STUART ESTATE "60"

Name: STUART ESTATE "60" lease production and value, Oct 1994 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by CUMMING COMPANY, INC. THE (P-5 194204) in the STRAWN, NW. (CONGLOMERATE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 27304District 7BField 86577100OilCasinghead gasSave Export

Value, all time

$465 k

Oct 1994 – Mar 2008

Value, last 12 filed months

at the published price for each month

Months reported

162

no gaps in the span

Streams

oil, casinghead gas

The STRAWN, NW. (CONGLOMERATE) 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 25 leases and 39 wells, and the rule below applies to all of them.

Discovered

1993-09-11

as the register files it

Field class

Oil and gas

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 20 acres. The field rule took effect on 1998-02-10.

The Commission's schedule remark for this field reads: “AOF-1 AND AOF-2 EFFECTIVE 03/01/2009.”

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	23,967 bbl	$416,690
Casinghead gas	Production	101,871 Mcf	$48,604
Total			$465,293

81,501 Mcf of this lease's gas, across 27 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 32.6775, -98.5558. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.67754, -98.55575 · 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%

1 of 1 wells

With a plug date

100.0%

1 of 1 wells

Median depth

3,850 ft

1 wells filed one

Completion to plug

5.5 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 3,850 ft.

Completions filed

Oct 1994

1 of 1 wells

Plug dates filed

Apr 2000

1 of 1 wells

Last completion to plug: a median of 5.5 years across the 1 well that filed both dates, with the middle half between 5.5 years and 5.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-36334313	3	3,850 ft	Oct 1994	Apr 2000	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 (162)

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

162 months


Mar 2008	0	0	101.90	9.66	$0
Feb 2008	0	0	92.53	8.77	$0
Jan 2008	0	0	90.38	8.21	$0
Dec 2007	0	0	88.33	7.30	$0
Nov 2007	0	0	91.67	7.29	$0
Oct 2007	0	0	82.85	6.92	$0
Sep 2007	0	0	75.84	6.24	$0
Aug 2007	0	0	69.06	6.39	$0
Jul 2007	0	0	70.90	6.39	$0
Jun 2007	0	0	62.00	7.55	$0
May 2007	0	0	58.74	7.85	$0
Apr 2007	0	0	59.61	7.81	$0
Mar 2007	0	0	56.92	7.30	$0
Feb 2007	0	0	55.10	8.22	$0
Jan 2007	0	0	50.30	6.73	$0
Dec 2006	0	0	56.65	6.92	$0
Nov 2006	0	0	54.20	7.62	$0
Oct 2006	0	0	54.90	6.01	$0
Sep 2006	0	0	60.08	5.04	$0
Aug 2006	0	0	68.71	7.34	$0
Jul 2006	0	0	69.37	6.34	$0
Jun 2006	0	0	66.28	6.38	$0
May 2006	0	0	66.01	6.42	$0
Apr 2006	0	0	64.39	7.36	$0
Mar 2006	0	0	56.70	7.08	$0
Feb 2006	0	0	57.59	7.75	$0
Jan 2006	0	0	60.59	8.93	$0
Dec 2005	0	0	54.94	13.42	$0
Nov 2005	0	0	54.69	10.59	$0
Oct 2005	0	0	58.34	13.80	$0
Sep 2005	0	0	61.45	12.08	$0
Aug 2005	0	0	61.51	9.80	$0
Jul 2005	0	0	55.69	7.84	$0
Jun 2005	0	0	52.33	7.38	$0
May 2005	0	0	45.22	6.65	$0
Apr 2005	0	0	49.20	7.36	$0
Mar 2005	0	0	50.37	7.15	$0
Feb 2005	0	0	45.22	6.31	$0
Jan 2005	0	0	43.16	6.32	$0
Dec 2004	0	0	39.86	6.75	$0
Nov 2004	0	0	45.28	6.33	$0
Oct 2004	0	0	49.70	6.52	$0
Sep 2004	60	0	43.24	5.28	$2,594
Aug 2004	0	0	42.37	5.55	$0
Jul 2004	0	0	38.28	6.08	$0
Jun 2004	0	0	36.10	6.43	$0
May 2004	0	0	37.48	6.49	$0
Apr 2004	0	0	34.47	5.86	$0
Mar 2004	0	0	34.36	5.53	$0
Feb 2004	0	0	32.45	5.51	$0
Jan 2004	0	0	32.03	6.30	$0
Dec 2003	0	0	30.26	6.30	$0
Nov 2003	0	0	28.80	4.60	$0
Oct 2003	0	0	28.17	4.76	$0
Sep 2003	0	0	26.31	4.75	$0
Aug 2003	0	0	29.76	5.13	$0
Jul 2003	0	0	29.41	5.17	$0
Jun 2003	0	0	28.56	5.98	$0
May 2003	0	0	26.59	5.97	$0
Apr 2003	0	0	26.67	5.41	$0
Mar 2003	0	0	31.14	6.10	$0
Feb 2003	0	0	33.48	7.93	$0
Jan 2003	0	0	30.31	5.58	$0
Dec 2002	0	0	26.91	4.85	$0
Nov 2002	0	0	24.66	4.14	$0
Oct 2002	0	0	26.46	4.23	$0
Sep 2002	0	0	27.44	3.64	$0
Aug 2002	0	0	25.96	3.16	$0
Jul 2002	0	0	24.58	3.06	$0
Jun 2002	0	0	23.73	3.34	$0
May 2002	0	0	24.66	3.58	$0
Apr 2002	0	0	23.65	3.51	$0
Mar 2002	0	0	22.00	3.10	$0
Feb 2002	0	0	18.22	2.38	$0
Jan 2002	0	0	17.17	2.38	$0
Dec 2001	0	0	16.93	2.36	$0
Nov 2001	0	0	18.07	2.41	$0
Oct 2001	0	0	19.78	2.53	$0
Sep 2001	0	0	24.26	2.25	$0
Aug 2001	0	0	24.87	3.05	$0
Jul 2001	0	0	23.93	3.20	$0
Jun 2001	0	0	24.56	3.82	$0
May 2001	0	0	25.52	4.31	$0
Apr 2001	0	0	24.68	5.34	$0
Mar 2001	0	0	24.54	5.38	$0
Feb 2001	0	0	27.75	5.77	$0
Jan 2001	0	0	27.47	8.40	$0
Dec 2000	0	0	26.88	9.12	$0
Nov 2000	0	0	32.21	5.66	$0
Oct 2000	0	0	31.23	5.15	$0
Sep 2000	0	0	31.87	5.19	$0
Aug 2000	0	0	29.64	4.54	$0
Jul 2000	0	0	28.53	4.09	$0
Jun 2000	0	0	29.30	4.40	$0
May 2000	0	0	27.26	3.68	$0
Apr 2000	0	0	24.51	3.12	$0
Mar 2000	0	0	28.42	2.86	$0
Feb 2000	0	0	27.62	2.73	$0
Jan 2000	0	0	25.27	2.48	$0
Dec 1999	0	116	24.28	2.42	$281
Nov 1999	0	126	23.19	2.43	$307
Oct 1999	91	145	20.98	2.80	$2,316
Sep 1999	0	166	21.75	2.62	$435
Aug 1999	0	253	19.26	2.88	$728
Jul 1999	0	282	17.89	2.37	$669
Jun 1999	0	291	15.94	2.36	$687
May 1999	0	308	15.79	2.32	$715
Apr 1999	0	331	15.10	2.21	$731
Mar 1999	0	347	12.47	1.84	$638
Feb 1999	173	389	9.98	1.82	$2,434
Jan 1999	0	401	10.38	1.90	$762
Dec 1998	0	372	9.20	1.77	$660
Nov 1998	0	374	10.89	2.19	$817
Oct 1998	171	401	12.42	1.97	$2,913
Sep 1998	0	456	12.59	2.08	$950
Aug 1998	0	537	11.30	1.91	$1,024
Jul 1998	154	555	11.74	2.24	$3,050
Jun 1998	0	556	11.24	2.24	$1,244
May 1998	0	555	12.62	2.21	$1,225
Apr 1998	172	568	13.04	2.51	$3,666
Mar 1998	175	609	12.80	2.31	$3,646
Feb 1998	0	587	13.95	2.30	$1,350
Jan 1998	0	646	14.70	2.15	$1,392
Dec 1997	175	733	16.32	2.41	$4,623
Nov 1997	0	650	18.19	3.09	$2,007
Oct 1997	171	480	19.25	3.15	$4,804
Sep 1997	172	686	17.74	2.95	$5,078
Aug 1997	0	769	17.86	2.55	$1,965
Jul 1997	172	702	17.58	2.25	$4,601
Jun 1997	0	879	17.24	2.26	$1,984
May 1997	170	1,001	18.97	2.31	$5,536
Apr 1997	162	1,151	17.88	2.08	$5,294
Mar 1997	168	1,199	18.95	1.94	$5,509
Feb 1997	164	1,190	20.49	2.21	$5,985
Jan 1997	321	1,559	23.48	3.54	$13,055
Dec 1996	169	1,885	23.32	—	$3,941
Nov 1996	316	2,291	21.97	—	$6,943
Oct 1996	341	3,262	23.31	—	$7,949
Sep 1996	338	3,652	22.22	—	$7,510
Aug 1996	494	4,937	20.26	—	$10,008
Jul 1996	623	5,788	19.55	—	$12,180
Jun 1996	786	6,867	18.73	—	$14,722
May 1996	1,151	6,322	19.43	—	$22,364
Apr 1996	832	6,546	21.51	—	$17,896
Mar 1996	1,139	8,117	19.38	—	$22,074
Feb 1996	584	936	16.98	—	$9,916
Jan 1996	0	462	17.07	—	$0
Dec 1995	177	1,215	17.19	—	$3,043
Nov 1995	344	1,816	16.00	—	$5,504
Oct 1995	171	1,127	15.43	—	$2,639
Sep 1995	0	661	16.18	—	$0
Aug 1995	326	1,523	15.92	—	$5,190
Jul 1995	498	1,827	15.24	—	$7,590
Jun 1995	675	1,926	16.41	—	$11,077
May 1995	495	2,443	17.56	—	$8,692
Apr 1995	1,344	2,532	17.73	—	$23,829
Mar 1995	1,529	2,482	16.44	—	$25,137
Feb 1995	1,546	2,118	16.58	—	$25,633
Jan 1995	1,896	2,394	15.92	—	$30,184
Dec 1994	1,768	2,323	15.03	—	$26,573
Nov 1994	1,687	2,067	15.90	—	$26,823
Oct 1994	2,067	3,982	15.58	—	$32,204

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.

Sep 2004 — as filed, then multipliedworked

Oil                   60 bbl  × $ 43.24 =     $2,594
Casinghead gas         0 Mcf  × $  5.28 =         $0

────────────────────────────────────────────────────
Month total                                   $2,594

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/27304 is the state's own key, not one this site invented.