WHEAT -341-

Name: WHEAT -341- lease production and value, Mar 1995 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by EOG RESOURCES, INC. (P-5 253162) in the LIPSCOMB, S. (HEPLER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 7037District 10Field 53873550OilCasinghead gasSave Export

Value, all time

$2.6 M

Mar 1995 – Apr 2016

Value, last 12 filed months

$2 k

at the published price for each month

Months reported

254

no gaps in the span

Streams

oil, casinghead gas

The LIPSCOMB, S. (HEPLER) field

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 3 leases and 3 wells, and the rule below applies to all of them.

Discovered

1995-03-22

as the register files it

Field class

Oil

the register's own label

Between wells

—

no field rule filed

From a lease line

—

no field rule filed

The Commission's schedule remark for this field reads: “DESIG. INT. 8724-8792. NFD PER DKT #10-0207461 EFF. 2/6/95.”

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.

Stream	Basis	Volume	Value
Oil	Disposition	33,272 bbl	$1,362,421
Casinghead gas	Production	310,158 Mcf	$1,259,106
Total			$2,621,528

38,579 Mcf of this lease's gas, across 21 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 36.1450, -100.2199. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.14501, -100.21987 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

8,900 ft

1 wells filed one

Completion to plug

21.3 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 8,900 ft.

Completions filed

Nov 1994

1 of 1 wells

Plug dates filed

Mar 2016

1 of 1 wells

Last completion to plug: a median of 21.3 years across the 1 well that filed both dates, with the middle half between 21.3 years and 21.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-29532195	1	8,900 ft	Nov 1994	Mar 2016	Yes

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 (254)

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

254 months


Apr 2016	0	0	36.56	1.99	$0
Mar 2016	0	0	33.01	1.79	$0
Feb 2016	0	0	26.47	2.06	$0
Jan 2016	0	0	27.35	2.36	$0
Dec 2015	1	0	32.36	2.00	$32
Nov 2015	0	0	38.79	2.17	$0
Oct 2015	0	0	43.55	2.43	$0
Sep 2015	0	0	42.99	2.76	$0
Aug 2015	0	0	40.16	2.87	$0
Jul 2015	0	0	48.15	2.95	$0
Jun 2015	33	0	56.15	2.88	$1,853
May 2015	0	62	55.21	2.96	$183
Apr 2015	51	263	49.82	2.71	$3,253
Mar 2015	20	332	42.89	2.93	$1,832
Feb 2015	58	197	44.66	2.98	$3,177
Jan 2015	41	301	43.43	3.10	$2,714
Dec 2014	52	347	54.69	3.59	$4,090
Nov 2014	61	396	70.46	4.25	$5,982
Oct 2014	22	312	78.30	3.90	$2,940
Sep 2014	45	457	86.16	4.05	$5,726
Aug 2014	48	537	89.39	4.04	$6,458
Jul 2014	30	608	96.56	4.18	$5,438
Jun 2014	70	51	98.16	4.74	$7,113
May 2014	0	112	94.73	4.73	$529
Apr 2014	53	635	95.94	4.81	$8,139
Mar 2014	46	827	95.89	5.06	$8,593
Feb 2014	99	682	97.40	6.19	$13,866
Jan 2014	0	587	90.40	4.86	$2,853
Dec 2013	44	903	91.82	4.35	$7,972
Nov 2013	50	1,337	88.85	3.74	$9,441
Oct 2013	46	1,328	97.42	3.78	$9,500
Sep 2013	39	1,270	104.11	3.72	$8,782
Aug 2013	88	1,227	104.25	3.52	$13,496
Jul 2013	138	1,021	102.52	3.72	$17,944
Jun 2013	62	898	94.40	3.93	$9,385
May 2013	61	1,022	94.83	4.15	$10,025
Apr 2013	200	875	93.96	4.28	$22,539
Mar 2013	0	890	93.62	3.91	$3,482
Feb 2013	62	804	91.23	3.42	$8,406
Jan 2013	88	980	91.60	3.42	$11,412
Dec 2012	178	905	86.77	3.42	$18,540
Nov 2012	0	1,279	86.95	3.62	$4,636
Oct 2012	127	1,087	89.38	3.40	$15,047
Sep 2012	0	1,419	94.67	2.92	$4,141
Aug 2012	119	1,350	92.66	2.91	$14,953
Jul 2012	184	1,446	85.13	3.02	$20,032
Jun 2012	71	1,282	79.82	2.52	$8,897
May 2012	127	1,303	91.61	2.49	$14,877
Apr 2012	0	783	101.65	2.00	$1,563
Mar 2012	151	819	105.05	2.22	$17,682
Feb 2012	196	817	101.10	2.57	$21,915
Jan 2012	0	1,283	98.09	2.73	$3,508
Dec 2011	0	1,006	96.87	3.24	$3,259
Nov 2011	398	1,013	95.72	3.31	$41,451
Oct 2011	0	1,426	84.98	3.65	$5,203
Sep 2011	0	289	83.62	3.99	$1,152
Aug 2011	195	1,163	83.40	4.15	$21,089
Jul 2011	0	1,374	94.14	4.52	$6,207
Jun 2011	0	1,313	92.90	4.64	$6,092
May 2011	197	1,375	98.13	4.40	$25,388
Apr 2011	0	1,311	105.96	4.33	$5,681
Mar 2011	0	1,205	96.36	4.06	$4,889
Feb 2011	198	1,200	85.64	4.18	$21,973
Jan 2011	201	1,253	86.50	4.59	$23,136
Dec 2010	0	1,277	85.73	4.35	$5,552
Nov 2010	198	1,265	80.84	3.80	$20,807
Oct 2010	0	1,287	78.10	3.51	$4,516
Sep 2010	0	1,330	72.63	3.98	$5,293
Aug 2010	193	1,218	73.68	4.42	$19,603
Jul 2010	0	1,180	72.55	4.74	$5,589
Jun 2010	0	1,211	70.36	4.91	$5,946
May 2010	196	1,374	71.12	4.24	$19,759
Apr 2010	0	1,395	81.69	4.12	$5,751
Mar 2010	197	1,273	78.39	4.39	$21,030
Feb 2010	0	1,033	73.58	5.44	$5,622
Jan 2010	0	1,168	74.36	5.96	$6,966
Dec 2009	198	1,150	71.44	5.48	$20,451
Nov 2009	0	1,262	74.59	3.75	$4,734
Oct 2009	194	1,333	72.54	4.11	$19,552
Sep 2009	0	1,331	65.54	3.06	$4,079
Aug 2009	190	1,247	67.42	3.22	$16,823
Jul 2009	189	1,388	61.13	3.46	$16,362
Jun 2009	0	1,203	66.16	3.90	$4,686
May 2009	0	1,145	54.74	3.93	$4,495
Apr 2009	181	1,039	46.77	3.59	$12,193
Mar 2009	193	1,492	42.14	4.06	$14,189
Feb 2009	0	1,209	32.81	4.63	$5,601
Jan 2009	192	1,239	35.86	5.37	$13,540
Dec 2008	0	603	37.10	5.98	$3,604
Nov 2008	201	1,336	55.49	6.86	$20,319
Oct 2008	0	230	75.24	6.92	$1,592
Sep 2008	195	1,321	101.76	7.88	$30,249
Aug 2008	0	1,249	114.22	8.48	$10,595
Jul 2008	194	1,388	131.08	11.39	$41,238
Jun 2008	189	1,436	131.33	13.03	$43,536
May 2008	189	1,319	123.17	11.57	$38,546
Apr 2008	0	1,361	110.31	10.45	$14,229
Mar 2008	0	1,669	101.90	9.66	$16,129
Feb 2008	189	1,363	92.53	8.77	$29,442
Jan 2008	188	1,450	90.38	8.21	$28,890
Dec 2007	0	784	88.33	7.30	$5,725
Nov 2007	195	1,260	91.67	7.29	$27,063
Oct 2007	193	1,462	82.85	6.92	$26,110
Sep 2007	0	1,644	75.84	6.24	$10,265
Aug 2007	168	120	69.06	6.39	$12,369
Jul 2007	0	144	70.90	6.39	$920
Jun 2007	189	1,137	62.00	7.55	$20,301
May 2007	193	1,071	58.74	7.85	$19,740
Apr 2007	70	1,157	59.61	7.81	$13,203
Mar 2007	0	1,373	56.92	7.30	$10,026
Feb 2007	381	911	55.10	8.22	$28,478
Jan 2007	0	831	50.30	6.73	$5,590
Dec 2006	0	60	56.65	6.92	$415
Nov 2006	0	517	54.20	7.62	$3,938
Oct 2006	0	1,202	54.90	6.01	$7,229
Sep 2006	193	1,033	60.08	5.04	$16,799
Aug 2006	195	1,194	68.71	7.34	$22,162
Jul 2006	186	1,024	69.37	6.34	$19,398
Jun 2006	0	1,259	66.28	6.38	$8,037
May 2006	190	1,307	66.01	6.42	$20,939
Apr 2006	189	978	64.39	7.36	$19,368
Mar 2006	187	1,150	56.70	7.08	$18,748
Feb 2006	0	1,204	57.59	7.75	$9,332
Jan 2006	193	1,255	60.59	8.93	$22,905
Dec 2005	0	847	54.94	13.42	$11,363
Nov 2005	200	1,153	54.69	10.59	$23,146
Oct 2005	196	1,214	58.34	13.80	$28,183
Sep 2005	0	1,251	61.45	12.08	$15,111
Aug 2005	395	1,247	61.51	9.80	$36,513
Jul 2005	199	1,544	55.69	7.84	$23,193
Jun 2005	0	1,529	52.33	7.38	$11,286
May 2005	0	778	45.22	6.65	$5,175
Apr 2005	396	1,292	49.20	7.36	$28,993
Mar 2005	195	1,048	50.37	7.15	$17,320
Feb 2005	0	1,007	45.22	6.31	$6,356
Jan 2005	198	741	43.16	6.32	$13,230
Dec 2004	0	1,148	39.86	6.75	$7,750
Nov 2004	195	1,109	45.28	6.33	$15,850
Oct 2004	0	1,266	49.70	6.52	$8,248
Sep 2004	0	1,323	43.24	5.28	$6,991
Aug 2004	177	1,158	42.37	5.55	$13,927
Jul 2004	188	1,118	38.28	6.08	$13,999
Jun 2004	0	1,180	36.10	6.43	$7,591
May 2004	183	1,197	37.48	6.49	$14,633
Apr 2004	197	1,720	34.47	5.86	$16,867
Mar 2004	0	994	34.36	5.53	$5,497
Feb 2004	161	1,240	32.45	5.51	$12,056
Jan 2004	170	1,407	32.03	6.30	$14,309
Dec 2003	193	1,209	30.26	6.30	$13,459
Nov 2003	193	1,279	28.80	4.60	$11,436
Oct 2003	0	1,169	28.17	4.76	$5,564
Sep 2003	173	1,164	26.31	4.75	$10,080
Aug 2003	198	1,205	29.76	5.13	$12,074
Jul 2003	192	1,343	29.41	5.17	$12,591
Jun 2003	0	992	28.56	5.98	$5,935
May 2003	171	1,364	26.59	5.97	$12,694
Apr 2003	198	1,282	26.67	5.41	$12,213
Mar 2003	197	1,380	31.14	6.10	$14,547
Feb 2003	0	1,448	33.48	7.93	$11,477
Jan 2003	404	1,483	30.31	5.58	$20,523
Dec 2002	0	1,361	26.91	4.85	$6,606
Nov 2002	216	1,335	24.66	4.14	$10,849
Oct 2002	199	1,444	26.46	4.23	$11,372
Sep 2002	0	1,277	27.44	3.64	$4,642
Aug 2002	188	1,546	25.96	3.16	$9,772
Jul 2002	177	1,396	24.58	3.06	$8,625
Jun 2002	201	1,461	23.73	3.34	$9,647
May 2002	0	1,473	24.66	3.58	$5,279
Apr 2002	112	1,426	23.65	3.51	$7,657
Mar 2002	410	1,521	22.00	3.10	$13,739
Feb 2002	0	1,253	18.22	2.38	$2,977
Jan 2002	199	1,392	17.17	2.38	$6,724
Dec 2001	0	1,471	16.93	2.36	$3,478
Nov 2001	201	1,399	18.07	2.41	$6,997
Oct 2001	188	1,422	19.78	2.53	$7,315
Sep 2001	192	1,490	24.26	2.25	$8,012
Aug 2001	196	1,341	24.87	3.05	$8,969
Jul 2001	200	1,447	23.93	3.20	$9,412
Jun 2001	193	1,594	24.56	3.82	$10,836
May 2001	180	877	25.52	4.31	$8,371
Apr 2001	0	1,126	24.68	5.34	$6,008
Mar 2001	372	1,213	24.54	5.38	$15,651
Feb 2001	0	1,765	27.75	5.77	$10,179
Jan 2001	380	2,013	27.47	8.40	$27,345
Dec 2000	0	1,621	26.88	9.12	$14,788
Nov 2000	194	1,377	32.21	5.66	$14,040
Oct 2000	0	1,610	31.23	5.15	$8,284
Sep 2000	183	1,494	31.87	5.19	$13,581
Aug 2000	183	1,407	29.64	4.54	$11,813
Jul 2000	359	1,314	28.53	4.09	$15,616
Jun 2000	0	1,033	29.30	4.40	$4,542
May 2000	180	1,292	27.26	3.68	$9,661
Apr 2000	187	1,299	24.51	3.12	$8,631
Mar 2000	182	1,268	28.42	2.86	$8,799
Feb 2000	177	1,238	27.62	2.73	$8,264
Jan 2000	186	1,394	25.27	2.48	$8,158
Dec 1999	180	1,420	24.28	2.42	$7,812
Nov 1999	178	1,365	23.19	2.43	$7,450
Oct 1999	184	1,463	20.98	2.80	$7,962
Sep 1999	160	1,334	21.75	2.62	$6,974
Aug 1999	173	1,413	19.26	2.88	$7,395
Jul 1999	184	1,510	17.89	2.37	$6,874
Jun 1999	185	1,350	15.94	2.36	$6,138
May 1999	184	1,418	15.79	2.32	$6,197
Apr 1999	0	1,752	15.10	2.21	$3,869
Mar 1999	182	2,076	12.47	1.84	$6,086
Feb 1999	184	1,693	9.98	1.82	$4,914
Jan 1999	380	1,271	10.38	1.90	$6,359
Dec 1998	187	2,354	9.20	1.77	$5,895
Nov 1998	181	1,927	10.89	2.19	$6,183
Oct 1998	212	2,237	12.42	1.97	$7,038
Sep 1998	188	2,275	12.59	2.08	$7,105
Aug 1998	185	2,181	11.30	1.91	$6,250
Jul 1998	0	2,508	11.74	2.24	$5,611
Jun 1998	374	2,348	11.24	2.24	$9,457
May 1998	0	2,218	12.62	2.21	$4,894
Apr 1998	182	1,519	13.04	2.51	$6,179
Mar 1998	377	1,517	12.80	2.31	$8,329
Feb 1998	14	1,335	13.95	2.30	$3,265
Jan 1998	185	1,508	14.70	2.15	$5,969
Dec 1997	371	1,662	16.32	2.41	$10,062
Nov 1997	0	1,452	18.19	3.09	$4,484
Oct 1997	178	1,497	19.25	3.15	$8,142
Sep 1997	357	1,520	17.74	2.95	$10,825
Aug 1997	177	1,583	17.86	2.55	$7,205
Jul 1997	175	1,777	17.58	2.25	$7,069
Jun 1997	165	1,380	17.24	2.26	$5,960
May 1997	341	2,052	18.97	2.31	$11,206
Apr 1997	170	1,713	17.88	2.08	$6,607
Mar 1997	172	1,839	18.95	1.94	$6,825
Feb 1997	358	1,392	20.49	2.21	$10,406
Jan 1997	0	1,688	23.48	3.54	$5,975
Dec 1996	334	1,522	23.32	—	$7,789
Nov 1996	170	1,296	21.97	—	$3,735
Oct 1996	172	1,521	23.31	—	$4,009
Sep 1996	346	1,552	22.22	—	$7,688
Aug 1996	172	1,747	20.26	—	$3,485
Jul 1996	175	1,740	19.55	—	$3,421
Jun 1996	343	1,823	18.73	—	$6,424
May 1996	339	1,959	19.43	—	$6,587
Apr 1996	162	1,782	21.51	—	$3,485
Mar 1996	347	1,643	19.38	—	$6,725
Feb 1996	346	1,726	16.98	—	$5,875
Jan 1996	351	1,813	17.07	—	$5,992
Dec 1995	0	1,306	17.19	—	$0
Nov 1995	343	1,695	16.00	—	$5,488
Oct 1995	349	1,972	15.43	—	$5,385
Sep 1995	178	1,735	16.18	—	$2,880
Aug 1995	355	1,996	15.92	—	$5,652
Jul 1995	345	1,975	15.24	—	$5,258
Jun 1995	347	2,346	16.41	—	$5,694
May 1995	538	2,552	17.56	—	$9,447
Apr 1995	95	2,878	17.73	—	$1,684
Mar 1995	0	0	16.44	—	$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.

Dec 2015 — as filed, then multipliedworked

Oil                    1 bbl  × $ 32.36 =        $32
Casinghead gas         0 Mcf  × $  2.00 =         $0

────────────────────────────────────────────────────
Month total                                      $32

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/7037 is the state's own key, not one this site invented.