YOUNG, J. W.

Operated by CHEVRON U. S. A. INC. (P-5 148113) in the MILLS RANCH (GRANITE WASH, K.C.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 7340District 10Field 61691240OilCasinghead gasSaveExport
Value, all time
$1.1 M
Jan 2000 – Jun 2012
Value, last 12 filed months
$0
at the published price for each month
Months reported
150
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 19 leases and 25 wells, and the rule below applies to all of them.

Discovered
1980-07-07
as the register files it
Field class
Oil
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 Commission's schedule remark for this field reads: MILLS RANCH (GRANITE WASH CONS.) FIELD

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
OilDisposition24,207 bbl$820,434
Casinghead gasProduction56,466 Mcf$292,595
Total$1,113,029

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 35.3972, -100.0996. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.39725, -100.09962 · 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
11,058 ft
1 wells filed one
Completion to plug
12.7 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 11,058 ft.

Completions filed
Jan 2000
1 of 1 wells
Plug dates filed
Sep 2012
1 of 1 wells

Last completion to plug: a median of 12.7 years across the 1 well that filed both dates, with the middle half between 12.7 years and 12.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-48330560311,058 ftJan 2000Sep 2012Yes

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 (150)

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

150 months

Jun 20120079.822.52$0
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 200736059.617.81$2,146
Mar 200733821656.927.30$20,816
Feb 2007037755.108.22$3,097
Jan 200716442650.306.73$11,115
Dec 20064728456.656.92$4,627
Nov 200629130354.207.62$18,080
Oct 200647445854.906.01$28,777
Sep 200619248860.085.04$13,994
Aug 200617043368.717.34$14,859
Jul 200616744369.376.34$14,395
Jun 200617340166.286.38$14,026
May 200612345066.016.42$11,010
Apr 200618043164.397.36$14,763
Mar 200618740356.707.08$13,457
Feb 200617639657.597.75$13,205
Jan 200615844360.598.93$13,531
Dec 200517137554.9413.42$14,426
Nov 200523342054.6910.59$17,190
Oct 200531855958.3413.80$26,264
Sep 200510648461.4512.08$12,360
Aug 200517145861.519.80$15,005
Jul 200512925755.697.84$9,200
Jun 200517743852.337.38$12,495
May 200517943545.226.65$10,988
Apr 200516844149.207.36$11,512
Mar 200516397250.377.15$15,165
Feb 200532240845.226.31$17,136
Jan 200522853343.166.32$13,210
Dec 200414251539.866.75$9,137
Nov 20048352045.286.33$7,050
Oct 200415258349.706.52$11,353
Sep 200419551043.245.28$11,127
Aug 200430845542.375.55$15,576
Jul 200412347938.286.08$7,623
Jun 200419250236.106.43$10,161
May 200419745037.486.49$10,306
Apr 200424248034.475.86$11,154
Mar 200419060334.365.53$9,863
Feb 200420060632.455.51$9,829
Jan 200435149032.036.30$14,329
Dec 200333871930.266.30$14,759
Nov 200333884528.804.60$13,617
Oct 200325565728.174.76$10,310
Sep 200321855226.314.75$8,357
Aug 200330760129.765.13$12,219
Jul 200314245229.415.17$6,513
Jun 200321055828.565.98$9,336
May 200320751626.595.97$8,586
Apr 200328756026.675.41$10,682
Mar 200329671131.146.10$13,552
Feb 200323762233.487.93$12,865
Jan 200323648430.315.58$9,855
Dec 20029725526.914.85$3,848
Nov 200226259824.664.14$8,935
Oct 200225866826.464.23$9,652
Sep 200221158327.443.64$7,909
Aug 200221174025.963.16$7,819
Jul 200245782624.583.06$13,762
Jun 200235874723.733.34$10,989
May 200215189124.663.58$6,917
Apr 200228588623.653.51$9,852
Mar 200223380122.003.10$7,611
Feb 200224381118.222.38$6,354
Jan 200234292317.172.38$8,065
Dec 200134168116.932.36$7,383
Nov 200131195718.072.41$7,922
Oct 200143778519.782.53$10,629
Sep 200160492524.262.25$16,736
Aug 200119966624.873.05$6,983
Jul 20012215123.933.20$5,452
Jun 20015811,18324.563.82$18,793
May 200164140125.524.31$18,086
Apr 200118336624.685.34$6,469
Mar 20010024.545.38$0
Feb 200162027.755.77$1,721
Jan 200145284227.478.40$19,488
Dec 200050190126.889.12$21,686
Nov 200052694032.215.66$22,261
Oct 200025078031.235.15$11,821
Sep 200035189631.875.19$15,833
Aug 20005811,21229.644.54$22,724
Jul 20004422,00028.534.09$20,790
Jun 20004232,01129.304.40$21,237
May 20006862,13227.263.68$26,546
Apr 20008981,82224.513.12$27,687
Mar 20007141,09128.422.86$23,412
Feb 20008871,61927.622.73$28,913
Jan 200012127425.272.48$3,737

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.

Apr 2007 — as filed, then multipliedworked
Oil                   36 bbl  × $ 59.61 =     $2,146
Casinghead gas         0 Mcf  × $  7.81 =         $0

────────────────────────────────────────────────────
Month total                                   $2,146

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/7340 is the state's own key, not one this site invented.