RICHARDSON, V. W., ETAL -B-

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

Oil lease lease 3459District 10Field 73336500Hydrogen sulphide fieldNGPA filingOilCasinghead gasSaveExport
Value, all time
$105 k
Jan 1993 – Nov 2011
Value, last 12 filed months
$4 k
at the published price for each month
Months reported
227
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 47 leases and 80 wells, and the rule below applies to all of them.

Discovered
1967-02-18
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 1998-03-01.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: ALLOCATION FORMULA EFFECTIVE 03/01/98.

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.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA1none

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.

StreamBasisVolumeValue
OilDisposition5,500 bbl$95,026
Casinghead gasProduction15,243 Mcf$10,035
Total$105,062

11,339 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 (2)

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 36.2680, -100.8411. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.8 miles.

36.26801, -100.84107 · 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%
2 of 2 wells
With a plug date
50.0%
1 of 2 wells
Median depth
7,288 ft
2 wells filed one
Completion to plug
10.0 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
150.0%
BothOn the schedule and plugged. Neither fact cancels the other.
150.0%
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

Between 7,075 and 7,500 ft, median 7,288 ft, over the 2 wells that filed a depth.

Completions filed
Jun 1987 – Nov 2000
2 of 2 wells
Plug dates filed
Jun 1997
1 of 2 wells; 1 filed none

Last completion to plug: a median of 10.0 years across the 1 well that filed both dates, with the middle half between 10.0 years and 10.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-3573153927,500 ftNov 2000Yes
42-3573006617,075 ftJun 1987Jun 1997Yes

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 (227)

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

227 months

Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 201149083.404.15$4,087
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 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
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 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
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 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 2000027731.235.15$1,425
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 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
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 199901149.981.82$207
Jan 19990010.381.90$0
Dec 199801219.201.77$215
Nov 1998011710.892.19$256
Oct 1998013312.421.97$262
Sep 19980212.592.08$4
Aug 19983361211.301.91$3,820
Jul 199801911.742.24$43
Jun 199803711.242.24$83
May 199804712.622.21$104
Apr 1998012313.042.51$308
Mar 199835013512.802.31$4,792
Feb 1998016313.952.30$375
Jan 199809314.702.15$200
Dec 1997020216.322.41$487
Nov 1997016418.193.09$506
Oct 1997012319.253.15$387
Sep 199734010817.742.95$6,351
Aug 1997023417.862.55$598
Jul 1997024017.582.25$539
Jun 1997024317.242.26$549
May 199726325618.972.31$5,580
Apr 1997024417.882.08$508
Mar 1997027118.951.94$526
Feb 199724822420.492.21$5,576
Jan 1997020223.483.54$715
Dec 1996022223.32$0
Nov 1996024121.97$0
Oct 199626827423.31$6,247
Sep 1996024022.22$0
Aug 199606520.26$0
Jul 199626725919.55$5,220
Jun 1996023118.73$0
May 1996026919.43$0
Apr 199627222321.51$5,851
Mar 1996021319.38$0
Feb 1996023416.98$0
Jan 199624529317.07$4,182
Dec 1995020117.19$0
Nov 1995022516.00$0
Oct 1995018515.43$0
Sep 199526117116.18$4,223
Aug 1995029915.92$0
Jul 1995015715.24$0
Jun 199526023816.41$4,267
May 1995024017.56$0
Apr 199501717.73$0
Mar 199524925116.44$4,094
Feb 1995032316.58$0
Jan 19950015.92$0
Dec 199404015.03$0
Nov 199427019315.90$4,293
Oct 1994024715.58$0
Sep 1994022415.29$0
Aug 199427122316.13$4,371
Jul 1994026717.56$0
Jun 199426732417.09$4,563
May 1994039015.88$0
Apr 199407714.14$0
Mar 199406512.46$0
Feb 199426523412.50$3,313
Jan 1994033812.66$0
Dec 199324834312.33$3,058
Nov 1993040614.49$0
Oct 1993032915.85$0
Sep 19932479715.03$3,712
Aug 1993027215.66$0
Jul 1993030215.46$0
Jun 199325028116.79$4,198
May 1993029917.68$0
Apr 1993026018.05$0
Mar 199327435218.14$4,970
Feb 1993035617.90$0
Jan 1993034916.93$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.

Aug 2011 — as filed, then multipliedworked
Oil                   49 bbl  × $ 83.40 =     $4,087
Casinghead gas         0 Mcf  × $  4.15 =         $0

────────────────────────────────────────────────────
Month total                                   $4,087

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/3459 is the state's own key, not one this site invented.