FARMER #3

Operated by S.B. STREET OPERATING, INC. (P-5 740251) in the CARGIF (STRAWN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 29039District 09Field 15647500OilCasinghead gasSaveExport
Value, all time
$467 k
Nov 1995 – Jan 2010
Value, last 12 filed months
$4 k
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 6 leases and 15 wells, and the rule below applies to all of them.

Discovered
1959-04-27
as the register files it
Field class
Oil
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
OilDisposition22,881 bbl$444,717
Casinghead gasProduction4,910 Mcf$22,778
Total$467,495

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 33.3860, -98.5311. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.38603, -98.53112 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
3,853 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
00.0%
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.
1100.0%

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 3,853 ft.

Completions filed
Jul 1995
1 of 1 wells

1 well

42-5034064433,853 ftJul 1995

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

Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 200932074.593.75$2,387
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 200939046.773.59$1,824
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
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 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 200401434.475.86$82
Mar 200401034.365.53$55
Feb 200401932.455.51$105
Jan 20041662232.036.30$5,456
Dec 200302130.266.30$132
Nov 200301528.804.60$69
Oct 200301028.174.76$48
Sep 200304326.314.75$204
Aug 200303629.765.13$185
Jul 200305029.415.17$259
Jun 20031765628.565.98$5,362
May 200305926.595.97$352
Apr 200309026.675.41$487
Mar 20031837631.146.10$6,162
Feb 200304933.487.93$388
Jan 2003624430.315.58$2,125
Dec 2002365126.914.85$1,216
Nov 2002558624.664.14$1,712
Oct 2002744226.464.23$2,136
Sep 200208027.443.64$291
Aug 20021759525.963.16$4,844
Jul 200209624.583.06$294
Jun 20021744723.733.34$4,286
May 200204924.663.58$176
Apr 200208523.653.51$299
Mar 20021777622.003.10$4,130
Feb 2002015618.222.38$371
Jan 200217610017.172.38$3,259
Dec 2001010516.932.36$248
Nov 200117212818.072.41$3,416
Oct 2001010319.782.53$260
Sep 20011654624.262.25$4,106
Aug 200107824.873.05$238
Jul 200117219323.933.20$4,733
Jun 2001011524.563.82$440
May 200116213125.524.31$4,699
Apr 200118037724.685.34$6,454
Mar 2001040624.545.38$2,183
Feb 200118311027.755.77$5,713
Jan 2001016727.478.40$1,403
Dec 2000018026.889.12$1,642
Nov 200018817832.215.66$7,063
Oct 200018612331.235.15$6,442
Sep 2000012831.875.19$664
Aug 200018815729.644.54$6,285
Jul 200018817428.534.09$6,075
Jun 2000015429.304.40$677
May 200018728027.263.68$6,128
Apr 2000186024.513.12$4,559
Mar 20000028.422.86$0
Feb 2000185027.622.73$5,110
Jan 2000189025.272.48$4,776
Dec 1999189024.282.42$4,589
Nov 19990023.192.43$0
Oct 1999181020.982.80$3,797
Sep 1999175021.752.62$3,806
Aug 1999185019.262.88$3,563
Jul 1999182017.892.37$3,256
Jun 19990015.942.36$0
May 1999167015.792.32$2,637
Apr 1999187015.102.21$2,824
Mar 1999187012.471.84$2,332
Feb 199918309.981.82$1,826
Jan 1999187010.381.90$1,941
Dec 199814709.201.77$1,352
Nov 1998370010.892.19$4,029
Oct 1998185012.421.97$2,298
Sep 1998185012.592.08$2,329
Aug 1998187011.301.91$2,113
Jul 1998371011.742.24$4,356
Jun 1998186011.242.24$2,091
May 1998373012.622.21$4,707
Apr 1998371013.042.51$4,838
Mar 1998191012.802.31$2,445
Feb 1998380013.952.30$5,301
Jan 1998375014.702.15$5,513
Dec 1997377016.322.41$6,153
Nov 1997378018.193.09$6,876
Oct 1997556019.253.15$10,703
Sep 1997368017.742.95$6,528
Aug 1997372017.862.55$6,644
Jul 1997507017.582.25$8,913
Jun 1997368017.242.26$6,344
May 1997556018.972.31$10,547
Apr 1997544017.882.08$9,727
Mar 1997560018.951.94$10,612
Feb 1997362020.492.21$7,417
Jan 1997561023.483.54$13,172
Dec 1996559023.32$13,036
Nov 1996374021.97$8,217
Oct 1996555023.31$12,937
Sep 1996559022.22$12,421
Aug 1996541020.26$10,961
Jul 1996735019.55$14,369
Jun 1996557018.73$10,433
May 1996546019.43$10,609
Apr 1996555021.51$11,938
Mar 1996563019.38$10,911
Feb 1996560016.98$9,509
Jan 1996753017.07$12,854
Dec 1995568017.19$9,764
Nov 1995747016.00$11,952

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 2009 — as filed, then multipliedworked
Oil                   32 bbl  × $ 74.59 =     $2,387
Casinghead gas         0 Mcf  × $  3.75 =         $0

────────────────────────────────────────────────────
Month total                                   $2,387

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/29039 is the state's own key, not one this site invented.