YOUNG, J. W.

Operated by CHEVRON U. S. A. INC. (P-5 148113) in the MILLS RANCH (GRANITE WASH) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 4312District 10Field 61691230NGPA filingOilCasinghead gasSaveExport
Value, all time
$159 k
Jan 1993 – Jun 2012
Value, last 12 filed months
$0
at the published price for each month
Months reported
234
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 34 leases and 42 wells, and the rule below applies to all of them.

Discovered
1977-05-02
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,867 ft
minimum
From a lease line
933 ft
minimum

A drilling unit in this field needs at least 160 acres.

The Commission's schedule remark for this field reads: MILLS RANCH (GRANITE WASH CONS.) FIELD

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
NGPA2none

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
OilDisposition8,026 bbl$133,695
Casinghead gasProduction24,569 Mcf$25,460
Total$159,155

13,829 Mcf of this lease's gas, across 39 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 35.3977, -100.1041. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.5 miles.

35.39773, -100.10414 · 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
100.0%
2 of 2 wells
Median depth
10,969 ft
2 wells filed one
Completion to plug
23.4 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 10,880 and 11,058 ft, median 10,969 ft, over the 2 wells that filed a depth.

Completions filed
Jun 1978 – Jan 2000
2 of 2 wells
Plug dates filed
Aug 2012 – Sep 2012
2 of 2 wells

Last completion to plug: a median of 23.4 years across the 2 wells that filed both dates, with the middle half between 18.1 years and 28.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-48330560311,058 ftJan 2000Sep 2012Yes
42-48330502210,880 ftJun 1978Aug 2012Yes

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 (234)

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

234 months

Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
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 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 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 20006027.622.73$166
Jan 2000796925.272.48$2,167
Dec 19998525024.282.42$2,670
Nov 19998623723.192.43$2,571
Oct 199910827420.982.80$3,034
Sep 199923427721.752.62$5,815
Aug 19998018919.262.88$2,084
Jul 19993918617.892.37$1,139
Jun 19998219515.942.36$1,768
May 19997820315.792.32$1,703
Apr 19998018715.102.21$1,621
Mar 199910420012.471.84$1,665
Feb 1999702049.981.82$1,069
Jan 199911026210.381.90$1,640
Dec 1998761829.201.77$1,022
Nov 19987122310.892.19$1,261
Oct 19986833612.421.97$1,506
Sep 199811234912.592.08$2,137
Aug 19988031611.301.91$1,507
Jul 19986530011.742.24$1,434
Jun 19988832011.242.24$1,705
May 19988029112.622.21$1,652
Apr 19986327413.042.51$1,508
Mar 19989529512.802.31$1,897
Feb 199814629113.952.30$2,706
Jan 199817330914.702.15$3,209
Dec 19973443716.322.41$1,609
Nov 199711031818.193.09$2,983
Oct 19975637119.253.15$2,247
Sep 199712344517.742.95$3,497
Aug 19978742317.862.55$2,634
Jul 19979739217.582.25$2,586
Jun 199710146817.242.26$2,798
May 199712938118.972.31$3,327
Apr 19977634917.882.08$2,086
Mar 199714837018.951.94$3,522
Feb 19978226620.492.21$2,267
Jan 199710330123.483.54$3,484
Dec 19968627923.32$2,006
Nov 19969227721.97$2,021
Oct 19966829523.31$1,585
Sep 199613450222.22$2,977
Aug 199633351820.26$6,747
Jul 1996481,20319.55$938
Jun 199610824018.73$2,023
May 19962215719.43$427
Apr 199610020721.51$2,151
Mar 199613821419.38$2,674
Feb 199622720116.98$3,854
Jan 19962422517.07$410
Dec 19958028317.19$1,375
Nov 199513120616.00$2,096
Oct 19957249915.43$1,111
Sep 19957822516.18$1,262
Aug 19957721215.92$1,226
Jul 19959721915.24$1,478
Jun 19958723516.41$1,428
May 19956230117.56$1,089
Apr 199511430717.73$2,021
Mar 199517653816.44$2,893
Feb 19955341416.58$879
Jan 199516145515.92$2,563
Dec 199410624115.03$1,593
Nov 199410016815.90$1,590
Oct 199410030415.58$1,558
Sep 199412551815.29$1,911
Aug 19948146816.13$1,307
Jul 199416365517.56$2,862
Jun 19948742017.09$1,487
May 199411137815.88$1,763
Apr 19948545414.14$1,202
Mar 199417627612.46$2,193
Feb 199416136412.50$2,013
Jan 199419664112.66$2,481
Dec 199323559012.33$2,898
Nov 19931805714.49$2,608
Oct 1993488315.85$761
Sep 19930015.03$0
Aug 19930015.66$0
Jul 19930015.46$0
Jun 19930016.79$0
May 19930017.68$0
Apr 19930018.05$0
Mar 19930018.14$0
Feb 19930017.90$0
Jan 19930016.93$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 2000 — as filed, then multipliedworked
Oil                    6 bbl  × $ 27.62 =       $166
Casinghead gas         0 Mcf  × $  2.73 =         $0

────────────────────────────────────────────────────
Month total                                     $166

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/4312 is the state's own key, not one this site invented.