LEACH, E. A.

Operated by MILES PRODUCTION CO. (P-5 567000) in the LOST VALLEY (CADDO) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 28805District 09Field 55050333OilCasinghead gasSaveExport
Value, all time
$680 k
Jun 1994 – Mar 2004
Value, last 12 filed months
$1 k
at the published price for each month
Months reported
118
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 62 leases and 99 wells, and the rule below applies to all of them.

Discovered
1971-12-30
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 1997-10-01.

The Commission's schedule remark for this field reads: PSEUDO RULES BUILT TO ACCOMMODATE MITCHELL'S HORIZ. WELL

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
OilDisposition29,041 bbl$496,130
Casinghead gasProduction96,608 Mcf$183,593
Total$679,723

36,590 Mcf of this lease's gas, across 31 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 33.3331, -98.3668. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

33.33308, -98.36684 · 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
5,040 ft
2 wells filed one
Completion to plug
7.2 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 4,999 and 5,080 ft, median 5,040 ft, over the 2 wells that filed a depth.

Completions filed
Apr 1995 – Oct 1998
2 of 2 wells
Plug dates filed
Mar 2004
2 of 2 wells

Last completion to plug: a median of 7.2 years across the 2 wells that filed both dates, with the middle half between 6.3 years and 8.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-2373810315,080 ftOct 1998Mar 2004Yes
42-2373814424,999 ftApr 1995Mar 2004Yes

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 (118)

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

118 months

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 200340029.765.13$1,190
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 200308731.146.10$530
Feb 2003014333.487.93$1,133
Jan 2003015930.315.58$888
Dec 2002019626.914.85$951
Nov 2002019124.664.14$790
Oct 200215725426.464.23$5,228
Sep 2002026427.443.64$960
Aug 2002028725.963.16$908
Jul 2002031124.583.06$952
Jun 2002031223.733.34$1,042
May 2002031224.663.58$1,118
Apr 2002033923.653.51$1,191
Mar 2002034722.003.10$1,077
Feb 20028834018.222.38$2,411
Jan 2002035917.172.38$853
Dec 2001041716.932.36$986
Nov 2001044618.072.41$1,073
Oct 2001051819.782.53$1,310
Sep 2001054724.262.25$1,231
Aug 2001065024.873.05$1,985
Jul 200110065223.933.20$4,478
Jun 2001068724.563.82$2,627
May 2001059625.524.31$2,567
Apr 2001264924.685.34$3,512
Mar 2001071024.545.38$3,817
Feb 2001060627.755.77$3,495
Jan 200198027.478.40$2,692
Dec 2000082226.889.12$7,499
Nov 2000085732.215.66$4,849
Oct 2000495731.235.15$5,049
Sep 200001,02831.875.19$5,332
Aug 200011,07529.644.54$4,911
Jul 2000084528.534.09$3,456
Jun 20008292329.304.40$6,461
May 200001,39827.263.68$5,144
Apr 200001,32824.513.12$4,138
Mar 200001,45628.422.86$4,164
Feb 2000951,53027.622.73$6,795
Jan 200001,58725.272.48$3,937
Dec 199901,52224.282.42$3,689
Nov 1999831,33923.192.43$5,184
Oct 199901,42720.982.80$4,001
Sep 19993288321.752.62$3,008
Aug 19990019.262.88$0
Jul 1999101,08717.892.37$2,758
Jun 1999841,02915.942.36$3,770
May 1999057615.792.32$1,337
Apr 19995061515.102.21$2,113
Mar 199968012.471.84$848
Feb 1999875489.981.82$1,864
Jan 199918565910.381.90$3,172
Dec 199830009.201.77$2,760
Nov 199810075110.892.19$2,730
Oct 199836377912.421.97$6,042
Sep 199854385712.592.08$8,621
Aug 1998083111.301.91$1,585
Jul 19983591,10611.742.24$6,689
Jun 19981841,09411.242.24$4,516
May 19981781,42512.622.21$5,390
Apr 19983691,53513.042.51$8,657
Mar 19985391,67512.802.31$10,768
Feb 19983681,34813.952.30$8,233
Jan 19985561,63014.702.15$11,686
Dec 19977411,82316.322.41$16,489
Nov 19975491,59918.193.09$14,924
Oct 19978881,86819.253.15$22,978
Sep 19978972,57817.742.95$23,530
Aug 199735694917.862.55$8,783
Jul 199718522017.582.25$3,747
Jun 1997030917.242.26$697
May 199735655218.972.31$8,028
Apr 1997071717.882.08$1,493
Mar 199736970618.951.94$8,362
Feb 199718472720.492.21$5,374
Jan 19973761,06923.483.54$12,612
Dec 19963621,18623.32$8,442
Nov 19961881,38221.97$4,130
Oct 19968722,42523.31$20,326
Sep 19961811,60122.22$4,022
Aug 19963621,32320.26$7,334
Jul 19963711,12419.55$7,253
Jun 19963621,03418.73$6,780
May 19965391,24219.43$10,473
Apr 19963741,03821.51$8,045
Mar 19963631,25419.38$7,035
Feb 19967431,33916.98$12,616
Jan 19966281,07617.07$10,720
Dec 199556392417.19$9,678
Nov 199553899516.00$8,608
Oct 19957441,08115.43$11,480
Sep 19955321,18816.18$8,608
Aug 19958941,52115.92$14,232
Jul 19957201,80615.24$10,973
Jun 19951,3642,05716.41$22,383
May 19951,8331,71717.56$32,187
Apr 19955111,31317.73$9,060
Mar 19955371,12316.44$8,828
Feb 19953711,24616.58$6,151
Jan 19955411,04715.92$8,613
Dec 199436587415.03$5,486
Nov 19948881,01515.90$14,119
Oct 199477061415.58$11,997
Sep 199470962415.29$10,841
Aug 199490862216.13$14,646
Jul 199488279817.56$15,488
Jun 19940117.09$0

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 2003 — as filed, then multipliedworked
Oil                   40 bbl  × $ 29.76 =     $1,190
Casinghead gas         0 Mcf  × $  5.13 =         $0

────────────────────────────────────────────────────
Month total                                   $1,190

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/28805 is the state's own key, not one this site invented.