RHOADES

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

Operated by ENCANA OIL & GAS(USA) INC. (P-5 251691) in the CARTERVILLE (STRAWN, UPPER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 15408District 7BField 16023450OilCasinghead gasSave Export

Value, all time

$478 k

Jan 1993 – Jul 2007

Value, last 12 filed months

$11 k

at the published price for each month

Months reported

175

no gaps in the span

Streams

oil, casinghead gas

The CARTERVILLE (STRAWN, UPPER) 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 8 leases and 9 wells, and the rule below applies to all of them.

Discovered

1974-08-01

as the register files it

Field class

Oil and gas

the register's own label

Between wells

1,200 ft

minimum

From a lease line

467 ft

minimum

A drilling unit in this field needs at least 80 acres.

The Commission's schedule remark for this field reads: “GREATER THAN 250 PER DAY LISTING.”

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	11,954 bbl	$225,068
Casinghead gas	Production	111,512 Mcf	$252,729
Total			$477,797

52,272 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 32.9953, -97.7144. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

32.99531, -97.71437 · 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

3,859 ft

2 wells filed one

Completion to plug

20.6 years

median over 1 well

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 3,717 and 4,000 ft, median 3,859 ft, over the 2 wells that filed a depth.

Completions filed

Jun 1985 – Aug 1985

2 of 2 wells

Plug dates filed

Mar 2006

1 of 2 wells; 1 filed none

Last completion to plug: a median of 20.6 years across the 1 well that filed both dates, with the middle half between 20.6 years and 20.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells


42-36731463	2 C	4,000 ft	Aug 1985	Mar 2006	Yes
42-36732913	3	3,717 ft	Jun 1985	—	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 (175)

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

175 months


Jul 2007	0	0	70.90	6.39	$0
Jun 2007	0	0	62.00	7.55	$0
May 2007	104	0	58.74	7.85	$6,109
Apr 2007	0	0	59.61	7.81	$0
Mar 2007	0	0	56.92	7.30	$0
Feb 2007	0	0	55.10	8.22	$0
Jan 2007	0	0	50.30	6.73	$0
Dec 2006	0	0	56.65	6.92	$0
Nov 2006	0	0	54.20	7.62	$0
Oct 2006	0	0	54.90	6.01	$0
Sep 2006	0	0	60.08	5.04	$0
Aug 2006	0	713	68.71	7.34	$5,233
Jul 2006	0	977	69.37	6.34	$6,197
Jun 2006	0	967	66.28	6.38	$6,173
May 2006	0	613	66.01	6.42	$3,939
Apr 2006	0	0	64.39	7.36	$0
Mar 2006	0	0	56.70	7.08	$0
Feb 2006	0	4	57.59	7.75	$31
Jan 2006	0	0	60.59	8.93	$0
Dec 2005	0	0	54.94	13.42	$0
Nov 2005	4	373	54.69	10.59	$4,168
Oct 2005	1	527	58.34	13.80	$7,329
Sep 2005	1	456	61.45	12.08	$5,569
Aug 2005	1	354	61.51	9.80	$3,530
Jul 2005	1	517	55.69	7.84	$4,111
Jun 2005	1	523	52.33	7.38	$3,913
May 2005	1	685	45.22	6.65	$4,601
Apr 2005	1	146	49.20	7.36	$1,124
Mar 2005	1	527	50.37	7.15	$3,821
Feb 2005	1	881	45.22	6.31	$5,606
Jan 2005	1	326	43.16	6.32	$2,104
Dec 2004	0	0	39.86	6.75	$0
Nov 2004	0	0	45.28	6.33	$0
Oct 2004	0	0	49.70	6.52	$0
Sep 2004	0	0	43.24	5.28	$0
Aug 2004	1	37	42.37	5.55	$248
Jul 2004	1	768	38.28	6.08	$4,711
Jun 2004	0	0	36.10	6.43	$0
May 2004	1	1,450	37.48	6.49	$9,455
Apr 2004	1	294	34.47	5.86	$1,757
Mar 2004	1	395	34.36	5.53	$2,219
Feb 2004	1	412	32.45	5.51	$2,302
Jan 2004	1	481	32.03	6.30	$3,062
Dec 2003	1	559	30.26	6.30	$3,553
Nov 2003	1	449	28.80	4.60	$2,092
Oct 2003	91	474	28.17	4.76	$4,820
Sep 2003	0	479	26.31	4.75	$2,275
Aug 2003	0	526	29.76	5.13	$2,698
Jul 2003	50	562	29.41	5.17	$4,377
Jun 2003	113	523	28.56	5.98	$6,356
May 2003	0	528	26.59	5.97	$3,154
Apr 2003	0	527	26.67	5.41	$2,850
Mar 2003	63	528	31.14	6.10	$5,181
Feb 2003	0	571	33.48	7.93	$4,526
Jan 2003	80	497	30.31	5.58	$5,199
Dec 2002	0	504	26.91	4.85	$2,446
Nov 2002	114	491	24.66	4.14	$4,842
Oct 2002	0	593	26.46	4.23	$2,508
Sep 2002	0	535	27.44	3.64	$1,945
Aug 2002	0	605	25.96	3.16	$1,914
Jul 2002	0	491	24.58	3.06	$1,503
Jun 2002	0	504	23.73	3.34	$1,682
May 2002	0	535	24.66	3.58	$1,917
Apr 2002	151	470	23.65	3.51	$5,222
Mar 2002	0	328	22.00	3.10	$1,018
Feb 2002	0	442	18.22	2.38	$1,050
Jan 2002	0	621	17.17	2.38	$1,475
Dec 2001	54	616	16.93	2.36	$2,371
Nov 2001	0	399	18.07	2.41	$960
Oct 2001	68	554	19.78	2.53	$2,746
Sep 2001	0	542	24.26	2.25	$1,220
Aug 2001	0	612	24.87	3.05	$1,869
Jul 2001	91	614	23.93	3.20	$4,141
Jun 2001	0	626	24.56	3.82	$2,394
May 2001	0	595	25.52	4.31	$2,563
Apr 2001	119	521	24.68	5.34	$5,717
Mar 2001	0	500	24.54	5.38	$2,688
Feb 2001	0	433	27.75	5.77	$2,497
Jan 2001	249	452	27.47	8.40	$10,636
Dec 2000	0	544	26.88	9.12	$4,963
Nov 2000	0	472	32.21	5.66	$2,671
Oct 2000	0	593	31.23	5.15	$3,051
Sep 2000	91	597	31.87	5.19	$5,997
Aug 2000	72	651	29.64	4.54	$5,090
Jul 2000	0	592	28.53	4.09	$2,421
Jun 2000	106	547	29.30	4.40	$5,511
May 2000	0	607	27.26	3.68	$2,234
Apr 2000	0	564	24.51	3.12	$1,757
Mar 2000	156	544	28.42	2.86	$5,989
Feb 2000	65	534	27.62	2.73	$3,251
Jan 2000	0	563	25.27	2.48	$1,397
Dec 1999	0	650	24.28	2.42	$1,575
Nov 1999	88	579	23.19	2.43	$3,450
Oct 1999	0	663	20.98	2.80	$1,859
Sep 1999	82	591	21.75	2.62	$3,331
Aug 1999	0	607	19.26	2.88	$1,745
Jul 1999	103	572	17.89	2.37	$3,200
Jun 1999	0	622	15.94	2.36	$1,469
May 1999	178	606	15.79	2.32	$4,217
Apr 1999	0	569	15.10	2.21	$1,256
Mar 1999	175	583	12.47	1.84	$3,254
Feb 1999	0	527	9.98	1.82	$958
Jan 1999	170	548	10.38	1.90	$2,806
Dec 1998	0	481	9.20	1.77	$853
Nov 1998	180	478	10.89	2.19	$3,005
Oct 1998	0	516	12.42	1.97	$1,016
Sep 1998	158	499	12.59	2.08	$3,028
Aug 1998	159	506	11.30	1.91	$2,762
Jul 1998	157	502	11.74	2.24	$2,966
Jun 1998	171	488	11.24	2.24	$3,014
May 1998	0	504	12.62	2.21	$1,112
Apr 1998	158	476	13.04	2.51	$3,253
Mar 1998	167	478	12.80	2.31	$3,242
Feb 1998	162	452	13.95	2.30	$3,299
Jan 1998	0	605	14.70	2.15	$1,304
Dec 1997	167	613	16.32	2.41	$4,203
Nov 1997	173	629	18.19	3.09	$5,089
Oct 1997	161	751	19.25	3.15	$5,465
Sep 1997	0	798	17.74	2.95	$2,358
Aug 1997	154	729	17.86	2.55	$4,613
Jul 1997	0	518	17.58	2.25	$1,164
Jun 1997	154	524	17.24	2.26	$3,838
May 1997	0	644	18.97	2.31	$1,487
Apr 1997	154	719	17.88	2.08	$4,251
Mar 1997	156	775	18.95	1.94	$4,459
Feb 1997	157	685	20.49	2.21	$4,728
Jan 1997	153	713	23.48	3.54	$6,116
Dec 1996	161	741	23.32	—	$3,755
Nov 1996	241	699	21.97	—	$5,295
Oct 1996	335	780	23.31	—	$7,809
Sep 1996	161	714	22.22	—	$3,577
Aug 1996	258	722	20.26	—	$5,227
Jul 1996	306	791	19.55	—	$5,982
Jun 1996	156	865	18.73	—	$2,922
May 1996	157	923	19.43	—	$3,051
Apr 1996	160	854	21.51	—	$3,442
Mar 1996	350	992	19.38	—	$6,783
Feb 1996	157	971	16.98	—	$2,666
Jan 1996	155	1,084	17.07	—	$2,646
Dec 1995	173	1,123	17.19	—	$2,974
Nov 1995	0	772	16.00	—	$0
Oct 1995	166	1,032	15.43	—	$2,561
Sep 1995	175	1,016	16.18	—	$2,832
Aug 1995	0	1,110	15.92	—	$0
Jul 1995	150	1,103	15.24	—	$2,286
Jun 1995	163	931	16.41	—	$2,675
May 1995	176	1,091	17.56	—	$3,091
Apr 1995	0	1,109	17.73	—	$0
Mar 1995	169	1,139	16.44	—	$2,778
Feb 1995	170	960	16.58	—	$2,819
Jan 1995	0	1,079	15.92	—	$0
Dec 1994	166	1,017	15.03	—	$2,495
Nov 1994	180	1,065	15.90	—	$2,862
Oct 1994	0	1,106	15.58	—	$0
Sep 1994	159	1,105	15.29	—	$2,431
Aug 1994	169	1,179	16.13	—	$2,726
Jul 1994	0	940	17.56	—	$0
Jun 1994	141	1,020	17.09	—	$2,410
May 1994	170	1,147	15.88	—	$2,700
Apr 1994	175	1,018	14.14	—	$2,475
Mar 1994	0	1,034	12.46	—	$0
Feb 1994	180	1,155	12.50	—	$2,250
Jan 1994	0	1,258	12.66	—	$0
Dec 1993	160	1,229	12.33	—	$1,973
Nov 1993	166	1,324	14.49	—	$2,405
Oct 1993	0	1,140	15.85	—	$0
Sep 1993	170	969	15.03	—	$2,555
Aug 1993	0	1,558	15.66	—	$0
Jul 1993	128	2,042	15.46	—	$1,979
Jun 1993	0	1,037	16.79	—	$0
May 1993	154	520	17.68	—	$2,723
Apr 1993	0	1,551	18.05	—	$0
Mar 1993	321	2,006	18.14	—	$5,823
Feb 1993	0	1,670	17.90	—	$0
Jan 1993	179	1,581	16.93	—	$3,030

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.

May 2007 — as filed, then multipliedworked

Oil                  104 bbl  × $ 58.74 =     $6,109
Casinghead gas         0 Mcf  × $  7.85 =         $0

────────────────────────────────────────────────────
Month total                                   $6,109

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/15408 is the state's own key, not one this site invented.