STEEDMAN, S. D.

Operated by JETTA OPERATING COMPANY, INC. (P-5 432283) in the BIG MINERAL CREEK (VIOLA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 31599District 09Field 07988470OilCasinghead gasSaveExport
Value, all time
$1.3 M
May 2010 – Jun 2015
Value, last 12 filed months
$51 k
at the published price for each month
Months reported
62
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 32 leases and 38 wells, and the rule below applies to all of them.

Discovered
2000-08-10
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 40 acres. The field rule took effect on 2010-08-01.

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 02/01/2011.

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
OilDisposition12,428 bbl$1,056,339
Casinghead gasProduction58,464 Mcf$230,411
Total$1,286,750

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 33.7239, -96.7814. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.72388, -96.78137 · 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
9,000 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 9,000 ft.

Completions filed
Apr 2018
1 of 1 wells

1 well

42-1810168619,000 ftApr 2018Yes

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 (62)

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

62 months

Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 201554049.822.71$2,690
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 201416243378.303.90$14,374
Sep 201415949786.164.05$15,710
Aug 201415948589.394.04$16,170
Jul 2014052796.564.18$2,203
Jun 201415951398.164.74$18,037
May 201416052094.734.73$17,615
Apr 201416350795.944.81$18,076
Mar 2014052495.895.06$2,650
Feb 201416647897.406.19$19,128
Jan 201415453590.404.86$16,522
Dec 201317354291.824.35$18,245
Nov 2013053688.853.74$2,004
Oct 201316255497.423.78$17,876
Sep 2013162557104.113.72$18,937
Aug 20130606104.253.52$2,135
Jul 2013155625102.523.72$18,214
Jun 201316961994.403.93$18,388
May 201316264394.834.15$18,030
Apr 201316962793.964.28$18,564
Mar 201315365593.623.91$16,887
Feb 2013058591.233.42$2,001
Jan 201316662091.603.42$17,326
Dec 201215769586.773.42$16,000
Nov 201216069786.953.62$16,439
Oct 201216275589.383.40$17,046
Sep 2012074994.672.92$2,186
Aug 201216574892.662.91$17,464
Jul 201216276485.133.02$16,099
Jun 201216176079.822.52$14,765
May 201215479191.612.49$16,076
Apr 2012319769101.652.00$33,962
Mar 2012164848105.052.22$19,113
Feb 2012167824101.102.57$19,002
Jan 201216591298.092.73$18,678
Dec 201132694996.873.24$34,654
Nov 201133496895.723.31$35,176
Oct 2011078484.983.65$2,860
Sep 201116587883.623.99$17,297
Aug 20111661,00783.404.15$18,023
Jul 20113521,01794.144.52$37,731
Jun 201118098492.904.64$21,288
May 20111811,04698.134.40$22,369
Apr 20111791,086105.964.33$23,673
Mar 20113631,16996.364.06$39,722
Feb 201101,07185.644.18$4,477
Jan 20111781,46886.504.59$22,133
Dec 20102852,39885.734.35$34,859
Nov 20103593,14580.843.80$40,958
Oct 20103574,46978.103.51$43,563
Sep 20105432,45572.633.98$49,208
Aug 20105401,25873.684.42$45,347
Jul 20103581,08672.554.74$31,117
Jun 20107133,77470.364.91$68,699
May 20102,1065,95271.124.24$174,987

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 2015 — as filed, then multipliedworked
Oil                   54 bbl  × $ 49.82 =     $2,690
Casinghead gas         0 Mcf  × $  2.71 =         $0

────────────────────────────────────────────────────
Month total                                   $2,690

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/31599 is the state's own key, not one this site invented.