DAVIS, R.L. ESTATE

Operated by S.B. STREET OPERATING, INC. (P-5 740251) in the KANDY (CADDO) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 27700District 09Field 48086250OilCasinghead gasSaveExport
Value, all time
$62 k
Jan 1993 – Jul 2010
Value, last 12 filed months
$5 k
at the published price for each month
Months reported
211
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 3 wells, and the rule below applies to all of them.

Discovered
1983-10-14
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
OilDisposition2,833 bbl$61,592
Casinghead gasProduction21 Mcf$0
Total$61,592

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 32.9978, -98.8614. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.99784, -98.86138 · 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
4,543 ft
2 wells filed one
Completion to plug
10.8 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 4,536 and 4,550 ft, median 4,543 ft, over the 2 wells that filed a depth.

Completions filed
Apr 1990 – Mar 2008
2 of 2 wells
Plug dates filed
Jan 2010
2 of 2 wells

Last completion to plug: a median of 10.8 years across the 2 wells that filed both dates, with the middle half between 6.3 years and 15.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-5034132524,550 ftMar 2008Jan 2010Yes
42-5033980014,536 ftApr 1990Jan 2010Yes

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 (211)

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

211 months

Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 200971067.423.22$4,787
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 2009174054.743.93$9,525
Apr 20093046.773.59$140
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 2009165035.865.37$5,917
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
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 20070058.747.85$0
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 20060054.906.01$0
Sep 20060060.085.04$0
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 20040043.245.28$0
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 200320030.315.58$606
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 20010024.563.82$0
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 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20001029.304.40$29
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 199994020.982.80$1,972
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 19983012.592.08$38
Aug 199817011.301.91$192
Jul 1998171011.742.24$2,008
Jun 199811011.242.24$124
May 199816012.622.21$202
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 19971018.193.09$18
Oct 19970019.253.15$0
Sep 1997170017.742.95$3,016
Aug 19976017.862.55$107
Jul 19972017.582.25$35
Jun 199719017.242.26$328
May 19970018.972.31$0
Apr 19974017.882.08$72
Mar 19970018.951.94$0
Feb 19972020.492.21$41
Jan 19970023.483.54$0
Dec 1996188023.32$4,384
Nov 19964021.97$88
Oct 19961023.31$23
Sep 19962022.22$44
Aug 19960020.26$0
Jul 19967019.55$137
Jun 19964018.73$75
May 19962019.43$39
Apr 19963021.51$65
Mar 1996164019.38$3,178
Feb 19966016.98$102
Jan 199610017.07$171
Dec 19951017.19$17
Nov 19950016.00$0
Oct 1995166015.43$2,561
Sep 19952016.18$32
Aug 19954015.92$64
Jul 19951015.24$15
Jun 19950016.41$0
May 19953017.56$53
Apr 1995162017.73$2,872
Mar 199517016.44$279
Feb 19950016.58$0
Jan 19951015.92$16
Dec 19942015.03$30
Nov 1994163015.90$2,592
Oct 19944015.58$62
Sep 19941115.29$15
Aug 19940116.13$0
Jul 19941117.56$18
Jun 1994168117.09$2,871
May 199417115.88$270
Apr 19941114.14$14
Mar 19944112.46$50
Feb 19945112.50$63
Jan 1994181112.66$2,291
Dec 19932112.33$25
Nov 19934114.49$58
Oct 19932115.85$32
Sep 1993168115.03$2,525
Aug 19938115.66$125
Jul 19933115.46$46
Jun 19935116.79$84
May 1993184117.68$3,253
Apr 19931118.05$18
Mar 199310118.14$181
Feb 1993200117.90$3,580
Jan 19931116.93$17

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.

Aug 2009 — as filed, then multipliedworked
Oil                   71 bbl  × $ 67.42 =     $4,787
Casinghead gas         0 Mcf  × $  3.22 =         $0

────────────────────────────────────────────────────
Month total                                   $4,787

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/27700 is the state's own key, not one this site invented.