CATON, NELL

Operated by BACON ENERGY (P-5 42398) 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 21460District 7BField 75095500NGPA filingOilCasinghead gasSaveExport
Value, all time
$147 k
Jan 1993 – Aug 2013
Value, last 12 filed months
$3 k
at the published price for each month
Months reported
248
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
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
OilDisposition1,764 bbl$42,167
Casinghead gasProduction44,576 Mcf$104,911
Total$147,077

19,242 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 (1)

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 32.4334, -98.8450. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.43339, -98.84496 · 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%
1 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
3,869 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
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

The one well that filed a depth was drilled to 3,869 ft.

Completions filed
Jul 1984
1 of 1 wells

1 well

42-1333583313,869 ftJul 1984Yes

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 (248)

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

248 months

Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 201237086.773.42$3,210
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
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 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
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 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 200702656.927.30$190
Feb 200702355.108.22$189
Jan 200702850.306.73$188
Dec 20061012256.656.92$5,874
Nov 200602854.207.62$213
Oct 200602454.906.01$144
Sep 200602460.085.04$121
Aug 200602168.717.34$154
Jul 200602469.376.34$152
Jun 200602566.286.38$160
May 200602166.016.42$135
Apr 200602264.397.36$162
Mar 200643056.707.08$439
Feb 200604357.597.75$333
Jan 2006018760.598.93$1,671
Dec 2005013754.9413.42$1,838
Nov 2005017454.6910.59$1,842
Oct 2005020058.3413.80$2,759
Sep 2005020361.4512.08$2,452
Aug 2005020561.519.80$2,008
Jul 2005020955.697.84$1,639
Jun 2005020652.337.38$1,520
May 2005020845.226.65$1,383
Apr 2005020949.207.36$1,538
Mar 2005019450.377.15$1,388
Feb 2005017745.226.31$1,117
Jan 2005016943.166.32$1,068
Dec 2004023139.866.75$1,560
Nov 2004019445.286.33$1,228
Oct 2004026649.706.52$1,733
Sep 2004018443.245.28$972
Aug 20047718842.375.55$4,306
Jul 2004017738.286.08$1,077
Jun 2004015536.106.43$997
May 2004013737.486.49$890
Apr 2004015734.475.86$920
Mar 2004015334.365.53$846
Feb 2004013332.455.51$733
Jan 2004014532.036.30$913
Dec 2003015730.266.30$989
Nov 20039114128.804.60$3,269
Oct 2003019228.174.76$914
Sep 2003022326.314.75$1,059
Aug 2003023529.765.13$1,205
Jul 2003022929.415.17$1,184
Jun 2003020128.565.98$1,203
May 2003022926.595.97$1,368
Apr 2003013826.675.41$746
Mar 2003012631.146.10$768
Feb 2003013733.487.93$1,086
Jan 2003015830.315.58$882
Dec 2002013326.914.85$646
Nov 2002018224.664.14$753
Oct 2002014226.464.23$601
Sep 2002018127.443.64$658
Aug 20025217225.963.16$1,894
Jul 2002019524.583.06$597
Jun 2002017423.733.34$581
May 2002022524.663.58$806
Apr 2002020423.653.51$717
Mar 2002018322.003.10$568
Feb 2002017618.222.38$418
Jan 2002010017.172.38$238
Dec 200104516.932.36$106
Nov 2001015818.072.41$380
Oct 20017421119.782.53$1,997
Sep 2001023724.262.25$534
Aug 2001120224.873.05$642
Jul 2001031223.933.20$997
Jun 2001114724.563.82$587
May 2001024125.524.31$1,038
Apr 2001121124.685.34$1,150
Mar 2001023424.545.38$1,258
Feb 2001122727.755.77$1,337
Jan 2001022527.478.40$1,890
Dec 2000021426.889.12$1,952
Nov 20006921632.215.66$3,445
Oct 2000024131.235.15$1,240
Sep 2000018731.875.19$970
Aug 2000024029.644.54$1,090
Jul 2000124928.534.09$1,047
Jun 2000024329.304.40$1,069
May 2000025627.263.68$942
Apr 2000023624.513.12$735
Mar 20007723828.422.86$2,869
Feb 2000023027.622.73$627
Jan 2000023525.272.48$583
Dec 1999024324.282.42$589
Nov 1999023923.192.43$582
Oct 1999028020.982.80$785
Sep 1999026821.752.62$702
Aug 1999128219.262.88$830
Jul 1999029117.892.37$690
Jun 199912027815.942.36$2,569
May 1999129115.792.32$691
Apr 1999027415.102.21$605
Mar 1999128912.471.84$544
Feb 199902519.981.82$456
Jan 1999130110.381.90$582
Dec 199803199.201.77$566
Nov 1998129110.892.19$647
Oct 1998029512.421.97$581
Sep 1998130212.592.08$642
Aug 1998031511.301.91$601
Jul 1998133211.742.24$755
Jun 1998031011.242.24$694
May 199815533812.622.21$2,702
Apr 1998030713.042.51$769
Mar 1998031612.802.31$730
Feb 1998128513.952.30$669
Jan 1998034414.702.15$741
Dec 1997029516.322.41$711
Nov 1997027518.193.09$849
Oct 1997031619.253.15$995
Sep 1997032417.742.95$957
Aug 1997033317.862.55$851
Jul 1997034517.582.25$775
Jun 1997035217.242.26$795
May 1997036318.972.31$838
Apr 199710032117.882.08$2,457
Mar 1997033118.951.94$642
Feb 1997028620.492.21$631
Jan 1997032523.483.54$1,150
Dec 1996032623.32$0
Nov 1996035421.97$0
Oct 199612835323.31$2,984
Sep 1996036122.22$0
Aug 1996037020.26$0
Jul 1996042119.55$0
Jun 1996040918.73$0
May 1996042419.43$0
Apr 1996040121.51$0
Mar 1996039919.38$0
Feb 1996038016.98$0
Jan 1996039617.07$0
Dec 199511733517.19$2,011
Nov 1995036816.00$0
Oct 1995040115.43$0
Sep 1995038916.18$0
Aug 1995038815.92$0
Jul 1995040715.24$0
Jun 1995041116.41$0
May 1995041117.56$0
Apr 19958838817.73$1,560
Mar 1995043116.44$0
Feb 1995037916.58$0
Jan 1995041215.92$0
Dec 1994040615.03$0
Nov 1994038215.90$0
Oct 1994038815.58$0
Sep 1994041115.29$0
Aug 1994041816.13$0
Jul 199411042417.56$1,932
Jun 1994041317.09$0
May 1994041215.88$0
Apr 1994040414.14$0
Mar 1994040712.46$0
Feb 1994035012.50$0
Jan 1994041612.66$0
Dec 1993043812.33$0
Nov 199317443414.49$2,521
Oct 1993045515.85$0
Sep 1993045815.03$0
Aug 1993048215.66$0
Jul 1993045615.46$0
Jun 1993042916.79$0
May 1993046217.68$0
Apr 1993139518.05$18
Mar 1993036918.14$0
Feb 1993034517.90$0
Jan 199317637416.93$2,980

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 2012 — as filed, then multipliedworked
Oil                   37 bbl  × $ 86.77 =     $3,210
Casinghead gas         0 Mcf  × $  3.42 =         $0

────────────────────────────────────────────────────
Month total                                   $3,210

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/21460 is the state's own key, not one this site invented.