FREEMAN, J. M.

Operated by BENSON & SCHOEN OIL CO., INC. (P-5 65970) in the WHITE FLAT (NOODLE CREEK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 26266District 7BField 96907586Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$352 k
Jan 1993 – Apr 1999
Value, last 12 filed months
$4 k
at the published price for each month
Months reported
76
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 17 leases and 18 wells, and the rule below applies to all of them.

Discovered
1991-07-12
as the register files it
Field class
Oil
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 1993-08-23.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: TEMP. FLD. RULES MADE PERMANENT PER DKT#7B-0202027 EFF. 8/23/93.

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
OilDisposition21,411 bbl$351,689
Casinghead gasProduction2,016 Mcf$0
Total$351,689

2,016 Mcf of this lease's gas, across 41 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 32.4927, -100.1766. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.49271, -100.17657 · 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
5,549 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
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 5,549 ft.

Plug dates filed
Oct 1998
1 of 1 wells

1 well

42-3530105715,549 ftOct 1998Yes

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 (76)

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

76 months

Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 199910009.981.82$998
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 199838010.892.19$414
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 1998179011.742.24$2,101
Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 19980013.042.51$0
Mar 19980012.802.31$0
Feb 1998182013.952.30$2,539
Jan 1998181014.702.15$2,661
Dec 19970016.322.41$0
Nov 199735018.193.09$637
Oct 1997362019.253.15$6,969
Sep 19970017.742.95$0
Aug 1997446017.862.55$7,966
Jul 19970017.582.25$0
Jun 19970017.242.26$0
May 19970018.972.31$0
Apr 19970017.882.08$0
Mar 1997463018.951.94$8,774
Feb 19970020.492.21$0
Jan 19970023.483.54$0
Dec 19960023.32$0
Nov 1996439021.97$9,645
Oct 19960023.31$0
Sep 19960022.22$0
Aug 1996428020.26$8,671
Jul 19960019.55$0
Jun 19960018.73$0
May 1996452119.43$8,782
Apr 19960521.51$0
Mar 19960919.38$0
Feb 1996424716.98$7,200
Jan 199601617.07$0
Dec 19954591717.19$7,890
Nov 199501516.00$0
Oct 19954371015.43$6,743
Sep 199501316.18$0
Aug 19954481315.92$7,132
Jul 199501715.24$0
Jun 19954363316.41$7,155
May 199503517.56$0
Apr 19954614917.73$8,174
Mar 19954481416.44$7,365
Feb 19954571316.58$7,577
Jan 199504015.92$0
Dec 19944462415.03$6,703
Nov 19944582015.90$7,282
Oct 19944302115.58$6,699
Sep 19944602315.29$7,033
Aug 19944362516.13$7,033
Jul 199402817.56$0
Jun 19944533517.09$7,742
May 19944406815.88$6,987
Apr 19944614014.14$6,519
Mar 19944433212.46$5,520
Feb 19944653212.50$5,813
Jan 19944455212.66$5,634
Dec 19934677912.33$5,758
Nov 19934437814.49$6,419
Oct 19939098315.85$14,408
Sep 19934647915.03$6,974
Aug 199343911215.66$6,875
Jul 19939039115.46$13,960
Jun 19938989816.79$15,077
May 199346512617.68$8,221
Apr 199391212818.05$16,462
Mar 19931,36617618.14$24,779
Feb 199393010017.90$16,647
Jan 19931,40315916.93$23,753

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.

Feb 1999 — as filed, then multipliedworked
Oil                  100 bbl  × $  9.98 =       $998
Casinghead gas         0 Mcf  × $  1.82 =         $0

────────────────────────────────────────────────────
Month total                                     $998

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/26266 is the state's own key, not one this site invented.