CANTWELL

Operated by BANDERA EXPLORATION COMPANY (P-5 48379) in the BANDERA-LILA-LYN (VIOLA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 29008District 09Field 05430438OilCasinghead gasSaveExport
Value, all time
$439 k
Jun 1995 – Mar 2000
Value, last 12 filed months
$0
at the published price for each month
Months reported
58
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 5 leases and 6 wells, and the rule below applies to all of them.

Discovered
1995-06-19
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: EFFECTIVE 5/1/2019;

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
OilDisposition17,641 bbl$298,244
Casinghead gasProduction133,573 Mcf$140,965
Total$439,209

73,090 Mcf of this lease's gas, across 19 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 33.5795, -97.9038. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.57950, -97.90378 · 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
7,300 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 7,300 ft.

Completions filed
Sep 1998
1 of 1 wells

1 well

42-3373300417,300 ftSep 1998Yes

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 (58)

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

58 months

Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 199830010.892.19$327
Oct 19981,40711,62812.421.97$40,373
Sep 199818054712.592.08$3,405
Aug 19981801,85111.301.91$5,565
Jul 19983321,28911.742.24$6,782
Jun 1998090611.242.24$2,027
May 19984903,24912.622.21$13,352
Apr 19984902,45213.042.51$12,533
Mar 19985322,43012.802.31$12,422
Feb 19983253,21913.952.30$11,935
Jan 19985213,68214.702.15$15,593
Dec 19973333,83516.322.41$14,681
Nov 19975311,79718.193.09$15,208
Oct 19978812,41519.253.15$24,566
Sep 19971761,21017.742.95$6,698
Aug 19972791,79717.862.55$9,574
Jul 19971792,32217.582.25$8,364
Jun 19975342,22317.242.26$14,224
May 19973412,40418.972.31$12,018
Apr 19973552,18817.882.08$10,905
Mar 19975192,69818.951.94$15,067
Feb 19971753,26920.492.21$10,797
Jan 19974863,07223.483.54$22,285
Dec 19963363,40123.32$7,836
Nov 19963532,85021.97$7,755
Oct 19963532,85023.31$8,228
Sep 19963432,24022.22$7,621
Aug 19961761,89420.26$3,566
Jul 199630532919.55$5,963
Jun 199616997318.73$3,165
May 19962851,05519.43$5,538
Apr 19963151,50121.51$6,776
Mar 19963401,50319.38$6,589
Feb 19968622,66016.98$14,637
Jan 19967273,20917.07$12,410
Dec 19953562,23817.19$6,120
Nov 19955413,38816.00$8,656
Oct 19957036,09515.43$10,847
Sep 19956927,86216.18$11,197
Aug 19956939,36515.92$11,033
Jul 199569814,00615.24$10,638
Jun 19951185,67116.41$1,936

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.

Nov 1998 — as filed, then multipliedworked
Oil                   30 bbl  × $ 10.89 =       $327
Casinghead gas         0 Mcf  × $  2.19 =         $0

────────────────────────────────────────────────────
Month total                                     $327

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/29008 is the state's own key, not one this site invented.