WHITEHAT RANCH

Operated by SMITH PIPE OF ABILENE (P-5 794745) in the WHITE HAT, SE. (CISCO) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 15589District 7BField 96924500NGPA filingOilCasinghead gasSaveExport
Value, all time
$146 k
Jan 1993 – Aug 2003
Value, last 12 filed months
$0
at the published price for each month
Months reported
128
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 other leases, and the rule below applies to all of them.

Discovered
1979-12-01
as the register files it
Field class
Oil
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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
NGPA5none

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
OilDisposition8,833 bbl$145,166
Casinghead gasProduction2,741 Mcf$1,214
Total$146,380

2,317 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 (5)

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 32.0868, -100.4064. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

32.08745, -100.40650 · 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%
5 of 5 wells
With a plug date
100.0%
5 of 5 wells
Median depth
4,594 ft
5 wells filed one
Completion to plug
5.7 years
median over 5 wells

What the state filed about each well

On the RRC proration schedule
5100.0%
A plug date is filed
5100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
5100.0%
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 4,197 and 6,760 ft, median 4,594 ft, over the 5 wells that filed a depth.

Completions filed
Jun 1980 – Aug 1991
5 of 5 wells
Plug dates filed
Aug 1990 – Mar 2002
5 of 5 wells

Last completion to plug: a median of 5.7 years across the 5 wells that filed both dates, with the middle half between 5.3 years and 14.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

5 wells

42-3533086824,197 ftAug 1991Dec 1996Yes
42-3533079816,760 ftOct 1988Jun 1994Yes
42-3533100444,294 ftMay 1985Aug 1990Yes
42-3533100554,600 ftFeb 1981Mar 2002Yes
42-3533091334,594 ftJun 1980Jun 1994Yes

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 (128)

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

128 months

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 20010019.782.53$0
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 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
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 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
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 1998212012.592.08$2,669
Aug 19980211.301.91$4
Jul 19980111.742.24$2
Jun 19980111.242.24$2
May 19980112.622.21$2
Apr 19980113.042.51$3
Mar 19980112.802.31$2
Feb 1998172113.952.30$2,402
Jan 19980114.702.15$2
Dec 19970116.322.41$2
Nov 19971818118.193.09$3,543
Oct 199709619.253.15$302
Sep 1997010717.742.95$316
Aug 19971769717.862.55$3,391
Jul 19970117.582.25$2
Jun 199702417.242.26$54
May 19970418.972.31$9
Apr 1997177117.882.08$3,167
Mar 19970118.951.94$2
Feb 19970120.492.21$2
Jan 19970123.483.54$4
Dec 19961541823.32$3,591
Nov 19961613021.97$3,537
Oct 199602023.31$0
Sep 199602422.22$0
Aug 19961772720.26$3,586
Jul 19961753219.55$3,421
Jun 199603118.73$0
May 19961693019.43$3,284
Apr 199603121.51$0
Mar 19961744019.38$3,372
Feb 19961823316.98$3,090
Jan 199603617.07$0
Dec 19951774817.19$3,043
Nov 19951674916.00$2,672
Oct 19951775815.43$2,731
Sep 19951815816.18$2,929
Aug 19951756415.92$2,786
Jul 19951746815.24$2,652
Jun 19951576216.41$2,576
May 19951816517.56$3,178
Apr 19951743017.73$3,085
Mar 19951722916.44$2,828
Feb 199501516.58$0
Jan 199502615.92$0
Dec 19941813015.03$2,720
Nov 19941722915.90$2,735
Oct 199403415.58$0
Sep 19941794715.29$2,737
Aug 19941775716.13$2,855
Jul 19941845717.56$3,231
Jun 19941756117.09$2,991
May 19941725615.88$2,731
Apr 19941795914.14$2,531
Mar 19941635912.46$2,031
Feb 19941835112.50$2,288
Jan 19941865312.66$2,355
Dec 19933615712.33$4,451
Nov 19931805414.49$2,608
Oct 19931746015.85$2,758
Sep 19931765315.03$2,645
Aug 19931776315.66$2,772
Jul 19933549315.46$5,473
Jun 19933549916.79$5,944
May 19931738317.68$3,059
Apr 19933657118.05$6,588
Mar 19931796318.14$3,247
Feb 19931825117.90$3,258
Jan 19933625316.93$6,129

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 1998 — as filed, then multipliedworked
Oil                  212 bbl  × $ 12.59 =     $2,669
Casinghead gas         0 Mcf  × $  2.08 =         $0

────────────────────────────────────────────────────
Month total                                   $2,669

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/15589 is the state's own key, not one this site invented.