CRAIG, FLOYD ESTATE

Operated by CHOLLA PETROLEUM, INC. (P-5 150683) in the BLACKWELL, N. (JENN. LIME) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 17944District 7BField 08629650NGPA filingOilCasinghead gasSaveExport
Value, all time
$4.6 M
Jan 1993 – Jan 2016
Value, last 12 filed months
$31 k
at the published price for each month
Months reported
277
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 2 leases and 3 wells, and the rule below applies to all of them.

Discovered
1981-12-01
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
NGPA1none

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
OilDisposition95,876 bbl$3,752,393
Casinghead gasProduction333,024 Mcf$805,234
Total$4,557,626

99,147 Mcf of this lease's gas, across 33 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 32.1073, -100.2925. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

32.10732, -100.29253 · 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
5,890 ft
2 wells filed one
Completion to plug
11.4 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 5,545 and 6,234 ft, median 5,890 ft, over the 2 wells that filed a depth.

Completions filed
Jul 1995 – May 2013
2 of 2 wells
Plug dates filed
Nov 2015
2 of 2 wells

Last completion to plug: a median of 11.4 years across the 2 wells that filed both dates, with the middle half between 7.0 years and 15.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-3533119916,234 ftMay 2013Nov 2015Yes
42-3533233825,545 ftJul 1995Nov 2015Yes

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 (277)

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

277 months

Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 2015172040.162.87$6,908
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 2015337049.822.71$16,789
Mar 2015172042.892.93$7,377
Feb 20150044.662.98$0
Jan 2015320043.433.10$13,898
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 2014174078.303.90$13,624
Sep 2014356086.164.05$30,673
Aug 2014178089.394.04$15,911
Jul 2014354096.564.18$34,182
Jun 20140098.164.74$0
May 2014175094.734.73$16,578
Apr 2014178095.944.81$17,077
Mar 2014183095.895.06$17,548
Feb 2014180097.406.19$17,532
Jan 2014163090.404.86$14,735
Dec 2013352091.824.35$32,321
Nov 2013175088.853.74$15,549
Oct 2013354097.423.78$34,487
Sep 20131610104.113.72$16,762
Aug 20131740104.253.52$18,140
Jul 20133390102.523.72$34,754
Jun 2013508094.403.93$47,955
May 20130094.834.15$0
Apr 2013345093.964.28$32,416
Mar 2013173093.623.91$16,196
Feb 2013176091.233.42$16,056
Jan 2013171091.603.42$15,664
Dec 2012176086.773.42$15,272
Nov 2012180086.953.62$15,651
Oct 2012354089.383.40$31,641
Sep 2012178094.672.92$16,851
Aug 2012174092.662.91$16,123
Jul 2012343185.133.02$29,203
Jun 2012177179.822.52$14,131
May 2012348191.612.49$31,883
Apr 20121781101.652.00$18,096
Mar 20121761105.052.22$18,491
Feb 201201101.102.57$3
Jan 2012353198.092.73$34,629
Dec 2011175196.873.24$16,955
Nov 2011186195.723.31$17,807
Oct 2011362184.983.65$30,766
Sep 2011283183.623.99$23,668
Aug 2011175183.404.15$14,599
Jul 2011350194.144.52$32,954
Jun 2011176192.904.64$16,355
May 2011342198.134.40$33,565
Apr 20111761105.964.33$18,653
Mar 2011363196.364.06$34,983
Feb 2011172185.644.18$14,734
Jan 2011357186.504.59$30,885
Dec 2010350185.734.35$30,010
Nov 2010187180.843.80$15,121
Oct 2010367178.103.51$28,666
Sep 2010180172.633.98$13,077
Aug 2010370173.684.42$27,266
Jul 2010183172.554.74$13,281
Jun 2010352170.364.91$24,772
May 2010184171.124.24$13,090
Apr 2010365181.694.12$29,821
Mar 2010376178.394.39$29,479
Feb 2010367173.585.44$27,009
Jan 20100174.365.96$6
Dec 2009169171.445.48$12,079
Nov 2009369074.593.75$27,524
Oct 2009190072.544.11$13,783
Sep 2009365065.543.06$23,922
Aug 2009186067.423.22$12,540
Jul 2009379061.133.46$23,168
Jun 2009186066.163.90$12,306
May 2009185054.743.93$10,127
Apr 2009379046.773.59$17,726
Mar 2009185042.144.06$7,796
Feb 2009359032.814.63$11,779
Jan 2009187035.865.37$6,706
Dec 2008385037.105.98$14,284
Nov 2008187055.496.86$10,377
Oct 2008368075.246.92$27,688
Sep 20083740101.767.88$38,058
Aug 20083740114.228.48$42,718
Jul 20081860131.0811.39$24,381
Jun 20083760131.3313.03$49,380
May 20083740123.1711.57$46,066
Apr 20081870110.3110.45$20,628
Mar 20083730101.909.66$38,009
Feb 2008183092.538.77$16,933
Jan 2008373090.388.21$33,712
Dec 2007576088.337.30$50,878
Nov 2007190091.677.29$17,417
Oct 2007400082.856.92$33,140
Sep 2007372075.846.24$28,212
Aug 2007583069.066.39$40,262
Jul 20070070.906.39$0
Jun 2007383062.007.55$23,746
May 2007361058.747.85$21,205
Apr 2007378059.617.81$22,533
Mar 20070056.927.30$0
Feb 2007192055.108.22$10,579
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 2006183054.207.62$9,919
Oct 2006190054.906.01$10,431
Sep 2006177060.085.04$10,634
Aug 2006186068.717.34$12,780
Jul 2006186069.376.34$12,903
Jun 20060066.286.38$0
May 2006183066.016.42$12,080
Apr 2006181064.397.36$11,655
Mar 2006178056.707.08$10,093
Feb 2006367057.597.75$21,136
Jan 2006192060.598.93$11,633
Dec 2005190054.9413.42$10,439
Nov 2005378054.6910.59$20,673
Oct 2005190058.3413.80$11,085
Sep 20053761661.4512.08$23,298
Aug 20053734561.519.80$23,384
Jul 200536315755.697.84$21,447
Jun 200537542452.337.38$22,753
May 2005057145.226.65$3,798
Apr 200554559249.207.36$31,171
Mar 200535868150.377.15$22,905
Feb 200533460145.226.31$18,897
Jan 200535375943.166.32$20,034
Dec 200454883839.866.75$27,501
Nov 200434489045.286.33$21,210
Oct 200454597749.706.52$33,452
Sep 200454697943.245.28$28,782
Aug 20045451,10442.375.55$29,220
Jul 20043661,10438.286.08$20,727
Jun 200456881636.106.43$25,754
May 20043531,09837.486.49$20,361
Apr 20043671,12034.475.86$19,212
Mar 20045591,21034.365.53$25,899
Feb 20041841,27432.455.51$12,990
Jan 200418078132.036.30$10,685
Dec 20033701,32330.266.30$19,533
Nov 20033721,38928.804.60$17,096
Oct 20031901,44328.174.76$12,220
Sep 20031841,28226.314.75$10,930
Aug 20031721,52529.765.13$12,942
Jul 20033611,52129.415.17$18,482
Jun 20031841,60728.565.98$14,870
May 20031671,32426.595.97$12,348
Apr 20033331,63526.675.41$17,722
Mar 20031831,72731.146.10$16,226
Feb 20033681,04733.487.93$20,619
Jan 20031821,15530.315.58$11,964
Dec 20021871,83426.914.85$13,934
Nov 20023461,83624.664.14$16,128
Oct 20021801,88226.464.23$12,722
Sep 20023651,82927.443.64$16,664
Aug 20021721,82525.963.16$10,240
Jul 20021831,68924.583.06$9,669
Jun 20023421,65823.733.34$13,650
May 20021851,76824.663.58$10,899
Apr 20021861,77223.653.51$10,623
Mar 20021851,72322.003.10$9,416
Feb 20023471,56918.222.38$10,050
Jan 20021831,88417.172.38$7,618
Dec 20013462,10616.932.36$10,837
Nov 20011752,03018.072.41$8,045
Oct 20011872,11019.782.53$9,035
Sep 20011862,30024.262.25$9,690
Aug 20013262,04424.873.05$14,348
Jul 20011782,50023.933.20$12,252
Jun 20013552,48324.563.82$18,214
May 20011792,47925.524.31$15,246
Apr 20013412,39724.685.34$21,205
Mar 20011782,47324.545.38$17,664
Feb 20013372,20927.755.77$22,091
Jan 20013422,48927.478.40$30,299
Dec 20001822,23326.889.12$25,263
Nov 20003632,44532.215.66$25,526
Oct 20003722,56231.235.15$24,800
Sep 20001782,68431.875.19$19,593
Aug 20003662,76729.644.54$23,413
Jul 20003812,73628.534.09$22,059
Jun 20002052,69829.304.40$17,870
May 20003582,36027.263.68$18,443
Apr 20001932,76524.513.12$13,346
Mar 20003582,84928.422.86$18,322
Feb 20003672,66027.622.73$17,389
Jan 20003752,67925.272.48$16,122
Dec 19993912,65424.282.42$15,926
Nov 19993782,69723.192.43$15,330
Oct 19992012,82520.982.80$12,137
Sep 19993802,87821.752.62$15,802
Aug 19993772,91819.262.88$15,652
Jul 19993853,10017.892.37$14,242
Jun 19993932,88815.942.36$13,086
May 19993642,90415.792.32$12,488
Apr 19993772,72015.102.21$11,699
Mar 19993872,69512.471.84$9,780
Feb 19993882,7089.981.82$8,795
Jan 19993732,85610.381.90$9,298
Dec 19985692,0369.201.77$8,845
Nov 199882,31810.892.19$5,154
Oct 19985543,41612.421.97$13,608
Sep 19985513,16912.592.08$13,537
Aug 19983653,52411.301.91$10,846
Jul 19985343,58711.742.24$14,294
Jun 19983732,93511.242.24$10,759
May 19985353,91912.622.21$15,398
Apr 19983503,84113.042.51$14,187
Mar 19987294,06412.802.31$18,717
Feb 19983813,69513.952.30$13,810
Jan 19985463,91814.702.15$16,469
Dec 19978973,80316.322.41$23,808
Nov 19975403,62918.193.09$21,030
Oct 19975244,18619.253.15$23,272
Sep 19975274,12617.742.95$21,541
Aug 19977034,11417.862.55$23,066
Jul 19976944,51517.582.25$22,345
Jun 19976923,81317.242.26$20,537
May 19976933,73318.972.31$21,764
Apr 19976903,57817.882.08$19,789
Mar 19976773,57218.951.94$19,756
Feb 19976683,45020.492.21$21,298
Jan 19971,0253,71923.483.54$37,231
Dec 19961,0363,89823.32$24,160
Nov 19968623,85421.97$18,938
Oct 19966763,86723.31$15,758
Sep 19966993,53022.22$15,532
Aug 19969794,24920.26$19,835
Jul 19961,0314,57219.55$20,156
Jun 19968744,87318.73$16,370
May 19968475,40319.43$16,457
Apr 19961,5505,67121.51$33,341
Mar 19961,0335,62619.38$20,020
Feb 19961,7045,14616.98$28,934
Jan 19961,4035,49817.07$23,949
Dec 19951,7835,51517.19$30,650
Nov 19951,8094,98516.00$28,944
Oct 19952,3165,74215.43$35,736
Sep 19952,3115,31116.18$37,392
Aug 19953,1883,20415.92$50,753
Jul 199523860615.24$3,627
Jun 19950016.41$0
May 19950017.56$0
Apr 19950017.73$0
Mar 19950016.44$0
Feb 19950016.58$0
Jan 19950015.92$0
Dec 19940015.03$0
Nov 19940015.90$0
Oct 19940015.58$0
Sep 19940015.29$0
Aug 19940016.13$0
Jul 19940017.56$0
Jun 19940017.09$0
May 1994262115.88$4,161
Apr 19940014.14$0
Mar 19940012.46$0
Feb 199404012.50$0
Jan 1994013412.66$0
Dec 1993024912.33$0
Nov 19931831,03214.49$2,652
Oct 19935361,63615.85$8,496
Sep 19933511,25815.03$5,276
Aug 19933541,34815.66$5,544
Jul 19933671,40115.46$5,674
Jun 19933711,37416.79$6,229
May 19935022,91017.68$8,875
Apr 19933691,18318.05$6,660
Mar 19933591,72818.14$6,512
Feb 19935441,52717.90$9,738
Jan 19931831,77616.93$3,098

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.

Aug 2015 — as filed, then multipliedworked
Oil                  172 bbl  × $ 40.16 =     $6,908
Casinghead gas         0 Mcf  × $  2.87 =         $0

────────────────────────────────────────────────────
Month total                                   $6,908

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/17944 is the state's own key, not one this site invented.