O'DELL-GULLETT

Operated by SMITH PIPE OF ABILENE (P-5 794745) in the EASTLAND COUNTY REGULAR field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 26544District 7BField 27358001OilCasinghead gasSaveExport
Value, all time
$10 k
Jan 1993 – Jan 1998
Value, last 12 filed months
$3 k
at the published price for each month
Months reported
61
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 1,053 leases and 2,020 wells, and the rule below applies to all of them.

Discovered
1917-12-31
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

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
OilDisposition494 bbl$8,612
Casinghead gasProduction8,465 Mcf$1,418
Total$10,031

7,893 Mcf of this lease's gas, across 43 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 32.4004, -98.7458. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.40044, -98.74579 · 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
3,677 ft
1 wells filed one
Completion to plug
10.7 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 3,677 ft.

Completions filed
May 1987
1 of 1 wells
Plug dates filed
Jan 1998
1 of 1 wells

Last completion to plug: a median of 10.7 years across the 1 well that filed both dates, with the middle half between 10.7 years and 10.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-1333703213,677 ftMay 1987Jan 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 (61)

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

61 months

Jan 19980014.702.15$0
Dec 19970016.322.41$0
Nov 19970018.193.09$0
Oct 199721019.253.15$404
Sep 19970017.742.95$0
Aug 19970517.862.55$13
Jul 199703017.582.25$67
Jun 199704117.242.26$93
May 1997745118.972.31$1,522
Apr 199705817.882.08$121
Mar 1997015018.951.94$291
Feb 199709220.492.21$203
Jan 1997014523.483.54$513
Dec 1996018723.32$0
Nov 1996022321.97$0
Oct 1996025623.31$0
Sep 19960022.22$0
Aug 199604420.26$0
Jul 199605519.55$0
Jun 19960018.73$0
May 199606219.43$0
Apr 199604121.51$0
Mar 19960019.38$0
Feb 19960016.98$0
Jan 19960017.07$0
Dec 199504117.19$0
Nov 199502816.00$0
Oct 199506215.43$0
Sep 199504816.18$0
Aug 199503815.92$0
Jul 199505015.24$0
Jun 1995018016.41$0
May 1995018717.56$0
Apr 1995016817.73$0
Mar 1995016416.44$0
Feb 1995116816.58$17
Jan 1995118415.92$16
Dec 1994118415.03$15
Nov 1994017815.90$0
Oct 1994121615.58$16
Sep 1994122915.29$15
Aug 1994122716.13$16
Jul 19949222417.56$1,616
Jun 1994125117.09$17
May 1994010215.88$0
Apr 1994123914.14$14
Mar 1994223412.46$25
Feb 1994212012.50$25
Jan 1994121612.66$13
Dec 1993112512.33$12
Nov 1993224914.49$29
Oct 1993127015.85$16
Sep 1993130115.03$15
Aug 1993032315.66$0
Jul 199311630215.46$1,793
Jun 1993132316.79$17
May 1993130217.68$18
Apr 1993121718.05$18
Mar 199316832318.14$3,048
Feb 1993126817.90$18
Jan 1993128416.93$17

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.

Oct 1997 — as filed, then multipliedworked
Oil                   21 bbl  × $ 19.25 =       $404
Casinghead gas         0 Mcf  × $  3.15 =         $0

────────────────────────────────────────────────────
Month total                                     $404

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/26544 is the state's own key, not one this site invented.