DRAGOO

Operated by WESTERN CHIEF OIL & GAS COMPANY (P-5 911802) in the TAYLOR (STRAWN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 26316District 09Field 88488498OilCasinghead gasSaveExport
Value, all time
$197 k
Jan 1993 – Aug 2006
Value, last 12 filed months
$0
at the published price for each month
Months reported
164
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 43 wells, and the rule below applies to all of them.

Discovered
1951-04-07
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 20 acres. The field rule took effect on 1951-09-24.

The Commission's schedule remark for this field reads: FIELD RULES PER DOCKET #9-21372, EFFECTIVE 9/24/51.

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
OilDisposition10,937 bbl$197,097
Casinghead gasProduction21 Mcf$0
Total$197,097

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 (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 33.2870, -98.5029. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

33.28724, -98.50238 · 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%
3 of 3 wells
With a plug date
100.0%
3 of 3 wells
Median depth
3,650 ft
3 wells filed one
Completion to plug
19.9 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 3,620 and 3,670 ft, median 3,650 ft, over the 3 wells that filed a depth.

Completions filed
Jul 1986 – May 1987
3 of 3 wells
Plug dates filed
May 1990 – Jul 2006
3 of 3 wells

Last completion to plug: a median of 19.9 years across the 3 wells that filed both dates, with the middle half between 11.5 years and 20.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

3 wells

42-5033942933,620 ftMay 1987May 1990Yes
42-5033930523,650 ftAug 1986Jul 2006Yes
42-5033930113,670 ftJul 1986Jul 2006Yes

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 (164)

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

164 months

Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 200430043.245.28$1,297
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
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 200163024.563.82$1,547
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 2000155026.889.12$4,166
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 2000161029.644.54$4,772
Jul 20000028.534.09$0
Jun 2000154029.304.40$4,512
May 2000158027.263.68$4,307
Apr 2000186024.513.12$4,559
Mar 2000114028.422.86$3,240
Feb 2000355027.622.73$9,805
Jan 2000161025.272.48$4,068
Dec 1999362024.282.42$8,789
Nov 1999153023.192.43$3,548
Oct 1999180020.982.80$3,776
Sep 1999178021.752.62$3,872
Aug 1999323019.262.88$6,221
Jul 1999320017.892.37$5,725
Jun 1999335015.942.36$5,340
May 1999325015.792.32$5,132
Apr 1999180015.102.21$2,718
Mar 1999180012.471.84$2,245
Feb 199918409.981.82$1,836
Jan 1999179010.381.90$1,858
Dec 1998009.201.77$0
Nov 1998164010.892.19$1,786
Oct 1998152012.421.97$1,888
Sep 1998141012.592.08$1,775
Aug 1998155011.301.91$1,752
Jul 19980011.742.24$0
Jun 1998153011.242.24$1,720
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 19971016.322.41$16
Nov 1997159018.193.09$2,892
Oct 19970019.253.15$0
Sep 19970017.742.95$0
Aug 19972017.862.55$36
Jul 19970017.582.25$0
Jun 1997146017.242.26$2,517
May 19973018.972.31$57
Apr 19970017.882.08$0
Mar 19970018.951.94$0
Feb 19973020.492.21$61
Jan 1997118023.483.54$2,771
Dec 19963023.32$70
Nov 19961021.97$22
Oct 19961023.31$23
Sep 1996166022.22$3,689
Aug 19961020.26$20
Jul 19962019.55$39
Jun 19960018.73$0
May 19961019.43$19
Apr 1996146021.51$3,140
Mar 19960019.38$0
Feb 1996158016.98$2,683
Jan 19960017.07$0
Dec 1995173017.19$2,974
Nov 1995152016.00$2,432
Oct 1995143015.43$2,206
Sep 19951016.18$16
Aug 1995146015.92$2,324
Jul 1995181015.24$2,758
Jun 1995175016.41$2,872
May 19950017.56$0
Apr 1995129017.73$2,287
Mar 1995176016.44$2,893
Feb 19950016.58$0
Jan 1995164015.92$2,611
Dec 1994128015.03$1,924
Nov 1994179015.90$2,846
Oct 1994167015.58$2,602
Sep 1994174115.29$2,660
Aug 1994175116.13$2,823
Jul 1994172117.56$3,020
Jun 1994159117.09$2,717
May 1994178115.88$2,827
Apr 19940114.14$0
Mar 1994183112.46$2,280
Feb 1994181112.50$2,263
Jan 1994176112.66$2,228
Dec 19930112.33$0
Nov 1993128114.49$1,855
Oct 1993126115.85$1,997
Sep 1993137115.03$2,059
Aug 1993132115.66$2,067
Jul 1993127115.46$1,963
Jun 1993122116.79$2,048
May 1993310117.68$5,481
Apr 19930118.05$0
Mar 1993149118.14$2,703
Feb 1993282117.90$5,048
Jan 19930116.93$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 2004 — as filed, then multipliedworked
Oil                   30 bbl  × $ 43.24 =     $1,297
Casinghead gas         0 Mcf  × $  5.28 =         $0

────────────────────────────────────────────────────
Month total                                   $1,297

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/26316 is the state's own key, not one this site invented.