CRAFT, J. D. TWB UNIT

Operated by MERIT ENERGY COMPANY (P-5 561136) 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 28766District 09Field 15463184OilCasinghead gasSaveExport
Value, all time
$376 k
Apr 1994 – Jun 2008
Value, last 12 filed months
$0
at the published price for each month
Months reported
171
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
OilDisposition14,114 bbl$240,017
Casinghead gasProduction353,673 Mcf$136,272
Total$376,289

309,186 Mcf of this lease's gas, across 32 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 33.1597, -97.8968. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.15968, -97.89681 · 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
0.0%
0 of 1 wells
Median depth
5,800 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 5,800 ft.

Completions filed
Oct 1994
1 of 1 wells

1 well

42-4973385935,800 ftOct 1994Yes

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 (171)

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

171 months

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 20068069.376.34$555
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 20051052.337.38$52
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 200520045.226.31$904
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 200495034.475.86$3,275
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 2003025326.314.75$1,202
Aug 2003029829.765.13$1,529
Jul 2003027329.415.17$1,412
Jun 2003029128.565.98$1,741
May 2003027226.595.97$1,625
Apr 2003023226.675.41$1,254
Mar 2003022331.146.10$1,359
Feb 2003020533.487.93$1,625
Jan 2003018730.315.58$1,044
Dec 2002031326.914.85$1,519
Nov 200217826424.664.14$5,482
Oct 2002042926.464.23$1,814
Sep 2002026727.443.64$971
Aug 2002037125.963.16$1,174
Jul 2002042024.583.06$1,286
Jun 2002038523.733.34$1,285
May 2002027924.663.58$1,000
Apr 2002028423.653.51$998
Mar 200216128722.003.10$4,432
Feb 2002026218.222.38$622
Jan 2002029417.172.38$698
Dec 2001029716.932.36$702
Nov 200102118.072.41$51
Oct 2001040419.782.53$1,022
Sep 2001071024.262.25$1,598
Aug 2001036724.873.05$1,121
Jul 2001042023.933.20$1,343
Jun 2001042724.563.82$1,633
May 2001031025.524.31$1,335
Apr 2001020024.685.34$1,067
Mar 200116827524.545.38$5,601
Feb 2001028327.755.77$1,632
Jan 2001038527.478.40$3,234
Dec 2000038526.889.12$3,512
Nov 200017952032.215.66$8,708
Oct 2000053231.235.15$2,737
Sep 2000049131.875.19$2,547
Aug 2000055629.644.54$2,525
Jul 2000047228.534.09$1,930
Jun 200017844829.304.40$7,185
May 2000043527.263.68$1,601
Apr 2000061524.513.12$1,916
Mar 2000066528.422.86$1,902
Feb 2000051727.622.73$1,410
Jan 2000041725.272.48$1,034
Dec 199918020124.282.42$4,858
Nov 1999053923.192.43$1,312
Oct 1999075820.982.80$2,125
Sep 1999075221.752.62$1,969
Aug 1999068119.262.88$1,958
Jul 1999070117.892.37$1,663
Jun 199918070815.942.36$4,542
May 1999038215.792.32$887
Apr 1999070015.102.21$1,546
Mar 1999060212.471.84$1,107
Feb 19991905169.981.82$2,834
Jan 1999043410.381.90$825
Dec 199804529.201.77$802
Nov 1998065310.892.19$1,427
Oct 1998074712.421.97$1,471
Sep 199818781512.592.08$4,052
Aug 1998067211.301.91$1,282
Jul 1998071911.742.24$1,609
Jun 1998062111.242.24$1,389
May 1998065212.622.21$1,439
Apr 19989357813.042.51$2,661
Mar 199818669412.802.31$3,984
Feb 1998069613.952.30$1,600
Jan 1998090414.702.15$1,948
Dec 1997084516.322.41$2,037
Nov 199718480718.193.09$5,839
Oct 1997095019.253.15$2,992
Sep 1997092017.742.95$2,718
Aug 199701,16017.862.55$2,964
Jul 19971811,34417.582.25$6,202
Jun 1997093117.242.26$2,101
May 199701,04418.972.31$2,410
Apr 19971821,07617.882.08$5,495
Mar 199701,00818.951.94$1,955
Feb 199701,35420.492.21$2,987
Jan 19971791,63023.483.54$9,973
Dec 199601,64723.32$0
Nov 199601,77121.97$0
Oct 19961781,98323.31$4,149
Sep 199602,05622.22$0
Aug 19961832,25820.26$3,708
Jul 199602,51119.55$0
Jun 199602,62418.73$0
May 19961873,31119.43$3,633
Apr 199603,54121.51$0
Mar 19961863,89119.38$3,605
Feb 199603,46916.98$0
Jan 199603,23117.07$0
Dec 1995192017.19$3,300
Nov 199504,10116.00$0
Oct 199503,26215.43$0
Sep 19951815,07716.18$2,929
Aug 199507,53215.92$0
Jul 199518810,44015.24$2,865
Jun 1995013,41016.41$0
May 199536719,69817.56$6,445
Apr 199518223,42517.73$3,227
Mar 199536724,42616.44$6,033
Feb 1995020,72016.58$0
Jan 199518228,27315.92$2,897
Dec 1994023,33915.03$0
Nov 1994027,03215.90$0
Oct 1994018,94815.58$0
Sep 19943172,95315.29$4,847
Aug 199417613,24916.13$2,839
Jul 199471814,94617.56$12,608
Jun 19941,5999,25817.09$27,327
May 19943,0544,27615.88$48,498
Apr 19943,1272,52814.14$44,216

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 2006 — as filed, then multipliedworked
Oil                    8 bbl  × $ 69.37 =       $555
Casinghead gas         0 Mcf  × $  6.34 =         $0

────────────────────────────────────────────────────
Month total                                     $555

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/28766 is the state's own key, not one this site invented.