LINCOLN BOOTH

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

Oil lease lease 7853District 10Field 11226200OilCasinghead gasSaveExport
Value, all time
$1.5 M
Dec 2006 – Aug 2011
Value, last 12 filed months
$16 k
at the published price for each month
Months reported
57
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 141 leases and 152 wells, and the rule below applies to all of them.

Discovered
1959-09-16
as the register files it
Field class
Oil and gas
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 field rule took effect on 2002-10-01.

The Commission's schedule remark for this field reads: 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.

StreamBasisVolumeValue
OilDisposition2,526 bbl$180,261
Casinghead gasProduction199,171 Mcf$1,334,005
Total$1,514,266

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 36.2397, -100.3977. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.23970, -100.39768 · 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
0.0%
0 of 1 wells
Median depth
9,700 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
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 9,700 ft.

Completions filed
Dec 2006
1 of 1 wells

1 well

42-2953311239,700 ftDec 2006Yes

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 (57)

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

57 months

Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 201125092.904.64$2,323
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 2010186072.633.98$13,509
Aug 2010055073.684.42$2,431
Jul 201003,44872.554.74$16,331
Jun 201003,41170.364.91$16,749
May 201003,57771.124.24$15,149
Apr 201003,54981.694.12$14,631
Mar 201003,78878.394.39$16,624
Feb 201003,06173.585.44$16,659
Jan 201003,03974.365.96$18,125
Dec 200903,30971.445.48$18,146
Nov 200903,53774.593.75$13,269
Oct 200903,72072.544.11$15,290
Sep 20091933,56765.543.06$23,581
Aug 200903,78267.423.22$12,172
Jul 200903,90761.133.46$13,536
Jun 200903,87166.163.90$15,078
May 200903,96954.743.93$15,581
Apr 200903,94646.773.59$14,156
Mar 200904,03242.144.06$16,366
Feb 200903,81732.814.63$17,684
Jan 20091973,92535.865.37$28,146
Dec 200803,98237.105.98$23,801
Nov 200804,19555.496.86$28,779
Oct 200804,42175.246.92$30,602
Sep 200804,369101.767.88$34,415
Aug 20081924,551114.228.48$60,536
Jul 200804,688131.0811.39$53,394
Jun 200804,524131.3313.03$58,960
May 200804,450123.1711.57$51,506
Apr 20081984,685110.3110.45$70,822
Mar 200805,056101.909.66$48,862
Feb 200804,52892.538.77$39,713
Jan 20081945,03790.388.21$58,866
Dec 200705,20088.337.30$37,970
Nov 200705,05091.677.29$36,823
Oct 20071975,51482.856.92$54,489
Sep 200705,36375.846.24$33,487
Aug 20071905,62969.066.39$49,079
Jul 200706,05270.906.39$38,660
Jun 20071886,23162.007.55$58,690
May 20071955,45758.747.85$54,271
Apr 200705,78359.617.81$45,137
Mar 20071826,38156.927.30$56,953
Feb 20071946,11255.108.22$60,906
Jan 20071958,20150.306.73$64,975
Dec 200603,90756.656.92$27,030

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                   25 bbl  × $ 92.90 =     $2,323
Casinghead gas         0 Mcf  × $  4.64 =         $0

────────────────────────────────────────────────────
Month total                                   $2,323

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/7853 is the state's own key, not one this site invented.