RIGGS, J.C.

Operated by MERIT ENERGY COMPANY (P-5 561136) in the RIGGS (CONGLOMERATE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 29002District 09Field 76684400OilCasinghead gasSaveExport
Value, all time
$1.0 M
Jul 1995 – Sep 2014
Value, last 12 filed months
$3 k
at the published price for each month
Months reported
231
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 20 leases and 21 wells, and the rule below applies to all of them.

Discovered
1950-09-19
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: DGL 2500 MCF

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
OilDisposition13,873 bbl$590,207
Casinghead gasProduction95,699 Mcf$424,760
Total$1,014,967

13,053 Mcf of this lease's gas, across 18 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 33.2668, -98.0596. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.26684, -98.05955 · 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
5,561 ft
1 wells filed one
Completion to plug
58.8 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 5,561 ft.

Completions filed
May 1955
1 of 1 wells
Plug dates filed
Feb 2014
1 of 1 wells

Last completion to plug: a median of 58.8 years across the 1 well that filed both dates, with the middle half between 58.8 years and 58.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2370212825,561 ftMay 1955Feb 2014Yes

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 (231)

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

231 months

Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 201326097.423.78$2,533
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 2012117098.092.73$11,477
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 2011032583.404.15$1,349
Jul 2011049394.144.52$2,227
Jun 201117158892.904.64$18,614
May 2011045998.134.40$2,022
Apr 20110527105.964.33$2,284
Mar 201117559696.364.06$19,281
Feb 2011046685.644.18$1,948
Jan 201117555986.504.59$17,703
Dec 2010033985.734.35$1,474
Nov 2010031080.843.80$1,177
Oct 201018340078.103.51$15,696
Sep 2010037372.633.98$1,484
Aug 2010052873.684.42$2,333
Jul 201017152372.554.74$14,883
Jun 2010058670.364.91$2,877
May 2010062171.124.24$2,630
Apr 201017960381.694.12$17,108
Mar 2010065778.394.39$2,883
Feb 201017655873.585.44$15,987
Jan 2010041574.365.96$2,475
Dec 200918149171.445.48$15,623
Nov 2009057674.593.75$2,161
Oct 200917967572.544.11$15,759
Sep 2009055665.543.06$1,704
Aug 200917857467.423.22$13,848
Jul 2009055361.133.46$1,916
Jun 200907266.163.90$280
May 20097132454.743.93$5,158
Apr 2009042646.773.59$1,528
Mar 200917944342.144.06$9,341
Feb 2009038832.814.63$1,798
Jan 200918043035.865.37$8,764
Dec 2008040537.105.98$2,421
Nov 2008038855.496.86$2,662
Oct 200817535675.246.92$15,631
Sep 20080375101.767.88$2,954
Aug 20080435114.228.48$3,690
Jul 20080446131.0811.39$5,080
Jun 2008178452131.3313.03$29,267
May 20080461123.1711.57$5,336
Apr 2008176497110.3110.45$24,611
Mar 20080561101.909.66$5,422
Feb 2008042192.538.77$3,692
Jan 200817744790.388.21$19,665
Dec 2007051788.337.30$3,775
Nov 200717749491.677.29$19,828
Oct 2007048282.856.92$3,336
Sep 2007050575.846.24$3,153
Aug 200718153869.066.39$15,937
Jul 2007054770.906.39$3,494
Jun 200717652862.007.55$14,898
May 2007051158.747.85$4,009
Apr 2007052659.617.81$4,106
Mar 200718055056.927.30$14,262
Feb 20070055.108.22$0
Jan 200717550250.306.73$12,179
Dec 2006046856.656.92$3,238
Nov 200618552154.207.62$13,996
Oct 2006054954.906.01$3,302
Sep 2006052260.085.04$2,629
Aug 200618142168.717.34$15,527
Jul 20065357569.376.34$7,324
Jun 2006651566.286.38$3,685
May 2006454166.016.42$3,740
Apr 200618051864.397.36$15,403
Mar 2006656356.707.08$4,328
Feb 200617951257.597.75$14,277
Jan 2006057960.598.93$5,172
Dec 200524353754.9413.42$20,554
Nov 2005059754.6910.59$6,321
Oct 2005059858.3413.80$8,250
Sep 200517958161.4512.08$18,017
Aug 2005060261.519.80$5,898
Jul 200517261855.697.84$14,426
Jun 2005256252.337.38$4,253
May 200517265445.226.65$12,128
Apr 200517658749.207.36$12,980
Mar 200502050.377.15$143
Feb 2005043645.226.31$2,752
Jan 200508743.166.32$550
Dec 2004019639.866.75$1,323
Nov 2004032645.286.33$2,064
Oct 2004046349.706.52$3,016
Sep 2004186043.245.28$8,043
Aug 2004243142.375.55$2,477
Jul 200417246338.286.08$9,401
Jun 2004243836.106.43$2,890
May 2004249837.486.49$3,309
Apr 200418446734.475.86$9,078
Mar 200417647834.365.53$8,691
Feb 2004242332.455.51$2,395
Jan 2004266632.036.30$4,260
Dec 200317649930.266.30$8,470
Nov 2003049028.804.60$2,252
Oct 200317648128.174.76$7,247
Sep 2003049526.314.75$2,351
Aug 200318054829.765.13$8,168
Jul 200321,79329.415.17$9,330
Jun 2003055128.565.98$3,297
May 200318355026.595.97$8,151
Apr 2003051926.675.41$2,806
Mar 200317948831.146.10$8,549
Feb 2003046933.487.93$3,717
Jan 200317854230.315.58$8,421
Dec 2002057526.914.85$2,791
Nov 200217850424.664.14$6,475
Oct 2002061426.464.23$2,597
Sep 2002043327.443.64$1,574
Aug 200217561925.963.16$6,502
Jul 2002065424.583.06$2,002
Jun 200218565623.733.34$6,580
May 2002074424.663.58$2,667
Apr 200218185223.653.51$7,273
Mar 2002028222.003.10$875
Feb 200218018.222.38$208
Jan 200208217.172.38$195
Dec 2001016616.932.36$392
Nov 20011793218.072.41$3,312
Oct 2001065719.782.53$1,661
Sep 200118052524.262.25$5,549
Aug 20010024.873.05$0
Jul 2001068723.933.20$2,196
Jun 200118457224.563.82$6,706
May 200118638925.524.31$6,422
Apr 2001026324.685.34$1,403
Mar 2001011424.545.38$613
Feb 2001010627.755.77$611
Jan 2001016627.478.40$1,394
Dec 2000042326.889.12$3,859
Nov 200017843332.215.66$8,183
Oct 2000045331.235.15$2,331
Sep 200018546731.875.19$8,318
Aug 2000058129.644.54$2,638
Jul 2000059828.534.09$2,446
Jun 200018953429.304.40$7,886
May 2000061727.263.68$2,270
Apr 200019036624.513.12$5,797
Mar 2000043628.422.86$1,247
Feb 200019238527.622.73$6,353
Jan 2000047625.272.48$1,181
Dec 1999042924.282.42$1,040
Nov 199918958723.192.43$5,812
Oct 199918157920.982.80$5,421
Sep 1999026621.752.62$697
Aug 19990019.262.88$0
Jul 1999015217.892.37$361
Jun 19995043215.942.36$1,817
May 199918743015.792.32$3,951
Apr 1999040115.102.21$885
Mar 199919743012.471.84$3,247
Feb 199902829.981.82$513
Jan 1999043810.381.90$832
Dec 19983464529.201.77$3,985
Nov 1998053610.892.19$1,172
Oct 1998036312.421.97$715
Sep 19980612.592.08$13
Aug 1998044911.301.91$856
Jul 199837444111.742.24$5,377
Jun 1998040011.242.24$895
May 1998042712.622.21$942
Apr 1998040113.042.51$1,005
Mar 1998041012.802.31$947
Feb 199836635513.952.30$5,922
Jan 1998043014.702.15$927
Dec 1997043316.322.41$1,044
Nov 1997051118.193.09$1,578
Oct 199718855319.253.15$5,361
Sep 1997063017.742.95$1,862
Aug 1997047317.862.55$1,208
Jul 199719569217.582.25$4,983
Jun 1997067717.242.26$1,528
May 1997060318.972.31$1,392
Apr 199717664817.882.08$4,497
Mar 1997070118.951.94$1,359
Feb 199736961520.492.21$8,917
Jan 1997065823.483.54$2,329
Dec 1996072923.32$0
Nov 199617870221.97$3,911
Oct 1996074523.31$0
Sep 199617878622.22$3,955
Aug 1996085120.26$0
Jul 199617876619.55$3,480
Jun 1996065918.73$0
May 199616986619.43$3,284
Apr 1996083121.51$0
Mar 1996079019.38$0
Feb 199632467816.98$5,502
Jan 1996071517.07$0
Dec 19950117.19$0
Nov 1995061916.00$0
Oct 199516980415.43$2,608
Sep 1995074416.18$0
Aug 1995086815.92$0
Jul 1995089915.24$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.

Oct 2013 — as filed, then multipliedworked
Oil                   26 bbl  × $ 97.42 =     $2,533
Casinghead gas         0 Mcf  × $  3.78 =         $0

────────────────────────────────────────────────────
Month total                                   $2,533

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/29002 is the state's own key, not one this site invented.