CONVERSE

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

Operated by LINN OPERATING, INC. (P-5 501545) in the HORIZON (CLEVELAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 2631District 10Field 42597332OilCasinghead gasSave Export

Value, all time

$3.5 M

Jan 1993 – Jan 2015

Value, last 12 filed months

at the published price for each month

Months reported

265

no gaps in the span

Streams

oil, casinghead gas

The HORIZON (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 172 leases and 292 wells, and the rule below applies to all of them.

Discovered

1957-09-19

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 field rule took effect on 1958-06-01.

The Commission's schedule remark for this field reads: “PETRO (CLEVELAND) FLD 68735120 EFC 5/1/11”

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.

Stream	Basis	Volume	Value
Oil	Disposition	65,783 bbl	$2,475,955
Casinghead gas	Production	238,280 Mcf	$977,181
Total			$3,453,136

54,424 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 36.1148, -101.0679. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.11483, -101.06795 · 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

0.0%

0 of 1 wells

Median depth

8,650 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 8,650 ft.

Completions filed

Jun 1962

1 of 1 wells

1 well


42-35700428	103	8,650 ft	Jun 1962	—	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 (265)

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

265 months


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	0	0	94.67	2.92	$0
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	247	0	101.10	2.57	$24,972
Jan 2012	0	584	98.09	2.73	$1,597
Dec 2011	175	123	96.87	3.24	$17,351
Nov 2011	367	872	95.72	3.31	$38,017
Oct 2011	0	1,719	84.98	3.65	$6,272
Sep 2011	158	1,205	83.62	3.99	$18,015
Aug 2011	188	1,543	83.40	4.15	$22,082
Jul 2011	375	1,365	94.14	4.52	$41,469
Jun 2011	189	1,241	92.90	4.64	$23,316
May 2011	188	1,451	98.13	4.40	$24,840
Apr 2011	194	1,456	105.96	4.33	$26,866
Mar 2011	384	1,374	96.36	4.06	$42,577
Feb 2011	0	1,035	85.64	4.18	$4,326
Jan 2011	376	1,302	86.50	4.59	$38,499
Dec 2010	387	1,391	85.73	4.35	$39,225
Nov 2010	0	1,202	80.84	3.80	$4,562
Oct 2010	382	1,275	78.10	3.51	$34,308
Sep 2010	175	1,198	72.63	3.98	$17,478
Aug 2010	379	1,114	73.68	4.42	$32,848
Jul 2010	192	1,162	72.55	4.74	$19,433
Jun 2010	177	926	70.36	4.91	$17,001
May 2010	190	1,286	71.12	4.24	$18,959
Apr 2010	923	1,199	81.69	4.12	$80,343
Mar 2010	193	970	78.39	4.39	$19,386
Feb 2010	0	1,345	73.58	5.44	$7,320
Jan 2010	0	1,366	74.36	5.96	$8,147
Dec 2009	190	1,183	71.44	5.48	$20,061
Nov 2009	379	1,296	74.59	3.75	$33,132
Oct 2009	189	1,480	72.54	4.11	$19,793
Sep 2009	192	1,443	65.54	3.06	$17,006
Aug 2009	577	1,574	67.42	3.22	$43,967
Jul 2009	178	1,223	61.13	3.46	$15,118
Jun 2009	193	1,605	66.16	3.90	$19,020
May 2009	385	1,609	54.74	3.93	$27,391
Apr 2009	180	1,201	46.77	3.59	$12,727
Mar 2009	188	1,453	42.14	4.06	$13,820
Feb 2009	188	1,313	32.81	4.63	$12,251
Jan 2009	200	1,073	35.86	5.37	$12,935
Dec 2008	195	1,314	37.10	5.98	$15,088
Nov 2008	389	1,386	55.49	6.86	$31,094
Oct 2008	194	577	75.24	6.92	$18,591
Sep 2008	392	949	101.76	7.88	$47,365
Aug 2008	0	1,239	114.22	8.48	$10,510
Jul 2008	390	1,252	131.08	11.39	$65,381
Jun 2008	194	1,269	131.33	13.03	$42,016
May 2008	386	1,239	123.17	11.57	$61,884
Apr 2008	192	1,092	110.31	10.45	$32,596
Mar 2008	199	1,143	101.90	9.66	$31,324
Feb 2008	195	1,307	92.53	8.77	$29,507
Jan 2008	201	1,063	90.38	8.21	$26,889
Dec 2007	196	1,189	88.33	7.30	$25,995
Nov 2007	200	1,263	91.67	7.29	$27,543
Oct 2007	197	1,153	82.85	6.92	$24,302
Sep 2007	185	1,279	75.84	6.24	$22,017
Aug 2007	378	1,532	69.06	6.39	$35,891
Jul 2007	194	1,464	70.90	6.39	$23,107
Jun 2007	387	1,413	62.00	7.55	$34,660
May 2007	195	1,347	58.74	7.85	$22,023
Apr 2007	374	1,251	59.61	7.81	$32,058
Mar 2007	200	1,422	56.92	7.30	$21,767
Feb 2007	0	932	55.10	8.22	$7,657
Jan 2007	0	502	50.30	6.73	$3,377
Dec 2006	197	356	56.65	6.92	$13,623
Nov 2006	193	1,281	54.20	7.62	$20,219
Oct 2006	386	1,349	54.90	6.01	$29,304
Sep 2006	203	1,279	60.08	5.04	$18,639
Aug 2006	390	1,313	68.71	7.34	$36,434
Jul 2006	379	1,449	69.37	6.34	$35,482
Jun 2006	387	1,672	66.28	6.38	$36,324
May 2006	381	1,249	66.01	6.42	$33,175
Apr 2006	190	1,098	64.39	7.36	$20,316
Mar 2006	191	1,004	56.70	7.08	$17,941
Feb 2006	190	404	57.59	7.75	$14,074
Jan 2006	385	1,282	60.59	8.93	$34,780
Dec 2005	394	1,254	54.94	13.42	$38,469
Nov 2005	196	1,338	54.69	10.59	$24,887
Oct 2005	195	1,329	58.34	13.80	$29,711
Sep 2005	175	1,318	61.45	12.08	$26,674
Aug 2005	391	1,349	61.51	9.80	$37,266
Jul 2005	192	1,361	55.69	7.84	$21,368
Jun 2005	188	1,105	52.33	7.38	$17,994
May 2005	571	1,454	45.22	6.65	$35,491
Apr 2005	198	793	49.20	7.36	$15,578
Mar 2005	196	1,294	50.37	7.15	$19,131
Feb 2005	378	1,540	45.22	6.31	$26,814
Jan 2005	185	601	43.16	6.32	$11,784
Dec 2004	366	784	39.86	6.75	$19,882
Nov 2004	188	836	45.28	6.33	$13,805
Oct 2004	382	748	49.70	6.52	$23,859
Sep 2004	0	782	43.24	5.28	$4,132
Aug 2004	374	748	42.37	5.55	$19,998
Jul 2004	186	1,159	38.28	6.08	$14,172
Jun 2004	188	1,105	36.10	6.43	$13,895
May 2004	377	1,305	37.48	6.49	$22,605
Apr 2004	184	1,637	34.47	5.86	$15,933
Mar 2004	375	1,650	34.36	5.53	$22,010
Feb 2004	189	1,406	32.45	5.51	$13,880
Jan 2004	376	1,281	32.03	6.30	$20,113
Dec 2003	378	1,584	30.26	6.30	$21,420
Nov 2003	188	1,421	28.80	4.60	$11,944
Oct 2003	372	1,535	28.17	4.76	$17,785
Sep 2003	372	1,391	26.31	4.75	$16,394
Aug 2003	183	2,016	29.76	5.13	$15,788
Jul 2003	548	451	29.41	5.17	$18,449
Jun 2003	183	73	28.56	5.98	$5,663
May 2003	0	289	26.59	5.97	$1,726
Apr 2003	200	343	26.67	5.41	$7,189
Mar 2003	398	1,384	31.14	6.10	$20,831
Feb 2003	199	0	33.48	7.93	$6,663
Jan 2003	395	0	30.31	5.58	$11,972
Dec 2002	196	1,639	26.91	4.85	$13,230
Nov 2002	383	1,456	24.66	4.14	$15,468
Oct 2002	197	1,893	26.46	4.23	$13,218
Sep 2002	379	0	27.44	3.64	$10,400
Aug 2002	373	1,123	25.96	3.16	$13,236
Jul 2002	186	1,183	24.58	3.06	$8,194
Jun 2002	565	936	23.73	3.34	$16,532
May 2002	195	1,103	24.66	3.58	$8,762
Apr 2002	196	1,113	23.65	3.51	$8,545
Mar 2002	376	1,176	22.00	3.10	$11,921
Feb 2002	193	1,134	18.22	2.38	$6,210
Jan 2002	313	1,072	17.17	2.38	$7,921
Dec 2001	400	1,108	16.93	2.36	$9,392
Nov 2001	187	1,028	18.07	2.41	$5,852
Oct 2001	399	993	19.78	2.53	$10,403
Sep 2001	188	448	24.26	2.25	$5,569
Aug 2001	201	1,020	24.87	3.05	$8,113
Jul 2001	389	1,001	23.93	3.20	$12,509
Jun 2001	375	1,072	24.56	3.82	$13,310
May 2001	194	1,192	25.52	4.31	$10,085
Apr 2001	191	1,089	24.68	5.34	$10,524
Mar 2001	547	802	24.54	5.38	$17,735
Feb 2001	352	431	27.75	5.77	$12,254
Jan 2001	177	859	27.47	8.40	$12,077
Dec 2000	392	847	26.88	9.12	$18,264
Nov 2000	354	759	32.21	5.66	$15,697
Oct 2000	385	404	31.23	5.15	$14,102
Sep 2000	195	580	31.87	5.19	$9,223
Aug 2000	191	659	29.64	4.54	$8,654
Jul 2000	387	654	28.53	4.09	$13,716
Jun 2000	191	591	29.30	4.40	$8,195
May 2000	381	764	27.26	3.68	$13,197
Apr 2000	341	591	24.51	3.12	$10,199
Mar 2000	194	832	28.42	2.86	$7,893
Feb 2000	200	783	27.62	2.73	$7,659
Jan 2000	384	796	25.27	2.48	$11,678
Dec 1999	398	765	24.28	2.42	$11,518
Nov 1999	199	672	23.19	2.43	$6,250
Oct 1999	325	605	20.98	2.80	$8,515
Sep 1999	315	650	21.75	2.62	$8,554
Aug 1999	333	898	19.26	2.88	$8,996
Jul 1999	378	1,340	17.89	2.37	$9,941
Jun 1999	182	1,190	15.94	2.36	$5,712
May 1999	565	1,162	15.79	2.32	$11,618
Apr 1999	0	965	15.10	2.21	$2,131
Mar 1999	539	1,171	12.47	1.84	$8,874
Feb 1999	0	739	9.98	1.82	$1,343
Jan 1999	384	500	10.38	1.90	$4,936
Dec 1998	386	443	9.20	1.77	$4,337
Nov 1998	348	870	10.89	2.19	$5,691
Oct 1998	183	504	12.42	1.97	$3,265
Sep 1998	368	290	12.59	2.08	$5,237
Aug 1998	190	292	11.30	1.91	$2,704
Jul 1998	188	298	11.74	2.24	$2,874
Jun 1998	351	353	11.24	2.24	$4,735
May 1998	191	193	12.62	2.21	$2,836
Apr 1998	539	608	13.04	2.51	$8,552
Mar 1998	0	745	12.80	2.31	$1,721
Feb 1998	502	863	13.95	2.30	$8,987
Jan 1998	351	717	14.70	2.15	$6,705
Dec 1997	348	760	16.32	2.41	$7,512
Nov 1997	387	676	18.19	3.09	$9,127
Oct 1997	387	678	19.25	3.15	$9,585
Sep 1997	187	378	17.74	2.95	$4,434
Aug 1997	336	353	17.86	2.55	$6,903
Jul 1997	306	420	17.58	2.25	$6,323
Jun 1997	188	607	17.24	2.26	$4,611
May 1997	558	812	18.97	2.31	$12,460
Apr 1997	0	507	17.88	2.08	$1,056
Mar 1997	381	629	18.95	1.94	$8,440
Feb 1997	193	511	20.49	2.21	$5,082
Jan 1997	191	427	23.48	3.54	$5,996
Dec 1996	190	1,111	23.32	—	$4,431
Nov 1996	357	1,053	21.97	—	$7,843
Oct 1996	595	870	23.31	—	$13,869
Sep 1996	0	811	22.22	—	$0
Aug 1996	378	981	20.26	—	$7,658
Jul 1996	307	1,519	19.55	—	$6,002
Jun 1996	342	1,501	18.73	—	$6,406
May 1996	184	1,585	19.43	—	$3,575
Apr 1996	193	1,430	21.51	—	$4,151
Mar 1996	537	232	19.38	—	$10,407
Feb 1996	0	153	16.98	—	$0
Jan 1996	387	113	17.07	—	$6,606
Dec 1995	195	279	17.19	—	$3,352
Nov 1995	329	194	16.00	—	$5,264
Oct 1995	320	381	15.43	—	$4,938
Sep 1995	360	535	16.18	—	$5,825
Aug 1995	189	161	15.92	—	$3,009
Jul 1995	333	986	15.24	—	$5,075
Jun 1995	193	370	16.41	—	$3,167
May 1995	300	1,078	17.56	—	$5,268
Apr 1995	381	1,358	17.73	—	$6,755
Mar 1995	191	704	16.44	—	$3,140
Feb 1995	503	1,272	16.58	—	$8,340
Jan 1995	387	889	15.92	—	$6,161
Dec 1994	388	1,247	15.03	—	$5,832
Nov 1994	194	1,700	15.90	—	$3,085
Oct 1994	453	1,530	15.58	—	$7,058
Sep 1994	195	1,570	15.29	—	$2,982
Aug 1994	347	1,565	16.13	—	$5,597
Jul 1994	550	1,209	17.56	—	$9,658
Jun 1994	541	1,612	17.09	—	$9,246
May 1994	387	1,521	15.88	—	$6,146
Apr 1994	186	1,213	14.14	—	$2,630
Mar 1994	366	1,513	12.46	—	$4,560
Feb 1994	564	1,543	12.50	—	$7,050
Jan 1994	367	1,681	12.66	—	$4,646
Dec 1993	497	1,576	12.33	—	$6,128
Nov 1993	342	1,452	14.49	—	$4,956
Oct 1993	365	1,568	15.85	—	$5,785
Sep 1993	505	1,693	15.03	—	$7,590
Aug 1993	374	1,243	15.66	—	$5,857
Jul 1993	358	1,315	15.46	—	$5,535
Jun 1993	562	1,348	16.79	—	$9,436
May 1993	367	1,487	17.68	—	$6,489
Apr 1993	368	1,281	18.05	—	$6,642
Mar 1993	530	1,461	18.14	—	$9,614
Feb 1993	381	1,137	17.90	—	$6,820
Jan 1993	378	1,393	16.93	—	$6,400

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 2012 — as filed, then multipliedworked

Oil                  247 bbl  × $101.10 =    $24,972
Casinghead gas         0 Mcf  × $  2.57 =         $0

────────────────────────────────────────────────────
Month total                                  $24,972

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/2631 is the state's own key, not one this site invented.