ISAACS -207-

Operated by PRIZE OPERATING COMPANY (P-5 679278) in the RED DEER CREEK (MORROW, UPPER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 145137District 10Field 75200500CondensateGasSaveExport
Value, all time
$6 k
Mar 1993 – Aug 2000
Value, last 12 filed months
$586
at the published price for each month
Months reported
90
no gaps in the span
Streams
2
condensate, 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 29 leases and 36 wells, and the rule below applies to all of them.

Discovered
1975-07-28
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,867 ft
minimum
From a lease line
933 ft
minimum

A drilling unit in this field needs at least 160 acres.

The Commission's schedule remark for this field reads: NET GOR RULE GAS LIMIT 3000 MCF PER WELL PER DAY

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
CondensateDisposition20 bbl$586
GasProduction17,499 Mcf$5,270
Total$5,856

15,293 Mcf of this lease's gas, across 42 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 35.8539, -100.4683. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.85391, -100.46827 · 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
11,440 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
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 11,440 ft.

Completions filed
Aug 2015
1 of 1 wells

1 well

42-21130925320711,440 ftAug 2015Yes

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 (90)

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

90 months

Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 200020029.304.40$586
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 19980013.042.51$0
Mar 199805612.802.31$129
Feb 199803013.952.30$69
Jan 1998020814.702.15$448
Dec 199702916.322.41$70
Nov 1997013918.193.09$429
Oct 1997013919.253.15$438
Sep 1997012417.742.95$366
Aug 1997023117.862.55$590
Jul 1997021717.582.25$488
Jun 1997017217.242.26$388
May 1997034718.972.31$801
Apr 1997021017.882.08$437
Mar 1997020518.951.94$398
Feb 199709920.492.21$218
Jan 19970023.483.54$0
Dec 199605223.32$0
Nov 1996021821.97$0
Oct 1996031723.31$0
Sep 1996031822.22$0
Aug 1996035920.26$0
Jul 1996041019.55$0
Jun 1996045118.73$0
May 1996050119.43$0
Apr 199606521.51$0
Mar 19960019.38$0
Feb 199602516.98$0
Jan 19960017.07$0
Dec 1995012517.19$0
Nov 1995010316.00$0
Oct 19950015.43$0
Sep 19950016.18$0
Aug 199507015.92$0
Jul 1995020915.24$0
Jun 1995011016.41$0
May 1995010617.56$0
Apr 1995017317.73$0
Mar 1995028016.44$0
Feb 1995048416.58$0
Jan 1995048315.92$0
Dec 1994046015.03$0
Nov 1994041315.90$0
Oct 1994058415.58$0
Sep 1994042015.29$0
Aug 1994041416.13$0
Jul 1994040017.56$0
Jun 1994061317.09$0
May 1994051615.88$0
Apr 1994046314.14$0
Mar 1994051712.46$0
Feb 1994046512.50$0
Jan 1994049712.66$0
Dec 1993052612.33$0
Nov 1993053714.49$0
Oct 1993051015.85$0
Sep 1993051415.03$0
Aug 1993043515.66$0
Jul 1993053015.46$0
Jun 1993044716.79$0
May 1993039517.68$0
Apr 1993040018.05$0
Mar 1993037818.14$0

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.

Jun 2000 — as filed, then multipliedworked
Condensate            20 bbl  × $ 29.30 =       $586
Gas                    0 Mcf  × $  4.40 =         $0

────────────────────────────────────────────────────
Month total                                     $586

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. 10/G/145137 is the state's own key, not one this site invented.