NEW, J.T. & L.

Operated by 375 ENERGY, INC. (P-5 753877) in the ALVORD (CADDO CONGLOMERATE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 20680District 09Field 02143355NGPA filingOilCasinghead gasSaveExport
Value, all time
$471 k
Jan 1993 – Jul 2012
Value, last 12 filed months
$0
at the published price for each month
Months reported
235
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 136 leases and 225 wells, and the rule below applies to all of them.

Discovered
1954-07-29
as the register files it
Field class
Oil and gas
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 40 acres.

The Commission's schedule remark for this field reads: OF 80 AC./ DIVIDED BY 80 AC.

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
NGPA2none

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
OilDisposition7,742 bbl$240,626
Casinghead gasProduction67,358 Mcf$229,993
Total$470,618

21,410 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 (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 33.3780, -97.6667. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.37803, -97.66670 · 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
6,200 ft
1 wells filed one
Completion to plug
31.2 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 6,200 ft.

Completions filed
Aug 1980
1 of 1 wells
Plug dates filed
Oct 2011
1 of 1 wells

Last completion to plug: a median of 31.2 years across the 1 well that filed both dates, with the middle half between 31.2 years and 31.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4973186716,200 ftAug 1980Oct 2011Yes

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 (235)

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

235 months

Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20111096.364.06$96
Feb 20115085.644.18$428
Jan 20115086.504.59$433
Dec 20105085.734.35$429
Nov 20105080.843.80$404
Oct 20105078.103.51$391
Sep 20105072.633.98$363
Aug 2010105073.684.42$7,736
Jul 20100072.554.74$0
Jun 201027070.364.91$1,900
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 200905072.544.11$206
Sep 200907865.543.06$239
Aug 200909567.423.22$306
Jul 2009012961.133.46$447
Jun 2009016566.163.90$643
May 2009018754.743.93$734
Apr 2009019646.773.59$703
Mar 2009024642.144.06$999
Feb 2009015332.814.63$709
Jan 2009019335.865.37$1,037
Dec 200817423537.105.98$7,860
Nov 2008025255.496.86$1,729
Oct 2008024475.246.92$1,689
Sep 20080231101.767.88$1,820
Aug 20080258114.228.48$2,189
Jul 20080265131.0811.39$3,018
Jun 20080268131.3313.03$3,493
May 2008133234123.1711.57$19,090
Apr 20080262110.3110.45$2,739
Mar 20080253101.909.66$2,445
Feb 2008024092.538.77$2,105
Jan 200818025690.388.21$18,369
Dec 2007025788.337.30$1,877
Nov 2007024791.677.29$1,801
Oct 2007027082.856.92$1,869
Sep 2007026675.846.24$1,661
Aug 2007027769.066.39$1,769
Jul 200718027770.906.39$14,531
Jun 2007026762.007.55$2,015
May 2007026758.747.85$2,095
Apr 2007024359.617.81$1,897
Mar 2007025956.927.30$1,891
Feb 2007025855.108.22$2,120
Jan 200716628750.306.73$10,280
Dec 2006030056.656.92$2,076
Nov 2006028754.207.62$2,186
Oct 2006030854.906.01$1,852
Sep 2006029060.085.04$1,461
Aug 200617329768.717.34$14,067
Jul 2006030069.376.34$1,903
Jun 2006029066.286.38$1,851
May 2006029666.016.42$1,902
Apr 2006027764.397.36$2,039
Mar 200616626956.707.08$11,318
Feb 2006025757.597.75$1,992
Jan 2006028460.598.93$2,537
Dec 2005029154.9413.42$3,904
Nov 2005029654.6910.59$3,134
Oct 200517431358.3413.80$14,469
Sep 2005030361.4512.08$3,660
Aug 2005031361.519.80$3,066
Jul 2005030355.697.84$2,377
Jun 2005027952.337.38$2,059
May 2005030845.226.65$2,049
Apr 200516627949.207.36$10,221
Mar 2005030450.377.15$2,175
Feb 2005028445.226.31$1,793
Jan 2005030743.166.32$1,941
Dec 2004031639.866.75$2,133
Nov 200416731545.286.33$9,556
Oct 2004030949.706.52$2,013
Sep 2004031943.245.28$1,686
Aug 2004033042.375.55$1,832
Jul 200416733538.286.08$8,431
Jun 2004030336.106.43$1,949
May 2004032237.486.49$2,091
Apr 2004031934.475.86$1,869
Mar 2004032234.365.53$1,781
Feb 200416030232.455.51$6,856
Jan 2004031032.036.30$1,953
Dec 2003034230.266.30$2,155
Nov 2003033028.804.60$1,516
Oct 2003031228.174.76$1,485
Sep 200314029726.314.75$5,094
Aug 20030029.765.13$0
Jul 2003033729.415.17$1,743
Jun 200317526028.565.98$6,554
May 2003034126.595.97$2,037
Apr 2003034426.675.41$1,860
Mar 2003031831.146.10$1,939
Feb 200317327033.487.93$7,932
Jan 2003029030.315.58$1,619
Dec 2002028126.914.85$1,364
Nov 2002030124.664.14$1,245
Oct 2002034026.464.23$1,438
Sep 200216333227.443.64$5,680
Aug 2002036825.963.16$1,164
Jul 2002028824.583.06$882
Jun 2002030823.733.34$1,028
May 2002040224.663.58$1,441
Apr 2002027123.653.51$952
Mar 200217931222.003.10$4,906
Feb 2002027518.222.38$653
Jan 2002028617.172.38$679
Dec 2001033516.932.36$792
Nov 2001032318.072.41$777
Oct 200116032519.782.53$3,987
Sep 2001028224.262.25$635
Aug 2001029424.873.05$898
Jul 2001033123.933.20$1,058
Jun 200116532124.563.82$5,280
May 2001037125.524.31$1,598
Apr 2001033724.685.34$1,798
Mar 2001028424.545.38$1,527
Feb 200115232627.755.77$6,098
Jan 2001032427.478.40$2,721
Dec 2000029226.889.12$2,664
Nov 200017629732.215.66$7,349
Oct 2000025131.235.15$1,292
Sep 2000033831.875.19$1,753
Aug 2000036029.644.54$1,635
Jul 2000035228.534.09$1,440
Jun 2000031929.304.40$1,403
May 200018329627.263.68$6,078
Apr 2000034624.513.12$1,078
Mar 2000025328.422.86$724
Feb 2000030727.622.73$837
Jan 2000030525.272.48$757
Dec 199917527224.282.42$4,908
Nov 1999030023.192.43$730
Oct 1999032020.982.80$897
Sep 1999033921.752.62$888
Aug 199916832819.262.88$4,179
Jul 1999034117.892.37$809
Jun 1999032215.942.36$761
May 1999034715.792.32$805
Apr 199916730615.102.21$3,197
Mar 1999030212.471.84$555
Feb 199902909.981.82$527
Jan 1999034710.381.90$659
Dec 19981683319.201.77$2,133
Nov 1998034110.892.19$745
Oct 1998035412.421.97$697
Sep 1998037412.592.08$779
Aug 199816538111.301.91$2,591
Jul 1998039711.742.24$888
Jun 1998039611.242.24$886
May 1998038712.622.21$854
Apr 199818236013.042.51$3,275
Mar 1998035812.802.31$827
Feb 1998033813.952.30$777
Jan 1998035514.702.15$765
Dec 199717730916.322.41$3,634
Nov 1997035718.193.09$1,103
Oct 1997037519.253.15$1,181
Sep 1997039017.742.95$1,152
Aug 1997041117.862.55$1,050
Jul 199717838917.582.25$4,003
Jun 1997037517.242.26$846
May 1997040118.972.31$926
Apr 199716038217.882.08$3,656
Mar 1997036218.951.94$702
Feb 1997034820.492.21$768
Jan 1997038723.483.54$1,370
Dec 1996034123.32$0
Nov 199614739821.97$3,230
Oct 1996043623.31$0
Sep 1996042622.22$0
Aug 199616145420.26$3,262
Jul 1996051019.55$0
Jun 1996037718.73$0
May 199615143019.43$2,934
Apr 1996043921.51$0
Mar 1996043919.38$0
Feb 199617645016.98$2,988
Jan 1996045017.07$0
Dec 1995046317.19$0
Nov 199514643916.00$2,336
Oct 1995045215.43$0
Sep 199516741016.18$2,702
Aug 1995032815.92$0
Jul 1995040815.24$0
Jun 1995043716.41$0
May 199519447317.56$3,407
Apr 1995043817.73$0
Mar 1995040216.44$0
Feb 1995043916.58$0
Jan 1995045615.92$0
Dec 199414240815.03$2,134
Nov 1994041115.90$0
Oct 199417740015.58$2,758
Sep 1994039215.29$0
Aug 1994041916.13$0
Jul 1994040417.56$0
Jun 199415238417.09$2,598
May 1994043115.88$0
Apr 1994043314.14$0
Mar 199420048212.46$2,492
Feb 1994043612.50$0
Jan 1994049212.66$0
Dec 1993047012.33$0
Nov 199326652114.49$3,854
Oct 1993053415.85$0
Sep 1993049715.03$0
Aug 1993055715.66$0
Jul 1993051815.46$0
Jun 1993053116.79$0
May 199313751717.68$2,422
Apr 1993050418.05$0
Mar 1993049018.14$0
Feb 199315142417.90$2,703
Jan 1993046016.93$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.

Mar 2011 — as filed, then multipliedworked
Oil                    1 bbl  × $ 96.36 =        $96
Casinghead gas         0 Mcf  × $  4.06 =         $0

────────────────────────────────────────────────────
Month total                                      $96

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/20680 is the state's own key, not one this site invented.