STUART ESTATE "60"

Operated by CUMMING COMPANY, INC. THE (P-5 194204) in the STUART (MARBLE FALLS 3700) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 27455District 7BField 86774500OilCasinghead gasSaveExport
Value, all time
$494 k
Jan 1995 – Mar 2008
Value, last 12 filed months
$0
at the published price for each month
Months reported
159
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 18 leases and 24 wells, and the rule below applies to all of them.

Discovered
1965-07-20
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: THIS FIELD SUBJECT TO COUNTY REGULAR RULES (2-15-95 GDN).

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
OilDisposition19,890 bbl$352,408
Casinghead gasProduction346,344 Mcf$142,045
Total$494,453

288,035 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 (2)

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 32.6663, -98.5444. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

32.66634, -98.54436 · 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%
2 of 2 wells
With a plug date
100.0%
2 of 2 wells
Median depth
3,872 ft
2 wells filed one
Completion to plug
4.7 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
2100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
2100.0%
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

Between 3,700 and 4,043 ft, median 3,872 ft, over the 2 wells that filed a depth.

Completions filed
Jan 1995 – Feb 1995
2 of 2 wells
Plug dates filed
Aug 1999 – Oct 1999
2 of 2 wells

Last completion to plug: a median of 4.7 years across the 2 wells that filed both dates, with the middle half between 4.6 years and 4.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-3633435373,700 ftFeb 1995Aug 1999Yes
42-3633433064,043 ftJan 1995Oct 1999Yes

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 (159)

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

159 months

Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 2004175043.245.28$7,567
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
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 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 199907920.982.80$221
Sep 1999020921.752.62$547
Aug 1999020119.262.88$578
Jul 1999037417.892.37$887
Jun 1999058115.942.36$1,372
May 1999130815.792.32$2,071
Apr 1999052115.102.21$1,150
Mar 1999064812.471.84$1,191
Feb 199906139.981.82$1,114
Jan 1999045310.381.90$861
Dec 199802829.201.77$500
Nov 199801,30810.892.19$2,859
Oct 1998092612.421.97$1,823
Sep 199801,12612.592.08$2,345
Aug 199801,02611.301.91$1,957
Jul 199801,05811.742.24$2,367
Jun 199801,50911.242.24$3,376
May 199801,62812.622.21$3,592
Apr 19981661,67513.042.51$6,361
Mar 19981781,75912.802.31$6,341
Feb 199801,55613.952.30$3,577
Jan 19981742,08614.702.15$7,053
Dec 199702,36516.322.41$5,702
Nov 19971632,32818.193.09$10,154
Oct 19971692,00319.253.15$9,562
Sep 199703,03517.742.95$8,968
Aug 19971793,22917.862.55$11,446
Jul 19971743,02717.582.25$9,860
Jun 19971753,49917.242.26$10,915
May 19973483,88618.972.31$15,572
Apr 19973294,10817.882.08$14,439
Mar 199702,54018.951.94$4,925
Feb 19971793,96020.492.21$12,403
Jan 19973554,70323.483.54$24,983
Dec 19963134,83823.32$7,299
Nov 19963465,90221.97$7,602
Oct 19963367,06523.31$7,832
Sep 19963638,04222.22$8,066
Aug 199640110,48620.26$8,124
Jul 199649911,46319.55$9,755
Jun 199604,56218.73$0
May 19961661,68019.43$3,225
Apr 19961524,32021.51$3,270
Mar 19963358,19719.38$6,492
Feb 19963148,77516.98$5,332
Jan 19961826,46917.07$3,107
Dec 199535810,50417.19$6,154
Nov 199553811,06316.00$8,608
Oct 199566015,94615.43$10,184
Sep 199578316,97416.18$12,669
Aug 19951,08819,39915.92$17,321
Jul 19951,13022,67915.24$17,221
Jun 19951,36022,26216.41$22,318
May 19951,60024,83917.56$28,096
Apr 19952,43830,45717.73$43,226
Mar 19952,44721,59016.44$40,229
Feb 19951,18710,13516.58$19,680
Jan 1995038815.92$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.

Sep 2004 — as filed, then multipliedworked
Oil                  175 bbl  × $ 43.24 =     $7,567
Casinghead gas         0 Mcf  × $  5.28 =         $0

────────────────────────────────────────────────────
Month total                                   $7,567

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/27455 is the state's own key, not one this site invented.