PROCTOR #1-66

Operated by CORLENA OIL COMPANY (P-5 178450) in the PROCTOR RANCH (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 6748District 10Field 73256475OilCasinghead gasSave
Value, all time
$4.0 M
Jan 1993 – May 2012
Value, last 12 filed months
$0
at the published price for each month
Months reported
233
no gaps in the span
Streams
2
oil, casinghead gas

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
OilDisposition238,351 bbl$4,042,199
Casinghead gasProduction89 Mcf$99
Total$4,042,299

48 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 (7)

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 35.7106, -102.6539. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.1 miles.

35.71127, -102.65682 · 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%
7 of 7 wells
With a plug date
100.0%
7 of 7 wells
Median depth
4,225 ft
7 wells filed one
Completion to plug
9.6 years
median over 7 wells

What the state filed about each well

On the RRC proration schedule
7100.0%
A plug date is filed
7100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
7100.0%
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 4,138 and 5,250 ft, median 4,225 ft, over the 7 wells that filed a depth.

Completions filed
Dec 1989 – Mar 1995
7 of 7 wells
Plug dates filed
Feb 1998 – Jan 2012
7 of 7 wells

Last completion to plug: a median of 9.6 years across the 7 wells that filed both dates, with the middle half between 8.9 years and 10.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

7 wells

42-2053021514,456 ftMar 1995Jan 2012Yes
42-2053025040644,200 ftDec 1993Jun 2002Yes
42-2053024130644,150 ftMar 1993Jun 2002Yes
42-2053023620644,138 ftNov 1992Jun 2002Yes
42-2053023510644,225 ftJul 1992May 2002Yes
42-2053022410654,283 ftApr 1991Jun 2002Yes
42-2053020710665,250 ftDec 1989Feb 1998Yes

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 (233)

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

233 months

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 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
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 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
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 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 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 2001134024.563.82$3,291
May 20010025.524.31$0
Apr 2001181024.685.34$4,467
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 2000165032.215.66$5,315
Oct 2000191031.235.15$5,965
Sep 2000332031.875.19$10,581
Aug 2000384029.644.54$11,382
Jul 2000384028.534.09$10,956
Jun 2000498029.304.40$14,591
May 2000383127.263.68$10,444
Apr 2000542124.513.12$13,288
Mar 2000567128.422.86$16,117
Feb 2000590127.622.73$16,299
Jan 2000577125.272.48$14,583
Dec 1999577124.282.42$14,012
Nov 1999671123.192.43$15,563
Oct 1999652120.982.80$13,682
Sep 1999575121.752.62$12,509
Aug 1999952119.262.88$18,338
Jul 1999766117.892.37$13,706
Jun 1999755115.942.36$12,037
May 1999764115.792.32$12,066
Apr 1999947115.102.21$14,302
Mar 1999950112.471.84$11,848
Feb 199989519.981.82$8,934
Jan 1999924110.381.90$9,593
Dec 19981,16019.201.77$10,674
Nov 1998765110.892.19$8,333
Oct 1998956112.421.97$11,875
Sep 1998766112.592.08$9,646
Aug 1998895111.301.91$10,115
Jul 19981,532111.742.24$17,988
Jun 19981,330111.242.24$14,951
May 19981,324112.622.21$16,711
Apr 19981,347113.042.51$17,567
Mar 19981,515112.802.31$19,394
Feb 19981,657113.952.30$23,117
Jan 19981,957114.702.15$28,770
Dec 19971,325116.322.41$21,626
Nov 19972,087118.193.09$37,966
Oct 19972,104119.253.15$40,505
Sep 19972,281117.742.95$40,468
Aug 19972,670117.862.55$47,689
Jul 19972,485117.582.25$43,689
Jun 19972,865117.242.26$49,395
May 19973,260118.972.31$61,845
Apr 19973,415117.882.08$61,062
Mar 19972,830118.951.94$53,630
Feb 19972,666120.492.21$54,629
Jan 19973,054123.483.54$71,711
Dec 19963,384123.32$78,915
Nov 19962,665121.97$58,550
Oct 19963,435123.31$80,070
Sep 19963,619122.22$80,414
Aug 19963,396120.26$68,803
Jul 19963,228119.55$63,107
Jun 19963,036118.73$56,864
May 19963,801119.43$73,853
Apr 19962,687121.51$57,797
Mar 19962,672119.38$51,783
Feb 19962,666116.98$45,269
Jan 19962,897117.07$49,452
Dec 19953,257117.19$55,988
Nov 19952,930116.00$46,880
Oct 19953,289115.43$50,749
Sep 19953,065116.18$49,592
Aug 19953,819115.92$60,798
Jul 19953,733115.24$56,891
Jun 19953,151116.41$51,708
May 19954,197117.56$73,699
Apr 19953,357117.73$59,520
Mar 19953,468116.44$57,014
Feb 19953,652116.58$60,550
Jan 19953,989115.92$63,505
Dec 19943,649115.03$54,844
Nov 19944,062115.90$64,586
Oct 19942,659115.58$41,427
Sep 19943,147115.29$48,118
Aug 19943,222116.13$51,971
Jul 19943,363117.56$59,054
Jun 19944,833117.09$82,596
May 19944,601115.88$73,064
Apr 19944,976114.14$70,361
Mar 19945,196112.46$64,742
Feb 19944,610112.50$57,625
Jan 19945,015112.66$63,490
Dec 19934,397112.33$54,215
Nov 19933,791114.49$54,932
Oct 19934,233115.85$67,093
Sep 19933,947115.03$59,323
Aug 19933,953115.66$61,904
Jul 19935,080115.46$78,537
Jun 19934,280116.79$71,861
May 19934,331117.68$76,572
Apr 19935,149118.05$92,939
Mar 19933,401118.14$61,694
Feb 19933,059117.90$54,756
Jan 19933,402116.93$57,596

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.

Jun 2001 — as filed, then multipliedworked
Oil                  134 bbl  × $ 24.56 =     $3,291
Casinghead gas         0 Mcf  × $  3.82 =         $0

────────────────────────────────────────────────────
Month total                                   $3,291

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/6748 is the state's own key, not one this site invented.