MONTAGUE

Operated by WATKINS PRODUCTION COMPANY (P-5 900400) in the EANES (ATOKA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 29415District 09Field 27144125OilCasinghead gasSaveExport
Value, all time
$724 k
Nov 1997 – May 2004
Value, last 12 filed months
$18 k
at the published price for each month
Months reported
79
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 34 leases and 53 wells, and the rule below applies to all of them.

Discovered
1963-10-01
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 40 acres.

The Commission's schedule remark for this field reads: NET GOR RULE 1000 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
OilDisposition20,122 bbl$314,088
Casinghead gasProduction121,323 Mcf$409,624
Total$723,712

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 33.4700, -97.9138. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

33.46999, -97.91380 · 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
6,347 ft
2 wells filed one
Completion to plug
4.2 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 5,862 and 6,832 ft, median 6,347 ft, over the 2 wells that filed a depth.

Completions filed
Nov 1997 – Jan 2002
2 of 2 wells
Plug dates filed
Jan 2004 – Feb 2004
2 of 2 wells

Last completion to plug: a median of 4.2 years across the 2 wells that filed both dates, with the middle half between 3.1 years and 5.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-3373343515,862 ftJan 2002Feb 2004Yes
42-3373318097046,832 ftNov 1997Jan 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 (79)

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

79 months

May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 200486032.455.51$2,791
Jan 20040032.036.30$0
Dec 2003028930.266.30$1,821
Nov 2003031628.804.60$1,452
Oct 2003028028.174.76$1,333
Sep 2003029426.314.75$1,396
Aug 2003034529.765.13$1,770
Jul 20033241629.415.17$3,092
Jun 2003067528.565.98$4,039
May 200301,02426.595.97$6,116
Apr 200301,15226.675.41$6,229
Mar 200316195131.146.10$10,811
Feb 2003095433.487.93$7,561
Jan 200301,17930.315.58$6,581
Dec 200201,14026.914.85$5,533
Nov 2002088424.664.14$3,657
Oct 2002088126.464.23$3,726
Sep 2002090027.443.64$3,272
Aug 20021741,01425.963.16$7,726
Jul 2002090324.583.06$2,765
Jun 200201,00423.733.34$3,352
May 200201,12824.663.58$4,043
Apr 2002088623.653.51$3,112
Mar 200201,09222.003.10$3,388
Feb 200217398418.222.38$5,490
Jan 200201,19117.172.38$2,829
Dec 200101,15516.932.36$2,731
Nov 200101,18418.072.41$2,848
Oct 200101,34219.782.53$3,394
Sep 200101,25124.262.25$2,816
Aug 20012421,33824.873.05$10,104
Jul 200101,35523.933.20$4,332
Jun 200101,42524.563.82$5,449
May 200101,53625.524.31$6,616
Apr 200101,54024.685.34$8,216
Mar 20011751,54024.545.38$12,574
Feb 200101,59627.755.77$9,204
Jan 200101,59727.478.40$13,413
Dec 20001501,91126.889.12$21,465
Nov 200001,91132.215.66$10,812
Oct 200002,10531.235.15$10,831
Sep 20001652,32231.875.19$17,302
Aug 200002,48129.644.54$11,266
Jul 20001823,04528.534.09$17,646
Jun 2000051329.304.40$2,256
May 20002212,99427.263.68$17,042
Apr 200001,65424.513.12$5,154
Mar 20001593,22928.422.86$13,753
Feb 20001733,22927.622.73$13,582
Jan 20001673,86525.272.48$13,807
Dec 19991683,82324.282.42$13,345
Nov 19991734,40723.192.43$14,738
Oct 19991744,73220.982.80$16,918
Sep 19991604,83421.752.62$16,140
Aug 19991736,03119.262.88$20,675
Jul 19993372,47917.892.37$11,910
Jun 19995135,82015.942.36$21,925
May 19991682,17815.792.32$7,708
Apr 19991752,01415.102.21$7,090
Mar 19993521,78812.471.84$7,676
Feb 19993552,0569.981.82$7,280
Jan 19993402,10410.381.90$7,527
Dec 19983382,0379.201.77$6,722
Nov 19985242,56710.892.19$11,317
Oct 19985322,53312.421.97$11,595
Sep 19987001,97912.592.08$12,935
Aug 19985052,07511.301.91$9,664
Jul 19986921,86611.742.24$12,299
Jun 1998861011.242.24$9,678
May 1998955012.622.21$12,052
Apr 19981,206013.042.51$15,726
Mar 19981,702012.802.31$21,786
Feb 19981,371013.952.30$19,125
Jan 19981,866014.702.15$27,430
Dec 19972,198016.322.41$35,871
Nov 19971,324018.193.09$24,084

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.

Feb 2004 — as filed, then multipliedworked
Oil                   86 bbl  × $ 32.45 =     $2,791
Casinghead gas         0 Mcf  × $  5.51 =         $0

────────────────────────────────────────────────────
Month total                                   $2,791

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/29415 is the state's own key, not one this site invented.