LOSS STORY

Operated by NEAL, JACK ENGINEERING, INC. (P-5 601720) in the LAKE ABILENE (4000) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 18291District 7BField 51365900OilCasinghead gasSaveExport
Value, all time
$79 k
Jan 1993 – Oct 2000
Value, last 12 filed months
$4 k
at the published price for each month
Months reported
94
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 36 leases and 56 wells, and the rule below applies to all of them.

Discovered
1978-07-07
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: ALLOCATION FORMULA EFF. 1-1-80 PER AMENDMENT TO SWR 28 & 29

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
OilDisposition3,805 bbl$61,564
Casinghead gasProduction24,901 Mcf$17,669
Total$79,233

17,219 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 32.2164, -99.8589. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

32.21638, -99.85887 · 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
4,398 ft
2 wells filed one
Completion to plug
18.3 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 4,075 and 4,720 ft, median 4,398 ft, over the 2 wells that filed a depth.

Completions filed
Feb 1982 – Jul 1982
2 of 2 wells
Plug dates filed
Jul 2000
2 of 2 wells

Last completion to plug: a median of 18.3 years across the 2 wells that filed both dates, with the middle half between 18.1 years and 18.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-4413215924,720 ftJul 1982Jul 2000Yes
42-4413210214,075 ftFeb 1982Jul 2000Yes

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 (94)

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

94 months

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 200055027.263.68$1,499
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 199904924.282.42$119
Nov 19996816723.192.43$1,983
Oct 1999018720.982.80$524
Sep 199906421.752.62$168
Aug 1999012419.262.88$357
Jul 1999022317.892.37$529
Jun 1999027115.942.36$640
May 1999035015.792.32$812
Apr 199915430115.102.21$2,990
Mar 1999030612.471.84$563
Feb 19991503019.981.82$2,044
Jan 1999026510.381.90$503
Dec 199803449.201.77$610
Nov 199816837110.892.19$2,640
Oct 1998029512.421.97$581
Sep 19981258612.592.08$1,753
Aug 1998017911.301.91$341
Jul 199810429711.742.24$1,885
Jun 1998020311.242.24$454
May 1998021112.622.21$466
Apr 1998020213.042.51$506
Mar 1998021712.802.31$501
Feb 1998025713.952.30$591
Jan 1998026914.702.15$580
Dec 1997022116.322.41$533
Nov 1997022318.193.09$689
Oct 19977020219.253.15$1,984
Sep 1997016917.742.95$499
Aug 1997012917.862.55$330
Jul 19971598417.582.25$2,984
Jun 199707717.242.26$174
May 1997010618.972.31$245
Apr 1997024417.882.08$508
Mar 1997024618.951.94$477
Feb 199717521920.492.21$4,069
Jan 1997022323.483.54$789
Dec 1996022923.32$0
Nov 1996023221.97$0
Oct 199616424423.31$3,823
Sep 19960122.22$0
Aug 19960120.26$0
Jul 19960119.55$0
Jun 1996172118.73$3,222
May 19960119.43$0
Apr 19960121.51$0
Mar 19960119.38$0
Feb 1996154116.98$2,615
Jan 19960117.07$0
Dec 19950117.19$0
Nov 1995171116.00$2,736
Oct 19950115.43$0
Sep 19950116.18$0
Aug 19950115.92$0
Jul 19951479515.24$2,240
Jun 199507916.41$0
May 19950117.56$0
Apr 1995145117.73$2,571
Mar 19950116.44$0
Feb 19951741,20916.58$2,885
Jan 1995068415.92$0
Dec 199401,37715.03$0
Nov 19941621,39315.90$2,576
Oct 199401,42515.58$0
Sep 199417510915.29$2,676
Aug 1994018316.13$0
Jul 1994040917.56$0
Jun 199412548917.09$2,136
May 1994055015.88$0
Apr 199416342814.14$2,305
Mar 1994054312.46$0
Feb 199416445812.50$2,050
Jan 199418058312.66$2,279
Dec 1993045812.33$0
Nov 1993044414.49$0
Oct 1993057015.85$0
Sep 1993056815.03$0
Aug 1993060115.66$0
Jul 199317859315.46$2,752
Jun 1993056516.79$0
May 1993057717.68$0
Apr 199316354818.05$2,942
Mar 1993053918.14$0
Feb 199314048317.90$2,506
Jan 1993053716.93$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.

May 2000 — as filed, then multipliedworked
Oil                   55 bbl  × $ 27.26 =     $1,499
Casinghead gas         0 Mcf  × $  3.68 =         $0

────────────────────────────────────────────────────
Month total                                   $1,499

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/18291 is the state's own key, not one this site invented.