AUSTIN C

Operated by SAND SPRINGS OIL & GAS CO. (P-5 747175) in the WALNUT BEND, SW. (OIL CREEK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 29624District 09Field 94918400OilSaveExport
Value, all time
$743 k
Feb 1999 – Feb 2004
Value, last 12 filed months
$64 k
at the published price for each month
Months reported
61
no gaps in the span
Streams
1
oil

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 1 leases and 1 wells, and the rule below applies to all of them.

Discovered
1959-08-21
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
OilDisposition30,788 bbl$743,198
Total$743,198

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 33.7386, -97.0704. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.73858, -97.07035 · 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
6,050 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 6,050 ft.

Completions filed
Jul 2003
1 of 1 wells

1 well

42-0973347216,050 ftJul 2003Yes

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 (61)

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

61 months

Feb 2004032.455.51$0
Jan 2004032.036.30$0
Dec 2003030.266.30$0
Nov 2003028.804.60$0
Oct 2003028.174.76$0
Sep 2003026.314.75$0
Aug 200330729.765.13$9,136
Jul 200387429.415.17$25,704
Jun 200333528.565.98$9,568
May 200316726.595.97$4,441
Apr 200316726.675.41$4,454
Mar 200333531.146.10$10,432
Feb 2003033.487.93$0
Jan 200333830.315.58$10,245
Dec 200216726.914.85$4,494
Nov 200216624.664.14$4,094
Oct 200216526.464.23$4,366
Sep 200217027.443.64$4,665
Aug 200216325.963.16$4,231
Jul 200234624.583.06$8,505
Jun 200217123.733.34$4,058
May 200217224.663.58$4,242
Apr 200233323.653.51$7,875
Mar 200216422.003.10$3,608
Feb 200217418.222.38$3,170
Jan 200235217.172.38$6,044
Dec 200116916.932.36$2,861
Nov 200135018.072.41$6,325
Oct 200133419.782.53$6,607
Sep 200138224.262.25$9,267
Aug 200118924.873.05$4,700
Jul 200154923.933.20$13,138
Jun 200137024.563.82$9,087
May 200157125.524.31$14,572
Apr 200156824.685.34$14,018
Mar 200137024.545.38$9,080
Feb 200135327.755.77$9,796
Jan 200176027.478.40$20,877
Dec 200054626.889.12$14,676
Nov 200057332.215.66$18,456
Oct 200057331.235.15$17,895
Sep 200055631.875.19$17,720
Aug 200094429.644.54$27,980
Jul 200074328.534.09$21,198
Jun 20001,14429.304.40$33,519
May 20001,14327.263.68$31,158
Apr 20001,13924.513.12$27,917
Mar 200095628.422.86$27,170
Feb 20001,31727.622.73$36,376
Jan 200092725.272.48$23,425
Dec 19991,16224.282.42$28,213
Nov 19991,06023.192.43$24,581
Oct 19991,14120.982.80$23,938
Sep 19991,30821.752.62$28,449
Aug 199984419.262.88$16,255
Jul 199968117.892.37$12,183
Jun 19991,02615.942.36$16,354
May 199983115.792.32$13,121
Apr 199984815.102.21$12,805
Mar 19991,29512.471.84$16,149
Feb 199909.981.82$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                  307 bbl  × $ 29.76 =     $9,136

────────────────────────────────────────────────────
Month total                                   $9,136

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/29624 is the state's own key, not one this site invented.