DAVIS

Operated by SPINDLETOP OIL & GAS COMPANY (P-5 809930) in the X-RAY (MARBLE FALLS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 85233District 7BField 99140166NGPA filingCondensateGasSaveExport
Value, all time
$70 k
Jan 1993 – Sep 2015
Value, last 12 filed months
$0
at the published price for each month
Months reported
273
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 119 leases and 119 wells, and the rule below applies to all of them.

Discovered
1920-02-06
as the register files it
Field class
Gas
the register's own label
Between wells
933 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 1999-01-26.

The Commission's schedule remark for this field reads: DENSITY DOWN TO 40 ACRES W/DIAGONAL OF 2100 FT.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
CondensateDisposition14 bbl$235
GasProduction24,010 Mcf$69,270
Total$69,506

8,172 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 32.4000, -98.3197. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.39999, -98.31969 · 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
4,001 ft
1 wells filed one
Completion to plug
36.4 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 4,001 ft.

Completions filed
Apr 1979
1 of 1 wells
Plug dates filed
Sep 2015
1 of 1 wells

Last completion to plug: a median of 36.4 years across the 1 well that filed both dates, with the middle half between 36.4 years and 36.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-1433043814,001 ftApr 1979Sep 2015Yes

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 (273)

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

273 months

Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 201302197.423.78$79
Sep 201300104.113.72$0
Aug 2013016104.253.52$56
Jul 201300102.523.72$0
Jun 201301994.403.93$75
May 20130094.834.15$0
Apr 201301793.964.28$73
Mar 20130093.623.91$0
Feb 201301191.233.42$38
Jan 20130091.603.42$0
Dec 20120986.773.42$31
Nov 201201086.953.62$36
Oct 201201289.383.40$41
Sep 20120094.672.92$0
Aug 20120592.662.91$15
Jul 201201585.133.02$45
Jun 201201479.822.52$35
May 201201491.612.49$35
Apr 2012029101.652.00$58
Mar 2012036105.052.22$80
Feb 2012078101.102.57$200
Jan 201204598.092.73$123
Dec 201104696.873.24$149
Nov 201104995.723.31$162
Oct 201105484.983.65$197
Sep 201105583.623.99$219
Aug 201107083.404.15$290
Jul 201108194.144.52$366
Jun 201108592.904.64$394
May 201107698.134.40$335
Apr 2011068105.964.33$295
Mar 201107496.364.06$300
Feb 201107185.644.18$297
Jan 201107486.504.59$340
Dec 201006385.734.35$274
Nov 201006880.843.80$258
Oct 20100978.103.51$32
Sep 201001272.633.98$48
Aug 201002773.684.42$119
Jul 201003472.554.74$161
Jun 201007070.364.91$344
May 201007971.124.24$335
Apr 201009781.694.12$400
Mar 201006178.394.39$268
Feb 201005673.585.44$305
Jan 201009674.365.96$573
Dec 200909271.445.48$505
Nov 200903774.593.75$139
Oct 200906972.544.11$284
Sep 200901865.543.06$55
Aug 200901967.423.22$61
Jul 200906161.133.46$211
Jun 200907766.163.90$300
May 200906054.743.93$236
Apr 200907346.773.59$262
Mar 200907842.144.06$317
Feb 200907432.814.63$343
Jan 2009011035.865.37$591
Dec 200807137.105.98$424
Nov 2008013755.496.86$940
Oct 200806675.246.92$457
Sep 200808101.767.88$63
Aug 200803114.228.48$25
Jul 2008044131.0811.39$501
Jun 2008053131.3313.03$691
May 2008070123.1711.57$810
Apr 2008058110.3110.45$606
Mar 2008059101.909.66$570
Feb 200806292.538.77$544
Jan 200808690.388.21$706
Dec 20070788.337.30$51
Nov 20070691.677.29$44
Oct 200701882.856.92$125
Sep 200703275.846.24$200
Aug 200704269.066.39$268
Jul 200705070.906.39$319
Jun 200705962.007.55$445
May 200706158.747.85$479
Apr 200704259.617.81$328
Mar 200705656.927.30$409
Feb 200703955.108.22$320
Jan 200703250.306.73$215
Dec 200601756.656.92$118
Nov 200605154.207.62$388
Oct 200602854.906.01$168
Sep 200602660.085.04$131
Aug 200605968.717.34$433
Jul 200605969.376.34$374
Jun 200606566.286.38$415
May 200606566.016.42$418
Apr 200606164.397.36$449
Mar 200606456.707.08$453
Feb 200605657.597.75$434
Jan 200606260.598.93$554
Dec 200505454.9413.42$724
Nov 200505454.6910.59$572
Oct 200505158.3413.80$704
Sep 200504961.4512.08$592
Aug 200505361.519.80$519
Jul 200505755.697.84$447
Jun 200505552.337.38$406
May 200505645.226.65$372
Apr 200506049.207.36$442
Mar 200505950.377.15$422
Feb 200504445.226.31$278
Jan 200504743.166.32$297
Dec 200404439.866.75$297
Nov 200404745.286.33$298
Oct 200404849.706.52$313
Sep 200405143.245.28$269
Aug 2004010242.375.55$566
Jul 200406538.286.08$395
Jun 200407336.106.43$470
May 200406437.486.49$416
Apr 200406034.475.86$352
Mar 200408434.365.53$465
Feb 200409432.455.51$518
Jan 200406232.036.30$391
Dec 2003011930.266.30$750
Nov 200303128.804.60$142
Oct 20030428.174.76$19
Sep 20030126.314.75$5
Aug 20030329.765.13$15
Jul 200301729.415.17$88
Jun 200301028.565.98$60
May 200303426.595.97$203
Apr 200306726.675.41$362
Mar 200306231.146.10$378
Feb 20030033.487.93$0
Jan 2003013530.315.58$754
Dec 2002010326.914.85$500
Nov 200208924.664.14$368
Oct 2002010226.464.23$431
Sep 2002012327.443.64$447
Aug 2002012325.963.16$389
Jul 200203124.583.06$95
Jun 2002011323.733.34$377
May 2002011124.663.58$398
Apr 2002011923.653.51$418
Mar 200205922.003.10$183
Feb 200205618.222.38$133
Jan 200206817.172.38$162
Dec 200107716.932.36$182
Nov 2001026418.072.41$635
Oct 2001037519.782.53$948
Sep 2001023624.262.25$531
Aug 2001022024.873.05$672
Jul 2001030623.933.20$978
Jun 2001026724.563.82$1,021
May 2001018925.524.31$814
Apr 2001020224.685.34$1,078
Mar 2001020424.545.38$1,097
Feb 2001018927.755.77$1,090
Jan 2001022027.478.40$1,848
Dec 200009026.889.12$821
Nov 200009032.215.66$509
Oct 200009331.235.15$479
Sep 2000017331.875.19$897
Aug 2000017529.644.54$795
Jul 2000016528.534.09$675
Jun 200009629.304.40$422
May 2000019027.263.68$699
Apr 2000023724.513.12$738
Mar 200009328.422.86$266
Feb 200008727.622.73$237
Jan 200009225.272.48$228
Dec 199909224.282.42$223
Nov 199908823.192.43$214
Oct 1999010520.982.80$294
Sep 1999010721.752.62$280
Aug 1999011519.262.88$331
Jul 1999011517.892.37$273
Jun 1999010715.942.36$253
May 199909915.792.32$230
Apr 1999010115.102.21$223
Mar 199909712.471.84$178
Feb 19990889.981.82$160
Jan 1999010110.381.90$192
Dec 19980989.201.77$174
Nov 1998010910.892.19$238
Oct 1998012112.421.97$238
Sep 1998012012.592.08$250
Aug 1998012411.301.91$237
Jul 1998012511.742.24$280
Jun 1998012011.242.24$268
May 1998012412.622.21$274
Apr 1998012213.042.51$306
Mar 1998011512.802.31$266
Feb 1998011013.952.30$253
Jan 1998012214.702.15$263
Dec 1997012316.322.41$297
Nov 1997011918.193.09$368
Oct 1997012719.253.15$400
Sep 1997013217.742.95$390
Aug 1997012817.862.55$327
Jul 1997013217.582.25$297
Jun 1997013117.242.26$296
May 1997012418.972.31$286
Apr 1997012217.882.08$254
Mar 1997012418.951.94$240
Feb 1997011220.492.21$247
Jan 1997012823.483.54$453
Dec 1996013723.32$0
Nov 1996013421.97$0
Oct 1996016323.31$0
Sep 1996014922.22$0
Aug 1996015420.26$0
Jul 1996015619.55$0
Jun 1996014918.73$0
May 1996014919.43$0
Apr 1996014821.51$0
Mar 1996014819.38$0
Feb 1996013816.98$0
Jan 1996014817.07$0
Dec 1995015117.19$0
Nov 1995014516.00$0
Oct 1995015515.43$0
Sep 1995015816.18$0
Aug 1995014115.92$0
Jul 1995014815.24$0
Jun 1995015816.41$0
May 1995017217.56$0
Apr 1995017717.73$0
Mar 1995017216.44$0
Feb 1995015516.58$0
Jan 1995017515.92$0
Dec 1994018315.03$0
Nov 1994018415.90$0
Oct 1994021515.58$0
Sep 1994024515.29$0
Aug 1994016516.13$0
Jul 199407417.56$0
Jun 1994010617.09$0
May 1994019815.88$0
Apr 1994018314.14$0
Mar 1994019312.46$0
Feb 1994016612.50$0
Jan 1994017912.66$0
Dec 1993018212.33$0
Nov 1993017814.49$0
Oct 1993018615.85$0
Sep 1993019115.03$0
Aug 1993219015.66$31
Jul 1993321915.46$46
Jun 1993322216.79$50
May 1993321117.68$53
Apr 1993320618.05$54
Mar 1993020318.14$0
Feb 1993019317.90$0
Jan 1993022016.93$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.

Oct 2013 — as filed, then multipliedworked
Condensate             0 bbl  × $ 97.42 =         $0
Gas                   21 Mcf  × $  3.78 =        $79

────────────────────────────────────────────────────
Month total                                      $79

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/85233 is the state's own key, not one this site invented.