RICHARDSON, V. W. "B"

Operated by CRESCENDO RESOURCES, L.P. (P-5 189451) in the ELLIS RANCH (CLEVELAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 6462District 10Field 28506152OilCasinghead gasSaveExport
Value, all time
$22 k
Jan 1993 – Jun 1998
Value, last 12 filed months
$261
at the published price for each month
Months reported
66
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 149 wells, and the rule below applies to all of them.

Discovered
1958-04-23
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2005-07-01.

The Commission's schedule remark for this field reads: PETRO (CLEVELAND) FLD 68735120 EFC 5/1/11

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
OilDisposition1,196 bbl$20,566
Casinghead gasProduction4,419 Mcf$1,227
Total$21,792

3,914 Mcf of this lease's gas, across 44 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 36.2625, -100.8404. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.26249, -100.84042 · 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
7,075 ft
1 wells filed one
Completion to plug
10.0 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 7,075 ft.

Completions filed
Jun 1987
1 of 1 wells
Plug dates filed
Jun 1997
1 of 1 wells

Last completion to plug: a median of 10.0 years across the 1 well that filed both dates, with the middle half between 10.0 years and 10.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3573006617,075 ftJun 1987Jun 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 (66)

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

66 months

Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 19980013.042.51$0
Mar 19981012.802.31$13
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 199714017.742.95$248
Aug 19970017.862.55$0
Jul 19970017.582.25$0
Jun 19970017.242.26$0
May 1997628018.972.31$1,361
Apr 1997010617.882.08$221
Mar 1997011018.951.94$213
Feb 1997599920.492.21$1,427
Jan 1997011023.483.54$389
Dec 1996011023.32$0
Nov 1996010621.97$0
Oct 19966811023.31$1,585
Sep 1996010622.22$0
Aug 19960020.26$0
Jul 19966211019.55$1,212
Jun 1996010618.73$0
May 1996011019.43$0
Apr 19966610621.51$1,420
Mar 1996011019.38$0
Feb 1996010316.98$0
Jan 19967711017.07$1,314
Dec 1995011017.19$0
Nov 1995010616.00$0
Oct 1995011015.43$0
Sep 19957210616.18$1,165
Aug 19950015.92$0
Jul 19950015.24$0
Jun 19957810616.41$1,280
May 1995011017.56$0
Apr 19950017.73$0
Mar 19958111016.44$1,332
Feb 199509916.58$0
Jan 199503515.92$0
Dec 1994011015.03$0
Nov 19946410615.90$1,018
Oct 19940115.58$0
Sep 1994010615.29$0
Aug 19946511016.13$1,048
Jul 1994011017.56$0
Jun 19947510617.09$1,282
May 1994011015.88$0
Apr 1994010614.14$0
Mar 1994011012.46$0
Feb 1994669912.50$825
Jan 1994011012.66$0
Dec 19938011012.33$986
Nov 1993010614.49$0
Oct 19930115.85$0
Sep 199355115.03$827
Aug 19930115.66$0
Jul 19930115.46$0
Jun 199384116.79$1,410
May 1993011017.68$0
Apr 19930118.05$0
Mar 19936711018.14$1,215
Feb 199309917.90$0
Jan 1993011016.93$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.

Mar 1998 — as filed, then multipliedworked
Oil                    1 bbl  × $ 12.80 =        $13
Casinghead gas         0 Mcf  × $  2.31 =         $0

────────────────────────────────────────────────────
Month total                                      $13

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/6462 is the state's own key, not one this site invented.