SPEARMAN 26

Operated by TALON OIL & GAS LLC (P-5 835601) in the HOOVER, NE (GRANITE WASH) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 166662District 10Field 42512300Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$3.9 M
Jul 1997 – Apr 2008
Value, last 12 filed months
$0
at the published price for each month
Months reported
130
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 13 leases and 17 wells, and the rule below applies to all of them.

Discovered
1996-12-23
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2003-02-25.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: 40 ACS. OPTIONS.

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
CondensateDisposition3,644 bbl$87,099
GasProduction869,582 Mcf$3,775,144
Total$3,862,242

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 35.6028, -100.8491. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.60277, -100.84906 · 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
9,800 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 9,800 ft.

Completions filed
Jul 2020
1 of 1 wells

1 well

42-179322582 C9,800 ftJul 2020Yes

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 (130)

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

130 months

Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 200447042.375.55$1,991
Jul 20040038.286.08$0
Jun 200413435136.106.43$7,095
May 2004013237.486.49$857
Apr 20040334.475.86$18
Mar 2004180034.365.53$6,185
Feb 2004053932.455.51$2,970
Jan 200417655732.036.30$9,146
Dec 200334594130.266.30$16,370
Nov 20035261,24228.804.60$20,856
Oct 20031781,24828.174.76$10,954
Sep 200318151226.314.75$7,194
Aug 20030029.765.13$0
Jul 200305,21329.415.17$26,956
Jun 200303,30228.565.98$19,756
May 200308,52826.595.97$50,935
Apr 2003021,18826.675.41$114,569
Mar 200309,37231.146.10$57,132
Feb 2003020,91033.487.93$165,730
Jan 2003034,80830.315.58$194,300
Dec 2002053,21426.914.85$258,288
Nov 200218444,47724.664.14$188,537
Oct 200216646,95326.464.23$202,962
Sep 2002034,75927.443.64$126,356
Aug 200209,51625.963.16$30,110
Jul 2002010,27824.583.06$31,469
Jun 200209,97623.733.34$33,302
May 2002011,15424.663.58$39,976
Apr 2002010,02023.653.51$35,193
Mar 2002011,24622.003.10$34,893
Feb 2002011,17518.222.38$26,548
Jan 2002012,34717.172.38$29,333
Dec 2001013,79716.932.36$32,622
Nov 2001013,50418.072.41$32,484
Oct 2001015,70819.782.53$39,724
Sep 2001012,00824.262.25$27,034
Aug 2001016,40224.873.05$50,078
Jul 2001018,11023.933.20$57,899
Jun 2001016,75024.563.82$64,055
May 2001019,77425.524.31$85,173
Apr 200112320,62824.685.34$113,093
Mar 2001021,66124.545.38$116,459
Feb 2001021,90227.755.77$126,311
Jan 2001026,64127.478.40$223,751
Dec 2000022,07526.889.12$201,379
Nov 2000023,26432.215.66$131,628
Oct 2000026,34031.235.15$135,532
Sep 2000025,38431.875.19$131,654
Aug 2000025,35829.644.54$115,144
Jul 200021319,36128.534.09$85,259
Jun 200002,84329.304.40$12,501
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 199805,33610.892.19$11,663
Oct 1998010912.421.97$215
Sep 199807,19612.592.08$14,987
Aug 199818013,11211.301.91$27,043
Jul 1998027811.742.24$622
Jun 199809,30811.242.24$20,825
May 19981265,92812.622.21$14,669
Apr 19983554,19913.042.51$15,149
Mar 199852715,67212.802.31$42,939
Feb 199839,85613.952.30$22,702
Jan 1998022,13114.702.15$47,688
Dec 1997021,59016.322.41$52,056
Nov 1997018,98618.193.09$58,634
Oct 1997041019.253.15$1,291
Sep 19970017.742.95$0
Aug 19970017.862.55$0
Jul 19970017.582.25$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.

Aug 2004 — as filed, then multipliedworked
Condensate            47 bbl  × $ 42.37 =     $1,991
Gas                    0 Mcf  × $  5.55 =         $0

────────────────────────────────────────────────────
Month total                                   $1,991

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/166662 is the state's own key, not one this site invented.