DRAKE-JONES CADDO UNIT

Name: DRAKE-JONES CADDO UNIT lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by STATEX OPERATING, LLC (P-5 816118) in the STEPHENS COUNTY REGULAR field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 26401District 7BField 85948001Hydrogen sulphide fieldOilCasinghead gasSave Export

Value, all time

$3.9 M

Jan 1993 – May 2003

Value, last 12 filed months

$80 k

at the published price for each month

Months reported

125

no gaps in the span

Streams

oil, casinghead gas

The STEPHENS COUNTY REGULAR 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 1,255 leases and 4,008 wells, and the rule below applies to all of them.

Discovered

1916-12-31

as the register files it

Field class

Oil and gas

the register's own label

Between wells

—

no field rule filed

From a lease line

—

no field rule filed

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: “CLASS 4 W/DAILY 150 = 6000 TO 8000'”

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	223,493 bbl	$3,911,131
Casinghead gas	Production	1,285 Mcf	$0
Total			$3,911,131

1,285 Mcf of this lease's gas, across 22 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 (28)

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 32.7096, -98.9885. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.1 miles.

32.70983, -98.98817 · 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%

28 of 28 wells

With a plug date

100.0%

28 of 28 wells

Median depth

3,224 ft

28 wells filed one

Completion to plug

11.8 years

median over 23 wells

What the state filed about each well

On the RRC proration schedule

28100.0%

A plug date is filed

28100.0%

BothOn the schedule and plugged. Neither fact cancels the other.

28100.0%

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

Total depth in feet, 28 of 28 wells. Median 3,224 ft, with the middle half between 3,207 and 3,281 ft; the shallowest is 3,168 ft and the deepest 4,156 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

Last completion by decade, 23 of 28 wells, Mar 1976 – Sep 1997. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed

Mar 1976 – Sep 1997

23 of 28 wells; 5 filed none

Plug dates filed

Feb 1992 – Mar 2003

28 of 28 wells

Last completion to plug: a median of 11.8 years across the 23 wells that filed both dates, with the middle half between 9.1 years and 21.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

28 wells


42-42901142	704	3,175 ft	—	Feb 1992	Yes
42-42901143	705	3,171 ft	—	Feb 1992	Yes
42-42930133	101	3,225 ft	—	Mar 2001	Yes
42-42980516	203	3,195 ft	—	Aug 1999	Yes
42-42980883	710	3,180 ft	—	Nov 1999	Yes
42-42931148	207	3,209 ft	Sep 1997	Mar 2003	Yes
42-42935564	719	4,156 ft	May 1996	Mar 2003	Yes
42-42935565	720	3,268 ft	Apr 1996	Apr 2001	Yes
42-42935346	717	3,300 ft	Aug 1992	Mar 2003	Yes
42-42935345	209	3,300 ft	Aug 1992	Apr 2001	Yes
42-42935327	718	3,300 ft	Mar 1992	Apr 2001	Yes
42-42935313	505	3,295 ft	Mar 1992	Mar 2001	Yes
42-42931063	102	3,194 ft	Feb 1992	Mar 2003	Yes
42-42935307	716	3,298 ft	Dec 1991	Mar 2001	Yes
42-42935305	208	3,300 ft	Dec 1991	Mar 2001	Yes
42-42904293	712	3,168 ft	Aug 1991	Nov 1999	Yes
42-42930966	715	3,222 ft	Jun 1991	Mar 2003	Yes
42-42930941	601	3,218 ft	Aug 1988	Apr 2001	Yes
42-42932549	401	3,275 ft	Jun 1987	Mar 2001	Yes
42-42931787	105	3,218 ft	Jul 1986	Mar 2001	Yes
42-42932496	504	3,276 ft	Jun 1986	Dec 1999	Yes
42-42932255	301	3,234 ft	Jan 1980	Aug 1999	Yes
42-42930943	503	3,275 ft	May 1976	Mar 2001	Yes
42-42930967	714	3,216 ft	May 1976	Mar 2003	Yes
42-42930965	713	3,200 ft	May 1976	Mar 2003	Yes
42-42930942	502	3,273 ft	Apr 1976	Oct 1999	Yes
42-42930932	104	3,209 ft	Apr 1976	Oct 1999	Yes
42-42930931	103	3,213 ft	Mar 1976	Mar 2001	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 (125)

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

125 months


May 2003	0	0	26.59	5.97	$0
Apr 2003	0	0	26.67	5.41	$0
Mar 2003	79	0	31.14	6.10	$2,460
Feb 2003	0	0	33.48	7.93	$0
Jan 2003	172	0	30.31	5.58	$5,213
Dec 2002	516	0	26.91	4.85	$13,886
Nov 2002	357	0	24.66	4.14	$8,804
Oct 2002	536	0	26.46	4.23	$14,183
Sep 2002	348	0	27.44	3.64	$9,549
Aug 2002	350	0	25.96	3.16	$9,086
Jul 2002	354	0	24.58	3.06	$8,701
Jun 2002	348	0	23.73	3.34	$8,258
May 2002	507	0	24.66	3.58	$12,503
Apr 2002	528	0	23.65	3.51	$12,487
Mar 2002	532	0	22.00	3.10	$11,704
Feb 2002	520	0	18.22	2.38	$9,474
Jan 2002	353	0	17.17	2.38	$6,061
Dec 2001	538	0	16.93	2.36	$9,108
Nov 2001	524	0	18.07	2.41	$9,469
Oct 2001	358	0	19.78	2.53	$7,081
Sep 2001	349	0	24.26	2.25	$8,467
Aug 2001	350	0	24.87	3.05	$8,705
Jul 2001	696	0	23.93	3.20	$16,655
Jun 2001	525	0	24.56	3.82	$12,894
May 2001	518	0	25.52	4.31	$13,219
Apr 2001	525	0	24.68	5.34	$12,957
Mar 2001	713	0	24.54	5.38	$17,497
Feb 2001	685	0	27.75	5.77	$19,009
Jan 2001	544	0	27.47	8.40	$14,944
Dec 2000	707	0	26.88	9.12	$19,004
Nov 2000	176	0	32.21	5.66	$5,669
Oct 2000	540	0	31.23	5.15	$16,864
Sep 2000	525	0	31.87	5.19	$16,732
Aug 2000	512	0	29.64	4.54	$15,176
Jul 2000	884	0	28.53	4.09	$25,221
Jun 2000	522	0	29.30	4.40	$15,295
May 2000	522	0	27.26	3.68	$14,230
Apr 2000	873	0	24.51	3.12	$21,397
Mar 2000	703	0	28.42	2.86	$19,979
Feb 2000	700	0	27.62	2.73	$19,334
Jan 2000	1,030	0	25.27	2.48	$26,028
Dec 1999	691	0	24.28	2.42	$16,777
Nov 1999	354	0	23.19	2.43	$8,209
Oct 1999	176	0	20.98	2.80	$3,692
Sep 1999	858	0	21.75	2.62	$18,662
Aug 1999	865	0	19.26	2.88	$16,660
Jul 1999	1,145	0	17.89	2.37	$20,484
Jun 1999	684	0	15.94	2.36	$10,903
May 1999	856	0	15.79	2.32	$13,516
Apr 1999	845	0	15.10	2.21	$12,760
Mar 1999	539	0	12.47	1.84	$6,721
Feb 1999	499	0	9.98	1.82	$4,980
Jan 1999	703	0	10.38	1.90	$7,297
Dec 1998	709	0	9.20	1.77	$6,523
Nov 1998	1,053	0	10.89	2.19	$11,467
Oct 1998	1,197	0	12.42	1.97	$14,867
Sep 1998	670	0	12.59	2.08	$8,435
Aug 1998	1,033	0	11.30	1.91	$11,673
Jul 1998	1,043	0	11.74	2.24	$12,245
Jun 1998	1,201	0	11.24	2.24	$13,499
May 1998	1,367	0	12.62	2.21	$17,252
Apr 1998	1,042	0	13.04	2.51	$13,588
Mar 1998	872	0	12.80	2.31	$11,162
Feb 1998	1,058	0	13.95	2.30	$14,759
Jan 1998	1,211	0	14.70	2.15	$17,802
Dec 1997	1,397	0	16.32	2.41	$22,799
Nov 1997	1,925	0	18.19	3.09	$35,016
Oct 1997	1,986	0	19.25	3.15	$38,231
Sep 1997	1,266	0	17.74	2.95	$22,459
Aug 1997	1,790	0	17.86	2.55	$31,969
Jul 1997	1,757	0	17.58	2.25	$30,888
Jun 1997	2,157	0	17.24	2.26	$37,187
May 1997	1,406	0	18.97	2.31	$26,672
Apr 1997	1,816	0	17.88	2.08	$32,470
Mar 1997	1,970	0	18.95	1.94	$37,332
Feb 1997	2,126	0	20.49	2.21	$43,562
Jan 1997	2,651	0	23.48	3.54	$62,245
Dec 1996	2,512	0	23.32	—	$58,580
Nov 1996	2,179	0	21.97	—	$47,873
Oct 1996	2,506	0	23.31	—	$58,415
Sep 1996	2,517	1,264	22.22	—	$55,928
Aug 1996	2,317	0	20.26	—	$46,942
Jul 1996	3,208	0	19.55	—	$62,716
Jun 1996	3,487	0	18.73	—	$65,312
May 1996	4,119	0	19.43	—	$80,032
Apr 1996	3,066	0	21.51	—	$65,950
Mar 1996	2,515	0	19.38	—	$48,741
Feb 1996	2,309	0	16.98	—	$39,207
Jan 1996	2,513	0	17.07	—	$42,897
Dec 1995	2,320	0	17.19	—	$39,881
Nov 1995	2,470	0	16.00	—	$39,520
Oct 1995	2,695	0	15.43	—	$41,584
Sep 1995	2,676	0	16.18	—	$43,298
Aug 1995	2,879	0	15.92	—	$45,834
Jul 1995	3,004	0	15.24	—	$45,781
Jun 1995	3,321	0	16.41	—	$54,498
May 1995	3,011	0	17.56	—	$52,873
Apr 1995	3,199	0	17.73	—	$56,718
Mar 1995	3,587	0	16.44	—	$58,970
Feb 1995	3,192	0	16.58	—	$52,923
Jan 1995	3,593	0	15.92	—	$57,201
Dec 1994	3,756	0	15.03	—	$56,453
Nov 1994	3,410	0	15.90	—	$54,219
Oct 1994	3,729	0	15.58	—	$58,098
Sep 1994	3,712	1	15.29	—	$56,756
Aug 1994	3,819	1	16.13	—	$61,600
Jul 1994	3,710	1	17.56	—	$65,148
Jun 1994	3,639	1	17.09	—	$62,191
May 1994	3,779	1	15.88	—	$60,011
Apr 1994	3,889	1	14.14	—	$54,990
Mar 1994	3,708	1	12.46	—	$46,202
Feb 1994	3,496	1	12.50	—	$43,700
Jan 1994	3,925	1	12.66	—	$49,691
Dec 1993	3,763	1	12.33	—	$46,398
Nov 1993	3,614	1	14.49	—	$52,367
Oct 1993	3,782	1	15.85	—	$59,945
Sep 1993	3,596	1	15.03	—	$54,048
Aug 1993	4,041	1	15.66	—	$63,282
Jul 1993	4,423	1	15.46	—	$68,380
Jun 1993	3,798	1	16.79	—	$63,768
May 1993	3,605	1	17.68	—	$63,736
Apr 1993	3,656	1	18.05	—	$65,991
Mar 1993	5,038	1	18.14	—	$91,389
Feb 1993	4,177	1	17.90	—	$74,768
Jan 1993	3,796	1	16.93	—	$64,266

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 2003 — as filed, then multipliedworked

Oil                   79 bbl  × $ 31.14 =     $2,460
Casinghead gas         0 Mcf  × $  6.10 =         $0

────────────────────────────────────────────────────
Month total                                   $2,460

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/26401 is the state's own key, not one this site invented.