SELL, JULIUS

Name: SELL, JULIUS lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by BP AMERICA PRODUCTION COMPANY (P-5 40798) in the PAN PETRO (CLEVELAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 21953District 10Field 68735120NGPA filingCondensateGasSave Export

Value, all time

$423 k

Jan 1993 – Feb 2015

Value, last 12 filed months

at the published price for each month

Months reported

266

no gaps in the span

Streams

condensate, gas

The PAN PETRO (CLEVELAND) field

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 965 leases and 1,339 wells, and the rule below applies to all of them.

Discovered

1974-03-21

as the register files it

Field class

Oil and gas

the register's own label

Between wells

933 ft

minimum

From a lease line

330 ft

minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2011-04-18.

The Commission's schedule remark for this field reads: “PRORATION ACRES PLATS ARE REQUIRED.”

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

Programme	Filings	With an approval date	Dated	Docket
NGPA	1	none	—	—

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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.

Stream	Basis	Volume	Value
Condensate	Disposition	3 bbl	$284
Gas	Production	151,674 Mcf	$422,799
Total			$423,083

53,168 Mcf of this lease's gas, across 48 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 36.3219, -100.6149. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.32190, -100.61489 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

100.0%

1 of 1 wells

Median depth

9,585 ft

1 wells filed one

Completion to plug

11.5 years

median over 1 well

What the state filed about each well

On the RRC proration schedule

1100.0%

A plug date is filed

1100.0%

BothOn the schedule and plugged. Neither fact cancels the other.

1100.0%

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 9,585 ft.

Completions filed

Aug 2003

1 of 1 wells

Plug dates filed

Feb 2015

1 of 1 wells

Last completion to plug: a median of 11.5 years across the 1 well that filed both dates, with the middle half between 11.5 years and 11.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-35700730	1	9,585 ft	Aug 2003	Feb 2015	Yes

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 (266)

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

266 months


Feb 2015	0	0	44.66	2.98	$0
Jan 2015	0	0	43.43	3.10	$0
Dec 2014	0	0	54.69	3.59	$0
Nov 2014	0	0	70.46	4.25	$0
Oct 2014	0	0	78.30	3.90	$0
Sep 2014	0	0	86.16	4.05	$0
Aug 2014	0	0	89.39	4.04	$0
Jul 2014	0	0	96.56	4.18	$0
Jun 2014	0	0	98.16	4.74	$0
May 2014	0	0	94.73	4.73	$0
Apr 2014	0	0	95.94	4.81	$0
Mar 2014	0	0	95.89	5.06	$0
Feb 2014	0	0	97.40	6.19	$0
Jan 2014	0	0	90.40	4.86	$0
Dec 2013	0	0	91.82	4.35	$0
Nov 2013	0	0	88.85	3.74	$0
Oct 2013	0	0	97.42	3.78	$0
Sep 2013	0	0	104.11	3.72	$0
Aug 2013	0	0	104.25	3.52	$0
Jul 2013	0	0	102.52	3.72	$0
Jun 2013	0	0	94.40	3.93	$0
May 2013	0	0	94.83	4.15	$0
Apr 2013	0	0	93.96	4.28	$0
Mar 2013	0	0	93.62	3.91	$0
Feb 2013	0	0	91.23	3.42	$0
Jan 2013	0	0	91.60	3.42	$0
Dec 2012	0	0	86.77	3.42	$0
Nov 2012	0	0	86.95	3.62	$0
Oct 2012	0	0	89.38	3.40	$0
Sep 2012	3	0	94.67	2.92	$284
Aug 2012	0	0	92.66	2.91	$0
Jul 2012	0	0	85.13	3.02	$0
Jun 2012	0	0	79.82	2.52	$0
May 2012	0	0	91.61	2.49	$0
Apr 2012	0	0	101.65	2.00	$0
Mar 2012	0	0	105.05	2.22	$0
Feb 2012	0	0	101.10	2.57	$0
Jan 2012	0	0	98.09	2.73	$0
Dec 2011	0	0	96.87	3.24	$0
Nov 2011	0	0	95.72	3.31	$0
Oct 2011	0	0	84.98	3.65	$0
Sep 2011	0	0	83.62	3.99	$0
Aug 2011	0	0	83.40	4.15	$0
Jul 2011	0	0	94.14	4.52	$0
Jun 2011	0	0	92.90	4.64	$0
May 2011	0	0	98.13	4.40	$0
Apr 2011	0	0	105.96	4.33	$0
Mar 2011	0	2	96.36	4.06	$8
Feb 2011	0	1	85.64	4.18	$4
Jan 2011	0	1	86.50	4.59	$5
Dec 2010	0	0	85.73	4.35	$0
Nov 2010	0	6	80.84	3.80	$23
Oct 2010	0	156	78.10	3.51	$547
Sep 2010	0	379	72.63	3.98	$1,508
Aug 2010	0	418	73.68	4.42	$1,847
Jul 2010	0	505	72.55	4.74	$2,392
Jun 2010	0	420	70.36	4.91	$2,062
May 2010	0	382	71.12	4.24	$1,618
Apr 2010	0	0	81.69	4.12	$0
Mar 2010	0	0	78.39	4.39	$0
Feb 2010	0	0	73.58	5.44	$0
Jan 2010	0	0	74.36	5.96	$0
Dec 2009	0	0	71.44	5.48	$0
Nov 2009	0	0	74.59	3.75	$0
Oct 2009	0	47	72.54	4.11	$193
Sep 2009	0	260	65.54	3.06	$797
Aug 2009	0	316	67.42	3.22	$1,017
Jul 2009	0	262	61.13	3.46	$908
Jun 2009	0	251	66.16	3.90	$978
May 2009	0	247	54.74	3.93	$970
Apr 2009	0	230	46.77	3.59	$825
Mar 2009	0	227	42.14	4.06	$921
Feb 2009	0	208	32.81	4.63	$964
Jan 2009	0	185	35.86	5.37	$994
Dec 2008	0	182	37.10	5.98	$1,088
Nov 2008	0	199	55.49	6.86	$1,365
Oct 2008	0	239	75.24	6.92	$1,654
Sep 2008	0	264	101.76	7.88	$2,080
Aug 2008	0	292	114.22	8.48	$2,477
Jul 2008	0	226	131.08	11.39	$2,574
Jun 2008	0	223	131.33	13.03	$2,906
May 2008	0	240	123.17	11.57	$2,778
Apr 2008	0	224	110.31	10.45	$2,342
Mar 2008	0	236	101.90	9.66	$2,281
Feb 2008	0	213	92.53	8.77	$1,868
Jan 2008	0	247	90.38	8.21	$2,027
Dec 2007	0	192	88.33	7.30	$1,402
Nov 2007	0	236	91.67	7.29	$1,721
Oct 2007	0	273	82.85	6.92	$1,890
Sep 2007	0	282	75.84	6.24	$1,761
Aug 2007	0	289	69.06	6.39	$1,846
Jul 2007	0	245	70.90	6.39	$1,565
Jun 2007	0	314	62.00	7.55	$2,370
May 2007	0	672	58.74	7.85	$5,273
Apr 2007	0	334	59.61	7.81	$2,607
Mar 2007	0	268	56.92	7.30	$1,957
Feb 2007	0	188	55.10	8.22	$1,545
Jan 2007	0	235	50.30	6.73	$1,581
Dec 2006	0	238	56.65	6.92	$1,647
Nov 2006	0	258	54.20	7.62	$1,965
Oct 2006	0	313	54.90	6.01	$1,882
Sep 2006	0	361	60.08	5.04	$1,818
Aug 2006	0	369	68.71	7.34	$2,708
Jul 2006	0	371	69.37	6.34	$2,353
Jun 2006	0	11	66.28	6.38	$70
May 2006	0	7	66.01	6.42	$45
Apr 2006	0	0	64.39	7.36	$0
Mar 2006	0	0	56.70	7.08	$0
Feb 2006	0	8	57.59	7.75	$62
Jan 2006	0	76	60.59	8.93	$679
Dec 2005	0	419	54.94	13.42	$5,621
Nov 2005	0	401	54.69	10.59	$4,246
Oct 2005	0	417	58.34	13.80	$5,753
Sep 2005	0	407	61.45	12.08	$4,916
Aug 2005	0	423	61.51	9.80	$4,144
Jul 2005	0	436	55.69	7.84	$3,420
Jun 2005	0	433	52.33	7.38	$3,196
May 2005	0	460	45.22	6.65	$3,060
Apr 2005	0	452	49.20	7.36	$3,327
Mar 2005	0	353	50.37	7.15	$2,526
Feb 2005	0	0	45.22	6.31	$0
Jan 2005	0	27	43.16	6.32	$171
Dec 2004	0	79	39.86	6.75	$533
Nov 2004	0	529	45.28	6.33	$3,349
Oct 2004	0	566	49.70	6.52	$3,688
Sep 2004	0	558	43.24	5.28	$2,948
Aug 2004	0	600	42.37	5.55	$3,330
Jul 2004	0	613	38.28	6.08	$3,730
Jun 2004	0	590	36.10	6.43	$3,795
May 2004	0	684	37.48	6.49	$4,442
Apr 2004	0	956	34.47	5.86	$5,601
Mar 2004	0	1,002	34.36	5.53	$5,541
Feb 2004	0	928	32.45	5.51	$5,113
Jan 2004	0	927	32.03	6.30	$5,840
Dec 2003	0	1,027	30.26	6.30	$6,472
Nov 2003	0	1,362	28.80	4.60	$6,259
Oct 2003	0	1,593	28.17	4.76	$7,582
Sep 2003	0	2,184	26.31	4.75	$10,373
Aug 2003	0	2,136	29.76	5.13	$10,957
Jul 2003	0	703	29.41	5.17	$3,635
Jun 2003	0	77	28.56	5.98	$461
May 2003	0	392	26.59	5.97	$2,341
Apr 2003	0	637	26.67	5.41	$3,444
Mar 2003	0	664	31.14	6.10	$4,048
Feb 2003	0	597	33.48	7.93	$4,732
Jan 2003	0	641	30.31	5.58	$3,578
Dec 2002	0	664	26.91	4.85	$3,223
Nov 2002	0	630	24.66	4.14	$2,606
Oct 2002	0	640	26.46	4.23	$2,707
Sep 2002	0	609	27.44	3.64	$2,214
Aug 2002	0	600	25.96	3.16	$1,899
Jul 2002	0	621	24.58	3.06	$1,901
Jun 2002	0	675	23.73	3.34	$2,253
May 2002	0	728	24.66	3.58	$2,609
Apr 2002	0	727	23.65	3.51	$2,553
Mar 2002	0	745	22.00	3.10	$2,312
Feb 2002	0	690	18.22	2.38	$1,639
Jan 2002	0	757	17.17	2.38	$1,798
Dec 2001	0	764	16.93	2.36	$1,806
Nov 2001	0	742	18.07	2.41	$1,785
Oct 2001	0	763	19.78	2.53	$1,930
Sep 2001	0	736	24.26	2.25	$1,657
Aug 2001	0	593	24.87	3.05	$1,811
Jul 2001	0	691	23.93	3.20	$2,209
Jun 2001	0	765	24.56	3.82	$2,925
May 2001	0	796	25.52	4.31	$3,429
Apr 2001	0	767	24.68	5.34	$4,092
Mar 2001	0	784	24.54	5.38	$4,215
Feb 2001	0	746	27.75	5.77	$4,302
Jan 2001	0	614	27.47	8.40	$5,157
Dec 2000	0	812	26.88	9.12	$7,407
Nov 2000	0	795	32.21	5.66	$4,498
Oct 2000	0	841	31.23	5.15	$4,327
Sep 2000	0	765	31.87	5.19	$3,968
Aug 2000	0	833	29.64	4.54	$3,782
Jul 2000	0	838	28.53	4.09	$3,427
Jun 2000	0	813	29.30	4.40	$3,575
May 2000	0	870	27.26	3.68	$3,201
Apr 2000	0	835	24.51	3.12	$2,602
Mar 2000	0	844	28.42	2.86	$2,414
Feb 2000	0	928	27.62	2.73	$2,530
Jan 2000	0	1,002	25.27	2.48	$2,485
Dec 1999	0	954	24.28	2.42	$2,312
Nov 1999	0	869	23.19	2.43	$2,115
Oct 1999	0	866	20.98	2.80	$2,428
Sep 1999	0	851	21.75	2.62	$2,229
Aug 1999	0	857	19.26	2.88	$2,464
Jul 1999	0	876	17.89	2.37	$2,078
Jun 1999	0	869	15.94	2.36	$2,053
May 1999	0	963	15.79	2.32	$2,235
Apr 1999	0	965	15.10	2.21	$2,131
Mar 1999	0	984	12.47	1.84	$1,809
Feb 1999	0	891	9.98	1.82	$1,620
Jan 1999	0	1,028	10.38	1.90	$1,953
Dec 1998	0	1,014	9.20	1.77	$1,798
Nov 1998	0	1,003	10.89	2.19	$2,192
Oct 1998	0	947	12.42	1.97	$1,865
Sep 1998	0	845	12.59	2.08	$1,760
Aug 1998	0	827	11.30	1.91	$1,577
Jul 1998	0	913	11.74	2.24	$2,043
Jun 1998	0	826	11.24	2.24	$1,848
May 1998	0	867	12.62	2.21	$1,913
Apr 1998	0	924	13.04	2.51	$2,315
Mar 1998	0	1,245	12.80	2.31	$2,875
Feb 1998	0	904	13.95	2.30	$2,078
Jan 1998	0	1,201	14.70	2.15	$2,588
Dec 1997	0	1,129	16.32	2.41	$2,722
Nov 1997	0	1,097	18.19	3.09	$3,388
Oct 1997	0	936	19.25	3.15	$2,948
Sep 1997	0	818	17.74	2.95	$2,417
Aug 1997	0	693	17.86	2.55	$1,770
Jul 1997	0	860	17.58	2.25	$1,932
Jun 1997	0	918	17.24	2.26	$2,072
May 1997	0	1,060	18.97	2.31	$2,447
Apr 1997	0	1,096	17.88	2.08	$2,283
Mar 1997	0	1,166	18.95	1.94	$2,261
Feb 1997	0	1,060	20.49	2.21	$2,338
Jan 1997	0	1,060	23.48	3.54	$3,752
Dec 1996	0	989	23.32	—	$0
Nov 1996	0	992	21.97	—	$0
Oct 1996	0	926	23.31	—	$0
Sep 1996	0	812	22.22	—	$0
Aug 1996	0	761	20.26	—	$0
Jul 1996	0	875	19.55	—	$0
Jun 1996	0	793	18.73	—	$0
May 1996	0	812	19.43	—	$0
Apr 1996	0	983	21.51	—	$0
Mar 1996	0	1,129	19.38	—	$0
Feb 1996	0	1,060	16.98	—	$0
Jan 1996	0	1,258	17.07	—	$0
Dec 1995	0	1,284	17.19	—	$0
Nov 1995	0	1,360	16.00	—	$0
Oct 1995	0	1,445	15.43	—	$0
Sep 1995	0	343	16.18	—	$0
Aug 1995	0	884	15.92	—	$0
Jul 1995	0	883	15.24	—	$0
Jun 1995	0	1,078	16.41	—	$0
May 1995	0	984	17.56	—	$0
Apr 1995	0	1,059	17.73	—	$0
Mar 1995	0	1,109	16.44	—	$0
Feb 1995	0	1,069	16.58	—	$0
Jan 1995	0	1,243	15.92	—	$0
Dec 1994	0	1,163	15.03	—	$0
Nov 1994	0	1,148	15.90	—	$0
Oct 1994	0	1,050	15.58	—	$0
Sep 1994	0	1,077	15.29	—	$0
Aug 1994	0	940	16.13	—	$0
Jul 1994	0	997	17.56	—	$0
Jun 1994	0	1,009	17.09	—	$0
May 1994	0	1,115	15.88	—	$0
Apr 1994	0	1,387	14.14	—	$0
Mar 1994	0	1,400	12.46	—	$0
Feb 1994	0	1,212	12.50	—	$0
Jan 1994	0	1,510	12.66	—	$0
Dec 1993	0	1,505	12.33	—	$0
Nov 1993	0	1,359	14.49	—	$0
Oct 1993	0	1,277	15.85	—	$0
Sep 1993	0	1,075	15.03	—	$0
Aug 1993	0	1,126	15.66	—	$0
Jul 1993	0	1,024	15.46	—	$0
Jun 1993	0	1,116	16.79	—	$0
May 1993	0	1,139	17.68	—	$0
Apr 1993	0	1,312	18.05	—	$0
Mar 1993	0	1,297	18.14	—	$0
Feb 1993	0	1,174	17.90	—	$0
Jan 1993	0	1,625	16.93	—	$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.

Sep 2012 — as filed, then multipliedworked

Condensate             3 bbl  × $ 94.67 =       $284
Gas                    0 Mcf  × $  2.92 =         $0

────────────────────────────────────────────────────
Month total                                     $284

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/21953 is the state's own key, not one this site invented.