VOLMERT, NORTH

Operated by KISMET PROPERTIES, INC. (P-5 469866) in the PANHANDLE GRAY COUNTY FIELD field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 506District 10Field 68873001OilCasinghead gasSaveExport
Value, all time
$619 k
Jan 1993 – Feb 2009
Value, last 12 filed months
$0
at the published price for each month
Months reported
194
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 837 leases and 6,360 wells, and the rule below applies to all of them.

Discovered
1921-12-31
as the register files it
Field class
Oil
the register's own label
Between wells
467 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 1989-05-01.

The Commission's schedule remark for this field reads: UNTIL THE FLUID MIGRATION FROM SUCH STRATA IS ELIMINATED.

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
OilDisposition25,147 bbl$490,137
Casinghead gasProduction73,078 Mcf$129,340
Total$619,477

35,435 Mcf of this lease's gas, across 46 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 (16)

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 35.5583, -101.0209. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

35.55824, -101.02085 · 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%
16 of 16 wells
With a plug date
100.0%
16 of 16 wells
Median depth
3,283 ft
16 wells filed one
Completion to plug
23.3 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
16100.0%
A plug date is filed
16100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
16100.0%
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

Total depth in feet, 16 of 16 wells. Median 3,283 ft, with the middle half between 3,280 and 3,286 ft; the shallowest is 3,268 ft and the deepest 3,295 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

Last completion by decade, 1 of 16 wells, May 1991. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
May 1991
1 of 16 wells; 15 filed none
Plug dates filed
Apr 1987 – Sep 2014
16 of 16 wells

Last completion to plug: a median of 23.3 years across the 1 well that filed both dates, with the middle half between 23.3 years and 23.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

16 wells

42-179065934G3,290 ftApr 1987Yes
42-1790659453,283 ftJul 2008Yes
42-1790659563,275 ftJul 2008Yes
42-1790659783,285 ftAug 2008Yes
42-1790659893,285 ftJul 2005Yes
42-17906599103,290 ftJul 2008Yes
42-17906600113,280 ftJul 2008Yes
42-17906601123,268 ftJun 2008Yes
42-17906602133,285 ftJul 2008Yes
42-17906603143,280 ftAug 2008Yes
42-17906605163,275 ftAug 2008Yes
42-1790663523,283 ftJul 2008Yes
42-1790735333,290 ftJul 2008Yes
42-1790826713,295 ftAug 2008Yes
42-1798253973,282 ftJul 2005Yes
42-1790660415G3,281 ftMay 1991Sep 2014Yes

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 (194)

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

194 months

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 200763070.906.39$4,467
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 2005158045.226.65$7,145
Apr 20050149.207.36$7
Mar 200505150.377.15$365
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 200498039.866.75$3,906
Nov 2004029845.286.33$1,886
Oct 2004027449.706.52$1,785
Sep 200415926943.245.28$8,297
Aug 2004030642.375.55$1,699
Jul 200416325538.286.08$7,791
Jun 200417130736.106.43$8,148
May 2004036337.486.49$2,358
Apr 200416725634.475.86$7,256
Mar 2004022434.365.53$1,239
Feb 200416328732.455.51$6,871
Jan 2004026332.036.30$1,657
Dec 200316134930.266.30$7,071
Nov 2003027128.804.60$1,245
Oct 200315131628.174.76$5,758
Sep 200317033726.314.75$6,073
Aug 200317522429.765.13$6,357
Jul 200317024729.415.17$6,277
Jun 2003015028.565.98$897
May 200313414526.595.97$4,429
Apr 2003021626.675.41$1,168
Mar 200317531631.146.10$7,376
Feb 2003033833.487.93$2,679
Jan 20030130.315.58$6
Dec 20020026.914.85$0
Nov 200216519724.664.14$4,884
Oct 2002032526.464.23$1,374
Sep 200217325927.443.64$5,689
Aug 200217537125.963.16$5,717
Jul 2002025124.583.06$769
Jun 200214833023.733.34$4,614
May 200215927524.663.58$4,907
Apr 200216736023.653.51$5,214
Mar 200215734722.003.10$4,531
Feb 200216029718.222.38$3,621
Jan 200216034317.172.38$3,562
Dec 200115836616.932.36$3,540
Nov 200115627118.072.41$3,471
Oct 200117159519.782.53$4,887
Sep 200133548924.262.25$9,228
Aug 2001050024.873.05$1,527
Jul 200116458923.933.20$5,808
Jun 200116342024.563.82$5,609
May 200116444525.524.31$6,102
Apr 2001058424.685.34$3,116
Mar 200116615324.545.38$4,896
Feb 200101527.755.77$87
Jan 200116720227.478.40$6,284
Dec 2000019926.889.12$1,815
Nov 200034437532.215.66$13,202
Oct 2000041231.235.15$2,120
Sep 2000040131.875.19$2,080
Aug 200016730529.644.54$6,335
Jul 2000066628.534.09$2,724
Jun 200017358529.304.40$7,641
May 200017162327.263.68$6,954
Apr 200017337424.513.12$5,406
Mar 2000031628.422.86$904
Feb 200017036327.622.73$5,685
Jan 200017861825.272.48$6,031
Dec 1999072924.282.42$1,767
Nov 1999067323.192.43$1,638
Oct 199917059220.982.80$5,226
Sep 199917168121.752.62$5,503
Aug 199917150319.262.88$4,740
Jul 199916448817.892.37$4,092
Jun 199917054615.942.36$4,000
May 199934044515.792.32$6,401
Apr 1999035915.102.21$793
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 199917239110.381.90$2,528
Dec 19981614279.201.77$2,238
Nov 199816632110.892.19$2,509
Oct 199817454512.421.97$3,234
Sep 199817448812.592.08$3,207
Aug 199816746011.301.91$2,764
Jul 199818076511.742.24$3,825
Jun 199817660211.242.24$3,325
May 199817862612.622.21$3,628
Apr 199833255113.042.51$5,710
Mar 1998017612.802.31$406
Feb 199817526313.952.30$3,046
Jan 1998174414.702.15$2,566
Dec 1997065316.322.41$1,574
Nov 199715886718.193.09$5,552
Oct 199732669819.253.15$8,474
Sep 199717667617.742.95$5,120
Aug 199717474817.862.55$5,019
Jul 199717674117.582.25$4,759
Jun 199735278217.242.26$7,834
May 199734973918.972.31$8,327
Apr 1997077717.882.08$1,618
Mar 199717449818.951.94$4,263
Feb 1997021320.492.21$470
Jan 199717233123.483.54$5,210
Dec 1996032323.32$0
Nov 199617335021.97$3,801
Oct 199617672023.31$4,103
Sep 199617463522.22$3,866
Aug 199617964920.26$3,627
Jul 199618155919.55$3,539
Jun 199617863118.73$3,334
May 1996909319.43$1,749
Apr 1996351021.51$7,550
Mar 1996178019.38$3,450
Feb 199617517216.98$2,972
Jan 199617615617.07$3,004
Dec 199534876017.19$5,982
Nov 199517879216.00$2,848
Oct 199536081915.43$5,555
Sep 199517985916.18$2,896
Aug 199518088015.92$2,866
Jul 19951761,05715.24$2,682
Jun 19953451,11516.41$5,661
May 19951811,20017.56$3,178
Apr 19953551,10617.73$6,294
Mar 199517676116.44$2,893
Feb 199534762516.58$5,753
Jan 199535945615.92$5,715
Dec 19946953715.03$1,037
Nov 199436263515.90$5,756
Oct 199435876715.58$5,578
Sep 199418275515.29$2,783
Aug 199436771216.13$5,920
Jul 199418181217.56$3,178
Jun 199434687517.09$5,913
May 199422184215.88$3,509
Apr 199436574714.14$5,161
Mar 199437080512.46$4,610
Feb 19943821,00812.50$4,775
Jan 19941831,09012.66$2,317
Dec 19933961,10212.33$4,883
Nov 199336774714.49$5,318
Oct 199341693215.85$6,594
Sep 199337293315.03$5,591
Aug 19933571,02815.66$5,591
Jul 199322893215.46$3,525
Jun 199336975416.79$6,196
May 19935331,20017.68$9,423
Apr 199330997218.05$5,577
Mar 199338098018.14$6,893
Feb 199322668217.90$4,045
Jan 199335987016.93$6,078

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 2007 — as filed, then multipliedworked
Oil                   63 bbl  × $ 70.90 =     $4,467
Casinghead gas         0 Mcf  × $  6.39 =         $0

────────────────────────────────────────────────────
Month total                                   $4,467

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/506 is the state's own key, not one this site invented.