	$0
Jan 1996	0	282	17.07	—	$0
Dec 1995	144	287	17.19	—	$2,475
Nov 1995	0	240	16.00	—	$0
Oct 1995	162	252	15.43	—	$2,500
Sep 1995	0	243	16.18	—	$0
Aug 1995	0	231	15.92	—	$0
Jul 1995	164	255	15.24	—	$2,499
Jun 1995	0	275	16.41	—	$0
May 1995	0	314	17.56	—	$0
Apr 1995	161	274	17.73	—	$2,855
Mar 1995	0	266	16.44	—	$0
Feb 1995	0	265	16.58	—	$0
Jan 1995	170	297	15.92	—	$2,706
Dec 1994	0	215	15.03	—	$0
Nov 1994	0	252	15.90	—	$0
Oct 1994	175	0	15.58	—	$2,727
Sep 1994	0	401	15.29	—	$0
Aug 1994	0	359	16.13	—	$0
Jul 1994	0	369	17.56	—	$0
Jun 1994	167	379	17.09	—	$2,854
May 1994	0	397	15.88	—	$0
Apr 1994	0	402	14.14	—	$0
Mar 1994	166	404	12.46	—	$2,068
Feb 1994	0	381	12.50	—	$0
Jan 1994	0	396	12.66	—	$0
Dec 1993	170	278	12.33	—	$2,096
Nov 1993	0	405	14.49	—	$0
Oct 1993	0	396	15.85	—	$0
Sep 1993	168	371	15.03	—	$2,525
Aug 1993	0	397	15.66	—	$0
Jul 1993	0	277	15.46	—	$0
Jun 1993	0	331	16.79	—	$0
May 1993	169	332	17.68	—	$2,988
Apr 1993	0	298	18.05	—	$0
Mar 1993	0	256	18.14	—	$0
Feb 1993	169	150	17.90	—	$3,025
Jan 1993	0	110	16.93	—	$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.

Jul 2003 — as filed, then multipliedworked

Oil                  144 bbl  × $ 29.41 =     $4,235
Casinghead gas         0 Mcf  × $  5.17 =         $0

────────────────────────────────────────────────────
Month total                                   $4,235

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/O/14424 is the state's own key, not one this site invented.