HERRING "A"

Operated by SWEETWATER DRILLING CO., INC. (P-5 833285) in the LARGENT, W. (STRAWN SAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 17058District 7BField 52053500NGPA filingOilCasinghead gasSaveExport
Value, all time
$22 k
Jan 1993 – Dec 1994
Value, last 12 filed months
$3 k
at the published price for each month
Months reported
24
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 9 leases and 27 wells, and the rule below applies to all of them.

Discovered
1958-10-03
as the register files it
Field class
Oil
the register's own label
Between wells
660 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres.

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
NGPA2none

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
OilDisposition1,242 bbl$21,507
Casinghead gasProduction2,804 Mcf$0
Total$21,507

2,804 Mcf of this lease's gas, across 18 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 32.5431, -100.0266. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

32.54312, -100.02657 · 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
6,018 ft
2 wells filed one
Completion to plug
13.0 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 4,649 and 7,386 ft, median 6,018 ft, over the 2 wells that filed a depth.

Completions filed
Feb 1981 – Apr 1982
2 of 2 wells
Plug dates filed
Sep 1994
2 of 2 wells

Last completion to plug: a median of 13.0 years across the 2 wells that filed both dates, with the middle half between 12.8 years and 13.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-2533215334,649 ftApr 1982Sep 1994Yes
42-2533170717,386 ftFeb 1981Sep 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 (24)

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

24 months

Dec 19940015.03$0
Nov 19940015.90$0
Oct 19940015.58$0
Sep 199480015.29$1,223
Aug 19940016.13$0
Jul 1994122217.56$2,142
Jun 199405817.09$0
May 1994010015.88$0
Apr 199407214.14$0
Mar 199404912.46$0
Feb 1994010212.50$0
Jan 199401212.66$0
Dec 19930312.33$0
Nov 199303714.49$0
Oct 19931628915.85$2,568
Sep 1993010715.03$0
Aug 19930115.66$0
Jul 19930115.46$0
Jun 19930016.79$0
May 199317648117.68$3,112
Apr 199317648818.05$3,177
Mar 199317743218.14$3,211
Feb 199317135517.90$3,061
Jan 199317841516.93$3,014

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 1994 — as filed, then multipliedworked
Oil                   80 bbl  × $ 15.29 =     $1,223
Casinghead gas         0 Mcf  ×  no price            —

────────────────────────────────────────────────────
Month total                                   $1,223

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/17058 is the state's own key, not one this site invented.