JONES, L.B.

Operated by PEARSON, LEE ROY III (P-5 647749) in the ADAMS (DUFFER, LOWER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 18778District 7BField 00622400Hydrogen sulphide fieldNGPA filingOilCasinghead gasSaveExport
Value, all time
$296 k
Jan 1993 – Oct 2011
Value, last 12 filed months
$1 k
at the published price for each month
Months reported
226
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 17 leases and 30 wells, and the rule below applies to all of them.

Discovered
1982-07-10
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 register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

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
NGPA3none

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
OilDisposition5,891 bbl$130,762
Casinghead gasProduction35,212 Mcf$165,046
Total$295,808

49 Mcf of this lease's gas, across 34 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 (3)

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 32.4017, -98.6499. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.5 miles.

32.40181, -98.65036 · 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%
3 of 3 wells
With a plug date
100.0%
3 of 3 wells
Median depth
3,499 ft
3 wells filed one
Completion to plug
27.5 years
median over 3 wells

What the state filed about each well

On the RRC proration schedule
3100.0%
A plug date is filed
3100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
3100.0%
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 3,430 and 3,950 ft, median 3,499 ft, over the 3 wells that filed a depth.

Completions filed
Jun 1982 – Sep 1983
3 of 3 wells
Plug dates filed
Jul 2002 – Mar 2016
3 of 3 wells

Last completion to plug: a median of 27.5 years across the 3 wells that filed both dates, with the middle half between 23.8 years and 30.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

3 wells

42-1333514033,950 ftSep 1983Mar 2011Yes
42-1333452423,499 ftFeb 1983Mar 2016Yes
42-1333397513,430 ftJun 1982Jul 2002Yes

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 (226)

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

226 months

Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 201114092.904.64$1,301
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 2009023161.133.46$800
Jun 2009021866.163.90$849
May 2009021154.743.93$828
Apr 2009020346.773.59$728
Mar 2009020442.144.06$828
Feb 2009021332.814.63$987
Jan 2009018035.865.37$967
Dec 2008018137.105.98$1,082
Nov 2008012955.496.86$885
Oct 200813621375.246.92$11,707
Sep 20080183101.767.88$1,442
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 2007022891.677.29$1,663
Oct 2007025382.856.92$1,751
Sep 2007023175.846.24$1,442
Aug 2007024369.066.39$1,552
Jul 2007024270.906.39$1,546
Jun 2007027562.007.55$2,076
May 2007023058.747.85$1,805
Apr 2007021459.617.81$1,670
Mar 2007026056.927.30$1,899
Feb 2007019955.108.22$1,635
Jan 2007020650.306.73$1,386
Dec 2006023756.656.92$1,640
Nov 2006023654.207.62$1,798
Oct 2006026154.906.01$1,570
Sep 2006028860.085.04$1,451
Aug 200617427468.717.34$13,967
Jul 2006027369.376.34$1,732
Jun 2006025266.286.38$1,609
May 2006029766.016.42$1,908
Apr 2006027064.397.36$1,987
Mar 2006028956.707.08$2,047
Feb 2006022957.597.75$1,775
Jan 2006025360.598.93$2,260
Dec 2005026554.9413.42$3,555
Nov 2005026754.6910.59$2,827
Oct 2005027758.3413.80$3,821
Sep 2005024361.4512.08$2,935
Aug 2005024261.519.80$2,371
Jul 2005024755.697.84$1,937
Jun 2005023252.337.38$1,712
May 2005024045.226.65$1,596
Apr 2005022249.207.36$1,634
Mar 2005024150.377.15$1,724
Feb 2005022745.226.31$1,433
Jan 2005018943.166.32$1,195
Dec 20040039.866.75$0
Nov 2004019645.286.33$1,241
Oct 2004019949.706.52$1,297
Sep 2004021543.245.28$1,136
Aug 2004023342.375.55$1,293
Jul 2004024438.286.08$1,485
Jun 2004020336.106.43$1,306
May 2004020937.486.49$1,357
Apr 2004022234.475.86$1,301
Mar 2004020434.365.53$1,128
Feb 2004017332.455.51$953
Jan 2004028532.036.30$1,795
Dec 2003021730.266.30$1,367
Nov 2003019728.804.60$905
Oct 2003021528.174.76$1,023
Sep 2003021426.314.75$1,016
Aug 2003026429.765.13$1,354
Jul 2003023329.415.17$1,205
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 200315421931.146.10$6,131
Feb 2003018933.487.93$1,498
Jan 2003021730.315.58$1,211
Dec 2002022426.914.85$1,087
Nov 2002022424.664.14$927
Oct 200216923226.464.23$5,453
Sep 2002024327.443.64$883
Aug 2002026325.963.16$832
Jul 200216826324.583.06$4,935
Jun 2002023423.733.34$781
May 2002024624.663.58$882
Apr 2002024823.653.51$871
Mar 2002022822.003.10$707
Feb 200217319618.222.38$3,618
Jan 2002022717.172.38$539
Dec 2001025816.932.36$610
Nov 2001015918.072.41$382
Oct 200118025919.782.53$4,215
Sep 2001027724.262.25$624
Aug 2001026524.873.05$809
Jul 2001029523.933.20$943
Jun 200117428024.563.82$5,344
May 2001028525.524.31$1,228
Apr 2001027024.685.34$1,441
Mar 2001028324.545.38$1,522
Feb 200117523827.755.77$6,229
Jan 2001026427.478.40$2,217
Dec 2000025526.889.12$2,326
Nov 2000021932.215.66$1,239
Oct 200017324331.235.15$6,653
Sep 2000025931.875.19$1,343
Aug 2000027329.644.54$1,240
Jul 2000027928.534.09$1,141
Jun 2000025829.304.40$1,134
May 200017026427.263.68$5,606
Apr 2000040624.513.12$1,265
Mar 2000043728.422.86$1,250
Feb 2000037327.622.73$1,017
Jan 200016523925.272.48$4,762
Dec 1999025124.282.42$608
Nov 1999024223.192.43$589
Oct 1999033520.982.80$939
Sep 199917234021.752.62$4,631
Aug 1999029219.262.88$840
Jul 1999030717.892.37$728
Jun 1999027615.942.36$652
May 199917228215.792.32$3,370
Apr 1999027815.102.21$614
Mar 1999027812.471.84$511
Feb 19991792689.981.82$2,274
Jan 1999028110.381.90$534
Dec 199802809.201.77$497
Nov 1998027410.892.19$599
Oct 199812129112.421.97$2,076
Sep 1998027112.592.08$564
Aug 1998027711.301.91$528
Jul 199817926111.742.24$2,685
Jun 1998024711.242.24$553
May 1998024412.622.21$538
Apr 1998023813.042.51$596
Mar 199818222812.802.31$2,856
Feb 1998028613.952.30$658
Jan 1998030614.702.15$659
Dec 199718131616.322.41$3,716
Nov 1997033718.193.09$1,041
Oct 1997036219.253.15$1,140
Sep 199718335117.742.95$4,284
Aug 1997035717.862.55$912
Jul 1997042517.582.25$955
Jun 199717245017.242.26$3,981
May 1997040518.972.31$935
Apr 199718835617.882.08$4,103
Mar 1997032418.951.94$628
Feb 1997023520.492.21$518
Jan 1997170023.483.54$3,992
Dec 19960023.32$0
Nov 19960021.97$0
Oct 19960023.31$0
Sep 19960022.22$0
Aug 1996165020.26$3,343
Jul 19960019.55$0
Jun 1996149018.73$2,791
May 19960019.43$0
Apr 19960021.51$0
Mar 199693019.38$1,802
Feb 19960016.98$0
Jan 19960017.07$0
Dec 1995176017.19$3,025
Nov 19950116.00$0
Oct 19950115.43$0
Sep 1995122116.18$1,974
Aug 19950115.92$0
Jul 199598115.24$1,494
Jun 19950116.41$0
May 1995176117.56$3,091
Apr 19950117.73$0
Mar 1995170116.44$2,795
Feb 19950116.58$0
Jan 19950115.92$0
Dec 19940115.03$0
Nov 1994169415.90$2,687
Oct 19940115.58$0
Sep 1994153115.29$2,339
Aug 19940516.13$0
Jul 19940017.56$0
Jun 19940517.09$0
May 19940515.88$0
Apr 19940114.14$0
Mar 19940112.46$0
Feb 1994177112.50$2,213
Jan 19940112.66$0
Dec 19930112.33$0
Nov 19930114.49$0
Oct 19930115.85$0
Sep 19930115.03$0
Aug 19930115.66$0
Jul 19930115.46$0
Jun 1993154116.79$2,586
May 19930117.68$0
Apr 19930118.05$0
Mar 1993165118.14$2,993
Feb 19930117.90$0
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.

Jun 2011 — as filed, then multipliedworked
Oil                   14 bbl  × $ 92.90 =     $1,301
Casinghead gas         0 Mcf  × $  4.64 =         $0

────────────────────────────────────────────────────
Month total                                   $1,301

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/18778 is the state's own key, not one this site invented.