MATLOCK

Operated by BEST PETROLEUM EXPLORATIONS,INC. (P-5 68287) in the SOUTHWESTERN (CADDO REEF) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 32191District 09Field 84826500OilCasinghead gasSaveExport
Value, all time
$89 k
Jan 2012 – Dec 2016
Value, last 12 filed months
$399
at the published price for each month
Months reported
60
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 16 leases and 17 wells, and the rule below applies to all of them.

Discovered
1971-01-25
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,320 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 1994-03-01.

The Commission's schedule remark for this field reads: ALLOCATION FORMULA EFFECTIVE 03/01/94.

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
OilDisposition609 bbl$51,943
Casinghead gasProduction10,654 Mcf$36,726
Total$88,669

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 33.2635, -98.2922. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.26351, -98.29225 · 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
100.0%
1 of 1 wells
Median depth
5,433 ft
1 wells filed one
Completion to plug
4.8 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
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 5,433 ft.

Completions filed
Jan 2012
1 of 1 wells
Plug dates filed
Nov 2016
1 of 1 wells

Last completion to plug: a median of 4.8 years across the 1 well that filed both dates, with the middle half between 4.8 years and 4.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2373948815,433 ftJan 2012Nov 2016Yes

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 (60)

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

60 months

Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160741.622.92$20
Jun 201602245.352.69$59
May 201603042.521.99$60
Apr 201602836.561.99$56
Mar 201603133.011.79$56
Feb 201603226.472.06$66
Jan 201603527.352.36$83
Dec 2015210732.362.00$279
Nov 2015010038.792.17$217
Oct 201568443.552.43$465
Sep 201546542.992.76$351
Aug 201506140.162.87$175
Jul 201506348.152.95$186
Jun 20159413856.152.88$5,676
May 2015012855.212.96$378
Apr 2015011349.822.71$306
Mar 2015210142.892.93$382
Feb 2015118044.662.98$580
Jan 2015320343.433.10$760
Dec 2014122054.693.59$845
Nov 2014021870.464.25$927
Oct 2014025778.303.90$1,003
Sep 2014228086.164.05$1,305
Aug 2014024689.394.04$993
Jul 2014020596.564.18$857
Jun 2014411098.164.74$914
May 2014020994.734.73$988
Apr 2014025195.944.81$1,207
Mar 2014220895.895.06$1,244
Feb 2014019297.406.19$1,189
Jan 2014022490.404.86$1,089
Dec 2013023091.824.35$1,002
Nov 2013025088.853.74$935
Oct 201315832697.423.78$16,624
Sep 2013071104.113.72$264
Aug 20130129104.253.52$454
Jul 20130225102.523.72$836
Jun 2013024194.403.93$948
May 2013025594.834.15$1,058
Apr 2013011893.964.28$505
Mar 2013025393.623.91$990
Feb 2013025791.233.42$879
Jan 2013033091.603.42$1,129
Dec 2012025386.773.42$865
Nov 2012031986.953.62$1,156
Oct 2012033489.383.40$1,135
Sep 2012031794.672.92$925
Aug 2012034492.662.91$1,000
Jul 2012038185.133.02$1,151
Jun 201217237179.822.52$14,664
May 2012035791.612.49$888
Apr 20120368101.652.00$735
Mar 20120457105.052.22$1,015
Feb 2012158320101.102.57$16,796
Jan 20120098.092.73$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.

Jul 2016 — as filed, then multipliedworked
Oil                    0 bbl  × $ 41.62 =         $0
Casinghead gas         7 Mcf  × $  2.92 =        $20

────────────────────────────────────────────────────
Month total                                      $20

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/32191 is the state's own key, not one this site invented.