STEELE, J. I. -B-

Operated by APACHE CORPORATION (P-5 27200) in the TWIN (MORROW) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 1938District 10Field 92038666OilCasinghead gasSaveExport
Value, all time
$849 k
Jan 1993 – Sep 2011
Value, last 12 filed months
$0
at the published price for each month
Months reported
225
no gaps in the span
Streams
2
oil, casinghead 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 8 leases and 19 wells, and the rule below applies to all of them.

Discovered
1954-10-14
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
660 ft
minimum

A drilling unit in this field needs at least 40 acres.

The Commission's schedule remark for this field reads: OIL TOP 121 MER OIL UNIT 40 AC WITH 20 AC TOLL ON LAST WELL

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
OilDisposition14,264 bbl$260,320
Casinghead gasProduction357,457 Mcf$588,483
Total$848,803

171,236 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 (7)

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 36.3215, -101.1903. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.7 miles.

36.32254, -101.19040 · 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%
7 of 7 wells
With a plug date
85.7%
6 of 7 wells
Median depth
7,210 ft
7 wells filed one
Completion to plug
31.7 years
median over 5 wells

What the state filed about each well

On the RRC proration schedule
7100.0%
A plug date is filed
685.7%
BothOn the schedule and plugged. Neither fact cancels the other.
685.7%
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

Between 3,160 and 7,910 ft, median 7,210 ft, over the 7 wells that filed a depth.

Completions filed
Oct 1958 – Jan 2016
6 of 7 wells; 1 filed none
Plug dates filed
Dec 1983 – Nov 2008
6 of 7 wells; 1 filed none

Last completion to plug: a median of 31.7 years across the 5 wells that filed both dates, with the middle half between 17.7 years and 34.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

7 wells

42-1958075977,152 ftDec 1983Yes
42-1950092757,212 ftJan 2016Yes
42-1950092637,272 ftApr 2008Nov 2008Yes
42-1958075313,160 ftApr 1966Dec 1983Yes
42-1950114867,130 ftFeb 1959Oct 1990Yes
42-1950121947,210 ftDec 1958Jul 1993Yes
42-195009362 U7,910 ftOct 1958Jun 2008Yes

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 (225)

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

225 months

Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
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 200547061.4512.08$2,888
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 2005014249.207.36$1,045
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 20040042.375.55$0
Jul 200401938.286.08$116
Jun 200418288736.106.43$12,276
May 200401,37337.486.49$8,917
Apr 20042021,67434.475.86$16,770
Mar 200401,54234.365.53$8,527
Feb 200401,06532.455.51$5,868
Jan 20042001,41132.036.30$15,295
Dec 200301,22230.266.30$7,701
Nov 200301,49128.804.60$6,851
Oct 20031971,52628.174.76$12,813
Sep 200301,44026.314.75$6,839
Aug 200301,44829.765.13$7,428
Jul 20031941,49729.415.17$13,446
Jun 200301,24128.565.98$7,425
May 200301,55426.595.97$9,282
Apr 200301,00726.675.41$5,445
Mar 200301,16131.146.10$7,078
Feb 200301233.487.93$95
Jan 20031889030.315.58$6,201
Dec 2002078126.914.85$3,791
Nov 200201,07624.664.14$4,451
Oct 200201,34526.464.23$5,688
Sep 200201,34127.443.64$4,875
Aug 2002067125.963.16$2,123
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20021941,12924.663.58$8,830
Apr 200201,34623.653.51$4,728
Mar 200201,03322.003.10$3,205
Feb 2002097618.222.38$2,319
Jan 20021921,03717.172.38$5,760
Dec 200101,31116.932.36$3,100
Nov 200101,13918.072.41$2,740
Oct 200101,37019.782.53$3,465
Sep 20011911,35724.262.25$7,689
Aug 200101,45424.873.05$4,439
Jul 2001090723.933.20$2,900
Jun 200101,45524.563.82$5,564
May 200101,38625.524.31$5,970
Apr 20011831,38724.685.34$11,917
Mar 2001076424.545.38$4,108
Feb 200101,39927.755.77$8,068
Jan 200101,57027.478.40$13,186
Dec 20001901,17426.889.12$15,817
Nov 2000067632.215.66$3,825
Oct 200002,28431.235.15$11,752
Sep 200001,45431.875.19$7,541
Aug 200001,14629.644.54$5,204
Jul 20002061,01028.534.09$10,008
Jun 200002,34629.304.40$10,316
May 200002,93327.263.68$10,793
Apr 200002,87324.513.12$8,952
Mar 200002,95328.422.86$8,445
Feb 20001922,63827.622.73$12,496
Jan 200003,06025.272.48$7,590
Dec 199902,60424.282.42$6,311
Nov 19991883,24723.192.43$12,263
Oct 199904,27020.982.80$11,972
Sep 199902,96321.752.62$7,760
Aug 19991123,35619.262.88$11,808
Jul 199903,68817.892.37$8,749
Jun 199903,40315.942.36$8,038
May 19991823,19015.792.32$10,278
Apr 199903,23715.102.21$7,147
Mar 19991893,46912.471.84$8,734
Feb 199903,0029.981.82$5,457
Jan 19991952,58810.381.90$6,941
Dec 199802,3519.201.77$4,169
Nov 19982133,23510.892.19$9,390
Oct 199802,73112.421.97$5,378
Sep 199803,55612.592.08$7,406
Aug 199803,71011.301.91$7,076
Jul 199803,75211.742.24$8,394
Jun 19981903,58711.242.24$10,161
May 199803,91412.622.21$8,636
Apr 19981923,48913.042.51$11,245
Mar 199803,50012.802.31$8,083
Feb 19981993,12713.952.30$9,965
Jan 199802,55514.702.15$5,505
Dec 199703,12016.322.41$7,523
Nov 19971913,12118.193.09$13,113
Oct 199703,12919.253.15$9,856
Sep 199702,98017.742.95$8,806
Aug 199703,10617.862.55$7,935
Jul 199703,15517.582.25$7,089
Jun 199703,31017.242.26$7,471
May 19971863,29018.972.31$11,123
Apr 199702,13617.882.08$4,449
Mar 199702,47418.951.94$4,797
Feb 19971872,57320.492.21$9,507
Jan 199702,72023.483.54$9,628
Dec 19961842,68423.32$4,291
Nov 199602,75521.97$0
Oct 19961962,91923.31$4,569
Sep 199602,87422.22$0
Aug 19961962,83820.26$3,971
Jul 199602,87919.55$0
Jun 199603,01318.73$0
May 19961813,10319.43$3,517
Apr 199602,79821.51$0
Mar 199602,58819.38$0
Feb 19961942,23416.98$3,294
Jan 19961883,32917.07$3,209
Dec 199503,59117.19$0
Nov 19951823,68216.00$2,912
Oct 199503,99715.43$0
Sep 19952013,60316.18$3,252
Aug 199504,28015.92$0
Jul 199504,06715.24$0
Jun 199503,45216.41$0
May 19952134,13517.56$3,740
Apr 199504,27617.73$0
Mar 19952123,87916.44$3,485
Feb 199503,17116.58$0
Jan 199501,78515.92$0
Dec 19941943,47315.03$2,916
Nov 19941983,82815.90$3,148
Oct 19941984,81115.58$3,085
Sep 19943764,76015.29$5,749
Aug 19941804,66816.13$2,903
Jul 19941865,16117.56$3,266
Jun 19943744,62017.09$6,392
May 19941934,18115.88$3,065
Apr 19943713,38414.14$5,246
Mar 19943883,76212.46$4,834
Feb 19943743,21812.50$4,675
Jan 19943863,42212.66$4,887
Dec 19933783,40512.33$4,661
Nov 19935573,33914.49$8,071
Oct 19933784,16815.85$5,991
Sep 19931874,31515.03$2,811
Aug 19931862,85615.66$2,913
Jul 19933774,41915.46$5,828
Jun 19933814,36516.79$6,397
May 19935534,63217.68$9,777
Apr 19933683,64618.05$6,642
Mar 19933734,35718.14$6,766
Feb 199301,47717.90$0
Jan 19933793,03716.93$6,416

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 2005 — as filed, then multipliedworked
Oil                   47 bbl  × $ 61.45 =     $2,888
Casinghead gas         0 Mcf  × $ 12.08 =         $0

────────────────────────────────────────────────────
Month total                                   $2,888

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/O/1938 is the state's own key, not one this site invented.