NT UNIT

Operated by TKP PETROLEUM, INC. (P-5 860891) in the RULE WEST (STRAWN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 25965District 7BField 78887450OilCasinghead gasSaveExport
Value, all time
$605 k
Jan 1993 – Aug 1998
Value, last 12 filed months
$41 k
at the published price for each month
Months reported
68
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 11 leases and 34 wells, and the rule below applies to all of them.

Discovered
1990-02-27
as the register files it
Field class
Oil
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 40 acres. The field rule took effect on 1990-07-26.

The Commission's schedule remark for this field reads: FLD. RULES PER DKT#7B-95008 EFF. 7/26/90.

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
OilDisposition36,830 bbl$605,435
Casinghead gasProduction21 Mcf$0
Total$605,435

21 Mcf of this lease's gas, across 21 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 33.1842, -99.9761. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.18421, -99.97609 · 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
5,010 ft
1 wells filed one
Completion to plug
10.5 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 5,010 ft.

Completions filed
Oct 1990
1 of 1 wells
Plug dates filed
Apr 2001
1 of 1 wells

Last completion to plug: a median of 10.5 years across the 1 well that filed both dates, with the middle half between 10.5 years and 10.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2073209015,010 ftOct 1990Apr 2001Yes

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 (68)

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

68 months

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 1998493012.802.31$6,310
Feb 1998346013.952.30$4,827
Jan 1998343014.702.15$5,042
Dec 1997341016.322.41$5,565
Nov 1997350018.193.09$6,367
Oct 1997346019.253.15$6,661
Sep 1997350017.742.95$6,209
Aug 1997354017.862.55$6,322
Jul 1997177017.582.25$3,112
Jun 1997180017.242.26$3,103
May 1997339018.972.31$6,431
Apr 1997178017.882.08$3,183
Mar 1997170018.951.94$3,222
Feb 1997341020.492.21$6,987
Jan 1997176023.483.54$4,132
Dec 1996347023.32$8,092
Nov 1996356021.97$7,821
Oct 1996344023.31$8,019
Sep 1996347022.22$7,710
Aug 1996355020.26$7,192
Jul 1996539019.55$10,537
Jun 1996342018.73$6,406
May 1996361019.43$7,014
Apr 1996537021.51$11,551
Mar 1996347019.38$6,725
Feb 1996338016.98$5,739
Jan 1996532017.07$9,081
Dec 1995361017.19$6,206
Nov 1995512016.00$8,192
Oct 1995532015.43$8,209
Sep 1995354016.18$5,728
Aug 1995708015.92$11,271
Jul 1995512015.24$7,803
Jun 1995359016.41$5,891
May 1995698017.56$12,257
Apr 1995673017.73$11,932
Mar 1995515016.44$8,467
Feb 1995507016.58$8,406
Jan 1995819015.92$13,038
Dec 1994665015.03$9,995
Nov 1994692015.90$11,003
Oct 1994668015.58$10,407
Sep 1994682115.29$10,428
Aug 1994852116.13$13,743
Jul 1994663117.56$11,642
Jun 1994826117.09$14,116
May 1994848115.88$13,466
Apr 1994855114.14$12,090
Mar 19941,192112.46$14,852
Feb 1994700112.50$8,750
Jan 1994844112.66$10,685
Dec 19931,131112.33$13,945
Nov 1993866114.49$12,548
Oct 19931,187115.85$18,814
Sep 19931,204115.03$18,096
Aug 19931,178115.66$18,447
Jul 19931,369115.46$21,165
Jun 19931,580116.79$26,528
May 1993852117.68$15,063
Apr 1993514118.05$9,278
Mar 1993516118.14$9,360
Feb 1993510117.90$9,129
Jan 1993657116.93$11,123

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.

Mar 1998 — as filed, then multipliedworked
Oil                  493 bbl  × $ 12.80 =     $6,310
Casinghead gas         0 Mcf  × $  2.31 =         $0

────────────────────────────────────────────────────
Month total                                   $6,310

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/25965 is the state's own key, not one this site invented.