PRESTWOOD, J. D.

Operated by SKIDMORE, JAMES E. (P-5 785490) in the HILDRETH field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 4577District 09Field 41429001OilCasinghead gasSaveExport
Value, all time
$47 k
Jan 1993 – Jun 1997
Value, last 12 filed months
$4 k
at the published price for each month
Months reported
54
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 45 leases and 103 wells, and the rule below applies to all of them.

Discovered
1942-09-08
as the register files it
Field class
Oil
the register's own label
Between wells
933 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres.

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
OilDisposition2,845 bbl$46,537
Casinghead gasProduction282 Mcf$0
Total$46,537

282 Mcf of this lease's gas, across 47 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 33.6576, -97.8072. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.65756, -97.80721 · 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
6,275 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
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 6,275 ft.

Plug dates filed
May 1997
1 of 1 wells

1 well

42-3370525316,275 ftMay 1997Yes

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 (54)

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

54 months

Jun 19970017.242.26$0
May 19970018.972.31$0
Apr 199770017.882.08$1,252
Mar 19970018.951.94$0
Feb 19970020.492.21$0
Jan 19970023.483.54$0
Dec 19960023.32$0
Nov 19960621.97$0
Oct 19960623.31$0
Sep 19960622.22$0
Aug 1996124620.26$2,512
Jul 19960619.55$0
Jun 19960618.73$0
May 1996112619.43$2,176
Apr 19960621.51$0
Mar 1996122619.38$2,364
Feb 19960616.98$0
Jan 1996102617.07$1,741
Dec 19950617.19$0
Nov 19950616.00$0
Oct 1995128615.43$1,975
Sep 19950616.18$0
Aug 1995117615.92$1,863
Jul 1995122615.24$1,859
Jun 19950616.41$0
May 1995130617.56$2,283
Apr 19950617.73$0
Mar 1995128616.44$2,104
Feb 19950616.58$0
Jan 1995129615.92$2,054
Dec 19940615.03$0
Nov 1994129615.90$2,051
Oct 1994123615.58$1,916
Sep 19940615.29$0
Aug 1994134616.13$2,161
Jul 19940617.56$0
Jun 1994132617.09$2,256
May 19940615.88$0
Apr 1994130614.14$1,838
Mar 19940612.46$0
Feb 1994119612.50$1,488
Jan 19940612.66$0
Dec 1993134612.33$1,652
Nov 19930614.49$0
Oct 1993137615.85$2,171
Sep 19930615.03$0
Aug 1993126615.66$1,973
Jul 19930615.46$0
Jun 1993132616.79$2,216
May 19930617.68$0
Apr 1993128618.05$2,310
Mar 19930618.14$0
Feb 19930617.90$0
Jan 1993137616.93$2,319

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 1997 — as filed, then multipliedworked
Oil                   70 bbl  × $ 17.88 =     $1,252
Casinghead gas         0 Mcf  × $  2.08 =         $0

────────────────────────────────────────────────────
Month total                                   $1,252

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/4577 is the state's own key, not one this site invented.