ORINGDERFF

Operated by S.B. STREET OPERATING, INC. (P-5 740251) in the SAXON-GUION (MORRIS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 14263District 7BField 81318800OilCasinghead gasSaveExport
Value, all time
$83 k
Jan 1993 – Mar 2006
Value, last 12 filed months
$890
at the published price for each month
Months reported
159
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 11 leases and 14 wells, and the rule below applies to all of them.

Discovered
1951-05-28
as the register files it
Field class
Oil
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 20 acres. The field rule took effect on 1989-01-01.

The Commission's schedule remark for this field reads: EFF. 1/1/89 PER DKT#7B-92482.

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
OilDisposition4,503 bbl$79,019
Casinghead gasProduction9,397 Mcf$3,798
Total$82,818

7,926 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 32.1385, -99.8169. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

32.13849, -99.81691 · 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%
2 of 2 wells
With a plug date
100.0%
2 of 2 wells
Median depth
4,183 ft
2 wells filed one
Completion to plug
22.1 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
2100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
2100.0%
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 3,916 and 4,450 ft, median 4,183 ft, over the 2 wells that filed a depth.

Completions filed
Apr 1978 – Feb 1988
2 of 2 wells
Plug dates filed
Apr 2005
2 of 2 wells

Last completion to plug: a median of 22.1 years across the 2 wells that filed both dates, with the middle half between 19.7 years and 24.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-4413327624,450 ftFeb 1988Apr 2005Yes
42-4413045113,916 ftApr 1978Apr 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 (159)

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

159 months

Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 200517052.337.38$890
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 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 2001129019.782.53$2,552
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000132.215.66$6
Oct 20000131.235.15$5
Sep 20000031.875.19$0
Aug 2000163029.644.54$4,831
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 2000103025.272.48$2,603
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 1999165019.262.88$3,178
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 1999173012.471.84$2,157
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 1998170012.622.21$2,145
Apr 19980013.042.51$0
Mar 19980012.802.31$0
Feb 199807613.952.30$175
Jan 1998010114.702.15$218
Dec 19971779216.322.41$3,110
Nov 1997011718.193.09$361
Oct 1997011919.253.15$375
Sep 1997015317.742.95$452
Aug 1997013017.862.55$332
Jul 19971766917.582.25$3,249
Jun 199706617.242.26$149
May 1997011018.972.31$254
Apr 1997010317.882.08$215
Mar 199717412318.951.94$3,536
Feb 199707620.492.21$168
Jan 1997013423.483.54$474
Dec 1996012723.32$0
Nov 19961618921.97$3,537
Oct 199609523.31$0
Sep 1996012722.22$0
Aug 1996012320.26$0
Jul 199617413719.55$3,402
Jun 1996015518.73$0
May 1996015719.43$0
Apr 199617213721.51$3,700
Mar 1996013119.38$0
Feb 1996012916.98$0
Jan 199617213517.07$2,936
Dec 1995013517.19$0
Nov 1995013316.00$0
Oct 199516215615.43$2,500
Sep 1995012416.18$0
Aug 1995015715.92$0
Jul 1995017115.24$0
Jun 199517317816.41$2,839
May 1995015717.56$0
Apr 199517515917.73$3,103
Mar 1995015516.44$0
Feb 1995013716.58$0
Jan 199516714515.92$2,659
Dec 1994014215.03$0
Nov 1994015515.90$0
Oct 199417717515.58$2,758
Sep 1994019115.29$0
Aug 199416219716.13$2,613
Jul 1994019717.56$0
Jun 1994018017.09$0
May 199417218915.88$2,731
Apr 1994018814.14$0
Mar 199416719212.46$2,081
Feb 1994016812.50$0
Jan 199417319212.66$2,190
Dec 1993018412.33$0
Nov 1993018614.49$0
Oct 199316421115.85$2,599
Sep 1993019815.03$0
Aug 1993021115.66$0
Jul 199317520715.46$2,706
Jun 1993023716.79$0
May 1993016317.68$0
Apr 199316723418.05$3,014
Mar 199317317418.14$3,138
Feb 1993019217.90$0
Jan 199317021416.93$2,878

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.

Jun 2005 — as filed, then multipliedworked
Oil                   17 bbl  × $ 52.33 =       $890
Casinghead gas         0 Mcf  × $  7.38 =         $0

────────────────────────────────────────────────────
Month total                                     $890

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/14263 is the state's own key, not one this site invented.