ISAACS

Operated by BLACKBEARD OPERATING, LLC (P-5 73056) in the CANADIAN, SE (DOUGLAS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 5799District 10Field 15217250NGPA filingOilCasinghead gasSaveExport
Value, all time
$689 k
Jan 1993 – Mar 2020
Value, last 12 filed months
$0
at the published price for each month
Months reported
327
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 419 leases and 430 wells, and the rule below applies to all of them.

Discovered
1972-08-01
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 160 acres.

The Commission's schedule remark for this field reads: COMBINED W/HUMPHREYS (DOUGLAS) 9/81 CARRIED AS CANADIAN,SE (DOUGLA

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
OilDisposition8,501 bbl$490,251
Casinghead gasProduction65,320 Mcf$198,777
Total$689,029

36,423 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 (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 35.8705, -100.2149. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

35.87050, -100.21487 · 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
7,460 ft
2 wells filed one
Completion to plug
14.0 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 7,420 and 7,500 ft, median 7,460 ft, over the 2 wells that filed a depth.

Completions filed
Jun 1984 – Jun 2004
2 of 2 wells
Plug dates filed
Jun 1997 – Jun 2019
2 of 2 wells

Last completion to plug: a median of 14.0 years across the 2 wells that filed both dates, with the middle half between 13.5 years and 14.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-2113171037,500 ftJun 2004Jun 2019Yes
42-2113167827,420 ftJun 1984Jun 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 (327)

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

327 months

Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 20131540102.523.72$15,788
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
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 2011191096.873.24$18,502
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 2011175083.404.15$14,595
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 20111830105.964.33$19,391
Mar 20110096.364.06$0
Feb 2011192085.644.18$16,443
Jan 2011192086.504.59$16,608
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 2010188078.103.51$14,683
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 2010191072.554.74$13,857
Jun 2010191070.364.91$13,439
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 2009140074.593.75$10,443
Oct 20090072.544.11$0
Sep 2009190065.543.06$12,453
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 2009193046.773.59$9,027
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 2008182037.105.98$6,752
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 20081910131.3313.03$25,084
May 2008026123.1711.57$301
Apr 2008189470110.3110.45$25,762
Mar 20080532101.909.66$5,141
Feb 2008035392.538.77$3,096
Jan 200818750990.388.21$21,078
Dec 2007046088.337.30$3,359
Nov 200719642191.677.29$21,037
Oct 2007041082.856.92$2,838
Sep 200718651975.846.24$17,347
Aug 2007041569.066.39$2,651
Jul 2007046670.906.39$2,977
Jun 200718540662.007.55$14,535
May 2007046358.747.85$3,633
Apr 2007042259.617.81$3,294
Mar 200716940256.927.30$12,555
Feb 2007036455.108.22$2,991
Jan 2007043050.306.73$2,893
Dec 200619645556.656.92$14,251
Nov 2006047454.207.62$3,611
Oct 2006050954.906.01$3,061
Sep 200619450460.085.04$14,194
Aug 2006053768.717.34$3,942
Jul 2006055669.376.34$3,527
Jun 200619357766.286.38$16,476
May 2006051866.016.42$3,328
Apr 200619254064.397.36$16,338
Mar 200619253856.707.08$14,697
Feb 2006043857.597.75$3,395
Jan 200618656260.598.93$16,290
Dec 2005053954.9413.42$7,231
Nov 2005054654.6910.59$5,781
Oct 200518359758.3413.80$18,912
Sep 2005017961.4512.08$2,162
Aug 200518758961.519.80$17,273
Jul 2005068955.697.84$5,404
Jun 200518450152.337.38$13,327
May 2005092045.226.65$6,119
Apr 200518755349.207.36$13,271
Mar 200519674350.377.15$15,189
Feb 2005087945.226.31$5,548
Jan 2005075243.166.32$4,754
Dec 200419977039.866.75$13,130
Nov 200420278345.286.33$14,103
Oct 2004094149.706.52$6,131
Sep 200420023543.245.28$9,890
Aug 20041801,32642.375.55$14,987
Jul 200420365238.286.08$11,738
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 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 19980013.042.51$0
Mar 19980012.802.31$0
Feb 19980013.952.30$0
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 199779017.582.25$1,389
Jun 1997177017.242.26$3,051
May 1997044218.972.31$1,020
Apr 1997087017.882.08$1,812
Mar 1997072618.951.94$1,408
Feb 1997070320.492.21$1,551
Jan 1997068623.483.54$2,428
Dec 1996065223.32$0
Nov 1996066421.97$0
Oct 1996088423.31$0
Sep 1996073822.22$0
Aug 1996063420.26$0
Jul 1996065319.55$0
Jun 1996182018.73$3,409
May 19960019.43$0
Apr 1996046721.51$0
Mar 1996057019.38$0
Feb 1996047216.98$0
Jan 1996049917.07$0
Dec 1995051917.19$0
Nov 1995051516.00$0
Oct 1995054415.43$0
Sep 1995074916.18$0
Aug 199518388615.92$2,913
Jul 1995085815.24$0
Jun 1995079316.41$0
May 1995068717.56$0
Apr 1995092317.73$0
Mar 19952481116.44$395
Feb 199518589916.58$3,067
Jan 1995062715.92$0
Dec 1994088915.03$0
Nov 1994089215.90$0
Oct 1994080815.58$0
Sep 199401,02315.29$0
Aug 1994069016.13$0
Jul 1994073017.56$0
Jun 199418167017.09$3,093
May 1994067215.88$0
Apr 1994064114.14$0
Mar 1994053212.46$0
Feb 1994062012.50$0
Jan 1994077412.66$0
Dec 1993056512.33$0
Nov 1993078314.49$0
Oct 199318584415.85$2,932
Sep 1993070315.03$0
Aug 1993071515.66$0
Jul 1993051315.46$0
Jun 1993082816.79$0
May 199318594317.68$3,271
Apr 199301,63618.05$0
Mar 19931901,72418.14$3,447
Feb 199301,78517.90$0
Jan 19931911,39916.93$3,234

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 2013 — as filed, then multipliedworked
Oil                  154 bbl  × $102.52 =    $15,788
Casinghead gas         0 Mcf  × $  3.72 =         $0

────────────────────────────────────────────────────
Month total                                  $15,788

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/5799 is the state's own key, not one this site invented.