STATE

Name: STATE lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by STEPHENS & JOHNSON OPERATING CO. (P-5 817555) in the FINKLER (CADDO) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 5856District 09Field 30930333OilCasinghead gasSave Export

Value, all time

$58 k

Jan 1993 – Jan 1999

Value, last 12 filed months

$9 k

at the published price for each month

Months reported

no gaps in the span

Streams

oil, casinghead gas

The FINKLER (CADDO) field

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 1 leases and 1 wells, and the rule below applies to all of them.

Discovered

1938-08-25

as the register files it

Field class

Oil

the register's own label

Between wells

—

no field rule filed

From a lease line

—

no field rule filed

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.

Stream	Basis	Volume	Value
Oil	Disposition	3,425 bbl	$55,936
Casinghead gas	Production	2,343 Mcf	$1,810
Total			$57,746

1,584 Mcf of this lease's gas, across 48 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 33.8453, -98.5173. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.84530, -98.51732 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

5,405 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 5,405 ft.

Plug dates filed

Jan 1999

1 of 1 wells

1 well


42-48500504	1	5,405 ft	—	Jan 1999	Yes

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 (73)

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

73 months


Jan 1999	0	0	10.38	1.90	$0
Dec 1998	0	0	9.20	1.77	$0
Nov 1998	158	33	10.89	2.19	$1,793
Oct 1998	0	33	12.42	1.97	$65
Sep 1998	180	33	12.59	2.08	$2,335
Aug 1998	0	33	11.30	1.91	$63
Jul 1998	0	33	11.74	2.24	$74
Jun 1998	178	33	11.24	2.24	$2,075
May 1998	182	33	12.62	2.21	$2,370
Apr 1998	0	33	13.04	2.51	$83
Mar 1998	0	33	12.80	2.31	$76
Feb 1998	0	33	13.95	2.30	$76
Jan 1998	0	33	14.70	2.15	$71
Dec 1997	0	33	16.32	2.41	$80
Nov 1997	188	33	18.19	3.09	$3,522
Oct 1997	0	33	19.25	3.15	$104
Sep 1997	0	33	17.74	2.95	$98
Aug 1997	0	33	17.86	2.55	$84
Jul 1997	0	33	17.58	2.25	$74
Jun 1997	175	33	17.24	2.26	$3,091
May 1997	0	33	18.97	2.31	$76
Apr 1997	0	33	17.88	2.08	$69
Mar 1997	0	33	18.95	1.94	$64
Feb 1997	0	33	20.49	2.21	$73
Jan 1997	177	33	23.48	3.54	$4,273
Dec 1996	0	33	23.32	—	$0
Nov 1996	0	33	21.97	—	$0
Oct 1996	175	33	23.31	—	$4,079
Sep 1996	0	33	22.22	—	$0
Aug 1996	0	33	20.26	—	$0
Jul 1996	0	33	19.55	—	$0
Jun 1996	0	33	18.73	—	$0
May 1996	0	33	19.43	—	$0
Apr 1996	189	33	21.51	—	$4,065
Mar 1996	0	33	19.38	—	$0
Feb 1996	0	33	16.98	—	$0
Jan 1996	187	33	17.07	—	$3,192
Dec 1995	0	33	17.19	—	$0
Nov 1995	0	33	16.00	—	$0
Oct 1995	180	33	15.43	—	$2,777
Sep 1995	0	33	16.18	—	$0
Aug 1995	0	33	15.92	—	$0
Jul 1995	0	33	15.24	—	$0
Jun 1995	0	33	16.41	—	$0
May 1995	185	33	17.56	—	$3,249
Apr 1995	0	33	17.73	—	$0
Mar 1995	0	33	16.44	—	$0
Feb 1995	0	33	16.58	—	$0
Jan 1995	191	33	15.92	—	$3,041
Dec 1994	0	33	15.03	—	$0
Nov 1994	0	33	15.90	—	$0
Oct 1994	0	33	15.58	—	$0
Sep 1994	180	33	15.29	—	$2,752
Aug 1994	0	33	16.13	—	$0
Jul 1994	0	33	17.56	—	$0
Jun 1994	0	33	17.09	—	$0
May 1994	185	33	15.88	—	$2,938
Apr 1994	0	33	14.14	—	$0
Mar 1994	0	33	12.46	—	$0
Feb 1994	184	33	12.50	—	$2,300
Jan 1994	0	33	12.66	—	$0
Dec 1993	0	33	12.33	—	$0
Nov 1993	183	33	14.49	—	$2,652
Oct 1993	0	33	15.85	—	$0
Sep 1993	0	33	15.03	—	$0
Aug 1993	0	33	15.66	—	$0
Jul 1993	0	33	15.46	—	$0
Jun 1993	0	33	16.79	—	$0
May 1993	163	33	17.68	—	$2,882
Apr 1993	0	33	18.05	—	$0
Mar 1993	0	33	18.14	—	$0
Feb 1993	0	33	17.90	—	$0
Jan 1993	185	33	16.93	—	$3,132

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.

Nov 1998 — as filed, then multipliedworked

Oil                  158 bbl  × $ 10.89 =     $1,721
Casinghead gas        33 Mcf  × $  2.19 =        $72

────────────────────────────────────────────────────
Month total                                   $1,793

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/5856 is the state's own key, not one this site invented.