SPEER

Name: SPEER lease production and value, Aug 2002 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by RAINBOW SEVEN OIL & GAS, INC. (P-5 688706) in the STEPHENS COUNTY REGULAR (GAS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 192372District 7BField 85948100CondensateGasSave Export

Value, all time

$894 k

Aug 2002 – Oct 2020

Value, last 12 filed months

$233

at the published price for each month

Months reported

219

no gaps in the span

Streams

condensate, gas

The STEPHENS COUNTY REGULAR (GAS) field

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 635 leases and 635 wells, and the rule below applies to all of them.

Discovered

1943-12-02

as the register files it

Field class

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: “FIELD CHANGED FROM EXEMPT TO PRORATED EFFECTIVE 07/01/22.”

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.

Stream	Basis	Volume	Value
Condensate	Disposition	461 bbl	$20,511
Gas	Production	154,895 Mcf	$873,763
Total			$894,274

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 32.6479, -98.7147. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.64788, -98.71465 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

4,550 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 4,550 ft.

Completions filed

Oct 2020

1 of 1 wells

1 well


42-42935970	3	4,550 ft	Oct 2020	—	Yes

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 (219)

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

219 months


Oct 2020	0	0	36.97	2.48	$0
Sep 2020	0	117	37.09	1.99	$233
Aug 2020	0	0	39.98	2.39	$0
Jul 2020	0	0	38.37	1.83	$0
Jun 2020	0	0	34.90	1.69	$0
May 2020	0	0	16.92	1.81	$0
Apr 2020	0	0	14.75	1.80	$0
Mar 2020	0	0	30.34	1.86	$0
Feb 2020	0	0	49.88	1.98	$0
Jan 2020	0	0	57.25	2.09	$0
Dec 2019	0	0	59.01	2.30	$0
Nov 2019	0	0	55.30	2.75	$0
Oct 2019	0	0	53.47	2.42	$0
Sep 2019	0	0	55.05	2.66	$0
Aug 2019	0	0	53.11	2.30	$0
Jul 2019	0	0	56.27	2.46	$0
Jun 2019	0	0	52.78	2.49	$0
May 2019	0	0	58.48	2.74	$0
Apr 2019	0	0	62.63	2.75	$0
Mar 2019	0	0	56.80	3.06	$0
Feb 2019	0	1	50.85	2.79	$3
Jan 2019	0	1	46.03	3.23	$3
Dec 2018	0	1	46.59	4.19	$4
Nov 2018	0	1	52.93	4.24	$4
Oct 2018	0	1	61.44	3.40	$3
Sep 2018	0	118	59.54	3.11	$367
Aug 2018	0	104	59.40	3.07	$319
Jul 2018	0	75	65.14	2.93	$220
Jun 2018	0	98	60.18	3.08	$302
May 2018	0	241	65.38	2.90	$699
Apr 2018	0	221	63.84	2.90	$641
Mar 2018	0	216	61.22	2.79	$602
Feb 2018	0	202	61.78	2.77	$559
Jan 2018	0	196	62.87	4.01	$786
Dec 2017	0	202	57.27	2.92	$590
Nov 2017	0	219	55.42	3.12	$683
Oct 2017	0	325	49.29	2.98	$970
Sep 2017	0	345	47.52	3.09	$1,065
Aug 2017	0	405	45.37	3.00	$1,217
Jul 2017	0	319	43.87	3.09	$985
Jun 2017	0	306	42.49	3.09	$945
May 2017	0	317	45.37	3.26	$1,035
Apr 2017	0	290	47.93	3.21	$931
Mar 2017	0	306	46.77	2.98	$913
Feb 2017	0	297	50.45	2.95	$877
Jan 2017	0	416	49.41	3.42	$1,422
Dec 2016	0	0	48.76	3.72	$0
Nov 2016	0	0	42.49	2.64	$0
Oct 2016	0	262	46.19	3.09	$810
Sep 2016	0	0	41.55	3.10	$0
Aug 2016	0	0	41.44	2.92	$0
Jul 2016	0	166	41.62	2.92	$485
Jun 2016	0	179	45.35	2.69	$481
May 2016	0	0	42.52	1.99	$0
Apr 2016	0	0	36.56	1.99	$0
Mar 2016	0	0	33.01	1.79	$0
Feb 2016	0	0	26.47	2.06	$0
Jan 2016	0	0	27.35	2.36	$0
Dec 2015	0	0	32.36	2.00	$0
Nov 2015	0	479	38.79	2.17	$1,038
Oct 2015	0	372	43.55	2.43	$903
Sep 2015	0	380	42.99	2.76	$1,048
Aug 2015	0	417	40.16	2.87	$1,198
Jul 2015	0	345	48.15	2.95	$1,016
Jun 2015	0	454	56.15	2.88	$1,309
May 2015	0	509	55.21	2.96	$1,504
Apr 2015	0	603	49.82	2.71	$1,632
Mar 2015	0	563	42.89	2.93	$1,652
Feb 2015	0	543	44.66	2.98	$1,616
Jan 2015	0	524	43.43	3.10	$1,625
Dec 2014	0	482	54.69	3.59	$1,731
Nov 2014	0	479	70.46	4.25	$2,037
Oct 2014	0	575	78.30	3.90	$2,243
Sep 2014	0	575	86.16	4.05	$2,326
Aug 2014	0	627	89.39	4.04	$2,530
Jul 2014	0	608	96.56	4.18	$2,541
Jun 2014	0	620	98.16	4.74	$2,937
May 2014	0	625	94.73	4.73	$2,954
Apr 2014	0	604	95.94	4.81	$2,905
Mar 2014	0	714	95.89	5.06	$3,611
Feb 2014	0	671	97.40	6.19	$4,155
Jan 2014	0	652	90.40	4.86	$3,169
Dec 2013	0	266	91.82	4.35	$1,158
Nov 2013	0	257	88.85	3.74	$961
Oct 2013	0	294	97.42	3.78	$1,111
Sep 2013	0	299	104.11	3.72	$1,112
Aug 2013	0	308	104.25	3.52	$1,085
Jul 2013	0	323	102.52	3.72	$1,201
Jun 2013	0	334	94.40	3.93	$1,314
May 2013	0	338	94.83	4.15	$1,402
Apr 2013	0	317	93.96	4.28	$1,358
Mar 2013	0	321	93.62	3.91	$1,256
Feb 2013	0	351	91.23	3.42	$1,200
Jan 2013	0	777	91.60	3.42	$2,657
Dec 2012	0	415	86.77	3.42	$1,419
Nov 2012	0	424	86.95	3.62	$1,537
Oct 2012	0	450	89.38	3.40	$1,530
Sep 2012	0	543	94.67	2.92	$1,585
Aug 2012	0	520	92.66	2.91	$1,512
Jul 2012	0	538	85.13	3.02	$1,625
Jun 2012	0	454	79.82	2.52	$1,144
May 2012	0	606	91.61	2.49	$1,508
Apr 2012	0	603	101.65	2.00	$1,204
Mar 2012	0	656	105.05	2.22	$1,458
Feb 2012	0	632	101.10	2.57	$1,624
Jan 2012	0	734	98.09	2.73	$2,007
Dec 2011	0	769	96.87	3.24	$2,491
Nov 2011	0	681	95.72	3.31	$2,255
Oct 2011	0	699	84.98	3.65	$2,550
Sep 2011	0	737	83.62	3.99	$2,938
Aug 2011	52	807	83.40	4.15	$7,685
Jul 2011	0	853	94.14	4.52	$3,853
Jun 2011	0	901	92.90	4.64	$4,181
May 2011	0	1,084	98.13	4.40	$4,775
Apr 2011	0	1,106	105.96	4.33	$4,793
Mar 2011	0	817	96.36	4.06	$3,315
Feb 2011	0	704	85.64	4.18	$2,943
Jan 2011	0	860	86.50	4.59	$3,946
Dec 2010	0	824	85.73	4.35	$3,583
Nov 2010	0	895	80.84	3.80	$3,397
Oct 2010	0	978	78.10	3.51	$3,432
Sep 2010	0	842	72.63	3.98	$3,351
Aug 2010	0	934	73.68	4.42	$4,128
Jul 2010	0	840	72.55	4.74	$3,979
Jun 2010	0	935	70.36	4.91	$4,591
May 2010	0	1,097	71.12	4.24	$4,646
Apr 2010	0	1,026	81.69	4.12	$4,230
Mar 2010	0	1,063	78.39	4.39	$4,665
Feb 2010	0	1,075	73.58	5.44	$5,851
Jan 2010	0	1,204	74.36	5.96	$7,181
Dec 2009	0	1,054	71.44	5.48	$5,780
Nov 2009	0	1,115	74.59	3.75	$4,183
Oct 2009	0	1,115	72.54	4.11	$4,583
Sep 2009	0	1,095	65.54	3.06	$3,356
Aug 2009	0	1,075	67.42	3.22	$3,460
Jul 2009	0	1,154	61.13	3.46	$3,998
Jun 2009	0	1,085	66.16	3.90	$4,226
May 2009	0	1,132	54.74	3.93	$4,444
Apr 2009	0	1,303	46.77	3.59	$4,675
Mar 2009	0	989	42.14	4.06	$4,014
Feb 2009	0	929	32.81	4.63	$4,304
Jan 2009	0	892	35.86	5.37	$4,791
Dec 2008	0	1,032	37.10	5.98	$6,168
Nov 2008	0	1,110	55.49	6.86	$7,615
Oct 2008	0	1,200	75.24	6.92	$8,306
Sep 2008	0	938	101.76	7.88	$7,389
Aug 2008	0	1,064	114.22	8.48	$9,026
Jul 2008	0	1,030	131.08	11.39	$11,731
Jun 2008	0	1,016	131.33	13.03	$13,241
May 2008	0	1,248	123.17	11.57	$14,445
Apr 2008	0	1,226	110.31	10.45	$12,818
Mar 2008	0	1,236	101.90	9.66	$11,945
Feb 2008	0	1,250	92.53	8.77	$10,963
Jan 2008	0	1,063	90.38	8.21	$8,723
Dec 2007	27	1,221	88.33	7.30	$11,301
Nov 2007	0	1,409	91.67	7.29	$10,274
Oct 2007	0	1,404	82.85	6.92	$9,718
Sep 2007	0	1,393	75.84	6.24	$8,698
Aug 2007	0	1,684	69.06	6.39	$10,757
Jul 2007	0	1,517	70.90	6.39	$9,691
Jun 2007	0	1,570	62.00	7.55	$11,851
May 2007	0	450	58.74	7.85	$3,531
Apr 2007	0	1,046	59.61	7.81	$8,164
Mar 2007	0	1,247	56.92	7.30	$9,106
Feb 2007	0	364	55.10	8.22	$2,991
Jan 2007	0	616	50.30	6.73	$4,144
Dec 2006	0	393	56.65	6.92	$2,719
Nov 2006	0	354	54.20	7.62	$2,697
Oct 2006	0	724	54.90	6.01	$4,354
Sep 2006	0	791	60.08	5.04	$3,984
Aug 2006	0	722	68.71	7.34	$5,299
Jul 2006	0	451	69.37	6.34	$2,861
Jun 2006	0	556	66.28	6.38	$3,549
May 2006	0	402	66.01	6.42	$2,583
Apr 2006	0	464	64.39	7.36	$3,415
Mar 2006	0	643	56.70	7.08	$4,554
Feb 2006	0	440	57.59	7.75	$3,410
Jan 2006	0	608	60.59	8.93	$5,431
Dec 2005	0	864	54.94	13.42	$11,591
Nov 2005	0	615	54.69	10.59	$6,512
Oct 2005	0	931	58.34	13.80	$12,844
Sep 2005	0	516	61.45	12.08	$6,233
Aug 2005	0	820	61.51	9.80	$8,033
Jul 2005	0	1,474	55.69	7.84	$11,562
Jun 2005	131	1,293	52.33	7.38	$16,399
May 2005	0	1,362	45.22	6.65	$9,059
Apr 2005	0	1,116	49.20	7.36	$8,214
Mar 2005	0	728	50.37	7.15	$5,209
Feb 2005	0	858	45.22	6.31	$5,416
Jan 2005	0	1,028	43.16	6.32	$6,499
Dec 2004	0	1,612	39.86	6.75	$10,883
Nov 2004	0	1,182	45.28	6.33	$7,483
Oct 2004	0	1,076	49.70	6.52	$7,010
Sep 2004	0	1,353	43.24	5.28	$7,149
Aug 2004	0	1,116	42.37	5.55	$6,195
Jul 2004	0	1,514	38.28	6.08	$9,211
Jun 2004	0	1,182	36.10	6.43	$7,604
May 2004	0	1,502	37.48	6.49	$9,755
Apr 2004	0	1,186	34.47	5.86	$6,948
Mar 2004	0	1,555	34.36	5.53	$8,599
Feb 2004	0	1,458	32.45	5.51	$8,033
Jan 2004	0	1,625	32.03	6.30	$10,237
Dec 2003	0	1,737	30.26	6.30	$10,946
Nov 2003	0	1,737	28.80	4.60	$7,982
Oct 2003	160	1,628	28.17	4.76	$12,256
Sep 2003	0	1,891	26.31	4.75	$8,981
Aug 2003	0	1,803	29.76	5.13	$9,249
Jul 2003	0	1,850	29.41	5.17	$9,566
Jun 2003	0	2,263	28.56	5.98	$13,539
May 2003	0	3,138	26.59	5.97	$18,742
Apr 2003	91	3,393	26.67	5.41	$20,774
Mar 2003	0	3,128	31.14	6.10	$19,068
Feb 2003	0	1,633	33.48	7.93	$12,943
Jan 2003	0	2,244	30.31	5.58	$12,526
Dec 2002	0	2,230	26.91	4.85	$10,824
Nov 2002	0	575	24.66	4.14	$2,379
Oct 2002	0	0	26.46	4.23	$0
Sep 2002	0	0	27.44	3.64	$0
Aug 2002	0	0	25.96	3.16	$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.

Sep 2020 — as filed, then multipliedworked

Condensate             0 bbl  × $ 37.09 =         $0
Gas                  117 Mcf  × $  1.99 =       $233

────────────────────────────────────────────────────
Month total                                     $233

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/192372 is the state's own key, not one this site invented.