ISAACS, JOHN C. JR, ETAL -J-

Name: ISAACS, JOHN C. JR, ETAL -J- lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

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

Oil lease lease 4148District 10Field 75200100NGPA filingOilCasinghead gasSave Export

Value, all time

$312 k

Jan 1993 – Sep 2002

Value, last 12 filed months

$7 k

at the published price for each month

Months reported

117

no gaps in the span

Streams

oil, casinghead gas

The RED DEER CREEK (CHEROKEE) 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 4 leases and 5 wells, and the rule below applies to all of them.

Discovered

1976-10-12

as the register files it

Field class

Oil and gas

the register's own label

Between wells

—

no field rule filed

From a lease line

—

no field rule filed

The Commission's schedule remark for this field reads: “AOF-1 AND AOF-2 EFFECTIVE 07/01/2002.”

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.

Programme	Filings	With an approval date	Dated	Docket
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Oil	Disposition	4,859 bbl	$84,405
Casinghead gas	Production	152,203 Mcf	$227,516
Total			$311,921

82,991 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 (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 35.8560, -100.4926. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

35.85602, -100.49263 · 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%

2 of 2 wells

With a plug date

100.0%

2 of 2 wells

Median depth

11,340 ft

2 wells filed one

Completion to plug

5.3 years

median over 2 wells

What the state filed about each well

On the RRC proration schedule

2100.0%

A plug date is filed

2100.0%

BothOn the schedule and plugged. Neither fact cancels the other.

2100.0%

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 11,300 and 11,380 ft, median 11,340 ft, over the 2 wells that filed a depth.

Completions filed

Mar 1993 – Feb 2002

2 of 2 wells

Plug dates filed

Nov 2002

2 of 2 wells

Last completion to plug: a median of 5.3 years across the 2 wells that filed both dates, with the middle half between 3.0 years and 7.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells


42-21130623	6	11,380 ft	Feb 2002	Nov 2002	Yes
42-21130608	5	11,300 ft	Mar 1993	Nov 2002	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 (117)

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

117 months


Sep 2002	0	0	27.44	3.64	$0
Aug 2002	0	0	25.96	3.16	$0
Jul 2002	108	0	24.58	3.06	$2,655
Jun 2002	0	0	23.73	3.34	$0
May 2002	0	0	24.66	3.58	$0
Apr 2002	0	0	23.65	3.51	$0
Mar 2002	0	0	22.00	3.10	$0
Feb 2002	0	0	18.22	2.38	$0
Jan 2002	0	459	17.17	2.38	$1,090
Dec 2001	0	461	16.93	2.36	$1,090
Nov 2001	0	413	18.07	2.41	$993
Oct 2001	0	376	19.78	2.53	$951
Sep 2001	0	356	24.26	2.25	$801
Aug 2001	0	914	24.87	3.05	$2,791
Jul 2001	0	911	23.93	3.20	$2,913
Jun 2001	0	943	24.56	3.82	$3,606
May 2001	0	1,003	25.52	4.31	$4,320
Apr 2001	0	966	24.68	5.34	$5,154
Mar 2001	410	1,164	24.54	5.38	$16,320
Feb 2001	0	1,065	27.75	5.77	$6,142
Jan 2001	0	1,982	27.47	8.40	$16,646
Dec 2000	0	1,214	26.88	9.12	$11,075
Nov 2000	0	1,149	32.21	5.66	$6,501
Oct 2000	0	1,882	31.23	5.15	$9,684
Sep 2000	0	1,633	31.87	5.19	$8,470
Aug 2000	0	1,860	29.64	4.54	$8,446
Jul 2000	0	2,022	28.53	4.09	$8,269
Jun 2000	0	1,825	29.30	4.40	$8,025
May 2000	0	1,777	27.26	3.68	$6,539
Apr 2000	0	1,314	24.51	3.12	$4,094
Mar 2000	0	1,085	28.42	2.86	$3,103
Feb 2000	195	1,711	27.62	2.73	$10,051
Jan 2000	0	2,245	25.27	2.48	$5,569
Dec 1999	0	1,995	24.28	2.42	$4,835
Nov 1999	185	1,152	23.19	2.43	$7,094
Oct 1999	0	1,913	20.98	2.80	$5,364
Sep 1999	0	1,284	21.75	2.62	$3,363
Aug 1999	0	540	19.26	2.88	$1,553
Jul 1999	0	826	17.89	2.37	$1,960
Jun 1999	0	374	15.94	2.36	$883
May 1999	226	326	15.79	2.32	$4,325
Apr 1999	0	647	15.10	2.21	$1,429
Mar 1999	0	1,159	12.47	1.84	$2,131
Feb 1999	213	1,016	9.98	1.82	$3,973
Jan 1999	0	1,194	10.38	1.90	$2,269
Dec 1998	22	978	9.20	1.77	$1,937
Nov 1998	0	984	10.89	2.19	$2,151
Oct 1998	0	1,441	12.42	1.97	$2,838
Sep 1998	207	809	12.59	2.08	$4,291
Aug 1998	0	766	11.30	1.91	$1,461
Jul 1998	0	902	11.74	2.24	$2,018
Jun 1998	206	1,338	11.24	2.24	$5,309
May 1998	0	1,601	12.62	2.21	$3,532
Apr 1998	190	1,302	13.04	2.51	$5,740
Mar 1998	0	1,397	12.80	2.31	$3,226
Feb 1998	0	0	13.95	2.30	$0
Jan 1998	0	1,314	14.70	2.15	$2,831
Dec 1997	0	789	16.32	2.41	$1,902
Nov 1997	0	892	18.19	3.09	$2,755
Oct 1997	205	898	19.25	3.15	$6,775
Sep 1997	0	918	17.74	2.95	$2,713
Aug 1997	0	1,135	17.86	2.55	$2,900
Jul 1997	0	1,094	17.58	2.25	$2,458
Jun 1997	0	1,295	17.24	2.26	$2,923
May 1997	192	1,296	18.97	2.31	$6,634
Apr 1997	0	1,287	17.88	2.08	$2,681
Mar 1997	0	1,316	18.95	1.94	$2,552
Feb 1997	0	1,097	20.49	2.21	$2,420
Jan 1997	0	1,207	23.48	3.54	$4,272
Dec 1996	0	1,177	23.32	—	$0
Nov 1996	0	1,138	21.97	—	$0
Oct 1996	182	1,262	23.31	—	$4,242
Sep 1996	0	1,160	22.22	—	$0
Aug 1996	0	1,161	20.26	—	$0
Jul 1996	0	1,258	19.55	—	$0
Jun 1996	0	1,496	18.73	—	$0
May 1996	0	1,477	19.43	—	$0
Apr 1996	0	1,661	21.51	—	$0
Mar 1996	0	1,672	19.38	—	$0
Feb 1996	0	1,139	16.98	—	$0
Jan 1996	0	1,242	17.07	—	$0
Dec 1995	356	1,309	17.19	—	$6,120
Nov 1995	0	1,121	16.00	—	$0
Oct 1995	0	1,399	15.43	—	$0
Sep 1995	0	1,413	16.18	—	$0
Aug 1995	0	1,341	15.92	—	$0
Jul 1995	199	1,430	15.24	—	$3,033
Jun 1995	0	1,352	16.41	—	$0
May 1995	0	1,243	17.56	—	$0
Apr 1995	0	1,249	17.73	—	$0
Mar 1995	0	1,260	16.44	—	$0
Feb 1995	400	1,142	16.58	—	$6,632
Jan 1995	0	1,391	15.92	—	$0
Dec 1994	0	1,310	15.03	—	$0
Nov 1994	0	1,488	15.90	—	$0
Oct 1994	0	1,433	15.58	—	$0
Sep 1994	188	1,379	15.29	—	$2,875
Aug 1994	0	1,586	16.13	—	$0
Jul 1994	0	1,523	17.56	—	$0
Jun 1994	0	1,680	17.09	—	$0
May 1994	396	1,999	15.88	—	$6,288
Apr 1994	0	2,297	14.14	—	$0
Mar 1994	0	2,344	12.46	—	$0
Feb 1994	0	2,114	12.50	—	$0
Jan 1994	192	2,132	12.66	—	$2,431
Dec 1993	0	2,200	12.33	—	$0
Nov 1993	0	2,255	14.49	—	$0
Oct 1993	0	2,099	15.85	—	$0
Sep 1993	197	2,855	15.03	—	$2,961
Aug 1993	4	2,512	15.66	—	$63
Jul 1993	0	2,653	15.46	—	$0
Jun 1993	382	2,902	16.79	—	$6,414
May 1993	4	2,968	17.68	—	$71
Apr 1993	0	5,283	18.05	—	$0
Mar 1993	0	2,786	18.14	—	$0
Feb 1993	0	1,028	17.90	—	$0
Jan 1993	0	672	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.

Jul 2002 — as filed, then multipliedworked

Oil                  108 bbl  × $ 24.58 =     $2,655
Casinghead gas         0 Mcf  × $  3.06 =         $0

────────────────────────────────────────────────────
Month total                                   $2,655

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/4148 is the state's own key, not one this site invented.