DAGGETT, W. H. B-1

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

Oil lease lease 30761District 09Field 65280200OilCasinghead gasSaveExport
Value, all time
$4.9 M
Nov 2006 – Dec 2009
Value, last 12 filed months
$241 k
at the published price for each month
Months reported
38
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 21,881 leases and 22,468 wells, and the rule below applies to all of them.

Discovered
1981-10-15
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2009-09-29.

The Commission's schedule remark for this field reads: DESIGNATED AS UFT FIELD PER DOCKET 01-0299858

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
OilDisposition12,788 bbl$914,835
Casinghead gasProduction519,422 Mcf$3,985,905
Total$4,900,741

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 33.1718, -97.6454. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.17183, -97.64544 · 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
7,158 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 7,158 ft.

Completions filed
Nov 2006
1 of 1 wells

1 well

42-497360951H7,158 ftNov 2006Yes

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 (38)

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

38 months

Dec 20090071.445.48$0
Nov 20090074.593.75$0
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 2009122046.773.59$5,706
Mar 200935414,65642.144.06$74,406
Feb 200918213,40932.814.63$68,095
Jan 200935414,88535.865.37$92,642
Dec 200818215,43637.105.98$99,015
Nov 200835715,19955.496.86$124,081
Oct 200835116,44575.246.92$140,241
Sep 200835212,905101.767.88$137,473
Aug 200818116,472114.228.48$160,406
Jul 200835313,585131.0811.39$200,997
Jun 200814815,889131.3313.03$226,512
May 200834915,603123.1711.57$223,580
Apr 200816215,661110.3110.45$181,604
Mar 200808,238101.909.66$79,613
Feb 200835318,63492.538.77$196,094
Jan 200851721,38290.388.21$222,181
Dec 200735722,10788.337.30$192,958
Nov 200754022,26091.677.29$211,815
Oct 200752023,57082.856.92$206,233
Sep 200749824,05075.846.24$187,940
Aug 200767626,10669.066.39$213,448
Jul 200766427,83770.906.39$224,899
Jun 200788028,08062.007.55$266,520
May 20071,03129,22758.747.85$289,884
Apr 20071,05229,01259.617.81$289,154
Mar 20071,37826,57956.927.30$272,515
Feb 200787532,19555.108.22$312,727
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$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.

Apr 2009 — as filed, then multipliedworked
Oil                  122 bbl  × $ 46.77 =     $5,706
Casinghead gas         0 Mcf  × $  3.59 =         $0

────────────────────────────────────────────────────
Month total                                   $5,706

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/30761 is the state's own key, not one this site invented.