EDITH BACHMAN

Operated by SMITH, W. DON (P-5 796705) in the MILLS (CADDO) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 24471District 7BField 61659250OilCasinghead gasSaveExport
Value, all time
$65 k
Jan 1993 – Aug 1999
Value, last 12 filed months
$1 k
at the published price for each month
Months reported
80
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 3 leases and 3 wells, and the rule below applies to all of them.

Discovered
1950-03-01
as the register files it
Field class
Oil
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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
OilDisposition4,044 bbl$64,917
Casinghead gasProduction20 Mcf$0
Total$64,917

20 Mcf of this lease's gas, across 20 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 33.2178, -99.1474. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.21785, -99.14739 · 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
100.0%
1 of 1 wells
Median depth
4,990 ft
1 wells filed one
Completion to plug
11.8 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
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 4,990 ft.

Completions filed
Jul 1987
1 of 1 wells
Plug dates filed
May 1999
1 of 1 wells

Last completion to plug: a median of 11.8 years across the 1 well that filed both dates, with the middle half between 11.8 years and 11.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4473427814,990 ftJul 1987May 1999Yes

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 (80)

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

80 months

Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 199963015.942.36$1,004
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 19980013.042.51$0
Mar 19980012.802.31$0
Feb 19980013.952.30$0
Jan 19980014.702.15$0
Dec 19970016.322.41$0
Nov 19970018.193.09$0
Oct 19970019.253.15$0
Sep 19970017.742.95$0
Aug 19970017.862.55$0
Jul 19970017.582.25$0
Jun 19970017.242.26$0
May 19970018.972.31$0
Apr 19970017.882.08$0
Mar 19970018.951.94$0
Feb 19970020.492.21$0
Jan 19970023.483.54$0
Dec 19960023.32$0
Nov 19960021.97$0
Oct 19960023.31$0
Sep 19960022.22$0
Aug 19960020.26$0
Jul 19960019.55$0
Jun 19960018.73$0
May 19960019.43$0
Apr 19960021.51$0
Mar 19960019.38$0
Feb 19960016.98$0
Jan 199686017.07$1,468
Dec 1995153017.19$2,630
Nov 1995148016.00$2,368
Oct 19950015.43$0
Sep 1995143016.18$2,314
Aug 1995178015.92$2,834
Jul 19950015.24$0
Jun 1995177016.41$2,905
May 19950017.56$0
Apr 1995144017.73$2,553
Mar 1995101016.44$1,660
Feb 1995122016.58$2,023
Jan 199558015.92$923
Dec 199497015.03$1,458
Nov 19940015.90$0
Oct 1994112015.58$1,745
Sep 1994112015.29$1,712
Aug 1994178116.13$2,871
Jul 1994178117.56$3,126
Jun 1994147117.09$2,512
May 199471115.88$1,127
Apr 199496114.14$1,357
Mar 1994104112.46$1,296
Feb 199460112.50$750
Jan 199493112.66$1,177
Dec 1993127112.33$1,566
Nov 1993102114.49$1,478
Oct 1993124115.85$1,965
Sep 1993107115.03$1,608
Aug 1993100115.66$1,566
Jul 1993122115.46$1,886
Jun 1993122116.79$2,048
May 1993129117.68$2,281
Apr 1993118118.05$2,130
Mar 1993143118.14$2,594
Feb 1993106117.90$1,897
Jan 1993123116.93$2,082

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 1999 — as filed, then multipliedworked
Oil                   63 bbl  × $ 15.94 =     $1,004
Casinghead gas         0 Mcf  × $  2.36 =         $0

────────────────────────────────────────────────────
Month total                                   $1,004

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/24471 is the state's own key, not one this site invented.