ELIOTT

Operated by RUSSELL, T. OPERATING INC. (P-5 737140) in the BLIND (DUFFER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 123622District 7BField 08879400CondensateGasSaveExport
Value, all time
$70 k
Jan 1993 – May 2005
Value, last 12 filed months
$0
at the published price for each month
Months reported
149
no gaps in the span
Streams
2
condensate, 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 4 leases and 4 wells, and the rule below applies to all of them.

Discovered
1984-11-20
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: ALLOCATION FORMULA EFFECTIVE 08/01/85.

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
CondensateDisposition18 bbl$327
GasProduction37,492 Mcf$69,946
Total$70,272

16,399 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 32.6500, -99.0952. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.65000, -99.09523 · 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
4,388 ft
1 wells filed one
Completion to plug
19.8 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 4,388 ft.

Completions filed
Aug 1985
1 of 1 wells
Plug dates filed
May 2005
1 of 1 wells

Last completion to plug: a median of 19.8 years across the 1 well that filed both dates, with the middle half between 19.8 years and 19.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4293427514,388 ftAug 1985May 2005Yes

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 (149)

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

149 months

May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 2003017029.415.17$879
Jun 2003026028.565.98$1,556
May 2003022226.595.97$1,326
Apr 2003024126.675.41$1,303
Mar 2003023031.146.10$1,402
Feb 2003020733.487.93$1,641
Jan 2003030730.315.58$1,714
Dec 2002032626.914.85$1,582
Nov 2002032024.664.14$1,324
Oct 2002031626.464.23$1,336
Sep 2002032027.443.64$1,163
Aug 2002023025.963.16$728
Jul 2002029524.583.06$903
Jun 2002029023.733.34$968
May 2002032024.663.58$1,147
Apr 2002023023.653.51$808
Mar 2002026022.003.10$807
Feb 2002014518.222.38$344
Jan 2002018017.172.38$428
Dec 2001017516.932.36$414
Nov 2001024518.072.41$589
Oct 2001025519.782.53$645
Sep 2001029224.262.25$657
Aug 2001027024.873.05$824
Jul 2001021623.933.20$691
Jun 2001029424.563.82$1,124
May 2001030225.524.31$1,301
Apr 2001020824.685.34$1,110
Mar 2001019124.545.38$1,027
Feb 2001023227.755.77$1,338
Jan 2001024127.478.40$2,024
Dec 2000022226.889.12$2,025
Nov 2000022432.215.66$1,267
Oct 2000021431.235.15$1,101
Sep 2000011831.875.19$612
Aug 2000022929.644.54$1,040
Jul 2000025528.534.09$1,043
Jun 2000025929.304.40$1,139
May 2000028027.263.68$1,030
Apr 2000026524.513.12$826
Mar 2000028328.422.86$809
Feb 2000025027.622.73$682
Jan 2000027525.272.48$682
Dec 1999027024.282.42$654
Nov 1999026523.192.43$645
Oct 1999027620.982.80$774
Sep 1999027021.752.62$707
Aug 1999028419.262.88$817
Jul 1999027917.892.37$662
Jun 1999027215.942.36$642
May 1999029215.792.32$678
Apr 1999029015.102.21$640
Mar 1999028712.471.84$528
Feb 199902699.981.82$489
Jan 1999027810.381.90$528
Dec 199802629.201.77$465
Nov 1998027610.892.19$603
Oct 1998030612.421.97$603
Sep 1998030512.592.08$635
Aug 1998034411.301.91$656
Jul 1998031411.742.24$703
Jun 1998030111.242.24$673
May 1998031712.622.21$699
Apr 1998030813.042.51$772
Mar 1998030412.802.31$702
Feb 1998027413.952.30$630
Jan 1998030614.702.15$659
Dec 1997029116.322.41$702
Nov 1997029218.193.09$902
Oct 1997032319.253.15$1,017
Sep 1997032817.742.95$969
Aug 1997031417.862.55$802
Jul 1997033217.582.25$746
Jun 1997026517.242.26$598
May 1997024918.972.31$575
Apr 1997031617.882.08$658
Mar 1997023618.951.94$458
Feb 1997022120.492.21$488
Jan 1997031323.483.54$1,108
Dec 1996026123.32$0
Nov 1996027521.97$0
Oct 1996034323.31$0
Sep 1996028622.22$0
Aug 1996034620.26$0
Jul 1996040619.55$0
Jun 1996035218.73$0
May 1996038919.43$0
Apr 1996033221.51$0
Mar 1996029919.38$0
Feb 1996028016.98$0
Jan 1996043117.07$0
Dec 1995031817.19$0
Nov 1995027616.00$0
Oct 1995026115.43$0
Sep 1995027216.18$0
Aug 1995033515.92$0
Jul 1995028315.24$0
Jun 1995030416.41$0
May 1995033717.56$0
Apr 1995030217.73$0
Mar 1995030716.44$0
Feb 1995028516.58$0
Jan 1995031015.92$0
Dec 1994029815.03$0
Nov 1994030715.90$0
Oct 1994033915.58$0
Sep 1994031815.29$0
Aug 1994030216.13$0
Jul 1994027317.56$0
Jun 1994037317.09$0
May 1994033015.88$0
Apr 1994029714.14$0
Mar 1994034812.46$0
Feb 1994035012.50$0
Jan 1994028312.66$0
Dec 1993035412.33$0
Nov 1993036014.49$0
Oct 1993037815.85$0
Sep 1993037115.03$0
Aug 1993039815.66$0
Jul 1993034615.46$0
Jun 1993038016.79$0
May 1993039817.68$0
Apr 1993042118.05$0
Mar 19931855718.14$327
Feb 1993050417.90$0
Jan 1993052416.93$0

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.

Jul 2003 — as filed, then multipliedworked
Condensate             0 bbl  × $ 29.41 =         $0
Gas                  170 Mcf  × $  5.17 =       $879

────────────────────────────────────────────────────
Month total                                     $879

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. 7B/G/123622 is the state's own key, not one this site invented.