VAUGHN

Operated by STAR PRODUCTION, INC. (P-5 815108) in the I BELIEVE, KELSEY (PALO PINTO) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 27415District 7BField 44156275OilCasinghead gasSaveExport
Value, all time
$77 k
Jan 1995 – Mar 1999
Value, last 12 filed months
$197
at the published price for each month
Months reported
51
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 5 leases and 7 wells, and the rule below applies to all of them.

Discovered
1994-05-20
as the register files it
Field class
Oil
the register's own label
Between wells
660 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 1994-07-15.

The Commission's schedule remark for this field reads: IN EFFECT UNTIL NORMAL EXPIRATION & THE REVERTS TO 65YS.

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
OilDisposition4,273 bbl$75,883
Casinghead gasProduction1,140 Mcf$1,056
Total$76,938

720 Mcf of this lease's gas, across 24 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 32.5970, -99.9414. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.59699, -99.94142 · 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
3,985 ft
1 wells filed one
Completion to plug
3.8 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 3,985 ft.

Completions filed
Jan 1995
1 of 1 wells
Plug dates filed
Nov 1998
1 of 1 wells

Last completion to plug: a median of 3.8 years across the 1 well that filed both dates, with the middle half between 3.8 years and 3.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2533419713,985 ftJan 1995Nov 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 (51)

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

51 months

Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 199919010.381.90$197
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 19980013.042.51$0
Mar 1998172012.802.31$2,202
Feb 199803013.952.30$69
Jan 199803014.702.15$65
Dec 199703016.322.41$72
Nov 19971833018.193.09$3,421
Oct 199703019.253.15$94
Sep 19971723017.742.95$3,140
Aug 199703017.862.55$77
Jul 199703017.582.25$67
Jun 19971693017.242.26$2,981
May 199703018.972.31$69
Apr 199703017.882.08$62
Mar 19971643018.951.94$3,166
Feb 199703020.492.21$66
Jan 19971793023.483.54$4,309
Dec 199603023.32$0
Nov 199603021.97$0
Oct 19961763023.31$4,103
Sep 199603022.22$0
Aug 19961953020.26$3,951
Jul 199603019.55$0
Jun 19961643018.73$3,072
May 199603019.43$0
Apr 19961843021.51$3,958
Mar 19961943019.38$3,760
Feb 199603016.98$0
Jan 19961783017.07$3,038
Dec 19951903017.19$3,266
Nov 199503016.00$0
Oct 19951963015.43$3,024
Sep 19951943016.18$3,139
Aug 199503015.92$0
Jul 19951943015.24$2,957
Jun 19952063016.41$3,380
May 19951973017.56$3,459
Apr 19951933017.73$3,422
Mar 19951883016.44$3,091
Feb 19953783016.58$6,267
Jan 19951883015.92$2,993

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.

Jan 1999 — as filed, then multipliedworked
Oil                   19 bbl  × $ 10.38 =       $197
Casinghead gas         0 Mcf  × $  1.90 =         $0

────────────────────────────────────────────────────
Month total                                     $197

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/27415 is the state's own key, not one this site invented.