FAIR

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

Gas lease lease 60782District 10Field 11226200CondensateGasSaveExport
Value, all time
$144 k
Jan 1993 – Feb 2003
Value, last 12 filed months
$0
at the published price for each month
Months reported
122
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 141 leases and 152 wells, and the rule below applies to all of them.

Discovered
1959-09-16
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 2002-10-01.

The Commission's schedule remark for this field reads: 53869 270 EFF 4/5/11.

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
CondensateDisposition265 bbl$4,169
GasProduction165,171 Mcf$140,251
Total$144,419

119,383 Mcf of this lease's gas, across 47 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 36.2864, -100.3649. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.28638, -100.36494 · 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
100.0%
1 of 1 wells
Median depth
7,702 ft
1 wells filed one
Completion to plug
28.1 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 7,702 ft.

Completions filed
Jan 1975
1 of 1 wells
Plug dates filed
Feb 2003
1 of 1 wells

Last completion to plug: a median of 28.1 years across the 1 well that filed both dates, with the middle half between 28.1 years and 28.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2953016517,702 ftJan 1975Feb 2003Yes

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 (122)

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

122 months

Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 200101,00527.755.77$5,796
Jan 200103,79527.478.40$31,873
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
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 199910023.192.43$232
Oct 19990020.982.80$0
Sep 19995021.752.62$109
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 199894011.301.91$1,062
Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 19980312.622.21$7
Apr 199801,60313.042.51$4,016
Mar 199802,43612.802.31$5,626
Feb 199802,32813.952.30$5,352
Jan 199802,75114.702.15$5,928
Dec 199702,68416.322.41$6,471
Nov 199702,70118.193.09$8,341
Oct 199702,61719.253.15$8,243
Sep 199702,65417.742.95$7,842
Aug 199702,81417.862.55$7,189
Jul 199702,94917.582.25$6,626
Jun 199702,21517.242.26$5,000
May 199702,37718.972.31$5,487
Apr 199702,64217.882.08$5,503
Mar 199702,94018.951.94$5,701
Feb 199702,56420.492.21$5,656
Jan 199702,71023.483.54$9,593
Dec 199602,93523.32$0
Nov 199602,92121.97$0
Oct 199603,21423.31$0
Sep 199602,77222.22$0
Aug 199603,18920.26$0
Jul 199603,28019.55$0
Jun 199603,41618.73$0
May 199603,79219.43$0
Apr 199601,53721.51$0
Mar 199601,60119.38$0
Feb 199602,99416.98$0
Jan 199603,05417.07$0
Dec 199503,28617.19$0
Nov 199503,14016.00$0
Oct 199503,10015.43$0
Sep 199503,09416.18$0
Aug 199502,94415.92$0
Jul 199503,24415.24$0
Jun 199503,49516.41$0
May 199504,10817.56$0
Apr 19951563,62017.73$2,766
Mar 1995057916.44$0
Feb 199501,04116.58$0
Jan 199501,29415.92$0
Dec 199402,68415.03$0
Nov 199401,91115.90$0
Oct 199401,22615.58$0
Sep 199401,05115.29$0
Aug 199401,28516.13$0
Jul 199401,61517.56$0
Jun 199401,99717.09$0
May 199402,31315.88$0
Apr 199402,64314.14$0
Mar 199403,03912.46$0
Feb 199402,35912.50$0
Jan 199402,39312.66$0
Dec 199302,79112.33$0
Nov 199302,54414.49$0
Oct 199302,77415.85$0
Sep 199302,02015.03$0
Aug 199302,11315.66$0
Jul 19930015.46$0
Jun 199302,27716.79$0
May 199302,25517.68$0
Apr 199302,38918.05$0
Mar 199302,75718.14$0
Feb 199302,39717.90$0
Jan 199302,90016.93$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 2001 — as filed, then multipliedworked
Condensate             0 bbl  × $ 27.75 =         $0
Gas                1,005 Mcf  × $  5.77 =     $5,796

────────────────────────────────────────────────────
Month total                                   $5,796

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/60782 is the state's own key, not one this site invented.