TRUST "139"

Operated by VAN OPERATING, LTD. (P-5 881442) in the HILLVIEW (MISS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 27480District 7BField 41523500OilCasinghead gasSaveExport
Value, all time
$326 k
Feb 1995 – Dec 1999
Value, last 12 filed months
$18 k
at the published price for each month
Months reported
59
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 7 leases and 8 wells, and the rule below applies to all of them.

Discovered
1972-04-13
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
OilDisposition18,270 bbl$322,369
Casinghead gasProduction25,019 Mcf$3,499
Total$325,868

23,479 Mcf of this lease's gas, across 17 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 32.9104, -99.1817. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.91036, -99.18171 · 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
4,536 ft
1 wells filed one
Completion to plug
5 months
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 4,536 ft.

Completions filed
Jan 2003
1 of 1 wells
Plug dates filed
Jun 2003
1 of 1 wells

Last completion to plug: a median of 5 months across the 1 well that filed both dates, with the middle half between 5 months and 5 months. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4173788414,536 ftJan 2003Jun 2003Yes

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 (59)

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

59 months

Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 199968020.982.80$1,427
Sep 199910017921.752.62$2,644
Aug 199913616819.262.88$3,102
Jul 19994915917.892.37$1,254
Jun 19991009515.942.36$1,818
May 199910815915.792.32$2,074
Apr 199912011615.102.21$2,068
Mar 19991974112.471.84$2,532
Feb 19990629.981.82$113
Jan 19991147210.381.90$1,320
Dec 199875759.201.77$823
Nov 19986011510.892.19$905
Oct 199819510112.421.97$2,621
Sep 1998516912.592.08$786
Aug 19981376211.301.91$1,666
Jul 19981356711.742.24$1,735
Jun 1998123011.242.24$1,383
May 1998121012.622.21$1,527
Apr 1998113013.042.51$1,474
Mar 1998171012.802.31$2,189
Feb 1998120013.952.30$1,674
Jan 1998269014.702.15$3,954
Dec 1997342016.322.41$5,581
Nov 199774018.193.09$1,346
Oct 1997127019.253.15$2,445
Sep 1997217017.742.95$3,850
Aug 1997199017.862.55$3,554
Jul 1997155017.582.25$2,725
Jun 1997294017.242.26$5,069
May 1997163018.972.31$3,092
Apr 1997131017.882.08$2,342
Mar 1997383018.951.94$7,258
Feb 1997161020.492.21$3,299
Jan 1997284023.483.54$6,668
Dec 1996319023.32$7,439
Nov 1996268021.97$5,888
Oct 19961,100023.31$25,641
Sep 199630517122.22$6,777
Aug 199619051820.26$3,849
Jul 199637631019.55$7,351
Jun 199627263718.73$5,095
May 199662990719.43$12,221
Apr 199653871321.51$11,572
Mar 199652897319.38$10,233
Feb 199657291116.98$9,713
Jan 199629866717.07$5,087
Dec 19955141,55117.19$8,836
Nov 19955513,48116.00$8,816
Oct 19954078,46815.43$6,280
Sep 19957772,07216.18$12,572
Aug 19957891,39715.92$12,561
Jul 199582561515.24$12,573
Jun 19951,013016.41$16,623
May 19951,081017.56$18,982
Apr 19951,103017.73$19,556
Mar 19957237416.44$11,886
Feb 199501416.58$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.

Oct 1999 — as filed, then multipliedworked
Oil                   68 bbl  × $ 20.98 =     $1,427
Casinghead gas         0 Mcf  × $  2.80 =         $0

────────────────────────────────────────────────────
Month total                                   $1,427

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/27480 is the state's own key, not one this site invented.