VEITENHEIMER, A. -C-

Operated by HEYDRICK PETROLEUM COMPANY (P-5 383199) in the ARROWHEAD (CADDO) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 23488District 09Field 03900500NGPA filingOilCasinghead gasSaveExport
Value, all time
$43 k
Jan 1993 – Jul 1997
Value, last 12 filed months
$7 k
at the published price for each month
Months reported
55
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 14 leases and 30 wells, and the rule below applies to all of them.

Discovered
1980-04-01
as the register files it
Field class
Oil
the register's own label
Between wells
660 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres.

The Commission's schedule remark for this field reads: FLD RULES PERMANENT; DOCKET #77,515

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
OilDisposition2,529 bbl$42,770
Casinghead gasProduction21 Mcf$0
Total$42,770

21 Mcf of this lease's gas, across 21 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 (6)

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 33.6098, -98.3937. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.5 miles.

33.60971, -98.39411 · 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%
6 of 6 wells
With a plug date
100.0%
6 of 6 wells
Median depth
6,180 ft
6 wells filed one
Completion to plug
12.2 years
median over 6 wells

What the state filed about each well

On the RRC proration schedule
6100.0%
A plug date is filed
6100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
6100.0%
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 6,133 and 6,225 ft, median 6,180 ft, over the 6 wells that filed a depth.

Completions filed
Aug 1983 – Jul 1987
6 of 6 wells
Plug dates filed
Apr 1993 – May 1997
6 of 6 wells

Last completion to plug: a median of 12.2 years across the 6 wells that filed both dates, with the middle half between 10.3 years and 13.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

6 wells

42-077329957 C6,191 ftJul 1987May 1997Yes
42-077331259 C6,150 ftSep 1985May 1997Yes
42-077325591 C6,169 ftAug 1985Apr 1993Yes
42-077331248 C6,225 ftOct 1983May 1997Yes
42-077329946 C6,133 ftAug 1983Mar 1996Yes
42-077302335 C6,191 ftAug 1983May 1997Yes

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 (55)

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

55 months

Jul 19970017.582.25$0
Jun 19970017.242.26$0
May 19976018.972.31$114
Apr 199765017.882.08$1,162
Mar 199780018.951.94$1,516
Feb 19970020.492.21$0
Jan 199780023.483.54$1,878
Dec 19960023.32$0
Nov 19960021.97$0
Oct 19960023.31$0
Sep 199686022.22$1,911
Aug 19960020.26$0
Jul 19960019.55$0
Jun 199672018.73$1,349
May 19960019.43$0
Apr 199681021.51$1,742
Mar 19960019.38$0
Feb 199686016.98$1,460
Jan 19960017.07$0
Dec 199576017.19$1,306
Nov 19950016.00$0
Oct 19950015.43$0
Sep 199584016.18$1,359
Aug 199580015.92$1,274
Jul 199583015.24$1,265
Jun 19950016.41$0
May 199573017.56$1,282
Apr 19950017.73$0
Mar 199583016.44$1,365
Feb 1995170016.58$2,819
Jan 19950015.92$0
Dec 19940015.03$0
Nov 19940015.90$0
Oct 19940015.58$0
Sep 19940115.29$0
Aug 199473116.13$1,177
Jul 199466117.56$1,159
Jun 199471117.09$1,213
May 199485115.88$1,350
Apr 199489114.14$1,258
Mar 199476112.46$947
Feb 19940112.50$0
Jan 199478112.66$987
Dec 199396112.33$1,184
Nov 19930114.49$0
Oct 199384115.85$1,331
Sep 199392115.03$1,383
Aug 19930115.66$0
Jul 199368115.46$1,051
Jun 19930116.79$0
May 199393117.68$1,644
Apr 199395118.05$1,715
Mar 199388118.14$1,596
Feb 199396117.90$1,718
Jan 199374116.93$1,253

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.

May 1997 — as filed, then multipliedworked
Oil                    6 bbl  × $ 18.97 =       $114
Casinghead gas         0 Mcf  × $  2.31 =         $0

────────────────────────────────────────────────────
Month total                                     $114

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/23488 is the state's own key, not one this site invented.