JONES "EE"

Operated by PHILLIPS PETROLEUM COMPANY (P-5 663680) in the FELDMAN (TONKAWA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 5448District 10Field 30526750NGPA filingOilCasinghead gasSaveExport
Value, all time
$37 k
Jan 1993 – Jan 1998
Value, last 12 filed months
$1 k
at the published price for each month
Months reported
61
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 140 leases and 207 wells, and the rule below applies to all of them.

Discovered
1957-04-27
as the register files it
Field class
Oil and gas
the register's own label
Between wells
660 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 2009-09-29.

The Commission's schedule remark for this field reads: FELDMAN (TONKAWA) 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
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
OilDisposition2,164 bbl$36,292
Casinghead gasProduction32,739 Mcf$1,076
Total$37,368

32,435 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 (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 35.9894, -100.1370. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.98944, -100.13700 · 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
7,865 ft
1 wells filed one
Completion to plug
14.3 years
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 7,865 ft.

Completions filed
Jul 1983
1 of 1 wells
Plug dates filed
Nov 1997
1 of 1 wells

Last completion to plug: a median of 14.3 years across the 1 well that filed both dates, with the middle half between 14.3 years and 14.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2113159117,865 ftJul 1983Nov 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 (61)

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

61 months

Jan 19980014.702.15$0
Dec 19970016.322.41$0
Nov 19970018.193.09$0
Oct 19970019.253.15$0
Sep 19970017.742.95$0
Aug 19970017.862.55$0
Jul 19970017.582.25$0
Jun 19970017.242.26$0
May 199769018.972.31$1,309
Apr 19970017.882.08$0
Mar 19970018.951.94$0
Feb 19970020.492.21$0
Jan 1997030423.483.54$1,076
Dec 1996033223.32$0
Nov 1996136021.97$22
Oct 199614131123.31$3,287
Sep 1996150922.22$22
Aug 1996087120.26$0
Jul 19961891,05719.55$3,695
Jun 199601,40418.73$0
May 1996048719.43$0
Apr 1996120721.51$22
Mar 1996121519.38$19
Feb 1996120316.98$17
Jan 1996121417.07$17
Dec 1995129017.19$17
Nov 1995130116.00$16
Oct 1995146215.43$15
Sep 199518770916.18$3,026
Aug 1995056015.92$0
Jul 1995067515.24$0
Jun 199516678516.41$2,724
May 1995072917.56$0
Apr 1995078117.73$0
Mar 1995079816.44$0
Feb 199517168916.58$2,835
Jan 1995075215.92$0
Dec 1994077415.03$0
Nov 1994075715.90$0
Oct 199416979015.58$2,633
Sep 1994077915.29$0
Aug 1994080816.13$0
Jul 1994092017.56$0
Jun 199416580517.09$2,820
May 1994058515.88$0
Apr 1994066414.14$0
Mar 199417282212.46$2,143
Feb 1994071112.50$0
Jan 1994076812.66$0
Dec 199317379912.33$2,133
Nov 1993081114.49$0
Oct 1993078815.85$0
Sep 1993070215.03$0
Aug 199317084915.66$2,662
Jul 1993086415.46$0
Jun 1993082516.79$0
May 199319773817.68$3,483
Apr 1993081818.05$0
Mar 199318684018.14$3,374
Feb 1993067317.90$0
Jan 1993084416.93$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.

May 1997 — as filed, then multipliedworked
Oil                   69 bbl  × $ 18.97 =     $1,309
Casinghead gas         0 Mcf  × $  2.31 =         $0

────────────────────────────────────────────────────
Month total                                   $1,309

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/5448 is the state's own key, not one this site invented.