JOSH

Operated by BEST PETROLEUM EXPLORATIONS,INC. (P-5 68287) 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 32596District 09Field 65280200OilCasinghead gasSave
Value, all time
$1.0 M
Apr 2013 – May 2018
Value, last 12 filed months
$38 k
at the published price for each month
Months reported
62
no gaps in the span
Streams
2
oil, casinghead gas

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
OilDisposition2,144 bbl$188,210
Casinghead gasProduction243,329 Mcf$848,345
Total$1,036,556

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 33.1189, -98.2266. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.11888, -98.22656 · 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
5,700 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 5,700 ft.

Completions filed
Apr 2013
1 of 1 wells

1 well

42-2373958715,700 ftApr 2013Yes

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

May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 201801,70862.874.01$6,848
Dec 201701,69557.272.92$4,952
Nov 201701,62755.423.12$5,074
Oct 201701,50749.292.98$4,496
Sep 201701,05047.523.09$3,242
Aug 2017060045.373.00$1,803
Jul 201701,09243.873.09$3,371
Jun 201702,55042.493.09$7,873
May 201703,32745.373.26$10,857
Apr 201703,86047.933.21$12,397
Mar 201701,70546.772.98$5,087
Feb 201701,96050.452.95$5,787
Jan 201702,10049.413.42$7,179
Dec 201601,80048.763.72$6,701
Nov 201603,45042.492.64$9,123
Oct 201602,48046.193.09$7,664
Sep 201602,10041.553.10$6,511
Aug 201602,79041.442.92$8,159
Jul 201602,94541.622.92$8,612
Jun 201603,45045.352.69$9,266
May 201603,72042.521.99$7,407
Apr 201608,78936.561.99$17,499
Mar 2016010,23033.011.79$18,353
Feb 201606,96326.472.06$14,369
Jan 201603,81027.352.36$9,008
Dec 201513510,59732.362.00$25,578
Nov 201501,05038.792.17$2,276
Oct 2015089743.552.43$2,177
Sep 201501,28342.992.76$3,539
Aug 201501,28540.162.87$3,691
Jul 201501,27148.152.95$3,743
Jun 201501,27556.152.88$3,676
May 201501,38355.212.96$4,087
Apr 20151611,65649.822.71$12,503
Mar 201501,49642.892.93$4,390
Feb 201501,47044.662.98$4,375
Jan 201501,63443.433.10$5,066
Dec 201403,59654.693.59$12,915
Nov 201401,42870.464.25$6,072
Oct 2014026678.303.90$1,038
Sep 201402,37986.164.05$9,624
Aug 20141673,22089.394.04$27,921
Jul 201403,73896.564.18$15,623
Jun 201404,55798.164.74$21,586
May 201406,34994.734.73$30,009
Apr 201406,01595.944.81$28,927
Mar 20141615,34195.895.06$42,447
Feb 201404,46197.406.19$27,623
Jan 20141724,86890.404.86$39,211
Dec 201307,39591.824.35$32,201
Nov 20131728,47788.853.74$46,972
Oct 201316811,03997.423.78$58,087
Sep 201309,654104.113.72$35,891
Aug 201316812,738104.253.52$62,385
Jul 201316910,353102.523.72$55,816
Jun 201317014,13594.403.93$71,647
May 201333916,92094.834.15$102,350
Apr 20131623,79593.964.28$31,474

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.

Jan 2018 — as filed, then multipliedworked
Oil                    0 bbl  × $ 62.87 =         $0
Casinghead gas     1,708 Mcf  × $  4.01 =     $6,848

────────────────────────────────────────────────────
Month total                                   $6,848

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/32596 is the state's own key, not one this site invented.