WATKINS

Operated by SNYDER DRILLING CORP. (P-5 799880) in the DOUGS DOGGY DEAL (SDL CRK LM) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 27528District 7BField 25885380OilCasinghead gasSaveExport
Value, all time
$135 k
Apr 1995 – Sep 2003
Value, last 12 filed months
$1 k
at the published price for each month
Months reported
102
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 4 leases and 4 wells, and the rule below applies to all of them.

Discovered
1995-04-07
as the register files it
Field class
Oil
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
OilDisposition7,421 bbl$134,486
Casinghead gasProduction82 Mcf$198
Total$134,684

18 Mcf of this lease's gas, across 18 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 32.7628, -99.7587. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.76283, -99.75873 · 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
2,336 ft
1 wells filed one
Completion to plug
8.3 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 2,336 ft.

Completions filed
Apr 1995
1 of 1 wells
Plug dates filed
Aug 2003
1 of 1 wells

Last completion to plug: a median of 8.3 years across the 1 well that filed both dates, with the middle half between 8.3 years and 8.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2533423712,336 ftApr 1995Aug 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 (102)

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

102 months

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 200239026.464.23$1,032
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 200240123.653.51$950
Mar 20020122.003.10$3
Feb 200268118.222.38$1,241
Jan 20020117.172.38$2
Dec 20010116.932.36$2
Nov 20010118.072.41$2
Oct 200141119.782.53$814
Sep 20010124.262.25$2
Aug 200136124.873.05$898
Jul 20010123.933.20$3
Jun 200141124.563.82$1,011
May 20010125.524.31$4
Apr 200143124.685.34$1,067
Mar 20010124.545.38$5
Feb 200172127.755.77$2,004
Jan 20010127.478.40$8
Dec 20000126.889.12$9
Nov 200060132.215.66$1,938
Oct 20000131.235.15$5
Sep 20000131.875.19$5
Aug 200051129.644.54$1,516
Jul 20000128.534.09$4
Jun 200055129.304.40$1,616
May 200046127.263.68$1,258
Apr 20000124.513.12$3
Mar 200056128.422.86$1,594
Feb 20000127.622.73$3
Jan 200056125.272.48$1,418
Dec 19990124.282.42$2
Nov 199930123.192.43$698
Oct 199927120.982.80$569
Sep 199931121.752.62$677
Aug 199934119.262.88$658
Jul 199962117.892.37$1,112
Jun 19990115.942.36$2
May 1999100115.792.32$1,581
Apr 19990115.102.21$2
Mar 19990112.471.84$2
Feb 19992819.981.82$281
Jan 199953110.381.90$552
Dec 19982919.201.77$269
Nov 199841110.892.19$449
Oct 199841112.421.97$511
Sep 199839112.592.08$493
Aug 199846111.301.91$522
Jul 199851111.742.24$601
Jun 199865111.242.24$733
May 199831112.622.21$393
Apr 199866113.042.51$863
Mar 199844112.802.31$566
Feb 199855113.952.30$770
Jan 199852114.702.15$767
Dec 199749116.322.41$802
Nov 199755118.193.09$1,004
Oct 199780119.253.15$1,543
Sep 199745117.742.95$801
Aug 199775117.862.55$1,342
Jul 199767117.582.25$1,180
Jun 199779117.242.26$1,364
May 199785118.972.31$1,615
Apr 1997118117.882.08$2,112
Mar 199758118.951.94$1,101
Feb 199784120.492.21$1,723
Jan 199782123.483.54$1,929
Dec 1996104123.32$2,425
Nov 1996135121.97$2,966
Oct 199671123.31$1,655
Sep 1996126122.22$2,800
Aug 1996117120.26$2,370
Jul 1996168119.55$3,284
Jun 1996115118.73$2,154
May 1996174119.43$3,381
Apr 1996115121.51$2,474
Mar 1996181119.38$3,508
Feb 1996168116.98$2,853
Jan 1996178117.07$3,038
Dec 1995242117.19$4,160
Nov 1995262116.00$4,192
Oct 1995234115.43$3,611
Sep 1995261116.18$4,223
Aug 1995360115.92$5,731
Jul 1995523115.24$7,971
Jun 1995358016.41$5,875
May 1995775017.56$13,609
Apr 1995248017.73$4,397

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 2002 — as filed, then multipliedworked
Oil                   39 bbl  × $ 26.46 =     $1,032
Casinghead gas         0 Mcf  × $  4.23 =         $0

────────────────────────────────────────────────────
Month total                                   $1,032

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/27528 is the state's own key, not one this site invented.