ERIC 130

Operated by HOLMES EXPLORATION, LLC (P-5 394700) in the ELLIS RANCH (CLEVELAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 7931District 10Field 28506152OilCasinghead gasSaveExport
Value, all time
$8.5 M
Sep 2008 – Mar 2012
Value, last 12 filed months
$197 k
at the published price for each month
Months reported
43
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 140 leases and 149 wells, and the rule below applies to all of them.

Discovered
1958-04-23
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 2005-07-01.

The Commission's schedule remark for this field reads: PETRO (CLEVELAND) FLD 68735120 EFC 5/1/11

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
OilDisposition97,629 bbl$5,974,225
Casinghead gasProduction548,782 Mcf$2,561,456
Total$8,535,682

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 36.0992, -100.8370. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.09917, -100.83699 · 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
7,254 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 7,254 ft.

Completions filed
Oct 2008
1 of 1 wells

1 well

42-357327454H7,254 ftOct 2008Yes

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 (43)

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

43 months

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 20111,5896,663105.964.33$197,243
Mar 20111,2547,37296.364.06$150,746
Feb 20111,4226,75885.644.18$150,028
Jan 20111,4348,21986.504.59$161,756
Dec 20109006,00885.734.35$103,278
Nov 20101,0706,36580.843.80$110,656
Oct 20101,4306,82678.103.51$135,635
Sep 20108912,80572.633.98$75,876
Aug 20107141,59573.684.42$59,656
Jul 20108894,81672.554.74$87,308
Jun 20101,76313,97270.364.91$192,653
May 20101,78714,84071.124.24$189,942
Apr 20101,98013,85981.694.12$218,883
Mar 20102,29413,73178.394.39$240,087
Feb 20101,78713,20173.585.44$203,332
Jan 20102,14915,18074.365.96$250,335
Dec 20092,33514,42471.445.48$245,910
Nov 20091,61414,51174.593.75$174,826
Oct 20091,78716,85772.544.11$198,915
Sep 20092,54121,28565.543.06$231,770
Aug 20093,94724,86967.423.22$346,148
Jul 20093,60826,59861.133.46$312,706
Jun 20093,64627,65466.163.90$348,932
May 20094,16832,23154.743.93$354,687
Apr 20095,24032,32246.773.59$361,030
Mar 20094,55123,17242.144.06$285,834
Feb 20094,42927,68532.814.63$273,580
Jan 20096,58940,03435.865.37$451,304
Dec 20088,24044,11837.105.98$569,403
Nov 200810,06435,75555.496.86$803,744
Oct 200811,15925,05775.246.92$1,013,047
Sep 20083580101.767.88$36,430

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 2011 — as filed, then multipliedworked
Oil                1,589 bbl  × $105.96 =   $168,370
Casinghead gas     6,663 Mcf  × $  4.33 =    $28,873

────────────────────────────────────────────────────
Month total                                 $197,243

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/7931 is the state's own key, not one this site invented.