STEELE-57

Name: STEELE-57 lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by FAULCONER, VERNON E., INC. (P-5 263701) in the SPEARMAN, EAST (ATOKA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 37698District 10Field 85000200CondensateGasSave Export

Value, all time

$4.1 M

Jan 1993 – Mar 2010

Value, last 12 filed months

at the published price for each month

Months reported

207

no gaps in the span

Streams

condensate, gas

The SPEARMAN, EAST (ATOKA) 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 40 leases and 41 wells, and the rule below applies to all of them.

Discovered

1956-09-13

as the register files it

Field class

Oil and gas

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 80 acres.

The Commission's schedule remark for this field reads: “PER LETTER OF APPROVAL FIELD TO BECOME 100% AOF EFF. 5/1/92”

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	1,546 bbl	$39,702
Gas	Production	1,504,461 Mcf	$4,057,589
Total			$4,097,291

570,444 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 36.3553, -101.1502. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.35527, -101.15018 · 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

6,952 ft

1 wells filed one

Completion to plug

43.6 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 6,952 ft.

Completions filed

Aug 1965

1 of 1 wells

Plug dates filed

Mar 2009

1 of 1 wells

Last completion to plug: a median of 43.6 years across the 1 well that filed both dates, with the middle half between 43.6 years and 43.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-19500280	1 A	6,952 ft	Aug 1965	Mar 2009	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 (207)

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

207 months


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	0	72.54	4.11	$0
Sep 2009	0	0	65.54	3.06	$0
Aug 2009	0	0	67.42	3.22	$0
Jul 2009	0	0	61.13	3.46	$0
Jun 2009	0	0	66.16	3.90	$0
May 2009	0	0	54.74	3.93	$0
Apr 2009	0	0	46.77	3.59	$0
Mar 2009	0	0	42.14	4.06	$0
Feb 2009	65	0	32.81	4.63	$2,133
Jan 2009	0	0	35.86	5.37	$0
Dec 2008	0	0	37.10	5.98	$0
Nov 2008	0	15	55.49	6.86	$103
Oct 2008	0	2	75.24	6.92	$14
Sep 2008	0	0	101.76	7.88	$0
Aug 2008	0	3	114.22	8.48	$25
Jul 2008	0	188	131.08	11.39	$2,141
Jun 2008	0	10	131.33	13.03	$130
May 2008	0	0	123.17	11.57	$0
Apr 2008	0	0	110.31	10.45	$0
Mar 2008	0	3,566	101.90	9.66	$34,462
Feb 2008	0	5,316	92.53	8.77	$46,624
Jan 2008	0	5,607	90.38	8.21	$46,010
Dec 2007	0	5,747	88.33	7.30	$41,964
Nov 2007	0	5,328	91.67	7.29	$38,850
Oct 2007	0	5,267	82.85	6.92	$36,458
Sep 2007	0	5,005	75.84	6.24	$31,252
Aug 2007	0	5,257	69.06	6.39	$33,581
Jul 2007	0	4,932	70.90	6.39	$31,505
Jun 2007	0	5,141	62.00	7.55	$38,807
May 2007	0	5,222	58.74	7.85	$40,973
Apr 2007	0	5,206	59.61	7.81	$40,634
Mar 2007	0	5,415	56.92	7.30	$39,540
Feb 2007	0	4,818	55.10	8.22	$39,585
Jan 2007	0	3,591	50.30	6.73	$24,156
Dec 2006	0	5,368	56.65	6.92	$37,138
Nov 2006	0	5,344	54.20	7.62	$40,708
Oct 2006	0	3,203	54.90	6.01	$19,262
Sep 2006	0	4,374	60.08	5.04	$22,033
Aug 2006	0	5,231	68.71	7.34	$38,395
Jul 2006	0	3,811	69.37	6.34	$24,172
Jun 2006	0	2,379	66.28	6.38	$15,187
May 2006	0	2,143	66.01	6.42	$13,769
Apr 2006	0	4,554	64.39	7.36	$33,520
Mar 2006	0	4,402	56.70	7.08	$31,179
Feb 2006	0	3,631	57.59	7.75	$28,144
Jan 2006	0	3,556	60.59	8.93	$31,767
Dec 2005	0	2,716	54.94	13.42	$36,436
Nov 2005	0	1,711	54.69	10.59	$18,117
Oct 2005	0	1,386	58.34	13.80	$19,121
Sep 2005	0	50	61.45	12.08	$604
Aug 2005	0	0	61.51	9.80	$0
Jul 2005	0	0	55.69	7.84	$0
Jun 2005	0	5,097	52.33	7.38	$37,621
May 2005	0	7,014	45.22	6.65	$46,651
Apr 2005	0	6,287	49.20	7.36	$46,275
Mar 2005	187	6,530	50.37	7.15	$56,141
Feb 2005	0	6,574	45.22	6.31	$41,495
Jan 2005	0	6,570	43.16	6.32	$41,537
Dec 2004	0	7,053	39.86	6.75	$47,615
Nov 2004	0	5,785	45.28	6.33	$36,621
Oct 2004	0	3,257	49.70	6.52	$21,220
Sep 2004	0	4,847	43.24	5.28	$25,611
Aug 2004	0	5,216	42.37	5.55	$28,952
Jul 2004	0	7,039	38.28	6.08	$42,827
Jun 2004	0	6,946	36.10	6.43	$44,684
May 2004	0	7,244	37.48	6.49	$47,047
Apr 2004	0	6,890	34.47	5.86	$40,365
Mar 2004	0	7,111	34.36	5.53	$39,325
Feb 2004	0	6,442	32.45	5.51	$35,493
Jan 2004	189	6,989	32.03	6.30	$50,082
Dec 2003	0	7,222	30.26	6.30	$45,510
Nov 2003	0	6,492	28.80	4.60	$29,832
Oct 2003	0	7,179	28.17	4.76	$34,169
Sep 2003	0	7,315	26.31	4.75	$34,742
Aug 2003	0	6,100	29.76	5.13	$31,291
Jul 2003	0	6,785	29.41	5.17	$35,084
Jun 2003	0	6,465	28.56	5.98	$38,680
May 2003	0	7,039	26.59	5.97	$42,042
Apr 2003	0	6,078	26.67	5.41	$32,865
Mar 2003	0	8,038	31.14	6.10	$49,000
Feb 2003	0	6,733	33.48	7.93	$53,365
Jan 2003	0	8,561	30.31	5.58	$47,788
Dec 2002	0	7,124	26.91	4.85	$34,578
Nov 2002	0	7,382	24.66	4.14	$30,539
Oct 2002	0	5,793	26.46	4.23	$24,499
Sep 2002	0	5,354	27.44	3.64	$19,463
Aug 2002	0	6,365	25.96	3.16	$20,140
Jul 2002	0	8,266	24.58	3.06	$25,309
Jun 2002	0	8,027	23.73	3.34	$26,796
May 2002	0	6,307	24.66	3.58	$22,604
Apr 2002	169	5,414	23.65	3.51	$23,013
Mar 2002	0	8,355	22.00	3.10	$25,923
Feb 2002	0	5,809	18.22	2.38	$13,800
Jan 2002	0	8,441	17.17	2.38	$20,053
Dec 2001	0	8,917	16.93	2.36	$21,083
Nov 2001	0	6,663	18.07	2.41	$16,028
Oct 2001	0	7,095	19.78	2.53	$17,942
Sep 2001	0	7,058	24.26	2.25	$15,890
Aug 2001	0	7,412	24.87	3.05	$22,630
Jul 2001	0	8,795	23.93	3.20	$28,118
Jun 2001	0	7,983	24.56	3.82	$30,528
May 2001	0	6,519	25.52	4.31	$28,079
Apr 2001	0	5,950	24.68	5.34	$31,745
Mar 2001	0	8,595	24.54	5.38	$46,211
Feb 2001	0	7,772	27.75	5.77	$44,822
Jan 2001	0	9,608	27.47	8.40	$80,695
Dec 2000	0	7,475	26.88	9.12	$68,191
Nov 2000	0	9,010	32.21	5.66	$50,979
Oct 2000	0	8,773	31.23	5.15	$45,141
Sep 2000	0	8,106	31.87	5.19	$42,042
Aug 2000	151	8,950	29.64	4.54	$45,115
Jul 2000	0	9,017	28.53	4.09	$36,877
Jun 2000	0	8,804	29.30	4.40	$38,713
May 2000	0	9,033	27.26	3.68	$33,239
Apr 2000	0	8,867	24.51	3.12	$27,630
Mar 2000	0	9,247	28.42	2.86	$26,444
Feb 2000	0	7,467	27.62	2.73	$20,359
Jan 2000	0	9,473	25.27	2.48	$23,498
Dec 1999	0	9,304	24.28	2.42	$22,550
Nov 1999	0	9,047	23.19	2.43	$22,020
Oct 1999	0	8,387	20.98	2.80	$23,515
Sep 1999	0	8,259	21.75	2.62	$21,629
Aug 1999	0	8,927	19.26	2.88	$25,670
Jul 1999	0	9,223	17.89	2.37	$21,880
Jun 1999	0	7,042	15.94	2.36	$16,634
May 1999	0	8,341	15.79	2.32	$19,360
Apr 1999	0	7,158	15.10	2.21	$15,805
Mar 1999	0	8,971	12.47	1.84	$16,492
Feb 1999	0	7,049	9.98	1.82	$12,814
Jan 1999	0	8,936	10.38	1.90	$16,978
Dec 1998	0	7,198	9.20	1.77	$12,764
Nov 1998	0	8,618	10.89	2.19	$18,837
Oct 1998	0	8,632	12.42	1.97	$16,998
Sep 1998	0	9,150	12.59	2.08	$19,056
Aug 1998	0	8,377	11.30	1.91	$15,978
Jul 1998	0	10,117	11.74	2.24	$22,634
Jun 1998	0	10,105	11.24	2.24	$22,608
May 1998	0	10,605	12.62	2.21	$23,398
Apr 1998	0	7,874	13.04	2.51	$19,727
Mar 1998	0	9,004	12.80	2.31	$20,794
Feb 1998	0	7,940	13.95	2.30	$18,255
Jan 1998	0	8,721	14.70	2.15	$18,792
Dec 1997	156	9,695	16.32	2.41	$25,922
Nov 1997	0	9,346	18.19	3.09	$28,863
Oct 1997	0	9,304	19.25	3.15	$29,306
Sep 1997	0	9,843	17.74	2.95	$29,085
Aug 1997	0	10,450	17.86	2.55	$26,697
Jul 1997	0	10,484	17.58	2.25	$23,557
Jun 1997	0	10,575	17.24	2.26	$23,870
May 1997	0	11,197	18.97	2.31	$25,848
Apr 1997	0	10,378	17.88	2.08	$21,615
Mar 1997	0	11,774	18.95	1.94	$22,831
Feb 1997	0	9,545	20.49	2.21	$21,055
Jan 1997	0	8,822	23.48	3.54	$31,227
Dec 1996	0	10,478	23.32	—	$0
Nov 1996	0	10,758	21.97	—	$0
Oct 1996	0	11,254	23.31	—	$0
Sep 1996	0	11,358	22.22	—	$0
Aug 1996	0	11,038	20.26	—	$0
Jul 1996	0	11,534	19.55	—	$0
Jun 1996	0	11,306	18.73	—	$0
May 1996	0	11,670	19.43	—	$0
Apr 1996	144	11,355	21.51	—	$3,097
Mar 1996	0	11,816	19.38	—	$0
Feb 1996	0	9,773	16.98	—	$0
Jan 1996	0	11,112	17.07	—	$0
Dec 1995	0	11,008	17.19	—	$0
Nov 1995	0	11,257	16.00	—	$0
Oct 1995	0	11,558	15.43	—	$0
Sep 1995	0	11,479	16.18	—	$0
Aug 1995	0	11,989	15.92	—	$0
Jul 1995	0	12,045	15.24	—	$0
Jun 1995	0	10,649	16.41	—	$0
May 1995	0	11,914	17.56	—	$0
Apr 1995	0	11,640	17.73	—	$0
Mar 1995	169	11,825	16.44	—	$2,778
Feb 1995	8	10,486	16.58	—	$133
Jan 1995	0	11,877	15.92	—	$0
Dec 1994	0	11,906	15.03	—	$0
Nov 1994	0	11,909	15.90	—	$0
Oct 1994	0	12,554	15.58	—	$0
Sep 1994	0	12,066	15.29	—	$0
Aug 1994	0	12,582	16.13	—	$0
Jul 1994	0	12,607	17.56	—	$0
Jun 1994	0	11,427	17.09	—	$0
May 1994	0	11,321	15.88	—	$0
Apr 1994	0	11,612	14.14	—	$0
Mar 1994	0	13,084	12.46	—	$0
Feb 1994	0	11,853	12.50	—	$0
Jan 1994	0	13,396	12.66	—	$0
Dec 1993	0	13,224	12.33	—	$0
Nov 1993	130	13,190	14.49	—	$1,884
Oct 1993	0	12,947	15.85	—	$0
Sep 1993	0	13,499	15.03	—	$0
Aug 1993	0	13,680	15.66	—	$0
Jul 1993	0	13,177	15.46	—	$0
Jun 1993	0	13,122	16.79	—	$0
May 1993	0	13,713	17.68	—	$0
Apr 1993	0	12,529	18.05	—	$0
Mar 1993	0	14,409	18.14	—	$0
Feb 1993	178	7,547	17.90	—	$3,186
Jan 1993	0	11,911	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.

Feb 2009 — as filed, then multipliedworked

Condensate            65 bbl  × $ 32.81 =     $2,133
Gas                    0 Mcf  × $  4.63 =         $0

────────────────────────────────────────────────────
Month total                                   $2,133

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/37698 is the state's own key, not one this site invented.