RHOADES

Operated by ECHO PRODUCTION, INC. (P-5 240125) in the YOUNG COUNTY REGULAR field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 20697District 09Field 99480001OilCasinghead gasSaveExport
Value, all time
$476 k
Jan 1993 – Nov 2002
Value, last 12 filed months
$3 k
at the published price for each month
Months reported
119
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 2,525 leases and 8,014 wells, and the rule below applies to all of them.

Discovered
1917-12-31
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

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
OilDisposition26,314 bbl$475,311
Casinghead gasProduction3,506 Mcf$219
Total$475,529

3,438 Mcf of this lease's gas, across 17 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 (3)

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 32.9995, -98.5862. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

32.99970, -98.58721 · centre of 2 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%
3 of 3 wells
With a plug date
100.0%
3 of 3 wells
Median depth
4,500 ft
3 wells filed one
Completion to plug
10.8 years
median over 3 wells

What the state filed about each well

On the RRC proration schedule
3100.0%
A plug date is filed
3100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
3100.0%
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 4,078 and 4,550 ft, median 4,500 ft, over the 3 wells that filed a depth.

Completions filed
Aug 1981 – Aug 1994
3 of 3 wells
Plug dates filed
Aug 2002
3 of 3 wells

Last completion to plug: a median of 10.8 years across the 3 wells that filed both dates, with the middle half between 9.4 years and 15.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

3 wells

42-503393064B4,500 ftAug 1994Aug 2002Yes
42-5033434814,550 ftOct 1991Aug 2002Yes
42-5033499824,078 ftAug 1981Aug 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 (119)

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

119 months

Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 2002117025.963.16$3,037
Jul 20025024.583.06$123
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 2001177024.563.82$4,347
May 20012025.524.31$51
Apr 2001182024.685.34$4,492
Mar 20010024.545.38$0
Feb 2001178027.755.77$4,940
Jan 20010027.478.40$0
Dec 2000187026.889.12$5,027
Nov 2000173032.215.66$5,572
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 2000100029.304.40$2,930
May 2000177027.263.68$4,825
Apr 20000024.513.12$0
Mar 2000182028.422.86$5,172
Feb 2000184027.622.73$5,082
Jan 20000025.272.48$0
Dec 1999181024.282.42$4,395
Nov 1999171023.192.43$3,965
Oct 1999182020.982.80$3,818
Sep 19990021.752.62$0
Aug 1999177019.262.88$3,409
Jul 19990017.892.37$0
Jun 1999183015.942.36$2,917
May 1999181015.792.32$2,858
Apr 19996015.102.21$91
Mar 199991012.471.84$1,135
Feb 199918409.981.82$1,836
Jan 19990010.381.90$0
Dec 199818409.201.77$1,693
Nov 1998182010.892.19$1,982
Oct 19980012.421.97$0
Sep 1998186012.592.08$2,342
Aug 1998182011.301.91$2,057
Jul 1998182011.742.24$2,137
Jun 19980011.242.24$0
May 1998182012.622.21$2,297
Apr 1998178013.042.51$2,321
Mar 19980012.802.31$0
Feb 1998181013.952.30$2,525
Jan 1998184014.702.15$2,705
Dec 1997177016.322.41$2,889
Nov 1997186018.193.09$3,383
Oct 1997182119.253.15$3,507
Sep 1997182117.742.95$3,232
Aug 1997183117.862.55$3,271
Jul 1997183117.582.25$3,219
Jun 1997193017.242.26$3,327
May 1997346018.972.31$6,564
Apr 1997367117.882.08$6,564
Mar 1997184518.951.94$3,497
Feb 1997352720.492.21$7,228
Jan 19973645123.483.54$8,727
Dec 199637311623.32$8,698
Nov 199637118621.97$8,151
Oct 199654227523.31$12,634
Sep 199636120822.22$8,021
Aug 199654814920.26$11,102
Jul 199672917119.55$14,252
Jun 199673333518.73$13,729
May 199673631219.43$14,300
Apr 199655033421.51$11,831
Mar 199674647619.38$14,457
Feb 199654730716.98$9,288
Jan 1996922017.07$15,739
Dec 199553826717.19$9,248
Nov 199571829816.00$11,488
Oct 1995737015.43$11,372
Sep 1995712016.18$11,520
Aug 1995835015.92$13,293
Jul 19951,013015.24$15,438
Jun 1995715016.41$11,733
May 19951,073017.56$18,842
Apr 1995903017.73$16,010
Mar 1995885016.44$14,549
Feb 1995373016.58$6,184
Jan 1995547015.92$8,708
Dec 1994536015.03$8,056
Nov 1994709015.90$11,273
Oct 1994551015.58$8,585
Sep 1994573015.29$8,761
Aug 19940016.13$0
Jul 19941117.56$18
Jun 19940017.09$0
May 19944115.88$64
Apr 199413114.14$184
Mar 19947112.46$87
Feb 19940012.50$0
Jan 19940012.66$0
Dec 19930012.33$0
Nov 19930014.49$0
Oct 1993153015.85$2,425
Sep 19930015.03$0
Aug 19930015.66$0
Jul 19930015.46$0
Jun 19930016.79$0
May 19930017.68$0
Apr 19930018.05$0
Mar 19930018.14$0
Feb 19930017.90$0
Jan 19930016.93$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.

Aug 2002 — as filed, then multipliedworked
Oil                  117 bbl  × $ 25.96 =     $3,037
Casinghead gas         0 Mcf  × $  3.16 =         $0

────────────────────────────────────────────────────
Month total                                   $3,037

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/20697 is the state's own key, not one this site invented.