CRAFT, J. D. - T.W.B. "WB"

Operated by REPUBLIC ENERGY INC. (P-5 702645) in the CAP YATES (CONSOLIDATED CONGL.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 28266District 09Field 15463184OilCasinghead gasSaveExport
Value, all time
$689 k
Jan 1993 – Oct 2004
Value, last 12 filed months
$14 k
at the published price for each month
Months reported
142
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 115 leases and 198 wells, and the rule below applies to all of them.

Discovered
1973-12-01
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

The Commission's schedule remark for this field reads: PER AOF 1 & 2 FORMS ALLOCATION FORMULA SUSPENDED EFFECTIVE 11/1/99

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
OilDisposition20,739 bbl$355,206
Casinghead gasProduction303,425 Mcf$333,598
Total$688,804

197,740 Mcf of this lease's gas, across 48 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 33.1560, -97.8939. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.15603, -97.89385 · 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%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
5,800 ft
1 wells filed one
Completion to plug
23.3 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
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 5,800 ft.

Completions filed
Mar 1992
1 of 1 wells
Plug dates filed
Jul 2015
1 of 1 wells

Last completion to plug: a median of 23.3 years across the 1 well that filed both dates, with the middle half between 23.3 years and 23.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4973366025,800 ftMar 1992Jul 2015Yes

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 (142)

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

142 months

Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20048042.375.55$339
Jul 200487038.286.08$3,330
Jun 20040036.106.43$0
May 200410037.486.49$375
Apr 2004027134.475.86$1,588
Mar 2004026134.365.53$1,443
Feb 2004026132.455.51$1,438
Jan 2004028032.036.30$1,764
Dec 2003032530.266.30$2,048
Nov 2003026328.804.60$1,209
Oct 2003015128.174.76$719
Sep 2003039426.314.75$1,871
Aug 2003069029.765.13$3,540
Jul 2003074629.415.17$3,857
Jun 2003086928.565.98$5,199
May 2003092426.595.97$5,519
Apr 2003092226.675.41$4,986
Mar 2003084731.146.10$5,163
Feb 2003054233.487.93$4,296
Jan 200318145130.315.58$8,004
Dec 2002059926.914.85$2,907
Nov 2002079624.664.14$3,293
Oct 2002088626.464.23$3,747
Sep 2002086027.443.64$3,126
Aug 2002088525.963.16$2,800
Jul 2002085424.583.06$2,615
Jun 2002084823.733.34$2,831
May 2002093724.663.58$3,358
Apr 2002096023.653.51$3,372
Mar 2002084222.003.10$2,612
Feb 2002046018.222.38$1,093
Jan 200218194117.172.38$5,343
Dec 2001098216.932.36$2,322
Nov 2001034518.072.41$830
Oct 2001099719.782.53$2,521
Sep 200101,08624.262.25$2,445
Aug 200101,06824.873.05$3,261
Jul 2001099523.933.20$3,181
Jun 200101,03524.563.82$3,958
May 200101,11425.524.31$4,798
Apr 200101,01524.685.34$5,415
Mar 200116892824.545.38$9,112
Feb 2001077127.755.77$4,446
Jan 2001080927.478.40$6,795
Dec 2000084226.889.12$7,681
Nov 200001,01932.215.66$5,766
Oct 200001,24431.235.15$6,401
Sep 2000079231.875.19$4,108
Aug 2000085829.644.54$3,896
Jul 200001,55028.534.09$6,339
Jun 20001801,27729.304.40$10,889
May 200001,10127.263.68$4,051
Apr 200001,36324.513.12$4,247
Mar 200001,12928.422.86$3,229
Feb 200001,15527.622.73$3,149
Jan 200001,27625.272.48$3,165
Dec 199901,22224.282.42$2,962
Nov 199901,14423.192.43$2,784
Oct 199901,40420.982.80$3,936
Sep 199916592121.752.62$6,001
Aug 1999089619.262.88$2,577
Jul 199901,23017.892.37$2,918
Jun 199901,42815.942.36$3,373
May 199901,65415.792.32$3,839
Apr 199901,75715.102.21$3,880
Mar 19991731,38212.471.84$4,698
Feb 199901,3359.981.82$2,427
Jan 199901,33810.381.90$2,542
Dec 199801,4069.201.77$2,493
Nov 199801,38710.892.19$3,032
Oct 199801,60212.421.97$3,155
Sep 19981691,54112.592.08$5,337
Aug 199801,72911.301.91$3,298
Jul 199801,91911.742.24$4,293
Jun 199841,70111.242.24$3,851
May 19981741,79412.622.21$6,154
Apr 199802,00413.042.51$5,021
Mar 199801,78112.802.31$4,113
Feb 199801,76713.952.30$4,063
Jan 19981651,71614.702.15$6,123
Dec 199701,93516.322.41$4,665
Nov 199701,69718.193.09$5,241
Oct 19971802,34419.253.15$10,848
Sep 199702,14917.742.95$6,350
Aug 199702,41717.862.55$6,175
Jul 19971812,48317.582.25$8,761
Jun 199701,61217.242.26$3,639
May 199702,00818.972.31$4,635
Apr 199701,99217.882.08$4,149
Mar 19971872,08918.951.94$7,595
Feb 199702,91820.492.21$6,437
Jan 199703,16723.483.54$11,210
Dec 19961963,16723.32$4,571
Nov 199603,09621.97$0
Oct 19961743,46623.31$4,056
Sep 199604,15222.22$0
Aug 19961744,85820.26$3,525
Jul 19961854,82619.55$3,617
Jun 199604,21018.73$0
May 19961893,84319.43$3,672
Apr 19961903,05521.51$4,087
Mar 199602,56619.38$0
Feb 19961923,22616.98$3,260
Jan 199603,98117.07$0
Dec 199504,23917.19$0
Nov 19952353,65716.00$3,760
Oct 19951895,03215.43$2,916
Sep 199505,47416.18$0
Aug 19951765,67215.92$2,802
Jul 19951666,83515.24$2,530
Jun 19953515,93216.41$5,760
May 19951385,08817.56$2,423
Apr 19953595,07017.73$6,365
Mar 19951284,77816.44$2,104
Feb 19953594,70516.58$5,952
Jan 19951905,45215.92$3,025
Dec 19943245,82015.03$4,870
Nov 19945615,96315.90$8,920
Oct 19941925,66415.58$2,991
Sep 19945627,72415.29$8,593
Aug 19945467,00016.13$8,807
Jul 19945665,22217.56$9,939
Jun 19945545,49917.09$9,468
May 19949287,26815.88$14,737
Apr 19942002,13714.14$2,828
Mar 19942021,95512.46$2,517
Feb 19942051,89912.50$2,563
Jan 19942082,12612.66$2,633
Dec 19933601,70612.33$4,439
Nov 19931851,55314.49$2,681
Oct 19935712,56015.85$9,050
Sep 19931961,39715.03$2,946
Aug 199318550015.66$2,897
Jul 19931,0993,60915.46$16,991
Jun 19931,0943,65216.79$18,368
May 19931,1194,57217.68$19,784
Apr 19931,1013,26518.05$19,873
Mar 19931,2893,65518.14$23,382
Feb 19931,2693,40817.90$22,715
Jan 19931,4193,20616.93$24,024

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 2004 — as filed, then multipliedworked
Oil                    8 bbl  × $ 42.37 =       $339
Casinghead gas         0 Mcf  × $  5.55 =         $0

────────────────────────────────────────────────────
Month total                                     $339

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/28266 is the state's own key, not one this site invented.