WELLS, A.E.

Name: WELLS, A.E. lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by MKS NATURAL GAS COMPANY (P-5 518491) in the POOLVILLE, W. (STRAWN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 23318District 7BField 72307800OilCasinghead gasSave Export

Value, all time

$68 k

Jan 1993 – Feb 2007

Value, last 12 filed months

$57

at the published price for each month

Months reported

170

no gaps in the span

Streams

oil, casinghead gas

The POOLVILLE, W. (STRAWN) field

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 18 leases and 19 wells, and the rule below applies to all of them.

Discovered

1959-03-28

as the register files it

Field class

Oil and gas

the register's own label

Between wells

1,200 ft

minimum

From a lease line

467 ft

minimum

A drilling unit in this field needs at least 160 acres.

The Commission's schedule remark for this field reads: “7B-76,853; EFF. 9/1/81”

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.

Stream	Basis	Volume	Value
Oil	Disposition	2,291 bbl	$42,494
Casinghead gas	Production	10,787 Mcf	$25,631
Total			$68,125

3,454 Mcf of this lease's gas, across 44 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 32.9757, -97.8954. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

32.97570, -97.89540 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

0.0%

0 of 2 wells

Median depth

2,805 ft

2 wells filed one

Completion to plug

—

no well filed both dates

What the state filed about each well

On the RRC proration schedule

2100.0%

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

Between 2,800 and 2,810 ft, median 2,805 ft, over the 2 wells that filed a depth.

Completions filed

Jan 1986 – Jan 1987

2 of 2 wells

2 wells


42-36733015	2	2,800 ft	Jan 1987	—	Yes
42-36732954	1	2,810 ft	Jan 1986	—	Yes

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 (170)

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

170 months


Feb 2007	0	0	55.10	8.22	$0
Jan 2007	0	0	50.30	6.73	$0
Dec 2006	1	0	56.65	6.92	$57
Nov 2006	0	0	54.20	7.62	$0
Oct 2006	0	0	54.90	6.01	$0
Sep 2006	0	0	60.08	5.04	$0
Aug 2006	0	0	68.71	7.34	$0
Jul 2006	0	0	69.37	6.34	$0
Jun 2006	0	0	66.28	6.38	$0
May 2006	0	0	66.01	6.42	$0
Apr 2006	0	0	64.39	7.36	$0
Mar 2006	0	0	56.70	7.08	$0
Feb 2006	0	0	57.59	7.75	$0
Jan 2006	0	0	60.59	8.93	$0
Dec 2005	0	0	54.94	13.42	$0
Nov 2005	0	0	54.69	10.59	$0
Oct 2005	0	0	58.34	13.80	$0
Sep 2005	0	0	61.45	12.08	$0
Aug 2005	0	0	61.51	9.80	$0
Jul 2005	0	14	55.69	7.84	$110
Jun 2005	0	0	52.33	7.38	$0
May 2005	0	0	45.22	6.65	$0
Apr 2005	0	0	49.20	7.36	$0
Mar 2005	0	0	50.37	7.15	$0
Feb 2005	0	0	45.22	6.31	$0
Jan 2005	0	0	43.16	6.32	$0
Dec 2004	0	0	39.86	6.75	$0
Nov 2004	0	0	45.28	6.33	$0
Oct 2004	0	0	49.70	6.52	$0
Sep 2004	0	0	43.24	5.28	$0
Aug 2004	0	0	42.37	5.55	$0
Jul 2004	66	0	38.28	6.08	$2,526
Jun 2004	0	45	36.10	6.43	$289
May 2004	0	53	37.48	6.49	$344
Apr 2004	0	0	34.47	5.86	$0
Mar 2004	0	24	34.36	5.53	$133
Feb 2004	0	23	32.45	5.51	$127
Jan 2004	0	74	32.03	6.30	$466
Dec 2003	73	15	30.26	6.30	$2,304
Nov 2003	0	34	28.80	4.60	$156
Oct 2003	0	54	28.17	4.76	$257
Sep 2003	0	63	26.31	4.75	$299
Aug 2003	0	24	29.76	5.13	$123
Jul 2003	0	22	29.41	5.17	$114
Jun 2003	0	56	28.56	5.98	$335
May 2003	0	63	26.59	5.97	$376
Apr 2003	0	87	26.67	5.41	$470
Mar 2003	0	60	31.14	6.10	$366
Feb 2003	0	147	33.48	7.93	$1,165
Jan 2003	0	21	30.31	5.58	$117
Dec 2002	0	12	26.91	4.85	$58
Nov 2002	60	0	24.66	4.14	$1,480
Oct 2002	0	79	26.46	4.23	$334
Sep 2002	0	56	27.44	3.64	$204
Aug 2002	0	35	25.96	3.16	$111
Jul 2002	0	98	24.58	3.06	$300
Jun 2002	0	50	23.73	3.34	$167
May 2002	0	129	24.66	3.58	$462
Apr 2002	0	100	23.65	3.51	$351
Mar 2002	0	31	22.00	3.10	$96
Feb 2002	0	30	18.22	2.38	$71
Jan 2002	0	58	17.17	2.38	$138
Dec 2001	70	43	16.93	2.36	$1,287
Nov 2001	0	81	18.07	2.41	$195
Oct 2001	0	84	19.78	2.53	$212
Sep 2001	0	72	24.26	2.25	$162
Aug 2001	0	72	24.87	3.05	$220
Jul 2001	0	65	23.93	3.20	$208
Jun 2001	0	143	24.56	3.82	$547
May 2001	0	22	25.52	4.31	$95
Apr 2001	0	118	24.68	5.34	$630
Mar 2001	0	155	24.54	5.38	$833
Feb 2001	0	116	27.75	5.77	$669
Jan 2001	69	124	27.47	8.40	$2,937
Dec 2000	0	115	26.88	9.12	$1,049
Nov 2000	0	91	32.21	5.66	$515
Oct 2000	0	119	31.23	5.15	$612
Sep 2000	46	84	31.87	5.19	$1,902
Aug 2000	0	138	29.64	4.54	$627
Jul 2000	0	64	28.53	4.09	$262
Jun 2000	72	70	29.30	4.40	$2,417
May 2000	0	35	27.26	3.68	$129
Apr 2000	0	64	24.51	3.12	$199
Mar 2000	0	84	28.42	2.86	$240
Feb 2000	0	96	27.62	2.73	$262
Jan 2000	63	86	25.27	2.48	$1,805
Dec 1999	0	114	24.28	2.42	$276
Nov 1999	0	103	23.19	2.43	$251
Oct 1999	65	127	20.98	2.80	$1,720
Sep 1999	0	102	21.75	2.62	$267
Aug 1999	0	109	19.26	2.88	$313
Jul 1999	0	60	17.89	2.37	$142
Jun 1999	0	7	15.94	2.36	$17
May 1999	0	26	15.79	2.32	$60
Apr 1999	0	90	15.10	2.21	$199
Mar 1999	67	150	12.47	1.84	$1,111
Feb 1999	0	94	9.98	1.82	$171
Jan 1999	0	127	10.38	1.90	$241
Dec 1998	0	109	9.20	1.77	$193
Nov 1998	0	132	10.89	2.19	$289
Oct 1998	78	160	12.42	1.97	$1,284
Sep 1998	0	146	12.59	2.08	$304
Aug 1998	0	125	11.30	1.91	$238
Jul 1998	73	115	11.74	2.24	$1,114
Jun 1998	0	73	11.24	2.24	$163
May 1998	0	119	12.62	2.21	$263
Apr 1998	76	166	13.04	2.51	$1,407
Mar 1998	0	130	12.80	2.31	$300
Feb 1998	0	151	13.95	2.30	$347
Jan 1998	0	272	14.70	2.15	$586
Dec 1997	0	134	16.32	2.41	$323
Nov 1997	0	15	18.19	3.09	$46
Oct 1997	0	62	19.25	3.15	$195
Sep 1997	0	53	17.74	2.95	$157
Aug 1997	0	46	17.86	2.55	$118
Jul 1997	68	8	17.58	2.25	$1,213
Jun 1997	0	103	17.24	2.26	$232
May 1997	0	158	18.97	2.31	$365
Apr 1997	0	160	17.88	2.08	$333
Mar 1997	78	46	18.95	1.94	$1,567
Feb 1997	0	30	20.49	2.21	$66
Jan 1997	0	13	23.48	3.54	$46
Dec 1996	0	22	23.32	—	$0
Nov 1996	73	33	21.97	—	$1,604
Oct 1996	0	40	23.31	—	$0
Sep 1996	0	37	22.22	—	$0
Aug 1996	80	20	20.26	—	$1,621
Jul 1996	0	35	19.55	—	$0
Jun 1996	0	50	18.73	—	$0
May 1996	0	9	19.43	—	$0
Apr 1996	0	15	21.51	—	$0
Mar 1996	0	29	19.38	—	$0
Feb 1996	0	14	16.98	—	$0
Jan 1996	70	31	17.07	—	$1,195
Dec 1995	0	36	17.19	—	$0
Nov 1995	0	36	16.00	—	$0
Oct 1995	0	39	15.43	—	$0
Sep 1995	65	38	16.18	—	$1,052
Aug 1995	0	79	15.92	—	$0
Jul 1995	0	92	15.24	—	$0
Jun 1995	83	85	16.41	—	$1,362
May 1995	0	108	17.56	—	$0
Apr 1995	0	89	17.73	—	$0
Mar 1995	0	50	16.44	—	$0
Feb 1995	82	62	16.58	—	$1,360
Jan 1995	0	94	15.92	—	$0
Dec 1994	0	74	15.03	—	$0
Nov 1994	0	77	15.90	—	$0
Oct 1994	67	98	15.58	—	$1,044
Sep 1994	0	115	15.29	—	$0
Aug 1994	75	85	16.13	—	$1,210
Jul 1994	0	226	17.56	—	$0
Jun 1994	0	136	17.09	—	$0
May 1994	74	121	15.88	—	$1,175
Apr 1994	0	118	14.14	—	$0
Mar 1994	81	140	12.46	—	$1,009
Feb 1994	0	120	12.50	—	$0
Jan 1994	69	81	12.66	—	$874
Dec 1993	50	94	12.33	—	$617
Nov 1993	142	216	14.49	—	$2,058
Oct 1993	85	96	15.85	—	$1,347
Sep 1993	0	73	15.03	—	$0
Aug 1993	84	85	15.66	—	$1,315
Jul 1993	0	92	15.46	—	$0
Jun 1993	86	137	16.79	—	$1,444
May 1993	0	127	17.68	—	$0
Apr 1993	0	0	18.05	—	$0
Mar 1993	0	0	18.14	—	$0
Feb 1993	0	0	17.90	—	$0
Jan 1993	0	0	16.93	—	$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.

Dec 2006 — as filed, then multipliedworked

Oil                    1 bbl  × $ 56.65 =        $57
Casinghead gas         0 Mcf  × $  6.92 =         $0

────────────────────────────────────────────────────
Month total                                      $57

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/23318 is the state's own key, not one this site invented.