NESBITT "F"

Name: NESBITT "F" lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by HEP OIL GP, LLC (P-5 379552) in the SCHULZ & BRANNAN (STRAWN 3150) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 22813District 09Field 81634500NGPA filingOilCasinghead gasSave Export

Value, all time

$174 k

Jan 1993 – Jan 2008

Value, last 12 filed months

$5 k

at the published price for each month

Months reported

181

no gaps in the span

Streams

oil, casinghead gas

The SCHULZ & BRANNAN (STRAWN 3150) field

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 8 leases and 8 wells, and the rule below applies to all of them.

Discovered

1956-05-23

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

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.

Programme	Filings	With an approval date	Dated	Docket
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Oil	Disposition	4,343 bbl	$114,524
Casinghead gas	Production	20,448 Mcf	$59,735
Total			$174,259

7,244 Mcf of this lease's gas, across 47 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 32.9690, -98.5408. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.96903, -98.54076 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

3,300 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 3,300 ft.

Completions filed

Nov 1982

1 of 1 wells

1 well


42-50336309	1	3,300 ft	Nov 1982	—	Yes

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 (181)

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

181 months


Jan 2008	0	0	90.38	8.21	$0
Dec 2007	0	0	88.33	7.30	$0
Nov 2007	0	0	91.67	7.29	$0
Oct 2007	0	0	82.85	6.92	$0
Sep 2007	34	0	75.84	6.24	$2,579
Aug 2007	0	0	69.06	6.39	$0
Jul 2007	0	0	70.90	6.39	$0
Jun 2007	0	0	62.00	7.55	$0
May 2007	44	0	58.74	7.85	$2,585
Apr 2007	0	0	59.61	7.81	$0
Mar 2007	0	0	56.92	7.30	$0
Feb 2007	0	0	55.10	8.22	$0
Jan 2007	0	0	50.30	6.73	$0
Dec 2006	0	0	56.65	6.92	$0
Nov 2006	0	0	54.20	7.62	$0
Oct 2006	0	0	54.90	6.01	$0
Sep 2006	0	0	60.08	5.04	$0
Aug 2006	0	95	68.71	7.34	$697
Jul 2006	0	128	69.37	6.34	$812
Jun 2006	168	67	66.28	6.38	$11,563
May 2006	0	121	66.01	6.42	$777
Apr 2006	0	136	64.39	7.36	$1,001
Mar 2006	0	100	56.70	7.08	$708
Feb 2006	0	126	57.59	7.75	$977
Jan 2006	0	133	60.59	8.93	$1,188
Dec 2005	0	108	54.94	13.42	$1,449
Nov 2005	172	101	54.69	10.59	$10,476
Oct 2005	0	93	58.34	13.80	$1,283
Sep 2005	0	112	61.45	12.08	$1,353
Aug 2005	0	100	61.51	9.80	$980
Jul 2005	0	143	55.69	7.84	$1,122
Jun 2005	0	139	52.33	7.38	$1,026
May 2005	114	140	45.22	6.65	$6,086
Apr 2005	0	144	49.20	7.36	$1,060
Mar 2005	0	147	50.37	7.15	$1,052
Feb 2005	0	130	45.22	6.31	$821
Jan 2005	0	121	43.16	6.32	$765
Dec 2004	173	122	39.86	6.75	$7,719
Nov 2004	0	103	45.28	6.33	$652
Oct 2004	0	126	49.70	6.52	$821
Sep 2004	0	115	43.24	5.28	$608
Aug 2004	0	119	42.37	5.55	$661
Jul 2004	182	127	38.28	6.08	$7,740
Jun 2004	0	124	36.10	6.43	$798
May 2004	0	117	37.48	6.49	$760
Apr 2004	1	39	34.47	5.86	$263
Mar 2004	0	106	34.36	5.53	$586
Feb 2004	0	91	32.45	5.51	$501
Jan 2004	0	110	32.03	6.30	$693
Dec 2003	0	115	30.26	6.30	$725
Nov 2003	0	126	28.80	4.60	$579
Oct 2003	0	78	28.17	4.76	$371
Sep 2003	0	134	26.31	4.75	$636
Aug 2003	0	84	29.76	5.13	$431
Jul 2003	176	149	29.41	5.17	$5,947
Jun 2003	0	124	28.56	5.98	$742
May 2003	0	116	26.59	5.97	$693
Apr 2003	0	118	26.67	5.41	$638
Mar 2003	170	85	31.14	6.10	$5,812
Feb 2003	0	102	33.48	7.93	$808
Jan 2003	0	156	30.31	5.58	$871
Dec 2002	0	70	26.91	4.85	$340
Nov 2002	0	112	24.66	4.14	$463
Oct 2002	0	139	26.46	4.23	$588
Sep 2002	169	152	27.44	3.64	$5,190
Aug 2002	0	164	25.96	3.16	$519
Jul 2002	0	160	24.58	3.06	$490
Jun 2002	0	192	23.73	3.34	$641
May 2002	165	165	24.66	3.58	$4,660
Apr 2002	0	186	23.65	3.51	$653
Mar 2002	0	116	22.00	3.10	$360
Feb 2002	0	104	18.22	2.38	$247
Jan 2002	0	150	17.17	2.38	$356
Dec 2001	168	143	16.93	2.36	$3,182
Nov 2001	0	87	18.07	2.41	$209
Oct 2001	0	63	19.78	2.53	$159
Sep 2001	170	34	24.26	2.25	$4,201
Aug 2001	0	64	24.87	3.05	$195
Jul 2001	0	74	23.93	3.20	$237
Jun 2001	0	102	24.56	3.82	$390
May 2001	174	66	25.52	4.31	$4,725
Apr 2001	0	67	24.68	5.34	$357
Mar 2001	62	0	24.54	5.38	$1,521
Feb 2001	0	108	27.75	5.77	$623
Jan 2001	0	101	27.47	8.40	$848
Dec 2000	0	106	26.88	9.12	$967
Nov 2000	0	71	32.21	5.66	$402
Oct 2000	0	102	31.23	5.15	$525
Sep 2000	0	100	31.87	5.19	$519
Aug 2000	0	71	29.64	4.54	$322
Jul 2000	0	17	28.53	4.09	$70
Jun 2000	0	155	29.30	4.40	$682
May 2000	0	93	27.26	3.68	$342
Apr 2000	0	16	24.51	3.12	$50
Mar 2000	0	5	28.42	2.86	$14
Feb 2000	0	67	27.62	2.73	$183
Jan 2000	0	55	25.27	2.48	$136
Dec 1999	0	65	24.28	2.42	$158
Nov 1999	0	10	23.19	2.43	$24
Oct 1999	182	80	20.98	2.80	$4,043
Sep 1999	0	82	21.75	2.62	$215
Aug 1999	0	104	19.26	2.88	$299
Jul 1999	0	109	17.89	2.37	$259
Jun 1999	10	158	15.94	2.36	$533
May 1999	10	123	15.79	2.32	$443
Apr 1999	0	163	15.10	2.21	$360
Mar 1999	0	169	12.47	1.84	$311
Feb 1999	160	147	9.98	1.82	$1,864
Jan 1999	0	185	10.38	1.90	$351
Dec 1998	5	244	9.20	1.77	$479
Nov 1998	0	166	10.89	2.19	$363
Oct 1998	10	194	12.42	1.97	$506
Sep 1998	0	58	12.59	2.08	$121
Aug 1998	0	49	11.30	1.91	$93
Jul 1998	0	48	11.74	2.24	$107
Jun 1998	6	10	11.24	2.24	$90
May 1998	0	26	12.62	2.21	$57
Apr 1998	0	0	13.04	2.51	$0
Mar 1998	0	111	12.80	2.31	$256
Feb 1998	0	122	13.95	2.30	$280
Jan 1998	0	141	14.70	2.15	$304
Dec 1997	0	152	16.32	2.41	$366
Nov 1997	0	162	18.19	3.09	$500
Oct 1997	0	152	19.25	3.15	$479
Sep 1997	168	137	17.74	2.95	$3,385
Aug 1997	167	217	17.86	2.55	$3,537
Jul 1997	0	210	17.58	2.25	$472
Jun 1997	0	190	17.24	2.26	$429
May 1997	0	172	18.97	2.31	$397
Apr 1997	175	225	17.88	2.08	$3,598
Mar 1997	0	162	18.95	1.94	$314
Feb 1997	0	168	20.49	2.21	$371
Jan 1997	0	146	23.48	3.54	$517
Dec 1996	159	161	23.32	—	$3,708
Nov 1996	0	116	21.97	—	$0
Oct 1996	0	144	23.31	—	$0
Sep 1996	0	170	22.22	—	$0
Aug 1996	0	117	20.26	—	$0
Jul 1996	0	106	19.55	—	$0
Jun 1996	0	115	18.73	—	$0
May 1996	0	177	19.43	—	$0
Apr 1996	0	147	21.51	—	$0
Mar 1996	152	209	19.38	—	$2,946
Feb 1996	0	147	16.98	—	$0
Jan 1996	0	139	17.07	—	$0
Dec 1995	157	145	17.19	—	$2,699
Nov 1995	0	183	16.00	—	$0
Oct 1995	0	164	15.43	—	$0
Sep 1995	0	157	16.18	—	$0
Aug 1995	0	184	15.92	—	$0
Jul 1995	0	146	15.24	—	$0
Jun 1995	0	153	16.41	—	$0
May 1995	0	174	17.56	—	$0
Apr 1995	290	164	17.73	—	$5,142
Mar 1995	0	177	16.44	—	$0
Feb 1995	0	161	16.58	—	$0
Jan 1995	184	178	15.92	—	$2,929
Dec 1994	0	150	15.03	—	$0
Nov 1994	0	157	15.90	—	$0
Oct 1994	0	195	15.58	—	$0
Sep 1994	0	180	15.29	—	$0
Aug 1994	0	157	16.13	—	$0
Jul 1994	0	155	17.56	—	$0
Jun 1994	0	179	17.09	—	$0
May 1994	0	117	15.88	—	$0
Apr 1994	366	209	14.14	—	$5,175
Mar 1994	0	216	12.46	—	$0
Feb 1994	0	179	12.50	—	$0
Jan 1994	0	169	12.66	—	$0
Dec 1993	0	227	12.33	—	$0
Nov 1993	0	173	14.49	—	$0
Oct 1993	0	146	15.85	—	$0
Sep 1993	0	118	15.03	—	$0
Aug 1993	0	0	15.66	—	$0
Jul 1993	0	29	15.46	—	$0
Jun 1993	0	67	16.79	—	$0
May 1993	0	112	17.68	—	$0
Apr 1993	0	168	18.05	—	$0
Mar 1993	0	129	18.14	—	$0
Feb 1993	0	139	17.90	—	$0
Jan 1993	0	139	16.93	—	$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.

Sep 2007 — as filed, then multipliedworked

Oil                   34 bbl  × $ 75.84 =     $2,579
Casinghead gas         0 Mcf  × $  6.24 =         $0

────────────────────────────────────────────────────
Month total                                   $2,579

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/22813 is the state's own key, not one this site invented.