STEELE

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

Operated by KRAMER, FRANK & ETHEL FLP (P-5 476709) in the BRAZEEL-KING (MISS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 28123District 09Field 11561870OilCasinghead gasSave Export

Value, all time

$527 k

Jan 1993 – Jul 2009

Value, last 12 filed months

$1 k

at the published price for each month

Months reported

199

no gaps in the span

Streams

oil, casinghead gas

The BRAZEEL-KING (MISS) 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 5 leases and 5 wells, and the rule below applies to all of them.

Discovered

1982-01-24

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

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	13,296 bbl	$226,578
Casinghead gas	Production	83,187 Mcf	$300,488
Total			$527,066

922 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 (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 33.0789, -98.4626. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.07889, -98.46259 · 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

4,276 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 4,276 ft.

Completions filed

Oct 2015

1 of 1 wells

1 well


42-50340343	1	4,276 ft	Oct 2015	—	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 (199)

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

199 months


Jul 2009	0	0	61.13	3.46	$0
Jun 2009	0	344	66.16	3.90	$1,340
May 2009	0	0	54.74	3.93	$0
Apr 2009	0	0	46.77	3.59	$0
Mar 2009	0	0	42.14	4.06	$0
Feb 2009	0	0	32.81	4.63	$0
Jan 2009	0	0	35.86	5.37	$0
Dec 2008	0	0	37.10	5.98	$0
Nov 2008	0	0	55.49	6.86	$0
Oct 2008	0	0	75.24	6.92	$0
Sep 2008	0	0	101.76	7.88	$0
Aug 2008	0	0	114.22	8.48	$0
Jul 2008	0	0	131.08	11.39	$0
Jun 2008	0	0	131.33	13.03	$0
May 2008	0	0	123.17	11.57	$0
Apr 2008	0	0	110.31	10.45	$0
Mar 2008	0	0	101.90	9.66	$0
Feb 2008	0	0	92.53	8.77	$0
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	0	0	75.84	6.24	$0
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	0	0	58.74	7.85	$0
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	0	68.71	7.34	$0
Jul 2006	0	0	69.37	6.34	$0
Jun 2006	0	0	66.28	6.38	$0
May 2006	0	0	66.01	6.42	$0
Apr 2006	0	0	64.39	7.36	$0
Mar 2006	0	0	56.70	7.08	$0
Feb 2006	0	0	57.59	7.75	$0
Jan 2006	0	0	60.59	8.93	$0
Dec 2005	0	0	54.94	13.42	$0
Nov 2005	0	0	54.69	10.59	$0
Oct 2005	0	0	58.34	13.80	$0
Sep 2005	0	0	61.45	12.08	$0
Aug 2005	0	0	61.51	9.80	$0
Jul 2005	0	0	55.69	7.84	$0
Jun 2005	0	0	52.33	7.38	$0
May 2005	0	0	45.22	6.65	$0
Apr 2005	0	0	49.20	7.36	$0
Mar 2005	0	0	50.37	7.15	$0
Feb 2005	0	0	45.22	6.31	$0
Jan 2005	0	0	43.16	6.32	$0
Dec 2004	0	0	39.86	6.75	$0
Nov 2004	0	0	45.28	6.33	$0
Oct 2004	0	0	49.70	6.52	$0
Sep 2004	0	0	43.24	5.28	$0
Aug 2004	0	0	42.37	5.55	$0
Jul 2004	0	0	38.28	6.08	$0
Jun 2004	0	0	36.10	6.43	$0
May 2004	0	0	37.48	6.49	$0
Apr 2004	0	516	34.47	5.86	$3,023
Mar 2004	0	593	34.36	5.53	$3,279
Feb 2004	0	371	32.45	5.51	$2,044
Jan 2004	0	486	32.03	6.30	$3,062
Dec 2003	0	512	30.26	6.30	$3,226
Nov 2003	0	508	28.80	4.60	$2,334
Oct 2003	0	593	28.17	4.76	$2,822
Sep 2003	0	648	26.31	4.75	$3,078
Aug 2003	0	702	29.76	5.13	$3,601
Jul 2003	0	767	29.41	5.17	$3,966
Jun 2003	0	675	28.56	5.98	$4,039
May 2003	0	463	26.59	5.97	$2,765
Apr 2003	0	634	26.67	5.41	$3,428
Mar 2003	0	547	31.14	6.10	$3,335
Feb 2003	0	462	33.48	7.93	$3,662
Jan 2003	0	516	30.31	5.58	$2,880
Dec 2002	0	570	26.91	4.85	$2,767
Nov 2002	0	174	24.66	4.14	$720
Oct 2002	0	0	26.46	4.23	$0
Sep 2002	0	0	27.44	3.64	$0
Aug 2002	0	0	25.96	3.16	$0
Jul 2002	0	968	24.58	3.06	$2,964
Jun 2002	0	1,558	23.73	3.34	$5,201
May 2002	0	1,574	24.66	3.58	$5,641
Apr 2002	0	1,421	23.65	3.51	$4,991
Mar 2002	0	770	22.00	3.10	$2,389
Feb 2002	174	781	18.22	2.38	$5,026
Jan 2002	0	841	17.17	2.38	$1,998
Dec 2001	0	698	16.93	2.36	$1,650
Nov 2001	0	1,336	18.07	2.41	$3,214
Oct 2001	0	1,619	19.78	2.53	$4,094
Sep 2001	1	1,300	24.26	2.25	$2,951
Aug 2001	0	1,404	24.87	3.05	$4,287
Jul 2001	0	1,658	23.93	3.20	$5,301
Jun 2001	0	1,602	24.56	3.82	$6,126
May 2001	0	1,645	25.52	4.31	$7,086
Apr 2001	173	1,628	24.68	5.34	$12,956
Mar 2001	0	1,620	24.54	5.38	$8,710
Feb 2001	2	1,226	27.75	5.77	$7,126
Jan 2001	0	1,555	27.47	8.40	$13,060
Dec 2000	0	1,771	26.88	9.12	$16,156
Nov 2000	0	1,756	32.21	5.66	$9,935
Oct 2000	0	1,577	31.23	5.15	$8,114
Sep 2000	0	1,275	31.87	5.19	$6,613
Aug 2000	0	1,575	29.64	4.54	$7,152
Jul 2000	0	1,509	28.53	4.09	$6,171
Jun 2000	168	1,289	29.30	4.40	$10,590
May 2000	1	1,669	27.26	3.68	$6,169
Apr 2000	1	1,729	24.51	3.12	$5,412
Mar 2000	0	1,867	28.42	2.86	$5,339
Feb 2000	3	1,570	27.62	2.73	$4,363
Jan 2000	0	1,729	25.27	2.48	$4,289
Dec 1999	0	1,751	24.28	2.42	$4,244
Nov 1999	0	1,746	23.19	2.43	$4,250
Oct 1999	174	1,765	20.98	2.80	$8,599
Sep 1999	0	1,557	21.75	2.62	$4,078
Aug 1999	0	1,710	19.26	2.88	$4,917
Jul 1999	0	1,765	17.89	2.37	$4,187
Jun 1999	1	1,616	15.94	2.36	$3,833
May 1999	0	1,644	15.79	2.32	$3,816
Apr 1999	0	1,598	15.10	2.21	$3,528
Mar 1999	0	1,822	12.47	1.84	$3,349
Feb 1999	0	1,510	9.98	1.82	$2,745
Jan 1999	0	1,510	10.38	1.90	$2,869
Dec 1998	0	1,317	9.20	1.77	$2,335
Nov 1998	0	1,714	10.89	2.19	$3,746
Oct 1998	0	899	12.42	1.97	$1,770
Sep 1998	0	841	12.59	2.08	$1,751
Aug 1998	0	587	11.30	1.91	$1,120
Jul 1998	0	626	11.74	2.24	$1,401
Jun 1998	1	860	11.24	2.24	$1,935
May 1998	0	826	12.62	2.21	$1,822
Apr 1998	0	0	13.04	2.51	$0
Mar 1998	179	0	12.80	2.31	$2,291
Feb 1998	178	0	13.95	2.30	$2,483
Jan 1998	0	0	14.70	2.15	$0
Dec 1997	185	0	16.32	2.41	$3,019
Nov 1997	0	0	18.19	3.09	$0
Oct 1997	173	0	19.25	3.15	$3,330
Sep 1997	0	0	17.74	2.95	$0
Aug 1997	161	0	17.86	2.55	$2,875
Jul 1997	170	0	17.58	2.25	$2,989
Jun 1997	0	0	17.24	2.26	$0
May 1997	141	0	18.97	2.31	$2,675
Apr 1997	160	0	17.88	2.08	$2,861
Mar 1997	168	0	18.95	1.94	$3,184
Feb 1997	0	0	20.49	2.21	$0
Jan 1997	125	0	23.48	3.54	$2,935
Dec 1996	161	0	23.32	—	$3,755
Nov 1996	170	0	21.97	—	$3,735
Oct 1996	175	0	23.31	—	$4,079
Sep 1996	0	0	22.22	—	$0
Aug 1996	171	0	20.26	—	$3,464
Jul 1996	180	0	19.55	—	$3,519
Jun 1996	182	0	18.73	—	$3,409
May 1996	0	0	19.43	—	$0
Apr 1996	163	0	21.51	—	$3,506
Mar 1996	185	0	19.38	—	$3,585
Feb 1996	184	0	16.98	—	$3,124
Jan 1996	169	0	17.07	—	$2,885
Dec 1995	152	0	17.19	—	$2,613
Nov 1995	0	0	16.00	—	$0
Oct 1995	178	0	15.43	—	$2,747
Sep 1995	179	0	16.18	—	$2,896
Aug 1995	184	0	15.92	—	$2,929
Jul 1995	182	0	15.24	—	$2,774
Jun 1995	184	0	16.41	—	$3,019
May 1995	185	0	17.56	—	$3,249
Apr 1995	185	0	17.73	—	$3,280
Mar 1995	187	0	16.44	—	$3,074
Feb 1995	185	0	16.58	—	$3,067
Jan 1995	183	0	15.92	—	$2,913
Dec 1994	186	0	15.03	—	$2,796
Nov 1994	187	0	15.90	—	$2,973
Oct 1994	185	0	15.58	—	$2,882
Sep 1994	185	1	15.29	—	$2,829
Aug 1994	183	1	16.13	—	$2,952
Jul 1994	182	1	17.56	—	$3,196
Jun 1994	359	1	17.09	—	$6,135
May 1994	186	1	15.88	—	$2,954
Apr 1994	186	1	14.14	—	$2,630
Mar 1994	372	1	12.46	—	$4,635
Feb 1994	182	1	12.50	—	$2,275
Jan 1994	373	1	12.66	—	$4,722
Dec 1993	188	41	12.33	—	$2,318
Nov 1993	373	192	14.49	—	$5,405
Oct 1993	368	292	15.85	—	$5,833
Sep 1993	549	314	15.03	—	$8,251
Aug 1993	173	16	15.66	—	$2,709
Jul 1993	728	1	15.46	—	$11,255
Jun 1993	0	3	16.79	—	$0
May 1993	361	1	17.68	—	$6,382
Apr 1993	187	1	18.05	—	$3,375
Mar 1993	765	1	18.14	—	$13,877
Feb 1993	570	1	17.90	—	$10,203
Jan 1993	205	50	16.93	—	$3,471

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.

Jun 2009 — as filed, then multipliedworked

Oil                    0 bbl  × $ 66.16 =         $0
Casinghead gas       344 Mcf  × $  3.90 =     $1,340

────────────────────────────────────────────────────
Month total                                   $1,340

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/28123 is the state's own key, not one this site invented.