HENRY 504

Operated by MIDSTATES PETROLEUM COMPANY LLC (P-5 566302) in the LIPSCOMB, S.E. (CLEVELAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 8584District 10Field 53878250OilCasinghead gasSaveExport
Value, all time
$4.7 M
Jun 2011 – Aug 2016
Value, last 12 filed months
$315 k
at the published price for each month
Months reported
63
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 468 leases and 529 wells, and the rule below applies to all of them.

Discovered
1983-12-21
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2011-11-22.

The Commission's schedule remark for this field reads: 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
OilDisposition39,500 bbl$3,242,971
Casinghead gasProduction421,864 Mcf$1,491,035
Total$4,734,005

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 36.2152, -100.4551. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.21516, -100.45507 · 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
8,030 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 8,030 ft.

Completions filed
Jun 2011
1 of 1 wells

1 well

42-295336643H8,030 ftJun 2011Yes

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 (63)

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

63 months

Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 2016149042.521.99$6,335
Apr 20163688,89036.561.99$31,154
Mar 20165389,45433.011.79$34,720
Feb 20161829,46926.472.06$24,358
Jan 201654910,20827.352.36$39,151
Dec 201554810,51132.362.00$38,770
Nov 201536510,48438.792.17$36,881
Oct 201554110,26143.552.43$48,460
Sep 201555311,22342.992.76$54,731
Aug 201555911,42140.162.87$55,256
Jul 201573410,95148.152.95$67,594
Jun 20155648,73556.152.88$56,850
May 20153799,42755.212.96$48,786
Apr 20155488,70949.822.71$50,873
Mar 20153777,37542.892.93$37,813
Feb 20153856,47244.662.98$36,456
Jan 20155807,55643.433.10$48,618
Dec 20143919,14054.693.59$54,209
Nov 20143897,63470.464.25$59,867
Oct 20143749,28378.303.90$65,497
Sep 20147208,31786.164.05$95,681
Aug 20145489,28389.394.04$86,444
Jul 201454610,30496.564.18$95,788
Jun 20145478,66098.164.74$94,715
May 20145449,01694.734.73$94,148
Apr 20145456,44095.944.81$83,258
Mar 20149046,52995.895.06$119,700
Feb 20145537,68197.406.19$101,423
Jan 20147329,83290.404.86$113,963
Dec 20137328,76591.824.35$105,379
Nov 20137319,61388.853.74$100,885
Oct 201372910,13497.423.78$109,319
Sep 20135429,587104.113.72$92,070
Aug 20137216,160104.253.52$96,864
Jul 20135454,958102.523.72$74,306
Jun 20139032,87794.403.93$96,560
May 20131833,06394.834.15$30,063
Apr 20133583,52393.964.28$48,725
Mar 20135514,25693.623.91$68,238
Feb 20131793,03191.233.42$26,696
Jan 20137195,31191.603.42$84,024
Dec 20128925,46286.773.42$96,080
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 20121,2626,478101.102.57$144,238
Jan 20121,4308,85698.092.73$164,482
Dec 20111,2435,63496.873.24$138,662
Nov 20111,6229,56595.723.31$186,930
Oct 20110084.983.65$0
Sep 20111,77711,92283.623.99$196,111
Aug 20113,07216,37583.404.15$324,150
Jul 20113,89818,10594.144.52$448,742
Jun 20112,69914,92492.904.64$319,983

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.

May 2016 — as filed, then multipliedworked
Oil                  149 bbl  × $ 42.52 =     $6,335
Casinghead gas         0 Mcf  × $  1.99 =         $0

────────────────────────────────────────────────────
Month total                                   $6,335

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/8584 is the state's own key, not one this site invented.