MARTIN, LOIS

Operated by FOREE OIL COMPANY (P-5 275700) in the LEY (STRAWN 5560) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 16884District 7BField 53478500OilCasinghead gasSaveExport
Value, all time
$271 k
Jan 1993 – Oct 2004
Value, last 12 filed months
$14 k
at the published price for each month
Months reported
142
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 3 leases and 3 wells, and the rule below applies to all of them.

Discovered
1980-01-18
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

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
OilDisposition13,479 bbl$270,955
Casinghead gasProduction27 Mcf$0
Total$270,955

27 Mcf of this lease's gas, across 27 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 33.1468, -99.8571. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.14681, -99.85709 · 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
5,844 ft
1 wells filed one
Completion to plug
23.5 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 5,844 ft.

Completions filed
Feb 1981
1 of 1 wells
Plug dates filed
Aug 2004
1 of 1 wells

Last completion to plug: a median of 23.5 years across the 1 well that filed both dates, with the middle half between 23.5 years and 23.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2073098315,844 ftFeb 1981Aug 2004Yes

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 (142)

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

142 months

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 200490034.365.53$3,092
Feb 2004180032.455.51$5,841
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 2003181028.804.60$5,213
Oct 20030028.174.76$0
Sep 2003182026.314.75$4,788
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 2003178028.565.98$5,084
May 20030026.595.97$0
Apr 2003183026.675.41$4,881
Mar 20030031.146.10$0
Feb 2003185033.487.93$6,194
Jan 20030030.315.58$0
Dec 2002182026.914.85$4,898
Nov 20020024.664.14$0
Oct 2002184026.464.23$4,869
Sep 20020027.443.64$0
Aug 2002170025.963.16$4,413
Jul 2002177024.583.06$4,351
Jun 20020023.733.34$0
May 2002178024.663.58$4,389
Apr 20020023.653.51$0
Mar 2002183022.003.10$4,026
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 2001180016.932.36$3,047
Nov 20010018.072.41$0
Oct 2001177019.782.53$3,501
Sep 20010024.262.25$0
Aug 2001184024.873.05$4,576
Jul 20010023.933.20$0
Jun 2001174024.563.82$4,273
May 2001180025.524.31$4,594
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 2001181027.755.77$5,023
Jan 2001181027.478.40$4,972
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 2000171031.235.15$5,340
Sep 2000168031.875.19$5,354
Aug 20000029.644.54$0
Jul 2000165028.534.09$4,707
Jun 2000166029.304.40$4,864
May 20000027.263.68$0
Apr 2000168024.513.12$4,118
Mar 20000028.422.86$0
Feb 2000163027.622.73$4,502
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 1999166023.192.43$3,850
Oct 1999163020.982.80$3,420
Sep 19990021.752.62$0
Aug 1999164019.262.88$3,159
Jul 1999328017.892.37$5,868
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 1999166010.381.90$1,723
Dec 1998009.201.77$0
Nov 1998177010.892.19$1,928
Oct 1998179012.421.97$2,223
Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 1998180011.742.24$2,113
Jun 19980011.242.24$0
May 1998181012.622.21$2,284
Apr 19980013.042.51$0
Mar 1998185012.802.31$2,368
Feb 19980013.952.30$0
Jan 19980014.702.15$0
Dec 1997199016.322.41$3,248
Nov 1997192018.193.09$3,492
Oct 19970019.253.15$0
Sep 1997187017.742.95$3,317
Aug 19970017.862.55$0
Jul 1997188017.582.25$3,305
Jun 1997189017.242.26$3,258
May 19970018.972.31$0
Apr 1997185017.882.08$3,308
Mar 19970018.951.94$0
Feb 1997185020.492.21$3,791
Jan 19970023.483.54$0
Dec 1996198023.32$4,617
Nov 19960021.97$0
Oct 1996198023.31$4,615
Sep 19960022.22$0
Aug 1996191020.26$3,870
Jul 1996187019.55$3,656
Jun 19960018.73$0
May 1996195019.43$3,789
Apr 19960021.51$0
Mar 1996197019.38$3,818
Feb 19960016.98$0
Jan 1996197017.07$3,363
Dec 19950017.19$0
Nov 1995196016.00$3,136
Oct 19950015.43$0
Sep 1995190016.18$3,074
Aug 1995193015.92$3,073
Jul 1995196015.24$2,987
Jun 19950016.41$0
May 19950017.56$0
Apr 1995192017.73$3,404
Mar 1995193116.44$3,173
Feb 19950116.58$0
Jan 1995200115.92$3,184
Dec 1994198115.03$2,976
Nov 19940115.90$0
Oct 1994194115.58$3,023
Sep 19940115.29$0
Aug 1994187116.13$3,016
Jul 1994190117.56$3,336
Jun 19940117.09$0
May 1994193115.88$3,065
Apr 1994192114.14$2,715
Mar 19940112.46$0
Feb 1994194112.50$2,425
Jan 1994189112.66$2,393
Dec 19930112.33$0
Nov 1993190114.49$2,753
Oct 1993189115.85$2,996
Sep 1993112115.03$1,683
Aug 1993211115.66$3,304
Jul 19930115.46$0
Jun 1993210116.79$3,526
May 1993198117.68$3,501
Apr 19930118.05$0
Mar 1993194118.14$3,519
Feb 1993190117.90$3,401
Jan 19930116.93$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.

Mar 2004 — as filed, then multipliedworked
Oil                   90 bbl  × $ 34.36 =     $3,092
Casinghead gas         0 Mcf  × $  5.53 =         $0

────────────────────────────────────────────────────
Month total                                   $3,092

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/16884 is the state's own key, not one this site invented.