DECKER, J.

Operated by WILLOWBEND INVESTMENTS, INC. (P-5 927665) in the DEER CREEK (ISRAEL 5000) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 26227District 09Field 23941700OilCasinghead gasSaveExport
Value, all time
$689 k
Jan 1993 – Apr 2012
Value, last 12 filed months
$0
at the published price for each month
Months reported
232
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 27 leases and 39 wells, and the rule below applies to all of them.

Discovered
1982-04-27
as the register files it
Field class
Oil
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
OilDisposition25,196 bbl$688,553
Casinghead gasProduction31 Mcf$35
Total$688,588

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 (2)

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 33.6688, -98.3279. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

33.66885, -98.32791 · 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%
2 of 2 wells
With a plug date
100.0%
2 of 2 wells
Median depth
5,220 ft
2 wells filed one
Completion to plug
17.8 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
2100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
2100.0%
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 5,191 and 5,248 ft, median 5,220 ft, over the 2 wells that filed a depth.

Completions filed
Jun 1986 – Mar 2002
2 of 2 wells
Plug dates filed
Jan 2012
2 of 2 wells

Last completion to plug: a median of 17.8 years across the 2 wells that filed both dates, with the middle half between 13.8 years and 21.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-0773403115,248 ftMar 2002Jan 2012Yes
42-0773403425,191 ftJun 1986Jan 2012Yes

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 (232)

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

232 months

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 2011152096.364.06$14,647
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 2010175070.364.91$12,313
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 2010174074.365.96$12,939
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 2009173067.423.22$11,664
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 2009167054.743.93$9,142
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 2008170037.105.98$6,307
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 20081710101.767.88$17,401
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 20081790131.3313.03$23,508
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 20081740101.909.66$17,731
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 2007179058.747.85$10,514
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 2006174054.906.01$9,553
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 2006176066.016.42$11,618
Apr 2006169064.397.36$10,882
Mar 2006168056.707.08$9,526
Feb 20060057.597.75$0
Jan 2006166060.598.93$10,058
Dec 2005165054.9413.42$9,065
Nov 2005169054.6910.59$9,243
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 2005159055.697.84$8,855
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 2005165049.207.36$8,118
Mar 2005172050.377.15$8,664
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 2004158039.866.75$6,298
Nov 2004178045.286.33$8,060
Oct 20040049.706.52$0
Sep 2004172043.245.28$7,437
Aug 20040042.375.55$0
Jul 2004173038.286.08$6,622
Jun 20040036.106.43$0
May 2004169037.486.49$6,334
Apr 2004174034.475.86$5,998
Mar 20040034.365.53$0
Feb 2004176032.455.51$5,711
Jan 20040032.036.30$0
Dec 2003176030.266.30$5,326
Nov 20030028.804.60$0
Oct 2003170028.174.76$4,789
Sep 20030026.314.75$0
Aug 2003170029.765.13$5,059
Jul 2003351029.415.17$10,323
Jun 2003346028.565.98$9,882
May 2003350026.595.97$9,307
Apr 2003173026.675.41$4,614
Mar 20030031.146.10$0
Feb 2003177033.487.93$5,926
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 2002172026.464.23$4,551
Sep 20020027.443.64$0
Aug 2002171025.963.16$4,439
Jul 2002167024.583.06$4,105
Jun 20020023.733.34$0
May 2002170024.663.58$4,192
Apr 20020023.653.51$0
Mar 2002167022.003.10$3,674
Feb 20020018.222.38$0
Jan 2002176017.172.38$3,022
Dec 2001173116.932.36$2,931
Nov 2001164118.072.41$2,966
Oct 20010119.782.53$3
Sep 2001164124.262.25$3,981
Aug 2001174124.873.05$4,330
Jul 2001172123.933.20$4,119
Jun 2001166124.563.82$4,081
May 2001170125.524.31$4,343
Apr 2001174124.685.34$4,300
Mar 2001169124.545.38$4,153
Feb 2001170027.755.77$4,718
Jan 20010027.478.40$0
Dec 2000180026.889.12$4,838
Nov 2000350032.215.66$11,274
Oct 2000176031.235.15$5,496
Sep 2000168031.875.19$5,354
Aug 2000173029.644.54$5,128
Jul 20000028.534.09$0
Jun 2000175029.304.40$5,128
May 2000346027.263.68$9,432
Apr 2000345024.513.12$8,456
Mar 2000176028.422.86$5,002
Feb 20000027.622.73$0
Jan 2000175025.272.48$4,422
Dec 1999170024.282.42$4,128
Nov 1999174023.192.43$4,035
Oct 1999174020.982.80$3,651
Sep 1999167021.752.62$3,632
Aug 1999165019.262.88$3,178
Jul 1999169017.892.37$3,023
Jun 1999173015.942.36$2,758
May 19990015.792.32$0
Apr 1999172015.102.21$2,597
Mar 1999165012.471.84$2,058
Feb 199917209.981.82$1,717
Jan 1999173010.381.90$1,796
Dec 199835009.201.77$3,220
Nov 1998174010.892.19$1,895
Oct 1998173012.421.97$2,149
Sep 1998176012.592.08$2,216
Aug 1998174011.301.91$1,966
Jul 1998177011.742.24$2,078
Jun 1998179011.242.24$2,012
May 1998178012.622.21$2,246
Apr 1998174013.042.51$2,269
Mar 1998177012.802.31$2,266
Feb 1998179013.952.30$2,497
Jan 1998178014.702.15$2,617
Dec 1997173016.322.41$2,823
Nov 1997180018.193.09$3,274
Oct 1997350019.253.15$6,738
Sep 19970017.742.95$0
Aug 1997348017.862.55$6,215
Jul 1997174017.582.25$3,059
Jun 1997171017.242.26$2,948
May 1997176018.972.31$3,339
Apr 1997174017.882.08$3,111
Mar 1997176018.951.94$3,335
Feb 1997176020.492.21$3,606
Jan 1997176023.483.54$4,132
Dec 1996177023.32$4,128
Nov 19960021.97$0
Oct 1996178023.31$4,149
Sep 1996185022.22$4,111
Aug 1996169020.26$3,424
Jul 1996173019.55$3,382
Jun 19960018.73$0
May 1996180019.43$3,497
Apr 1996181021.51$3,893
Mar 1996178019.38$3,450
Feb 1996179016.98$3,039
Jan 1996176017.07$3,004
Dec 1995186017.19$3,197
Nov 19950016.00$0
Oct 1995176015.43$2,716
Sep 1995171016.18$2,767
Aug 1995181015.92$2,882
Jul 1995176015.24$2,682
Jun 1995179016.41$2,937
May 1995177017.56$3,108
Apr 1995170017.73$3,014
Mar 1995174016.44$2,861
Feb 1995350016.58$5,803
Jan 1995186015.92$2,961
Dec 19940015.03$0
Nov 1994543015.90$8,634
Oct 19940015.58$0
Sep 1994179115.29$2,737
Aug 1994174116.13$2,807
Jul 1994178117.56$3,126
Jun 1994353117.09$6,033
May 1994178115.88$2,827
Apr 19940114.14$0
Mar 1994364112.46$4,535
Feb 19940112.50$0
Jan 1994179112.66$2,266
Dec 19930112.33$0
Nov 1993180114.49$2,608
Oct 1993172115.85$2,726
Sep 1993171115.03$2,570
Aug 19930115.66$0
Jul 19930115.46$0
Jun 19930116.79$0
May 1993168117.68$2,970
Apr 1993175118.05$3,159
Mar 1993174118.14$3,156
Feb 19930117.90$0
Jan 1993176116.93$2,980

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                  152 bbl  × $ 96.36 =    $14,647
Casinghead gas         0 Mcf  × $  4.06 =         $0

────────────────────────────────────────────────────
Month total                                  $14,647

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/26227 is the state's own key, not one this site invented.