MORRISON

Operated by RIDGE OIL COMPANY (P-5 711100) in the JAMES field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 7886District 09Field 45544001OilCasinghead gasSaveExport
Value, all time
$793 k
Jan 1993 – Mar 1997
Value, last 12 filed months
$158 k
at the published price for each month
Months reported
51
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 35 leases and 92 wells, and the rule below applies to all of them.

Discovered
1917-01-01
as the register files it
Field class
Oil
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 40 acres. The field rule took effect on 1993-12-01.

The Commission's schedule remark for this field reads: FIELD CONSOLIDATED INTO I.M.U. (CADDO CONS.) EFFECTIVE 10/8/96.

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
OilDisposition46,740 bbl$792,811
Casinghead gasProduction3,472 Mcf$0
Total$792,811

3,472 Mcf of this lease's gas, across 43 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 (2)

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 33.2230, -98.5971. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

33.22298, -98.59714 · 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%
2 of 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
4,400 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
2100.0%
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 4,400 ft.

Completions filed
Sep 2005
1 of 2 wells; 1 filed none

2 wells

42-503823061Yes
42-5030184524,400 ftSep 2005Yes

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 (51)

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

51 months

Mar 19970018.951.94$0
Feb 19970020.492.21$0
Jan 19970023.483.54$0
Dec 19960023.32$0
Nov 19960021.97$0
Oct 19961,141023.31$26,597
Sep 19961,102022.22$24,486
Aug 199689932820.26$18,214
Jul 19961,10033819.55$21,505
Jun 199694832418.73$17,756
May 19961,11938319.43$21,742
Apr 19961,27923721.51$27,511
Mar 19961,26328219.38$24,477
Feb 19961,78519816.98$30,309
Jan 19961,51217717.07$25,810
Dec 19951,47512317.19$25,355
Nov 19951,40913016.00$22,544
Oct 19951,6816915.43$25,938
Sep 19951,3054616.18$21,115
Aug 19951,7723115.92$28,210
Jul 19951,4124915.24$21,519
Jun 19951,6369516.41$26,847
May 19951,5827317.56$27,780
Apr 19951,4555217.73$25,797
Mar 19951,379716.44$22,671
Feb 19951,646016.58$27,291
Jan 19951,249915.92$19,884
Dec 19941,1561615.03$17,375
Nov 19941,403315.90$22,308
Oct 19941,036415.58$16,141
Sep 1994815115.29$12,461
Aug 1994621116.13$10,017
Jul 1994514117.56$9,026
Jun 19946255317.09$10,681
May 1994520515.88$8,258
Apr 19945093014.14$7,197
Mar 1994694112.46$8,647
Feb 19944543312.50$5,675
Jan 1994588812.66$7,444
Dec 1993723112.33$8,915
Nov 1993595114.49$8,622
Oct 1993475115.85$7,529
Sep 19935166315.03$7,755
Aug 19936051615.66$9,474
Jul 19936094215.46$9,415
Jun 19937313916.79$12,273
May 19937232617.68$12,783
Apr 1993646818.05$11,660
Mar 1993648618.14$11,755
Feb 19936134617.90$10,973
Jan 199377211616.93$13,070

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.

Oct 1996 — as filed, then multipliedworked
Oil                1,141 bbl  × $ 23.31 =    $26,597
Casinghead gas         0 Mcf  ×  no price            —

────────────────────────────────────────────────────
Month total                                  $26,597

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/7886 is the state's own key, not one this site invented.