CARTER

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

Oil lease lease 20138District 7BField 75095500NGPA filingOilCasinghead gasSaveExport
Value, all time
$1.3 M
Jan 1993 – Jun 2016
Value, last 12 filed months
$20 k
at the published price for each month
Months reported
282
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 431 leases and 525 wells, and the rule below applies to all of them.

Discovered
1982-03-12
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 1986-01-01.

The Commission's schedule remark for this field reads: EFF. 09-10-84 PER DOCKET #7B-82,934

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
NGPA4none

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
OilDisposition21,207 bbl$731,570
Casinghead gasProduction210,358 Mcf$599,717
Total$1,331,287

66,732 Mcf of this lease's gas, across 46 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 (4)

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 32.4668, -98.8226. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

32.46726, -98.82230 · 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%
4 of 4 wells
With a plug date
100.0%
4 of 4 wells
Median depth
3,908 ft
4 wells filed one
Completion to plug
31.3 years
median over 4 wells

What the state filed about each well

On the RRC proration schedule
4100.0%
A plug date is filed
4100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
4100.0%
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 3,865 and 3,945 ft, median 3,908 ft, over the 4 wells that filed a depth.

Completions filed
Aug 1983 – Jan 1985
4 of 4 wells
Plug dates filed
Jan 2014 – Jan 2016
4 of 4 wells

Last completion to plug: a median of 31.3 years across the 4 wells that filed both dates, with the middle half between 30.8 years and 31.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

4 wells

42-1333617043,865 ftJan 1985Jan 2016Yes
42-1333585433,900 ftJun 1984Dec 2015Yes
42-1333510923,945 ftJan 1984Dec 2015Yes
42-1333510813,915 ftAug 1983Jan 2014Yes

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 (282)

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

282 months

Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 2015011232.362.00$224
Nov 2015030138.792.17$652
Oct 201517531143.552.43$8,376
Sep 2015022942.992.76$632
Aug 2015030240.162.87$867
Jul 201517720448.152.95$9,123
Jun 2015029056.152.88$836
May 2015030455.212.96$898
Apr 2015029849.822.71$807
Mar 2015032642.892.93$957
Feb 201517128244.662.98$8,476
Jan 2015030043.433.10$930
Dec 2014032154.693.59$1,153
Nov 2014031670.464.25$1,344
Oct 201418032078.303.90$15,342
Sep 2014030886.164.05$1,246
Aug 2014030289.394.04$1,219
Jul 2014029396.564.18$1,225
Jun 201417130998.164.74$18,249
May 2014030194.734.73$1,423
Apr 2014030695.944.81$1,472
Mar 2014033395.895.06$1,684
Feb 201416927297.406.19$18,145
Jan 2014029690.404.86$1,439
Dec 2013038591.824.35$1,676
Nov 2013035888.853.74$1,338
Oct 201317736997.423.78$18,638
Sep 20130345104.113.72$1,283
Aug 20130362104.253.52$1,275
Jul 20130399102.523.72$1,483
Jun 2013039494.403.93$1,550
May 201316142494.834.15$17,027
Apr 2013044893.964.28$1,919
Mar 2013046493.623.91$1,816
Feb 2013043791.233.42$1,495
Jan 201316747591.603.42$16,922
Dec 2012048286.773.42$1,649
Nov 2012045786.953.62$1,657
Oct 2012043089.383.40$1,462
Sep 201217632094.672.92$17,596
Aug 2012037192.662.91$1,079
Jul 2012043285.133.02$1,305
Jun 2012040479.822.52$1,018
May 201217043491.612.49$16,654
Apr 20120454101.652.00$907
Mar 20120515105.052.22$1,144
Feb 2012177434101.102.57$19,010
Jan 2012039998.092.73$1,091
Dec 2011043496.873.24$1,406
Nov 201117442695.723.31$18,066
Oct 2011041784.983.65$1,521
Sep 2011042083.623.99$1,674
Aug 2011043983.404.15$1,822
Jul 2011045094.144.52$2,033
Jun 201117643492.904.64$18,364
May 2011044298.134.40$1,947
Apr 20110417105.964.33$1,807
Mar 2011044696.364.06$1,810
Feb 201117339585.644.18$16,467
Jan 2011044186.504.59$2,024
Dec 2010041385.734.35$1,796
Nov 2010041680.843.80$1,579
Oct 2010044178.103.51$1,547
Sep 201016944172.633.98$14,029
Aug 2010045373.684.42$2,002
Jul 2010043772.554.74$2,070
Jun 201017242170.364.91$14,169
May 2010034071.124.24$1,440
Apr 2010041181.694.12$1,694
Mar 2010042278.394.39$1,852
Feb 201017127773.585.44$14,090
Jan 2010042474.365.96$2,529
Dec 2009042671.445.48$2,336
Nov 2009043774.593.75$1,639
Oct 200912452772.544.11$11,161
Sep 2009047865.543.06$1,465
Aug 2009045067.423.22$1,448
Jul 200918046561.133.46$12,614
Jun 2009035866.163.90$1,394
May 200917229254.743.93$10,562
Apr 2009017246.773.59$617
Mar 200917423542.144.06$8,286
Feb 2009026132.814.63$1,209
Jan 200917328435.865.37$7,729
Dec 2008045137.105.98$2,696
Nov 2008046055.496.86$3,156
Oct 200818048075.246.92$16,866
Sep 200879384101.767.88$11,064
Aug 20080562114.228.48$4,767
Jul 2008153610131.0811.39$27,003
Jun 2008167261131.3313.03$25,334
May 20080354123.1711.57$4,097
Apr 20080297110.3110.45$3,105
Mar 2008173188101.909.66$19,446
Feb 2008041892.538.77$3,666
Jan 2008046690.388.21$3,824
Dec 2007045588.337.30$3,322
Nov 2007044091.677.29$3,208
Oct 200717742582.856.92$17,606
Sep 2007041275.846.24$2,573
Aug 2007047769.066.39$3,047
Jul 2007048670.906.39$3,105
Jun 2007047262.007.55$3,563
May 2007042958.747.85$3,366
Apr 2007050059.617.81$3,903
Mar 2007047156.927.30$3,439
Feb 200716027955.108.22$11,108
Jan 2007038350.306.73$2,576
Dec 2006045856.656.92$3,169
Nov 2006045854.207.62$3,489
Oct 2006027754.906.01$1,666
Sep 200617142960.085.04$12,435
Aug 2006039268.717.34$2,877
Jul 2006041669.376.34$2,639
Jun 2006040266.286.38$2,566
May 2006043666.016.42$2,801
Apr 200616344064.397.36$13,734
Mar 2006045456.707.08$3,216
Feb 2006029857.597.75$2,310
Jan 2006049760.598.93$4,440
Dec 2005047554.9413.42$6,372
Nov 2005048054.6910.59$5,082
Oct 200516647258.3413.80$16,196
Sep 2005045861.4512.08$5,532
Aug 200517545061.519.80$15,173
Jul 2005048555.697.84$3,804
Jun 2005046152.337.38$3,403
May 2005049145.226.65$3,266
Apr 2005039749.207.36$2,922
Mar 2005032850.377.15$2,347
Feb 2005029545.226.31$1,862
Jan 2005026143.166.32$1,650
Dec 2004175039.866.75$6,976
Nov 2004020545.286.33$1,298
Oct 2004020149.706.52$1,310
Sep 2004024243.245.28$1,279
Aug 2004029142.375.55$1,615
Jul 2004034538.286.08$2,099
Jun 2004035636.106.43$2,290
May 2004052837.486.49$3,429
Apr 200416761834.475.86$9,377
Mar 2004079634.365.53$4,402
Feb 2004067532.455.51$3,719
Jan 2004068232.036.30$4,296
Dec 200316978230.266.30$10,042
Nov 2003048528.804.60$2,229
Oct 2003058228.174.76$2,770
Sep 2003052326.314.75$2,484
Aug 2003049629.765.13$2,544
Jul 200317676129.415.17$9,111
Jun 2003066128.565.98$3,955
May 2003071226.595.97$4,253
Apr 2003067626.675.41$3,655
Mar 2003058431.146.10$3,560
Feb 2003049933.487.93$3,955
Jan 200317773630.315.58$9,473
Dec 2002071126.914.85$3,451
Nov 2002079424.664.14$3,285
Oct 2002081326.464.23$3,438
Sep 200217375927.443.64$7,506
Aug 2002098525.963.16$3,117
Jul 2002079724.583.06$2,440
Jun 2002083923.733.34$2,801
May 2002086924.663.58$3,115
Apr 200217785923.653.51$7,203
Mar 2002086322.003.10$2,678
Feb 2002084518.222.38$2,007
Jan 200217794117.172.38$5,275
Dec 2001095116.932.36$2,249
Nov 2001085918.072.41$2,066
Oct 200117297219.782.53$5,860
Sep 200101,07524.262.25$2,420
Aug 2001055424.873.05$1,691
Jul 200101,14023.933.20$3,645
Jun 20011761,03624.563.82$8,284
May 200101,01725.524.31$4,381
Apr 200101,10124.685.34$5,874
Mar 200101,39624.545.38$7,506
Feb 20011741,01027.755.77$10,653
Jan 200101,01027.478.40$8,483
Dec 2000096826.889.12$8,831
Nov 200017093332.215.66$10,755
Oct 200001,05231.235.15$5,413
Sep 200001,00031.875.19$5,187
Aug 20001761,14129.644.54$10,398
Jul 200001,12828.534.09$4,613
Jun 200001,17329.304.40$5,158
May 20001731,13327.263.68$8,885
Apr 200001,11224.513.12$3,465
Mar 20001711,22328.422.86$8,357
Feb 2000097527.622.73$2,658
Jan 20001761,21125.272.48$7,451
Dec 199901,30024.282.42$3,151
Nov 199917299423.192.43$6,408
Oct 199901,15120.982.80$3,227
Sep 19991711,17921.752.62$6,807
Aug 19991701,17219.262.88$6,644
Jul 199901,23617.892.37$2,932
Jun 19991711,22715.942.36$5,624
May 199901,24315.792.32$2,885
Apr 19991741,05715.102.21$4,961
Mar 199901,17812.471.84$2,166
Feb 19991751,1419.981.82$3,821
Jan 199901,12410.381.90$2,136
Dec 19981721,0269.201.77$3,402
Nov 199801,11710.892.19$2,441
Oct 19981691,32312.421.97$4,704
Sep 19981741,25612.592.08$4,806
Aug 199801,16811.301.91$2,228
Jul 19981711,37611.742.24$5,086
Jun 199801,35811.242.24$3,038
May 19981711,11812.622.21$4,625
Apr 19981741,28913.042.51$5,498
Mar 19981731,33412.802.31$5,295
Feb 19981711,49013.952.30$5,811
Jan 19981711,49014.702.15$5,724
Dec 19971711,21216.322.41$5,713
Nov 199701,20618.193.09$3,724
Oct 19971701,30519.253.15$7,383
Sep 19971711,37217.742.95$7,088
Aug 199701,32317.862.55$3,380
Jul 19971691,31917.582.25$5,935
Jun 19971731,23217.242.26$5,763
May 199701,25218.972.31$2,890
Apr 19971631,16417.882.08$5,339
Mar 19971731,21818.951.94$5,640
Feb 199701,20520.492.21$2,658
Jan 19971681,25023.483.54$8,369
Dec 19961751,26023.32$4,081
Nov 19961741,23921.97$3,823
Oct 1996172023.31$4,009
Sep 19961721,17922.22$3,822
Aug 199601,16920.26$0
Jul 19961721,19319.55$3,363
Jun 19961731,05118.73$3,240
May 19961741,20219.43$3,381
Apr 19961741,20521.51$3,743
Mar 19961741,39919.38$3,372
Feb 19961761,29516.98$2,988
Jan 199601,30017.07$0
Dec 19951741,40317.19$2,991
Nov 19951721,02116.00$2,752
Oct 19951721,25515.43$2,654
Sep 19951761,24516.18$2,848
Aug 19951701,32715.92$2,706
Jul 199501,46815.24$0
Jun 19951621,46516.41$2,658
May 19951731,45417.56$3,038
Apr 19951651,37617.73$2,925
Mar 19951641,39116.44$2,696
Feb 19951651,28116.58$2,736
Jan 19950015.92$0
Dec 19941751,32015.03$2,630
Nov 19941741,26915.90$2,767
Oct 19941701,44015.58$2,649
Sep 19941701,48615.29$2,599
Aug 19941741,53316.13$2,807
Jul 19941701,37917.56$2,985
Jun 19943401,32817.09$5,811
May 19941761,34215.88$2,795
Apr 19941701,36914.14$2,404
Mar 19941761,51412.46$2,193
Feb 19941791,36312.50$2,238
Jan 19941731,58512.66$2,190
Dec 19931781,85612.33$2,195
Nov 19933431,72614.49$4,970
Oct 19931761,78315.85$2,790
Sep 19933411,66115.03$5,125
Aug 19931731,62115.66$2,709
Jul 19933371,67215.46$5,210
Jun 19931691,67816.79$2,838
May 19933501,75517.68$6,188
Apr 19931751,82918.05$3,159
Mar 19933511,87418.14$6,367
Feb 19931731,87217.90$3,097
Jan 19933562,29916.93$6,027

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.

Dec 2015 — as filed, then multipliedworked
Oil                    0 bbl  × $ 32.36 =         $0
Casinghead gas       112 Mcf  × $  2.00 =       $224

────────────────────────────────────────────────────
Month total                                     $224

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/20138 is the state's own key, not one this site invented.