MASTERSON "A"

Operated by SUTTON, JOHN E. (P-5 831325) in the PANHANDLE (RED CAVE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 6452District 10Field 68825800OilCasinghead gasSaveExport
Value, all time
$87 k
Jan 1993 – Mar 2008
Value, last 12 filed months
$0
at the published price for each month
Months reported
183
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 114 leases and 1,481 wells, and the rule below applies to all of them.

Discovered
1960-10-11
as the register files it
Field class
Oil
the register's own label
Between wells
330 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 10 acres. The field rule took effect on 1985-04-15.

The Commission's schedule remark for this field reads: 10 ACRES UNITS W/DIAG OF 1100 AND ALLOW OF 53

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
OilDisposition4,650 bbl$86,739
Casinghead gasProduction128 Mcf$285
Total$87,024

46 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 (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 35.5280, -101.9188. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.52802, -101.91882 · 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
2,320 ft
1 wells filed one
Completion to plug
16.5 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 2,320 ft.

Completions filed
May 1987
1 of 1 wells
Plug dates filed
Nov 2003
1 of 1 wells

Last completion to plug: a median of 16.5 years across the 1 well that filed both dates, with the middle half between 16.5 years and 16.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-375313469022,320 ftMay 1987Nov 2003Yes

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 (183)

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

183 months

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 200319028.804.60$547
Oct 20030128.174.76$5
Sep 2003177126.314.75$4,662
Aug 20030129.765.13$5
Jul 20030129.415.17$5
Jun 20030128.565.98$6
May 20030126.595.97$6
Apr 20030126.675.41$5
Mar 2003164131.146.10$5,113
Feb 20030133.487.93$8
Jan 20030130.315.58$6
Dec 20020126.914.85$5
Nov 20020124.664.14$4
Oct 20020126.464.23$4
Sep 20020127.443.64$4
Aug 20020125.963.16$3
Jul 2002163124.583.06$4,010
Jun 20020123.733.34$3
May 20020124.663.58$4
Apr 20020123.653.51$4
Mar 20020122.003.10$3
Feb 20020118.222.38$2
Jan 20020117.172.38$2
Dec 20010116.932.36$2
Nov 2001154118.072.41$2,785
Oct 20010119.782.53$3
Sep 20010124.262.25$2
Aug 20010124.873.05$3
Jul 20010123.933.20$3
Jun 20010124.563.82$4
May 20010125.524.31$4
Apr 2001102124.685.34$2,523
Mar 20010124.545.38$5
Feb 20010127.755.77$6
Jan 20010127.478.40$8
Dec 2000161126.889.12$4,337
Nov 20000132.215.66$6
Oct 20000131.235.15$5
Sep 20000131.875.19$5
Aug 20000129.644.54$5
Jul 20000128.534.09$4
Jun 2000172129.304.40$5,044
May 20000127.263.68$4
Apr 20000124.513.12$3
Mar 20000128.422.86$3
Feb 2000159127.622.73$4,394
Jan 20000125.272.48$2
Dec 19990124.282.42$2
Nov 19990123.192.43$2
Oct 1999146120.982.80$3,066
Sep 19990121.752.62$3
Aug 19990119.262.88$3
Jul 1999155117.892.37$2,775
Jun 19990115.942.36$2
May 1999159115.792.32$2,513
Apr 19990115.102.21$2
Mar 19990112.471.84$2
Feb 1999019.981.82$2
Jan 19990110.381.90$2
Dec 199817419.201.77$1,603
Nov 19980110.892.19$2
Oct 19980112.421.97$2
Sep 1998161112.592.08$2,029
Aug 19980111.301.91$2
Jul 19980111.742.24$2
Jun 19980111.242.24$2
May 19980112.622.21$2
Apr 1998183113.042.51$2,389
Mar 19980112.802.31$2
Feb 19980113.952.30$2
Jan 1998158114.702.15$2,325
Dec 19970116.322.41$2
Nov 19970118.193.09$3
Oct 1997140119.253.15$2,698
Sep 19970117.742.95$3
Aug 19970117.862.55$3
Jul 19970117.582.25$2
Jun 1997166117.242.26$2,864
May 19970118.972.31$2
Apr 19970117.882.08$2
Mar 1997180118.951.94$3,413
Feb 19970120.492.21$2
Jan 19970123.483.54$4
Dec 19960123.32$0
Nov 19960121.97$0
Oct 19960123.31$0
Sep 19960122.22$0
Aug 19960120.26$0
Jul 19960119.55$0
Jun 19960118.73$0
May 19960119.43$0
Apr 19960121.51$0
Mar 19960119.38$0
Feb 19960116.98$0
Jan 19960117.07$0
Dec 19950117.19$0
Nov 1995168116.00$2,688
Oct 19950115.43$0
Sep 19950116.18$0
Aug 19950115.92$0
Jul 1995165115.24$2,515
Jun 19950116.41$0
May 19950117.56$0
Apr 19950117.73$0
Mar 1995160116.44$2,630
Feb 19950116.58$0
Jan 19950115.92$0
Dec 19940115.03$0
Nov 1994123115.90$1,956
Oct 19940115.58$0
Sep 19940115.29$0
Aug 1994116116.13$1,871
Jul 19940117.56$0
Jun 19940117.09$0
May 1994158115.88$2,509
Apr 19940114.14$0
Mar 19940112.46$0
Feb 19940112.50$0
Jan 19940112.66$0
Dec 1993168112.33$2,071
Nov 19930114.49$0
Oct 19930115.85$0
Sep 1993173115.03$2,600
Aug 19930115.66$0
Jul 1993159115.46$2,458
Jun 1993181116.79$3,039
May 19930117.68$0
Apr 19930118.05$0
Mar 1993186118.14$3,374
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.

Nov 2003 — as filed, then multipliedworked
Oil                   19 bbl  × $ 28.80 =       $547
Casinghead gas         0 Mcf  × $  4.60 =         $0

────────────────────────────────────────────────────
Month total                                     $547

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/6452 is the state's own key, not one this site invented.