EASTERLING, W. C.

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 7888District 09Field 45544001OilCasinghead gasSaveExport
Value, all time
$740 k
Jan 1993 – Mar 1997
Value, last 12 filed months
$139 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
OilDisposition44,018 bbl$740,397
Casinghead gasProduction21 Mcf$0
Total$740,397

21 Mcf of this lease's gas, across 21 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 (3)

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 33.2160, -98.6590. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

33.21612, -98.65923 · 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%
3 of 3 wells
With a plug date
100.0%
3 of 3 wells
Median depth
3,837 ft
3 wells filed one
Completion to plug
43.4 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
3100.0%
A plug date is filed
3100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
3100.0%
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

Between 591 and 3,902 ft, median 3,837 ft, over the 3 wells that filed a depth.

Completions filed
May 1982
1 of 3 wells; 2 filed none
Plug dates filed
Oct 1982 – Feb 2026
3 of 3 wells

Last completion to plug: a median of 43.4 years across the 1 well that filed both dates, with the middle half between 43.4 years and 43.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

3 wells

42-5030478623,902 ftFeb 2026Yes
42-503852371 D591 ftOct 1982Yes
42-5038230813,837 ftMay 1982Oct 2025Yes

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 19961,236023.31$28,811
Sep 1996872022.22$19,376
Aug 1996991020.26$20,078
Jul 19961,045019.55$20,430
Jun 1996535018.73$10,021
May 19961,054019.43$20,479
Apr 1996908021.51$19,531
Mar 1996900019.38$17,442
Feb 19961,093016.98$18,559
Jan 19961,336017.07$22,806
Dec 1995776017.19$13,339
Nov 19951,153016.00$18,448
Oct 19951,279015.43$19,735
Sep 19951,299016.18$21,018
Aug 1995917015.92$14,599
Jul 1995922015.24$14,051
Jun 19951,325016.41$21,743
May 19951,350017.56$23,706
Apr 19951,213017.73$21,506
Mar 19951,105016.44$18,166
Feb 19951,129016.58$18,719
Jan 19951,368015.92$21,779
Dec 19941,430015.03$21,493
Nov 1994731015.90$11,623
Oct 1994698015.58$10,875
Sep 19941,103115.29$16,865
Aug 1994577116.13$9,307
Jul 1994718117.56$12,608
Jun 1994893117.09$15,261
May 19941,065115.88$16,912
Apr 1994912114.14$12,896
Mar 19941,006112.46$12,535
Feb 1994928112.50$11,600
Jan 1994893112.66$11,305
Dec 1993754112.33$9,297
Nov 1993563114.49$8,158
Oct 1993697115.85$11,047
Sep 1993541115.03$8,131
Aug 1993528115.66$8,268
Jul 1993421115.46$6,509
Jun 1993685116.79$11,501
May 1993940117.68$16,619
Apr 1993751118.05$13,556
Mar 19931,312118.14$23,800
Feb 1993940117.90$16,826
Jan 19931,126116.93$19,063

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                1,236 bbl  × $ 23.31 =    $28,811
Casinghead gas         0 Mcf  ×  no price            —

────────────────────────────────────────────────────
Month total                                  $28,811

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/7888 is the state's own key, not one this site invented.