CRAIG HEIRS

Operated by DOUBLE K PRODUCTION (P-5 224874) in the WILLIAMSON field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 8235District 09Field 97630001OilCasinghead gasSaveExport
Value, all time
$385 k
Jan 1993 – Aug 2008
Value, last 12 filed months
$38 k
at the published price for each month
Months reported
188
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 16 leases and 21 wells, and the rule below applies to all of them.

Discovered
1941-07-01
as the register files it
Field class
Oil
the register's own label
Between wells
933 ft
minimum
From a lease line
464 ft
minimum

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

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
OilDisposition12,948 bbl$385,207
Casinghead gasProduction21 Mcf$0
Total$385,207

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 (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 33.2660, -98.6288. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.26601, -98.62881 · 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
no depth filed
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.

1 well

42-503826321Yes

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 (188)

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

188 months

Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 2008167092.538.77$15,453
Jan 20081090.388.21$90
Dec 2007127088.337.30$11,218
Nov 20070091.677.29$0
Oct 2007131082.856.92$10,853
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 2007273070.906.39$19,356
Jun 20071062.007.55$62
May 20071058.747.85$59
Apr 2007110059.617.81$6,557
Mar 20070056.927.30$0
Feb 2007128055.108.22$7,053
Jan 20071050.306.73$50
Dec 2006133056.656.92$7,534
Nov 20060054.207.62$0
Oct 2006132054.906.01$7,247
Sep 20060060.085.04$0
Aug 2006120068.717.34$8,245
Jul 20061069.376.34$69
Jun 2006124066.286.38$8,219
May 20060066.016.42$0
Apr 2006148064.397.36$9,530
Mar 20063056.707.08$170
Feb 2006184057.597.75$10,597
Jan 20060060.598.93$0
Dec 20051054.9413.42$55
Nov 2005164054.6910.59$8,969
Oct 20050058.3413.80$0
Sep 2005176061.4512.08$10,815
Aug 20050061.519.80$0
Jul 20051055.697.84$56
Jun 2005158052.337.38$8,268
May 20051045.226.65$45
Apr 2005171049.207.36$8,413
Mar 20052050.377.15$101
Feb 2005178045.226.31$8,049
Jan 20051043.166.32$43
Dec 20040039.866.75$0
Nov 2004154045.286.33$6,973
Oct 20041049.706.52$50
Sep 20041043.245.28$43
Aug 20040042.375.55$0
Jul 2004147038.286.08$5,627
Jun 20040036.106.43$0
May 2004154037.486.49$5,772
Apr 20040034.475.86$0
Mar 2004167034.365.53$5,738
Feb 20043032.455.51$97
Jan 2004174032.036.30$5,573
Dec 20031030.266.30$30
Nov 2003178028.804.60$5,126
Oct 20031028.174.76$28
Sep 20031026.314.75$26
Aug 2003169029.765.13$5,029
Jul 20034029.415.17$118
Jun 2003184028.565.98$5,255
May 20032026.595.97$53
Apr 200322026.675.41$587
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 2003119030.315.58$3,607
Dec 20020026.914.85$0
Nov 200250024.664.14$1,233
Oct 2002133026.464.23$3,519
Sep 20022027.443.64$55
Aug 2002152025.963.16$3,946
Jul 20022024.583.06$49
Jun 2002175023.733.34$4,153
May 20020024.663.58$0
Apr 2002174023.653.51$4,115
Mar 20025022.003.10$110
Feb 2002178018.222.38$3,243
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 2001180018.072.41$3,253
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 2001168024.873.05$4,178
Jul 20010023.933.20$0
Jun 2001198024.563.82$4,863
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 2001160024.545.38$3,926
Feb 20010027.755.77$0
Jan 2001170027.478.40$4,670
Dec 20000026.889.12$0
Nov 2000171032.215.66$5,508
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 2000170029.644.54$5,039
Jul 20000028.534.09$0
Jun 2000176029.304.40$5,157
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 2000132028.422.86$3,751
Feb 20000027.622.73$0
Jan 2000175025.272.48$4,422
Dec 19990024.282.42$0
Nov 1999176023.192.43$4,081
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 1999132019.262.88$2,542
Jul 19992017.892.37$36
Jun 1999150015.942.36$2,391
May 19992015.792.32$32
Apr 1999177015.102.21$2,673
Mar 19991012.471.84$12
Feb 199917309.981.82$1,727
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 1998174010.892.19$1,895
Oct 19981012.421.97$12
Sep 1998175012.592.08$2,203
Aug 19980011.301.91$0
Jul 19980011.742.24$0
Jun 199878011.242.24$877
May 199875012.622.21$947
Apr 1998265013.042.51$3,456
Mar 19980012.802.31$0
Feb 19980013.952.30$0
Jan 199897014.702.15$1,426
Dec 19970016.322.41$0
Nov 1997105018.193.09$1,910
Oct 1997134019.253.15$2,580
Sep 1997265017.742.95$4,701
Aug 19970017.862.55$0
Jul 19970017.582.25$0
Jun 1997132017.242.26$2,276
May 1997118018.972.31$2,238
Apr 19970017.882.08$0
Mar 1997177018.951.94$3,354
Feb 19971020.492.21$20
Jan 19970023.483.54$0
Dec 1996131023.32$3,055
Nov 1996132021.97$2,900
Oct 19960023.31$0
Sep 1996129022.22$2,866
Aug 19960020.26$0
Jul 1996129019.55$2,522
Jun 19961018.73$19
May 1996125019.43$2,429
Apr 1996132021.51$2,839
Mar 19960019.38$0
Feb 1996129016.98$2,190
Jan 19961017.07$17
Dec 1995159017.19$2,733
Nov 19950016.00$0
Oct 1995159015.43$2,453
Sep 19950016.18$0
Aug 199590015.92$1,433
Jul 1995129015.24$1,966
Jun 1995120016.41$1,969
May 19951017.56$18
Apr 1995161017.73$2,855
Mar 19950016.44$0
Feb 19953016.58$50
Jan 199595015.92$1,512
Dec 1994126015.03$1,894
Nov 19940115.90$0
Oct 199468115.58$1,059
Sep 199480115.29$1,223
Aug 199494116.13$1,516
Jul 1994134117.56$2,353
Jun 199492117.09$1,572
May 19940115.88$0
Apr 1994148014.14$2,093
Mar 199499112.46$1,234
Feb 19940112.50$0
Jan 1994128112.66$1,620
Dec 1993124112.33$1,529
Nov 19930114.49$0
Oct 1993123115.85$1,950
Sep 1993120115.03$1,804
Aug 1993119115.66$1,864
Jul 1993112015.46$1,732
Jun 19930116.79$0
May 19930117.68$0
Apr 19930118.05$0
Mar 1993124118.14$2,249
Feb 19930117.90$0
Jan 1993130116.93$2,201

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.

Feb 2008 — as filed, then multipliedworked
Oil                  167 bbl  × $ 92.53 =    $15,453
Casinghead gas         0 Mcf  × $  8.77 =         $0

────────────────────────────────────────────────────
Month total                                  $15,453

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/8235 is the state's own key, not one this site invented.