WALLACE

Name: WALLACE lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by HESS, JERRY OPERATING CO. (P-5 381740) in the SITTERLE (3800) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 13618District 7BField 83795500OilCasinghead gasSave Export

Value, all time

$164 k

Jan 1993 – Sep 2006

Value, last 12 filed months

$18 k

at the published price for each month

Months reported

165

no gaps in the span

Streams

oil, casinghead gas

The SITTERLE (3800) 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 6 leases and 7 wells, and the rule below applies to all of them.

Discovered

1977-05-04

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: “FIELD TYPE CHANGED TO EXEMPT EFFECTIVE 08/01/06.”

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
Oil	Disposition	2,596 bbl	$55,183
Casinghead gas	Production	43,181 Mcf	$109,313
Total			$164,496

16,847 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 (2)

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 32.4834, -99.0461. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

32.48342, -99.04611 · 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%

2 of 2 wells

With a plug date

50.0%

1 of 2 wells

Median depth

4,027 ft

2 wells filed one

Completion to plug

—

no well filed both dates

What the state filed about each well

On the RRC proration schedule

2100.0%

A plug date is filed

150.0%

BothOn the schedule and plugged. Neither fact cancels the other.

150.0%

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

Between 3,933 and 4,120 ft, median 4,027 ft, over the 2 wells that filed a depth.

Completions filed

Jun 2006

1 of 2 wells; 1 filed none

Plug dates filed

Apr 1980

1 of 2 wells; 1 filed none

2 wells


42-13330700	1	4,120 ft	—	Apr 1980	Yes
42-13331469	4	3,933 ft	Jun 2006	—	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 (165)

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

165 months


Sep 2006	0	0	60.08	5.04	$0
Aug 2006	0	0	68.71	7.34	$0
Jul 2006	97	0	69.37	6.34	$6,729
Jun 2006	0	0	66.28	6.38	$0
May 2006	0	1	66.01	6.42	$6
Apr 2006	0	77	64.39	7.36	$567
Mar 2006	0	264	56.70	7.08	$1,870
Feb 2006	0	110	57.59	7.75	$853
Jan 2006	0	133	60.59	8.93	$1,188
Dec 2005	0	168	54.94	13.42	$2,254
Nov 2005	0	184	54.69	10.59	$1,948
Oct 2005	0	220	58.34	13.80	$3,035
Sep 2005	0	128	61.45	12.08	$1,546
Aug 2005	0	129	61.51	9.80	$1,264
Jul 2005	0	184	55.69	7.84	$1,443
Jun 2005	0	216	52.33	7.38	$1,594
May 2005	0	203	45.22	6.65	$1,350
Apr 2005	0	183	49.20	7.36	$1,347
Mar 2005	0	115	50.37	7.15	$823
Feb 2005	0	177	45.22	6.31	$1,117
Jan 2005	0	227	43.16	6.32	$1,435
Dec 2004	0	128	39.86	6.75	$864
Nov 2004	0	62	45.28	6.33	$392
Oct 2004	0	128	49.70	6.52	$834
Sep 2004	0	138	43.24	5.28	$729
Aug 2004	0	113	42.37	5.55	$627
Jul 2004	0	204	38.28	6.08	$1,241
Jun 2004	0	236	36.10	6.43	$1,518
May 2004	0	207	37.48	6.49	$1,344
Apr 2004	0	176	34.47	5.86	$1,031
Mar 2004	0	337	34.36	5.53	$1,864
Feb 2004	80	269	32.45	5.51	$4,078
Jan 2004	0	301	32.03	6.30	$1,896
Dec 2003	0	271	30.26	6.30	$1,708
Nov 2003	108	425	28.80	4.60	$5,063
Oct 2003	0	167	28.17	4.76	$795
Sep 2003	0	162	26.31	4.75	$769
Aug 2003	0	63	29.76	5.13	$323
Jul 2003	0	68	29.41	5.17	$352
Jun 2003	0	74	28.56	5.98	$443
May 2003	0	65	26.59	5.97	$388
Apr 2003	0	123	26.67	5.41	$665
Mar 2003	0	177	31.14	6.10	$1,079
Feb 2003	0	436	33.48	7.93	$3,456
Jan 2003	0	237	30.31	5.58	$1,323
Dec 2002	0	207	26.91	4.85	$1,005
Nov 2002	0	168	24.66	4.14	$695
Oct 2002	0	119	26.46	4.23	$503
Sep 2002	0	186	27.44	3.64	$676
Aug 2002	0	164	25.96	3.16	$519
Jul 2002	0	0	24.58	3.06	$0
Jun 2002	0	104	23.73	3.34	$347
May 2002	0	263	24.66	3.58	$943
Apr 2002	51	317	23.65	3.51	$2,320
Mar 2002	0	318	22.00	3.10	$987
Feb 2002	91	325	18.22	2.38	$2,430
Jan 2002	0	305	17.17	2.38	$725
Dec 2001	0	330	16.93	2.36	$780
Nov 2001	0	104	18.07	2.41	$250
Oct 2001	98	342	19.78	2.53	$2,803
Sep 2001	0	274	24.26	2.25	$617
Aug 2001	0	226	24.87	3.05	$690
Jul 2001	0	248	23.93	3.20	$793
Jun 2001	0	311	24.56	3.82	$1,189
May 2001	88	172	25.52	4.31	$2,987
Apr 2001	0	254	24.68	5.34	$1,355
Mar 2001	0	240	24.54	5.38	$1,290
Feb 2001	0	143	27.75	5.77	$825
Jan 2001	0	186	27.47	8.40	$1,562
Dec 2000	0	324	26.88	9.12	$2,956
Nov 2000	93	330	32.21	5.66	$4,863
Oct 2000	0	295	31.23	5.15	$1,518
Sep 2000	0	227	31.87	5.19	$1,177
Aug 2000	0	253	29.64	4.54	$1,149
Jul 2000	28	262	28.53	4.09	$1,870
Jun 2000	68	265	29.30	4.40	$3,158
May 2000	0	231	27.26	3.68	$850
Apr 2000	0	274	24.51	3.12	$854
Mar 2000	0	265	28.42	2.86	$758
Feb 2000	0	235	27.62	2.73	$641
Jan 2000	56	318	25.27	2.48	$2,204
Dec 1999	0	161	24.28	2.42	$390
Nov 1999	0	189	23.19	2.43	$460
Oct 1999	0	204	20.98	2.80	$572
Sep 1999	0	219	21.75	2.62	$574
Aug 1999	101	309	19.26	2.88	$2,834
Jul 1999	0	225	17.89	2.37	$534
Jun 1999	0	281	15.94	2.36	$664
May 1999	0	265	15.79	2.32	$615
Apr 1999	0	226	15.10	2.21	$499
Mar 1999	0	295	12.47	1.84	$542
Feb 1999	126	206	9.98	1.82	$1,632
Jan 1999	0	331	10.38	1.90	$629
Dec 1998	0	268	9.20	1.77	$475
Nov 1998	0	259	10.89	2.19	$566
Oct 1998	0	296	12.42	1.97	$583
Sep 1998	0	259	12.59	2.08	$539
Aug 1998	0	309	11.30	1.91	$589
Jul 1998	0	255	11.74	2.24	$571
Jun 1998	0	198	11.24	2.24	$443
May 1998	46	369	12.62	2.21	$1,395
Apr 1998	0	283	13.04	2.51	$709
Mar 1998	87	365	12.80	2.31	$1,957
Feb 1998	0	257	13.95	2.30	$591
Jan 1998	0	335	14.70	2.15	$722
Dec 1997	128	326	16.32	2.41	$2,875
Nov 1997	0	326	18.19	3.09	$1,007
Oct 1997	0	350	19.25	3.15	$1,102
Sep 1997	0	337	17.74	2.95	$996
Aug 1997	0	347	17.86	2.55	$886
Jul 1997	80	412	17.58	2.25	$2,332
Jun 1997	0	334	17.24	2.26	$754
May 1997	0	266	18.97	2.31	$614
Apr 1997	0	379	17.88	2.08	$789
Mar 1997	103	394	18.95	1.94	$2,716
Feb 1997	0	357	20.49	2.21	$788
Jan 1997	0	271	23.48	3.54	$959
Dec 1996	66	343	23.32	—	$1,539
Nov 1996	0	364	21.97	—	$0
Oct 1996	91	328	23.31	—	$2,121
Sep 1996	0	402	22.22	—	$0
Aug 1996	0	379	20.26	—	$0
Jul 1996	0	366	19.55	—	$0
Jun 1996	0	159	18.73	—	$0
May 1996	0	127	19.43	—	$0
Apr 1996	48	127	21.51	—	$1,032
Mar 1996	0	268	19.38	—	$0
Feb 1996	0	326	16.98	—	$0
Jan 1996	94	352	17.07	—	$1,605
Dec 1995	0	334	17.19	—	$0
Nov 1995	0	372	16.00	—	$0
Oct 1995	0	307	15.43	—	$0
Sep 1995	89	324	16.18	—	$1,440
Aug 1995	0	387	15.92	—	$0
Jul 1995	0	350	15.24	—	$0
Jun 1995	0	317	16.41	—	$0
May 1995	0	339	17.56	—	$0
Apr 1995	64	360	17.73	—	$1,135
Mar 1995	0	378	16.44	—	$0
Feb 1995	0	302	16.58	—	$0
Jan 1995	90	455	15.92	—	$1,433
Dec 1994	0	439	15.03	—	$0
Nov 1994	122	364	15.90	—	$1,940
Oct 1994	0	374	15.58	—	$0
Sep 1994	0	335	15.29	—	$0
Aug 1994	0	448	16.13	—	$0
Jul 1994	0	352	17.56	—	$0
Jun 1994	74	458	17.09	—	$1,265
May 1994	0	350	15.88	—	$0
Apr 1994	0	399	14.14	—	$0
Mar 1994	162	416	12.46	—	$2,019
Feb 1994	0	407	12.50	—	$0
Jan 1994	0	409	12.66	—	$0
Dec 1993	0	377	12.33	—	$0
Nov 1993	0	317	14.49	—	$0
Oct 1993	0	382	15.85	—	$0
Sep 1993	130	408	15.03	—	$1,954
Aug 1993	0	458	15.66	—	$0
Jul 1993	0	491	15.46	—	$0
Jun 1993	0	702	16.79	—	$0
May 1993	0	467	17.68	—	$0
Apr 1993	0	172	18.05	—	$0
Mar 1993	37	115	18.14	—	$671
Feb 1993	0	196	17.90	—	$0
Jan 1993	0	245	16.93	—	$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 2006 — as filed, then multipliedworked

Oil                   97 bbl  × $ 69.37 =     $6,729
Casinghead gas         0 Mcf  × $  6.34 =         $0

────────────────────────────────────────────────────
Month total                                   $6,729

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/O/13618 is the state's own key, not one this site invented.