CRAFT, J. D. ET AL

Operated by PURSLEY, JOHN (P-5 683191) in the WISE COUNTY REGULAR field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 19970District 09Field 98246001NGPA filingOilCasinghead gasSaveExport
Value, all time
$496 k
Jan 1993 – Nov 2012
Value, last 12 filed months
$17 k
at the published price for each month
Months reported
239
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 137 leases and 150 wells, and the rule below applies to all of them.

Discovered
1947-12-11
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: TRANS. FROM DIST. 7-B 4/49

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
OilDisposition4,872 bbl$154,446
Casinghead gasProduction80,788 Mcf$341,151
Total$495,597

17,175 Mcf of this lease's gas, across 45 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 33.3947, -97.8789. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.39474, -97.87886 · 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
5,979 ft
1 wells filed one
Completion to plug
32.3 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 5,979 ft.

Completions filed
Mar 1980
1 of 1 wells
Plug dates filed
Jul 2012
1 of 1 wells

Last completion to plug: a median of 32.3 years across the 1 well that filed both dates, with the middle half between 32.3 years and 32.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4973163415,979 ftMar 1980Jul 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 (239)

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

239 months

Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 2012173094.672.92$16,378
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 2012016101.652.00$32
Mar 2012012105.052.22$27
Feb 2012013101.102.57$33
Jan 201201998.092.73$52
Dec 201101796.873.24$55
Nov 201101795.723.31$56
Oct 201101684.983.65$58
Sep 201101583.623.99$60
Aug 201101783.404.15$71
Jul 201101494.144.52$63
Jun 201101992.904.64$88
May 20110098.134.40$0
Apr 2011016105.964.33$69
Mar 201101396.364.06$53
Feb 20110785.644.18$29
Jan 201101186.504.59$50
Dec 20100885.734.35$35
Nov 20100980.843.80$34
Oct 20100978.103.51$32
Sep 20100872.633.98$32
Aug 20100873.684.42$35
Jul 20100672.554.74$28
Jun 20100770.364.91$34
May 20100671.124.24$25
Apr 201001881.694.12$74
Mar 201004678.394.39$202
Feb 201003173.585.44$169
Jan 201002974.365.96$173
Dec 200902771.445.48$148
Nov 200902274.593.75$83
Oct 200902272.544.11$90
Sep 200906965.543.06$211
Aug 200902167.423.22$68
Jul 200902061.133.46$69
Jun 200902666.163.90$101
May 20090854.743.93$31
Apr 20090646.773.59$22
Mar 20090642.144.06$24
Feb 20090032.814.63$0
Jan 20090735.865.37$38
Dec 200801137.105.98$66
Nov 200816622055.496.86$10,721
Oct 2008038575.246.92$2,665
Sep 20080417101.767.88$3,285
Aug 20080497114.228.48$4,216
Jul 20080523131.0811.39$5,957
Jun 20080514131.3313.03$6,699
May 20080495123.1711.57$5,729
Apr 20080450110.3110.45$4,705
Mar 2008176329101.909.66$21,114
Feb 2008032492.538.77$2,842
Jan 2008021890.388.21$1,789
Dec 2007019988.337.30$1,453
Nov 200704191.677.29$299
Oct 2007051082.856.92$3,530
Sep 2007065075.846.24$4,059
Aug 2007076269.066.39$4,868
Jul 2007075070.906.39$4,791
Jun 20071619462.007.55$10,692
May 2007069158.747.85$5,422
Apr 2007069359.617.81$5,409
Mar 2007073956.927.30$5,396
Feb 2007068055.108.22$5,587
Jan 2007073250.306.73$4,924
Dec 2006069756.656.92$4,822
Nov 20061631,79754.207.62$22,523
Oct 200601,47454.906.01$8,864
Sep 200601,03760.085.04$5,224
Aug 2006077568.717.34$5,688
Jul 2006071969.376.34$4,560
Jun 2006053966.286.38$3,441
May 2006021866.016.42$1,401
Apr 2006015664.397.36$1,148
Mar 2006014956.707.08$1,055
Feb 2006011457.597.75$884
Jan 2006017160.598.93$1,528
Dec 2005038154.9413.42$5,111
Nov 2005040654.6910.59$4,299
Oct 200508858.3413.80$1,214
Sep 200504461.4512.08$531
Aug 200502661.519.80$255
Jul 200504155.697.84$322
Jun 200506352.337.38$465
May 2005040945.226.65$2,720
Apr 200517854349.207.36$12,754
Mar 2005057750.377.15$4,128
Feb 2005055645.226.31$3,509
Jan 2005044543.166.32$2,813
Dec 2004060039.866.75$4,051
Nov 2004058145.286.33$3,678
Oct 2004050349.706.52$3,277
Sep 200417651343.245.28$10,321
Aug 2004055042.375.55$3,053
Jul 2004059338.286.08$3,608
Jun 2004041436.106.43$2,663
May 2004056737.486.49$3,682
Apr 2004047934.475.86$2,806
Mar 2004051934.365.53$2,870
Feb 200417345132.455.51$8,099
Jan 2004060032.036.30$3,780
Dec 2003055730.266.30$3,510
Nov 2003058428.804.60$2,684
Oct 2003057328.174.76$2,727
Sep 2003051826.314.75$2,460
Aug 200318059629.765.13$8,414
Jul 2003068029.415.17$3,516
Jun 2003062728.565.98$3,751
May 2003058226.595.97$3,476
Apr 2003060826.675.41$3,288
Mar 200317852731.146.10$8,756
Feb 2003040333.487.93$3,194
Jan 2003056730.315.58$3,165
Dec 2002063426.914.85$3,077
Nov 2002059024.664.14$2,441
Oct 2002064526.464.23$2,728
Sep 2002070227.443.64$2,552
Aug 2002066625.963.16$2,107
Jul 200212869624.583.06$5,277
Jun 2002057823.733.34$1,930
May 2002013624.663.58$487
Apr 200204323.653.51$151
Mar 2002036222.003.10$1,123
Feb 200217143518.222.38$4,149
Jan 2002049217.172.38$1,169
Dec 2001052516.932.36$1,241
Nov 200117156718.072.41$4,454
Oct 2001022819.782.53$577
Sep 200107424.262.25$167
Aug 2001047224.873.05$1,441
Jul 2001053323.933.20$1,704
Jun 2001057624.563.82$2,203
May 2001059325.524.31$2,554
Apr 2001055424.685.34$2,956
Mar 200116957924.545.38$7,260
Feb 2001056427.755.77$3,253
Jan 2001038027.478.40$3,192
Dec 2000048826.889.12$4,452
Nov 2000052132.215.66$2,948
Oct 2000029531.235.15$1,518
Sep 2000011831.875.19$612
Aug 200006229.644.54$282
Jul 200017022828.534.09$5,783
Jun 2000033929.304.40$1,491
May 2000055027.263.68$2,024
Apr 2000045924.513.12$1,430
Mar 2000072328.422.86$2,068
Feb 200014833527.622.73$5,001
Jan 2000030525.272.48$757
Dec 1999038824.282.42$940
Nov 1999041523.192.43$1,010
Oct 1999035220.982.80$987
Sep 1999032121.752.62$841
Aug 1999050919.262.88$1,464
Jul 199914925717.892.37$3,275
Jun 19990215.942.36$5
May 19990015.792.32$0
Apr 1999026615.102.21$587
Mar 199915742112.471.84$2,732
Feb 199903679.981.82$667
Jan 1999018510.381.90$351
Dec 19981413089.201.77$1,843
Nov 1998029510.892.19$645
Oct 1998037612.421.97$740
Sep 1998022512.592.08$469
Aug 1998033811.301.91$645
Jul 1998034511.742.24$772
Jun 1998032111.242.24$718
May 199814943512.622.21$2,840
Apr 1998020113.042.51$504
Mar 1998020812.802.31$480
Feb 1998033313.952.30$766
Jan 1998038414.702.15$827
Dec 1997026316.322.41$634
Nov 1997047718.193.09$1,473
Oct 1997027119.253.15$854
Sep 1997034017.742.95$1,005
Aug 1997038217.862.55$976
Jul 199715962117.582.25$4,191
Jun 1997019917.242.26$449
May 1997033518.972.31$773
Apr 1997028017.882.08$583
Mar 1997030918.951.94$599
Feb 1997026520.492.21$585
Jan 199716639023.483.54$5,278
Dec 1996027423.32$0
Nov 1996032921.97$0
Oct 199614939223.31$3,473
Sep 1996018922.22$0
Aug 1996036620.26$0
Jul 1996038519.55$0
Jun 1996040418.73$0
May 1996083019.43$0
Apr 1996038621.51$0
Mar 199616635419.38$3,217
Feb 1996023616.98$0
Jan 1996018417.07$0
Dec 1995040017.19$0
Nov 1995041316.00$0
Oct 1995036015.43$0
Sep 1995029516.18$0
Aug 199517045115.92$2,706
Jul 1995047615.24$0
Jun 1995030516.41$0
May 199515931817.56$2,792
Apr 1995039617.73$0
Mar 1995025416.44$0
Feb 1995039816.58$0
Jan 1995044015.92$0
Dec 199415146215.03$2,270
Nov 1994038915.90$0
Oct 1994043615.58$0
Sep 1994054915.29$0
Aug 1994040316.13$0
Jul 1994043917.56$0
Jun 199415250617.09$2,598
May 1994043115.88$0
Apr 1994021814.14$0
Mar 19940012.46$0
Feb 19940012.50$0
Jan 19940012.66$0
Dec 1993026712.33$0
Nov 1993040614.49$0
Oct 1993042515.85$0
Sep 1993039215.03$0
Aug 1993025915.66$0
Jul 199315743915.46$2,427
Jun 1993043516.79$0
May 1993036317.68$0
Apr 1993031818.05$0
Mar 1993039618.14$0
Feb 1993031317.90$0
Jan 199316649416.93$2,810

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
Oil                  173 bbl  × $ 94.67 =    $16,378
Casinghead gas         0 Mcf  × $  2.92 =         $0

────────────────────────────────────────────────────
Month total                                  $16,378

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/19970 is the state's own key, not one this site invented.