SPAIN REYNOLDS

Operated by WILLIS OPERATING CO. (P-5 926594) in the YOUNG COUNTY REGULAR field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 28311District 09Field 99480001OilCasinghead gasSaveExport
Value, all time
$115 k
Jan 1993 – Mar 2008
Value, last 12 filed months
$0
at the published price for each month
Months reported
183
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 2,525 leases and 8,014 wells, and the rule below applies to all of them.

Discovered
1917-12-31
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.

StreamBasisVolumeValue
OilDisposition6,567 bbl$115,193
Casinghead gasProduction21 Mcf$0
Total$115,193

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 33.2150, -98.8537. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

33.21500, -98.85374 · 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
2,757 ft
2 wells filed one
Completion to plug
7.8 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 896 and 4,617 ft, median 2,757 ft, over the 2 wells that filed a depth.

Completions filed
Apr 1992 – Dec 1997
2 of 2 wells
Plug dates filed
Nov 2002
2 of 2 wells

Last completion to plug: a median of 7.8 years across the 2 wells that filed both dates, with the middle half between 6.3 years and 9.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-503393161D896 ftDec 1997Nov 2002Yes
42-5034041514,617 ftApr 1992Nov 2002Yes

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 (183)

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

183 months

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 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 20019023.933.20$215
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 2000134026.889.12$3,602
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 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 2000176025.272.48$4,448
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 1999174020.982.80$3,651
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 1999170017.892.37$3,041
Jun 1999172015.942.36$2,742
May 19990015.792.32$0
Apr 1999171015.102.21$2,582
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 1999172010.381.90$1,785
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 1998101012.622.21$1,275
Apr 19980013.042.51$0
Mar 1998170012.802.31$2,176
Feb 19980013.952.30$0
Jan 1998171014.702.15$2,514
Dec 1997347016.322.41$5,663
Nov 1997185018.193.09$3,365
Oct 19970019.253.15$0
Sep 19970017.742.95$0
Aug 1997180017.862.55$3,215
Jul 1997179017.582.25$3,147
Jun 1997180017.242.26$3,103
May 1997181018.972.31$3,434
Apr 1997178017.882.08$3,183
Mar 1997178018.951.94$3,373
Feb 1997185020.492.21$3,791
Jan 19970023.483.54$0
Dec 1996182023.32$4,244
Nov 19960021.97$0
Oct 1996173023.31$4,033
Sep 1996178022.22$3,955
Aug 1996169020.26$3,424
Jul 1996186019.55$3,636
Jun 1996181018.73$3,390
May 19960019.43$0
Apr 19960021.51$0
Mar 19960019.38$0
Feb 19960016.98$0
Jan 199678017.07$1,331
Dec 199560017.19$1,031
Nov 199579016.00$1,264
Oct 1995132015.43$2,037
Sep 19950016.18$0
Aug 19950015.92$0
Jul 19950015.24$0
Jun 19950016.41$0
May 19950017.56$0
Apr 19950017.73$0
Mar 19958016.44$132
Feb 19955016.58$83
Jan 1995173015.92$2,754
Dec 19945015.03$75
Nov 1994189015.90$3,005
Oct 1994170015.58$2,649
Sep 19940115.29$0
Aug 19940116.13$0
Jul 19940117.56$0
Jun 19941117.09$17
May 19940115.88$0
Apr 1994160114.14$2,262
Mar 1994165112.46$2,056
Feb 19941112.50$13
Jan 19941112.66$13
Dec 1993174112.33$2,145
Nov 19933114.49$43
Oct 19931115.85$16
Sep 1993168115.03$2,525
Aug 19931115.66$16
Jul 1993176115.46$2,721
Jun 19930116.79$0
May 19932117.68$35
Apr 1993160118.05$2,888
Mar 19933118.14$54
Feb 1993169117.90$3,025
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.

Jul 2001 — as filed, then multipliedworked
Oil                    9 bbl  × $ 23.93 =       $215
Casinghead gas         0 Mcf  × $  3.20 =         $0

────────────────────────────────────────────────────
Month total                                     $215

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/28311 is the state's own key, not one this site invented.