ROBERTSON, JOE

Operated by BKM PRODUCTION (P-5 72533) in the SHERMAN (OIL CREEK 10,500) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 22264District 09Field 83162357NGPA filingOilCasinghead gasSaveExport
Value, all time
$1.6 M
Jan 1993 – Oct 2001
Value, last 12 filed months
$47 k
at the published price for each month
Months reported
106
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 leases and 2 wells, and the rule below applies to all of them.

Discovered
1965-11-14
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.

The Commission's schedule remark for this field reads: NET GAS LIMIT - 1000 MCF PER WELL DOCKET 9-79272

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
OilDisposition95,200 bbl$1,528,936
Casinghead gasProduction1,719,990 Mcf$47,401
Total$1,576,337

1,709,698 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 33.6923, -96.6640. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.69231, -96.66400 · 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
0.0%
0 of 1 wells
Median depth
12,003 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
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 12,003 ft.

Completions filed
Jul 2001
1 of 1 wells

1 well

42-18130851412,003 ftJul 2001Yes

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 (106)

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

106 months

Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 200116023.933.20$383
Jun 200103,88824.563.82$14,868
May 200101,25225.524.31$5,393
Apr 200101,25724.685.34$6,707
Mar 200101,34724.545.38$7,242
Feb 200101,21027.755.77$6,978
Jan 2001047727.478.40$4,006
Dec 200070026.889.12$1,882
Nov 20000032.215.66$0
Oct 20008031.235.15$250
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 19980013.042.51$0
Mar 19980012.802.31$0
Feb 19980013.952.30$0
Jan 19980014.702.15$0
Dec 19970016.322.41$0
Nov 19970018.193.09$0
Oct 19970019.253.15$0
Sep 199715217.742.95$171
Aug 1997122817.862.55$600
Jul 1997132917.582.25$757
Jun 19970017.242.26$0
May 19970018.972.31$0
Apr 19970017.882.08$0
Mar 1997010018.951.94$194
Feb 19970020.492.21$0
Jan 1997115223.483.54$562
Dec 199607423.32$0
Nov 1996013721.97$0
Oct 1996087023.31$0
Sep 199611,99322.22$22
Aug 1996992,74820.26$2,006
Jul 199604,31919.55$0
Jun 1996066318.73$0
May 19963407,00719.43$6,606
Apr 19961,62526,58021.51$34,954
Mar 19961,64633,14819.38$31,899
Feb 19961,54240,25816.98$26,183
Jan 19961,71540,07817.07$29,275
Dec 19952,10040,50617.19$36,099
Nov 19951,82036,71316.00$29,120
Oct 19951,69440,55215.43$26,138
Sep 19951,99841,83216.18$32,328
Aug 19952,05043,82915.92$32,636
Jul 19951,97244,18515.24$30,053
Jun 19952,08742,73416.41$34,248
May 19952,50947,08417.56$44,058
Apr 19951,99846,47617.73$35,425
Mar 19952,43449,78916.44$40,015
Feb 19952,44746,26616.58$40,571
Jan 19952,44943,80015.92$38,988
Dec 19942,53952,26115.03$38,161
Nov 19942,17940,47715.90$34,646
Oct 19942,47244,21115.58$38,514
Sep 19942,16343,60915.29$33,072
Aug 19942,72349,34116.13$43,922
Jul 19942,85846,29117.56$50,186
Jun 19942,51544,82117.09$42,981
May 19942,85246,21515.88$45,290
Apr 19942,54446,39714.14$35,972
Mar 19942,52148,59512.46$31,412
Feb 19942,50144,80812.50$31,263
Jan 19942,92951,84912.66$37,081
Dec 19933,09654,07012.33$38,174
Nov 19932,85051,06014.49$41,297
Oct 19932,84941,89015.85$45,157
Sep 19932,46836,54715.03$37,094
Aug 19932,32438,70015.66$36,394
Jul 19932,54938,64815.46$39,408
Jun 19932,97437,60716.79$49,933
May 19932,66239,91117.68$47,064
Apr 19932,94338,13518.05$53,121
Mar 19932,85540,94118.14$51,790
Feb 19932,59235,19417.90$46,397
Jan 19931,61816,47916.93$27,393

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 2001 — as filed, then multipliedworked
Oil                   16 bbl  × $ 23.93 =       $383
Casinghead gas         0 Mcf  × $  3.20 =         $0

────────────────────────────────────────────────────
Month total                                     $383

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/22264 is the state's own key, not one this site invented.