CONVERSE "A"

Operated by PLAINS EXPLORATION & PROD. CO. (P-5 667862) 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 4895District 10Field 42597332NGPA filingOilCasinghead gasSaveExport
Value, all time
$553 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 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

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
OilDisposition10,643 bbl$263,466
Casinghead gasProduction101,769 Mcf$289,328
Total$552,794

34,253 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 (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, -101.0756. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.11478, -101.07557 · 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%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
6,600 ft
1 wells filed one
Completion to plug
5 months
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
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 6,600 ft.

Completions filed
Jun 2009
1 of 1 wells
Plug dates filed
Nov 2009
1 of 1 wells

Last completion to plug: a median of 5 months across the 1 well that filed both dates, with the middle half between 5 months and 5 months. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3573117816,600 ftJun 2009Nov 2009Yes

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 201038081.694.12$3,104
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 2008193055.496.86$10,710
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 2006015756.707.08$1,112
Feb 2006014057.597.75$1,085
Jan 2006040060.598.93$3,573
Dec 200519536654.9413.42$15,623
Nov 2005048354.6910.59$5,114
Oct 2005047958.3413.80$6,608
Sep 200519843761.4512.08$17,446
Aug 2005048061.519.80$4,702
Jul 200519852055.697.84$15,105
Jun 2005055052.337.38$4,060
May 2005055745.226.65$3,705
Apr 200517341749.207.36$11,581
Mar 2005057350.377.15$4,100
Feb 2005051045.226.31$3,219
Jan 200515649643.166.32$9,869
Dec 2004038239.866.75$2,579
Nov 200419240645.286.33$11,264
Oct 2004043549.706.52$2,834
Sep 2004045443.245.28$2,399
Aug 2004046442.375.55$2,576
Jul 200418447538.286.08$9,934
Jun 2004045236.106.43$2,908
May 2004062237.486.49$4,040
Apr 2004082034.475.86$4,804
Mar 200418182534.365.53$10,782
Feb 2004063232.455.51$3,482
Jan 2004057632.036.30$3,629
Dec 200318871330.266.30$10,182
Nov 2003063928.804.60$2,936
Oct 200318569228.174.76$8,505
Sep 2003052226.314.75$2,479
Aug 2003084829.765.13$4,350
Jul 200318486529.415.17$9,884
Jun 2003070428.565.98$4,212
May 2003066226.595.97$3,954
Apr 200322966026.675.41$9,676
Mar 2003066831.146.10$4,072
Feb 20030033.487.93$0
Jan 2003200030.315.58$6,062
Dec 2002074526.914.85$3,616
Nov 2002055324.664.14$2,288
Oct 200220284926.464.23$8,935
Sep 20020027.443.64$0
Aug 2002051425.963.16$1,626
Jul 200219161224.583.06$6,569
Jun 2002060823.733.34$2,030
May 2002060524.663.58$2,168
Apr 200218564523.653.51$6,641
Mar 2002074422.003.10$2,308
Feb 2002066318.222.38$1,575
Jan 2002074817.172.38$1,777
Dec 200119770816.932.36$5,009
Nov 2001054818.072.41$1,318
Oct 2001064619.782.53$1,634
Sep 2001030324.262.25$682
Aug 200120374424.873.05$7,320
Jul 2001073923.933.20$2,363
Jun 2001073724.563.82$2,818
May 200119067325.524.31$7,748
Apr 2001079724.685.34$4,252
Mar 2001083624.545.38$4,495
Feb 200125155127.755.77$10,143
Jan 2001079527.478.40$6,677
Dec 2000081326.889.12$7,417
Nov 2000081032.215.66$4,583
Oct 200019772031.235.15$9,857
Sep 2000071131.875.19$3,688
Aug 2000067129.644.54$3,047
Jul 200019470228.534.09$8,406
Jun 2000064829.304.40$2,849
May 2000080927.263.68$2,977
Apr 200019073424.513.12$6,944
Mar 2000078228.422.86$2,236
Feb 2000071427.622.73$1,947
Jan 200019078025.272.48$6,736
Dec 1999075324.282.42$1,825
Nov 1999084323.192.43$2,052
Oct 199919194020.982.80$6,643
Sep 1999076721.752.62$2,009
Aug 1999087919.262.88$2,528
Jul 199918897517.892.37$5,676
Jun 1999087715.942.36$2,072
May 199919051515.792.32$4,195
Apr 1999058515.102.21$1,292
Mar 199918771612.471.84$3,648
Feb 199902519.981.82$456
Jan 1999026210.381.90$498
Dec 19981924179.201.77$2,506
Nov 1998059610.892.19$1,303
Oct 199818851412.421.97$3,347
Sep 1998055112.592.08$1,148
Aug 1998055311.301.91$1,055
Jul 1998059411.742.24$1,329
Jun 199818564011.242.24$3,511
May 1998059412.622.21$1,311
Apr 199818876213.042.51$4,361
Mar 1998064012.802.31$1,478
Feb 199826275913.952.30$5,400
Jan 1998042914.702.15$924
Dec 1997078316.322.41$1,888
Nov 1997041218.193.09$1,272
Oct 1997088919.253.15$2,800
Sep 199718260417.742.95$5,013
Aug 1997072517.862.55$1,852
Jul 199726063017.582.25$5,986
Jun 1997037017.242.26$835
May 199719185218.972.31$5,590
Apr 1997064117.882.08$1,335
Mar 199719061918.951.94$4,801
Feb 1997057420.492.21$1,266
Jan 1997066723.483.54$2,361
Dec 1996060023.32$0
Nov 1996065121.97$0
Oct 199630967723.31$7,203
Sep 1996062322.22$0
Aug 1996079520.26$0
Jul 199618087319.55$3,519
Jun 1996073518.73$0
May 1996082119.43$0
Apr 1996088621.51$0
Mar 199634167419.38$6,609
Feb 1996085916.98$0
Jan 1996076717.07$0
Dec 1995064917.19$0
Nov 1995055416.00$0
Oct 1995089415.43$0
Sep 199529195116.18$4,708
Aug 1995073115.92$0
Jul 1995074015.24$0
Jun 1995078616.41$0
May 199528046217.56$4,917
Apr 19950017.73$0
Mar 199501116.44$0
Feb 199501,42616.58$0
Jan 199517097615.92$2,706
Dec 199401,12115.03$0
Nov 1994043415.90$0
Oct 199411949315.58$1,854
Sep 19941851,00215.29$2,829
Aug 1994077016.13$0
Jul 1994020017.56$0
Jun 199418735017.09$3,196
May 1994057015.88$0
Apr 1994045014.14$0
Mar 199418664912.46$2,318
Feb 1994055012.50$0
Jan 1994085012.66$0
Dec 199318857112.33$2,318
Nov 1993099014.49$0
Oct 1993056615.85$0
Sep 199317952915.03$2,690
Aug 1993094915.66$0
Jul 19931831,21815.46$2,829
Jun 1993086716.79$0
May 1993084817.68$0
Apr 199317879318.05$3,213
Mar 1993080018.14$0
Feb 199318949817.90$3,383
Jan 199301,04416.93$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.

Apr 2010 — as filed, then multipliedworked
Oil                   38 bbl  × $ 81.69 =     $3,104
Casinghead gas         0 Mcf  × $  4.12 =         $0

────────────────────────────────────────────────────
Month total                                   $3,104

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/4895 is the state's own key, not one this site invented.