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Operated by NATURAL GAS ANADARKO COMPANY (P-5 600750) in the TWIN (DES MOINES) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 7026District 10Field 92038444OilCasinghead gasSaveExport
Value, all time
$33 k
Mar 1995 – Aug 1998
Value, last 12 filed months
$3 k
at the published price for each month
Months reported
42
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 55 leases and 143 wells, and the rule below applies to all of them.

Discovered
1956-06-25
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 80 acres.

The Commission's schedule remark for this field reads: 700' OR TOP OF RED BEDS

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
OilDisposition1,929 bbl$32,436
Casinghead gasProduction1,110 Mcf$422
Total$32,858

938 Mcf of this lease's gas, across 22 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 36.4286, -101.0778. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.42858, -101.07778 · 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
7,892 ft
1 wells filed one
Completion to plug
3.3 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 7,892 ft.

Completions filed
Mar 1995
1 of 1 wells
Plug dates filed
Jun 1998
1 of 1 wells

Last completion to plug: a median of 3.3 years across the 1 well that filed both dates, with the middle half between 3.3 years and 3.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3573116310217,892 ftMar 1995Jun 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 (42)

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

42 months

Aug 19980011.301.91$0
Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 1998224012.622.21$2,827
Apr 199801213.042.51$30
Mar 19980612.802.31$14
Feb 19980813.952.30$18
Jan 199801214.702.15$26
Dec 199701216.322.41$29
Nov 19970618.193.09$19
Oct 19970819.253.15$25
Sep 19970617.742.95$18
Aug 199701017.862.55$26
Jul 1997179817.582.25$3,165
Jun 199701417.242.26$32
May 199701218.972.31$28
Apr 199701417.882.08$29
Mar 199701618.951.94$31
Feb 199701420.492.21$31
Jan 199701423.483.54$50
Dec 199601023.32$0
Nov 199602021.97$0
Oct 199602423.31$0
Sep 199602422.22$0
Aug 19961723220.26$3,485
Jul 199602619.55$0
Jun 199603218.73$0
May 199604319.43$0
Apr 199605021.51$0
Mar 199604519.38$0
Feb 19961652716.98$2,802
Jan 199604017.07$0
Dec 199502817.19$0
Nov 19951653516.00$2,640
Oct 199504215.43$0
Sep 199504816.18$0
Aug 19951796815.92$2,850
Jul 199505215.24$0
Jun 19951785016.41$2,921
May 199535712817.56$6,269
Apr 19953105817.73$5,496
Mar 199505616.44$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 1998 — as filed, then multipliedworked
Oil                  224 bbl  × $ 12.62 =     $2,827
Casinghead gas         0 Mcf  × $  2.21 =         $0

────────────────────────────────────────────────────
Month total                                   $2,827

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/7026 is the state's own key, not one this site invented.