RICH, OLIVIA -A-

Operated by DEVON ENERGY OPERATING CO., L.P. (P-5 216730) in the J. R. CLAYTON RANCH (CADDO) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 18298District 09Field 45176500OilCasinghead gasSaveExport
Value, all time
$558 k
Jan 1993 – Jul 2002
Value, last 12 filed months
$9 k
at the published price for each month
Months reported
115
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 11 leases and 29 wells, and the rule below applies to all of them.

Discovered
1971-03-22
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.

StreamBasisVolumeValue
OilDisposition30,774 bbl$523,376
Casinghead gasProduction35,906 Mcf$34,276
Total$557,652

24,586 Mcf of this lease's gas, across 46 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 (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 33.2928, -98.3052. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.29278, -98.30521 · 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
5,100 ft
1 wells filed one
Completion to plug
25.3 years
median over 1 well

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 5,100 ft.

Completions filed
Jan 1977
1 of 1 wells
Plug dates filed
May 2002
1 of 1 wells

Last completion to plug: a median of 25.3 years across the 1 well that filed both dates, with the middle half between 25.3 years and 25.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2373133915,100 ftJan 1977May 2002Yes

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 (115)

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

115 months

Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 2002124024.663.58$3,058
Apr 20021023.653.51$24
Mar 2002018622.003.10$577
Feb 2002016218.222.38$385
Jan 200216518517.172.38$3,273
Dec 2001018116.932.36$428
Nov 2001018018.072.41$433
Oct 2001018219.782.53$460
Sep 2001017324.262.25$389
Aug 2001013224.873.05$403
Jul 2001015123.933.20$483
Jun 2001017924.563.82$685
May 200116817525.524.31$5,041
Apr 2001017324.685.34$923
Mar 2001017424.545.38$936
Feb 2001015027.755.77$865
Jan 2001018627.478.40$1,562
Dec 200016716626.889.12$6,003
Nov 200009732.215.66$549
Oct 2000017331.235.15$890
Sep 2000017431.875.19$902
Aug 2000018129.644.54$822
Jul 2000013128.534.09$536
Jun 200017117429.304.40$5,775
May 2000016527.263.68$607
Apr 2000017524.513.12$545
Mar 2000018028.422.86$515
Feb 200017115627.622.73$5,148
Jan 200016518525.272.48$4,628
Dec 199916518024.282.42$4,442
Nov 1999017423.192.43$424
Oct 199930118020.982.80$6,820
Sep 199917317221.752.62$4,213
Aug 199917116119.262.88$3,756
Jul 199934218017.892.37$6,545
Jun 199934418015.942.36$5,909
May 199934616215.792.32$5,839
Apr 199969417415.102.21$10,864
Mar 199917718012.471.84$2,538
Feb 19993311569.981.82$3,587
Jan 199917518610.381.90$2,170
Dec 19981721869.201.77$1,912
Nov 199817918010.892.19$2,343
Oct 1998018612.421.97$366
Sep 199816922512.592.08$2,596
Aug 199816223311.301.91$2,275
Jul 199817223311.742.24$2,541
Jun 199817122511.242.24$2,425
May 199817923312.622.21$2,773
Apr 199817922513.042.51$2,898
Mar 1998023312.802.31$538
Feb 19981653013.952.30$2,371
Jan 199817216514.702.15$2,884
Dec 199717622516.322.41$3,415
Nov 199736622018.193.09$7,337
Oct 1997022519.253.15$709
Sep 199734421017.742.95$6,723
Aug 199717022517.862.55$3,611
Jul 199717313517.582.25$3,345
Jun 1997175817.242.26$3,035
May 199735023318.972.31$7,177
Apr 199734222517.882.08$6,584
Mar 199731723318.951.94$6,459
Feb 199752521020.492.21$11,220
Jan 199735120623.483.54$8,971
Dec 199653223323.32$12,406
Nov 199636522521.97$8,019
Oct 199635423323.31$8,252
Sep 199653822522.22$11,954
Aug 199653723320.26$10,880
Jul 199635723319.55$6,979
Jun 199652822518.73$9,889
May 199617324119.43$3,361
Apr 199652124021.51$11,207
Mar 199652024719.38$10,078
Feb 199635422816.98$6,011
Jan 199651624817.07$8,808
Dec 199517814917.19$3,060
Nov 199551713216.00$8,272
Oct 199534924815.43$5,385
Sep 199535624016.18$5,760
Aug 199533921715.92$5,397
Jul 199551421615.24$7,833
Jun 199534524016.41$5,661
May 199569124417.56$12,134
Apr 199534324017.73$6,081
Mar 199552024816.44$8,549
Feb 199534622416.58$5,737
Jan 199550224815.92$7,992
Dec 199435022515.03$5,261
Nov 199466224015.90$10,526
Oct 199436199215.58$5,624
Sep 199452096015.29$7,951
Aug 199434599216.13$5,565
Jul 199464799217.56$11,361
Jun 199435595417.09$6,067
May 199450497815.88$8,004
Apr 199466296014.14$9,361
Mar 199451289012.46$6,380
Feb 199450074512.50$6,250
Jan 199464799212.66$8,191
Dec 199352899212.33$6,510
Nov 199369996014.49$10,129
Oct 199349098615.85$7,767
Sep 199368196015.03$10,235
Aug 199364999215.66$10,163
Jul 199348399215.46$7,467
Jun 199316654316.79$2,787
May 19939017.68$159
Apr 19930018.05$0
Mar 199333389618.14$6,041
Feb 199350289617.90$8,986
Jan 199351499216.93$8,702

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.

May 2002 — as filed, then multipliedworked
Oil                  124 bbl  × $ 24.66 =     $3,058
Casinghead gas         0 Mcf  × $  3.58 =         $0

────────────────────────────────────────────────────
Month total                                   $3,058

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/18298 is the state's own key, not one this site invented.