ISBELL

Operated by KASLE ENERGY INC. (P-5 451440) in the CALLAHAN COUNTY REGULAR field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 27380District 7BField 14820001OilCasinghead gasSaveExport
Value, all time
$102 k
Dec 1994 – Jul 2002
Value, last 12 filed months
$715
at the published price for each month
Months reported
92
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 751 leases and 3,583 wells, and the rule below applies to all of them.

Discovered
1924-12-31
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 Commission's schedule remark for this field reads: CLASS 4 (B) 6,000 - 8,000 467' - 1200' 40 AC 85 BARRELS

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
OilDisposition1,828 bbl$32,676
Casinghead gasProduction44,287 Mcf$69,024
Total$101,701

16,245 Mcf of this lease's gas, across 25 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 32.2642, -99.1263. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.26419, -99.12634 · 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
0.0%
0 of 1 wells
Median depth
3,950 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
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
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 3,950 ft.

Completions filed
Dec 1994
1 of 1 wells

1 well

42-0593580313,950 ftDec 1994Yes

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 (92)

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

92 months

Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 200229024.663.58$715
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 200042031.235.15$1,312
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20005460629.304.40$4,247
May 2000066427.263.68$2,443
Apr 2000061024.513.12$1,901
Mar 2000060528.422.86$1,730
Feb 2000061727.622.73$1,682
Jan 2000049925.272.48$1,238
Dec 1999050624.282.42$1,226
Nov 1999049323.192.43$1,200
Oct 1999064820.982.80$1,817
Sep 1999068021.752.62$1,781
Aug 19998465119.262.88$3,490
Jul 1999066217.892.37$1,571
Jun 1999051315.942.36$1,212
May 1999063515.792.32$1,474
Apr 1999087515.102.21$1,932
Mar 1999067412.471.84$1,239
Feb 199906329.981.82$1,149
Jan 1999064610.381.90$1,227
Dec 19981526629.201.77$2,572
Nov 1998074010.892.19$1,617
Oct 1998072312.421.97$1,424
Sep 1998071412.592.08$1,487
Aug 1998075711.301.91$1,444
Jul 1998074211.742.24$1,660
Jun 1998071511.242.24$1,600
May 199814478712.622.21$3,554
Apr 1998062013.042.51$1,553
Mar 1998070312.802.31$1,624
Feb 1998061313.952.30$1,409
Jan 1998072814.702.15$1,569
Dec 1997072316.322.41$1,743
Nov 1997066718.193.09$2,060
Oct 1997071519.253.15$2,252
Sep 1997074117.742.95$2,190
Aug 19979269317.862.55$3,414
Jul 1997072917.582.25$1,638
Jun 1997072617.242.26$1,639
May 1997069918.972.31$1,614
Apr 19976764917.882.08$2,550
Mar 1997067618.951.94$1,311
Feb 1997061120.492.21$1,348
Jan 1997069323.483.54$2,453
Dec 199612563123.32$2,915
Nov 1996068421.97$0
Oct 1996065423.31$0
Sep 1996069722.22$0
Aug 199616473420.26$3,323
Jul 1996075819.55$0
Jun 1996069818.73$0
May 1996070119.43$0
Apr 1996073021.51$0
Mar 199616764719.38$3,236
Feb 1996035016.98$0
Jan 1996059817.07$0
Dec 1995068117.19$0
Nov 199515171116.00$2,416
Oct 1995077015.43$0
Sep 1995078216.18$0
Aug 199517273815.92$2,738
Jul 1995070915.24$0
Jun 1995069416.41$0
May 199517470617.56$3,055
Apr 199518367117.73$3,245
Mar 1995072916.44$0
Feb 19952829916.58$464
Jan 1995037715.92$0
Dec 1994049615.03$0

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.

May 2002 — as filed, then multipliedworked
Oil                   29 bbl  × $ 24.66 =       $715
Casinghead gas         0 Mcf  × $  3.58 =         $0

────────────────────────────────────────────────────
Month total                                     $715

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/27380 is the state's own key, not one this site invented.