STANLEY UNIT

Name: STANLEY UNIT lease production and value, Feb 1998 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by UNIT PETROLEUM COMPANY (P-5 877099) in the LIPSCOMB, S. W. (CLEVELAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 7245District 10Field 53879500OilCasinghead gasSave Export

Value, all time

$1.5 M

Feb 1998 – Aug 2011

Value, last 12 filed months

$110 k

at the published price for each month

Months reported

163

no gaps in the span

Streams

oil, casinghead gas

The LIPSCOMB, S. W. (CLEVELAND) 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 40 leases and 42 wells, and the rule below applies to all of them.

Discovered

1975-01-16

as the register files it

Field class

Oil and gas

the register's own label

Between wells

933 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 2009-09-29.

The Commission's schedule remark for this field reads: “(CLEVELAND) 53869 270 EFF. 4/5/11.”

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.

Stream	Basis	Volume	Value
Oil	Disposition	23,870 bbl	$889,273
Casinghead gas	Production	132,407 Mcf	$646,933
Total			$1,536,205

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 36.1270, -100.2925. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.12699, -100.29247 · 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

10,485 ft

1 wells filed one

Completion to plug

25.3 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 10,485 ft.

Completions filed

Feb 1998

1 of 1 wells

Plug dates filed

May 2023

1 of 1 wells

Last completion to plug: a median of 25.3 years across the 1 well that filed both dates, with the middle half between 25.3 years and 25.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-29532408	2	10,485 ft	Feb 1998	May 2023	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 (163)

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

163 months


Aug 2011	0	0	83.40	4.15	$0
Jul 2011	0	0	94.14	4.52	$0
Jun 2011	136	0	92.90	4.64	$12,634
May 2011	0	0	98.13	4.40	$0
Apr 2011	179	993	105.96	4.33	$23,270
Mar 2011	0	1,019	96.36	4.06	$4,134
Feb 2011	194	946	85.64	4.18	$20,568
Jan 2011	0	1,028	86.50	4.59	$4,717
Dec 2010	0	1,056	85.73	4.35	$4,591
Nov 2010	183	1,029	80.84	3.80	$18,699
Oct 2010	0	1,049	78.10	3.51	$3,681
Sep 2010	179	1,060	72.63	3.98	$17,219
Aug 2010	0	1,099	73.68	4.42	$4,857
Jul 2010	174	1,052	72.55	4.74	$17,606
Jun 2010	0	1,048	70.36	4.91	$5,146
May 2010	182	1,036	71.12	4.24	$17,332
Apr 2010	0	993	81.69	4.12	$4,094
Mar 2010	169	1,029	78.39	4.39	$17,764
Feb 2010	0	969	73.58	5.44	$5,274
Jan 2010	182	1,091	74.36	5.96	$20,040
Dec 2009	0	1,038	71.44	5.48	$5,692
Nov 2009	179	1,032	74.59	3.75	$17,223
Oct 2009	0	1,043	72.54	4.11	$4,287
Sep 2009	175	1,031	65.54	3.06	$14,629
Aug 2009	0	1,104	67.42	3.22	$3,553
Jul 2009	183	1,097	61.13	3.46	$14,987
Jun 2009	182	1,052	66.16	3.90	$16,139
May 2009	181	680	54.74	3.93	$12,577
Apr 2009	0	21	46.77	3.59	$75
Mar 2009	0	556	42.14	4.06	$2,257
Feb 2009	184	724	32.81	4.63	$9,391
Jan 2009	0	780	35.86	5.37	$4,189
Dec 2008	174	763	37.10	5.98	$11,016
Nov 2008	0	772	55.49	6.86	$5,296
Oct 2008	178	810	75.24	6.92	$19,000
Sep 2008	0	787	101.76	7.88	$6,199
Aug 2008	177	813	114.22	8.48	$27,114
Jul 2008	0	835	131.08	11.39	$9,510
Jun 2008	181	808	131.33	13.03	$34,301
May 2008	0	836	123.17	11.57	$9,676
Apr 2008	179	816	110.31	10.45	$28,277
Mar 2008	164	790	101.90	9.66	$24,346
Feb 2008	0	726	92.53	8.77	$6,367
Jan 2008	328	749	90.38	8.21	$35,791
Dec 2007	170	640	88.33	7.30	$19,689
Nov 2007	0	599	91.67	7.29	$4,368
Oct 2007	0	690	82.85	6.92	$4,776
Sep 2007	168	729	75.84	6.24	$17,293
Aug 2007	0	599	69.06	6.39	$3,826
Jul 2007	173	830	70.90	6.39	$17,568
Jun 2007	179	817	62.00	7.55	$17,265
May 2007	179	839	58.74	7.85	$17,097
Apr 2007	181	830	59.61	7.81	$17,268
Mar 2007	0	716	56.92	7.30	$5,228
Feb 2007	0	570	55.10	8.22	$4,683
Jan 2007	44	577	50.30	6.73	$6,095
Dec 2006	183	847	56.65	6.92	$16,227
Nov 2006	0	819	54.20	7.62	$6,239
Oct 2006	185	864	54.90	6.01	$15,352
Sep 2006	180	837	60.08	5.04	$15,031
Aug 2006	0	858	68.71	7.34	$6,298
Jul 2006	173	900	69.37	6.34	$17,709
Jun 2006	0	812	66.28	6.38	$5,184
May 2006	174	770	66.01	6.42	$16,433
Apr 2006	0	886	64.39	7.36	$6,521
Mar 2006	182	916	56.70	7.08	$16,807
Feb 2006	182	763	57.59	7.75	$16,395
Jan 2006	0	830	60.59	8.93	$7,415
Dec 2005	364	967	54.94	13.42	$32,971
Nov 2005	0	493	54.69	10.59	$5,220
Oct 2005	182	958	58.34	13.80	$23,834
Sep 2005	172	671	61.45	12.08	$18,674
Aug 2005	0	557	61.51	9.80	$5,457
Jul 2005	0	745	55.69	7.84	$5,844
Jun 2005	0	796	52.33	7.38	$5,875
May 2005	181	923	45.22	6.65	$14,324
Apr 2005	0	863	49.20	7.36	$6,352
Mar 2005	182	788	50.37	7.15	$14,805
Feb 2005	185	678	45.22	6.31	$12,645
Jan 2005	0	978	43.16	6.32	$6,183
Dec 2004	186	802	39.86	6.75	$12,828
Nov 2004	0	921	45.28	6.33	$5,830
Oct 2004	184	900	49.70	6.52	$15,008
Sep 2004	346	1,091	43.24	5.28	$20,726
Aug 2004	0	811	42.37	5.55	$4,502
Jul 2004	0	497	38.28	6.08	$3,024
Jun 2004	0	510	36.10	6.43	$3,281
May 2004	183	695	37.48	6.49	$11,373
Apr 2004	0	370	34.47	5.86	$2,168
Mar 2004	181	241	34.36	5.53	$7,552
Feb 2004	187	206	32.45	5.51	$7,203
Jan 2004	0	186	32.03	6.30	$1,172
Dec 2003	186	235	30.26	6.30	$7,109
Nov 2003	189	240	28.80	4.60	$6,546
Oct 2003	186	271	28.17	4.76	$6,529
Sep 2003	0	280	26.31	4.75	$1,330
Aug 2003	182	316	29.76	5.13	$7,037
Jul 2003	166	328	29.41	5.17	$6,578
Jun 2003	0	313	28.56	5.98	$1,873
May 2003	175	309	26.59	5.97	$6,499
Apr 2003	161	302	26.67	5.41	$5,927
Mar 2003	177	306	31.14	6.10	$7,377
Feb 2003	165	280	33.48	7.93	$7,743
Jan 2003	187	273	30.31	5.58	$7,192
Dec 2002	117	233	26.91	4.85	$4,279
Nov 2002	184	199	24.66	4.14	$5,361
Oct 2002	0	281	26.46	4.23	$1,188
Sep 2002	184	304	27.44	3.64	$6,154
Aug 2002	182	309	25.96	3.16	$5,702
Jul 2002	0	367	24.58	3.06	$1,124
Jun 2002	181	402	23.73	3.34	$5,637
May 2002	182	405	24.66	3.58	$5,940
Apr 2002	181	476	23.65	3.51	$5,953
Mar 2002	182	275	22.00	3.10	$4,857
Feb 2002	186	584	18.22	2.38	$4,776
Jan 2002	195	968	17.17	2.38	$5,648
Dec 2001	0	477	16.93	2.36	$1,128
Nov 2001	185	530	18.07	2.41	$4,618
Oct 2001	0	557	19.78	2.53	$1,409
Sep 2001	245	654	24.26	2.25	$7,416
Aug 2001	181	743	24.87	3.05	$6,770
Jul 2001	195	842	23.93	3.20	$7,358
Jun 2001	185	838	24.56	3.82	$7,748
May 2001	189	883	25.52	4.31	$8,627
Apr 2001	0	557	24.68	5.34	$2,972
Mar 2001	183	563	24.54	5.38	$7,518
Feb 2001	0	546	27.75	5.77	$3,149
Jan 2001	197	618	27.47	8.40	$10,602
Dec 2000	195	570	26.88	9.12	$10,441
Nov 2000	183	622	32.21	5.66	$9,414
Oct 2000	180	648	31.23	5.15	$8,956
Sep 2000	192	662	31.87	5.19	$9,553
Aug 2000	120	862	29.64	4.54	$7,471
Jul 2000	0	988	28.53	4.09	$4,041
Jun 2000	287	950	29.30	4.40	$12,586
May 2000	194	1,007	27.26	3.68	$8,994
Apr 2000	195	908	24.51	3.12	$7,609
Mar 2000	184	933	28.42	2.86	$7,897
Feb 2000	185	842	27.62	2.73	$7,405
Jan 2000	185	913	25.27	2.48	$6,940
Dec 1999	185	918	24.28	2.42	$6,717
Nov 1999	183	928	23.19	2.43	$6,503
Oct 1999	179	989	20.98	2.80	$6,528
Sep 1999	184	1,001	21.75	2.62	$6,623
Aug 1999	316	1,118	19.26	2.88	$9,301
Jul 1999	181	1,163	17.89	2.37	$5,997
Jun 1999	181	1,162	15.94	2.36	$5,630
May 1999	364	1,179	15.79	2.32	$8,484
Apr 1999	216	1,157	15.10	2.21	$5,816
Mar 1999	180	1,239	12.47	1.84	$4,522
Feb 1999	181	1,150	9.98	1.82	$3,897
Jan 1999	364	1,309	10.38	1.90	$6,265
Dec 1998	182	1,390	9.20	1.77	$4,139
Nov 1998	365	1,375	10.89	2.19	$6,980
Oct 1998	184	1,551	12.42	1.97	$5,340
Sep 1998	365	1,708	12.59	2.08	$8,152
Aug 1998	364	1,912	11.30	1.91	$7,760
Jul 1998	366	2,220	11.74	2.24	$9,264
Jun 1998	365	2,507	11.24	2.24	$9,711
May 1998	549	3,109	12.62	2.21	$13,788
Apr 1998	541	1,743	13.04	2.51	$11,421
Mar 1998	726	2,790	12.80	2.31	$15,736
Feb 1998	1,012	1,475	13.95	2.30	$17,509

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 2011 — as filed, then multipliedworked

Oil                  136 bbl  × $ 92.90 =    $12,634
Casinghead gas         0 Mcf  × $  4.64 =         $0

────────────────────────────────────────────────────
Month total                                  $12,634

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/7245 is the state's own key, not one this site invented.